FUDAN BIWEEKLY For International Community on Campus Issue th April 2015

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1 FUDAN BIWEEKLY For International Community on Campus Issue th April 2015 Research Spotlight Fudan Development Institute Financial Research Centre (FDFRC) Published the 20 th Fudan ZEW Survey Results The ZEW Indicator of Economic Sentiment for United States increases from 45 to 50. Compared to the other countries, the American economy keeps in good shape; the indicator for Europe has raised to from -25 which shows the sign of recovering. The assessment of the current situation in China has improved. Increasing by 6.1 points, the index now stands at 8.6 points. Promoted by government strategy like One belt, one road, founding of Asian Infrastructure Investment Bank, the expectation for China s economy improves. Reviving of German economy, decreased crude oil price and Euro exchange rate, Quantitative Easing in Europe, lead to the current improvements of the economic situation in Germany. says director of Financial Research Centre, Professor Sun Lijian. According to the CEP result, the China s GDP in the first season of 2015 is estimated to be 7.2%. According to the survey in March, the GDP of China in 2015 is predicted to be 7.3. Compared to the same figure in the previous month, the data has declined by 0.14%. The CPI for China is expected to go up to 1.5% for the next three month and 1.87% for the whole year. Professor Sun points out, A new round of foreign investment and modern town-city construction and base effect caused by holiday effect hints the increase of CPI. The Fudan ZEW indicator of commercial bank, investment bank and insurance company has increased by 21, 14 and 11 points respectively. Professor Sun says, Securitization, deprivation of bank s bad loans, interest rate marketization boosts the perspective of commercial banks. Bull market, resumption of IPO, investment of pension funds leads to the increase of indicator for investment banks. And the insurance companies is reviving because of the introducing of deposit insurance system and innovation of insurance products. Compared to the investigation results in February, the economic sentiment indicators for cities have increased respectively apart from Hong Kong and Chongqing. Shanghai scores which marks the highest position. Hong Kong keeps being the lowest at the reading of points. The real estate price indicator goes up for Beijing and Tianjing and the figure for the other sample cities goes down. In survey this month, Beijing replaces Shanghai as the top standing at in the property price indicator. Professor Sun explains, Regional

2 economy is affected by government policies like One belt, one road, regional balanced development, free trade zone. The local economic indicator generally goes up but tourism industry in Hong Kong is affected by Anti-smuggling trader demonstration. Integration of Beijing Tianjin Hebei, Tianjing free trade zone brings the recovery of property market in the China capital and its neighboring city Tianjing. However, the subsequent effect of recent real estate policy is still waiting to be examined by the market. (Source from Fudan Homepage) Research Spotlight Digitalization of Zhongshan Hospital Receives International Recognition After ten years of independent development, deployment and training, Zhongshan Hospital affiliated with Fudan was certified by HIMSS EMRAM (US Healthcare Information and Management Systems Society Electronic Medical Record Adoption Model) as a stage six healthcare organization, becoming the first internationally recognized hospital in Shanghai in the area of health IT. On December 4, Dr. Liu Jilan, HIMSS Executive of the Greater China Region and Lead Consultant of JCI, and Mr. John Hoyt, HIMSS Global Executive Vice President, visited Zhongshan Hospital for certification assessment. Professor Zhu Tongyu welcomed the party on behalf of all the staff members and briefed them on the overall situation of the hospital. Mr. Yin Yiqing, Director of the Hospital s IT Center, accompanied the two experts during their assessment procedures and introduced them to the digital systems of various departments, including the wards, surgical intensive care units, pharmacy intravenous admixture services, and blood bank. After a day of field assessment, the two assessors announced that the hospital s IT implementation had reached stage six in their EMRAM assessment model. In 2003, the hospital s technical team, led by then-director of the IT Center Mr. Zhang Weiguo, started to develop digital systems for the HIS, pharmacies, blood bank, out-patient and emergency services, and electronic medical records. The team managed to connect the hospital s independently developed image management system with other PACS systems. Also, with the deployment of 3G networks and Android-based operating systems, doctors were able to have real-time access to electronic medical records outside the hospital, while the wifi-based mobile medical care terminal allowed doctors to recheck their medical orders at any time, achieving closed-loop healthcare management.

3 HIMSS EMRAM assessment system involves eight stages (stage zero to seven). The evaluation by HIMSS targets the completeness of health IT systems as well as the actual operation of IT systems in healthcare services. At present, no more than twelve percent of the hospitals in the world have been certified as stage six organizations. In mainland China, only seven hospitals have reached the standards of a stage six or seven hospital. (Source from Fudan Homepage) China ABC The Solar Term of Guyu and the Shangsi Festival The traditional East Asian calendars divide a year into 24 solar terms. And the solar term of Guyu, which literally means grain rain, is the 6th solar term. It actually begins when the sun reaches the celestial longitude of 30 and ends when it reaches the longitude of 45. It more often refers in particular to the day when the sun is exactly at the celestial longitude of 30. In the Gregorian calendar, it usually begins around April 20 and ends around May 5. The Shangsi Festival, which always comes around the solar term of Guyu, is an ancient Chinese festival celebrated on the third day of the third month of the Chinese calendar. So this festival is also known as the Double Third Festival. During the festival people would go for an outing by the water, picnic, pluck orchids, and young people would date their lovers. It is a specific day for invoking cleansing rituals to prevent disease and get rid of bad luck. The day is also traditionally considered to be a possible birthday of the Yellow Emperor (Huang Di), who is the initial ancestor of the Chinese nation. The ancient traditions of Shangsi is mostly celebrated by a few local communities today, such as the ancient county of Xinye which holds elaborate ancestor worship ceremonies on this day. In Jin Dynasty ( A.D.), a great calligrapher Wang Xizhi ( A.D.) mentioned this festival in his famous work Preface to the Orchid Pavilion Poems, written in regard to the Orchid Pavilion Gathering during the Six Dynasties era.

4 Recommended Events 28 Apr. Tus. Topic: History, Fictions, Myths; Conclusion 14:30 Speaker: Andre Charrak Venue: Room 2401, West Tower, Guanghua Building ( 光 华 西 主 楼 2401) 04 May. Mon. Topic: Verbal Intercultural Communication 12:00 Speaker: Yang Xia Venue: Room 5103, Language Learning Center ( 五 教 5103 室 ) 05 May. Tus. Topic: Contemporary Significance of Wang Yangming s Philosophy 18:30 Speaker: Wang Defeng Venue: Room 3108, College of Philosophy ( 哲 学 学 院 3108 室 )

5 FUDAN BIWEEKLY is produced by Foreign Faculty Section, Foreign Affairs Office, Fudan University.