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We also need to further streamline administration, delegate power, strengthen regulation and improve services. We need to transform government functions more rapidly, improve efficiency, and ensure a level-playing field for all players and a pro-innovation institutional environment. We need to give priority to "simplicity" by taking away undue government powers and delegating them directly to the market and society wherever possible. At the same time, we need to strengthen and innovate in market oversight, explore inclusive and effective prudential regulation, and guide and support the healthy development of new business forms and models. For those players that follow the right direction but have encountered problems, we need to give them prompt guidance, fix the problems and remove potential risks. We need to give them reasonable space for development instead of rejecting them outright. As for those conducting illegal operations or fraud in the name of innovation, we will punish them to the full extent of the law. We need to strictly protect intellectual property rights. We also need to promote the "Internet plus government services" model, and set up an open platform of government public services, so that government data could be shared as much as possible. This will make it easier for individuals and companies to get things done and start up businesses, and it will enhance government efficiency.

Ma Wenjuan, 46, had missed many Party-run classes because she was so busy with her grocery shop. However, she had no choice but to leave her business in her daughter's hands to attend the reforging Party branch. ' "I didn't think the organizational department would become this strict," she said.

By the time regulators changed the delisting rules in July 2014, only 78 companies had been delisted from the two bourses since 1993, when delisting was formally introduced.

Italy, at the center of the Mediterranean, is in a crucial position expected to facilitate investment, trade and cultural flows from China, and must not miss this opportunity, Peluffo stressed.

7. This paper aims to clarify the facts and tell the truth behind the relevant disputes between China and the Philippines in the South China Sea, and to reaffirm China’s consistent position and policy on the South China Sea issue, in order to get to the root of the issue and set the record straight.