Fan Gang, director of China’s National Economic Research

 Institute and vice president of the China Society of Economic Reform

Structural reform on the supply side and the macro adjustment to the demand-side can be done at the same time.

While we must push forward with reforms continuously, whenever there are econom

ic fluctuations, it is still necessary to take some macro-control measures.

That’s what developed countries and market-economy countries have done to stabilize their economies over the years.

We can’t hold back some necessary adjustment me

asures on the demand side just because supply-side reform fails to see results. We need action on both sides.

When we discuss reforms, don’t forget that if the reform isn’t rolled out amid a stable develop

ment environment and the economy doesn’t move at a stable growth level, it will be hard to advance many reforms.

Huang Yiping, deputy dean of the National School of Development of Peking University

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In his opinion, the development was beyond ridiculous

More than 84 million Nigerians have been registered to vote in the postponed elections.

Ahead of the elections, enthusiasm had been high among citizens of the most populous African country. The election had also dra

wn the attention of the international community given the position and prospects of Nigeria in the global arena.

Many netizens of the country have continued to express disappointment at the postpo

nement of the elections, each one regarding it as a huge failure on the side of INEC.

Some social media commentators even called on the electoral chief to resign.

One Facebook user Olufunmilayo Odunaike said that i

f at all there was a reason for the postponement, that should have been done a few weeks earlier.

“You don’t want to be me. Woke up, dashed to the bathroom to have my bath, m

ade sandwiches, only to learn elections have been postponed,” Odunaike queried.

Temitope Adeboye, another Facebook user, called for a thorough probe of the postponement.

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But things are gradually changing. The number of Chinese

The Chinese drinking culture is set for a transformation. According to a survey of 109,441 Chinese conducted by the China Youth Daily’s Social Investigation Center, 84 percent said they were not fan of the drinking culture in China.

The long tradition seems to be on the wane, reflecting a change in an important aspect of China’s material culture.

On one hand, as living standards improve, Chinese people pay more atte

ntion to their health. More people are choosing tea over liquor as their daily beverage. Instead

of sitting at the table for the night, people now prefer healthier lifestyles. On the other hand, Chinese pe

ople have realized that drinking culture may provide opportunities for the undeserving who can get what they want by

pleasing those who insist that they drink. This is not only unfair to the deserving but also undermines ethical conduct.

Nowadays, Chinese people have developed more decent drinking habits.

Those who risk their lives drinking heavily are not the so-called heroes anymore, and those who alw

ays urge others to drink may be gradually isolated by their friends. More and more Chinese pe

ople enjoy having only a few drinks and chat over the cup. Taking small sips and slowly tasting liquor seems more enjoyable.

In addition, real friendship cannot be measured by how much alcohol is consumed. Neither can bottles of liquor build relations am

ong people. Instead, they only hurt people’s feelings and health. When people are sober again, the ecstasy and promises disappear.

After all, true friends are those who care about your health, not those who urge you to drink.

Take my poor friend. After he got out of hospital, he completely forgot who forced him to drink at the t

able. When he was blind drunk and almost choked on his vomit, all he remembered was those who loyally stayed by his side.

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According to The Travel & Tourism Competitiveness Repor

eased by the World Economic Forum, global tourism revenue contributed over 10 percent of the global GDP, but China’s domest

ic tourism revenue was around 5.5 percent of its GDP, which has been the world’s second highest since 2012. C

ompared with its economic volume, the Chinese tourism industry is not very well developed, which may have something to d

o with the overall low disposable income levels of Chinese residents. For example, in 2017, China’s gross national inc

ome (GNI) per capita ranked 69th in the world, while the US GNI per capita was 6.5 times that of China during the same time period.

In recent years, various local governments have been making great efforts to promote the increase of local tourism revenue

s by building traditional towns, exploring and developing local history, local culture and other tourist resources. It is certainly justified for au

thorities to develop tourism, to expand domestic demand, to increase “green” GDP and promote an economic transformation. However, it should be no

ted that the development of a tourism industry is closely related to the growth of residents’ disposable income. As the income level of residents rises, the to

urism industry will naturally see a rapid development. In the context of the declining growth of residents’ disposable i

ncome, it is completely unrealistic to achieve a rapid growth in tourism revenues. Furthermore, as various local gov

ernments are competing to develop tourism resources, this may lead to an “oversupply” within the tourism ind

ustry, and this will result in a low efficiency of fiscal expenditure and a waste of precious resources.

In short, it is of fundamental importance to find ways to improve the disposable income level of re

sidents as well as social security and welfare, which is the prerequisite for sustainable prosperity.

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ang Haonan, who was believed to be the heaviest man

Wang, from Laiwu in East China’s Shandong province, stood at 334 kg at his heaviest. In July

2018, he underwent a weight-loss surgery in which four-fifths of his stomach was removed.

Half a year later, his weight has dropped to 192 kg.

Liu Shaozhuang, a doctor with Qilu Hospital of Shandong University in charge of Wang’s surgery, told Beijing Youth Daily the surgery h

as not had an impact on Wang’s digestion and he only needed to chew food well before swallowing it.

Wang revealed that a philosophy of “eat less, exercise more” was also a reason for his becoming thinner. He said he did not e

at any meat during the Spring Festival holiday, a traditional time for family reunion and feasting.

Wang suffers from fatty liver, heart and lung problems due to his obesity. These conditions have i

mproved after the surgery and sleep apnea due to snoring has also been alleviated, according to Liu.

Wang now has a body mass index (BMI) of 57.3, still well above the level of 24.5 for a healthy person, Liu said.

Wang said he aims to further reduce his weight to be less than 100 kg by the end of this year

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New regulations will target abnormal trademark filings

In a bid to improve the nation’s business environment, the China National Intellectual Property Administration will roll

out a new set of regulations on trademark filings to curb the “applications out of malice”.

The regulations draft has been publicized on the CNIPA website, soliciting suggestions and opinions from the public until March 14.

The move reflects a shift in policymakers’ focus from intellectual property quantity to quality, s

aid Li Shunde, a senior IP researcher at the Chinese Academy of Social Sciences.

Comprised of eight articles, the new regulations target “abnormal applications”, such as trademark sq

uatting, imitating established brands and filings with no intentions for actual use in industry or business.

The regulations, once they take effect, will also come as a severe blow to tradema

rk speculators, who apply for and stock trademarks for trade rather than industrial or business use.

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Also on Tuesday, Lavrov said Russia had prepared a Uni

ted Nations Security Council (UNSC) draft resolution supporting dialogue in Venezuela, contrary to a US proposal that paves the way for an invasion.

On Jan 23, the Trump administration recognized Venezuelan opposition leader Juan Guaido as the nation’s “interim pre

sident,” a move that came after Maduro was inaugurated as president of the Latin American country earlier that month.

US President Trump has also warned that “all options are on the table” regarding Venezuela.

On Feb 1, the Trump administration announced that the United States is withdrawing fro

m the INF Treaty with Russia within six months, starting from Feb 2. In response, Russian President Vl

adimir Putin announced on Feb 2 that Moscow would also suspend its participation in the INF Treaty.

The INF Treaty was signed in 1987 between the Soviet Union and the United States on the elimination of land-based intermediate-range missiles.

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Actor puts spotlight on Peking Universityan actor, has bec

get of plagiarism allegations because he, having obtained a PhD at the Beijing Film Academy and been freshly enrolled by Peking University f

or postdoctoral research, was found to not know about the China National Knowledge Infra

structure (CNKI), a Chinese database of academic resources. China Daily writer Zhang Zhouxiang comments:

To anyone who has ever written an academic essay in the Chinese language, Zhai not knowing

about CNKI is as absurd as a self-claimed chemist not knowing the periodic table of elements. CNKI is an

online platform that allows students and scholars to search for academic articles and papers published in

China, and read the materials they need for their dissertations at their college libraries’ expense. Unless a st

udent claims an exception, their dissertation will be included as reference for other researchers.

The allegations against Zhai have naturally stirred up a hornet’s nest of opinions online. B

y Tuesday morning, at least nine hashtags about the incident had appeared on Sina Weibo, China’s equi

valent to Twitter. Added together, these hashtags have been read 3.9 billion times in all.

It should be noted that the incident is not entertainment gossip, but a serious matter about academic plagiarism. If any research instituti

on allows a person to obtain a degree by plagiarizing the work of others, those with real potential for do

ing genuine academic research will lose the opportunity, which in turn hurts the academic environment as a whole.

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China to establish national, regional medical centers by

China will set up a number of national and regional medical centers across the country by 2020, according to a working plan issued by the National Health Commission.

Regional medical centers will be established nationwide to provide patients in

different regions with quality medical treatment close to their homes, said the plan.

The country will also establish national medical centers aimed to carry out diagnosis and treatment of rare and sever

e cases of diseases of specific categories in the country and play a leading role in spreading advanced medical technologies nationwide, it said.

The plan proposes to build a four-level medical service system that covers medical insti

tutions at the national, provincial, prefectural and county levels by 2020, with national medical centers taking the lead.

Given different regions in China have big gaps in terms of medical service levels, so patients

often have to turn to hospitals far away for quality treatment, particularly those with severe and rare illnesses.

Experts believe the move is expected to better allocate medical resources in the country.

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Shanghai unveils measures to optimize business environment

Shanghai has announced a series of reform measures aimed at improving its business environment to maintain stable economic growth.

The measures cover 25 main areas such as business startups, applications for construction permits and electricity serv

ice, according to a working conference held by the municipal government on Feb 11.

Shanghai cannot simply rely on favorable policies to achieve development, let alone low-cost compe

tition, said Li Qiang, Party chief of Shanghai, adding that a better business environment is the strong impetus.

This year, Shanghai will promote collecting and sharing of public data as well as easy

access to governmental services for enterprises and citizens, according to local government authorities.

According to a World Bank report on the ease of doing business released in October last

year, China advanced to a global ranking of 46 among 190 economies in 2018, up from 78 in the previous year.

Shanghai recorded an overall economic growth of 6.6 percent last year, with its GDP per capit

a exceeding $20,000. The city expects to attain a growth rate of 6 percent to 6.5 percent this year.

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