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John Bellamy Foster, a professor of sociology at the University of Oregon, quotes the Asian Development Bank in his book "The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China." He wrote, "Chinese workers that assemble iPhones for Foxconn, which subcontracts for Apple (in China), are paid wages that only represent 3.6 percent of the final total manufacturing cost (shipping price), contributing to Apple's huge 64 percent gross profit margin over manufacturing cost on iPhones."

The Chinese leader also suggested that the two sides support each other in hosting later this year the Beijing Summit of the Forum on China-Africa Cooperation and the Johannesburg Summit of the emerging-market bloc of BRICS, which also groups Brazil, Russia and India.

During the forum, Liu met with Vincent Siew, president of the Taiwan-based council of the summit, and its vice president Chiang Pin-kung.

"As China is building itself into a financial power, the financial literacy level of consumers is critical to the healthy development of the capital market," said Zhou Baoluo, chairman of Junior Achievement (JA) China, a non-profit organization with 25 years of experience in financial literacy education in China.

To this end, the CAS initiated a five-year strategic priority research program, "Climate Change: Carbon Budget and Relevant Issues", in January 2011. Under the program, a research team was set up to study the impacts of climate change and human activities on the structure and functioning of ecosystems, with an emphasis on quantifying the magnitude and distribution of ecosystem carbon pools and sequestration in China's terrestrial ecosystems.