New Destinations of an Old Highway

New Destinations of an Old Highway

Xinmin Weekly Issue No. 11， 2019

The national highway G60 originates in Shanghai， and runs across the hinterland of Zhejiang Province. Now， G60 refers to a science and technology innovation corridor from Shanghai to nine surrounding cities， and the integrated development in the Yangtze River Delta has also been elevated to the level of national strategy.

Recently， a symposium titled Concentrating Efforts to Promote High-Quality Development of the Manufacturing Industry along the G60 Innovation Corridor held in Songjiang， Shanghai， showed that the G60 Highway has transcended the function of transportation， and has become the “golden corridor” to promote the development of Chinas manufacturing industry and the national strategy of promoting the integration of the Yangtze River Delta. Twin cities and well-known enterprises are competing to join the “G60 Family，” regarding it as a fast lane for their development. Advanced technologies and talents at home and abroad have gathered in G60 cities， which has boosted appeal of and confidence in this area.

Beautiful Countryside， Better Life

Minsheng Weekly Issue No. 7， 2019

The 2018 Document No. 1 of the central authorities， the first policy statement released by the central authorities each year， was about on the revitalization of the countryside， and ushered in unprecedented opportunities for rural development. In February of the same year， the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the “Three-year Action Plan for Rural Human Settlement Environment Renovation，” which set goals for the improvement of rural environment.

A beautiful environment is the necessity of a good life. Basic living facilities will be improved in the countryside in the fields of water and electricity supply， greener environment， housing safety， and sewage treatment. Good living habits such as garbage classification will be promoted， and services such as cultural education， childcare， old-age care， medical and health care will be provided. Renovation of the rural environment will provide basic conditions for a happy life in the countryside.

Zhejiang Province rolled out the“Thousand Villages Demonstration and Renovation” project， which has set a benchmark for carrying out the renovation of rural human settlements throughout the country. Rural communities will be reworked to allow a dignified modern life without losing traditions and local cultures. The charm of the countryside will be stronger， and life in the countryside in the future will be better.

Where to Live Out Retirement

Insight China Issue No. 9， 2019

China is currently the only country in the world with an elderly population exceeding 200 million. By the end of 2018， the population aged 60 and over in China had reached 249.49 million， accounting for 17.9 percent of the total population. Among them， 166.58 million aged 65 and over， accounting for 11.9 percent of the total population. It is expected that by 2020， the population of the elderly aged over 60 will increase to about 255 million， and the elderly living alone and empty-nested elderly people will increase to about 118 million.

In the traditional concept of old-age care， having lots of children and grandchildren， being able to have access to hospital treatment when sick is a strong desire and wish of most elderly people. But in an aging society with families having only one child， the traditional familybased old-age care is encountering enormous challenges， while elderly care institutions are deterred by such problems as the shortage of professional nursing personnel， the general low level of service， and the lack of beds. Searching for reliable institutions has become a major problem for the elderly and their children.

Journalists interviewed elders in home-based， communitybased， institutional， and migratory care in Beijing， Guangzhou， Hainan， and other places， and invited experts to give analysis， endeavoring to find out the best solution to the problem of Chinese old-age care.

Staying True to the Course Charted for Innovation

China Economic Weekly Issue No. 6， 2019

On the evening of March 22， the Shanghai Stock Exchange disclosed the list of the first nine companies accepted into the Science and Technology Innovation Board. On March 27， the Shanghai Stock Exchange disclosed the list of the second batch of eight companies to join the aforementioned board. The moves indicated that the board of sci & tech start-ups and the pilot registration system reform in the Shanghai Stock Exchange had taken a step forward in practice. Under the background that the top-level decision makers have emphasized “core technologies for key fields” repeatedly， the preparatory work of the Science and Technology Innovation Board has advanced rapidly.

President Xi Jinping stressed that core technologies for key fields are of great significance to promoting highquality economic development and safeguarding national security. We must effectively improve our innovation capacity for these technologies， firmly grasp the initiative of scientific and technological development in our own hands， and provide strong scientific and technological guarantees for our countrys development.

In order to master core technologies in high-tech industries and strategic emerging industries， we are faced with such problems as long R&D cycles， high R&D investment， high risk of failure， and difficulties in commercial application of R&D results. It is precisely in order to provide solutions to these problems that the Shanghai Stock Exchange has set up a Science and Technology Innovation Board and pilot registration system.