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 Geplaatst: 27-06-2018 11:01:40 Onderwerp: part of the reforms |
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NAIROBI Panske Nike Air Max 90 Ultra SE Cierne Vypredaj , July 24 (Xinhua) -- The Kenyan government has developed conducive policy and regulatory environment to catalyze growth of sports tourism in the light of declining visits to scenic attractions occasioned by insecurity, officials said on Thursday.
Kenya Tourism Board (KTB) MD Muriithi Ndegwa said at a news conference in Nairobi that sports tourism has peaked thanks to development of modern sporting facilities and publicity blitz.
"We are showcasing the country as a favorite destination for sports tourism and have developed facilities and intensified media campaigns to realize this objective," Ndegwa said during a visit to tourist sites in northwest region.
He revealed that state agencies and sports' federations are finalizing the development of a national policy on sports tourism.
The Kenyan government has focused on growth of different sporting activities to lure tourists. Ndegwa said that Kenya has tapped into athletics, golf, rugby and swimming to attract foreign visitors.
"Currently, we are working with counties to develop sports tourism and have been organizing fun troops to high altitude training centers to showcase our athletic prowess Panske Nike Air Max 90 Námornícka Biele Vypredaj ," said Ndegwa, adding that good weather in the training camps located in North Rift has attracted dozens of international runners.
"Some of the world renowned athletes have been flocking to the high altitude training camps to prepare for major races. Their presence in Kenya has elevated our standing in the global map," Ndegwa said.
He noted that a partnership with Kenya Golf Union and Athletics Kenya will promote the country as a destination for sports tourism. He also disclosed the Treasury has pumped in 20 million U.S. dollars to develop state of the art sports facilities in counties.
"The government will tap into established and upcoming athletes to promote the country's brand during international races," Ndegwa told reporters.
A security guard stands outside the headquarters of the China Securities Regulatory Commission in Beijing in September 2015. Photo: CFP
Govt intervention should be reduced: analysts
After the appointment of Liu Shiyu as the new chairman of China's securities regulator, how and whether he can push forward with reform while maintaining stability is the new focus of attention in the capital market, analysts said Sunday.
A brief report from the Xinhua News Agency on Saturday said that the State Council Nike Air Max 90 PRM EM Brink Ruzove Vypredaj , China's cabinet, had appointed Liu to replace Xiao Gang as head of the China Securities Regulatory Commission (CSRC).
Liu, who resigned Sunday as chairman of Agricultural Bank of China, previously spent most of his career at the People's Bank of China, the central bank, and is thus highly experienced in overseeing the financial market Panske Nike Air Max 90 Hyperfuse Sede Cierne Vypredaj , according to media reports.
Some investors already appear enthusiastic about the new appointment, with a pun in which Liu's name sounds like "bull market rain" in Chinese circulating on social media.
However, Pi Haizhou, a financial commentator, pointed out that a personnel change alone cannot solve all the problems in China's stock market.
"It is naive to place high hopes on a new CSRC head after the previous replacements," Pi wrote on his Sina Weibo account on Saturday.
Since the establishment of the CSRC Nike Air Max 90 Hyperfuse Námornícka Cervene Vypredaj , the securities watchdog has had eight chairmen, including Liu. Except Shang Fulin, who served for nearly nine years, the tenures of the others were all less than three years.
Difficult balance
The reform tasks facing Liu will be full of challenges, analysts said, especially after the market slump last summer Damske Nike Air Max 90 PRM Zelene Cierne Vypredaj , which saw the benchmark Shanghai Composite Index plunge from 5,178.19 points in June to 2,850.17 points in August.
"The market remains quite fragile, so how to carry out the reforms while still maintaining stability or at least avoiding volatility is a big concern," a securities analyst surnamed Li, who preferred not to give his full name Panske Nike Air Max 90 PRM Sede Modre Vypredaj , told the Global Times on Sunday.
The move to a new registration-based IPO system is the most pressing mission for Liu, said Guo Feng, chief investment advisor with Northeast Securities, citing the central government's long-term pledge to facilitate direct financing for the real economy from the securities market.
At the end of last year, the Standing Committee of the National People's Congress, China's legislature puma fenty sk , passed a proposal to replace the current approval-based listing mechanism with a registration-based system, Xinhua reported.
"Nevertheless, considering last summer's market rout, a registration-based system won't be implemented in just one step," Guo told the Global Times on Sunday. "It requires a gradual process … and the final version of the mechanism may even have certain Chinese characteristics [to suit the A-share market]."
Moreover, from the perspective of building a healthy capital market in the long run puma rihanna tenisky , amending the Securities Law is considered another important part of the reforms Liu will need to pursue, analysts said.
The regulations and penalties for securities-related crimes are no longer suitable for the current market situation, and there are a lot of controversial problems these days such as how to punish people involved in such crimes and whether there may be a need to introduce class-action lawsuits, said Dong Dengxin, director of the Finance and Securities Institute at Wuhan University of Science and Technology.
Also, the policy-driven characteristics of China's stock market should be changed Yeezy Boost 350 V2 Vypredaj , Dong said, while noting that the government intervenes from time to time for the purposes of protecting the interests of individual retail investors.
With too much regulatory intervention the market cannot play its role, and it should not rely on the authorities to adjust everything, Guo said.
Liu's other reform tasks may also include improvements to the delist. Cedric Portugal Jersey Hugo Lloris France Jersey Harry Kane England Jersey Darijo Srna Croatia Jersey Daniel Torres Colombia Jersey Lucas Moura Brazil Jersey Laurent Ciman Belgium Jersey Guido Pizarro Argentina Jersey Diego Rolan Uruguay Jersey Steve von Bergen Switzerland Jersey |
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