Yang Changle, CEO of Tujia, said the accommodation-sharing industry will maintain high growth this year, and hoped it will receive the status of a legal business, although it is not deemed illegal in China now.
Yang said this time the tightening mainly targeted the provincial capitals as the housing markets there still face inflationary pressures from expected growth in population in the future.
Xue grew up in a village in Linyi, Shandong province. He recalls that when he was in elementary school, the desks were made from rough wooden planks and he had to bring his own chair from home to sit on.
Yang Jiacai, former assistant chairman of the China Banking Regulatory Commission, has been placed under investigation for having "seriously violated the Party's disciplinary rules", according to a statement issued on Tuesday by the Central Commission for Discipline Inspection, China's top anti-graft authority.
Yang Delong, executive general manager of Shenzhen-based First Seafront Fund, said that A shares underwent continuous adjustment in September.
Xue still remembers the first group of students he taught. "They were three Italian students, and I taught them at night. Although we didn't have high-tech tools like PowerPoint and I was inexperienced at that time, I prepared my lessons very carefully."
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Yang works in a workshop twice the size of a basketball court, at a constant temperature of 24 degrees Celsius.
Yang Delong, chief economist at Shenzhen-based First Seafront Fund, said all the negative impact will be released at once when the A-share market resumes trading after the holiday. The Shanghai and Shenzhen indexes will make adjustments gradually, he said.
Yang Daqing, a logistics industry expert, said improving the facilities and service capabilities in the modern logistics system will help reduce supply chain costs of enterprises and enhance their core competitiveness, as well as open up the huge potential in the domestic consumption market.
Yang became a household name to Chinese audiences as a child star.