The world’s second-largest economy will also implement a long-term mechanism and targeted regulation to stabilize the real estate sector.
The plane suddenly takes a dive and consequently reveals a stretch of land that showcases the Pearl River’s beautiful meandering through a maze of tall buildings thus giving a magnificent view which seemed to wave us an expression of welcome.
Still affected by the 2008 financial crisis, as well as an outdated industrial structure, some sectors have seen a serious oversupply problem, especially those with high consumption and emission levels such as steel, coal and cement.
Harbin University for Seniors in Heilongjiang province is now offering a course to its elderly male student body that was formerly only available to "coeds".
The number of civilian pilots certified to operate unmanned aerial vehicles－known as UAVs or drones－and training centers has soared over the past four years, according to an industry report released on Wednesday.
In recent years, governments at all levels have been working to trim overcapacity. In 2016, the State Council issued two guidelines to fight against excess steel and coal production, demanding a reduction of nearly 500 million metric tons of coal and 100 to 150 million tons of steel in three to five years.
Last year, President Xi Jinping announced a broad vision of China as a leading world economic power by the year 2050, which is not impossible to imagine, though it would require further major political and economic reforms to achieve ambitious goals, including the rule of law, innovative companies, clean environment, expanding the middle-income group, adequate public transportation, and reduced urban/rural income disparities.