Innovation new driver of development

TESLA SAID ON THURSDAY that it will establish a research and development center in Beijing, the first one outside of the United States. The electric carmaker also announced earlier that it will establish a factory in Shanghai. Beijing News comments:

China’s strong market demand has no doubt been a big incentive for Tesla. As the company’s statistics show, China is its largest overseas market, and Beijing is one of its largest regional markets in China.

With more than 20 million permanent residents, Beijing is a large market for new energy cars. More than 175,000 battery electric vehicles are running on its roads, and the capital seeks to be an example in green development so it continues to support the development of new energy vehicles.

But it is not only about the market, Beijing also has a good business environment and support for innovation, which have prompted Tesla to choose the capital as the location for its R&D center. It also has a rich reserve of talent. Beijing boasts many prestigious universities and (tuōqiàn nóngmíngōng gōngzī hēimíngdān)

The Ministry of Human Resources and Social Security has released the first “blacklist” of enterprises and individuals that have defaulted on paying migrant workers’ wages.

According to the official website of the institutes, which cultivate a steady flow of hightech and innovative talents.

For instance, Zhongguancun, a cradle of many IT companies and a college town as well, is evolving into an incubator for high-tech startups with global influence.

Beijing also has advantages in financing, and capital, which is indispensable for new startups and R&D industries.

It is noteworthy that, in the 1980s and 1990s, multinational companies coming to China concentrated in the field of consumer goods. After that, foreign companies in some labor-intensive industries moved their factories to China. Now more and more high-tech companies are setting up R&D facilities in China, which is an indicator of the successful transformation of the Chinese economy and the upgrading of its market.

Blacklist of those who default on migrant workers’ wages

ministry, it has established a blacklist system for enterprises and individuals that withhold the wages of migrant workers in order to safeguard the legitimate interests of migrant workers and enhance the construction of a social credit system. On July 12, the ministry held a special news conference to release the blacklist for the first time and announced it would punish those on the list.

As early as 2016, the State Council, China’s Cabinet, issued a document to deal with the problem of migrant workers not being paid.

The blacklist aims to increase the pressure on those who fail to pay their workers through comprehensive social management methods. According to the ministry, restriction will be imposed on the financing and loans available to enterprises and individuals on the list and they will be forbidden from bidding and tendering for government procurement.

If within a year of being blacklisted they commit no additional violations, their names will be removed and all privileges restored.

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