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Capital to restock equipment, refit fever clinics and continue strict screenings

Capital to be used for municipal infrastructure projects, transportation

Chefs from a number of embassies will compete in the first "gastrodiplomacy chef's competition" in Beijing on May 22. The event is hosted by the Gourmand World Cookbook Awards, the East Eat Group of China and the Global Center of Gastrodiplomacy. Culinary diplomacy or "gastrodiplomacy" is defined as the use of food and cuisine as instruments to create cross-cultural understanding and platforms for economic development. The chefs will use ingredients from their countries to show their best national products, which the public will be invited to taste during the event.

Changes in market expectations and uncertainties over the future economic environment also influenced the behavior of investors, who are very concerned about issues such as the development of the private economy and property rights protection.

Century-old bike maker Shanghai Phoenix Enterprise (Group) Co Ltd said in its half-year fiscal report released on Aug 25 that its turnover for the first six months slumped 55.72 percent year-on-year to 353 million yuan (.8 million). Its net income contracted by 55.44 percent to 19.11 million yuan. During the same period, the Shanghai Composite Index fell 13.9 percent.