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decade is likely to be driven by greater global financial sector integration,” said Alfred Schip
ke, the International Monetary Fund’s senior resident representative for China.
Chinese students are increasingly diversifying their choices of destinations for overseas stud
ies, with more students choosing to go to the United Kingdom, Australia and Canada, a new report showed.
In a multiple choice survey for the annual Report on Chinese Students’ Overseas Study, released
on Tuesday, while the United States remains the most popular destination for overseas study this year, pref
erred by 43 percent of the respondents, this was down by 8 percentage points compared with 2015.
US dominance looks uncertain as the number of students inclined to study in the UK r
ose sharply in 2019, accounting for 41 percent, up 9 percentage points compared with 2015.
rcrowding and rampant construction plaguing cities, and the development of cities will also offer unique ways to bring about rural revitalization,” Chen said.
“As restrictions on hukou will gradually be removed, cities need to be well-prepared to offer
accommodation and employment opportunities, and allow children of migrant workers to have equal access to education,” Chen added.
China has made steady progress in urbanization, as the ranks of permanent urban r
esidents stood at 831 million at the end of 2018, up 17.9 million from the previous year, said the National Bureau of Statistics.
Last month, the National Development and Reform Commission said it
plans to increase the urbanization rate by at least 1 percentage point by the end of this year.
Shen Chi, vice-director of the China Center for Urban Development, said the government’s new
plan will help foster high-quality and sustainable economic development across the nation.
“Relaxing the hukou policy will be a key step in promoting the free flow of labor across
the nation,” Shen said. “A systematic consideration and arrangement of the integratio
past couple of years, and the country also constructed one of the biggest seaports in the Caspian Sea,” Hajiyev said, addi
ng all these are important pillars of the ancient Silk Road. Besides infrastructure construction such as transport
ation hubs, Azerbaijan is working on information communication technology lines to build a modern Silk Road.
The Baku-Tbilisi-Kars railway became operational on Oct 30, 2017, and aims to complete a tra
nsport corridor linking Azerbaijan to Turkey and Central Asia and China to Europe by rail. “It works as a majo
r exporter and middle corridor under the Belt and Road Initiative, and Azerbaijan is also working on the East-West l
ine and North-South Line, linking the railway systems of Iran and Russia.”Thanks to its geographic locatio
n, Azerbaijan boasts great wine as well as tea, dried fruit, fruit juice and sweets. The country has had extensive discus
sions about exporting Azerbaijan agricultural products to China, Hajiyev said, adding A
zerbaijani companies are actively taking part in food and agricultural exhibitions in China to promote t
heir products, as the Chinese market is the one of the biggest markets in the world with immense opportunities.