Yang recalls how he worried that he might be labeled as a "speculator" or a "profiteer." At that time, laboring with one's hands was considered one of the few honorable ways to make a living.
Yang Hanliang is moonlighting.
Yang said China has altered its concept of and road maps for economic development amid changing circumstances. "There have been dramatic changes in China's demand structure ... pollution has exceeded the environment's capacity to bear it," he said.
Xu's remarks came after the ACFIC, the Hubei government and the China Society for Promotion of Guangcai Program, joined hands with leading private companies to help restore economic and social development and eliminate poverty in Hubei.
Xu said the maintenance of high-speed growth year-on-year in the new energy vehicle sector would also assist the overall auto industry.
YANGON - More bodies were recovered from the jade mine landslide in Myanmar's Kachin state on Friday morning, bringing the death toll to 166, according to the latest figures released by the Fire Services Department.
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Yao spent about four months learning how to sharpen knives and three years practicing slicing.
YTO Express chairman Yu Weijiao said Chinese couriers are thriving and the world needs Chinese services. Over the past decade, courier companies have benefited from the e-commerce. But the market remains largely domestic. Cross-border operation accounts for merely 2 percent in terms of handling volume. However, changes came fast. In the first quarter this year, Chinese mainland couriers handled 170 million pieces of parcel across the border, up 29 percent from a year earlier, State Post Bureau figures show. The revenue of overseas delivery grew by 19.8 percent to hit 11.1 billion yuan. All top five Chinese couriers, also including ZTO Express, Yunda Express and STO Express, plan aggressive overseas expansion. Overseas expansion has been encouraged by the government as the five-year plan (2016-2020) calls for setting up a batch of overseas logistics centers. Cainiao Network Technology, Alibaba's courier aggregator, has set up such centers in Southeast Asia, cutting cost by 44 percent while shortening delivery time by a quarter, said the company's spokesperson Guan Xiaodong. Zeng Junshan, an industry observer, saw overseas operation a key structural change for Chinese couriers as the domestic market saturated. Major Chinese online retailers have expanded overseas. In June, both Alibaba and JD.com announced plans to launch end-to-end retail shopping websites for overseas clients. Wang Yonggang, a marketing manager for Chinese smart-phone Vivo, said online shopping is becoming a global phenomenon. He said the company on average receives 1,000 overseas orders via online retailers. "We are seeing a new trend in global trade," said Wang Jian, a professor with University of International Business and Economics. "It is not just corporations and big traders involved. Individual consumers, micro enterprises are playing an increasingly important role."
Yang said the company will invest 2 billion yuan (9 million) to raise its annual processing capability from 850,000 metric tons of spent lead-acid batteries to 1.55 million tons, while expanding its business overseas, mainly through acquisitions.
Yao Shengqi contributed to this story.