In less than two months, a large number of modern service enterprises, professionals and institutions from Shanghai, including those in the fields of finance, shipping, trade, high-tech services, cultural tourism and business services, arrived in Qingdao to invest and settle in the city.
In his famous poem, Locksley Hall, Alfred Lord Tennyson included the memorable line: "Better fifty years of Europe than a cycle of Cathay." Published in 1842, at the height of British economic innovation and dominance, he meant that Europe was changing more in a short period than China did over dynasties. (Cathay is an old name for China.)
In its August edition of the global food monitoring brief, the FAO lowered its forecast for world cereal production this year by 25 million tons, a decrease of 0.9 percent compared to the previous forecast in July. Meanwhile, the forecast for world cereal stocks by the end of next year has also been cut by the organization, although it said the stocks this year will still represent an all-time high.
In his concise masterpiece The Basic Laws of Human Stupidity, the wise and erudite Italian economic historian Carlo M. Cipolla (1922-2000) defined stupidity as a behavior causing a double loss. At the opposite, it is the win-win approach that characterizes intelligent action.
In light of some health experts' warnings that a vaccine likely would not be developed and approved before the year's end, some critics have accused the federal government of rushing the vaccine for political gains, as the Nov 1 target date is two days before the presidential election.
In mid-December, Zhou and celebrities, including singer Guo Feng, will travel to Shaanxi, Gansu and Sichuan provinces to donate tuition fees, living expenses and daily necessities, such as schoolbags and clothes, to children in need.
In less than a year, his weight dropped from 95 kilograms to 70 kg, his blood pressure fell significantly and the risk from a fatty liver was reduced.
In line with the authorities' current policy of prodding residents to rent instead of buying apartments, various banks in Guangzhou, Xiamen and other mainland cities have thrown their weight behind the move by offering home rental loans since last November.
In my view, the rapid surge in the A-share market was mainly driven by four factors, and how these factors evolve will decide how long the bull market will last.
In late January, the Ministry of Culture and Tourism ordered travel agencies to suspend outbound group tours.