One-line news
April 3, 2017 Category One-line news, Weekly
- Liu Cigui, 61, was appointed Party Secretary of Hainan province and Lin Duo assumed the post in Gansu. Zhang Qingwei, formerly Hebei provincial Governor, has been named Party Secretary of Heilongjiang province. Xu Qin, 55, is tipped to become Governor of Hebei. Liu Jiayi has been appointed as Party Secretary of Shandong province.
- Fosun International said its latest management reshuffle will have a short-term impact on the company but added that it will grow stronger longer term as it focuses on new technologies and emerging markets. Co-founder and Chief Executive Liang Xinjun has resigned due to health issues and Senior Vice President Ding Guoqi stepped down for family reasons. Wang Qunbin, another Fosun Co-founder, has taken over as CEO.
- Wang Weizhong, Party Secretary of Taiyuan, capital of Shanxi province for only the past six months, has been appointed to the same post in the hi-tech hub of Shenzhen.
- A total of 62 overseas NGOs have registered with public security authorities and set up representative offices in China after a new law regulating overseas NGOs took effect on January 1. Among the 62 NGOs, 27 are from the United States, including the Bill and Melinda Gates Foundation and the U.S.-China Business Council.
- China continued to lead the world in courier delivery volume in 2016 with 40% of the global total, according to the State Post Bureau. The total number of packages delivered surged 51.4% year-on-year in 2016 to more than 31 billion. Last year, couriers delivered over CNY4 trillion worth of retail products that had been bought online or 12.5% of total retail sales.
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