President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, speaks at a symposium on promoting the development of the Yangtze River economic belt in Wuhan, capital of Central China's Hubei Province, April 26, 2018. [Photo/Xinhua] China's pursuit of technological innovation on its own was made a key point of President Xi Jinping's survey tour of Wuhan in Central China's Hubei province, and he encouraged researchers and developers to break away from illusion and fight on their own. Xi, also general secretary of the Communist Party of China Central Committee, made the call on Thursday morning while visiting leading technological enterprises. He also toured and researched areas along the Yangtze River from Tuesday to Wednesday, Xinhua News Agency reported. Wuhan, with the river running through its downtown area, hosts a number of leading universities, State-level science labs and technological research centers. The two companies that Xi visited are in Wuhan's Donghu High-Tech Development Zone, known as the Optical Valley of China. custom braceletsevent wristbands
People in 11 provinces and cities spend over 5,000 yuan ($795.8) on maintaining their social obligations each year in China, according to a report released by the Center for Chinese Rural Studies of Central China Normal University.The 11 provinces and cities are Chongqing, Anhui, Tianjin, Hunan, Hubei, Guizhou, Shanghai, Jilin, Liaoning, Sichuan and Jiangsu. People in Chongqing spent most, 10,612 yuan on average, among the 11 areas, making up almost 20 percent of their average household total income, 54,564 yuan.During the Spring Festival, the average cost for social obligations in China is up to 1,308 yuan, including showing respect to elders, gift money, treating guests, buying groceries and donations. Fifty-nine percent of people said that this expenditure was the largest during that period in 2016, on the basis of an investigation launched by Ant Financial.According to the China Household Finance Survey and Research Center, the average expenditure for social obligations for each family occupies 7.9 percent of the family's total income, among which 45.1% of those families are at the bottom 25 percent income level.The report also indicates that the average spending on social obligations in China's rural families is 5,297.47 yuan each year, which is only 1,000 yuan less than that spent on food and drink, accounting for 16.16 percent of total household expenditures.The percentage of rural families that have social obligation expenditures was 87.71 percent, or 2,670.53 yuan, in 2008 and 95.24 percent, or 3,850.87 yuan, in 2011, respectively.
