Author Archives: GovWorldMag

Hammond has today confirmed that “no deal” would be a total disaster for the aviation sector – Karl Turner

Karl Turner MP, Labour’s Shadow Transport Minister, responding to Philip Hammond’s admittance that a Brexit “no deal” could result in flights being grounded, said: 

“Phillip Hammond has today confirmed that “no deal” would be a total disaster for the aviation sector.

“The impact of this uncertainty will be felt by passengers long before March 2019, as airlines may not be able to sell advance tickets if a deal is not reached. If air cargo is grounded we will not be able to import or export freely.

“It is imperative that the Government prioritises securing a deal for the aviation sector and provides the industry with the certainty it needs in the run up to March 2019 and beyond.”

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Experiential bookstores boom in China

During this year’s National Day holiday, Sun Wenxiao did not spend her holiday visiting crowded tourist destinations, watching box-office hit movies, or shopping. Instead, she went to an “experiential” bookstore in her city of Jinan.

Unlike the traditional bookstores, Pinju provides visitors with diverse activities such as gourmet tasting, photo exhibitions and themed lectures, Sun said. These cultural events make the bookstore a “must-go” for young people, she added.

According to a report by the Publishers’ Association of China, the online book sales grew by 30 percent year on year in 2016, while brick-and-mortar book shops saw sales dropping by 2.33 percent.

Citizens read books at the Chengdu Fangsuo bookstore on Apr. 17, 2016. [Photo/Xinhua]

Citizens read books at the Chengdu Fangsuo bookstore on Apr. 17, 2016. [Photo/Xinhua]

To change the landscape of the industry that looked to be in decline, more and more of these bookstores have popped up in recent years in China, featuring various cultural events, book launches and public readings.

Fangsuo, a bookstore chain founded in 2011, opened its first store in Guangzhou.

While bookshelves cover the walls from floor to ceiling, the 1,800-square-meter store has a coffee bar, a boutique and a handicrafts shop, welcoming more than two million visitors every year, with an average annual sales volume of 70 million yuan (about US$10.6 million).

The mix space often hosts art exhibitions, lectures and book launches about art, culture and lifestyle, turning it into a center for the city’s book lovers.

“We hope the store can improve the quality of life for people in cities and provide them with more cultural and lifestyle information,” said Mao Jihong, the founder of Fangsuo.

So far, the company has opened another three stores in Chengdu, Chongqing and Qingdao.

The expansion of Fangsuo is the epitome of the growing popularity of these kinds of bookstores in China.

According to a report released by Everbright Securities on China’s retail industry, more than 60 experiential bookstores like Fangsuo have been set up nationwide in the first half of 2017.

Sisyphe, one of the largest private-owned bookstore chains with almost 70 stores in China, is also reinventing itself to diversify its income streams. It offers, for example, special reading and listening lessons for children.

About 80 percent of the store space is planned for bookshelves, 15 percent for coffee shops and 5 percent for creative arts and handicraft shops, said Jin Weizhu, chairman of Sisyphe. “This store space layout will help form a chain effect.”

“Whatever your requirements, a bookstore that combines such diverse activities is your best choice,” said Li Ou, a customer at the Chengdu Fangsuo store.

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New official figures are yet another indictment of the Tories’ failing housing policy – Healey

John Healey MP, Labour’s Shadow Secretary of State for Housing, responding to ONS data showing a sharp increase in house price per square metre since 2010, said:

“Britain’s housing crisis is a housing costs crisis for many people, as this report confirms. With the cost of buying and renting racing ahead of income rises, millions of younger people feel locked out of the housing market.

“Yet fewer new homes have been built under this Tory-led government since 2010 than with any peacetime government since the 1920s. These new official figures are yet another indictment of failing housing policy and a failing housing market. “Even Theresa May admits seven years of Conservative failure on housing was a big part of why her Party did so badly in the Election, yet she has no plan to fix the housing crisis.

“People whose lives are blighted by Britain’s broken housing market rightly expect Government to act but it’s only Labour’s long-term plan for a consumer rights revolution for renters, new discount homes for first time buyers and the big-scale building programme of genuinely affordable homes to rent and buy that will tackle the country’s housing crisis.”

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