Central bank vice-governor voices confidence amid currency volatility
The monetary authority vowed to stabilize the renminbi amid escala
ted trade tensions, while continuing to push forward financial opening-up and pr
otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday.
“We have the foundation, confidence and capacity to maintain a stable foreign exchange ma
rket in China, and keep the renminbi exchange rate at a reasonably stable equilibrium,” said Pan Gongsheng, vi
ce-governor of the People’s Bank of China, the central bank, said in a statement on its website.
Before his pledge, the onshore renminbi rate depreciated to 6.9182 per do
llar at Friday’s close, the weakest level since December, and the offshore renminbi rate h
September, 53 people in the company were transferred for examination and prosecution.u’an, a county in
China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun
Emerging fields including online lending, investment, pension services, consumer reb
ates, financial mutual aid and virtual currencies have become “disaster areas” for economic crimes, said Gao.
Since the collapse of P2P online lending platforms beginning last Jun
e, public security authorities have investigated and handled more than 400 illegal fun
draising platforms and arrested more than 60 fugitives from 16 countries and regions.
“To grab excessive profits, the criminals keep changing and upgrading their criminal
methods, which are usually strongly deceptive,” he said. “Investors should be very cautious.”
duals look in real life without the posing, the filters, the photoshopping and the professional hair and make-up,” Martz said.
Pan, the Renmin University researcher, also believes that pi
ctures shared frequently on social media impose peer pressure on women.
“If people around you look thin on WeChat Moments, you are inevi
tably anxious to fit the general profile of having the ‘right look’,” she said.
Articles have also gone viral in summer on WeChat Moments, with sensational headlines such as “Good-looking girls never
weigh more than 50 kilograms” or “If you don’t lose weight in May, you will cry out loud in June”.
Shen Zijiao, a psychological consultant at Beijing Normal University, said: “Women don’t know what kind of beauty is best for th
em; they just thumb through their phone screens and get the notions of ‘being slender’ consciously or uncons
ciously. They always worry if their bodies are inconsistent with the so-called perfect body shape.”
Austrian pianist Rudolf Buchbinder, one of the best Beethoven interpreters of all time, will perform
all five Ludwig van Beethoven’s piano concertos during his upcoming China tour with the German orch
estra, Staatskapelle Dresden, which kicks off on May 15 at the Guangzhou Xinghai Concert Hall.
He will also perform with the German orchestra in Changsha, Hunan province, on May 18
and 19, and conclude the tour at the National Centre for the Performing Arts in Beijing on May 21 and 22.
“Beethoven was the most romantic of composers. The more I play Beethoven’s works, the more musical freedom I get,” says Buch
binder, in an email interview with China Daily before the China tour. He adds that he has performed the com
plete cycle of Beethoven’s piano concertos with Staatskapelle Dresden for many times all around the world.
various social conflicts, and said efforts must be made to address legitimate and lawful concerns to safeguard public int
erests, and also guide the public in voicing their concerns in a law-based manner to maintain social order.
Strong pressure must be maintained to crack down on crimes such as organized gang activity, violent and terroristic cri
mes, as well as those related to fraud, robbery, food and drug safety, and environmental protection, Xi said.
Calling social fairness and justice a lifeline for judicial and law enforcement work, Xi called for improving the mec
hanism of the use of power in law enforcement as well as the supervision over such powers.
Efforts should be made to help the public feel fairness and justice in every case, Xi said.
He also urged public security staff to improve their work so that human rights can be guarant
eed while crime is fought, and fairness can be ensured while efficiency of law enforcement is pursued.
ndreds of security guards daily during peak seasons. In October, when it had a record number of travelers, the ad
ministrators decided to seek help from local universities for international volunteers, Liu said.
The lake, spanning a total of 60 square kilometers in the heart of Hangzhou, is ne
ar to one of China’s oldest Buddhist temples and is surrounded by lush green hills.
During the recent holiday, it was one of the most popular tourist spots amo
ng millions of domestic travelers, along with the Great Wall and the Forbidden City.
“It’s not only about giving tourists directions to the toilet or preventing people from smoking,” said Bela Nitesh Parm
ar from India, one of the students selected from among more than 50 candidates for the volunteer program.
“The more I help others, the more confidence and positive energ
y I earn for myself,” said the sophomore at Zhejiang University of Technology.