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two local farmers who simply buried it and caused severe environmental degra
dation, according to a local court verdict reached in January of 2017. The company w
as fined 1 million yuan ($148,850), and two senior executives were given suspended jail terms.
In July 2017, a local environmental watchdog fined the company 280,000 yuan for va
rious violations including misconduct in hazardous waste management.
Hazardous waste could potentially be radioactive, toxic, highly corrosive or otherwise ha
rmful to people and the environment. Therefore, these materials require special treatment.
At a news conference in late March, Qiu Qiwen, head of the sol
id waste and chemicals management department of the Mini
stry of Ecology and Environment, said that the proper treatment of hazardous waste and other solid
waste is of great significance as it’s fundamental to improving air, water and soil quality.
Qiu’s department was newly established in the ministry’s latest institutional reshuffle in the second h
alf of last year — a move meant to strengthen governance over hazardous waste treatment.
Liu Hong, Party secretary and president of the People’s Insurance Company of China (PICC), is being investigated for suspected v
iolations of Party disciplinary rules and laws, according to an announcement of the top anti-graft agency on Friday.
He is being investigated by the discipline inspection and supervision team of the China Cent
ral Commission for Discipline Inspection and the National Supervisory Commission, according to the announcement.
Liu, 56, was appointed Party secretary, director and president of the PICC since October
A total of 1,883 private equity and venture capital deals were compl
eted in China’s telecommunications, media and technology industry in the second half of last
year, accounting for 46 percent of total PE/VC investment, a record number since 2016, according to a PwC report.
The report showed that 1,290 PE/VC deals were clinched in the third quarter of 2018, while in th
e fourth quarter, the number of PE/VC deals in TMT sectors dipped to below 600, as overall PE/VC investments plunged.
In the second half of 2018, there were 54 large-size deals with a single deal value over $100 million, and these large-size deals
had a total value of $21.3 billion, making up 76 percent of the total in TMT sectors in the second half.
so single people think it is a waste of time compared with ordering takeout,” adding that on major food
delivery platform Meituan-Dianping, about 65 percent of the orders are made by singles ages 20 to 30.
Others choose to dine out. A recent report by global market research company Kantar Worldpanel found that 46 percent of interviewees said they had eaten
alone in the past 24 hours, up by 9 percent from 2017. Some 16 percent of respondents said they preferred to eat out alone.
Liu Chang, 24, a postgraduate at Renmin University of China in Beijing, said she likes to ex
perience celebrity restaurants recommended by food review platforms. She has visited them alone many times.
“Finding friends you like to dine with can be difficult sometimes. In view of this, I would rath
er eat alone, which can also be enjoyable and relaxing, as I can do whatever I like,” she said.