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Fengdu County begins a new chapter in sustainable development

Fengdu County begins a new chapter in sustainable development
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Draft space development act passes review

Draft space development act passes review ‘MILESTONE’: Local firms can join the manufacturing of satellites and ground station equipment, the science minister said, adding that the NSPO’s budget would be increased By Lin Chia-nan / Staff reporter A draft space development act yesterday cleared a preliminary review at the legislature, which Minister of Science and Technology Wu Tsung-tsong (吳政忠) hailed as a “milestone” for the development of Taiwan’s space industry. Wu thanked the lawmakers on the legislature’s Education and Culture Committee for reviewing 17 bills proposed by lawmakers, including the one by the Ministry of Science and Technology. Space technology has been mostly used in national defense and communications, but with its increasing commercialization, domestic businesses can join more niches in global supply chains, Wu told reporters on the sidelines of the committee meeting.

SIPRI details trends in World Military Expenditure 2020 | analysis focus army defence military industry army

SIPRI details trends in World Military Expenditure 2020 | analysis focus army defence military industry army
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Military spending rises worldwide despite COVID-19 pandemic

Global military spending increased by 2.6 per cent to €1.637 trillion last year, despite the economic toll of the coronavirus pandemic. The United States continues to spend the most on its defence, followed by China, but military spending also rose by 4 per cent across Europe, according to a new report by the Stockholm International Peace Research Institute (SIPRI). Only a few countries re-allocated part of their planned spending to their healthcare systems, including Chile and South Korea. Others, such as Hungary, boosted their military expenditure as part of broader efforts to revive their economy. The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom.

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