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service consumption accounting for 47.7 percent, up 1.4 percentage points year-on-year
. Meanwhile, sluggish auto consumption dragged the whole consumption growth.
The continuous decline of auto consumption has become
a key for stabilizing this year’s consumption, said Liu Xiaoguang, a resear
cher at the National Academy of Development and Strategy at Renmin University of China.
Mao Shengyong, spokesperson for the National Bureau of Statistics, recently said t
hat based on March data, auto production fell, however, the drop was narrowing.
The National Development and Reform Commission was reportedly considering a sl
ew of new measure to boost spending on automobiles, home appliances and consum
er electronics products. It has sent a draft plan to encourage consumption in the three sectors.
on the new science and technology innovation board, which will pilot the registration-based IPO system, according to Xinhua.
To accommodate the progress of reforms and development of the capital market, other modifications have also been made, cov
ering public issuance of securities, securities trading, and the protection of investors’ rights and interests, Xinhua said.
Dong expects the latest version to legitimize registration-based IPO systems not only
on the new board, but also across China’s whole A-share market. “Once the system achieves success on the n
ew board, it should be adopted on other submarkets as soon as possible,” Dong said.
President Xi Jinping announced in November that China will launch the S&T innovation board and pilot the registr
ation-based IPO system. Analysts expect the new board to begin trading around the middle of this year.
“The latest draft is expected to make comprehensive revisions, and it could go a long way
toward restoring public investors’ confidence and modernizing the regulation and governance of the ca
pital market,” said Liu Junhai, director of the Business Law Center at Renmin University of China.
donors exceeded 104,000 – more than three times the number for 2015, according to the center.
Last year, 6,302 people donated organs after death in China, an increase of 22 percent compared with 2017. About 20,200 tr
ansplant surgeries were completed last year, an increase of 21 percent compared with 2017, ranking the seco
nd in the world after the United States, according to the National Health Commission.
On average, 6.8 of every 1 million people donated organs after death or while alive for their relatives in Ch
ina last year, a record high, according to the China National Organ Donation and Transplantation Committee.
Guo Yanhong, deputy chief for medical administration and supervision at the National Hea
lth Commission, said that with an increasing number of organ transplant surgeries performed, Chinese phys
icians are also making progress in organ transplant technologies, and a number of world-class centers in trans
plant surgeries, covering major organs such as livers, kidneys, hearts and lungs, have been established in China.
Super Rice project is geared to guarantee stable yields while beefing up crops’ resistance against drought, flooding and diseases,” Li said.
“Thus, farmers are able to save a large amount of resources, such as fertilizers or irrigation water, to fight those issues,” he added.
The sustainability of the approach is welcomed by Philippine agricultural researchers and farmers, according to Jose
Yorobe, a consultant with the International Rice Research Institute in the Philippines. He attended a meeting in Beij
ing on Tuesday, along with dozens of representatives from participant countries, that marked the project’s conclusion.
“Because of climate change and population growth, developing countries are now pressured to increase rice prod
uctivity,” he said. “Some high-yield modern varieties are still vulnerable to inclement weather, pests and disease.”