The Faithful Representation of Electrical Energy Sale and Purchase Agreements Under International Accounting Standards/International Financial Reporting Standards （IAS/IFRS）

This article aims at giving a contribution to the issue of accounting electrical energy sale and purchase agreements in accordance with the faithful representation principle. To this end, it must be ascertained whether electrical energy is bought/sold for an industrial use exclusively, so that the relevant transaction will be accounted as a normal purchase/sale, or through the lease of the relevant production plant, which would require the supply contract to be accounted in compliance with International Accounting Standards （IAS） 17 ＂Leasing＂. Alternatively, it must also be ascertained whether the relevant party is implementing financial trading strategies, as in such hypothesis, the supply contract is to be accounted as a financial instrument according to International Financial Reporting Standards （IFRS） 9/IAS 39 ＂Financial Instruments＂. Finally, the modalities used by a number of companies listed on European regulated markets to account such kind of contracts will be analyzed.

On the Eve of the Enforcement of the Arbitration Law——An interview with Xu Dayou, vice-chairman of China Council for the Promotion of International Trade and of the China International Economic and Trade Arbitration Commission

The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council

The 8th International 2007 China International Apparel Trade Fair

From 8th^10th of August, 2007, the 8th 2007 China International Apparel Trade Fair was successfully held in Shanghai Mart. Four industry clusters and one fabrics association took part in the fair as group exhibitors, more than 50 local and international buyers such as Wal-Mart, Carrefour, Tesco, Mondial, H&M, OTTO, C&A, JC Penney, Li&Fung, QVC, W.E.Connor came to the fair for a

China Council for the Promotion of International Trade China Chamber of International Commerce CCPIT Sub-Council of Chemical Industry

The CCPIT Sub-council of Chemical Industry is a subsidiary of the China Council for the Promotion of International Trade and the China Chamber of International Commerce.

China Promotes International Human Rights with the International Community

The first Beijing Forum on Human Rights was held by the China Society for Human Rights Studies（CSHRS） from April 21-23,2008. Following is the speech made by Wang Chen, Minister of the State Council Information Office of the People＇s Republic of China at the opening ceremony on April 21.

A Brief Introduction to the Business of Certification/Legalization of the China Council for the Promotion of International Trade and China Chamber of International Commerce

Since its founding in 1952,the ChinaCouncil for the Promotion ofInternational Trade(CCPIT) has beenengaged,as a commercial chamber,in issuingand certifying/legalizing foreign-relateddocuments.Over the past forty years,theCCPIT has gained a high internationalreputation for its fairness and authority inissuing and certifying/legalizing documentsused in export and import,such as documentsfor customs clearance,the settlement ofexchange and licensing,and certificates oforigin,certificates of contractual liabilitiesand certificates of force majeure.

Distribution of Vertical Turbulent Mixing Parameter Caused by Internal Tidal Waves and Solitary Waves in the South Yellow Sea

Many observations show that in the Yellow Sea internal tidal waves (ITWs) possess the remarkable characteristics of internal Kelvin wave, and in the South Yellow Sea (SYS) the nonlinear evolution of internal tidal waves is one of the mechanisms producing internal solitary waves (ISWs), which is different from the generation mechanism in the case where the semidiurnal tidal current flows over topographic drops. In this paper, the model of internal Kelvin wave with continuous stratification is given, and an elementary numerical study of nonlinear evolution of ITWs is made for the SYS, using the generalized KdV model (GKdV model for short) for a continuous stratified ocean, in which the different effects of background barotropic ebb and flood currents are considered. Moreover, the parameterization of vertical turbulent mixing caused by ITWs and ISWs in the SYS is studied, using a parameterization scheme which was applied to numerical experiments on the breaking of ISWs by Vlasenko and Hutter in 2002. It is found that the vertical turbulent mixing caused by internal waves is very strong within the upper layer with depth less than about 30m, and the vertical turbulent mixing caused by ISWs is stronger than that by ITWs.

Conversation with presence:A narrative inquiry into the learning experience of Chinese students studying nursing at Australian universities

Aim：the aim of this methodological article is to reflect on and extend current understandings of the possibilities of narrative inquiry research giving voice to students, and to expand the power of story by sharing the philosophical, theoretical, and methodological considerations of narrative inquiry in an international education context.Background： there has been much discussion about the need in providing a ‘voice＇ to people across the society, who feel marginalised in many contexts, including international students. There is limited research about Chinese students studying in Australia. In particular, the learning experience of Chinese nursing students has not been fully explored nor understood.Discussion： to enhance teaching and learning in international education contexts, and to cater better to international students, it is important to understand their experiences and perspectives. There is no better way to achieve this level of understanding than to let students＇ voices be heard, to let them speak for and about themselves because reality exists within these students＇ perceptions.Conclusions： in the context of international education, narrative inquiry as a research methodology,when used with sensitivity and reflexivity, through the power of stories, offers a new dimension in the international education research.

On Outsourcing Internal Auditing

There is an ever growing tendency of outsourcing of internal auditing since the appearing of it in 1970s.The paper introduces the status quo and form of outsourcing of internal auditing and analyzes the advantage and disadvantage of it in western nations in order to offer references for the development of internal auditing in our nation.

On Improving the Internal Control System of Enterprises

As a self-adjusted and self-constrained inherent mechanism, the Internal Control plays a extremely important role in the operation and management of enterprise. It＇s setting-up and putting into practice concerns the success or failure of the business directly. The author proposes some views from government, social intermediary organizes and enterprise three respects to improve Internal Control of the enterprise.

Electroluminescence of Si Nanocrystal-Doped SiO2

We perform a comparative st udy on the electroluminescence （EL） and photoluminescence （PL） of Si nanocrystaldoped SiO2 （nc-Si：SiO2） and SiO2, and clarify whether the contribution from Si nanocrystals in the EL of nc-Si：SiO2 truly exists. The results unambiguously indicate the presence of EL of Si nanocrystals. The difference of peak positions between the EL and PL spectra are discussed. It is found that the normal method of passivation to enhance the PL of Si nanocrystals is not equally effective for the EL, hence new methods need to be explored to promote the EL of Si nanocrystals.

Testification on Effectiveness of Average or Weight-added Internal Rate of Return

It seems that an effective way of how to make the right choice of Various investment projects is based on the theory of average internal income rate, or the theory of weight-added internal income rate. With several examples of numerical value, this paper proves that this method is not as effective as expected, but indirectly testifies that only with the principle of maximization of NPV that independent projects can be the best combination of projects with limited investment that is achieved.

On the “International Law-Based International Order”

In recent years,some countries have advocated a“rules-based international order.”However,they have not explicitly defined the“rules”here as“international law”and thereupon elaborated on their view of the rules for the international order.In fact,a series of legal practices implemented by these countries indicate that what they pursue is largely a view of rules that prioritizes domestic law over international law and regional international law over universal international law,and that politicizes international law.This view of rules undermines the role of international law in the international order and violates the requirements of the times for improving global governance and promoting the establishment of a more just and reasonable international order.To correct the view of rules pursued by these countries through the advocacy of a“rules-based international order,”China proposes an“international law-based international order.”The view of rules embodied in the“international law-based international order”recognizes that international law based and centered on the UN Charter is the authoritative system of rules governing international relations,while not excluding the role in the international order of other rules that do not violate international law.

Current Situation of International Organization for Standardization/Technical Committee 249 International Standards of Traditional Chinese Medicine

Objective： To review the current situation and progress of traditional Chinese medicine（TCM） international standards, standard projects and proposals in International Organization for Standardization（ISO）/technical committee（TC） 249. Methods： ISO/TC 249 standards and standard projects on the ISO website were searched and new standard proposals information were collected from ISO/TC 249 National Mirror Committee in China. Then all the available data were summarized in 5 closely related items, including proposed time, proposed country, assigned working group（WG）, current stage and classification. Results： In ISO/TC 249, there were 2 international standards, 18 standard projects and 24 new standard proposals proposed in 2014. These 44 standard subjects increased year by year since 2011. Twenty-nine of them were proposed by China, 15 were assigned to WG 4, 36 were in preliminary and preparatory stage and 8 were categorized into 4 fields, 7 groups and sub-groups based on International Classification Standards. Conclusion： A rapid and steady development of international standardization in TCM can be observed in ISO/TC 249.

Changes in International Student Mobility amid the COVID-19 Pandemic and Response in the China Context

International student mobility is an important indicator of the internationalization of higher education,and an important way to cultivate talents with global has had a huge impact on the mobility of international students.Specifically,the scale of international student mobility has decreased,changes in the geographic pattern of international student mobility have intensified,the form of international student mobility has changed,and the competition in the international study abroad market has intensified.As a major country that sends and receives international students,China has adopted a series of response measures to reduce the impact of the pandemic on international student mobility and has formulated a long-term development strategy to promote the mobility of international students.To promote international student mobility in the post-epidemic period countries should provide support for international students from home and abroad,promote the diversification of international student mobility,and strengthen internationalization at home.

Carry Forward Traditional Culture;Promote International Communication 2017 Beijing International Kite Festival and Beijing-Tianjing-Hebei Kite Exchange successfully held

Under the theme'Release the Hope,Release the Dream',the 2017Beijing International Kite Festival and Beijing-Tianjin-Hebei Kite Exchange event was held at Beijing Expo Garden on April 20 and 21.The event attracted master kite-makers,kite lovers and'intangible cultural heritage inheritors'from both China and abroad,with teams from 24