Weekly News Collection

MANAGEMENT
Promoting green development, kinetic energy conversion
A symposium on kinetic energy conversion and management innovation was held at Shandong University of Technology on May 26. 

Promoting new and old kinetic energy conversion is not only an important way to enhance economic restructuring and upgrade the real economy but also a necessary requirement of high-quality development. Wang Nengmin, a professor from the School of Management at Xi’an Jiaotong University, said that coordinating “growth” and “greenness” is a major realistic issue in China’s sustainable development. As the subject of economic transition and upgrading, enterprises need to prioritize the coordination between the two sides, with the assistance of the integration of Internet Plus big data technique and all process environmental protection technology, Wang said.

Financial service innovation is also crucial to advancing green development as well as new and old kinetic energy conversion. Zhang Wei, director of the Institute of Green development at the University of Jinan, said that the government should actively guide commercial financial institutions to innovate financial service, push forward new and old kinetic energy conversion while facilitating the rise of new industries as well as the transformation and upgrading of traditional industries, Zhang said.

ECONOMICS
Building labor economics with Chinese characteristics
On May 26, scholars discussed the disciplinary construction of labor economics with Chinese characteristics at a symposium held in Qingdao, Shandong Province.

China Association of Labor Economics President Zhang Juwei said that China’s economic society and theories of labor economics have entered a new historical phase. The textbook system construction of labor economics should adhere to the guidance of Marxism, absorb mature international theories and methods while connecting closely with such realistic problems as China’s unique household registration system. The three aforementioned principles also form the core of the textbook system of labor economics with Chinese characteristics, Zhang said.

Feng Xiliang, dean of the School of Labor Economics at the Capital University of Economics and Business, said that new economic forms and technological innovation have generated the model of flexible employment. It is urgent for scholars to carry out deep discussion of such problems as labors’ rights and interests protection in flexible employment and the healthy development of the model of flexible employment, Feng said.

INTERNATIONAL STUDIES
Prominent achievements made in SCO
Jointly compiled by the Chongyang Institute for Financial Studies at Renmin University of China and the Institute for Central Asian Studies at Lanzhou University, the think tank report on “Sailing Steady to Success: Shanghai Cooperation Organization in its 17 Years” ( Chinese and English version) was released in Beijing on May 21.

According to the report, the SCO has grown into a cross-regional international organization that covers the widest land area, hosts the largest population in the world and is involved in multiple realms of cooperation. Since its establishment, the SCO has made remarkable achievements in such fields as security, cultural and humanities cooperation, economy and trade.

Yang Shu, director of the Institute for Central Asian Studies at Lanzhou University, said that the report analyses the achievements the SCO has made as well as challenges it currently faces, and also gives suggestions on how to ensure its steady development. So far, it is one of the most comprehensive and in-depth research reports to analyze the development of the SCO in the past 17 years, Yang said.

(edited by YU HUI)