"Some experts said China might have to spend 30 years to fight the haze, like the lessons of London's Great Smog in 1952, but joint efforts nationwide might cut the time to 10 years," said Zhong at a news conference on Thursday in Beijing.?
China's economy steps into the "new normal" phase, as it is growing in a manageable and relatively balanced manner. Confronted by a weakening overseas market, sliding domestic demand, adjustments in real estate sector and a deeper-level structural shift, the country faces mounting pressure of economic slowdown.
Internet-based finance rose swiftly to prominence. E-commerce, logistics, express delivery services and other emerging businesses developed rapidly. We have seen creators coming thick and fast, and the cultural and creative industries have been developing with great vitality.
In a rare media report on Chinese leaders with a human touch, Premier Li Keqiang was described to have "thumped the table" in front of ministers. Some officials "would rather stand idle than do work to prevent making mistakes", Li was quoted as saying in a recent article published on the State Council's website. "They hold onto their posts but make only perfunctory efforts. Aren't they like deadwood?"
Without the property industry, the Chinese economy would lack pulling power. The country should continue to develop the property sector, loosen the home-purchase policies, and offer more affordable and low-priced housing. The country must create new markets to spur consumption and stabilize growth when structural reform deepens.??
The Macao Special Administrative Region is standing at a critical juncture in transforming from a gaming hub into a world-leading tourism and leisure center with a diversified economy, a senior Macao official said at a meeting with deputies to the National People's Congress on Thursday.?
