Yu Haiyan, former vice-governor of Gansu province, was sentenced to 15 years in prison and fined 6 million yuan (3,000) for bribery in No 1 Intermediate People's Court of Chongqing Municipality on Wednesday.
Yuan Yuan, deputy director-general of the department of pilot free trade zones and free trade ports at the Ministry of Commerce, said that the government would conduct more pressure tests in the country's 18 pilot free trade zones to spur foreign trade.
Young players practice their football skills in Baoji. [Photo provided to chinadaily.com.cn]
Yuan exchange rates will have a more stable foundation after the 19th National Congress of the Communist Party of China and the market will have a bigger role in determining the currency's value, a top central bank official said on Wednesday.
Yichang, located in the upper and middle reaches of the Yangtze River, is a key point along an ancient tea trade route. Last year the production area in the city was around 63,980 hectares, with an annual output of 89,700 tons.
Yu Yu, an alumna of the school, and one of the co-founders of Chinese e-commerce company Dangdang, attended the ceremony and made a commencement speech. She encouraged graduates to value their youth and explore the world while they are still young.
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Yueqi said it had not ruled out paying its debts, back pay and taxes through bankruptcy. Currently, new users do not need to pay any deposit.
Yuan has decided to pursue a PhD program at UC after graduation and was also accepted at a few other highly ranked schools, such as Northwestern.
Yu Chengzhong, CEO of Jinyi International Trade which exports fruit and vegetables from China to Kazakhstan, Uzbekistan, Tajikistan and Russia, has reaped the rewards of the new Silk Road. He is known locally as the "fruit king".
Yin Yanhe spoke with Li Lei.