Lian Ping, the chief economist with the Bank of Communications, has ruled out the possibility of massive liquidity injection by the PBOC but said there was still room for targeted reduction in commercial banks' reserve requirement ratios.
Li stressed that employment creates income, thus, social wealth. Also, keeping economic growth within a reasonable range that the country has set, means that waves of job losses are not allowed to emerge.
Li then took on a variety of jobs to make a living, from a food delivery courier and a substitute art teacher in Changsha, capital of Hunan province, to a factory worker in Shenzhen, Guangdong province.
Li said that since the reform and opening up and the establishment of diplomatic relations between China and the US, China has introduced American technology, talents and management expertise, which has greatly enhanced its economic capabilities.
Like other Chinese companies that have gone global, TISCO also faced some challenges overseas. Late last year, it won an anti-dumping case against Turkey with regard to stainless steel exports - the fourth such legal victory.
Like his predecessor, Zhang served as an assistant foreign minister and vice-foreign minister before leading the embassy in Moscow.
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Liao Jianwen, chief strategy officer of JD, gave an address at JD Discovery, the company's largest tech event for the year, on Wednesday in Beijing. [Photo provided to chinadaily.com.cn]
Li said: "I want to thank everyone who has been involved in making this deal happen, including British Steel employees, the unions, and the British government. We will not misplace the trust that they have placed in us."
Like any big city, Seattle has traffic issues. About 65 percent of the city is zoned for single family residences. The city is largely built out with few empty lots available for new single-family homes. If you combine that fact with the huge tracts of the city that are reserved for light industrial space, there isn’t enough room for the downtown to grow. Denser cities are greener cities, and to get people out of cars and walking and biking means the zoning in SODO must change. Some people will argue that SODO should retain its original zoning to protect light industrial uses. Anyone who drives through this area knows that in addition to light industrial users there are also businesses like strip clubs, national donut chains and carpet warehouses that populate the area now. These are not what will drive economic development in the city going forward. As I said, there are light industrial uses that should be accommodated in city planning and new infrastructure should be part of any plan to rezone the areas. Many businesses are moving out of SODO anyway since their workers can’t afford to live in the city. The Amazon warehouse is in the city of Kent and not SODO for a very good reason.
Li will pay official visits to the two countries, attend the seventh leaders' meeting of China and the Central and Eastern European countries (CEEC) in Sofia, and chair the fifth round of intergovernmental consultations between China and Germany.