Addressing the Australian Federal Parliament last week, Chinese President Xi Jinping rather memorably described China as being like "a big guy in a crowd".
HAVING MORE MONEY AT HAND THAN ONE CAN actually spend may be a dream scenario for many. But not for the thousands of governments in this country at this time of year.
Many blame government agencies for spending money intensively in the last season of the year. Ironically, according to the current budget regulations, if they do not spend the money, the money will be taken away by State finance, and their budget for next year will shrink because "they don't need so much". Only a total reform of this distorted system will effectively end the intensive spending.
China's average investment return on its foreign assets is much lower than the return China pays to foreigners on their investments in China.
Some 80 percent of China's rich have plans to send their children abroad for studies, the highest percentage in the world, says a recent Hurun report. In contrast, less than 1 percent of rich Japanese have such a plan, and the ratios in France and Germany are less than 5 percent and about 10 percent, says the report titled "China Overseas Study 2014".
I remember the writing classes in primary school. My teacher was a very nice lady, who told me that the most important thing was to choose a meaningful topic. Then she showed me how to write a composition - how to begin a piece, how to develop it and how to reach a logical ending.
Channels should be made available to people to assess civil servants' performance. And their opinion should be an important criterion to decide civil servants' earnings, says an article in People's Daily. Excerpts:
China should take immediate measures to modernize its food storage, transportation and processing systems, and improve the management of related industries to prevent the wastage of food, says an article in Beijing Youth Daily. Excerpts:
Recent reports that Ma Chaoqun, a branch manager for the tap water monopoly in Qinhuangdao, Hebei province, was found to be hoarding in his home 120 million yuan ($19.6 million) in banknotes, 37 kilograms of gold, plus certificates showing ownership of 68 properties, sent shockwaves nationwide.
As the world chews over the significance of the Group of 20 leaders' summit held in Brisbane, Australia on Nov 15 and 16, it may also want to take some time to reflect on the Australia-Japan-United States trilateral leaders' meeting held on the sidelines.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
