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magazine of the Communist Party of China Central Committee. He said more efforts a
re needed to implement the proactive fiscal policy and boost efficiency this year.
Preventing and defusing local governments’ hidden debt risks is key to controlling major risks, he said.
Innovative financial tools will be introduced for debt swaps, and the indebted comp
anies will be allowed to choose the same way, under guidance from the local governments, Liu Shangxi, hea
d of the Chinese Academy of Fiscal Sciences, the Ministry of Finance’s think tank, told China Daily.
“The total amount of hidden debt waiting to be swapped has not yet been calculated, as this
round of debt swaps will not involve the government’s administrative orders, but depends on the ma
rket’s appetite based on the evaluation of the potential default risks and the companies’ solvency,” he said.
essure, and psychological experts say that thinking of nothing is a mental
adjustment for people, which is
good for health as it can reduce the risk
of anxiety and depression by 25 percent, according to Workers’ Daily.
If people can’t manage their emotions effectively under high pressure, it will
harm their family life, work and social life, experts say.
The suggestion sparked reaction from netizens, with Sina Weibo user
Happy little witch123 asking, “Is it ok if I
accumulate the daily five minutes and me
ditate a hour on one day?” A WeChat user named yuenyuen said, “I’m not
bragging but I can meditate for a whole day.”
Just 20 days after the opening of a
museum of broken relationships in Taiyuan, capit
al of North China’s Shanxi province, its owner joked that it was turning into a blind date site, thecover.cn reported.
Since it opened to the public on April 25, the museum has received 500 visitors every day, aged between 16 and 25.