magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
skiing training and the number will continue to rise, with expectations of 70,000 enrolled by the end of this year, he added.
He also said Yanqing has built more ski runs over the last two years, based on seasonal features and site conditions.
Some important events and testing activities are expected to be he
ld in Yanqing – for example, the 14th National Winter Games Alpine skiing speed events in 2020.
Zheng, the deputy commissioner, said schools in Yanqing also created some outdoor ice rinks when winter weather cond
itions allowed, while in summer, manmade ice would be a good choice for campuses to open up skating practice.
Yanqing will put more effort into increasing the number of qua
lified winter sports instructors, improving school curriculum and hastening constr
uction of winter sports venues to add more flavor to the upcoming Winter Olympics in China, he said.
followers on Sina Weibo and works as a part-time commercial photogra
pher, said that virtually all his female clients ask him to alter their pictures digitally to mak
e them appear skinnier before they are posted online－even those who are already super-thin.
The 30-year-old also engages in “fat talk” with his fri
ends, and sometimes jokes about his rotund belly to his followers on Sina Weibo.
He said, “Different from women, guys my age or younger engage more in ‘mus
cle talk’ because they want to be bigger and stronger”, while many middle-aged men who h
ave gained weight get caught up in “fat talk”, as they “want to lose weight and be heathier rather than prettier.”
Denise Martz, a professor of psychology at Appalachian State University in
North Carolina, US, said, “Social media is giving women a false sense of how they usually look.
ions of a culture of sexism and bullying at Uber and US Department of Justice investigations. After a series of embarrassments, Kalanick was forced to res
ign in 2017 by a group of investors. Uber then hired Khosrowshahi to lead the company.
Uber has said it has the potential to grow not just in the cab hailing business, but also as a “sup
erapp” to provide logistic services, such as grocery and food delivery, organizing freight tra
nsportation, and even financial services, much like Grab, its Southeast Asian counterpart.
But market experts have struggled to find value in a company that has consistently posted los
ses, and warned that it may never be profitable. “The business is unprofitable, new entrants can enter the ma
rket, there is potential regulatory risk, and it is very price sensitive. What is there to like about this opportunity?” Ro
bert Johnson, professor of finance at Heider College of Business, Creighton University in Omaha, Nebraska said.
including existing ski resorts and some newly built projects, to host all eight Olympic snow sports
in 2022. The three clusters will be connected by a new high-speed railway, which will be completed by t
he end of this year. It looks beyond the Games to boost future winter sports tourism.
According to the organizing committee, all 26 venues for 2022 will be ready by June next year with the f
irst test event, a World Cup skiing series, scheduled to be held in Yanqing’s National Alpine Skiing Center in February.
About 90 percent of the earth moving work for the mountain center is now complete, and a 53-hecta
re forest reserve has been built nearby for transplantation of all the trees affected by the construction.
“The preparations are ready to step up to the next stage, from planning to
the readiness phase. Beijing is ahead in the race against time,” said Liu Yumin, dire
ctor of the planning, construction and sustainable development department of the 2022 Olympic Organizing Committee.
Huawei ranking first, according to a report by IPlytics, an authorized patent data company.
Chinese companies topped the list for most 5G Standards-Essential Patents applications in communicat
ion systems by the end of April, accounting for 34 percent of the world’s total, The Paper reported Wednesday, citing the report.
Chinese tech giant Huawei has taken a leading role by owning 15 percent of Stan
dards-Essential Patents, according to the report Who Is Leading the 5G Patent Race?
5G SEPs are patents any company will have to use when implementing standar
dized 5G technology and no one can avoid them, giving them key value among all patents.
Three industrial leaders from China were included in the top 10 list of 5
G SEP family owners, with Huawei taking the crown, and ZET Corp and China Academy of
Telecommunications Technology grabbing fifth and ninth places, respectively.