Tuesday 19 April 2011

Traditional Chinese Medicine Could Soon Disappear from Europe

Traditional Chinese Medicine Could Soon Disappear from Europe
   2011-04-14 18:40:55    CRIENGLISH.com      Web Editor: Zheng

PEOPLES DAILY
Traditional Chinese medicine could soon disappear from Europe - one of the world's biggest herbal medicine markets with annual sales of 5 billion euros - because Chinese pharmaceutical companies are set to miss an April 30 registration deadline set by the EU Directive on Traditional Herbal Medicinal Products issued in 2004.

Chinese companies and professionals in the traditional medicine business face the risk of fines after that deadline if they continue to operate in EU Countries.
A wait-and-see attitude dominated among Chinese companies because sales of Chinese medicines in the EU market were not significant. Most of the companies were deterred by the high cost of registration.

To register a single type of Chinese medicine costs around 1 million yuan and as each company usually produces several types of medicine, the cost soon mounts up.
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SHANGHAI DAILY
THE country's first and largest rocket and satellite launch base, Jiuquan Satellite Launch Center, aims to boost tourism during the next five years, according to an official with the local tourism bureau.

Jiuquan City in Gansu Province plans to boost tourism by building major tourist attractions emphasizing regional culture, aerospace technology and wind power.
The Jiuquan Satellite Launch Center, established in 1958, just 210 kilometers from downtown Jiuquan, is the nation's only manned spacecraft launch center since Shenzhou-V blasted off in 2003.

A space-themed cultural town and more interactive aerospace programs and facilities will be constructed to attract vacationers.
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BBC NEWS
Wine costing less than 50 Yuan a bottle can have the same effect on the palate as those priced up to six times as much.

The blind test at the Edinburgh Science Festival in the UK saw 578 members of the public correctly identify the "cheap" or "expensive" wines only 50% of the time.

University of Hertfordshire researchers say their findings indicate many people may just be paying for a label.
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ALL THINGS DIGITAL �C ONLINE MAGAZINE
As we all seem to have iPhones and iPads and the desire for new technology increases, how about studying a Degree in iPhone App creation?

The Rasmussen College, a profit-generating college that operates in five states in the US, has launched both a two-year and four-year degree course in making apps, as the demand for app developers increases.

Hap Aziz, director of Rasmussen College's School of Technology, said that an estimated 300,000 new software development jobs are going to be created over the next 3 years.