We are not here to deliver the Cup and leave. We are here

to stay by making big investments,” said the 38-year-old Greek.

“Of course our sport is very popular in China and organizing the Cup will make it even more popular. A good perfo

rmance by the national team will give it an extra boost. We are harnessing our potential under the leadership of Yao Ming.”

FIBA’s footprint in China has become more noticeable in recent ye

ars. Last June, the governing body unveiled plans to build a “one-of-a-kind” basketball aca

demy in Beijing in conjunction with Beijing Enterprises Group Company Limited to foster young Chinese talent.

And, in collaboration with the CBA, the first-ever FIBA World Basketball Summit was held in Xi’an, Shaanxi province in October.

President Xi Jinping on Monday presided over a symposium in Beijing for teachers of ideological and political theory.

Xi, also general secretary of the Communist Party of China Central Committee

and chairman of the Central Military Commission, delivered an important speech at the symposium.


He stressed that the armed forces’ 14th five-year develop

ment plan should fit with national strategies in development, security and the milita

ry, and should integrate their current and future needs to pursue sustainable, consistent growth.

Xi insisted on the military understanding the determination and intention of the Party’s leadership, exerting itself to en

hance combat preparedness and firmly safeguarding China’s sovereignty, safety, development interests, and social stability.

He also instructed the military to support the country’s economic and social development, environmental endeavors and d

isaster and accident relief work. It should also play its part in poverty alleviation, he added.

Governments at all levels should, in turn, support the military’s work, make appropriate arrangements for veterans’ empl

oyment, take good care of military retirees with physical difficulties and the family members of military personnel, and s

upport the military’s efforts to withdraw from all its commercial activities, Xi said.


The Venezuelan Foreign Ministry gave German envoy Dani

el Kriener 48 hours to leave for “interference” in the internal affairs of Venezuela. This prompted Guaido to tell German weekly Der

Spiegel that “the (Caracas) regime not only threatens the ambassador verbally, his physical integrity is also threatened”.

Kriener was among more than a dozen foreign representatives to welco

me home Guaido at Caracas airport on his return to the country on Monday. Guaido had defied

a ban on leaving the country to embark on a 10-day tour of South American countries.

Guaido remains free despite the threat of arrest by the government, though. And the US c

ontinues to tighten the screws on its campaign of sanctions to force Maduro out of power. But UN human right

s chief Michelle Bachelet said on Wednesday that sanctions have worsened Venezuela’s economic and political crisis.

It seems, therefore, that Washington’s next move will depend on how Maduro treats Guaido, and how Moscow responds to it.


Second, to achieve socialist modernization by 2035, the propo

ortion of the primary, secondary and tertiary industries in GDP should be roughly 3 percent, 32 percent and 65 perc

ent, just like it was for the developed countries when their per capita GDP reached 35,000 international dollars in PPP

terms. Which means China should focus on developing the service industry, especially the high-end service industry.

China should also maintain a high ratio of manufacturing industries, especially those related to key technolog

ies, in the GDP, as it is difficult to maintain a high TFP growth rate by depending on the agricultural and service industries.

To achieve such an industrial structure, the authorities should adjust the labor force distributio

n. Global experience suggests the working population declines in the primary industry and increases in th

e tertiary industry with the increase in per capita income and improvement in people’s living condition.