Month: March 2019
Deloitte Industry 4.0 Readiness Report. The research surveyed more than 2,000 global executives and public sector leade
rs in 19 countries, including about 130 from China, about how they are prepared to embrace the revolution.
According to the report, the revolution－which features the booming new technologies and th
e combination of them－has a big opportunity to positively change the world, but has also posed great
challenges. To thrive in the future, Hook believes businesses should strengthen cross-border cooperation and pri
oritize diversity and inclusiveness in corporate cultures－all to maximize the ideas and angles to tackle the challenges.
A key part of achieving diversity is to close the gender gap in bu
siness leadership, which is especially large in the Asia-Pacific region, including China.
According to a report from McKinsey Global Institute released last
year, slightly less than four women held leadership positions for every 10 men in bu
siness and politics, worldwide in 2016. The figure fell to one for four for the Asia-Pacific region, and one for five in China.
Environmental monitoring has detected an excessive amount of the harmful gas benzene ne
ar the site of a deadly explosion in Xiangshui county of Jiangsu province, authorities said on Thursday.
At 10 am on Wednesday, the benzene density stood at 2.04 milligrams per cubic meter at a monitoring point that is 1 kilometer away in the downwind direc
tion from the site, about 17.5 times more than the national standard. The concentration was below the standard, how
ever, 2 and 3.5 kilometers away, according to a media release from the Jiangsu environmental watchdog.
“Analysis done by environmental experts working on the site shows that the excessive den
sity of benzene occurred because buried pollutants were gradually exposed to the air as cleaning work cont
inues on the site,” Liu Youbin, spokesman of the Ministry of Ecology and Environment, told a news conference on Thursday.
The explosion occurred at about 2:48 pm on March 21 after a fire broke out in a plant owned by Jiang
su Tianjiayi Chemical Co. So far, the blast has claimed the lives of 78 people and injured more than 600 people.
took the examination, was quoted by China National Radio as saying that it had broade
ned his horizons and enabled him to gain a higher strategic perspective that can be used in planning future operations.
“It also reminded me of the necessity that as a commander, I not only need to take into consideration joint o
perations by various services in the PLA but also to think about joint campaigns with foreign militaries,” he said.
In June, the Ground Force organized a test for commanders of its 13 group armies – its la
rgest combat units. Since the start of this year, the Ground Force has conducted a wide range of exam
inations for almost all of its members to verify their professional knowledge and skills.
Geely and Daimler plan a 50-50 joint venture in China, which will develop and produce electric Smart br
anded vehicles and sell them globally starting from 2022, according to a deal the two signed earlier this week.
Representatives of the two carmakers said the Fi
nancial Times’ report of Daimler selling a 50 percent stake of Smart to Geely was not true.
Daimler, also owner of Mercedes-Benz, is currently prod
ucing the Smart branded vehicles in a plant in Hambach, France, but the plant will produc
e electric Mercedes-Benz models instead when the Chinese plant is finished. The location of the plant has not yet been disclosed.
oss the period, be they old masters’ paintings, impressionist, or modern and contemporary, he said.
The second trend is that Chinese and Asian markets continue to grow and flourish
despite short-term macroeconomic challenges the world is facing, Belin said.
“We continue to see strong appetite for collecting and strong growth.
We continue to see a very strong demand and we do see (in Asian Art Week here) very stro
ng buying appetite from our clients; a depth of biding that even surprised ourselves,” he said.
The third key trend in Asia is growing number of young collectors, Belin said.
“There are more young billionaires in Asia than we have in Europe and in the U.S., and that’s also reflected in collec
ting, which is very exciting for Christie’s, because we can bring our clients much earlier on the collecting journ
ey with the best art across the world. And we can accompany them for even longer time in their journey.”
The flourishing Chinese culture market represents “fantastic opportunities” for Christie’
s and the auction house always attaches greater importance to the Chinese market, said the senior industry leader.
Being the first international fine art auction house to be gran