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rseas no longer guarantees a well-paid job, the report found that 70 perce
nt of respondents said they do not care about return on investment and are more appr
eciative of other rewards of overseas study experience, including better adaptive ability.
Gao Ang, an undergraduate student at the University of Californi
a, Berkeley, said he does not regret going to the US despite its high cost.
Overseas study provides students with many advantages－their exp
erience tends to equip them with a global mindset and better languag
e and communication skills－important characteristics for future promotion opportunities, he said.
In 2018, 662,100 Chinese people went abroad
to study, up 8.83 percent year-on-year, according to the Ministry of Education.
reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot
ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.
China must promote the healthy development of the capital m
arket through key institutional innovations, the Political Bureau of the Communist Part
y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.
Dong said the revised law is likely to be adopted by the end of the first half of the ye
ar, adding it is imperative and possible to expedite rolling out the revised version.
“Previously, controversies over the registration-based IPO system reform ha
ve prolonged the revision process, but now this factor has been largely lifted,” he said.
“As foreign investors are set to play a bigger role in China’s capital
market development, the revised law should also consider clarifying the rights and oblig
ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p
head of the Chinese Mission to the EU. So far, 22 European countries have signed memorandums of understanding with Chi
na to promote the Belt and Road Initiative, with Italy and Luxembourg the most recent examples, he said.
Chen Fengying, a senior researcher at the China Institutes of Contemporary International
Relations, said that Li’s European trip is to further enhance high-level exchanges and political trust between
China and the EU, following President Xi Jinping’s visit to Italy, Monaco and France last month.
Both sides support the multilateral trading system and face challenges posed by risin
g protectionism and unilateralism to economic globalization and multilateralism, Chen said. On the global geopoliti
cal stage, China is developing at a very fast pace with an enormous economic scale, Chen said.
“As a huge market, China has reiterated its opening-up (policy) to the ou
tside world, including to European countries. Therefore, both sides should strengthen cooper
ation and exchanges in areas such as trade, investment and the Belt and Road Initiative,” she said.