Personal bankruptcy is a legal system under which an insolvent individual who declares bankruptcy distributes all of his or her property in an equitable manner to all creditors, and is exempted from the liability the individual is unable to pay back. China's current bankruptcy system framework is the Enterprise Bankruptcy Law, which ignores natural persons.
People attend an opening ceremony of a post office at the foot of Mount Kailash. [Photo/China Daily]
People queue to cast their ballots at a polling station in Suffolk County of the New York State, the United States, Oct 31, 2020. New York State's early voting period runs from Oct 24 to Nov 1, ahead of the Nov 3 Election Day. [Photo/Xinhua]
People focusing too much on themselves and the building of wealth, instead of interest for the community and the country. That is a great problem in the West, and I feel it is becoming more prevalent in China.
Pharmaceutical and medical device companies are also encouraged to increase their own R&D investments, especially in new technologies such as immune cell therapy, monoclonal antibody drugs and gene therapy.
Permanent urban residents amounted to 810 million at the end of the last year, up by 640 million from 1978, with an annual average growth of 16.44 million, the National Bureau of Statistics (NBS) said in a report Monday. The urbanization rate stood at 58.52 percent, surging from 17.92 percent four decades ago.
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Personnel at the ASDF base said that no one was injured as a result of the emergency landing.
Peng Tao, deputy director general of the Department of American and Oceanian Affairs at the Chinese Ministry of Commerce, said the forum was the first offline event between China and LAC countries this year.