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Zhu Yuling, a Chinese table tennis player, beat her teammate Liu Shiwen four to three in the fi nal of the 2017 International Table Tennis Federation (ITTF) Women’s World Cup in Markham, Canada, on October 29, securing the world cup champion title for the fi rst time in her career.
Born in southwest China’s Sichuan Province in January 1995, Zhu began to take formal table tennis training at the age of fi ve. She joined the Chinese Women’s Table Tennis Team in 2010 and participated in the 52nd World Table Tennis Championships, which the Chinese team won. Zhu claimed the title of champion together with teammate Chen Meng in the Women’s Table Tennis Doubles at the 2014 Incheon Asian Games. Zhu has emerged as a strong player in table tennis singles competitions in recent years. In this year’s Table Tennis Asian Cup, Zhu beat teammate Liu Shiwen to win her fi rst Asian Cup Women’s Singles Championship.
Foreign Brands Localized
Guangming Daily October 30
McDonald’s China changed its registered brand name from a Chinese translation of “McDonald’s”into one of “Golden Arches” on October 12. The news immediately triggered debate because the new name was ridiculed for its pronunciation in Chinese.
McDonald’s, once seen as a symbol of a Western lifestyle, has achieved rapid growth in China since it entered the market. When the first McDonald’s restaurant on the Chinese mainland opened in Shenzhen in 1990, it set new customer and revenue records within the global franchise chain on its first day of operation.
Decades later, some foreign fast food brands have developed their own Chinese-style menus, and the once “noble” foreign brands are even sometimes criticized as unhealthy. As for McDonald’s, it has sold the bulk of its Chinese mainland and Hong Kong businesses to financial conglomerate CITIC Group. The new name “Golden Arches” implies to some extent that McDonald’s is increasingly integrating itself with Chinese culture.
This change, in the final analysis, is due to China’s reform and opening-up endeavor. The influx of foreign brands into China has greatly broadened Chinese people’s minds and inspired Chinese businesses in terms of management styles and corporate cultures, etc. Meanwhile, the rise of Chinese brands that are more closely culturally linked is driving foreign brands to localize themselves more to cater to Chinese consumers, and their transformations reveal cultural interaction between Chinese and foreign brands, which is benefiting both sides. The Roadmap Toward a Strong Nation
Oriental Outlook November 2
The 19th National Congress of the Communist Party of China (CPC) has drawn up a two-stage development plan for the period from 2020 to the middle of the 21st century to develop China into a great modern socialist nation.
Setting a development objective and realizing it step-by-step have been the successful governance experience of the CPC. In 1987, the 13th CPC National Congress put forward a three-stage development plan to build a modern socialist nation. The fi rststage goal put forward at that congress was to double the GDP of 1980 and solve the people’s food and clothing problems. This goal was achieved. In 1997, the 15th CPC National Congress announced that with years of effort, China had reached the goal of being a well-off society. So the CPC put forward a new three-stage development plan for establishing a modern socialist nation by the middle of the 21st century.
Today, from three-stage to two-stage, the CPC has adjusted the roadmap for realizing national development goals based on the remarkable progress and changing conditions over the past 30 years. China has entered a new era in which the principal contradiction facing its society has evolved to be that between unbalanced and inadequate development and the people’s evergrowing needs for a better life. To resolve the contradiction, China needs a new strategic development plan.
Furthermore, the two-stage plan provides the nation with a clearer roadmap and timeline. It shows that China’s modernization efforts are not limited only to the industrial or economic realm. In fact, the plan covers all aspects and refl ects the nation’s stronger confi dence in socialism with Chinese characteristics.
Updated Pension System Needed
People’s Daily October 30
China’s endowment insurance now covers 900 million people, 90 percent of the total population. Recent years have seen modifi ed laws and regulations and also improved services.
However, wide pension coverage is not suffi cient to solve every problem facing the elderly. Many of them feel lonely as they have lost their spouse or their children do not live with them, and maintaining a social life can be diffi cult in many ways. So, as providing for basic material needs is no longer a problem, the social security system is now burdened with the task of enabling the elderly to enjoy a decent life, which means the current system needs upgrading to prepare for new changes in the new era. The report to the 19th National Congress of the Communist Party of China demands that no one should be left behind in the old-age social security system. The whole society should make efforts to provide a good environment for the elderly, supplemented by good policies.
Dramatic changes are taking place in the old-age social security system. Satisfying the elderly’s changing and increasing demands for a better life will not only make life comfortable for them and their families, but also bring new opportunities for the nation’s development.
TOWNSHIP ENTERPRISE PIONEER PASSED AWAY
Lu Guanqiu, a famous entrepreneur and founder and Board Chairman of China’s largest auto parts supplier, Wanxiang Group, passed away on October 25 at the age of 72.
Born in Xiaoshan, east China’s Zhejiang Province, in 1945, Lu was among the first group of private entrepreneurs who emerged after China adopted its reform and openingup policy. In July 1969, Lu and six other farmers established an agricultural machinery plant, an enterprise which grew over the years into a transnational manufacturing corporation. In 1984, Wanxiang Group became the fi rst Chinese township company to export automobile parts to the United States. In 1994, Wanxiang Qianchao, a subsidiary of the group, listed on the Shenzhen Stock Exchange, making Wanxiang the fi rst publicly listed township company in China. Lu was also a member of the Communist Party of China (CPC) and attended the 13th and 14th CPC National Congresses.
Lu and his family ranked 10th on the Hurun Rich List in 2015 with wealth amounting to 65 billion yuan ($9.8 billion).
“This exhibition is an exhibit of beauty and history. It is a way to celebrate those thousands of years of cultural history from China.”
Alex Nyerges, Director of the Virginia Museum of Fine Arts, speaking in Washington, D.C. on October 30, as China’s terracotta warriors went on display in U.S. museums
“The network is the first quantum communication network in central China.”
Wu Xiaofeng, Deputy Director of the Fourth Institute of the China Aerospace Science and Industry Corporation, the network builder, announcing its creation in Wuhan on October 31
“Following the forecast, in 2017, Cambodia will receive approximately 1 million Chinese tourists and [that will] increase to at least 2 million in 2020.”
Thong Khon, Tourism Minister of Cambodia, speaking at a tourism forum in Phnom Penh on October 31
“The new base will be a perennial research station to independently carry out multiple scientific investigations in the Antarctic.”
Qin Weijia, Director of the Polar Expedition Office under the State Oceanic Administration, announcing a plan to build China’s fifth Antarctic research station on October 27
Born in southwest China’s Sichuan Province in January 1995, Zhu began to take formal table tennis training at the age of fi ve. She joined the Chinese Women’s Table Tennis Team in 2010 and participated in the 52nd World Table Tennis Championships, which the Chinese team won. Zhu claimed the title of champion together with teammate Chen Meng in the Women’s Table Tennis Doubles at the 2014 Incheon Asian Games. Zhu has emerged as a strong player in table tennis singles competitions in recent years. In this year’s Table Tennis Asian Cup, Zhu beat teammate Liu Shiwen to win her fi rst Asian Cup Women’s Singles Championship.
Foreign Brands Localized
Guangming Daily October 30
McDonald’s China changed its registered brand name from a Chinese translation of “McDonald’s”into one of “Golden Arches” on October 12. The news immediately triggered debate because the new name was ridiculed for its pronunciation in Chinese.
McDonald’s, once seen as a symbol of a Western lifestyle, has achieved rapid growth in China since it entered the market. When the first McDonald’s restaurant on the Chinese mainland opened in Shenzhen in 1990, it set new customer and revenue records within the global franchise chain on its first day of operation.
Decades later, some foreign fast food brands have developed their own Chinese-style menus, and the once “noble” foreign brands are even sometimes criticized as unhealthy. As for McDonald’s, it has sold the bulk of its Chinese mainland and Hong Kong businesses to financial conglomerate CITIC Group. The new name “Golden Arches” implies to some extent that McDonald’s is increasingly integrating itself with Chinese culture.
This change, in the final analysis, is due to China’s reform and opening-up endeavor. The influx of foreign brands into China has greatly broadened Chinese people’s minds and inspired Chinese businesses in terms of management styles and corporate cultures, etc. Meanwhile, the rise of Chinese brands that are more closely culturally linked is driving foreign brands to localize themselves more to cater to Chinese consumers, and their transformations reveal cultural interaction between Chinese and foreign brands, which is benefiting both sides. The Roadmap Toward a Strong Nation
Oriental Outlook November 2
The 19th National Congress of the Communist Party of China (CPC) has drawn up a two-stage development plan for the period from 2020 to the middle of the 21st century to develop China into a great modern socialist nation.
Setting a development objective and realizing it step-by-step have been the successful governance experience of the CPC. In 1987, the 13th CPC National Congress put forward a three-stage development plan to build a modern socialist nation. The fi rststage goal put forward at that congress was to double the GDP of 1980 and solve the people’s food and clothing problems. This goal was achieved. In 1997, the 15th CPC National Congress announced that with years of effort, China had reached the goal of being a well-off society. So the CPC put forward a new three-stage development plan for establishing a modern socialist nation by the middle of the 21st century.
Today, from three-stage to two-stage, the CPC has adjusted the roadmap for realizing national development goals based on the remarkable progress and changing conditions over the past 30 years. China has entered a new era in which the principal contradiction facing its society has evolved to be that between unbalanced and inadequate development and the people’s evergrowing needs for a better life. To resolve the contradiction, China needs a new strategic development plan.
Furthermore, the two-stage plan provides the nation with a clearer roadmap and timeline. It shows that China’s modernization efforts are not limited only to the industrial or economic realm. In fact, the plan covers all aspects and refl ects the nation’s stronger confi dence in socialism with Chinese characteristics.
Updated Pension System Needed
People’s Daily October 30
China’s endowment insurance now covers 900 million people, 90 percent of the total population. Recent years have seen modifi ed laws and regulations and also improved services.
However, wide pension coverage is not suffi cient to solve every problem facing the elderly. Many of them feel lonely as they have lost their spouse or their children do not live with them, and maintaining a social life can be diffi cult in many ways. So, as providing for basic material needs is no longer a problem, the social security system is now burdened with the task of enabling the elderly to enjoy a decent life, which means the current system needs upgrading to prepare for new changes in the new era. The report to the 19th National Congress of the Communist Party of China demands that no one should be left behind in the old-age social security system. The whole society should make efforts to provide a good environment for the elderly, supplemented by good policies.
Dramatic changes are taking place in the old-age social security system. Satisfying the elderly’s changing and increasing demands for a better life will not only make life comfortable for them and their families, but also bring new opportunities for the nation’s development.
TOWNSHIP ENTERPRISE PIONEER PASSED AWAY
Lu Guanqiu, a famous entrepreneur and founder and Board Chairman of China’s largest auto parts supplier, Wanxiang Group, passed away on October 25 at the age of 72.
Born in Xiaoshan, east China’s Zhejiang Province, in 1945, Lu was among the first group of private entrepreneurs who emerged after China adopted its reform and openingup policy. In July 1969, Lu and six other farmers established an agricultural machinery plant, an enterprise which grew over the years into a transnational manufacturing corporation. In 1984, Wanxiang Group became the fi rst Chinese township company to export automobile parts to the United States. In 1994, Wanxiang Qianchao, a subsidiary of the group, listed on the Shenzhen Stock Exchange, making Wanxiang the fi rst publicly listed township company in China. Lu was also a member of the Communist Party of China (CPC) and attended the 13th and 14th CPC National Congresses.
Lu and his family ranked 10th on the Hurun Rich List in 2015 with wealth amounting to 65 billion yuan ($9.8 billion).
“This exhibition is an exhibit of beauty and history. It is a way to celebrate those thousands of years of cultural history from China.”
Alex Nyerges, Director of the Virginia Museum of Fine Arts, speaking in Washington, D.C. on October 30, as China’s terracotta warriors went on display in U.S. museums
“The network is the first quantum communication network in central China.”
Wu Xiaofeng, Deputy Director of the Fourth Institute of the China Aerospace Science and Industry Corporation, the network builder, announcing its creation in Wuhan on October 31
“Following the forecast, in 2017, Cambodia will receive approximately 1 million Chinese tourists and [that will] increase to at least 2 million in 2020.”
Thong Khon, Tourism Minister of Cambodia, speaking at a tourism forum in Phnom Penh on October 31
“The new base will be a perennial research station to independently carry out multiple scientific investigations in the Antarctic.”
Qin Weijia, Director of the Polar Expedition Office under the State Oceanic Administration, announcing a plan to build China’s fifth Antarctic research station on October 27