Skip to content
rseas no longer guarantees a well-paid job, the report found that 70 perce
nt of respondents said they do not care about return on investment and are more appr
eciative of other rewards of overseas study experience, including better adaptive ability.
Gao Ang, an undergraduate student at the University of Californi
a, Berkeley, said he does not regret going to the US despite its high cost.
Overseas study provides students with many advantages－their exp
erience tends to equip them with a global mindset and better languag
e and communication skills－important characteristics for future promotion opportunities, he said.
In 2018, 662,100 Chinese people went abroad
to study, up 8.83 percent year-on-year, according to the Ministry of Education.
Growth in China’s energy consumption remains robust while the forms
of energy continued to diversify in 2018, according to an annual report on China’s energy devel
opment released Sunday by the China Electric Power Planning and Engineering Institute.
Total energy consumed last year reached 4.64 billion metric tons o
f standard coal, a year-on-year growth of 3.3 percent – a five-year record, according to the report.
Consumption of clean energy, including natural gas, hydropowe
r, nuclear power and wind power, accounted for 22.1 perc
ent of energy consumption last year, up 1.3 percent compared with the same period in 2017.
Non-fossil energy accounted for 14.3 percent, up 0.5 percentage points year-on-year, the report said.
China produced 3.77 billion tons of standard coal last year, up 5 percent year-on-year, a seve
n-year high. It has also become the world’s largest natural gas importer, with a heavier reliance on energy imports.
reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot
ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.
China must promote the healthy development of the capital m
arket through key institutional innovations, the Political Bureau of the Communist Part
y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.
Dong said the revised law is likely to be adopted by the end of the first half of the ye
ar, adding it is imperative and possible to expedite rolling out the revised version.
“Previously, controversies over the registration-based IPO system reform ha
ve prolonged the revision process, but now this factor has been largely lifted,” he said.
“As foreign investors are set to play a bigger role in China’s capital
market development, the revised law should also consider clarifying the rights and oblig
ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p