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LOS ANGELES, May 29 (Xinhua) -- Nineteen percent of
BEIJING, May 24 (Xinhuanet) -- Facebook founder Mark Zuckerberg welcomed more kids to join in the social network site, according to International Business Times reports on Monday.He made this comment in the NewSchools Summit in California.Zuckerberg said Facebood can help young kids to learn from each other and acquire more knowledge about using the internet."That will be a fight we take on at some point," Zuckerberg said, "My philosophy is that for education you need to start at a really, really young age." At the moment, Facebook officially does not allow the children younger than 13 to sign up, since the Children's Online Privacy Protection Act (COPPA) forbids children under 13 from joining an online service which collects user information data.However it recently revealed that 7.5 million Facebook users were younger than that, accoding to a study released last week by Consumer Reports.Some experts suggested Facebook may not be in any position to provide that education in its current form. "The lessons of digital citizenship have to start young, but I don't feel that Facebook is the venue to have those lessons occur. A lot of missteps happen on that site without a lot of coaching." said Dr. Gwenn O'Keeffe, an expert on young children's education.
HAIKOU, Jan. 28 (Xinhua) -- China's aviation authorities on Friday started to allow helicopters to fly in low-altitude airspace over the tourist island of Hainan on a trial basis for the first time. The aim is to eventually open a part of the country's tightly-controlled airspace to private aircraft.Four helicopters were manned by eight pilots from Shanghai-based Zhengyang Investment Group, a leading domestic firm in the general aviation industry. They are expected to conduct test flights in the sky, 1,000 meters above the ground in Hainan in the next two months.The flight test will collect data for low-altitude flying and test the ground control system's response to emergencies, said Zou Jianming, chairman of Zhengyang Investment Group.Hainan is the first place in China to conduct test flights of private aircraft in low-altitude airspace, said Jiang Sixian, deputy governor of the province. Domestic and foreign firms are both welcome to invest in Hainan's general aviation sector to develop world-class tourism here.China's low-altitude airspace is controlled by the Air Force and the Civil Aviation Administration of China (CAAC). Every private aircraft flight needs approval, and the procedure can take from one day up to a week.But last November, the State Council and the Central Military Commission said that part of the low-altitude airspace would be opened to promote the country's general aviation sector, including the purchase and use of private planes.General aviation refers to the part of the aviation industry that excludes flights for military, law enforcement and public transport. China has only 900 aircraft, 80 airports and fewer than 10,000 pilots in the general aviation segment.The market for general aviation in China is valued at only 13 billion yuan (1.98 billion U.S. dollars) but is expected to grow by 15 percent annually until 2020, Hainan aviation officials said.
NEW YORK, May 27 (Xinhua) -- U.S. stocks expanded gains on Friday ahead of the long Memorial Day weekend as surging commodity prices overcame disappointing economic data.European Central Bank Governing Council member George Provopoulos said that Greece might deal with its debt problem if it sticks to the aid program. That comment, which was considered as bullish by investors, drove the U.S. dollar weaker and led commodity prices surge on Friday.The stock market was driven by higher commodities prices, with thin trading volume ahead of the Memorial Day holiday, despite somewhat disappointing economic data on Friday.The Commerce Department said that both personal income and spending rose 0.4 percent in April, in line with market estimates. However, the rise in spending was the smallest in three months, suggesting the consumption situation was still weak.Meanwhile, pending home sales dropped 11.6 percent in April. The reading was a seven-month low. The market expectation was a drop of 1 percent.Moreover, the Thomson Reuters/University of Michigan Consumer Sentiment index came in above analysts' estimates. Concerns about higher gas prices and inflation had knocked the gauge down in March and April.Despite those disappointing data, analysts still held a bullish view toward the stock market. "Despite our near-term caution, we continue to see the S&P 500 reaching 1400 over the coming year," Alec Young, equity strategist of S&P Equity Research told Xinhua.According to Alex, while recent macro headwinds were raising questions about the sustainability of recent earnings momentum, he still believed that a downside trend of market was fairly limited and that the current weakness is more likely to be a correction, rather than the beginning of a new bear market."In our view, 2011 estimated EPS would have to be excessively optimistic to justify a bear market,"he added.The Dow Jones industrial average added 38.82 points, or 0.31 percent, to 12,441.58. The Standard & Poor's 500 was up 5.41 points, or 0.41 percent, to 1,331.10. The Nasdaq Composite Index rose 13.94 points, or 0.50 percent, to 2,796.86.
BEIJING, Jan. 22 (Xinhua) -- Chinese President Hu Jintao has just ended his four-day landmark visit to the United States.During the visit, both sides agreed to build a China-U.S. cooperative partnership based on mutual respect and mutual benefit, which is to lead the development of bilateral ties in the future.It is widely believed that, in the new era, China and the United States need to enhance their political and economic relations, as well as boost cooperation in regional and international affairs.In order to achieve that, observers from across the world hold that the key lies in common actions.BLUEPRINT FOR BILATERAL RELATIONSReiterating their commitment to developing a positive, cooperative and comprehensive China-U.S. relationship as they agreed in 2009, Chinese and U.S. leaders also vowed to build "a cooperative partnership based on mutual respect and mutual benefit", during Hu's visit to Washington.The two terms showed a kind of progress which represented the increasing common interests and mutual need of the two sides over the recent period, as well as more and more challenges that required the joint efforts of the largest developed and developing countries, Chinese Vice Foreign Minister Cui Tiankai said.Yuan Peng, director of the America Studies of China Institute for Contemporary International Relations (CICIR), said the new expression of bilateral ties was positive, objective and pragmatic.As the deepening and development of the previous expression, the new term was a highlight of President Hu's U.S. visit, Yuan said.The joint statement issued by both sides during Hu's stay, which is built upon bilateral efforts to establish the cooperative partnership based on mutual respect and mutual benefit, is a clear reflection of the two countries' resolution and pragmatic attitude in jointly meeting global challenges, according to Chen Kang, professor at Lee Kuan Yew School of Public Policy at the National University of Singapore.In a nutshell, every word matters in the new expression.As "mutual respect" urges both China and the United States to respect each other's core interests and path of development, "mutual benefit" means that both countries are expected to achieve a win-win situation rather than a win-lose one, and bring about common prosperity."Partnership," meanwhile, shows that the two powers, instead of being rivals, are closely linked with each other in actions to cope with regional and international issues.Fu Mengzi, a researcher with the Beijing-based CICIR, told Xinhua, while every country attached great importance to their own national interest, their respective interests were neither unilateral nor absolute."When seeking its own interest, a country should meanwhile take into consideration the interest and major concerns of other countries," Fu said, adding that only by so doing could a win-win result rather than a zero-sum relationship be achieved.