Zhang Jinxin, head of the Center for China Mergers & Acquisitions Research under Beijing Jiaotong University, said SOEs in heavy industry require structural reform, which will fend off repeated construction, building redundant projects and cut-throat competition.
Zhang Dawei, chief analyst at Centaline Property, said the curbs will help bring down the price and eliminate the disorder in the rental market.
Zhang Dongmei, a member of the federation's secretariat, said of the 93 million Chinese who have escaped absolute poverty since late 2012, about half are women.
Zhang Dawei, a Centaline Property analyst, said the development of rental housing could help "avert drastic ups and downs in the property market and reduce irrational demand."
Zhang Shu, an expert in Jiangsu involved in the star-rating process, said the nursing homes will be given ratings from one to five stars based on evaluations in fields like life care, medical services, rehabilitation and entertainment.
Zhang Tao and his cousin prospered in the aftermath of the earthquake. Excavators were in high demand and the local government purchased his excavators in priority, to compensate their efforts.
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Zhang made the announcement in a letter published on Alibaba's official Weibo account on Nov 26, right after Tmall's historical 213.5 billion yuan (.77 billion) in sales during this year's Singles Day shopping festival. It is also the biggest move by Alibaba after Jack Ma, co-founder and chairman of the group, announced his retirement plan on Sept 10.
Zhang Junping, deputy director of the community committee, said: "Our security guards can only take a break when they're having their meals. Each of them now works around 15 hours every day. We have also had to suspend their days off for the time being."
Zhang and his team keep identifying new territories in overseas markets and have established footholds in the United States and Canada.
Zhaibao is home to 2,086 residents, mostly from the Tujia ethnic minority, and 177 are living in poverty.