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The Industrial and Commercial Bank of China (ICBC), China’s most valuable brand, topped Forbes’s
newly released annual ranking of the world’s top 2,000 largest public companies for the seven consecutive years.
The State-owned bank, which generated 298.7 billion yuan ($43.5 billion) in net profit last
year, has assets of more than $4 trillion and nearly half a million employees, according to Forbes.
Meanwhile, China Construction Bank, the Agricultural Bank of China and the Bank of China, renowned as the “Big Four” ba
nks in China along with ICBC, also joined the top 10, ranking at third, fourth and eighth places, respectively.
Ping An Insurance Group came in at seventh with a market capital of $220.2 billion, according to Forbes.
ative safer, more sustainable and disaster-proof, according
to the declaration published during the two-day International Conference on Silk-road Disa
ster Risk Reduction and Development, which concluded in Beijing on Sunday.
Sunday marked China’s 11th National Disaster Prevention and Reducti
on Day, an annual event which began in 2009 after a devastating earthquake hit Sich
uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.
More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco
mmended actions including data-sharing, investing in disaster risk reduction technologies and in
frastructure, and jointly enhancing disaster preparedness and response protocols.
satellite in 2021, so the (Cambodian) government hoped that someone could learn something abo
ut spacecraft. But there is no school in Cambodia that teaches such a thing. So here I am,” Chea said.
China has signed an agreement with Cambodia to develop, make and launch the Southeastern Asian nation’s first sat
ellite in the next few years. The satellite, Techo 1, will be used for communications.
Moreno Pena, on the other hand, has 11 years’ experience at the Bolivarian Agency for Space Activities, Venezuela’s sp
ace organization, as an electrical engineer and chief of the spacecraft operation unit.
This is the second time he has come to China as a student. The first time w
as in 2007, when he was selected to take part in satellite application training in Beijing.
He said he came to China this time hoping to expan
d his knowhow on spacecraft and learn how to design and build satellites.
inistry said. Governments at all levels are encouraged to establish public kindergartens,
aiming to get about 50 percent of all preschool children into public education by 2020, it said.
Communities, State-owned enterprises and public institutions
such as universities are also encouraged to establish their own kindergartens, it said.
Lyu Yugang, director of the ministry’s basic education department, said the cent
ral government will allocate 16.8 billion yuan to support preschool education.
Construction work has begun on the athletes’ village for the 2
021 Summer Universiade in Chengdu, located at Chengdu University.
Covering an area of around 37 hectares, the Universiade Village consists of eight specific buil
dings, including apartments for athletes, service center, health center, administrative affairs center, inter
national communication center, gymnasiums, aquatic center and the College of Chinese & ASEAN Arts.
In addition, construction is continuing on the tournament stadium, main gymnasium
and ball game gymnasiums. Major transportation projects, such as a new expressway, are also underway.
The 2021 Summer Universiade was officially awarded to
Chengdu, capital city of Sichuan Province, this March. The proposed dates for the tournament are August
He also underlined the significance of a strong audience base in the fu
ture. “It’s about developing the audience for Chinese animated films – to create projec
ts that are more popular with broader appeal,” he said. “The most important thing is to tell a good story with i
nteresting characters, in a way that is fresh and new, different and exciting for the audience.”
Minkoff said the Chinese animation industry has grown vigorously over the past dec
ade. “I’ve seen improvements made in the quality of the animation, the production and the filmmaking.”
With the coming of the 5G era and virtual reality, he thinks it opens up new space for creativity and accessibility. “The changes in techno
logy are going to continue to improve and make it possible to make really interesting, different kinds of films, an
d put the tools of filmmaking and animation into more people’s hands, which I think would be very good,” the director said.
Besides the animated adaptation of Wolf Totem, Minkoff revealed to
China Daily he is working on a “secret” project inspired by Chinese culture. “The movie is bas
ng industry will maintain high-speed growth this year, and might make a breakthro
ugh in legalization. For instance, owners of short-term rental houses will have a lega
l identity, and safety standard of the shared homes will be in accordance with that of hotels.
“However, there is no law to regulate home-sharing services at present, which is the biggest challeng
es we face,” Yang said, adding that the Chinese government has a positive attitude toward the sharing economy.
In October, the State Council released an action plan for 2018-20 to further stimulate domestic consumption.
Market access should be relaxed in several service-related fields, such as tourism, and efforts to boost the develo
pment of short-term rental services, such as rental apartments and guesthouses, are encouraged.
Launched in 2011, Tujia lists 1.4 million online homes, including apartments, home
stays and villas across 400 Chinese cities and more than 1,000 overseas destinations.