beijing part 6

Business class yesterday was awesome - teacher dragged it for an extra half an hour. In which many issues were discussed, especially with regards to reforms.

The professor said something which really struck me. and got me thinking and yes, i agree with his point of view. we have to understand the logic that governs the changes. because its the logic that is simple but the changes that are complicated. and ironically, its always human nature for us to be questioning the changes but not the logic behind the changes. he was explaining how knowing the real logic behind why china has such changes would better determine one's real understadning of china. to gain a mastery on understanding the changes!

So then he went on to explain how china's first step towards its reforms would have to be its ability to determine its basic unit of social production, how the invention of the steam engine brought about an industrial revolution -> thus enterprise became the basic unit of large scale industrial production. how this can only be done by a step by step process in china cuz its ultimately the whole system that we are changing and reforming.

There were 3 stages of china's enterprise reform and surprising one of the stages did surprise me.

Stage 1. Government delegated "powers"
the "power" delegation issue wasnt really handled well and the thin line between rights and powers was getting crossed over. thus two things emerged here: government powers and corporate rights. but at least this could serve as a temporary model for china at that point of time for its reforms and that it represented a certain degreee of separation from business and administration in china.

Stage 2. Enterprises to pay taxes at an unified rate and ultimately be able to keep the after tax profit for its own use
amazingly this was the stage which shocked me as its the system that most countries use currently. thankfully there was an explanation: which was how conditions presented at china then were not ripe enough for china to take this approach and thats why such a good system had failed in china. i think this is a fine example for "what works for one might not neccessarily work for another"
also in this it was highlighted that for enterprise reforms to happen, it would also require price and wage reforms. the interrelationship between these 3 reforms was clearly explained to me by the professor. which really provided lots of insight for one like me. haha! :)

Stage 3. Piloted "Responsibility system"
In this stage, enterprises were no longer state runned enterprises, instead they are recognised as STATE OWNED ENTERPRISES (this with reference to something like a company being held by the shareholders but managed by directors: the agent and principal theory). This system is currently still being piloted in china ever since 1986.

Stage 4. PREDICTION ONLY - Joint stock enterprises with Limited Liability

Yeah i know, reading my blog jus further complicated matters for those who dont know about the culture of china. thats why if you do understand the culture of china and how they used to have the household concept for its basic unit of production then can you understand how big a jump it is for the certain important decisions that were made in the 1978 meeting, how it really was a turning point for the chinese.

There was so much more that was talked about but i guess i'd stop at here for now eh? cause theres way too much to share and i'd do so when im back in singapore with my daddy. ive got the notes taken down anyhoooo.

I apologise to my dear friends who have to read my business-ish entries. but hey its super interesting right? :)

Back on to my life in china.. i have got a Tsing Dao trip planned next weekend with a few friends. its the beer festival and i bet its gonna be hell a lot of drinking! too bad beer aint my thing, but no worries i'd still drink up - all for the sake of good ol' FUN! :) The weekends have finally approached and i do hope that this spells the end of the horribly rainy weather that has been happening in china.

Sitting in my room with CNN on my tv earlier made me realise how im so not updated with worldly events. ahhhhh, i dont want to become a bimbo! i better start reading up on the latest news of whats happening around the world and stop livin in a world of my own. face it, we all do live in a world of our own and we jolly well know its jus human nature to want to escape frm reality. dont we? ;)

Questions to MY DEAREST BABES:

Hows my best girl doing with her first week of university? any cute guys? no bastards? :) IM WAY SURE OF THAT. have u stopped being a merlion aft booze? have u been eating well? looking gorgeous? feeling fabulous with urself? and how has luck been smiling on you during mahjong sessions? :) hehe.

Hows my sweet health queen doing with all her gyming? reading from your blog ur ankle seems to be having some probs yeah? make sure u get sufficient rest and make good that ankle for lunches out with me when im back! and please honey, dont turn lesbian even though your kissing skills are jus God-made for me!

Hows my mahjong addict mummy doing? :) missing the last player - who happens to be in china now? hope that you and gordon have been doing fine together. u seem to be getting really pampered over thr! how lucky. hehe! i cant read ur blog entries cuz thrs some prob with reading the script but im 200% sure ure doing great thr.

Hows my sophisticated hunny bunny who has never ending changing hairstyles with every visits to jaymez? have u been livin life well? have u given up on the world or have u showed them that ur revenge is served sweet? :) and does the wang wang DHA wang zai nui na joke still tickle u? we'd have our moments when we're back. ure being missed dearly..

i must stress that it has got to be an awesome alcoholic catch up at elaine's when im back. LADIES!!! :( MISSIN YOU ALL.
(p/s: there is no specific order to the questions and it certainly doesnt represent ur rankings in my heart. u girls all rank equally in my heart - being number ones. my one heart loves all four of u)

MY BOYFRIEND
how have u been my love? have u been having regular meals? (watch ur gastrics) have u been missing me as much as ive been missing u? (how much do u miss me?) do u think of me as u lie in bed, as u pee, as u see lovers holding hands walking down the streets? (or when ure having a... haha!) it affects me to know i cant see fireworks with u AGAIN this coming august 9. how we cant celebrate our month-sary. how i cant be there to snuggle up in ur arms, to melt in ur passionate kisses and to sit silently in a couch appreciating the silence that surrounds both of us.... i love u deeply and i miss u truckloads despite of everything that doesnt seem to be working out for both of us...

Hmmm, the weekends are here. jap sushi buffet at the restuarant near charlie's and baking of brownies aft that. doesnt that sound like so much fun without alcoholic demands? of course im clearly forgetting to mention how there's gonna be a party aft all that later in the night! hehe! (tryin oh-so-hard to be a daddy's girl!) yes pops! haha. hopefully the brownies will be an awesome sell out as usual. thanks to wanyi and vic for teaching me how to bake them and us three babes pigging out near the oven as the brownies are being made. how sinful! haha but i can afford to be sinful now - and elaine the health queen knows why! its the time of the month!!! :D weeepeeee!

I miss u all. jus another 20ish days. Faster, FAster, FASter, FASTer, FASTEr, FASTER!!!! :) *SMOOCHES* <3