Value Choice and System Enlightenment of the U.S.Business Judgment Rule

Through analyzing theories and legislative cases in respect of Business Judgment Rule in American justice systems with the com parison method,this article reveals that the business judgment system is conducive to the protection of rights and interests of the directors in decision making,and enables the court to avoid the substantive review on business management in an effective manner;at the same time,in view of the blanks and deficiencies in the legislation of China in the "Company Law" and other relevant laws,it is recommended that the Business Judgment Rule be introduced into China and the legislation in respect of director accountability be strengthened,while the direc tors fiduciary duty and other supporting systems be improved,with the reference of the U.S.practice,to clarify the legal boundary between rights and responsibilities of directors.

Does the system of independent directors help improve the quality of accounting information： From the perspective of earnings conservatism

Based on the sample data of the listed firms on the A stock market, we analyze how the system of independent directors influence the earning conservatism from 4 dimensions designed to measure the monitoring power of these independent directors： Percentage within BDs, professional capacities, stimulation and work conditions. From the empirical results, we conclude that the more powerful of the independent directors, the better the accounting conservatism, and that their positive impact increases along with the improvement on corporate governance, meanwhile the work conditions plays the most important role, and then are the percentage within BDs and their professional capacities, the stimulation and personal reputation appear the least importance.

Study on the Current Implementation Situation of the Independent Director System in China＇s Listed Companies

The independent director system, as an effective measure to improve the corporation governance structure of China＇ s listed companies, is focused by more and more people at the capital market. In this paper, the proportion of independent directors in the board of directors, and the actual condition, compensation, and duties performing of independent directors are analyzed by taking A-share listed companies in Shanghai Stock Exchange as an example, so that the current implementation situation of the independent director system in China＇ s listed companies is analyzed deeply through the empirical method. Finally, suggestions for its imorovement are orooosed.

Uphold the Original Intention and Work together for Future Development——Speech at the 35^(th)Anniversary Symposium of BES

Time flies,in the blink of an eye,it is already 2023.The journal Biomedical and Environmental Sciences(BES)has been established for thirty-five years.Today,I am honored to participate in the BES’s 35^(th) anniversary symposium,organized by the Chinese Center for Disease Control and Prevention(China CDC).Seeing Director Hongbing Shen,Deputy Director Xiaoming Shi,along colleagues from the center’s affiliated units and departments,as well as fellow researchers,we have come together for this symposium under the theme of“Looking back and looking forward”,I am not only deeply appreciative and thankful,but also envisioning a bright future for BES in the next 35 years.I would like to share my thoughts and hopes under the theme of“Review and Development”.

"Silk Road People-to-People Connectivity"China-Cambodia Donation Activity Held in Phnom Penh

On March 26th,the"Silk Road People-to-People Connectivity"China-Cambodia Donation Activity was held at Indradevi High School in Phnom Penh,Cambodia.Lv Xuejun,President and Chief Editor of the Contemporary World,Pay Sambo,Secretary General of Cambodia Civil Society Association Forum,Wu Chuanbing,Councilor of Chinese Embassy in Cambodia,Hu Jianguang,Deputy Director of the Education Committee of Haidian District of Beijing,Liu Zhanguo,Director of China Foundation for Peace and Development(CFPD)Cambodia Office,Soung Houth,President of National Union Alliance Chamber of Cambodia(NACC),Neak Sothea,President of Indradevi High School and other participants attended the event.

Venezuelan Foreign Minister Visits CIIS

On June 6,Venezuelan Foreign Minister Yvan Gil visited CIIS and toured the Xi Jinping Thought on Diplomacy Research Center.He was accompanied by Venezuelan Vice Foreign Minister Tatiana Pugh Moreno,Ambassador to China Giuseppe Yoffreda,Director-General of the Office of Integration and International Affairs of the Ministry of Economy,Finance and Foreign Trade Eduardo Antonio Ramirez Castro.

Plenary meeting of SAC/TC 207 held in Beijing

The plenary meeting of SAC/TC 207, Environmental management, was held on February 2 in Beijing.More than 40 participants attended the meeting, including Wu Fengchang, Academician of the Chinese Academy of Environmental Sciences, He Kaitao, Deputy Director-General of the Science and Technology Development Department of Ministry of Natural Resources, Li Qingrui, Director-General of former Department of Policies and Regulations of the Ministry of Environmental Protection.

The "Garden of Emeralds" Exhibition:Interview with Dr. EloÏse Gaillou,Director and Curator of the Mineralogy Museum of l'école des Mines de Paris(Mines Paris-PSL)

From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.

China Detergent & Cosmetics

The Shiseido Group announced that the Board of Directors has passed a resolution on July 30th,2024 that Kentaro Fujiwara,former CEO of Shiseido China,current President and COO of the Shiseido Group,will become President and CEO of the Group,with his appointment to take effect on 1 January 2025.At the appointed time,Masahiko Uotani,current Chairman and CEO of the Group will act as a Senior Advisor for the Shiseido Group and,upon request by the management team,provide advice,support talent development,engage in external relations,etc.He will be retiring as a director of Shiseido at the end of March 2025.

CCPIT

Groundbreaking Ceremony Held for China Pavilion at Expo 2025 Osaka,Japan On February 2,a groundbreaking ceremony was held for the China Pavilion at Expo 2025 Osaka,Kansai,Japan at Yumeshima,an artificial island in Osaka Bay,where the expo site is located.Ren Hongbin,Chairman of the China Council for the Promotion of International Trade(CCPIT),Wu Jianghao,the Chi ne se Amba s sador to Japan,Yoshimura Hirofumi,Governor of Osaka Prefecture,Hiroyuki Ishige,Secretary General of the Japan Association for the 2025 World Exposition,and Wang Jun,Chairman of the Board of Directors of the China Academy of Building Research(CABR),attended and addressed the ceremony.Together,Chinese and Japanese guests ceremonially turned the dirt at the groundbreaking ceremony.

Chinese Documentaries

Upon the Edge Directors:Hu Yaqiao,Xiong Wenkai Length:36 Episodes Producer:Hu Yaqiao Broadcasting Platform:Bilibili The film series follows the trek of a group of experienced hikers in China,documenting the most extreme scenery and unique culture of Xizang.It shows how the hikers grew through overcoming adversity,allowing the audience to get an insiders’view into the process of hiking.

Chinese Documentaries

Rendezvous with the Future Director:David Briggs Length:Three Episodes Production:Bilibili and BBC Studios Broadcasting Platform:Bilibili This documentary series shows that the most imaginative concepts and narratives told in science fiction novels have been studied and practiced in real life.This means that the creation in science fiction works which we read about today may become a reality in the future.In these three episodes,the narrator Liu Cixin,a Chinese science fiction writer,together with representatives of the world’s most cutting-edge scientific research.

Chinese Documentaries

Fantasy Westward Journey Chief Director:Liu Yile Length:Six Episodes Producer:Chen Xiaoyu Broadcasting Platform:Bilibili This film series is the first game documentary created by NetEase,a leading Internet and game services provider,along with a CCTV production team.It shows the integration of video game production with traditional shadow play art,ancient building restoration techniques,movable-type printing,and Kunqu Opera.The film showcases the spirit of artisans in the work of technically adept game developers,showing the connection between Chinese intangible cultural heritage and video game production.

Spring Festival Celebrations Fire Maltese Fascination with Chinese Culture--An Exclusive Interview with Director of the China Cultural Center in Malta Yuan Yuan

THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.

Chinese Documentaries

Legends of Industry Chief Director:Zhu Lanting Length:10 Episodes Producer:China Machine Press Broadcasting Platform:bilibili This film is China’s first large-scale documentary series taking an in-depth look into the theme of international industry,aiming to present the development and technological achievements of the world industrial civilization.It showcases the inner workings and principles of global industrial development,and the transformation of Chinese industry by integrating advanced experience worldwide in the era of innovation.Through the stories of industrial powerhouses and leading enterprises,this documentary series traces the history of industry and explores the secrets behind the scenes.

2024:China’s Economy Keeps Recovering with Contribution of New Growth Drivers in Several Industries

A ccording to the latest data from the National Bureau of Statistics,China’s gross domestic product(GDP)exceed RMB 126 trillion in 2023,an increase of 5.2%over the previous year.“China’s economy has successfully achieved its target and delivered a good and substantial report card,”Kang Yi,Director General of the International Bureau of Statistics,said at a press conference recently.

Chinese Documentaries

My Homuseum Chief Director:Wang Yu Length:12 Episodes Producers:bilibili,Dahuoer Broadcasting Platform:bilibili My Homuseum is the first documentary series to showcase the private collections of urban young people.Ranging from traditional craftsmanship,technological processes,and rare antiques to ethnic costumes,each episode displays a collection and tells the story of the passion of the collectors behind it.By looking into the inner world of young collectors.

ITU and UNIDO join forces for smart and inclusive industry

The International Telecommunication Union(ITU)and the United Nations Industrial Development Organization(UNIDO)aim to strengthen their collaboration to advance the Sustainable Development Goals(SDGs).ITU Secretary-General Doreen Bogdan-Martin and UNIDO Director General Gerd Müller signed the Joint Declaration regarding the collaboration between the two UN specialized agencies on the advancement of the 2030 Agenda for Sustainable Development,in particular on industrialization,infrastructure development,and innovation in the digital age,on June 25 at ITU headquarters in Geneva,Switzerland.“The signature of this Joint Declaration with UNIDO Director General Gerd Müller at such a critical time in our common efforts to achieve the SDGs reinforces the strong link between universal meaningful connectivity and the revolution taking place in the industrial sector,”said Bogdan-Martin.

CHINESE DOCUMENTARIES

Captain Qomolangma Director:Wu Xi Length:One Episode Producer:Mountain Climbing Films,Emei Film Group Broadcasting Platforms:Migu Video,bilibili Sula Wangping was born in a small village at the foot of Mount San’ao in southeastern China’s Sichuan Province.More than 20 years ago,he participated in an expedition to San’ao with China’s national mountaineering team.Being amazed by the grandeur of the snow-capped mountain and obssessed with the exhilaration of climbing,he decided to pursue climbing as a professional career.In June 2019,he led eight amateur mountaineers to the summit of Mount Qomolangma.After overcoming hardships in extreme cold conditions,they became the world’s first team to reach the top of the mountain in 2019.

Chinese Documentaries

Leprosy Annihilator Director:Lin Haiyan Length:Two Episodes Producer:Documentary Center of Shandong Radio and Television Broadcasting Platform:bilibili The film series narrate the story of a 70-year-long national initiative to prevent and control leprosy.Several generations of Chinese medical professionals worked tirelessly to overcome the infectious disease that has plagued humanity for thousands of years.The film shares the little-known history with an impressive production to increase awareness of the endeavor in modern times.