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Xiao Yaqing was appointed head of the State-owned Assets Supervision and Administration Commission of the State Council （SASAC） on February 1. Before the appointment， he worked as deputy secretary general of the State Council.
Born in Beijing in 1959， Xiao has rich experience in the metallurgy industry. He served as chairman of the Aluminum Corp. of China， the stateowned aluminum giant and one of the companies SASAC oversees， from 2004 to 2009.
The SASAC is a ministerial-level department under the State Council. It is responsible for overseeing the state-owned assets of enterprises under the supervision of the Central Government and guiding and promoting the reform of state-owned enterprises （SOEs）. Currently， it supervises about 100 companies ranging from the China National Nuclear Corp. to airline operator China Southern.
Booming Rural E-Commerce
Qianjiang Evening News January 27
China has witnessed a surge of rural ecommerce with the number of villages whose annual online sales exceed 10 million yuan （$1.5 million） reaching 780 in 2015， an increase of 268 percent year on year， according to a recent report released by AliResearch， the research arm of the e-commerce giant Alibaba Group. Jack Ma， founder of Alibaba， highlighted rural e-commerce as one of the group’s top three development strategies since Alibaba was listed on the New York Stock Exchange in September 2014.
Rural e-commerce is a good way to lift impoverished areas out of poverty. Its development depends on three factors including governmental support， infrastructure construction， and well-educated young people willing to pursue a career in rural areas. First of all， the joint efforts of the government and e-commerce enterprises are needed to improve infrastructure and solve problems such as the lack of financial services in rural areas.
Also， the recruitment of young entrepreneurs who are familiar with online business is instrumental to the development of rural e-commerce and the growth of the local economy. If every Chinese village is equipped with good infrastructure and a team of e-commerce entrepreneurs， there is no need for farmers to worry about the sale of their produce. In the following three to five years， Alibaba is planning to train more than 200，000 young e-commerce entrepreneurs.
Emerging Feature Exhibitions
Oriental Outlook February 4 Different world-class art exhibitions organized by private curators with specific themes have made their debut one after another throughout China’s big cities in recent years. The managers make basic profits through ticket sales and the sales of art replicas and derivative products， and funds from sponsors are supplementary sources of income. Statistics showed that more than 4.3 million people in Shanghai—18 percent of the local population—visited special art exhibitions in 2014. That indicates that a mania for world-class art exhibitions has been emerging in Shanghai. The root cause for the craze is that Chinese demand and appreciation for art is surging.
But as an emerging business in China， feature exhibitions are still at a stage of developmental exploration. Exhibition curators， who are mostly from private enterprises， are inexperienced in their exhibitions’ content and management. Some believe that profits come first. Therefore， in the past two years some inferior exhibitions have appeared， not only cheating the audiences but also jeopardizing the business. Special art exhibitions in China， premature yet promising， are badly in need of the support and supervision of the government.
More Cross-Cultural Talent Needed
People’s Daily February 1
The Belt and Road Initiative， aiming to strengthen ties among countries along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road， has gained positive responses from many countries since it was first proposed by Chinese President Xi Jinping in 2013. But there are challenges in pushing forward the initiative because of historical， linguistic， social and religious differences among the 50-odd countries along the routes. Eliminating cultural barriers and advancing mutual trust are critical in gaining cooperation among these countries.
Cross-cultural talents are crucial for communication with foreign cultures. China has trained and pooled a variety of cross-cultural professionals over the past few decades. But problems remain in the country’s cross-cultural brain bank. First of all， the group is crowded with individuals familiar with the developed world， but lacks those with experience in small and medium-sized developing countries. Second， the pool is full of translators and interpreters proficient in foreign languages but has a deficit in experts with a thorough knowledge of the target countries’ laws， policymaking procedures and public opinions.
Consequently， China has faced challenges in globalizing its enterprises and culture. Some foreign investments are running at a loss， and a number of international cultural projects have failed to achieve their expected effects. The good news is that China is planning to enlarge its international talent pool by training more professionals familiar with foreign countries involved in the Belt and Road Initiative. STATISTICS HEAD PROBED
Wang Baoan has been removed from his post as commissioner of the National Bureau of Statistics （NBS） and put under investigation for suspected severe disciplinary violations， which often refer to corruption. The Central Commission for Discipline Inspection （CCDI） of the Communist Party of China， the top anti-graft watchdog， announced the investigation on its website on January 26.
Wang， 53， had held a news briefing on the current economic situation in China on the afternoon of the day the CCDI’s announcement was made. At the briefing， Wang showed confidence about the stock market， saying that the fluctuations in the stock market will have a limited effect on the economy.
Before heading the NBS， Wang pursued his public service career with the Ministry of Finance and the State Administration of Taxation， working his way from a secretary to vice minister of finance.
“Only the Chinese people themselves are in the best position to comment on their human rights situation. We hope that the relevant sides can look at China’s social development in an objective， fair and rational manner.”
Foreign Ministry spokeswoman Hua Chunying， at a regular press briefing on January 29， in response to criticism from the Human Rights Watch organization
“Rather than hiding problems， we can highlight problems. That shows your confidence， and then you take control of the narrative. We can show people that we are aware of the problem， and that we are working on solving it.”
Robert Lawrence Kuhn， host of Closer to China， a weekly English-language show on China Central Television， at a seminar marking the show’s first anniversary on January 28
“Over the next five years， we think that growth will be prioritized whenever it risks falling below 6.5 percent， while capacity reduction and deleveraging will be the focus when the growth target is secure.”
Ding Shuang， head of the Greater China Economic Research at Standard Chartered Bank （HK）， in a recent interview with China Daily
“Affluent female urbanites are often seen as China’s most important demographic for retailers. Chinese women born in the 1970s are increasingly financially empowered， and are driving the explosive growth of e-commerce.”
Kiki Fan， Managing Director of Nielsen China， responding to a study by Nielsen claiming that Chinese consumers’willingness to spend in 2015 reached the highest level in the past four years on February 2
Born in Beijing in 1959， Xiao has rich experience in the metallurgy industry. He served as chairman of the Aluminum Corp. of China， the stateowned aluminum giant and one of the companies SASAC oversees， from 2004 to 2009.
The SASAC is a ministerial-level department under the State Council. It is responsible for overseeing the state-owned assets of enterprises under the supervision of the Central Government and guiding and promoting the reform of state-owned enterprises （SOEs）. Currently， it supervises about 100 companies ranging from the China National Nuclear Corp. to airline operator China Southern.
Booming Rural E-Commerce
Qianjiang Evening News January 27
China has witnessed a surge of rural ecommerce with the number of villages whose annual online sales exceed 10 million yuan （$1.5 million） reaching 780 in 2015， an increase of 268 percent year on year， according to a recent report released by AliResearch， the research arm of the e-commerce giant Alibaba Group. Jack Ma， founder of Alibaba， highlighted rural e-commerce as one of the group’s top three development strategies since Alibaba was listed on the New York Stock Exchange in September 2014.
Rural e-commerce is a good way to lift impoverished areas out of poverty. Its development depends on three factors including governmental support， infrastructure construction， and well-educated young people willing to pursue a career in rural areas. First of all， the joint efforts of the government and e-commerce enterprises are needed to improve infrastructure and solve problems such as the lack of financial services in rural areas.
Also， the recruitment of young entrepreneurs who are familiar with online business is instrumental to the development of rural e-commerce and the growth of the local economy. If every Chinese village is equipped with good infrastructure and a team of e-commerce entrepreneurs， there is no need for farmers to worry about the sale of their produce. In the following three to five years， Alibaba is planning to train more than 200，000 young e-commerce entrepreneurs.
Emerging Feature Exhibitions
Oriental Outlook February 4 Different world-class art exhibitions organized by private curators with specific themes have made their debut one after another throughout China’s big cities in recent years. The managers make basic profits through ticket sales and the sales of art replicas and derivative products， and funds from sponsors are supplementary sources of income. Statistics showed that more than 4.3 million people in Shanghai—18 percent of the local population—visited special art exhibitions in 2014. That indicates that a mania for world-class art exhibitions has been emerging in Shanghai. The root cause for the craze is that Chinese demand and appreciation for art is surging.
But as an emerging business in China， feature exhibitions are still at a stage of developmental exploration. Exhibition curators， who are mostly from private enterprises， are inexperienced in their exhibitions’ content and management. Some believe that profits come first. Therefore， in the past two years some inferior exhibitions have appeared， not only cheating the audiences but also jeopardizing the business. Special art exhibitions in China， premature yet promising， are badly in need of the support and supervision of the government.
More Cross-Cultural Talent Needed
People’s Daily February 1
The Belt and Road Initiative， aiming to strengthen ties among countries along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road， has gained positive responses from many countries since it was first proposed by Chinese President Xi Jinping in 2013. But there are challenges in pushing forward the initiative because of historical， linguistic， social and religious differences among the 50-odd countries along the routes. Eliminating cultural barriers and advancing mutual trust are critical in gaining cooperation among these countries.
Cross-cultural talents are crucial for communication with foreign cultures. China has trained and pooled a variety of cross-cultural professionals over the past few decades. But problems remain in the country’s cross-cultural brain bank. First of all， the group is crowded with individuals familiar with the developed world， but lacks those with experience in small and medium-sized developing countries. Second， the pool is full of translators and interpreters proficient in foreign languages but has a deficit in experts with a thorough knowledge of the target countries’ laws， policymaking procedures and public opinions.
Consequently， China has faced challenges in globalizing its enterprises and culture. Some foreign investments are running at a loss， and a number of international cultural projects have failed to achieve their expected effects. The good news is that China is planning to enlarge its international talent pool by training more professionals familiar with foreign countries involved in the Belt and Road Initiative. STATISTICS HEAD PROBED
Wang Baoan has been removed from his post as commissioner of the National Bureau of Statistics （NBS） and put under investigation for suspected severe disciplinary violations， which often refer to corruption. The Central Commission for Discipline Inspection （CCDI） of the Communist Party of China， the top anti-graft watchdog， announced the investigation on its website on January 26.
Wang， 53， had held a news briefing on the current economic situation in China on the afternoon of the day the CCDI’s announcement was made. At the briefing， Wang showed confidence about the stock market， saying that the fluctuations in the stock market will have a limited effect on the economy.
Before heading the NBS， Wang pursued his public service career with the Ministry of Finance and the State Administration of Taxation， working his way from a secretary to vice minister of finance.
“Only the Chinese people themselves are in the best position to comment on their human rights situation. We hope that the relevant sides can look at China’s social development in an objective， fair and rational manner.”
Foreign Ministry spokeswoman Hua Chunying， at a regular press briefing on January 29， in response to criticism from the Human Rights Watch organization
“Rather than hiding problems， we can highlight problems. That shows your confidence， and then you take control of the narrative. We can show people that we are aware of the problem， and that we are working on solving it.”
Robert Lawrence Kuhn， host of Closer to China， a weekly English-language show on China Central Television， at a seminar marking the show’s first anniversary on January 28
“Over the next five years， we think that growth will be prioritized whenever it risks falling below 6.5 percent， while capacity reduction and deleveraging will be the focus when the growth target is secure.”
Ding Shuang， head of the Greater China Economic Research at Standard Chartered Bank （HK）， in a recent interview with China Daily
“Affluent female urbanites are often seen as China’s most important demographic for retailers. Chinese women born in the 1970s are increasingly financially empowered， and are driving the explosive growth of e-commerce.”
Kiki Fan， Managing Director of Nielsen China， responding to a study by Nielsen claiming that Chinese consumers’willingness to spend in 2015 reached the highest level in the past four years on February 2