Liu Guoqiang, assistant governor of the People's Bank of China, the central bank, said at the Financial Street Forum 2017 in Beijing on Friday: "Financial institutions must reduce funding for so-called zombie companies, lower hidden local government debts and combat speculation in real estate to save financial resources for other parts of the real economy that meet the requirements of China's supply-side reform, so that we'll be able to cultivate a new economic structure and a new drive for growth."
Liu Xiaoming, Chinese ambassador to the UK PROVIDED TO CHINA DAILY
Liu opened Gold Barn Yunnan Cuisine in Beijing's Sanlitun area last year.
Liu said that due to the inertia of the conventional way of running businesses, many Chinese companies lack sustainability.
Liu said China's telecom carriers will invest 180 billion yuan (.2 billion) into the construction of 5G networks this year, which will motivate companies in the telecom industry chain to invest more than 520 billion yuan into the superfast wireless technology.
Liu has been Zippo's first employee in China. He joined the firm six years back. The local unit has seen double-digit sales growth all those six years.
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Lin said that when boys enter the school environment, they should be told that a respectable distance should be kept between the two genders, and that some behavior may transgress legal boundaries.
Linyi is a major wholesale trade hub. The city has 123 markets selling around 30 types of goods, ranging from costumes to building materials. It provides convenient resources to e-commerce operators.
Lincoln presents its vehicles at the ongoing Shanghai auto show. [Photo provided to China Daily]
Liu Wen (alias) returned to her hometown Wuhan, capital city of Central China's Hubei province, to start a career in law in 2017, immediately after acquiring master's degree in Beijing. After living, studying and working as intern in China's capital for two years, she said although first-tier cities such as Beijing, Shanghai and Guangzhou provide many job opportunities, competition is fiercer. In addition, she did not have as many acquaintances as in hometown, so she felt lonely after work.