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f the year until July or August, when the market may see a recovery, Xu Haidong, assistant to
the China Association of Automobile Manufacturers’ secretary-general, told the newspaper.
The reason for the slowdown in China’s automotive market lies in the lack of consumer confidence, according to CA
AM. In addition, the upcoming stricter Nation VI emission standards, market expectation for the country’s stimulating spe
nding policy and a strong wait-and-see mood, are all contributing to the bleak picture, the association said.
With the actual policy effects from tax cuts and fees reduction
s, a promising consumer market boosted by infrastructure investment, the country’s a
utomobile market will have a stable development throughout the year, said the association.
To encourage them to move, Guizhou authorities have used a better schooling for their children as bait,” said Zhang Qing of Guizhou’s provincial Education Department.
“More than 130,000 children will be enrolled in the 1,600 preschool facilities and primary and secondary schools near their urban s
ettlements. Also, 333 nurseries and junior high schools will be built to enroll some 50,000 relocated children,” Zhang added.
To promote educational development and cultivate more high-quality teachers in the country’s central and w
estern regions, China launched a State-level training program for rural primary and middle school teachers in 2010.
Primary school teachers in Guizhou have joined the training at Beijing Normal University.
In September 2014, President Xi Jinping met with teachers from Guizhou who were r
eceiving training at Beijing Normal University. The group of teachers later wrote a letter to Xi.
In a letter of reply to the Guizhou teachers, Xi asked them to lead education reform in poor areas.
oing supply-side structural reform, as it is still dominated by the 268-trillion-yuan banking system, the analysts said.
The restructuring process will accelerate as more foreign capital
moves in, which can boost competition in the domestic market, the analysts added.
In the medium term, continued financial reform and more opening-up measures co
uld boost capital inflows, said Lillian Li, a vice-president at rating agency Moody’s.
But trade disputes between China and the United States and uncertainty over monetary policy in global markets may dam
pen capital inflows, and the pace of capital inflow is likely to fluctuate in the near term, she said.
Having the world’s second-largest equity market and the third-largest bond market, China will likely usher in more inte
rnational capital flows in the longer term, if the nation further liberalizes its financial system, she added.