Liu Shangxi, head of Chinese Academy of Fiscal Sciences, said the commonly used debt analysis framework was flawed as it ignored how debt was used. The majority of China's debt went on public facilities and infrastructure, which provide impetus for growth, Liu said.
Lines are marked in four colors — black, red, yellow and green — depending on the number of people on board.[Photo provided to chinadaily.com.cn]
Lin Yufeng, a research assistant in cultural communication at Nanjing University in Jiangsu province, said he found some poor families spent nearly one-third of their 30,000-yuan annual income on giving out red packets on various occasions. Lin made the finding while carrying out research in the rural Shangrao and Jinggang Mountain areas in Jiangxi province.
Liu has set up 11 centers in Beijing to teach topics such as robotics and 3-D printing to students aged 6 to 12. His Mars Club also operates in Wuxi and Nanjing of Jiangsu province. Business was good last year, he said, with revenue hitting 20 million yuan ($ 2.9 million).
Liu Yongfu, head of the State Council Leading Group Office of Poverty Alleviation and Development, said at a news conference on Monday that those who are prone to be stricken by poverty are clearly registered and the government will take measures to help them.
Listen to the interview here, starting in the second segment of the show, at the 8:00 mark. And continue reading below for edited?excerpts from the?interview.
福州省二医院有做体检吗
Lipsticks for men skyrocketed 6.4 times in the week leading up to the festival compared with same time last year. Men-only blemish balm, a combination of foundation and skincare, also surged 41 percent year-on-year. Over one-fifth of aesthetic medical products or services are dedicated to male users.
Lingo Bus, the online Mandarin subsidiary of China's largest online education startup VIPKID, announced a strategic partnership with a leading publication firm on Thursday to boost content for new growth amid the rising demand of learning Chinese abroad.
Liu Shuchun, who runs a small restaurant in Shanghai, was happy to take the bullet train to his hometown of Fuyang, in Anhui province, for the first time during this year's 40-day Spring Festival travel rush.
Liu Yanling stayed on the mountain to take care of his mother since then.