Nov. 2007

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The 2007 ACFE Pacific Rim Fraud Conference will be held in Melbourne on November 29-30. Steele has received the invitation for the conference.

The Coordination Office of Beijing United Front awarded a certificate to Mr. Yang Hai, President of Steele, appreciating his attendance to 2008 Olympic Calligraphy, Painting & Photography Exhibition hosted by Beijing United Front

  China ’ contribution to world GDP growth ranks the second in the world.

According to NBS (National Bureau of Statistics) calculation based on World Bank statistics, China contributed to 13.8% of the world economic growth during 2003--2005, and was the second-largest contributor following US’s 29.8% in the same period. From 2003 to 2006, China ’s export grew remarkably, with the export amount USD 438.2 billion in 2003, USD 593.3 billion in 2004, USD 761.9 billion in 2005, USD 968.9 billion in 2006 respectively. The annual average export rate reaches 31.4%. High-quality and inexpensive commodity of China have been exported to all over the world, which dramatically increases the incomes and promotes the consumption growth of the people of importing country.

General Administration of Customs recently interpreted 2007 Regulation of People’s Republic of China on Import and Export Duties, pointing out that compared with the 2006 version, the new tax regulations has made great adjustment, covering1600 Mainland 8-digits tariff code, which accounts for 20% of the total. Adjustment is also made to custom duties.

Open-Office Noise

A study published in Journal of Applied Psychology shows that even low-level noises in the open-style office will lead to the increase of work pressure, even harm one’s health.

According to Gary Evans, professor of environmental analysis in Cornell University even low-intensity noises such as conversation, typing, telephone ring, will do negative impact to human’s physiological function. Evans is a leading expert on environmental stress.

Researchers randomly assigned 40 female secretaries to either a quiet office or one with low-intensity office noise for three hours. The researchers found that the workers in the noisy office experienced significantly higher levels of stress (as measured by urinary epinephrine). If the adrenalin level is too high, the chances for one to get heart diseases will increase.

It’s interesting that though the experimental result showed that the experiment recipients had high adrenalin level, they didn’t complain about the noisiness in the open office. Professor Evans said: “One possible reason is that under stress, people focus on their main task or activity. This focusing leads to less flexibility in considering alternatives during decision making. Perhaps if people are working at a task and are under more stress, they become more focused on the task itself, not being as cognizant as they should be to change their posture or take a break."

Human engineering experts say that noises affect one’s posture of sitting and can also make people ignorant of the badness of their working environment. People who work in a noisy environment seldom adjust their chairs and their posture of sitting.

A human engineering expert suggests that if you couldn’t change your working environment, you should get up from your seat and have a short time rest. It will not only release your work pressure, but also can improve your work efficiency.

Change Your Thought

William James, the American psychologist, found two attitudes towards time. One is “the work must be finished, but it’s really annoying. I will put it off until I have to do it”; while the other one is “the work is annoying, but must be finished. I should do it immediately so as to rid myself of it as soon as possible.”

When you have a motive, quick action is very important. Do not think of turning over all your bad habits at once and just force yourself to do what you have postponed doing. Then starting from tomorrow morning, you pick up what you are reluctant to do most.

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