Part
One: General
Part
Two: National News
Part
Three: International affairs
Part Four: Economy
1
循环经济 Recycling
economy
As
China faces increasingly severe challenges
from environment and
nature resources, how to develop a recycling
economy becomes the focus of the attention.
In 2006 China outlined a new development
strategy for 2007-2012 called
"Resource-thrifty Society", and
launched a multibillion-dollar effort to cut
pollution through reducing the demand on coal
and oil
energy. An Institute of
Recycling Economy has been established in
Beijing University, and in November 2006, the
International Conference on Recycling Economy
& Sustainable Development was held in
China.
2
基金热销 High
demand for fund shares
After
years of bear market, the main Chinese stock
indexes approached the record level in 2006,
and now its stock market capitalisation
accounts for 46 per cent of the $2.2 trillion
economy.
3
交强险
Compulsory liability insurance
The
Compulsory Vehicle Liability Insurance, the
first compulsory insurance in China, was
implemented in 2006. Many other liability
insurances are expected to follow.
4
商业贿赂
Commercial bribery
Big
measures were taken in 2006 to crackdown on commercial
bribery activities especially
among government
officials, with China’s
telecommunications industry as one of the
main targets.
5
自主品牌
National brand
A
campaign to promote traditional
native brands was launched by the
Chinese authority in 2006, and the notable
attempt has been made to develop and market
new national brands.
6
外资银行 Foreign-fund
bank
From
December 11, China’s RMB retail business is
open to all foreign fund banks, which fulfils
the last commitment on opening up the banking
sector required by the WTO. Previously,
foreign banks needed the regulator's approval
to offer services involving the Chinese
currency.
7
流通股 Circulation
stock
In
2006, a system of complete circulation share
was formulated. Under this new split share
structure, from 2007 part of the state-owned
non-tradable share can be put for open
transaction in stock markets. Previously,
state-owned non-tradable share, that
accounted for two thirds of listed companies'
total equity capital, was not allowed to
engage in transactions at all.
8
二手房 Second-hand
property
Owning
to the intractable high
housing price, the
second-hand property market in China’s
major cities is booming in 2006.
9
现代物流
Contemporary logistics
With
China's engagement in the WTO deepens,
technological and managerial issues in
contemporary logistics have received more
attention than ever and became a hot topic in
2006.
10
能耗 Energy
consumption
Facing
a surging demand for energy and serious
problem in pollution, fresh construction
rules have been introduced to create a new
generation of green buildings. On the first
day of 2007, a landmark renewable energy law
was taken effect, aiming to boost China's
renewable energy capacity to 15 percent by
the year 2020. China has pledged a $180
billion investment to foster in renewable
energy research and development over this
period, including providing low-cost loans
and tax breaks for renewable energy projects.
Part
Five: Science
and Economy
1
机器人 Robot
2006
China Robot Expo, the third annual robot expo
in China, was held in Beijing in October. As
a newcomer in the field, China is making a
big effort to catch up in the game.
A talented
life-size lady robot who can
sing, dance, crack jokes, solve
puzzles and speak in many
languages
made by China's Science Academy
2
概念车 Concept
car
With
the rise of car culture in China, concept
cars displayed at various auto shows are
enjoying great popularity among car lovers.
A
cencept car designed by Chinese engineers
3
科博会 The
High-Tech Expo
Beijing
High-Tech Expo is a large-scale international
high-tech & trade show which held
annually.
4
冥王星降级
The degradation of Pluto
When Pluto
was kicked out of
the G8 (giant planet 8) summit, and a Chinese
scientist further came along to suggest that
Pluto’s Chinese name should be downgraded
from Ghost King (冥王星) to
Ghost Spirit (冥神星), the
star’s popularity soared and the protests
were heared everywhere in China against the
unfair dismissal.
5
航展 Aircraft expo
As the
number of Chinese high fliers with a private
jet to fly high in the sky is increasing,
China’s Aircraft
Expo 2006 with jets priced from
as cheap as 100,000 yuans to as expensive as
20 million yuans generated a lot of interest.
6
数字家庭 Digital
home
When
President Hu Jintao attended Bill Gate’s
family dinner, Gate’s futuristic digital
home was a hot topic in China.
7
庞加莱猜想 Poincaré
Conjecture
After
imaging himself being a rubber band and
comparing his experiences on an apple with
that on a donut, Mr Poincaré convinced that
a two dimensional sphere like the apple
possesses a property of simple connectivity.
But he wasn’t quite sure about the donut
which he believed is a three dimentional
sphere. And he cried out for help. Over a
century, many mathematicians heard the cry
and rushed to help but couldn't find a way to
handle the donut. Then one day in 2006 there
was a report from China saying a team of
Chinese scientists has successfully solved
the donut problem.
8
信息超市 information
supermarket
"Integrated
information service platform" is quite a
catch phrase in China, many people claim they
have or are or will built/building/build one.
9
流氓软件 rogue
software
2006
was the year when China’s cyber space was
plagued by an epidemic of "rogue
software" to the point
that Internet users in eight Chinese cities
were forced to form an anti-rogue coalition
and brought some big software companies to
court. Though the cases were dismissed, it is
believed that Chinese government will soon
release an official standard for identifying
the softwares with a bad attitude.
10
汉芯 Han
Chip
A
US-educated Chinese scientist went to
Shanghai claiming he invented an advanced DSP
chip called Han Chip. He was paraded like a
hero, but at the end it turned out to be a
hoax, nor was even his glorious cv genuine,
an embarrassment to pretty much everyone.
Part
six: culture
Part seven: sports
Part eight: society
Part nine: health
Part ten: disaster
Part eleven: Taiwan
