|China to Expand Cooperation in TCM
China's Vice-Minister of Health She Jing says China will expand exchanges
and cooperation with other countries in the field of Traditional Chinese
Medicine, or TCM. She Jing states that more and more cooperation is being
carried out, reflecting the rising influence of TCM around the world. Also,
a project applying TCM in the treatment of AIDS is going smoothly and is
having an effective impact in five AIDS-stricken Chinese provinces. Since
August, the Chinese government has provided free TCM treatment to 2,300
AIDS patients in the provinces of Henan, Hebei, Anhui, Hubei and Guangdong.
Electronics Retailer is China's Richest Man
A 35-year-old who made his fortune selling electronic appliances heads
this year's list of 100 richest Chinese, as compiled by EuromoneyChina.
Huang Guangyu founded GoMe Appliances, China's largest electronics retailer.
With a fortune of US$1.3 billion, he ousted last year's No. 1, Ding Lei
of NetEase.com, who slipped to the 7th position. Second on the list is
31-year-old Chen Tianqiao, with a fortune of US$1.05 billion. Third on
the list is Rong Zhijian, 62, with a fortune of US$1 billion.
This is the sixth annual list of Chinese millionaires compiled by Shanghai-based
researcher Rupert Hoogewerf. The list indicates that the total worth of
the 100 richest Chinese has grown to US$50.7 billion, and most of the
tycoons made their fortunes in property.