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G20

Leaders pose for pictures during the G20 Leaders Summit at the International Expo Center in Hangzhou, East ’s province, on Sunday. WU ZHIYI / CHINA DAILY Action, not words needed to lift economy

mit on Sunday, he said the G20 solutions to restore strong G20 agenda structural reforms, priority ment to handle crises to a long- President tells had drawn up action plans in growth and achieve more-in- should be given to achieving term dialogue and action Highlights of multiple fields, including sus- clusive development that balanced growth. He said the mechanism,” according to Monday world leaders tainable development, green reduces inequality. They also G20 will help less-developed Wenling, chief econo- Xi’s speech The second day of the G20 Leaders finance, energy efficiency and agreed that more focus countries, including those in mist at the China Center for Summit China will strive anti-corruption, “and we should be placed on structur- Africa, with industrialization International Economic From the G20 Summit opening ceremony should implement each of al reforms, innovation and • President meets as well as green energy and Exchanges. “To make it more to boost growth, them seriously”. high-technology, as tradition- the press at the closing news finance to bridge the gaps in effective, the G20 should estab- Faced with global The Hangzhou summit has al growth engines have weak- conference global development. lish a secretariat.” challenges, the aid development come at a time when the ened. • Bilateral meetings with The G20 has been criti- Wang Wen, acting director G20 should: world economy is plagued by German Chancellor Angela other G20 leaders cized in the past for failing to of Renmin University of Chi- • reinforce macroeco- By XIN ZHIMING and problems, short and long Merkel said leaders had take concrete measures to na’s Chongyang Institute for nomic policy coordination, WANG YIQING in Hangzhou term, such as poor growth agreed that they must work Inside coordinate world economies. Financial Studies, added: “The promote global economic momentum, changing demo- together to boost global eco- While urging members to G20 used to be driven by cri- growth and maintain finan- President Xi Jinping urged graphics, rising trade protec- nomic growth, and she wel- • Related summit stories > p2-6 take substantial action, Xi ses, and now it’s driven by cial stability; the leaders of the world’s big- tionism and low investment, comed China’s focus on • Pictures >p7• Editorial >p10 said the group “should con- ideas. China has provided a • innovate development gest economies to deliver “real Xi said. structural reform. tinue to build our mecha- global consensus at the models and explore growth action” and “no empty talk” as But he insisted that G20 She added that digital min- nisms to ensure our Hangzhou summit that will motivation; improve global they attempt to steer the glob- members will “face the prob- isters from the world’s biggest Reuters reported. cooperation continues and drive global joint action.” economic governance; al economy out of its sluggish lems squarely” and collabo- economies will meet for the Xi said in his speech that deepens”. • build an open world state. rate in developing solutions. first time next year and that while the world needs to bet- “The G20 is becoming more Contact the writers at economy and promote In his opening speech at the World leaders vowed at the the group planned to set up a ter coordinate monetary and systematic and is changing xinzhiming@ trade and investment liber- start of the two-day G20 Sum- meeting to find workable task force for innovation, fiscal policies and carry out from a short-term arrange- chinadaily.com.cn alization; • implement the 2030 Agenda for Sustainable Development. GALA The world’s Gini coeffi- cient, a measure of eco- Classic tales from East and West nomic inequality, has reached around 0.7, higher than the recognized alarm converge in lake extravaganza level, which stands at 0.6. This is something we must pay close attention to. By RAYMOND ZHOU 846), highlighted the city’s rich riage suggestive of exchanges in in Hangzhou cultural legacy as well as incor- other areas. To build a prosperous [email protected] porated international ele- Dancers performed in the world, G20 should: ments that subtly reflect the beautifully lit background in • keep up with the times State leaders and their state of today’s globalization. what looked like shallow and play a leading role, with spouses in Hangzhou for the The evening was billed as a water, and solo performances the G20 shifting from a G20 Summit enjoyed a feast symphony concert, using a were on a floating platform. forum for crisis manage- for the eyes on Sunday night musical idiom that director In such a setting, segments ment to long-term adminis- with a gala on the city’s much- Yimou chose for its from the famous Russian bal- tration; storied West Lake. broadly international reso- let Swan Lake, which received • make the G20’s work The 45-minute visual nance. Traditional Chinese instant applause when the more inclusive to meet the extravaganza, Most Memora- instruments wove in with the first dancer appeared, gained demands of people in all ble Is Hangzhou, a title taken sounds of a standard orchestra countries. from a poem by Bai Juyi (772- in an East-meets-West mar- SEE “GALA” PAGE 5 Dancers perform Butterfly Lovers on West Lake on Sunday night. HUANG ZHONGZHI / XINHUA

In the news ANTI-GRAFT

WORLD Zika in Singapore CCDI shows progress in hunt for corrupt officials came from Asia Singapore reports 215 cases of Zika infections as scientists By ZHANG YAN in Inside proceeds seriously damage Economic fugitives B20 delegates made two rec- rupt fugitives. No matter in the city-state say the virus and CAO YIN in Hangzhou social justice and hinder eco- returned to China ommendations to the G20 where they have escaped to, nomic development,” said Cai, regarding corruption: one to we will try every means to strain comes from within Asia Full-page graphic: 33 major Total Officials and was not imported from As the G20 throws the spot- economic fugitives brought to who is also deputy director of strengthen intergovernmental bring them back,” President Xi 1,200 Brazil. > p45 light on global anti-corruption justice >p8 the CCDI’s International cooperation; the other for Jinping said in 2014. efforts, China has released Cooperation Bureau. 1,000 1,023 leaders to foster a transparent In April last year, Interpol fresh data on its progress in Li Chengyan, head of Peking commercial environment. issued red notices — interna- BUSINESS capturing former officials said also that 7.62 billion yuan University’s Center for Anti- 800 “Curbing corruption is tional arrest warrants — for Booksellers get accused of fleeing abroad with ($1.14 billion) in illegal assets Corruption Studies, predicted 600 486 important, as graft under- 100 Chinese fugitives. By the creative ideas billions in public money. had been seized. that the summit will result in 511 (Jan-July) mines trust, which is a key end of July, 33 had been 400 Retailers of books reinvent The nation is more than two China has worked to make all members agreeing to a investment security factor. returned from 16 countries business models to survive years into an intensive cam- corruption a major talking legal definition of corruption, 200 244 And it increases transaction and regions, including seven paign to track down and repa- point at the ongoing G20 Sum- a coordinated mechanism to 67 costs due to unpredictability,” from , the CCDI data and thrive despite competition 0 31 online. > p37 triate economic fugitives mit in the eastern city of pursue fugitives and stolen Mantoiu said. show. Two of the 33 have been overseas, part of wider meas- Hangzhou. Cai Wei, joint head assets, and the implementa- 2014 2015 2016 China launched a massive convicted and sentenced. ures to tackle graft. of the G20 Anti-Corruption tion of the UN Convention ASSETS SEIZED anti-corruption campaign aft- Developed countries such as A member of So far, 2,020 economic fugi- Working Group, said he Against Corruption. (Unit: billion yuan) er the new leadership was the , Canada, the Asia News 4 Network tives, including 342 former expects to see world leaders At the Business 20 Summit elected in late 2012. To capture Australia and Singapore have officials, have been returned to “further implement action on Saturday, also in 3 3.19 3.04 economic fugitives abroad, the become popular destinations 国内统一编号:CN11-0091 China from more than 70 plans promised in previous Hangzhou, experts agreed government set up the Central for Chinese fugitives due to 国际标准编号 :ISSN0253-9543 2 1.39 countries and regions since years to improve cooperation that graft “is a barrier to eco- (Jan-July) Anti-Corruption Coordination the lack of extradition treaties. 邮发代号:1-3 2014, according to the Central in law enforcement, extradi- nomic growth”, said Evelyn 1 Group, led by the CCDI, and © 2016 China Daily Commission for Discipline tion and seizing illegal funds”. Mantoiu, a policy analyst from 0 launched its Sky Net operation. Contact the writer at All Rights 2014 2015 2016 Reserved Inspection. “Corrupt fugitives and the the University of Sheffield who “Western countries can’t zhangyan1@ Vol.36 — No. 11336 The top discipline watchdog cross-border flow of illegal attended the meeting. CHINA DAILY become ‘safe havens’ for cor- chinadaily.com.cn 2 Monday, September 5, 2016 CHINA DAILY

BRICS calls for fairer governance

position of multilateral trade as the key channel, joint- Five leaders, meeting informally ahead of summit in Hangzhou, ly build an open world economy and oppose all kinds of protectionism and exclusionism, to ensure that all pursue equity for developing countries, emerging economies countries will be equal in their development rights, opportunities and rules, Xi said. By LI XIAOKUN in Hangzhou and developing countries.” He also called on members to drive the BRICS’ New [email protected] They called for the IMF to finish its 15th general Development Bank to implement the first batch of review of quotas before the annual conference in 2017 projects and boost the bank’s management and Leaders of BRICS countries on Sunday urged the and present a new formula for quotas. The quota for- financing capabilities. International Monetary Fund to reassign quota and mula is a weighted average of GDP and other factors, The bank should promote research on the BRICS’ voting rights to ensure that the IMF “fairly” reflects the such as openness and reserves. contingent reserve arrangement, a provision for sup- “status of emerging markets and developing countries”. The IMF decided in 2010 to divert 6 percentage port in case of short-term balance-of-payment pres- The leaders — representing Brazil, Russia, , points of quotas to emerging markets and developing sures, to enhance financial security for BRICS China and South Africa, made the call during an nations. After the reassignment, the top 10 IMF mem- countries, he said. informal meeting ahead of the G20 Summit. The five bers, by quota, are the US, Japan, China, Germany, During Sunday’s meeting, the leaders also strongly countries are also members of the G20. France, Britain, Italy, India, Russia and Brazil. The condemned recent terrorist attacks around the globe. Indian Prime Minister Narendra Modi presided plan took effect in January. They vowed to consolidate international anti-terror over the meeting. India holds the rotating chairman- However, Ruan Zongze, executive vice-president of cooperation and called on the to play a ship of the BRICS organization. the China Institute of International Studies, said the central role in the fight. “The leaders stressed … that the current quota of adjustment is not enough. “For example, Japan holds The meeting came days after a suicide car bomb the IMF failed to reflect the global economic situa- the second biggest quota,” Ruan said. “But last year, attack on China’s embassy in Bishkek on Tuesday, tion,” according to a statement issued after the meet- China’s GDP doubled that of Japan.” which injured three people and killed the attacker. ing. President Xi Jinping said BRICS members should The informal meeting gave BRICS leaders a chance The leaders “expect members of the G20 and the enhance coordination to have emerging-market econ- to discuss and fine-tune major decisions before they IMF to work together to increase quota sources of the omies and developing countries play a bigger role in are announced at the 8th BRICS Summit in mid-Octo- IMF, and reevaluate quota and voting rights to ensure international affairs. ber in Goa, India, according to Swaran Singh, a profes- that they fairly reflect the status of emerging markets The five countries should also work to safeguard the sor at Jawaharlal Nehru University in New Delhi.

President Xi Jinping and Russian President Vladimir Putin arrive for the G20 Summit in Hangzhou, Zhejiang province, on Sunday. NICOLAS ASFOURI / REUTERS China, Russia should support each other, Xi tells Putin

By AN BAIJIE in Hangzhou [email protected]

China and Russia should firmly support each other’s efforts to safeguard sovereignty, security and develop- ment interests, President Xi Jinping said on Sunday. Xi made the remarks in a meeting with Russian Presi- dent Vladimir Putin on the sidelines of the G20 Summit in Hangzhou. The two countries should push forward practical cooperation in areas such as infrastructure construc- tion, energy, aviation, aerospace and high-technology, Xi said, adding that bilateral military exchanges and security cooperation should also be strengthened. China and Russia should strengthen coordination in international and regional affairs to safeguard justice and promote world peace, he said. Xi also called for the alignment of China’s Belt and Road Initiative with the Russia-led Eurasian Economic Union. A successful G20 Summit could meet the demands of a developing global economy and is in the common interest of all members, including China and Russia, Xi said. During Putin’s state visit to China in June, the two President Xi Jinping (center) takes a group photo with Indian Prime Minister Narendra Modi (2nd left), Brazilian President Michel Temer (left), Russian President Vladimir Putin nations issued three joint declarations and signed some (2nd right) and South African President Jacob Zuma (right) ahead of the G20 Summit in Hangzhou, Zhejiang, on Sunday. XU JINGXING / CHINA DAILY 30 cooperative agreements. Such collaboration reflects the shared stance of China and Russia on key international and regional issues, with both sides making similar comments on safe- guarding global strategic security and world peace, Xi said. President continues one-on-one dialogues Putin said Russia would like to join with China to share political trust and their people’s friendship to Editor’s note: Sunday marked the third day of President Xi Jinping’s busy schedule of bilateral meetings with leaders attending stimulate economic cooperation. the G20 Summit in Hangzhou, Zhejiang province. Following are highlights of some of the two-way talks: The two countries should enhance cooperation in trade, investment, finance, energy, science and technol- ogy, to bring real benefits to people on both sides, he Egypt transparent and understandable policies for foreign trust, deepen integration of interests and promote added. investors, which also serves the interests of Austra- people-to-people exchanges. He voiced support for the G20 Summit theme and China wants to enhance its coopera- lia itself, Xi said. Xi said he expects Mexico to fully exert its regional agenda set by China and said he hoped the summit will tion with Egypt in areas such as pro- The two countries should work on expanding joint influence to promote China’s relations with Latin be a success. duction capacity, finance, research and development in fields such as food, agri- America. This year marks the 20th anniversary of the coun- environmental protection and infra- culture, mining and ocean science, and they should Mexico’s President Enrique Pena Nieto said China tries’ establishing a strategic partnership of coordina- structure, President Xi Jinping said. reinforce cooperation to fight corruption and hunt for is a close friend and an important trading partner. Abdel-Fatah tion, as well as the 15th anniversary of the signing of the The two countries should strengthen al-Sisi fugitives and illegal assets, while boosting anti-terror- He said his country is committed to pushing for- China-Russia Treaty of Good Neighborly Friendship communication and cooperation in ism efforts, Xi added. ward cooperation in fields including investment, and Cooperation. international and regional affairs, he Australian Prime Minister Malcolm Turnbull said finance and tourism, and deepening coordination Contact between the top leaders of China and Russia said, adding that both sides should his country is dedicated to implementing the bilat- with China on international affairs. has been frequent in recent years, sometimes five or six push forward their bilateral connec- eral free trade agreement, is ready to deepen the meetings a year, which reflects the strategic impor- tion to mark the 60th anniversary of bilateral economic and trade relationship and will India tance of bilateral ties, said Jin Yong, deputy head of the their diplomatic ties. continue welcoming Chinese investment in the School of Foreign Studies at Communication Universi- Egyptian President Abdel-Fatah country. China and India should respect each ty of China. al-Sisi said the China-Egypt friendship is deeply rooted The two countries have a tradition of friendship, other’s concerns and properly handle Chen Yurong, director of Eurasian studies at the Chi- in the minds of the people from both countries. and their comprehensive strategic partnership has disputes in a constructive way, Presi- na Institute of International Studies, added that cooper- Egypt wants to boost communication and coopera- widespread support within Australia, Turnbull said. dent Xi Jinping said. ation in infrastructure and energy industries are at the tion with China in areas such as industry, telecommu- He said the two neighbors — both Narendra top of the agenda for China-Russia exchanges. nications, technology, agriculture, water projects, Mexico large, developing countries — should Modi “Beijing is pushing forward the Belt and Road Initia- finance, local government administration and human stick to developing bilateral ties, often tive, aimed at improving connectivity in Eurasia, while resources, he said. President Xi Jinping said China and exchange views on major issues of Moscow needs support to counter declining oil prices,” Mexico should draw a road map for common concern, and strengthen she said. Australia bilateral cooperation for the next five strategic communication to boost years. The two countries should make mutual understanding and trust. Mutual trust is a precondition that use of overlapping points in China’s China expects to work with India to Enrique ensures the smooth development of 13th Five-Year Plan (2016-20), along Pena Nieto maintain the hard-won favorable situation in their China-Australia ties, and the two coun- with its innovation-driven develop- bilateral ties, he said. Beijing is pushing tries should respect each other’s core ment strategy, and Mexico’s structural Xi added that the Chinese government will encour- forward the Belt and interests and major concerns, Presi- Malcolm reform to promote cooperation in age enterprises to invest in India and suggested the dent Xi Jinping said. Turnbull fields such as building special econom- two sides explore the possibility of some “big, concrete Road Initiative ... while Moscow China and Australia are expected to ic zones, geospatial information tech- projects” in fields such as infrastructure and capacity further implement their bilateral free nology and nanotechnology. cooperation. needs support to counter declining trade agreement and to explore coop- Developing the China-Mexico com- India’s Prime Minister Narendra Modi said India- eration in fields such as energy and prehensive strategic partnership is a pioneering job, China relations are of great importance to the two oil prices.” resources, agriculture and husband- Xi said. The two countries have made achievements countries, the region and the world. The two countries ry, food processing and infrastructure in sectors including trade, investment, finance and have similar stances on international affairs, he said. Chen Yurong, director of Eurasian studies at the China construction, Xi said. energy, he said. Asian countries should join hands to strive for Institute of International Studies It is hoped Australia will further provide fair, China expects to join Mexico to consolidate mutual regional stability and prosperity, Modi added. CHINA DAILY Monday September 5, 2016

ADVERTISEMENT 3 4 Monday, September 5, 2016 CHINA DAILY

UN chief commends China for its outreach Invitations to summit show country’s expansive and ‘compassionate’ vision

By AN BAIJIE in Hangzhou [email protected]

UN Secretary-General Ban Ki-moon said on Sunday The G20 Summit that he “really appreciates” China’s effort to invite the is the place where largest number of develop- ing countries ever to attend a we strengthen G20 Summit. “It’s easy to say we support such partnerships European Council President Donald Tusk (left) and European Commission President Jean-Claude Juncker hold a news conference on Sunday. WANG ZHUANGFEI / CHINA DAILY developing countries, but it between developed is difficult to really take action to help those people,” and developing Ban said, adding that the effort reflects the Chinese countries.” government’s “far-reaching, Juncker: Overproduction must be solved visionary and compassion- Ban Ki-moon, ate” outlook. UN secretary-general It is in line with “persist- By WANG YANFEI Juncker said he hoped global duction. He suggested China “It is crucial to realize that mies, noting that the nation ent Chinese efforts” to push in Hangzhou leaders at the summit would accept a monitoring and China has been actively facil- has imposed export tariffs on forward South-South coop- poverty reduction its top pri- [email protected] push for a solution to the over- supervision mechanism for itating communications with some exported steel products. eration, he said at a news ority. During a tour in July to capacity issue, which he called overproduction in the sector other nations to enhance pol- Zhao Chenxin, spokesman conference on the sidelines the Ningxia Hui autono- A top European official on a global challenge. after the formation in July of a icy coordination,” he said. for the National Develop- of the two-day summit in mous region, an underdevel- Sunday said it was urgent to He said overcapacity has working group to look at solu- Despite a number of prob- ment and Reform Commis- Hangzhou, Zhejiang prov- oped area with a high resolve the global issue of particularly hurt the steel sec- tions. lems remaining to be solved in sion, a leading regulator in ince. concentration of ethnic overcapacity, and he pres- tor in , where thou- Officials and experts called China, “the nation has been charge of excess capacity Ban thanked President Xi groups, Xi said: “There are sured China to take action to sands of jobs have been lost in for more communication to actively seeking solutions to reduction, said, “China has Jinping for emphasizing sus- still some 50 million Chinese avoid costing European jobs — recent years, adding that he is resolve trade friction while tackle the problem through been taking an active and tainable development as the struggling with poverty, and a connection some analysts determined to defend the taking an “objective and reforms and using market- serious attitude in efforts to core element of the G20 by 2020 they must all be lift- said was “exaggerated”. interests of the European steel rational” view with regard to based methods”,he said. cut overcapacity, and is striv- agenda. Developed coun- ed out of poverty. This is my Speaking at a news confer- industry and its workers. China’s overcapacity problem. At a news conference in ing to meet capacity reduc- tries have the capacity to top concern now.” ence with European Council “Addressing the challenge of Lu Feng, an economist at August, Zhang Ji, China’s tion targets on time.” mobilize many resources, It was Ban’s second trip to President Donald Tusk before overcapacity in a credible ’s China Cen- assistant minister of com- China has committed to cut- but there are many countries Hangzhou, where economic the opening of the G20 Sum- manner will be the test case,” ter for Economic Research, said merce, played down accusa- ting capacity in the steel sector whose resources are limited, and social development has mit in Hangzhou, Zhejiang he said, adding that the G20 that some accusations aimed at tions that China engaged in by 100 to 150 million metric he said. been impressive and the province, European Commis- Summit “must urgently find a China’s steel sector have been so-called dumping of products tons over the next five years. He told reporters that G20 people live in peace and sta- sion President Jean-Claude solution” to excess steel pro- somewhat exaggerated. at low prices to other econo- members have a key role in bility. “This kind of benefit promoting a stable, inclusive and opportunity should be and sustainable economic shared by people around the growth agenda. world,” he said. “Allthis should be promot- Noting this is the last G20 EU looks to increase collaboration with Beijing ed through a partnership of he will attend as UN secre- all of us,” he said. “And the tary-general, Ban congratu- G20 Summit is the place lated China for “successfully By WANG YANFEI driven to consumption driven, Buti said he expected both where we strengthen such hosting and wonderfully in Hangzhou The G20 Summit Europe has been struggling to China and the EU to take partnerships between devel- organizing” the event. [email protected] reinvigorate its strength amid opportunities provided by the oped and developing coun- Huang Wei, director of the comes at a crucial signs that the bloc’s recovery summit to enhance collabora- tries.” Institute of Global Govern- China and the European remains weak. tion and knowledge sharing, Poverty reduction is the ance under the Chinese Union should focus on struc- moment when the global All this points to the need to adding that both key G20 No 1 priority of the United Academy of Social Sciences, tural reforms, growth-friendly turn to fiscal policies that members have attracted pri- Nations, Ban said, noting said that this year’s summit fiscal policies and more collab- economy’s revival is being could help drive innovation vate investment flows to infra- that there are still more than has brought the industriali- oration under the G20 frame- slowed.” and infrastructure investment structure construction as well 1 billion people who earn less zation of Africa to the fore- work as they look to achieve when monetary policies are as to the development of small than $1.25 a day. The top pri- front. African countries will long-term growth, according Marco Buti, director-general for economic and financial affairs for the found to be less effective, and medium-sized businesses. ority goal is that all forms of benefit from the G20 plat- to a senior official of the Euro- European Commission according to Buti. There has been much, in poverty must be eradicated form, she said. pean Commission. “These suggestions are in terms of experience, that the by 2030, when there will be “The participation of Marco Buti, director-general “The G20 Summit comes at a been lowered by the Interna- line with what the G20 has two parties could share and no people “whose stomachs more developing countries for economic and financial crucial moment when the glob- tional Monetary Fund to 3.1 been promoting” under Chi- learn from each other, Buti said. are empty”,he said. has strengthened the legiti- affairs for the European Com- al economy’s revival is being percent, which — alongside na’s leadership this year, he In the meantime, both are “With the strong econom- macy of the G20, as the mission, shared his insights slowed, and neither advanced Britain’s decision to leave the said, referring to G20 mem- able to enhance bilateral col- ic push by the Chinese gov- group has long been asked regarding how China and the nor developing economies can EU — adds further uncertain- bers’ commitment to use all laboration on cross-border ini- ernment, we were able to whether only 20 economies EU could lift growth even as exclude themselves from ty both medium- and long- available policies to strength- tiatives such as the Asian achieve the No 1 goal of mil- should represent the world,” they face economic head- downward pressure,” he said. term, Buti said. en growth, promote infra- Infrastructure Investment lennium development. We she said, adding that the G20 winds, in an interview ahead of The annual growth forecast As China strives to switch its structure investment and Bank and the Belt and Road owe a lot to the Chinese gov- should not be a club of the G20 Summit in Hangzhou. for the world economy has economic model from export- better share expertise. Initiative, he added. ernment’s contribution,” he superpowers but a key plat- added. form to benefit all countries The government has made around the world. May reaffirms ‘golden era’ in Sino-UK relationship

By ZHANG YUNBI and observers have ques- whether ties remained as project in Somerset, a county in Hangzhou tioned whether the govern- strong as they were under in England’s southwest, and MO JINGXI in Beijing ments will continue to Cameron. involves a power station strengthen ties. But before Now, the May cabinet “plans designed and built by France’s Before her first visit to Chi- boarding her plane for China to take China-UK ties back to EDF, but with China picking na on Sunday to attend the on Saturday, May told British the heights achieved during up a third of the bill — 18 bil- G20 Summit, Britain’s new media that she will be talking President Xi’s visit to the UK lion pounds ($23.9 billion). Prime Minister Theresa May with President Xi Jinping last year”,Feng said. Shi Yinhong, a professor of reiterated that “this is a golden about “how we can develop Liu Xiaoming, China’s international relations at Ren- era for UK-China relations”. the strategic partnership that ambassador to Britain, said in min University of China, noted Observers immediately not- we have between the UK and a signed article published in that as both China and France ed the significance of the com- China”. Politics First Magazine on Fri- have stakes in the project, ment, which publicly May wasted little time in day that “our strong confi- London “has no other option reinforced the view of the pre- getting down to business after dence in China-UK relations but to further develop its win- vious resident of No 10 Down- her arrival on Sunday morn- remains unchanged”. win, important economic ties ing Street, David Cameron. ing in Hangzhou, Zhejiang About the Xi-May meeting, with Beijing”. After Cameron stepped province, including a quick Theresa May, Britain’s prime Liu said: “I’m convinced that Zhao Junjie, an expert on down earlier this year follow- change of attire. Wearing minister, arrives at the G20 the meeting will set new goals, European studies at the Chi- ing the European Union refer- black as she stepped off the Summit venue on Sunday. map out a new blueprint and nese Academy of Social Scien- endum and was replaced by plane, May appeared in red, XING GUANGLI / XINHUA introduce new dynamism for ces, said there will be no May, she did not immediately matching the carpet, as she the future of China-UK rela- fundamental changes in UK refer in public to a “golden walked to meet Xi and shake tions.” policy toward China, as “it is era”. hands ahead of the summit’s “The signal is evident,” Feng Ahead of her trip, May was important to expand markets China is the UK’s second- afternoon session. said. “The May cabinet is will- also asked about possible outside of Europe after the largest non-European trading Feng Zhongping, vice-presi- ing to maintain close coopera- problems with Beijing over Brexit”, referring to the UK’s partner, while the UK is the dent of the China Institutes of tive ties with China.” her suspension of a partly Chi- voter-approved exit from the largest investment destination Contemporary International Because she had not explic- nese-funded nuclear power European Union. Ban Ki-moon, UN secretary-general, praises China’s effort to in Europe for Chinese busi- Relations, said May’s public itly used the term “golden era”, station deal, but she did not strengthen developing countries’ participation in the G20 at a nesses. reaffirmation of the “golden she may have inadvertently respond directly. Contact the writer at zhang- news conference on Sunday. WANG ZHUANGFEI / CHINA DAILY Some media commentators era” sends a message. played into questions about The Hinkley Point nuclear [email protected] CHINA DAILY Monday, September 5, 2016 5

Fine dining that’s fit for kings Banquet tidbits World leaders were treated to the best of China’s haute cuisine in Hangzhou, a onetime royal playground By PAULINE D LOH [email protected]

Hangzhou has always been the playground for Chinese princes and poets through the centuries. We can now add global politicians to that august list. PHOTOS PROVIDED TO CHINA DAILY On Sunday night, at the G20 Summit welcoming ban- Only the finest china for the G20 quet, Chinese President Xi All dinnerware for official banquets during the G20 Summit was made Jinping hosted world leaders of the best bone china, decorated with iconic Chinese motifs including to dinner at the Xizi Hotel, Hangzhou’s signature scenery and cultural symbols. where Chairman Mao Zedong Hangzhou, the host venue, is well-known for its picturesque West Lake had once stayed and dined. and associated bridges, and the dinnerware’s shape and design reflect It is a mammoth task cater- these. ing to such illustrious guests, The handles on many pieces are shaped to look like bridges, reflecting especially when the chefs have the theme of the summit — bridges connecting an innovative, invigorat- to consider various dietary ed and inclusive world. restrictions but still display the The designs, meanwhile, were inspired by iconic scenes of West Lake best of Hangzhou haute cui- and classic Chinese cultural motifs such as lotus flowers and seedpods. sine. The result is an inventive menu that shows off the inge- nuity and elegance of Chinese kitchen craft. The menu was completely pork-free but still managed to showcase the fish and river produce Hangzhou is known for. First on the table was a varie- ty of little bites meant to tanta- Children wave flags of G20 members before the banquet at the G20 Summit in Hangzhou on Sunday. JOHANNES EISELE / AFP Zhejiang Xizi Hotel — venue lize and build up the appetite. of the State banquet These included flavored pieces The hotel, located by West Lake, of braised beancurd, freshly their slightly resinous flavor, are chefs because of its delicate (960-1279) poet Su Dongpo, Food has always been a uni- allows guests to enjoy the scenery pickled cucumbers and the perfect garnish. balance of aroma and flavor. who was also a governor in versal language cutting across while dining on authentic fillets. No banquet here would be Another West Lake special- Hangzhou and had built the boundaries and barriers. This Hangzhou cuisine. The view The soup was the first indi- complete if Hangzhou’s famous ty took center stage next when causeway across the lake. is a meal worthy of the best Invitations, menus and includes the famous vista of Three cation of what Hangzhou food tea-infused were not the guests were served This dish is usually made international diplomacy and place cards on silk Ponds Mirroring the Moon, one of represents. Seasonal Matsut- included. Longjing or dragon’s stuffed in orange. from pork belly, but last night in choosing Hangzhou cui- Hangzhou, long renowned for the lake’s best-known attractions. ake or pine mushrooms were well is the green tea that grows This features the famous mit- the guests had a beefsteak sine, the organizers have its silk, has made full use of show- Established in 1958, Xizi Hotel floated in a crystal clear con- exclusively in the Hangzhou ten or hairy crab from the instead. The meat is braised in shown off the best of China’s casing the product at the G20 has been graced by many Chinese somme, showcasing the clean hills. The tea grows best with lake. To allow guests to fully the best soy sauce, and slow fine dining. summit. leaders, including Chairman Mao flavors that most characterize water from a well which the enjoy the meat and roe, the cooked to tender perfection. Chinese food is well loved Menus and performance pro- Zedong. It was opened to the pub- Hangzhou cooking. (1644-1911) crabs were shelled and stuffed Of course, guests ended the all over the world and Brazil- grams during the Sunday banquet lic in 1979, and has been the cen- Next on the table was anoth- emperor Qianlong had once into an orange. meal with seasonal fruit, ice ian President Michel Temer, were all made from silk, as were ter of major political events in er signature dish, mandarin fish drunk from, hence its name. This is a dish with much his- cream, and coffee and tea for example, has admitted to place cards for world leaders and Zhejiang province. with pine nuts. The fish is an For the Longjing prawns tory, having originated in the served with classic Chinese being an ardent fan. This official invitations. It is located in the shadow of exhibition of the delicate knife dish, its tender young shoots Song era when oranges were pastries instead of petits fours. time, however, the partici- A silk painting 20 meters long Leifeng Pagoda, another West skills of Hangzhou chefs, and are stir-fried with crisply tex- still a rare treat and Hangzhou Accompanying the meal pants at the G20 Summit have and 6-meter tall also adorned the Lake attraction, and is known for the sauce indicative of the sweet tured river in a mar- had just become the capital of were two special wines, a Bei- sampled the cooking of great banquet hall. It shows the best of its landscaped gardens. The large and sour flavors that are also riage of subtle sweetness. The the Song emperors. jing Dry Red 2012, master chefs of historical West Lake’s many scenic attrac- banquet hall can accommodate characteristic of the region. seemingly simple dish is a test Dongpo Rou is a dish and a Beijing Changyu Dry Hangzhou cuisine, in one of tions and took a team of artists 300 guests. Lightly toasted pine nuts, with for the most accomplished named after Song Dynasty White 2011. China’s most scenic cities. more than 20 days to complete. CHINA DAILY

Ballerinas perform for G20 leaders in Hangzhou on Sunday. HUANG ZHONGZHI / XINHUA Gala: Zhang melds scenery with culture

FROM PAGE 1 friendship, and its inclusion in This story alone could have the program is obviously a hint run the whole evening in vari- a heightened realism thanks at the partnerships being ous art forms. to ingenious lighting and pro- formed by events like this sum- Filmmaker Zhang is the jection. mit. mastermind of many Clair de Lune never achieved The opening numbers, how- renowned stage spectacles, a more shimmering effect than ever, were rooted in local nar- including the opening cere- Sunday night as the reflections ratives. Spring River in the mony of the 2008 Beijing in the water brought out visual Flower Moon Night originated Olympics. parallels with the Claude from a TangDynasty (618-907) The West Lake show had a Debussy music. The classic Chi- poem, which has evolved into subdued grace by his stan- nese piece, High Mountains a staple in music and dance. dards, reaching its climax with and Flowing Waters, is much Picking Tea Leaves is a folk Beethoven’s Ode to Joy, with more about natural scenery. It song and the tale of Butterfly dancers seeming to splash up was a metaphor for ancient Lovers was partly set in waterspouts and finally fire- Chinese literati to denote Hangzhou. works.

Ice cream gift warms Russia-China ties

By AGENCE FRANCE- ment guesthouse in Hangzhou. we eat the ice cream at home,” PRESSE in Hangzhou “I promised to bring it for said Xi, according to com- . And I’ve brought you a ments provided by the Rus- Despite warm relations whole package of ice cream,” sian delegation. between Moscow and Beijing, Putin said. “The fresh cream you have Vladimir Putin brought a chil- Xi thanked the Russian is the best. That’s why your ice ly gift for his Chinese counter- president for his “kindness”, cream is particularly deli- part Xi Jinping as they met on before adding that he’d devel- cious. I like it a lot,” he added. the sidelines of the G20 Sum- oped a taste for Russian ice The two leaders met on the mit Sunday: a tub of ice cream on his many official vis- sidelines of the G20 Summit cream. its to Moscow. and in more traditional diplo- Putin did not divulge the fla- “Every time that I come to matic language pledged vor of the frozen gift as he was Russia, I ask them to buy me “enhanced cooperation”, welcomed by Xi at a govern- Russian ice cream. And after, according to Xi. 6 Monday, September 5, 2016 CHINA DAILY

Those at risk of Australia banking climate damage on free praise agreement trade deal

By AGENCE-FRANCE not enough to meet climate By ZHONG NAN in Hangzhou PRESSE in Paris change goals. [email protected] The Paris pact has so far Climate activists and small been signed by 180 countries, Around A$25 billion ($18.93 nations at risk of global warm- but will only take effect after billion) will be added to the ing’s direst consequences, wel- 55 nations responsible for 55 Australian economy in the comed Saturday’s agreement percent of greenhouse gas next two decades through by Chinese and US leaders on a emissions have ratified it — trade agreements with China, global pact to curb planet- making it binding. Prime Minister Malcolm Turn- harming carbon emissions. Depending on their consti- bull said on Sunday. The agreement by President tutions, for many countries Australia is dedicated to Xi Jinping and US President this means passing domestic implementing the bilateral Barack Obama — representing legislation, but in the US some free trade agreement with Chi- the world’s two largest green- things may be done by execu- na and will continue to wel- house gas emitters — brought tive presidential order. come Chinese investment, the hard-fought agreement, China and the US, jointly Turnbull said at the B20 Sum- concluded in Paris in Decem- responsible for about 38 per- mit in Hangzhou. ber a major step closer to tak- cent of global emissions, rati- “We’ve already gained many ing legal effect. fied the Paris agreement on the dividends from the FTA It is “the strongest signal yet eve of a meeting of G20 leaders Changing hands signed last year,” he said. that what we agreed in Paris, meeting in Hangzhou, China, will soon have the force of law”, where all eyes will now be on Jiang Zengwei (left), chair of the B20 2016, passes the B20 Handover Documents to Ulrich Grillo (center), president of the Federa- said Mattlan Zackhras, minis- other major economies to fol- tion of German Industries, and Gerhard Braun, vice-president of the Confederation of German Employers Organisations. Germany $18.93 ter-in-assistance to the presi- low suit. will take over presidency of the B20 next year. CHEN YEHUA / XINHUA dent of the Republic of the Until Beijing and Washing- billion Marshall Islands, which faces ton joined the club, 24 estimated amount to be added to the threat of climate-change- nations emitting just over one Australian economy in the next induced sea-level rise. percent of global gases had two decades through free trade “With the two biggest emit- officially acceded to the deal agreements signed between ters ready to lead, the transi- to cap global warming at 2 C Australia and China tion to a low emissions, above pre-Industrial Revolu- Xi shows confidence in climate resilient global econo- tion levels. my is now irreversible.” This must be achieved by The B20 provides a plat- The previous international replacing atmosphere-pollut- form for international com- effort to curb reliance on plan- ing fossil fuels with renewable panies and chambers of et-harming fossil fuels, the sources — an ambitious goal commerce to participate in Kyoto Protocol, had excluded toward which most UN global economy at B20 global economic governance, China and other developing nations have already pledged as well as economic and trade nations, while the United emissions curbs. regulation, through meetings States refused to sign up. On current country pledges, Entrepreneurs hail that collect the opinions of “It’s remarkable that in a scientists expect the world to world business leaders and few short years the world’s two warm by3Cormore, and Chinese leader’s make recommendations to leading climate antagonists more drastic measures are speech emphasizing the G20 leaders. have become the world’s two needed to effect a large-scale For the I think It is evi- Turnbull emphasized the leading climate champions,” shift toward wind, solar and broad inclusiveness importance of FTAs, especially said Bob Perciasepe, president other sustainable energies. first time what dent that for developing countries, as he of the Center for Climate and “Now, other countries must By LI XIANG in Hangzhou said trade protectionism and Energy Solutions, a US-based act swiftly to ratify the deal, [email protected] Thailand President China is isolationism will hinder trade think tank. and to reduce their emissions flows and global investment. “The US can no longer claim in line with the Paris Agree- President Xi Jinping’s was invited to the Xi Jinping open-minded in G20 trade ministers have that China’s inaction is an ment’s long-term goals,” said speech at the B20 Summit meeting, which stressed goes in helping to shape a said they are committed to rat- excuse to do nothing, and vice Lo Sze Ping of environmental sent a message of confidence ifying a trade facilitation versa. With both again com- group WWF-China. in the global economy amid shows how China tandem with the win-win and shar- agreement by the end of this mitting themselves to a low “The fight against climate rising risks from sluggish year. carbon future, the two coun- change remains difficult and growth, business leaders links developed Belt and Road ing global economy Research by the Organiza- tries are setting an example urgent, but having heavy-hit- said on Sunday. tions for Economic Coopera- the rest of the world can hard- ters like China and the US on Entrepreneurs and and developing Initiative dating by injecting sus- tion and Development shows ly ignore.” your side is extremely hearten- industry experts who full implementation of the Observers urged others to ing,” said Erik Solheim, from attended the business economies.” backto2013.” tainable impetus.” agreement could cut trade follow suit, while stressing the UN Environment Pro- forum ahead of the G20 costs by more than 10 percent that Saturday’s agreement was gramme. Leaders Summit in Kavi Chongkittavorn, senior Christos Vlachos, managing David Laurier, CEO of AppliTek, for OECD countries and by Hangzhou, Zhejiang prov- fellow at the Institute of Secu- partner at Silky Finance in an environmental analyzer and 12.5 to 17.5 percent globally. ince, lauded Xi’s speech, rity and International Studies Athens and an independent integrated solutions provider in Ning Gaoning, chairman of saying his emphasis on in Thailand financial adviser Belgium the B20’s trade and invest- innovation, coordination ment task force and chairman and inclusiveness helped of Sinochem Group, said more lay out the future direction of self-interest but mutual commitment to deepening lines to the center in global ports, warehouses and logis- of the global economy. benefit. reform and liberalizing the governance,” said Clare tics facilities needed to be built “Countries have been He also called for the low- Chinese economy sends a Pearson, chairman of the to stimulate global trade. eagerly looking for new ering of trade and invest- positive message to domes- China-British Business China and Australia growth engines since the ment barriers to spur tic and international Council. signed an FTA in June last financial crisis in 2008. … growth. enterprises. Other business leaders year. Under the deal, tariffs Xi’s speech offered a pre- Luigi Gambardella, pres- He said China’s proposal were impressed with his on 95 percent of Australian scription to the recovery of ident of ChinaEU, a busi- to expand financing on infra- resolution to promote exports have been lifted, the world economy,” said ness association based in structure projects to improve green and sustainable while obstacles will be Eric Jing, president of Ant Brussels, said China’s com- interconnectivity could growth. removed to allow more Chi- Financial Services Group, mitment to free trade is a bring opportunities for “Xi has been clear about nese businesses to invest in an arm of e-commerce good sign amid a backdrop financial firms, insurers in the environment and sus- the country. Australian visa giant Alibaba Group. of rising protectionism and particular, as insurance capi- tainability,” said Bob Dud- policies have also been If the shoe fits ... “Only by amplifying the trade fragmentation. tal could serve as a stable ley, BP’s group chief relaxed for Chinese visitors. effect of innovation can we Xi also sought to allay source of financing for such executive. China is already Australia’s Brazilian President Michel Temer became a hot topic among Chi- truly restore the growth concerns over a slowing Chi- projects. “He had a great phrase largest export market, with nese netizens on Sunday after he spent 798 yuan ($120) on a pair momentum of the global nese economy, reassuring in Some industry leaders about green mountains and commodities, natural resour- of brown shoes in Zhejiang Intime Department Store, a shopping economy,” he said. his speech that China will said Xi’s speech at the clean waters being better ces and agricultural products mall about 1 kilometer from West Lake. A saleswoman later told In his speech at the open- continue to be the growth B20, and the opening of than gold and silver mines, topping the list of exports. reporters that the Brazilian president “put on the shoes, stamped ing of the B20 Summit on engine of the world and that the G20 Summit in and how it (green growth) is The goods and services trade on the ground for a second, and then bought them”.He also bought Saturday, Xi said the devel- Beijing is capable of main- Hangzhou, were examples important to the develop- between China and Australia a robot dog and shopped at an outlet of an Italian fashion brand opment of the world econo- taining a medium to high of China’s rising influence ment of China.” amounted to A$155.5 billion while at the mall. One female microblogger said on social media: my requires joint efforts growth rate. in global economic gov- last year, growing 2 percent “my habits are just the same as the president—Igototheshop- from all countries, and he John Cai, chief executive ernance. Meng Jing, Zhong Nan and year-on-year, according to the ping mall as soon as I arrive in a new place”. stressed that policies should of insurance firm AIA Chi- “Xi’s speech shows China Chen Mengwei contributed China Council for the Promo- ZHEJIANG INTIME DEPARTMENT STORE / FOR CHINA DAILY not be drafted on the basis na, said the president’s is moving from the side- to this story. tion of International Trade.

Hangzhou summit helps all boost development, Brazilian president says

By XINHUA in Hangzhou impeachment vote. Brazil, Russia, India, China enjoys a very solid foundation other agricultural products. economy at a time when the Temer noted that the G20 is and South Africa — which will and is currently at its best in Temer, who has long served global economy is beset with Newly installed Brazilian a heavyweight international be held in October in India. history, as high-level contacts as the Brazilian chairman of difficulties,” Temer said, add- President Michel Temer said organization, and this year’s International mechanisms have greatly boosted bilateral the China-Brazil High-Level ing that China’s development on Saturday that he has high summit features such subjects like the G20 and BRICS not diplomatic and trade ties. I think this G20 Coordination and Coopera- experience is useful to Brazil. expectations for the G20 Sum- as innovation and climate only help their members “China is one of Brazil’s larg- tion Committee, said the The South American coun- mit and believes it will bring change, which Brazil also strengthen relations but also est trading partners. Though Summit will mechanism made new try is striving to ride out the benefits to all its members. cares about. He said he is full help them boost their respec- geographically far apart, our progress in each of its last four worst recession in its recent He made the remarks in an of positive expectations for the tive development, Temer said. two countries are getting clos- bring benefits to sessions and has laid a solid history. interview with Chinese jour- outcome. The Hangzhou summit er and closer,” the president foundation for bilateral ties. Its economy contracted by nalists before the opening of “I think this G20 Summit involves the largest number of said. all its members, Commenting on China’s 3.8 percent in 2015 and is the summit in Hangzhou, Zhe- will bring benefits to all its developing countries in the Citing a series of coopera- particularly to economy, he noted that the expected to shrink by 3.16 per- jiang province, which will members, particularly to our history of the G20, which will tion deals the two sides signed world’s second-largest econo- cent in 2016. mark his first appearance as country,” he said. help these countries promote on Friday during his stopover our country.” my has registered higher Touching upon Brazil’s head of state at a major inter- He spoke highly of the inte- common development, he in en route to growth rates than many other domestic situation, Temersaid national event. gration and interaction added. He also expressed con- Hangzhou, Temer hailed the Michel Temer, Brazil’s president countries, and the Chinese he is committed to restoring He was sworn in as Brazil’s among G20 members, and fidence in the BRICS frame- bilateral partnership as a par- model has inspired many fol- public confidence and judicial president on Wednesday after also spoke of the upcoming work. adigm for integrated develop- lowers. security, and he pledged to lawmakers ousted his prede- summit of the emerging-mar- On Brazil-China relations, ment of the world economy. continue to open up its market “China sets an example by protect the interests of foreign cessor, Dilma Rousseff, in an ket bloc known as BRICS — Temer said the relationship He said he hopes China will to Brazil’s soybeans, meat and being confident in its own investors. CHINA DAILY Monday, September 5, 2016 7

President Xi Jinping speaks during the opening ceremony of the G20 Leaders Summit in Hangzhou, Zhejiang province, on Sunday. Xi expressed hope that the summit would promote solutions to problems facing the global economy and lead to strong, sustainable, balanced and comprehensive development. FENG YONGBIN / CHINA DAILY ALL EYES ON HANGZHOU SUMMIT

Above: Reporters covering the G20 Summit visit a cross-border e-commerce area in Hangzhou on Saturday. XU YU / XINHUA

Left: Reporters watch a live broadcast of the summit at the media center on Sunday. XU JINGXING / CHINA DAILY

Angel Gurria (left), secretary-general of the Organization for Economic A reporter from Switzerland talks with counterparts from Chinese media Hangzhou residents enjoy the city’s scenery on Wednesday morning ahead Cooperation and Development, talks to reporters at the G20 venue on Saturday. outlets during a tour of an e-commerce area in Hangzhou on Saturday. of the summit. QIU JIANHUA / FOR CHINA DAILY WANG DINGCHANG / XINHUA XU YU / XINHUA 8 Monday, September 5, 2016 CHINA DAILY Fugitives brought to justice

Editor’s note: During the G20 Summit in Hangzhou, anti-corruption cooperation will be an important issue. During the conference, leaders are expected to share their anti-corruption achievements and experiences, and establish an anti-corruption cooperation mechanism. Thanks to joint efforts, 3 major economic fugitives have been apprehended since April last year after Interpol issued red arrest warrants to hunt down 100 major corrupt Chinese officials whohad fled overseas. United Kingdom Chinese mainland Macau Canada

Wu Quanshen Niu Liying Chu Shilin Ba Lianxiao Yang Lihu Chang Zheng Zeng Ziheng Fang Cuiying Chen Yijuan Qiu Bohai Wang Yanwei Dai Xuemin Zhu Zhenyu Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: 28/08/1956 23/01/1951 26/01/1957 12/06/1957 13/07/1962 24/11/1969 15/07/1971 01/05/1965 03/07/1970 28/11/1947 15/09/1956 26/09/1958 24/08/1968 Charges: Money Charges: Charges: Charges: Falsely Charges: Taking Charges: Bribery Charges: Illegally Charges: Charges: Charges: Charges: Charges: Charges: Accepting bribes issuing exclusive advantage of his (giving State making out Misappropriating Embezzlement Embezzlement laundering Corruption Accepting bribes Embezzlement Embezzlement of (non-State official value-added tax government post functionaries invoices for unit funds Status: Returned Status: Dead Status: Returned Status: Returned Status: Returned Status: Arrested public funds personnel) invoices or other to misappropriate, articles of property value-added tax in January in October 2015 Status: Returned in June in June in April 2015 Status: Returned Status: Returned invoices to defraud steal, swindle or in order to seek Status: Returned in February in October 2015 in July 2015 export tax refunds use other illegal illegitimate gain) in August 2015 or to offset taxes means to acquire Status: Returned Status: Sentenced State properties in April to 14 years and six Status: Returned months for in January embezzlement and corruption in July

Saint South Korea Vincent Li Yuanshou and the Date of birth: 24/09/1964 Charges: Positional embezzlement Grenadines Status: Returned in August 2015 Thailand Zhenfang Date of birth: 21/02/1967 Zhang Qingzhao Charges: Embezzlement Date of birth: Status: Died in 2006 21/06/1972 Charges: Corruption Status: Returned United States in February

Huang Yurong Yang Jinjun Zhu Haiping Fu Yaobo Date of birth: Date of birth: Date of birth: 09/04/1951 18/05/1958 07/09/1963 Date of birth: 19/01/1966 Charges: Charges: Charges: Cambodia Accepting bribes Embezzlement Defrauding Charges: Corruption Status: Returned Status: relatively large Guinea Status: Returned in December 2015 Repatriated in amounts of public September 2015 or private money in February Kenya and property Status: Returned Sun Xin in July Date of birth: Pei Jianqiang 04/07/1968 Date of birth: Charges: New Zealand Peru 12/12/1967 Qian Zengde Misappropriation of Yun Jian Zhang Liping Charges: Date of birth: public funds Date of birth: 28/05/1966 Date of birth: 29/05/1951 Embezzlement and 01/08/1963 Status: Sentenced Charges: Accepting bribes Charges: Falsely making out misappropriation Charges: to three years in Status: Returned in July special invoices for VAT crime of funds Accepting bribes October 2015, with a Status: Returned in March Status: Returned Status: Returned reprieve of five years in January in July 2015 for avoiding taxation Extradition treaties Ghana Singapore Australia China has signed extradition treaties with 46 countries with 32 of those in effect. Tang Dongmei Date of birth: 29/09/1959 Charges: Embezzlement Status: Returned in June

Zhao Ruheng Li Huabo Huang Shuimu Han Jianpeng Zhan Zaisheng Zhou Shiqin Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: Date of birth: 19/12/1951 04/10/1964 20/04/1961 08/11/1962 28/04/1972 10/05/1962 Charges: Embezzlement Extradition Charges: Falsely Charges: Charges: Fraud Charges: Charges: Status: Returned in April treaties in issuing exclusive Embezzlement Status: Returned Accepting bribes Commercial fraud value-added tax effect Status: in January Status: Returned Status: Returned Guo Liaowu invoices Repatriated in in February in October 2015 Date of birth: 05/04/1966 Status: Returned May 2015 in November 2015 Charges: Accepting bribes Status: Returned in July

Note: China has signed judicial mutual assistance treaties Eight under one on criminal matters with 59 countries. The Fugitive Repatriation and Asset Recovery Office of the Central Anti-Corruption Coordination Group is responsible for coordinating eight organizations in fugitive repatriation and stolen assets recovery.

Central The Supreme Commission for People’s The Ministry of The Ministry The Supreme The Ministry of The People’s Discipline Procuratorate Public Security of Justice People’s Court Foreign Affairs Bank of China Inspection of Draft judicial Coordinate preliminary Send requests for Draft judicial Promote fugitive Collect information of the Communist interpretations for laws investigations judicial assistance to interpretation or other repatriation and illicit gains transfer by used in procuratorial and evidence collection countries or regions normative judicial stolen assets recovery fugitive corrupt officials, Party of China work for fugitive in China. related to fugitive documents for trials diplomatically and investigate, verify and Coordinate the corrupt officials. related to fugitive politically. analyze the information repatriation and stolen Track down and routine work of assets recovery. repatriation and stolen Participate in and monitor the transfer repatriate fugitive through exchange of different The Ministry of assets recovery. negotiations of related Recover stolen assets corrupt officials. anti-money laundering departments Offer penalty treaties or overseas using special State Security information and under a fugitive Coordinate with suggestions for those agreements with forfeiture proceedings international finance repatriation and Interpol to issue red The ministry is to be repatriated or other departments for illicit gains. information. asset recovery notices; seek responsible for extradited back to concerned. mechanism. Investigate and arrest cooperation with collecting information China according to major corrupt officials related countries. of key fugitive corrupt Chinese laws. who have fled overseas. officials.

Sources: Central Commission for Discipline Inspection of the Communist Party of China and the Ministry of Justice Reporting by ZHANG YAN, Graphics by KYLE ALCOTT / CHINA DAILY CHINA DAILY Monday, September 5, 2016 9

Bridging the gap between skills and employment

Weimin, minister of human mately 25,000 new workers Many workers lack resources and social security, will enter the labor market in expertise required explained that China’s prob- developing countries every lems are twofold: an estimat- day between now and 2020, by key industries, ed 15 million new job seekers while more than 200 million will enter the labor market people globally are unem- says govt minister every year between now and ployed. 2020, and many workers lack Yet at the same time, there is By SU ZHOU the skills required by the expected to be a world short- [email protected] industries that are at the age of some 50 million highly heart of the country’s devel- skilled applicants over the All G20 members face the opment plans. coming decade. challenge of employing lower- He described fresh college To make sure there are skilled workers in a difficult graduates and workers lack- enough skilled workers to economic environment, but ing the necessary skills as match the available job China has taken positive steps the country’s “most pressing vacancies, China has focused to tackle the problem, accord- issue”, which was also the on maintaining a large num- ing to a senior official. “main focus” of the meeting. ber of labor-intensive indus- A student works on an electric motor at the Yongji Advanced Technician School, which has trained 12,000 skilled technicians since At the 2016 G20 Labor and According to the World tries during its economic it was established in 1974. LIU BAOCHENG / FOR CHINA DAILY Employment Ministerial Economic Forum’s Human transformation and Meeting held in July, Yin Capital Report 2016, approxi- upgrades, while at the same business by providing train- time promoting the service ing, consultation and financ- Focus on globalization, aging populations, technical progress industry, Yin said. ing guarantees. Their startup “We are also promoting projects could also provide small- and medium-sized more job opportunities.” The 2016 G20 Labor and potential of this valuable human strong capacities in both theory enterprises, which form the Li Shanxiang, deputy head of Employment Ministerial Meeting, capital, especially of our youth. and practice and meet the largest platform to offer human resources at Linyi Min- held in July, involved in-depth dis- G20 economies welcomed Chi- needs of the labor market. employment,” he said. ing Group in prov- cussions on globalization, tech- na’s leadership in the establish- 3. G20 members were urged to “Such companies could ince, said the company had nological progress and aging ment of the Entrepreneurship adopt well-targeted job creation absorb more than 80 percent signed a contract with Shand- populations, with a particular Research Center on G20 Econo- policy measures based on national of job seekers.” ong Coal Technician College, to focus on the opportunities and mies as a platform to deepen conditions. This had been the first The Chinese government train 100 medium-skilled work- challenges these issues posed to information exchange and time that a whole package of poli- has also launched training ers over the next two years. This the labor markets of G20 econo- extend the sharing of good prac- cy recommendations was pro- projects and an entrepreneur- is part of China’s apprentice mies. The major outcomes of the tices among G20 members in duced on social protection. The ship consulting service to help program to foster job skills meeting were as follows: support of this action plan. meeting adopted Policy Recom- those facing difficulties find- around the country. 1. The G20 Entrepreneurship 2. The G20 Initiative to Pro- mendations to Enhance Employa- ing work, Yin added. “We are very keen to culti- Action Plan was adopted. G20 mote Quality Apprenticeship bility, Sustainable Wage Policy “Through education, we vate our workers into highly- economies agreed to carry out was adopted. G20 economies Principles and Policy Recommen- hope that those in difficulty skilled ones. The new action plans and strengthen committed to offering high-qual- dations for Promoting More Equi- can rely on themselves to apprenticeship model provides efforts to nurture the conditions ity apprenticeships and develop- table and Sustainable Social College students attend an intern opportunity fair held in June at change their situation,” he one teacher for three to five that unleash the entrepreneurial ing workforces that possess Protection Systems. Nanjing University of Aeronautics and Astronautics in Nanjing, said. “We have encouraged apprentices and special train- Jiangsu province. YANG BO / CHINA NEWS SERVICE many people to start their own ing for them,” Li said. 10 Monday, September 5, 2016 CHINA DAILY

EDITORIAL YI FAN Gathering synergy Global cooperation can make a difference for a new type of lobalization was hailed as being seek greater control over cross-border order to take full advantage of trade and the path toward greater shared movements. And the spillovers of investment as two effective engines for world economy G prosperity. Things, however, increasing geopolitical instability have world economic growth. started to change at the turn of added to people’s sense of insecurity and China will offer its experiences, wis- resident Xi Jinping made a crucial this century, and the trend of anti-globali- The summit is also set to prompted them to look inward. dom and solutions to achieve strong, point at the Business 20 Summit on zation has been gaining momentum. However, the bottom line is, like it or balanced, sustainable and inclusive There has been a growing wave of not, we all live in a globalized world. growth. And the G20 Action Plan on the Saturday, when he said that China, as embrace the vision of a anti-globalization, anti-elitism, anti-es- Against such a backdrop, all eyes are now United Nation’s 2030 Agenda for Sus- a beneficiary of the current interna- tablishment and the reemergence of global community with a on the G20 Hangzhou Summit to deliver tainable Development and the G20 Initi- tional order, does not seek to rewrite populist politics in many countries. Brex- some answers. ative on Supporting Industrialization in P the international rulebooks. Instead, it was a blunt rejection of Europe by shared destiny, enhance China has set an ambitious agenda for Africa and Least Developed Countries it wants to refine the existing mecha- those in Britain who complained about the G20 Summit, which has the theme of will be issued, demonstrating a firm nisms to facilitate global win-win cooperation. the influx of foreigners and the lack of economic connectivity “Toward an Innovative, Invigorated, Inter- commitment to ensuring that develop- jobs. A similar story can be seen across connected and Inclusive World Economy”. ing countries are not left behind in His appeal for multilateralism in global govern- the Atlantic with the rise of US Republi- and exchanges ... The summit is focusing on some of the future development. ance explains why Beijing holds the G20 so dear. can presidential candidate Donald most salient, critical and pressing issues The summit is also set to embrace the Some people tend to read Beijing’s enthusiasm Trump, who has clearly won the support facing the world economy, and exploring vision of a global community with a as eagerness for securing its footing on the world of those who complain about job losses, nomic recovery and slow growth are new ways to enhance policy coordination, shared destiny, enhance economic con- stage, or an opportunity to announce its coming of the influx of foreigners and the country’s undermining the case for open markets innovate the growth model and promote nectivity and exchanges among countries age as a global power. waning competitiveness. that globalization rests on; social endeav- more efficient global economic and finan- so as to address inequality and imbalance Beijing never conceals its desire for a greater say And most of the world’s major econo- ors, including poverty reduction, and cial governance. in global development, and ensure that mies, notably advanced ones, are resort- better human rights and labor stan- The summit is set to promote more the benefits of global development are in global governance — and there are plenty of Chi- ing to protectionist measures as the dards, lag behind across the world. effective global economic and financial more equitably shared by people of all na-related misgivings that Beijing can dispel. But, global economic slowdown bites harder. Moreover, the benefits of globalization governance, as, based on the implementa- countries. more importantly, it boils down to its belief that it is The WTO Doha round of negotiations has remain highly concentrated in a few tion of the 2010 quota and governance As the G20 Summit with the largest imperative to invigorate the global economy. long been at an impasse. Both presiden- countries and among the upper echelon reform of the International Monetary participation of the developing world, the Compared with some countries’ opportunist tial candidates in the United States are of society. Fund, the G20 members are working on Hangzhou Summit is anticipated to show approach to the international forum, China instead promising what would be tantamount to At the same time, terrorism and polit- the next round of quota reform with the to the world that global cooperation can a US exit from the global trading system. ical instability are slowing down the glo- aim of realizing it before the annual meet- make a difference and that countries can appreciates the power of synergy in global economic There are a number of underlying balization process. The sense of ing of the IMF in 2017. work together to build a community of governance. causes for the anti-globalization move- insecurity that terrorism provokes and The summit is also set to revitalize sup- shared interests, shared responsibilities The G20 is thus regarded as a more fitting forum ment: insufficient macroeconomic policy the fear that liberal standards are facili- port for trade and investment liberaliza- and shared prosperity. And that is what it for international economic discourse than the G7 coordination among countries has left tating terrorism and that porous bor- tion and facilitation. It will call for is expected to deliver. and United Nations, because the former is too exclu- the existing international economic and ders are allowing terrorists to enter meaningful progress in the Doha round sive and unrepresentative of the broader world, and financial governance system inefficient target countries have caused the US and of WTO negotiations and commitments The author is a Beijing-based observer and ineffective; the sluggish global eco- the members of the European Union to to roll back on protectionist measures, in of international studies. the latter too broad and often unproductive for han- dling the world’s economic woes. One goal of the Hangzhou Summit, according to Xi, is to shift the G20’s focus from crisis response to STEPHEN S. ROACH long-term governance. As this meeting is taking place amid a resurgence of trade and investment protectionism, many doubt World economic growth — still made in China the group’s ability to produce breakthroughs or col- lective policies at this session of the world’s leading developed and developing economies. espite all the hand-wring- ful Chinese Such concerns only make Beijing’s proposals, cen- ing over China’s slower eco- rebalancing tered on an open and inclusive “new type of world D nomic growth, the Chinese scenario has economy remains the single the potential economy”,more valuable for serious deliberation by largest contributor to world GDP to jump-start all parties. Because the disarray of the global econom- growth. For a global economy global demand ic landscape, with each country going its own way or limping along at stall with a new and even resorting to beggar-thy-neighbor approaches, speed — and most like- important source of has announced the failure of unilateralism. ly unable to with- aggregate demand – As an old Chinese saying goes, “to cure a disease, stand a significant a powerful antidote shock without to an otherwise one should treat its root causes; to fix a problem, one toppling into sluggish world. should target its source”. renewed reces- That possibility Beside the global economy’s waning growth sion — that con- should not be momentum and diminishing potential, the problem tribution is all the ignored, as politi- of uneven development is far from being resolved, more important. cal pressures bear and the inadequacies of the existing economic gov- A few numbers bear down on the glob- this out. If Chinese GDP al trade debate. ernance mechanisms and structures have become growth reaches 6.7 percent All in all, increasingly evident. in 2016 — in line with the govern- despite all the Xi urged the G20 leaders to prescribe remedies ment’s official target and only focus on the US, for the sluggish world economy to embark on a slightly above the International Europe, or road of robust, sustainable, balanced and inclusive Monetary Fund’s latest pre- Japan, China growth while addressing the opening of the G20 diction of 6.6 percent – continues to hold China would account the trump card in Summit on Sunday. for 1.2 percentage today’s weakened His proposals ranged from strengthening coordi- points of world GDP global economy. nation in marcoeconomic policies, innovating growth growth. With the While a Chinese patterns, improving global economic governance, IMF currently hard landing and furthering the liberalization and facilitation of expecting only would be disas- trade and investment, to promoting inclusive growth. 3.1 percent trous, a successful global growth rebalancing would Beijing’s prescriptions may sound too good to be exe- this year, Chi- be an unqualified cutable at this point, but not if the G20 members, as Xi na would con- boon. That could well called for, “work with real action with no empty talk”. tribute nearly make the prognosis By formally announcing their commitment to 39 percent of for China the decisive joining last year’s Paris Agreement on climate the total. factor in the global eco- change right before the summit, Beijing and Wash- That share nomic outlook. dwarfs the While the latest monthly ington demonstrated what Xi described as “shared contribution of indicators show China’s econ- ambition and resolve” to address global issues. With other major econ- omy stabilizing at around the 6.7 per- China and the US “leading by example”,as US Presi- omies. For exam- CAI MENG / CHINA DAILY cent growth rate recorded in the first dent Barack Obama put it, rhetoric about broader ple, while the United half of 2016, there can be no mistak- cooperation will be more credible than it would oth- States is widely praised ing the headwinds looming in the erwise be, and not just in emissions control. for a solid recovery, its GDP is percent are offset by nomic “hard landing” for China would second half of the year. In particular, expected to grow by just 2.2 percent in ongoing recessions in Russia, minus have a devastating global impact. Every the possibility of a further downshift Any progress in that direction at the Hangzhou 2016 — enough to contribute just 0.3 1.2 percent and Brazil, minus 3.3 per- decline in Chinese GDP growth of one in private-sector fixed-asset invest- Summit is to be welcomed as it will help to find “a percentage points to overall world GDP cent. Excluding China, BRICS GDP percentage point knocks close to 0.2 ment could exacerbate the ongoing direction and a course” for a more invigorated and growth, or only about one-fourth of the growth is expected to be 3.2 percent in percentage points directly off world pressures associated with deleverag- inclusive world economy. contribution made by China. 2016. GDP; including the spillover effects of ing, persistently weak external The European economy is expected So, no matter how you slice it, China foreign trade, the total global growth demand, and a faltering property to add a mere 0.2 percentage points to remains the world’s major growth impact would be around 0.3 percentage cycle. world growth, and Japan not even 0.1 engine. Yes, the Chinese economy has points. But, unlike the major economies of CONTACT US percentage points. China’s contribution slowed significantly from the 10 percent Defining a Chinese hard landing as a the advanced world, where policy space China Daily to global growth is, in fact, 50 percent average annual growth recorded during halving of the current 6.7 percent is severely constrained, the Chinese 15 Huixin Dongjie Chaoyang, Beijing 100029 News: +86 (0) 10 6491-8366; [email protected] larger than the combined contribution the 1980-2011 period. But even after growth rate, the combined direct and authorities have ample scope for Subscription: +86 400-699-0203; [email protected] of 0.8 percentage points likely to be transitioning to the slower growth of indirect effects of such an outcome accommodative moves that could shore Advertisement: +86 (0) 10 6491-8631; [email protected] made by all of the advanced economies. what the Chinese leadership has would consequently knock about one up economic activity. And, unlike the Phone app: chinadaily.com.cn/iphone Moreover, no developing economy dubbed the new normal, global eco- percentage point off overall global major economies of the developed China Daily USA comes close to China’s contribution to nomic growth remains heavily depend- growth. In such a scenario, there is no world, which constantly struggle with a 1500 Broadway, Suite 2800, New global growth. India’s GDP is expect- ent on China. way the world could avoid another full- trade-off between short-term cyclical York,NY 10036 +1 212 537 8888 ed to grow by 7.4 percent this year, or There are three key implications of a blown recession. pressures and longer-term structural [email protected] 0.8 percentage points faster than Chi- persistent China-centric global growth Finally (and more likely in my view), reforms, China is perfectly capable of China Daily Asia Pacific na. But the Chinese economy dynamic. there are the global impacts of a suc- addressing both sets of challenges China Daily accounts for fully 18 percent of world First, and most obvious, continued cessful rebalancing of the Chinese econ- simultaneously. Room 1818, Hing Wai Centre 7 Tin Wan Praya Road Aberdeen, Hong Kong output (measured on the basis of pur- deceleration of Chinese growth omy. The world stands to benefit greatly To the extent that the Chinese lead- +852 2518 5111 chasing power parity) — more than would have a much greater impact if the components of China’s GDP con- ership is able to maintain such a mul- [email protected] double India’s 7.6 percent share. That on an otherwise weak global econo- tinue to shift from manufacturing-led ti-dimensional policy and reform [email protected] means India’s contribution to global my than would be the case if the exports and investment to services and focus, a weak and still vulnerable China Daily UK GDP growth is likely to be just 0.6 world were growing at something household consumption. global economy can only benefit. The 90 Cannon Street London EC4N 6HA percentage points this year — only closer to its longer-term trend of 3.6 Under those circumstances, Chinese world needs a successful China more +44 (0) 207 398 8270 [email protected] half the boost of 1.2 percentage points percent. Excluding China, world GDP domestic demand has the potential to than ever. China Daily Africa expected from China. growth would be about 1.9 percent in become an increasingly important P.O.Box 27281-00100, Nairobi, Kenya More broadly, China is expected to 2016 — below the 2.5 percent thresh- source of export-led growth for China’s The author is a faculty member at Yale +254 (0) 20 522 3498 (Nairobi) account for fully 73 percent of the total old commonly associated with global major trading partners — provided, of University and a former chairman of [email protected] growth of the BRICS grouping of large recessions. course, that other countries are grant- Morgan Stanley Asia, and author of [email protected] developing economies. The gains in The second implication, related to ed free and open access to rapidly Unbalanced: The Codependency of [email protected] India of 7.4 percent and South Africa 0.1 the first, is that the widely feared eco- expanding Chinese markets. A success- America and China. Project Syndicate CHINA DAILY Monday, September 5, 2016 11

ANDREW SHENG AND XIAO GENG The making of China’s consumer society

hina’s transforma- and may reach 73.8 percent by employment in China) with with the next largest online 10.9 percent. remains. must phase out obsolete sup- tion from a manufac- 2018. the consumer base, such plat- retailer, JD.com, capturing As a result, SOEs, which It is not just China’s large ply chains saddled with over- C turing-driven and China has now overtaken forms erode some of the com- just 5.7 percent. In the busi- have long specialized in single companies that need to capacity, bad debts, and export-led economy the United States to build the petitive advantage of large ness-to-consumer market, Ali- markets or products, have rethink their business models. falling employment, while to one underpinned by servi- world’s largest online retail State-owned enterprises. baba’s Tmall claimed a 58 now begun to recognize that As China’s e-commerce plat- taxing the winners in the ces and domestic consump- market. With a growth rate of Indeed, while the returns percent market share in the they need to retool to com- forms become increasingly e-commerce game. These tion is firmly underway. And some 33 percent, it is also the from China’s internet retail- third quarter of 2015, with pete both in China and in global, they may erode the imperatives are challenging that’s good news not just for fastest-growing such market. ing revolution have been JD.com taking just 22.9 per- global markets. Given that dominance of giant multina- traditional approaches to China, but also for the future And despite growth in inter- highly concentrated, for once cent. In third-party online pay- SOE reform has long been on tionals in international trade. monetary, fiscal, industrial, of the global economy. net use — the number of con- this concentration has not ment services, Alipay held 47.5 China’s agenda, this extra Already in 2015, China’s cross- environmental, and social The 2016-17 edition of the nected Chinese has risen from been in the State sector. percent of the market, while impetus may prove beneficial. border e-commerce amounted policies, while testing the Blue Book of China’s Com- 253 million in 2008 to 688 In online retailing via Tenpay captured 20 percent, But the challenge of deter- to an estimated 5.2 trillion capacity of the bureaucracy mercial Sector by Fung Busi- million last year — there is mobile devices, Alibaba held and UnionPay, the only service mining how to create a level yuan, or 17.6 percent of the and political system. ness Intelligence and the plenty of room for further an 84.2 percent share of the developed by the banking playing field for healthy com- country’s total trade; it may China’s transformation Chinese Academy of Social expansion. market last year, community, had petition and improve capital reach 8 trillion yuan, or 23 per- into a consumer society will Sciences maps the change. This progress reflects inno- allocation in the Internet Era cent of total trade, by next year. have profound implications China’s retail markets vations that enable broad- All of this growth is great for domestic and global sup- reached 30 trillion yuan ($4.6 based consumption news for China; indeed, pliers and distributors of trillion) in 2015, after more without the construc- at a time of slowing goods and services. than a decade of double-digit tion and mainte- performance in At first, it might hurt some growth. Household consump- nance of many tradi- of China’s trading partners, tion has begun to climb, even expensive brick- tional sec- particularly the emerging as the pace of investment has and-mortar out- tors, online economies that have long fallen, and now exceeds 6 per- lets. In fact, retailing depended on Chinese cent of GDP. Though the con- growth in mobile could be an demand for their commodity sumption growth rate has sales has been driven economic exports. The decline in Chi- slowed to 10.7 percent, the by lower-income con- lifesaver. nese imports has already Blue Book projects that Chi- sumers, particularly in rural But it also contributed to a decline in na’s domestic market may areas, where more than 81 represents a commodity prices. Moreover, reach 50 trillion yuan by percent of internet use occurs major chal- foreign importers may find 2020. via mobile devices. lenge for a gov- that Chinese-manufactured A key driver of this trans- One key innovation has ernment that has consumer goods now cater formation has been internet been multi-sided platforms long relied on top-down more to local tastes and pref- technology. Building on heavy like Alibaba, which, by provid- decision-making. erences. investments in public infra- ing access to production, China’s e-commerce revolu- Whatever challenges structure, such as ports, air- logistics, distribution, and tion enables the country’s emerge, the fact is that a pros- ports, roads, railways, and payments, challenge tradi- consumers to decide where to perous China, underpinned by telecommunications, the tional business models – with put their money. They can local consumers, will contrib- internet is now expanding considerable success. In the choose not only what kinds of ute to — and shape — a pros- rapidly the range of choices second quarter of 2016, Aliba- goods and services they deem perous global economy. We available to Chinese consum- ba announced that its revenue worthwhile, but also where to can thank e-commerce for ers, while lowering costs and from China’s retail market live and receive an education. that. accelerating delivery. had increased by 49 percent As a result, they have become As a result, China’s online year-on-year; another a key driver behind the Andrew Sheng is a distin- retail sales have surged in online platform, transformation of the hous- guished fellow of the Asia Glob- recent years, from 6.3 percent , report- ing market, supply chains, al Institute at the University of of total retail sales in 2012 to ed a 52 per- finance, and even monetary Hong Kong and a member of 12.9 percent by 2015. By 2020, cent increase. policy. the UNEP Advisory Council on 40 percent of all retail trans- By con- The task for China’s leaders Sustainable Finance. Xiao actions in China may be con- necting small is to respond more effectively Geng, director of the IFF Insti- ducted online. Online sales and medium- to their citizens’ needs and tute, is a professor at the Uni- via mobile phones have sized enterpris- desires, including by acceler- versity of Hong Kong and a jumped from only 1.5 percent es (which account ating progress on economic fellow at its Asia Global Insti- in 2011 to 55.5 percent in 2015, for 80 percent of LUO JIE / CHINA DAILY reform. Specifically, they tute. Project Syndicate Monday, September 5, 2016 CHINA DAILY

12 ADVERTISEMENT CHINA DAILY Monday, September 5, 2016

VIEWS 13

Q&A Agenda of positive change Summit is crucial for role of G20 China has consulted broadly and thought deeply knows the clear mandates — financial stabil- Editor’s note: Chinese leadership in my assess- importance and ity and economic growth. For during G20 presidency can help ment. I need about issues affecting the world economy, expert says magnitude of financial stability, it can get a tick, rescue group from irrelevance, more study to the group. but on the other it has not done so international governance expert be able to pre- 20 summits are assessed Economic growth, on the other China has well. says. Barry Carin is a senior fellow dict the macroe- on two things: financial hand, is a problem because strong, made important Critics see it as a talking shop, of the Center for International conomic impact stability and economic sustainable growth is still elusive. progress in eco- but it has set in place important Governance Innovation, based in of the mass of growth, which form the This is a pivotal year not only for nomic govern- changes that affect people’s lives, Waterloo, Canada. He held several people who are GG20’s core agenda. the G20 members, but for China as ance. In the G20, especially in the financial sector, senior Canadian government posi- “predictably In terms of financial stability, the well. China has done all the right it has made a lot and in a number of key policies tions and also taught at universi- Barry Carin irrational”. G20 has made significant strides in things early. The leadership has Tristram of progress in a such as tax avoidance, which are ties. He has been a participant and terms of financial regulation, as signaled that the G20 is a key Chi- Sainsbury short time. A lot starting to see some success. close observer of the G7, G8 and What do you expect China to do well as on international taxation nese foreign policy priority. China of people are China this year has invited the G20, including working on China’s and contribute in the years ahead? and reforms of global organiza- has put an emphasis on consulting looking to see largest number of developing coun- G20 presidency and the prepara- Lao Tzu is cited as saying that tions like the International Mone- widely and thinking deeply, and what kind of leadership role will be tries ever to attend G20 activities. tion process for this summit. He “Governing a large country is like tary Fund. developed a broad agenda. seen at the summit. By inviting developing countries, spoke with China Daily on Aug 11. frying a small fish. You spoil it with This is still a work in progress, I expect China will deliver a tech- The G20 group is not a mini you give them a voice, which is a too much poking”. I expect China and we have weathered recent nical agenda of positive, incremen- United Nations. It is large enough good thing. Decisions made by the What is the special significance of to continue to avoid the risks of storms such as the market volatility tal change regarding the medium- to capture a big enough share of G20 will impact on them as well. the G20 in Hangzhou under the aggressive, energetic leadership. this year and the Brexit vote in the term challenges and long-term the global economy, population current global economic situation? The G20 is too large and heteroge- United Kingdom. All these issues economic issues. and trade, but small enough to The author is research fellow and Hangzhou is perhaps the best neous to achieve consensus on are being looked at in a global con- China is already playing that role facilitate agreement on key issues. project director, G20 Studies Centre, hope for rescuing the G20 as a highly complex and controversial text, and we are seeing progress. by presiding over the G20, and it It is informal and has two very Lowy Institute, Australia. respected and effective global issues in the short, one-year G20 steering committee. The G20 risks presidency. Longer term, the best evolving into irrelevance. Its hope would be for China to first record for the last five years has arrange a bilateral agreement with been discouraging. Leadership the US; then subsequently offer will not come from an inward- the EU and perhaps India to join Workers should share global prosperity looking and politically stalemated the agreement. Then the agree- United States or from a European ment can be brought to the G20. Union consumed by Brexit, the By WANG MINGJIE in London and the United States are good Alan Wheatley, keen to see more practical propos- euro crisis and the flood of What do you suggest for the G20 [email protected] examples that too much of nation- associate fellow als as to how that goal could be migrants and refugees. But there in Hangzhou? al economic income goes to the for international achieved. is no alternative to the G20 for One of the constructive contribu- A Hangzhou charter for fair corporate sector, and not enough economics at He does not expect a big depar- effective global crisis manage- tions China can make is to shape growth and responsible capitalism to the labor sector. As a result, Chatham House ture on economic policy in ment or a steering committee. The the future international policy would give the G20 Leaders Summit people don’t have enough spend- Hangzhou, as the G20 “is best suit- only hope is that China, exploiting research agenda by calling for a much-needed sense of purpose, ing power, and therefore the ed to act in an acute crisis, and it its ingenuity, can provide the nec- reports for next year’s G20 summit according to an economist with a demand for investment is sub- has proved itself as a useful forum essary leadership. in Germany from G20 officials, G20 London think tank. dued,” he said. “If you are a factory for an emergency such as the 2008 ministers or from international The summit sees government owner, why would you build a new financial crisis, whereas now what What’s your view of the global organizations. There are many pre- leaders and central bankers from factory if people do not have the we are witnessing is a phase of economy after this G20? cedents for these remits, commis- the world’s largest economies meet money to spend on your prod- that the Chinese government chronic economic status, not life- It appears that what I learned as sioning work with specific terms of to exchange views on economic ucts.” invests less in hard infrastructure threatening.” a PhD economist and taught as a reference. As G20 president, China policy. Wheatley thinks China is doing and more in social infrastructure, Commenting on British Prime professor of economics is all wrong. has the prerogative to make this Alan Wheatley, associate fellow a good job in rebalancing its econ- such as health spending, educa- Minister Theresa May’s presence I believed that if central banks type of request. Two ideas that for international economics at omy toward services and con- tion and social security, so that in Hangzhou, Wheatley said that flooded the world economy with would be in the common interest Chatham House, said one of the sumption instead of investment, people can have the confidence to the G20 could be a great opportu- liquidity — quantitative easing — are to request reports to the Ger- key ingredients to push for a new as the tertiary sector is growing spend more and save less as they nity for May and President Xi Jin- that inflation and hyperinflation man G20 on options for global round of world economic prosperi- while investment is falling, but he grow older. ping to get to know each other and would result. But inflation seems to responses on cyber security (partic- ty is to increase the share of global said the nation can do an even He credits China’s concerted to start the relationship on a posi- be limited to certain asset classes. ularly in reference to international income that goes to workers rather better job by accelerating the efforts to engage in global economic tive footing, and a potential plat- So I am pessimistic. More bubbles finance) and on rules to delineate than to companies. trend. governance, saying the intention is form to signal May’s stance on should burst, with unfortunate con- acceptable research on climate “Countries like Japan, Germany To do that, Wheatley suggested admirable and welcome, but he is China. sequences. But I have no confidence engineering. Monday, September 5, 2016 CHINA DAILY

14 ECONOMY

RENMINBI MICROFINANCE

Global Findex 2014 Financial Inclusion Financial inclusion is critical to reducing poverty and achieving inclusive economic growth. Technology When people can participate in the financial system, they are better able to start and expand No basis seen for businesses, invest in their children’s education, and absorb financial shocks. In 2011 the World Bank launched the Global Findex database, the world’s most comprehensive set of can expand data on how people save, borrow, make payments, and manage risk. The updated 2014 Global Findex database shows great progress in expanding financial inclusion and great long-term drop in opportunities to expand it further. access to There has been significant growth in financial inclusion More adults have an account (with a Account ownership has increased in finance financial institution or mobile money nearly every developing country. service) than three years ago. By WANG YANFEI in Hangzhou Chinese currency 2011 2014 2011 2014 [email protected]

At a time when technology- Worries about large-scale capital outflow can ditions do not support a sharp driven microfinance services depreciation of the renminbi, 51% 62% 41% 54% have become a key strategy to be eased and market expectations adjusted and a one-way depreciation achieve financial inclusion, would not favor the country more efforts to improve the By WANG YANFEI pressure on the renminbi itself,” he said, referring to financial infrastructure are of the world’s of the world’s of adults in develop- of adults in develop- in Hangzhou since May. concerns that the People’s needed, experts say. adult population adult population ing countries had an ing countries had an [email protected] “The economy in the United Bank of China might allow had an account had an account account account “Providing microfinance States has yet to show strong continuous depreciation in services using digital technol- Experts expect the renmin- signs of a recovery following order to boost exports. ogy is quite effective in pro- bi to remain stable against a the slowdown in the first half In the meantime, econo- In developing countries, moving away from cash can significantly moting financial inclusion basket of currencies as there of the year,” said Xie. mists said the renminbi’s offi- increase finacial inclusion when many still have no basic is no long-term basis for Data showed the US’ gross cial inclusion in the access to financial services,” depreciation. domestic product increased International Monetary 420 million unbanked adults receive wages or said Yi Gang, vice-governor of “Despite short-term pres- 1.2 percent in the second quar- Fund’s Special Drawing Rights 420 million government transfer payments in cash. China’s central bank, the Peo- sure due to the prospect of ter compared to the expected this October marks a further ple’s Bank of China, at a high- higher interest rates in the 2.6 percent growth. step in China’s global econom- By shifting transfers and wages digitally into level forum held in Beijing last United States and uncertain- Although other factors such ic emergence and it will fur- accounts, governments can increase the number 160 million month. ties in the global economy, the as the United Kingdom’s exit ther help stabilize the Chinese of adults with an account by up to 160 million. According to a research by renminbi does not face contin- from the European Union currency. the World Bank, 2 billion uous depreciation pressure in could still increase the depre- Xie said that as more central working-age adults world- By paying private sector wages digitally into accounts, the long run,” said Jiang Chao, ciation pressure on the Chi- banks hold more of the Chi- 280 million wide, around 38 percent of the companies can increase the number of adults with an an analyst with Shanghai- nese currency, “it would not nese currency in their foreign account by up to 280 million. global population, have no based Haitong Securities. last for too long,” said Qu exchange reserves, demand bank accounts and are exclud- Jiang said the impact on the Hongbin, chief economist for renminbi assets would rise ed from the mainstream Chinese currency of hikes in with HSBC Holdings. with more capital inflows. Cash payments financial system. US interest rates, which were “The market has calmed “Less worries over capital hinted at last month by Janet compared to the days around outflows would ease market But what really matters is whether people actually use their accounts Yellen, chair of the Board of the referendum,” said Xie. expectations for a continuous 45 percent Governors of the US Federal “And investors have become depreciation of the renminbi,” Account ownership is a first step toward financial inclusion. Reserve, would not be signifi- more accustomed to the ren- he added. of online financial institutions cant, as investors have digest- minbi’s two-way volatility aft- Lian Ping, chief economist In developing countries, account holders use their accounts for a variety of functions. in China shut down by the end ed the news and are aware the er the Chinese government with Bank of Communica- 58% Use their account to directly make of July pace at which the Fed will raise adopted a market-oriented tions, said that the currency is or receive electronic payments interest rates will be slow. exchange rate mechanism.” expected to remain stable as 60 Xie Yaxuan, chief economist “As China becomes more long as the economic funda- 39% Use their account to save million The fast development of at China Merchants Securities integrated into the global mar- mentals remain stable in the Use over Yet 355 million technology-driven financial the Co, echoed this view, saying ket, any out-of-expectation second half of the year, follow- 12% account holders services in recent years sig- that the weaker dollar had one-way fluctuation is unlike- ing pretty good performance Use their account at least 3 times a month counter send or receive nificantly increased the lessened the depreciation ly — the global economic con- last month. services domestic opportunities for people to Financial inclusion helps families remittances in have access to financial servi- weather emergencies cash or over the ces, according to Yi, but the BONDS counter. “lack of oversight and infra- Having a safe place to save money can prevent people from falling structure in the emerging into extreme poverty when disaster strikes. 295 million digital industry has become Use cash one of the key challenges 74% of adults in blocking financial services New issue a landmark for developing countries 56% 74% from reaching people”. can come up with 28% can come up of these adults Yi said that the government with emergency funds are not saving equal to 5% of regulatory bodies need to emergency at a financial 28% of adults in developing Special Drawing Rights average annual enhance their supervision of funds institution countries would use their income in local credit issuance by online savings for emergencies. currency. financial institutions in order By WANG YANFEI end of 1981, a total of 563 mil- investments. Source: Global Findex database, World Bank, Washington, DC. http://www.worldbank.org/globalfindex LI XINLEI / CHINA DAILY to reduce the risks. in Hangzhou lion units (then valued around “Investors could turn to Policymakers across regions $661 million) of SDR bonds SDR-denominated bonds con- have raised concerns about The issuance of bonds had been issued. However, no sidering their advantage in China’s renminbi joins IMF’s Special Drawing Rights basket the risks associated with denominated in Special Draw- SDR-denominated bonds or minimizing currency fluctua- online finance providers. ing Rights for the first time in credit products were issued tion risks,” she said. Chinese renminbi Data from Wangdaizhijia, a US dollar Euro China is a good starting point thereafter, according to the Echoing her statement, Li US dollar 10.92% Euro third party research institu- 49.7% 32.9% for promoting the expansion International Monetary Fund. Chao, chief economist with 41.73% 30.93% tion, shows that by the end of of SDR use among the G20 The change came in 2009 Beijing-based Huatai Securi- July, a total of 1,879 online members, analysts said. after China underlined the ties Co Ltd, said the develop- financial institutions, 45 per- The SDR-denominated need to strengthen the usage ment of the SDR- cent of the total in China, had bonds to be settled in renmin- of the SDR basket, and later denominated bond market in been shut down because of bi, which the World Bank became part of the outcomes China would help rebalance various operational prob- began issuing on Wednesday, of the G20 meetings in Lon- the world monetary system lems. are “a landmark move” for don that year. and increase the appeal of the Japanese yen To better address the chal- China’s bond market and for Analysts believe that the SDR in the future, as more British pound Japanese yen British pound 8.33% lenges of technology-driven 8.09% the SDR as an international issuance of bonds after 35 financial institutions are 12.1% 7.1% microfinance services, China reserve asset, according to years and the future develop- expected to follow the World Source: IMF, as of 11/11/15 LI XINLEI / CHINA DAILY IMF’s Special Drawing Rights Basket as of Oct. 2016 will submit a set of principles World Bank President Jim ment of the SDR-denominat- Bank’s lead and issue such to be reviewed during the G20 Yong Kim. ed bond market in China will bonds. Summit to be held in He said the World Bank’s help promote greater use of In the meantime, more Hangzhou, capital of East Chi- issuance of SDR bonds in Chi- the SDR and meet some of efforts to attract private inves- Bank card na’s Zhejiang province, on na will support the G20’s growing demand for renmin- tors are needed, according to makes life Sunday and Monday. objective of expanding the use bi-denominated assets. Zhao Xueqing, an economist easier With a total of 66 rules and of the SDR, which has been Liang Hong, chief econo- with the Institute of Interna- principles, the top-level listed as one of the G20’s key mist with China Internation- tional Finance, a think tank design, once approved by the financial tasks by the G20 al Capital Corporation, said under the Bank of China. A bank clerk in G20 members, will help build International Financial Archi- such bonds are a new option “Both top-down and bot- Huai’an, East Chi- a more effective system to tecture Working Group. for both domestic and for- tom-up approaches are need- na’s Jiangsu prov- support financial inclusion, SDR-denominated bonds eign investors who are look- ed,” said Zhao. ince, holds up a according to Jim Bromley, first appeared in 1975. By the ing for ways to diversify their She suggested that more new type of bank chief financial officer with participation by government card incorporating the Bill & Melinda Gates backed agencies, liquidity an electronic chip, Foundation. support and eased entry are which was intro- Bromley also said that a M[bYec[jej^[if[YjWYkbWh needed to attract private duced last year. clear definition of the digital investors, while issuers will ZHAO QIRUI/ FOR CHI- financial market is needed ì  8,  ì  ì ì  “have to resolve issues such as NA DAILY and it should be made as invit- pricing schemes and risk ing to new businesses and cus- ㄀ѠकбሞЁ೑೑䰙ⴐ䬰Ϯሩ㾜Ӯ management”. tomers as possible. 0Ç2(2(+)*/

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TURKEY SPECIAL 15 China-Turkey: transformational prospects

By ALI MURAT ERSOY ahead. Our task should be to ish dream”. We share similar strengthen the transforma- visions for the future of our On Aug 4, 1971, the Turkish tional fundamentals of this countries: Turkey has set spe- ambassador in Paris Hasan relationship. cific targets for 2023, which Esat Isik and the Chinese Turkey has the background marks the centenary of the ambassador Huang Zhen, and ability to be a connector, Republic of Turkey, and China signed a protocol establishing a central country, not only in is working to achieve its “Dou- diplomatic relations between the geographical sense but also ble Centennial Goals”. The the two countries. Now, 45 with regard to its diplomacy, main aspirations can be sum- years later, China is Turkey’s economy, history and culture. marized as reaching a higher largest trading partner in the Turkey assumes an active role level of development and wel- Asia Pacifi c and second largest in endeavors to foster mutual fare for larger segments of our in the world. respect and common values societies. Our relations have been ele- among diff erent cultures and As active members of the vated to the level of strategic religions. As an emerging G20, Turkey and China are cooperation. energy hub and a major transit also pursuing a more repre- We are now exchanging country, Turkey also plays an sentative global system. This regular high level visits. Presi- Turkey and important role with respect to should be the century of unity dent Recep Tayyip Erdogan’s global energy and trade secu- and win-win cooperation. “Us State visit to China last year China are also rity. against them” policies will not was a landmark event which China is now a major pow- carry the global community furthered the trust between pursuing a more er, an economic giant which forward. the two countries. is becoming more and more We should also be able to Our foreign ministers have representative active in international aff airs. address the root causes of a solid working relationship, As the Belt and Road Initia- despair, which is a powerful and are keen on having regular global system.” tive demonstrates, it is also feeling overshadowing hope consultations. In addition to an initiator of ideas that can in several parts of the world. the well-designed Joint Work- Ali Murat Ersoy, Turkish serve global development and The G20 is a group that can ing Group mechanism, our ambassador to China enhance connectivity. off er so much in that respect. It foreign ministries held their Both countries represent should also continue to speak fi rst strategic dialogue meeting unique and successful models, on issues like the refugee this year. of the Asian Infrastructure and combining elements of Eastern problem and terrorism. These Soon, we are going to hold Investment Bank and declared and Western cultures without issues are directly linked with the fi rst meeting of the cooper- its strong interest in China’s refusing other traditions. Both sustainable development, sta- ation mechanism at the deputy Belt and Road Initiative. have followed novel paths bility and peace. prime minister level. We will A memorandum of under- toward modernity after devas- Sustainable development support this process with sev- standing was signed in Anta- tating wars and struggles. With cannot be achieved without eral instruments. lya, Turkey, on aligning the these qualifi cations, they can innovative growth. The Chi- Turkey and China also have Belt and Road Initiative with be effi cient partners, off ering nese G20 presidency, among substantial cooperation in Turkey’s Middle Corridor their contributions to tackling other things, has also actively major regional and interna- project. This MOU was not global problems. addressed this issue. We will tional organizations. only about transportation In order to strengthen the also see new ground covered The United Nations is an and logistics, but also creating transformational fundamen- on structural reforms, ensur- essential venue for both coun- connectivity in several fi elds, tals of our bilateral relation- ing global trade growth, deep- tries. Turkey handed over the including people-to-people ship, we have to reinforce it ening the reform of interna- term presidency of the Con- contacts. with new elements. tional financial architecture ference on Interaction and In brief, our bilateral rela- When I was presenting my A Chinese visitor poses for a photo at the booth of Turkey at a tourism expo in Beijing. and addressing environmen- Confi dence-Building Measures tions have been upgraded from credentials to President Xi FENG YONGBIN / CHINA DAILY tal concerns. That is why the in Asia to China in 2014. This those of interested parties to Jinping in 2014, I also had agenda and the achievements was followed by the transfer of those of practical partners. the opportunity to discuss of this G20 will be immensely the G20 presidency to China With the right choices, this the China-Turkey relation- relationship”, which will be will also transform itself into cooperation in technology important. for 2016. relationship can play a signifi - ship. In that conversation, I based on the rich history and a modernized connection and innovation. Last year, Turkey became cant role in enhancing regional underlined my hope for the past experiences between based on more trade, intensi- As China has its “Chinese The author is the Turkish one of the founding members and global stability in the years creation of a “21st century our two countries, but which fi ed economic activities and dream”, we have a “Turk- ambassador to China. Turkish economy’s energy attract foreign investment What they say “We believe 3M’s innovation culture built on 3M Science and By ZHANG ZHAO FDI TO TURKEY, 2009-15 Turkey’s economic dynamism [email protected] 38 is a perfect match. 3M’s global FDI total net (billion $) manufacturing and technological After the 2001 fi nancial cri- legacy, combined with the skills sis, the Turkish economy grew 2009 8.6 and dedicated work of our Turk- steadily thanks to a series of 2010 9 ish employees will continue to important structural reforms 2011 16.2 strengthen 3M and the Turkish that have led to an improved 2012 13.2 economy. We thank ISPAT for its fi nancial system. Turkey “has 2013 12.4 valuable assistance and guidance been aff ected relatively less by throughout our decision and 2014 12.5 the global crisis”, according to investment processes.” 2015 a recent report by the Invest- 16.9 ment Support and Promotion Hak Cheol Shin, executive vice- Agency of Turkey. FDI by sectors president of 3M’s International By the end of 2015, Tur- Operations key ranked 17th in the world 2002-10 2011-15 in terms of GDP purchasing Others Manufacturing power parity, with a 4.4 percent 2% 30% Others “Turkey is a dynamic and promis- 3% average growth rate between Manufacturing ing market, with its young popula- 2010 and 2015, the report said. 18% Services tion and great location. It has a Services 51% Energy The report went on to say 71% 16% strategic importance for Nestle that Turkey’s opportunities and off ers interesting opportuni- are closely related to its assets, Energy ties for us to grow and invest. We such as a robust economy; a 9% are proud to be here for more than favorable geographical loca- 100 years. We are convinced that tion with access to a large FDI by source countries and regions there is still great potential to grow market, including the Euro- Turkish President Recep Tayyip Erdogan (right) and head of ISPAT Arda Ermut (center) meet our business even more.” pean Union and countries representatives of global companies operating in Turkey on Aug 2 in Ankara. PROVIDED TO CHINA DAILY 2002-10 2011-15 with which Turkey has free Felix Allemann, chairman and trade agreements; a skilled Europe Europe managing director of Nestle labor force; a liberal invest- 75% 66% US Turkey 7% ment climate; and incentives US for employment generation in 9% manufacturing, research and Russia “Turkey has great advantages Russia 6% development. Turkey off ers Others such as tax free policy, because of Others 2% “Turkey’s biggest advantage Asia 1% Asia the Customs Union Agreement, 2% MENA and asset is its vantage point very good MENA 2% 6% and also its location, which is very as a geographical location, 10% 14% convenient for transportation to serving as a transit and trans- Europe, Russia, the Middle East opportunities Source: Investment Support and Promotion Agency of Turkey fer hub between the Middle and North Africa. Considering East, Asia and Europe, func- for long-term ZHOU YANG / CHINA DAILY everything, Turkey is very attrac- tioning as a physical bridge,” tive for production and exports.” said Ufku Akaltan, general growth.” manager of international Over the past 14 years, the ers in Turkey is also an impor- Norifumi Fujimoto, president and delivery company UPS’ Turkey Ufku Akaltan, general manager number of foreign companies tant factor for international CEO of Sumitomo Rubber operation. of UPS Turkey A woman walks past a shoe store with a Turkish fl ag in Istanbul. in Turkey has increased from companies when they set up He added that the company ISMAIL FERDOUS / BLOOMBERG 5,600 to 50,000, according to R&D operations. is “happy to invest in Turkey”, the report, with annual direct “The core of the Turkish “We do believe the business and that “Turkey off ers very foreign investment rising from national economic agenda, opportunities in Turkey to be good opportunities for long- 50,000 as automotive, chemicals, elec- From fi rst contact to after- $1.1 billion to $16.9 billion and the key value for inves- promising due to its proximity term growth”. tronics, and information and care services, ISPAT is present over the same period. tors, is a dedicated effort to to Europe, Asia and the Middle On track to reach Turkey’s foreign companies communications technology. at every stage of an invest- Among the notable invest- promote innovation, enhance East, and its population of over 2023 goals, a set of targets As one of the most impor- ment project involving an ment projects realized by competitiveness and encour- 78 million featuring a young and including becoming one of the had invested in Turkey tant topics on the govern- international company in ISPAT in recent years are age investment in global value motivated workforce and high world’s top 10 largest econo- by 2015 ment’s reform agenda, Tur- Turkey. Sumitomo Rubber’s $520 mil- chains,” said Andrew Liveris, education level. We also believe mies, through increasing its key’s investment climate has The investment incentives lion tire factory in Turkey’s chairman and CEO of Dow that Turkey’s sustainable econom- export volume, by the centen- been improving over the past and other support for R&D- Central Anatolian province of Chemical Co. ic development for the medium nial of the foundation of the 14 years. One of the most related activities have drawn Cankiri and Italian pharma- “With a strong, pro-busi- and long term will lead us to many Republic, the Turkish govern- important steps of this reform international investors to ceutical company Recordati’s ness government in Turkey, other investment opportunities.” ment places a great emphasis is the establishment of ISPAT Turkey, not just for manu- production plant in Cerkez- the investment environment on R&D and innovation, which in 2006, which integrated all facturing, but also for the koy. makes sense,” he said. “And it’s Tatsuo Yasunaga, president and form the essence of its com- the foreign investment-related designing and engineering The high availability of also easy to operate, thanks to CEO of Mitsui & Co Ltd. petitive edge in such sectors services into one institution. of new products and services. skilled engineers and manag- the entire team at ISPAT.” Monday, September 5, 2016 CHINA DAILY

16 ECONOMY

ECONOMY Belt and Road Initiative for global benefit

recovered eight years after nated by Western developed growth,” said Zhao Jinping, lation but only 30 percent of tries and international orga- China’s plan is contributing to more efficient global financial crisis erupted countries up to now, is chang- director of the foreign eco- global economy. nizations are participating in global economic and financial governance in 2008, and new drivers of ing, China is obliged to be the nomic relations research “The Belt and Road Initia- the initiative. China has economic growth are urgently representative of developing department of the State Coun- tive is a new international signed cooperation agree- being sought. Great hopes countries in global economic cil’s Development Research economic order on the basis ments with more than 30 By WANG YIQING the key issues being discussed have been put on China, which governance. Center, at a meeting organized of equality, which can enable countries along the routes, [email protected] at the G20 Leaders Summit in has been the most powerful The Belt and Road Initiative by the China Center for Inter- people in less-developed and has launched interna- Hangzhou in East China’s Zhe- engine for global economic has been proposed by China as national Economic Exchanges countries and regions to par- tional industrial capacity The Belt and Road Initia- jiang province. growth in recent times. a means to promote coopera- in August. ticipate and share the fruits of cooperation with more than tive, the Silk Road Economic Chinese President Xi Jinping Despite its slower economic tion to drive global economic G20 members account for globalization,” said Zhang 20 countries. Belt and 21st Century Mari- said at a symposium on the Belt growth, China still contribut- growth and achieve inclusive two-thirds of the global popu- Yansheng, chief researcher of A further goal of the Belt time Silk Road, a new type of and Road on Aug 17 that the ini- ed more than 25 percent of and interconnected develop- lation and 85 percent of the CCIEE. and Road Initiative is to push international cooperation tiative aims to benefit people global economic growth last ment, especially among devel- global economy, while coun- The Belt and Road Initia- forward the United Nation’s mechanism launched by Chi- along the routes and China year. oping countries. tries along the Belt and Road, tive has been widely wel- 2030 Agenda for Sustainable na, is contributing to “more welcomes all parties “taking a Moreover, since the pattern “I hope the G20 summit will which are mainly developing comed and supported by the Development, which is also a efficient global economic and ride” on China’s development. of economic globalization, promote the Belt and Road countries, account for about international community. As highlight of the G20 summit financial governance”, one of The global economy has not which has mainly been domi- Initiative and inclusive 60 percent of the world popu- of now more than 100 coun- this year.

TRADE Proposal a new driver of investment

By WANG YIQING rosier, as global foreign direct third largest investor in the along the routes exceeded $1 [email protected] investment flows grew 38 per- world, and its outward FDI trillion, Wang Yi, China’s for- cent in 2015 according to the rose from $123 billion to $128 eign minister, said on Aug 3. As the world looks to the World Investment Report billion in 2015, according to China’s outbound direct G20 for a prescription against issued by United Nations Con- the UN body. investment in the countries the weak global economic ference on Trade and Develop- The launch of the Belt and joining the initiative has also recovery, the Belt and Road ment in June, that is still lower Road Initiative has been Chi- soared. According to the Initiative has become a new than the figure before the na’s response to the sluggish Financial Times’ cross-border driver of international trade onset of the global financial global economic growth and it investment database fDI Mar- and investment. crisis. is a significant move toward a kets, Chinese investors The World Trade Organiza- Moreover, large-scale FDI more open global economic announced 315 green field tion warned in April that the flew from emerging markets system. investments with a combined outlook for global trade to developed countries. In As the Silk Road Economic value of $75.9 billion in coun- growth will remain sluggish in 2015, the FDI in developed Belt and the 21st Century Mar- tries along the Belt and Road 2016, forecasting that global economies almost doubled to itime Silk Road have started to routes in the 18 months to trade would grow by 2.8 per- $962 billion, while the FDI in progress over the past few June 2016. cent this year, the same as that developing economies only years, regional trade and The recently launched registered last year. This will increased by just 9 percent. investment along the routes Asian Infrastructure Invest- A staff introduces Chinese products to a visitor at 2015 China-ASEAN Expo Thailand Exhibition in be the fifth consecutive year And the United Nations have been remarkably boost- ment Bank and the $40 bil- Bangkok, Thailand, on April 2, 2015. XINHUA that world trade volume has Conference on Trade and ed. lion Silk Road Fund grown by less than 3 percent, Development predicts that The annual growth rates for demonstrate that China is which would be the longest FDI flows will decline by 10-15 trade and investment along also exploring innovations in regional integration to fur- cooperation zones with 17 cial support to the construc- continuous period of weak percent in 2016, considering the Belt and Road have been financing to promote the Belt ther facilitate trade. countries along the Belt and tion of the Belt and Road,” said global trade growth in the past the persistent weakness of the nearly twice as much as the and Road Initiative. And Chi- In a speech in Uzbekistan on Road. Liu Ying, a researcher at the three decades. global economic recovery. global average, and in 2015 the na and countries along the June 22, President Xi Jinping “As the proposer of the Belt Chongyang Institute of Finan- While the picture for invest- China remained the largest bilateral trade volume routes are endeavoring to said China has jointly estab- and Road Initiative, China is cial Studies at Renmin Univer- ment has been somewhat country in goods trade and the between China and countries establish free trade zones and lished 46 overseas economic providing considerable finan- sity of China.”

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;;;@5(...@+3:@'2 CHINA DAILY Monday, September 5, 2016

ECONOMY 17

INITIATIVE INDUSTRIES Infrastructure Cooperation in capacity to reshape helps regional global value chain

By WANG YIQING tional Economic Exchanges. wangyiqing@ The production capacity chinadaily.com.cn cooperation has made integration remarkable achievements in International cooperation a short time. According to Overall investment needed for in production capacity is an China’s National Develop- innovative way to boost the ment and Reform Commis- global economy and reshape sion, bilateral and projects may reach $3.26 trillion the global value chain, and multilateral production there are great opportunities capacity cooperation funds By WANG YIQING and Road Initiative, because it for international production along the Belt and Road [email protected] directly relates to trade costs capacity cooperation with routes, such as the China-Af- and so will influence a region’s the advancement of the Belt rica Production Capacity Infrastructure connectivity trade level. and Road Initiative. Fund and China-Kazakhstan is a focus of both the Belt and The development of many According to United Production Capacity Fund, Road Initiative and the G20 countries along the Belt and Nations Industrial Develop- exceeded $100 billion by July. Leaders Summit because of its Road routes is restricted by ment Organization’s Indus- Several cooperation plat- significance for boosting eco- their underdeveloped infra- trial Development Report forms for production capaci- nomic growth and promoting structure due to geographic 2016, China ranks fifth in the ty and equipment prosperity. factors and their low financing Two Indonesian women pose for a photo in front of a model of China’s high-speed train in Walini, West global Competitive Industri- manufacturing have been In the communiqué issued capacity. That means there is Java province, on Jan 21, 2016 to mark the launch of the Jakarta-Bandung high-speed railway project. al Performance Index. established in Southeast after the G20 Finance Minis- an urgent demand for infra- XINHUA As China is the largest Asian countries such as Indo- ters and Central Bank Gover- structure construction in trade partner of many coun- nesia and Eastern European nors Meeting held in these countries, as well as tre- Belt and Road Initiative” by Thailand railway within the tries along the routes, its pro- countries like Belarus. Chengdu, Sichuan province mendous market potential to Wang Yi, China’s foreign min- Trans-Asia Railway network duction capacity can help International production on July 23-24, a global infra- be tapped by improving the ister, is the demonstration and Jakarta-Bandung high- upgrade the manufacturing capacity cooperation does structure connectivity alli- infrastructure connectivity project of the six economic speed railway in Indonesia industries and improve not mean that China is trans- ance was planned to be along the Belt and Road. Connectivity, link- corridors of the Belt and Road have successively started, and infrastructure in countries ferring its overcapacity to launched to enhance the syn- The Chinese consultancy Initiative and the first mile- a batch of highways in coun- along the routes, especially other countries, instead it is ergy and cooperation among company SWS Research Co. age and interde- stone in the implementation tries along the routes have also developing countries. win-win cooperation based various infrastructure con- estimated in a report on the of the initiative. been launched. A comprehen- At a recent meeting on the on supply and demand and nectivity programs in a holis- Belt and Road Initiative that pendence ... will all “Connectivity, linkage and sive regional traffic integra- Belt and Road Initiative, the optimal allocation of tic way. the overall investment needed interdependence between tion network is gradually President Xi Jinping said resources on a global scale. As the communiqué said, for infrastructure construc- increase through China and Pakistan will all forming shape. that China has launched “Production capacity greater interconnectivity is a tion in core countries along the initiative. increase through the initia- Chu Yin, a researcher on the international production cooperation is not dumping defining demand of the 21st the Belt and Road is about tive,” said Shaukat Aziz, Belt and Road Initiative at the capacity cooperation with of low quality products in century global economy and $3.26 trillion. Shaukat Aziz former prime minister of Paki- University of International more than 20 countries. other countries, but compet- the key to promoting sustaina- “Since the launch of the Belt former prime minister of Pakistan stan, in an exclusive interview Relations, states that there are “Through production itive cooperation,” said Cao ble development and shared and Road Initiative by July with China Daily in July. three major regions for infra- capacity cooperation, China Yuanzheng, former chief prosperity. 2016, the total value of the con- Meanwhile, China’s techno- structure construction along is transferring its advanta- economist of the Bank of A core aim of the Belt and tract projects that China has routes, mainly ports, railways, logical and management the Belt and Road routes, geous industries and tech- China. “For instance, the cost Road Initiative is to achieve signed with countries along highways, airports and tele- advantage in transportation namely Southeast Asia, South- nologies to countries along of the majority of steel prod- connectivity in five aspects, the routes is $279 billion,” said communication networks, infrastructure construction, Central Asia and Africa. the routes, and thus is accel- ucts produced in China is at including policy, infrastruc- Shen Danyang, a Ministry of have been launched recently. especially high-speed rail- “Infrastructure construc- erating the diffusion of tech- the globally average level. ture, trade, financing and peo- Commerce spokesman, at a The China-Pakistan Eco- ways, can effectively meet tion in these areas along the nology and economic These products are not out- ples. media briefing on Aug 17. nomic Corridor, which has demands of the countries routes will be decisive in pro- growth globally,” said Zhang dated and have a competi- Infrastructure connectivity A series of infrastructure been called “the first move- along the routes. moting regional integration,” Yongjun, a researcher at the tive advantage in the is a priority area for the Belt projects in countries along the ment of the symphony of the Construction of the China- Chu said. China Center for Interna- market,” Cao said. Monday, September 5, 2016 CHINA DAILY

18 UK SPECIAL Riding high Alex Hua Tian is proud to be China’s fi rst ever Olympic equestrian, An Baijie reports.

orn in London to a ture evidenced by the names British mother and he gave his horses, the younger a Chinese father in Hua always dreamed of win- October 1989, Alex ning Olympic glory for the HuaB Tian became the most, motherland. and probably only, globally rec- Hua gave up his British cit- ognizable Chinese equestrian izenship in 2006 to join the star in Rio. Chinese Olympics team — he Nearly two meters high, with made this decision without the long curly hair and deep hesitation. black eyes, the mixture of races “Chinese Red is the color of can be clearly seen in his facial my grandfather, and it is also features. Like the archetypal the true color of me,” Hua said. British gentleman, the 26-year- “Participating in the Olympic old is elegant and mild. Games for China is my great- He is the youngest equestri- est pride.” an ever to compete at an Olym- pics, as well as being China’s Equestrian is everything fi rst equestrian Olympian. Hua started his equestrian training at the age of 4 in ‘True color of me’ Beijing. He wanted to take His family moved to Hong time out from his studies at Kong at an early age and then the famous English board- Alex Hua Tian enters the World Top 10 by winning the eighth place in the fi nal Olympic equestrian event in Rio De Janeiro, Brazil, on Aug 9. PHOTOS BY XIA YUANPU / FOR CHINA DAILY to Britain when he was 11. In ing school Eton College, as he spite of this, he loves China, hoped to compete in the 2008 something he inherited from Beijing Olympics. charming Old Etonian has per- his grandfather, and he was Although his parents were severed and he has become an Flying the fl ag proud to represent China at shocked by his idea at first, outstanding ambassador for the Olympics. they eventually decided to sup- his nation and this sport. He, His grandfather, Hua Lon- port his dream. alone, has represented China After his experience in the 2008 Beijing Hua expressed great gratitude to the gyi, is famous in his own right, He told China Daily that at iconic equestrian events Olympics, Alex Hua Tian expressed his support he received from his team, friends and as he was the fi rst fi ghter pilot what he likes most about riding throughout Europe. apologies to those who supported him, saying parents. “There is so much work done by so in the history of People’s Lib- is the partnership that develops “I want to help everyone in “I will be back in the next Olympics”. many people over so many years leading up eration Army air force. between horse and rider. China understand the culture He was a substitute at the 2012 London to an Olympic Games,” he said. “Without this Born in 1925, grandfather “Equestrian sports are best of horses and through this I Olympic Games, but the 26-year-old competed team and their support, I would never have got Hua fl ew his MiG fi ghter jet described as ‘two hearts’,” he believe the sport will grow and again in Rio. to Rio, let alone come eighth in the world.” in the Korean War (1950-53) said. “Once in a competition, Hua says competing for China thrive,” Hua said. This time, he came eighth on his horse Hua once said his lucky number is eight, and and was praised as a “Hero although my horse was tired, in the Olympics has been his Under his influence, the Don Geniro, scoring 63.60 points in the fi nal this year he is 26 years old. of the Sky” by China’s for- when I asked him to jump, “greatest pride”. equestrian industry has grown of the Olympic equestrian event on Aug 9 in “Because every accomplishment of mine mer Mao he still responded by digging to be the third largest leisure Rio De Janeiro, Brazil, and made a historic becomes whole country’s progress, I am quite Zedong. deep because he trusted me. pursuit among well-to-do peo- breakthrough in this event for China. proud of what I achieved,” he said. Alex Hua Tian gave his This to me is the defi nition of right to become the youngest ple in China since the Olym- Personally, Hua was satisfi ed with his He gained a huge amount of confi dence and horses famous Chinese names, ‘two hearts’ and is what all rid- ever Olympics event rider. pics in Beijing. ranking. “I am absolutely thrilled with my belief from his experience in Rio. such as Wu Song (an ancient ers want to achieve with their He rose through the world performance,” he said. “Very proud of Don ”I now know that I can hold my own against Chinese hero who was famous horses.” rankings to be 21 in only four Contact the writer at and very excited to fl y the Chinese fl ag at the the best in the world. Now I can dream of an for killing a tiger without using Although as a host nation months. [email protected] top level of a sport in which I am China’s fi rst Olympic equestrian medal for my motherland any weapons), and Monkey competitor, he only needed to During the Beijing Olympics representative.” one day down the line.” King, the hero in the classic achieve a minimum standard Equestrian Games, Hua was Chen Meiling and Zhang “I came to Rio dreaming of a top 20 place. I Journey to the West. In addi- to qualify for the Beijing Olym- eliminated after falling at one Yaozhong contributed to this did not let myself think of top 10,” he said. AN BAIJIE tion to his love of Chinese cul- pics, Hua qualifi ed in his own of the fences. However, this story. CHINA DAILY Monday, September 5, 2016

UK SPECIAL 19 A key role awaits in time of initiative

Chinese links can open doors in Asia for British companies

By CHRIS PETERSON in London [email protected]

China is eager that its presi- dency of the G20, with its Left: New UK Prime Minister Theresa May. NEIL HALL / REUTERS summit in Hangzhou, focuses Right: The UK Ambassador to Beijing Barbara Woodward. on economic issues, and that FENG YONGBIN / CHINA DAILY inevitably brings to the fore- The production line at The London Taxi Company in Coventry, central England, acquired by Geely. DARREN STAPLES / REUTERS front President Xi Jinping’s giving British businesses a Chinese official circles over Belt and Road Initiative. But is wide range of opportunities, Britain’s commitment to such there a role for Britain in the particularly if they struck up major plans. ambitious plan to reinforce the partnerships with Chinese May is believed to have links between Asia and Europe counterparts. stressed in the letter that she Carmakers hit top gear for R&D road by road and sea? “UK business is poised to wants to strengthen the UK’s On a map, the sea and land play an integral part in deliv- “cooperation with China on By CECILY LIU in London duction chains in China. with FAW to develop batter- UK can off er for new energy routes all end up on the Euro- ering the global and economic trade and business, and on [email protected]. “China is a global leader ies that will be safer and last cars include technologies in pean mainland, in ports such growth and connectivity it global issues”. com in investing in cutting-edge longer after charging. motors, batteries, electrical as Venice or Rotterdam. So envisages,” she said. Wang told reporters he technology in hybrid and elec- The battery is the most control and charging. what’s in it for Britain? The CBBC said: “UK compa- believed Britain would con- Chinese automotive compa- tric vehicles, and its eff ort in important and most expensive This expertise has been The China-Britain Business nies can play an important role tinue to have an open policy nies are expanding research promoting electric vehicles is part of an electric car, account- passed on to Chinese compa- Council and a variety of ana- by supporting the connectivity toward China. and development partner- particularly impressive given ing for more than half the car’s nies who have acquired UK lysts certainly think the UK of China and beyond, thereby Under the Belt and Road ships in the United Kingdom, that research in these vehicles cost, he said. automotive companies. will have a role, pointing to the contributing to continued Initiative, there are countless leveraging Britain’s strength may not generate immediate Chris Gerada, a profes- After Geely acquired The country being the fi rst West- strong economic growth in opportunities for UK compa- in science and innovation to financial benefits,” said Yan sor of electrical machines at London Taxi Company, it com- ern power to join the China- China, while simultaneously nies, in collaboration with Chi- make more effi cient, low car- Yuying, of the University of the University of Notting- missioned a new plant near backed Asian Infrastructure benefi ting from new commer- nese businesses, to get involved bon vehicles. Nottingham. ham, is working with China’s Coventry, with an investment Investment Bank, which will cial opportunities.” in projects in Southeast Asia, Key examples include Yan is leading a group of Chang’an Automotive to of 250 million pounds ($365 be a key provider of finance All that will have been at the South Asia, East Africa, Europe Shanghai’s SAIC, Hangzhou’s researchers at the university in develop energy-effi cient and million), to prepare the next for various projects along the back of new UK Prime Minis- and the Middle East. Geely and Jiangsu’s Red Sun R&D work with FAW Group to cheaper cost-motors for elec- generation of electric and route. ter Theresa May’s mind when The success of G20 means Group, all of which have devel- explore innovation in hybrid tric and hybrid cars. ultra-low emission London Last year, when the UK she wrote a letter to President a lot to China. A success- oped R&D centers in the UK and electrical vehicles. “We are developing a new black cabs. joined the AIIB, Wang Yiwei, Xi Jinping, which was deliv- ful event will signify a major after acquiring local compa- “Pure electric cars are really type of motor that can be Li Shufu, founder and chair- director of the European ered recently into the hands of confi rmation of the country’s nies. a trend of the future,” Yan said. accessible to ordinary people,” man of Geely, said the new Studies Centre, hailed it as a Foreign Minister Wang Yi. ability to wield its economic In addition, Changchun- “Although much of the tech- he said. factory is an example of Geely move whose “courage, guts Many commentators here power. Very much integral to based FAW Group and nology is still not completely One reason for those R&D using its UK resources to pro- and vision” left a deep impres- see the letter as part of a charm that is a desire to sort out the Chongqing-based Chang’an available, a few places like the activities is China’s strong pol- duce “an environmentally sion on the rest of the world offensive to repair the dam- uncertainties surrounding its Automotive are working with US, Europe and Japan are try- icy push for environmentally friendly next generation elec- because it had defi ed US pres- age done by Britain’s appar- relationship with Britain, one UK academics in research ing to devise major electric friendly vehicles. tric and ultra-low emission sure. ently abrupt decision to delay of its oldest trading partners. into low carbon vehicle devel- cars, and China is one of the Lin Ruochen, of the Chi- London black cab that can The UK’s Ambassador to approval of a China-backed Whatever it takes, Beijing opment, which can then be leading countries.” nese Ministry of Commerce, be a world-beater in export Beijing, Barbara Woodward, nuclear project that seems to and London are already work- incorporated into their pro- Yan said his team is working said that the unique areas the markets.” saw the Chinese initiative as have caused some unease in ing out a solution.

Greka mines rich seam of opportunity for Chinese clean energy industry

By ZHANG ZHAO cooperation between Chinese [email protected] and foreign engineers. The local Chinese engi- For 20 years, Greka Group neers are known as “skilled, has been involved in China’s advanced and as knowledge- drive towards clean energy. In able as any of the foreign a recent interview with China experts who are trained in Daily, its chairman and CEO the technology”, he said. Randeep S. Grewal said he has The company has inte- been “excited” by “the coun- grated itself into local com- try’s tremendous strides in munities by employing what development over the past two Randeep S. Grewal, CEO, he calls “local local people” decades.” Greka Group or residents of nearby villag- “We have been fortunate es, which the company has the government trusted us to The company spent nearly trained and then hired. “It’s develop coal-bed methane as 10 years developing a drill- great for them and us ... it is a clean source of gas,” he said. ing solution called LiFaBriC their backyard.” As a world leader in CBM (Lined Faulted Brittle Coals), Additionally, Greka has development through its Lon- an adaptation of the hori- developed an integrated don-listed subsidiary Green zontal drilling methods tra- industry chain in China, Dragon Gas, Greka now oper- ditionally used for drilling extending from exploration, ates eight CBM blocks across in coal seam reservoirs. It drilling and gas production China, covering nearly 7,600 involves advanced direction- to gas transportation and square kilometers. Initially, the al drilling and geo-steering sales. company found China to be a techniques, which enable it to Due to the company’s sub- challenge due to its complex drill through multiple faults stantial investment in the geology, which makes drilling with a single well. Seam expo- ground, technology and local and extraction using conven- sure is therefore maximized people, it is only now begin- tional methods more diffi cult. and access to gas is increased. ning to see a return. Grewal Because of these diffi culties, The technique is also safer is determined to continue what started as a commercial and more environmentally its investment program as project grew into a “science friendly, producing a clean “throughout all these years, project”, said Grewal, but he water by-product as no chem- I have seen consistent, favor- added “we take our commit- icals are used; no fracking is able and supportive govern- ment to providing domestic involved, and it is more cost ment policies, which have clean energy for China very eff ective in the long term. given me confi dence in con- seriously”. “It has taken considerable tinuing the development of “It doesn’t matter how com- time and capital, but it has this form of clean energy in plicated it became,” he said, “we been very successful,” said China”. were committed to doing our job Grewal, adding that the tech- China’s 13th Five-Year and dug in to fi nd a solution.” nology is the result of close Plan (2016-20) calls for an optimized energy structure, and Grewal said he supports the government’s policy on increasing the gas, renewable and nuclear components in the country’s energy blend. “In China, the government has been focused on diver- sifying the energy mix,” he said. “It is a diffi cult exercise when you have an abundance of coal and have historically had to import everything else, so it will take time.” “Clearly the government has not just made policies, but also successfully imple- mented them,” he added. “It A Greka employee operates an automatic pipe handling system at is our job to support China’s the GSS coalbed methane well in Shanxi province. ambition to increase the con- PHOTOS PROVIDED TO CHINA DAILY sumption of clean energy.” Monday, September 5, 2016 CHINA DAILY 20 UK SPECIAL Manchester University gets top marks from Chinese students

By ZHUAN TI [email protected]

The University of Manchester has recently climbed six places in the Shanghai Jiao Tong annual global ranking of universities, cementing its place as one of the world’s best higher education institutions. Manchester Business School’s China Centre was established in 2008 as part of one of the oldest business schools in the United Kingdom. The latest data for Manchester shows that 94 percent of its UK, full-time, first degree graduates were working or doing further study six months after graduation, Students from Manchester Business School pose outside Manchester City’s while 82 percent were in graduate- home ground. KARL FLORCZAK / FOR CHINA DAILY level jobs or study. Volunteers from Sino-British College demonstrate how to make tree leaf “paintings” to their students in Qugou In addition, 92 percent of gradu- township, Huaibei in Anhui province. WAN SHANCHAO / FOR CHINA DAILY ates reported that they felt the uni- versity had prepared them well for further study, and 85 percent felt that it had prepared them well for future employment. Since its establishment, when These partnerships MBS became one of the fi rst over- demonstrate our College sets vision seas institutions offering triple- accredited (EQUIS, AMBA, ACCSB) long-term commit- MBA programs in China, MBS Chi- na Centre has made some remark- ment in China and able achievements. In line with the university’s inter- The University of Manchester’s the ability to success- for a bright future national strategy, the China Centre, China Centre in Shanghai. along with the business school’s PROVIDED TO CHINA DAILY fully bridge Chinese SBC will continue to expand its international profi le tional recruitment to develop and four other international centers (in strengthen its reputation as a multi- Dubai, Singapore, Hong Kong and MBS continues to attract inter- and British educa- and encourage graduates to be good global citizens cultural international college, which Sao Paulo), is preparing to deliver a national students and since 2008, tion.” is the long-term aim, Wilson said. wider range of programs; appoint it has recruited more than 1,000 By TANG ZHIHAO “Our Chinese students can benefi t an executive education off er and students from 30 diff erent coun- [email protected] from and contribute to a really mul- supporting alumni; increase its tries and regions to study the global Sherry Fu, the center’s founding ticultural international environment, business engagement activity; and part-time MBA at the China Centre. director Sino-British College, which cel- one that would facilitate their transi- strengthen its international student Most of the center’s students are ebrated its fi rst 10 years on Sept 3, tion if they subsequently study in the recruitment. With this in mind, the Chinese, while about 30 percent are is looking to give its students much UK or anywhere else in the world,” center is set to become The Univer- expats who work or live in China. more than an excellent academic Wilson said. sity of Manchester China Centre MBS has partnerships with fully bridge Chinese and British education. The same is true in reverse: SBC, later this year. Shanghai’s Tongji University, education,” said Sherry Fu, the The college, situated in the center where courses are conducted entire- The center will welcome Profes- Shanghai Jiao Tong University and founding director of the Centre. As of Shanghai and established in 2006 ly in English, is an ideal platform sor Dame Nancy Rothwell, presi- Renmin University of China in Bei- a result, in three consecutive years as a joint venture of the University of for foreign students to obtain a UK dent and vice-chancellor of the Uni- jing. from 2013, MBS China Centre was Shanghai for Science and Technology degree in the context of China. versity of Manchester to offi cially “These partnerships demon- named by Sina Education as the and nine United Kingdom universi- “I think anyone should want to launch the name-change ceremony strate our long-term commitment “most influential MBA brand in ties, plans to focus on developing the spend some time in China, to under- in September. in China and the ability to success- China”. themes of responsible leadership, stand a little bit more about the cul- enterprise and innovation and cul- ture, and understand the challenges tural empathy, according to Profes- and the aspirations of China as an sor John Wilson, principal and chief economy because it is such a crucial executive offi cer of the college. player in the world,” Wilson said. “All those things supplement Professor John Wilson, principal The college’s high standards were whatever degrees someone might be and CEO of SBC, presents the Top recognized by the UK’s Quality doing, either in business or engineer- Performance Graduate award to You Assurance Agency in 2013 when it ing,” Wilson said. Jiamin at the school’s 2016 awards was included as a case study and According to Wilson, character ceremony. LIN ZUHONG / FOR CHINA DAILY an example of best practice in set- development is as important as an ting and maintaining academic stan- academic education. dards in transnational education. “Students need the right attitude, role of education — what might the Last year, SBC’s 4+0 and 2+1+1 the right mindset and the right attri- last 10 years tell us about the next pathways, which respectively allow butes that can get them through life, 10 years?” to discuss the notion of students to study in Shanghai for and for which employers are look- developing good citizens. four years and in the UK for one year, ing. So we cover those things as they had 98 percent of its graduates pro- are extremely important. It is not Future development ceed to study for higher degrees or just about achieving academic stan- The Shanghai-based British edu- enter graduate level employment. dards,” he said. cation service provider plans to SBC’s overall employment rate for The college became a signatory strengthen its role in China’s modern the two pathways has consistently to the United Nations initiative of education system by providing more exceeded 96 percent over the past Principles for Responsible Man- programs, recruiting more interna- decade, according to Wilson. Many agement Education in March this tional students and enhancing edu- of its graduates have gone on to work year to highlight the importance of cation quality. for leading global businesses such as responsible leadership. PRME pro- It is looking to diversify its under- Standard Chartered Bank, PwC and vides a global network for academic graduate portfolio and establish Accenture. institutions to advance corporate a postgraduate portfolio to meet Looking forward, SBC aims to be sustainability and social responsibil- students’ demands in the next few renowned as an international hub ity, and an engagement framework years. It also aspires to collaborate and center of excellence, attracting for the incorporation of universal with USST and UK partners to off er students and faculty from all over the values into curricula and research. postgraduate research degrees, for world, with a reputation for develop- SBC will host a conference from Oct instance, M Phil and PhD programs. ing socially responsible and innova- 27-28 themed “Responsible lead- SBC will continue to expand its tive leaders capable of operating in ership, global citizenship and the international profile and interna- diff erent cultures. CHINA DAILY Monday, September 5, 2016

ITALY SPECIAL 21 Fashion and culture draw Modern initiative evokes memories of glorious past

By CHRIS PETERSON in London Chinese tourists to Italy [email protected]

Certain words have an emotional trigger to them, which, although hard Major cities off er plethora to understand, can often become real- ity. of shopping options, and a When I was a kid I loved stories that contained the words caravanserai, Silk healthy dose of romance Road, Marco Polo, Cathay, spices and tea clippers. For me, those words trig- By WANG MINGJIE in London gered a feeling of adventure that has [email protected] never really left me. I live near the east London suburb Italy has long been a favored European of Greenwich, where the majestically destination for Chinese tourists, lured by its preserved tea clipper, the Cutty Sark, is rich history, unique culture, high-end fash- a constant reminder of the 19th century ion and availability of luxury brands. races between her and her great rival, Former residence of Marco Polo in Venice. Driven by the 2015 Milan World Expo, the Thermopylae, to bring tea from the XU NIZHI / XINHUA the number of Chinese travelers to Italy Cathay coast, Cathay being an old Eng- reached its zenith last year, with 3.3 million lish alternate name for China. arrivals, a 45 percent increase from the year Which is why I regard President Xi then non-existent before, making China now the fourth most Jinping’s strategy of developing a mari- in Europe. important inbound market for Italy, after time and overland route linking China So what will the Germany, the United States and France, Overview of Trevi, an ancient town in Umbria, Italy. PHOTOS PROVIDED TO CHINA DAILY with Europe as a masterly move. modern day ver- according to the Italian National Institute It’s sure to be at the heart of discus- sion of the Silk of Statistics. where they can expe- sons that attracted me to visit the country.” sions at the G20 Leaders Summit in Road generate? Countries such as Italy off er what Chinese rience slow tourism In 2014, Chinese tourists spent 468 million Hangzhou, a kind of route map, liter- Well, whatever tourists are looking for, said Alastair Mor- and come into con- euros ($569 million) in Italy, according to the ally, for future trade between East and it is, if it comes by rison, former president of the International tact with untouched Bank of Italy. In a bid to further strengthen West. sea it will be car- Tourism Studies Association and CEO of nature. We need to economic ties between the two countries, It could have been given a dull, work- ried from China Belle Tourism International Consulting. He enrich our proposal that year the Italian government signed a aday name which would have no doubt Marco Polo on state-of-the- cites as examples “art and culture of historic of special and thrill- bilateral police cooperation agreement with described the daunting infrastructure art container cities like Rome and Florence; romantic des- ing experiences that China, the fi rst of its kind between China projects involved, but Belt and Road ships calling at tinations such as Venice and Verona; fashion can spark the inter- and a European country. Initiative is perfect, evoking visions Hanoi, Kolkata, Kenya, Suez, Athens and luxury shopping in Milan.” est of this clientele,” So, a small group of Chinese police offi cers of trade along sea, rail and road links. and then, ironically, Venice. He suggested the country capitalize on Alastair Morrison, she said. Rossi con- patrolled the streets of Rome and Milan this Marco Polo, that extraordinary Ven- Venice is no longer a city state, hav- the fame and recognition factor of Marco CEO of Belle Tourism tends that the new May alongside their Italian counterparts. ice-born traveler, trader and adventur- ing been swallowed up into modern- Polo in China. International tourist product such Following the recent terrorist attacks in er, looms large in any discussion about day Italy by the statesman Giuseppe Morrison’s view is echoed by Raffaella Consulting as the Pilgrims’ France, Belgium and Germany, Chinese tour trade with China. Garibaldi by the mid-19th century after Rossi, director of Francesco’s Ways, a con- Paths responds to operators and Italian host companies have What has to be remembered is that 1,000 years of independence. sortium of businesses whose objective is the the needs of tour- seen a sudden surge in the number of Chi- Polo, born in 1254, was a native of that But its maritime heritage lives on, international promotion and marketing of a ists, including Chinese travelers, because it nese people traveling to Italy in the past peculiarly European invention, the city and although China’s Cosco conglom- new Italian tourist product — the Pilgrims’ off ers a large variety of experiences through months, said Wolfgang Arlt, director of Chi- state, which generated an absurd num- erate has anchored one end of the Belt Paths — saying “the ‘Italy’ product corre- places that are not well known to the general na Outbound Tourism Research Institute. ber of explorers and adventurers. He and Road project with its purchase of sponds perfectly to the curiosity and desire public. But Arlt added: “Memories are short, there was active at a time when Europe knew the important Greek port of Piraeus, for discovery typical of Chinese tourists.” Cao Bo, 56, from Hangzhou, China, who have been terrorist attacks on trains and sub- virtually nothing about the almost mys- most maps show Venice as the ultimate However, she believes Italy as a country visited Italy in 2014 with her daughter, said: way in Spain and London, nobody remem- tical Celestial Empire to the east. sea destination. is diverse and its heritage is not limited to “I have always been fascinated by Italy, a bers anymore. I think travelers will come to Thanks to Polo, the book, The Travels The overland route takes a diff erent the beauty of its landscape or its artistic and country infused with culture, history and the conclusion that some risk is everywhere, of Marco Polo, gave Europe a fi rst peek trajectory, heading from Xi’an through historical wealth. romance. The St Peter’s Basilica, the Colos- so it does not matter where they travel.” into China and its vast resources. Urumqi, Almaty, Tehran, Istanbul, Mos- “We must introduce tourists coming from seum, the Vatican Museums, the water-sur- To deeply tap into the Chinese market, He also noted the everyday details cow and fi nally Rotterdam in the Neth- China to our great food and wine, numerous rounded city Venice, and the scene of Audrey however, Rossi believes the biggest challeng- of life in China, including noodles, the erlands. crafts and shopping areas, as well as the small Hepburn sampling ice cream in the movie es are unquestionably the creation of a more use of chopsticks, and a subject that So thanks to China, a whole new towns in diff erent regions, romantic places Roman Holiday, many of which are the rea- appealing product for the Chinese market. fascinated him, the use of paper money, breathtaking vision has opened up. Monday, September 5, 2016 CHINA DAILY 22 ITALY SPECIAL Mutual interests helping ChemChina’s bold maneuver pushes Pirelli up the rankings Sino-Italian ties to thrive BY CECILY LIU Iconic Italian tire maker Pirelli is making big inroads Important fi rms in both into China thanks to its acquisition by Chinese con- nations see growing glomerate ChemChina last year in a 7.1 billion euro ($7.7 potential for collaboration billion) deal. Together with Aeolus Tyre By CECILY LIU in London Co Ltd, a subsidiary of Chem- [email protected] China specializing in indus- trial tires, Pirelli is developing China and Italy’s business relation- more advanced technology A factory worker checks a tire at the Pirelli & C. SpA factory in ships are thriving, as Italy’s innovation and increasing its scale of Jining, Shandong province. KEITH BEDFORD / BLOOMBERG and advanced technologies help China production. to move up the value chain, while Chi- “We want to develop tech- na’s large market and commercializa- nology with Aeolus that will tion expertise fuel the growth of Italian create great savings for indus- companies. trial fl eets and have a better Since the two countries established dip- environmental impact,” said lomatic relations in 1970, business links Marco Tronchetti Provera, rapidly grew. Last year, bilateral trade Italian businessmen talk during this year’s China (Shanghai) International Technology chairman and CEO of Pirelli. totaled $42.8 billion, according to Chinese Fair in April. PROVIDED TO CHINA DAILY Pirelli was already the 10th government statistics. largest industrial tire produc- Important Chinese businesses with manufacturer entered the Chinese mar- er globally. The new capacity operations in Italy are numerous, includ- $42.8b ket in 2005 by establishing a joint venture from Aeolus means the com- ing Bank of China, ChemChina, the Chi- with Chinese conveyor belt manufacturer bined production is now the nese rating agency Dagong, telecommu- value of bilateral trade between China and Yanhe Group. In 2011, Pirelli extended fi fth-largest in the world. nications company and genomics Italy last year it into a modern industrial hub, signifi - The collaboration between research company BGI. Similarly, Italian cantly increasing its capacity. Pirelli and ChemChina is a A model poses at the Pirelli stand at the 2016 Geneva Motor Show fashion, luxury brands, medical and food in research and already processed more A significant development occurred good example of Chinese out- in Switzerland. HAROLD CUNNINGHAM / GETTY IMAGES companies are selling more products to than 900 research samples in eff orts to last year when it was acquired by Chem- bound acquisitions creating Chinese consumers and tourists. understand more about serious disorders, China, in a 7.1 billion euro deal. Together synergies, combining West- gain from a much vaster net- very high pull-through eff ect Cesare Romiti, president of the Italy and how to identify them and treat them. with Aeolus Tyre Co Ltd, a subsidiary ern technical knowhow with work and entry into the truck on replacement, which means China Foundation, said bilateral compat- Yu Cong, chief operating offi cer of BGI of ChemChina specializing in industrial China’s production capabili- tire market,” he said. people who buy cars already ibility in agrofood, environmental tech- Europe, said such work in Italy is a good tires, Pirelli said it aims to develop more ties. Pirelli expanded into China fi tted with Pirelli tend to buy nologies and healthcare industries have example of how “our local collaboration advanced technology and increase the Michael Wenderoth, an initially in 2005 by establish- the same brand when replac- made collaboration especially prominent. has resulted in the sharing of expertise scale of production. associate professor in mar- ing a joint venture with the ing the fi rst set. Chinese telecommunications company and in turn globally relevant benefi ts for “We want to develop technology with keting at IE Business School Chinese conveyor belt manu- According to Pirelli, its Huawei has a strong presence in Italy, our business”. Aeolus that will create great savings for in Spain, said the “bold move” facturer, Yanhe Group. tires in China already have a providing telecom networks and technol- Zhejiang-based conglomerate Heng- industrial fl eets and have a better envi- means ChemChina gets glob- Today, the China plant has percentage share of the pre- ogy to Italian operators, including Voda- dian is another company that has estab- ronmental impact,” said Marco Tronchetti al leading technology, along become a signifi cant part of mium car tire replacement fone and Telecom Italia. Huawei also pro- lished a presence in Italy. It sells to Italy Provera, chairman and CEO of Pirelli. with brand and marketing Pirelli’s business. The com- market that is in the “high vides internal communications services to a wide range of products, including light- There will be much more collaboration expertise, and Pirelli gets pany employs about 4,000 teens”, and the market share many Italian companies, including Poste ing, magnets, motors, speakers, pharma- between the two countries, including in better sales and distribution workers in Asia, with most is even higher in the super- Italiane and Trenitalia. ceutical and chemicals, and new materi- fashion, infant goods, household goods, access, particularly in the in China. premium market, defi ned as In medical research, the Chinese als. food and selected automotive supply, said truck tire market in China. Over the years, Pirelli’s tires 18 inches and above. The genomics organization BGI partners Airaldo Piva, managing director of Michael Wenderoth, associate professor “ChemChina will learn how position in China has signifi - company also has more than more than 10 Italian universities and hos- Hengdian Europe, said its presence in of marketing at IE Business School in a Western company utilizes cantly strengthened, thanks 3,000 points of sale in China. pitals for genetics research, including the Italy serves to create a solid partnership Spain. branding and savvy market- to its partnerships with pre- Pirelli has a production University of Ferrara, Paediatric Hospital with Italian and European companies He said those areas have potential for ing to understand end cus- mium car brands such as capacity globally of more than Bambino Gesu and University of Padova. through mergers and acquisitions. Chinese outbound acquisitions. There will tomers and sell value, which BMW Mini, Mercedes, Volvo, 6 million industrial tires, and BGI and its Italian partners have jointly Pirelli is a key example of how Italian also be opportunities to boost Chinese they can apply to the truck Audi, Jaguar and Land Rover. ChemChina has 10 million in invested 1.24 million euros ($1.38 million) companies have grown in China. The tire tourists and students heading to Italy. tire market; while Pirelli will These partnerships have a China.

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ITALY SPECIAL 23 Trade ties deepen relations

Support system helps businesses make the most of increasing commerce opportunities Chamber of commerce By ZHUAN TI Young Italians living in China promotes [email protected] and the CICC. exchanges Taking China 2025 as an The China-Italy Chamber example, says Sergio Bertasi, of Commerce, the only asso- Italian companies can provide Headquartered in Beijing ciation of Italian companies automated, sustainable and since 1991 and celebrating formally recognized by both tailored solutions for the Chi- its 25th anniversary this the Chinese and Italian gov- nese market, making savings year, the CICC gathers ernments, is busy promoting in energy and operation costs, together almost 600 Italian Italian cutting-edge technolo- leveraging product quality, and companies based in China. gies and representing Italian opening skilled positions for It has four liaison offi ces lifestyle, according to Sergio blue-collar workers. in Chongqing, , Bertasi, the chamber’s chair- He continued: “There is a Shanghai and Suzhou. man. growing number of Chinese The chamber’s mission In 2015, exports of Italian Free Independent Travelers is to assist member goods to China reached 10.42 and according to TripAdvi- companies, to promote billion euros ($11.64 billion) sor’s latest published data, Made in Italy, and to and imports of Chinese goods Italy ranked ninth among the lobby for the business to Italy hit 28.15 billion euros, countries visited by Chinese interests of its members according to the chamber. FITs on their last outbound - by coordinating with other Unfortunately for Italy, the bal- sure trip. Shopping and a more Italian institutions in China ance was very much in the neg- holistic holiday experience are to implement a joint, ative and things do not appear highlighted as their main rea- Italian Minister of Foreign Aff airs and International Cooperation national agenda of goals to be improving. In May 2016, sons for traveling. Therefore, Paolo Gentiloni meets with Chinese Foreign Minister Wang Yi during and activities. exports to China were down within the hospitality and his visit to Beijing last year. WANG JING / FOR CHINA DAILY Every year, the chamber 2.9 percent and imports from tourism industries, sentiments organizes more than 100 China were up 0.2 percent year- are sanguine and more Italian events to raise awareness on-year. companies are upgrading their when a new business contact the above-mentioned indus- about Italy and Italian “Although the trade balance services to meet Chinese trav- is developed, this is pooled tries are hot sectors in China, companies among is suff ering from huge exports elers’ expectations and needs.” within the working group and according to the 13th Five-Year Chinese businesses from China, and China is per- To better represent the inter- that information then becomes Plan (2016-2020). and consumers. These ceived as a difficult market ests and coordinate activities part of the store of industry The importance of connec- events include seminars, for Italy, the overall sentiment within an industry, the CICC knowledge within the cham- tivity and integration were webinars, workshops, within the Italian business has been recently emphasizing ber. highlighted by Italian Minister net-workings, business community is positive,” said the role of its working groups. To date, CICC has eight of Foreign Aff airs and Interna- matchmakings, Bertasi. “Italy has many fine Primarily, a working group working groups. Six of them tional Cooperation Paolo Gen- delegations of Chinese goods and best practices to is a working method. The prin- were generated by industry tiloni during his latest visit to buyers attending share with China, and China ciple is to group companies and two other working groups China last year, on the occasion exhibitions in Italy, galas, has many opportunities to off er active in the same or comple- were set up through the loca- of the 45th anniversary of the food festivals and business Italian companies.” mentary industry or located tion of the companies. establishment of Sino-Italian awards. In a nutshell, this is what was in the same area to promote A few more working groups, diplomatic relations. The 600 members discussed and agreed on last information sharing and such as aerospace and avia- With a view toward 2020, represent all industries. June in Shanghai, during the implement common activities. tion, architecture and design, the 50th anniversary of those Machinery is the largest; second meeting of leading Ital- This helps them make the best and fashion are on the way. relations and the completion pharmaceuticals, green ian institutions in China and use of available resources and In those industries, Italy is the of the 13th Five-Year Plan, technology and service more than 100 Italian entre- maximize business opportuni- cradle of very innovative small Gentiloni launched the Road providers are growing; preneurs and professionals ties for all. and medium-sized enterprises to 50 slogan and encouraged design, fashion and food working in the country. The From the chamber’s perspec- and is recognized worldwide cooperation and dialogue at all brands are a must and institutions included the Ital- tive, cooperating with a work- for having popularized beau- levels — commercial, cultural, enjoy a solid presence. ian embassy, the Italian Trade ing group is a more eff ective ty and creativity as elements touristic, scientifi c — between CHINA DAILY Commission, the Association of working method. For instance, of daily life. As well, all of Italy and China. CHINA DAILY Monday, September 5, 2016 24 JILIN SPECIAL

Left: People have fun and run through bubbles at a national forest park in Changchun, Jilin. PROVIDED TO CHINA DAILY Right: A boy of the Korean ethnic group dances in traditional costumes. SYED AHSAN / FOR CHINA DAILY THE COOL DELIGHTS OF CHINA’S SUMMER GETAWAY

By LIU MINGTAI landmark and a national 5A scenic tourism destination. The people and the environment.” [email protected] highest peak in the range reaches 2,691 meters and is covered The massive forests and rich black soil of Jilin have not only by white rocks and thick throughout the year. Overlook- nurtured many wild animals, but also developed its unique cul- ummer in China can be brutal. Between July and Sep- ing the border with the Democratic People’s Republic of Korea, tural heritage and habitat. Jilin is home to 1.2 million people of tember, most of China is swept by unbearable heat that the majestic mountains off er a fascinating landscape of forest, the Korean ethnic group. With the largest Korean ethnic group can bake cookie dough if you leave it in a car parked in volcano vents and wetlands. inhabiting, Jilin off ers tourists a cultural treat of Korean art, S the midday sun. When the temperature is soaring and “Jilin province is a fascinating place,” said Bayin Chaolu, the customs and architecture. backpackers are trapped in air-conditioned rooms desperately Party secretary of Jilin. “We are proud of our vast grassland in Jilin is also an ideal destination for outdoor sports enthusi- planning their journey to Siberia, a province in North China the west, our splendid mountains in the east and our fertilized asts throughout the year. In autumn, it provides sightseeing off ers the perfect alternative — Jilin, China’s summer getaway. farmland in the center.” walking routes and rural experiences for city escapists. It also Surrounded by China’s most iconic ecological reserves — Thanks to the government’s ecological eff orts, traces of a has China’s top snow sports centers. In 2015, Sohu Sports, the Changbai Mountains in the east, Songliao Plain in the wide variety of rare animals can now be found in Jilin’s nation- China’s sports information portal, listed Changbai Snowboard center and the vast prairie in the west — summer in Jilin al reserves, such as sika deer, Siberian tigers and red-crowned Center as the best in China. rarely exceeds 22 C, winning this province the title of Sum- crane. These stunning sights have made Jilin a popular spot Many tourists also visit Jilin as an outbound transit point mer of 22 C. for wildlife photographers. from which they can easily travel to the DPRK, the Republic Its rich farmland known as “black soil”, pollution-free air “We will have to work on sustainable development,” said of Korea and Russia. and mountain forests attract many foreign and domestic tour- Bayin Chaolu. “Our aim is to create a virtuous cycle of inter- ists each year. The Changbai Mountains are Jilin’s must-see action between the economy and the ecology, and between Ren Xiaojin contributed to this story

International dancers perform in a forest music festival in Jilin province. TINGTING / FOR CHINA DAILY

Left: Wetlands and marshes provide favorable living conditions for wild life in Dunhua city, Jilin province. WU YONGWEN / FOR CHINA DAILY Center: International competitor takes part in an off -road bicyle competition in Changchun, Jilin. WU TING / FOR CHINA DAILY Right: The Tianchi Lake perches on the top of the Changbai Mountains. SUN ZHI / FOR CHINA DAILY CHINA DAILY Monday, September 5, 2016

LIFE 25

THEATER PLACES OF INTEREST Delving into the history of fans and umbrellas

By RAYMOND ZHOU

A recent visit to the China Fans Museum and the China Umbrellas Museum ignited a spark in me about the nature of these two traditional hand- held items. Fans are to keep one cool and umbrellas to prevent one from getting wet. But parasols usually pro- vide shelter from the sun rather than the rain. Ancient Chinese scroll paintings too depict fans as being used for the same pur- This kind of long-handled Student production of William Shakespeare’s play A Midsummer Night’s Dream. As amateur productions go, the Gongshang Shakespeare shows are quite professional. pose. fans were popular with royal- BEI YU / FOR CHINA DAILY In my hometown, less than ties of ancient China. an hour’s drive from RAYMOND ZHOU / CHINA DAILY Hangzhou, the words for fan and umbrella are similar. The two museums, situat- cutes a brilliant fight scene ed in Hangzhou’s Grand with a black umbrella. Canal Plaza, are home to a Talk about cultural cross- Bringing Shakespeare treasure-trove of history and pollination. tidbits about the two items In Hong Kong movies, even that many take for granted. the fan can be a lethal weap- I learned at the museum on. that foldable fans came from In the old days there were Japan — though this is dis- many workshops and manu- from page to stage puted by some scholars — facturers in Hangzhou and its while the flat fan went the vicinity that specialized in the other way. two items. Teacher gives students unique hands-on experience with Bard’s works As for the collapsible When I was a child, every umbrella, the earliest referen- household had at least one ces are from AD 21 when oilpaper umbrella. By RAYMOND ZHOU experience of working onstage portive and usually ends up Wang Mang, a Western Han However, in the 1980s when raymondzhou@ — or offstage for that matter, as footing part of the bill. Dynasty (206 BC-AD 24) offi- the umbrella with a retracta- chinadaily.com.cn the students also take on mis- For the 2012 show, the cial who seized the throne, ble pole crossed the Taiwan cellaneous jobs. school paid 10,000 yuan out of had one designed for a cere- Straits, it was such a hot item e Yue had her first He Yue, who majored in the total 14,000 yuan. The monial four-wheeled carriage. of fashion and convenience exposure to Shake- English, has been a fan of the 2013 performance was cov- But one need not visit a that it quickly replaced the speare in the late theater all her life. While a ered by the Hong Kong orga- museum to know that fans older type of umbrella. 1980s, when she visiting scholar at New York’s nizer. The 2014 gala cost and umbrellas are much I was even commissioned Hstumbled across a complete Columbia University, she 33,000 yuan and the school more than functional items. to buy two dozen umbrellas edition owned by an expatri- started to dip her toes into the paid the bulk, 30,000 yuan. During the Southern Song when I returned from one ate teacher. theatrical waters, so to speak. Justifying the financial sup- Dynasty (1127-1279), when Guangzhou trip. I then felt as Curious, she borrowed it. She happened to be in Edin- port, Chai Gaiying, dean of the Hangzhou was the nation’s if I was trafficking a symbol of The language was a bit diffi- burgh when the world famous Foreign Languages College, capital, fans were a popular gift innovation. cult for her to understand, but theater festival got into full says: “Our goal is to raise the item among the literati, who Three decades later, that she managed to digest the gen- swing, which exposed her to cultural level of the students, would inscribe lines of verses kind of umbrella is so cheap eral plot lines, which she He Yue (right) guides students in their rehearsal. snippets of Shakespeare put and to promote great culture on them — very much like and commonplace while the found fascinating. WU YINGLI / FOR CHINA DAILY on by college students. So, she through the course of inter- modern-day poets who share oilpaper one has almost That little seed has blos- believed her students could preting some of these works. limericks on social media. become a heritage item. somed into a leafy canopy. pull off a similar feat. We want our students to not While the fan dance is a Likewise, the fan has not For several years now, the ments, will grace the stage, sentations have turned into The biggest challenge in only become professionals, staple all across China, the been totally replaced by pow- Zhejiang Gongshang Universi- come October. wildly popular galas — tickets doing a gala-style show is the but to attain a global vision umbrella is sometimes used er-driven amenities. There is ty teacher has directed stu- Curtis Evans, an American are gone within minutes. Very rehearsal time, she says. The and cultural sophistication.” in martial arts movies, the something about a fan that dents in productions of the who had been teaching at often, additional seats have to students all have different While many of China’s latest example being the opens to a drawing and callig- Bard’s works that are nothing Gongshang for around seven be added and even the aisles schedules and the best she can schools of higher learning very British film Kingsman: raphy. It can never be short of astounding for ama- years and who was one of the get occupied. hope for is one rehearsal day have theater clubs, only a few The Secret Service, in which matched by the electric fan or teur players. And they do it in jurors for the 2012 and 2014 Speaking of how the stage on a weekend. Most of the big consistently present the Bard. Colin Firth’s character exe- the air conditioner. the original English language performances, says the performances help the stu- shows that become the talk of And He says that her school to boot. English level of some of the dents, Qian Xiaoxia, a fellow the town are prepared at could be the only one in the In 2012, she presented a students can match that of ESL teacher who has encour- either the beginning or the Chinese mainland that night of nine Shakespeare professionals. aged her students to use He’s end of a summer vacation, devotes a course to both learn- selections; the next year saw He Yue teaches English and class as a means to hone their “but even then students have ing Shakespeare’s texts and the school’s King Lear high- American Theater as a univer- language skills, says: “Many of other tasks such as intern- presenting them on stage. light winning the best actor sity-level elective course and the students had not spoken up ships that may intrude on “You have to have many award and the audience award Shakespeare as another elect- in class before they took part in rehearsals.” things lined up for it to hap- in a Hong Kong competition; ive at the university’s Foreign this theatrical experience.” As amateur productions go, pen,” she says. For one thing, it 2014 brought a lavish produc- Languages College. The per- Many of those who partici- the Gongshang Shakespeare is a full-time job to coach stu- tion of five Shakespeare selec- formances are part of the lat- pate in the productions have shows are quite professional, dents. tions interspersed with ter course, with every student since gone on to professional and require a substantial While most teachers of her classical musicals. A complete participating in at least five jobs or further studies overseas. investment in costumes, props rank are probably busy work- version of Romeo and Juliet Shakespeare segments. They One even got admission into and makeup. He Yue puts in ing on the Chinese equivalent was produced early this year are graded on this at the end of New York University to major her own money, usually in five of tenure, she says she is happy In the old days there were many workshops and manufacturers and another “best of Shake- the semester. But what are in theater direction. Many say digits for a production, but she to see her students on stage in Hangzhou and its vicinity that specialized in making speare” night, with six seg- essentially semester-end pre- they benefited from the unique says the school has been sup- unleashing their potential. umbrellas. RAYMOND ZHOU / CHINA DAILY

PARTY TIME Nightly feasts of sights and sounds for visitors looking for thrills

By RAYMOND ZHOU Romance seems to have more have been running since 2007. and SHI XIAOFENG high-tech pizzazz. Being an open-air show, it is This Gold Coast For example, the rain on subject to the vagaries of A night on the town in production has stage is atmospherically mir- Mother Nature, but the lake is Hangzhou presents a rich rored by a mist in the audience part of the show. array of options. You can go been serving — moist enough to feel but not And unlike the other two partying at one of the trendy 400,000 viewers too wet to cause discomfort. shows, it does away with the clubs or you can savor a A ticket for the show includes narrative elements, contain- moment of Zen tranquility at annually since it a tour of the park, which is quite ing instead snippets from vari- one of the traditionally deco- opened in 2005. compressed by Chinese stan- ous tales, but mostly rated teahouses. The easiest dards but offers a wealth of projecting a dreamy aura and choice, though, is to act like a family entertainment. an “impressionistic” tableau typical tourist and take in one Meanwhile, besides a sec- that defines the city as a favor- of the long-running shows ond park in Hangzhou, across ite hangout for lovebirds, past that combine Las Vegas-style the Qiantang River, Song- and present. glitz with local legends and Night of West Lake is a famous indoor show in Hangzhou, as equally famous as Impression West Lake cheng has in recent years If you saw the opening cere- folklore. and Romance of the Song Dynasty. PROVIDED TO CHINA DAILY expanded to other tourist cit- mony of the 2008 Beijing Night of West Lake is staged ies like Sanya in Hainan prov- Olympics, you know what you at the centrally located Dong- ince, Lijiang in Yunnan are in for. po Theater, which is a few and the Butterfly Lovers grace has been serving 400,000 Romance of the Song Dynas- whopping 15 shows a day. province and Jiuzhaigou in But Impression West Lake is minutes’ walk from the lake. the stage, as expected. You viewers annually since it ty, which originated 20 years In terms of content, the Sichuan province, with similar “restrained” by Zhang’s stan- Dongpo, also known as Su Shi, don’t need to read up on histo- opened in 2005. ago from an open-air perform- show treads the same ground one-hour extravaganzas, but dards. the Song Dynasty (960-1279) ry to understand what’s hap- The company is preparing ance, has been wowing capaci- as Night of West Lake, with with local stories. After all, the lake is the pro- poet and one-time Hangzhou pening on stage if locals have another show more in the ty audiences to the tune of 7 the epic battles by the Yue Separately, famed film tagonist and, as the old Chi- governor, does not make an been eagerly recounting the style of the Vegas O Show by million spectators a year, with warriors as well as the two director Zhang Yimou was nese saying goes: It doesn’t appearance in the revue. stories since you first arrived Cirque du Soleil, targeting a two large venues side by side star-crossed couples. But the hired to produce a local edi- matter if the makeup is heavy But other notables such as in the city. different clientele, at West in the Songcheng theme park. same script has spawned dif- tion of his “Impression” series or not, she is simply a beauty Yue Fei, Madame White Snake This Gold Coast production Lake Cultural Square. At its busiest, it runs a ferent treatments and of open-air spectacles, which beyond compare. Monday, September 5, 2016 CHINA DAILY

26 LIFE

SCENIC SPOT Finding the best way to Qiandao Lake

talk of commercial diving. As Bigger than the average depth of the 573- sq-km lake is 34 meters, there West Lake, this are technical challenges that have to be resolved before waterfront is a those without diving experi- ence can go that deep and see new tourist the city as it was in 1959. But probably the best way to get a panoramic view of the magnet lake is to cycle around it. Local authorities have By RAYMOND ZHOU spent 1.5 billion yuan to build raymondzhou@ a 150-km bicycle lane, which chinadaily.com.cn could well be the world’s most beautiful route of its kind. ow do you While automobiles have a approach Qiandao tunnel, bikers can still stick Lake? Let me count close to the water’s edge. the ways. There are even special HIf you were a bird, you could bridges for bikes only. fly to every one of the 1,078 The brave can go up 658 islands. meters to a peak near Dashu Actually you can descend on Town. more than 2,000 of them Bicycle rental stations are because the small isles with a all over the city and the rates few rocks and plants are not 1990s did not go anywhere. Brother Dong, the coach are low. counted as islands. Longshan Island is another who grew up in a local village, Near the downtown area is That’s why Canada’s Thou- vista point and there is a bell will even share his knowledge a pedestrian path. It traverses sand Islands nominally has tower at the peak accessible of the place with you. parks, piers, farmers’ markets, 1,864 islands but using the by climbing 500 steps. You can also camp on one outdoor restaurants and same definition of “island” Closer to the water level is a of the atolls or swim in the many popular hangouts. Qiandao (which literally temple dedicated to Hai Rui waters. Qiandao Lake is fast means thousand islands) (1514-1587), a local county Unlike most Chinese natu- becoming a major attraction comes out ahead. magistrate who gained fame ral attractions, Qiandao Lake as a resort. You can also approximate a for his honesty and integrity. does not come with a wealth It is already a daunting task bird’s-eye view by taking a The Moonlight Island is five of folk tales, as it is a man- to book a hotel room for a helicopter or glider, but you islets strung together with made lake dammed in 1959 weekend. may not parachute to every bridges, with one theme for for a hydroelectric station. And by 2018 when a high- one of the isles. each of them. Many towns and villages speed rail line is opened, it will If you are a first-time tour- It is a favorite location for were submerged as a result, take only 1.5 hours to get there ist, you will probably take a creating mock adventures and including two county-level from Shanghai and 45 min- boat tour, which will take you later taking wedding photos towns. utes from Hangzhou — the to a few of the most popular after you have won the girl’s In 2001, divers were sent central part of Hangzhou destinations. heart with your show of cour- down to explore the ruins and because Qiandao Lake falls Meifengguan has the high- age. they were amazed that many within Hangzhou’s jurisdic- est peak, which will enable If you want to touch the relics of the 1,800-year towns, tion. you to view an archipelago of water or linger in the shade of including the city wall and If you think the West Lake several isles that seem to form an isle, kayaking is an ideal some wood carvings, were is not big enough, try Qiandao the Chinese character for choice. still intact. (They might not Lake, which is 108 times the “public”, gong. No wonder the Lakers Kayaking Club have survived the cultural rev- size of West Lake and holds half-hearted attempt to priva- offers training, racing and From top: An archipelago of several isles forms the Chinese character for “public”; the best way to get a panoram- olution above water.) 3,000 times its volume of tize some of the islands in the everything in between. ic view of Qiandao Lake is to cycle around it. PHOTOS BY HUANG SHANJIAN AND QIU GUOQIANG / FOR CHINA DAILY Since then there has been water. CHINA DAILY Monday, September 5, 2016

LIFE 27

GREEN TREASURE Botanical garden — a colorful treat With 3 million visitors drawn each year to this facility, this place is more than just picture-book landscapes

By MIKE PETERS where they are becoming have spouted new shoots in [email protected] much larger. appealing forms. Other collections are native keep running into Rich- ‘Silent poem’ plants, and rare to endangered ard Nixon in the most The garden is much more plants. Yu walks us over to a surprising places. than picture-book landscapes. plant nursery where new spec- In China, of course, One of its most interesting mis- imens, grown from seeds and Ithe late US leader continues to sions is to showcase garden cuttings of plants in the gar- be celebrated for opening plants in the broader Chinese den’s collection, are bursting relations between the two cultural context. with green vigor from gallon- countries. Right now I’m look- In its bonsai garden, for sized plastic pots. Locally dis- ing at a photograph of Nixon example, you can see how this covered species, including the visiting Hangzhou in 1982, to cultivation style mirrors callig- winter-flowering Sinocaly- see the giant redwood tree he raphy, literature and paintings canthus chinensis, have pride presented to China during his in plants like Pinus taiwanen- of place in the garden. historic 1972 visit during his sis “Hayata”. The pine from presidency. Taiwan has been used for Chi- Year-round attraction Zhou Enlai, then China’s pre- nese bonsai-shaping since the The botanical garden entices mier, decided to send the tree Song Dynasty (960—1279). more than 3 million visitors to Hangzhou, where the first “Each specimen is like a silent each year, about a million of botanical garden established poem,” the garden’s resident those in the peak month after 1949 was flourishing. expert Hu Zhong says. around Chinese New Year, “Premier Zhou thought the The Chinese phrase for bon- when plum trees become so Hangzhou Botanical Garden sai is penjing, which means coated with blossoms they cre- was very great at botanical “scenery in a pot”,he adds. ate a pink-and-white “ocean of Covering an area of about 230 hectares, the Hangzhou Botanical Garden can be found at the foot of Jade Spring Hill in the northwest end research,” says the current At the bonsai garden’s flowers”.In summer, most flow- of West Lake in Hangzhou. PHOTOS BY CHAI SHIJUE, LI ZHONG AND LAI SHUNXING / FOR CHINA DAILY director of the garden, Yu Jinli- entrance are three plants that ering plants are resting, but the ang. “So it came here.” Chinese consider “friends” in heat brings out the flame-col- At 2 meters tall — about winter: A pine, bamboo and a ored blossoms of Lycoris for Spring Festival and the bles come from and how they come out during the daytime, more than a meter long and the size of basketball super- plum tree, because they look aurea, popularly known as plum, peach and apricot trees are grown, and expansive including hedgehogs, frogs, weighs about 100 kg. star Yao Ming — the tree was their best and also stand out in “naked ladies” because the recolor the landscape in pastel summer-camp activities. For snakes, fireflies and moths. If only air conditioning will no giant among its own spe- the cold season. flowers emerge from the pinks and fluorescent reds. adults, there is a flower show revive you, head to the on-site cies, Sequoia semperveriens. There are also ginkgo speci- ground on long stems without “Spring is also the time our competition during the chry- Beat the heat art museum with several galler- Turns it, it probably never mens that defy what we’ve leafy coverage. rhododendron garden is full of santhemum season, and how- Summer is a hot time in the ies of work by Han Meilin. The will be. come to expect from Japanese- Some of the most formally color,” says Yu, and the annual to programs on bonsai and garden, but when the heat is famous sculptor has works out- “Hangzhou’s climate is very style bonsai. Instead of limbs arranged gardens, especially rhododendron festival draws a landscaping. oppressive in the middle of the side as well as an indoor gallery; humid, compared to the parts that are aggressively shaped on small lakes and ponds, new wave of admirers for those The garden is open 24 hours, day, there are two inviting pla- other sections of the museum of California where the giant with shears to get an artful become brilliant with red, delicate beauties. and joggers and others who ces to get away. One is the Fish feature his calligraphy, his paint- trees are native,” says Yu. “But and miniaturized effect, these orange and yellow foliage in the The garden reaches out to come outside the ticket-booth Jumping at Jade Spring, on ing and — to a smaller degree — with our research and the use specimens are what director fall. Then, after winter turns the community in other ways. hours of 7 am—5pmgetfree the site of an old temple where famous corporate logos and of tissue culture, we have prop- Yu calls “natural” bonsai — big the landscapes into silhouettes Special events for kids entry. you can enjoy plenty of shade mascots he have designed, such agated other trees and planted trees that have been topped — defined by leafless trees and include the Farm Garden, Officials say you can see differ- and watch some black . as for and the 2008 them in drier parts of China usually by storms — which intriguing sculptures, it’s time which shows where vegeta- ent kinds of wildlife that don’t One is more than 50 years old, Beijing Olympics. Monday, September 5, 2016 CHINA DAILY

28 LIFE

RELATIONSHIPS Old tale inspires modern marriage market

At first, Du expected a few Parents flock to site where legendary lovers are believed dozen people to come, but some 300 people turned out to have studied to find partners for their children that day. They shared information about their children, and By XING YI The legend traces back to when they deemed someone [email protected] Fact box the Eastern Jin Dynasty (AD to be suitable, they noted 317-420). Women then were down the contacts. Around itting on a small hill not encouraged to attend lunch time, people agreed southwest of West Parents of unmarried school, but Zhu, a beautiful that they would come again Lake is Wansong Shu- adults across the nation and smart young woman of a on the next Saturday morn- yuan, or Academy of flock to the chosen park in wealthy family, persuaded her ing. STen Thousand Conifers. It’s each city every Saturday and parents to let her study dis- As time passed, more and just one of many tourist sites Sunday from 9 am to 5 pm guised as a man. more people got to know in Hangzhou, but for local resi- to trade information on their On Zhu’s journey to school, about this meeting place dents, especially parents who children. Here are some of she encountered Liang, who through word-of-mouth, and are eager to see their mar- the most popular “marriage was going to the same school parents have gathered here riageable children find their markets” besides the Wan- in Hangzhou. In the next three almost every week in the past “other half”, it is the place to song Shuyuan in Hangzhou. years, they lived and studied 11 years, rain or shine. go. together, during which Zhu “It’s difficult to find an ideal “Bride wanted. Single male, Beijing fell in love with Liang, but partner nowadays,” says a born in 1980, height 172cm, Liang failed to discover that retired local resident, who good-looking, master from top 4 Zhonghua Road, Dong- she was a woman. would only give his surname, university, civil servant in pro- cheng district Although Wansong Shuyu- Yu. “People are setting too high vincial government, fine-deco- an was built during the Ming a standard, but the reality is rated apartment mortgage Shanghai Dynasty (1368-1644) — around there is no perfect one.” paid, parents alive, affluent People’s Park a thousand years later than The most wanted husband family.” 231 West Nanjing Road, the legend’s time frame — peo- is “a local Hangzhou resident, So reads an advertisement Huangpu district ple still believe that this is the with an apartment for mar- in Chinese, posted on a light school Liang and Zhu attend- riage and a stable job,” says Yu, pole next to the main entrance ed together. while for the most wanted of the academy. Central Park “Many tourists ask me: wife is “largely depending on On both sides of the road, At the crossing of Chifeng Where is the classroom Liang her appearance.” similar ads are hung, clipped, Road and Heping Road, and Zhu studied in?” says He “People should learn to be posted almost everywhere. Heping district Jie, guide at Wansong Shuyu- more reasonable,” says Yu. Sidewalks are jammed with an. “We now downplay the leg- “What I suggest is that people people reading the ads, taking Guangzhou end part and focus on the should pay more attention to notes and chatting with each Tianhe Park culture and history of Chinese personalities and characters.” other. 23 Yuancun, Huangpu Ave- academies instead.” “My daughter eventually A curious visitor like me nue, Tianhe district However, parents assem- found a husband among peo- who tries to read these ads bled here don’t seem to care ple I introduced to her, and my should be prepared for a ques- too much about whether the grandson is already 9 years tion from complete strangers: It’s all thanks to the legend legend is historically solid, as old,” says Du, who still comes “So, are you looking for a of Liang Shanbo and Zhu long as they have a place to to the weekly event. He runs a mate?” Yingtai. find potential partners for Parents read posters strung up on a line between two light poles next to the main entrance of the non-profit organization that Welcome to the city’s Satur- Liang and Zhu are house- their children and a social out- Wansong Shuyuan in Hangzhou. PHOTOS BY XING YI / CHINA DAILY provides services from match- day marriage market, where hold names in China because let for their worries. making to marriage counsel- hundreds of parents look for of their tragic love story. Also Du Xiguan, 67, started the ing. their ideal son- or daughter-in- known as the butterfly lovers, whole thing in 2005 when he “Young people are all busy nize a meeting of parents who “because everyone knows this “Now the divorce rate of law in front of the former high- they are widely compared became worried about his working, and have little time to have a similar situation.” is the place where Liang and Hangzhou rises every year, er-education institute with Shakespeare’s Romeo daughter’s marriage find a date,”says Du. “I put an ad Du chose Wansong Shuyu- Zhu’s love story started,” he and that’s also a serious prob- between 9 am and noon. and Juliet. prospects. on the local newspaper to orga- an as the meeting place, says. lem,” says Du.

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LIFE 29

RURAL RETREATS VILLAGES BUILT ON FILIAL PIETY For Dipu and the neighboring Huanxi village, family ties take preference over all things

By ERIK NILSSON erik_nilsson@ chinadaily.com.cn

Dipu village is a place where you take tea in a pigsty and cof- fee in a cattle enclosure. Well, actually, in renovated rooms that previously housed farm animals. “Manure stench meant peo- ple used to rush by, pinching their noses,” a local guide says of Cattle Pen Cafe. “Now, the aroma of coffee lures them to linger.” Shentu Fang opened Pigsty From left: Children practice calligraphy in Tonglu county. WANG ZHUANGFEI / CHINA DAILY; The ancestral hall of the Shentu family in Dipu village. PROVIDED TO CHINA DAILY Teahouse in 2013. She converted 14 swine hutches into a hip joint to sip a pable — a rigorous reverence their ancestral hall. Huanxi village, where 90 per- ponds throughout the town. lets that encase three sides of cuppa. for familial piety that dates to A local man built the nearby cent of the 2,000 residents take They’re not only central to the the settlement and join at its “It’s unique,” says Shentu. Over 70 percent of at least the Qing Dynasty Baoqing Theater in the Ming their surname from the first settlement’s history and cul- main gate to transform into “We don’t want to destroy Dipu’s villagers share (1644-1911). Dynasty (1368-1644) to show settler, Zhou Weishan, who ture but also to its economy. dragons. The symbolism rep- our history and environment.” A villager during emperor gratitude for his uncle, who built his home in the shade of Lotus seeds are sold as resents longevity in local lore. Trees heave with fruit. Vines the surname Shentu Kangxi’s (1654-1722) reign raised him. ancient gingko trees six centu- snacks and pulverized to pro- Superstition or not, over 300 spill from rooftops. Pots pop and regularly visit nursed his critically ill father The wooden platform, ries ago. duce tea and liquor. villagers are older than 60, and with flowers. back to health with such devo- adorned with such ornately The surviving trees lining And the plants give vim to the oldest is 103. A nearby shop peddles petal their ancestral hall. tion that villagers reported his carved auspicious symbols as Ginkgo Square are today over a the scenic splendor that That said, the water-dwell- pancakes — that is, dough good deed to the royal court. lions, crayfish and bats, still millennia old. draws tourists who occupy ing creatures are traditionally disks stuffed with floral flavors But word didn’t reach the serves his descendants as a But even more venerated is Huanxi’s six-dozen bed-and- believed to have brought the like rose. have been arranged along throne for two generations. stage for reverence of family the 14-generation branch of breakfasts. floods that led to the construc- Indeed, the livestock quarters Dipu’s old cobblestone streets Kangxi’s grandson, Qianlong ties. the Zhou family tree that Families process them in tion of two ancient bridges, cum cafes are microcosms of for women wearing high heels. (1711-1799), was so moved upon A stele marking the tomb of extends from Huanxi’s Confu- their courtyards with hand- including the Crocodile Bridge the settlement in Zhejiang prov- The wells and drainage sys- hearing the account that he the first settler in the middle of a cian philosopher Zhou Dunyi, crank grinders. — so named because the reptile ince’s Tonglu county. It’s a place tems devised when the settle- ordered the construction of a roundabout on Dipu’s main who penned the poem Ode to The Lotus Culture Hall takes is considered the mythological where blooms burst around ment was founded nine stone archway to the road again places filial piety the Lotus in the Northern Song its namesake from Zhou Dun- deities’ natural nemesis. lightly renovated historical centuries ago are still used. “dutiful son” in Dipu. front and center, in every sense. Dynasty (960-1127). yi’s poem and serves as his Today, Crocodile Bridge buildings — including 40 Thirteen trees older than 200 The gate still stands — as do Indeed, a visit to Dipu makes Locals learn its lines as chil- ancestral hall, an auditorium serves as a link between ancient structures. Many new years still stand. Two took root the ideals it represents. you want to visit your parents dren and can recite the prose and an art gallery. Tonglu’s past and present, and edifices are rendered according eight centuries ago. Over 70 percent of Dipu’s afterward. Or at least call home. by heart. On residents’ 63rd birth- connects Huanxi to the outside to traditional designs. But Dipu’s umbilical link to villagers share the surname Such reverence for forbear- Roughly 334,000 square days, relatives release carp through tourism, in a very real For instance, new flagstones its past is less tangible, yet pal- Shentu and regularly visit ers extends to neighboring meters of lotuses bob atop into the Tianzi and Qing rivu- sense.

Tech special

cross-field judgment,” Zhang said. Linking up for the next big thing “The key to artificial intel- ligence is actually human. To allow technology to play an By ZHONG NAN Zhong Haifan, director active role in the flow of infor- 74 of the Internet mation, one premise is that More local governments and Information Admin- there must be someone pro- are partnering with content minutes istrative Office, said that ducing valuable information; aggregation app as the partnership can help so we welcome government part of efforts to upgrade average time each user the city further expand branches to access it, using it their public services, amid spends on Toutiao every day its high-end industries in as a platform for publicizing a growing number of peo- fields such as wearable authoritative news,” he said. ple accessing their news via devices, aerospace, intel- “For example, we confirm smartphones. news and other informa- ligent equipment, gene every piece of medical news In August, Beijing’s tion via our app. They do sequencing and the low- with the hospital concerned or authori- care about what happens carbon economy, as well as the National Health and Fam- ties opened an account for in their environment. They attract tourists and invest- ily Planning Commission.” administrative headline are also keen to write their ment from the domestic The company has more than news services via Toutiao. comments on various media and overseas markets. 2,600 employees and more The move marked the first platforms,” Xia said. , Alibaba and Ten- than one-third of them are time for a district-level Toutiao currently has 530 cent, three of China’s IT engineers. It has about 15,000 government in Beijing to million users, including 55 giants collectively known servers in its network process- run a news service offer- million active users each as BAT, have become a phe- ing 200 TB a day. ing more value-added func- day. Every day, each user nomenon in the nation’s Governments use Toutiao app to Unlike Weibo, a Twitter-like tions by the company. spends an average of 74 Internet sector. A study by service in China, government Chen Mingjie, director of minutes on the app. Chinese independent think information services in Tou- the publicity department of Beijing is not alone. Shen- tank Trigger Trend earlier communicate with the public tiao do not need to develop the CPC Haidian district, zhen, province, this year said Toutiao may a fan base and subscription said this move follows a another top-tier city, also become part of the “next details, as the information can significant media trend in signed a strategic partner- BAT”, along with Meituan, By ZHONG NAN government portals and web- be effectively sent to users’ the country for the gov- ship framework agreement a group purchasing site, [email protected] sites, in response to growing smartphones. ernment to adopt more in July. Seventeen govern- and Didi, a car-hailing plat- public interest in major issues Extremely important infor- advanced communication ment branches, including form. The think tank cited More than 20,000 smart- since the end of 2014. mation, including major clari- technologies to provide the Shenzhen municipal investment in technologi- phone-enabled government The key to artifi- Efforts are being made to fications on public issues and information in a timely public security bureau, cal innovation, the talent information platforms had, by increase government trans- updates on health epidemics manner. have registered accounts pool and the growth curve the first half of this year reg- cial intelligence is parency and expand the appli- and natural disasters, can also The rise of smartphones for administrative headline as some of the reasons for istered for headline news ser- cation of e-government and be sent through automatic and 4G networks has also news services. the leap. vices via Toutiao. actually human.” online administration, and to pop-up services to the users. fueled demand for new Toutiao, the popular Chinese improve government efficiency This function has an important apps among content aggregation app, aims Zhang Yiming, founder of by using new media to respond role of providing the timely users from top- to expand the governments’ Toutiao to social concerns and provide dissemination of authoritative tier cities to reach in the rapidly-developing more information on public information, to prevent the rural areas. Police authorities in Henan sector. sector work. spread of potentially harmful Xia Yong, province use platforms provided by The app launched services day, with each story recom- Toutiao stands out among rumors. editor-in-chief of Toutiao to get connected with the to provide headline news for mended to an average of news apps because it can Ma Baocheng, director of Toutiao, said that public. PROVIDED TO CHINA DAILY various government informa- 42,000 readers daily. remember and track impor- the Decision-Making and Haidian district, tion platforms less than two Zhang Yiming, founder and tant user data such as their Consultation Department of with its rich techno- years ago. A total of 1 million CEO of ByteDance, the devel- preferences, comments, loca- the Chinese Academy of Gov- logical, educational stories have since been pub- oper of Toutiao, graduated in tion and length of time spent ernance said that highly effi- and financial resourc- lished for the public by such 2005 from in on each page, and to record cient communication tools es, as well as abundant platforms, including those Tianjin. Zhang said more local their interests and provide and cutting-edge technolo- talent and channels from the Ministry of Public intelligent information sorting different news to different gies are critical to the govern- for innovation, Security, the Supreme People’s systems have started to take on users based on those inter- ment’s efforts to provide bet- can effectively use Court and the Zhejiang gov- a bigger role in sending news to ests. Government information ter services and information. Toutiao to gener- ernment, generating 4 billion users who are willing to learn platforms at different admin- “Under such circumstanc- ate more economic readings through the Toutiao more about public sector work istrative levels are willing to es, Toutiao is moving in a and social benefits smartphone app. such as government policies, partner with the company to promising direction. Big data, for the public. These activities have cre- fiscal reports, legislative deci- enlarge their influence. a broad term for processing “Whether they ated 42 billion recommenda- sions and announcements of “The advantage of our vast amounts of complex sta- are in the subway, tion readings targeted at dif- infrastructure projects. machines and big data tech- tistics, which can be boiled office or home, ferent users. That means more The news services are the nologies is that their memory down into market and con- as long as our than 6,000 stories have been result of moves made by is precise and they never get sumer trends, will be vital in users have their released by government-run authorities to provide perti- tired. On the other hand, the working out the right strat- smartphones, information platforms every nent public information via human brain’s advantage is in egy,” Ma said. they can access Monday, September 5, 2016 CHINA DAILY

30 SOUTH AFRICA SPECIAL Long-term trade prospects remain bright China’s nuclear giants react to opportunity By DU XIAOYING [email protected] By LYU CHANG French utility company EDF Although China’s imports [email protected] and Westinghouse from the from South Africa have been United States. negatively affected by fall- China’s nuclear giants are Proposals should specify ing international commod- preparing to begin construc- reactor design, the degree of ity prices, the long-term pros- tion of the country’s home- localization, financing and pects for trade and economic grown CAP1400 nuclear reac- cost, the association said. cooperation between the two tor, which they aim to export South Africa signed an inter- countries remain bright due to to South Africa. governmental agreement with their ever-deepening coopera- Work on the reactor is China in 2014, laying the foun- tion, said Zhao Zhongxiu, vice- expected to begin this year. dation for cooperation, trade president and trade professor Construction on the fi rst two and exchange in nuclear tech- at the University of Interna- units of the pilot nuclear power nology as well as procurement. tional Business and Econom- plant in Shidao Bay, Shandong Similar agreements were also ics in Beijing. province, is set to begin in the signed with France and Russia. “The trade relationship coming months, a source close South Africa has definite between the two countries is to the matter said. ambitions to develop its still stable and complemen- According to earlier reports nuclear energy capability, and tary in nature,” said Zhao. in the local media, Chinese has drawn up firm plans for Zhao also identifi ed growth nuclear companies are lining another 9,600 megawatts in potential in sectors including up to bid for the largest tender the next decade, but fi nancial manufacturing, tourism and in the country’s history, an esti- constraints are a challenge fi nancial services. He indicat- mated 1 trillion rand ($69.1 bil- to such further development, ed the two countries should lion) contract to build six new according to Wang Wei, a pro- extend their cooperation to reactors by 2030. However, the fessor at North China Electric products such as coal, gas, reports noted concerns from Power University. oil, engineering machinery, energy officials that because “The cash-rich Chinese machine tools and agriculture the project is the fi rst of its type companies, on the other hand, machinery, instead of focusing South African President Jacob Zuma (right) takes part in a ceremony in Pretoria on March 20, 2015 marking the accomplishment of a in China, potential problems are able to provide not only solely on the mining industry. China-South Africa cooperative project on electric locomotives production. ZHAI JIANLAN / XINHUA might exist. advanced nuclear technol- According to the Ministry “Production has begun on ogy with the highest safety of Foreign Affairs, China’s some 27 pieces of nuclear standards, but also money major exports to South Afri- all African countries to pur- equipment, and they will for fi nancing the projects”, he ca are electrical appliances, China will unite with all sue win-win cooperation and take a long time to develop. said. electronic products, textiles $46 African countries to pursue common development, and Everything is ready, includ- Zheng Mingguang, head of and metals, while its principal open a new era of Sino-African ing all documents, equipment the Shanghai Nuclear Engi- import is minerals. billion win-win cooperation and relations.” procurement and early-stage neering Research and Design Last year, the bilateral Tian said President Xi Jin- preparation work, and when Institute, a high-tech arm of trade volume between China trade volume between China common development” ping reaffirmed with South the FCD (fi rst concrete pour- the State Nuclear Power Tech- and South Africa declined and South Africa in 2015 Africa’s President Jacob Zuma ing date) comes around, it nology Corp, told China Daily signifi cantly to $46 billion, a Tian Xuejun, China’s ambassador to South Africa the commitments to strength- will open up doors for more last year that the company is 23.66 percent drop year-on- ening bilateral cooperation exports,” the source told China confi dent that its bid will be year. China’s exports for the in key areas such as the blue Daily. successful. same year were $15.8 billion, “The trade slump is a peri- He referenced China’s the high-tech industry model economy, production capac- South Africa is an attrac- “But the nuclear energy a slight rise on the $15.7 bil- odic phenomenon, and com- express industry, which grew adopted in northern Europe. ity, economic zones, energy, tive potential market, not industry also involves other lion recorded in 2014; imports modity prices were too high stronger after leading interna- Tian Xuejun, China’s infrastructure development, only for Chinese nuclear issues, so we can’t set any date stood at $30.2 billion, mark- in the past,” he said. tional players such as UPS and ambassador to South Africa, human resources and fi nance companies, but also its for- yet on the fi nal bidding pro- ing a sharp drop on the $44.6 Zhao suggested that South FedEx entered the market. said this year is the fi rst year during his State visit to the eign rivals. The World Nuclear cess,” he said. billion recorded in 2014. Africa should open up its Zhao indicated that coun- of the implementation of the country last December. Association said fi ve reactor The country hopes to land Zhao said the drop in inter- markets to facilitate foreign tries such as South Africa outcomes of the Johannes- China is now South Africa’s vendors were invited to make the contract using its CAP1400 national commodity prices investment and trade. and Brazil remain overly burg Summit of the Forum on largest trading partner, larg- proposals, including Russian nuclear technology, which since 2011 is responsible for “China’s experience shows dependent on single or lim- China-Africa Cooperation. “In est export market and largest energy giant Rosatom, China’s is designed by SNERDI and China’s falling import fi gures, that economies cannot devel- ited resources, and suggested the spirit of wide consultation, source of imports, while South nuclear company State Nucle- based on the AP1000 reactor rather than cuts in the coun- op without opening up the that South Africa develop a joint development and shared Africa is China’s largest trad- ar Power Technology Corp, technology developed by West- try’s import volume. market,” said Zhao. diversifi ed economy similar to benefi ts, China will unite with ing partner in Africa. KEPCO from South Korea, inghouse. CHINA DAILY Monday, September 5, 2016

SOUTH AFRICA SPECIAL 31 Deepening Sino-South African ties provide continent-wide benefi ts

By RONG YANSONG the Johannesburg Summit of the on industrialization, building spe- through its long process of reform national issues. China, as the world’s Forum on China-Africa Coopera- cial economic zones and industrial and opening-up, which can provide a largest developing country, together The relationship between China tion (FOCAC). The event marked a parks, and placing greater emphasis valuable frame of reference for South with South Africa, the sole African and South Africa has never been historic moment in Sino-South Afri- on key areas such as energy, infra- Africa and other African countries. country in the G20, will work to both stronger, and its strategic impor- can relations and even Sino-African structure construction and the ocean Despite the current economic tra- protect the interests of developing tance to both sides has been demon- relations. The “Ten Cooperation economy. vails, the fundamental principle of countries and ensure the interna- strated by an unprecedented level of Plans”, which aim to foster closer Meanwhile, China is compre- win-win cooperation and common tional governance system works in a mutual political trust, increasingly links between China and Africa, hensively promoting supply-side development between China and fair and equitable manner. The two close international coordination, cover the areas of industrialization, structural reforms and industrial Africa will remain unchanged. sides are also ready to work with the fruitful pragmatic cooperation and agricultural modernization, infra- restructuring, as well as internation- With the profound shift in the other G20 members to build an inno- wide-ranging cultural and people-to- structure, fi nancial services, green al capacity cooperation. The success- global economic landscape and the vative, invigorated, interconnected people exchanges. Sino-South Afri- development, trade and investment ful implementation of these strate- adjustment of the international eco- and inclusive world economy. can trade and economic coopera- facilitation, poverty reduction and gies will better position the country nomic order, China is enhancing tion has led to a greater convergence public welfare, public health, peo- to conduct win-win cooperation coordination and cooperation with The author is the economic and of interests, which also refl ects the ple-to-people exchanges, and peace with African countries. China has South Africa in important interna- commercial counsellor of the comprehensive strategic partnership and security. The package, which also accumulated rich experience tional mechanisms and major inter- Chinese Embassy to South Africa. between the two countries. was declared at the summit, clearly Sino-South African trade and eco- The two sides are also demonstrates the depth of the new nomic cooperation has gained sig- cooperative relationship between nifi cant momentum in recent years. ready to work with the China and Africa as a whole, and Last year, bilateral trade reached $46 other G20 members it will undoubtedly take trade and billion, and China has been South economic partnerships to new Africa’s largest trading partner for to build an innovative, heights. seven consecutive years, as well as its Following the summit, all parties biggest export market and principal invigorated, have worked hard to ensure that source of imports. Meanwhile, South the lofty aims of the plans are met, Africa has been China’s largest trad- interconnected as well as to fully implement the ing partner in Africa for six consecu- “China-South Africa Five-to-Ten-Year tive years. and inclusive world Strategic Programme for Coopera- South Africa is the preferred tion”. destination in Africa for Chinese economy.” South Africa has one of the stron- investors, and there are around gest economies in Africa, and this 140 large-scale and medium-sized Rong Yansong, economic and means the country is the perfect Chinese enterprises in the country commercial counsellor of the Chinese gateway to the continent for Chinese with cumulative investments of $13 Embassy to South Africa companies and investors looking for billion. Projects invested by Chi- trade and cooperation opportunities. nese companies such as the home The Chinese economy will, so long as appliances industrial parks and China and South Africa has been it allowed to develop in a sustainable cargo vehicle factories have created rapidly enhanced in recent times. manner, help to facilitate sustainable more than 20,000 job opportuni- China now provides hundreds of and independent development in ties. South Africa is, in turn, highly training opportunities annually to South Africa and beyond. Although committed to engaging economically South Africans in a wide range of the world economy still faces many with China. Headquartered in Cape areas including the arts, technology uncertainties, both China and South Town, Naspers Media Group has, as and business and management. Africa have come to a crucial stage the largest shareholder of Tencent Perhaps the most remarkable of their economic transformation Group benefited immensely from example of Sino-African coopera- and structural adjustment. South the fast development of the Chinese tion came when Chinese President Africa is working towards meet- technology company. Xi Jinping paid a State visit to South ing the goals set out by its National In addition, the human resource Africa in December 2015 and co- Development Plan. To this end it is development cooperation between chaired with President Jacob Zuma formulating a series of action plans Monday, September 5, 2016 CHINA DAILY

32 LUJIAZUI SPECIAL

Sustained Standing out from the competition growth Authorities from Lujiazui Financial City in Shanghai unveil reforms to boost competitive edge on global stage vowed for

By WANG HONGYI in Shanghai fi nance [email protected]

The Lujiazui Financial City, hub plan an integral element in Shang- hai’s ambition to become a world-leading interna- By ZHUAN TI tional fi nancial hub, recently [email protected] announced reforms to its management mechanism that As part of efforts to will help align its operations support Shanghai’s posi- to international regulations tion as the nation-leading and standards. financial hub, authori- Government officials say ties are continuing their that this reform will boost eff orts in developing the Lujiazui Financial City’s Lujiazui Financial City. resource allocation and infl u- The Lujiazui Emerging ence in global fi nancial mar- Financial Park within the kets, as well as accelerate the Lujiazui Financial City has Shanghai’s eff orts in becom- since its establishment in ing “an excellent global city”. October 2014 proven to As part of the pilot reform be a very attractive place plan, the Lujiazui Financial for private equity funds and Trade Zone had estab- to do business. According lished a management board of to authorities, 21 percent which 90 percent is made up of private funds in China of members from key enter- have offi ces in Shanghai prises, industry organizations, and 80 percent of them building developers and other are based in Lujiazui industry representatives. Financial City. Jointly initiated by the Pudong district government and industry players, the man- 21 agement board works as a pub- lic platform that helps enhance percent the global competitiveness and of private funds in China infl uence of the fi nancial zone. have offi ces in Shanghai Its responsibilities include promoting the development The financial city has of fi nance, shipping, trade and attracted about half of other industries, optimizing the 15 members in the the commercial, transporta- Lujiazui business district in Shanghai is home to more than 5,000 emerging fi nancial institutions and enterprises. PHOTOS PROVIDED TO CHINA DAILY Private Fund Committee tion and culture environment, of the Asset Management and supporting innovation in cial cities around the world, we tial policies to set up regional Association of China. In fi nancial regulation and over- can create a legal, international headquarters. Lujiazui now addition, four of the top seas business development. Jiangsu and convenient business envi- has 90 regional headquarters, 10 domestic financial “The establishment of ronment that will help to ampli- accounting for 20 percent of leasing companies have the management board is fy Lujiazui Financial City’s glob- the city’s total, it said. set up development bases a bold attempt and innova- al infl uence,” said Weng. Lujiazui also has more than in the zone. tion in governance. It builds In addition to optimizing 35,000 enterprises with the “We have launched an open platform that allows operations and management high concentration of fi nancial many investment attrac- Zhejiang various forces to participate Pudong ability, the Lujiazui Financial institutions. By now, there are tion activities such as in the governance of fi nancial New Area City Authority said it will also 771 fi nancial institutions with questionnaires, face- city, and jointly promote the Feng xian recruit talents from around the licenses in the region, includ- to-face talks and group fi nancial city’s development,” world to form an experienced ing 224 banks, 338 securities meetings to better under- said Huang Hongyuan, gen- and professional team that can companies and 209 insurance stand business demand eral manager of the Shanghai provide high quality service to enterprises, it said. with support from ser- Stock Exchange, a member of enterprises. Besides that, there are more vice agencies includ- the management board. Lujiazui Financial City than 5,000 emerging fi nancial ing Shanghai Leasing Meanwhile, the Lujiazui Building the world’s institutions and enterprises in Industry Association and Financial City Authority will best CBD Lujiazui. Pudong Factoring Indus- work to improve the ability 771 The Shanghai Lujiazui Authorities said that the try Association,” said a and effi ciency of the business financial institutions Financial and Trade Zone, Lujiazui Financial City has source from the Lujiazui with licenses in Lujiazui district’s market operations commonly known as Lujiazui already entered a new phase of Financial City Authority. and professional services. In Financial City, was established development and transforma- Lujiazui Financial City an innovative move that is a in 1990 by China’s State Coun- tion, with the key focus areas Authority has vowed 224 break from convention, it has banks cil. being the management of to seek support from also been registered as a per- After more than two decades innovations and the enhance- the Shanghai govern- son instead of being included in of development, the zone has ment of current functions. ment and the Shanghai the government management 338 become a central business According to the Lujiazui Financial Service Office system. securities companies district with a high concentra- Financial City Authority, it will to enhance the develop- Weng Zuliang, head of tion of fi nancial industries. It spearhead innovations in poli- ment environment for Pudong district where the has also formed modern ser- cy-making mechanisms as well internet-based financial Lujiazui Financial City is 209 vice industry systems for sec- as operations and management companies. located, said that the imple- insurance enterprises tors such as fi nance, shipping in order to enhance its competi- Major companies mentation of the new manage- service, business and trade, tiveness. including , Xiao- ment mechanism and estab- exhibition and convention and Wang Hua, head of the Luji- mi and Wanda have lishment of such an interna- 35,000 tourism. azui Financial City Authority, launched internet fi nan- tional governance mode is an enterprises Covering an area of 31.78 added that more efforts will cial platforms in the important step in transform- square kilometers, Lujiazui was be made to boost economic region. The fi nancial city ing government function and included in the Shanghai Free growth, improve the functions also supports internet supporting the construction of 5,000 Trade Zone (FTZ) in April 2015. of the district, and attract more fi nancial businesses that the Shanghai Free Trade Zone. emerging financial Multinational companies organizations with headquar- have been developed by “By learning from the institutions have recognized Lujiazui’s tered functions and innovative traditional fi nancial ser- advanced governance experi- Lujiazui business district has formed a modern service industry potential and have taken enterprises so as to boost Lujia- vice providers including ences of other developed fi nan- Source：Lujiazui Financial City Authority system for sectors such as fi nance, shipping and trade. advantage of the preferen- zui’s global infl uence. Industrial Bank and Bank of Communications. Leading online ser- vice providers including e-commerce giant Aliba- ba’s online payment arm Upping the ante in cross-border investments Alipay have also launched offi ces in the region. Many fi nancial technol- By WANG YING in Shanghai border investment. its existing license,” said Alex are situated in the Lujiazui ogy developers including wang _ [email protected] Mark Boleat, policy chair- Boggis, head of Aberdeen Financial City, and they man- trading system developer man for the City of London, Asset Management Greater age a total of more than 3.5 QuanDo Technology and The Shanghai Lujiazui also shared the recent prog- China. trillion yuan ($524 billion) in Shanghai Genesis Finan- Financial City and the City ress of the corporation before Boggis revealed that the assets. He also called for the cial Information Service of London Corporation have talking about the needs of company has already found a City of London to open up Co, a company that focus- agreed to jointly explore international investors. distributor while waiting for more of its insurance funds in es on fund valuation, cross-border investment Aberdeen Asset Manage- the approval of the QDLP and China to more sectors as their have established devel- opportunities after a round ment’s China division in Lujia- has already designed prod- current investments are mostly opment bases in Lujiazui table discussion between the zui is one of the latest results ucts tailored for their Chinese in London’s real estate. to serve businesses along two parties. of the cooperation between the clients. He added that Aber- Li Xunlei, vice-president of the industrial chain. The conference, held in Shanghai Lujiazui Financial deen’s global customers have Haitong Securities Co, sug- Lujiazui Internet Shanghai in June, was attend- City and the City of London. also been queuing to boost gested the idea of promoting Financing Association was ed by the heads of several In September 2015, inter- their investments in China. Shanghai-London cooperation established in March 2016 well-known fi nancial institu- national investment manage- “We are going through the on the stock and bond markets. to strengthen cross-indus- tions from both home and ment group Aberdeen Asset details on how to help Chi- The heads of some fi nancial try communication. Fifty- abroad. Management Limited PLC nese clients manage their institutions also expressed hope three companies including Cao Hongying, deputy opened its Shanghai office assets with the help of a for- Shanghai will turn itself into an international fi nancial center and a that Lujiazui would off er more payment services provider director of China (Shanghai) in the FTZ. This new set up eign company license as well hub for cross-border investments. support in talent development Alipay were among the Pilot Free Trade Zone (FTZ) became the fi rst British entity as how we can assist overseas for capital management. Xu fi rst batch of members. administration, had reviewed to acquire a license in China customers to look for invest- Dejie, an offi cial from Lujiazui Policy-makers of Lujia- during the conference the as an enterprise that is fully ment opportunities in China,” to them because the city is China, expects to see a break- Financial City, said that the area zui Financial City said FTZ's development over the backed by foreign investment. said Boggis. really open in this aspect,” through in overseas invest- has already done much in this that they hope to develop past three years and shared “Aberdeen expected to “For other British enter- said Boggis. ment in Shanghai’s FTZ and aspect, including promoting a system into one that the latest developments that obtain the Qualifi ed Domes- prises which plan to set up Cao Deyun, executive vice- Lujiazui Financial City. exchanges with London’s fi nan- allows all parties to sup- aim to turn Shanghai into an tic Limited Partner (QDLP) institutions in China backed president and secretary- According to Cao, all of the cial professionals and launch- port and regulate devel- international financial cen- certificate so as to better by foreign investment, I general of Insurance Asset six insurance capital manage- ing job fairs at UK universities opment of emerging ter as well as hub for cross- serve Chinese customers with would recommend Shanghai Management Association of ment enterprises in Shanghai to attract international talents. fi nancial industry. CHINA DAILY Monday, September 5, 2016

LUJIAZUI SPECIAL 33 Becoming a magnet for top quality talent

By XIAO HONG in Shanghai [email protected] 35,000 As one of the most active enterprises trade markets in China, are located in Lujiazui Lujiazui boasts the most Financial City comprehensive financial ecosystem in the coun- try, comprising more than for global asset allocation is 35,000 enterprises, as well as developed. more than 5,000 emerging Following the success of fi nancial institutions. the program, the second There are currently more round will take place in Sep- than 200,000 people work- tember, and participants ing in the financial com- will get to visit leading panies within the business financial institutions and district. organizations in London, as More than just a fi nancial hub According to the Lujiazui well as attend talks where Financial City Authority, senior management people the district has constantly share their insights about Lujiazui business district in Shanghai is striving to turn itself into a a rich cultural atmosphere for residents and workers. PROVIDED TO CHINA DAILY strived to attract top talents the industry. to the area by optimizing Other examples of Lujia- the environment for talent zui district’s eff orts to cater Authorities are hoping to achieve a holistic development of Lujiazui development, establishing to its talents include the innovative service platforms establishment of a commit- through an infusion of arts and culture and introducing quality edu- tee that is in charge of inte- cation resources that are of grating top fi nancial talents international standards. from China and abroad. By WANG HONGYI Lujiazui into the world’s lead- tors have also worked with en the cultural atmosphere in One example of these The district has also set up in Shanghai ing fi nancial hub. Other fi nan- more institutions, such as the Lujiazui. eff orts is the asset manage- an innovation practice base [email protected] cial centers around the world, Shanghai Symphony Orches- Kuai Dashen, a researcher ment program that Lujiazui for postgraduate students such as New York, Tokyo and tra and the Shanghai Light at the Shanghai Academy of created with the support of to promote cooperation The Shanghai munici- London, are not only gather- Lujiazui is striving Music Orchestra, to stage per- Social Sciences, said,“A city London Financial City and between academic institu- pal government recently ing places for fi nancial trade formances in offi ce buildings. cannot just have a single func- International Capital Market tions and industry. announced that it would activities but also hubs for to turn itself into a In the fi rst half of this year, tion. Besides being a finan- Association. Earlier this year, the solicit public opinion regard- culture and fashion. Lujiazui fi nancial hub with high more than 150 cultural activi- cial hub, Lujiazui must also The program, which Shanghai Advanced Insti- ing its master plan to develop is striving to turn itself into cultural quality and ties have been carried out in become an ambassador of shared practical business tute of Finance (SAIF) at a global city of excellence that a fi nancial hub with high cul- offi ce buildings in the fi nan- Shanghai’s rich culture.” experiences and imparted Shanghai Jiao Tong Univer- is innovative, humanistic and tural quality and tastes,” said tastes.” cial district, of which more Kuai, who is also a consul- knowledge on unearthing sity opened its Pudong cam- eco-friendly. Wang Hua, head of Lujiazui Wang Hua, head of Lujiazui than 30 were cultural and tant in the professional com- potential business opportu- pus and announced that it “Shanghai is aiming to Financial City Authority. Financial City Authority arts performances. The activi- mittee for development of nities, won praise from par- has established a strategic become a global city of excel- Home to more than 5,000 ties seem to have been well the national public culture ticipants when it was held partnership with Lujiazui. lence by 2040, one that is emerging financial institu- received, with an increasing service system, noted that the in March. According to the agree- an economic, fi nance, trade, tions and companies, Lujia- number of white-collar work- intent behind creating cul- According to industry ment, the two parties will shipping and scientifi c inno- zui has about 470,000 white- ers getting involved in the fes- tural activities and events in insiders, the internation- work together to promote vation center, as well as a cul- collar workers concentrated 150 tivities. the district is not for enter- alization of the renminbi cultivation of talents by pro- tural metropolis,” said Zhuang in an area of 31.78 square kilo- “In the past, I would only tainment or profit-making. and the pace of progress in viding more internship and Shaoqin, director of the city’s meters. The need to create a cultural activities spend money to buy tickets Rather, it is to establish a China’s capital market devel- employment opportunities planning, land and resources rich cultural atmosphere for were held in Lujiazui in the fi rst to a pop concert. Nowadays I platform for the cultivation opment have increased the to the society. administration. the residents and workers of half of 2016 actually fi nd myself listening to of Lujiazui’s cultural charac- demand for Chinese inves- “This move will help boost Zhuang noted that the this zone has long weighed on classical music as well. Such is teristics and spirit. tors to carry out global the transformation of Shang- development of the city’s cul- the minds of offi cials. the infl uence of Lujiazui’s cul- “From a historical develop- investment. hai into an international tural aspects would be pivotal In March 2015, the authori- tural development,” said Tao ment perspective, trade and With the introduction finance center and at the to Shanghai’s future as China’s ties from Lujiazui issued a the fi nancial district, includ- Liang, an employee at Bank of fi nancial activities are indeed of a series of international same time contribute to the main fi nancial hub. guideline that aims to ing concerts, lectures by pro- Communications who partici- the core of a central business investment channels such growth of the Lujiazui fi nan- The authorities for Shang- improve the cultural environ- fessional arts groups during pated in the fi rst edition of The district such as Lujiazui. How- as QDII, QDLP and QDIE, cial zone,” said Zhang Chun, hai’s Lujiazui area, one of the ment in Lujiazui. The three- lunch hours, an outdoor arts Voice of Lujiazui, which was ever, the presence of rich and the era of allocating assets deputy president of SAIF. most bustling trade and busi- year plan covers various festival and poetry parties. held earlier this year. meaningful cultural experi- globally has arrived, and Some of the existing ness locations with the high- aspects, such as introducing There was even a singing con- In addition, cultural indus- ences can help to better pres- this has in turn provided partnerships Lujiazui has est concentration of fi nancial key projects, developing the test called Voice of Lujiazui, try development projects, ent and amplify the identity important opportunities for with international players institutions, shares the same cultural industry and orga- a spin-off of the massively such as an international arts of a place. In this regard, the China’s leading institutional include the one with the Bal- sentiment with regard to cul- nizing a series of cultural popular The Voice of China products trade center, a cul- development of the cultural investors and wealth manag- tic and International Mari- tural development. activities and events. reality singing contest, that tural industry incubation base characteristics is a necessary ers. In order to effectively time Council (BIMCO) that “During the period of the After more than a year of pitted white-collar workers in and the establishment of a path that Lujiazui has to take,” tap into these opportuni- aims to cultivate talents in 13th Five-Year Plan (2016- development, a host of activi- Lujiazui against one another. public arts environment, have said Xue Yingping, an offi cial ties, industry insiders say it the international shipping 2020), our goal is to build ties have been introduced to The district administra- also been undertaken to enliv- from Lujiazui. is imperative that a system industry.

Cultural venues featuring art and music can be found all around Lujiazui. PHOTOS BY CHAI SHIJUE / FOR CHINA DAILY New public arts and performance space to be built in Lujiazui

By WANG HONGYI arts center situated at the art sites within the Lujiazui the district can gather not just establish its own cultural con- and promote the development in Shanghai site of an old shipyard in the financial area, along streets work from top artists, but also notation that can transform of cultural industry,” said Kuai district will be renovated and and at the entrances of build- those by talented young ones,” itself into a space that includes Dashen, a researcher at the As part of eff orts to enhance redeveloped into an exhibi- ings and plazas. he said. comprehensive functions such Shanghai Academy of Social Lujiazui’s cultural and arts tion and performance space Various cultural The global call for art is Katagawa added that the as work, life and leisure. Sciences. atmosphere during the 13th by the end of this year. meant to give the world's project, which will revital- The report also noted that “Lujiazui has a huge poten- Five-Year Plan period (2016- The project also includes an activities and events artists an opportunity to ize the area and revive the the improvement of cul- tial in cultural consumption, 2020), the Lujiazui Financial ambitious public art initiative held in Lujiazui exchange their opinions and memories of the place, will tural experiences cannot be and it has the conditions to City Authority earlier this year that involves 43 international can become an spark new and creative ideas, also serve to further present achieved in a short span of cultivate a cultural market,” unveiled a project to create a artists, and 28 of them will be explained Fram Katagawa, Shanghai’s diversity to the time and that the standards Kuai added. brand new public arts space selected through an open call important driver to who is in charge of this phase rest of the world. used to measure a central busi- “With the construction of a that is poised to become a new proposal to contribute mod- foster and promote of the project. Katagawa is the According to a report by ness district’s cultural experi- number of cultural and arts landmark in the city. ern artworks to this exhibition the development of chairman of Art Front Gal- Ernst & Young, cultural experi- ence include a series of aspects projects, such as Pudong Arts Located across the Bund, and performance space. lery and the man responsible ence refers to the cultural con- such as the frequency of cultur- Museum, Lujiazui Harbor City the Lujiazui fi nancial district The organizer will also cultural industry.” for Echigo-Tsumari Art Trien- notation and culture construc- al development activities and and Laobaidu Binjiang Area, a is one of the busiest business be soliciting artworks from nale’s success. tion activities at the core of the number of cultural venues high-end cultural industry belt hubs in the world, featuring promising young artists, art Kuai Dashen, a researcher at “Lujiazui is the ‘financial an area. A mature and world- available. will be formed along the Binji- state-of-the-art establishments institutions as well as univer- the Shanghai Academy of Social heart’ of Shanghai, which class central business district “Various cultural activities ang and the light of arts will including commercial build- sities around the world. Sciences attracts a large number of should not just provide the and events held in Lujiazui shine over the Lujiazui,” said ings and luxury hotels. All the artworks will be fi nancial talents and tourists. necessary offi ce facilities and fi nancial district can become Wang Hua, head of the Lujia- According to the plan, an distributed throughout 40 Through this project I hope supporting facilities, but also an important driver to foster zui Financial City Authority. Monday, September 5, 2016 CHINA DAILY 34 SHANDONG SPECIAL Trade specialists a boon to local enterprises

By ZHAO RUIXUE [email protected] 714

Despite a global economic billion yuan slowdown, Shandong prov- the value of Shangdong’s ince’s new trade facilitation foreign trade in the fi rst half measures have led to a 2.4 of 2016 percent year-on-year increase in foreign trade in the fi rst half of this year. “Among the top 10 prov- 2.4 inces in foreign trade, Shan- dong is the only one that had percent growth in the three areas of the year-on-year growth of trade volume, exports and foreign trade for the same imports,” said Lyu Wei, dep- period uty chief of the Shandong Commerce Bureau. During the first half of Statistics from the bureau this year, the 21 foreign trade show the province’s foreign companies’ export business trade totaled 714 billion yuan reached 8.55 billion yuan. ($107 billion) in the fi rst half Shandong has also Weiqiao Textiles based in Shandong province is China’s leading exporter of textile products. JU CHUANJIANG / CHINA DAILY of this year. Exports amount- launched a series of mea- ed to 417.79 billion yuan, a sures to promote cross-bor- year-on-year increase of 2.7 der e-commerce. A total of percent and imports reached 26.74 billion yuan worth of 296 billion yuan, up 2 per- trade was conducted through cent. cross-border e-commerce Opportunity in G20 investment The growth can be partly platforms during the first attributed to the cultivation of half of this year, an increase specialized companies which of 27.3 percent year on year. The world’s leading economies see great value in doing major deals with Shandong help manufacturers conduct Another government mea- foreign trade business. sure to facilitate trade has Zhang Yi, general manager been giving more autonomy By JU CHUANJIANG According to the bureau’s In May, a $1 billion alumina the amount in the same period of Shandong Wanlin Package to oil refi ning companies in [email protected]. statistics, Shandong’s enter- project built and partly funded of last year. Of that amount, Co Ltd, had never expected to importing crude oil. cn prises have invested in more by China Hongqiao Co went German companies pledged have such a big market out As more local oil refi ner- than 4,000 projects overseas into production in Indonesia. and actual investments in the of China. The company was ies have been given approval ecause of the comple- in more than 140 countries and The project is designed to have province increased by 5.7 times already a major provider of to import crude oil, those mentary nature of regions, and the G20 members an annual output of 2 million and 8.1 times. packages for many Chinese imports reached 22.23 mil- modern industrial have become important desti- tons. According to the commerce brands, including dairy giant lion tons during the fi rst half Bstructures, invest- nations for investment from Yuhuang Chemical Group bureau, by the end of 2015, 203 Yili. of this year, generating 38.86 ment between Shandong Shandong. invested $1.5 billion in build- Fortune Global 500 enterprises Last year, the company billion yuan in revenue, 2.4 province and G20 members In the fi rst half of this year, ing a methanol project in had invested in 642 projects in assigned its foreign trade times more than the same became more active during Shandong businesses invested Louisiana, in the United Shandong, with $15.3 billion business to Qingong period in 2015. the fi rst half of this year. in 12 large overseas projects, States. With annual produc- worth of agreed investments. International Trade Co Ltd, Promoting trade with coun- Shandong’s investment in with investment totaling $6.39 tion capacity of 1.8 million Of these projects, 80 percent a provider of comprehensive tries along the Belt and Road G20 members grew rapidly in billion yuan ($1.04 billion). tons, it is expected to begin are from G20 members. Last foreign trade services. routes also helped Shandong’s that period, while businesses On April 1, for instance, production in 2017. About 70 year, sales revenue generated “Qingong is like a manager foreign trade grow. from those economies con- the Shandong Ruyi Group percent of the products will be from these projects totaled $33 for us,” Zhang said. “It not Exports to countries along tinued to invest in Shandong, announced the acquisition of exported to China. billion. only brings us more orders the routes reached 116.5 bil- with several major new proj- the SMCP Group in France. More companies are opti- “Projects from Fortune from new markets, but saves lion yuan during the fi rst half ects landing in the province. The deal cost Ruyi $1.47 billion. mistic about the overseas ser- Global 500 enterprises help us a lot of costs in conducting of this year, an increase of 11.5 Statistics from the Shandong SMCP mainly operates in the Expanding two- vice industry. In the fi rst half promote industrial upgrading foreign trade.” percent year-on-year. Of that, Commerce Bureau show that luxury fashion market, owning way investment of this year, investment from and economic restructuring in Qingong is one of 21 lead- exports to the Association in the first half of this year, the Sandro, Maje and Claudie Shandong enterprises in the Shandong,” said Li Guangjie, ing enterprises in Shandong of Southeast Asian Nations businesses from Shandong Pierlot brands. between Shandong foreign service sector reached director of the Shandong Acad- that provide foreign trade increased 8.2 percent and invested more than $8.4 bil- Yanzhou Mining Group, $2.89 billion, 3.9 times more emy of Social Sciences Institute services. those to Russia increased 64 lion overseas, with 70 percent which began investing in Aus- and the G20 mem- than in the same period last of International Economy. During the fourth session percent. going to G20 members. tralia 12 years ago, has invested year, according to the bureau Shandong has become a of the 12th National People’s Huang Shuren, vice-presi- As the global business com- $4 billion there and obtained bers has become a of commerce. hot investment destination Congress in March, Premier dent of Yantai International munity is generally optimistic 5.3 billion tons of coal resourc- Yantai Nanshan Group for South Korean enterprises. Li Keqiang called for the Container Terminals Co Ltd, about the investment environ- es, with an annual output of win-win measure bought $170 million worth Nearly 5,000 South Korean development of enterprises said the number of contain- ment in Shandong, 19 Fortune high-quality coal of more than of shares in Virgin Australia companies — including Sam- that provide comprehensive ers sent to South Korea from Global 500 enterprises in G20 4 million tons. It is now Austra- for both.” Holdings Ltd, a low-cost air sung, SK, LG, Lotte, Doosan foreign trade services. the company’s terminals saw members invested in 31 proj- lia’s largest independent coal carrier. and Hyundai Heavy Industries Since then, the local gov- a year-on-year increase of ects in the province in the fi rst company. Guo Shuqing, governor of Meanwhile, more enterpris- — have invested in the prov- ernment launched measures 10 percent during the first half of this year. More manufacturing enter- Shandong es from G20 members have ince. to encourage comprehensive half of this year, thanks to “Shandong has many prises have begun to invest increased their investments in Samsung’s printer produc- foreign trade companies to the China-ROK Free Trade advantages in cooperating overseas, spending $3.28 bil- Shandong. tion base in Weihai produces provide import and export Agreement. with G20 members,” said Guo lion on overseas projects dur- In the fi rst half of this year, 10 million printers every year, services for manufacturing Cashing in on the FTA, Shuqing, governor of Shan- ing the fi rst half of this year. 70 Shandong attracted $9.38 bil- and is now the company’s larg- enterprises so that they can Shandong has developed dong. “Expanding two-way The projects are in energy, lion in actual foreign invest- est overseas production facil- focus more on production China-ROK industrial and investment between Shan- mineral products, home appli- percent ment, an increase of 8.1 per- ity. Doosan has invested in a than trade. demonstration parks in Yan- dong and the G20 members ances, equipment manufactur- of Shandong’s overseas invest- cent year-on-year. Investment project in Yantai that has made “As a new business model, tai and Weihai to promote has become a win-win mea- ing, textiles and garments, rub- ment went to G20 members in from European Union coun- that city China’s largest excava- the foreign trade companies cooperation. Distribution sure for both.” ber and chemicals. the fi rst half of this year tries totaled $1.04 billion, twice tor production base. have greatly helped the small centers for commodities and medium-sized enterpris- from the countries along the es in tapping overseas mar- Belt and Road routes have kets,” said Cai Peian, an offi - been built in , Yantai, cial at Shandong Commerce , Weihai, Rizhao and Innovation drives Shandong’s economic growth Bureau. Linyi to boost foreign trade.

By ZHAO RUIXUE “In addition to developing new prod- ucts to meet customers’ demands, we A privately owned plant that was on are exploring new marketing methods,” the verge of bankruptcy 35 years ago said Gao Jianping, an executive at the has now developed into a renowned Shandong branch of China National bio-engineering company thanks to its Petroleum. “Innovation is carried out commitment to innovation. in every area of our work.” Pointing at piles of corncobs at the Gao said the company is also promot- company’s headquarters, Tang Yilin, ing the fuel online, where sales reached chairman of Jinan Shengquan Group, 6 million yuan in May. said they were the source of the com- In March, Shandong received approv- pany’s wealth, but if there had been no al from the State Council to build a innovation and technological improve- national innovation demonstration ments, the source would have dried up. zone. The zone is designed to cover “Innovation, research and develop- six high-tech industrial parks in Jinan, Construction machines produced by Shandong Lingong ment are the soul and lifeblood of our Qingdao, , Weifang, Yantai and Construction Machinery Co are exhibited at a bauma show in company,” Tang said, adding that the Weihai. Germany. JU CHUANJIANG / CHINA DAILY company spent 150 million yuan ($22.5 In the zone, government intervention million) on innovation each year in a will be further reduced to create a more bid to develop new value from corn- Workers assemble a Foton car at the company’s plant in Weifang. Production at the amicable environment for innovation cobs. Currently, elements extracted facility is projected to reach 2 million units by 2020 . WANG QIAN / CHINA DAILY and entrepreneurship, according to from corncobs, such as furfural and local offi cials. fi bers have been used to produce more To attract talent for innovation, the than 100 kinds of products. Thanks to their efforts, 135 enter- reform depends on whether it can meet province released a series of measures Shengquan is among thousands of prises in Shandong saw their revenues the demands of the market and soci- including fi nancial support, as well as enterprises, both privately owned and exceed 10 billion yuan ($1.5 billion) last ety,” said Zhang Xinwen, director of the a package of support policies cover- State-owned, in Shandong province year, of which nine exceeded 100 bil- Shandong State-owned Assets Supervi- ing children’s education, household that are seeking development through lion yuan. Fifty-one Shandong-based sion and Administration Commission. registration, spouse’s work and social innovation, as the local government enterprises have been listed in the top Since May, the Shandong branch of security for professionals who work in encourages enterprises to explore sup- 500 enterprises in China in terms of China National Petroleum Corp has the province. ply-sided reforms. revenue. presented a new energy-effi cient fuel Shandong has about 360 postdoctor- Statistics from the Shandong pro- A major part of Shandong’s economy, to users in 12 cities across Shandong. al research centers for professionals to vincial government show that 4,156 State-owned enterprises are carrying Jointly developed by the Shandong do R&D in a variety of fi elds, including innovation projects were implemented out innovation-driven reforms to better branch and BASF China, the fuel oil new energy, environmental protection, last year, creating 740 new products and fi t into markets. is said to be more environmentally machinery, electronics, petrochemicals, Samsung’s printer production base in Weihai is the company’s 517 new technologies. “Whether an SOE makes a successful friendly. biopharmaceuticals and healthcare. largest overseas production facility. PROVIDED TO CHINA DAILY CHINA DAILY Monday, September 5, 2016

JIANGXI SPECIAL 35 Setting the stage for sustainable development Start off for Red Trip

Province striking balance between GDP growth and ecological protection An AC311A manufactured by the Aviation Industry Corporation of China prepares to take off on Aug 16. The helicopter’s trip By REN JIE marked the inauguration of AVIC’s helicopter fl ight from [email protected] Nanchang, capital of Jiangxi province, along the route of the Long March, which it has introduced to commemorate the 80th iangxi province in East anniversary of the Long March. PROVIDED TO CHINA DAILY China has developed a green economy, con- J trolled water pollution, especially in its rivers, and con- Building more structed ecological systems to improve the local environment. Its eff orts are very much in keeping with the precepts of than roads in its sustainable growth and eco- logical development that is discussed at the ongoing G20 Summit in Hangzhou. steps to wealth The province has witnessed stable economic growth in the first six months of this year, By REN JIE with GDP growing 9.1 percent year-on-year, according to the Transportation is one of Anhui Hubei provincial statistics bureau. Its the key challenges facing total GDP was more than 782 countries as they attempt to Z billion yuan ($117 billion), the combat the current global 200 km Nanchang bureau said. economic slowdown. CHINA DAILY Jiangxi’s GDP growth was It is one of the issues dis- above the national average lev- cussed by the G20 leaders Jiangxi el, which stood at 6.7 percent in that are gathering in Hang- the fi rst half of this year. zhou to iron out innovative The province’s stable eco- approaches to boost global nomic growth is in line with trade. the precepts of environment A staff member at New York listed Jinko Silicon, which is based in Shangrao, Jiangxi province. The province has strengthened eff orts to As an old Chinese saying governance and ecological pro- develop the high-tech sector in a bid to better preserve its ecology and environment. ZHUO ZHONGWEI / FOR CHINA DAILY goes, yao xiang fu, xian xiu tection. lu: Building roads is the fi rst Jiangxi’s ecological envi- step to wealth. ronment has also been rated and lakes, and build artifi- statistics bureau said. products, such as gorgon fruit, East China’s Jiangxi prov- highly, and the forest coverage Jiangxi cial wetland systems to help In addition, the government which comes from an aquatic ince has introduced a num- in the province remains above economy gains restore the lakes’ ability to has encouraged enterprises plant. ber of innovative measures Jiangxi will 60 percent. self-purify. and businesses to develop a The fruit is said to have anti- to improve its transportation become a regional The local government aims momentum in H1 A wetland park was estab- green economy, which includes infl ammatory properties but it infrastructure and boost its to make Jiangxi a model for lished around the lake, mak- developing the tourism sector, requires abundant clean water economy, and such steps center providing other provinces in ecological ing it an ideal environment and activities such as planting in order to thrive. might be instructive for world protection and overall develop- GDP growth for birds and a magnet for cost-eff ective crops and build- Thanks to local government leaders in their deliberations. general aviation ment. “The key is to establish tourists. ing photovoltaic power plants. measures, the fruit is being It is aiming to develop its ecological systems that benefi t 9.1% 782.7 The government’s invest- extensively cultivated in the comprehensive and mul- services.” society,” said Lu Xinshe, Party billion yuan ment in sustainable ecosys- Green development county of Yugan. tifunctional transport net- Yang Guiping, director of chief of Jiangxi. tems has helped the province Wanli district in Nanchang, “The income from one plant- works through promoting Jiangxi Offi ce of Science and To this end, the government maintain its steady economic near Poyang Lake, one of the ing of gorgon fruit can double aviation, high-speed roads Fixed asset investment Technological Industry of has invested heavily in water growth, and the province has key lakes in the province, has a that from two plantings of rice,” and railways, ports and ship- National Defense resources protection, and also become a hot spot for for- history of environmental pol- said Liu Shanyu, an official ping channel construction. worked to create a business eign direct investment. lution due to the local focus on with the Yugan local govern- environment where the green 14.1% 878.7 In the fi rst half of this year, animal husbandry. ment. Aviation Jiangxi had invested 223 bil- economy can fl ourish, and its billion yuan more than 330 overseas busi- With more than 600 pig “The county began to expand With planned total invest- lion yuan to develop its traffi c efforts are showing signs of nesses decided to invest in farms covering the district, the the planting of gorgon fruit in ment of around 10 billion infrastructure, said an offi cial success. Jiangxi, with total contract lake became polluted and for- 2014, and this year the planting yuan ($1.5 billion), Huaxia with the provincial depart- Lai Guogen, vice-mayor Contractual value from value of $4.16 billion, up 13.6 est areas were decimated. In area will hit 13,333 hectares. Jiuzhou General Aviation Co ment of transportation. foreign investors of Yichun, said the city used percent from the same period 2009, the government began Some investors have injected held its opening ceremony in In addition, the express- natural methods to ensure the last year, the statistics bureau encouraging local people to 500 million yuan to build an Nanchang, the capital city of ways have improved Jiangxi’s cleanliness of the water in its 13.6% $4.16 said. protect the lake and forests industry garden,” he said. East China’s Jiangxi province, connection with other prov- 1,830 reservoirs: a range of fi sh billion The province’s actual utilized and it began developing the In the first half of this on Aug 16. inces, allowing people to trav- species capable of keeping the foreign direct investment was eco-tourism sector. year, Jiangxi’s foreign trade Huaxia Jiuzhou, whose el from Nanchang to other reservoir clean were added and $5.7 billion, rising 11.5 percent The pig farms have now improved despite the slug- registered capital is 400 mil- nearby provincial capitals allowed to develop naturally. Actual utilized FDI year-on-year, and it has grown been replaced by new forested gish global economy. The total lion yuan, becomes Jiangxi’s by expressways within five “We cannot wait until the for six consecutive months. areas, and the coverage rate import and export value was fourth general aviation com- hours. water becomes polluted before 11.5% $5.7 More than $3.8 billion of FDI now stands at 73 percent. More 138 billion yuan, almost equal- pany, following Changjiang During the 13th Five-Year we take action,” Lai said. billion went into the manufacturing than 3 million tourists visited ing last year’s figure, accord- General Aviation, Jingdezhen Plan period (2016-20), the In Nanchang, the provincial industry with contractual value Wanli in the fi rst six months of ing to the provincial statistics branch of Shanghai Heli Gen- government will focus on capital, the government has of $2.94 billion. this year, bringing in around 1.1 bureau. eral Aviation and Tianxiang updating the major express- prioritized the restoration of Manufacturing industry The communication equip- billion yuan. The export value was 107 bil- General Aviation. ways that connect with other the ecological system of rivers, ment and electronics manu- Locals living close to Poyang lion yuan, falling 4.2 percent The founding of Huaxia provinces and improving lakes and wetlands. facturing industries also saw Lake have found other ways year-on-year, but the decline Jiuzhou is an important step public services. More than one-third of the $2.94 signifi cant funds. besides the tourism industry to was less severe in the second in the province’s plans to “Jiangxi will promote col- capital’s area is covered by The growth of indus- improve their livelihood thanks quarter. develop a local civil aviation laboration with cities and 66.5% of the billion rives and lakes, and the gov- province’s foreign trial added value in the first to the country’s green initiatives. Exports to the United States, industry. Among the plans provinces in the Yangtze Riv- ernment has invested around contractual value six months of this year also The growing number of visi- one of the province’s major are proposals to open around er Delta,” said Li Qinghong, a 20 billion yuan to improve the Source: Jiangxi Information Office increased 9 percent to 328.1 tors has led to the increasing trade destinations, increased 20 general aviation airports member of Jiangxi Develop- environment around its rivers CHINA DAILY billion yuan, according to the popularity of local specialized 7.2 percent year-on-year. by 2020, with a projected ment and Reform Commis- total income of up to 40 bil- sion. lion yuan. The province will use the “Jiangxi will lead the Hukun (Shanghai-Kunming) country’s general aviation High-Speed Railway to pro- manufacturing industry, and mote the tourism, logistics School breaks mold to prepare students for ever-changing world become a regional center and cultural sectors, Li added. providing general aviation By REN JIE classes were jointly run by students for jobs in hot sec- services,” said Yang Guiping, Shipping and ports 21 companies and vocational tors. Students have then been director of Jiangxi office of Jiangxi will construct a Xiao Li is one example of a schools, which aimed to train employed directly by those Science and Technological multifunctional river trans- student that has benefi ted from talent according to enterprises’ enterprises on completion of Industry of National Defense. port network that will allow the forward-looking and inno- specifi cations. their courses. “The number of business- it to gain maximum ben- vative vocational education Vocational schools have also More than 1,000 students es operating in the general efit from its rich marine on offer in the city of Xinyu, worked to modify and develop studying photovoltaic tech- aviation sector in the prov- resources. Jiangxi province. their curricula to meet the nologies have been employed ince will increase to 15 by The province will promote Xiao knew that in order to changing needs of employers. by collaborating new energy the end of 2020, with the its water transportation abili- be properly prepared for the Some companies have even businesses since 2008. number of registered gen- ties through the construction modern workplace, he needed built plants and production In close cooperation with eral aircraft exceeding 200,” of shipping channels and both a practical and a theoreti- lines on school campuses to technological enterprises such Yang added. ports, said Wang Aihe, an offi - cal education. It was this blend facilitate even closer links and as China Mobile, Huawei, Hai- In addition, the Jiangxi cial with the Jiangxi transport that gave him the confi dence Students hard at work at Jiangxi College of Engineering. More than improve training and educa- er Group and Foxconn, Ganxi government has cooperated department. he needed when it came to 500 companies have cooperated with the college and 163 practice tion. Vocational Institute of Sci- with the Aviation Industry “By the end of 2020, securing a decent job after leav- and training bases have been built outside the college. More than 500 companies ence and Technology began Corporation of China to build Jiangxi will have constructed ing school. PROVIDED TO CHINA DAILY have cooperated with the offering courses including the province into a national 795-kilometers of high-level Studying at the Jiangxi New Jiangxi College of Engineering robotic technologies, fi nance, general aviation center. shipping channels,” Wang Energy Technology Institute and 163 practice and training and law and digital media, and added. in Xinyu and majoring in pho- them skills not found in text- participated in the program. bases have been built outside trained students according to Road and rail In addition, the province tovoltaic materials, Xiao was books. Roughly 600 students the college. enterprises’ requirements. The two new expressways will strive to provide strong one of the 190 students at the Jiangxi New Energy Technol- in 11 major subject areas Computer manufacturers Xinyu has witnessed huge that opened to traffic in transportation support for school that took part in an ogy Institute is not, however, have benefited from the Great Wall and opened growth in the vocational educa- January mean there are now the Yangtze River Economic apprenticeship pilot program the only school that sends stu- program, according to Hu plants in the school in order to tion sector as schools look for 5,088-kilometers of express- Belt. to work for a number of well- dents to enterprises to work as Shaohua, Party chief of Xinyu enhance cooperation and forge more innovative methods to way in Jiangxi, which is close The Port of Jiujiang will be known new energy enterprises, apprentices. Education Bureau. closer links with students and prepare students for a rapidly- to the province’s year-end constructed to have a freight- such as LDK Solar, Risun Solar Since Xinyu began promot- Xinyu has also tried many potential future employees. changing economy. goal, which is to have in handling capacity of more Energy and Jinko Solar. ing the apprenticeship pilot other ways to strengthen the The college has, in col- To date, 11 vocational schools operation more than 6,000 than 100 million tons, and the The students were paired program in 2011, seven col- links between enterprises and laboration with enterpris- in Xinyu have trained more kilometers of high-speed Port of Nanchang will have with experienced mentors at leges and institutes in the vocational schools. es, launched a number of than 300,000 skilled workers, roads. a similar freight-handling the companies, who taught city and 13 companies have Twenty-seven training training classes to prepare said Hu. By the end of last year, capacity. Monday, September 5, 2016 CHINA DAILY 36 QINGDAO SPECIAL Local model off ers possible solutions to global problems

Innovation and imagination pay dividends as they show how economy can be boosted A panoramic view of Qingdao in East China’s Shandong province which is determined to become a leading wealth management city. YAN ZHENDONG / FOR CHINA DAILY

By XIE CHUANJIAO By the end of the second quarter, [email protected] the total amount of direct financ- ing, including initial public off erings As G20 leaders meet in Hangzhou and bonds, reached 71.9 billion yuan Financial sector set to drive city to regional hub to discuss potential reforms to the ($10.7 billion), increasing by 50 bil- global fi nancial system amid the cur- lion yuan year-on-year, according rent economic slowdown, a coastal to sources at the Qingdao Financial By XIE CHUANJIAO among the fi rst to adopt this new city in East China’s Shandong prov- Aff airs Offi ce. fi nancing channel, said the measure ince could provide them with plenty A total of 353 companies have been In June, Haier Group, a leading 29.4 Jinan has given the company new access Qingdao of material for discussion. listed on the Qingdao Blue Ocean maker of home appliances head- to low-cost fi nancing. The interest The city already has a foreign advo- Equity Exchange, a regional equity quartered in Qingdao, Shandong billion Shandong rate in China is about 4.5 percent, cate in the shape of former French trading market. province, completed the purchase profi ts generated from the fi nancial while in the ROK it ranges from 3.8 prime minister Dominique de Ville- There are also many other overseas of GE Appliances for $5.58 billion. sector during H1 of 2016 percent to 4 percent. pin, who attended the China Wealth projects receiving fi nancial support Sixty percent of the purchasing fund Jiangsu The range of new measures have Forum held in Qingdao in early June. from the city. was backed by China Development banks hit 1.26 trillion yuan, and 1.4 led to the establishment in Qingdao After touring the city, he noted: The Bank of Communications Bank’s Qingdao Branch. trillion yuan respectively, rising 13.1 200 km of the first foreign-owned wealth “Qingdao’s financial reform will Qingdao Branch joins the Banco The deal highlights the increas- percent and 11.49 percent respectively. CHINA DAILY management company and first stimulate fi nancial innovation and BBM Bank in Brazil in off ering fi nan- ing strength of Qingdao’s fi nancial Meanwhile, the ratio of nonperform- asset-fi nancing consumption com- reform in Shandong — and even cial services totaling $90 million to sector as the city moves full steam ing loans dropped 0.3 percent to 1.74 pany. across China. Qingdao’s geographical support CRRC Qingdao Sifang’s rail- toward its goal of becoming a signifi - percent. There are now 229 fi nancial insti- closeness to Japan and the Republic way project in Sao Paulo, Brazil. cant wealth management hub. The insurance sector’s accumulated tutions operating in Qingdao, 25 of of Korea, its historical connection The Bank of China Qingdao In February 2014, the city was premiums reached 19.1 billion yuan, a which have legal representatives. with Germany and its great potential Branch has granted non-fi nancing approved by the State Council, China’s 45.2 percent increase compared with QINGDAO NEW LOANS There are nearly 500 fi nancial com- in many economic sectors expand letters of guarantee with a total value cabinet, to build the Qingdao Wealth the same period last year. IN H1 2016 panies in various forms, including the space for investment. of 24 million yuan to Qingdao Hui- Management Financial Comprehen- “The central government has given asset management companies. “The fi nancial service that stresses jintong Power Equipment, beefi ng sive Reform Pilot Zone. its full backing to Qingdao’s fi nancial Key projects in Adjacent to the picturesque sharing is a key factor. I believe in up its market growth in Pakistan, “Qingdao’s fi nancial sector has been reforms, which has played a signifi - Qingdao Laoshan Mountain, Jinjialing the importance of innovation and Myanmar and Canada. growing rapidly since 2014, with the cant role in the achievements we have grew by 10.3 billion Financial Zone was chosen as the cooperation.” Qingdao has long prioritized inclu- support of the central government and made,” Zhang said. yuan, up 67.42 percent core area for the Qingdao Wealth The development of the fi nancial sive fi nancing to ensure the sector the city’s already developed economy, More than 50 new fi nancial poli- year-on-year Management Financial Comprehen- sector in Qingdao is giving a major benefi ts the majority of its increas- sound infrastructure and appealing cies have been introduced in Qing- sive Reform Pilot Zone. Projects of affordable boost to its real economy. ingly well-off residents. living environment, as well as a slew dao, including mortgaging patents to Over the past two years, it has of rapidly-implemented reforms and obtain loans which benefi t small and housing for local grown rapidly and is on course to measures,” said , mayor medium-sized technology companies residents realize its goal of joining China’s of Qingdao. with fi nancing, and pilot schemes for grew by 18.98 billion leading financial districts. It has London-based research institution QFLP (qualifi ed foreign limited part- yuan, up 112.42 percent attracted more than 170 funds, rais- Z/Yen Group announced as it released ner) and QDLP (qualified domestic year-on-year ing more than 100 billion yuan. the Global Financial Centres Index in limited partner), enabling overseas Wang Zhengrong, general man- Ocean economy, April that Qingdao now ranks 79th investors to convert foreign currencies ager of Shandong Financial Asset among the world’s leading fi nancial into yuan for private equity invest- strategic emerging Management Qingdao, recently centers. ments in China and raise funds to industries, including moved into his new office in the As of the end of June, profi ts gener- invest abroad. ports, wind power and CMB Tower in Jinjialing. ated from its fi nancial sector hit 29.4 In June 2015, Qingdao became the rail transportation “Many fi nancial institutions are billion yuan ($4.4 billion), increasing first of China’s pilot cities allowing sectors hit swarming to build operations in the 8.5 percent year-on-year. domestic companies to obtain loans 21.4 billion yuan area because of its natural environ- The fi nancial sector contributed 6.5 in renminbi from banks in the Repub- Source: Qingdao Financial Affairs Office ment, infrastructure, preferential Former French prime minister Dominique de Villepin (right) talks with Qingdao percent of Qingdao’s gross domestic lic of Korea. policies and the atmosphere of ZHOU YANG / CHINA DAILY Party chief Li Qun during the 2016 China Wealth Forum, which was held in product. Guo Qiang, general manager of dynamic growth in the financial Qingdao from June 4 to 5. PROVIDED TO CHINA DAILY Total loans and deposits in local Sinopal, a local company which was sector,” he said. CHINA DAILY Monday, September 5, 2016

BUSINESS 37

INNOVATION

WANG XIAOYING / CHINADAILY

By WU YIYAO in Shanghai of JIC Books Investment Ltd, a [email protected] cultural investment arm of Where book-readers comprehensive investment Every Saturday, accountant group JIC Group, said book- Liu Xincheng, 28, makes spe- stores have been undergoing meet business partners cial efforts to reach the SiSY- an evolutionary transition. PHE bookstore in central The 1,500-square-meter book- By WU YIYAO in Shanghai Shanghai’s Joy City, a commer- store of JIC Books focuses on [email protected] cial complex, earlier than oth- biographies of business fig- er customers. ures, celebrities, statesmen Zhao Yi, a 20-year-old engi- “You have to arrive there ear- and cultural icons, and hosts a neering student from the Uni- It’s like, you don’t ly in order to secure a (good) cafe, a function room, a library versity of Shanghai for place to read or a seat in the and a gallery. Science and Technology, com- share your mobile cafe within the bookstore. After “The bookstore is more like a pares his shopping list for 1 pm, the entire place is fully space that attracts people with books with his friends in Pop- phone with occupied, and you have to line shared interests, and they can ular Bookmall on Shanghai’s up for a seat, for browsing a talk, appreciate art, listen to Fuzhou Road. The mall hosts others.” shelf, and to pay at the counter,” music, and hold meetings. It scores of bookstores of vari- said Liu. can serve as a gallery that dis- ous sizes. Zhao Yi, an engineering student The bookstore is divided into plays creative works, and it can The sophomore has four from the University of Shanghai three main sections: books offer space for forums and books on his list: Zero to One, for Science and Technology area, cultural area and creative salon. It is no longer just a The Hard Thing About Hard products area. In addition, pure-play bookstore. It is Things, The Innovator’s applications for time man- there is a coffee area and a ‘bookstore plus’, offering a A girl tries her fingers at a chess-like board game designed to develop children's intelligence, at an Dilemma and Big Data: A agement, said that she met “public study” area for many comprehensive space for Eslite bookstore in Suzhou, Jiangsu province. XU CONGJUN / FOR CHINA DAILY Revolution. All of them are her business partner for the young readers such as Liu. guests,” said Liu. about starting up a business. first time in a bookstore when “I even bring my date here. In Hangzhou, JIC Books His friends also have these she was browsing through a We don’t talk much because cooperates with a trust com- Three main versions: X + books versus internet-based outlets books on their lists. book on application program- everyone is reading, and each pany to function as a “book Asked why they do not ing. Her 28-year-old business of us just reads the books we plus financial” destination, or share these books, Zhao said partner Xie Xiaotian was pick. But we don’t have to buy. a community targeting guests Bookstore 1.0: Pure play in not books that are part of the Bookstore 3.0: X plus books. each of these books is like a reading a book on marketing. It feels good when you can who need wealth manage- books. overall offerings at places like, Business model: Profit comes Bible for young students who They both joined a lecture relax, have some quality time, ment services. Business model: Income/profit say, a coffee house or a retailer mainly from X, be they retail, aspire to become entrepre- on entrepreneurship in the read something and learn In Wuxi, the bookstore is comes mainly from book distri- of cultural and innovative prod- real estate developer, or profes- neurs, and they need to read bookstore, and started con- something. It does not cost located in a hotel, thus becom- bution, or sublease of some ucts (such as a gift store, souve- sional service provider (such as them over and over. “It’s like, versing about books on start- much,” he said. ing a meeting spot for the retail space to stationery nir store or a branded stationery a clinic, a branded department you don’t share your mobile ing up. Soon, they found they SiSYPHE is one of the scores “book plus tourism” commu- sellers. outlet). Income also comes store, a theater, a wealth man- phone with others,” said Zhao. both wanted to offer time of branded bookstore chains in nity mainly comprising tour- Ownership: Usually family- from membership fees of a agement firm). Distribution of At Popular Bookmall, management tools to people. China that has been trying to ists. In Beijing, the bookstore owned, private enterprises or reading club at the premises books is complementary to the shelves for startup self-help They discovered their skill balance the need to be profita- opened in a lifestyle complex small-sized businesses. Plus and sales of tickets to book- X business in terms of attracting books host hundreds of varie- sets were complementary. ble with the urge to provide a targeting retirees, adopting a State-owned bookstore chains. reading events. Distribution of consumers and generating ties. Guides for writing up “You are less likely to chat book reader-/buyer-friendly “book plus lifestyle” model, Attached to universities or pub- books contributes a small sales. This type of bookstore business proposals, team- up other readers of fiction, environment. said Liu. lishers. amount to sales revenue and could also be a sightseeing spot building, marketing, net- textbooks or social science Rents at prime commercial “I believe if such models Location: Found often at own- profit. or a tourist attraction. working are among the most titles because you may have properties have been soaring so work well, more capital will er’s own property, or as a small Ownership: Various types. Ownership: Various types. popular categories, said Wang different interests, taste and much in key cities that many enter the market to help book- outlet leased from a landlord, or Some are seeking venture capi- Some are attached to the X’s Yue, a shop assistant. goals. But in the ‘startups’ sec- bookstores had to close down. stores grow,” said Liu. on a street of bookstores. Some tal for expansion. core business group. College students who wish tion of bookstores, you know The survivors are juggling costs Bookstores worldwide have bookstores also serve as text- Location: Often found in a com- Location: Found often in a com- to start up their own business that everyone is struggling and benefits, trying to offer had a difficult time during the book outlets attached to schools mercial complex, an office build- mercial complex, an office build- are among the most frequent with the same ambition and more products and services to 2008 Global Financial Crisis, and publishers. ing, or a department store. ing, a department store, or the readers/buyers of these share the same passion. It is supplement the high cost of, and have been recovering Example: Xinhua Bookstore Examples: Blencre Beijing, SiS- X’s core business venue. books, and sometimes they so interesting that books can and low profits from, selling since the past two years, with YPHE and JIC in Shanghai; Examples: Fangsuo Commune buy more than ten copies for link up people,” said Ruan. books. some outperforming others. Bookstore 2.0: Books plus X. Librairie Avant-Garde in Nanjing; in Guangzhou; Eslite in Suzhou; entrepreneur club members Chen Shaomin, founder of According to a research note But all the market players Business model: Income/profit Xiaofeng Bookstore in MUJI in Shanghai. in their college, according to the Beijing-based Belencre from China Galaxies Securities, have been pondering how they comes mainly from sales of X, Hangzhou. WU YIYAO Wang. bookstore chain, which has gross profit of book distributors could battle the electronic The “startups” section in more than 20 stores, said is about 10 percent, while that books or e-books, online sales, bookstores has also become that the “community-build- on creative products such as and e-book readers... all these an “offline” corner for future ing power” and the interac- notebooks, stationery, T-shirts mean there are fewer readers entrepreneurs to meet their tions that brick-and-mortar and canvas bags could reach 50 and lower sales at brick-and- going to open restaurants in plan its specific lectures and Daikanyama T-site hosts not partners, said regular book- bookstores create are exactly percent, while bookstore cafes mortar bookstores. bookstores. In the UK, book reading events to meet only bookstores but a DVD readers at bookstores. the benefits that online mar- could see 75 percent margins. Barnes & Nobel, the largest retailer chain Waterstones demands from readers in vari- Ruan Fang, a 32-year-old ketplaces for books may not Liu Gui, managing director book retailer in the US, is enables each of its stores to ous neighborhoods. In Japan, SEE “BOOKSTORES” PAGE 39 developer of be able to offer.

INTERNET Line hunts for M&A with $1.3b IPO war chest, aims to be one-stop shop

By BLOOMBERG in Singapore possible targets across the spend at least five times as tures with local firms or swal- globe. The idea is to build 550 million much time on the app as they low them whole. Line Corp plans to use part Line into a “smart portal,” do on , and their “Integrating payments and of the $1.3 billion it garnered supplementing its mainstay WeChat users globally who use activities range from chatting commerce services — some- from last month’s initial pub- features of chatting, stickers the app for many things like to reading news and ordering thing we’ve already seen very lic offering to bankroll acqui- and games with commercial hotel-booking and shopping food. That creates data the successfully through WeChat sitions of content and services such as food delivery, company can use to better in China — is a big opportuni- technology, transforming its job searches and travel reser- understand its customers. ty for messaging apps,” said messaging service into a one- vations in main markets. deciphers, and acts on, spoken Line in April announced the Jack Kent, an analyst with stop shop for Asian social “We are very open-minded commands. The popular por- launch of an AI research lab, IHS Markit Ltd. “But it’s not media users. about the size and geography” table speaker can hail taxis or and funds from the IPO could the same as launching a game Japan’s most popular mes- of potential acquisitions, buy more shampoo, by analyz- allow it to buy startups that or content service, which saging service is gunning for Idezawa said. “What’s impor- ing a user’s shopping prefer- speed up development. scales easily. When you’re companies in areas ranging tant is that they are the right ences and history. Tencent Beefing up the platform integrating payments, taxi from artificial intelligence fit.” Both the business and the Holdings Ltd’s WeChat is with more commercial servi- hailing or other forms of chatbots and advertising to talent that comes with it are A customer uses WeChat to pay at a Carrefour outlet in increasingly woven into the ces requires close ties with retail and commerce services, video streaming and games, important criteria, he said. Shenzhen, Guangdong province. CHAI SHIJUE / FOR CHINA DAILY fabric of its about 550 million local partners like retail those are done at a local level.” including those with aug- Messaging services globally users’ daily lives in at least 200 shops, taxi companies or As part of ongoing efforts to mented reality features, CEO have become prime mobile countries and regions, letting banks, especially in develop- be more than just a messaging Takeshi Idezawa said in an destinations as they incorpo- book Inc’s Messenger will Ask, an analyst with Forrester them book hotels and buy ing countries such as Indone- app, Line has teamed up with interview. rate functions beyond simple evolve into “virtual agents” Research. products from a single app. sia and Thailand. That’s local partners in Southeast The Tokyo-based company chatting, such as media that provide services well She said one example of Line has the potential to where the IPO cash war chest Asia such as motorbike taxi has assembled a dedicated streaming and online shop- beyond communication in such technology is Ama- offer the same and possibly comes in, which may allow team to scope out and review ping. Apps like Line and Face- three to seven years, said Julie zon.com Inc’s Echo, which more. Its users in Japan Line to invest in joint ven- SEE “APP” PAGE 39 38 WEIFANG SPECIAL Monday, September 5, 2016 CHINA DAILY

Incubators Life support zone for innovation help nurture startups so Internationalization strategy seen as way to develop Shandong’s high-tech sector they thrive

By ZHUAN TI By TANG ZHIHAO [email protected] Hebei Virologist Zhang Guohua Jinan decided to base his biosci- stablished in 1991, Weifang ence business in Weifang Weifang High-Tech High-Tech Industrial Devel- Industrial Devel- Shandong opment Zone after he visited E opment Zone has the public service platform achieved outstanding results in the Weifang Biomedical in promoting innovation and Jiangsu Industrial Park in 2011. high-tech industrial upgrading Zhang, chairman of the in the past two decades. 200 km board of MGD Biotech Co, However, it took the Shan- CHINA DAILY said that the service platform dong-based national devel- has all the necessary equip- opment zone a while to get The three refers to the three ment and facilities required going, according to Chu Bao- incubators in the valley, which to turn research results jie, director of communica- are Yanyuan High-Tech Park, into reality. For instance, it tions at Weifang and secretary supported by Peking Uni- includes a business accelera- of the zone’s Party Working versity; the CAS (Weifang) tor, pilot platform, academic Committee. Innovation Park and Tuspark communication center and “The zone did not have lead- Innovation Park supported by facilities to attract and retain ing universities and research Science talent. The zone also provides institutions, and it had some Park. fi nancing, tax and legal ser- defi ciencies in the early days,” “Weifang is the only city in vices to companies based on Chu said. “But we created China apart from Beijing to their needs. something from nothing for have three innovation incuba- The development zone high-tech industries, and we tors,” said Zhang Longjiang, is making a name for itself are now striving to be better deputy director of the zone’s among high-tech businesses connected with global high- administrative committee. in China for its well-estab- tech resources to support The one refers to an interna- lished innovation support. innovation in the region.” tional innovation support plat- “Businesses need support The zone has established form jointly developed by the in their initial stages. The fi ve pillar industries, namely zone and some of the world’s zone is a well-equipped sup- vehicle and equipment manu- leading business incubators. port platform which can save facturing, acoustics and opto- The N refers to the valley’s millions of yuan for startups,” electronics, bio-technology, many development institu- Zhang said. software information and tions, including the China The zone’s Weifang Bio- new materials, and there are Academy of Machinery Sci- A technician assembles a product at Shengrui Transmission Co’s 8AT production line. The company in the Weifang High-Tech Industrial medical Industrial Park has industrial clusters for smart ence and Technology. Development Zone broke the monopoly in the Chinese market of foreign transmission manufacturers. PHOTOS PROVIDED TO CHINA DAILY 93 businesses in incubation equipment manufacturing, programs, and in the past bio-health and semiconductor Industrial pioneers few years, 32 companies luminescence products, all of Aiming to enhance the have successfully completed which have played signifi cant vitality of businesses, the zone HIGH-TECH ZONE LEADS REGIONAL incubation programs. It is roles in supporting the zone’s encourages companies to seek CREATIVITY AND DEVELOPMENT also home to 17 large-scale development. There are also opportunities in overseas mar- businesses, including Wohua 10 industrial parks such as a kets and attract foreign tal- Pharmaceuticals and Top software park and bioscience ents. A fund was established ... we created Sunshine Group. park and 26 provincial-level to support companies’ global The development zone industrial bases in the region. expansion strategies. something has four national-level and There are more than 1,000 Shengrui Transmission Co’s three provincial-level busi- technology-driven companies front-engine and front-drive from nothing ness incubators to support in the zone. Among these, 8AT transmission was grant- the development of high-tech more than 50 companies ed a First Class National Sci- for high-tech companies. Nine technologi- have an annual output value ence and Technology Progress 78 36 13.4 24.1 14 industries ...” cal service platforms have exceeding 100 million yuan Award issued by the Chinese been developed to support ($14.97 million). Academy of Sciences on June projects projects percent percent percent industries such as optoelec- The value of the develop- 30. have broken are up for increase in increase in increase in the Chu Baojie, director tronic and bio technologies. ment zone’s high-tech indus- The transmission, developed ground or examination investment in high-tech zone’s total of communications at Apart from Weifang Bio- trial output in the fi rst half of by the company in 2015, is the continued and approval fixed assets output value industrial Weifang and secretary of medical Park, the zone is also 2016 was 23.9 billion yuan, up fi rst of its kind in the world, construction in output value the zone’s Party Working home to Blue Wisdom Val- 24.1 percent year-on-year, and according to Shengrui. The the first half of Committee ley and Software Park Mass fi xed asset investment in the concept is from Germany, the 2016 Entrepreneurship Space. zone has increased 13.4 per- engineering technology from “Our goal is to foster lead- cent year-on-year. the United Kingdom and the ing innovative individuals In April 2016, the develop- management skills of Japan. ties by establishing research cialization of their research Companies in the develop- and companies,” said Ma ment zone obtained approval Shengrui is capable of produc- and development centers in results.” ment zone have established Xiangkun, deputy director of from the central government ing 100,000 8AT transmissions countries including Denmark, There are 800 apartments over 100 representative offi c- 520m the human resources depart- to upgrade to a national inde- annually. The development of Finland, South Korea and the provided free to leading tal- es, marketing centers, and yuan ment of the zone’s Party pendent innovation demon- the 8AT broke the monopoly of United States. Samsung and ents and startup groups, and research and development Working Committee. stration zone. foreign transmission manufac- Apple both use products from there are international schools centers in overseas markets. the amount the The local authorities turers in the Chinese market. . and high-end healthcare cen- The number of international development zone plans established a talent service Innovation platform GoerTek, a leading electro- ters to serve international tal- trademarks registered by busi- to invest in 2016 in 30 offi ce in the Administrative Blue Wisdom Valley is the acoustic components and International outlook ent. nesses in the zone had reached lifestyle enhancement Service Hall of the zone to technological hub in the zone. electrical accessories solution “The foundation for inno- The zone has a 30-million- 721 by the end of August. projects in seven areas, Decision-makers developed a provider in the zone, acquired vative technology is people, yuan compensation fund to The development zone will as its fi rst phase “3+1+N” model to encourage a 12.5 percent interest in the so the zone strives to attract encourage financial innova- continue to support innova- research institutions to work smart wearables company and retain talent,” said Song tions. The local authority tion and the development of with businesses to develop Inc in July, 2015. Chifeng, director of the zone’s hopes small companies will high-tech industries by pro- products based on real mar- The company is strength- administrative committee. be able to get more fi nancial moting further international- ket needs. ening its innovation capabili- “We also accelerate commer- support. ization.

Overseas expansion reaps rewards for Weichai Group Virologist Zhang Guohua (right) By ZHUAN TI Africa will be established after observes a sample of probiotics [email protected] we acquire Dematic,” said with his assistant. Tan. “We are confident this Weichai Group, a major can help solve the oversupply manufacturer of engines for problem.” A global network provide consulting and pro- heavy-duty trucks and con- Weichai has made huge gram application services to struction machinery in China, inroads into the global market that covers talents. hopes overseas investment since 2009. Supporting policies to pro- will support its growth in In 2009, Weichai acquired Europe, America, vide residences, health ser- coming years. Moteurs Baudouin SA in vices and education for their Oversupply has become a France. It acquired a 25 per- Asia and Africa children have been intro- major problem for many Chi- cent stake in the world’s duced to retain expertise. nese heavy-duty truck manu- second-largest forklift maker will be established “All those are necessary to facturers, and the company is Kion Group, based in Germa- after we acquire attract talent,” said Hou Peng, looking to overcome the chal- ny, for 467 million euros ($522 director of the talents service lenge by expanding overseas. million) and a 70 percent con- Dematic.” office of the zone’s human “The most urgent challenge trolling stake in Kion’s subsid- resource department. facing China’s heavy-duty iary Linde Hydraulics for 271 Tan Xuguang, chairman and The development zone truck makers is oversupply,” million euros in 2012. chief executive offi cer of introduced a new talent-sup- said Tan Xuguang, chairman “We are expanding in both Weichai port plan in 2016 to provide and chief executive offi cer of directions along the industrial more fi nancial support to tal- Weichai. chain,” Tan said. “Synergy is ent. In late June, Weichai’s Ger- always a factor that must be “We want to strengthen the man branch company Kion considered before we make zone’s ability to attract talent announced plans to acquire any purchase.” with our supporting policies US logistics company Dematic Tan said Weichai acquired and premium environment for $2.1 billion, the latest move its stake in Kion because for talent development,” Ma in Weichai’s global strategy. Weichai can partner with the Workers operate a Kion hydraulics production line. Weichai Holdings Group purchased a 25 percent Its strategy seems to be said. Tan said the acquisition will latter to support its engine stake in the company in 2012. working as Weichai’s sales The zone invested 1.8 bil- help Weichai reduce depen- business. Dematic will supple- revenue increased 7.1 percent lion yuan ($270 million) to dence on domestic govern- ment Kion with its leading accounted for 57 percent of ment has been so profi table. Xu Hong, Party chief of year-on-year to 21.8 billion develop a technological fi nan- ment investment projects and software and logistic services. the group’s 100 billion yuan Weichai purchased a majority Weichai, said even though yuan in the first quarter of cial service park that boasts promote overseas expansion The investment in Kion ($15 billion) total revenue stake in Italian yacht maker some of its overseas invest- this year. The net profi t of the 147 fi nancial institutions. to relocate its capacity. is proving to have been a in 2015, with the majority of Ferretti in 2012, but it has only ments have not developed as company is 760 million yuan, The zone has exhibited “A global network that cov- good decision. According to overseas income from Kion. started returning a profi t this expected, Weichai had to seek a 50 percent year-on-year strong vitality in recent years ers Europe, America, Asia and Weichai, overseas income However, not every invest- year. new areas of business. increase. thanks to such policies. CHINA DAILY Monday, September 5, 2016 BUSINESS 39

MANAGEMENT Bookstores: Future Connecting strategy and execution business models grow

Paul Leinwand of FROM PAGE 37 am quite impressed with the model that MUJI, a Japanese Strategy& says firms library, a Starbucks coffee zakka — it’s a fashion and going global need to shop and even a pet care cen- design phenomenon — store, ter. follows. In MUJI you have build their ‘capability’ Cheng Sanguo, CEO of Book- food, clothing, bedding, furni- Dao.com, a publishing and ture, coffee and interior By OUYANG SHIJIA Any company, if it book market intelligence infor- designs. and MENG JING mation platform, said the future “Buyers of these can always really wants to of bookstore is “X plus books”. extend their shopping to lifes- With China’s economic “Reading is a solid demand tyle books. This is what we call growth slowing, it is becom- win, needs to but you don’t have to read a the 3.0 version of a bookstore. ing increasingly important book just in a bookstore. You If investors are interested in for Chinese companies to deliver something can grab a book when waiting entering the book distribution gather new capabilities and unique to in a hospital, or choose a reci- market, bookstore 3.0 is a gain more customers, said pe when shopping groceries. I good option,” said Cheng. Paul Leinwand, a senior part- customers...” ner of Strategy&, PwC’s strate- gy consulting business. Paul Leinwand, a senior partner In his definition, a capabili- of Strategy&, PwC’s strategy ty is a combination of process- consulting business App: Line teams up with es, tools, systems, knowledge and people that create a very specific output for a company. Southeast Asian partners Leinwand is a thought lead- er on strategy, growth and FROM PAGE 37 capability building. Three of 71 percent his books were published by on-demand service Go-Jek in Harvard Business Review Indonesia. In April, it also of Android devices are installed Press. His take on slowing entered a joint venture with a with Line in Indonesia. Line is the growth is that profitability of Thai firm that enables users in most popular chatting app in Chinese companies will slow the country to pay for subway Japan as well. The right response to rides, restaurant meals and that would be not to cut prices online shopping through its In Indonesia, Line is to meet growth targets but to app. installed on 71 percent of instead focus on building Leinwand says that there are lots of opportunities for Chinese companies to offer differentiated products and services to the rest of the Last year, it partnered with Android devices, behind capability, he said. world. STRATEGY& / FOR CHINA DAILY a Visa Inc. subsidiary to bol- BlackBerry Messenger’s 86 “Any company, if it really ster payment security, and percent, according to wants to win, needs to deliver bought a Japanese startup researcher SimilarWeb. something unique to custom- about what they are making the type of differentiation. cusses practices for many of the farmers in that provides payments soft- Besides beefing up marketing, ers, something better than for the customers and what “The biggest mistake most connecting strategy and exe- Southwest China’s Sichuan ware. And in January, it analysts say Line’s options in anyone else can provide,”said capabilities they need to exe- international companies cution used by 14 successful province used its washing acquired another Japanese the country include striking the Chicago-based Lein- cute that strategy,” he said. make is that they have the enterprises, including Haier machines to wash potatoes, startup to strengthen its partnerships to add more wand. According to him, there sort of sense their business Group, a major home appli- it spotted a potential rural advertising on mobile devices. local content like news or During his recent China are lots of opportunities for should be equally around ance maker in China. market for a new device and While Line is the most pop- music, and growing its com- visit, he said that two-thirds of Chinese companies to offer the world. Before entering a In Haier’s case study, he went on to produce a potato- ular chatting app in Japan, it’s merce services. Doing so also executives surveyed said their differentiated products and new market, Chinese com- describes how a company washer. runner-up to BlackBerry Ltd’s works toward its long-term organizations do not have the services to the rest of the panies need to understand actually evolves as it adopts “Haier grows around its messaging service in Indone- goal of completing the “smart capabilities to support their world, despite the rising what that market values, capabilities. In his opinion, identity rather than seeking sia, a country with a popula- portal”. strategy. labor cost in China that who are the other competi- Haier kept its promise to its growth in different places tion of at least 253 million. “What these platforms need “Capability is very distinct seems to have weakened the tors in the market and what customers that it will make where it does not have advan- Idezawa said he will continue besides audience is context, or to what that company is price advantage of made-in- capabilities they would need customized appliances. tages,” he said. to focus on Southeast Asia, data about the users. These doing. Actually, there is no China products. (in order to succeed).” He cites the instance of where the number of Line’s platforms need to go wide to one or two capabilities that “I think it’s important for In his new book Strategy how Haier evolved its prod- You may contact the writers monthly active users has risen accomplish that: payments, any company should have. companies to recognize That Works: How Winning ucts based on customer through ouyangshijia@ in recent months, with a focus calendar, maps, etc,” said For- What companies need to do what they are good at and Companies Close the Strate- demand. In the 1990s, when chinadaily.com.cn and on winning the top spot in rester’s Ask. “Messaging plat- is to make sure they are clear which market would value gy-to-Execution Gap, he dis- Haier accidentally found that [email protected] Indonesia. forms are not the end game.”

Auto special All-new Tiguan makes its China debut at Chengdu show

By LI FUSHENG [email protected]

Volkswagen Import’s 16 flagship models are wowing visitors at the ongoing Chengdu Motor Show, with the all-new Tiguan making Volkswagen Import will its Chinese debut. Axel Schroeder, managing director of Volk- move in unison with swagen Import said: “We cannot wait to see the success this new vehicle will have with consumer demand for its new design language, intelligent configu- vehicles, high-end quality rations and forward-thinking connectivity technology.” products and premium These features, combined with its German quality and reliability, mean the model sets a services to enhance the new benchmark in the compact SUV sector, he added. brand’s competitiveness.” The all-new Tiguan features R-line sport package. This perfect match of sporty Axel Schroeder, managing director of dynamic with individualization options gives Volkswagen Import consumers even more from which to choose. Schroeder said, “we are proud to offer this great driving experience of an authentic Ger- App-Connect offers added convenience man-engineered SUV to Chinese consumers”. by allowing drivers to reflect their mobile He added the Chinese auto market has devices on the console and control them. entered a stage of new normal, which is not Equipped with the MIB II Infotainment only challenging but also presents it with System, the model features a larger, higher many new opportunities. Axel Schroeder, managing director of Volkswagen Import, presents the all-new Tiguan at the ongoing Chengdu Motor Show. resolution, touch screen display, which “Volkswagen Import will move in unison PHOTOS PROVIDED TO CHINA DAILY allows passengers to interact with their with consumer demand for vehicles, high- vehicle as well as the outside world more end quality products and premium services conveniently. to enhance the brand’s competitiveness in The driver can rapidly switch between the Chinese market.” three off-road modes, while the DCC adap- Also present at the booth are the Touareg tive chassis control system integrates five Executive Edition, together with the New on-road modes, which suits a variety of driv- Sharan 380 TSI Highline designed for the ing styles and makes it more fun to drive. Chinese family, the innovative Volkswagen The TSI engine and the DSG transmis- Alltrack Premium 380 TSI, the leading sion match each perfectly on the all-new plug-in hybrid Golf GTE, as well as the Tiguan, providing drivers with excellent Beetle 1.4 TSI with its “true me” spirit, power response and fuel efficiency. among others. “It is a highly efficient model, and because of its low cost of ownership and usage, the All-new German-engineered SUV Flagship models of Volkswagen Import hit the stage at the Chengdu Motor Show. From left: the all-new Tiguan, the leading plug-in hybrid Golf all-new Tiguan is an ideal choice for cost- Schroeder said the long-awaited all-new GTE, and the Beetle 1.4 TSI. conscious customers,” said Schroeder Tiguan will appeal to a broad range of cus- Calling the model an all-weather SUV, tomers because it is good for both family he said it provides drivers and passengers and business use, and has good off-road features the R-Line sport package, which Light Assist, Lane Departure Warning, The connectivity technology present in with a unique blend of quality and reliabil- capabilities. includes sport bumpers, and R style spoil- Front Assist, and City Emergency Braking. the model represents the convergence of ity that only a German-engineered vehicle The model is the first Volkswagen SUV er and wheels, which all contribute to its Its “360-degree protection” ensures the the ultimate car manufacturing technol- can give. based on the MQB platform, the company’s sporty dynamic. safety of both passengers and pedestrians. ogy with the newest trends in information “The all-new Tiguan is defining the seg- Modular Transverse Matrix strategy that The SUV is equipped with intelligent During the European NCAP impact test, the technology and social networking. ment, and its predecessor had quite strong standardizes vehicle components and pro- technology that goes beyond the standard all-new Tiguan received a five-star rating. The Car-Net feature allows drivers to sales, so we have correspondingly higher duction processes. It features Volkswagen’s of its segment. Comfort, safety and con- Furthermore, with the LCD Active Info remotely control their vehicle and access expectations,” said Schroeder. “We are look- newest design language that creates a “line venience are taken to new levels, giving Display, Heads-up Display, and touch screen real-time information via the dedicated ing to a strong finish to the year, and the dialogue” effect and boasts excellent pro- drivers and passengers a superior in-car console, drivers can switch among three mobile app. all-new Tiguan will lay a solid foundation portions that give it a fashionable appear- experience, said the automaker. state-of-the-art screens for easier infotain- It also enables drivers to contact the call for the first quarter next year.” ance. The model has best-in-class active and ment access, and enjoy a greater feeling of center at the touch of a button, for informa- In addition, the all-new Tiguan also passive safety features, such as Dynamic control and vehicle safety. tion and roadside assistance. Hao Yan contributed to the story. 40 HONGQIAO SPECIAL Monday, September 5, 2016 CHINA DAILY A world-class business zone in Shanghai

Industry players weigh in on the perks of setting up shop in the Hongqiao central business district

By TANG ZHIHAO I can do all this just by tak- nated the area as a modern in Shanghai ing the train from Hongqiao service integrated pilot zone. [email protected] CBD,” said Wang Zhao, an Between 2012 and 2015, the employee of a trading com- Shanghai government pro- Located in the western part pany in Shanghai. vided a total of 2 billion yuan of Shanghai, the Shanghai The transportation hub also ($300.38 million) in funding Hongqiao central business provides fl ight, bus and sub- support to the zone. district (CBD) is a popular way services. More than 310 In May 2016, the vitality business destination for com- million people passed through of the business district was panies who are keen to seize the hub in 2015. greatly enhanced after the more opportunities in the “Hongqiao CBD is the best launch of a business, tourism Yangtze River Delta region gathering place for business- and culture demonstration and in China. es because it is a world-class zone, as well as a new travel The CBD is a strategic devel- transportation hub, exhibition route in the core area. The opment region in Shanghai hub and business hub. This decision-makers of Hongqiao that supports national strate- is why we chose Shanghai to CBD said that this demonstra- gies such as the Yangtze River be the development base for tion zone will help with the Delta city cluster construction Jungheinrich,” said Alexander development of the creative plan. The zone occupies an Oezbahadir, general manager industries as well as meet the area of 86.6 square kilometers of Jungheinrich China. cultural demands of white-col- and its core area spans 4.7 sq More than 30 other com- lar workers and local residents km. panies, including New York- in the zone. As of June 2016, more than listed Vipshop and German The Hongqiao CBD also 700 companies, including automotive company KSPG has the capacity to host Chinese e-commerce giant AG, will be following in Jung- major exhibitions. The Alibaba, multinational oil and heinrich’s footsteps to set up National Exhibition gas company Shell and com- headquarters or regional offi c- and Convention Center Y IL pression technology company es in the zone. (Shanghai) occupies an A D A Hoerbiger, decided to set up Established in 2009, the area of 1.47 million square IN H C their offi ces in the core area Hongqiao CBD has been a meters and is the world’s / N HE within the Hongqiao CBD, choice destination for many largest single block building G C ON according to the Shanghai businesses because of its and exhibition complex by S Hongqiao CBD Administra- prime geographical location, size. More than 40 exhibi- tive Committee. a well-established transporta- tions were held in the NECC Hans-Georg Frey, Junghein- tion network and aff ordable in 2015. Hongqiao CBD’s advantages rich AG’s chairman, decided to business costs. A series of activities includ- and development concepts. apply and push the process of In addition, Hongqiao CBD ing exhibitions and concerts One of the zone’s key devel- basing the company’s China enjoys strong support from were organized in the CBD in opment concepts includes a headquarters in the CBD after the central and local gov- the past few months, allowing focus on achieving low carbon he took a short walk and dis- ernments which have desig- visitors to learn more about emissions during their con- national-lev- covered how close the zone struction phase. All buildings el green biologi- was to Hongqiao Airport and within the CBD’s core area cal demonstration Hongqiao High-speed Railway have been certified with a zone by China’s Min- Station. two-star rating by the Nation- istry of Housing and The time required to travel al Green Building Evaluation Urban-Rural Develop- on foot from the Hongqiao Standards, while more than ment in 2014. CBD to Hongqiao High-speed 50 percent of the buildings Hongqiao CBD has since Railway Station and Hongqiao have received three stars. its inception launched 21 key Airport is between 7 and 15 Some buildings even have supporting facilities with a minutes. The travel time by a Leadership in Energy and total investment of 6.01 billion rail from the Hongqiao trans- Environment Design qualifi - yuan. Construction of some portation hub to 16 Yangtze cation. of these projects, including River Delta cities, such as About 95 percent of the 352 underground walkways, have Hangzhou and Suzhou, takes buildings in the zone’s core already been completed. less than an hour. area will be completed by the The fi rst combined cooling, “I often visit clients in end of 2016, according to the heating and power supply sys- Hangzhou of Zhejiang prov- committee. tem in China has also been ince in the morning before The underground ways of Hongqiao CBD, which connects offi ce Because of this develop- put into operation in the CBD, meeting another client in buildings, shopping malls and the Hongqiao transportation hub. ment concept, the Hongqiao according to the Hongqiao Shanghai in the afternoon. PROVIDED TO CHINA DAILY CBD was recognized as a CBD committee.

Center (Shanghai) (NECC) in the CBD will be taking mea- sures to ensure that the local Hongqiao a vital element exhibition industry achieves sustainable growth similar to its counterpart in Hanover, Ger- in regional development many. >20 >5 >5 >100 The total exhibition area in the NECC is expected to reach 7 By TANG ZHIHAO Fortune 500-listed Number of large-scaled Number of world-leading Number of million square meters by 2020. in Shanghai Departing from shanghai by rail companies exhibitions with global influence exhibition companies headquarters About 67 percent of the exhibi- tions in the NECC will be held The Shanghai Hongqiao Unit: min in exhibition areas measuring Central Business District, the 100,000 sq m. The CBD also gateway between Shanghai Nanjing 73 plans to host at least fi ve major and the Yangtze River Delta Wuxi exhibitions and at least 30 small region, will play a vital role in and medium-sized ones over supporting the development Jiangsu 35 Pillar for delta’s integration the next fi ve years. of the Yangtze River Delta Furthermore, the CBD world-class city cluster, accord- Suzhou 32 Shanghai will accelerate the process ing to the CBD’s administra- By TANG ZHIHAO gqiao Airport and Hongqiao of developing exhibition- tive committee. in Shanghai High-speed Railway Station, 120 related industries such as Established in 2009, Hon- 27 will be developed into a fi rst- warehouse and logistic ser- gqiao CBD has been posi- Jiaxing The Shanghai Hongqiao cen- class traffic hub that can billion yuan vices and more policies will tioned as a modern service 47 tral business district will focus serve people’s various trans- the annual production output be introduced to support a industry cluster, a new 108 on three key development areas portation demands includ- value of Hongqiao CBD by 2020 high caliber, meeting-focused international trade plat- big transportation, big exhibi- ing transfers and inner-city exhibition industry as well as form, a gathering place for Hangzhou tions and big business as it commuting. The hub will said Min Shilin, executive dep- the development of an exhi- headquarters, trading insti- continues to upgrade itself as be capable of transporting uty director of the Shanghai bition-related professional tutions and economic orga- Zhejiang part of its 13th Five-Year Plan more than 400 million pas- Hongqiao CBD Administra- service industry. nizations and a high-end Ningbo (2016-20). sengers annually by the end tive Committee. For “big business”, Hongqiao business service platform for In addition to these three key of 2020. “Hongqiao CBD is positioned CBD will focus on developing businesses in China. areas, the CBD will also be focus In order to achieve this to be a world-class gathering commerce, trading and exhibi- This positioning means that on “four services” and “fi ve fea- goal, Hongqiao CBD plans to place for businesses and we will tion functions in the next fi ve the CBD will serve Shanghai’s and parts of Jiangsu, Zhejiang tions, including Alibaba, tures” to support the zone’s further upgrade its traffi c net- strive to enhance our transpor- years. industrial upgrading and and Anhui provinces. Eight cit- Keyence and Grundfos have development. work and focus its attention tation network to such a level,” Hongqiao CBD will be a urban layout adjustments, ies in Anhui are new members opened offi ces in the CBD. The former refers to the on the enhancement of traffi c Min said. platform for a headquarters provide strong support to the of the cluster. Looking ahead, authorities role the CBD will play in the services. Eff orts will include According to a draft master economy, meeting and exhi- Yangtze River Delta region’s After more than six years said that the Hongqiao CBD Yangtze River Economic Belt, upgrading road networks to plan released by the Shanghai bition businesses, bonded industrial and economic devel- of development, the Hong will take on more responsi- the development of the city better connect the CBD with government in August, Hong trading businesses, tourism opment and help companies in qiao CBD has become a bilities to support the Yangtze cluster plan for the Yangtze other parts of Shanghai and qiao CBD will establish a and retailing, aviation, cul- the Yangtze River Delta region key platform that provides River Delta city cluster devel- River Delta. the expansion of the metro metro service network where ture and media businesses better seize opportunities on strong support for the opment plan. The latter refers to the fi ve service network to encour- station entrances are located and technology innovation, the world stage. development of the cities “Hongqiao CBD will leverage developmental aspects that the age more people to use public within 600 meters of one according to the 13th Five- The Yangtze River Delta in the Yangtze River Delta three key functions: transpor- CBD will focus on: smart car- transport. another. About 45 percent of Year Plan. city cluster development plan, region. tation, exhibitions and busi- bon development, low carbon “A well-established traf- the CBD will be covered by The annual production out- released by the central gov- Thanks to its extensive ness, which integrate all the development, modern busi- fic network is the standard this network. put value of the CBD is expect- ernment in June, stated that transport network, the trav- available resources to enhance ness innovation development, confi guration of many world- On the exhibition front, the ed to reach 120 billion yuan China is aiming to build a el time by rail from Hong supply capacity of production, industry development and city leading business districts. For plan states that the CBD will ($18.03 billion) by the end of world-class city cluster with qiao CBD to Hangzhou is a business, knowledge and integration development. instance, Manhattan is known play a crucial role in Shanghai’s 2020. The zone is expected to global infl uence by 2030, with mere 47 minutes, and the information services,” said According to the CBD’s for its chessboard-shape traf- bid to become an “international host more than 20 Fortune Shanghai set to play a key role zone has become a popu- Min Shilin, executive deputy 13th Five-Year Plan, the fic network, which ensures exhibition city”. 500-listed companies and in this process. lar destination for major director of the Shanghai Hong Hongqiao Transportation that people can fi nd a metro Min also said that the Nation- more than 100 headquarters The new cluster comprises companies to set up offi ces. qiao CBD Administrative Hub, which contains Hon- station within 1 kilometer,” al Exhibition and Convention by 2020. 26 cities, including Shanghai More than 700 organiza- Committee. CHINA DAILY Monday, September 5, 2016 Markets | BUSINESS 41

MONEY SECURITIES Yuan funds abroad foresee pickup H1 earnings:Down

A net $604 million has a tad but still solid flowed in via an RQFII By CAI XIAO China Oilfield Services Ltd program in the [email protected] made the biggest loss of 8.4 billion yuan during the period. January-July period Interim results of the A-share UBS forecast China’s non-finan- companies for the first half cial earnings will increase by 7.5 showed earnings were strong, percent this year, compared with a By BLOOMBERG which could shore up market this 5 percent fall in financial earnings. year, experts said. Hong Hao, chief strategist at Revived appetite for emerging “A-share earnings growth in the BOCOM International Holdings market stocks and bonds is starting first half has slowed but remained Co, said preliminary earnings of to include China -- and even its cur- solid,” said Gao Ting, head of Chi- A-share companies in the first half rency, the yuan renminbi. na strategy at UBS Securities. are mostly in line with expecta- The China Asset Management “Given a high base in the same tion. Barring the financial services Company has seen more inflows period last year, we see the level of sector, there is some growth. into equity funds that invest off- growth as decent, which will likely shore yuan into mainland equities shore up the market.” since Britain’s June 23 vote to leave As of Aug 31, a total of 2,929 244 billion yuan the European Union. A-share companies had released CSOP Asset Management Ltd had their interim results for the first net profit of Chinese A-share compa- its strongest inflows in 14 months in half. Their net earnings totaled nies listed on the Shenzhen bourse, June to an exchange-traded fund 1.38 trillion yuan ($206.6 billion), for the first six months of 2016 that pumps yuan held abroad into down 4.7 percent year-on-year, China’s sovereign bonds. according to data from the Shang- A net $604 million has flowed hai Stock Exchange and the 7. 5 trillion yuan into China via the Renminbi Quali- Shenzhen Stock Exchange. fied Foreign Institutional Investors An employee at a bank counter in Nantong, Jiangsu province, counts renminbi and dollars. XU JINGBAI / FOR CHINA DAILY Chinese companies listed on the new loans in the first six months of program in the first seven months, Shenzhen bourse -- most of them 2016, up 15 percent year-on-year versus an outflow of $4.1 billion last are small or medium enterprises year, Z-Ben Advisors estimates. Hong Kong at CSOP, which said on institutions. The products suffered or SMEs -- led the A-share market Inflows into stocks have dominated Aug 11 that its China 5-Year Treasury heavy redemptions since the cur- with total net profit of over 244 bil- ”I think the earnings of A-share this year at about $880 million. Bond ETF tripled assets to 2 billion rency’s depreciation last August. lion yuan, up almost 6 percent companies in the second half will “People are looking again at the yuan this year. “The two main rea- This year, China offered a quota of year-on-year. be flat to slightly better than the emerging markets, which were People are looking sons behind it are falling yields in 250 billion yuan to US institutions, For investors grappling with an first half, as the lagging effect from undervalued, China for example,” developed markets and a stabilizing which will lead to more demand for economy where many sectors are the dramatic credit creation in the said Freddie Chen, Hong Kong-based again at the emerging yuan.” yuan products, according to Li Liuy- showing signs of stress, there were first half starts to flow,” said Hong. managing director at China Asset, Morgan Stanley wrote in an Aug 20 ang, a senior analyst at Bank of clear earnings improvement in the New loans in the first half which has used just over half of its markets ... China note there could be a “powerful” Tokyo-Mitsubishi UFJ China Ltd. much-maligned bloated sectors totaled 7.5 trillion yuan, up 15 per- RQFII quota of 21.8 billion yuan ($3.3 catchup rally in Chinese stocks as One thing that could derail the like coal and steel. cent year-on-year, according to billion) and allocated 80 percent to for example.” global investors are again targeting momentum is a stronger dollar. Fed- The steel industry has swung to July data from the People’s Bank of equity with the rest in fixed income. developing nations. While the Shang- eral Reserve Vice-Chairman Stanley a profit. The fall in profits of con- China. Freddie Chen, Hong Kong-based “We have seen a lot more interest” hai benchmark climbed 16 percent Fischer on Aug 21 signaled that a struction materials firms has nar- Hong said overall growth will be managing director at China Asset after the Brexit vote highlighted from a low on Jan 28, that trails a 24 2016 rate hike is still under consid- rowed sharply, according to UBS. in single digits because banks will developed nation risks, he said. percent rise for the MSCI Emerging eration. The yuan, which closed at But the banking sector’s profits have zero or close to zero growth. The inflows will help slow the bond yields have plunged this year, Markets Index. The best-performing 6.68 per dollar on Friday, is forecast fell as lenders will likely be hit by a By Aug 31, 1,095 A-share compa- decline in China’s foreign-exchange they are still high compared with bond fund in China has also said gov- to weaken to 6.75 by year-end, plan that will encourage banks to nies forecast preliminary earnings reserves and support the yuan, negative rates in Japan and Europe, ernment economic stimulus means according to a survey of economists convert loans given to struggling for the first three quarters of the which dropped 3.7 percent in the prompting global funds to boost money may flow from onshore cor- by Bloomberg. Yields on the nation’s borrowers into equity. The swap year. And 729 of them forecast that past 12 months in Asia’s worst per- holdings by the most in two years in porate debt into stocks. 10-year sovereign bonds have fallen plan is expected to be rolled out earnings will rise. formance. They may also add fuel to June. Since RQFII licenses were first 10 basis points this year to 2.72 per- within weeks. The Shanghai Stock Exchange a rally in the Shanghai Composite “Our overseas clients have shown awarded in 2011 to promote the cent. That compares with a 50-basis- Among lenders, Industrial and said in a statement that compa- Index, which is up 5.3 percent this more interest in RQFII lately,” said global use of the yuan, official data point drop in average yields for the Commercial Bank of China posted nies listed on it pay attention to quarter but still down 13 percent for Melody He, head of exchange-trad- show China has granted 508.4 bil- Bloomberg Emerging Market Local the largest earnings in the first supply-side reform and operate 2016. While the nation’s sovereign ed funds and index solutions in lion yuan in quotes to 169 financial Sovereign Index. half of 150.2 billion yuan. their businesses well.

Auto special Lexus powers ahead with uniquely Eastern dynamic balance

By HAO YAN a dominant position in the [email protected] country’s hybrid luxury seg- MILESTONES ment, with almost 80 percent IN CHINA With its robust sales out- of sales. Hybrid models con- pacing its competitors, Toyota tributed 20,991-unit sales, or 24 Motor’s luxury arm Lexus is percent, to Lexus China’s total • 2005 now gearing up to write a new sales volume in 2015. Establishes dealership chapter in China, with a unique Lexus Full Hybrid Technol- network in China, and business philosophy that focus- ogy and product lineups have launches a four-year es more on quality than volume. achieved wide recognition and or 100,000-km free Lexus sold 67,224 units from popularity around the world, maintenance and repair January to August this year, an not only for their environ- program. average increase of 35.7 percent mentally friendly attributes, year-on-year. In August alone, but also for the responsibility • 2006 Lexus China increased sales shared between the manufac- The first stretched Lexus by 70 percent year-on-year, the turer and customers. sedan LS460L is launched in best growth rate in the luxury By July, nearly 1.05 million Tetsuya Ezumi, executive vice- Lexus cars are characterized by the tranquility of their refined interiors and power produced by their the Chinese market. market. car owners around the world president of Lexus China class-leading hybrid powertrains and powerful rear-drive. PHOTOS PROVIDED TO CHINA DAILY “We are exerting ourselves had chosen Lexus Full Hybrid • 2007 during the following months models. The brand’s hybrid this year, to accomplish the technology is brought 100,000-unit objective set for Business philosophy to China with the Lexus this year,” said Tetsuya Ezumi, Lexus has met the expecta- RX400h SUV, which comes executive vice-president of tions of Akio Toyoda, president with free maintenance Lexus China. and CEO of Toyota Motor Corp, and repair for six years or Tetsuya said the excellent in terms of both market perfor- 150,000 km. results were due to the strong mance and healthy operation in product mix, with many mod- China, its second-largest mar- • 2009 els all featuring refined designs, ket, Tetsuya said. Lexus becomes one of the and the good management of He pointed out that the com- most successful luxury dealerships and operations. pany follows a customer-first brands in China, with sales The new product lineups are philosophy, and does not offer exceeding 100,000 units in designed toward a younger, models that do not meet Chi- just 56 months. progressive direction, in line nese customers’ demands. with changes in the essence of “Lexus enjoys peerless • 2011 the brand. word-of-mouth in the luxury The compact CT200h “Lexus offers both tranquil- segment,” he said. “We strictly hybrid hatchback is ity and dynamism,” Tetsuya follow the motto that ‘the cus- launched in the Chinese said. “The balance between tomer comes first, the dealer market, becoming the first them is in the characteristics second and the carmaker last’. hybrid luxury model in the of the Asian auto brand, and it We believe our dealers are also segment. cannot be copied by a Western customers.” The Lexus LC500h. carmaker.” The luxury carmaker helps Lexus is positioned as a luxury brand with an image of oriental elegance, vigor and passion. • 2015 Lexus said the tranquility its dealers make full use of Lexus China makes a lies in the refined interiors and resources in serving their cus- commitment to never its class-leading hybrid power- tomers instead of raising rev- The difference shows that generated from loans taken expanded to 161 by August, tional principle and a highly release to the market the trains, featuring powerful rear- enue by buying-in and reliev- a Lexus dealer, who sells 100 to buy in car stock,” Tetsuya and is expected to reach 165 attractive product lineup, Tet- 783 cars parked in areas drive and high-performance ing the financial pressure of car units a month, needs only 50 said. “I’m against overselling by the end of the year. suya said. adjacent to the Tianjin port hybrid technology. The dyna- inventories. cars in stock, 200 fewer than to dealers. “The Lexus brand will enter explosion. mism comes from the Sport Unlike its rivals, Lexus does other dealers. This means “Our target is to secure prof- Refreshed brand a completely new chapter next Marquee F model. not sell large numbers of cars much less capital spent in its for dealers, even with Lexus’ Lexus has emerged as a year, not only in China but also • 2016 The hybrid technology is one to dealers as inventories to advance, and releases much newly adopted mode of small luxury brand with an image in the rest of the world, with More than 1 million hybrid of Lexus’ vital pillars, produc- improve its sales figures. A lux- higher cash flows for better scale dealerships.” of oriental elegance, vigor and its designs undergoing tremen- Lexus cars sold worldwide ing high energy savings and ury car dealer’s inventory lasts operation. Tetsuya’s individual perfor- passion. dous changes. since the birth of the first environmental protection, for 10 weeks on average, but “We ask dealers and inves- mance is assessed with dealers’ Lexus is about to roll out a “As a luxury brand from the luxury hybrid Lexus without altering customers’ Lexus dealers’ inventories last tors to invest in their custom- revenue as the most critical fac- refreshed brand strategy in East, Lexus has unique charm RX 400h in 2005. usage habits. for only two weeks, according ers for higher satisfaction tor, not wholesale figures. 2017, in which it will lead the and appeal, and the essence of Last year the carmaker took to the company. rather than paying the interest Lexus’ dealership network world through a unique opera- the brand is balance.” 42 LIFE Monday, September 5, 2016 CHINA DAILY 43

Forgotten city revitalized A lost capital Following grapes on a funneled path

By RAYMOND ZHOU haunted by ghosts and ZHANG YU in Zhangjiakou HOW AN OBSCUURE TOWN Grapes are grown almost every- where there is human habitation. and history But most vineyards take up vast tracts and are not too close to human dwellings. In Xuanhua, 150 By RAYMOND ZHOU grandfather Genghis Khan.) It wit- kilometers northwest of Beijing, and ZHANG YU in Zhangjiakou nessed the comings and goings of grapes are the mainstay of residen- seven emperors before it was IS REINVENTINNG ITSELF tial backyards. The Mongol Empire spanned torched in 1358 by peasant rebels. Within the 12-km old city wall are much of Asia and Europe. It built The folly of a capricious over- 1.5 square km of vineyards out of a four capital cities, the least known lord then lay in ruins for six and total of 9.7 square km of land. That is of which is Zhongdu, or Central half centuries. The winds and Zhangjiakou made headlines after winning a joint bid with Beiijing to host the 2022 Winter Olympics. the figure from 2013 when “Urban Capital. sands of history were so relentless Agricultural Heritage of Xuanhua It is a confusing name because that for many years it was mistak- Grape Gardens” was listed by Food different places have been called en as a marketplace for cattle Now, people want to know how an unknnown city made it. and Agriculture Organization of the Zhongdu, including Beijing, called “The White Sheep City”. United Nations as a “globally impor- which, during the Yuan Dynasty But Yin Zhixian thought other- tant agricultural heritage system”. (1271-1368), was named Zhongdu wise. The local history teacher For a regular tourist, that honor is Vineyards in Xuanhua are known for their funnel-shaped trellises. before it was changed to Dadu, or had noticed fragments from the not as easily recognizable as the CHEN XIAODONG / FOR CHINA DAILY Big Capital. In the west, the most ruins that belonged more appro- name “milk grape”, which accounts famous was Shangdu, or Xanadu, priately to a palace. Further for 80 percent of all grapes grown in literally Upper Capital, thanks to archeological digs confirmed his this 600-year-old town, now a dis- tourism anchored around this tute, the milk grape — the most Marco Polo’s vivid description suspicion, but it was not officially trict of Zhangjiakou, Hebei province. advantage. According to Chinese renowned kind — is not really fit for and Samuel Coleridge’s opium- determined until 1997 that the However, this popular moniker is historians, this form of grape trellis making wine because it contains too hazed imagination. ruins were the site of Zhongdu. a misnomer. The Chinese term was popular in ancient times, but little sugar and acid. But it can be Zhongdu was 265 km north of By then much damage had been “niunai” as used here is actually somehow it has faded out and Xuan- cooked as a dish. Dadu and 195 km south of Shang- done. short for “cow’s udder”,the shape of hua is the only place where it has Because Xuanhua grapes are a du, a short drive outside what is In the 1950s, a local dam used the local variety. But since it shares been preserved. niche product unfit for large-scale now downtown Zhangbei. It was stones dug up from the ruins. And the same two characters as the Chi- One explanation for the shape planting, the number of hectares en route when royal entourages in the late 1970s, a new highway nese word for milk, it has led to the lies in its origin in Buddhist tem- has varied over the ages by many traveled between the two capital cut through it. misunderstanding that the crop ples, where early growers framed a factors. The imminent challenge is cities. For those accustomed to But legend has always pointed could contain the same taste or trellis like a lotus because both the the encroaching urban landscape, galloping in the wilderness, there to the existence of something nutrients as milk. flower and the round shape are aus- which has made intra-city grape was not much reason to turn a larger and mysterious in this par- Apart from the name, Xuanhua picious symbols in . planting economically unfeasible. stopover into a palace city. ticular place. grapes are unique for their funnel- There is also the story of a Tang To discourage farmers from sell- But Emperor Wuzong (1281- Fatal traffic accidents were shaped trellises. Instead of rows of Dynasty (AD 618-907) military offi- ing their plots to property develop- 1311), or Kulug Khan, was not the reported to be frequent in the sec- vines, grape gardens look like a can- cer named Liu Peng, who intro- ers, starting in 2010 the local kind of monarch who thought tion of the road that transgressed vas of upside-down umbrellas, with duced grape planting to this place government doled out subsidies of rationally. During his three-and- the ruins. the vines slanting into a round pit in the year 774. 15,000 yuan ($2,252) per hectare. half-year reign, he essentially In the 1930s, when local resi- about 3-5 meters in diameter and Murals from 1093, unearthed in Back in 1988, it sponsored the first bankrupted the country by lavish- dents tried to erect buildings 0.2-0.4 meter in depth. Inside the pit 1993 in a local village, depict wine grape festival to raise awareness. ing gifts on those loyal to him and inside the grassy mounds, strange is a mound 1-2 meters in diameter drinking and — if that’s not solid Even though milk grapes fetch a having huge armies of supernu- things happened. with a 30-35-degree slope, and this enough evidence — there were clus- premium price on the market, farm- meraries. Only 10 days after he The first household saw its roof is where all the roots go. A whole ters of grapes in the tomb, dried but ers, mostly the elderly, find it hard to ascended the throne, he ordered collapse right after completion. trellis is 10-15 meters in diameter clearly discernible, and a glass of make enough money out of the Zhongdu to be built. Miraculous- Ghost stories were so rampant and rises up to 3 meters in height on pink liquid, which was later tested effort. This can be changed by boost- ly, it was completed in just one that the few who dared to live the periphery. and confirmed to be wine. ing tourism with related services year. inside had vacated it by 1960. Above and below: Vast and fertile steppes host fauna and flora as well as tourists. PHOTOS BY YUAN YUQIN / FOR CHINA DAILY A funnel-shaped trellis needs half There are 40 some varieties of and revenues as well as special Wuzong was a military hero. He The palace area sat on a 3-me- of the soil of a regular one and it grapes grown in Xuanhua, one of wineries that use the Xuanhua vari- snatched the crown from his ter-high platform, with a length of saves 40 percent of water. There are which, the longan grape, is ferment- eties. The trellises that yield the best younger brother Ayurbarwada 620 meters north to south and By ZHANG YU ces and plenty of sunlight in other benefits such as blocking the ed by the Great Wall Winery, located wine, say experts, should be 50 years before the latter could get to it. 560 east to west. in Zhangjiakou Zhangbei and Shangyi counties, sun, reducing temperatures and in a neighboring county, into a dry old and they are easy to find in Zhangjiakou Perhaps to appease him, he There are 27 discernible ruins [email protected] Chongli the project is expected to be the raising humidity in summer. This white wine as well as a bubbly that is Xuanhua. There’s one vine that leg- offered succession rights to the in this area. world’s largest clean-energy facili- has made such graperies a perfect served at upscale banquets. But end puts at 600 years old and, like a Xuanhua brother, reaching an agreement The inner city with the palace at little-known city in Chi- Yanqing ty. shelter from the summer heat. And according to Zhang Wu, president of vintage wine, it is marked with a red that their descendants would get the center was 1,740 by 980 na has become well Beijing With an investment of 10 bil- Zhangjiakou is the local government is encouraging the Xuanhua Grape Research Insti- bow tie. the throne alternately. meters and was 1 meter higher known, or is at least Tianjin lion yuan ($1.5 billion), the But the battle for succession than the outer city, which was being mentioned glo- Hebei project has installed wind-power transforming turned violent. After Wuzong’s about 3,000 meters on each side. bally,A since its successful joint bid capacity of 450 megawatts and sudden death at the age of 30, One of the pieces excavated is an for the 2022 Winter Olympics. photovoltaic power of 100 mega- itself from a Ayurbarwada killed his loyalists animal ornament from one of the Zhangjiakou, 180 kilometers watts. backward city and removed Zhongdu from the palace towers. It was usually northwest of Beijing, will host the It can store 20 megawatts of A different kind of Great Wall exalted status of a capital city. It ranked tenth in a 10-piece set. The Games together with the capital. Shandong energy and also has the ability to into a modern was a popular move considering it only other place with similar orna- Most of the snow events will be CHINA DAILY transmit electric power. was a drain on the state’s coffers ments is the Hall of Supreme Har- held in the city’s Chongli district, In the next five years, its parent one.” By RAYMOND ZHOU and did not fulfill any functions. It mony inside Beijing’s Forbidden which boasts several ski resorts company — the State Grid Jibei and ZHANG YU in Zhangjiakou was not even a summer retreat like City. that meet international stan- local residents. Electric Power Co — will invest Hou Liang, Party chief of Shangdu. To see these artifacts and fill out dards. They aim to revive the city with another 23 billion yuan ($3.5 bil- Zhangjiakou When you visit Zhangjiakou, Zhongdu survived for 50 years, gaps in your imagination, you Before Zhangjiakou became an advanced industries and fashiona- lion) to develop 10 clean-energy you’ve got to take a photo in front of slightly longer than half of the 97 need to visit the 9,000-sq-m Olympic host, it was an old indus- ble resorts. projects for the 2022 Winter Olym- the Big Mirror Gate. It’s the land- years of the Yuan Dynasty. (The Zhongdu Museum in downtown trial base. So, instead of focusing on old pic Games, according to a compa- mark of the city. Also, who can resist Yuan started from the time Kublai Zhangbei, and you will experience With a total population of 4.68 stalwarts like papermaking, ny white paper. a chance to scale the Great Wall in Khan proclaimed it as a conquest the glory days of the people on million, Zhangjiakou still has cement production, metallurgy By 2020, 55 percent of the city’s less than a minute and boast about dynasty, while the Mongol Empire horseback and how they con- 450,000 people living in poverty, and mining, Zhangjiakou is now total power consumption will be $3.5 billion it when other sections of the wall are can be traced further back to his quered and ruled far and wide. making it one of the poorest cities eyeing new energy and tourism. covered by clean energy. to be invested to develop 10 so forbidding? in Hebei province. In 2015, Zhangjiakou was Tourism is another focus for clean-energy projects in Built in 1644 in the Ming Dynas- “But Zhangjiakou is transform- approved by the State Council as Zhangjiakou, according to the Zhangjiakou. ty (1368-1644), this is the only ing itself from a backward city into China’s first national-level renew- Party chief, who says: “In Zhang- place along the wall where a cross- a modern one, which is guoji- able-energy demonstration area. jiakou, you can enjoy the grass- ing is not called a pass, but a gate. fan’er,” Hou Liang, the Party chief The National Wind and Solar lands and cool weather in Inside the gate is a street flanked of Zhangjiakou, says. Energy Storage Transmission summer, and skiing in winter.” previous year. scenics spots, such as the Zhangbei ernment officials are now acceler- 102 with shops, where merchants from Guojifan’er, which means “glo- Demonstration Project is a major In 2015, the number of tourists In winter, people throng to the grasslandsg which holds a large ating the construction and ski slopes totaling 112.6 km various ethnicities conducted bally trendy”, is the buzzword for new-energy project in the city. who visited Zhangjiakou was 38.5 ski resorts in the Chongli district, musicm festival every summer. upgrading of facilities in scenic in Chongli make it a popular business. the city’s government officials and Based on the rich wind resour- million, up 16 percent from the while a small number visit other Given the tourism boom, gov- spots. destination. Obviously there were also times of tension and military conflict. Not far from this gate is the Little Mirror The Big Mirror Gate is a landmark of the downtown Zhangjiakou section of the Gate, which is so small no horse rid- Great Wall. ZHANG GUOQUAN / FOR CHINA DAILY 38.5 million er could gallop through. You can easily figure out the occasions for Chongli stands as the Chinese equivaleent of Davos tourists visited Zhangjiakou war and peace. This section of the to each other and others form a spe- human civilization, including tombs in 2015, up 16 percent from the wall was constructed in the Ming cial grid. Many are not easily detect- from the Liao Dynasty (916-1125) previous year. Dynasty and stretched 450 kilome- able unless you climb to a nearby and relics from 6,000 years ago. By RAYMOND ZHOU ic winter. The streets are clean, ters. When the subsequent Qing vantage point. If your impression of Before a military messenger from and ZHANG YU in Zhangjiakou and rows of resort apartments Dynasty (1644-1911) came around, the wall is the touristy Badaling sec- Beijing could travel the 170-km dis- await their vacationing visitors or Online the border was pushed further tion in Beijing, you’ll be amazed at tance to reach Xuanhua, his horse Much of Zhangjiakou lies in the owners. See more north, so the wall lost its use for the variety of forms that exist in this would get exhausted and need a res- transitional terrain between the This county of 126,000 residents by scanning defense. city, which locals proudly call “the pite or he simply needed to change mountains and the plains. Called is blessed by snowfall six months the code. For much of history, Zhangjiakou Great Wall museum down the corri- horses. The Rooster Crowing Postal “ba” by the locals, it refers to an of the year, making it a popular was the ultimate frontier town. It’s dor of history”. Stop, which is 30 km closer to Bei- elevation of 1,200-1,400 meters destination for skiers. the transitional area between the Other than the walls, there were jing, looks like a smaller Xuanhua. above sea level, which means it is In 2015, it received 2.77 million Mongolian Plateau and the North also military towns that grew out of The square-shaped town has a 300- several degrees cooler in summer visitors, generating 1.94 billion Online China Plains. To defend against the barracks and, when peace came, meter wall on each side, fully than places like Beijing and hence yuan ($291 million) in tourism See more nomadic tribes up north, the Han turned into boomtowns for business. repaired and ready for tourists. a perfect retreat from the heat. revenue. by scanning started erecting barriers from 300 Xuanhua, controlled by Khitans, The 500-year-old town (also Hidden among the rolling step- Ever since some ski lovers stum- the code. BC onwards. Even when some of the Jurchens and Han in succession, is called a village) has played host to pes and gently sinuous mountain bled upon this place in the late tribes vanquished areas south of the such a place. It was one of the nine one royal guest, the Empress Dowa- ranges is a 133-km road officially 1990s, Chongli has grown into a wall, they kept on building more. key military outposts outside the ger, who, in 1900, on her route to flee called “Grass Skyline” and often hot spot for winter sports and The sight of a cavalier charging capital city of Beijing during the the foreign invasion of Beijing, compared to Route 66 in the Unit- vacationing. down the mountains would strike , when the city evolved spent a night here. (She also stopped ed States. As of now, it has 102 ski slopes Left: Chongli county in Zhangjiakou, with snowfall for six months in a year, has become a popular destination for skiers. Right: Scenic drives on the “Grass fear into anyone. into its current configuration. over in Xuanhua and savored the Meandering from Zhangbei all totaling 112.6 km. As many as 34 Skyline”,a 133-km road in sinuous mountain ranges. PHOTOS BY SHI JIASHENG ANDYUAN Y YUQIN / FOR CHINA DAILY Zhangjiakou has a total of 1,804 Nowadays you can ramble from local grapes. Which tickled my the way to Chongli, this scenic of these slopes, with five aerial km of the Great Wall, or rather great the Bell Tower to the Drum Tower mind: Was that running for her life drive has been a big attraction tramways, belong to the Genting walls, out of which 1,303 are still dis- and get a feeling of a smaller Beijing. or was that a summer getaway?) since it opened in 2012. Group, a Malaysian conglomer- will emerge from events in Chong- ing venues will be within a five- takingt in the spectacular views. and the hosting of the Olympics in cernible. They date back to eight dif- The 12-km city wall, under repair, Nowadays you can rent a room You’re advised to avoid the con- ate that invested 15 billion yuan li, which will be connected with minute drive. StillS others were sipping coffee in a couple of years, it will ring in a ferent dynasties and were built with encloses 9.7 square kilometers of from a local resident and enjoy a gested stretches by taking the into a huge complex of hotels, the capital city via a high-speed But you don’t need to wait until thet warmly paneled atrium of a new era of higher awareness and mud, bricks, stones, slabs or various bustling businesses, fertile vine- meal of freshly harvested local food. byway so to speak, the section that restaurants, theme park and oth- train. Jack Frost kisses your face to visit GentingG building that overlooks easy accessibility. mixes. Half of what remains is from yards and several structures from Afterward you can take a walk on leads to Chongli, which provides er facilities. By that time, the travel time will this charming town. thet slopes. According to Suthichai Yoon, a the Ming Dynasty, the latest of those the early dynasties. Faiths of various the wall and gaze out into the moun- abundant photo opportunities but On July 31, 2015, Zhangjiakou be shortened from the current We bumped into many sports Chongli used to be a secret veteran Thai newsman who represented here, but there are denominations and people of as tains. You have to resort to a hyper- not the crowds. won the right, together with Bei- three hours to less than one hour. fans on the mountains, which are knownk only to sports fans and recently visited, Chongli could records of Tang Dynasty (AD 618- many as 20 ethnicities have found a active imagination if you want to Upon entering Chongli, one gets jing, to host the 2022 Winter The train station will be right next covered with wild flowers of thoset who do not depend on pub- well turn into the Chinese equiva- 907) constructions, which exist home here. conjure up the battle scenes that Top: Workers sift through ruins at the Zhongdu site. Above: Images of Mon- the impression that summer here Olympics. to the Olympic village, which is vibrant colors. Some were biking liic transportation. lent of Davos when all the big nowhere else in China. Outside the wall in the Xuanhua took place centuries ago on this gol emperors adorn the Zhongdu Museum. PHOTOS PROVIDED TO CHINA DAILY is just a hiatus from one long mag- Half of the medals for the event under construction, and all sport- on trails and others hiking and But with the upcoming rail line hoopla is over. Sections of the walls run parallel suburb are more ancient traces of land. 42 LIFE Monday, September 5, 2016 CHINA DAILY 43

Forgotten city revitalized A lost capital Following grapes on a funneled path

By RAYMOND ZHOU haunted by ghosts and ZHANG YU in Zhangjiakou HOW AN OBSCUURE TOWN Grapes are grown almost every- where there is human habitation. and history But most vineyards take up vast tracts and are not too close to human dwellings. In Xuanhua, 150 By RAYMOND ZHOU grandfather Genghis Khan.) It wit- kilometers northwest of Beijing, and ZHANG YU in Zhangjiakou nessed the comings and goings of grapes are the mainstay of residen- seven emperors before it was IS REINVENTINNG ITSELF tial backyards. The Mongol Empire spanned torched in 1358 by peasant rebels. Within the 12-km old city wall are much of Asia and Europe. It built The folly of a capricious over- 1.5 square km of vineyards out of a four capital cities, the least known lord then lay in ruins for six and total of 9.7 square km of land. That is of which is Zhongdu, or Central half centuries. The winds and Zhangjiakou made headlines after winning a joint bid with Beiijing to host the 2022 Winter Olympics. the figure from 2013 when “Urban Capital. sands of history were so relentless Agricultural Heritage of Xuanhua It is a confusing name because that for many years it was mistak- Grape Gardens” was listed by Food different places have been called en as a marketplace for cattle Now, people want to know how an unknnown city made it. and Agriculture Organization of the Zhongdu, including Beijing, called “The White Sheep City”. United Nations as a “globally impor- which, during the Yuan Dynasty But Yin Zhixian thought other- tant agricultural heritage system”. (1271-1368), was named Zhongdu wise. The local history teacher For a regular tourist, that honor is Vineyards in Xuanhua are known for their funnel-shaped trellises. before it was changed to Dadu, or had noticed fragments from the not as easily recognizable as the CHEN XIAODONG / FOR CHINA DAILY Big Capital. In the west, the most ruins that belonged more appro- name “milk grape”, which accounts famous was Shangdu, or Xanadu, priately to a palace. Further for 80 percent of all grapes grown in literally Upper Capital, thanks to archeological digs confirmed his this 600-year-old town, now a dis- tourism anchored around this tute, the milk grape — the most Marco Polo’s vivid description suspicion, but it was not officially trict of Zhangjiakou, Hebei province. advantage. According to Chinese renowned kind — is not really fit for and Samuel Coleridge’s opium- determined until 1997 that the However, this popular moniker is historians, this form of grape trellis making wine because it contains too hazed imagination. ruins were the site of Zhongdu. a misnomer. The Chinese term was popular in ancient times, but little sugar and acid. But it can be Zhongdu was 265 km north of By then much damage had been “niunai” as used here is actually somehow it has faded out and Xuan- cooked as a dish. Dadu and 195 km south of Shang- done. short for “cow’s udder”,the shape of hua is the only place where it has Because Xuanhua grapes are a du, a short drive outside what is In the 1950s, a local dam used the local variety. But since it shares been preserved. niche product unfit for large-scale now downtown Zhangbei. It was stones dug up from the ruins. And the same two characters as the Chi- One explanation for the shape planting, the number of hectares en route when royal entourages in the late 1970s, a new highway nese word for milk, it has led to the lies in its origin in Buddhist tem- has varied over the ages by many traveled between the two capital cut through it. misunderstanding that the crop ples, where early growers framed a factors. The imminent challenge is cities. For those accustomed to But legend has always pointed could contain the same taste or trellis like a lotus because both the the encroaching urban landscape, galloping in the wilderness, there to the existence of something nutrients as milk. flower and the round shape are aus- which has made intra-city grape was not much reason to turn a larger and mysterious in this par- Apart from the name, Xuanhua picious symbols in Buddhism. planting economically unfeasible. stopover into a palace city. ticular place. grapes are unique for their funnel- There is also the story of a Tang To discourage farmers from sell- But Emperor Wuzong (1281- Fatal traffic accidents were shaped trellises. Instead of rows of Dynasty (AD 618-907) military offi- ing their plots to property develop- 1311), or Kulug Khan, was not the reported to be frequent in the sec- vines, grape gardens look like a can- cer named Liu Peng, who intro- ers, starting in 2010 the local kind of monarch who thought tion of the road that transgressed vas of upside-down umbrellas, with duced grape planting to this place government doled out subsidies of rationally. During his three-and- the ruins. the vines slanting into a round pit in the year 774. 15,000 yuan ($2,252) per hectare. half-year reign, he essentially In the 1930s, when local resi- about 3-5 meters in diameter and Murals from 1093, unearthed in Back in 1988, it sponsored the first bankrupted the country by lavish- dents tried to erect buildings 0.2-0.4 meter in depth. Inside the pit 1993 in a local village, depict wine grape festival to raise awareness. ing gifts on those loyal to him and inside the grassy mounds, strange is a mound 1-2 meters in diameter drinking and — if that’s not solid Even though milk grapes fetch a having huge armies of supernu- things happened. with a 30-35-degree slope, and this enough evidence — there were clus- premium price on the market, farm- meraries. Only 10 days after he The first household saw its roof is where all the roots go. A whole ters of grapes in the tomb, dried but ers, mostly the elderly, find it hard to ascended the throne, he ordered collapse right after completion. trellis is 10-15 meters in diameter clearly discernible, and a glass of make enough money out of the Zhongdu to be built. Miraculous- Ghost stories were so rampant and rises up to 3 meters in height on pink liquid, which was later tested effort. This can be changed by boost- ly, it was completed in just one that the few who dared to live the periphery. and confirmed to be wine. ing tourism with related services year. inside had vacated it by 1960. Above and below: Vast and fertile steppes host fauna and flora as well as tourists. PHOTOS BY YUAN YUQIN / FOR CHINA DAILY A funnel-shaped trellis needs half There are 40 some varieties of and revenues as well as special Wuzong was a military hero. He The palace area sat on a 3-me- of the soil of a regular one and it grapes grown in Xuanhua, one of wineries that use the Xuanhua vari- snatched the crown from his ter-high platform, with a length of saves 40 percent of water. There are which, the longan grape, is ferment- eties. The trellises that yield the best younger brother Ayurbarwada 620 meters north to south and By ZHANG YU ces and plenty of sunlight in other benefits such as blocking the ed by the Great Wall Winery, located wine, say experts, should be 50 years before the latter could get to it. 560 east to west. in Zhangjiakou Zhangbei and Shangyi counties, sun, reducing temperatures and in a neighboring county, into a dry old and they are easy to find in Zhangjiakou Perhaps to appease him, he There are 27 discernible ruins [email protected] Chongli the project is expected to be the raising humidity in summer. This white wine as well as a bubbly that is Xuanhua. There’s one vine that leg- offered succession rights to the in this area. world’s largest clean-energy facili- has made such graperies a perfect served at upscale banquets. But end puts at 600 years old and, like a Xuanhua brother, reaching an agreement The inner city with the palace at little-known city in Chi- Yanqing ty. shelter from the summer heat. And according to Zhang Wu, president of vintage wine, it is marked with a red that their descendants would get the center was 1,740 by 980 na has become well Beijing With an investment of 10 bil- Zhangjiakou is the local government is encouraging the Xuanhua Grape Research Insti- bow tie. the throne alternately. meters and was 1 meter higher known, or is at least Tianjin lion yuan ($1.5 billion), the But the battle for succession than the outer city, which was being mentioned glo- Hebei project has installed wind-power transforming turned violent. After Wuzong’s about 3,000 meters on each side. bally,A since its successful joint bid capacity of 450 megawatts and sudden death at the age of 30, One of the pieces excavated is an for the 2022 Winter Olympics. photovoltaic power of 100 mega- itself from a Ayurbarwada killed his loyalists animal ornament from one of the Zhangjiakou, 180 kilometers Shijiazhuang watts. backward city and removed Zhongdu from the palace towers. It was usually northwest of Beijing, will host the It can store 20 megawatts of A different kind of Great Wall exalted status of a capital city. It ranked tenth in a 10-piece set. The Games together with the capital. Shandong energy and also has the ability to into a modern was a popular move considering it only other place with similar orna- Most of the snow events will be CHINA DAILY transmit electric power. was a drain on the state’s coffers ments is the Hall of Supreme Har- held in the city’s Chongli district, In the next five years, its parent one.” By RAYMOND ZHOU and did not fulfill any functions. It mony inside Beijing’s Forbidden which boasts several ski resorts company — the State Grid Jibei and ZHANG YU in Zhangjiakou was not even a summer retreat like City. that meet international stan- local residents. Electric Power Co — will invest Hou Liang, Party chief of Shangdu. To see these artifacts and fill out dards. They aim to revive the city with another 23 billion yuan ($3.5 bil- Zhangjiakou When you visit Zhangjiakou, Zhongdu survived for 50 years, gaps in your imagination, you Before Zhangjiakou became an advanced industries and fashiona- lion) to develop 10 clean-energy you’ve got to take a photo in front of slightly longer than half of the 97 need to visit the 9,000-sq-m Olympic host, it was an old indus- ble resorts. projects for the 2022 Winter Olym- the Big Mirror Gate. It’s the land- years of the Yuan Dynasty. (The Zhongdu Museum in downtown trial base. So, instead of focusing on old pic Games, according to a compa- mark of the city. Also, who can resist Yuan started from the time Kublai Zhangbei, and you will experience With a total population of 4.68 stalwarts like papermaking, ny white paper. a chance to scale the Great Wall in Khan proclaimed it as a conquest the glory days of the people on million, Zhangjiakou still has cement production, metallurgy By 2020, 55 percent of the city’s less than a minute and boast about dynasty, while the Mongol Empire horseback and how they con- 450,000 people living in poverty, and mining, Zhangjiakou is now total power consumption will be $3.5 billion it when other sections of the wall are can be traced further back to his quered and ruled far and wide. making it one of the poorest cities eyeing new energy and tourism. covered by clean energy. to be invested to develop 10 so forbidding? in Hebei province. In 2015, Zhangjiakou was Tourism is another focus for clean-energy projects in Built in 1644 in the Ming Dynas- “But Zhangjiakou is transform- approved by the State Council as Zhangjiakou, according to the Zhangjiakou. ty (1368-1644), this is the only ing itself from a backward city into China’s first national-level renew- Party chief, who says: “In Zhang- place along the wall where a cross- a modern one, which is guoji- able-energy demonstration area. jiakou, you can enjoy the grass- ing is not called a pass, but a gate. fan’er,” Hou Liang, the Party chief The National Wind and Solar lands and cool weather in Inside the gate is a street flanked of Zhangjiakou, says. Energy Storage Transmission summer, and skiing in winter.” previous year. scenics spots, such as the Zhangbei ernment officials are now acceler- 102 with shops, where merchants from Guojifan’er, which means “glo- Demonstration Project is a major In 2015, the number of tourists In winter, people throng to the grasslandsg which holds a large ating the construction and ski slopes totaling 112.6 km various ethnicities conducted bally trendy”, is the buzzword for new-energy project in the city. who visited Zhangjiakou was 38.5 ski resorts in the Chongli district, musicm festival every summer. upgrading of facilities in scenic in Chongli make it a popular business. the city’s government officials and Based on the rich wind resour- million, up 16 percent from the while a small number visit other Given the tourism boom, gov- spots. destination. Obviously there were also times of tension and military conflict. Not far from this gate is the Little Mirror The Big Mirror Gate is a landmark of the downtown Zhangjiakou section of the Gate, which is so small no horse rid- Great Wall. ZHANG GUOQUAN / FOR CHINA DAILY 38.5 million er could gallop through. You can easily figure out the occasions for Chongli stands as the Chinese equivaleent of Davos tourists visited Zhangjiakou war and peace. This section of the to each other and others form a spe- human civilization, including tombs in 2015, up 16 percent from the wall was constructed in the Ming cial grid. Many are not easily detect- from the Liao Dynasty (916-1125) previous year. Dynasty and stretched 450 kilome- able unless you climb to a nearby and relics from 6,000 years ago. By RAYMOND ZHOU ic winter. The streets are clean, ters. When the subsequent Qing vantage point. If your impression of Before a military messenger from and ZHANG YU in Zhangjiakou and rows of resort apartments Dynasty (1644-1911) came around, the wall is the touristy Badaling sec- Beijing could travel the 170-km dis- await their vacationing visitors or Online the border was pushed further tion in Beijing, you’ll be amazed at tance to reach Xuanhua, his horse Much of Zhangjiakou lies in the owners. See more north, so the wall lost its use for the variety of forms that exist in this would get exhausted and need a res- transitional terrain between the This county of 126,000 residents by scanning defense. city, which locals proudly call “the pite or he simply needed to change mountains and the plains. Called is blessed by snowfall six months the code. For much of history, Zhangjiakou Great Wall museum down the corri- horses. The Rooster Crowing Postal “ba” by the locals, it refers to an of the year, making it a popular was the ultimate frontier town. It’s dor of history”. Stop, which is 30 km closer to Bei- elevation of 1,200-1,400 meters destination for skiers. the transitional area between the Other than the walls, there were jing, looks like a smaller Xuanhua. above sea level, which means it is In 2015, it received 2.77 million Mongolian Plateau and the North also military towns that grew out of The square-shaped town has a 300- several degrees cooler in summer visitors, generating 1.94 billion Online China Plains. To defend against the barracks and, when peace came, meter wall on each side, fully than places like Beijing and hence yuan ($291 million) in tourism See more nomadic tribes up north, the Han turned into boomtowns for business. repaired and ready for tourists. a perfect retreat from the heat. revenue. by scanning started erecting barriers from 300 Xuanhua, controlled by Khitans, The 500-year-old town (also Hidden among the rolling step- Ever since some ski lovers stum- the code. BC onwards. Even when some of the Jurchens and Han in succession, is called a village) has played host to pes and gently sinuous mountain bled upon this place in the late tribes vanquished areas south of the such a place. It was one of the nine one royal guest, the Empress Dowa- ranges is a 133-km road officially 1990s, Chongli has grown into a wall, they kept on building more. key military outposts outside the ger, who, in 1900, on her route to flee called “Grass Skyline” and often hot spot for winter sports and The sight of a cavalier charging capital city of Beijing during the the foreign invasion of Beijing, compared to Route 66 in the Unit- vacationing. down the mountains would strike Ming Dynasty, when the city evolved spent a night here. (She also stopped ed States. As of now, it has 102 ski slopes Left: Chongli county in Zhangjiakou, with snowfall for six months in a year, has become a popular destination for skiers. Right: Scenic drives on the “Grass fear into anyone. into its current configuration. over in Xuanhua and savored the Meandering from Zhangbei all totaling 112.6 km. As many as 34 Skyline”,a 133-km road in sinuous mountain ranges. PHOTOS BY SHI JIASHENG ANDYUAN Y YUQIN / FOR CHINA DAILY Zhangjiakou has a total of 1,804 Nowadays you can ramble from local grapes. Which tickled my the way to Chongli, this scenic of these slopes, with five aerial km of the Great Wall, or rather great the Bell Tower to the Drum Tower mind: Was that running for her life drive has been a big attraction tramways, belong to the Genting walls, out of which 1,303 are still dis- and get a feeling of a smaller Beijing. or was that a summer getaway?) since it opened in 2012. Group, a Malaysian conglomer- will emerge from events in Chong- ing venues will be within a five- takingt in the spectacular views. and the hosting of the Olympics in cernible. They date back to eight dif- The 12-km city wall, under repair, Nowadays you can rent a room You’re advised to avoid the con- ate that invested 15 billion yuan li, which will be connected with minute drive. StillS others were sipping coffee in a couple of years, it will ring in a ferent dynasties and were built with encloses 9.7 square kilometers of from a local resident and enjoy a gested stretches by taking the into a huge complex of hotels, the capital city via a high-speed But you don’t need to wait until thet warmly paneled atrium of a new era of higher awareness and mud, bricks, stones, slabs or various bustling businesses, fertile vine- meal of freshly harvested local food. byway so to speak, the section that restaurants, theme park and oth- train. Jack Frost kisses your face to visit GentingG building that overlooks easy accessibility. mixes. Half of what remains is from yards and several structures from Afterward you can take a walk on leads to Chongli, which provides er facilities. By that time, the travel time will this charming town. thet slopes. According to Suthichai Yoon, a the Ming Dynasty, the latest of those the early dynasties. Faiths of various the wall and gaze out into the moun- abundant photo opportunities but On July 31, 2015, Zhangjiakou be shortened from the current We bumped into many sports Chongli used to be a secret veteran Thai newsman who represented here, but there are denominations and people of as tains. You have to resort to a hyper- not the crowds. won the right, together with Bei- three hours to less than one hour. fans on the mountains, which are knownk only to sports fans and recently visited, Chongli could records of Tang Dynasty (AD 618- many as 20 ethnicities have found a active imagination if you want to Upon entering Chongli, one gets jing, to host the 2022 Winter The train station will be right next covered with wild flowers of thoset who do not depend on pub- well turn into the Chinese equiva- 907) constructions, which exist home here. conjure up the battle scenes that Top: Workers sift through ruins at the Zhongdu site. Above: Images of Mon- the impression that summer here Olympics. to the Olympic village, which is vibrant colors. Some were biking liic transportation. lent of Davos when all the big nowhere else in China. Outside the wall in the Xuanhua took place centuries ago on this gol emperors adorn the Zhongdu Museum. PHOTOS PROVIDED TO CHINA DAILY is just a hiatus from one long mag- Half of the medals for the event under construction, and all sport- on trails and others hiking and But with the upcoming rail line hoopla is over. Sections of the walls run parallel suburb are more ancient traces of land. 44 WORLD Monday, September 5, 2016 CHINA DAILY

VIETNAM INDONESIA Baguette leaves a Buffalo racers sustain tradition taste of the past What started off as

By AGENCE FRANCE- The sandwich has become a a bit of fun evolved PRESSE in Hanoi, Vietnam foodie favorite in hipster into a competition enclaves around the globe, It has been more than six sold from food trucks and for locals each year decades since the end of sipped with craft beer in both French colonial rule in Viet- its classic form and a flurry of nam, but when President new varieties. By AGENCE FRANCE- Francois Hollande arrives this Hoan’s father was also a PRESSE week he’ll struggle to avoid a baker but discouraged his son in Banjar Jembrana, Indonesia quintessential legacy of his from following in his floured country’s rule: the baguette. footsteps. Wearing crowns and color- Smeared with pate and “The baking profession ful horn coverings, the buffa- loaded with fresh coriander chose me, it was not my deci- loes haul wooden carts at and cucumber, or just enjoyed sion,” Hoan said, speaking in high speed past paddy fields with a pat of fresh butter, banh front of a wall of ovens as his on Bali, with the racers mi are a delicious symbol of workers tirelessly knead aboard cracking whips in a Vietnam’s lasting links with its dough nearby. bid to push their beasts on to former occupiers. French bread was first made victory. “The French were very in Vietnam to feed hungry sol- Hundreds of spectators proud of banh mi. I think diers in Indochina, France’s cheer from the sidelines, French cuisine has had a lot of empire which spanned much hoping their team will come influence on Vietnamese cui- of Southeast Asia from 1858 to out on top in the annual fes- sine,” said baker Nguyen Ngoc its crushing defeat in the Dien tival on the Indonesian Hoan from his busy boulange- Bien Phu battle in Vietnam in island reminiscent of chari- rie in Hanoi’s French Quarter. 1954. ot racing. Hoan started baking banh Other culinary influences The buffalo racing, known mi — which refers to plain leaked in too. Local cooks used as Makepung, pits two farm- bread or the popular petit pain meat scraps and unused bones ing communities against loaded with meat, vegetables or from French butchers to create each other in western Jem- fried egg — in 1987 and five pho — the national dish of beef brana district, in a tradition Participants compete in a Makepung or bull race with domestic water buffaloes in the Jembrana district on Bali island, Indonesia, in years later got a stint at the bak- or chicken noodle soup, accord- that marks the rice harvest- July. SONNY TUMBELAKA / AGENCE FRANCE PRESSE ery in the storied Metropole ing to Peters. Coffee and creme ing season. hotel, built by the French at the caramel are some of the other A world away from the pop- turn of the 20th century. French culinary leftovers. ular tourist hangouts further interested in playing video some teams are having to hire soar on the local market and south on the island, the races games than the high-speed racers, said Komang Hendra, some can reach prices of 175 are an awe-inspiring specta- 200 people buffalo races. Jembrana tourism chief. million rupiah. cle that see participants stand One of Nuraga’s sons, now But this costs 100,000 rupi- The Makepung tradition on speeding carts with flags can often make up a team aged 27, has already left his ah ($7.50) per race, a hefty started in the 1960s when two fluttering from the top, as two taking part in the buffalo village, and he is training his sum in a country where many communities on either side of buffaloes pull each of the race in Bali, Indonesia neighbor’s teenage son at the earn the equivalent of two to the Ijo Gading river took a rudimentary vehicles. weekends so he can take up three dollars a day. competitive approach to But the races, which have “Many of the older racers the reins of the sport in the Still for many Jembrana working their fields, with been held annually for dec- would like to retire, some are future. residents the investment is farmers racing each other as ades, are falling out of favor — already over 60, but they sim- But training a good com- worthwhile due to the poten- they labored. regular competitors are now ply don’t have much choice. petitor takes time and the old- tial financial gain. What started off as a bit of elderly and few of the younger Somebody needs to preserve er a competitor gets, the The typical prize money for fun evolved into a serious villagers are keen to take up the tradition.” easier it is for him to fall off a each session of the Makepung competition and now the the sport. Nowadays younger people speeding cart, said Makepung race is 25 million rupiah communities field teams each “I am old now, and there is tend to leave Jembrana once chief organizer Made Mara. ($1,900) but that is split year for the racing season. no new generation,” said they have reached adoles- Some veteran racers have among the whole winning The season runs from July Kadek Nuraga, 51, who has cence in search of better edu- even died after tumbling off team, often involving 200 to November, with races A baker carries plates of baked baguettes at the Hoan Boulangerie been racing for the West Ijo cation in cities, and speeding carts. people. roughly every two weeks, and workshop in Hanoi, capital of Vietnam, last week. Gading community for over community elders complain There is such a shortfall of But the value of a pair of this year involved about 300 JENNY VAUGHAN / AGENCE FRANCE-PRESSE 35 years. that those who stay are more people wanting to take part victorious animals tends to water buffaloes.

Company special Sinotruk eyes overseas markets for growth

By TANG ZHIHAO [email protected]

A global strategy will be crucial to supporting the growth of China National Heavy Duty Truck Group, also known as Sinotruk, in Clients in Africa study trucks that the company has launched in the coming years, according the local market. PROVIDED TO CHINA DAILY to company executives. Ma Chunji, chairman of the company based in Shan- dong province, said their Belt and Road Initiative target was to have the over- seas market contribute 50 supports firm’s sales percent of Sinotruk’s over- all sales revenue by 2020, compared with 30 percent By ZHUAN TI doubled between January last year. [email protected] and June. For instance, sales “Sinotruk has established in Kazakhstan increased 243 a strong level of competitive- Exports driven in part by percent year-on-year. ness in the global market. the Belt and Road Initiative Sales in Pakistan reached 517 Our exports will support our have helped support the sales units in the first-half, increas- overall sales performance,” of China National Heavy Duty ing nearly 600 percent year- Ma said. Truck Group, according to an on-year. Lan revealed that Sinotruk’s income from official from the company that the average annual demand exports increased 13.7 per- is also known as Sinotruk. for heavy trucks in Pakistan is cent year-on-year to 8.08 Figures from China Automo- around 1,000 units. billion yuan ($1.21 billion) tive Technology and Research “As infrastructure con- in 2015. It has ranked first Center show that Chinese struction in the Belt and among Chinese heavy truck Cooperation with leading German commercial vehicle maker MAN allows Sinotruk to produce trucks that meet European standards. heavy truck companies export- Road countries gets a boost, exporters by volume for 11 WANG QIAN / CHINA DAILY ed 31,717 vehicles in the first Sinotruk will see more oppor- consecutive years. half of 2016, a 31.4 percent tunities,” Lan said, adding that Since implementing a foreign cultures and lan- turer MAN, aimed at upgrad- ed a multi-brand strategy to year-on-year decrease. as the largest heavy duty truck “going global” strategy guages to better integrate ing its technologies. MAN strengthen its competitive- However, Sinotruk managed manufacturer in China by rev- in 2004, the company has into the local society, but obtained 25 percent-plus-one ness in segment markets, Cai to beat the industry average, enue, the company has long transformed itself from a has established trust among share in Sinotruk Hong Kong said, adding that it has devel- reporting only a 14.8 percent been committed to seeking heavy truck producer to a clients in overseas markets for 560 million euros ($627 oped four brands — Sitrak, decrease in exports year-on- business opportunities in Belt service provider in overseas for its life-cycle vehicle ser- Sinotruk has million) and agreed to trans- Howo, Steyr and Hohan — to year. and Road countries. markets, according to Ma. vices, according to Liu Wei, established a fer its advanced technologies serve different market seg- Lan Junjie, general manager “Sinotruk is not only keen A global marketing and deputy general manager of to the Chinese firm. ments. of the company’s international to seize business opportuni- service system that is able the company. strong level of The partnership allows To date, the company has department, said that the key ties along the Belt and Road to provide marketing, sales “Premium after-sales ser- Sinotruk to produce trucks expanded its offering to factors supporting export per- routes, but also strives to be service and react to clients vice has played a more sig- competitiveness in that meet European stan- more than 3,000 truck types formance were a well-estab- a pioneer,” said Ma Chunji, requests in an efficient and nificant role in supporting dards and enhance its com- in nine categories, compared lished network in traditional chairman of Sinotruk. “We effective manner has been brand building in overseas the global market. petitiveness in the global with the 78 types under one markets such as Africa and will support the Belt and developed, he said. markets than premium markets. category that it offered in Southeast Asia, as well as the Road Initiative by bringing The company has estab- products themselves. Ser- Our exports “I can proudly say that 2001. launch of new projects in other our products to these regions lished six regional service vices can create more brand Sinotruk’s engines and It also ranks first among Belt and Road countries such and strengthening production centers in Southeast Asia, value,” said Liu, adding that will support our spare parts can compete Chinese truck makers for as Pakistan. capacity cooperation.” the Middle East, South Afri- the company has maintained overall sales with those produced by the the number of drive formats In the first six months of By the end of August, ca, North Africa, Central strict quality standards in world’s leading truck makers and engine power. It now 2016, a total of 7,030 heavy Sinotruk had a sales network Asia and Russia and South foreign markets aimed at performance.” in many aspects, including has a distribution network trucks from Sinotruk were that covered 33 of the 65 Belt America. supporting its brand build- reliability and life cycles,” covering 96 countries and exported to countries along and Road countries, including It has more than 250 ing, capital management, tal- Ma Chunji, chairman of said Cai Dong, chief execu- regions including South- the Belt and Road routes, Pakistan, Russia and Malaysia. service stations, 225 parts ent, technology and market Sinotruk tive officer of Sinotruk. “We east Asia, Africa, the Middle contributing 47.88 percent to Since 2011, Sinotruk has warehouses and upward of development. know those are precondi- East, South America, Cen- its overall exports, compared exported more than 8,000 330 sales dealers in nearly In 2009, Sinotruk estab- tions for us to enter into tral Asia, as well as some with 42.2 percent in the same heavy trucks to Kazakhstan, 100 foreign countries. lished a long-term strategic high-end markets in devel- developed markets such as period last year. contributing to urban con- Sinotruk not only encour- partnership with German oped countries.” New Zealand, Australia and Demand in some Central struction and industrial devel- ages its sales staff to learn commercial vehicle manufac- Sinotruk has implement- Singapore. Asian countries more than opment there. CHINA DAILY Monday, September 5, 2016 WORLD 45

UZBEKISTAN HEALTH President Karimov is laid to rest Scientists conclude Singapore Zika strain The long-serving leader is hailed as came from SE Asia a true statesman By AGENCIES in Singapore Singapore on Saturday By AGENCIES in Moscow and reported 215 cases of Zika Samarkand, Uzbekistan infections as scientists in the The virus from city-state said the virus Uzbekistan’s leader Islam strain comes from within these two patients Karimov was hailed as a Asia and was not imported statesman and democrat by from Brazil. was not imported his government as he was laid The Ministry of Health to rest on Saturday in the and National Environment from South ancient silk road city of Agency said in a joint state- America.” Samarkand. ment on Saturday evening The coffin of 78-year-old that of the 26 new cases Joint statement, Singapore Karimov, whose death from a reported on Saturday, 24 Ministry of Health and National cerebral hemorrhage was were linked to a cluster in Environment Agency announced on Friday, was the Aljunied district where placed in the renowned Regis- the country’s first locally- Malaysian state of Sabah. tan Square, flanked on three transmitted cases were This comes two days after sides by Islamic schools cov- reported. the first case on Malaysian ered in intricate, colorful tiles The statement did not say soil was reported in a wom- and topped with aqua cupolas. where the other two cases an who is believed to have Thousands of men packed were from. contracted it while visiting the square — women were A week after Singapore her daughter in neighboring excluded in adherence to reported its first case of Singapore. Islamic norms — to hear a locally transmitted Zika Meanwhile, a 61-year-old mufti give a funeral prayer Mourners carry the coffin of Uzbek President Islam Karimov in Registan Square in Samarkand, Uzbekistan, on Saturday. The only leader the country has infection, local scientists man diagnosed with the first that said “Islam Karimov ever known since its independence died following a stroke. REUTERS said they have completed case of a locally transmitted served his people.” The body genetic sequencing of the Zika infection in Malaysia was then taken to the Shah-i- virus. has died from heart disease Zinda necropolis, another deep condolences and sincere and implemented a deeply with Uzbekistan as the coun- has sent fighters abroad. “The analysis found that complications, and not from architecturally significant site, sympathy to the Uzbek gov- thought-out strategy of build- try “begins a new chapter in its Under the Uzbek constitu- the virus belongs to the the mosquito-borne virus, for burial. ernment and people as well as ing a democratic constitution- history”. tion, if the president dies his Asian lineage and likely the health ministry said on Premier Li Keqiang visited Karimov’s relatives,” Zhang al state with a civil society and Alexei Pushkov, head of the duties pass temporarily to the evolved from the strain that Saturday. the Uzbekistan Embassy in said at the funeral after laying a market economy.” Russian parliament’s foreign head of the senate until an was already circulating in The ministry had said ear- Beijing to pay his respects. a wreath in front of Karimov’s Karimov cultivated no affairs committee, retorted on election can be held within Southeast Asia. The virus lier that the patient was Chinese Vice Premier Zhang portrait. apparent successor, some- Twitter that Obama “is mistak- three months. However, the from these two patients was already suffering from high Gaoli, special envoy of Chinese Karimov became the leader thing some fear its Islamic rad- en if he thinks this new chap- head of the Uzbek senate is not imported from South blood pressure, coronary President Xi Jinping, was of Uzbekistan in 1989, when it ical movement could exploit. ter will be written in regarded as unlikely to seek America,” the statement heart disease, chronic kid- among the mourners and inter- was a Soviet republic, and held Uzbekistan is ex-Soviet cen- Washington.” permanent power. said. ney disease, kidney stones national dignitaries. power throughout all of tral Asia’s most populous Given the lack of access to Two top officials are seen as The Aedes mosquito- and gout before he sought “The Chinese leaders, gov- Uzbekistan’s independence. country and borders Afghani- the strategic country, it’s hard likely successors to Karimov — borne Zika, which has been medical attention on Aug 30. ernment and people are deep- His Cabinet said in a state- stan, making it of strategic to judge how powerful the Prime Minister Shavkat Mirzi- detected in 67 countries and He had developed a fever ly grieved at the death of ment that Karimov “attained a interest to Russia and the Islamic Movement of Uzbekis- yoyev and Rustam Azimov, territories including hard- three days before that and President Karimov. On behalf high authority in the country United States. tan might be. Over the years, who is the finance minister hit Brazil, causes only mild sought further treatment as he of Chinese President Xi Jin- and in the international com- In a statement, President the group has been affiliated and deputy prime minister. symptoms for most people experienced worsening fever, ping, the Chinese government munity as an outstanding Obama said the US remains with the Taliban, al-Qaida and such as fever and a rash. muscle aches and diarrhea. and people, I am extending statesman, who has developed committed to its partnership the Islamic State group, and it AP—XINHUA But pregnant women who The patient died on Satur- catch it can give birth to dayfromcomplicationscaused babies with microcephaly, a by his underlying heart dis- deformation marked by ease, Malaysia’s Health Direct- MIDDLE EAST abnormally small brains and or-General Noor Hisham heads. Abdullah told Reuters, adding Malaysia on Saturday con- that the patient was due for firmed its first locally trans- bypass surgery next month. Stray dogs find shelter in battered Gaza mitted case of Zika infection in a man living in the eastern AFP—REUTERS

By AGENCE FRANCE- Gaza in 2007, Ar found himself number of visitors, many of PRESSE in Gaza City How can we create a shelter for out of a job. But he still collects them children. Some have a salary and now dedicates all asked to adopt a pet, a trend Briefly In an impoverished and strays when we need shelter his time to the dogs. picking up in Gaza. war-battered territory suffer- In the predominantly Mus- The phone rings constantly ing food shortages and a scar- ourselves? We must first feed our lim territory, religious authori- with people reporting strays in AFGHANISTAN THE PHILIPPINES city of jobs, Saeed al-Ar knew it children and find jobs for thousands ties consider dogs to be their neighborhood. 35 killed in bus, Mindanao struck was a tall order opening a dog unclean or impure. In such cases, search teams fuel tanker crash by earthquake shelter in Gaza. of unemployed graduates.” Some Gazans even shoot at are sent out, said Mohammed The Palestinian coastal stray dogs that approach their al-Hindi, 24, a recently gradu- At least 35 people were An earthquake of 6.1 magni- enclave crammed with 1.9 mil- Jasser Al-Sheikh, 27-year-old unemployed Gazan children or orchards, while ated nurse and one of 25 vol- killed early Sunday when a tude struck the southern lion people has been devastat- others find them scary and unteer helpers. passenger bus struck a fuel Philippine island of Mind- ed by three wars against Israel unemployed graduates.” Behind beige tarpaulin on a blame them for accidents. Every morning, the volun- tanker in a head-on collision anao on Sunday, the US since 2008, and it remains But Ar, a 45-year-old father of vast sandy expanse, dogs are The authorities lack the teers tour participating res- in the southern province of Geological Survey said. The under blockade by the Jewish seven, has taken it upon him- fed and given training to run resources even if they were taurants and stores to collect Zabul, officials said. “The quake struck at a shallow state and Egypt. self to intervene, spending his and jump obstacles. inclined to intervene. leftover meat and chicken for passenger bus was on its depth of 10 kilometers, 12 The fate of hundreds of stray own money to rescue the strays. “This is the first kennel in In the past they even tried to the dogs, in a sign of changing way from Kandahar to km northwest of the town of dogs outside towns or near the Last month, he opened the Palestine that supports stray poison strays, but stopped the attitudes in Gaza. Kabul when it collided with Hinatuan, the USGS said. Israeli security fence have territory’s first dog sanctuary dogs and domesticates them,” culling over concerns that it But Ar said he has already a fuel tanker. In the accident, The quake sent panicky peo- been anything but a priority. in a relatively well-off suburb Ar said. was also dangerous to humans, spent $35,000 and cannot 35 people were killed and ple into the streets, but “How can we create a shel- south of Gaza City. He used to run a police unit a municipal official said on make ends meet on his own more than 20 others were there were no immediate ter for strays when we need His Al-Soulala Association for dogs specializing in the condition of anonymity. much longer. wounded,” said Zabul’s Gov- reports of any casualties or shelter ourselves?” is the typi- for Protection, Rehabilitation detection of explosives and The kennel aims to catch The center needs $5,000 a ernor Bismillah Afghanmal. property damage and no cal view, as expressed by a and Training covers 2,700 drugs, and admits that stray dogs, provide veterinary month to function properly, tsunami warning. 27-year-old unemployed square meters, complete with canines have always been his services and help domesticate said Ar, who has launched an UNITED STATES Gazan, Jasser al-Sheikh. “We kennels which currently passion. them. online appeal to animal pro- Violence erupts SOUTH SUDAN must first feed our children house around 75 former When the Islamist move- Since its opening, the ken- tection groups and lovers over oil pipeline Sudanese ask UN and find jobs for thousands of strays. ment Hamas seized power in nel has attracted a growing across the world. for peacekeepers A protest of a four-state, $3.8 billion oil pipeline Displaced civilians and reli- turned violent on Saturday gious leaders in war-torn IRAN after tribal officials say con- South Sudan appealed to the struction crews destroyed UN Security Council on Satur- American Indian burial and day to urgently deploy extra cultural sites on private foreign troops as government Pistachio farms left dry by climate change land in southern North ministers questioned whether Dakota. Morton County more peacekeepers were Sheriff’s Office spokeswom- needed in the capital, Juba. By AGENCE FRANCE- southern Iran, cities have meters (deep) when I was a an Donnell Preskey said The 15-member council met PRESSE in Sirjan, Iran grown rich from pistachios, child, but now it’s 150, and the four private security guards with President Salva Kiir’s but time is running out for the water is bitter and salty,” he and two guard dogs were cabinet, religious and civil The pistachio trees at the vil- industry as unconstrained said. “This used to be a village injured after several hun- society leaders and visited two lage in southern Iran are long farming and climate change full of people. Most have left to dred protesters confronted UN compounds in Juba where dead, bleached white by the take a devastating toll. become laborers and drivers. construction crews at the tens of thousands of civilians sun — the underground water Near the city of Sirjan, a Ten more years and there will site just outside the Stand- have been sheltering. reserves sucked dry by decades long line of enormous sinkho- be nothing left.” ing Rock Sioux reservation. of over-farming. les like bomb craters mark the Iran faces two key challen- SYRIA The last farmers left with points where an underground ges — dealing with a year- Hurricane kills 2, Cease-fire deal their families 10 years ago, and aquifer was pumped com- slong nationwide drought dampens holiday could come soon the village has the look of an pletely dry, and the ground that shows little sign of abat- abandoned Martian colony. simply collapsed. ing, and trying to convince Hurricane Hermine A deal in Syria being dis- The dome-roofed, mud- “Farming is being farmers to stop the uncon- regained strength on Satur- cussed by the United States walled homes are crumbling, destroyed,” says Hassan Ali trolled pumping of water. A worker at a pistachio farm in Izadabad, a village in the southern day as it moved slowly up and Russia, which would once-green fields are now Firouzabadi, who has lived in Some 300,000 of Iran’s Iranian Kerman province, inspects the plants. Cities in the province the Eastern Seaboard and involve a countrywide nothing but dirt furrows, and the nearby village of Izadabad 750,000 water pumps are ille- have grown rich from pistachios. ATTA KENARE / AGENCE-FRANCE PRESS made a mess of the Labor ceasefire and focus on deliv- the only sign of life is a couple for half a century. gal — a big reason why the Day holiday weekend. Her- ering aid to embattled Alep- of drifters camping out in an His business is barely cling- United Nations says Iran is every year to desertification. pumps. The need to preserve mine caused at least two po, could be announced old storehouse. ing on. Some of his pistachio officially transitioning from a For centuries, Iran relied on water was little understood deaths, damaged properties soon, said Washington’s Syr- Pistachios are Iran’s biggest trees are old enough to state of “water stress” to one of the world’s most sophis- and secondary to self-suffi- and left hundreds of thou- ia envoy. The deal would export after crude oil, with remember the golden age of “water scarcity”. ticated irrigation systems — a ciency in food production. sands of people without oblige Russia to prevent Syr- 250,000 metric tons of the nut Shah Abbas in the 17th centu- In 2013, Iran’s chamber of web of underground canals “We are slowly moving past a electricity from Florida to ian government warplanes produced last year—afigure ry, but the leaves have turned commerce carried out a survey known as qanats that carried long-held illusion that we have Virginia. It spawned a tor- from bombing areas held by only recently topped by the yellow-green from the salty showing that Kerman prov- water from under mountains endless resources,” said Moh- nado in North Carolina and the mainstream opposition. United States. water he now dredges up. ince was losing about 20,000 to the arid plains. sen Nasseri at the National Cli- closed beaches as far north In Kerman province in “The well was six to 10 hectares of pistachio farms But then came the electric mate Change Office in Teheran. as New York. AFP — REUTERS — AP 46 SPORTS Monday, September 5, 2016 CHINA DAILY

SOCCER ready for historic qualifier Uncertainty remains over players as Stadium, coach Albert Bunjaki has had to operate with two lists of footballers — 15 who nation prepares for 1st Cup campaign can definitely play and 11 awaiting permission. By AGENCE FRANCE- He decided to assemble the PRESSE in first meeting of the team on Sept 1 in Turku for intensive Despite several potential training ahead of the match. players remaining in limbo, It is unprecedent- Despite the complications, Kosovo will make history on ed as they played Bunjaki remained upbeat. Monday, playing their first “This is just the beginning of ever competitive match in a for other national the project of creating a good World Cup qualifier against team for the next European Finland. teams while Championships,” he said. Kosovo became the 210th Choosing to switch teams member of FIFA in May, but Kosovo was not a was an agonising decision excitement ahead of the Bal- according to Norway’s Valon Not just a game kans outfit’s historic match member of FIFA. Berisha, who has applied to has been marred by questions play for Kosovo. Canadian Prime Minister Justin Trudeau (center) helps tip off the ball as NBA China CEO David Shoemaker (rear in blue) and former over who will be allowed to ... Now they should “I was born in Norway and NBA All-Star center Yao Ming (rear in black) look on during a visit to a Shanghai high school on Friday. Trudeau, as a guest coach, led play for the team. be given this everything I achieved was his squad, called the Raptors, to face a team coached by Yao. This activity aimed to enhance cultural and sports exchanges between According to FIFA’s rules, thanks to Norway. I was in lim- Chinese and overseas youngsters. PROVIDED TO CHINA DAILY someone who has played for opportunity.” bo for three to four weeks not another national team cannot knowing what to do.” normally switch allegiance, so Fadil Vokrri, In the end, he decided to head of Kosovo’s BASKETBALL a number of Kosovo’s potential soccer association play for Kosovo while his players have had to apply indi- brother Veton will stick with vidually for special permission Norway, he said. — which is still awaited. midfielder Alban Muja wrote Along with Finland, Kosovo Wade mourns cousin, urges tougher gun laws “It is unprecedented as they on his Facebook page. He will face Croatia, Turkey, Ice- played for other national intends to play for Kosovo aft- land and Ukraine in their By ASSOCIATED PRESS mouth ple killed in August in Chica- help bring people together.” teams while Kosovo was not a er switching from the . debut World Cup qualifying in Chicago when go, a city that has been Aldridge, 32, was pushing member of FIFA. ... Now they A total of 24 players with campaign. Republi- ravaged by gun violence and her baby in a stroller near a should be given this opportu- roots in Kosovo currently play As they don’t yet have a sta- Dwyane Wade has lashed can presi- once had some of the nation’s school where she’d planned nity like everyone else,” the for six other national teams. dium that meets international out against Chicago’s gun dential strictest gun-control laws, to register her children when head of Kosovo’s soccer associ- Most of them play for Alba- standards, Kosovo will play laws, calling them weak and candidate many of which are no longer she was shot in the head and ation Fadil Vokrri told AFP. nia, who are mourning the the opening home qualifier saying he’s urged officials in Donald on the books. Wade is return- arm. She wasn’t the intended “FIFA should allow a one-off decision of four players so far against Croatia on Oct 6 in the his hometown to enact Trump Dwyane Wade ing to Chicago this season aft- target, police said. exemption for Kosovo.” from their European Champi- Albanian city of Shkodra. changes to make the city saf- tweeted er spending the first 13 years Two brothers have been A FIFA spokesman said the onships squad this summer to Kosovo’s officials are hoping er. about his of his pro career with Miami charged with her killing. various applications “are cur- play for Kosovo. the stadium in the capital Pris- The Chicago Bulls star, cousin’s murder. Heat. Chicago’s 90 homicides in rently pending and being inves- Others include Belgium’s tina will be ready for World whose cousin was shot dead Wade spoke to ABC News “My purpose for being back August match the city’s most tigated”, but he could not give Adnan Januzaj, Finland’s Per- Cup qualifiers by June next. last week, also said his chil- in an interview broadcast Fri- in the city is bigger than bas- in any month since August an estimation of how long the parim Hetemaj and ’s Bajram Jashanica, a defend- dren are afraid of police day. The funeral for Nykea ketball,” Wade said. “Basket- 1996. Chicago police say decision process would take. Arber Zeneli, who all await the er for Albanians Skenderbeu officers in the same way he Aldridge, a mother of four ball is a big part of it, of 5,900 illegal guns have been Kosovo unilaterally declared green light from FIFA. Korce, has already made his was growing up and that who was killed on a Chicago course. It’s what I do for a liv- confiscated this year, and independence from Belgrade debut for Kosovo in a friendly prisons need to better reha- street, was on Saturday. ing. But I think my purpose at have said a fifth of the guns in 2008 and remains unrecog- ‘Just the beginning’ against Turkey, and said the bilitate inmates. “For our family, it was very the end of the day is hopefully used in crimes in the city nized by several countries. Amid the uncertainty ahead long wait for Monday’s match Wade added that he was tough,” Wade said. to come to Chicago and be a come in from neighboring “It is a dream come true,” of the game at Finland’s Turku was motivating the team. left with “a bad taste” in his Aldridge was one of 90 peo- part and be the voice that can Indiana. CHINA DAILY Monday, September 5, 2016 SPORTS 47

TENNIS TENNIS Serena solid for record 23rd major title Dimitrov ‘back in love’ with sport By ASSOCIATED PRESS her coach, Patrick Mourato- in New York glou. “But for someone who didn’t play many matches in By AGENCIES So about that inflamed right the last two months, I think shoulder that was supposed to she’s competitive.” Grigor Dimitrov was once hinder Serena Williams at the Now there’s an understate- in danger of spending his US Open as she seeks a record ment. career either struggling to 23rd major title: It sure seems “There is no pain. Maybe she live up to being dubbed the to be just fine. feels a little. I don’t know; I’m “new Federer” or being “Definitely feels solid,”Willi- not in her shoulder. But I see she known as the boyfriend of ams said. plays normal. She serves nor- Maria Sharapova. Not sure? There’s plenty of mal. At practice, she serves the But with Federer sidelined Grigor Dimitrov of Bulgaria evidence. No need to take her quantity that we usually do, full from the US Open, and with reacts after winning a point word — or her coach’s — for it. power,” Mouratoglou said. “So I Dimitrov and Sharapova no against Joao Sousa. AP Look at the way Williams don’t see any problem. And she longer the sport’s golden beat 47th-ranked Johanna doesn’t even talk about it. I couple, the 25-year-old Bul- Larsson 6-1, 6-1 on Saturday to know it’s under control now.” garian is enjoying having the In Cincinnati, on the eve of reach the fourth round at That sounds like bad news spotlight lifted from him. the US Open, Dimitrov made Flushing Meadows and collect for upcoming opponents, “I think a lot has changed the semifinals at a Masters the 307th Grand Slam match starting with 52nd-ranked over the past year and a half for the first time, defeating victory of her career, surpassing Yaroslava Shvedova, who for me. I fell in love with ten- world No 3 Stan Wawrinka Martina Navratilova for most advanced to the round of 16 in Serena Williams of the United States prepares to serve to Johanna Larsson of Sweden during the third nis again. It’s simple as that,” in the third round before los- by a woman in the Open era New York for the first time by round of the US Open tennis tournament on Saturday. ASON DECROW / ASSOCIATED PRESS said Dimitrov, a former ing to eventual champion and equaling Roger Federer for beating Zhang Shuai 6-2, 7-5. world No 8, now down at 24 Marin Cilic in three sets. most by anyone since 1968. Monday’s other fourth- in the rankings. “I have started to enjoy the Williams reached 194 km/h round women’s matchups will the last name Williams have “She’s dangerous,” Mourato- where she teamed with Venus A 6-4, 6-1, 3-6, 6-2 win over process again. I’m enjoying on a serve. She had a half-doz- be Williams’ older sister Venus won a Grand Slam title; the glou said. “But I think Serena to win doubles and tied Steffi Portugal’s Joao Sousa on Sat- the work again. I’m enjoying en aces, bringing her total this versus No 10 Karolina Plisko- sisters could meet in the semi- is even more dangerous.” Graf’s Open-era record with urday gave him a place in the waking up in the morning week to 31. She faced only one va, No 5 Simona Halep versus finals a year after Serena elim- Larsson would probably Grand Slam singles title No second week of a Grand early to come to practice. I’m break point — her first of the No 11 Carla Suarez Navarro, inated Venus in the quarters. agree. 22. Slam tournament for the enjoying doing the ice baths tournament — and saved it. and No 4 Agnieszka Radwan- Williams is 4-0 against “You’re out there, you’re try- This was Williams’ first day- first time this year. again. I’m enjoying pretty She smacked seven return ska versus Ana Konjuh. Shvedova, who is best known ing to find ways to win,” Lars- time match of the US Open, so World No 2 Andy Murray much everything that I do,” winners. She compiled a 24-5 Venus Williams advanced for the first “golden set” in the son said, “but sometimes, it’s she debuted a new outfit — a awaits him on Monday with he said. total edge in winners. comfortably Saturday night by Open era, which began in just not happening.” white dress accessorized with a spot in the quarterfinals at “You don’t think of any- “Tennis-wise, I think it was beating No 26 Laura Siege- 1968: She won all 24 points of Mouratoglou said Williams’ neon pink compression wraps stake. thing else. I started to enjoy very satisfying in all aspects. mund 6-1, 6-2. In that half of the first set against Sara shoulder began bothering her on her arms, which she called Dimitrov appeared to those butterflies before a It’s not perfect, of course,” said the draw, only the players with Errani at Wimbledon in 2012. a day or two after Wimbledon, “my Wonder Woman sleeves.” have the world at his feet in match, complaining to your 2014. Sharapova was his girl- coach that you’re, like, short friend and he reached the of breath because you’re so semifinals of Wimbledon nervous to come on court. Scoreboard and quarterfinals of the Aus- “Those are moments I’m tralian Open. sure I’m always going to But his form went down- appreciate hopefully for the

BASEBALL sche Bank Championship at TPC on 205 - Lee Min-Jee (AUS) 70-69-66, Caroline 203 - Li Haotong (CHN) 65-70-68, James Stan Wawrinka (SUI x3) bt Dan Evans hill in 2015 and in the first rest of my career.” Saturday (par-71, USA unless stated): Masson (GER) 68-69-68 Morrison 65-70-68, Alexander Levy (FRA) (GBR) 4-6, 6-3, 6-7 (6/8), 7-6 (10/8), 6-2; Kei Results of MLB games on Saturday (home half of this year. Against Wimbledon and 131 - Kevin Chappell 67-64 206 - Lydia Ko (NZL) 70-72-64, Catriona 68-67-68, Graeme Storm 66-69-68, Marcus Nishikori (JPN x6) bt Nicolas Mahut (FRA) teams in CAPS): 132 - Paul Casey (ENG) 66-66, Jimmy Walker Matthew (SCO) 72-68-66, Lizette Salas Fraser (AUS) 65-69-69, Callum Shinkwin 4-6, 6-1, 6-2, 6-2; Ivo Karlovic (CRO x21) bt Between May and June, he Olympic champion Murray, San Francisco 3 CHICAGO CUBS 2 Jared Donaldson (USA) 6-4, 7-6 (7/3), 6-3; 68-64 71-69-66 66-68-69, Joachim Hansen (DEN) 65-68-70 endured a six-match losing he has a 6-3 losing record, TEXAS 12 Houston 4 Selected others Grigor Dimitrov (BUL x22) bt Joao Sousa 133 - Brian Harman 68-65 Show/Hide WidgetsShow/Hide Widget- CINCINNATI 9 St. Louis 1 205 - Matthew Fitzpatrick 75-65-66, Lee (POR) 6-4, 6-1, 3-6, 6-2; Andy Murray (GBR streak and his ranking but he came out on top in 134 - Smylie Kaufman 68-66, Dustin Johnson sRefreshBackForward TAMPA BAY 7 5 Westwood 72-66-67 x2) bt Paolo Lorenzi (ITA) 7-6 (7/4), 5-7, 6-2, 68-66 Atlanta 6 PHILADELPHIA 4 (10 innings) 207 - Danny Willett 65-72-70 6-3 slumped to 40, his lowest in their last clash in Miami in European Masters Milwaukee 7 PITTSBURGH 4 135 - Brian Stuard 66-69, Daniel Berger 210 - Thongchai Jaidee (THA) 72-68-70 three years. March. BALTIMORE 2 NY Yankees 0 67-68, Ryan Moore 65-70, Gary Woodland Leading third round scores on Saturday Women’s 3rd rd MINNESOTA 11 Chicago White Sox 3 69-66, Justin Rose (ENG) 68-67, Patrick Reed from the European Masters at the Crans- TENNIS Serena Williams (USA x1) bt Johanna Lars- The summer has seen a “I think our styles just 68-67 son (SWE) 6-2, 6-1; Yaroslava Shvedova CLEVELAND 8 Miami 3 sur-Sierre Golf Course in Switzerland (GBR US Open resurgence, with Danny Vall- kind of fit our games. There’s NY METS 3 Washington 1 & IRL unless stated, par 70): (KAZ) bt Zhang Shuai (CHN) 6-2, 7-5; Carla Results from the sixth day of the 2016 US KANSAS CITY 5 Detroit 2 Manulife LPGA Classic 197 - Scott Hend (AUS) 65-67-65 Suarez Navarro (ESP x11) bt Elena Vesnina verdu — once part of Mur- going to be a lot of challenges Open tennis championships at Flushing Arizona 9 COLORADO 4 Leading scores after the third round of the 198 - Alex Noren (SWE) 69-63-66 (RUS x19) 6-4, 6-3; Simona Halep (ROM x5) ray’s coaching team — in his against Andy,” he said. Meadows on Saturday (x denotes seeded bt Timea Babos (HUN x31) 6-1, 2-6, 6-4; Boston 11 OAKLAND 2 Manulife LPGA Classic at Whistle Bear Golf 200 - Richard Bland 67-64-69 player): Agnieszka Radwanska (POL x4) bt Caro- corner becoming the Bulgar- “He’s going to be ready as LA Angels 10 SEATTLE 3 Club on Saturday (par 72, USA unless stat- 201 - Mikko Ilonen (FIN) 66-67-68, Alejandro Men’s 3rd rd line Garcia (FRA x25) 6-2, 6-3; Ana Konjuh LA DODGERS 5 San Diego 1 ed): Canizares (ESP) 69-64-68, Andrew Johnston Dominic Thiem (AUT x8) bt Pablo Carre- (CRO) bt Varvara Lepchenko (USA) 6-3, 3-6, ian’s sixth coach since 2009. ever. He’s just really confi- 202 - Lee Mi-Hyang (KOR) 69-67-66 65-68-68, Romain Langasque (FRA) 68-63-70 GOLF Busta (ESP) 1-6, 6-4, 6-4, 7-5; Juan Mart Del 6-2; Karolina Pliskova (CZE x10) bt Anasta- At the Toronto Masters, he dent right now. He’s been 203 - Kim Hyo-Joo (KOR) 68-67-68 202 - David Drysdale 70-68-64, Florian Potro (ARG) bt David Ferrer (ESP x11) 7-6 sia Pavlyuchenkova (RUS x17) 6-2, 6-4; Deutsche Bank Championship 204 - Ariya Jutanugarn (THA) 70-68-66, P.K. Fritsch (GER) 67-69-66, Richard Green (AUS) (7/3), 6-2, 6-3; Illya Marchenko (UKR) bt Venus Williams (USA x6) bt Laura Siege- reached the last-eight, losing playing extremely good ten- Leading scores after second round of Deut- Kongkraphan (THA) 69-66-69 65-66-71 Nick Kyrgios (AUS x14) 4-6, 6-4, 6-1 - retired; mund (GER x26) 6-1, 6-2 to Kei Nishikori. nis. He knows what to do.”

Company special

Public face of a CEFC China private firm

CEFC China Energy Co Ltd is a private collective enterprise with energy and financial in long line services as its core business. The company was established by Jianming in 2002 and holds shares and controling interests in several foreign of Chinese public companies. It has a workforce of nearly 30,000. With expanding international economic cooperation in the energy M&A titans sector as its strategy, CEFC China seeks to establish a By ZHUAN TI merger and acquisition tactics well-organized international [email protected] adopted by Chinese compa- investment bank through its nies in recent years. Accord- operations and investment in Shanghai-based CEFC Chi- ing to statistics from Thomp- the energy sector. na Energy Co Ltd’s acquisition son Reuters, Chinese com- CEFC China has been of the Czech steel producer panies have so far this year actively exploring and ZDAS, which has an annual announced about 300 merger plotting the possible future sales revenue of nearly 1.3 and acquisition deals, totaling development path for private billion euros ($1.5 billion), more than $100 billion, which enterprises. It has injected its was recently approved by the is close to last year’s total. core values into its corporate Czech antitrust office. The Located in the heart of A man works at ZDAS, a Czech steel engineering company acquired by CEFC China Energy Co Ltd. PHOTOS PROVIDED TO CHINA DAILY culture based on the business acquisition includes not only Europe, the Czech Republic philosophy of “arising with the purchase of ZDAS, but also plays a crucial role as the bridge strength and achieving with its machinery manufacturing between Europe and Asia, hav- Its (CEFC China’s) upstream One of the Czech Republic’s goodness”. enterprise TS Plzen and one of ing an influence on Western $1.5 leading soccer teams, SK Sla- Its innovative corporate its branches in Germany. Europe, Central Europe and businesses will be in Central Asia, via Praha, was on the brink governance model is reflected With a history of about 50 Russia. It is China’s second- billion of bankruptcy before it was by a system that combines years, ZDAS is a first-class iron largest trading partner in Cen- the Middle East and Africa.” acquired by CEFC China last strategic and financial control and metallurgy engineering tral and Eastern Europe, and investment of CEFC China in year. Now, thanks to the com- from its headquarters with company in Europe. China is the Czech Republic’s the Czech republic , CEFC China’s chairman of the board pany’s investment, the club’s partnership systems at its The acquisition is one of largest trading partner outside fans are looking to the future subsidiaries. The model aims China’s largest investment the European Union. with renewed optimism. to promote core business, projects in the Czech Republic. CEFC China, which cur- invested more than 10 billion second-largest airline in the said Ye Jianming, CEFC Chi- “Keeping promises and pay- talent professionalism, asset The strategy is in keeping rently ranks 229th on the yuan ($1.5 billion) in the Czech Czech Republic, with the aim na’s chairman of the board. ing attention to the emotional securitization and refined with the aggressive overseas Fortune Global 500 list, has Republic and is China’s big- of making Prague a Europe- “The terminals in Europe will bond are some of the main management. gest investor there. an air transport hub, which connect Central Asia, the Mid- reasons for CEFC China and The company saw its To promote the Belt and would also make it easier for dle East and Russia.” many other Chinese compa- revenue exceed 263.1 billion Road Initiative, the company- Chinese companies to enter He said CEFC China has nies to successfully expand yuan ($39.5 billion) last has built a second headquar- the European market. established branches in several overseas and win the recogni- year, and it placed 229th ters in the country, expanding In the energy sector, CEFC European countries and also tion of local administrations on its third consecutive its finance, manufacturing, China has agreed to acquire 51 its European headquarters in and people,” said Chen Qiutu, appearance in the Fortune tourism and air transporta- percent of KMG International, the Czech Republic and its Eur- president of the company. Global 500 this year. It has tion businesses. which has an industry chain asian headquarters in Georgia. CEFC China’s investments also been recognized with a At the Sino-Czech eco- covering oil storage, refinery This is, however, just part in the Czech Republic appear number of awards and titles, nomic and trade roundtable and sales, owning more than of CEFC China’s plan. It has to have spawned further including the World’s 500 on March 30 in Prague, CEFC 2,000 gas stations in Spain, also purchased Le Palais, a opportunities with Georgia Most Influential Brands, Asia’s China signed contracts to France and Romania. renowned luxury five-star inviting cooperation with the 500 Most Influential Brands, acquire ZDAS and purchase “Following the Belt and boutique hotel located in the company in areas such as Most Influential Chinese a 50 percent stake in J&T Road Initiative, CEFC China center of Prague, as well as power facilities and postal sav- Enterprises and Top 10 Most Finance Group, becoming the will build the downstream and brewer Pivovary Lobkowicz ings banks. It has also agreed Internationally Competitive first Chinese private company terminal oil and gas stations in Group. CEFC China now has to cooperate with Bulgaria in Chinese Enterprises. to control a European bank. Europe, and its upstream busi- diversified business interests telecommunications, power ZHUAN TI CEFC China has purchased SK Slavia Praha, one of the leading It also became a share- nesses will be in Central Asia, throughout Europe, and has grids, airport construction and soccer clubs in the Czech Republic. holder in Travel Service, the the Middle East and Africa,” even branched into sports. infrastructure. 48 ADVERTISEMENT Monday, September 5, 2016 CHINA DAILY