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| Governor Zhou Xiaochuan of the People’s Bank of China at the NPC press conference on macroeconomic regulation and control in Beijing, March 6, 2010. |
China opposes politicizing monetary issues, said central bank governor Zhou Xiaochuan Saturday.
Zhou made the comment when answering a question about the accusation that China manipulates the yuan’s exchange rate at a press conference on the sidelines of the annual session of the National People’s Congress (NPC), the country’s top legislature.
An animal keeper was bitten to death by a hungry tiger at Shanghai Zoo this morning.
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| An animal keeper was bitten to death by a hungry tiger at Shanghai Zoo this morning. An investigation is undergone. |
The 53-year-old victim surnamed Li was about to clean the tiger cage and feed the animal at about 8:15am when the bengal tiger inside suddenly jumped out and bit him in the neck, witnesses said.
The tiger dragged Li around inside the cage as more than 10 shocked tourists watching. Though waiving his arm for help for several times, the victim was soon unable to move and finally laid on the ground, with all the clothes ragged by the tiger.
Li was pronounced dead at the time ambulances arrived at about 8:30am.
“Zoo staff said that the tiger didn’t have anything to eat the whole day yesterday, it must have been starving,” said one of the witnesses.
A team of police officers, zoo managers and animal experts have started to probe into cause of the deadly mishap.
Posted: March 7th, 2010
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MAIN REVENUE ITEMS PROVIDED FOR IN THE CENTRAL BUDGET
– Revenue from domestic VAT will amount to 1.535 trillion yuan, an increase of 143.401 billion yuan or 10.3 percent.
– Revenue from domestic sales tax will amount to 524.1 billion yuan, an increase of 48.188 billion yuan or 10.1 percent.
– Revenue from customs duties together with revenue from VAT and sales taxes on imports will amount to 965 billion yuan, an increase of 43.728 billion yuan or 4.7 percent.
– Revenue from corporate income tax will amount to 806.1 billion yuan, an increase of 44.218 billion yuan, up 5.8 percent.
– Revenue from personal income tax will amount to 254.2 billion yuan, an increase
Posted: March 7th, 2010
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Expenditures in the central budget will reach 4.666 trillion yuan, an increase of 275.886 billion yuan or 6.3 percent.
– Expenditures in the central budget will exceed revenue, resulting in a deficit of 850 billion yuan, an increase of 100 billion yuan.
– Local government revenue will amount to 3.587 trillion yuan, up 10.1 percent.
– Local government expenditures will exceed revenue by 200 billion yuan.
– The national budget deficit is estimated at 2.8 percent of GDP in 2010, basically the same as last year.
Posted: March 7th, 2010
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Hu said efforts should be made to cultivate new pillar industries and industries with features and advantages, and achieve the coordinated development of the first, second and third industries. The country needs to develop more core and key technologies to support its transformation of the economic growth pattern and the economic restructuring, Hu told the lawmakers. He called for the establishment of a market-oriented technological innovation system, in which enterprises play the leading role and which combines the efforts of enterprises, learning and research institutes. He said higher education and research institutes should play a more important role in scientific and technological innovation. The President also stressed the coordination of industrialization, urbanization, and agricultural modernization, so that the agricultural sector could be boosted by the industrial sector, while the rural areas could benefit from the urban areas. He said authorities should facilitate balanced allocation of public resources and the free flow of production factors between urban and rural areas. Hu pointed out that China is currently facing both opportunities and challenges at the same time, but the opportunities outweigh challenges.
Posted: March 7th, 2010
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BALANCED, COORDINATED AND SUSTAINABLE DEVELOPMENT When joining NPC deputies from the eastern province of Jiangsu in a panel discussion on Premier Wen’s report, President Hu called for efforts toward balanced, coordinated and sustainable development in the transformation of its economic growth pattern. Hu said efforts should be made to cultivate new pillar industries and industries with features and advantages, and achieve the coordinated development of the first, second and third industries. The country needs to develop more core and key technologies to support its transformation of the economic growth pattern and the economic restructuring, Hu told the lawmakers. He called for the establishment of a market-oriented technological innovation system, in which enterprises play the leading role and which combines the efforts of enterprises, learning and research institutes.
With traditional cigarettes, the smoker is forced to inhale thousands of unwanted chemicals (over 3900) and carcinogens along with the nicotine. What is an electronic cigarette? They’re a revolutionary new nicotine delivery system that provides a smarter alternative to traditional cigarette smoking. Electronic cigarettes deliver only the nicotine, they contain mainly water, nicotine and propylene glycol (a common additive in food coloring and cake mixes).
Tobacco smokers are choosing this smarter smoking alternative at an unbelievable rate. Taking a stroll down any city street or being part of any social gathering and your bound to see users of this hugely popular device.
Electronic cigarettes offer consumers to switch over from traditional cigarettes to an e cigarette or commonly known as the Electronic Cigarette.
Green Smoke™ offers quality Electronic cigarettes with disposable cartridges that produce the highest smoke volume in the industry. With a variety of flavors and nicotine levels, Green Smoke’s™ patented technology offers convenience and performance that is unmatched. Green Smoke™ products have been independently tested for safety. For more information, see our certifications. Green Smoking™ is your best alternative to tobacco cigarettes.
The initial investment for the electronic cigarette starter kit starts at $109 which includes 5 cartridges is a rough bump in the pocket at first. But luckily that is a one time fee. Purchase the electronic cigarette once and buy electronic cigarette cartridges on a need to smoke basis. The cost of cartridges is extremely low when comparing them to the extremely high price of cigarettes. The electronic cigarette cartridges cost $14.75 for a pack of 5 cartridges, you can smoke as much as you would get in five or six full packs of tobacco cigarettes.
They came to the U.S. a few years ago, but the last year has seen some exponential growth as more smokers make the switch to this exciting new alternative.
GAINESVILLE, Fla., March 4 /PRNewswire/ — The electronic cigarette is still making headlines across the U.S. as the industry continues to grow at almost unbelievable rates considering the economic downturn the U.S. is currently under. This brings quite a few questions to the forefront as to why this product has become so popular over the last year.
Tax burdens may be one strong indicator as to why the popularity of the electronic cigarette continues to grow. Since the e cigarette has no known adverse health effects to date, it is not easily taxed at the current sin tax rates that are imposed on smokers for the use of tobacco cigarettes, and with the political climate of spending and taxing in these political times, it may be a way for smokers to ease the tax burden placed on them, therefore saving the smoker much needed cash.
This makes perfect sense considering that the taxes that tobacco cigarette taxes were supposed to be used for are not used in that manner, and smokers may feel like they are being taken advantage of by federal, state and local governments to fund other projects that were not intended to get these tobacco revenues.
Calculating the actual cost of electronic cigarette use by the smoker shows another advantage. Some are making claims that the use of the e-cigarette cuts a smoker’s monthly bill down by 50% or more in relation to cost of tobacco cigarettes.
Most believe the major and strongest factor is a superior product when compared to traditional tobacco cigarettes. The e cigarette has 4,000 less chemicals when used than tobacco cigarettes and smokers across the U.S. and the world are opting to continue smoking without all of the toxins that cigarettes produce and put into the body.
A U.S. Court of Appeals ruling reinstates the FDA’s authority — at least temporarily — to stop e-cigarettes from entering the country after a lower court ruled that the agency does not have the authority to regulate electronic cigarettes, even though Congress granted the agency the power to regulate tobacco products in 2009.
The FDA filed the appeal (15-page PDF; About PDFs) after a U.S. District Court judge granted an injunction (2-page PDF; About PDFs) on Jan. 14 that blocked the FDA from stopping electronic cigarettes from entering the country. The appeals court granted a stay (1-page PDF; About PDFs) of the district court’s injunction, pending an appeal. The stay reinstates the FDA’s authority.
District Court Judge Richard Leon said in the Jan. 14 ruling that the Family Smoking Prevention and Tobacco Control Act passed last year does give the agency the authority to regulate “any product made or derived from tobacco that is intended for human consumption.” That could include e-cigarettes, which contain nicotine extracted from tobacco.
FDA officials, however, say they would prefer to regulate e-cigarettes as drug delivery devices rather than as tobacco products because treating e-cigarettes as the former would give the agency far broader control, including the ability to block importation of the devices and their components.
The agency said in its appeal that it has regulated nicotine products, including nicotine patches, for years under the drug and device provisions of the Food, Drug and Cosmetic Act, or FDCA. The agency argued that tobacco legislation enacted last year “expressly excludes from the definition of ‘tobacco product’ any article that is a drug, device or combination product under the FDCA, and provides that such articles shall be subject to regulation under the pre-existing FDCA provisions.”
An agency spokesperson declined to comment on the case, which is ongoing.
According to court records, the dispute between the FDA and e-cigarette distributors started in September 2008 — before the tobacco legislation passed — when the agency put a hold on two shipments of e-cigarettes at Los Angeles International Airport. A month later, FDA officials issued notices of detention on the grounds that shipments belonging to Smoking Everywhere Inc. — one of the companies that later sued the FDA — appeared to be “adulterated, misbranded or otherwise in violation” of the FDCA.
In July 2009, the FDA issued a warning about e-cigarettes to consumers and physicians after the Division of Pharmaceutical Analysis in the agency’s Center for Drug Evaluation and Research said samples from the products had detectable levels of known carcinogens and toxic chemicals.
Manufacturers have touted the smokeless products, which are battery-operated devices that turn nicotine and other chemicals into a vapor that is inhaled by the user, as safer than conventional cigarettes. However, public health officials have countered that the products have not been adequately tested and should not be marketed to young people
