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China to issue 6 billion yuan in sovereign bonds in Macao_我的网站

A |     (ECNS) -- The Chinese central government will issue RMB 6 billion (about $836.3 million) worth of sovereign bonds in Macao on August 20, China's Ministry of Finance and the Government of the Macao Special Administrative Region jointly announced on Monday.    According to the announcement, the bond issuance will feature a more diversified maturity structure, helping further improve the regular issuance mechanism and providing investors with more secure and stable yuan-denominated investment options.    The issuance is also expected to optimize the ecosystem of Macao's bond market and promote greater connectivity between Macao, the Chinese mainland and international financial markets.                                。    (ECNS) -- Patchwork, a traditional handicraft that transforms leftover fabrics into unique creations, is becoming increasingly popular among young people in China.    Unlike fixed-pattern crafts, patchwork allows freedom in color, texture and design, with each piece reflecting personal style through stitches and combinations. The craft requires no advanced skills, making it accessible to beginners.    Sewing workshops have sprung up in many cities, teaching participants how to use machines, select fabrics and create items ranging from skirts and tops to bags. In Wuyi, Zhejiang Province, studios have drawn young customers during summer vacation, with parents also bringing children to try the craft.    Patchwork has a long history in China, as similar practices were recorded in The Rites of Zhou, a classic text on the Zhou Dynasty (1046-256 BC). Over centuries, the craft has reflected traditional values of cherishing resources and craftsmanship.    Bu Xiting, a researcher at Communication University of China, said patchwork helps people relax amid fastpaced urban life and reflects growing environmental awareness by reusing old clothes. He added that slow handicrafts are becoming lifestyle consumption trends, with potential for integration into homestays, museums and public education.                             。

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