Economic Reorganization in China

Dear Colleagues,
Back in August, the Beijing Review had a column on China’s “Goals for 2015,” which are a good indication of how they will climb out of the present economic situation, which has been wished upon them by the Western economic crisis. Please find them quoted below.
Of course, I would appreciate any comments.
Sincerely,
Sidney
Goals for 2015
Energy saving and environmental protection: The annual growth of revenue of contract energy management will reach 30 percent, the comprehensive utilization rate of industrial solid waste will hit 72 percent and the recovery rate of major renewable resources will increase to 70 percent.
Next-generation information technology: It is projected to boast 4MB broadband capacity for rural customers and 20MB broadband capacity for urban customers, with some areas capable of supporting 100MB of bandwidth. The convergence of telecommunication, Internet and broadcasting networks into one complete system will be realized, and television signals will become entirely digital.
Biology: At least 30 new medicines with independent intellectual property will be launched in the market, more than 200 kinds of pharmaceuticals will become the mainstream product in the international market, and the number of new animal and plant varieties will reach 20 and 180, respectively.
High-end equipment manufacturing: China’s first large passenger plane will complete its maiden flight; home-made regional jet ARJ 21 will be mass-produced; and breakthroughs will be made in the development of new-type utility aircraft and helicopters for civil use.
New energy: The total installed capacity of nuclear power plants will reach 40 million kw; approximately 100 million kw of installed wind power capacity will be connected to power grids; the installed biomass power capacity will rise to 13 million kw; and installed solar power capacity will reach 21 million kw.
New materials: The country will foster 20 leading enterprises with self-owned brands and big market influences, and become the world’s major producer of high-end new materials and products.
New-energy automobiles: A total of 500,000 all-electric and plug-in electric vehicles will be on the road. 

- “A New Hope,” Beijing Review, August 9th, 2012

Insight On World Agricultural Production And Relation To Prices And Inflation

Dear Colleagues,

In my request for help on a paper on inflation, which I have been preparing for China, I appreciate a good number of responses.  To give you an example of some of the contents, I am attaching a story from the Christian Science Monitor on Africa as a growing source of agricultural products, which happen to be one of the disturbing factors creating inflation in China because of rising prices of foodstuffs.  This is a part of the information that will be sent to China shortly, and I would like to share it with you.

Sincerely,

Sidney Gluck

Click HERE to view “Is Africa Selling The Farm?” at http://www.csmonitor.com/World/Global-Issues/2011/0206/Hunger-and-food-security-Is-Africa-selling-the-farm

The Truth of Efforts Towards Climate Change

Dear Colleagues,

A few weeks ago, I learned that China had spent fifty-one and a half billion dollars in the year 2010 to re-organize their power supply to reduce CO2 emissions.  Apparently, this is a continuous program and has become a part of the national budget.  This, of course, puts China in the top position of countries that are, in fact, making some effort to deal with climate change.

In the issue of Beijing Review of December 9th, there is an article “Taking Responsibility for Climate Change” that analyzes the Cancun Conference, which could not yet form an international agreement and includes China’s contribution and decision.  Again, I believe that this information should be broadly circulated to counter the anti-China propaganda.

Sincerely,

Sidney Gluck

Click HERE to view “Taking Responsibility for Climate Change” at http://www.bjreview.com.cn/quotes/txt/2010-12/07/content_317340.htm

Esso Advertisement from 1962

Esso Advertisement from 1962

“Each day, Humble supplies enough energy to melt 7 MILLION tons of glacier.”

Dear Friends,

Just to show you how finance capital has worked in the USA, we go back to February 1962 when Esso (now Exxon) published an ad indicating that their company (Humble) supplied enough energy to melt 7mln tons of glacier EACH DAY. Apparently, there wasn’t much they learned that they wanted to share as to what could happen during their economic reign continuing to eject what has become 65% of the CO2 now threatening to develop into glacial melt catastrophe. Thought I would share a copy of the ad with you. We scanned it and it is attached.

I hope you followed the results of this week’s meeting just ended in Bolivia which decried the failure of Copenhagen and particularly the US and its failure to deal with the elimination of CO2 production.

Sincerely,
Sidney