DOCSLIB.ORG

UCCESS in BEIJING's ILICON VALLEY Reliefs of Guanyin Bodhisattva Figures in an Oyster Shell

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
UCCESS in BEIJING's ILICON VALLEY Reliefs of Guanyin Bodhisattva Figures in an Oyster Shell Who Will Be the Next US President? UCCESS IN BEIJING'S ILICON VALLEY Reliefs of Guanyin Bodhisattva figures in an oyster shell. Pearls are eagerly sought by many for their beauty and lustre. One of China's pearl production centres where oysters at;e cultivated is Zhuji County, Zhejiang Province. Here one can find not only pearl-breeding oyster farms but also producers of various kinds of relief figure pictures. This hew handicraft is used to create decorative articles and tourist souvenirs. Phofos by Gu Shoukang Injecting a special solution into an oyster shell to boost the growth of .pearl. A pearl cultivator spreading oysters in a pond. BeijingR«-i«- HIGHLIGHTS OF THE WEEK China Launches Meteorological Satellite \oi >i. NO. SILFT. I«-25. m» • China successfully sent up its first experimental meteorological satellite by a Long March No.4 carrier rocket CONTENTS on September 7. The satellite gathers global meteorological information and transmits the data to satellite ground stations NOTES FROM THE EDITdRS 4 worldwide (p. 5). New S>sti.Mii of Public Service to Oo Into F-rictt KIVIT Urged to Begin Talks on Reunification EVENTS/TRENDS 5-9 Chinn i.:iunchos MeiumiUigicaJ • Thirty-four KMT leaders headed by Chen Li-fu recently put Satcllilc forward a proposal for reunifying China through culture. Zhao on ( hiiia's Price Relurm Renmin Ribao (People's Daily) published a commentary I-irsi Sccrcis Law Made warmly welcoming the proposal. The paper expressed the hope i'uWic that both sides can initiate co-operation in economic and Chin:) Hosts the cultural fields and conduct talks on all pfiatters at an early date Can a Millionanc .loin the Paris'.' either on the mainland, in Taiwan, or at any other place (p. 14). Wcci^lyChrcrnK-lc (Scplembcr (NTERNATtONAL 10.13 China's Silicon Valley in the Ascendent Polaml; Strikes F-^nd. l*roblcms Remain • Since 1980, group after group of scientists and engineers 'i he PinhppiiK-"-- 1 nparlitc have quit their secure jobs to found their own electronic Controniiitiot* Shaping Up businesses on Zhongguangcun Street in Beijing. Now the SinLMpoic: Kiiiins: l'arl> Jilcctcd largest micro-computer and computer components market in .•\iiam China has become China's answer to silicon valley in Qatar: fc'conomy l^cks Up combining scientific and technological research with trade (p. 15). KMT Urged to Begin Talks on Chinas ftfidinification Chinas Silicbb Valley in ttie A Brief Analysis of US Presidential Elections IS An Ov&tviemvt tiS PreSiciei}^ • The fact that George Bush and Michael Bukakis have won, Elections 19 respectively, the Republican and Democratic presidential Snow's Red Star' Holds Lasting nomination shows that moderate conservatism and moderate Appeal liberalism represent the current mainstreams in the c»iipaign. TTie two candidates are expected to run a close race, the 26 outcome of which cannot be predicted with any certainty at present (p. 19). FROM THE CWWESE PRESS !5D-W CULTURE/SCIENCE 32>34 Singapore's General EleeHim ^OVER: Stofic GrtHitp of ihe ffiott^iiangcun F.lettronic Street. • The Singapore People's Action Party wins again in the Chen Zon«iie recent general election on its record of increasing prosperity (p. 12). s„i...(.ijr,.i.., .„.•. , (1 ..:,u; USfl Pi.l.listird irvctv Vlon(!.i, G.-rieiiil tiliton.il OlUce lei 8314318 Australia A.»24.pO Canada .....Can .$23.00 BttJIMG RtVlhW tii.lliah D,:i)t l,-l 331 5b9!) txt SIB New Zealand NZ.$33.00 .M Bniw.in/hij.HK! Road 1' .'iihiji.n iiy £hma International Book UK £13.00 ».-,,<:,<, 100037 Trading Corporation iGUOJI SHUOIANl P I..;, R.-p[ililii a< P O Box 399 B..i|ni(j Chiii.i •1 NOTES FROM THE EDITORS New System of Public Service to Go Into Effect by Li U hina is now actively preparing document includes a series of strict tors from various provinces, Cto implement a new system of stipulations on public servant municipalities' and autonomous public service. Starting from next discipline, and contains a plan for regions. They discussed the drafts January, all government depart• the establishment of a mechanism of the Provisional Regulations ments will recruit and promote enabling the people to exercise Concerning Public Servants and staff in line with a new series of direct supervision over the work of related statutory decrees and stipulations concerning the system public servants. Those found suggested several revisions. of pubHc service. violating this discipline will be Energetic efforts will be made to The Ministry of Personnel severely punished. The statute also establish a national public servant under the State Council is going embodies detailed legal norms for training network based on the through the final examination of the management of public State Administrative College, an the Provisional Regulations Con• servants. institution of higher learning cerning PubUc Servants and some Six auxiliary decrees have been specializing in training public Other related decrees. The regul• drafted, covering areas including servants to be built. The network ations include articles on the rights examination and recruitment, will include several local admini• and responsibilities of public routine checks of work standards, strative colleges and various servants, classification of posts, rewards and punishment, and training institutes. These colleges examination and recruitment, salary scale. Plans have also been and institutes will devote their rewards and punishment, pro• made to enact another ten decrees attention primarily to training motion and demotion, training on the training of pubhc servants, public servants at their posts. and education, salaries and changing jobs, insurance and China's current personnel man• welfare, retirement and work welfare. agement system came into being in discipline. The Ministry of Personnel plans the early days of New China. Its The document has two major to estabUsh a comprehensive basic functions have been the themes. First, it gives prominence statutory system over public recruitment, selection and transfer to competition. The regulations service within five years. of officials, with its work overseen stipulate that in the future, all state Since the beginning of the by Party committees and organiz• organs must recruit public serv• second half of this year, this new ational departments in an univer• ants through open, competitive system of public service has been sal manner. examinations. The state will tried out in four departments The advantage of this system announce the qualifications re• under the State Council, including lay in its strong political "cohesive quired, the examination proce• the State Building Materials force." But its major defect was a dures and the methods of Bureau, the State Auditing lack of strict, scientific and legal recruitment-, so as to enable every Administration and the State standards of classificaton for -citizen to have an equal opportun• Environmental Protection official positions and selecting ity of applying. Staff will then be Bureau, the provincial govern• Officials. As a result, it inevitably recruited according to the examin• ments of Guangdong and Fujian, •gave rise to some abuses, such as ation results. In addition, the and governments of eight cities choosing the wrong person for a promotion of public servants will including Guangzhou and Shen• job, incompetence and be based on a comprehensive zhen. Initially, the results have favouritism. appraisal of their work, supplem• proved successful. In addition, it failed to offer ented when necessary ' by In August, the first training every official an equal opportunity examinations. class for the introduction of the in applying for vacant posts, and Second, the document stresses new public service system was held so was not conducive to the supervision and management in Beijing. The participants were intellectual growth of talented according to the law. The 106 personnel department direc• people. 4 BEIJING REVIEW,' SEPTEMBER'IS^gj .1988 EVENTS/TRENDS China Launches iVieteoroiogical Satellite hina sent up its first experim- ; ation, temperatures of the ocean Cental meteorological satellite surface, and coverage of ice and from a launching centre in snow. Taiyuan, Shanxi Province on It is also capable of; surveying September 7. the composition, of particles in The satellite, Fengyun (Wind space. and Cloud) No. 1, has entered the It is designed primarily to Consequently, the old system solar-synechronous orbit, with all gather global meteorological in- has fallen ever more out of step meters and instruments function• with the need for highly efficient ing normally. Following its launching by a ExtensWe cloud chart transmitted by the government work required by satellite pictures all of China's topo• China's reforms. Therefore, the "Long March No. 4" carrier graphical features. i>y 13th Party Congress pointed out rocket, it transmitted information the necessity of establishing a in about 15 minutes and its first scientifically managed, modern cloud chart picture in one hour public service system character• and 30 minutes. ized by open competition. It is The chart of clouds over the only through such a system that Soviet Union a:nd Asia is clear, government functionaries can said experts at the Beijing-based remain competent, qualified and Satellite Meteorological Centre honest. And it is only with such a affiliated with the State Meteor• system that they can form a ological Bureau. powerful and highly efficient The Xian Satellite Telemetering goverment network to effectively Centre and the State Meteorolog• manage state administrative ical Bureau are testing the satellite affairs. according to plan. The establishment and imple- It is capable of telemetering rhentation of the new public cloud charts day and night, earth's service system represents a major surface pictures, ocean-water step in the reform of China's color-charts, growth, of veget- political structure. It is un• doubtedly a complicated social Chlna launches Its first meteorological satellite by a "Long March No. project involving the country's few 4" carrier rocket.
Load more

Recommended publications
  • Lu Zhiqiang China Oceanwide
    08 Investment.FIN.qxp_Layout 1 14/9/16 12:21 pm Page 81 Week in China China’s Tycoons Investment Lu Zhiqiang China Oceanwide Oceanwide Holdings, its Shenzhen-listed property unit, had a total asset value of Rmb118 billion in 2015. Hurun’s China Rich List He is the key ranked Lu as China’s 8th richest man in 2015 investor behind with a net worth of Rmb83 billlion. Minsheng Bank and Legend Guanxi Holdings A long-term ally of Liu Chuanzhi, who is known as the ‘godfather of Chinese entrepreneurs’, Oceanwide acquired a 29% stake in Legend Holdings (the parent firm of Lenovo) in 2009 from the Chinese Academy of Social Sciences for Rmb2.7 billion. The transaction was symbolic as it marked the dismantling of Legend’s SOE status. Lu and Liu also collaborated to establish the exclusive Taishan Club in 1993, an unofficial association of entrepreneurs named after the most famous mountain in Shandong. Born in Shandong province in 1951, Lu In fact, according to NetEase Finance, it was graduated from the elite Shanghai university during the Taishan Club’s inaugural meeting – Fudan. His first job was as a technician with hosted by Lu in Shandong – that the idea of the Shandong Weifang Diesel Engine Factory. setting up a non-SOE bank was hatched and the proposal was thereafter sent to Zhu Getting started Rongji. The result was the establishment of Lu left the state sector to become an China Minsheng Bank in 1996. entrepreneur and set up China Oceanwide. Initially it focused on education and training, Minsheng takeover? but when the government initiated housing Oceanwide was one of the 59 private sector reform in 1988, Lu moved into real estate.
    [Show full text]
  • Corporate Profile
    Public Listing: Hong Kong Stock Exchange main board (HK: 03396) CORPORATE PROFILE Overview Founded in 1984, Legend Holdings is a leading diversified investment holding group. Headquartered in Beijing, China and listed on the Hong Kong Stock Exchange, the Company has built an innovative ‘two-wheel-drive’ business model which combines both strategic and financial investments. Under the Chairmanship of the Company’s Founder, Mr Liu Chuanzhi, Legend Holdings has grown over the past 33 years into a globally respected, trusted and influential investment group. It has a track record of cultivating a number of leading companies across various industries, both in China and overseas. Strategic Investments Legend Holdings is committed to generating long-term value Support includes stewardship, with an emphasis on compliant creation through its strategic investments. The company aims governance, risk control and supervision. It also includes to invest in and develop a diverse global portfolio of large-scale, leveraging Legend Holdings’ broad international experience industry-leading companies that have sustainable and stable and deep understanding of global markets to offer advice long-term growth potential. It does this through a consistent and guidance, particularly in terms of international expansion approach that involves taking a controlling shareholding position strategies. The company is also committed to providing in order to provide long-term orientated value-added services. financial support to its portfolio companies to support growth plans and to assure corporate stability and resilience. The company does not seek to involve itself in the daily operations of its portfolio companies. Instead, Legend Holdings The company’s strategic investments are primarily targeted at aims to act primarily as a highly supportive shareholder four different target industry segments: through taking an active role on the Board of Directors to Financial Services.
    [Show full text]
  • Journal of Current Chinese Affairs
    China Data Supplement May 2007 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC .......................................................................... 2 LIU Jen-Kai The Main Provincial Leadership of the PRC ..................................................................... 30 LIU Jen-Kai Data on Changes in PRC Main Leadership ...................................................................... 37 LIU Jen-Kai PRC Agreements with Foreign Countries ......................................................................... 42 LIU Jen-Kai PRC Laws and Regulations .............................................................................................. 44 LIU Jen-Kai Hong Kong SAR ................................................................................................................ 45 LIU Jen-Kai Macau SAR ....................................................................................................................... 52 LIU Jen-Kai Taiwan .............................................................................................................................. 56 LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Studies Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 May 2007 The Main National Leadership of the PRC
    [Show full text]
  • An Interview with Lenovo CEO Yang Yuanqing
    Contact Us 中文 Search ... Home About Careers Insights Blogs Podcasts Insights | Technology, Media and Telecom Subscribe Sign-up now to receive new insights and multimedia from McKinsey China, and receive a 154- page PDF of "China's next chapter", a special edition of McKinsey Quarterly. First name Thriving in a ‘PC-plus’ world: An Email interview with Lenovo CEO Yang SIGN-UP Yuanqing The Chinese computer maker—now among the world’s largest—expects mobile devices to supplement PCs, not replace them. Popular Recent June 2013 For its first two decades, Lenovo Group was largely unknown outside its native China. That all changed in 2005, when the company’s $1.75 Why are Chinese billion purchase of IBM’s personal-computer business,1 including the iconic developers ThinkPad line, catapulted Lenovo into the ranks of the world’s biggest investing outside personal-computer makers. Today, the Chinese company is among the China? world’s largest PC manufacturers and is aggressively pursuing fast-growing markets for tablet devices and smartphones. The China Urban Yang Yuanqing, who was in the fledgling company’s first wave of employees, Sustainability joined Lenovo as a salesman in 1989, just five years after it was founded. He Index 2013 rose rapidly through its ranks to head the personal-computer business in 1994, becoming chief executive officer when founder Liu Chuanzhi stepped The Secret down in 2001. He himself stepped down as CEO in 2005 and then served as To Catching chairman for four years. In 2009, Yang Yuanqing returned as CEO and Liu Your Flight Chuanzhi as chairman.
    [Show full text]
  • Mr LIU Chuanzhi Citation
    Doctor of Business Administration honoris cαusa Mr LIU Chuanzhi Citation When it comes to entrepreneurial stars, they has been willing to speak out when the occasion don’t come much brighter than Mr Liu Chuanzhi. arises. For him, there are five crucial elements to Mr Liu left his job at the Institute of Computing becoming an outstanding entrepreneur: be honest; Technology (ICT) under the Chinese Academy remain humble; broaden your vision through of Sciences in the mid-1980s to start his own travel; shoulder social responsibility; and build a company, and it was no easy task. Today, he is strong leading group. recognized globally as the Founder of Lenovo Group Limited, the largest maker of computers in The courage to be bold in word and deed showed the world, and as the mastermind behind parent itself at a young age. At Xidian University in the company Legend Holdings Corporation, one of 1960s, Mr Liu studied radar navigation and had his the largest and reputable investment holding first introduction to computing. In 1970, he gained companies in China with a diversified portfolio experience in mainframe computers at the Institute in information technology, financial services, of Computing Technology under the Chinese modern services, agriculture and food, internet and Academy of Sciences, laying the foundation before consumer innovations, angel investment, venture starting Lenovo. capital and private equ江y. As a scientist learning to be a businessman, Mr Liu In 1984, when Mr Liu and 10 fellow engineers experienced plenty of hiccups in getting to grips decided to found a computer company, he took a with market demand and corporate management.
    [Show full text]
  • List of 143 Chinese Invitees to the Nobel Peace Prize Award Ceremony
    Chinese Human Rights Defenders (CHRD) 维权网 Web: http://chrdnet.org/ Email: [email protected] Promoting human rights and empowering grassroots activism in China List of 143 Chinese invitees to the Nobel Peace Prize award ceremony As the restrictions facing these individuals is subject to rapid change in the days and hours before the Nobel Peace Prize award ceremony on December 10, please see our website, www.chrdnet.org, for the latest updates. 1. Ai Xiaoming (艾晓明), Guangzhou human rights activist and Sun Yat-sen University professor, under tight surveillance and restriction on movements 2. Bao Tong (鲍彤), former political secretary to CCP General Secretary Zhao Ziyang (赵 紫阳), under soft detention at home in Beijing 3. Cha Jianguo (查建国), Beijing democracy activist, under tight surveillance and restriction on movements 4. Che Hongnian (车宏年), Jinan human rights activist, under tight surveillance and restriction on movements 5. Chen Fengxiao (陈奉孝), Beijing author, under surveillance and restriction on movements, unable to leave the countryi 6. Chen Guangcheng (陈光诚), Shandong human rights defender, under soft detention at his home 7. Chen Kaige (陈凯歌), Beijing director, current situation unknown 8. Chen Mingxian (陈明先), wife of detained Sichuan democracy activist Liu Xianbin (刘 贤斌), under tight surveillance and restriction on movements, unable to leave the country 9. Chen Wei (陈卫), Sichuan human rights activist, under tight surveillance and restriction on movements , unable to leave the country 10. Chen Xi (陈西), Guizhou human rights activist, under tight surveillance and restriction on movements, unable to travel 11. Chen Yongmiao (陈永苗), Beijing internet writer, under surveillance and restriction on movements 12.
    [Show full text]
  • Charles Zhang
    In a little over 35 years China’s economy has been transformed Week in China from an inefficient backwater to the second largest in the world. If you want to understand how that happened, you need to understand the people who helped reshape the Chinese business landscape. china’s tycoons China’s Tycoons is a book about highly successful Chinese profiles of entrepreneurs. In 150 easy-to- digest profiles, we tell their stories: where they came from, how they started, the big break that earned them their first millions, and why they came to dominate their industries and make billions. These are tales of entrepreneurship, risk-taking and hard work that differ greatly from anything you’ll top business have read before. 150 leaders fourth Edition Week in China “THIS IS STILL THE ASIAN CENTURY AND CHINA IS STILL THE KEY PLAYER.” Peter Wong – Deputy Chairman and Chief Executive, Asia-Pacific, HSBC Does your bank really understand China Growth? With over 150 years of on-the-ground experience, HSBC has the depth of knowledge and expertise to help your business realise the opportunity. Tap into China’s potential at www.hsbc.com/rmb Issued by HSBC Holdings plc. Cyan 611469_6006571 HSBC 280.00 x 170.00 mm Magenta Yellow HSBC RMB Press Ads 280.00 x 170.00 mm Black xpath_unresolved Tom Fryer 16/06/2016 18:41 [email protected] ${Market} ${Revision Number} 0 Title Page.qxp_Layout 1 13/9/16 6:36 pm Page 1 china’s tycoons profiles of 150top business leaders fourth Edition Week in China 0 Welcome Note.FIN.qxp_Layout 1 13/9/16 3:10 pm Page 2 Week in China China’s Tycoons Foreword By Stuart Gulliver, Group Chief Executive, HSBC Holdings alking around the streets of Chengdu on a balmy evening in the mid-1980s, it quickly became apparent that the people of this city had an energy and drive Wthat jarred with the West’s perception of work and life in China.
    [Show full text]
  • 2018 China Green Companies Summit April 22-26
    2018 China Green Companies Summit April 22-26 Tianjin·Beijing/Shanghai+Hangzhou/Shenzhen About Us About the Summit The China Green Companies Summit (CGCS) is dedicated to promoting smart, long-term economic and social growth. Established in 2008, the annual Summit hosts over 1000 guests from China and abroad. Business leaders, political decision-makers, academic authorities, NGO representatives, and influential journalists gather each year on Earth Day (April 22) in the name of sustainable growth. The Green in China Green Companies Summit reflects a core mission of sustainable business across industries. The Summit gathers diverse industry leadership to brainstorm constructive solutions towards sustainable business and deep business to business collaboration. About the Organizer The China Entrepreneur Club (CEC) is the premier business leader platform in China. Established as a non-profit organization by 31 of China's most influential entrepreneurs, economists and diplomats in 2006, the CEC has become a hub for Chinese business leader exchange, cooperation, and international collaboration. The China Entrepreneur Club membership of 59 is led by Chairman Mr. Jack Ma (Executive Chairman, Alibaba Goup) and President Dr. Ma Weihua (Former President, China Merchants Bank). CEC members represent the first generation of modern Chinese entrepreneurs. Members and member companies are proud to represent commercial integrity and success. The 59 member companies generated total annual revenues equating to about 4.5 percent of the Chinese economy in 2016, collectively employing over one million persons. Previous Summit Speakers Jack Ma Ma Weihua Chairman, China Entrepreneur Club President, China Entrepreneur Club Executive Chairman, Alibaba Group Former President, China Merchants Bank Guo Guangchang Liu Yonghao Liu Donghua Vice President, China Entrepreneur Club Vice President, China Entrepreneur Club Founder and Vice President, Chairman, Fosun Group Chairman, China New Hope Group China Entrepreneur Club Vice Chairman, China Minsheng Banking Corp.
    [Show full text]
  • China and the Internet: a Question of Politics Or Management?
    Christopher R. Hughes China and the internet: a question of politics or management? Article (Accepted version) (Refereed) Original citation: Hughes, Christopher R. (2003) China and the internet: a question of politics or management? China quarterly, 175 . pp. 818-824. DOI: 10.1017/S0305741003000468 © 2003 The China Quarterly This version available at: http://eprints.lse.ac.uk/17525/ Available in LSE Research Online: March 2009 LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website. This document is the author’s final manuscript accepted version of the journal article, incorporating any revisions agreed during the peer review process. Some differences between this version and the published version may remain. You are advised to consult the publisher’s version if you wish to cite from it. CHINA AND THE INTERNET: A QUESTION OF POLITICS OR MANAGEMENT? Christopher R. Hughes As take up of the Internet in China rises towards the 50 million mark, speculation concerning the social and political impact of this new technology
    [Show full text]
  • China's Competitiveness: Case Study: Lenovo
    a report of the csis hills program on governance China’s Competitiveness Myth, Reality, and Lessons for the United States and Japan CASE STUDY: Lenovo January 2013 Authors Nathaniel Ahrens Yu Zhou CHARTING our future a report of the csis hills program on governance China’s Competitiveness Myth, Reality, and Lessons for the United States and Japan CASE STUDY: Lenovo January 2013 Authors Nathaniel Ahrens Yu Zhou CHARTING our future About CSIS—50th Anniversary Year For 50 years, the Center for Strategic and International Studies (CSIS) has developed solutions to the world’s greatest policy challenges. As we celebrate this milestone, CSIS scholars are develop- ing strategic insights and bipartisan policy solutions to help decisionmakers chart a course toward a better world. CSIS is a nonprofit organization headquartered in Washington, D.C. The Center’s 220 full- time staff and large network of affiliated scholars conduct research and analysis and develop policy initiatives that look into the future and anticipate change. Founded at the height of the Cold War by David M. Abshire and Admiral Arleigh Burke, CSIS was dedicated to finding ways to sustain American prominence and prosperity as a force for good in the world. Since 1962, CSIS has become one of the world’s preeminent international institutions focused on defense and security; regional stability; and transnational challenges ranging from en- ergy and climate to global health and economic integration. Former U.S. senator Sam Nunn has chaired the CSIS Board of Trustees since 1999. Former deputy secretary of defense John J. Hamre became the Center’s president and chief executive of- ficer in April 2000.
    [Show full text]
  • Our History and Corporate Structure
    THIS DOCUMENT IS IN DRAFT FORM, INCOMPLETE AND SUBJECT TO CHANGE AND THAT THE INFORMATION MUST BE READ IN CONJUNCTION WITH THE SECTION HEADED “WARNING” ON THE COVER OF THIS DOCUMENT. OUR HISTORY AND CORPORATE STRUCTURE OUR HISTORY With the approval of the CAS, the Institute of Computing Technology Chinese Academy of Sciences (中國科學院計算技術研究所), an academic establishment founded by the CAS in 1956 which specializes in comprehensive research on computer science and technology, funded the establishment of Chinese Academy of Sciences Computer Technology Research Institute New Technology Development Company (中國科學院計算技術研究所新技術發展公司), the predecessor of our Company, in the PRC in November 1984 as an enterprise owned by the whole people (全民所有制企業) with a registered capital of RMB1,300,000. With the approval of the Chinese Academy of Sciences High-tech Enterprises Bureau (中國科學院高技術企業局), the registered capital of the predecessor of our Company was reduced to RMB1,000,000 in June 1990, whose name was changed to Beijing Legend Computer New Technology Development Company (北京聯想計算機新技術發展公司) in April 1991. With the approval of the Chinese Academy of Sciences High-tech Advancement and Enterprises Bureau (中國科學 院高技術促進與企業局) and the Institute of Computing Technology Chinese Academy of Sciences, Beijing Legend Computer New Technology Development Company was renamed Legend Group Holdings Company (聯想集團控股公司) and its registered capital was increased to RMB100,000,000 in August 1998. In April 2000, Legend Group Holdings Company received the approval-in-principle from the Ministry of Finance of the PRC (中華人民共和國財政部) and the Ministry of Science and Technology of the PRC (中華人民共和國科學技術部) in relation to its reform into a limited liability company.
    [Show full text]
  • What's Driving One of China's Richest Men?
    10/4/13 Storyfinder: Search June 10, 2013 / U.S. Edition / Volume 167 / Number 8 What's Driving One of China's Richest Men? Wanda Group founder WANG JIANLIN wants to build a global real estate and entertainment empire—and elevate China's reputation in the process. Byline: DAVID WHITFORD; REPORTER ASSOCIATES: Zhang Dan; Doris Burke Page: 112 Words: 2583 Section: FORTUNE GLOBAL FORUM / WANDA Correction: Published in the July 1, 2013 issue: CORRECTIONS "What's Driving One of China's Richest Men?" (June 10) misidentified Deng Xiaoping as China's Premier. WANG JIANLIN, founder and chairman of closely held Wanda Group and one of the richest men in China, knows how to pack a visitor's itinerary. One day in April, he flies Hawk Koch, president of the Academy of Motion Picture Arts and Sciences, from Beijing to Dalian, a port city on the Yellow Sea, in his Gulfstream G550. Wang is launching an international film festival in Dalian, and he's hoping to co-brand it with the Oscars. He shows Koch the futuristic new waterfront convention center he built, the new five-star Hilton next door, and some of the many Wanda office buildings, retail complexes, and apartment towers he owns all over town—Monopoly tokens in a real estate empire that stretches from northeast China to the Himalayas, and Inner Mongolia to the South China Sea. That evening the men join Dalian party officials for a dozen-course dinner, and later still, when they finally get back to Beijing, Wang insists that everyone, including me, accompany him to a private club.
    [Show full text]