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Guo Shuqing， former Governor of north China’s Shandong Province， has been appointed chairman of the China Banking Regulatory Commission， which supervises and regulates banking institutions in the country.
Born in August 1956， Guo had rich experience in the economic and fi nancial sectors before his appointment as Shandong governor in 2013. He helped design the nation’s economic reform policies in the 1980s and 1990s. He was named vice governor of the People’s Bank of China， China’s central bank， and head of the State Administration of Foreign Exchange in 2001. He became chairman of China Construction Bank Corp. in 2005 and chairman of the China Securities Regulatory Commission in 2011.
It is expected that Guo’s appointment will benefit the fi nancial services sector in terms of reform， risk control and coordination with regulators of related industries.
School Iron Gate Relaxed
Beijing Morning Post February 27
The Ministry of Education has said that provincial education authorities should be more flexible over admitting students to primary school on the basis of their date of birth. They should consider students’ personal conditions instead of sticking to the traditional deadline of September 1.
Children born after September 1 have to go to primary school at the age of 7. But those born earlier can go to school at the age of 6. This prompts many mothers to opt for cesarean births so that the baby is born before the September deadline. Against this backdrop， relaxing the birth date criterion would be more apt for education and students’ personal growth.
It’s possible that in the future， primary schools can hold tests to decide whether a child can go to school， regardless of age. Before admitting pupils， schools can comprehensively test their learning ability， as well as physical and psychological conditions. If a child proves fit， even if he or she is younger than 6， he or she should be admitted. It’s not a wise practice to take children’s age as the only yardstick for measuring if they are fi t to go to school.
However， there’s a worry that some education offi cials might take advantage of this more relaxed regulation for infl uence-peddling， giving rise to new forms of unfairness. Whether the new regulation can be implemented in a way that benefits the child and the child’s family， while also ensuring fairness， is a test for the authorities.
Womb Racket
China Newsweek February 20 Since surrogate technology appeared， many hospitals have seen it as a big commercial opportunity and have wanted to embark on this business. However， it is widely seen as challenging China’s traditional childbirth norms and also morality and ethics. For this reason， the health authorities have stipulated that assisted reproduction technology （ART） should be applied only by medical agencies for medical purposes. Any commercial transaction in gametes， zygotes and fetuses is banned.
However， with rising infertility， private surrogate agencies have begun to emerge， which means things banned in formal medical agencies and hospitals are fl ourishing underground and attracting more and more practitioners. Surrogate agencies have gradually begun to face fi erce competition among themselves. ART is a sophisticated medical technology but in the grey zone outside legal supervision， underground employment of ART knows no regulation. Some of the places where it is practiced are just like rundown manual workshops.
Families in straitened economic conditions will choose cheap surrogate agencies but appalling facilities often lead to failures and then disputes. Many surrogate businesses disappear after frequent failures， only to repackage themselves and reappear.
This is a very lucrative business， with profi t margins ranging from 30-60 percent.This huge baby-producing sector has a distinct assembly line， complete with agents， surrogate mothers and medical facility suppliers.
To simply ban surrogacy is not a wise choice as it will only drive the sector underground， complicating the issue. The application of surrogate technology has both legal and moral aspects. Therefore it’s urgent t o produce an effective national law on ART.
Return of the Prodigals
People’s Daily February 27
With China becoming an increasingly powerful player， the flow of global talents is undergoing changes， with more and more Chinese students studying overseas choosing to come back to China.
The large number of overseas Chinese students rushing back refl ects China’s strong attraction. As a world engine for economic growth， China boasts one of the best innovation environments for startups. Also， while some countries are imposing tighter control on the entry of overseas talents， China is opening up more than ever to welcome them.
The past century showcased a number of returned overseas Chinese students who made great contributions to China’s growth and prosperity. China’s overall development is thirsting for talents. That’s why when it opened up to the outside world in the late 1970s， one of the priorities was to send a large number of people to study overseas. Today， the relevance of highly qualified returned students to national development is greater than before. When human capital has become a key resource to be chased around the world， how to attract talents and tap their potential is an urgent question. Sometimes， after some talents are employed on a high salary， they can’t fi nd the right position where they can fully play their role. These issues are expected to be addressed during future reforms， so as to encourage talents’ creativity. The best way to retain talents is to create a friendly environment where they want to devote themselves to work. DELIVERY COMPANY CHAIRMAN’S FORTUNE BALLOONS
Wang Wei， Chairman and founder of China’s largest courier company， SF Express， has become the third richest person in China， according to a ranking by U.S. media company Forbes， after his company listed on the Shenzhen Stock Exchange in late February. Wang holds about 68 percent of SF Express shares. The company’s market capitalization amounted to 279.4 billion yuan （$40.6 billion） on February 28.
SF Holdings， founded in 1993， services more than 200 countries and regions with 34 planes and about 15，000 vehicles. It will invest the money raised through its listing in transport equipment， information platforms and logistics technology.
Born in Shanghai in 1971， Wang moved to Hong Kong with his parents at the age of 7. With just high school education， Wang started his delivery company in 1993 in Shunde， south China’s Guangdong Province.
“China will not flood the economy with government investment as it pursues more stable， healthy economic growth. Instead， it will focus on supply-side reform for a modest expansion of aggregate demand.”
Li Pumin， Secretary General of the National Development and Reform Commission， at a news conference on March 1
“Hydroelectric power in China is indispensable. Southwest China features high altitudes and frequent rain， which makes the development of hydroelectric power a clear choice in the country.”
Dai Xingyi， a professor at Shanghai’s Fudan University， commenting on the Three Gorges power plant， the world’s largest hydroelectric power project， generating 1 trillion kilowatt hours of electricity during its 14 years of operation， on March 1
“The core value of civil law is care for human beings， and the ultimate goal is to support the individual’s integrity and development.”
Wang Liming， a professor at Renmin University of China， speaking about the General Provisions of Civil Law， a set of regulations covering a wide variety of aspects of civil life that is scheduled for adoption at the ongoing session of the National People’s Congress， the nation’s top legislature
“China’s most important accomplishments since the 18th National Congress of the Communist Party of China in 2012 rest on the success in strategic policymaking.”
Hu Angang， Director of the Center for China Studies at Tsinghua University in Beijing， commenting on the country’s progress in recent years in an interview with Xinhua News Agency
Born in August 1956， Guo had rich experience in the economic and fi nancial sectors before his appointment as Shandong governor in 2013. He helped design the nation’s economic reform policies in the 1980s and 1990s. He was named vice governor of the People’s Bank of China， China’s central bank， and head of the State Administration of Foreign Exchange in 2001. He became chairman of China Construction Bank Corp. in 2005 and chairman of the China Securities Regulatory Commission in 2011.
It is expected that Guo’s appointment will benefit the fi nancial services sector in terms of reform， risk control and coordination with regulators of related industries.
School Iron Gate Relaxed
Beijing Morning Post February 27
The Ministry of Education has said that provincial education authorities should be more flexible over admitting students to primary school on the basis of their date of birth. They should consider students’ personal conditions instead of sticking to the traditional deadline of September 1.
Children born after September 1 have to go to primary school at the age of 7. But those born earlier can go to school at the age of 6. This prompts many mothers to opt for cesarean births so that the baby is born before the September deadline. Against this backdrop， relaxing the birth date criterion would be more apt for education and students’ personal growth.
It’s possible that in the future， primary schools can hold tests to decide whether a child can go to school， regardless of age. Before admitting pupils， schools can comprehensively test their learning ability， as well as physical and psychological conditions. If a child proves fit， even if he or she is younger than 6， he or she should be admitted. It’s not a wise practice to take children’s age as the only yardstick for measuring if they are fi t to go to school.
However， there’s a worry that some education offi cials might take advantage of this more relaxed regulation for infl uence-peddling， giving rise to new forms of unfairness. Whether the new regulation can be implemented in a way that benefits the child and the child’s family， while also ensuring fairness， is a test for the authorities.
Womb Racket
China Newsweek February 20 Since surrogate technology appeared， many hospitals have seen it as a big commercial opportunity and have wanted to embark on this business. However， it is widely seen as challenging China’s traditional childbirth norms and also morality and ethics. For this reason， the health authorities have stipulated that assisted reproduction technology （ART） should be applied only by medical agencies for medical purposes. Any commercial transaction in gametes， zygotes and fetuses is banned.
However， with rising infertility， private surrogate agencies have begun to emerge， which means things banned in formal medical agencies and hospitals are fl ourishing underground and attracting more and more practitioners. Surrogate agencies have gradually begun to face fi erce competition among themselves. ART is a sophisticated medical technology but in the grey zone outside legal supervision， underground employment of ART knows no regulation. Some of the places where it is practiced are just like rundown manual workshops.
Families in straitened economic conditions will choose cheap surrogate agencies but appalling facilities often lead to failures and then disputes. Many surrogate businesses disappear after frequent failures， only to repackage themselves and reappear.
This is a very lucrative business， with profi t margins ranging from 30-60 percent.This huge baby-producing sector has a distinct assembly line， complete with agents， surrogate mothers and medical facility suppliers.
To simply ban surrogacy is not a wise choice as it will only drive the sector underground， complicating the issue. The application of surrogate technology has both legal and moral aspects. Therefore it’s urgent t o produce an effective national law on ART.
Return of the Prodigals
People’s Daily February 27
With China becoming an increasingly powerful player， the flow of global talents is undergoing changes， with more and more Chinese students studying overseas choosing to come back to China.
The large number of overseas Chinese students rushing back refl ects China’s strong attraction. As a world engine for economic growth， China boasts one of the best innovation environments for startups. Also， while some countries are imposing tighter control on the entry of overseas talents， China is opening up more than ever to welcome them.
The past century showcased a number of returned overseas Chinese students who made great contributions to China’s growth and prosperity. China’s overall development is thirsting for talents. That’s why when it opened up to the outside world in the late 1970s， one of the priorities was to send a large number of people to study overseas. Today， the relevance of highly qualified returned students to national development is greater than before. When human capital has become a key resource to be chased around the world， how to attract talents and tap their potential is an urgent question. Sometimes， after some talents are employed on a high salary， they can’t fi nd the right position where they can fully play their role. These issues are expected to be addressed during future reforms， so as to encourage talents’ creativity. The best way to retain talents is to create a friendly environment where they want to devote themselves to work. DELIVERY COMPANY CHAIRMAN’S FORTUNE BALLOONS
Wang Wei， Chairman and founder of China’s largest courier company， SF Express， has become the third richest person in China， according to a ranking by U.S. media company Forbes， after his company listed on the Shenzhen Stock Exchange in late February. Wang holds about 68 percent of SF Express shares. The company’s market capitalization amounted to 279.4 billion yuan （$40.6 billion） on February 28.
SF Holdings， founded in 1993， services more than 200 countries and regions with 34 planes and about 15，000 vehicles. It will invest the money raised through its listing in transport equipment， information platforms and logistics technology.
Born in Shanghai in 1971， Wang moved to Hong Kong with his parents at the age of 7. With just high school education， Wang started his delivery company in 1993 in Shunde， south China’s Guangdong Province.
“China will not flood the economy with government investment as it pursues more stable， healthy economic growth. Instead， it will focus on supply-side reform for a modest expansion of aggregate demand.”
Li Pumin， Secretary General of the National Development and Reform Commission， at a news conference on March 1
“Hydroelectric power in China is indispensable. Southwest China features high altitudes and frequent rain， which makes the development of hydroelectric power a clear choice in the country.”
Dai Xingyi， a professor at Shanghai’s Fudan University， commenting on the Three Gorges power plant， the world’s largest hydroelectric power project， generating 1 trillion kilowatt hours of electricity during its 14 years of operation， on March 1
“The core value of civil law is care for human beings， and the ultimate goal is to support the individual’s integrity and development.”
Wang Liming， a professor at Renmin University of China， speaking about the General Provisions of Civil Law， a set of regulations covering a wide variety of aspects of civil life that is scheduled for adoption at the ongoing session of the National People’s Congress， the nation’s top legislature
“China’s most important accomplishments since the 18th National Congress of the Communist Party of China in 2012 rest on the success in strategic policymaking.”
Hu Angang， Director of the Center for China Studies at Tsinghua University in Beijing， commenting on the country’s progress in recent years in an interview with Xinhua News Agency