FriedRiceNSpice
Captain
Also note that GDP growth in term of US dollar terms is even higher, due to the appreciation of the RMB relative to the dollar.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
antimatter
Banned Idiot
wow, 40nm or 50nm in CHina that's latest state of art by western standrad!
Look out, taiwan and Korea.
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Elpida Memory Plans To Build DRAM Joint Venture In Suzhou
By Editor on August 22, 2008
Japan's Elpida Memory, Inc., one of the world's biggest computer memory chip manufacturers, has announced plans to jointly invest USD5 billion with two Chinese investors to build a chip factory in Suzhou.
According to Elpida Memory, the company will build a joint venture with the Suzhou government and another company, whose name was not released. As the biggest shareholder of the joint venture, Elpida Memory will own a 39% stake. The company says that the chips produced in the new factory will be mainly offered to China's PC market.
The joint venture will be located on a site area of 320,000 square meters and the main factory space will reach 91,000 square meters. With an initial production capacity of 40,000 wafers, the factory is expected to start in the first quarter of 2010. Elpida's 50 nanometer DRAM process technology will be used at the beginning and migration to 40 nanometer will take place as soon as the process is ready.
Yukio Sakamoto, president and CEO of Elpida, says that they believe it is critical to invest in the rapidly growing China market to better serve their customers. The jointly venture is an opportunity for Elpida to strengthen its production and marketing profile in China and the entire Asian market.
Suzhou Venture Group is the one that represents for the Suzhou government to invest in the joint venture. Founded in September 28, 2007, Suzhou Venture Group was reconstructed on China-Singapore Suzhou Industrial Park Ventures. The company is now a leading investment corporation that is managing several subsidiaries, including China-Singapore Suzhou Industrial Park Ventures, Cowind Seed-Stage Fund and a fund guarantee company
Look out, taiwan and Korea.
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Elpida Memory Plans To Build DRAM Joint Venture In Suzhou
By Editor on August 22, 2008
Japan's Elpida Memory, Inc., one of the world's biggest computer memory chip manufacturers, has announced plans to jointly invest USD5 billion with two Chinese investors to build a chip factory in Suzhou.
According to Elpida Memory, the company will build a joint venture with the Suzhou government and another company, whose name was not released. As the biggest shareholder of the joint venture, Elpida Memory will own a 39% stake. The company says that the chips produced in the new factory will be mainly offered to China's PC market.
The joint venture will be located on a site area of 320,000 square meters and the main factory space will reach 91,000 square meters. With an initial production capacity of 40,000 wafers, the factory is expected to start in the first quarter of 2010. Elpida's 50 nanometer DRAM process technology will be used at the beginning and migration to 40 nanometer will take place as soon as the process is ready.
Yukio Sakamoto, president and CEO of Elpida, says that they believe it is critical to invest in the rapidly growing China market to better serve their customers. The jointly venture is an opportunity for Elpida to strengthen its production and marketing profile in China and the entire Asian market.
Suzhou Venture Group is the one that represents for the Suzhou government to invest in the joint venture. Founded in September 28, 2007, Suzhou Venture Group was reconstructed on China-Singapore Suzhou Industrial Park Ventures. The company is now a leading investment corporation that is managing several subsidiaries, including China-Singapore Suzhou Industrial Park Ventures, Cowind Seed-Stage Fund and a fund guarantee company
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FriedRiceNSpice
Captain
Well, it will be the Japanese corporation that will be bringing the technical expertise and technology to this venture...
This article mentions the short-term and long-term effects of the Olympics on the Chinese economy. The slowdown in the article has already been anticipated by many economists in the previous few months and shouldn't be surprising...
China on track for gradual slowdown
By Geoff Dyer in Beijing
Published: August 25 2008 19:37 | Last updated: August 25 2008 19:37
As Beijing faced up on Monday to an Olympics hang*over, the government tried to assess whether the economy would also suffer one.
The 16 days of Olympic sports were accompanied by a flurry of anxious predictions about a rapid slowdown in the economy and talk of an imminent budget stimulus package. Given that robust growth in China is preventing an even sharper global retrenchment, investors around the world are looking closely for signs of post-Olympics blues.
EDITOR’S CHOICE
Chinese trade data reduce slowdown fears - Aug-11Editorial comment: China’s next gold - Aug-11S&P raises China’s debt rating - Aug-01Lex: China and commodities - Jul-31WTO rules against China over tariffs - Jul-19China’s economy slows in second quarter - Jul-17Yet although there have been a few alarming indicators, most of the data released so far indicate China is on track for a gradual slowdown from the double-digit growth rates of recent years rather than a plunge.
“Our advice is: calm down,” says Arthur Kroeber, head of Dragonomics consultancy in Beijing. “China’s economy is basically in fine shape.”
Although Beijing itself is only a small part of the national economy, the Olympics could hit some short-term economic figures.
To improve air quality in Beijing, the authorities imposed restrictions in August and September on polluting industries in six provinces that together produce 40 per cent of China’s steel and 20 per cent of its cement. However, the actual economic impact of the restrictions is still unclear.
This blip has been compounded by several other pessimistic indicators. The latest government purchasing managers index showed a sharp decline, car inventories hit a four-year high in June, air passenger traffic has slowed sharply, and electricity output growth has also dropped.
With loud complaints coming from some exporting sectors about rising costs and growing fears about unemployment levels, speculation has been increasing that Beijing is about to relax fiscal policy.
According to Frank Gong, economist at JPMorgan, China’s top leadership is considering a stimulus package of Rmb200bn-Rmb400bn ($30bn-$60bn, €20bn-€40bn, £15bn-£30bn), equal to 1-1.5 per cent of gross domestic product, in addition to spending for rebuilding in the Sichuan earthquake zone. The plan could include tax cuts and measures to boost the housing market.
However, many economists think the broader picture is of continued strong growth in China this year, even if there are now more uncertainties about the outlook for 2009 and beyond.
Despite the slowing global economy, China’s exports have held up better than most people expected, increasing by 22 per cent over the past year. Domestic investment has slowed gradually, but this has been a government objective. Meanwhile retail sales, on a real basis, were up 15.4 per cent in July over the same period in 2007, the biggest rise this decade, according to HSBC.
The response of the government to recent data has been to tweak policy rather than make a big shift.
An increase in government spending in the second half is likely. With fiscal revenues rising 33 per cent in the first half of the year, China is running a much larger budget surplus than it had planned for and has plenty of cash available to help fine-tune the slowdown.
The International Monetary Fund has trimmed its forecasts for world economic growth in 2008 and 2009 in a note prepared for a meeting of the Group of 20 nations, according to a G20 finance official.
The IMF was forecasting world growth this year of 3.9 per cent, down from an estimate of 4.1 per cent in its World Economic Outlook last month, the official told Reuters on Monday, who is involved in planning for the meeting and spoke on condition of anonymity.
It forecasts 2009 growth of 3.7 per cent, down from 3.9 per cent. The IMF left unchanged its forecast for US growth this year at 1.3 per cent. It shaved its forecast for US growth in 2009 from 0.8 per cent to 0.7 per cent.
The IMF trimmed its forecast for eurozone growth this year to 1.4 per cent, from 1.7 per cent in July. It estimated 2009 growth at 0.9 per cent, down from 1.2 per cent.
Some of the largest project that are underway or start in upcoming 5years in china:
1、长兴岛造船基地 ——打造世界最大造船基地 工程总投资： 350亿元
2、京沪高速铁路 ——世界最长的高速铁路项目 工程总投资： 2200亿元
3、北京南站——亚洲最大火车站 工程总投资： 63亿元
4、杭州湾跨海大桥——世界最长的跨海大桥 工程总投资： 160亿元
5、曹妃甸开发区——规模远超三峡工程 工程总投资： 2300亿元
6、苏通长江大桥——世界最长斜拉桥 工程总投资： 78.9亿元
7、西部大开发 ——规模宏大的系统工程 工程总投资： 8500亿元以上
8、福厦漳龙城际铁路 工程总投资： 380亿元
9、“五纵七横”国道主干线 工程总投资： 9000亿元 ——世界最大规模高速公路项目
10、中国“八横八纵”大容量光纤通信网 工程总投资： 70亿元
11、“南水北调”工程——世界最大水利工程 工程总投资： 5000亿元
12、首都国际机场T3航站楼 ——世界最大单体建筑 工程总投资： 250亿元
13、湛江东海岛：宝钢千万吨级钢铁基地 工程总投资： 690亿元
14、上海临港新城——世界最大填海造地项目 工程总投资： 1500亿元
15、上海洋山深水港——打造世界第一大港 工程总投资： 500亿元
16、中国《中长期铁路网规划》 工程总投资： 2万亿元
17、川气东送工程 工程总投资： 627亿元
18、辽宁红沿河核电站 工程总投资： 500亿元
19、战略石油储备工程 工程总投资： 1000亿元
20、武汉火车站——迈向内陆最大铁路枢纽 工程总投资： 140亿元
21、昆明新国际机场——中国第4大航空枢纽机场 工程总投资： 231亿元
22、海南电网跨海工程 工程总投资： 22亿元
23、天津百万吨乙烯项目 工程总投资： 268亿元
24、上海光源实验室——中国重大科学工程 工程总投资： 12亿元
25、四川灾后重建 工程总投资： 1.2万亿元
26、丝绸之路复兴计划 工程总投资： 430亿美元
27、中国第二大水电站——溪洛渡水电站 工程总投资： 792亿元
28、中国第三大水电站——向家坝水电站 工程总投资： 434亿元
29、海南文昌航天发射场 工程总投资： 120亿元
30、大飞机工程落户上海 工程总投资： 300—500亿
31、散裂中子源项目 工程总投资： 12亿元
32、世界最大500米口径球面射电望远镜 工程投资额： 6.27亿元
33、沪蓉高速公路（上海至成都） 工程总投资： 1700亿元
34、宁夏宁东能源化工基地 工程总投资： 1000亿元
35、港珠澳大桥 工程总投资： 700亿元
36、国家环境保护十一五规划 工程总投资： 1.53万亿元
37、甘肃酒泉——世界最大风力发电基地 工程总投资： 1200亿元
38、武广高速铁路 工程总投资： 1168亿元
39、广州新火车站 工程总投资： 180亿元
40、《全国民用机场布局规划》 工程总投资： 4500亿元
41、上海虹桥交通枢纽 工程总投资： 360亿元
42、哈大高速铁路 工程总投资： 923亿元
43、天津海上油田开采装备基地 工程总投资： 220亿元
44、陕北能源化工基地 工程总投资： 900亿元
45、中石化伊朗亚达瓦兰油田 工程总投资： 20亿美元
46、中石油苏丹石油项目 工程总投资： 70亿美元
47、中石油尼日尔石油项目 工程总投资： 50亿美元
48、非洲加蓬贝林加铁矿 工程总投资： 27亿美元
49、中国十一五国家电网建设规划 工程总投资： 12150亿元
50、十一五西藏公路交通规划 工程总投资： 430亿元
51、中国承建尼日利亚铁路现代化项目 工程总投资： 83亿美元
52、中国承建利比亚沿海铁路项目 工程总投资： 26亿美元
53、俄罗斯波罗的海明珠工程 工程总投资： 13亿美元
54、中国承建阿尔及利亚东西高速公路项目 工程总投资： 70亿美元
55、亚洲公路网——23国联手打造的超级工程 工程总投资： 440亿美元
56、广西钦州千万吨级炼油项目 工程总投资： 152亿元
57、上海中心大厦——中国第一高楼 工程总投资： 70亿元
58、四川宣汉普光特大气田 工程总投资： 700亿元
59、浙江沿海铁路大通道 工程总投资： 162亿元
60、攀钢集团一万吨钛合金生产线 工程总投资： 10亿元
61、西电东送工程——世界最大电力项目 工程总投资： 5265亿以上
62、中国载人航天工程 工程总投资： 300亿元
63、2010年上海世界博览会 工程总投资： 400亿元
64、广州南沙龙穴造船基地 工程总投资： 45亿元
65、浙江三门核电项目 工程总投资： 800亿元
66、广东阳江核电站项目 工程总投资： 80亿美元
67、山东烟台海阳核电站项目 工程总投资： 600亿元
68、武汉过江地铁工程 工程总投资： 149亿元
69、八万吨多向模锻水压机 工程总投资： 15.17亿元
70、中国可再生能源发展规划 工程总投资： 2万亿元
71、农村“村村通”工程 工程总投资： 1万亿元以上
72、农村节水灌溉工程 工程总投资： 300亿元以上
73、农村电影放映工程 工程总投资： 10亿元
74、万村千乡市场工程 工程总投资： 117亿元
75、全国棚户区改造工程 工程总投资： 2000亿元以上
76、2008—2020年上海轨道交通规划 工程总投资： 1500亿元以上
77、2008—2020年北京轨道交通规划 工程总投资： 1700亿元以上
78、大连石化建成中国最大炼油基地 工程总投资： 107亿元
79、崇启大桥 工程总投资： 76亿元
80、成都双流机场扩建工程 工程总投资： 127亿元
81、珠三角城际轨道交通网规划 工程总投资： 1000亿元以上
82、长三角城际轨道交通网规划 工程总投资： 1500亿元以上
83、京津冀环渤海城际轨道交通网规划 工程总投资： 1000亿元以上
84、新疆喀什至和田铁路 工程总投资： 47亿元
85、上海长江隧桥（崇明越江通道）工程 工程总投资： 126亿元
86、锦屏一级、二级水电站 工程总投资： 468亿元
87、龙滩水电站 工程总投资： 243亿元
88、安徽两淮亿吨级煤炭基地 工程总投资： 700亿元
89、江西百亿斤优质稻谷增产工程 工程总投资： 318亿元
90、秦岭终南山隧道——我国最长公路隧道 工程总投资： 25亿元
91、中国十二大水电基地发展规划 工程总投资： 2万亿元以上
92、沪杭磁悬浮项目 工程总投资： 220亿元
93、振兴东北老工业基地 工程总投资： 2000亿元以上
94、广州歌剧院——钢结构复杂程度堪比鸟巢 工程总投资： 10亿元
95、上海环球金融中心 工程总投资： 70亿元
96、南京地铁二号线 工程总投资： 109亿元
97、菜篮子工程——超级菜市场计划 工程总投资： 500亿元以上
98、秦山核电二期扩建工程 工程总投资： 145亿元
99、天荒坪抽水蓄能电站 工程总投资： 136亿元
100、中央电视台总部大楼 工程总投资： 50亿元
101、三北防护林体系工程 工程总投资： 100亿元以上
102、沿海防护林工程 工程总投资： 200亿元以上
103、天津临港产业区 工程总投资： 3000亿元以上
104、天津滨海新区 工程总投资： 1万亿元以上
105、大推力火箭产业化基地 工程总投资： 45亿元
106、武汉天兴洲长江大桥 工程总投资： 110亿元
Most of which are infrastructure investment, but noteblely couple of the largest project is :
36、国家环境保护十一五规划 工程总投资： 1.53万亿元(5year plan of national enviroment protection which toltal invest are planned 1.53 trillion dollar)
70、中国可再生能源发展规划 工程总投资： 2万亿元(Project of China's reusable energy source development toltal investment: 2 trillion $)This is the 2nd largest project in the list count in toltal investment
Obviously China are determined to improve the enviromental aspect of the economical developement, which is a good news to hear.
25、四川灾后重建 工程总投资： 1.2万亿元(Rebuilding cost for SiChuan Quake disaster, toltal reinvestment: 1.2 trillion $)
and some are possibly for military application:
69、八万吨多向模锻水压机 工程总投资： 15.17亿元(Dunno how to translate this)
1、长兴岛造船基地 ——打造世界最大造船基地 工程总投资： 350亿元 (The huge shipbuilding facility project near shanghai, Chang Xin island project investment: 35 billion $ )
19、战略石油储备工程 工程总投资： 1000亿元(Strategic Oil reserve project invesment: 100 Billion$)
24、上海光源实验室——中国重大科学工程 工程总投资： 12亿元(Shanghai Lightsource Lab. Major chinese scientific project, investent: 1.2billion $)
29、海南文昌航天发射场 工程总投资： 120亿元 (New WenChang Space launch center in Hainan : 12 Billion $)
30、大飞机工程落户上海 工程总投资： 300—500亿 (China's Large Airplane project investment : 30-50 Billion $)
31、散裂中子源项目 工程总投资： 12亿元 (Neutron Fission source project : 1.2 Billion)
and there is alot more, mostly major infrastructure and scientific project, cba to translate them all.
1、长兴岛造船基地 ——打造世界最大造船基地 工程总投资： 350亿元
2、京沪高速铁路 ——世界最长的高速铁路项目 工程总投资： 2200亿元
3、北京南站——亚洲最大火车站 工程总投资： 63亿元
4、杭州湾跨海大桥——世界最长的跨海大桥 工程总投资： 160亿元
5、曹妃甸开发区——规模远超三峡工程 工程总投资： 2300亿元
6、苏通长江大桥——世界最长斜拉桥 工程总投资： 78.9亿元
7、西部大开发 ——规模宏大的系统工程 工程总投资： 8500亿元以上
8、福厦漳龙城际铁路 工程总投资： 380亿元
9、“五纵七横”国道主干线 工程总投资： 9000亿元 ——世界最大规模高速公路项目
10、中国“八横八纵”大容量光纤通信网 工程总投资： 70亿元
11、“南水北调”工程——世界最大水利工程 工程总投资： 5000亿元
12、首都国际机场T3航站楼 ——世界最大单体建筑 工程总投资： 250亿元
13、湛江东海岛：宝钢千万吨级钢铁基地 工程总投资： 690亿元
14、上海临港新城——世界最大填海造地项目 工程总投资： 1500亿元
15、上海洋山深水港——打造世界第一大港 工程总投资： 500亿元
16、中国《中长期铁路网规划》 工程总投资： 2万亿元
17、川气东送工程 工程总投资： 627亿元
18、辽宁红沿河核电站 工程总投资： 500亿元
19、战略石油储备工程 工程总投资： 1000亿元
20、武汉火车站——迈向内陆最大铁路枢纽 工程总投资： 140亿元
21、昆明新国际机场——中国第4大航空枢纽机场 工程总投资： 231亿元
22、海南电网跨海工程 工程总投资： 22亿元
23、天津百万吨乙烯项目 工程总投资： 268亿元
24、上海光源实验室——中国重大科学工程 工程总投资： 12亿元
25、四川灾后重建 工程总投资： 1.2万亿元
26、丝绸之路复兴计划 工程总投资： 430亿美元
27、中国第二大水电站——溪洛渡水电站 工程总投资： 792亿元
28、中国第三大水电站——向家坝水电站 工程总投资： 434亿元
29、海南文昌航天发射场 工程总投资： 120亿元
30、大飞机工程落户上海 工程总投资： 300—500亿
31、散裂中子源项目 工程总投资： 12亿元
32、世界最大500米口径球面射电望远镜 工程投资额： 6.27亿元
33、沪蓉高速公路（上海至成都） 工程总投资： 1700亿元
34、宁夏宁东能源化工基地 工程总投资： 1000亿元
35、港珠澳大桥 工程总投资： 700亿元
36、国家环境保护十一五规划 工程总投资： 1.53万亿元
37、甘肃酒泉——世界最大风力发电基地 工程总投资： 1200亿元
38、武广高速铁路 工程总投资： 1168亿元
39、广州新火车站 工程总投资： 180亿元
40、《全国民用机场布局规划》 工程总投资： 4500亿元
41、上海虹桥交通枢纽 工程总投资： 360亿元
42、哈大高速铁路 工程总投资： 923亿元
43、天津海上油田开采装备基地 工程总投资： 220亿元
44、陕北能源化工基地 工程总投资： 900亿元
45、中石化伊朗亚达瓦兰油田 工程总投资： 20亿美元
46、中石油苏丹石油项目 工程总投资： 70亿美元
47、中石油尼日尔石油项目 工程总投资： 50亿美元
48、非洲加蓬贝林加铁矿 工程总投资： 27亿美元
49、中国十一五国家电网建设规划 工程总投资： 12150亿元
50、十一五西藏公路交通规划 工程总投资： 430亿元
51、中国承建尼日利亚铁路现代化项目 工程总投资： 83亿美元
52、中国承建利比亚沿海铁路项目 工程总投资： 26亿美元
53、俄罗斯波罗的海明珠工程 工程总投资： 13亿美元
54、中国承建阿尔及利亚东西高速公路项目 工程总投资： 70亿美元
55、亚洲公路网——23国联手打造的超级工程 工程总投资： 440亿美元
56、广西钦州千万吨级炼油项目 工程总投资： 152亿元
57、上海中心大厦——中国第一高楼 工程总投资： 70亿元
58、四川宣汉普光特大气田 工程总投资： 700亿元
59、浙江沿海铁路大通道 工程总投资： 162亿元
60、攀钢集团一万吨钛合金生产线 工程总投资： 10亿元
61、西电东送工程——世界最大电力项目 工程总投资： 5265亿以上
62、中国载人航天工程 工程总投资： 300亿元
63、2010年上海世界博览会 工程总投资： 400亿元
64、广州南沙龙穴造船基地 工程总投资： 45亿元
65、浙江三门核电项目 工程总投资： 800亿元
66、广东阳江核电站项目 工程总投资： 80亿美元
67、山东烟台海阳核电站项目 工程总投资： 600亿元
68、武汉过江地铁工程 工程总投资： 149亿元
69、八万吨多向模锻水压机 工程总投资： 15.17亿元
70、中国可再生能源发展规划 工程总投资： 2万亿元
71、农村“村村通”工程 工程总投资： 1万亿元以上
72、农村节水灌溉工程 工程总投资： 300亿元以上
73、农村电影放映工程 工程总投资： 10亿元
74、万村千乡市场工程 工程总投资： 117亿元
75、全国棚户区改造工程 工程总投资： 2000亿元以上
76、2008—2020年上海轨道交通规划 工程总投资： 1500亿元以上
77、2008—2020年北京轨道交通规划 工程总投资： 1700亿元以上
78、大连石化建成中国最大炼油基地 工程总投资： 107亿元
79、崇启大桥 工程总投资： 76亿元
80、成都双流机场扩建工程 工程总投资： 127亿元
81、珠三角城际轨道交通网规划 工程总投资： 1000亿元以上
82、长三角城际轨道交通网规划 工程总投资： 1500亿元以上
83、京津冀环渤海城际轨道交通网规划 工程总投资： 1000亿元以上
84、新疆喀什至和田铁路 工程总投资： 47亿元
85、上海长江隧桥（崇明越江通道）工程 工程总投资： 126亿元
86、锦屏一级、二级水电站 工程总投资： 468亿元
87、龙滩水电站 工程总投资： 243亿元
88、安徽两淮亿吨级煤炭基地 工程总投资： 700亿元
89、江西百亿斤优质稻谷增产工程 工程总投资： 318亿元
90、秦岭终南山隧道——我国最长公路隧道 工程总投资： 25亿元
91、中国十二大水电基地发展规划 工程总投资： 2万亿元以上
92、沪杭磁悬浮项目 工程总投资： 220亿元
93、振兴东北老工业基地 工程总投资： 2000亿元以上
94、广州歌剧院——钢结构复杂程度堪比鸟巢 工程总投资： 10亿元
95、上海环球金融中心 工程总投资： 70亿元
96、南京地铁二号线 工程总投资： 109亿元
97、菜篮子工程——超级菜市场计划 工程总投资： 500亿元以上
98、秦山核电二期扩建工程 工程总投资： 145亿元
99、天荒坪抽水蓄能电站 工程总投资： 136亿元
100、中央电视台总部大楼 工程总投资： 50亿元
101、三北防护林体系工程 工程总投资： 100亿元以上
102、沿海防护林工程 工程总投资： 200亿元以上
103、天津临港产业区 工程总投资： 3000亿元以上
104、天津滨海新区 工程总投资： 1万亿元以上
105、大推力火箭产业化基地 工程总投资： 45亿元
106、武汉天兴洲长江大桥 工程总投资： 110亿元
Most of which are infrastructure investment, but noteblely couple of the largest project is :
36、国家环境保护十一五规划 工程总投资： 1.53万亿元(5year plan of national enviroment protection which toltal invest are planned 1.53 trillion dollar)
70、中国可再生能源发展规划 工程总投资： 2万亿元(Project of China's reusable energy source development toltal investment: 2 trillion $)This is the 2nd largest project in the list count in toltal investment
Obviously China are determined to improve the enviromental aspect of the economical developement, which is a good news to hear.
25、四川灾后重建 工程总投资： 1.2万亿元(Rebuilding cost for SiChuan Quake disaster, toltal reinvestment: 1.2 trillion $)
and some are possibly for military application:
69、八万吨多向模锻水压机 工程总投资： 15.17亿元(Dunno how to translate this)
1、长兴岛造船基地 ——打造世界最大造船基地 工程总投资： 350亿元 (The huge shipbuilding facility project near shanghai, Chang Xin island project investment: 35 billion $ )
19、战略石油储备工程 工程总投资： 1000亿元(Strategic Oil reserve project invesment: 100 Billion$)
24、上海光源实验室——中国重大科学工程 工程总投资： 12亿元(Shanghai Lightsource Lab. Major chinese scientific project, investent: 1.2billion $)
29、海南文昌航天发射场 工程总投资： 120亿元 (New WenChang Space launch center in Hainan : 12 Billion $)
30、大飞机工程落户上海 工程总投资： 300—500亿 (China's Large Airplane project investment : 30-50 Billion $)
31、散裂中子源项目 工程总投资： 12亿元 (Neutron Fission source project : 1.2 Billion)
and there is alot more, mostly major infrastructure and scientific project, cba to translate them all.
Interesting observation here. "Tom Halfhill, a senior analyst at In-Stat, said the goal of a petaflop computer in 2010 might be realistic. "Why would they set a target they don't think they can achieve? That would only embarrass them," he said.
Its a principle China watchers should abide for studying things in China in general.
***
China has stepped up investment in its homegrown Godson microprocessor and hopes to build its first petaflop-class supercomputer using the chip in 2010, one of the country's senior engineers said on Tuesday.
China made a decision 20 years ago not to invest in microprocessor development, and it was only in 2001 that it reversed course and began to make a serious effort in this area. As a result, its technology trails far behind that of world leaders like Intel, Advanced Micro Devices and IBM.
But China has now made a long-term commitment to Godson and since 2006 has increased funding for it "quite a lot," said Zhiwei Xu, CTO of the Institute of Computing Technology at the Chinese Academy of Sciences.
The country still lags behind its international rivals in chip development but is doing its best to catch up, he said in a presentation at the Hot Chips conference in Palo Alto, California.
China has produced four Godson processors, the latest being the Godson 2f. It struck a deal last year with STMicroelectronics to manufacture and sell the chips, and they are now used by 40 companies in set-top boxes, laptops and other products, Xu said. The commercial name for the chips is Loongson.
Next month China will complete the design of a new version of the chip, the Godson 2g, which integrates more functionality on the silicon. Next year it hopes to include graphics capabilities on the same silicon as the main processor, much as AMD and Intel are doing today.
China is also hard at work on the Godson 3, which is aimed primarily at servers and will be the first Godson to use a multi-core design. A version of the chip due in 2009 will have four general-purpose cores, and four specialized cores for tasks like scientific computing. The general-purpose cores will run at 1GHz and be similar to those on the Godson 2, Xu said.
China hopes the Godson 3 will allow it to build a high-performance computer in 2010 that can perform at one petaflop per second, Xu said. That would match the IBM system based on an advanced Cell processor that led this year's Top500 list of the world's fastest supercomputers.
Asked after his speech if the goal is realistic, Xu said, "it's possible, but it will be hard." Besides developing the system, China will have to find markets to sell it to, he noted. The U.S. is skittish about buying Chinese equipment for government-related work for security reasons.
Godson's use in PCs has been held back by the fact that it is based on a MIPS core, as opposed to the x86 design used by Intel and AMD. To run Windows it has to use translation software to achieve x86-compatibility, and the Godson loses a lot of its native MIPS power in the process.
The Godson 3 adds new instructions that speed the x86-to-MIPS translation by a factor of 10, Xu said. "Our goal is to eventually reach 80 percent of the native MIPS performance," he said. "Right now we are at 40 percent, so we have a long way to go."
Tom Halfhill, a senior analyst at In-Stat, said the goal of a petaflop computer in 2010 might be realistic. "Why would they set a target they don't think they can achieve? That would only embarrass them," he said.
Halfhill was given an overview of the Godson in Beijing about two years ago. China was developing applications to run on Godson PCs, he said, including productivity software based on OpenOffice.
With its huge population, China can become a significant player in the microprocessor market even if it sells only domestically, he said.
"What China wants to do is develop its own technologies so that its manufacturers aren't dependent on paying licenses and other fees to other countries," he said.""
Its a principle China watchers should abide for studying things in China in general.
***
China has stepped up investment in its homegrown Godson microprocessor and hopes to build its first petaflop-class supercomputer using the chip in 2010, one of the country's senior engineers said on Tuesday.
China made a decision 20 years ago not to invest in microprocessor development, and it was only in 2001 that it reversed course and began to make a serious effort in this area. As a result, its technology trails far behind that of world leaders like Intel, Advanced Micro Devices and IBM.
But China has now made a long-term commitment to Godson and since 2006 has increased funding for it "quite a lot," said Zhiwei Xu, CTO of the Institute of Computing Technology at the Chinese Academy of Sciences.
The country still lags behind its international rivals in chip development but is doing its best to catch up, he said in a presentation at the Hot Chips conference in Palo Alto, California.
China has produced four Godson processors, the latest being the Godson 2f. It struck a deal last year with STMicroelectronics to manufacture and sell the chips, and they are now used by 40 companies in set-top boxes, laptops and other products, Xu said. The commercial name for the chips is Loongson.
Next month China will complete the design of a new version of the chip, the Godson 2g, which integrates more functionality on the silicon. Next year it hopes to include graphics capabilities on the same silicon as the main processor, much as AMD and Intel are doing today.
China is also hard at work on the Godson 3, which is aimed primarily at servers and will be the first Godson to use a multi-core design. A version of the chip due in 2009 will have four general-purpose cores, and four specialized cores for tasks like scientific computing. The general-purpose cores will run at 1GHz and be similar to those on the Godson 2, Xu said.
China hopes the Godson 3 will allow it to build a high-performance computer in 2010 that can perform at one petaflop per second, Xu said. That would match the IBM system based on an advanced Cell processor that led this year's Top500 list of the world's fastest supercomputers.
Asked after his speech if the goal is realistic, Xu said, "it's possible, but it will be hard." Besides developing the system, China will have to find markets to sell it to, he noted. The U.S. is skittish about buying Chinese equipment for government-related work for security reasons.
Godson's use in PCs has been held back by the fact that it is based on a MIPS core, as opposed to the x86 design used by Intel and AMD. To run Windows it has to use translation software to achieve x86-compatibility, and the Godson loses a lot of its native MIPS power in the process.
The Godson 3 adds new instructions that speed the x86-to-MIPS translation by a factor of 10, Xu said. "Our goal is to eventually reach 80 percent of the native MIPS performance," he said. "Right now we are at 40 percent, so we have a long way to go."
Tom Halfhill, a senior analyst at In-Stat, said the goal of a petaflop computer in 2010 might be realistic. "Why would they set a target they don't think they can achieve? That would only embarrass them," he said.
Halfhill was given an overview of the Godson in Beijing about two years ago. China was developing applications to run on Godson PCs, he said, including productivity software based on OpenOffice.
With its huge population, China can become a significant player in the microprocessor market even if it sells only domestically, he said.
"What China wants to do is develop its own technologies so that its manufacturers aren't dependent on paying licenses and other fees to other countries," he said.""
Made in China: The Godson Processor
Not to be left behind in the microprocessor business, China is working on a low-power MIPS-based processor with x86 emulation.
August 26, 2008
By Andy Patrizio: More stories by this author:
PALO ALTO, Calif. -- The 20th annual HOT CHIPS conference at Stanford University is an academic show, not a vendor-driven one. That means the biggest guns share the stage with the littlest pistols; and it gives the little guys a chance to shine.
In this case, a Chinese processor project found itself sandwiched between presentations from AMD and Intel, with its own unique story to tell.
The Chinese Academy of Sciences is a nationally-funded institution with five main areas of focus, one of which is technology. Within that area is the Institute for Computing Technology, which designed the Godson processor, a project that began in 2001.
China decided to support microprocessors because it has come to realize CPU design is important and one of national strategic importance, said Zhiwei Xu, chief technology officer and a professor at the institute during his speech here.
Now on its third generation of Godson, the ICT has managed to triple performance with each generation, although he admitted it still has a long way to go to close the gap with giants like Intel (NASDAQ: INTC), AMD (NYSE: AMD) and IBM (NYSE: IBM), but added "we are doing our best to join the international community."
Godson-2 and 3 are scalable 64-bit single core processors built on 90 nanometer design. They are instruction-compatible with the MIPS III processor architecture, and Xu said the company has a license from MIPS for such compatibility. The operating system of choice for Godson-powered computers, said Xu, is Linux.
The current Godson-2 generation, E and F, are both 1Ghz processors, consuming from 3 to 7 watts of power. Godson-2E has an on-chip DDR (define) controller while Godson-2F has an on-chip DDR2 (define) controller. A Godson-2G and –2H are also planned for computers as well as System on a Chip (SoC) designs.
Xu then introduced the Godson-3 design, which will be a four-core, 1.0Ghz chip on a 65nm process design and consume just 10 watts of power. The core will be reconfigurable into one of two purposes and it will have on-the-fly x86 binary translation, which Xu said would be ten times as fast as software-only emulation.
The x86 compatibility still needs work. The goal is to reach 80 percent of the native MIPS performance. Currently, it's between 48 and 58 percent, according to Xu.
Godson-3 can be reconfigured into one of two designs: general purpose core, and multipurpose core. The general purpose core is just as the name implies, and does more x86 emulation, media acceleration, and general processing. The multipurpose core is for LINPACK programming, a Fortran-style of processing, biological and digital signal processing.
Godson-3 will use a crossbar and mesh interconnect to support rapid communication between the cores. Xu said the processor would be capable of 16 gigaflops at 1Ghz, which is a pretty good showing at that speed. It would put it at a comparable performance range to Intel's mass market quad core processors.
In 2009, ICT hope to introduce an eight-core processor that is essentially a multi-chip module like Intel's quad core Xeons, which are two dual core processors on one die. It will also be a combination of general purpose and multipurpose cores, rather than all of one style like the four core chip.
This will bump the power draw to 20 watts, still far lower than any other eight-core processor. The ultimate goal, said Xu, is to build a petaflop (define) computer running Godson-3 by 2010.
China considers 54-billion-dollar stimulus plan: state media
China is considering a 54-billion-dollar stimulus plan involving tax cuts and government spending, state media said Monday, in another sign that boosting the economy is becoming a priority.
The 370-billion-yuan proposal, which has yet to be finalised, includes 220 billion yuan in fiscal spending and 150 billion yuan in tax cuts, according to the Economic Observer, a weekly newspaper.
News of the plan follows a slowdown in Chinese economic expansion, which some experts fear could intensify following the end of the Olympics in Beijing.
There are also concerns about the Asian giant's export engine as US growth struggles and recession looms over both Japan and the Eurozone.
"The report does have a great deal of credibility," said Shanghai-based Oriental Securities economist Feng Yuming.
"The central government is beyond the point where it is satisfied merely with a 'wait-and-see' attitude. Now we're seeing some action."
Chinese economic growth slowed to 10.4 percent in the first half from 11.9 percent for all of 2007, partly because of a deceleration in export growth.
Recent data showed China's trade surplus declined 9.6 percent in the first seven months of 2008 from the same period last year, confirming the impact of the US-led global economic slowdown.
The Central Financial Leading Group, which is composed of senior officials from various government agencies, supports the stimulus plan but it still needs to be submitted to the State Council, or cabinet, the Economic Observer said.
The proposal is meant to "give the economy some breathing room" following a slowdown after monetary tightening, the report said, adding that the Ministry of Finance is to work out the plan's details.
The report comes after JPMorgan Chase economist Frank Gong said in a note last week that Beijing was mulling an economic stimulus package of up to 400 billion yuan to boost growth.
China could in principle spur growth by cutting interest rates too, but fiscal measures have certain advantages that may be attractive to policymakers in Beijing, economists argued.
"Fiscal measures work relatively fast, while monetary policies tend to have an impact on the economy only after a time lag," said Feng.
The question remains whether China has the resources to embark on an ambitious new programme of spending.
"Government coffers me be a bit under pressure in the second half of the year," said He Jun, an economist with Beijing-based consulting firm Anbound Group.
He pointed out costs such as spending on relief efforts for the victims of the devastating earthquake in southwest China's Sichuan province in May.
However, any new measures will mainly be fine-tuning and drastic policy changes are not necessary, Fan Jianping, a researcher with the State Information Centre, a government think tank, said in remarks published Monday.
There have been positive changes in trade, retail sales and investment figures "so there is no need to be drastic in macroeconomic control in the second half of the year," Fan told the official China Securities Journal.
antimatter
Banned Idiot
crobato;86849 Made in China: The Godson Processor [/QUOTE said:
MIPS architecture is used on anything from Silicon Graphics Unix workstations to game consoles like the Playstation 1 and 2. There are so many uses to it, including military ones. But then so is just about every other major RISC architecture family like SPARC and PowerPC.
RedMercury
Junior Member
I think the direction of development was well chosen. There is no point trying to compete directly with Intel on desktop and high-performance consumer processors right now, rather, go after the up and coming market of low-power mobile general purpose processors. This will make computing available to more Chinese and also makes sense from a military point of view.
Interesting tidbit about the capability to dedicate cores to linear algebra. While it may not be as fast as FPGA, having it on the same chip as a general-purpose processor, and maybe in the future having the entire system on a chip, makes a general-purpose + fast linear algebra processor very compact and almost perfect for use in guidance and sensor systems. Even if it won't be as fast as FPGA, it would be quite versatile and probably much easier to integrate.
Interesting tidbit about the capability to dedicate cores to linear algebra. While it may not be as fast as FPGA, having it on the same chip as a general-purpose processor, and maybe in the future having the entire system on a chip, makes a general-purpose + fast linear algebra processor very compact and almost perfect for use in guidance and sensor systems. Even if it won't be as fast as FPGA, it would be quite versatile and probably much easier to integrate.