Month: March 2019
China will unveil various measures to improve transport efficiency and lower logistics costs, according to a spokesperson for the transport ministry.
Vowing to see a notable increase in transport efficiency in the next
three years, the country will accelerate the construction of a comprehensive tra
nsport network, spokesperson Wu Chungeng told a news conference on March 28.
Efforts will also be made to expand the electronic toll collection system and promote multimodal transport, Wu said.
Meanwhile, the logistics costs are expected to be reduced by 120.9 billion yuan (about $17.97 bil
lion) in 2019, and a logistics service system in line with the country’s high-quality growth will be established over the next three years.
To fulfill such targets, the ministry will optimize transport struct
ure, upgrade rail, road and waterway transport systems and expand the network of logistics hubs, Wu said.
took the examination, was quoted by China National Radio as saying that it had broade
ned his horizons and enabled him to gain a higher strategic perspective that can be used in planning future operations.
“It also reminded me of the necessity that as a commander, I not only need to take into consideration joint o
perations by various services in the PLA but also to think about joint campaigns with foreign militaries,” he said.
In June, the Ground Force organized a test for commanders of its 13 group armies – its la
rgest combat units. Since the start of this year, the Ground Force has conducted a wide range of exam
inations for almost all of its members to verify their professional knowledge and skills.
Geely and Daimler plan a 50-50 joint venture in China, which will develop and produce electric Smart br
anded vehicles and sell them globally starting from 2022, according to a deal the two signed earlier this week.
Representatives of the two carmakers said the Fi
nancial Times’ report of Daimler selling a 50 percent stake of Smart to Geely was not true.
Daimler, also owner of Mercedes-Benz, is currently prod
ucing the Smart branded vehicles in a plant in Hambach, France, but the plant will produc
e electric Mercedes-Benz models instead when the Chinese plant is finished. The location of the plant has not yet been disclosed.
oss the period, be they old masters’ paintings, impressionist, or modern and contemporary, he said.
The second trend is that Chinese and Asian markets continue to grow and flourish
despite short-term macroeconomic challenges the world is facing, Belin said.
“We continue to see strong appetite for collecting and strong growth.
We continue to see a very strong demand and we do see (in Asian Art Week here) very stro
ng buying appetite from our clients; a depth of biding that even surprised ourselves,” he said.
The third key trend in Asia is growing number of young collectors, Belin said.
“There are more young billionaires in Asia than we have in Europe and in the U.S., and that’s also reflected in collec
ting, which is very exciting for Christie’s, because we can bring our clients much earlier on the collecting journ
ey with the best art across the world. And we can accompany them for even longer time in their journey.”
The flourishing Chinese culture market represents “fantastic opportunities” for Christie’
s and the auction house always attaches greater importance to the Chinese market, said the senior industry leader.
Being the first international fine art auction house to be gran
ter for foreign exchange, for example. We clear more dollars than New York, and are the largest center for RMB trading outside greate
r China. London is strong and international,” she said. “The long-term fundamentals of London and the UK still remain strong.”
Alex De Ruyter, director of the Centre for Brexit Studies at Birmingham City University, echoed the
view of McGuinness, saying: “Whilst I think Brexit has clearly had a significant impact, it must be remembered that Lon
don is a global financial center and the majority of assets held by the financial services sector are outside of th
e EU, with the US, China, and other emerging economies particularly important markets.
“The 800 billion pounds figure only comprises about 10 percent of the estim
ated total assets of the UK banking sector,” he said. “So, the total volume of business affected has been relatively small.”
hinese herbal medicine,” said Ruan Jian, deputy manager of Anlong Xic
heng Xiushu Agriculture and Forestry. “Zhegui village has sufficient forest coverage, with p
roper altitude and climatic conditions, which is very suitable for growing imitation wild dendrobium.”
The plant, a member of the orchid family, is known as an important traditional medi
cine in China since many of its biomedical benefits have been scientifically examined.
Wild dendrobium officinale became an endangered species in the 1980s. However, with
the breakthrough of tissue culture technology in the early 2000s, artificially cultivated plants entered the market.
With the expansion in scale, dendrobium planted in some region
s suffered from problems such as pesticide residue, elevated levels of heavy metals and poor quality.
logical environment, allowing the villagers to make a living from the mount
ains,” said Ruan, who introduced the medicinal herb to the forest after a thorough investigation.
Oaks in the village have rough, thick barks, rich in water
and nutrients, making it easier for the dendrobium to attach to the trees and absorb more nutrients.
Since 2013, the company has planted dendrobium on the tree trunks of more than 267 hectares of oak forest.
For a long time, however, transportation difficulties meant the landloc
ked village could not capitalize on its unique ecological advantage. Growing dend
robium officinale was something villagers, including 44-year-old Chen Jian, had never thought of.
“All the oaks are ‘cash cows’ now,” Chen said. “Natural forests cannot be cut, so we did nothing but protect them in the past. Eve
since the dendrobium were ‘planted’ on the tree trunks, the green hills that we have kept for decades have turned into gold.”
Located in Anlong county, in Guizhou’s Qiannan Buyei and Miao autonomous prefect
ure, Zhegui is rich in forestry resources and has a climate that is neither too hot in summer nor too cold in winter.