http://mynews.mychinab2b.com Your Source for Latest B2B iNews Tue, 07 Sep 2010 05:45:15 MDT en http://mynews.mychinab2b.com/Shenzhen/president-hu-calls-for-more-innovation-use-of-clean-energy-during-shenzhen-tour/
A major focus of Hu's three-day tour that ended Monday is Shenzhen's efforts in accelerating the transformation of economic growth pattern.

At Tencent Inc., one of China's largest Internet portals, Hu learned the company's 12,000 staff have an average age of only 27 years and that 85 percent have college degrees.

Hu encouraged young people to innovate and contribute to the nation's Internet industry.

At the Shenzhen Institute of Advanced Technology, which is part of the Chinese Academy of Sciences, Hu learned about the recent technological breakthroughs of high-tech enterprises like car maker BYD and telecommunications equipment makers Huawei and ZTE.

After observing intelligent robots and super computers, Hu said he could "feel Shenzhen's creativity and vitality."

Hu also visited the Daya Bay Nuclear Station, known as the "cradle" of the country's nuclear power industry.

Statistics show the Daya Bay and Ling'ao nuclear power stations in the area deliver more than 95 million kilowatt-hours of electricity to Guangdong Province and neighboring Hong Kong each day.

Hu examined various diagrams, models and objects at the nuclear power station and was pleased to learn that about 85 percent of the plant's equipment was domestically made.

He said nuclear power is a world-recognized "clean energy," which is an important way for China to "optimize the country's energy structure" and "cut green house gas emissions."

China's nuclear power industry is still "fledgling" but is "developing fast," Hu said.

He said the China Guangdong Nuclear Power Holding Co., which operates the Daya Bay Nuclear Station, should seize opportunities to develop while making safety the top priority.

Hu also visited residential communities.

At Yumin (fishermen) Village Community in downtown Shenzhen, Hu examined residents' living conditions.

As the name indicates, Yumin was a fishing village 30 years ago. But it has now evolved into a modern urban community, with its villagers all urbanites.

In 1984, the late Chinese leader Deng Xiaoping, who first proposed building Shenzhen into a SEZ in the late 1970s, visited the village.

"The community's great change epitomizes the development of the Shenzhen SEZ and proves that the reform and opening-up policy is a must for national prosperity," Hu said.

While shaking hands and chatting with residents, Hu said the Party's reform and opening-up policy aims to improve people's lives and that people should be grateful to the policy and its advocate Deng Xiaoping. ]]> Tue, 07 Sep 2010 04:45:15 MDT admin Shenzhen 1 http://mynews.mychinab2b.com/Shenzhen/president-hu-calls-for-more-innovation-use-of-clean-energy-during-shenzhen-tour/ http://mynews.mychinab2b.com/Shenzhen/shenzhen-drafts-new-labor-law/
The draft law is scheduled to be reviewed as early as September in a meeting of the standing committee of the Municipal People's Congress, which stipulates that the class salary negotiations shall be conducted at least once a year.

Fu Bolun, one of the law's chief drafters, said the law will establish a mechanism for negotiation of periodic pay rises in order to minimize labor disputes.

Thirty years after becoming a SEZ, the booming Shenzhen economy was hit by a spate of worker strikes and even deaths.

Some said the SEZ is enduring the pains of growing-up - according to a Chinese saying, someone is not mature enough until he hits his thirties.

A city of migrants, the former fishery village bordering Hong Kong has seen 8 million outsiders flood in. About 70 percent of them come from rural areas and work in labor-intensive sectors.

But low salaries, long the city's comparative advantage in attracting foreign investment, triggered many high-profile industrial conflicts in recent months.

Workers began striking here and in nearby cites in Guangdong province in May. Companies including Omron (Guangzhou) Automobile Electronics and auto-parts suppliers for Honda and Toyota were affected.

Labor issues also cost some lives, as many questioned the management practices of Foxconn - the world's biggest electronics contractor and the maker of the iPhone and iPad - after 12 workers fell to their deaths from the company's buildings in Shenzhen.

The company increased average monthly wages of its assembly line workers from 900 yuan to 2,000 yuan in June.

Soon after that, Shenzhen lifted its minimum wage to 1,100 yuan a month.

Professor Yue Jinglun at Sun Yat-sen University in Guangdong province said it is the right time for China to improve the welfare of its workers.

"Legislation is the right way," he said.

Although Shenzhen has maintained double digit growth for years, the salaries of its workers have not changed much. Some low-level workers have not seen any pay rises in the past decade.

Qiu Honghe from northeast China's Heilongjiang province said he could only afford to return to his hometown once in four years.

"I receive 1,400 yuan ($206) per month. The round-trip from Shenzhen to my hometown is 1,600 yuan. It would be a luxury for me to go hometown often," Qiu said.

In 2009, Shenzhen's total output reached 820 billion yuan. That meant GDP per capita hit 93,000 yuan -- roughly the level of a moderately developed economy.

"Without an institutional guarantee to secure the interests of workers, the goal of common-prosperity can hardly be realized," said Sun Yat-sen University Professor Yue Jinglun.

The Shenzhen legislature is not alone in empowering workers.

In July, Guangdong provincial legislature reviewed a draft law concerning labor disputes and wage negotiations.

Legislatures in the cities of Shanghai, Tianjin and Xiamen have also started procedures to draft similar laws.

"After achieving great economic results, the special economic zone of Shenzhen is now creating a pilot labor dispute settlement mechanism. It will help achieve the goal of common prosperity," said Yue. ]]> Tue, 31 Aug 2010 22:23:13 MDT admin Shenzhen 1 http://mynews.mychinab2b.com/Shenzhen/shenzhen-drafts-new-labor-law/ http://mynews.mychinab2b.com/Shenzhen/china-30-years-on-shenzhen-keeps-going-1/
The economic zone will restructure its economic pattern and take the scientific development path to build itself into an international metropolitan, capable of competing with Hong Kong, Singapore as well as big cities in the US and Europe, Wang told reporters Tuesday at a news briefing.

He also said making Shenzhen people feel happier is another important goal besides maintaining GDP growth, admitting that compared with some inland cities, Shenzhen has not done as well in offering security for young people working in the city. ]]> Sat, 21 Aug 2010 20:27:32 MDT admin Shenzhen 1 http://mynews.mychinab2b.com/Shenzhen/china-30-years-on-shenzhen-keeps-going-1/ http://mynews.mychinab2b.com/Shenzhen/shenzhens-new-beginning-on-30th-anniversary/
The economic zone will restructure its economic pattern and take the scientific development path to build itself into an international metropolitan, capable of competing with Hong Kong, Singapore as well as big cities in the US and Europe, Wang told reporters Tuesday at a news briefing.

He also said making Shenzhen people feel happier is another important goal besides maintaining GDP growth, admitting that compared with some inland cities, Shenzhen has not done as well in offering security for young people working in the city.

Shenzhen, which was originally a coastal village, took off economically after it was approved to become an SEZ on August 26, 1980. Now the city is among China's most developed regions and boasts a per capita GDP of $13,600 in 2009.

t is also home to some leading Chinese enterprises such as telecommunication giants Huawei, ZTE, internet company Tencent and electric car maker BYD.

Wang said he is confident that these companies will remain in Shenzhen despite rumors that some of them will move their headquarters. He believed the city still has great potential as long as its economic pattern is successfully transformed. ]]> Tue, 03 Aug 2010 20:05:16 MDT admin Shenzhen 1 http://mynews.mychinab2b.com/Shenzhen/shenzhens-new-beginning-on-30th-anniversary/