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Ma Yong, secretary general of China National Food Industry Association said China had become a driving force in global wine consumption and the figure was expected to grow further with the improvement of Chinese living standards.

Major overseas trading platforms including CQG, Tradex and Bloomberg now have access to bonded copper futures at INE.

Major areas for seeking contracts include nuclear power and fuel－including bulk raw materials, machinery and engineering－it said at a news conference about the requirements for doing business internationally.

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Made-to-measure suits Dayang fine Garment maker seeks tie-ups to sell millions of suits annually

Maduro won the 2018 Venezuelan presidential election by garnering more than 6 million votes, some 4 million more than his closest rival, and was inaugurated for a second term on Jan 10.

Managers are bene?ting a lot from the incubator. "When they work with us, we used to take equity but now we share the fees with them, both in management and performance. By sharing the fees, when they grow, we grow with them. When they reach a certain stage, they may spin off if they want," says Fan.

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Ma confirmed that judges of foreign nationality will not be excluded from national security cases, as they are appointed under the Basic Law and their contribution to the SAR "has repeatedly been acknowledged" by the SAR government.

Malaysia is one of several Asian countries and regions to select a Chinese character each year. About 24 percent of the Malaysian people belong to the Chinese community. Though most of the votes are from them, the organizers say more and more Malay and Indian people began to participate.

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Machinery will help ensure vital produce delivered China will accelerate agricultural mechanization and widen the use of agricultural machines, which experts said will increase efficiency for diverse cultivations and help increase farmers' incomes.The move was decided at a State Council executive meeting on Dec 12, presided over by Premier Li Keqiang, which adopted five measures.More machinery should be used for harvesting major crops, such as rice, wheat, corn, potato, cotton and sugar cane, said a statement released after the meeting. Subsidies will be given for operations such as deep ploughing.Machines made by domestic and overseas producers will be used while financial institutions are encouraged to grant loans for buying such machinery. Other technologies, such as irrigation, will be promoted along with agricultural machinery. Small and medium-sized machines should be developed for hilly areas or for small family run farms.Meanwhile, the meeting decided to build a smart agriculture network by integrating internet-based technologies with agricultural machinery. Production consortiums will be established among machinery service providers, family farms, large-scale growers and agricultural enterprises.Li Guoxiang, a senior researcher at the Rural Development Institute of the Chinese Academy of Social Sciences, said the meeting targeted green and high-quality development for the agricultural sector. China still has some shortcomings in agricultural machinery and the new measures are expected to ease such problems, he said.In recent years, China's overall agricultural mechanization has climbed to more than 60 percent, with that for wheat production exceeding 90 percent, the researcher said.The rise in such mechanization reduces the need for human labor and plays a vital role in the development of agricultural production, he said.Over the past four decades, China's agricultural machinery sector has seen fast growth.In 1977, the overall value of production in this sector was only 5.4 billion yuan (5 million). In 2017, the agricultural machinery sector saw profits of 24.3 billion yuan, up by 8.1 percent year-on-year, according to Ning Xuegui, deputy secretary-general of the China Association for Agricultural Machinery Industry.Overall revenue for 2,429 key agricultural machinery makers hit 429 billion yuan last year, a year-on-year increase of 6.15 percent, Ning said. All 12 subareas of agricultural machinery accomplished increases last year, showing that promoting such machines led to healthy and sustainable development of the sector, Ning said.However, according to the National Bureau of Statistics, hills and mountains are not suitable for large machine cultivation and they cover about 64 percent of China's land area, especially in southern China.Imbalances still exist in China's agricultural mechanization, partly due to its diverse farmlands, Premier Li said at the meeting. Therefore, infrastructure should be improved for hilly areas, including water resource facilities and road upgrading, he said.The executive meeting also pledged to improve the quality of farmland by integrating differentsized plots and supported land renovation in hilly areas, allowing them to be accessible to machinery.Liang Qiying, a 45-year-old farmer in Yuanyang county, Yunnan province, said agricultural machinery cannot be used in many mountainous areas, because each piece of farmland is separated from each other, such as terraces."In addition, the younger generation in rural areas is different from the old-generation of migrant workers. They are less willing and don't have the skills to do farm work," Liang said. "That demonstrates that much of the farm work will probably be done by machines in the future."If more machines are to be used, the farmland should be converted into large zones, Liang said. Then some farmland should be rented out to a single grower to realize large-scale production, he said. "Otherwise, it remains difficult to carry out the new favorable policies in many counties in southern China," he said.In the past, agricultural machinery was adapted to be used on difficult types of farmland and in diverse conditions, whether good or not, the institute's Li said. Now the country aims for higher efficiency by upgrading farmland and other facilities, he said.Some farmland can be rented from original farmers to realize bigger-scale cultivation, and more farmland will be rented to make it easier in the future, the researcher said.

Man Group has become one of the first private securities investment fund managers in China since last September through its wholly foreign-owned enterprise, qualified to raise funds in China and sell onshore products to Chinese clients.