Zhang said he sees promising prospects in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, a national-level issue that is receiving key attention from the central government.
Zhang said he expected the discount and the price cuts may continue, he said. "After so many years of distorted development, home prices have never undergone a real downward adjustment, which will only fuel buyers' speculation. Homebuyers should realize that the era of perpetual rise in home prices has come to an end."
ZhongAn Online Property and Casualty Insurance Co Ltd Chairman Ou Yaping (left) and Chief Executive Officer Chen Jin attend the debut of the company at the Hong Kong Exchanges. [Photo/Agencies]
Zhou Jie, Li's husband, invested in several PS4 games he has been longing for. "Each game costs about 100 to 200 yuan, which I begrudged spending money on. Now, they are my reward for having not spent any money recently," he said.
Zheng said nuclear energy is the only form of energy that can provide carbon-free and large-scale stable power, compared with other forms of clean energy, such as wind and solar power.
Zhao reiterated that Hong Kong affairs are entirely China's internal affairs that allow no foreign interference.
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Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is part of the Chinese Academy of Social Sciences, said that rising incomes, accelerating urbanization and diversified food options in China are further driving demand for safer food and industrial products, as well as quality consumer goods, such as furniture, vehicle parts and cosmetics.
Zhang's father died when she was 6 and she adopted her mother's family name. The mother and daughter migrated to Wenzhou city of Zhejiang province to earn a living.
Zheng Yongtao (second left), 24, takes care of his wife Gong Xuejuan, 22, at the Yongding Hospital in Suzhou, Jiangsu province. Gong was diagnosed with leukemia in May last year, and needs to receive a stem cell transplant. Part of the cost of her treatment has been covered by crowdfunding on the internet. JI CHUNPENG/XINHUA
Zhang said that Yale, "an old friend" of China's that paid close attention to the country's development would deepen China-US educational cooperation in all areas with Chinese universities.