RICHEST SELF-MADE WOMAN
2020-04-14
RICHEST SELF-MADE WOMAN
Zhong Huijuan, CEO of Hansoh Pharmaceutical Group Co. Ltd., has become the richest self-made woman billionaire in the world with $15.1 billion, according to the Hurun Research Institute. She also has one of the fastest-growing fortunes among the 100 female billionaires worldwide.
Zhong, 58, was a chemistry undergraduate who taught chemistry at a middle school in Lianyungang, Jiangsu Province in east China. She founded Hansoh in 1995. It is Chinas largest maker of psychotropic drugs.
Hansoh produces drugs in six major therapeutic areas, including oncology, gastrology and cardiology. The company reported profi ts of 1.9 billion yuan ($267.4 million) in 2018. It went public in Hong Kong in 2019, with Zhong holding a 68-percent stake.
Zhongs husband, Sun Piaoyang, is the CEO of Jiangsu Hengrui Medicine Co., a manufacturer of anti-tumor drugs.
New Driver of the Economy
Xinhuanet.com March 29
Many provinces have incorporated such content into their major investment projects for 2020 as 5G networks and data centers. The construction of new infrastructure is expected to produce new drivers for the economy and meet market demand.
In the digital age, new infrastructure must take advantage of advanced technologies such as artificial intelligence and big data to provide various services like online trading, remote working and online courses. It can promote the development of other industries and realize effi cient social operation and the better use of resources.
Local governments need to invest in new infrastructure according to the circumstances in their regions. Construction should be coordinated with other projects to avoid wasteful investment. During the promotion of digital progress, the government should use policy advantages to attract social capital and the market can play a dominant role in resource allocation and broaden the fi nancing channels for construction.
New infrastructure will release massive potential in economic and social growth by cultivating new industries and creating a better life for Chinese.
Protection for Hospitals
Beijing Youth Daily March 27
The Standing Committee of the Beijing Municipal Peoples Congress began review of a draft regulation on public security management at the citys hospitals on March 26.
The draft states public order at hospitals should not be disturbed. Security checks must be undertaken before entering hospitals, and security guards should report to the police if they find anyone attempting to bring restricted or hazardous items inside. Medical workers have the right to refuse treatment when their safety is threatened.
In recent years, authorities at all levels of government have formulated measures to protect medical workers and hospitals have stepped up their security. Yet these efforts have failed to prevent attacks on doctors and nurses by patients or their relatives.
The draft provides comprehensive articles to ensure security at hospitals and will be improved after review.
It is the fi rst time medical staff have been empowered to deploy strategies of evasion. The details still need perfecting, such as plans to take care of the patients if doctors leave the wards.
People who have a record of attacking or threatening medical workers are to be accompanied by hospital guards while they receive treatment, another highlight of the draft. In order to identify high-risk individuals, hospitals need to share information about patients. The draft also proposes the establishment of a platform providing security information for hospitals in the city.
The new legislation is an effective way to ensure security and order in hospitals. The municipal governments work is expected to provide a reference and experience for others.
A Common Challenge
People.com March 27
As the world grapples with the novel coronavirus disease (COVID-19), China shared its method of containing the pandemic in a video summit held by Group of 20 leaders on March 26.
President Xi Jinping put forth four proposals at the summit, calling on G20 members to remain resolute in fi ghting an all-out global war against COVID-19, produce a collective response for control and treatment at the international level, support international organizations in playing their roles and enhance international macroeconomic policy coordination.
Today, confi rmed cases in G20 member states account for over 80 percent of the global total. These countries are urged to shoulder their responsibility and contain the pandemic through cooperation as part of a platform for comprehensive crisis management and fi nancial governance.
China has assumed its responsibility in the global containment of the pandemic and is ready to contribute further under the framework of the G20, offering its experience in successfully containing the virus.
G20 members should enhance information sharing and coordination on epidemic prevention and control, support the World Health Organization and contribute to the improvement of international public health governance.
The spread of COVID-19 is fueling concern about its impact on the global economy. G20 countries also advocate international cooperation for economic recovery.
NINETEEN DEAD IN FOREST FIRE
Huang Yongning, a 34-year-old fi refi ghter, died while battling a forest fi re in Xichang, Sichuan Province in southwest China, on March 31. Nineteen people, 18 fi refi ghters and a guide, died in the blaze. The fi re was completely put out on April 2.
It started on a farm on March 30 and quickly spread to nearby mountains due to strong winds, according to the information offi ce of Xichang. The fi re broke out near a liquefi ed petroleum gas storage facility.
The victims became trapped due to a sudden change in the winds direction at early morning on March 31.
As of April 2, over 1,000 hectares had been scorched, and around 80 hectares of forest destroyed. A total of 24,467 people in the neighboring three towns were evacuated.
“COVID-19 is not just a health issue; it can also be a virus that exacerbates xenophobia, hate and exclusion.”
Fernand de Varennes, the UN Special Rapporteur on Minority Issues, in a statement issued on March 30
“We are living in the same forest and a burning fire can ruin all of us. COVID-19, an invisible enemy of humanity, can destroy the lives and health of countless people. Only with cooperation, mutual assistance and unity can we find a way out.”
Jack Ma, former Executive Chairman of Chinese tech giant Alibaba Group, writing on his Weibo account on March 26
“We must ensure that food markets are functioning properly and that information on prices, production, sales and stocks of food is available to all in real time. This approach will reduce uncertainty and... will contain unwarranted panic in global food markets.”
Qu Dongyu, Director General of the UN Food and Agriculture Organization, in an article in Nepal-based New Spotlight Magazine on March 28
“Although China has controlled the pandemic in a short period of time and provided timely foreign assistance, there has been no substantial change in the Western precaution and suspicion toward China in recent years. China should be aware of this.”
Zheng Yongnian, a professor at the East Asian Institute, National University of Singapore, in an interview with China News Service on March 30