Last year, Yuechi county in Guang'an, Sichuan province, launched discipline inspection teams consisting of people from different occupations in each township to supervise the committees and officials in the villages.
Last year, StanChart celebrated its 160th anniversary in China and made substantial improvements in retail, small and medium-sized enterprise banking and corporate banking business.
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Last week, CEO Qian Zhiya and COO Liu Jian were fired by the board,and Guo Jinyi, a board member and senior vice-president, was named as acting CEO.
Last year, over 73 million households in Chinese cities were also home to a pet. The value of the Chinese pet market reached 170.8 billion yuan (.3 billion), with medical care for cats and dogs accounting for 14 percent and 15 percent, according to an industrial report.
Last year, the SAR's government set up a Belt and Road office to map out strategies and policies, helping local companies and professionals in reaching out. The Hong Kong Monetary Authority's Infrastructure Financing Facilitation Office, also set up last year, has helped companies invest in infrastructure projects.
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Last year, Pirelli was reintroduced to the Milan stock market in the biggest initial public offering of the year, raising 6.5 billion euros (.06 billion; £5.7 billion).
Lardy also took note of the steps taken by the central government weeks ago to provide foreign financial firms more access to the Chinese domestic market in areas such as insurance, banking, asset management and securities. "So that's an example of unilateral liberalization by China," he said.
Last year, Tesla made the decision to deliver slightly modified versions of Model S and Model X vehicles to the Chinese market, to meet the standards for Chinese chargers. The move has given Tesla customers more charging options besides Tesla's own charging network.
Larry Hodges coaches in a doubles table tennis match at the 2012 US Nationals. [BRUCE LIU / FOR CHINA DAILY]