Amid clamors over an economic "hard landing", the central government just unveiled a new formula for further reform of State-owned enterprises.
Given his influence in the economic realm, especially on Chinese, any move made by Hong Kong tycoon Li Ka-shing is seen as a precursor to a future economic trend.
China issued a guideline document on Sept 13 for further reform of State-owned enterprises, which is said to be more "market-oriented" because it allows investment of non-State capital in more sectors and discourages government intervention in the running of the SOEs. Comments:
A recent investigation has revealed the life-saving medicine to treat infantile spasms costing about 7.8 yuan ($1.23) per box is difficult to find in hospitals but sold in the black market for as much as thousands of yuan. Comments:
The No. 2 Middle School in Jiujiang county, Central China's Jiangxi province, has reportedly forced some third-year students attending night classes to sign a "security agreement", saying the school is not responsible for their safety outside the campus.
To control and manage are seemingly the top priorities for handling the differences between China and the United States.
In his inaugural address of 1933, Franklin D. Roosevelt famously said that, "the only thing we have to fear is fear itself". Those words provide guidance to the upcoming summit between Chinese President Xi Jinping and his US counterpart Barack Obama, which takes place under deepening economic challenges.
Since the 1950s, China has been providing what is known as South-South Cooperation to other developing countries in Asia, Africa, the Caribbean and elsewhere.
European and other international organizations have stepped up efforts to help rehabilitate the refugees in some European Union countries, and last week Germany and Austria opened their borders to receive more refugees.
The long-awaited blueprint for reforming and revitalizing the State sector has been released and it promises to give a huge boost to China's battle against the downward pressure on its economy. More importantly, the latest drive to deepen reform of State-owned enterprises may, in the long run, prove wrong those who believe that China's growth miracle has run its course.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
