The local government p上海龙凤419the rail hub plan to Ch

hina State Railway Group, a State-owned enterprise that is authorized by the State Council to inve

上海龙凤419t in and run the country’s massive rail network, in July 2017 and got the approval on June 20, 2019.

It becomes the third rail hub of Guangdong, following Guangzhou and Shenzhen, and the 51st in the country, said the mayor.

“The five high-speed railways can prop up the industrial, urban and quality develop上海龙凤419品茶微信

ment of the export-oriented economy of Zhanjiang in the future,” Jiang noted.

上海龙凤419On track to bring growth to Zhanjiang

Besides the existing high-speed rail, the planned Guangzhou-Zhanjiang rail line, with a designed speed

of 350 kilometers per hour, will further cut the time to Guangzhou and Shenzhen to two hours, which will h上海龙凤419

elp the city better integrate with the Guangdong-Hong Kong-Macao Greater Bay Area, Jiang said.

上海龙凤419品茶微信Westward, the city will be more closely connected with the urban conglomeration of the

Beibu Gulf when the Hepu-Zhanjiang line is put through, as the travel time will be kept within three hours.

The two lines are expected to start construction by the end of this year and be put into operation by 2025, according to上海龙凤419

China Railway Eryuan Engineering Group, the railway design and planning company.

上海龙凤419品茶微信Southward, the city will be able to reach Haikou, capital of Hainan from

its downtown in about two hours when a high-speed rail line is ready, which will a

llow Zhanjiang to take the opportunities arising from Hainan’s role as a free trade zone.上海龙凤419

The line is expected to start construction by the end of 2020, according to the company.

上海龙凤419品茶微信The final rail line, which is designed to connect Zhangjiajie, a famous scenic city in Central China’s Hunan province, with Zha

njiang, is still at the early stage of research and has no timetable for construction yet, he added.

The new high-speed railways, which have been an important consid上海龙凤419品茶微信

eration for some investors, can help Zhanjiang to lure more investme

nt, Nie Bing, director of the city’s development and reform bureau, told reporters Wednesday.

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Maturing retail investor上海龙凤419adening of institut

utional investors, gradual proliferation of product development, and initial signs of fee reductions have been driving the future gr

上海龙凤419owth of China’s ETF market,” said Ray Chou, a partner with Oliver Wyman and co-author of the report.

For example, the E Fund ChiNext ETF, the biggest ETF that tracks the startup board in Chi

na, has seen increases in the number of institutional and retail investors holding上海龙凤419品茶微信

shares, with more than 480 percent and 340 percent growth from 2017 to 2018, respectively.

He suggested that fund management companies develop differentiat

上海龙凤419ed propositions to address investor needs, with pensions being a particularly prom

ising area thanks to the philosophy of long-term investment commitment and stable returns.

China offers consumers three ways to save for retirement – the national pension sys上海龙凤419品茶微信

tem, voluntary occupational pensions, in the form of annuities and covering only a min

上海龙凤419品茶微信ority of the population, and private savings, said Fang Lianquan, a researcher at the Cen

ter for International Social Security Studies of the Chinese Academy of Social Sciences.

“With regulators giving the green light to pension targeted securities investment funds last year, targeted security investm上海龙凤419

ent funds, which fall into the third category, are quickly gathering pace in China,” Fang said.

上海龙凤419″In China the retirement or pension market is on the rise. As regulators started to en

courage commercial pensions, that’s definitely an area that players should look into,” Chou noted.

A report from the Chinese Academy of Social Sciences released la上海龙凤419品茶微信

st year said that the pension gap in China would expand to 890 billion

上海龙凤419yuan by 2020, but the nation’s younger generation seemed ill-prepared for their later years.

According to a survey jointly conducted by investment fu

nd Fidelity International and internet giant Ant Financial last A上海龙凤419品茶微信

ugust, Chinese people aged between 18 and 34 believed they need at least 1.63 million

yuan for a comfortable retirement. But in fact, they have average monthly savings of only 1,339 yuan per capita.

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hina’s subway network reaches ew of Shanghai metro

hina’s metro syst上海龙凤419品茶微信em has seen burgeoning growth over the past decades, with up close to 4,600 kilometers built since

the country’s first subway line opened in Beijing back in 1969, according to the 21st Century Business Herald.

Currently, 33 Chinese cities have subways, of which 21 entered the rail transit era in the last 10 years, the newspaper said.

Shanghai led all other Chinese cities with operating mileage of 669 kilometers as of Jun

e 6 this year, followed by Beijing and Guangzhou, with 617 kilometers and 473 kilometers.

Shenzhen’s 285 kilometers of operating mileage won its fourth spot, bu

t the figure lagged far behind the first three, while narrowing the gap with cities such as W

uhan, Chengdu and Chongqing, the newspaper added by compiling relevant data.

As a whole, 13 out of the 33 cities ran lines exceeding 100 kilometers in the same period.

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Architectural experts who have gained a hands-on unders

standing of the pros and cons of rural reconstruction through their work were also invited to hold a dialogue with the writers, which resonated so strongly with the

villagers that some of them surrounded the speakers afterward hoping to expand their discussions.

He Wei, assistant professor at the school of architecture at the Central Academy of Fine Arts in Beijing, w

ho has been leading several projects in the countryside, thinks a major problem is the conflicting demands between the elite class

of city dwellers, who tend to seek spiritual comfort in village life, and the villagers themselves who naturally want to i

mprove their quality of life. However, many of the rural traditions have been lost during the process.

“Once they leave the countryside, it’s hard for people to come back and settle, both in person and spiritually,” he says.

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