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[商业新闻] 2016-08-25&08-27 IMF:中国急需解决企业债务问题

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[商业新闻] 2016-08-25&08-27 IMF:中国急需解决企业债务问题

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IMF tells China: Fix your debt problem now   

China needs to tackle its corporate debt problem before it spirals out of control.


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Underneath the pumping ceremony of National People’s Congress, economic czar Li Keqiang had a very clear message. China’s economy has to transform. Technoloy, innovation and the rise of the middle class consumer, these, the leadership hopes, would become the new planks of China’s long term economic stability.
Roger Huang is helping to pioneer these new models of economic growth. At an age when many would be thinking about retirement, Huang, 2 years ago, launghed his membership only online shopping service, Togaoshow.
It sells both daily necessity items like flour and oil, and luxery food and drinks, tapping into China’s emerging middle class. We see the trend of the middle class, they want to get a better living, so they need to, you know, get a better quality product.
And they also want it online.  
I’m the guy happen to be in this E-commerce industry from the very beginning. In the old day, people always say, I only make online purchase if they are very cheap or the saving is significant, nowadays, becoming, well, I’m buying online because it’s convenient. So it’s not longer a purely price driving.
There’s not much that Huang doesn’t know about China’s retail industry both on and offline. In 2008, he launched online giant Allibba’popular Tianmao trading platform. He could have retired, he could have taken a 2-million-dollar-a-year job with another retail giant. Instead, he launched his own business.
In 2 years, Togaoshouw has grown from a start up of 3 people to 100 employees. He takes on university graduates, pays above average wages of about 16000 us dollors a year, and offer stock opptions to keep staff incentivized.
Within 3 years, he plans to tripple his workforce by which time Tigaoshow, he hopes would be profitable. And what is good for Huang ,and those like him, is good for China’s economy.
And the local company like us, would be able to provide the long term employment oppurnity for those young pepple. We select 6 wine. Huang has staked his future on the rise of China’s middle class. Beijing’s new economic model is likely doing the same.
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Underneath the pomp and ceremony of National People’s Congress, economic czar Li Keqiang had a very clear message. China’s economy has to transform. Technoloy, innovation and the rise of the middle class consumer, these, the leadership hopes, would become the new planks of China’s long term economic stability.
Roger Huang is helping to pioneer these new models of economic growth. At an age when many would be thinking about retirement, Huang, 2 years ago, launghed his membership only online shopping service, Togaoshow.
It sells both daily necessity items like flour and oil, and luxury food and drinks, tapping into China’s emerging middle class. We see the trend of the middle class, they want to get a better living, so they need to, you know, get a better quality product.
And they also want it online.  
I’m the guy happen to be in this E-commerce industry from the very beginning. In the old day, people always say, I only make online purchase if they are very cheap or the saving is significant, nowadays, becoming, well, I’m buying online because it’s convenient. So it’s not longer a purely price driven.
There’s not much that Huang doesn’t know about China’s retail industry both on and offline. In 2008, he launched online giant Allibba’s popular T-mall trading platform. He could have retired, he could have taken a 2-million-dollar-a-year job with another retail giant. Instead, he launched his own business.
In just 2 years, Togaoshouw has grown from a startup of 3 people to 100 employees. He takes on university graduates, pays above average wages of about 16000 us dollors a year, and offers stock opptions to keep staff incentivized.
Within 3 years, he plans to tripple his workforce by which time Tigaoshow, he hopes would be profitable. And what is good for Huang ,and those like him, is good for China’s economy.
And the local company like us, would be able to provide the long term employment oppurnity for those young pepple. We select 6 wine. Huang has staked his future on the rise of China’s middle class. Beijing’s new economic model is like doing the same.
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本帖最后由 Lilliannn 于 2016-8-25 09:30 编辑

Homework

Underneath the pomping ceremony of the National people's congress,economic czar Li Keqiang had a very clear message China's economy has to transform.Technology,innovation,and rise of middle class consumer,these,the leadship hopes will become the new plans of chinese long term economic stablity.

Roger Huang is helping to pioneer this new model of economic growth.At an age of when many would be thinking of retirement,Huang,two years ago,launched his membership only on-line shopping Togaoshow.It sells both daily necesity items like flour and oil,and luxury food and drinks,tapping to China's emerging middle class."We see the trend they want to get a better living,they need to,you know,get a better quality product."

And they also want it online."I'm the guy happened to be in this e-commerce industry from the very beginning.In the old day,people would say I only make online purchase because they are very cheap,people the saving is significant.Nowadays,I'm buying online because it is more convenient.So it is not longer a purely price-driven."

There is not much that Mr.Huang doesn't know of china's retailer industry both on and offline.In 2007, he launched online giant Alibaba's popolar T-mall trading platform,he could have retired,he could have taken 2 million dollar a year job with another retail giant,instead he launched his own business.In just 2 years,Togaoshow has grown from a start up of 3 people to 100 employees,he takes on university graduates,pays above average wages about 160,00 US dollars a year and offers stock opptions to keep staff incentivized.


Within 3 years, he plans to triple his workforce by which time Tigaoshow, he hopes will be profitable. And what is good for Huang ,and those like him, is good for China’s economy.


"And the local company like us, would be able to provide the long term employment oppurnity for those young pepple. We select 6 wine." Huang has staked his future on the rise of China’s middle class. Beijing’s new economic model is likely doing the same.
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HOMEWORK

Underneath a pomp and ceremony of the National People’s Congress, economic Tsar Li Keqiang had a very clear message: China’s economy has to transform. Technology, innovation and the rise of the middle-class consumer, these, the leadership hopes will become the new planks of China’s long-term economic stability.

Roger Huang is helping to pioneer this new model of economic growth. At an age when many would be thinking about retirement, Huang, two years ago, launched his membership only on line shopping service, Tegoushe. It sells both daily necessity items like flour and oil, and luxury food and drinks, tapping into China’s emerging middle-class.

“We see the trends of the middle-class. They want to get a better living, so they need to, you know, get a better quality product.”

And they also want it online.

“I’m the guy happen to be in this E-commerce industry from the very beginning. In the old day, people would say: ‘I only make online purchase if they are very cheap or the saving is significant.’ Nowadays becoming: ‘Well, I’m buying online because it’s more convenient. So it’s not longer a purely price-driven.”

There’s not much that Huang doesn’t know about China’s retail industry both on and off line. In 2007 he launched online giant Alibaba’s popular T-mall trading platform. He could have retired. He could have taken a $2 million-a-year job with another retail giant. Instead, he launched his own business.

In just two years, Tegoushe has grown from a start-up of three people to 100 employees. He takes on university graduates, pays above average wages of about $16,000 a year, and offers stock options to keep his staff incentivized. Within three years, he plans to triple his workforce by which time Tegoushe, he hopes, would be profitable. And what’s good for Huang, and those like him is good for China’s economy.

“A lot of companies like us will be able to provide the long term employment opportunity for those young people. We select six wines…”

Huang has staked his future on the rise of the China’s middle-class. Beijing’s new economic model looks like doing the same.

Andrew Stevens, CNN, Beijing.
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