Bank of Beijing Co Ltd said on Friday that it has got the necessary board approvals for the esta
blishment of a joint venture with Netherlands-based ING Bank NV, in which t
he latter will be the majority partner. With a total investment of 3 billion yuan ($448 million), the forthcoming joint-venture bank, whic
h is still waiting for regulatory approval, may bec
ome China’s first commercial lender in which a for eign shareholder has a controlling interest. According to the plan, ING Bank will hold a 51 percent stake, and Bank of Beijing 49 percent.
n the experience of ING Bank in the successful development of direct ba nking services, the joint venture will build a brand in the area of digital banking with the help of financial tec
hnologies and try to become a benchmark in terms of the implementation of China’s push to further open
up its fi
nancial sector to foreign investors, said the mid-tier commercial lender BOB in an announcement. Different from the traditional counter-based model, the direct banking model uses e-cha
nnels to provide financial products and therefore has no restriction of time, regions or geographic branches.
more support to private hospitals. According to the policies, private hospitals will have the same assessment system as
public hospitals, the government will not limit the o
pening of general clinics, third-party medical insti tutions will have their own standards, and internet hospitals will be encouraged.
Judging from the policies, opening up the incremental market will c
ontinue to b
e an important direction for medical reform in the nex t few years. At the same time, the government will also tighten the supervision of private hospitals, in the ho
pe of forming a diversified system with public hospi
tals being the main body, supplemented by private institutions. On Nov 5 2018, President Xi Jinping gave a speech during the opening
ceremony of the China International Import Expo, stating that China is steadily expanding the
opening-up of the financial sector, and will loosen
limitations on foreign investment in the medical field. Market insiders said that this is a positive signal for China’s medical sector to attract foreign investment.
According to the notice issued by the government in 2000, forei
gn capital can contribute up to a 70 percent share of China’s medical institutions.
give full play to its advantages and seek complementary and mutually beneficial cooperation on inn
ovation and technology in the developm
ent of the Guangdong-Hong Kong-Macao Greater Ba y Area, an official of the HKSAR government said in a recent interview with Xinhua.
The Guangdong-Hong Kong-Macao Greater Bay Area aims at building a globally influenti
al international innovation and technolo
gy hub, and Hong Kong’s role should be “capitalizing its strengths to serve the country’s needs,” the HKSAR government’s Secretary for Innovation and Technology Nic
holas Yang said Tuesday, one day after China un
veiled an outline development plan for the Greater Bay Area. To build an international innovation and technology hub, Hong Kong has multiple advantages due to its world-class uni
versities, high international recognition and relatively low financing cost, according to Yang.
four of the world‘s top 100 universities, Hong Kong i s well recognized for its basic scientific research, he said, adding that the newly un
veiled outline development plan may encourage other elite universities around the globe to upgrade cooperation w
During this year’s Spring Rush (or chunyun), which started on Jan 21 and will end on March 1, Chinese people are expected to make about 2.99 billion trips. Th
is is equivalent to relocating the entire populati
on of Africa, Europe, the Americas and Oceania in 40 days. That China successfully manages the largest mass migration in the world shows the Chinese e
conomy remains vibrant and the country is moving t
oward overall prosperity. According to statistics from relevant de partments, China’s total passenger transport capacity, including the railways, waterways and civil a
viation, during the 2019 chunyun is expected to
increase by more than 5 percent over last year’s. Which means C hina’s transportation authorities have made great efforts to optimize and improve passenger transfer services.
For passengers’ convenience, the authorities are widely applying smart and information tech
nologies to promote closer cooperation among the railways, civil aviation and road networks, and str
e links among different transport modes, in order to provide the passengers with better “last-mile” services. Hainan Island Circular High-Speed Railway has taken the lead in piloting e-ticket rail travel. The Haina
n railway project is aimed at replacing paper tickets with e-tickets, and making identity cards or certificates the travel vo
ucher, in order to establish a self-service entrance and exit, and self-service ticket change and refund mechanisms.
A 13-year-old American boy’s first lion dance performance was a bit different
than usual. He held up the lion’s head, his younger siste
r, brother and another little girl stood beneath the tail, and the four of them strugg
led to go in circles before losing the “tail” shortly after. “It’s so difficult because you really have to coordinate, you have to hold it up and
blink and move, there are a lot of moving factors,” the boy told Xinhua. “It was really cool.”
The boy and his siblings from Odenton, Maryland, we
re joining hundreds at a Chinese craft demonstration at the Ma ryland Hall for the Creative Arts, located in the state capital Annapolis, on Tuesday, the first day of the Lunar New Year.
The mother of the three, Annette, who only gave her first name, told Xinhua they have done “a li
ttle bit of rese
arch” on lion dance before going to the event, and her son, who has learnt Chinese for three years, watched the Spring Festival gala at school to better understand the Chinese New Year.
Chinese artist Zhang Longze told Xinhua that the enth
usiasm of local residents was way beyond his expectation. “So ma ny people came. They don’t just look and walk away, they asked me many questions, and I’m running out of name cards,” he said.
The US has planned a lot of things, and not all of them have been realized. If everything is done according to the will of the US, the world would not be what it is today.
GT: How have long-lasting US sanctions i
mpacted Iranian economy, trade and people’s daily life? How do Iranians deal with the sanctions? Keshavarz The sanctions have indeed brought a lot of inconvenience to the Iranians, but this does not mean that we will give up
our goal. These sanctions violate internationa
l regulations. We are used to the US’ approach and we know how to deal with it. But other countries sho uld not support its hegemonic designs, otherwise one day they may be treated the way we are being treated by the US.
If you visit Iran, you can see that Iranians c
arry on with their lives normally and are safe. But there are certainly s ome economic shortages. In our people’s view, they do suffer from some inconvenience, but they can und
erstand that these are because of hegemo
ny, and we have been together dealing with the hardships. GT: US President Donald Trump has announced that the US would pull its troops out of
Syria. What do you think of Trump’s decision? What changes do you think it will bring to the Middle East?
To be frank, the US withdrawal from the region, not just Syria but also other countries like Afghanistan, will bring security to the region.
At 21:30 p.m. Beijing time on January 16, the last round of Group C of the Asian Cup group match started to compete. China will face South Korea and win the first place in the group after a draw.
Let’s first look at the starting line-up of the Nation
al Football Team. In terms of goalkeepers, the National Football Team still uses Yan Junli ng, the first goalkeeper who played well in the first two games. In the back line, Lippi put Feng Xiaoting, the veteran of the National Football Team, on the bench, and Liu Yiming, w
in Tianjin Tianhai Club, put on the bench. In midfield, 38-year-old veteran Zheng Zhi still started the game. Zhao Xuri and Wu Xi also got the chance to start. Looking at the midfield line, w e can see that all three of them participated in the second FIFA match against th
e Philippines. It can be seen from this that, although we have made a group appea rance ahead of schedule, Lippi did not give up the game at all, so he still chose to play. The main players are in the same league as the South Korean team.
Now let’s talk about the most concerned forward line-up. Jin Jingdao should be playing as a striker
. Although h
e did not perform well in the first round against Kyrgyzstan and was replaced early in the first half, Lippi sti ll gave him enough confidence in a key match like Game 3. At the same time, National Football Team’s substitute Fujian is stronger than Dabao in this match. His
performance also touches the hearts of numerous Chinese fans. Considering the particularity of Zhang’s position, he can play in midfield, forward and full
-back, which gives Lippi great advantage in dispatching on the spot. Regarding the starting line-up of the Korean national team, I believe that the most importa
nt concern is whether the Asian King Sun Xing-soo has the chance to start. Now the editor can tell you that Sun Xing-soo will definitely start the game. Althoug
h Wu Lei did not appear in the list due to injury problems, we can still see the collision between the Asian King and the national football team.
Goalkeeper: Yan Junling
Guards: Zhang Linqian, Shike, Liu Yiming and Liu Yang
Midfield: Jin Jingdao, Zhao Xuri, Zheng Zhi, Wu Xi and Zhang Chengdong
Forward: Yu Dabao