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organ Stanley China, said this age group will be a main driver of the consumption upgrade in the next decade, with consum
ption in third- and fourth-tier cities expected to reach 45 trillion yuan in 2030, compared with 15 trillion yuan in 2017.
There were estimated to be about 112 million small-town youths in
China last year, according to mobile internet industry consultancy iiMedia Research.
Chen Ke, a senior partner with global consultancy Roland Berger, said that with lower housing prices in third- and fourth-tier c
ities, small-town youths have sizable disposable income and are more willing to spend a larger proportion of th
eir income on daily consumption, compared with people of the same ages living in bigger cities.
“They also have an increasing desire to live a better material and spir
itual life, are becoming more interested in personal products and are more willing to sp
end on entertainment and hobbies, as they have more spare time than their peers in big cities,” he said.
gions are facing severe lack of water, the institute said. In the meantime, urbanization has increased the amount of waste
water by 4.2 percent annually, from 48.5 billion metric tons in 2013 to 57.1 billion tons in 2017, it said.
China lags behind leading economies in water-use efficien
cy, said Yuan Da, the NDRC spokesman. Every 10,000 yuan in indu
strial added value consumes 45.6 cu m of water, double that for developed economies, he said.
Water conservation should be promoted from developing, using an
d protecting the natural resource with careful all
ocation, said E Jingping, minister of water resources, in an article published by People’s D
aily late last month. Projects that do not pass water conservation assessments will not be approved, he said.
ched for 10 km, making it a memorable scene for a generation.
In October 2016, the bridge was closed for repairs after being open for almost 50 years. The 100,000 vehicles it carried each day far
exceeded its designed capacity of 8,000, causing many cracks to appear in the structure. It has been repaired 12 times since 2002.
Other problems it faced included falling mortar and metal fatigue.
The government decided to spend more than 1.1 billion yuan ($164 million) on the repairs.
The structure’s original concrete deck was replaced by a steel one, which is lighter and h
as greater durability. The replacement work was carried out above the 27,000-volt railway line. Any falling mater
ial, even a screw, would have caused a power failure and disrupted services on the busy Beijing-Shanghai Rail
way. Workers had to erect scaffolding and protective nets when no trains were passing.
The diameter of the lamp bases on the bridge were reduced by 5 ce
ntimeters, making the sidewalk wider and more convenient for pedestrians.
material until the object is created, and each of these can be regarded as a sliced, horizon
tal cross-section of the eventual item,” said Michael Agam, president of South Asia at Stratasy
s, an additive manufacturing solution provider based in the United States.
Stratasys provides technologies that are used to create prototype, manufacturing tools and
production parts for industries from aerospace, automotive, healthcare to consumer products.
ou to produce complex (functional) sha
pes using less material than traditional manufacturing methods,” Agam said.
Falling product costs, ease of customization of goods, as well as governm
ent incentives are helping China emerge as an Asia leader in additive manufacturing.
China’s 3D printing industry is expected to reach $7.68 billion in output value, or one-thi
rd of the global market by 2020, according to a forecast by the China Industry Information Institute.
d girl to learn what her father did not study until the third year of university? How could I
explain such complex concepts as, say, superposition states, to my 1-year-old daughter?
Yet, as I started this “mission impossible”, I soon realized it might not be as difficult as I first thought. The quantu
m physics book is, like all the books I buy for her, still a cartoon book, containing very few words.
Open the first page and you see a baby running after a cat, drawn in
a simple, colorful style that every infant will fall in love with at first sight.
Then the story became faster-paced. The cat jumped into a box and the box shut automatic
ally. The baby sat next to the closed box, not knowing what his furry friend was doing inside.
“Is the cat asleep or awake?” A question emerged from the book, w
ith the answer on the next page: “It can be both and in quantum physics.
have expanded. Now, bakeries, cinemas, convenience stores, gyms are all channels that dairy makers are try
ing to access,” said Yu Xubo, chairman of the board of directors of Mengniu, and president of COFCO Group, China’s largest food trader.
“We have also found that the purchase of fresh dairy products is increasing in major
cities among middle to higher-income earners,” said Yu, who is also a deputy to the 13th National People’s Congress.
This year, Mengniu said it plans to establish specific cold chain logistics cha
nnels and strengthen its ability to produce and transfer fresh dairy products.
Meanwhile, the dairy maker has developed some niche products. It has introduced sports milk with a high protein
content tailored to those who work out often, and milk that acts as a meal substitute, both of which have seen high
er-than-expected sales, driven by new and more diversified demand from consumers, the company said.