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Although young people are now more willing to spend, the Chinese are much more inclined than Westerners to save, which ensures abundant capital in the banking system to fund economic expansion.
BEIJING, March 22 (Xinhua) -- Chinese Vice Premier Wang Yang on Tuesday urged local authorities to intensify flood control and disaster relief work.
The theater commands are directed to unswervingly act under the command of the Party and firmly uphold the CPC's absolute leadership over the armed forces, Xi said, urging the troops to strengthen political awareness and the awareness of safeguarding general interests.
"China's advantages in institutions and governance patterns should enable enormous, long-term economic potential be continuously translated into stability dividends," said Cai Jiming, a political economy professor with Tsinghua University.
The Chinese president expressed the hope all parties concerned will, proceeding from the general situation of maintaining peace and stability on the Korean Peninsula, deal with the current situation in a sober-minded way and always adhere to the right direction of dialogue and consultation, adding that the Chinese side is willing to continue maintaining communication and coordination with the South Korean side with respect to issues of the Korean Peninsula.
来源：资阳报