The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the ...The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.展开更多
Developing the Changjiang(Yangtze) River and building a developed economic zone along the bank area of the Chanajiang River is a great strategic decision of the national macroeconomic development distribution. This de...Developing the Changjiang(Yangtze) River and building a developed economic zone along the bank area of the Chanajiang River is a great strategic decision of the national macroeconomic development distribution. This decision has both given an impetus to fast development of the regional economy and exacerbated the contradiction among economy and resources and environment. In this paper, some major problems ekisting in economic sustainable development, such as scattered industrial structure, duplicated construction of the great projects, enlarging the development gap of the regional economy and deteriorated environment etc., have been studied. The results show that scattered structure and duplicated distribution of some key industries and projects, especially automobile, electronics and petrochemical industry and communication, power installations, is one of the reasons for low industrial economic benefit; the great development gap among upper, middle and lower reaches areas are enlarging since the 1990’ s; soil erosion, nood disaster and environmental pollution are still exacerliating due to unreasonable over-development. Based on the above analysis, this paper brings out some countermeasures and proposals for increasing the ability of regional sustainable development, including transregional reorganization of industrial structure linking by assets and speeding the process of regional economy integration; gradually controlling and reducing the development gap arnong upper, middle and lower reaches areas through regional cooperation on a mutually beneficial basis; as well as strengthening ecological construction and environmental protection and increasing environmental bearing capacity etc.展开更多
The world trade situation is still changing and complicated,as a wave of trade protectionism surges and regional political risks increase.Such situations have added a lot of uncertainties to the world trade and econom...The world trade situation is still changing and complicated,as a wave of trade protectionism surges and regional political risks increase.Such situations have added a lot of uncertainties to the world trade and economy.How will the bank i’ndustry behave to promote globalization and the development of world trade and support world economic opening-up through the advancement of Belt and Road Initiative?展开更多
There is high pressure for investment capital and financial services for agricultural activities necessary for poverty reduction,economic growth,sustainable development and food security.This study investigated the lo...There is high pressure for investment capital and financial services for agricultural activities necessary for poverty reduction,economic growth,sustainable development and food security.This study investigated the long-term causation between banking sector development and agricultural productivity in the six Central African Economic and Monetary Community(CEMAC)states from 1990 to 2018,hypothesizing no causation between banking sector and agriculture output.With the autoregressive distributed lag(ARDL)model and vector error correction model(VECM),the study demonstrates that banking sector and agricultural productivity in the CEMAC region are related.It implies long-run relationship exists between banking sector and agricultural productivity in the CEMAC zone.The results reveal that bidirectional causality exists between banking sector and agricultural productivity in the CEMAC region.This is insinuating that in the CEMAC region,agricultural productivity and banking sector development are operating in mutualism.The findings indicate the reason to establish the banking sector using proper macroeconomic,legal and regulatory policies to boost agricultural productivity by creating incentive systems that channel more credit to agricultural investment and promoting the banking system.展开更多
The Bank of China has achieved steadyand considerable development invarious overseas businesses,hasexpanded,and has enhanced its overall strengthand made a tremendous contribution to thedevelopment of the State’s eco...The Bank of China has achieved steadyand considerable development invarious overseas businesses,hasexpanded,and has enhanced its overall strengthand made a tremendous contribution to thedevelopment of the State’s economicconstruction and foreign trade.At present,the Bank of China has 519 overseas agencies,distributed in 19 countries and regions.As ofthe end of June 1995,the total assets value inoverseas branches had surpassed US$ 150billion.This information was revealed byWang Xuebing,the Chairman of the展开更多
Under the background of counter economic globalization,the Group of Twenty(G20)has become the primary platform for the east and west powers to seek consultation and dialogue.And the coordination mechanism of the new g...Under the background of counter economic globalization,the Group of Twenty(G20)has become the primary platform for the east and west powers to seek consultation and dialogue.And the coordination mechanism of the new global powers has come into being slowly.As a multilateral regional bank,the BRICsBank takes the interests of developing countries as the leading factor.Based on international economic cooperation ground,it will broaden the South-South cooperation to create more convenient conditions for foreign direct investment,as well as bilateral and multilateral financial cooperation.From new power coordination perspective,with global economy governance structure transformation as the starting point,this research accurately defines the concept of coordination mechanism,systematically analyzes the evolution of global economic governance structure,intensively interprets the current characteristics of big power coordination mode in global economic governance structure,and objective assesses trends of global political and economic pattern.It is of important policy reference implications for the BRICS member countries to effectively promote the BRICs Bank institutionalization and global governance of new power coordination nature.展开更多
At the beginning of this paper,the development process of intermediate business of commercial Banks in China was introduced.Taking bank H as the research object,the annual report data of bank H in the past 8 years(201...At the beginning of this paper,the development process of intermediate business of commercial Banks in China was introduced.Taking bank H as the research object,the annual report data of bank H in the past 8 years(2010-2017)were collected as the basic data.First,it analyzes the growth rate and trend of the development of intermediary business of bank H,finds out the problems existing in the development of intermediary business of bank H and explores the reasons for the problems.Then,PEST analysis method and porter's five forces model are respectively applied to analyze the development environment of intermediate business of bank H.Finally,based on the above analysis,the author proposes substantial and individual solutions to the existing problems,such as channel extension strategy,market segmentation strategy and market independent pricing strategy.展开更多
In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China's State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural b...In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China's State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural banks. The most pressing issue is the sustainability of targeting deviate due to restraints, shortage of funds, and loan risks. In order to effectively address these issues, this paper presents some solutions展开更多
The Qingdao Rubber Group Company has completed its technical renovation project on 300,000 sets of allsteel heavy-duty meridian tyres with a loan provided by the Asian Development Bank (ADB), After the renovation, its...The Qingdao Rubber Group Company has completed its technical renovation project on 300,000 sets of allsteel heavy-duty meridian tyres with a loan provided by the Asian Development Bank (ADB), After the renovation, its products have earned the standard certificate DOT from the United States and the ECE certificate from Europe, and entered the world market, Now the tyres are not only selling well in Third World countries, but also failing to keep up with demand in Britain, the United States, Europe and Australia, and other countries and regions.展开更多
When we consider the factors affecting the stock market,we often consider the impact of macroeconomic factors on it.On the basis of the academic achievements of predecessor scholars on macroscopic factors affecting th...When we consider the factors affecting the stock market,we often consider the impact of macroeconomic factors on it.On the basis of the academic achievements of predecessor scholars on macroscopic factors affecting the overall stocks,this article selects six macroeconomic influencing factors:money supply,USDCNY exchange rate,GDP,national fiscal revenue,price index and interest rate,and uses PAC regression analysis method to construct a regression model.Analyze the influencing factors of Shanghai Pudong Development Bank stock;then conduct heteroscedasticity,autocorrelation,and multicollinearity tests to modify and adjust the regression model;finally,make relevant recommendations based on the analysis results.展开更多
Since the establishment of the reserve against deposit system in China, theorists have different views about it. After analyzing some of those views, this essay proposes that presently, it is inappropriate to cancel t...Since the establishment of the reserve against deposit system in China, theorists have different views about it. After analyzing some of those views, this essay proposes that presently, it is inappropriate to cancel that system, and the rate of the required reserve should be reduced instead of being removed. With the analysis, the author points out the defects of that system, and makes a further study of that system's influence on the sustainable development of the commercial banks in China. In the last part, from several aspects, namely, the institutional environment, the rate of required reserve, the structure, and the mode of calculating and drawing money, the author offers some suggestions for the perfection of China's reserve against deposit system, and the acceleration of the sustainable development of commercial banks.展开更多
These five recommendations cover the most critical aspects of infrastructure development:an attractive pipeline of projects,diversity of financial instruments and a conducive regulatory environment,the role of multila...These five recommendations cover the most critical aspects of infrastructure development:an attractive pipeline of projects,diversity of financial instruments and a conducive regulatory environment,the role of multilateral development institutions,as well as the management of project life-cycle pro-展开更多
For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political ri...For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political risk and regulatory risk.These展开更多
The Second Circular Baotou/China August 7~11, 2007 Organized by The Chinese Society of Rare Earths (CSRE) Baotou National Rare-Earth Hi-Tech Industrial Development Zone Honorary Chairman: Xu Kuangdi, President, the C...The Second Circular Baotou/China August 7~11, 2007 Organized by The Chinese Society of Rare Earths (CSRE) Baotou National Rare-Earth Hi-Tech Industrial Development Zone Honorary Chairman: Xu Kuangdi, President, the Chinese Academy of Engineering Chairman: Gan Yong, President, General Institute of Iron & Steel; Chairman of CSRE Vice Chairmen: Zhou Chuandian, Xu Guangxian, Li Dongying, Lin Donglu, Tu Hailing, Yang Jianlin, Li Bingrong International Scientific Advisory Board: Gi-Ya Adachi(Japan), J.C.G. Bünzli(Switzerland), Patrick Burk (USA), Przemyslaw Deren(Poland),Philippe Goldner(France), K. A. Gschneider(USA), Huang Boyun(China), Dariusz Kaczorowski (Poland), Nogami Masayuki(Japan), Ni Jiazuan(China), Wieslaw Strek(Poland),Su Qiang(China), Alessandro Trovarelli(Italy), Wang Zhenxi(China), Yang Yingchang (China), Zhang Guocheng (China)展开更多
Aims: This study aims at designing and implementing syllabus-oriented question-bank system that is capable of producing paper-based exams with multiple forms along with answer keys. The developed software tool is nam...Aims: This study aims at designing and implementing syllabus-oriented question-bank system that is capable of producing paper-based exams with multiple forms along with answer keys. The developed software tool is named Χ(Chi)-Pro Milestone and supports four types of questions, namely: Multiple-choice, True/False, Short-Answer and Free-Response Essay questions. The study is motivated by the fact that student number in schools and universities is continuously growing at high, non-linear, and uncontrolled rates. This growth, however, is not accompanied by an equivalent growth of educational resources (mainly: instructors, classrooms, and labs). A direct result of this situation is having relatively large number of students in each classroom. It is observed that providing and using online-examining systems could be intractable and expensive. As an alternative, paper-based exams can be used. One main issue is that manually produced paper-based exams are of low quality because of some human factors such as instability and relatively narrow range of topics [1]. Further, it is observed that instructors usually need to spend a lot of time and energy in composing paper-based exams with multiple forms. Therefore, the use of computers for automatic production of paper-based exams from question banks is becoming more and more important. Methodology: The design and evaluation of X-Pro Milestone are done by considering a basic set of design principles that are based on a list of identified Functional and Non-Functional Requirements. Deriving those requirements is made possible by developing X-Pro Milestone using the Iterative and Incremental model from software engineering domain. Results: We demonstrate that X-Pro Milestone has a number of excellent characteristics compared to the exam-preparation and question banks tools available in market. Some of these characteristics are: ease of use and operation, user-friendly interface and good usability, high security and protection of the question bank-items, high stability, and reliability. Further, X-Pro Milestone makes initiating, maintaining and archiving Question-Banks and produced exams possible. Putting X-Pro Milestone into real use has showed that X-Pro Milestone is easy to be learned and effectively used. We demonstrate that X-Pro Milestone is a cost-effective alternative to online examining systems with more and richer features and with low infrastructure requirements.展开更多
The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was es...The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much展开更多
The Administrative Board of theLianyungang Development Zone isan executive administrative organimplementing unified leadership andmanagement over the development zone onbehalf of the Lianyungang People’sgovernment. A...The Administrative Board of theLianyungang Development Zone isan executive administrative organimplementing unified leadership andmanagement over the development zone onbehalf of the Lianyungang People’sgovernment. According to the State’s lawsand regulations, the administrative board isresponsible for construction planning for thedevelopment zone, the execution of economicdevelopment programmes, the approval ofinvestment projects worth RMB30 millionor less, land use and building design, boostingpublic welfare in education, culture andsanitation, public security in the zone, andprotecting the legal rights of the展开更多
Since 1992, China has put in practice a strategy for the overall coordination of national efforts in the four aspects of population, resources, the environment and development, and achieved substantial progress both i...Since 1992, China has put in practice a strategy for the overall coordination of national efforts in the four aspects of population, resources, the environment and development, and achieved substantial progress both in economic and social progress.China's strategy to nurture sustainable development is focused on the capacity building of sustainability and its main efforts are in the following six realms: governmental regulation, living security, human resources, eco-environmental conservation, social development and S&T innovation. The strategy has been successful.展开更多
文摘The United States passed the Better Utilization of Investment Leading to Development(BUILD Act),as a counterweight to China’s overseas development activities.Under the Act,the US established a new federal agency,the U.S.International Development Finance Corporation(DFC),to enhance U.S.development financing capabilities.To better understand the impact of the DFC on China’s development finance,this article analyzes the DFC’s purpose,functions,structure,and funding.Then it focuses on the purpose of establishing the DFC,providing a preliminary analysis of the potential motivation for its establishment.It also compares the China Development Bank(CDB)and the DFC based on their focused sectors.Finally,through an in-depth analysis of financial frictions in China-U.S.relations,this article argues that the DFC competes with China’s overseas development financing activities in the context of broader strategic competition between China and the U.S.
文摘Developing the Changjiang(Yangtze) River and building a developed economic zone along the bank area of the Chanajiang River is a great strategic decision of the national macroeconomic development distribution. This decision has both given an impetus to fast development of the regional economy and exacerbated the contradiction among economy and resources and environment. In this paper, some major problems ekisting in economic sustainable development, such as scattered industrial structure, duplicated construction of the great projects, enlarging the development gap of the regional economy and deteriorated environment etc., have been studied. The results show that scattered structure and duplicated distribution of some key industries and projects, especially automobile, electronics and petrochemical industry and communication, power installations, is one of the reasons for low industrial economic benefit; the great development gap among upper, middle and lower reaches areas are enlarging since the 1990’ s; soil erosion, nood disaster and environmental pollution are still exacerliating due to unreasonable over-development. Based on the above analysis, this paper brings out some countermeasures and proposals for increasing the ability of regional sustainable development, including transregional reorganization of industrial structure linking by assets and speeding the process of regional economy integration; gradually controlling and reducing the development gap arnong upper, middle and lower reaches areas through regional cooperation on a mutually beneficial basis; as well as strengthening ecological construction and environmental protection and increasing environmental bearing capacity etc.
文摘The world trade situation is still changing and complicated,as a wave of trade protectionism surges and regional political risks increase.Such situations have added a lot of uncertainties to the world trade and economy.How will the bank i’ndustry behave to promote globalization and the development of world trade and support world economic opening-up through the advancement of Belt and Road Initiative?
文摘There is high pressure for investment capital and financial services for agricultural activities necessary for poverty reduction,economic growth,sustainable development and food security.This study investigated the long-term causation between banking sector development and agricultural productivity in the six Central African Economic and Monetary Community(CEMAC)states from 1990 to 2018,hypothesizing no causation between banking sector and agriculture output.With the autoregressive distributed lag(ARDL)model and vector error correction model(VECM),the study demonstrates that banking sector and agricultural productivity in the CEMAC region are related.It implies long-run relationship exists between banking sector and agricultural productivity in the CEMAC zone.The results reveal that bidirectional causality exists between banking sector and agricultural productivity in the CEMAC region.This is insinuating that in the CEMAC region,agricultural productivity and banking sector development are operating in mutualism.The findings indicate the reason to establish the banking sector using proper macroeconomic,legal and regulatory policies to boost agricultural productivity by creating incentive systems that channel more credit to agricultural investment and promoting the banking system.
文摘The Bank of China has achieved steadyand considerable development invarious overseas businesses,hasexpanded,and has enhanced its overall strengthand made a tremendous contribution to thedevelopment of the State’s economicconstruction and foreign trade.At present,the Bank of China has 519 overseas agencies,distributed in 19 countries and regions.As ofthe end of June 1995,the total assets value inoverseas branches had surpassed US$ 150billion.This information was revealed byWang Xuebing,the Chairman of the
文摘Under the background of counter economic globalization,the Group of Twenty(G20)has become the primary platform for the east and west powers to seek consultation and dialogue.And the coordination mechanism of the new global powers has come into being slowly.As a multilateral regional bank,the BRICsBank takes the interests of developing countries as the leading factor.Based on international economic cooperation ground,it will broaden the South-South cooperation to create more convenient conditions for foreign direct investment,as well as bilateral and multilateral financial cooperation.From new power coordination perspective,with global economy governance structure transformation as the starting point,this research accurately defines the concept of coordination mechanism,systematically analyzes the evolution of global economic governance structure,intensively interprets the current characteristics of big power coordination mode in global economic governance structure,and objective assesses trends of global political and economic pattern.It is of important policy reference implications for the BRICS member countries to effectively promote the BRICs Bank institutionalization and global governance of new power coordination nature.
文摘At the beginning of this paper,the development process of intermediate business of commercial Banks in China was introduced.Taking bank H as the research object,the annual report data of bank H in the past 8 years(2010-2017)were collected as the basic data.First,it analyzes the growth rate and trend of the development of intermediary business of bank H,finds out the problems existing in the development of intermediary business of bank H and explores the reasons for the problems.Then,PEST analysis method and porter's five forces model are respectively applied to analyze the development environment of intermediate business of bank H.Finally,based on the above analysis,the author proposes substantial and individual solutions to the existing problems,such as channel extension strategy,market segmentation strategy and market independent pricing strategy.
文摘In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China's State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural banks. The most pressing issue is the sustainability of targeting deviate due to restraints, shortage of funds, and loan risks. In order to effectively address these issues, this paper presents some solutions
文摘The Qingdao Rubber Group Company has completed its technical renovation project on 300,000 sets of allsteel heavy-duty meridian tyres with a loan provided by the Asian Development Bank (ADB), After the renovation, its products have earned the standard certificate DOT from the United States and the ECE certificate from Europe, and entered the world market, Now the tyres are not only selling well in Third World countries, but also failing to keep up with demand in Britain, the United States, Europe and Australia, and other countries and regions.
文摘When we consider the factors affecting the stock market,we often consider the impact of macroeconomic factors on it.On the basis of the academic achievements of predecessor scholars on macroscopic factors affecting the overall stocks,this article selects six macroeconomic influencing factors:money supply,USDCNY exchange rate,GDP,national fiscal revenue,price index and interest rate,and uses PAC regression analysis method to construct a regression model.Analyze the influencing factors of Shanghai Pudong Development Bank stock;then conduct heteroscedasticity,autocorrelation,and multicollinearity tests to modify and adjust the regression model;finally,make relevant recommendations based on the analysis results.
文摘Since the establishment of the reserve against deposit system in China, theorists have different views about it. After analyzing some of those views, this essay proposes that presently, it is inappropriate to cancel that system, and the rate of the required reserve should be reduced instead of being removed. With the analysis, the author points out the defects of that system, and makes a further study of that system's influence on the sustainable development of the commercial banks in China. In the last part, from several aspects, namely, the institutional environment, the rate of required reserve, the structure, and the mode of calculating and drawing money, the author offers some suggestions for the perfection of China's reserve against deposit system, and the acceleration of the sustainable development of commercial banks.
文摘These five recommendations cover the most critical aspects of infrastructure development:an attractive pipeline of projects,diversity of financial instruments and a conducive regulatory environment,the role of multilateral development institutions,as well as the management of project life-cycle pro-
文摘For me,the highlights of these recommendations are the financing and the role of Multilateral Development Banks.The recommendations I follow with most interest are the ones that protect and insure against political risk and regulatory risk.These
文摘The Second Circular Baotou/China August 7~11, 2007 Organized by The Chinese Society of Rare Earths (CSRE) Baotou National Rare-Earth Hi-Tech Industrial Development Zone Honorary Chairman: Xu Kuangdi, President, the Chinese Academy of Engineering Chairman: Gan Yong, President, General Institute of Iron & Steel; Chairman of CSRE Vice Chairmen: Zhou Chuandian, Xu Guangxian, Li Dongying, Lin Donglu, Tu Hailing, Yang Jianlin, Li Bingrong International Scientific Advisory Board: Gi-Ya Adachi(Japan), J.C.G. Bünzli(Switzerland), Patrick Burk (USA), Przemyslaw Deren(Poland),Philippe Goldner(France), K. A. Gschneider(USA), Huang Boyun(China), Dariusz Kaczorowski (Poland), Nogami Masayuki(Japan), Ni Jiazuan(China), Wieslaw Strek(Poland),Su Qiang(China), Alessandro Trovarelli(Italy), Wang Zhenxi(China), Yang Yingchang (China), Zhang Guocheng (China)
文摘Aims: This study aims at designing and implementing syllabus-oriented question-bank system that is capable of producing paper-based exams with multiple forms along with answer keys. The developed software tool is named Χ(Chi)-Pro Milestone and supports four types of questions, namely: Multiple-choice, True/False, Short-Answer and Free-Response Essay questions. The study is motivated by the fact that student number in schools and universities is continuously growing at high, non-linear, and uncontrolled rates. This growth, however, is not accompanied by an equivalent growth of educational resources (mainly: instructors, classrooms, and labs). A direct result of this situation is having relatively large number of students in each classroom. It is observed that providing and using online-examining systems could be intractable and expensive. As an alternative, paper-based exams can be used. One main issue is that manually produced paper-based exams are of low quality because of some human factors such as instability and relatively narrow range of topics [1]. Further, it is observed that instructors usually need to spend a lot of time and energy in composing paper-based exams with multiple forms. Therefore, the use of computers for automatic production of paper-based exams from question banks is becoming more and more important. Methodology: The design and evaluation of X-Pro Milestone are done by considering a basic set of design principles that are based on a list of identified Functional and Non-Functional Requirements. Deriving those requirements is made possible by developing X-Pro Milestone using the Iterative and Incremental model from software engineering domain. Results: We demonstrate that X-Pro Milestone has a number of excellent characteristics compared to the exam-preparation and question banks tools available in market. Some of these characteristics are: ease of use and operation, user-friendly interface and good usability, high security and protection of the question bank-items, high stability, and reliability. Further, X-Pro Milestone makes initiating, maintaining and archiving Question-Banks and produced exams possible. Putting X-Pro Milestone into real use has showed that X-Pro Milestone is easy to be learned and effectively used. We demonstrate that X-Pro Milestone is a cost-effective alternative to online examining systems with more and richer features and with low infrastructure requirements.
文摘The Chinese government set up the State Development Bank against the background of the Chinese economic system being transformed from planned to market. In May 1995, the State Development Investment Corporation was established. Does this mean that China’s investment system reform is advancing at a much
文摘The Administrative Board of theLianyungang Development Zone isan executive administrative organimplementing unified leadership andmanagement over the development zone onbehalf of the Lianyungang People’sgovernment. According to the State’s lawsand regulations, the administrative board isresponsible for construction planning for thedevelopment zone, the execution of economicdevelopment programmes, the approval ofinvestment projects worth RMB30 millionor less, land use and building design, boostingpublic welfare in education, culture andsanitation, public security in the zone, andprotecting the legal rights of the
文摘Since 1992, China has put in practice a strategy for the overall coordination of national efforts in the four aspects of population, resources, the environment and development, and achieved substantial progress both in economic and social progress.China's strategy to nurture sustainable development is focused on the capacity building of sustainability and its main efforts are in the following six realms: governmental regulation, living security, human resources, eco-environmental conservation, social development and S&T innovation. The strategy has been successful.