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When it rained

 
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PostPosted: Mon 9 Jul - 10:50 (2018)    Post subject: When it rained Reply with quote

BEIJING Cheap Men's Nike Air Max 97 Cobblestone White Wholesale , Dec. 12 (Xinhua) -- China's central bank Tuesday continued to pump cash into the financial system to ensure stable liquidity.

The People's Bank of China (PBOC) effectively injected 40 billion yuan (about 6 billion U.S. dollars) into the money market as maturing securities were outvalued by new reverse repos.

A reverse repo is a process by which the PBOC purchases securities from commercial lenders with an agreement to sell them back in the future.

On Tuesday, 80 billion yuan of seven-day reverse repos were injected priced to yield 2.45 percent, with 70 billion yuan of 28-day contracts to yield 2.75 percent. Meanwhile, earlier agreements worth 110 billion yuan matured.

Lending costs between banks have been rising since the beginning of the month, with the overnight Shanghai Interbank Offered Rate up to 2.73 percent Tuesday.

The central bank has increasingly relied on open market operations for liquidity management, rather than cuts in interest rates or reserve requirement ratios.

China set the tone of its monetary policy in 2017 as prudent and neutral, keeping appropriate liquidity levels but avoiding excessive liquidity injections.



The Wi-Fi coverage available on Beijing-Shanghai bullet trains will be expanded to all of China's high-speed trains in the future Cheap Nike Air Max 97 Black White Clearance , said China Railways Corporation's deputy general manager Huang Min.

Huang made the remarks on Sunday at the 19th PKU Guanghua New Year Forum.

Chinese railways have made huge progress in passenger experience, Huang said. Online ticket-booking, WeChat payments and online food-ordering have become accessible. Facial recognition has also been piloted at some railway stations in Beijing, Guangzhou and Lanzhou, he added.

CRC is pushing forward with corporate reform and the plan has been submitted to the Ministry of Finance.

WUZHEN, Zhejiang, Dec. 3 (Xinhua) -- Chinese President Xi Jinping sent a congratulatory letter to the Fourth World Internet Conference Cheap Men's Nike Air Max 97 All Black For Sale , which opened Sunday in east China's watertown of Wuzhen.

The conference from Sunday to Tuesday is themed on "Developing digital economy for openness and shared benefits -- building a community of common future in cyberspace."

GANZHOU, Jiangxi, Feb. 16 (Xinhua) -- In her dark, dank hovel in Ganzhou City, east China's Jiangxi Province, Zhong Nianfa (a pseudonym) uses a washing machine given by her son to store sweet potatoes and carrots rather than dirty laundry.

The ramshackle mud house the 78-year-old farmer calls home barely has enough electricity to power modern appliances such as a washing machine or fridge.

She is one of scores of Chinese farmers still living in old mud houses built decades ago in Ganzhou, home to the early revolutionary activities of the Communist Party of China Cheap Men's Nike Air Max 97 OG GS All Black Discount , where wartime damage, unfavorable geological conditions and a dearth of government preferential policies have literally made the area a miserable land of poverty.

Soon, however, the farmers will bid farewell to their dated huts and move into new well-conditioned modern buildings, as a central government program is rapidly implemented in the former revolutionary base.

The program, launched in mid-2012 by the State Council, China's Cabinet Cheap Nike Air Vapormax 2018 Women's Purple Online , aims to improve the livelihood of local villagers by providing safe drinking water, transform mud shacks, upgrade rural electricity grids and boost economic development.

Since its debut, the program has helped 2.63 million farmers relocate into new modern houses, according to official statistics. The remaining are expected to move into new buildings by the end of 2015.

RAMSHACKLE MUD HOUSES

Life in the mud homes is not much fun.

Before the government initiative, about 695,000 households in Ganzhou Cheap Women's Nike Air Vapormax 2018 Grey Pink Restock , or three million people, were struggling under the roof of small, dilapidated mud houses.

With several people sharing one house, space is a commodity and family members are often forced to live in very small rooms, with the rest of the area used to store the family's possessions.

These houses are typically tucked away in the region's lush, boundless mountains, where Jiangxi's constant rainfall wages a battle with the mud structures.

Hua Chongqi Cheap Men's Nike Air Vapormax 2018 Orange Black Clearance , who used to live in such a house, explained to Xinhua the struggles involved.

"When it rained, the roof leaked and we had to put out washbasins to catch the drips," Hua said.

Being made of mud, the houses were very susceptible to water damage and, even when it wasn't raining, were extremely damp Cheap Men's Nike Air Vapormax 2018 Black Red Free Shipping , he said.

"I have developed arthritis after living in the old house for years," Hua said. .

His wife, Liu Daoxiu, said she was constantly scared the weather would destroy their home on particularly rainy or windy days .

Ganzhou is an inland city with a complex landscape. It was important in early revolutionary activities due to its remote mountain ranges, but the geographical advantage during wartime has now become a developmental stumbling block.

Just after reforms began in the late 1970s, the government tried to push regional development. But Ganzhou won no major projects or key investments due to its geography, resulting in slow Cheap Men's Nike Air Vapormax 2018 Black Online , sometimes nonexistent, industrial growth.

More than 200,000 people in Ganzhou struggle under the national poverty line, or annual earnings under 2,300 yuan per capita (367.77 U.S. dollars).

But with targeted government support to bring new prospects for farmers in Ganzhou, the dark days of living in mud hovels may soon come to an end.

In June 2012, the State council said measures must be taken to help ramp up development levels in the former revolutionary site Cheap Men's Nike Air Vapormax 2018 White Blue Clearance , emphasizing the old, dangerous mud shacks must be transformed.

By 2014, more than 11.1 billion yuan had been handed out by the Ganzhou government to help dea.
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