The World Economic Forum Annual Meeting Closing Crisis is currently prevalent

The annual World Economic Forum annual meeting of the world's financial industry ended in Davos, Switzerland. With the theme of “Great Transformation: Creating a New Model”, this forum was held at a time when the global economy was struggling, and the taste of reflection was quite strong. Many politicians and economists have talked about this point. The time for reform in developed countries has arrived. Zoellick: World Bank President Zoellick called on developed countries to take measures to reform at the 2012 Global Economic Outlook forum. The European government is chaotic, and government leaders in emerging market countries are generally more sober. Zoellick said that this was the result of his observations at the G20 meeting last November. "Emerging market countries are not waiting for the developed countries to take action, they are already doing it," Zoellick said. In the face of the current crisis, the United States, Europe, Japan and other countries and regions need to change their mindset and learn from emerging market countries. Take big reform measures. "There is such a danger now. Everyone has a sense of fatigue, fatigue, various political chaos, and the loss of employment opportunities." Zoellick reminded that the international system is not lacking in resources, but protectionism and populism The lack of confidence in the future and investment in the future may lead to a paralysis of our institutions, and it is time for developed countries to act. Responding to the crisis must take care of people Donald Tsang: Hong Kong Chief Executive Donald Tsang expressed a similar view to Zoellick: urged European countries to take decisive action to deal with the crisis. "Be sure to have confidence. Confidence comes from the decisive action of the government. It must be quick and actionable. Two months ago, you may negotiate with Greek investors to cut 30%, but after 30%, it is not enough. Maybe It’s 70%, or even all kills. So, do it quickly, and act very decisively.” Donald Tsang called. He also reminded Europe with the lessons of Hong Kong. When dealing with the financial crisis, besides doing a good job in banking and stock market, don't forget to do a good job of "people." "Some family properties were worth 5 million in the past, suddenly only worth 2 million, and there are many properties with negative assets. People are immediately pessimistic, and the whole society is like this. The problem is serious." Donald Tsang said that in 2008 During the financial crisis, the Hong Kong government urged banks to ensure SME loans and maintain employment, thus helping people to restructure their debts and pay their bills. People have gained confidence and regional consumption has gone up. "To live in 2012, remember, we must take care of people, we serve people, and public services are for people." Donald Tsang said. Both Europe and China need to transform Xu Xiaonian: For this winter's theme of Davos, “Great Transformation: Creating a New Model”, Xu Xiaonian, a professor of economics and finance at China Europe International Business School, told the media that the world economy really needs transformation and needs to have New mode. In Europe, people need to abandon the fiscal policy of unsustainable high welfare spending in the past, and put social welfare on the reality that tax can support; can't imagine that as long as the government spends money, everyone can enjoy high welfare; people The government believes that the government can be indefinitely indebted, but now the debt crisis has told Europeans that the government's ability to indebt is limited, the government can go bankrupt, and the government is going bankrupt. Europeans must face reality: there is no free lunch in the world. Therefore, Europe needs to invest more energy and resources into how to create wealth, rather than how to distribute wealth, especially how to distribute wealth through the government. For China, the past growth model is unsustainable by low-cost land, labor, capital, and the environment. China must carry out market-oriented reforms and establish factor markets, land markets, capital markets, labor markets, and environmental markets. The relative decline in China’s attention is a good thing. Li Daokui: This year’s Swiss Winter Davos Forum, China’s topic seems to be less. Li Daokui, a member of the central bank's monetary policy committee and a professor at Tsinghua University, said in his Weibo that the theme of Davos has shifted from the discussion of globalization in the past few years to the discussion of where the basic political and economic systems of developed countries go, and the concern for China is relatively Falling is a good thing. Li Daokui feels that this year's Davos Forum has two major characteristics. First, the theme shifts from discussing globalization to discussing the basic political and economic system of developed countries. The concern for China is relatively low. Second, the focus is on elites. Turn to young people, the "changers" of the world around 25 years old. To this end, the World Economic Forum has established a world club for young people. This year, there are many young people and new faces. In addition, Li Daokui also hopes to use the opportunity of the Davos Forum to emphasize China's contribution to the recovery of the world economy. He pointed out that China's domestic demand will increase, and the overall import speed will exceed exports. In 2012, China's trade surplus will drop to a low level of around 120 billion US dollars. Li Daokui said that China is now "doing more and speaking less", but it must be clear to the outside world that China's economic restructuring has brought momentum to the world economy. At the Davos Forum, Chinese scholars should tell the friends of developed countries and emerging market countries about this fact.

Wood Species

Wood is divided into two distinct kinds called hardwood and softwood, though confusingly the names don't always refer to its actual hardness or softness:

Hardwoods typically come from broad-leaved (deciduous) trees (those that drop their leaves each fall, also known as angiosperms because their seeds are encased in fruits or pods). Examples include ash, beech, birch, mahogany, maple, oak, teak, and walnut.
Softwoods typically come from evergreen (coniferous) trees (those that have needles and cones and retain them year-round, also called gymnosperms. Examples include cedar, cypress, fir, pine, spruce, and redwood.

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