Posts tagged ‘Central University of Finance and Economics’

23/01/2014

China must spend $330 billion more to do fair share on climate – report | Reuters

China must increase spending on emission cuts and clean technologies by 2 trillion yuan ($330 billion) to do its fair share to halt climate change, a report by Beijing\’s Central University of Finance and Economics said.

It urged the government to raise money from carbon markets to fund investments.

The report\’s conclusion contrasted with China\’s official policy that the main responsibility for ramping up action against climate change rests with developed nations.

China, the world\’s biggest-emitting nation, has already pledged to spend 520 billion yuan to help prevent global temperatures from rising more than 2C, according to Chen Bo, co-author of the report.

But that is only a fifth of what is needed if China – trailing only the United States on the list of history\’s biggest carbon emitters – is to shoulder a proportionate burden in global efforts to stop climate change, the report said.

The main responsibility for ratcheting up the extra funds should fall on the government, it said.

via China must spend $330 billion more to do fair share on climate – report | Reuters.

Enhanced by Zemanta
31/12/2013

Tale of Xi’s dumplings draws crowd |Society |chinadaily.com.cn

\”A president\’s set meal,\” said Sun Zhengcai as he waited to be served at the Qing Feng Steamed Dumpling Shop in Beijing\’s Xicheng district.

Tale of Xi's dumplings draws crowd

Just two days earlier, on Saturday, President Xi Jinping had dropped in unexpectedly for lunch, and fame of his visit had spread far and wide.

Sun, a 33-year-old ex-soldier, could have been home on Monday if he had taken a train from Weifang, Shandong province, where he had been on a business trip, straight to Liaoning province. But he chose to change trains in Beijing with his five boxes of green turnips, making the trip six hours longer and more than 200 yuan ($33) more expensive.

Sun spent 50 yuan to store his 25 kg of turnips at the station and arrived at the shop at about noon to join a line more than 50 meters long.

After waiting for nearly half an hour, he took his \”president\’s meal\” and went to the table at which Xi had sat — where Sun joined another line to wait for a chance to sit in Xi\’s seat and have his photo taken there.

Sun then quickly moved to another table because of the large number of people who were waiting their turn to be photographed at Xi\’s table.

The first thing Sun did, however, was not to start enjoying the dumpling stuffed with pork and green onions, but to upload to WeChat, a mobile social networking app, the photo he had asked another customer to take of him.

\”The greatest honor I had during my stay in Beijing was to have a set meal of the president,\” he said in the photo.

After getting one more photo of himself in front of the shop, Sun hurried back to the train station.

\”I usually don\’t eat dumplings, but I finished all of them, just as President Xi did,\” Sun said. \”His deed showed that he is a man of the people,\” Sun added. \”I feel more confident in building a strong China under his leadership.\”

Pan Xinxin, 27, a postgraduate student at the Central University of Finance and Economics, also decided to come to taste the same meal Xi had ordered after hearing of the president\’s visit.

\”President Xi\’s deed makes me feel he is quite close to the young and not reserved, and this makes us like him very much,\” Pan said.

Pan decided to visit the restaurant because it is \”affordable\” and \”it\’s a place we can experience firsthand\”.

According to an online post from Baidu, the largest search engine in China, the term \”Qing Feng Steamed Dumpling Shop\” had been searched for 33,317 times on Saturday.

via Tale of Xi’s dumplings draws crowd |Society |chinadaily.com.cn.

See also: https://chindia-alert.org/2013/12/28/photos-of-xi-jinping-eating-at-a-popular-beijing-restaurant-go-viral-south-china-morning-post/

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India