Expert Profile

Expert photo David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;   From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;   From 2002 to 2006, president of B&Q China, a subsidiary of King

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Piracy In China
China has some of the highest piracy rates in the world: 95 percent for entertainment software, 90 percent for records and music, and 82 percent for business software, according to statistics from the International Intellectual Property Alliance.
 

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Orange Solar powered backpack

    
Make the Most of a Sunny Day with a Solar Backpack

Nowadays we are having a very unstable and crazy weather. They are nothing like the ones that we usually had in the past. There are many extreme weather conditions everywhere. In some places, there are intolerably hot days; and in other parts, the cold is unbearable. Those strange weather anomalies happen because of the global warming which is a process where the heat of the sun cannot be reflected back to the sky and thus be trapped inside the earth by the greenhouse gases. This greenhouse gas is the cause of the whole weather problem and this gas is caused when we burn the fossil fuel.

So there are many scientists who try to find an alternative source of energy. And one of the proven sources is the sun. Just by using the sola......

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The China Blog-TIME.COM
Investment Contributes Over 90% To China's GDP Growth: NBS
General China 02/07/2010
Investment accounted for 92.3 percent of China's Gross Domestic Product (GDP) growth in 2009, National Bureau of Statistics (NBS) announced Tuesday, reported Xinhua.

Of the GDP growth of 8.7 percent last year, investment growth contributed 8 percentage points, said a statement on the NBS website.

Consumption contributed 4.6 percentage points, or 52.5 percent, of last year's GDP growth, while net exports dragged down GDP growth by 3.9 percentage points, or 44.8 percent, said the statement.

China's investment on fixed assets totalled 22.48 trillion yuan ($3.3 trillion) in 2009, up 30.1 percent year on year, and retail sales in 2009 rose by 16.9 percent year on year to hit 12.53 trillion yuan.

Total foreign trade value in 2009 dropped to $2.21 trillion, down 13.9 percent year on year, and the trade surplus fell 34.2 percent to $196.1 billion, according to the NBS.

In 2007, investment contributed 4.3 percentage points to GDP growth, and the figures for consumption and net exports were 4.4 and 2.7 percentage points respectively, according to NBS.

The NBS does not provide statistics for 2008, as GDP growth in 2008 was revised last month.

Investment, consumption and net exports are three factors on which GDP is calculated. China's GDP totalled 33.53 trillion yuan ($4.91 trillion) in 2009.
 

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