The UN General Assembly and the G20 in Pittsburgh marked a new era. At both meetings, President Hu Jintao presented China's climate policy and put it in a global context with a clear and much-needed message that global collaboration is necessary.

Over the last weeks trade has emerged as a major challenge in global climate negotiations. Countries like the US and France have started discussing ways to impose tax on imported products that have been made using a lot of CO2. Even though not explicit, it shows that China is one of their main targets.

This trend is dangerous and can easily result in protectionism and trade wars. It is therefore important to explore possible ways forward that link trade and reduced CO2 emissions in a way that they support each other. China has a great opportunity to turn this potential conflict into increased cooperation. Building on the collaboration message, China has an opportunity to present concrete suggestions for low-carbon development.

The biggest problem with the current discussion is probably not the possibility of a trade war in itself, even if that would be a serious problem, it is the fact that the current discussions have focused on conflicts and problems. What is needed instead is collaboration and focus on solutions.

The current approach of countries such as the US and France is based on two assumptions. First, that the focus should be on reducing emissions from the big polluting companies that are creating the problem. Second, that countries should try to reduce their own emissions as little as possible and get others to reduce as much as possible without collaboration. Both should be challenged, and the government and companies in China can play an important role here.

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To fulfill its target of reducing greenhouse gas (GHG) emission, China must change the mode of its economic growth, for which it has to adjust industrial structure, says an article in Shanghai Securities News. Excerpts:

Just days before the Copenhagen climate change conference, China announced that it would cut its carbon intensity per unit of GDP by 40-45 percent by 2020, taking 2005 as the base year. This commitment reflects China's high sense of responsibility in the fight against climate change.
But to achieve that target, China must change its economic growth model, for which it has to accelerate the pace of its industrial restructuring.

China's existing growth model lays emphasis on industrial development, especially heavy industries, and consumes a great deal of energy and resources. This mode of economic growth is apparently not sustainable.

To move toward to a sustainable, low-carbon economy, China has to sacrifice short-term interests for long-term benefits. In the short run, reducing GHG emissions and adjusting the industrial structure would have a negative impact on China's economic growth. But they will ultimately change China's development mode to a healthier one and ensure the quality and efficiency of economic growth in the future.

Therefore, to some extent, the objectives and directions of emission cuts and change in industrial structure are consistent.

To restructure its industry, China should first head for sectors that consume relatively low energy, and gradually change to an industrial structure in which tertiary sectors are dominant.

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We use the word 'Courselets' to refer, at first, to the online course modules now being supplied by educational publishing companies ready for online delivery through major Course Management Systems (CMS), such as WebCT or Blackboard. These modules are generally designed to accompany a textbook, following its chapter structure, and providing additional resources and quiz questions.

    Defined this way, Courselets are the latest manifestation of a trend, which began years ago in the publishing industry -- supplementing the traditional textbook with other instructional media, such as video, CD-ROMs, and, more recently, websites.

    But even though they are in one sense, merely the next step in an evolutionary process, Courselets also represent a radically different capability. Due to the emergence and rapid adoption of Course Management Systems in post-secondary education, Courselets have the potential to move beyond supplementation and into outright replacement. Once it is installed inside a CMS, a Courselet is a complete stand-alone instructional vehicle. Students can interact directly with these Courselets-in-a-CMS as their entire credit-bearing experience, with minimal, if any, faculty involvement.

    It is not inevitable that Courselets will lead education in this direction. More than ever before, however, the possibility exists for courses to be entirely commoditized and outsourced. Profit-making corporations would be the producers, educational institutions would be the middlemen, and students would truly be consumers.

 China sets goal for boosting tourism industry in next five years 
    China's State Council, or the Cabinet, posted guidelines promoting the development of tourism industry over the next five years on its website Thursday.

    As of 2015, domestic tourists are projected to top 3.3 billion with an annual average growth of 10 percent in the next five years, and outbound tourists will reach 83 million with an annual increase of 9 percent, said the guidelines.

    Tourism industry is expected to create around 500,000 new jobs annually, and its annual revenue will grow by 12 percent, the document said.

    The industry is to account for 4.5 percent of the country's gross domestic product (GDP) by 2015, it said.

    Government departments are required to lower market threshold and simplify approval procedures for tourism enterprises, supporting the development of small and medium-sized ones.

    The guidelines also encouraged local authorities to introduce overseas investment, opening the domestic tourism market to foreign companies.

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Turkey can play an important role in nudging Iran towards a resolution to its nuclear issue, U.S. President Barack Obama said Monday after meeting with Turkish Prime Minister Recep Tayyip Erdogan.

    Obama said the resolution should allow Iran "to pursue peaceful nuclear energy, but provides assurances that it will abide by international rules and norms."

    "I believe that Turkey can be an important player in trying to move Iran in that direction," Obama said.

    Erdogan, who showed alongside Obama in a brief appearance, said his government would back a peaceful resolution to the issue.

    Turkey, a NATO member, has defended Iran's nuclear program before. Erdogan has decried "arrogant" sanctions imposed on Iran, and said countries opposed to its atomic program should forsake their own nuclear arms.

    Iran has said its nuclear program is meant for peaceful purpose, but the United States and other Western powers are skeptic.

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China's exports fell at a much slower pace in November, the smallest decline this year as recoveries in the US and Europe helped revive demand, according to statistics released by the Customs department on Friday.

Exports fell by merely 1.2 percent last month to $113.65 billion over the same period last year, compared with the 13.8 percent decline in October.

Imports also rebounded strongly, rising 26.7 percent over the same month last year to $94.56 billion, compared with the 6.4 percent decline in October. The nation's trade also climbed 9.8 percent from a year earlier.

"There has been considerable improvement, but it is still below forecasts," said Denise Yam, economist with Morgan Stanley Asia.

"The stronger performance (of exports and imports) has been due to the growing demand from overseas, and the low reference point of last year," said Dong Xian'an, chief economist with Shanghai-based Industrial Securities.

In November 2008, the nation recorded its first year-on-year decline in exports and imports, largely due to the global financial crisis.

In the third quarter of this year, the US economy registered its first year-on-year growth since late 2008. The latest figures also show that the eurozone economy has grown by 0.4 percent from July to September, a signal that the regions are finally shrugging off the recession blues.

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China's imports and exportsrose 9.8 percent in November year on year, ending a 12-month decline, to stand at $208.2 billion, the General Administration of Customs announced Friday.

The trade surplus was $177.96 billion in the January-November period, down 30.6 percent from a year earlier.
Exports stood at $113.65 billion in November, down 1.2 percent from a year earlier, but were up 2.6 percent from October for the fifth consecutive monthly increase.

Imports rose 26.7 percent in November to $94.6 billion.

From January to November, the country's imports and exports totaled $1.96 trillion, down 17.5 percent compared with the corresponding period last year.

Imports for the first 11 months were $893.02 billion, down 15.8 percent year on year; exports dropped 18.8 percent to $1.07 trillion.

The EU remained China's biggest trading partner, though bilateral trade declined 17 percent to $326.27 billion in value in the first 11 months; the United States was second with trade at $266.54 billion, down 13.4 percent; Japan followed with trade down 17.4 percent to $203.33 billion.

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There¡¯s nothing like international trade to help bridge the nation¡¯s ideological divide. As Barack Obama and Hillary Clinton travel the Rust Belt, the Democratic candidates seem to be eschewing the advice of their economic advisers and turning to Karl Rove's playbook.

It was Mr. Rove who urged Dick Cheney in 2000 to forget the free trade spiel and promise voters in West Virginia that a Bush administration would protect American steel from cheap imports. ¡°If our trading partnersviolate our trade laws, we will respond swiftly and firmly,¡± Mr. Cheney thundered.

Those words seem to echo in Mr. Obama's attacks against ¡°unfair¡± trade deals ¡ª including Nafta, Cafta and President Bill Clinton's decision to establish regular trade relations with China. Mrs. Clinton seems to draw inspiration as well, railing to the Pennsylvania A.F.L.-C.I.O. against alleged dumping of Chinese steel: ¡°When I¡¯m President, China will be a trade partner not a trade master,¡± she said.

Such pandering may play on the stump, especially in Pennsylvania, where workers fear for their jobs as the country's manufacturing base shrinks. Mr. Bush won West Virginia, only the fourth Republican to do so since 1932. Still, whoever wins in November would be foolish to choose protectionism.

Democrats need to tell voters the truth: First, trade is good for the economy, providing cheap imports and markets forexports, spurring productivity and raising living standards. And second, while trade can drive down some wages and displace some jobs, Democrats have real ideas to help workers cope. Mrs. Clinton and Mr. Obama should base their approach on these ideas. They would not only make sound policy, they would also provide a competitive advantage over John McCain.

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            Machinery orders in Japan increase by 3.2% in October 

    Machinery orders in Japan posted a month-on-month rise of 3.2 percent in October, according to data released by the cabinet office on Thursday.

    Within Japan, however, machinery orders in the private sector, excluding volatile orders, fell by 4.5 percent, to 704.5 billion yen (8 billion U.S. dollars). It is the first decline in machinery orders since July.

    Machinery orders are a key indicator of future activity in the economy, and the private sector figures indicate that capital spending will likely be low in six months time.

    In the manufacturing sector, machinery orders rose by 25.4 percent, while in nonmanufacturing, they fell by 17.3 percent.

    Machinery orders from overseas rose by 15.3 percent, after growing by 25.9 percent in September.

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At the end of 2008, the financial crisis swept down America Suddenly and overwhelmingly. America is the biggest finance country in the world. So,Soon it affected the others countries, and finally, it became a global financial crisis.

So far, the financial crisis has deeply affected the whole world, Its influence becomes more and more obvious and it is getting worse and  worse, it has brought a very heavy loss to our world, especially to America. It not only affected the business of enterprises but also the development of countries.

It also affected China, in business, many banks¡¢companies¡¢factories had to be closed and it caused many people lose their jobs . Experts said:¡± The financial crisis will last for more than two years¡±, it means many countries will stop developing or developing slower than before, even going back. But there are also many different opinions, Some people think that it wasn¡¯t a long time since China joined in the WTO , so China has more advantages in the overseas market ,With nearly thirty years¡¯ development , our people are already independent . and Most of the factors affected in China are almost overseas factors , so it didn¡¯t affect China deeply , and maybe it will be a good chance for china to catch up with other developed countries such as America, Britain and so on.

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