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The volunteer team－led by Wu Liangliang, a security guard who has gained online fame for his fluent self-taught En
glish－has also been part of the site’s efforts to provide a more personal management style, in addition to the city go
vernment’s introduction of various measures, including a mobile app, to help tourists.
Larry Goodrich, from Seattle, who has been traveling with his wife
in the Yangtze River Delta for three weeks, lauded the volunteers’ contributions.
Having worked in the computer industry since “the era of brick-si
zed cellphones”, the 65-year-old said that while technology has provided unimaginable con
venience, traveling is about being a part of the destination and interacting with local residents.
“The human connection is always better,” said Goodrich.
pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.
The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.
Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern
ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar
ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.
“According to the latest economic data, there is less necessity for RR
R cuts, but it requires further observation on future changes,” said Sheng.
If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi
ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.