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30.08.2014
Singapore-Sichuan joint venture focuses on biomedical sciences and interactive digital media, Li Yu and Peng Chao report. Singapore-Sichuan Hi-Tech Innovation Park (SSCIP), an integrated modern new town that serves innovation-driven enterprises and creative talents, jointly developed by Singapore and Sichuan province, is looking for investors in the United States, Japan and Europe, mainly in the fields of biomedical sciences and interactive digital media. The park will house five main sectors: biomedical sciences, interactive digital media, environmental technologies, high-end manufacturing and assembly and producer services, said Kelvin Teo, CEO of Sembcorp Development, one of the shareholders of Sino-Singapore (Chengdu) Innovation Park Development Co Ltd, developer of the SSCIP. A design sketch of the western part of the Xinchuan Heartbeat Central Park at the Singapore-Sichuan Hi-Tech Innovation Park.
The five sectors were selected based on the existing complete industry chains and the strong base of intellectual human resource capital of Chengdu and Singapore, Teo said. In order to forge stronger links with the foreign business community, Teo said the park has established a presence in California and Singapore. Construction work on the park, which is located in the southern part of the Chengdu High-Tech Zone (CDHT), began in 2012 and it is expected that all infrastructure will be completed by 2020.
Through the introduction of the Singapore experience, SSCIP is positioned to become a modern, high-end business-cum-residential cluster that will attract both domestic and foreign talents. Tremendous progress was made last year with construction work on the park, according to Teo. Another initiative, the Tianfu New Area Cultural Center, with a building area of nearly 100,000 square meters, is expected to open in early 2018.
The complex consists of an arts performance center, an arts recreation center and an exhibition hall to stage world-class performances.
Joint projects between China and Singapore commenced in the mid-1990s and were initially centered in China's coastal provinces.
As a result, Sembcorp focused on the country's southwestern cities and eventually chose to invest in Chengdu. Teo said Sembcorp chose Chengdu not only because of its strategic location, livable environment, efficient government and abundant talent, but also due to its huge market coverage and strong industry capability and resources, especially in the fields of biomedical sciences and IT. Teo said the SSCIP will serve as a platform for global companies to benefit from the very best of both Singapore and China and participate in the growth of China's vast western and central regions. The SSCIP has benefited from advanced planning and cutting-edge concepts, from development to construction. In order to better serve the talent and innovative enterprises setting up there, Teo said the park includes carefully planned residential and commercial elements, with all work and live amenities within walking distance. He said the park will encourage high-end high-value manufacturing that can be conducted in an office or clean-room setting.
The park will also incorporate the "neighborhood center" concept among its residential properties, which will improve residents' accessibility to basic needs such as healthcare and community services, he said. The development of the park is backed by a series of national strategies, such as the Belt and Road Initiative, the Yangtze River Economic Belt development, the State-level Tianfu New Area and the latest plan to develop the Chengdu-Chongqing city cluster. During President Xi Jinping's visit to Singapore last November, the two countries announced the launch of the third government-to-government project between China and Singapore, with an operation center in Chongqing. Teo believes that the third government-to-government project will also benefit the development of the park. The Chongqing project focuses on modern connectivity and the modern service industry to form a network across China's vast western region that will promote local social and economic development, according to Teo. Lu Xianping, CEO and chief scientific officer of Chipscreen Biosciences Ltd, one of the first key projects registered in the park, said the park is a crucial part of the city's reinvention as a center of innovation.
The excellent bilateral relations between China and Morocco have led to increased trade and cooperation in a range of fields, and given both countries the opportunity to share their respective cultures and experiences. The foundation for the strong economic ties that bind the two countries is the Commercial and Economic Agreement signed in Rabat in 1995. Although the Agreement has provided a good platform for bilateral cooperation, Morocco and China have decided to deepen their relationship through the establishment of a "strategic partnership", with the aim of enhancing trade and promoting investment. A strong will has been displayed at the highest political level to ensure that this partnership is fully supported, particularly in relation to economic and trade-related activities. The state visit of Morocco's King Mohammed VI to China on May 11 and 12, heralds the deepening of relations between the two countries and gives new impetus to existing ties, which are founded on mutual trust and solidarity. This new partnership will embrace sectors that are of vital interest to both countries, most notably the economy, investment and trade, industrial development, finance, infrastructure and tourism.
Economic cooperation between Morocco and China has, in general, been on an upward trend, with a trade volume that topped $3.5 billion in 2015. Despite this, Morocco has a huge trade deficit because of its record imports from, and low exports to, China. Morocco hopes for more investment from China, as well as a greater transfer of technology, and greater cooperation over infrastructure construction.
Major Chinese companies, including Huawei Technologies, ZTE Corp, China Overseas Engineering Group, China North Industries Corp, Sinhoydro, China International Water and Electric Corp and Shanghai Dier Deep Fisheries, are developing their business in Morocco.
This new economic partnership between Morocco and China, which was fostered by the forum, is the realization of a new ambition to diversify and balance trade between Morocco and China. Further to this, it is hoped that the partnership will improve cooperation between Moroccan and Chinese banks, attracting more Chinese investment to Morocco. Morocco's markets are more open than ever before to Chinese companies, and they offer a modern business environment, integrated industrial platforms and necessary infrastructure and services. Morocco is also willing to enhance productivity in existing fields of cooperation between the two countries while working with China to develop new sectors for business cooperation and investment. It has diversified and achieved a remarkable performance in the primary, secondary and tertiary sectors. Morocco's Emergence Plan offers Chinese investors a range of excellent opportunities in sectors such as aerospace, automobile, electronics, textile and leather, offshoring and agro-business.
In addition, the Green Morocco Plan aims to facilitate the development of a modern and competitive agriculture industry, and the Moroccan Solar Energy Plan, which has already had investment of $9 billion in industrial, R&D and training components, will place the kingdom at the forefront of global renewable energy production. There are seven reasons why Chinese companies looking to expand and invest overseas should choose Morocco: cost competitiveness, strong and stable macroeconomic performance, free trade access to 1 billion consumers, world-class infrastructure, a qualified labor force, tailored plans for individual industry sectors and an improving business climate. Morocco's economic stability stems from its strong and stable macroeconomic performance and the gradual introduction of a range of reforms to develop its business environment, infrastructure and social environment. It has a clear route map in terms of global development, and tailored strategies covering all productive sectors, from the aerospace and automobile industries to offshoring and agro-business.
It is developing a strong processing industry, especially in fertilizers and textiles, and is penetrating new export markets.
In the medium- and long-terms, Morocco can play a more central role in shaping economic relations between China and the rest of Africa.
Trade between Morocco and China is set to increase exponentially and this will improve the standard of living in both countries.
Last but not least, the opening of a direct air link between the two countries will significantly contribute to both increased tourism and stronger economic ties. During the last decade, China and Morocco have shared a common conviction in their approach towards Africa.
Trade between Morocco and China has grown rapidly; but, more importantly, that trade has evolved in nature.
While still imbalanced, the structure of imports and exports tells us a lot about the vigorous economic relationship at work and is a great indication of the potential that lies ahead.
One might think that Morocco's exports to China consist mainly of raw materials, but a closer examination shows a different picture: 28 percent of the $530 million of goods we exported in 2014 were integrated circuits, and around 10 percent were garments. At continental level, Morocco and China are on the path of building a trilateral relationship aiming at giving more market depth to both partners.
Last November, the Moroccan city of Marrakech hosted the first Sino-African Business Summit, at which more than 500 participants discussed how this partnership could be strengthened and how we should together tackle the challenges that lie ahead. For the first time, business communities from China, Morocco - and the rest of Africa - engaged in an open dialogue that helped create opportunities and lift some of the possible misconceptions about China's economic agenda in the region. Experts who participated in this important event agreed that Morocco and China would create more value by working together than by pursuing their own individual paths, especially in the greater northwestern part of Africa. In addition, analysts are increasingly convinced that Morocco gives China the best platform when it comes to setting up industrial investments to reach the 400 million French-speaking consumers of West Africa. Morocco's institutional and macroeconomic stability make it an ideal location for long-term investments, and its strong regulatory framework contributes to the country's business-friendly environment. Most of all, Morocco shares a common ambition with China, which is to become a strategic partner in Africa's development by helping create a strong, resilient consumer-based market.
Furthermore, Morocco established Casablanca Finance City in 2010, a pan-African financial center that has rapidly become the leading financial center in Africa, ranking first in the latest Global Financial Centers Index (GFCI). Casablanca Finance City provides both status and a comprehensive fiscal package to financial institutions and the regional headquarters of multinational corporations aiming at developing their businesses and investments in Africa. To date, more than 100 multinational corporations have acquired the CFC status, including information and communication technology solution provider Huawei, insurer AIG, carmaker Ford, the Boston Consulting Group, investment fund Abraaj and BNP Paribas. Leading mall investor and operator Taubman Centers from the United States is looking for more opportunities in the Chinese market by expanding its presence in second- and third-tier cities. Located at the heart of Xi'an's new central business district and administrative center, CityOn. Taubman said the company started to adjust its development strategy five years ago and shifted its focus to the Chinese market. The second CityOn mall is expected to open in Zhengzhou, the capital of Central China's Henan province, later this year, Taubman said.
Liu said the pressure of developing city or regional shopping malls in first-tier cities, such as Beijing, Shanghai and Shenzhen, is great due to fierce competition and high construction costs. Taubman said the populations in China's second- and third-tier cities have already reached the standard of first-tier cities in the US, and they have the capacity to support development. Considering the wide use of the internet and the changing behavior of consumers, CityOn mall will also speed up efforts to improve customers' shopping experiences by combining online and offline services and marketing activities. China's economic growth has slowed in recent years, and some industry insiders believe the bearish macro environment will bring a slowdown to shopping across the country. Despite the threat of an online retailing boom, the report pointed out that some traditional retailers and brick-and-mortar mall developers are already adjusting their marketing strategies and adopting new technologies to drive more business.
Taubman said the company has maintained an optimistic attitude toward the potential growth of the Chinese market as the industry undergoes its first stage of evolution.
Taubman Asia and Wangfujing said they are discussing further business expansion in China, such as opening outlet centers and entering China's western cities. The scenic city of Guiyang is implementing major measures to boost its big data industry in an effort to provide a blueprint for other cities across the nation. Guiyang has taken a number of measures to develop its big data industry in recent years, local officials said. The city's new efforts aim to grasp growth opportunities in the industry that has developed rapidly both at home and abroad and is showing great future potential. The big data industry has been designated as one of the three strategic sectors in the 13th Five-Year Plan (2016-20) in Southwest China's Guizhou province.
The provincial capital of Guiyang hopes to pilot the development by releasing preferential policies and enhancing the construction of infrastructure facilities.
Guiyang has also boosted infrastructure construction and spent 3.14 billion yuan ($484 million) on information infrastructure in 2015. Total investment in the park is about 1 billion yuan and the second-phase construction is slated for completion this year. The city jointly held the 2015 China E-commerce Innovation and Development Summit with China Network Television.
Guiyang has organized big data-related promotional activities in regions including Beijing, Shanghai and Shenzhen and signed agreements for 162 projects with investment worth more than 170 billion yuan. In July, the Ministry of Science and Technology approved Guiyang's plan to build an experimental area for big data technological innovation. The area will help create a good environment for innovation and explore sustainable development strategies for underdeveloped cities in western China, local officials said. They said Guiyang hopes to promote mass entrepreneurship and innovation related to big data in the city. The city government said Guiyang will attract more than 100 big data projects this year and foster one or two leading big data companies which are nationally influential.
With the rapid growth of big data industry in Guiyang, capital of Southwest China's Guizhou province, companies in the city are finding success with the emerging business of outsourcing call centers. One company in Guiyang that has seen success as a call center outsourcing operator is Xutong Big Data Co Ltd. It said call centers are an effective way for its clients to cut costs, generate sales and better maintain customer relations. In two years, the company has a staff of 1,050 call center agents and a client list that includes Sinopec, Petro-China, China Mobile, China Unicom and Haier. Zhao Quanqiang, executive vice-president of Xutong, said the government's strong support for call center outsourcing businesses as well as the city's hardworking spirit and growing big data industry are key advantages for the city. Zhao said a company could have applied for a 1 million yuan ($154,000) subsidy from the government for offering jobs and training locals as call center agents. The city's other main advantage is the lower costs of hiring employees compared to other large cities in the country. Yan Xiaobin, chairman of the China Call Center and BPO Association, said he is optimistic about Guiyang's development in call center outsourcing business.
He said the call center business can play an important role in upgrading Guiyang's economy because it is a labor-, knowledge- and technology-intensive sector.
According to Chen Gang, the city's Party chief, Guiyang will use its big data and call center businesses to drive its overall development and to make the city a call center outsourcing hub with global influence. With the rapid development of big data technology and its wider application in the commercial field, Guiyang is seeking to lead the nation in big data transactions. China's first big data exchange - the Guiyang Big Data Exchange - became operational on April 14, 2015.
The exchange, also known as the GBDEX, offers a range of services for data assets transactions, big data cleansing, modeling and analysis, transactions of data futures, as well as financing for the industry. According to Wang Sanshou, executive president of the exchange, the GDGEX had 360 members by the end of 2015.
He said many enterprises hope to save their data collected from business operations in the GBDEX, expecting the exchange to offer them added value through processing, modeling and analyzing. Wang said the long-term goal of the exchange is to have annual transaction volume surpassing 10 billion yuan.
He said the goal is practical because big data will be among the most valuable assets in the future with further development of the internet and other information technologies. He said the exchange would encourage more entrepreneurs to use the GDBEX's big data platform for starting businesses and expanding markets. The executive president said the biggest problems they face are the legislation needed for data transactions and the protection of the property rights of big data. Wang said there should be an authoritative party to confirm the ownership rights of the data before they are traded at the exchange.
He said Guiyang is making some tentative experiments in this field by developing a big data special zone. When he arrived on April 11, he says he discovered his fellow guests at the hotel were almost entirely Chinese.
The next day, he rose at 6 am and took a shuttle bus to the 60,000-seat Kim Il-sung Stadium to join more than 500 international runners at the starting line. This year, the marathon started in Rungrado May Day Stadium, the largest arena in the world with a capacity of 150,000, and reportedly attracted at least 1,000 runners from outside the DPRK.
The route through downtown Pyongyang passes some major landmarks, including Kim Il-sung University and the city's Arch of Triumph. He says there were no security checks at the starting line or portable toilets, and that the rules for runners' attire were unusual. In the end, Hu finished outside 3 hours 52 minutes, almost 16 minutes slower than his personal best but eight ahead of the event's closing mark, a relatively tough task for many amateur runners.
Hu, who works for a media company in Beijing, says his lasting impression is of the local spectators. Hu Jinnan travels around the world to take part in various competitions, such as the marathon in Pyongyang in April.
The Chengdu plant of Dongfeng Peugeot Citroen Automobile - DPCA, a joint venture with French carmaker PSA Peugeot Citroen and Chinese automaker Dongfeng Motor Corporation, is scheduled to go into trial production in May.
Located in the State-level Chengdu Economic and Technological Development Zone, also known as the CEDZ in the eastern part of Chengdu, it is DPCA's fourth manufacturing plant in China.


The Chengdu plant will mainly produce vehicles for both the Peugeot and Citroen brands as well as Dongfeng's Fengshen brand, with a focus on high-end sport utility vehicles and multi-purpose vehicles. In December 2015, the plant's first all-new SUV ran off the assembly line, just 14 months after its foundation was laid in October, 2014. The new model, whose internal code name is the P84, was developed in partnership with European plants and will launch simultaneously in the Chinese and European markets.
Louis Gallois, chairman of the supervisory board of PSA Peugeot Citroen, called the construction speed of the Chengdu plant a "miracle", as it generally takes about two and a half years to build such a plant.
Wu Zheng, a senior manager of the Chengdu plant, said the plant uses world-leading technology, making it both highly efficient and environmentally friendly.
The Chengdu plant has attracted some 30 companies engaged in related industries, such as France-based Faurecia, Dongfeng Motor Die and Mould, Fengshen Logistics and Wuhan Dongfeng Hongtai Holdings Group. According to Wu, the number of companies engaged in related industries at the plant is expected to reach 80, supplying more than 70 percent of the auto parts needed by DPCA's Chengdu plant. The plant is expected to go into commercial operation in October, and the production target for this year is 10,000 cars. The construction of DPCA's Chengdu plant got strong, targeted support from the local government. Lu Congguo, director of the plant, said that although he had initial concerns about dealing with government departments, his fears were unfounded. The plant was listed as one of 56 major industrial projects by the Sichuan provincial government. The local government also focused on the construction of the infrastructural facilities in the Sino-French Ecological Park.
Longquanyi district, home to the CEDZ, has invested more than 1 billion yuan in the construction of the infrastructure. Zhou Ling, director of the Sino-French Ecological Park's coordination office, said park officials are negotiating with leading French companies, including PSA Peugeot Citroen, Renault and Bollore, to establish cooperation in the fields of new-energy vehicles and smart cars. The park is also seeking in-depth cooperation with French and European Union companies in the fields of ecological construction, energy saving and environmental protection. Chengdu's auto industry has seen rapid development in recent years, growing into a pillar of the city's economy. Longquanyi is one of China's leading auto bases, with investors including Dongfeng Peugeot Citroen, FAW-Volkswagen, FAW-Toyota, Zhejiang Geely Holding Group and Volvo, as well as many car component suppliers.
Last year, Longquanyi district produced 920,000 units of vehicles and its auto industry generated output value of 141.2 billion yuan. Since last year, Volvo's new luxury sedan, the S60 Inscription, has been produced at the company's Chengdu plant and exported to the United States.
With DPCA's Chengdu plant set to go into commercial operation, auto production in Longquanyi is expected to exceed 1 million cars this year, local officials said.
According to the city's industrial development strategy, Chengdu will have the capacity to produce 2 million cars annually by 2017. The latest planning shows that the city is expected to have an annual output capacity of 3 million cars by 2025. The city will also take advantage of its location with regard to the Belt and Road Initiative and the Chengdu-Europe express rail route to create an improved logistics service for carmakers and car component suppliers, the official said.
An important social movement in China took place early in the 20th century when scholar Liang Shuming called on intellectuals to boost the reform of rural areas stricken by extreme poverty after years of war.
As part of efforts to improve the quality of life in these areas, scholars set up schools and came up with measures to upgrade agricultural technology.
Zhu Shengxuan leased an abandoned farm from the Deqing local government in Zhejiang province and is going all out to find new ways to repurpose China's villages and entice more people to come back and live in the countryside.
A century has since passed, and some young intellectuals still hold onto a similar dream, although the movement has now taken on a new meaning - to preserve culture and heritage. Although he has lived in Shanghai for more than 10 years, Zhu says he still has a strong emotional connection to his village in Baoshan, Yunnan province. Many people in the affected areas who had relied primarily on farming to make a living now had no means to earn an income. Nearby, he grew corn, sweet potatoes and a variety of other vegetables without the use of pesticide. Before creating the blueprint for his new village reform project in Kunshan city in Jiangsu province, Zhu talked to most of the 142 families in the area to find out what were the things they hoped to retain. Together with the local authorities in Kunshan, Zhu will also be setting up a gallery comprising items from many of the old farmers, such as a 100-year-old millstone and brick sculptures of tigers. Phoenix Peninsula is 21 square kilometers in size and stretches out over 54 km of coastline that includes the 3.5-km Golden Beach, a national-level 4A scenic spot. The Qingdao government has been cautious about the exploration of Phoenix Peninsula in a bid to preserve its resources and land.
In recent years, tourism products in the zone have diversified, including a selection of high-end hotels, such as Wyndam, The Lalu and the Hilton, entertainment parks, yacht and cruise ship ports, sports centers and museums. From last summer, Phoenix Peninsula has been the venue for the Qingdao International Beer Festival, and has China's largest coastal beer plaza. Wang said the new development strategy for China's tourism industry recommended from the central government is comprehensive planning for an entire area instead of building a few tourist attractions, which is in line with Phoenix Peninsula's strategy to build a "tourism and resorts zone". It also hosts a plum festival in March and April that includes numerous activities such as a photography competition, a calligraphy and Chinese painting exhibition, a bonsai exhibition, interactive games and a traditional drama and dance. There is also a separate park with 15 varieties of bamboo spread across 10,000 square meters. Bijiashangliu, a village in Licang, has been recognized as one of the "Most Beautiful Villages in China" in 2013 and 2014. The district has also six so-called mountain parks, including Hushan, Loushan, Yandunshan, Niumaoshan, that are covered in forests. The venue for the 2014 Qingdao International Horticultural Expo is consistently preserved and maintained and is recognized as a national 4-A level tourist attraction. In March, the district hosted the Kite Festival at the Horticulture Exhibition Park in partnership with Weifang, another city in Shandong province and where the original kite festival in China was held. The projects, spread over a combined area of 3.5 million square meters, cover finance, information services, industrial design, the culture and creative industry, research and development, smart hardware, new energy, new materials and marine biomedicine. The projects will be located in the area around Zhuzhou road, an industrial base with 168 high-tech companies. Last year, companies in this area applied for 5,075 patents, up 27.5 percent from 2014, and 1,241 patents were approved, a 70 percent increase from 2014. The area is home to Haier Industrial Park, the eastern part of which will soon expand with a 40-hectare urban complex complete with financial services, e-commerce service providers, startup incubators, shopping centers and entertainment facilities. The Aucma Smart Industrial Park project, behind a 4 billion yuan investment, will serve as a R&D center and startup incubator for more than 200 small and medium-sized companies.
Jiang Duntao, head of the Laoshan district government, said the district has set up a 1 billion yuan industrial investment fund for emerging industries and has built up various startup incubators to help entrepreneurs realize their dreams by partnering with China's top venture fund managers and tech investors.
Farmers harvest grapes in Pingdu, Qingao, where the Qingdao Dazeshan Mountain Hiking Festival kicks off from Saturday. The Qingdao Dazeshan Mountain Hiking Festival kicked of from Saturday in Pingdu, the largest county-level city in the province. The town of Dazeshan has hosted the China Qingdao Dazeshan Grape Festival for 29 years and its grapes are reputed to be on a par with those from Xinjiang, which is believed to produce the best grapes in China. Since 1987, the price of local grapes has increased 50 times to more than 10 yuan ($1.54) per kilogram. Dazeshan boasts more than 200 varieties of grapes, including Muscat Hamburg, Zeshan No 1 and Golden Finger, and the town's local vineyards cover more than 2,300 hectares.
Dazeshan's vineyards are also benefiting from the growth of the wine and tourist industries. The regional government has, in recent years, taken steps to preserve the natural environment, including closing a number of quarries and stone processing plants, despite their significant tax contributions. Under current plans, the park will be located in the Qingdao Bonded Port Jiaozhou Function Area, which boasts capabilities to support multimodal transport logistics, facilitating smooth transportation, e-commerce and high-end manufacturing, as well as research and development facilities. It is hoped that the park will increase bilateral investment and trade cooperation among countries in Asia and Europe by mobilizing resources domestically and overseas, said Wang Shoupeng, head of Jiaozhou commerce department.
Today it boasts a well-developed freight transport system with seamless sea and rail links. Shipping company CRIntermodal has set up one of its 18 logistics terminals in Jiaozhou, which connects with nearly 600 container transaction stations across the country. Jiaozhou's rail links connect Qingdao with China's western frontier city of Khorgos in Xinjiang, and also reach as far as Amsterdam through the Eurasia Continental Bridge. To make things easier for logistics operators, the Qingdao Entry-Exit Inspection and Quarantine Bureau opened a sub-office in Jiaozhou in October 2013. Ratanina Masha (right) from Russia, who studies Chinese at the Ocean University of China, proudly displays her calligraphy skills on Neighbor Day on April 20 in Shinan District, Qingdao.
Dozens of foreigners gathered in a small neighborhood in Qingdao's Shinan district on the afternoon of April 20. They came to make friends among the locals in honor of Neighbor Day, an 18-day event celebrated across Qingdao, including the county-level cities on its outskirts, such as Jiaozhou.
The festival started 12 years ago after a 10-year-old girl called Sun Ruihan was rebufed after paying a New Year's visit to her neighbor.
The concept was embraced by the municipal government and promoted as a city-level event in a bid to boost friendliness and civility in the city. As the birthplace of the festival, Shibei district hosted the opening ceremony of this year's Neighbor Day on April 19. In Jiaozhou, a county-level city of Qingdao, organizers hosted a number of activities to bring neighbors together, including the sharing of family stories and a mobile neighbors' library to share books. As the central area of downtown Qingdao, Shinan district attracts many foreigners into its communities, thus there is also international representation at their Neighbor Day activities.
Sarah Sobas from the United States said she had a great time with her neighbors as she experienced the art of Chinese paper cutting for the first time. Ratanina Masha from Russia, who is studying Chinese at the Ocean University of China, described the event as a great opportunity to make friends with her Chinese neighbors and learn about the local culture with them.
As China prepares to host its first G20 Summit, the importance of this grouping of major world economies is becoming more apparent, according to experts. The event, slated for September 4-5 in East China's Hangzhou city, comes at a time when increasing deflationary risks loom over the global economy's recovery. Boosting growth among developing countries is highlighted on the summit's agenda, as has making more progress in areas such as addressing global climate change.
Since December, around 30 preparatory meetings have been held at the ministerial or working-group level, including a gathering of personal representatives of heads of state, known as sherpas, as well as finance, trade and foreign ministers. More than 30 additional meetings are scheduled later this year to ensure the summit's success, according to the latest calendar of events published on the G20's official website.
On April 8, a presidency statement was released following the Second G20 Sherpa Meeting in Guangzhou, stating that the assembled representatives would work toward promoting the implementation of the Paris Agreement, which was adopted at the 21st Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change in December. Huang Wei, a researcher on global economic governance at the Chinese Academy of Social Sciences, noted that "the G20 now represents the best efficiency in the aspect of global economic governance", while other mechanisms - such as the UN and G7 - are faced with higher cost or lack of influence. Vice Minister of Foreign Affairs and China's G20 Sherpa Li Baodong has described the Hangzhou summit as "the first time that the G20 will formulate an action plan on the implementation of the 2030 Agenda for Sustainable Development".
This ambitious agenda, adopted in September, is designed to serve as the launchpad for action to promote shared prosperity and well-being for the next 15 years. Upon China's initiative, the G20 is examining ways to support industrialization in Africa and what are known as least development countries, Li added. Zhu Jiejin, an associate professor on global governance studies at Fudan University in Shanghai, said if the G20 takes the 2030 Agenda as one of its policy goals, the gathering itself will win more recognition for its role as a "leading international economic cooperation platform".
This will "offer political impetus" for implementing the agenda, make the work of international organs such as the UN easier and encourage more countries to join in, Zhu said.
Gao Hucheng, minister of commerce, has said China will work alongside various parties to push for establishing the G20 trade and investment cooperation mechanism to "regularize" the G20 trade ministers' meeting. Huang Wei noted that although the G20 has built mechanisms for regularized meetings of finance, labor ministers and governors of central banks, many other ministerial-level meetings are not regularized yet. Since registration opened in December, more than 100,000 volunteers have signed up to help with the high-level international forum for governments and central bank governors.
Around 26,000 of these volunteers are university professors and their students, who will be whittled down to a short list of 3,000 through a strict selection and training process. These will be the on-site volunteers, who are required to have a relatively high-level of language ability and work at the summit itself, whereas city volunteers will help out with public security patrols, environment management and culture publicity in Hangzhou. Wang Lingwei, a graduate student from Zhejiang Gongshang University, said it would be an honor to be selected as an on-site volunteer. Wang Yuejun, director of Hangzhou Volunteering Work Guide Center, said there was more than two decades' worth of community service experience in the city, which has more than a million registered volunteers and 13,750 volunteer organizations, with volunteering service stations in 97 percent of communities. In addition to the local recruitment drive, an international volunteer team has also been set up in the city featuring more than 20 students and teachers from the United States, Russia, Italy, South Korea, Ukraine, Indonesia and Congo, among other countries.
According to the local authorities, all volunteers will be managed in real-time through an online platform, with their contributions to the summit recorded in the form of points and rankings to add incentives for good service. More than 5,500 volunteer service activities have already been carried out in Hangzhou in preparation for the summit, with a total of 360,000 volunteer man-hours recorded. Members of an international volunteer team attend a public event in Hangzhou, Zhejiang province. The governor reiterated that the central bank will maintain a "prudent" monetary policy, but be "flexible" and "appropriate" in its implementation. The upward track has lessened the need for further monetary easing, which is why Zhou didn't mention the "bias toward easing" this time, analysts said. While optimistic about China's short-term growth outlook, global banks see medium to long-term risk rising, as the first-quarter's rebound remained credit-fuelled. Even Zhou acknowledged there is a serious problem with China's debt, and has raised the issue several times in recent months.
China's corporate debt is the highest among major economies, amounting to 166.3 percent of GDP by the end of the third quarter, according to the Bank for International Settlement.
English learning activities have been organized across the city as part of efforts to better serve the summit, which is scheduled to open in early September. In March, the team behind local mobile app Xiangfu Community, based in the city's Gongshu district, started a campaign to get residents speaking more English by providing free language learning content and encouraging users to learn a new sentence each day.
Once a week, a lesson with a senior English language teacher is organized through the app, and English-themed discussion activities are held once a month.
Elsewhere, residents are being encouraged to share their learning experiences via a discussion group on the social media WeChat, and traffic police in the city's West Lake area have also been learning English to better communicate with international visitors during the summit.
West Lake attracts a large number of foreign tourists each year due to its renowned natural beauty, yet visitors often commit traffic violations.
Improving conversational English has been a key component of the West Lake police team's training over the past year. All officers are given a book titled Summit English to facilitate police self-learning and practice, while common phrases are sent through a WeChat group called "Everyday English". An English Service Team has also been established and is providing English service to visitors.
Currently the Mayor of London, he previously served as the Member of Parliament for Henley-on-Thames and as editor of The Spectator magazine. Johnson was educated at the European School of Brussels, Ashdown House School, Eton College and Balliol College, Oxford, where he read Literae Humaniores.
On his father's side Johnson is a great-grandson of Ali Kemal Bey, a liberal Turkish journalist and the interior minister in the government of Damat Ferid Pasha, Grand Vizier of the Ottoman Empire, who was murdered during the Turkish War of Independence.[5] During World War I, Boris's grandfather and great aunt were recognised as British subjects and took their grandmother's maiden name of Johnson. Try as I might, I could not look at an overhead projection of a growth profit matrix, and stay conscious.
He wrote an autobiographical account of his experience of the 2001 election campaign Friends, Voters, Countrymen: Jottings on the Stump. Johnson is a popular historian and his first documentary series, The Dream of Rome, comparing the Roman Empire and the modern-day European Union, was broadcast in 2006.
After being elected mayor, he announced that he would be resuming his weekly column for The Daily Telegraph. After having been defeated in Clwyd South in the 1997 general election, Johnson was elected MP for Henley, succeeding Michael Heseltine, in the 2001 General Election. He was appointed Shadow Minister for Higher Education on 9 December 2005 by new Conservative Leader David Cameron, and resigned as editor of The Spectator soon afterwards.


A report in The Times[22] stated that Cameron regarded the possible affair as a private matter, and that Johnson would not lose his job over it. The Conservative Party hired Australian election strategist Lynton Crosby to run Johnson's campaign.
Johnson pledged to introduce new Routemaster-derived buses to replace the city's fleet of articulated buses if elected Mayor. I believe Londoners should have a greater say on how their city is run, more information on how decisions are made and details on how City Hall money is spent.
Ken Livingstone presides over a budget of more than ?10billion and demands ?311 per year from the average taxpaying household in London.
Under my Mayoralty I am certain that London will be judged as a civilised place; a city that cares for and acknowledges its older citizens. The Mayor’s biggest area of responsibility is transport, and I intend to put the commuter first by introducing policies that will first and foremost make journeys faster and more reliable. If you wish to change the language or use the original language later, please refer to the header or footer for more language options. The park covers 10.34 square kilometers and is designed to accommodate innovation-driven enterprises, technology and a residential population of between 120,000 and 150,000. The road system's trunk roads were completed and opened to traffic and the west part of Xinchuan Heartbeat Central Park, which features green spaces and public amenities, is expected to be completed soon. Three other major projects are also under construction, including two incubation parks - New Generation IT Incubation Park and Biomedical Innovation Park invested by Chengdu High-Tech Investment Group and an operation base of OPPO, a well-known Chinese mobile phone manufacturer. This changed in 2011 when Sembcorp leveraged on the opening of China's western region as an investment hub for the region.
All economic activities will largely be based on HQ control towers, R&D and back-end service centers.
Chipscreen developed Chidamide, a first approved selective HDAC inhibitor for cancer treatment, and Chiglitazar, a configuration-restricted PPAR pan agonist, for type 2 diabetes in phase III development in China.
The park is planned to be a cluster of both industry and residential areas, and its facilities and infrastructure are reasonably well developed, which is appealing to us," Lu said. During the visit, the strategic partnership agreement will be signed by the king and President Xi Jinping. To address this imbalance, major Chinese companies have chosen Morocco for their direct investment in recent years. China can also engage in greater industrial cooperation with Africa and Europe by using Morocco's geographical advantages and its free trade agreements that allow access to markets in 55 countries, representing 60 percent of global GDP.
It was attended by seven Moroccan ministers, other high-level government officials and 400 investors. This policy clearly reflects the king's desire that the Moroccan and Chinese private sectors make a greater contribution to the promotion of the strategic partnership. Many factors made this performance possible, including strong and stable economic growth at 5 percent annually over the past 10 years, and inflation controlled at less than 2 percent. Morocco has designed strategies and policies for each of these sectors to ensure that they offer competitive, profitable and fast-growing projects. All of these plans have given Morocco new impetus, and Chinese companies can make a significant contribution to the country's continuing growth. In addition, the Moroccan embassy in China will gladly offer every assistance to Chinese investors looking to develop and market their products in Morocco. It is among the top destinations for foreign direct investment in Africa and offers investors the advantage of free trade access to 1 billion consumers. Chinese investors are taking a growing interest in Morocco and this will drive the increase in trade. Both countries have placed the continent at the core of their economic development strategies and both have heavily invested on the economic and social levels.
The reasons for this are simple: our economic strategies in the region complement one another, and there are more areas in which it is in our best interest to cooperate rather than compete. To that end, Morocco included a specific initiative within its 2014 plan for industrial acceleration, which will provide Chinese companies with dedicated industrial zones where they can establish complete ecosystems in order to boost their productivity and increase their export capabilities in the area.
For us, this was a clear signal that the strategic and economic partnership between China and Morocco is reaching a new dimension, which we hope to intensify over the coming years.
Xi'an Shopping Center in Xi'an, the capital of Northwest China's Shaanxi province, on April 28. Xi'an Shopping Center is a modern, 90,000-square-meter, seven-level shopping center with plenty of amenities for shoppers, including easy parking with 2,200 spaces, as well as convenient traffic conditions. Xi'an Shopping Center will create a shopping experience that is sure to satisfy the diverse tastes of people across the region," said Robert S. Zhengzhou Shopping Center will host more than 200 international and local top retailers and have food and beverage offerings. She said more opportunities will be seen in China's second- and even third-tier cities in the future. We saw a very good opportunity here, because of the strong support from such a large population. However, China Mall 2020, a white paper report on the future of China's retail sector jointly released last year by Taubman Asia and Mingtiandi, a Chinese market research firm, forecast sustainable growth in Chinese consumption. It has also conducted research and issued a report on big data development that examines and forecasts trends in the industry, its influence on the economy and new services. The project's first phase was completed in May 2015 to allow free Wi-Fi on the city's major roads and main public areas, covering an area of 12.8 square kilometers. Renowned international companies like Hewlett-Packard have launched their data centers in the city.
It boosted rural and cross-border e-commerce and has developed new business, such as e-commerce big data analysis. More than 1,300 big data and related companies set up shop in the city last year, taking the current total in the city to more than 5,000.
The International Big Data Expo 2015 and Global Big Data Era Guiyang Summit attracted many foreign and domestic companies and helped Guiyang become more influential in the nation's big data sector, local officials said.
It has worked to attract more investors and businesses from the big data industrial chain and to build itself into an experimental area for innovation and startups.
The company became a telecom operator in 2003 and began to offer call center outsourcing services in 2014. But Zhao warned that cost-effective labor is not enough to ensure the success of such a business. The members include such domestic big names as Taikang Life, Tianhong Asset Management, China Unicom, Alibaba, JD, China Life, Huawei and iSoftStone.
What we transact here are the analysis results based on big data, not the big data itself," Wang said. The package cost about 5,000 yuan ($770) and included a round-trip to Pyongyang on Air Koryo, hotel accommodation and entry to the marathon. Photography was allowed during the race, according to Hu, but people were told to show "respect" to portraits and statues of state leaders. For example, entrants were told beforehand not to use compression wear under their suits because "it is adverse to the tastes of the Korean people", although he says that the dress code was not strictly enforced. He says they were much more active and enthusiastic than he expected, in particular the women and children inside the stadium and along the marathon route. It is the first project in the northern part of the CEDZ, and the major part of the national-level Sino-French Ecological Park. The two teams held regular weekly meetings to discuss any difficulties and devise solutions. The movement continued for seven years until the start of the War of Resistance Against Japanese Aggression (1937-45). Formerly a landscape design consultant for the Shanghai Expo, he decided to leave the industry after receiving cancer treatment in 2010, which spurred him to rethink his life and career. After recovering from an operation to treat his cancer, he returned to the countryside to lead a healthier lifestyle. There, he discovered that because the area's water source was designated as a protected zone by the authorities, all conventional livestock and farming practices in the vicinity were outlawed to minimize pollution.
In 2012, he decided to use his money to lease an abandoned farm from the local government for 20 years. He knew almost all the traditional industries in Moganshan, including harvesting bamboo as a raw construction material, were not going to develop anymore. This is because he believes it is imperative that, regardless of how beautiful new architecture is, traditions have to be kept alive. After all, the Chinese government has in recent times emphasized the need to fully utilize empty houses and vacant land to develop traditional handicrafts, agriculture and tourism. One of the goals is to draw more visitors from the cities to learn about the local culture and way of life. The peninsula also incorporates Zhuchadao, a small island known for its fertile fishing ground that is 8.5 km off the coast, and Tangdao Bay, which is often compared to the "West Lake of the Sea" for its tranquility.
The event is expected to integrate kite culture, tourism, investment promotion and international communications. It is hoping to attract more than 800 technology companies and 20,000 high-end workers to generate 40 billion yuan in revenue. The R&D center will focus on smart home appliances, ultralow temperature cooling technologies, cold chain logistics and vending machines. It has thus far attracted 26 academicians from the Chinese Academy of Sciences and Chinese Academy of Engineering. The month-long event will help further enhance the region's reputation for grapes, which are a local specialty.
Once the owner of a stone-processing plant, he was forced to consider a new direction when the plant was shut down.
The town's more than 70 hotels and restaurants welcome more than 600,000 visitors annually and they come to taste the grapes and wine on offer.
The bridge has cut transportation time from 45 days to 15 days compared with the sea route. They also learnt the arts of Chinese calligraphy, dumpling making, paper cutting, and discovered the culture of Chinese family trees. Upset by the incident, she wrote to the Shibei district government of Qingdao, suggesting that they introduce a "Neighbor Day" to encourage greater community spirit.
With the theme of "neighbors as family", selected role models and citizen representatives from across the city gathered to share their homemade food and discuss the family stories behind those delicacies.
For example, I was provided with a detailed introduction to the G20 and its background," said Wang. Cascading fears about a hard economic landing for China had receded, replaced with improved growth momentum. This is a nuanced shift from 50 days ago, when he pledged a "prudent" monetary policy with "a bias toward easing". In fact, the International Monetary Fund and several global banks have raised their outlook for China's GDP growth rate this year, after the first quarter.
Nomura noticed that the incremental credit-output ratio -or how much new credit is needed to generate one unit of real GDP growth - jumped to a record-high of five in the first quarter because of the diminishing effect of credit. In particular, the acceleration in credit growth in recent quarters suggested that the debt in the economy, especially corporate debt, will continue to move up," said Zhu Haibin, J.P.
He warned corporate lending as a ratio to GDP had become too high and the country must develop more robust capital markets to mitigate that risk. However, Zhou noted that compared with countries without high saving rates, the ratio is not that high. Having traffic police who can speak fluent English helps maintain order and ensure the safety of tourists, according to officials. They have made a specialized implementation plan, which assigns forms of English language training based on the officer's age and learning stage. In reference to his cosmopolitan ancestry, Johnson has described himself as a "one-man melting pot" — with a combination of Muslims, Jews and Christians comprising his great-grandparentage.[6] His father's maternal grandmother, Marie Louise de Pfeffel, was a descendant of Prince Paul of Wurttemberg through his relationship with a German actress. They have two sons—Milo Arthur (born 1995) and Theodore Apollo (born 1999)—and two daughters—Lara Lettice (born 1993) and Cassia Peaches (born 1997).[13] Boris Johnson and his family currently live in Holloway, North London. In 1999 he became editor of The Spectator, where he stayed until December 2005 upon being appointed Shadow Minister for Higher Education.
He is also author of three collections of journalism, Johnson's Column, Lend Me Your Ears and Have I Got Views For You. On 2 April 2006 it was alleged in the News of the World that Johnson had had another extramarital affair, this time with Times Higher Education Supplement journalist Anna Fazackerley.
Yet Londoners have little confidence in the Mayor spending their money with care and prudence. It was here that David Cameron and all his supporters gathered to congratulate him on becoming Mayor of London. Click on the link in the e-mail to activate and start receiving free alerts when new products are posted! The forum aimed to promote a better appreciation of the existing business opportunities offered in Morocco and China, and open up new economic prospects for the two countries. Along with this, various reforms have been introduced to improve the country's business climate, making the country attractive to both national and international investors.
Bilateral economic relations will be further diversified to encompass unexplored sectors of mutual interest.
It is the outcome of a collaboration between Taubman Asia, a subsidiary of Taubman Centers, and Wangfujing Group, one of China's largest department store chains. And in China, we also have the same standard in building such malls," said Taubman, adding that he is confident in the opportunities brought by the two projects.
Xi'an Shopping Center accounts for about 30 percent of the total space while in other malls owned by Taubman the proportion is about 12 percent. To ensure the village remained relevant in the modern era, he renovated an abandoned silkworm farm at the foot of the mountain, turning it into a creative arts space featuring traditional handicrafts, such as cotton shoes, as well as a cafe, tea house, bicycle club, bookstore, theater and design studio.
Rural reform needs government policy support, but it also needs contributions from individuals," says Zhu, who is also involved in other village reform projects and has set up the Shanghai Urban and Countryside Interactive Development Center. It is home to 13 national post-doctoral science and technology research workstations, as well as 27 mobile workstations, with more than 1,200 employees involved. Gao invested in grape planting and he now owns an estate, which includes a hotel, and offers grape tasting, sightseeing and wine making activities. There was also a 'knock-on-the-door' activity to help neighbors network with each other and enhance communication among them. Pressure on deflation and capital outflow had eased; commodity prices, which had plunged in the previous six months, staged a rebound.
That statement was widely reported and interpreted as the central bank's readiness to scale up liquidity injection if required.
New loans extended by banks jumped to 4.61 trillion yuan, nearly 1 trillion yuan more than the same period last year.
Through Prince Paul, Johnson is a descendant of King George II, and through George's great-great-great grandfather King James I a descendant of all of the previous British royal houses.
His comic first novel Seventy-Two Virgins was published in 2004,[16] and his next book will be The New British Revolution, though he has put publication on hold until after the London Mayoral election.[17] He was nominated in 2004 for a British Academy Television Award, and has attracted several unofficial fan clubs and sites. In 2004 he was appointed to the front bench as Shadow Minister for the Arts in a small reshuffle resulting from the resignation of the Shadow Home Affairs Spokesman, Nick Hawkins. From April 22 to 24, it hosted the "China Good Tech-Overseas Talent Innovation and Startup Competition", with 29 high-end candidate projects in healthcare, smart hardware, energy conservation and exploration and marine technology participating. Bloomberg Intelligence Economics' China Monetary Conditions Index rose in March, hitting its highest level since September 2011, thanks to PBOC's strong pro-growth real interest rate stance, outstanding loans and real effective exchange rate. In 1995 a recording of a telephone conversation was made public revealing a plot by a friend to physically assault a News of the World journalist.




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