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China Daily Europe | Updated: 2014-09-05 10:26
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"For state-owned enterprises to rank in the top level globally, we need to let them be responsible for their profits and losses. The managers also need to introduce more entrepreneurship."

WANG RUNQIU, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, at the 2014 China Top 500 Enterprises Summit in Chengdu, Sichuan province.

"Child abduction happens in many countries, but it is a very contemporary Chinese problem that has often affected the country's society and values in the past decade."

PETER HO-SUN CHAN, Hong Kong movie director, at a news conference in Venice about his new movie Qin'ai de (Dearest). The film, based on a true story, depicts the turmoil wrought on the lives of a man and his former wife in Shenzhen when their 3-year-old son is abducted to be sold to another family.

"There will be a big rise in the number of budget airlines in China, and the transformation of China United Airlines is in line with this trend. All we need to do is to follow this ride to embrace a more public-oriented market."

LIU SHAOYONG, general manager of China Eastern Airlines, CUA's parent company, said as the budget airliner announced it will remove all first-class seats by the end of the month. The frugality measures ordered by the central government have greatly dampened demand for first-class seats on Chinese airlines.

(China Daily European Weekly 09/05/2014 page3)

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