How fast can i lose 5 percent body fat,losing weight without exercise success stories,low calorie diet to lose weight fast quickly - 2016 Feature

There is no doubt that we live in a world of manipulation, false promises and exaggerated claims. The reasons these programs become so popular is because they are presented and marketed very well. In my opinion, these photos are selling false or exaggerated promises of what 90 days, etc., of their program can achieve. I decided to take my own transformation photos to see what was possible with just a few easy tweaks.
As you can see, I'm no bodybuilder, but I had enough muscle on me to catch some shadows from the all-important overhead lighting. Just a few weeks ago I took another series of photos in an attempt to be a little more deceptive. Forget about the quick transformations and focus on a life of healthy eating, well-managed stress levels, quality sleep and plenty of movement. We all spend too much time sucking in our guts, trying to look the way we think society thinks we should. If your New Yeara€™s resolutions include losing weight, adding muscle and looking and feeling fitter, happier and healthier then you dona€™t need to spend hours pounding the pavements or even give up your favourite foods.Joe Warner, the deputy editor of Mena€™s Fitness, the UKa€™s best-selling fitness lifestyle magazine, went from flabby, out-of-shape man to a cover model star a€“ complete with rock-hard six-pack a€“ in just 12 weeks, and reveals the secrets to how you can build a brand new physique with only four hours of exercise per week.So what's his secret? Nick Mitchell, the founder of Ultimate Performance, which has two personal training gyms in London, who designed and oversaw Joea€™s training programme says: a€?When Joe came to me he had a 'skinny fat' physique, which is when you have very little muscle mass on your torso but a large amount of fat stored around the stomach.
Joea€™s four sessions were carried out on Monday, Wednesday and Friday lunch times, and first thing Saturday morning, so it had minimal impact on his work or social life. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. That $160 gadget went on sale just four months after Dakele opened its doors, and soon the company, which translates as "Big Cola," made inroads against Huawei Technologies Co and Xiaomi Corp. China's herd of 300 phone makers may be halved in 12 months by competition, a sales plateau and economic growth that's the slowest in a quarter-century, according to executives and analysts. Smartphone sales in China exploded earlier this decade as incomes rose, prices for chips and displays plummeted, and carriers offered arrays of discounts.
Shipments more than doubled in each of the three years ending 2012, according to researcher Canalys. Jack Ding has been selling phones and accessories in his shop on Beijing's Third Ring Road for about two years. The Chinese-born and US-trained biologist set up his healthcare startup, Revotek, in this southwestern city in 2014. A few miles from Kang's lab, AllTech Medical Systems has developed and is selling MRI systems intended to compete with multinational giants such as General Electric Co, Royal Philips NV and Siemens AG, which have dominated the market.
They are among a string of local businesses that stand to benefit from a push by the Chinese city to attract researchers and venture capital investors. China's leaders are seeking new engines of growth as the country's economic expansion hits its slowest pace in 25 years. Since it was launched in 2014, China's campaign to encourage entrepreneurship has helped create tens of thousands of small companies. In Chengdu, the local government has set up seven start-up focused funds backed by private capital totaling 700 million yuan to promote industries like telecommunications, health and biotech. Like Kang's firm, most of Chengdu's startups are many years away from making big profits from their businesses. Dozens of Chinese cities are launching similar programs, and these new ventures also offer a window into the rising ambitions of Chinese researchers, many of whom have trained overseas. His team has been developing techniques to repair damaged skin, hearts, livers and brains in animals including pigs and monkeys through regeneration - a process that involves creating 3D printed structures that can replicate, for example, a layer of skin or a blood vessel. A woman looks at a 3D bioprinter, developed by Revotek, at the launch of the product last October. Average salaries for the managers of State-owned enterprises increased in more than a year since reform of the salary system, although their numbers have fallen.
Announced in November 2014, the plan, which took effect on Jan 1 last year, covering 72 key SOEs, would result in an overall decline in the number of bosses at State firms, said Qiu Xiaoping, vice-minister of human resources and social security shortly after the plan's implementation. However, according to the annual fiscal reports of 48 listed SOEs which are included in the plan, their average annual income in 2015 rose to 1.07 million yuan ($165,200) from the 970,000 yuan a year ago. Mai Boliang, president of China International Marine Containers (Group) Ltd, received the highest annual income of over 6.37 million yuan last year among all the 48 managers.
The central government's intention to bring down the salaries of SOE managers is not only verified by Mai's declining salary but also in another 18 public companies. Even though the five State-owned commercial banks grew steadily and made a total net profit of over 920 billion yuan altogether in 2015, their presidents' income was all nearly cut in half. The recent continuous fall in crude oil prices has resulted in contracting incomes at the two giants - Sinopec Group and China National Petroleum Corporation last year, with their net profit declining 11.4 percent and 70 percent respectively. Of all the 48 managers, Gao Guichao, general manager of Yunnan Copper Co Ltd, only received 60,000 yuan last year, which is even less than the annual income of a courier. The Brazilian unit of the Chinese phonemaker is now selling directly to 50 retail clients and 10,000 stores, compared with 15 clients and 3,500 stores a year earlier, according to Fernando Pezzotti, president of TCL's Alcatel brand in Brazil.
In Latin America, TCL's Alcatel is the No 2 phonemaker in terms of sales volume, Pezzotti said, citing data gathered by the company. In the first half of this year, the company plans to introduce a new phone brand with models that cost less than 1,000 reais ($277) each. The company has dropped the name OneTouch from its brand and will be just "Alcatel," Andre Felippa, Alcatel's vice-president of marketing for Latin America, said at a news conference last week.
In late March, Yunnan Investment Group, a conglomerate wholly owned by the Yunnan provincial government, sold its first $300-million offshore bond, becoming the latest Chinese local government-backed entity or LGE to do so. Prior, Jiangsu NewHeadLine Development Group, a financing vehicle of Lianyungang, a city in eastern Jiangsu province, and Changchun Urban Development Investment Holding (Group), a similar company in northeastern Changchun, sold $200 million and $400 million worth of offshore notes respectively. Tens of thousands of LGEs in China were established to raise funds for local governments to finance costly infrastructure and public facilities.
That landscape is changing, as more little-known companies from less-developed regions or cities jumped on the bond bandwagon, pushing overseas investors to know, for example, where Lianyungang is located. For example, Jiangsu NewHeadLine is backed by a prefecture-level government, and it was rated "BB+" by Fitch, a rare non-investment rating.
The increasing volatility in the onshore market, as well as tapering expectation of a strong US dollar, would push more such firms to go abroad, he said.
They have advised investors to trim their positions in order to guard against the risk of rising volatility. China's A-share market experienced turbulence last week with the benchmark Shanghai Composite Index hovering around the psychologically sensitive level of 3,000 points. Hong Hao, chief strategist at investment bank BOCOM International Co, said the economic fundamentals can improve in the near term but the stock market rally has been stretched and the risks are escalating.
Tu Jun, an analyst at Shanghai Securities Co, said the change in investors' expectation for liquidity and inflation is the key factor that will anchor the future movement of the market. But he noted that the sudden market slump on Wednesday signaled the start of a "mid-level correction" rather than the beginning of an extended decline. Ren said earlier this month that the A-share market could rise as much as 20 percent from the current level. Like many people in China, Chen Hua (not her real name), a 60-year-old resident of Guangdong province, used to hate visiting hospitals because she had to wait in serpentine queues every time she required to see a doctor, pay medical bills and buy the prescribed drugs from the hospital pharmacy. Chen recently suffered from backache and had an online diagnosis with a doctor from the Guangdong Internet Hospital, which is operated by the Second People's Hospital of Guangdong province. Chen is among a growing number of patients who are benefiting from the country's booming internet-based or online medical services.
Dozens of online or internet-based hospitals have popped up across China since the end of last year. Internet heavyweights Alibaba Group Holding Ltd and Tencent Holdings Ltd, as well as a string of startups and local companies, are all eyeing the niche. Jiang Xinwei, an analyst at Beijing-based internet consultancy Analysys International, said the domestic internet-based healthcare industry has entered a new stage, after several years of explosive growth in basic online medical services such as making appointments with doctors and paying medical bills. Qin Zexi, an analyst at Beijing-based iResearch Consulting Group, said the internet-based healthcare industry will continue to gain steam, thanks to the swift development of the mobile internet technology and the government's intensified efforts to push forward medical reform. In March, Li Bin, minister for the National Health and Family Planning Commission, called for more widespread use of the internet to direct patients to different medical institutions based on their needs, so as to reduce the pressure on big hospitals and improve the efficiency of medical resources. Unlike other internet-enabled services such as e-commerce which first boomed in rich eastern provinces, online medical service providers have ventured into less-developed western regions from the very beginning.
We Doctor Group, which has raised more than $100 million from Tencent, opened an internet-based hospital for northwestern Gansu province earlier this month by teaming up with a local public hospital. Alibaba also moved in the same direction by running a similar project in a village in central Hubei province, hoping to help villagers deal with common and chronic illnesses like hypertension and diabetes. But other players are eyeing the higher-end of the online healthcare market, which includes handling of serious and complicated illnesses by pooling top-level doctors. Haodf inked a deal with the municipal government of Yinchuan, capital of Ningxia Hui autonomous region, earlier this month to build an internet-based or online hospital that connects top-level doctors from big cities with patients and doctors in local clinics. The system can work even better for re-diagnosis, given that experts can offer training and technical guidance to doctors in local clinics, who will then be able to properly treat patients, according to him.
Jiang of Analysys International said: "The two models are still nascent, but I am more optimistic about the high-end medical services market because of the enormous demand (for it). But Tian Junzhang, president of the Second People's Hospital of Guangdong province, thinks it is next to impossible to attract so many experts to offer online diagnosis. Huang said time is not a factor because doctors can freely budget their time as long as they adopt an efficient way to treat patients. In addition to technological bottlenecks, analysts said the issue of getting internet-based medical services covered by the National Medical Insurance System remains thorny, especially for prescription drugs sold online. A member of medical staff operates big-screen online diagnostic equipment at a medical center in Hangzhou, capital of Zhejiang province. The all-new Jaguar XFL made its world premiere, while Land Rover's 2016 Range Rover Evoque and Evoque Convertible sport utility vehicles also make their China debuts at this year's event. The first three months of 2016 have shown strong year-on-year growth and marked seven consecutive months of expansion. Operating two renowned luxury brands, JLR and its Chinese joint venture Chery Jaguar Land Rover Automotive have worked to combine elegant design, state-of-the-art products and advanced technologies that aim to give Chinese customers an unrivaled British-style deluxe driving experience. As the only carmaker in the world to have three royal warrants, JLR has a passion for creating special vehicles that combine aesthetic elegance and superior performance, creating loyal customers for life.
Staf are equipped with the skills and opportunities to make the most of their talents and compete with the best in the world, he said. Groups of Chinese workers have spent months at a time working alongside their peers in plants in the United Kingdom and their experience, along with the global standards they have learned, is shared on their return to China. The Jaguar Land Rover Apprentice Training program, which began in 2011, has been expanded to work with 10 vocational colleges around the country over the past five years. Annually, 400 apprentices graduate from the current program, but this number is still growing to meet the company's demand for technical professionals.
The locally produced all-new Jaguar XFL debuts as the luxury brand's first model specifically designed and engineered for the discerning tastes of Chinese customers. The all-new Jaguar XFL represents a culmination of the brand's drive for success and offers the superiority, comfort and performance synonymous with the brand. Exclusive to the China market, the dynamic luxury business sedan's wheelbase has been stretched to 3.1 meters to provide exceptional leg space for the comfort of Chinese drivers and passengers. The vehicles' rear passengers may also appreciate the recently debuted Clear Exit Detections System, which warns of traffic approaching from behind, making it safer to exit the vehicle. As the only vehicle in its segment using lightweight aluminum architecture, Jaguar XFL boasts an aluminum alloy rate of 75 percent. Sharing the stage is the Jaguar XJL Diamond Limited Edition, one of the most luxurious cars ever produced by Jaguar, with an autobiography body kit developed exclusively by the company's Special Operations division. As one of the most popular Land Rover models, the charismatic all-terrain luxury SUV 2016 Range Rover Evoque made a stunning appearance.
Aesthetic improvements such as new LED headlights and a distinctive restyled front bumper are among the upgrades to the new model.
With the optional All-Terrain Progress Control system substantially enhancing its off-road capability, the vehicle lineup has been revised to ofer customers more standard specifications and even better value for money. Updates to the 2016 Range Rover Evoque add to the overall driving experience, consolidating its leading position in this segment. As the world's first luxury mid-size SUV, the Convertible maintains all the classic Range Rover family elements, while adopting stylish elements from the new standard Evoque. Among the latest additions to the lineup, the Evoque Convertible is set to become one of the most appealing models globally. Unlike other internet companies that enter the sector as technology partners, Longmaster acquired a 66 percent stake in Guiyang Sixth People Hospital in 2015 for 155 million yuan ($24 million). On the basis of the Guiyang Sixth People Hospital, the company launched the Guizhou Internet Hospital last year, which enables local patients to visit nearby drugstores or medical centers where they can be treated online by doctors through video calls. It is different from other platforms where doctors can only offer online medical services in their free time, because these platforms have inked contracts with individual doctors rather than their hospitals. Zhong Xiuyun, a doctor at the Guizhou Internet Hospital, said the number of daily patients has surged to an average 500 from less than 10 half a year ago as the company gradually set up more than 90 consultation sites at drugstores and other facilities within the province. According to him, the company has so far recruited over 200 medical experts from across China for the online initiative.
Qin Zexi, an analyst at Beijing-based iResearch Consulting Group, said it is important to remain cautious about the role of the internet in handling complicated diseases. Overseas insurers are increasingly noticeable on the shopping list of acquisition-minded Chinese companies whose recent buying sprees globally have driven the country's outbound mergers and acquisitions to a record high. Since last year, Chinese companies have announced at least nine M&A deals for overseas insurers. The trend highlighted the ambition of the cash-rich Chinese conglomerates such as Anbang Insurance Group and Fosun International Group to build an insurance-driven investment empire, inspired by the principles of US billionaire investor Warren Buffett.
The focus on insurance also reflects the shift in China's overseas M&A activity from energy and resource industries to service and consumer-centric sectors. The most recent deal is Anbang's purchase of Allianz Life Insurance Korea and Allianz Global Investors Korea, the South Korean operations of German insurer Allianz SE. It was the second time for Anbang to acquire a South Korean insurer as it bought a controlling stake in Tongyang Life Insurance Co for $1 billion last year. Another major active Chinese acquirer is Fosun, which has spent more than $5.7 billion buying insurance assets over the past two years. Simon Harris, managing director for global insurance and managed investments at global ratings agency Moody's Investors Service, said that the M&As are attractive because of a combination of economics and favorable asset prices. He cited low funding cost and depressed insurance asset prices in some markets as reasons for the latest wave of Chinese M&As in insurance. The moves by Chinese companies came at a time when overseas insurers, in particular those in Europe, are struggling with stricter regulatory requirements as well as a low interest rate environment, which adversely affected their investment returns.
German insurer Allianz decided to spin off its South Korean business and sell it to Anbang after the insurer suffered a $277-million loss on the South Korean life and health insurance unit last year. Analysts said the M&As could also be fueled by the desire of Chinese companies to diversify their investment into global markets against a weaker renminbi and the intention to gain more low-cost capital through the expansion of the insurance business.
Meanwhile, other Chinese investors have joined the acquisition spree to take advantage of China's growing demand for overseas insurance products.
JD Capital, a Beijing-based private equity firm, has offered to buy the life insurance operations of Hong Kong-based financial group Dah Sing Financial Holdings Ltd, Bloomberg had reported citing people familiar with the matter. The report said the deal reflected JD Capital's plan to unlock the value of the business at a time when Hong Kong insurers are seeing big increases in product demand from the Chinese mainland. But analysts warned the latest insurance M&A deals could bring new challenges such as low interest rate exposure, volatile business conditions and growth pain. He noted the M&A activities would continue but they will likely be at a slower pace in the coming years. Just how increasingly prudent and cautious Chinese companies are is illustrated by Fosun's termination of its $462-million purchase of Israeli insurer Phoenix Holdings Ltd in February.
Some analysts speculated the cancellation may indicate the intention of Fosun to reduce its leverage and improve its investment rating after the rapid sprawl of its investment in international markets.
An interview with Zou Yin, the low-key chief executive officer of DHL Supply Chain China, is a rare event. Some Western humor punctuates his discourse, probably a result of his long work experience in Germany. But it would be a folly to attribute the success of DHL Supply Chain in China in the past few years to Zou's office fengshui alone.
Over the past few years, DHL Supply Chain in China has seen many of its customers, particularly those in the technology and automotive industries, move up the value chain.
Zou said he recently had a chat on the subject with a senior vice-president at a top Chinese telecommunications company based in Shenzhen.
From focusing on a low-cost supply chain model, they are looking for alternatives in the market. Work experience: He has been with DHL for over 12 years, during which time he has held management roles in Europe, the United States and China, covering commercial, strategy, shared services and operations.
Education: He graduated from Peking University with double major degrees in chemistry, economics, and a minor in law.
Blackstone Group LP named Christopher Heady as chairman of its Asia-Pacific businesses, promoting a 16-year veteran banker who played a key role in expanding the group's real estate business in the region. Twitter, a social media website famous for hashtags and a 140-character "tweet" limit, has appointed PepsiCo's chief financial officer to its board. China has emerged as the world's largest cultural goods exporter in value terms in recent years. Yet experts say the country still lacks domestic brands that can create a profound impact on the global market, which can be attributed to market barriers and the late start to its culture industries.
China's main cultural goods and services include gold jewelry, art such as statues and paintings, crafts like pottery and chinaware, music, dance, movies, travel, sports, education, entertainment and artisan handicrafts. According to the Ministry of Culture, the actual consumption level for cultural products and services is about 1 trillion yuan ($154 billion; 136 billion euros). The 13th Five-Year Plan (2016-20) has positioned cultural industries as a key pillar of the national economy.
That is in tune with the recent rapid growth in China's cultural exports, which began in 2009. Emerging markets like Turkey, India and Malaysia have also emerged as leading exporters of cultural goods.
While cultural trade between developed countries has remained strong, the trade between emerging markets has stayed weak, the report says. Despite the global economic downturn and the advent of online consumption, global trade in cultural goods doubled between 2004 and 2013, showing the strong resilience of cultural industries.
Gold jewelry, art and crafts, statues and paintings have been the most traded cultural goods globally. In 2014, value-added cultural industries accounted for less than 4 percent of China's GDP compared with 25 percent in the US, where a stable base facilitates mature growth, unlike in China where the development of cultural industries is marked by many untapped resources.
Nevertheless, some of the well-regarded cultural enterprises in China have achieved significant revenue growth, burnishing their reputation.
Huayi Brothers Media Corp, China's largest private film company, says it plans to expand its international reach, especially in the US. The company also plans to work with STX Entertainment, a film and TV company based in California, to co-produce 18 films, to be distributed worldwide by 2018. It is the first such formal agreement between a Chinese company and Hollywood, and the first time that a Chinese film company will take proportional profits at the global box office. In recent years, Chinese people have attached greater importance to their spiritual and cultural life, and the demand for travel, sports, educational and entertainment services has grown. Global demand for Chinese cultural products may boom in the foreseeable future, if the success of Dynamic Yunnan is any indication. Dynamic Yunnan has staged performances at home and abroad, including at popular tourism sites.
The company began to develop related businesses, including sales of cultural products, and has even diversified into real estate. The Beijing-based enterprise also says it plans to create an international performance alliance with a focus on musicals. Parent company China Poly Group Corp, founded in 1992, has deep roots in several sectors, including cultural and arts operations, international trade and services and real estate development. Poly Culture mainly has helped domestic cultural enterprises to export their products to emerging markets such as Southeast Asia. In recent years, Poly Culture has put on live performances of original Chinese musicals in mainstream theaters in Southeast Asia and South Korea. In Western countries and developed markets, watching live performances is a common form of entertainment.
Xu says a scarcity of talent is the biggest challenge to the export of high-quality Chinese performances, such as the shortage in cultural personnel who can manage an international business. With this in mind, Poly Culture says it is focusing on creating a team of multinational talent. A Chinese actor prepares to play the Monkey King accompanied by an Australian orchestra at a Sino-Australian cultural concert. The return sought by Blackstone in such a short turnaround time is significant, and also highlights a trend of Chinese investors buying overseas assets from private equity companies.
China's biggest overseas acquisition from a pe firm - China National Chemical Corp's purchase of German industrial machinery maker KraussMaffei Group for $1 billion in January - was made from Canadian PE company Onex Corp.
Seven Chinese overseas acquisitions have already been made from PE companies this year, with deals totaling $5.70 billion, according to Dealogic. China's biggest overseas acquisition - China National Chemical Corp's purchase of German industrial machinery maker KraussMaffei Group for about $1 billion in January - was made from Canadian PE company Onex Corp.
Analysts say a key factor behind the trend is the increasing willingness among PE firms to sell their portfolio companies through trade sales as an exit route due to current favorable merger and acquisitionsconditions. He says despite the apparent high profit margins involved when PE firms sell to Chinese companies, it is not possible to assess whether they have overpaid.
However, Chinese companies are not prepared to pay high amounts for targets when they feel prices are not justified.
The consortium, which also included private equity firms JC Flowers & Co and Primavera Capital Group, dropped out because the deal became too expensive, says Fred Hu, chairman of Primavera.
Andre Loesekrug-Pietri, founder and managing partner of ACapital, a PE firm in Brussels, says one way for Chinese enterprises to lower the risk of overpaying for an outbound deal is to co-invest with a foreign company that understands China and has "expertise in managing a company in the US or in Europe". Despite the best attempts by Chinese companies, paying a premium to private equity firms may be unavoidable and, in some case, justified.
James Hsu, a partner at law firm Squire Patton Boggs in the US, says PE firms' portfolio companies are attractive to Chinese firms because they have standardized and professionally audited financial statements, which makes due diligence and value recognition much easier for Chinese buyers. Small businesses, often startups or family-owned companies, are one type of asset PE firms like to acquire then use their expertise to standardize accounting and auditing standards, build a stronger professional management team and sell at a premium.
For such firms, the process of doing due diligence would be more complex and lengthy if Chinese firms try to acquire them directly, Hsu says. PE firms also like to buy publicly traded companies, to take them private and then sell at a premium.
Gong Jie, a partner at PE firm Pantheon in London, adds that Chinese purchases from Western PE firms are likely to occur in situations where purchases are made to acquire Western design, technology and brands to upgrade the buyers' domestic offerings. In those cases, she says, the acquisition targets often are in earlier stages of growth, meaning PE firms can use their local knowledge and deal-making skills in working with Chinese companies. Those deals contrast with Chinese acquisitions that focus on diversifying the buyer's assets and geographical locations, often targeting stable, mature businesses with strong professional management. Some assets bought from Western PE firms by Chinese companies a few years ago have already proven successful after post-merger integration.
Knowledge-sharing between the parent and subsidiary also allowed Chongqing Machinery to upgrade its technology. He was speaking at the Asian Business Aviation Conference and Exhibition, which opened in Shanghai on April 12. Corporate jets used to be designed in accordance with Western preferences because its main customers were in the United States and Europe. Heidi Fedak, senior manager for external communications with Gulfstream Aerospace Corp, says it will add kettles and rice cookers specifically for Chinese customers, as well as replacing knives and forks with chopsticks.
On average, an interior designer spends a year communicating with a customer to take note of his or her preference in every detail of decoration, Fedak adds.
As early as March 2011, Airbus SAS proposed a new cabin concept called Phoenix, which featured a gold and red color scheme.
Similarly, by incorporating Chinese culture, Brazilian manufacturer Embraer SA offers tailored designs that use Chinese paintings, lucky images of clouds and plum flowers, and Chinese-style furniture. Average cost of outfitting a large corporate aircraft, similar to one from Boeing Business Jets, is between $25 million and $40 million, and it takes up to three years to finish, Liao says. The Canada Pension Plan Investment Board wants its presence in China to match the country's contribution to global GDP, Mark Wiseman, its president and chief executive, says.
The pension fund is one of the largest in the world, with assets of $215.7 billion as of December. Mark Wiseman, chief executive officer of the Canada Pension Plan Investment Board, intends to grow investment in China significantly by tapping rising consumer demand. He intends to increase investment in China significantly by tapping rising consumer demand and building cross-asset portfolios that cover real estate, logistics, infrastructure, and private and public equities markets. The fund began investing in China in 2008 and has signed several high-profile deals, including making a $314.5 million investment in e-commerce giant Alibaba Group Holding Ltd in 2011 and forming a joint venture last year with Vanke Co Ltd, a major residential property developer, to invest $250 million in China's real estate market.
The Canada Pension Plan Investment Board also manages an investment quota of $1.2 billion in the Chinese equities market under the qualified foreign institutional investor program, and has gained a license to invest in the country's interbank bond market.
What is your assessment of the Chinese economy, and how will the country's economic transformation affect your investment strategy?
What sectors in China do you want to increase the fund's exposure to, and what sectors do you plan to exit? How do you see the volatilities of the Chinese stock market and the way the government stepped in to stem the market rout?
Is there any experience from the Canadian pension fund reform that you think China can learn from? We're lucky in Canada that in 1997 there was a fundamental reform of the national pension scheme, which was led by then-finance minister Paul Martin, who tried to put in place a system that would be sustainable for generations. China has a population that is living longer; but you also have a population in terms of structure that is going to be disproportionately old as a result of the one-child policy. The good news is that China has time given its economic growth and the profile of the population; but it doesn't have much time. In many respects, we operate like an investment company because we have one client, which is the national pension system.
We know very clearly that our job is to make risk-adjusted returns in order to pay the pensions of 19 million people. There is a Chinese proverb that goes, "Never trip on the same stone twice." In the investment business, making mistakes is OK. Under the deal, Ctrip pledged to purchase 3 billion yuan worth of China Eastern's A shares. According to Yu, investors in Hong Kong and the United States showed their spontaneous reaction to the collaboration, as the cooperation is positive to the growth of the company, but investors on the Chinese mainland may set their eyes on the long-term prospect of the decision. According to the agreement, China Eastern Air Holding Co, the parent company of listed China Eastern, and Ctrip agreed to explore cooperation in the fields ranging from tourism products, low-cost aviation, IT, e-commerce, to equity and capital market. In addition to executing subscription of 3 billion yuan worth of shares issued under a private placement by China Eastern, Ctrip would like to increase its stake in China Eastern to 10 percent, according to Liang Jianzhang, Ctrip's cofounder, chairman and CEO.
China Eastern has been actively seeking collaboration with both domestic and international partners in the past months to strengthen its competitiveness. In July 2015, it inked an agreement with Delta Air Lines to sell its 10 percent H shares to the US carrier, with a value of $450 million. After this additional share issuance, China Eastern Air Holding will have its stake in the listed company cut to 52 percent from the current 62 percent, according to Ma. The nation's three major airlines, or Air China Ltd, China Eastern Airlines and China Southern Airlines Co Ltd reported a combined net profit of more than 15.1 billion in 2015 thanks mostly to the cheaper fuel. Tang Xianzu and William Shakespeare were contemporaries and both masters of their craft, who coincidentally died in the same year. Scholars who specialize either in Tang or Shakespeare are having a field day looking for similarities between the two as the anniversaries of their deaths are marked in the United Kingdom, China and around the globe. There is even a student production, a mashup of Shakespeare's A Midsummer Night's Dream and Tang's A Dream Under the Southern Bough, which will be presented in Leeds and Edinburgh in the UK, and in three Chinese cities. Japanese scholar Aoki Masarut was the first to draw a link between the two in his 1943 book A History of Chinese Literary Thought, yet, dying in the same year, 1616, is not reason enough to lump them together.
While nobody in the English-speaking world can hold a candle to Shakespeare, Tang was just one of the greats of Chinese drama. Both Tang's and Shakespeare's plays were meant for the stage, but they served different audiences. Tang's lines were sung mostly at family theaters at a time when aristocrats and retired officials were patrons of the arts who owned and ran their own entertainment troupes. Though no one can touch the Bard in scope and richness, there is one area where Tang shines, and that is in the use of dreams, not only as a plot device but also a philosophical tool. His quartet of plays all build on dreams, often hinting that life as we know it is empty and all the clamor for power eventually amounts to nothing.
In The Peony Pavilion, his most renowned play, Tang elevated the dream to a level that Sigmund Freud would have recognized. Even though Liu, the young man, had dreamed of her, it is his discovery of her portrait three years after her death that plants the seeds of obsession.
It is ironic that the eroticism permeating the play and the eventual resuscitation of the female lead from her grave seem toned down or removed for the sake of political correctness, depriving the tale of its psychological depth and reducing it to pure romance.


Of all Shakespeare's works, the dream features most prominently in A Midsummer Night's Dream. For the deux-ex-machina happy ending, Pavilion is evocative of sadness that is absent from Shakespeare's Dream. Shakespeare was a professional dramatist while Tang was a civil servant who happened to pen a few plays and thousands of poems. They both represent peaks in culture, but we should refrain from measuring which peak is higher and focus instead on what's unique about each of them. How can we free ourselves of the limitations of culture so that we can have better exchanges? The comparison of Tang and Shakespeare can serve as a point of departure for meaningful conversations about art, literature and cultural inspirations, rather than being an end in itself. Actors perform William Shakespeare's play A Midsummer Night's Dream during an event to celebrate St George's Day in London on Saturday.
China's weather authority canceled its blue alert on Sunday as rainstorms in hard-hit areas started to weaken. Pan Jingsu, deputy mayor of Baoding and chief of the city's public security bureau, has been put under investigation on suspicion of serious violations of Party discipline, the province's discipline inspection commission said on Sunday. A firefighter died in a chemical warehouse fire that raged from Friday morning until the early hours of Saturday, the provincial fire department confirmed on Saturday. Police have arrested 62 people for committing what they believe is the biggest telecom fraud case ever in China. A Harvard Sinologist has completed the first English translation of the complete works of poet Du Fu of the Tang Dynasty (AD 618-907). Editor's Note: Economists attending a recent forum organized by the Institute of World Economics and Politics of the Chinese Academy of Social Sciences in Beijing argued that if the government can successfully manage reforms, it is highly likely that China can further release its growth potential to become a high-income economy. Economists attending a recent economics forum in Beijing argued, however, that if it can successfully manage its reform agenda, it is highly likely that China can overcome the trap. The middle income trap refers to a situation in which an economy is hampered by high wages and the loss of its competitive edge and, therefore, is unable to continue to expand beyond what the World Bank defines as the "middle-income range".
In 1960, 101 countries were defined as middle-income economies by the World Bank, and only 13 of those had become high-income countries by 2008. China's per capita GDP has reached $8,000 and whether it can further release its growth potential to become a high-income economy has been a hot topic among academics. Economists participating in a forum organized by the Institute of World Economics and Politics of the Chinese Academy of Social Sciences from April 13 to 14 said China must narrow income inequality and carry out its reform agenda if it wants to avoid falling into the trap. A country that has fallen into such a trap is likely to suffer from two major problems: significant income inequality and bad macroeconomic management, said Wang Xiaolu, an economist with the National Economic Research Institute. Most Latin American countries, for example, experienced hyperinflation from the 1970s to 1990s, which did not occur in East Asian economies, leading to diversified performances of the two groups of economies, he said.
Naoyuki Yoshino, dean of the Asian Development Bank Institute, said China should closely monitor the issue of income inequality and use its tax system to narrow the gap.
He also urged the government to pay attention to State-owned enterprises that are losing money because their deficits will strain local governments and the banking sector, ultimately affecting the overall health of the economy. China still has a lot of growth to realize, said Justin Yifu Lin, an economist at Peking University and a former World Bank economist. Mingwang Cheng, an economist at the School of Economics and Management at Shanghai-based Tongji University, said that although China may have lost its competitive edge in cheap labor, "the reform of the system, the perfection of the market and the bonus of the human capital promotion still exist", leading to great opportunities for economic expansion. China has become more innovative and it has more than 100 Global Fortune 500 enterprises, laying a solid foundation for its economy to continue to expand, said Keun Lee, an economist at Seoul National University. It is reassuring that the Gini coefficient, which gauges wealth inequality, has started to decline, he said, predicting that China will successfully overcome the middle-income trap. China's Investment 2016, issued by JIC Institute of Investment Research, notes that insufficient investment demand is the leading factor in China's economic downturn, but the tide is likely to turn during the year.
After several years of decline, investment is expected to stabilize then pick up later this year. Zhang Liqun, a macro-economy researcher with the Development Research Center of the State Council, said the central government will finally see the results of the efforts it has made to stabilize growth since 2012. According to the report, major investment opportunities this year lie in three major areas: independent innovation, industry upgrades and changes in consumption. Innovation is key to the transition from an economy that has been inefficient and environmentally unfriendly into one that better meets the country's needs across industries, as outlined by the central authorities. Recently launched national strategic plans, including "Made in China 2025" and "Internet Plus", will propel the economy forward by fueling the development of industries that add value, are knowledge - and technology-intensive and are green and low-carbon. As to consumption, the State Council issued two guidance documents in December to promote trends that will drive economic growth from investment and exports to consumption.
International evidence indicates that when a country's per capita GDP exceeds $5,000, consumption habits change and people spend more on culture, entertainment and health. Since China's per capita GDP has reached $8,000, there will be abundant investment opportunities to meet changing trends in consumption. According to a market review by the research institute, investors should focus on the foreign exchange market, the stock market, the real estate market in first-tier cities and fixed income trust products. The foreign exchange market is likely to see more opportunities this year despite turbulence. Downward interest rates and the implementation of a registration-based IPO system should lead China's stock market to slowly bottom out with fluctuations this year.
But investors, whether organizations or individuals, face the common challenge of asset allocation in various fields. On the demand side, due to the Central Bank's successive interest rate cuts since 2014 and the drastic stock plunge in the latter half of last year, a huge amount of capital is seeking financial assets with relatively higher returns as well as lower risks.
On the supply side, investments with high returns in the past, such as real estate, show declining investment returns that will continue to fall this year.
Li Yang, president of the National Finance and Development Laboratory, suggests investors pay attention to the urban infrastructure field, which has "real potential and real problems" in China. China's debt-for-equity swaps, designed to shed 1-trillion-yuan ($154 billion) worth of underused capacity, have raised numerous questions about how the government will resolve the bad debts of inefficient companies, Caixin magazine recently reported. Discussions about how China will deal with insolvent State-owned enterprises have been ongoing for months, but Caixin's report on Monday was the first to outline the scope of the plan to convert nonperforming, problematic and "normal" loans on the banks' balance sheets to shares in distressed companies. Premier Li Keqiang indicated earlier that this would be a top-down, national strategy to alleviate the companies' repayment pressures, not a piecemeal response. There is similar precedent from just a year ago, when the central government allowed indebted local governments to issue 3.2 trillion yuan in low-yield bonds to swap for existing high-cost debt. Both cases are bailout plans with Chinese characteristics, highlighting the central government's persistent aversion to defaults and liquidation. Bankers with the knowledge of Beijing's plan assured Caixin that only those companies with promising prospects that are suffering short-term distress would be included in the plan.
For example, how will zombie firms be identified, versus those promising companies that deserve bailouts? Egypt and Kenya are hoping an influx of Chinese visitors will provide a major boost to their tourism industries this year, according to senior officials in both nations. As many as 200,000 Chinese are expected to travel to Egypt this year as its tourism market continues to recover, says Samy Mahmoud, head of the General Authority for Tourism Promotion in the north African country.
More than 125,000 tourists arrived from China last year, up from 64,000 in 2014, he says, adding that the number is expected to rise further, with travelers attracted by popular sites such as the pyramids at Giza and ancient temples.
He says about 15 flights from Chinese cities land in Cairo, Luxor and Hurghada every week, while Egyptian travel agencies are working with counterparts in China to promote its destinations.
Since the 2011 uprising that toppled former leader Hosni Mubarak, Egypt has been in political, economic and social chaos, causing recession to its tourism industry, one of the main sources of the country's national income and foreign currency reserves.
The Russian airplane crash in North Sinai in October also dealt a heavy blow to the industry, with several countries, including Britain and Russia, suspending all flights to Egypt. However, Mahmoud says Chinese President Xi Jinping's visit to Egypt in January "sent a positive message" that "Egypt is safe and everything is under control". He says his government is working hard to breathe life into the ailing tourism industry with promotion campaigns. As a result, he says, the number of Arab tourists in January and February was up 45 percent on the same period last year, while those from Ukraine and Poland are good. He explains that the target is to attract 9 million tourists this year, rising to 20 million annually by 2020. Meanwhile, Kenya is to extend its tourism marketing campaign beyond Beijing to woo visitors from more cities, according to Jacinta Nzioka-Mbithi, acting CEO of its national tourism board. According to data from her office, about 29,000 Chinese visited Kenya last year, down from 33,000 in 2014. She says more than 35,000 Chinese tourists are expected to visit her country this year and that early indications are positive. The central government has been trying to revive the tourism industry, as terror attacks by al-Shabaab militants in recent years have kept visitors away.
The latest innovative technologies, products and development models from Shanghai's Zhangjiang National Innovation Demonstration Zone are on display at the fourth China (Shanghai) International Technology Fair from Thursday through Saturday. Approved by the State Council in 2011, the Zhangjiang demonstration zone now has 22 industry parks across Shanghai. The E-Spyder developed by Yuneec Co is an electric-powered aircraft, receiving airworthiness certificate in Germany in 2013. In addition to the new technologies, products and development models from Zhangjiang, a number of joint innovation achievements between Zhangjiang and regions with collaboration with Zhangjiang are on display at the fair. More than 30 representative enterprises and institutions from the industry parks under the Zhangjiang demonstration zone are present at the event. They are exhibiting their latest technologies, products and services relating to advanced equipment manufacturing, the new generation of information technology, biomedicines, new materials, Internet plus and big data, with some having an international influence, according to the zone's officials. The cutting-edge technologies and products on show include a superconducting single photon detector developed by the Shanghai Institute of Microsystem and Information Technology under the Chinese Academy of Sciences, an electric aircraft that has the world's first electric power certificate for a manned aircraft, a medical big data network which connects hospitals and medical laboratory, an internationally leading capsule endoscope robot system, and an underwater robot. Other leading technologies and products on display also include PET-CT medical imaging equipment, a new cross-laminated timber building material and intelligent fiber-laser marking machines for advanced manufacturing. Some entertainment products that are interactive with visitors, such as virtual reality products and split-type televisions are also in the exhibition.
In addition, Zhangjiang has an exhibition area to show its globalization strategy and its role in driving regional development.
In February, the Shanghai Zhangjiang Boston Enterprise Park was jointly launched by the management committee of the Zhangjiang National Innovation Demonstration Zone and the US-China Partnership Committee in Boston, Massachusetts. The park in Boston aims to provide a site for sharing innovative resources between China and the United States, to bring more professionals, technology, enterprises and capital to Shanghai and increase technological cooperation in technological, market expansion and capital operations between China and the United States. Zhangjiang has worked on building new service platforms for science and technology professionals.
Zhangjiang also serves national development strategies, including the Belt and Road Initiative, the Yangtze River Economic Belt, the Beijing-Tianjin-Hebei integration program, by exploring ways to establish cross-regional development with other cities. For example, following the country's Belt and Road Initiative, Zhangjiang has joined in the construction of the Lanbai Science and Technology Innovation Pilot Zone in Gansu province. Focusing on biomedicine and energy industries, the Zhangjiang park has established a technology transfer center and an enterprise incubator in the Lanbai zone. Zhangjiang has also set up the Zhangjiang-Zhangjiakou High-Tech Industry Park in Hebei province. With a planned area of 25.4 sq km, the Zhangjiakou park focuses on developing the new-generation information industry and industries for new energy, energy saving, environmental protection, intelligent manufacturing, healthcare and winter sports equipment.
In addition, Zhangjiang has established a partnership with Suzhou in Anhui province, to strengthen collaboration between China's eastern and central regions.
The management committee of the Zhangjiang innovation zone reached a cooperation agreement with the Suzhou government, beginning to explore effective ways to promote coordinated regional development, including strengthening cooperation between parks under the Zhangjiang zone and Suzhou's industry zones.
Authorities in Zhangjiang hope to use their advantages in branding, capital, technology, personnel, finance and management to help promote Suzhou's development.
Some innovative products from cooperative parks established by Zhangjiang and other cities are on display at the Shanghai International Technology Fair. UN Secretary-General Ban Ki-moon met with President Xi Jinping's special envoy on Thursday on the eve of the Paris Agreement signing ceremony and acknowledged China's contribution to the climate breakthrough.
Xi's special envoy, Vice-Premier Zhang Gaoli, applauded the historical significance of the Paris Agreement and the effort of the United Nations and Ban.
High-level officials from more than 165 countries were expected to sign the agreement at UN headquarters in New York on Friday. Zhang said China, as the largest developing country, recognizes its responsibility and will adhere to a path of innovative, coordinated, green, open and shared development. China will build more low-carbon cities, push for zero-carbon projects and create a nationwide carbon market, Zhang said.
Ban said the UN wishes to increase cooperation with China and together implement the agreement. After the signing ceremony, China will take the necessary steps to ratify the agreement as soon as possible, said Su Wei, director of the Department of Climate Change of the National Development and Reform Commission. On Thursday, a new cooperation effort was launched to help countries in the Southern Hemisphere implement climate agreements reached through the 2015 Paris Climate Conference. The effort, known as the Southern Climate Partnership Incubator, was launched by the Executive Office of the Secretary-General and the UN Office of South-South Cooperation. South-South cooperation, which refers to the mutual sharing of resources among developing countries in the Southern Hemisphere, is an important supplement to North-South cooperation, Xie said in prepared remarks. Speaking on behalf of the Group of 77 - a group of developing countries at the UN including China - Virachai Plasai, Thailand's permanent representative at the UN, said South-South and triangular cooperation are "dear to the heart of the Group". Plasai said he hopes to see "the momentum created by this initiative to promote South-South and triangular cooperation carrying on in other important areas apart from climate change".
All 45 Taiwan telecom fraud suspects who were repatriated to China from Africa on April 13 have confessed, Xinhua News Agency reported on Thursday. Chen added that each year wire fraud criminals from Taiwan obtain more than 10 billion yuan ($1.55 billion) from the Chinese mainland, despite repeated crackdowns launched by both sides of the Straits. On Thursday, the day after it arrived in Beijing, a 10-member Taiwan delegation visited the house of detention, where 45 suspects from the island are currently held, and it saw the suspects through a monitor. Chen Wen-chi, leader of the delegation and a cross-Straits legal affairs official in Taiwan, said in an interview with Xinhua that "all of the Taiwan suspects are in good condition.
The delegation also visited the detention house's medical facilities and was informed that the suspects' legal rights have been protected - many have already met with their lawyers. She said the delegation will convey the information provided by mainland police to the judicial department in Taiwan, and the island will cooperate with the mainland on cracking down on cross-Straits telecom fraud. After releasing 20 fraud suspects who were deported from Malaysia on Saturday, citing a lack of evidence, Taiwan police arrested 18 of them on Thursday and restricted the remaining two from leaving the island, as clues have been detected.
For Japan's victimized Asian neighbors, the shrine remains tainted by its association with the war, although it ended more than 70 years ago. On Thursday, Japanese Prime Minister Shinzo Abe offered a "masakaki" ceremonial tree to the shrine in Tokyo. Asked on Thursday afternoon about Abe's ritual offering to the shrine, Hua said that Japan is urged to "take practical action to win back the trust of its Asian neighbors and the international community". On Friday, South Korean Foreign Ministry spokesman Cho June-Hyuk said in a statement that the shrine glorifies Japan's past colonizing of neighbors and its war of aggression, and he urged its politicians to properly face up to history. Lyu Yaodong, an expert on Japanese diplomacy at Chinese Academy of Social Sciences, said that as Japan will host the G7 summit next month, Abe did not personally visit the shrine, but instead honored it with a gesture "politically intended to satisfy countries such as the United States, who defeated Japan in World War II, and are now in the G7". Japan's ties with China and South Korea were seriously impaired in 2013 after Abe visited the shrine by himself, which also triggered complaints from Washington. In another development, China's General-Consulate in Fukuoka has transferred 135 Chinese students, Chinese residents and other foreigners from Kumamoto prefecture, which was hit by earthquakes, to other places in the Kyushu region. The general-consulate closed its emergency response headquarters in Kumamoto on Friday, one week after the earthquakes, according to Consul General Li Tianran. The overall employment situation in China during the first quarter was stable, despite downward pressure on the economy.
An additional 3.18 million urban jobs were created in the first three months of 2016, said ministry spokesman Li Zhong at a news conference on Friday. The new jobs created have canceled out job losses brought about by the slowing economy and the restructuring of the manufacturing sector. However, when compared with last quarter, the labor market is grim, with fewer vacancies and a smaller number of jobs created.
Zeng Xiangquan, dean of the School of Labor and Human Resources at Renmin University of China, said there are still unpredictable factors in the domestic macroeconomic situation. He said the job market was still in a weak recovery state due to deflationary pressure and the doldrums of the real economy. The demand for workers in central and western parts of China fell during the first quarter of the year in the wake of those regions taking steps to reduce excess industrial capacity in the labor-intensive energy and manufacturing industries.
According to a report about the job market jointly released by the Chinese human resources website Zhaopin and the China Institute for Employment Research on Thursday, the demand for labor in the western region dropped 3 percent in comparison to the same period last year. The eastern region had a better time, seeing a 5 percent growth in the demand for workers, despite the slowing economy. The report said the task of reducing excess industrial capacity is a top priority in many provinces. China's economy is expected to face extra pressure as additional excessive industrial capacity is shed, especially in the steel and coal sectors.
The moves are in response to the Chinese government's vow to deal with excess capacity and eliminate hundreds of so-called zombie enterprises - loss-making firms in struggling sectors.
The province's environmental protection bureau said the concentration of four major pollutants - fine particles, inhalable particulate matter, sulfur dioxide and nitrogen dioxide - decreased during the first three months. The provincial government in Shandong is among the first to participate in the rewards program, which offers compensation for successes and financial punishments for failures in air pollution control. The provincial government has invested more than 300 million yuan since 2014 on encouraging its cities to improve their air.
The compensation is essentially offered for lost income because of factories closing or modifying in the pursuit of better quality air. Wang Zuwu, a professor in the School of Resource and Environmental Sciences at Wuhan University in Hubei province, said other provinces and cities could adopt similar incentive schemes to control air pollution, based on their own sources of pollution and their ability to offer compensation. However, Wang also pointed out that the quality of air quality monitoring will also need to be improved, otherwise such schemes would be flawed and rewards and punishments could be inappropriate.
Wang also said policy makers should make it clear who must foot the bill for any compensation offered because tax payers should not be left out of pocket. Wang added that experiences from pilot regions, such as Shandong, will give the central government the tools it needs to improve the initiative and promote it nationwide. More than 30,000 people visit the alleyway each weekday, and the number climbs to 50,000 on weekends and has been known to hit 100,000 on public holidays, said the Beijing Municipal Commission of Tourism Development.
The daily influx of visitors greatly outpaces the safe capacity of Nanluoguxiang, which is able to comfortably cope with 17,000 visitors a day, according to the specifications of the national tourism authority. Critics of the currently overcrowded situation say hoards of tourists in the street cause traffic congestion in the neighborhood and leave little room for emergency vehicles or space for an evacuation. The tourism authorities have also approved removing the alleyway from the city's list of National AAA Grade scenic areas, something it hopes will also reduce the number of visitors. Nanluoguxiang, which was one of the first 25 historical and cultural street blocks to be protected in Beijing, has a history stretching back more than 740 years. Many tourists sites in the capital, including the Palace Museum, have had to deal with similar problems because of the overwhelming number of visitors and have restricted access. In the case of the Palace Museum, around 80,000 people a day now visit, following restrictions brought in last year. The Nanluoguxiang area of Beijing is crowded during the Tomb Sweeping Day holiday earlier this month.
China's meteorological authority on Friday maintained a blue alert, the lowest level in its four-tier warning system, in connection with rainstorms that are expected to hit some southern regions. The Ministry of National Defense on Friday dismissed a media report that claimed China had sent a large number of troops to its border with the Democratic People's Republic of Korea. A Taiwan court on Friday upheld the death sentence of Cheng Chieh, who was convicted of murder and multiple attempts to kill after carrying out a subway knife attack in 2014. Facing a predicted surge in pregnancies this year following the adoption of the universal second-child policy in China, major hospitals in Beijing are setting aside twice as many beds as usual for woman with high-risk pregnancies. Health authorities in the capital say they will increase the number of obstetrics beds and available staff in public hospitals - and purchase services at private hospitals if necessary - to meet the expected demand, the Beijing Municipal Commission of Health and Family Planning said on Monday. The number of births in Beijing is expected to exceed 300,000 this year, a rise of about 20 percent from the levels of previous years, Fang Laiying, head of the commission, said in November. But, a large portion of those eligible to have a second child are over 40 and likely to face increased risks during their pregnancies, including hypertension, which will pose a greater challenge for hospitals, the commission said.
Local health authorities have responded by stipulating that pregnant women in high-risk groups, such as older women and those with health issues, must give birth at Grade A hospitals, the commission said. At those top-end obstetrics hospitals, high-risk women will account for 80 percent of admissions, up from the previous 40 percent, the commission said. Health authorities in the capital are also required to offer enhanced monitoring to women in high-risk groups, along with advanced treatment to head off complications during pregnancy, the commission added. Meanwhile, a citywide network will be developed this year for the treatment and transfer of newborns with serious conditions, the commission said. About 90 million women in China are newly eligible to have a second baby following the universal second-child policy's implementation on Jan 1.
Chao Wei, a publicity official from Beijing Obstetrics and Gynecology Hospital, said more than 70 percent of the pregnant women it admits are now from high-risk groups. Wu Ya, an official specializing in maternal and child healthcare at the Beijing Municipal Commission of Health and Family Planning, said around 5,000 obstetrics beds were available in Beijing hospitals last year. According to the commission, demand for obstetrics beds was 108 percent of capacity last year at Grade A hospitals in the capital, meaning all regular beds in obstetrics departments were occupied and that extra beds were added to cope with demand.
Wu suggested women with low-risk pregnancies should favor smaller, less busy hospitals and doctors will refer them to larger ones if necessary.
According to Chen Zhongqiu, director of the Dongguan bureau of commerce, the city government invests more than 2 billion yuan ($307 million) annually on developing science and technology, plus another 1 billion yuan on attracting world-class talent. In addition to luring direct foreign investment, the city government is prioritizing development of its exhibitions and conventions sector - with more than 100 international exhibitions, fairs, conventions and related events held there every year, Chen said. The development of Dongguan as an exhibition and convention center is helped by its location, between Guangdong's capital, Guangzhou, and the Hong Kong Special Administrative Region. The 2016 China Processing Trade Products Fair, which opened in Dongguan on Thursday, is an example of the sort of event that offers a platform for the city to expand Sino-foreign cooperation.
According to Chen, special seminars, lectures and industrial summits will also beheld during the fair to help domestic processing firms upgrade their industrial structures. Dongguan will also organize the annual Guangdong 21st Century Silk Road International Expo in October, which is aimed at expanding cooperation between nations and regions along the ancient maritime Silk Road. Last year, the city's GDP reached more than 620 billion yuan ($95.8 billion), while its foreign trade volume came to more than $160 billion, making Dongguan one of the top five exporter cities on the Chinese mainland. Gabor Nagy, director of the Hungary-China Economic and Cultural Co and former deputy head of the Hungarian embassy in China, predicts a bright future for Dongguan if the city government focuses on science, technology and innovation.
And Ragnar Balduson, minister-counselor and vice-minister of the Icelandic embassy in China, said great changes had occurred in Dongguan since he first visited the city in 1998. For about a decade, residents of the Luohu district of Shenzhen, Guangdong province, watched a ritual every evening at dusk as a fleet of taxis spiraled along a narrow mountain road and entered Dawang at the foot of Wutong Mountain. Lured by the good money, many drivers in the village have abandoned their taxis and started working for private companies, such as Didi Chuxing and Uber. About 1,000 people in the village are now employed exclusively by Didi Chuxing, according to an article published on FiftyKM, one of the company's accounts on WeChat, a popular instant-messaging platform. Full-time drivers are only allowed to use private vehicles, so every defection means one taxi fewer on the roads. However, while the new services are popular with the public, their sudden market dominance, which has resulted in the need to recruit more drivers, has raised questions about passenger safety. A report published by the Shen-zhen Transportation Commission estimates that 1,425 drivers working for online platforms have a history of drug abuse, and 1,662 had serious criminal records before taking up their current jobs, raising questions about screening procedures. The city government has pledged to step up efforts to regulate the emerging industry to ensure fair competition and passenger safety. When contacted by China Daily, Didi Chuxing declined to discuss the findings outlined in the commission's report. The new services have hit the traditional taxi industry hard, with drivers complaining that the rise in the number of private cars for hire has lured away customers and severely affected business.
Huang Youren, director of the Shenzhen Xihu Taxi Operating Management Center, said the city's cab drivers are losing significant revenue, and taxi companies are struggling to cope with the exodus of drivers, according to a report in the Shenzhen Special Zone Daily in July. While taxies and cab drivers are subject to strict scrutiny before they can operate on the roads, it is illegal for private cars to carry passengers for profit, according to Huang. The situation has resulted in a growing number of taxi drivers from Youxian leaving the sector after more than 10 years. In 2000, 15,000 yuan was a huge salary, given that the average monthly wage for workers in Shenzhen was just 1,920 yuan.
However, when the five-year lease expired, Li and his partner received just 50,000 of their initial outlay because the remaining 200,000 yuan had been deducted to pay for depreciation of the taxi.
Recognizing a potential boost for the local economy, the government of Youxian encouraged the county's financial institutions to support the drivers, some of whom received low-interest loans that financed contracts for cabs.
After years of building their businesses during Shenzhen's boom-time, the group gradually grew wealthy, boosting Youxian's economy. A man in a smart blue shirt and black jacket walked out of a small restaurant and headed for a silver Honda.
Although most of the drivers have lived in Shenzhen for more than a decade, they are still more accustomed to life in their hometown. A woman walks along a street lined with taxis in Dawang village, Shenzhen, Guangdong province, in February. The village sits at the foot of Wutong Mountain, the highest point in the city, and on weekends and holidays, hordes of Shenzhen residents visit to climb the mountain and breathe the clean air. Unlike many urban villages scattered around Shenzhen, Dawang is removed from the hustle and bustle of the metropolis.
Hou Qinghong, a taxi driver from Youxian, told me that living conditions in Shenzhen's urban villages are poor, but the cost of living is low. They are the men and women who do the leg work, much of it tedious, unglamorous and unheralded, that will eventually bring some of China's most sought-after criminal fugitives to justice.
One of them, Holden Triplett, is an FBI special agent stationed in China whose life and career have taken him on an odyssey from a small town in Kansas to Texas, California, New York and Moscow before landing him in Beijing about 18 months ago. That career path has also taken him from a position as an associate with two highly respected law firms to the less lucrative, if more fulfilling, rank of embassy attache. For Triplett, the decision to make that career change essentially came down to one set of numbers, Sept 11, 2001, and one word, patriotism. His sympathy for the nearly 3,000 victims and solidarity with his fellow citizens put Triplett on his present career trajectory.
After serving in New York for nearly seven years, an opportunity arose for him to use his Russian as an assistant legal attache in Moscow for two years before being posted to Beijing as a legal attache in 2014. Triplett's arrival in Beijing coincided with an increasing degree of law-enforcement collaboration between China and the United States, including the capture and return of Chinese criminals who had fled to the US.
Triplett said he handled nearly 200 cases last year involving a wide range of crimes, including China's "most wanted" economic crimes fugitives. One of the difficulties of any international cooperation, Triplett said, is the complexities of the distinct legal systems. However, juggling legal systems and two countries' different norms can be very difficult, "and then some", he said. For example, obtaining the tax records of a suspect in China is relatively simple and usually takes a few days, but getting financial records can be extremely laborious, he said.
Apart from adjusting to the legal environment, he has also had to get used to inconveniences, such as time differences that create long work days. However, such drawbacks do not diminish his commitment to the work or his job satisfaction. The parrot, a palm cockatoo named Huizai, or Gray Boy, had been harassed by other birds living in the Nanjing Hongshan Forest Zoo. The loss of its beak not only affected the parrot's looks, but also its confidence and appetite. Cheng Wangkun, a veterinarian, came up with the idea of using 3-D technology to rebuild Huizai's beak. Huizai regained consciousness soon after the hour-long operation and was drinking water and eating food within moments, according to his keepers.
The market was doubling annually, and the company put brand-name components inside a device that cost a fraction of the iPhone. Buzz was building for the Dakele 3 model last year, with online reviews calling it the best Apple Inc clone.
Huawei spent $300 million on marketing, Xiaomi cut prices and clones of the clone appeared. Shelves were flooded with hundreds of brands - from national heavyweights Huawei, Lenovo and Xiaomi to the smaller Dakele, Tecno Mobile and Gionee. Xiaomi's valuation rocketed to $45 billion, and the phone maker started selling devices in India, the world's fastest-growing major economy.
Smartphones no longer are novelties in China, and most domestic brands target the mid- and low-price ranges, where buyers don't upgrade as frequently as those for high-end Apple and Samsung Electronics Co phones. He has about 20 different models on display, predominantly local brands such as Huawei, Lenovo and ZTE.
During a 20-minute stretch, only one customer came in - to buy a 120-yuan ($18.50) memory card. James Kang spends his days researching ways to repair damaged hearts, livers and brains - with the help of stem cells and 3D printers. At the time, he was attracted by the region's rich local supply of monkeys that were ideal for testing human treatments.


Its MIT-trained founder, Zou Xueming, chose Chengdu to start his second company after selling his Cleveland-based startup to GE in 2002. Known for its spicy cuisine and leisurely lifestyle, Chengdu has in recent years attracted the likes of Intel Corp and IBM, which have set up research and manufacturing bases there.
That's encouraged provinces across the country to create special zones where new ventures can tap funding opportunities and other incentives.
But it remains to be seen whether the bureaucratic machinery of a country with large State-backed firms and tight government controls can truly nurture an entrepreneurial culture. The science and technology bureau has a dedicated team to help banks assess startups based on the value of their technology and patents. That means Chengdu's government also has a long wait before it sees major benefits to the local economy.
Kang was among the first batch of Chinese to go back to college in 1977 after the Cultural Revolution, eventually earning his PhD at Iowa State University. For organs like a damaged heart, a specialized catheter is used to deliver "bio-ink" or stem cells mixed with nutrients and other growth factors. But this number dropped significantly compared to his 2012 annual income of 9.98 million yuan. Wang Zuji, president of China Construction Bank, saw the biggest decline of 67.79 percent among all five bank presidents. As a result the presidents of these two companies saw their annual income drop around 40 percent in 2015. But the company later clarified that it was only the basic income of Gao while his bonus has not been included.
Yet TCL Communication Technology Holdings Ltd is investing in new hires and wider distribution of its Alcatel brand phones in a plan to gain market share from competitors. It has hired additional sales staff to work with big retail chains in the country, including Magazine Luiza SA and Via Varejo SA's Pontofrio, in an effort to increase in-store sales of phones. In addition to smartphones, the company also makes tablets, wearables, mobile routers and other devices. The trend has roots in LGEs' increasing international awareness, and overseas investors' growing appetite for high-yield assets. If power utilities and toll road projects are included, it would be around $7 billion to $8 billion, according to Fitch Ratings, which rated almost all such issuers. Their strong credit link, and their businesses' strategic importance to local municipalities, are cited as major reasons by Fitch, and other such agencies, to issue such ratings.
The 6.2 percent coupon rate of Jiangsu NewHeadLine is higher than its onshore rate for similar bonds.
We need to know investors and they need to have qualified resources in overseas markets," Gao Feng, CEO of the Changchun company, said.
LGEs are willing to tap the foreign market because they want to make sure they have alternatives when the domestic market tightens," said Mao Saifeng, an analyst with Fitch. Ivan Chung, head of regional credit research with Moody's Investors Service, said as developers flocked to onshore market for funding, there is a shortage of high-yield, low-risk bonds for investors. The sudden single-day decline of 2.31 percent on Wednesday triggered fears and selling pressure in the market. In the coming months, the rising defaults among private and State-owned enterprises and the closure of zombie companies as part of supply-side reforms, could raise headline risk," Liu said.
But their strength should not be mistaken for sustainability or for a renewed growth cycle," he said. He is one of the first Chinese analysts to make such bullish remarks since the benchmark Shanghai index began moving sideways around the 3,000-point mark a few weeks back.
Chen visits a nearby drugstore where she gets to interact with doctors at big hospitals via video calls. Technology companies are rushing to revolutionize the sector by partnering with public hospitals and acquiring private ones. Starting March 29, at least six new internet hospitals have been established in six provinces within a week, fueled by strong support from local governments.
Currently, he spends 40 minutes to an hour every day answering questions that patients pose online. The sporting profile of the roofline has been flawlessly preserved without compromising the elegant lines which distinguish Jaguar from the rest. In addition to the trend-setting design and configuration, it also has a sophisticated collapsible roof top. The Britain-headquartered carmaker saw a nearly 20 percent year-on-year increase in sales in China in the first quarter of this year.
Longmaster thus is the controlling stakeholder, not just a software provider to a hospital. Without a hospital, it is impossible for us to be deeply engaged, let alone revolutionize the sector with technology and service-oriented minds," said Wang Wei, chairman of Guiyang Longmaster Information & Technology Co Ltd.
The company has arranged 15 doctors to run the Guizhou Internet Hospital on a full-time basis, he said . Others said the shift toward a more prudent investment strategy may have to do with the detention of Fosun's chairman Guo Guangchang who was later released. His quick responses to questions suggest Zou's understanding of the logistics business is deep, and that he is very confident about its future prospects. The two paintings in his office indicate his affinity for Oriental aesthetics, particularly traditional Chinese culture. What he wants to see is the young employee's value improving during his time with the company.
This means, people at different levels need to work within certain boundaries and abide by certain rules.
We want to grow to a size by which we can support industry development, to make the industry attractive to candidates in the market," he said.
By 2020 the company expects to have set up another six logistics centers in Guangzhou, Hangzhou, Wuhan, Shenyang, Shenzhen and the China (Shanghai) Pilot Free Trade Zone, bringing its total national warehousing capacity to 1 million square meters.
Heady will continue leading the firm's Asia real estate division and be supported by Jan Nielsen, who will serve as chief operating officer for all businesses, the company said.
She replaces Lucy Peng who will focus on her role as chief executive officer of Ant Financial Services Group. Liu had been in charge of Lenovo's mobile business until last June when the company's smartphone sales fell short of expectations. Within a year, the country overtook the US as the market leader, according to a UNESCO report in March. This is further evidence of the critical role culture industries play in today's global economy," says Silvia Montoya, director of the UNESCO Institute for Statistics. After a few failed attempts to co-finance movies with US companies, Huayi directly invested $130 million in 2014 to establish a wholly owned US subsidiary to produce and distribute movies and TV shows. The company is China's first large-scale producer of an original musical drama, which is rooted in the traditional Yunnan culture of Southwest China. The company's operations gathered momentum after it went public on the National Equities Exchange and Quotations, also known as the New Third Board, in 2014. In the same period, profits grew to 15.8 billion yuan from 5 billion yuan, according to its earnings report. In Australia, 78 percent of residents watched live performances in 2012, but on the Chinese mainland it was just 11 percent of the urban population, indicating significant growth potential. This makes it vital that Chinese firms employ the most professional advisers on outbound deals, to ensure fair terms. All assets are unique, and PE firms had to work hard to grab good-quality assets, so often strategic buyers need to pay more for assets in their portfolios," Zhang says, adding that PE firms' large network of contacts gives them more opportunities to access the best assets. For example, a consortium led by Anbang abandoned a bid to buy Starwood Hotels & Resorts Worldwide in March after offering $14 billion. Management at those companies often feel the Chinese buyers' perspective has given them more room for growth than the short-term focus of private equity firms. The company invested extensively to help Precision conduct research and development into cutting-edge machine tools. However, Liao says, as wealthy Chinese start to become more interested in owning a jet, they have found Western styles not quite to their liking. In addition, the company also offers the options of karaoke equipment and a convertible table for playing cards and mahjong, explains David Velupillai, marketing director of Airbus Corporate Jets. Yet to keep pace with the country's forecast contribution to GDP, that will need to rise to 25 to 30 percent by 2040. Recently, it invested $500 million in Postal Savings Bank of China Co, which is planning an initial public offering. Instead of looking at short-term movements in the equities and foreign-exchange markets, he says, it focuses on larger trends, such as the economy's shift away from inefficient industries to more-productive private and service sectors.
The challenge for us is how we take this 4.3 percent and get something closer to 25 percent (by 2040).
Anything essentially attached to Chinese consumers, directly or indirectly, is of interest to us. So the more long-term institutional investors with deep experience who are able to participate freely in the market, the less volatility and the greater degree of rationality that will be in the market.
It's because investors are coming in and out, selling and buying, we keep our eyes focused on the horizon, which allows us to find deep value.
It's better to start earlier, to look at the structure of the pension system and understand that you want to be in the position to support the retirees for a long time.
One big difference for us is that we always need to have an understanding of our liabilities. In many respects, we have an easier time managing our portfolio than a private asset management firm that has many different clients with many different needs, or a sovereign wealth fund where it is often not clear who the client is. We expect their participation will effectively enhance China Eastern's management in their specialties," said Ma Xulun, president of China Eastern. While Tang's language is extremely baroque and the rhymes and imagery come on like hurricanes, it is a wonder that Shakespeare's vast vocabulary could be understood by those in the Globe Theatre back then.
But in a sense, the dream was Tang's stage, where he showed the strutting and fretting of mundane life as well as aspirations for things unattainable. It is the subconscious world of the protagonists, especially Du Liniang, the aristocratic young lady who whiles away her youth in a gilded cage.
The forest near Athens is akin to the family garden in The Peony Pavilion, a neighboring quarter that harbors the forces of seduction and sets free the desires of the young.
Born in 1958, Pan, who is a native of Hebei, started his career in the province's water resources department in 1975 before working his way up to become the city's deputy mayor and public security chief in 2012. The 62, including 10 from Taiwan, are suspected of defrauding 117 million yuan ($18 million) from the construction bureau of an economic development zone in Duyun. Stephen Owen spent eight years on The Poetry of Du Fu, a 3,000-page, six-volume translation published by De Gruyter.
Pessimists even started to doubt whether China could avoid the so-called middle-income trap. He also said China should have its currency pegged to a basket of currencies to maintain a stable exchange rate. China has the ability to expand its economy through urbanization, increasing infrastructure investment, industrial upgrades, improving environmental protections and pressing ahead with economic reforms, such as reform of the hukou, or household registration system, and expanding coverage of social services, Lin said. The think tank calculates the growth rate of fixed asset investment at 10 percent this year. The institute cited a large probability of a strong US dollar and a gloomy global economy, and anticipation the Chinese currency will devalue, although the depreciation range is expected to be modest. There is a so-called "asset shortage" in which capital has difficulty in finding assets with high returns.
During a previous crisis in the late 1990s, the government created four special asset-management companies to buy about 1.4 trillion yuan of soured debt from the banks at face value. Banks bought those bonds grudgingly, knowing long-term relationships with local governments trumped short-term loss.
Unlike in the late 1990s, this swap would be more market-oriented, with no state guarantees in the end. Local governments have plenty of reasons to lobby for SOEs in their jurisdictions to be selected. Choosing not to bail out the poor performers carries risk, given that the size of China's nonperforming loans might be far larger than the headlines suggest. In addition, terror attacks by Islamist militants have marked it as a high-risk area for international travelers. The decline has been attributed to the outbreak of Ebola in West Africa, which affected Kenya's overall international arrivals. These parks cover a total of 531 square kilometers with more than 70,000 science and technology enterprises and more than 1,400 research and development institutes.
To introduce more overseas talent and technologies, the city has established 18 talent incubators in 11 countries, including the US, Singapore, Japan, Britain, France, Germany, Italy, India, Israel and Brazil, covering many science and technology innovation areas. The move has played a model role for developed regions to support innovative development in the underdeveloped west of China. The first phase of the project, which covers 210,000 square meters, is in operation, with 28 key projects already settling there.
Suzhou industry zones will also be incorporated into the development chain of the industry parks under the Zhangjiang National Innovation Demonstration Zone. Then, on Friday, about 90 Japanese lawmakers, including Internal Affairs and Communications Minister Takaichi Sanae, visited the shrine.
We helped each other when the two big earthquakes struck," said Zhu Shihua, a Chinese PhD candidate at Kumamoto University. But the figure was in line with market expectations and remained within the government's targeted range of between 6.5 and 7 percent for 2016. The region includes Shaanxi province and the Inner Mongolia and Xinjiang Uygur autonomous regions. The restructuring has squeezed the profit margins of related industries in addition to influencing the job market. An estimated 1.8 million workers are expected to be laid off in the coal and steel sectors. However, local governments in the Shandong cities of Jining and Zaozhuang will have to pay penalties of 4.56 million yuan and 960,000 yuan respectively, because of their deteriorating air quality, the provincial finance bureau said. A lower number of daily visitors would guarantee tourists' safety and the quality of the environment and improve the lives of neighboring residents, said the authority. On Saturday, torrential rain will hit areas south of the Yangtze River, the National Meteorological Center said in a statement on its website. According to a written reply in response to requests from the media, the ministry said the relevant news report was not in accordance with the facts.
More than half of them are between 40 and 49, according to the National Health and Family Planning Commission.
New online cab-hailing services have been snapping up business, resulting in many taxis disappearing and being replaced by private cars whose drivers use the new platforms. Few of them are locals, though; and most come from Youxian, a county in the central province of Hunan. We (the drivers) had to find another way to survive," said Li Jianbing, a driver from Youxian who joined Didi Chuxing in September. It has also urged online ride-hailing companies to comply with the law, accept their social responsibilities and resolve problems quickly. He started driving a taxi after a friend told him about the good money in the then lucrative sector.
In 2000, Li and his business partner paid a local taxi company a "license fee" of 250,000 yuan for a five-year lease on a cab, and also paid the company a percentage of each month's revenue. In recent years, rental demand has plummeted, leading to the five-year license fee falling to 90,000 yuan, which is returned in full when the contract ends. The first group arrived in the late 1980s, when Shenzhen's bus companies used the local labor department to recruit dozens of drivers from the county.
Some bought properties in the county or in Changsha, the capital of Hunan, while others returned home to start businesses. I bought one of them last month - it cost about 800,000 yuan," said Hou, who left Youxian in 1988, and worked in Guangzhou, Guangdong province, and the Tibet autonomous region before arriving in Shenzhen in 2003. By then, he will have made social security payments in Shenzhen for 15 consecutive years, which means he will be entitled to a pension from the city government when he reaches 60. Youxian has a population of 800,000 and, according to Li, about 100,000 locals now live in Shenzhen; some in Dawang, some in Shixia village in Futian district. She regards them as intelligent and creative entrepreneurs, who have figured out the laws of the taxi market and developed a sound cultural order that has gained wide recognition.
It is a kind of 'cultural reconstruction,'" she said, referring to the way the drovers cooperate to maximize work and revenue. On the roadsides, there are several eateries called Xiangyou - "Xiang" is the abbreviation for Hunan, while "You" represents Youxian - and close by, in front of the Dawang market, three women clasped bags of groceries and chatted in the Youxian dialect.
A Youxian native who works for Didi Chuxing, he had just finished lunch and was about to start the afternoon shift. The long, spiraling mountain road that leads to the village ensures that the jarring noise of the city is kept at bay. A few meters away, several women were playing with their children on the recreational facilities.
It has a slow, leisurely life-style that contrasts sharply with mainstream life in Shenzhen, which revolves around work, fast food and nightlife. A row of private cars was parked along the road, and there were various businesses, including supermarkets, eateries, pharmacies and clothes shops. Some are woshoulou, a term used to describe buildings built so close to each other that the occupants can lean out of the windows and shake hands with their neighbors across the street. Who knows how it will turn out when the government formulates rules for the new industry and Didi Chuxing stops subsidizing car drivers?" he mused. After earning his law degree in 2003 and then working for two law firms for three years, he answered the call of an FBI recruiter and joined its investigations division. Legal attache is the formal position for a special agent representing the FBI in a foreign country.
He took Huizai and another parrot of the same size to a 3-D printing company that offered to help for free. I've been a personal trainer for more than 11 years, and clients and friends are always telling me about the next amazing diet or exercise program. Before I claim it's all bullshit, I want to make it clear that there are definitely some very impressive, genuine physical transformations out there. I was feeling particularly bloated on the day, so I asked my girlfriend to take a before shot.
Be inspired, but don't be disappointed if you don't see yourself the way you see those models. Troubles with a supplier and raising money prompted Dakele to shut down last month - and it likely won't be alone. Lenovo Group Ltd spent $2.91 billion to acquire Motorola Mobility to help make it "a global player".
In Chengdu, the company has drawn 215 million yuan ($33 million) in funding from a local real estate company seeking to diversify. AllTech hopes to submit an application to go public by the end of next year, with Zou planning to raise $50 million to $100 million. More recently, the flurry of investment activity is in response to Chinese Premier Li Keqiang's call for innovation and entrepreneurship. While technology startups have been some of the biggest beneficiaries, medical research firms are also getting a boost - giving new life to a Chinese industry that lagged the West for years. His primary research focus now is 3D bioprinting, a new frontier of medicine aimed at creating replicas of human organs.
Its current president, Huang Qingfeng, received a total income of 894,000 yuan last year, while his predecessor Lu Jianzhong only made 205,300 yuan in 2014.
Its general manager Ying Guangwei's annual income last year was only 164,000 yuan, slumped 68.34 percent compared to his predecessor's income one year earlier. Alcatel OneTouch was established as a joint venture of France's Alcatel-Lucent and TCL but is now a wholly owned subsidiary of the Shenzhen, China-based company.
Until recently, only a few elite LGEs with strong financial profiles, or solid support from wealthy municipalities, could tap the international market. Using online tools, the drugstore people transmit readings of her blood pressure and temperature to the doctors concerned. Local doctors will also be present to offer the most accurate descriptions of patients' symptoms," Wang said. Only those executives who are on the lookout for a new job readily offer media interviews, he jokes. As long as you have good people and you are able to maximize their value, you will win," he said. So, it is targeting business not only from existing customers, who are mostly multinational companies, but Chinese firms. They are willing to invest more in supply chain to ensure their products reach consumers in time. So, more manufacturers have to change their supply chain model, and build it according to demand," said Zou. Heady's appointment helps bolster the firm's leadership in the region and comes after it recruited Zhang Liping from Credit Suisse Group AG as chairman for China last July.
In this new capacity, Jiang will lead the ongoing strategy and operations for talent, organizational development and culture.
It often stages performances overseas, as well as introduces foreign plays and orchestras to China. We're not hot money; we don't focus on what happens to the Shanghai Stock Exchange on Wednesday or what currency markets do on Thursday. Getting more capital into the market is one of the most important strategic issues we have.
We look at opportunities in sectors related to the growing middle class and the growing consumer demand driven by the private sector, as opposed to the state-owned sector. It also involves being incredibly diligent when we decide to make any individual investment, whether it is a piece of real estate or in a private equity company.
My philosophy is that taking risk is part of the job and part of constructing a good portfolio. But given that the Bard's subject matter runs such a wide gamut, most people, whatever their tastes, could take away something. It is not a conventional love story because she had not seen or known the young man before her pining consumes her. But for Du, that dream, full of erotic innuendo, is a path to the freedom that young women of imperial China were normally denied - to love someone without family intervention.
And both tales can be sung or danced because they lend themselves to other forms of performing arts. The National Meteorological Center predicted heavy rain will linger in Guangdong, Guangxi, Fujian and Yunnan provinces, and in the Tibet autonomous region, on Monday, with precipitation ranging between 50 and 80 millimeters.
He was caught in flames after delaying his evacuation to continue spraying water and to cover other firefighters, the department said. Du Fu, known as China's Sage of Poetry, lived from 712 to 770 and authored more than 1,400 poems. About 30 percent of those bad loans were swapped into equity as directed by the government.
How will the bad loans be properly priced so the conversion is fair for both banks and companies? But turning the swaps into an "all-out" campaign also risks coddling banks and companies, whose irresponsible lending and borrowing over the past decade caused current woes. With the help of such incubators, businesses, projects and teams have been introduced to Zhangjiang. The continuous advancement of industrial upgrading has presented a challenge to our country's labor structure,"Zeng said. Rain is expected to sweep through Hunan, Jiangxi, Guangxi, Guangdong, Guizhou, Zhejiang, Anhui, Fujian and Yunnan. The Chinese military maintains its regular combat readiness and training status along the China-DPRK border, the ministry added.
The defendant had no psychological or mental problems when he committed the crime, said the court.
A lot of local people are involved in coal transportation, so almost everyone can drive," said taxi driver Hou Qinghong. The Shenzhen media has reported that in 1996 as many as 60 percent of the city's taxi drivers were from Youxian.
The others, those who came in the wake of relatives or friends, had to raise the money themselves," Li said. Not only could I see the majestic Wutong Mountain, but a huge reservoir also appeared before my eyes. Not far away, a taxi was parked outside an auto repair shop, and two men in blue shirts were changing the tires in unhurried fashion. Residents don't need to leave the village to buy necessities because all their basic needs can be met by local retailers. Now, I live with my 25-year-old son in a 35-square-meter, one-bedroom apartment in Shixia, but the rent is 1,850 yuan a month," he said.
Even if we've got very different systems, we can find a way to make them work together," he said. What I do take issue with are the transformations that are manipulated with Photoshop, professional lighting, postures to degrade or enhance their look, pro tans, sucking in or pushing out a bloated belly or flexing muscles vs. I then shaved my head, face and chest and prepared for the after shot, which was about an hour after I took the before shot. Being tricked into eating low-calorie diets and doing endless cardio is a recipe for fat gain, especially in the long term.
Even if you have a very busy, very stressful job finding just four hours per week to train will not only have huge benefits to your physique, it will also help you combat stress levels and allow you to work more effectively and efficiently.
The cumulative effect may be that about half of all Chinese vendors get swamped, said James Yan, a Beijing-based analyst at Counterpoint Research.
Zhenhua's net profit increased 5.04 percent year-on-year to reach 212 million yuan in 2015. So, we are adding value to their integrated supply chain operations, particularly for high-end manufacturing industries in the electronics business," he said. The announcement of the new chairman comes about two years after Michael Chae, who oversaw Blackstone's private-equity activities in the Asia-Pacific region, returned to New York to resume his responsibility for media and communications investments. As a founding member of Alibaba Group, Jiang has held many important leadership roles in the company. Twitter Inc also disclosed in a regulatory filing that Martha Lane Fox will serve as a director. The government should offer more financial support and preferential tax policies to the sector," Lu says. But the styles and packaging should conform to international trends, and better cater to foreign tastes.
We're looking at the big trends, including what is happening to the demographics and to the rise of consumer demand, and how the economy is shifting away from inefficient state-owned industries to having a larger proportion of economic growth from the more highly productive service sector. What defines what we do at the pension fund is constant learning and refinement of the processes and our knowledge. One can argue that she was not in love with a specific person, but with the notion of love itself, corporal love that can only be suggested in that environment. Despite the use of magical juice, it is not passion that is fueled but an amorous atmosphere in both Shakespeare's Dream and Tang's Pavilion. Pavilion, intended as an opera, has also been adapted as a play but has been less successful.
Police said the fraud was masterminded by people from Taiwan who recruited others from the Chinese mainland to make fraudulent phone calls from Uganda. Some of his work had previously been translated into English, and a complete translation was made in German. Cheng, a 21-year-old college student at the time, stabbed passengers at random on a moving subway train in Taipei, killing four and injuring 22 others in the span of four minutes. He earned 15,000 yuan a month driving a taxi in Shenzhen and was able to repay his creditors in just a few months. I did a few push ups and chin ups, tweaked my bedroom lighting, sucked in, tightened my abs and BOOM! She is widely recognized as one of the most ardent guardians and upholders of Alibaba's culture and values, as well as the role model of all Alibaba employees. It uses smartphones to connect nationwide villagers with companies which want to do marketing in the countryside. We want to make sure that we understand the risks and are able to get compensated appropriately. One can imagine Liu and Du singing a duet in that forest in the same way Puck would find himself at home in Du's garden. Board members Peter Currie and Peter Chernin's terms expire at Twitter's 2016 annual shareholders' meeting.



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