Quotable

"The country will soon use scientific methods to record enterprises' carbon emissions in major industries and find ways to allocate emissions quotas appropriately, in preparation for a nationwide carbon emissions trading market."

Su Wei, director of the climate change department of the National Development and Reform Commission, speaking at an international environmental protection forum in Guiyang, Guizhou province. As pilot carbon emissions trading schemes will be launched in seven provinces and cities in 2013 and 2014, the country is gaining momentum in curbing greenhouse gas emissions with a market mechanism.

"China's net employment outlook slipped to its weakest level since the first quarter of 2010, after employer hiring plans fell in all industry sectors and all regions."

Manpower Group, a global workforce provider, says in its employment outlook survey for the third quarter of 2013.

"Major cities around the world have become increasingly vocal on opportunities from yuan business in the past few months. The recognition and acceptance of the yuan is very encouraging if we realize that internationalization of the currency is just a three-year-old baby."

Guo Tianyong, a professor at the Central University of Finance and Economics in China, says.

(China Daily Africa Weekly 07/26/2013 page18)