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BEIJING, Dec. 28 (Xinhuanet) -- China started to run its own satellite positioning system, Beidou, on Tuesday as the country climbed the global tech ladder and challenged the monopoly of the West. Beidou, or Big Dipper, the domestic version of the US Global Positioning System (GPS), started providing navigation, positioning and timing data on a pilot basis to China and the neighboring area for free on Tuesday, Ran Chengqi, director of the China Satellite Navigation Office, said. The system, with 10 orbiting satellites, covers an area from Australia in the south to Russia in the north. Signals can reach the Xinjiang Uygur autonomous region in the west and the Pacific Ocean in the east, Ran said. With six more satellites to be launched next year, the system will cover a wider area and eventually the entire globe by 2020 with a constellation of 35 satellites, he said. The accuracy of the positioning service will also improve as more satellites orbit. During the trial run Beidou can offer positioning to within 25 meters but when the system is officially launched next year accuracy will be enhanced to within 10 meters, he said. With the system operational China is the third member of an elite group, along with the US and Russia, to develop a satellite navigation system. The US spent 20 years and more than billion on the GPS. Completed in 1994, the system has 24 navigation satellites and is widely used around the world. Beidou has its own unique features, Ran said. "It not only tells users where they are and what time it is but also allows users to tell others the information through short messages," Ran said, adding that this feature is being considered by other systems. Russia's Glonass system achieved a 24-satellite constellation in 1996 but succumbed to funding problems. The rebuilding of the Glonass system is almost finished and Russian media reported that the system resumed service earlier this month. The European Union and the European Space Agency are building the Galileo satellite navigation system. Japan and India also intend to build independent regional navigation systems. "Countries build their own systems because owning an independent satellite navigation system is important to economic development and national security," said Pang Zhihao, deputy editor-in-chief of the monthly publication Space International. There have long been concerns that the US might take its dominant GPS offline in certain international emergencies. Ran said that the Beidou system will be "helpful" to national defense. An "independent and controllable" satellite navigation system can guarantee national economic development as well as scientific and industrial strength, he said. China started to reduce its reliance on the GPS in 2000, when it sent an experimental pair of positioning satellites into orbit. But Ran stressed that Beidou is "built for the world", as the compatibility of various systems enhances reliability for users. "If you only use GPS there will be blind spots. But from demonstrations I saw recently, receivers that are compatible with Beidou will overcome these problems," he said. He encouraged enterprises at home and abroad to join the research and development of application terminals compatible with Beidou. The office put a test version of the system's Interface Control Document online on Tuesday, which is a technical document vital for the manufacturing and development of receivers and chips. The prospects for the country's satellite navigation industry look bright, experts said. Analysts estimated that around 2020 the industry's output will reach 0 billion globally, including 400 billion yuan ( billion) to 500 billion yuan from China. According to the 2011 Report on Application of Geosaptial Information in China released on Monday, the number of satellite navigation application terminals in China has grown from less than 100,000 in 2000 to more than 10 million in 2009. The number is expected to reach 340 million by 2015. An insider said a compatible receiver for car use costs 1,600 yuan to 3,000 yuan, higher than a GPS receiver. "Chips supporting both GPS and Beidou systems have been developed, and terminals have been produced. There are no technical hurdles for the industry," said Han Shaowei, CEO of Beijing-based Unicore Communications Inc, a major navigation chip and core component provider. Beidou application terminals have been put into use in vehicles, such as government cars in Guangdong province. Ran said that private terminal makers in Guangdong are testing their receivers on the road, and the products seem stable. "The price of the compatible terminals is expected to be slashed next year," he said.
BEIJING, Dec. 14 (Xinhua) -- China's new yuan-denominated lending in November rose 7.8 billion yuan (1.2 billion U.S. dollars) year-on-year to 562.2 billion yuan, the People's Bank of China, the central bank (PBOC), announced Wednesday.New loans in the month were smaller compared to that in October, which stood at 586.8 billion yuan.By the end of November, the outstanding broad money supply (M2), which covers cash in circulation and all deposits, rose 12.7 percent year-on-year to 82.55 trillion yuan, according to data released by the PBOC.Meanwhile, the narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, increased 7.8 percent year-on-year to 28.14 trillion yuan by the end of last month, the figures showed.New yuan deposits last month fell sharply to 324.7 billion yuan, down 262.6 billion yuan year-on-year. Outstanding yuan-denominated deposits totaled 79.51 trillion yuan as of the end of last month, up 13.1 percent year-on-year, however, the growth rate was 6.5 percentage points lower compared to the same period last year.Meanwhile, outstanding foreign currencies-denominated deposits stood at 266.8 billion U.S. dollars, up 12.9 percent year-on-year. New deposits of foreign currencies rose 4.1 billion U.S. dollars year-on-year.

SAN FRANCISCO, Jan. 13 (Xinhua) -- Google seems to get no blessings for a good start for its New Year resolutions as the Internet search giant got an earful of complaints about its new social search service and felt mortified by a customer-poaching scandal in its Kenyan division.On Tuesday, Google announced "search plus your world" to deliver personalized search results by embedding its social service Google+ to its search engine.Although Google called it as "a beautiful journey begins," competitors and industry watchers said it was "a bad day for the Internet." They accused the company of using its dominant search engine to promote its own social networking site by giving Google+ pages and profiles an artificially prominent position in search results.The search giant first had a public bickering with Twitter which issued a statement on Tuesday saying that "As we've seen time and time again, news breaks first on Twitter. We're concerned that as a result of Google's changes, finding this information will be much harder for everyone."Google on Wednesday made a statement on its official Google+ page, saying that "We're a bit surprised by Twitter's comments because they chose not to renew their agreement with us last summer." The agreement, in which Twitter gave Google access to public tweets, expired last July and was not renewed.Twitter fired back by demonstrating the inefficiency of the new Google search feature. Twitter general counsel Alex Macgillivray tweeted a page of Google search results for the search term "@WWE" which did not include World Wrestling Entertainment's Twitter page, but Google+ page.Macgillivray noted that with 792,642 followers on Twitter compared with 24,900 followers on Google+, WWE's Twitter page is a more relevant social source than Google page and should be presented in Google's search results.Facebook, Google+'s major rival, has been remaining silent this week publicly while its employees criticized Google's moves in public status updates. Several prominent Facebook engineers and directors shared a tech blog about switching default search engine to Microsoft's Bing after "Google broke itself."Facebook has been working with Microsoft to allow Bing to reveal more personalized content.Industry watchers are also crying foul at the privacy and antitrust concerns raised by the new search feature. Search Engine Land, a tech blog closely following Google's news, posted several examples of how Google favors its own social networking service.Industry watchdog Electronic Privacy Information Center told the Los Angeles Times that the group is considering filing a complaint with the U.S. Federal Trade Commission (FTC). The organization once made the complaint that resulted in Google's settlement with the FTC last year that requires the Mountain View, California-based company to submit to external audits of their privacy practices every other year.On Friday, a Kenyan business directory startup Mocality said that Getting Kenyan Businesses Online, a Google-backed initiative to give small businesses free websites for one year, routinely accessed Mocality's database to obtain sales leads.The Search giant's Kenyan division called Mocality customers to pitch Google's alternative service, claiming they have had a partnership with Mocality. Mocality CEO Stefan Magdalinski said there is no such partnership.In a statement sent to the U.S. media, Google said it is " mortified" to learn that a team representing Google improperly used Mocality's data and misrepresented their relationship with the Kenyan company, noting that it "unreservedly apologized to Mocality" and is still investigating the issue.On Monday, BBC revealed that Google admitted profiting from advertisements of illegal websites selling drugs, fake passports and unauthorized tickets for the 2012 Olympics.The ads had been removed by Google after they were brought to the company's attention, but the search giant told BBC that the company "keeps any money it might make from companies advertising illegal services before such ads are removed."Meanwhile, on Thursday, Microsoft announced it has signed a patent licensing agreement with LG Electronics on the manufacturer 's devices running Google Android platform, leaving Motorola Mobility the only major Android-powered device maker that refuses to strike a deal with Microsoft.After the announcement, Microsoft's directors have been taking to Twitter to taunt Google as the two companies had a history of public back-and-forth. But so far, it appeared that Google didn't have time to needle back.
BEIJING, Nov. 5 (Xinhua) -- China said Saturday that positive and balanced outcomes were achieved at the sixth summit of the Group of Twenty (G20) held earlier this week in the southern French city of Cannes."All the sides were committed at the summit to further coordinating their macro-economic policies, stabilizing the financial market, prompting economic growth, improving global economic governance and working together to maintain the hard-won momentum of the economic recovery," said Ma Zhaoxu, spokesman of the Chinese delegation after President Hu Jintao returned from Cannes, where Hu and the leaders of other G20 members' met to tackle major issues affecting global economic recovery and financial stability.The Chinese spokesman mentioned the Declaration, the Communique and the Action Plan issued after the meeting as "three outcome documents" of the G20 Cannes summit.Ma said priority was given to the European sovereign debt issue at the meeting."All the sides noted that the European Union has recently put forward a new series of measures and ideas to address the sovereign debt issue and hope that these measures will help Europe to stabilize the financial market, overcome the current difficulties and spur the economic recovery and development," he said.The Cannes Action Plan approved at the summit was meant to coordinate the macro-economic policies of all the members to endorse economic recovery and summon market confidence, said the spokesman. "It (the passage of the Action Plan) fully displays the resolution of the G20 to work hand in hand to promote a robust, sustainable and balanced world economy."Ma also hailed the "important consensus" reached at the summit in terms of the reform of the international monetary and financial system, the vibration of commodity price, international trade and development among others."It was emphasized at the summit that to address the issue of development is a key task to advance the global economic recovery and growth in the future," he said.Ma said emerging economies played an "important and constructive" role during the G20 summit.The continuing economic growth of emerging nations have injected vitality into the stability and recovery of the world economy as the international financial market is striving in turmoil, he said.Developing countries, represented by the emerging ones in the G20, have become constructive participants of global economic governance, said the spokesman, "which is a great progress of the era and indicates an in-depth readjustment and a historic change in the international economic order," he added.
BEIJING, Jan. 1 (Xinhua) -- State Grid Corporation of China (SGCC), the country's largest power supplier, said Sunday it has put to trial operation a cross-border electricity transmission project in northeastern Heilongjiang province to supply Chinese with Russia's electric power exports.The electric power SGCC purchased from Russia began reaching Chinese customers late Saturday night after the completion of the direct-current back-to-back networking substation, or called "the trans-Amur project" by Russians, SGCC said in a statement on its website.The trial operation will last 168 hours, SGCC said in the statement.With a transmission capacity of 750 mega-watts, the electricity transmission project is China's biggest cross-border power line, according to SGCC."The implementation of the project will gain experience for the expansion of Sino-Russian energy cooperation and help promote the economic development for both countries," SGCC said.The project is also part of the Sino-Russian energy and trade cooperation.Russian Deputy Energy Minister Andrei Shishkin said in June 2011 that the transmission project would increase Russia's power supply to five or six billion kilowatt hours of electricity to China and Russia intended to increase its electricity supply to China in the coming years.Russian companies plan export 60 billion kwh of electricity to China by 2020. Power plants will be built along its border with China to reduce power transmission losses and reduce transportation costs.Also on Sunday, an oil pipeline linking Russia's far east and northeast China witnessed its one year anniversary of operation, as operators announced an accumulated 15 million tonnes of oil had been transported into China in 2011.
来源:资阳报