The Determinants of Risk Exposure When Development Finance Institutions Consider Approval of Funding to Different Development Markets—Case Study Development Bank of Southern Africa

This paper evaluates the determinants of risk exposure when development finance institutions consider approval of funding to different development markets utilising multiple regression econometric models and the Development Bank of South Africa(DBSA)as a case study.The research presents the classical development finance institution(DFI)business model and market size estimation with the contemporary DFI risk classification and enterprise risk management framework.In addition to reviewing the profile of financial and non-financial products and services,the related project cycles and the DFI credit risk pricing and mitigation approaches for the different development markets.Our results suggest that there is a correlation between the funding of under-resourced municipalities by DBSA and its exposure to financial risk though the correlation is not overwhelmingly significant,but also evidence of a negative correlation between the funding of under-resourced municipalities and the minimization of the financial risk exposure of DBSA.Likewise,there is a negative correlation between funding to all three different sizes of a municipality and ability of the DFI to absorb future losses(non-performing loan coverage ratio).The negative correlation is highest for secondary cities followed by metros and least for under resourced municipalities.The research concludes with four major recommendations of what the role of the DFI should be in enhancing access of under-resourced municipalities to development funding.

The Roles of the Learner, Teacher and Institution in Curriculum Development in a Chinese EFL Learning Context

There has been an increasing awareness in China＇s English language teaching profession that curriculum development should take account of the participants within the curriculum development process： the planners, the administrators, the institutions, the teachers, and the learners. This paper attempts to identify the underlying principles of the New English Curriculum in China （2001）, based on which the roles of the learner, teacher, and institution that underpin the development of the new English curriculum in a secondary school in South-west China are critieaUy examined.

Different Situations, Different Economic Institutions ---A Historical Perspective on China and India＇s Approaches to Development

Both being two developing countries with a vast territory, dense population, and centuries-old ancient civilization, China and India have many in common in natural resources, population size, historical condition, current economic issues, etc. except for regime. The competition between China and India is a typical one between economic institutions. This paper, by making a diachronic analysis on their courses of development, tries to justify the importance of adopting an economic institution suitable to the situation of a country.

The Role of Multilateral Development Banks and Institutions Are Important

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-

Examining the Burden Reduction Policy for Primary and Secondary School Teachers in China:A Framework Analysis Centered on the Rational Selection of Institutional Doctrine

The“burden reduction”policy aims to reduce the workload of primary and secondary school teachers to alleviate their burdens.While it has improved the quality of teachers,implementation challenges still exist.This study utilizes rational choice institutionalism and Ostrom’s institutional analysis and development framework to examine the policy.By considering the preferences of the Ministry of Education,local governments,schools,and teachers,it explores interactions and outcomes,identifies challenges,and provides policy suggestions.

Significant Breakthrough in Industrial Test of the "Methanol to Olefins" Process Developed by Dalian Institute of Chemical Physics,Chinese Academy of Sciences

A process of ＂Methanol or Dimethylether to Olefins＂ developed by Dalian Institute of Chemical Physics （DICP）, designated as the DMTO process, has attained great success in industrial scaling up testing. DICP, by collaborating with the Xinxing Coal Chemical Co., Ltd. of Shaanxi Province and the Luoyang Petrochemical Engineering Co. of the SINOPEC Group, operated successfully a 50t（methanol）/d unit for the conversion of methanol to lower olefins, with a methanol conversion of close to 100%, and a selectivity to lower olefins（ethylene, propylene and butylenes） of higher than 90%. On 23rd August, the industrial test project has passed a state appraisal. The experts of the Appraisal Group, headed by Prof. YUAN Qingtang, academician of Chinese Academy of Engineering, drew the conclusions that the DMTO process, by utilizing a proprietary SAPO-34 catalyst system and a recycling fluidized bed reaction system for the production of lower olefins from methanol, is the first unit in the world having a capacity of producing nearly ten thousand tons lower olefins per year. The technological level of the industrial test is at a leading position internationally. This accomplishment will provide a sound base for the subsequent commercialization of the DMTO process.

Economic Analysis of Microfinance： Evidence from China

China＇s evolutionary reform brought China economy enormous progress, which also subsided the poverty phenomenon. But the present anti-poverty task is still very arduous for China today. Peasant household＇s microfinance is a kind of important tool which contributes to the poverty alleviation. The sustainable development of microfinance has become a serous problem at present. This text analyses the sustainable development of microfinance through setting up the income model of microfinance, then puts forward the way to solve.

Cotton Research and Development at Institute for Agricultural Research,Samaru,Nigeria

The Institute for Agricultural Research,Samaru,has the national mandate for genetic improvement and development of production technologies for cotton,maize,sorghum,cowpea,groundnut,

Novel Technology and Products: Fluidized Bed Incineration and Energy Recovery for Waste Disposal——Developed by the Institute for Thermal Power Engineering, Zhejiang University

The waste referred to includes solid waste and sludge. Solid waste is mainly from urban garbage and industrial waste. Sludge is from water treatment factories, paper mills, chemical factories, pharmaceutical factories, rivers and lakes. The waste and sludge are very harmful to water organisms, human health and drinking water, and directly affect the environment. Sludge and waste also occupy large areas of land. There are several methods to treat waste and sludge, such as burial, chemical treatment and incineration. Incineration is more effective than the

NC310 Catalyst for Methanol Synthesis Developed by SINOPEC Research Institute of Nanjing Chemical Company

The NC310 type catalyst for methanol synthesis developedby the SINOPEC Research Institute of NanjingChemical Company has passed the appraisal of researchachievements organized by the Science and TechnologyDivision of the Sinopec Corp. The group of specialistsattending the appraisal meeting has recognized that thiscatalyst has reached the internationally advanced level interms of its overall catalytic performance.

“We are all in the same boat”-ISEE leaders’ trip to China

The motto of Tongji University, whose name literally means ＂we are all in the same boat, and must work together to reach common goals＂, describes the harvest of ISEE leaders＇ mission to China in May 2007. ISEE President Joan Martinez-Alier, President-Elect Peter May and the society＇s founder and first President, Robert Costanza as well as ISEE member Robert Ayres, participated in a series of events and meetings in Shanghai and Beijing with a view to build institutional collaboration.

THE REFORM & DEVELOPMENT OF CAS INSTITUTES IN BORDER AREAS

This article offers an analytic explanation of the geographic, historical and environmental features as well as the strategic positions of CAS-affiliated border area institutes (BAIs). In addition, it puts forward several suggestions in a bid to advance their reform and development.

Innovative Practices in Institutional Development of the Buddhist Association of China in the Past 70 Years Since Its Establishment

2023 marks the 70th anniversary of the Buddhist Association of China(BAC).Despite the ups and downs in its history,Chinese Buddhism has achieved remarkable accomplishments.Looking back on the journey,the Buddhist pioneers have paved the way with arduous work,transmitting the Buddha’s teachings from afar and keeping them alive in the present.In the new era,to leverage the positive role of Buddhism in benefiting society and purifying people’s minds,institutional development and improvement remain a huge task.

China’s role in scaling up energy storage investments

Accelerating the planning and development of a new power system that is more renewable energy-based is a strategic priority of achieving“dual carbon”goals(peaking carbon emissions before 2030 and becoming carbon neutral before 2060)in China.The large-scale development of energy storage technologies will address China’s flexibility challenge in the power grid,enabling the high penetration of renewable sources.This article intends to fill the existing research gap in energy storage technologies through the lens of policy and finance.Results indicate that policy uncertainties in renewable energy might undermine domestic investor confidence in energy storage technologies,while insufficient economic incentives may crowd out private sector participation.Drawing on international best practices,blended concessional finance,supported by development partners,can play a significant role in closing energy storage financing gaps in China and in countries of the Belt and Road Initiative(BRI).To deliver on China’s domestic and international climate commitments,this article makes three policy recommendations:(1)moving forward with a carbon pricing agenda that incentivizes energy storage investments in China;(2)tapping the potential of the domestic capital market to close financing gaps for novel energy storage technologies;(3)scaling up energy storage supply chains in BRI countries through multilateral cooperation.

A Study of Sustainable Development of China’s State-Level Economic and Technological Development Zones

State-level economic and technological development zones (ETDZs) are products of China’sreform and opening-up policies and a new engine of growth for the Chinese economy. Theyhave made tremendous contributions to the development of the Chinese economy. However,some problems have emerged in the course of this progress and new challenges are stilllying ahead. Sustainable development is possible only when the strategy and objectives ofdevelopment are adjusted, when the integrated investment environment is optimized, whenindustries are upgraded, when technical innovations are made, when independent innovationcapabilities are lifted, when the mode of economic growth is changed, and when innovationsare made in government management.

Introduction of Institute of Medicinal Plant Development

Institute of Medicinal Plant Development (IMPLAD), affiliated with the Chinese Academy of Medical Sciences (CAMS) and Peking Union Medical College (PUMC), was established in August 1983. IMPLAD, headquartered in the Zhongguancun Scientific and Technical Zone, Beijing, China, owns three branch institutes with total over 333 hectares of land in the subtropical regions of southern China, located in