tain a breakneck pace of economic development, which has brought booming economic prosperity.
Unfortunately, it has also brought a deteriorating environment. Seeing heavy smog, for ex
ample, many people feel that a worsening environment will destroy the happiness brought by economic growth.
Since 2012, the new leadership under President Xi Jinping has put forward a series of ecol
ogical ideas. On Sunday, Xi said at the opening ceremony of the exhibition that “green mountains and cle
ar waters are indeed mountains of gold and silver, and environmental improvement means great productivity”.
This idea, dubbed the theory of two mountains, enjoys immense popular support in China.
Xi, who is also general secretary of the Central Committee of the Communist Party o
f China, urged officials at all levels never to sacrifice the environment for economic growth.
pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.
The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.
Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern
ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar
ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.
“According to the latest economic data, there is less necessity for RR
R cuts, but it requires further observation on future changes,” said Sheng.
If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi
ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.
A 2.9-magnitude earthquake at a depth of 17 kilometers was detected at 1:25 pm on Sunday in Be
ijing’s Haidian district, according to the China Earthquake Networks Center.
Two earthquake experts said the minor quake was a normal activity in the
earth’s crust caused by changes in crustal stress, and th
ere is no need for the public to panic, according to a report on huanqiu.com.
“It is a normal and isolated event,” said Guo Xun, dean of the Civil Engineering
School at the Institute of Disaster Prevention.
“As Beijing is at the junction of the earthquake zones of Shanxi province, the
Hebei Plain and Yanshan Mountain, the city will e
xperience one to two earthquakes at around magnitude-3 degree every year,
according to past exper
ience,” Sun Shihong, a researcher at the
China Earthquake Networks Center, added.
Like Gray, more women and men in the US are single — more than 45 percent of all Americans age 18 or older, the US Census Bur
eau reported in 2017 — and the number of single households around the world also is increasing.
Singles make up about 14.6 percent — about 200 million — of Chi
na’s population, the largest singles population in the world, People’s Daily reported.
Sweden has the highest rate of people staying single, 51 percen
t of all households, according to 2017 data from the European Union’s Eurostat.
Sweden is followed by Denmark, Finland and Germany, which all have more than 40 percent one-person households.
The never-married population age 16 years and over in England a
nd Wales increased by 3.9 million from 2002 to 2017, while the number of married pe
ple increased only by 1.2 million during the same period, UK Census reported.