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It contained his pencil notes detailing the dates

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    June 12, 2019 4:15 PM HKT

    WELLINGTON C.J. Mosley Jersey , Oct. 20 (Xinhua) -- The summer thaw in Antarctica has revealed a century-old notebook from one of the frozen continent's early European explorers, the New Zealand Antarctic Heritage Trust announced Monday.

    The trust's conservation specialists found the notebook outside British explorer Captain Robert Falcon Scott's expedition base at Cape Evans, according to the trust.

    The photographic exposure notebook had belonged to surgeon, zoologist and photographer George Murray Levick (1876-1956), who took part in Scott's 1910-1913 expedition.

    It contained his pencil notes detailing the dates, subjects and exposure details for the photographs he took during 1911 while at Cape Adare before undergoing a harsh winter in an ice cave on Inexpressible Island.

    "It's an exciting find. The notebook is a missing part of the official expedition record. After spending seven years conserving Scott's last expedition building and collection Joe Flacco Jersey , we are delighted to still be finding new artefacts," trust executive director Nigel Watson said in a statement.

    The notebook's binding had been dissolved by 100 years of ice and water damage allowing the pages to be separated and digitized before repair.

    Close examination revealed links between the notations in the notebook and photographs held by the Scott Polar Research Institute, in Britain, and attributed to Levick.

    Each page of the notebook had been conserved by the trust in New Zealand before being rebuilt into sections and sewn back together in a reconstructed cover, before it was returned to Antarctica as one of 11,000 artefacts at Cape Evans.

    Last year Lamar Jackson Jersey , the trust discovered photographic negatives left in Scott's 1911 Cape Evans expedition base.

    Levick was a part of the six-man Northern Party of Scott's expedition who spent the summer of 1911-1912 at Cape Adare.

    The Northern Party was notable for their surviving the winter of 1912 in a snow cave before sledging back to the Cape Evans base.

    Scott died in 1912 on an ill-fated race against Norwegian Roald Amundsen to be the first man at the South Pole.

    BEIJING, Aug. 29 (Xinhua) -- Fresh progress has been made in China's state-owned enterprise (SOE) reform following a merger in the power sector.

    A merger between China's major power generator China Guodian Corporation and coal producer Shenhua Group was approved by the State Council Monday.

    The merger between the two power giants was in line with the country's aim to cut overcapacity in the coal and power sectors through restructuring SOEs.

    Given there is prominent overcapacity in the power sector and discordance of upstream and downstream operations, the merger is not only a "masterpiece" of supply-side structural reform in the power sector, but also a way to smooth the relationship between the coal and electricity sectors, according to Zhang Jinxin from Beijing Jiaotong University.

    Monday's merger came after two major steel SOEs, Wuhan Iron and Steel and the Shanghai-based Baosteel Trace McSorley Jersey , announced restructuring plans in late June to reduce excess steel capacity and improve market competitiveness.

    Mergers and restructuring will continue to take center stage in the reform and development of SOEs, and such reforms of centrally administered SOEs are accelerating, according to Li Jin, chief researcher with the China Enterprise Research Institute.

    Li said that not only did the electricity and coal sectors see the possibility for mergers, but that the thermal and nuclear power sectors were weighing their options.

    "Some SOEs, especially the heavy industry Iman Marshall Jersey , energy and power businesses, have too much capacity, while there are others with capacity in short supply," he said.

    China is resorting to SOE mergers to create more global powerhouses and avoid cut-throat competition, in addition to restructuring redundant industries to aid supply-side reform, Li said.

    Deepening SOE reform is key to cutting industrial overcapacity. Such reforms are helpful in improving SOE governance in accordance with market rules Ben Powers Jersey , letting market forces play a fundamental role in allocating resources, according to experts.

    There was no way out but to speed up reform in sectors like coal power generation, heavy equipment manufacturing and the steel industry, Xiao Yaqing, chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said earlier this year.

    Since mergers have been taken place in the coal power and steel industries Justice Hill Jersey , experts expect SOE mergers to happen in heavy equipment manufacturing sector.

    SASAC has been actively restructuring SOEs this year in a bid to improve efficiency, with the number of central SOEs falling to 98 after Monday's announced merger, down sharply from 196 in 2003.

    Besides mergers and acquisitions, China has made it clear loss-making "zombie enterprises" in glutted industries that cannot make a turnaround or counteract structural adjustment should be phased out.

    To cut overcapacity, the key is to follow market rules, said Li Xiaohua Miles Boykin Jersey , a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, a leading think tank.

    To improve its growth quality and efficiency, China began its supply-side structural reform in 2015 to cut overcapacity, reduce inventory, deleverage, lower costs and strengthen weak links.

    "China's SOE reform is an important link in pushing forward supply-side structural reform Jaylon Ferguson Jersey ," Li Jin said.

    Realizing the significance of SOEs to the country's sustainable growth, China launched a series of reforms including cutting capacity, managing "zombie companies," cutting excessive layers of hierarchy and calling for innovation among firms.

    This year, China pledged to deepen SOE reform in its annual government work report, introducing a mixed-ownership system and making SOEs more streamlined and efficient.

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