NEW REPRESENTATIVE TO UN

NEW REPRESENTATIVE TO UN

Zhang Jun， Chinas new Permanent Representative to the United Nations （UN）， began his term in offi ce on August 6.

Zhang was born in 1960 in northeast Chinas Jilin Province. Before being appointed UN ambassador， Zhang had served as assistant minister for foreign affairs since 2018. Prior to that， he was director general of the Ministry of Foreign Affairss Department of Economic Affairs since 2012.

Beginning in 2007， Zhang became Chinas ambassador to the Netherlands and permanent representative to the Organization for the Prohibition of Chemical Weapons， serving until 2012. From 2004 to 2007， he was secretary to the General Offi ce of the State Council.

On his fi rst day in offi ce， Zhang pledged that China， one of the fi ve permanent members of the UN Security Council， will firmly uphold multilateralism and support the UN in playing an important role.

Post-1990s Financial Management

Guangzhou Daily August 2 Recently， a survey conducted by Alipay， Chinas leading payment platform， surprisingly showed that 92 percent of Chinese people born in the 1990s have a surplus of money after paying for living expenses every month， while 80 percent of them use fi nancial management for their personal wealth.

Young people today who were born in the 1990s are often viewed as spending money lavishly and recklessly. It may be time to realize that the post-1990s generation is unique， knowing how to enjoy life and rationally manage its wealth as well.

According to the survey， they have a stronger sense of independence and selfsecurity and the poll showed that they have gotten acquainted with consumption and fi -nancial management much earlier than their parents.

With the knowledge of social media and information dissemination approaches， the post-1990s generation has achieved a diversifi cation of income sources and satisfi ed their personal demands for consumption by utilizing Internet platforms.

Meanwhile， they are growing in the credit area， which means they are more accustomed to credit consumption rather than saving up to pay cash. On the one hand， they know how to maximize profi ts through fi nancial management， and on the other hand， a wide variety of financial products have sprung up due to the rapid development of Internet fi nance.

Revitalization of Northeast China

Outlook Weekly August 5 Hongqi， the most famous car marque headquartered in northeast China， increased sales in the fi rst half of the year by 255 percent year on year， exceeding its entire annual sales for 2018 and refl ecting the recovery of northeast Chinas economy.