But Myanmar still has some obstacles to deal with in order

attract foreign capital. The first is instability in the job market and relatively low labor efficiency. Particularly, the recent years have seen an increasing number of strikes and the failure of the g

overnment to ease industrial relations conflicts with effective measures has crippled investor confidence in the country. Some foreign ent

erprises even withdrew from Myanmar and shifted to neighboring countries, denting the image of the nation.

Second, Myanmar’s backward infrastructure may deter potential investors. A small nu

mber of power generation facilities and fragmented grids cannot ensure stable and sufficient po

wer supply. Access to electricity is limited to only 26 percent of the population, impeding Myanmar’s economic development.

Third, some Myanmese are prejudiced against foreign investment. Worrying that Myanmar’s eco

nomic and social interests may be impaired, they turned their backs on foreign investment. Demonstrators r

allied in Kachin State to demand the government permanently halt the Myitsone dam project, without giving any constructive suggestion on the fo

llow-up arrangements. It’s fair to say some movements against foreign-invested projects, driven by nationalism an

d so-called environmental concern, are of no help in improving the country’s investment environment, and have hijacked economic development. Re

specting the spirit of the contract is a basic requirement for modern states and their people. Myanmar State Councilor Aun

g San Suu Kyi recently said an administration shouldn’t terminate foreign-invested projects approved by its predecessor.

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The amount of new loans more than doubled from 1.08 tr

The M2, a broad measure of money supply that covers cash in circulation and all deposits, ro

se 8.4 percent year-on-year to 186.59 trillion yuan at the end of January, according to the PBOC.

The M2 growth was 0.3 percentage points up from the level at the end of December.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand

deposits, rose 0.4 percent year-on-year to 54.56 trillion yuan by the end of last month.

New yuan loans made to households reached 989.8 billion yuan last month, while t

hose to non-financial enterprises and government institutions totaled 2.58 trillion yuan.

Newly-added social financing, a measurement of funds that individuals and non-fina

ncial firms get from the financial system, stood at 4.64 trillion yuan in January, up 1.56 trillion yuan year-on-year.

China will keep its prudent monetary policy “neither too tight nor too

loose” while maintaining market liquidity at a reasonably ample level in 2019, ac

cording to the annual Central Economic Work Conference held in December last year.

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Organizations and individuals involved in the abnorma

will be publicized on the CNIPA website and China Intellectual Property News, a Beijing-base

d newspaper, and face other punishments administered by related authorities, according to the draft.

They will also be blacklisted and exposed via a national credibility information sharing system.

Trademarks achieved by this means will be declared void, the draft says.

“The long-awaited regulations draft came as no surprise,” Li said. “Such regulations are necessary, especially amid continuous growth in IP filings in China.”

The number of trademark applications from the country has topped the world for ye

ars, according to statistics from the World Intellectual Property Organization.

Data from the CNIPA show that the inventory of valid domestic trademarks had surpassed 18 million by the end of 2018.

China has improved in IP filings and protection by leaps and bounds, yet insufficien

t enforcement has come under fire and the discordance between quantity and quality has yet to be tackled, Li said.

Growing awareness of the issues and the reconfiguration of IP administrative organs contributed to the rollout of the draft, he added.

“The draft does not merely address the chronic problem of abnormal applica

tions but provides an approach to balancing the quantity and quality, ” he noted. “It is just a start.”

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education authorities monitor Zhai Tianlin probeorities in B

Education authorities in Beijing have launched an investigation into actor Zhai Tianlin, who has received high-profile plagiarism allegations.

The Education Work Committee of the CPC Beijing Municipal Committee and Beijing Education Commission have sent an investigative team to the Beijing Film Acad

emy, where Zhai obtained a Ph.D., to look into the case, the university said in a statement on Thursday.

Zhai, 32, is also a postdoctoral candidate at Peking University. He found himself in hot water on social media after a Sina Weibo blogger accused him of plagiarism last week.

The university launched its own investigation on Monday. It has finished prelim

inary evidence collection and notified Zhai about the investigation, the statement said.

The university has zero tolerance for academic misconduct and will look into other matters uncovered by netizens.

Zhai raised a flurry of chatter online in August when he said in a live video appearance he did not know what the China National Knowledge Infrastructure w

as. CNKI is the largest and most widely used online academic library in China for university students writing theses and dissertations.

The post by the Sina Weibo blogger claimed one of Zhai’s papers published in an acade

mic journal was uploaded to CNKI and the similarity score for the 2,783-word article was 40.4 percent.

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Another post by the same blogger claimed Zhai’s doctoral gra

aduation dissertation could not be found in the CNKI database, while all graduation dissertations written by his classmates were there.

Zhai’s studio said on Friday he obtained a Ph.D. from the Beijing Film Academy in June, and all h

is academic papers and his dissertation were written by him under the guidance of supervisors.

He has met all graduation requirements from the academy and is willing to be held responsible for any academic misconduct, the studio said.

Netizens later found Zhai’s supervisor Chen Yi, former director of the performance institute of the Beijing Film Academy, on

ly has a bachelor’s degree and has not published any academic papers. However, doctoral supervisors at the university are supposed to have a do

ctoral degree and publish at least eight academic papers and two academic monographs within five years.

Zhai posted an apology letter on his Sina Weibo page Thursday.

“After I have starred in a few films and TV series, I have become full of myself and forgotten honesty is the most important principle,” he said.

“Vanity has misguided me and I brought this attitude into writing academic papers. I will

withdraw from postdoctoral research at Peking University and I am deeply sorry to my school, teachers, fans and the public.”

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This year, I am issuing a challenge to men everywhere to enth

husiastically rise to the occasion to correct the misconception that they are not romantic. Take the t

ime to figure out what kind of gift would touch the heart of your woman, and buy it for her if you can af

ford it. Fight the temptation to purchase gifts that are perhaps useful but not so romantic.

Most women love it when men give them more personal gifts. A man should a

llocate enough time to create a gift that a woman may truly appreciate, such as w

riting a poem expressing his love for her, cooking a delicious meal for two, or arranging a spa treatment for her.

For some people, Valentine’s Day is the loneliest day of the year. For tho

se who have no significant other, go out to spend the evening with your peers in a bar or a ni

ghtclub, as many such entertainment establishments in cities host special events for the evening. You may be lucky eno

ugh to meet the person of your dreams. But even if you don’t, chances are you could still have a wonderful time.

Finally, I wish women and men everywhere a very happy Valentine’s Day.Sava Hassan is a Canadian-Egyptian educator.

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more C919 jets to make maiden test flights this yearakes its mai

Another three prototypes for China’s first homegrown large passenger jet, the C919, will conduct their maiden flights this year, follow

ing the success of a third one on Dec 28, 2018, according to the Commercial Aircraft Corporation of China Ltd (COMAC), the maker of the jet.

The 104 prototype test aircraft of the China-made C919 has entered its final assembly stage, the 10

5 is undergoing the assembly of major components, and the main components of the 106 are in pro

duction. The maiden test flights for all three new prototype jets are expected to take place before the end of 2019.

The addition of these three would bring the total number of C919 prototype test aircraft to six.

To date, domestic and overseas buyers have placed orders for 815 of the China-m

ade C919 aircraft.Chinese communities around the world welcomed the Year of th

e Pig on Feb 5, ushering in Lunar New Year with prayers, family feasts and shopping sprees.

Celebrations took place across the globe, ranging from Southeast Asia’s centuries-old Chi

nese communities to the more recently established Chinatowns of Sydney, London, Vancouver, Los Angeles and beyond.

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Tiantongyuan redevelopment set to improve lives Wen | Chi

Li, the professor, is a regular visitor, and he and his wife often bring their 3-year-

old daughter to participate in the activities. He

has also established a discussion group in Huilongguan in the hope of using people’s input to build a better area.

“Everyone has an idea of the kind of life they want to live, and to live in a better

community is everyone’s dream,” he said.

In an interview with 21st Century Business Herald, Tian Zaiwei, CEO of Sh

untiantong Co, the company overseeing Tiantongyuan’s red

evelopment, said the neighborhood covers the same area as many medium-

sized cities overseas. That means there is st

ill a long way to go, because construction and improvement of a city can often take

decades or even 100 years.

After 20 years, Tiantongyuan has slowly filled its developmental gaps, and despite

the lack of infrastruct

ure, the congestion and dense population, it remains an area that many

people consider when looking to buy property.

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Suning to acquire 37 Wanda department stores

Suning.com, the retail unit of Suning Holdings Group Ltd, announced on Feb 12 that it will ac

quire a total of 37 department stores of Wanda Department Store Co Ltd, to enhance its online-and-offline retail businesses.

Considered a key move for Suning to map its retail layout in the country, the acquisition is expect

ed to quickly improve Suning’s offline, or brick-and-mortar, resources and strengthen its mer

chandise supply chain to increase profits of its retail businesses, according to Suning’s statement.

The 37 Wanda Department Store locations, which have a total of more than 4 million registe

red customers, are mainly situated in central business areas in first- and second-tier cities.

The statement said the revenue of Wanda Department Store has seen a steady rise, with a continuous growth in net profits.

The new business unit will add department stores to Suning’s retail empire, which has been focusing mainly o

n home appliances and has now expanded to fast-moving consumer goods as well as maternity and baby products.

Through the deal, Suning.com is also hoping to bring its digital strengths in areas such as big data and artificial intellige

nce to Wanda, in an effort to further update the digital transformation of traditional department stores and enhance shoppers’ experiences.

qianhuaec.com

An old Hunan art form sees revival during Lunar New Year, Liu Xian

Deng Xia, a fan of Huagu (“flowery drum”) Opera, a local art form of Yueyang

in Central China’s Hunan province, barely misses such shows at the One Yuan Theater.

“It has enriched the cultural life of residents like me,” Deng, 35, says.

“In the past, we could appreciate the Huagu Opera,

mostly during important festivals such as Lunar New Year, but now we can watch it often.”

The One Yuan Theater, located in Rongjiawan town of Yueyang, has staged 30 to 50 Huagu O

pera shows annually since 2012, with the audience numbers for each show sometimes touching 1,000.

“Some people bring along stools or are even willing to stand through a show of two or three hours,” says Deng of the theater that has a seating capacity of 800.

To enjoy a show, each viewer has to pay only 1 yuan ($0.15) as admission fee to the theater, as the pr

ograms are covered by government funding. The initiative to provide regular and nearly-free shows to lo

cal residents has been successful in bringing the once-dead cultural heritage back to life.

www.qianhuaes.com

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