5)& */%&1&/%&/5 '3*%: 4&15&.#&3...
1
In the past two years, since the construction of the Yunnan Border Pilot Zone for Com- prehensive Financial Reforms started, RMB cross-border lending has played an important role in serving the real economy while helping business opera- tions and supporting the con- struction and development of Yunnan. As of the end of June, a total of seven businesses had registered 11 RMB cross-border loan contracts through the Yun- nan Border Pilot Zone for Com- prehensive Financial Reforms. These involved 2.478 billion yuan. Eight withdrawals have also been handled, amounting to 964 million yuan. The loan terms were mostly one-year and the main sources of the loans were from Singapore and Ma- laysia. The introduction of this business has provided a chan- nel of circulation for onshore and offshore RMB funds. Now, enterprises can make full use of both domestic and foreign mar- kets to pool funds, improve the efficiency of financial opera- tions and fully enjoy favourable policies brought by the interna- tionalization of RMB. The opening up of the bank- ing sector has achieved good results. So far, the number of foreign banks has increased to seven in Yunnan. In addition, Lao China Bank, a holding bank of Fudian Bank, went into business in Vientiane, Laos last January as the first operational joint-banking institution set up by a Chinese city commercial bank in another country. Yunnan’s position as a finan- cial radiation centre for South Asia and Southeast Asia con- tinues to be enhanced. In 1H15, the Agricultural Bank of China set up the Pan-Asian Operation Centre in Kunming and three sub-centres in Hekou (Honghe), Mohan (Xishuangbanna) and Ruili (Dehong), respectively. With the introduction of the non-major currency clearing model, the Agricultural Bank of China has become the first banking institution to del- egate the clearing function of the head office to provincial branches. Fudian Bank has achieved full coverage of fi- nancial services for the Ruili, Hekou and Mohan ports that border Myanmar, Vietnam and Laos respectively. It will take full advantage of its business ties with Lao China Bank to offer direct RMB cross-border remittance services and pro- mote the construction of the Mohan-Boten Economic Co- operation Zone. Shanghai Pu- dong Development Bank also set up an Offshore Business Innovation Centre in Kunming this April, which will provide Yunnan enterprises that are looking to “go global” with a package of offshore financing and knowledge-leveraging ser- vices. Currently, the Yunnan Branch of China Construction Bank is applying to its head office for the establishment of a Pan-Asian cross-border busi- ness centre to promote bilateral local currency clearing and cross-border financing with neighbouring countries. From May 2005 to May 2015, “Impression Lijiang”, a large-scale cultural show, has entertained 13.1 million view- ers with 6,928 performances, bringing in 1.47 billion yuan. Besides economic benefits, it is also acclaimed by the commu- nity and has become a cultural symbol of Lijiang and Yunnan. “It is awesome. I watched the whole show in tears. I was deeply touched as the plot ran”, said Ms. Chen from Zhejiang after watching “Im- pression Lijiang”. In various online communities, Netizens use such words as “awesome”, “spiritual baptism” and “moved to tears” to comment on the pictures and videos of “Impression Lijiang”. Blending a real-life stage, local culture, folk customs and ethnic arts, “Impression Lijiang” is a miraculous and world-class live performance. “Impression Lijiang” is staged at an altitude of 3,100 meters in Ganhaizi of the na- tional 5A-rated scenic area of Yulong Snow Mountain. On the world’s highest and largest real-life stages, it accomo- dates more than 500 singing and dancing actors and ac- tresses while they interpret the ethnic cultural elements of Li- jiang. These include caravan culture, drinking customs, the story of a lovers’ suicide, the datiao group dance, a heaven worshipping ceremony and a praying ceremony. The actors and actresses are local villag- ers without any professional training, making the perfor- mances especially original. “Impression Lijiang” con- sists of two halves and six scenes, and all performances are scheduled during the day. It does not have a specific theme or follow a specific storyline. Instead, “It is all about the most direct and real feelings,” says Fan Yue, chief director of the show. Such a performance style is well-re- viewed by the audience. Data show that “Impression Lijiang” has maintained an audience satisfaction rate of over 95 percent. Since 2011, “Impression Lijiang” has been among top three tourism shows in China. Starting September 8, all vet- erans in the province who par- ticipated in the Chinese People’s War of Resistance Against Jap- anese Aggression and the World Anti-Fascist War can receive free medical examinations. This programme was jointly launched by the First Affiliated Hospital of Kunming Medical University, the Yunnan Provincial “Caring for Veterans” Project Office and Yunnan Wuliangshan Biological Development Co. Ltd, as part of the commemoration of the 70th anniversary of the victory in the Chinese People’s War of Resis- tance Against Japanese Aggres- sion and the World Anti-Fascist War. At present, more than 1,000 veterans living in Yunnan qual- ify for the programme. The hos- pital will set up health archives for them so as to give health advice on a regular basis. Over the past three years, since it went into operation in June 2012, Kunming Changshui International Airport has seen its passenger throughput con- stantly rise, and its punctuality rate improve. In January, Feb- ruary, March, April and June of this year, Kunming Changshui International Airport ranked first among domestic airports with a designed throughput of more than ten million passengers in terms of punctuality rate. To improve its flight oper- ation control and response to extreme weather, the Kunming Changshui International Air- port Operation and Manage- ment Committee joined hands with Hefei Feiyou Network Technology Co Ltd. in July 2014 to develope the “Yunnan Airport Ground Operations Management System (GOMS)” . Upon the system release on December 10, 2014, Kunming Changshui Airport became the first domestic airport to use information platforms for flight operation control. Over the past three years, since Kunming Airport moved from Wujiaba to Changshui, it has seen rapid growth in flight traffic. In first half this year, it has handled 18,074,800 passen- gers, representing a year-on- year increase of 20.1 percent -the highest growth rate among domestic airports with a de- signed throughput of over ten million passengers. As of 2014, Kunming Airport has opened 275 routes, connecting 134 cities. Forty-four airlines op- erate out of Kunming Airport, of which five Kunming-based airlines boast fleets of more than 120 aircraft. An aviation network covering most domes- tic cities and major South and Southwest Asian cities. BEAUTIFUL YUNNAN BY Hu Xiaorong Contact us at: (86)871-64160782 Fax: (86)871-64161299 Email: [email protected] Address: No.337, XinWen Road, Kunming City, Yunnan Province, PRC. PC: 650032 Yunnan rapidly becoming regional financial centre “Impression Lijiang” Free medical examination for veterans - a legendary cultural show of lasting fame Kunming Airport improving punctuality rate CULTURE ONE BELT & ONE ROAD Bank tellers working in LCNB Bank in Vientiane, Laos, the bank was Jointly ran by companies from Yunnan and Laos. Photo by Zhang Ruogu BY Chen Xinlong BY Yu Guopeng BY Yang Shuyan CARING FOR VETERANS
Transcript of 5)& */%&1&/%&/5 '3*%: 4&15&.#&3...
In the past two years, since the construction of the Yunnan Border Pilot Zone for Com-prehensive Financial Reforms
s tar ted, RMB cross-border lending has played an important role in serving the real economy while helping business opera-tions and supporting the con-
struction and development of Yunnan. As of the end of June, a total of seven businesses had registered 11 RMB cross-border loan contracts through the Yun-
nan Border Pilot Zone for Com-prehensive Financial Reforms. These involved 2.478 billion yuan. Eight withdrawals have also been handled, amounting
to 964 million yuan. The loan terms were mostly one-year and the main sources of the loans were from Singapore and Ma-laysia. The introduction of this business has provided a chan-nel of circulation for onshore and offshore RMB funds. Now, enterprises can make full use of both domestic and foreign mar-kets to pool funds, improve the efficiency of financial opera-tions and fully enjoy favourable policies brought by the interna-tionalization of RMB.
The opening up of the bank-ing sector has achieved good results. So far, the number of foreign banks has increased to seven in Yunnan. In addition, Lao China Bank, a holding bank of Fudian Bank, went into business in Vientiane, Laos last January as the first operational joint-banking institution set up by a Chinese city commercial bank in another country.
Yunnan’s position as a finan-cial radiation centre for South Asia and Southeast Asia con-tinues to be enhanced. In 1H15, the Agricultural Bank of China set up the Pan-Asian Operation Centre in Kunming and three sub-centres in Hekou (Honghe), Mohan (Xishuangbanna) and Ruili (Dehong), respectively.
With the introduction of the non-major currency clearing model, the Agricultural Bank of China has become the first banking inst i tut ion to del-egate the clearing function of the head office to provincial branches. Fudian Bank has achieved full coverage of fi-nancial services for the Ruili, Hekou and Mohan ports that border Myanmar, Vietnam and Laos respectively. It will take full advantage of its business ties with Lao China Bank to offer direct RMB cross-border remittance services and pro-mote the construction of the Mohan-Boten Economic Co-operation Zone. Shanghai Pu-dong Development Bank also set up an Offshore Business Innovation Centre in Kunming this April, which will provide Yunnan enterprises that are looking to “go global” with a package of offshore financing and knowledge-leveraging ser-vices. Currently, the Yunnan Branch of China Construction Bank is applying to its head office for the establishment of a Pan-Asian cross-border busi-ness centre to promote bilateral local currency clearing and cross-border financing with neighbouring countries.
From May 2005 to May 2015, “Impression Lijiang”, a large-scale cultural show, has entertained 13.1 million view-ers with 6,928 performances, bringing in 1.47 billion yuan. Besides economic benefi ts, it is also acclaimed by the commu-nity and has become a cultural symbol of Lijiang and Yunnan.
“It is awesome. I watched the whole show in tears. I was deeply touched as the plot ran”, said Ms. Chen from Zhejiang after watching “Im-pression Lijiang”. In various
online communities, Netizens use such words as “awesome”, “ s p i r i t u a l b a p t i s m ” a n d “moved to tears” to comment on the pictures and videos of “Impression Lijiang”.
Blending a real-life stage, local culture, folk customs and ethnic arts, “Impression Lijiang” is a miraculous and world-class live performance.
“Impression Lij iang” is staged at an altitude of 3,100 meters in Ganhaizi of the na-tional 5A-rated scenic area of Yulong Snow Mountain. On the world’s highest and largest
real-life stages, it accomo-dates more than 500 singing and dancing actors and ac-tresses while they interpret the ethnic cultural elements of Li-jiang. These include caravan culture, drinking customs, the story of a lovers’ suicide, the datiao group dance, a heaven worshipping ceremony and a praying ceremony. The actors and actresses are local villag-ers without any professional training, making the perfor-mances especially original.
“Impression Lijiang” con-sists of two halves and six
scenes, and all performances are scheduled during the day. It does not have a specific theme or follow a specific storyline. Instead, “It is all about the most direct and real feelings,” says Fan Yue, chief director of the show. Such a performance style is well-re-v i e w e d b y t h e a u d i e n c e . Data show that “Impression Lijiang” has maintained an audience satisfaction rate of over 95 percent. Since 2011, “ Impress ion Li j iang” has been among top three tourism shows in China.
Starting September 8, all vet-erans in the province who par-ticipated in the Chinese People’s War of Resistance Against Jap-anese Aggression and the World Anti-Fascist War can receive free medical examinations. This programme was jointly launched by the First Affiliated Hospital of Kunming Medical University, the Yunnan Provincial “Caring for Veterans” Project Offi ce and Yunnan Wuliangshan Biological Development Co. Ltd, as part of the commemoration of the 70th anniversary of the victory in the Chinese People’s War of Resis-
tance Against Japanese Aggres-sion and the World Anti-Fascist War.
At present, more than 1,000 veterans living in Yunnan qual-ify for the programme. The hos-pital will set up health archives for them so as to give health advice on a regular basis.
Over the past three years, since it went into operation in June 2012, Kunming Changshui International Airport has seen its passenger throughput con-stantly rise, and its punctuality rate improve. In January, Feb-ruary, March, April and June of this year, Kunming Changshui International Airport ranked fi rst among domestic airports with a designed throughput of more than ten million passengers in terms of punctuality rate.
To improve its flight oper-ation control and response to extreme weather, the Kunming Changshui International Air-port Operation and Manage-ment Committee joined hands with Hefei Feiyou Network Technology Co Ltd. in July 2014 to develope the “Yunnan Airport Ground Operations Management System (GOMS)” . Upon the system release on December 10, 2014, Kunming Changshui Airport became the first domestic airport to use information platforms for fl ight operation control.
Over the past three years, since Kunming Airport moved from Wujiaba to Changshui, it has seen rapid growth in fl ight traffi c. In fi rst half this year, it has handled 18,074,800 passen-gers, representing a year-on-year increase of 20.1 percent -the highest growth rate among domestic airports with a de-signed throughput of over ten million passengers. As of 2014, Kunming Airport has opened 275 routes, connecting 134 cities. Forty-four airlines op-erate out of Kunming Airport, of which five Kunming-based airlines boast fleets of more than 120 aircraft. An aviation network covering most domes-tic cities and major South and Southwest Asian cities.
BEAUTIFUL YUNNAN
BY Hu Xiaorong
Contact us at: (86)871-64160782 Fax: (86)871-64161299 Email: [email protected] Address: No.337, XinWen Road, Kunming City, Yunnan Province, PRC. PC: 650032
Yunnan rapidly becoming regional financial centre
“Impression Lijiang” Free medical examination for veterans- a legendary cultural show of lasting fame
Kunming Airport
improving punctuality
rate
CULTURE
ONE BELT & ONE ROAD
Bank tellers working in LCNB Bank in Vientiane, Laos, the bank was Jointly ran by companies from Yunnan and Laos. Photo by Zhang Ruogu
BY Chen XinlongBY Yu Guopeng
BY Yang Shuyan
CARING FOR VETERANS
