Bank of Beijing planning venture with Dutch lenderCo Ltd said

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 the 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 become 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.

Drawing on 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 financial 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.

www.qianhuanet.com

But Bercow ruled that, according to parliamentary proc

  edure, the government could not repeatedly put a motion before lawmakers if it had been previously rejected in the same session.

  May’s deal suffered a second, crushing defeat last week when it was rejected by 149 votes.

  ”What the government cannot legitimately do is resubmit to the House the same pr

oposition — or substantially the same proposition — as that of last week, which was

rejected by 149 votes,” Bercow said in an unannounced statement on Monday.

  Third time lucky for Theresa May’s Brexit vote?

  Bercow said that, in his view, the first two motions on May’s Brexit deal were sufficiently different not to have broken parliamentary convention.

  The speaker did not set out what tests the government would have to meet if it was to succ

essfully submit its deal for a third vote, saying only it would have to be “fundamentally different.”

  In response, a Downing Street spokesperson said, “We note the speaker’s statement. This is a statement that requires proper consideration.”

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Preserving relics key objective of museums Palace Museum

The role of museums as cultural heritage institutions tasked with securing and preserving cultural relics cannot be weakened, an official said.

Liu Yuzhu, director of the National Cultural Heritage Administration and a national political adviser, stressed on Sunda

y that Chinese museums, especially those built on ruins or around ancient architecture, should stay the course.

Liu also pointed out that museums should maintain a level of elegance and not devolv

e into vulgar market fairs and commonplace entertainment venues so as to elevate the cultural IQ of the general public.

Visiting museums is an increasingly popular activity in China.

There has been an annual increase of about 100 million people visiting museums nationwide over the past three years, Liu said.

Over 40 percent of the 415 million people who traveled in China during the Spring Festival

holiday this year stepped into museums, according to China Tourism Academy.

He described Chinese museums as currently enduring “growing pains”, adding t

hat the country’s museums are tackling capacity limitations amid booming demand.

shlfweb.cn

But that’s changed in modern history. If you look only

  at vetoes since 1972, when Richard Nixon faced a Democratic-led Congress, most

of the vetoes have come when at least one chamber was not aligned with the President.

  Veto overrides, of course, are much more rare than vetoes. There

have been only 111 in the history of the country, and they have impact.

  One of the country’s few impeachments, Andrew Johnson’s, was precipitated by a veto override.

  In more recent history, the Clean Water Act in 1972 and an expansion of the Freedom of In

formation Act in 1974 both passed despite presidential vetoes. The last time an appropriations bill was ove

rridden was during Ronald Reagan’s administration in 1982, according to The American Presidency Project.

  George W. Bush vetoed 12 bills during his presidency and Congress overrode a quarter of them

ash521.cn

In 2018, the government introduced several policies to offer

 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 opening 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 be 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 hospitals 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.

qckwb.cn

The Hong Kong Special Administrative Region (HKSAR) will

give full play to its advantages and seek complementary and mutually beneficial cooperation on inn

ovation and technology in the development 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 technology 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 unveiled 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.

Home to 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

www.xvsic.cn

Hulu has a special treats on offer for Valentigy eases travSpri

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 population 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 toward 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

engthen the 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.

www.shlfcm.com

Chinese crafts, performances bring Lunar New Year vibe to Ame

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 struggled 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, were 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 research” 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 enthusiasm 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.

ourside.cn

pean countries know what they are doing and how to deal w

  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 impacted 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 international 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 carry 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 hegemony, 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.

www.wkvipweb.cn

Sun Xingtu’s Beginning of the Asian Cup Sino-Korean War

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 National 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

ho played 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 the 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 he 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.

China Start:

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

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