Archive for December 15th, 2010

Wednesday, December 15, 2010

Wen Jiabao in India: Proposals for Business Cooperation

Chinese chief state councillor Wen Jiabao made a four-point proposal for expanding Indian-Sino relations, during a Business Cooperaton Summit (中印商务合作峰会) in New Delhi on Wednesday, China News Net (中国新闻网) reports – republished here.

1. Making full use of (potential) trade opportunities. As feasibility studies on regional trade between the two countries had been completed, negotiations should start as soon as possible. China attaches importance to balanced trade and is willing to gradually provide easier conditions for Indian information technology, pharmaceutical and agricultural products to enter Chinese markets. Disputes should be settled by consultations, and protectionism be opposed.

要充分挖掘两国贸易潜力。温家宝说,中印两国已完成区域贸易安排联合可行性研究,我们期待尽早启动谈判进程。中方重视两国贸易不平衡问题,愿意进一步为印度的信息技术产品、药品和农产品等进入中国市场提供便利条件。两国应通过磋商谈判妥善处理贸易摩擦,共同反对贸易保护主义。

2. Efforts should be made for improved investment environments. The businesses of both countries had rather high expectations on mutual investment, and the governments of China and India should provide judicious guidance, conscientiously imlement investment promotion and protection agreements already signed, ease approval procedures, capital flows, border-crossing procedures and other constraints, and create still easier conditions.

要努力营造良好的投资环境。温家宝说,目前,两国工商界对扩大相互投资有较高期待,两国政府要因势利导,认真落实双方已经签署的投资促进和保护协定,放宽审批、资本流动、人员出入境等方面限制,为双向投资创造更加便利的条件。

3. Bilateral cooperation should be expanded. Trade and economic cooperation shouldn’t be limited to trade, linvestment, building of infrastructure, but be expanded towards the fields of finance, tourism, energy, environmental protection etc. Both sides’ inancial industries should be encouraged to strengthen their business links, and the banks of both sides to establish branch offices in the respective other country.

要拓展两国合作领域。温家宝表示,中印经贸合作不应局限于贸易、投资、基础设施建设,还应向金融、旅游、能源、环保等领域拓展。我们鼓励双方金融业加强业务往来,鼓励两国银行在对方互设分行。

4. The business communities were encouraged to strengthen exchanges. Industry and commerce should establish forums for CEOs to develop entrepreneurs’ knowledge and influence, and to offer advice for the promotion of trade relations between the two countries. Trade associations should develop intermediary and bridging effects, assist companies in tapping the markets of the other country respectively, actively propagandize the fruits of the to countries’ trade and economic cooperation, remove misunderstandings, increase trust and dispel suspicion.

要鼓励企业界加强交流。温家宝说,我们鼓励两国工商界建立首席执行官论坛机制,发挥企业家的智慧和影响,为推动中印经贸合作献言献策。两国行业商会和协会要充分发挥桥梁中介作用,帮助企业了解和开拓对方市场,积极宣传两国经贸合作成果,消除误解,增信释疑。

The two countries had a wide range of common interests in the international trade system, they were in similar stages of development, identical or similar positions concerning climate change, the Doha negotiations, and the reform of the international financial system, and other trade and economic issues. They should strengthen their c0mmunication and cooperation, to make the world listen more closely to the voices of developing countries, which would help to maintain their common interests, China News Net quotes Wen Jiabao.

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Related
“Provide Guidance to the Public”, Deccan Herald, December 13, 2010
“Hawkish Groups in New Delhi Getting above Themselves”, Nov 24, 2010

Wednesday, December 15, 2010

Eastday: Behind the Bund

The Bund’s magnificient old buildings attract many tourists, but what many people don’t know is the small lane next to No. 13, the Industrial and Commercial Bank. You turn left into a small lane and you will get a different impression. There are cracks in the building structure, a mix of bricks and concrete, which are displaying cracks. 73 households are spending their days in fear,

an Eastday (Shanghai) reporter – republished by Enorth (Tianjin) – describes a building in East-2 Zhongshan Road. It’s an “A”-shaped, four-storey building, built in 1910. At first, it belonged to the port authority and was also known as 港四大楼 (gǎng sì dàlóu). It is now run by the Shanghai Duanzheng Property company (上海端正物业有限公司). The youngest inhabitant has just celebrated man yue; and the oldest is an 85 year-old lady.

First problems had emerged in 2004, and the state of the building had recently deteriorated further and more seriously, Eastday quotes the residents’ representative. An old resident told Eastday that all she can do is to use letter envelopes to obturate the cracks in the walls.

The Eastday reporter adds some of his own observations, concerning immediate risks in the building structure and safety equipment.

The Duanzheng company was apparently established in 2003, and is a subsidiary of a larger property company. Originally, it had been state-run, but has been privatized (民营化转制, mínyíng huà zhuǎnzhì) since. The company profile says that a considerable part of the 2.5 million square meters of living space it is operating belong to rather old buildings, which involves the need for a lot of maintenance, and efforts to build a harmonious society (为构建和谐社会尽了努力).

One of the letters, apparently of a reply by the company to a letter by the residents, acknowledges the need for maintenance work (see fourth photograph).

Property developers aren’t facing a very friendly press these days. Generally, the underlying structures for such “contradictions” lies in the way new property is developed. But given that the Eastday article refers to an area at the center of one of China’s biggest cities which has long been residential – and probably mostly inhabited by people who had long been used to state-supplied housing, at moderate rents and correspondingly moderate service levels, this doesn’t look like a typical housing problem.

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Vocabulary
提心吊胆, tí xīn diào dǎn, to be scared / to be in constant fear
心, xīn, heart
胆, dǎn, gallbladder (also: courage)
吊, diào, to hang, to mourn
– a feeling also referred to as 吊胆提心.

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Related
Shanghai reopens Bund after £280m restoration, The Telegraph, March 26, 2010

Update / Related
First Snow of Winter expected, Shanghaiist, December 14

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