The renminbi came on stage right after the 2008-09 Global Financial Crisis. Zhou Xiaochuan, then governor of the People's Bank of China, the central bank, put forward the idea of super sovereign reserve currency and suggested a rethink of the international monetary system where a single currency dominated. This idea was in line with the discussions to improve the existing international reserve currency system, such as the reform of the Special Drawing Rights or SDRs of the International Monetary Fund.
The report said the post-1995 generation, who grew up in a comparatively wealthy era, have become the main customers of on-demand food delivery platforms. They prefer to order warm porridge at night, go to beauty salons to look after their skin, sing with their friends at KTVs, and play games at amusement arcades in spare time.
The renovation will focus on old residential areas built before the end of the year 2000.
The report said that breakthroughs in the field of biomedical technologies will minimize the impact of cancers and other diseases that were once considered incurable, so that these diseases can be recategorized as chronic or curable.
The report also showed that nations trading closely with China outperform nations with less integrated trade ties.
gic development base for China's offshore oil and gas industry, he said.
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The relationship-wise breakup of the respondents of the survey was 14.9 percent single, 19.1 percent unmarried but in love, 65.6 married, and 0.4 percent others. Females were the majority, 51.3 percent, and male the minority at 48.7 percent.
The remarks by Ren came after the new technology was identified as a key driving force for economic development, the first time it had been endorsed by the country's top decision-makers.
The report attributed the development achievements to the supply-side reforms, the opening-up in coal industry, the updating and transition toward high-quality development of the industry, and others.
The remarks were made by renowned legal experts from Hong Kong, Macao and Chinese mainland at a seminar in Shenzhen. The seminar, organized by the Chinese Association of Hong Kong and Macao Studies and attended by 40 experts, revisited a speech by the late State leader Deng Xiaoping, the architect of “one country, two systems” principle.