Youssef, 10 and Sami, 8, from Armenia, have lived like locals in Southwest China's Chongqing for six years. They are fluent speakers of the local dialect, go to local school and enjoy the famous spicy hot pot. Their father, Rami Khalil, who teaches marketing at Sichuan International Studies University, said Chongqing is a very promising city which provides many opportunities for foreigners. (Video by Wu Siyu/Zhou Sihan)
Yi Gang, vice-governor of the PBOC, said efforts are also being made to advance capital account convertibility, including direct investment and portfolio investment. With the two major means of foreign direct investment and overseas direct investment, it will be quite easy to carry out direct investment against the backdrop of real trade and investment, he said.
Yet, such career longevity may not be available to the younger generation. We have to balance the burden of both the opportunities afforded to us along with the anxiety of continual learning and improving ourselves in an era with rapidly evolving technology, in order not to be left behind by social development.
Yu said he often longed to travel more than 1,000 kilometers from his home in Hangzhou, Zhejiang province, to Beijing in the hope of enjoying autumn in the capital.
Yuan Da, spokesman with the National Development and Reform Commission, said most Chinese major industrial enterprises have restarted production, and the NDRC will continue to make a big push to ensure orderly resumption of work across the country.
Yu Haiming never expected to be well-known, but that changed when he became involved in a case of assault that has dominated headlines in the past week.
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Yi Gang, governor of the PBOC. [Provided to China Daily]
Yu Xuejun, vice-minister with the National Health Commission, said authorities have zero tolerance for abuse of children.
Yet there is at least one thing these two generations can agree on-that China is a gigantic market that offers a range of opportunities for any business.
Yu said that given its high savings rate and large amounts of government-controlled assets, the country still has plenty of scope for monetary and fiscal policy maneuvers to boost growth.