Sciences, a vaccine producer in Changchun, Jilin province, faked production records and used expired material for the production of rabies vaccines over the past four years.
The company was ordered to suspend production, and senior executives
were detained and face criminal charges. The company was ordered to pay fines of 9.1 bi
llion yuan ($1.3 billion) for violations, one of the heaviest fines imposed on a pharmaceutical company over the past few years.
Following the revelations, top officials vowed harsh penalties and reform of the vaccine super
vision system to eliminate loopholes. A new law on the management of vaccines was drafted for review.
Fang Laiying, former head of the Beijing Municipal Health Commission, said he has faith in the overall safety of drugs in Chi
na, but individual cases involving violations of the law can tarnish the image of the whole pharmaceutical sector.
“The government is intensifying its efforts in cases involving violations of drug safety laws, including severely puni
shing criminals and setting up strict accountability systems to improve supervision of the sector,” he said.
Gao, the CDC head, said major infectious diseases such as dengue fever and AIDS will continue to be the priority in disease prevention and control this year.
of the sector with a focus on improving financial services and forestalling financial risks.
Opening-up of China’s financial factor has sped up, as the country re
moved foreign ownership caps of banks and financial asset management firms last year.
Richard Turnill, global chief investment strategist of BlackRock, an American global investment man
agement corporation, is also positive on China’s stocks market, according to the Barron’s report.
Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti
mulate its economy are also helpful to a bullish stock market.
However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b
rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.
Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo
under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.
said Van Jackson, a former Defense Department official in the Obama administration.
”Historically, there have been many — I know of half a dozen instances myself personally — where senior North Korean officials were brought around and shown what capi
talist industrialism looks like. They were shown what the stock market floor looks like on the New York Stock Exchange, or they were brought out to so
me tech lab in Silicon Valley,” said Jackson, author of “On the Brink: Trump, Kim, and the Threat of Nuclear War.”
”We’ve shown them what capitalism looks like … the idea that they will see something in Vietn
am physically that triggers something different than what we’ve shown them before is kind of non
sense.”There’s something for both Washington and Pyongyang to like when studying the US-Vietnam relationship.
For North Korea, it’s an example of a single-party communist country that reformed its economy without democr
atizing. For the United States, it’s an example of how to redefine a relationship and make a buck at the same time.
In 1995 — the year Hanoi and Washington normalized relations — US exports to and imports from Vietnam were
worth just $252 million and $199 million respectively. However in the first 11 months of 2018, the US exported more th
an $8 billion worth of goods to Vietnam and imported goods worth $45 billion, according to US Census figures.
”Giant pandas are China’s national treasures,” said Minister Xu Xueyuan, the Chinese embassy in the United States. “Although they are large in size, they are also charm
ing, tolerant, and peace-loving, representing many values of China itself, and are loved by people all over the world.”
”Giant pandas are also symbolic of the China-US friendship,” she told a ceremony at the giant panda house.
The housewarming was jointly hosted by the zoo and the Chinese embassy.
Giant pandas live mainly in southwest China’s Sichuan Province as well as neighboring Shaanxi and Gansu.
The latest census in 2014 found there were 1,864 giant pandas alive in the wild. The number of pand
as bred in captivity reached 548 globally as of November, 2018, according to China’s National Forestry and Grassland Administration.
At the zoo’s David M. Rubenstein Family Giant Panda Habitat currently live three giant pandas, Mei Xiang, Tian Tian and their three-year-old son, Bei Bei.
The Smithsonian’s National Zoo is one of Washington DC’s most popular tourist desti
nations and is part of the Smithsonian Institution, a world-renowned museum and research complex.