Fintech Helping Banks Stay on Growth Track

Total Page:16

File Type:pdf, Size:1020Kb

Fintech Helping Banks Stay on Growth Track 14 | Thursday, December 17, 2020 HONG KONG EDITION | CHINA DAILY BUSINESS Retailers embracing green wave to further tap younger consumers By ZHENG YIRAN Energy and Environmental Design [email protected] or LEED participation, a globally International retail recognized green building certifi- Retailers in China are increas- cation system, in China’s retail sec- ingly embracing green practices brands, which own tor. as Chinese consumers care for businesses in China, According to USGBC data, by the environmental protection and end of July, it had received 5,833 sustainable development, experts have made LEED applications in the Chinese said. commitments one market, and 987, or 17 percent, were Huang Qianyi, 29, an office work- from the retail sector. Prominent er in Beijing, considers herself an after another to brands among the applicants inveterate spender who can perhaps accelerate green included 7-Eleven, McDonald’s, stop shopping only by chopping off Starbucks, Nike, Swarovski, Zara, her own hands, in a manner of innovation, in terms Burberry, Gucci and Prada. speaking. This year, she decided to of raw material “In the post-pandemic era, become a discerning consumer by retailers with LEED certification embracing environmental con- technology, supply offer consumers with a safer and Visitors check out fintech products at a bank’s booth during a financial expo in Shanghai in sciousness and steering clear of chain supervision healthier user experience,” Wang September. FANG ZHE / XINHUA profligacy. and business mode.” said. That decision can be traced to the In an interview with Beijing- fact that Huang’s overflowing war- Wang Jing, director of USGBC based fashion media outlet WWD, drobe is stuffed with all kinds of North Asia Torquil Mclntosh, co-founder of dresses, some of which she has not British architecture office Sybarite, even worn yet. material technology, supply chain said that in the wake of COVID-19, Fintech helping banks Her dilemma today is whether supervision and business mode,” retail stores should leave enough she should give them all away or said Wang Jing, director of USGBC safe space for consumers. In this simply stop buying new clothes. North Asia. way, every inch of their skin would A garment-recycling initiative The trend was in evidence during be safe and comfortable. launched by Sweden-based clothing the online shopping festival called With the new concept, retail and cosmetic retailer H&M came to Singles Day on Nov 11. Alibaba stores can give full play to their stay on growth track Huang’s rescue. Group’s online marketplace Taobao imagination to create fresh shop- The H&M initiative encourages offered virtual “environmentally ping experiences, he told WWD. consumers in China to recycle friendly advocate” certificates to “Retail brands have a vast poten- Digitalization and internationally, small and medi- financial institutions to facilitate clothing. It offers 15 percent dis- e-shoppers who agreed to cut down tial to drive greener changes um-sized commercial banks need to high-quality digital transformation count coupons to consumers who on the use of plastic bags and other across the value chain — from seen as key to enhance their competitiveness as of the banking sector. trade in their used clothes to its packaging materials received from influencing suppliers to advocat- keeping lenders fast as possible and achieve better The Global FinTech Adoption stores. couriers or deliverymen. ing consumers. Those retail growth through fintech develop- Index 2019, released by EY, which “I may have been a habitual shop- Swiss food giant Nestle and brands pursuing LEED certifica- afloat in post- ment and digital transformation,” was known as Ernst & Young, per, but I am also all for environ- Aupres of Japanese cosmetics com- tions normally position green Wang said at the fourth China Digi- showed that the adoption rate of fin- mental protection. I sometimes feel pany Shiseido replaced their card- retail spaces and/or green supply COVID world tal Banking Forum held recently in tech among Chinese small and guilty when buying too many board boxes usually heavily Scotch- chains as part of their sustainabili- Shenzhen, Guangdong province. medium-sized enterprises ranked clothes. My worries are now finally taped with zip boxes, in order to cut ty strategies,” Wang said. By ZHOU MO Wang said macro and regulatory first worldwide, particularly in resolved,” Huang said. down on the use of the plastic adhe- The USGBC report said that in Shenzhen, Guangdong financial policies will be more terms of using banking and payment According to a recent report by sive tape. from now to 2030, green-minded [email protected] focused on providing support for services, which stood at 92 percent. the United States Green Building US-based McKinsey Global Insti- younger consumers, who feel they the real economy. Greater attention Adoption rates of fintech among Council, “green” and “sustainable” tute said in a recent report that the have a responsibility for the plan- Development of financial tech- will be paid to ensure compliance, consumers in China also reached have become buzzwords among global business environment is et’s future, are expected to emerge nologies and digital transforma- steadiness and security of financial 87 percent, compared with the retailers in China. veering toward environmentally as the backbone of China’s con- tion are vital for Chinese small and sector enterprises, he added. global average of 64 percent. “Sustainability is no longer a ‘bet- friendly building technologies as sumer market as well as labor medium-sized lenders to survive Liu Feng, secretary-general of Jessica Tan, co-CEO of financial ter-to-have’ option. International demand for greener lifestyles market. and grow as competition and the China Banking Association, conglomerate Ping An Group, said retail brands, which own businesses increases. So, green and sustainable practic- financial risks intensify, officials said the sector has seen major digital transformation has become in China, have made commitments Wang from USGBC said that in es should inform retail brands’ busi- and industry leaders said. progress in making use of fintech a matter of survival for financial one after another to accelerate recent years, the organization has ness strategies in China, industry While capable management to promote its development in institutions in a post-pandemic green innovation, in terms of raw witnessed growing Leadership in experts said. teams, sound systems, strong risk recent years, with a number of digi- era. management capabilities and a talized and intelligent products “Growth rates of ROE (return on healthy corporate culture are being developed. equity) in the Chinese banking among the core elements needed to Fintech achievements have industry dropped from 20.51 per- Targeted agriculture plays important make such commercial banks com- played an important role in address- cent in 2012 to 10.04 percent this petitive, the support of fintech is ing issues such as information year. That shows value returns in vital to keep them afloat amid cur- asymmetry, privacy protections and the sector are narrowing,” Tan rent financial hazards and indus- enhancing banks’ capacity in preci- said, noting that quick changes role to tackle poverty in rural areas try competition, said Wang sion marketing and intelligent risk should be made to deal with the Zhaoxing, a counselor of the State management, Liu said. situation. By YUAN SHENGGAO Council, the country’s Cabinet, and Acknowledging that the indus- She added that Ping An has former vice-chairman of the China try is still in its initial stage of digi- poured 100 billion yuan ($15.3 bil- Zhongshan county in Hezhou, Banking and Insurance Regulatory tal transformation and challenges lion) in the past decade and will South China’s Guangxi Zhuang Commission. lie ahead, Liu said the association inject an additional 200 billion autonomous region, has stepped up “In the current complicated envi- will strengthen its information yuan in the next five years to pro- its efforts to develop specific areas of ronment of competition and in the technology-based service capabili- mote fintech and drive digital agriculture in order to help relieve face of pressure both domestically ty and increase exchanges with transformation of the company. poverty. Edible mushrooms and rice planting have been chosen for industrial agricultural development in Zhongshan county to create jobs France’s Pierre Fabre to go big on and provide people with a stable income, according to the local gov- ernment. dermo-cosmetics in Chinese market The county has established a cooperative for edible mushroom By ZHENG YIRAN Chinese market. In the future, we the new label should conform to cultivation that includes 33 house- will further dig into the market, so the content and look of the original holds living in poor conditions. Pierre Fabre, a French dermo-cos- that Chinese consumers are able to label. This year, the cooperative planted Farmers harvest black fungi in Zhongshan county of Hezhou, metics company, plans to raise its have healthy skin in the long run,” Mao Zhenbin, a senior official at 13.33 hectares of black fungi, creat- Guangxi Zhuang autonomous region. PROVIDED TO CHINA DAILY investment in China’s skin care mar- Choe said. the Department of Science, Tech- ing an estimated net profit of 5,000 ket, one of its senior executives said. On Jan 3, the State Council, Chi- nology and International Coopera- yuan ($760) per mu (666.67 square China, she said, is expected to sur- na’s Cabinet, adopted a new ver- tion of the National Medical meters). Members of the coopera- try involves more than 50 poor require a workforce of 200-300 peo- pass France to become the group’s sion of China’s cosmetics Products Administration, said: tive are expected to increase their households, and is expected to yield ple per day. As a result, local people largest market in three years.
Recommended publications
  • Investigation and Analysis of Genetic Diversity of Diospyros Germplasms Using Scot Molecular Markers in Guangxi
    RESEARCH ARTICLE Investigation and Analysis of Genetic Diversity of Diospyros Germplasms Using SCoT Molecular Markers in Guangxi Libao Deng1,3☯, Qingzhi Liang2☯, Xinhua He1,4*, Cong Luo1, Hu Chen1, Zhenshi Qin5 1 Agricultural College of Guangxi University, Nanning 530004, China, 2 National Field Genebank for Tropical Fruit, South Subtropical Crops Research Institutes, Chinese Academy of Tropical Agricultural Sciences, Zhanjiang 524091, China, 3 Administration Committee of Guangxi Baise National Agricultural Science and Technology Zone, Baise 533612, China, 4 Guangxi Crop Genetic Improvement and Biotechnology Laboratory, Nanning 530007, China, 5 Experiment Station of Guangxi Subtropical Crop Research Institute, Chongzuo 532415, China ☯ These authors contributed equally to this work. * [email protected] Abstract OPEN ACCESS Citation: Deng L, Liang Q, He X, Luo C, Chen H, Qin Background Z (2015) Investigation and Analysis of Genetic Diversity of Diospyros Germplasms Using SCoT Knowledge about genetic diversity and relationships among germplasms could be an Molecular Markers in Guangxi. PLoS ONE 10(8): invaluable aid in diospyros improvement strategies. e0136510. doi:10.1371/journal.pone.0136510 Editor: Swarup Kumar Parida, National Institute of Methods Plant Genome Research (NIPGR), INDIA This study was designed to analyze the genetic diversity and relationship of local and natu- Received: January 1, 2015 ral varieties in Guangxi Zhuang Autonomous Region of China using start codon targeted Accepted: August 5, 2015 polymorphism (SCoT) markers. The accessions of 95 diospyros germplasms belonging to Published: August 28, 2015 four species Diospyros kaki Thunb, D. oleifera Cheng, D. kaki var. silverstris Mak, and D. Copyright: © 2015 Deng et al. This is an open lotus Linn were collected from different eco-climatic zones in Guangxi and were analyzed access article distributed under the terms of the using SCoT markers.
    [Show full text]
  • The Globalization of Chinese Food ANTHROPOLOGY of ASIA SERIES Series Editor: Grant Evans, University Ofhong Kong
    The Globalization of Chinese Food ANTHROPOLOGY OF ASIA SERIES Series Editor: Grant Evans, University ofHong Kong Asia today is one ofthe most dynamic regions ofthe world. The previously predominant image of 'timeless peasants' has given way to the image of fast-paced business people, mass consumerism and high-rise urban conglomerations. Yet much discourse remains entrenched in the polarities of 'East vs. West', 'Tradition vs. Change'. This series hopes to provide a forum for anthropological studies which break with such polarities. It will publish titles dealing with cosmopolitanism, cultural identity, representa­ tions, arts and performance. The complexities of urban Asia, its elites, its political rituals, and its families will also be explored. Dangerous Blood, Refined Souls Death Rituals among the Chinese in Singapore Tong Chee Kiong Folk Art Potters ofJapan Beyond an Anthropology of Aesthetics Brian Moeran Hong Kong The Anthropology of a Chinese Metropolis Edited by Grant Evans and Maria Tam Anthropology and Colonialism in Asia and Oceania Jan van Bremen and Akitoshi Shimizu Japanese Bosses, Chinese Workers Power and Control in a Hong Kong Megastore WOng Heung wah The Legend ofthe Golden Boat Regulation, Trade and Traders in the Borderlands of Laos, Thailand, China and Burma Andrew walker Cultural Crisis and Social Memory Politics of the Past in the Thai World Edited by Shigeharu Tanabe and Charles R Keyes The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung UNIVERSITY OF HAWAI'I PRESS HONOLULU Editorial Matter © 2002 David Y.
    [Show full text]
  • Anisotropic Patterns of Liver Cancer Prevalence in Guangxi in Southwest China: Is Local Climate a Contributing Factor?
    DOI:http://dx.doi.org/10.7314/APJCP.2015.16.8.3579 Anisotropic Patterns of Liver Cancer Prevalence in Guangxi in Southwest China: Is Local Climate a Contributing Factor? RESEARCH ARTICLE Anisotropic Patterns of Liver Cancer Prevalence in Guangxi in Southwest China: Is Local Climate a Contributing Factor? Wei Deng1&, Long Long2&*, Xian-Yan Tang3, Tian-Ren Huang1, Ji-Lin Li1, Min- Hua Rong1, Ke-Zhi Li1, Hai-Zhou Liu1 Abstract Geographic information system (GIS) technology has useful applications for epidemiology, enabling the detection of spatial patterns of disease dispersion and locating geographic areas at increased risk. In this study, we applied GIS technology to characterize the spatial pattern of mortality due to liver cancer in the autonomous region of Guangxi Zhuang in southwest China. A database with liver cancer mortality data for 1971-1973, 1990-1992, and 2004-2005, including geographic locations and climate conditions, was constructed, and the appropriate associations were investigated. It was found that the regions with the highest mortality rates were central Guangxi with Guigang City at the center, and southwest Guangxi centered in Fusui County. Regions with the lowest mortality rates were eastern Guangxi with Pingnan County at the center, and northern Guangxi centered in Sanjiang and Rongshui counties. Regarding climate conditions, in the 1990s the mortality rate of liver cancer positively correlated with average temperature and average minimum temperature, and negatively correlated with average precipitation. In 2004 through 2005, mortality due to liver cancer positively correlated with the average minimum temperature. Regions of high mortality had lower average humidity and higher average barometric pressure than did regions of low mortality.
    [Show full text]
  • 2—Identified Global Consumers of Tin Concentrates (Refineries and Smelters)
    November 2020 1 of 12 2—Identified global consumers of tin concentrates (refineries and smelters) Explanation: This list contains global facilities known to be able to process tin concentrate. Additional small-scale smelters may be in operation in Indonesia, but their status could not be confirmed. Facilities were thought to be active unless otherwise noted. Data records are sorted by country and then alphabetically by owner. FACILITY TYPE AND STATUS COUNTRY LOCATION OPERATOR / OWNERSHIP (IF APPLICABLE) Australia Smelter (on care and maintenance since 2012) Greenbushes, Western Australia Global Advanced Metals Pty Ltd. Belgium Smelter Beerse, Antwerp Aurubis AG Huajara Industrial Park, Oruro, Oruro Bolivia Smelter Operaciones Metalúrgicas S.A. (OMSA) Department Vinto smelting complex, Vinto, Oruro Empresa Metalúrgica Vinto S.A. (Compania Bolivia Smelter Department Minera Colquira S.A.) Coopersanta, Bom Futuro, Ariquemes, Cooperativa de Garimperiros de Santa Cruz Brazil Smelter Rondônia Ltda. [Meridian Mineração Jaburi S.A.] Estanho de Rondônia S.A. [Companhia Brazil Smelter Ariquemes, Rondônia Siderúrgica Nacional (CSN)] Brazil Smelter São João del Rei, Minas Gerais Magnu's Minerais Metais e Ligas Ltda. November 2020 2 of 12 2—Identified global consumers of tin concentrates (refineries and smelters) Explanation: This list contains global facilities known to be able to process tin concentrate. Additional small-scale smelters may be in operation in Indonesia, but their status could not be confirmed. Facilities were thought to be active unless otherwise noted. Data records are sorted by country and then alphabetically by owner. FACILITY TYPE AND STATUS COUNTRY LOCATION OPERATOR / OWNERSHIP (IF APPLICABLE) Brazil Smelter Ariquemes, Rondônia Melt Metais e Ligas S.A.
    [Show full text]
  • 50391-001: Demonstration of Guangxi Elderly Care and Health Care
    Resettlement Plan May 2019 People’s Republic of China: Demonstration of Guangxi Elderly Care and Health Care Integration and Public–Private Participation Project Hezhou No. 2 Nursing Home for Disabled Elderly Prepared by Guangxi Zhuang Autonomous Region for the Asian Development Bank. CURRENCY EQUIVALENTS (as of 29 April 2019) Currency unit – yuan (Symbol) CNY1.00 = $6.7297 $1.00 = CNY0.1486 ABBREVIATIONS ADB – Asian Development Bank AFs – affected families APs – affected persons DI – design institute DMS – detailed measurement survey EA – executive agency HLRB – Hezhou Land Resources Administration Bureau HMG – Hezhou Municipal Government HPMO – Hezhou project management office FSR – feasibility study report GDP – gross domestic product GZAR – Guangxi Zhuang Autonomous Region HHs – households IA – implementing agency IMA – independent monitoring agency LA – land acquisition LAR – land acquisition and resettlement LRB – land resources bureau M&E – monitoring and evaluation MLG – minimum living guarantee OP – operation procedures PLG – project leading group PMO – project management office PPTA – project preparation technical assistance PRC – People’s Republic of China RC – residents' committee RIB – resettlement information brochure RO – resettlement office ROW – right-of-way RAP – resettlement plan S&T – science and technology TOR – terms of reference WF – women’s federation km2 – square kilometer mu – A mu is a Chinese unit of measurement (1 mu = 666.667 square meters). NOTE In this report, "$" refers to United States dollars. This resettlement plan is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. Your attention is directed to the “terms of use” section of this website.
    [Show full text]
  • Red History Thriving Along Highway Guangdong Province
    CHINA DAILY | HONG KONG EDITION Monday, May 3, 2021 | 11 TRAVEL PATHWAYS TO PROGRESS Expressway leads to a big discovery: Prosperity By ZHANG LI in Nanning [email protected] Mo Shuifeng moves swiftly and expertly between the vegetables she grows for guests in her garden in Hetang village, Zhongshan county, Hezhou of Guangxi Zhuang autono- mous region. She feels she is dreaming. Just five years ago she was living in poverty because of the financial burden of her children’s school tuition. With limited transport and a lack of arable land for farming, Hetang had been one of the poorest areas of the county. In 2015, severe poverty affected more than 33 percent of the population. But the village had a secret asset that had never been tapped: It Pupils of the Zhaojin Beiliang Red Army Primary School in Zhaojin town, Tongchuan, Shaanxi province, learn the history of the Communist Party of China. boasts 16 kilometers of picturesque PROVIDED TO CHINA DAILY karst landscape that few people have ever heard about. In 2017, an expressway linked Baotou in the Inner Mongolia autonomous region with Maoming, Red history thriving along highway Guangdong province. The express- way passes Guilin, Wuzhou and Hezhou in Guangxi. Located just 11 km from the Rich experiences Baotou-Maoming tion,” he wrote in his diary. expressway entrance, the scenic Expressway Tongdao Dong autonomous landscape of Hetang village could await those who county of Huaihua, Hunan prov- not stay hidden and was soon dis- want to get a feel Baotou ince, along the expressway, was the covered by the world.
    [Show full text]
  • Conservation Recommendations for Oryza Rufipogon Griff. in China
    www.nature.com/scientificreports OPEN Conservation recommendations for Oryza rufpogon Grif. in China based on genetic diversity analysis Junrui Wang1,6, Jinxia Shi2,6, Sha Liu1, Xiping Sun3, Juan Huang1,4, Weihua Qiao1,5, Yunlian Cheng1, Lifang Zhang1, Xiaoming Zheng1,5* & Qingwen Yang1,5* Over the past 30 years, human disturbance and habitat fragmentation have severely endangered the survival of common wild rice (Oryza rufpogon Grif.) in China. A better understanding of the genetic structure of O. rufpogon populations will therefore be useful for the development of conservation strategies. We examined the diversity and genetic structure of natural O. rufpogon populations at the national, provincial, and local levels using simple sequence repeat (SSR) markers. Twenty representative populations from sites across China showed high levels of genetic variability, and approximately 44% of the total genetic variation was among populations. At the local level, we studied fourteen populations in Guangxi Province and four populations in Jiangxi Province. Populations from similar ecosystems showed less genetic diferentiation, and local environmental conditions rather than geographic distance appeared to have infuenced gene fow during population genetic evolution. We identifed a triangular area, including northern Hainan, southern Guangdong, and southwestern Guangxi, as the genetic diversity center of O. rufpogon in China, and we proposed that this area should be given priority during the development of ex situ and in situ conservation strategies. Populations from less common ecosystem types should also be given priority for in situ conservation. Common wild rice (Oryza rufpogon Grif.) is the putative progenitor of Asian cultivated rice, one of the most important food crops in the world.
    [Show full text]
  • 4.5 Ethnic Minority Groups
    IPP319 Public Disclosure Authorized The Guiyang-Guangzhou New Railway Construction (GGR) Social Assessment & Ethnic Minority Development Plan Public Disclosure Authorized Public Disclosure Authorized Foreign I&T Introduction Center of MOR, China West China Development Research Center of The Central University of Nationalities Public Disclosure Authorized August 30, 2008 1 3URMHFW7LWOH Social Assessment & Ethnic Minority Development Plan for the Guiyang-Guangzhou New Railway Construction 3URMHFW8QGHUWDNHUV Professor/Dr. Zhang Haiyang (Han) Director of the West China Development Research Center Associate Professor/Dr. Jia Zhongyi (Miao/Mhong) Deputy Director of the WCDRC The Central University of Nationalities, Beijing, 100081 China [email protected]; [email protected] 7DVNIRUFH0HPEHU Chen weifan, female, Hui, graduate students of CUN Zhong wenhong, male, She, graduate student of CUN Shen Jie, femal, Han, graduate student of CUN Feng An, male, Buyi, graduate student of CUN Wu Huicheng, male, Zhuang, graduate student of CUN 'UDIWHUV Jia Zhongyi, Zhang Haiyang, Shen Jie, Chen weifan, Zhong wenhong, Feng An 7UDQVODWRUVZhang Haiyang, Saihan, Liu Liu, Chai Ling , Liang Hongling, Yan Ying, Liang Xining 2 Table of Contents Abstract......................................................................................................................................................................5 Chpt.1 GGR Content & Regional Development Survey............................................................................................9 1.1 Background
    [Show full text]
  • Microsoft to Create 2,000 New Jobs Reforms To
    14 | Wednesday, December 16, 2020 HONG KONG EDITION | CHINA DAILY BUSINESS Delisting Microsoft to create 2,000 new jobs reforms to Tech behemoth Microsoft to increase customer base streamline during the pandemic. Crozier said sees huge growth Microsoft has booked more Chinese opportunities in customers, which are chiefly from capital the gaming and entertainment China’s digital industry, to embrace its technolo- gies to go global, as social distancing markets transformation made more people embrace digital entertainment. By ZHOU MO By MA SI Meanwhile, multinational corpo- in Shenzhen, Guangdong [email protected] rations are also placing greater [email protected] emphasis on the China market Technology heavyweight Micro- where economic activities rebound- The revised delisting rules for soft Corp plans to create nearly ed significantly and Microsoft’s listed companies will improve 2,000 new jobs in China in the next technologies can help them better the ecosystem of China’s capital 18 months as it sees strong opportu- innovate in China, and scale their markets and pave the way for the nities in accelerated digital transfor- solutions to global markets, he said. country’s high-quality economic mation in the world’s second-largest Despite geopolitical uncertain- transformation, analysts said. economy. ties, Crozier said many companies The Shanghai Stock Exchange The move is part of Microsoft’s now look at China as a growth plat- and the Shenzhen Stock long-term commitment to the China form for not just this year but next Exchange published draft docu- market, a strategy that has never year and beyond. China is also an ments for consultation late on been disrupted by the COVID-19 pan- important innovation platform Monday, with proposed reforms demic, said Alain Crozier, chairman where the products and technolo- of delisting criteria, channels and CEO of Microsoft Greater China.
    [Show full text]
  • Open Dissertation-XIANG.Pdf
    The Pennsylvania State University The Graduate School The College of the Liberal Arts LAND, CHURCH, AND POWER: FRENCH CATHOLIC MISSION IN GUANGZHOU, 1840-1930 A Dissertation in History by Hongyan Xiang 2014 Hongyan Xiang Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy August 2014 ii The dissertation of Hongyan Xiang was reviewed and approved* by the following: Ronnie Hsia Edwin Earle Sparks Professor of History Dissertation Advisor Chair of Committee David G. Atwill Associate Professor of History and Asian Studies Kate Merkel-Hess Assistant Professor of History and Asian Studies Anouk Patel-Campillo Assistant Professor of Rural Sociology Michael Kulikowski Professor of History and Classics and Ancient Mediterranean Studies Head, Department of History *Signatures are on file in the Graduate School iii Abstract This is a study of the economic and financial history of the Paris Foreign Missions Society (Société des Missions Étrangères de Paris) in the southern Chinese province of Guangdong (formerly known as Canton) from the late nineteenth to the early twentieth century. It examines how missionaries acquired and utilized local properties, demonstrating how property acquisitions provided a testing ground for Sino-Western relations. While historians have typically focused on the ways that missionaries affected Chinese populations and policies, I instead argue that living and attempting to gain influence in Guangdong altered missionaries’ tactics and strategies in ways that had far-reaching consequences. The government of China (which over the course of my study changed from an empire to a republic) consistently attempted to restrict foreign missions’ right to purchase Chinese properties.
    [Show full text]
  • World Bank Document
    E2008 V3 China Public Disclosure Authorized Guiyang-Gangzhou Railway Project Environmental Impact Assessment Executive Summary October, 2008 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Guiyang-Guangzhou Railway Project Environmental Impact Assessment Executive Summary INTRODUCTION Background This document summarizes the environment impact assessment of the Guiyang-Guangzhou Railway Project in China, highlighting the main issues and conclusions of the environment impact assessment and environment management plan of the project. According to both Chinese Environmental Assessment laws and regulations and the World Bank’s Operational Policy 4.01 Environmental Assessment, the proposed project is Category A for environmental assessment purposes, due to the scale and significance of potential environmental and social impacts and the sensitivity of the project areas. Therefore, a full environmental assessment report was required. The Ministry of Railways (MOR) retained China Railway Second Survey and Design Institute (SSDI) and China Railway Fourth Survey and Design Institute (FSDI) for EA preparation. Both institutes hold Class A environmental impact assessment accreditation from the Ministry of Environmental Protection (MEP). SSDI is responsible for the section Guiyang to Hezhou section (K0+000-K597+650), and FSDI is responsible for the section Hezhou to Guangzhou section (K567+200-K823+513). Accordingly, two separate EIA reports were prepared following relevant provisions specified in Chinese EA laws/regulations and technical guidelines, as well as World Bank safeguard policies. A Consolidated EA and Environmental Management Plan (EMP) 1 in English were prepared by SSDI to synthesize the two separate EIA reports. This Executive Summary is based on these reports, as well as feasibility studies carried out for the project, and karstic cave assessment and cultural resources surveys.
    [Show full text]
  • A Guide to Investment in Hezhou
    Positioning A national advanced demonstration zone of circular economy, a new rising industrial city in Guangxi, a regional transportation hub for Guangxi, Guangdong and Hunan, and an outstanding and well-known ecological tourist city in southern China. As “Exploitation of the Works of Nature”, a history book written Name Card in the Ming Dynasty, says "Tin is named He in ancient books, and Linhe (Hezhou) gets its name from the production of tin." Hezhou has a history more than 2,100 years since it was established as Linhe County in 111 B.C., the 6th Yuanding year of Hanwudi in the Western Han National Demonstration Zone of Accepting Industrial Transfer, Chinese National Excellent Tourist City, National Dynasty. In Hejie Town of Babu District, there still stand some Model City of Two-supports, Civilized City of Guangxi, Country of Chinese Hakka People, Longevity Country, Country of well-preserved walls of Nanhan Kingdom built in the period of Five Famous Tea, Country of Rare Stone, and Country of Water Chestnut Dynasties and Ten Kingdoms (907–960 AD). In 226, the 5th Huangwu year of Wu kingdom in the period of Three-kingdoms, Linhe was reestablished as Linhe prefecture. During Environment Overview the period of Sui Dynasty (589–618 AD), Linhe was renamed Hezhou in the 9th Kaihuang year. Located at the place where Guangxi, Guangdong and Hunan provinces meet, Hezhou has been an important business center, since the ancient time, for economic exchanges between Central Plains and the south of the Five Ridges, and for cultural exchange among Hunan, Guangdong, and Guangxi provinces.
    [Show full text]