He said many students buy expensive cars because they are paying much more for the same model in their country. “It’s not fair to label them as fuerdai because of it,” Chen added. Fuerdai — or “rich second generation” — is a term used to describe Chinese children of “nouveau riche” parents, many of whom send their children to study abroad at universities. These students are generally associated with driving expensive cars and wearing luxurious brand-name clothing.
He pointed out he has only studied one of the genre's two major schools.
He proposed to improve market mechanisms among cruise companies, distributors and travel agencies to tap into the potential of the Chinese market.
He reminded the DPRK of the agreement to co-host the 2032 Summer Olympics, which was reached between Moon and Kim during their summit. The two Koreas already delivered their intent to jointly play host to the Olympics to the International Olympic Committee (IOC).
He said it was a tough and terrible time for China, and people were not happy.
He said that China's foreign trade, backed by well-developed rail and maritime shipping networks, has seen new formats since January. Among them, cross-border e-commerce has developed notably, and many export-oriented firms have increasingly relied on this method to gain new orders from both developed and developing markets.
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He said that funds raised from the stock market will allow Shenyang Aircraft to continue to sustain the costly program until it finds a buyer for the aircraft in the global market.
He said Beijing will continuously support Pyongyang and Seoul to improve relations and make contributions to long-term stability on the peninsula and in Northeast Asia.
He raised a flurry of chatter online in August when he said in a live video appearance that he did not know what the China National Knowledge Infrastructure was. CNKI is the largest and most widely used online academic library in China for university students writing theses and dissertations.
He said a single incident cannot tarnish the positive image of Chinese scientific researchers as a whole.