>> ed it from repaying investors’ principal and interest. La
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.”
rcrowding and rampant construction plaguing cities, and the development of cities will also offer unique ways to bring about rural revitalization,” Chen said.
“As restrictions on hukou will gradually be removed, cities need to be well-prepared to offer
accommodation and employment opportunities, and allow children of migrant workers to have equal access to education,” Chen added.
China has made steady progress in urbanization, as the ranks of permanent urban r
esidents stood at 831 million at the end of 2018, up 17.9 million from the previous year, said the National Bureau of Statistics.
Last month, the National Development and Reform Commission said it
plans to increase the urbanization rate by at least 1 percentage point by the end of this year.
Shen Chi, vice-director of the China Center for Urban Development, said the government’s new
plan will help foster high-quality and sustainable economic development across the nation.
“Relaxing the hukou policy will be a key step in promoting the free flow of labor across
the nation,” Shen said. “A systematic consideration and arrangement of the integratio
ic and trade consultations, with a goal of implementing the consensuses President Xi Jinping and US President Donald Trump r
eached in December, said Xue Rongjiu, deputy director of the China Society for WTO Studies in Beijing.
China has made various moves recently to expand the new round of reform and opening-up — such as the approval of the Foreign Investm
ent Law in March and further facilitating trade connectivity under the Belt and Road Initiative. It will cont
inue opening its market in a proactive, steady and orderly manner, in accordance with its own development ne
eds and its own pace and timetable, to benefit Chinese and global consumers across the world, said Tu Xinquan, a pro
fessor of international trade at the University of International Business and Economics in Beijing.
James Collins, CEO of Corteva Agriscience, the agricultural division of US-bas
ed DowDuPont, said he hopes the two countries will reach a positive resolution, to benefit both countries and the re
st of the world. Collins said his firm was “not so much affected” in the short term by China-US trade tensions.