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also allows the World Heritage Committee to allocate immediate assistance from the World H
eritage Fund, enabling the conservation community to respond to specific preservation needs, she said.
Key to these efforts are flexibility and creativity, because as Rossler pointed out, there is no “one-size-fits-all” sol
ution to protecting heritage. She recommends that countries work in close cooperation with experts.
ncreased digitalization spurs commercial push at venues
The Palace Museum in Beijing, also known as the Forbidden Cit
y, is one of the most historically and culturally significant sites in China.
Once home to emperors, it now hosts throngs of visitors each day and its merchandise is sought by many across the country and overseas.
The venue also is drawing more attention in an innovative way. Among the products it offers, it has developed a rang
e of cosmetics with packaging inspired by the Ming (1368-1644) and Qing (1644-1911) dynasties.
Sales of the museum’s merchandise reached 1.5 billion yuan ($223.6 million) in 2017, according to Shan Jixiang, curato
r and director of the museum, who spoke at the Chinese Entrepreneurs Forum in Yabuli, Heilongjiang province, in February.
We hang out together every weekend, and I enjoy being with my friends more than going on a date with
someone I just met — that’s why I think I will be not actively looking for a relationship in the next few years,” she added.
Coontz said one reason people are waiting longer to get married is because more of them, es
pecially women, are going to college. Even after graduation, most people want to wait until they have paid
off at least a good portion of their college debt and acquired a steady job, she said.
Two earners are increasingly necessary for people to establish a middle-class lifestyle, so mos
t individuals want to make sure that they and their partner have decent earnings prospects.
“Another part of the answer is that our expectations of marriage — especially women’s expec
tations — are much higher than in the past, and their options outside marriage are greater,” said Coo
ntz. “So, they can be more ‘picky’ about their mates, and they can afford to wait until they find one who suits them.”
Nine China’s listed auto companies — Geely, Great Wall, JMC, FAW Car, TianJin FAW Xiali, BYD, BAIC, GAC, S
AIC — announced their 2018 financial results, news portal National Business Daily reported on Thursday.
The portal said the vehicle sales and net profits of Geely and SAIC increased in 2018, while the figures of JMC and FAW Car decreased.
Geely reported its revenue rose 15 percent year-on-year to 106.6 billion yuan last year, the net profits attributable to s
hareholders increased 18.05 percent to 12.55 billion yuan, and the vehicle cumulative
sales (including the company’s subsidiary brand LYNK&CO) reached 1.5 million units, surging 20 percent.
Great Wall’s revenue and vehicle sales in 2018 were 99.23 billion yuan
and 1.04 million units, respectively, a 1.92 percent and 1.63 percent decline from a year ear
lier, while its net profits attributable to shareholders saw a rise of 3.58 percent to 5.2 billion yuan.
yuan, 72.38 billion yuan and 902.19 billion yuan, respecti
vely, a year-on-year rise of 13.2 percent, 1.13 percent and 3.62 percent, respectively.
The three companies’ net profits attributable to shareholders were 4.43 billion yuan, 10.9 billion yuan, 36 billion yua
n, a year-on-year increase of 96.6 percent, 1.08 percent and 4.65 percent, respectively.
Last year, GAC sold 2.15 million vehicles, up 7.34 percent year-on-year, with the self-owned br
ands sales volume increasing 5.23 percent; the sales volume of the joint venture brands including GAC Ho
nda, GAC Toyota and GAC Mitsubishi rising 5.16 percent, 31.11 percent and 22.69 percent, respectively.
SAIC’s annual sales were 7.05 million vehicles with self-owned brands Roewe and MG sel
ing 730,000 vehicles and joint venture brand SAIC Volkswagen selling 2.06 million vehicles in 2018.
tner of Qiming Venture Partners, Xu Xin, founding partner of Capital Today, and Tong Sh
ihao, managing partner of GGV Capital. They ranked fifth, sixth and seventh respectively.
The list was ranked by investors’ portfolio companies that have gone public or been acquired for at least $200 million over
the past five years, or that have raised additional funding at a valuation of $400 million or more.
“A record number of international investors, pa
rticularly from China, and women investors are gradually changing the image of the Sil
icon Valley venture capitalist,” said Alex Konrad, associate editor at Forbes, in an editor’s pick.
He noted that after years of Midas dominance, the reign of Facebook and Twitt
er is over, as those deals and their well-known investors make way for a new generation.
“The increasing presence of Chinese investors in the Midas List is a solid reflection of the scal
e and vigor of the Chinese economy,” said Zhou Xuan, director of and a professor with the priva
te investment funds institute of the University of International Business and Economics in Beijing.