China Merchants Bank Co Ltd has teamed up with ride-hailing major Didi Kuaidi to provide automobile financing and expand its reach in China's booming mobile payment industry.

    The two have inked a comprehensive partnership, which includes a strategic investment by the former in the latter. Under the partnership, CMB will become the first bricks-and-mortar bank that can offer in-app credit card payments to Didi users. At present, users of Didi can only choose third-party payment solutions like WeChat Payment and Alipay to pay cab fares.

    Zhao Ju, vice-president of CMB, said the cooperation with Didi was an important step in its mobile Internet finance strategy. “CMB's mobile payment is going to enter a new chapter by leveraging Didi Kuaidi's vast user base," he said.

    According to a report by China Internet Network Information Center earlier this month, Didi holds 87.2 percent of China's private car hailing market. The company said it has received 1.43 billion car-hailing requests on its platforms in 2015, which means 1.43 billion payments were made via smartphones.

    CMB is expected to use Didi to reach the core users of China's mobile payment market. Jean Liu, president of Didi, said many of the expats prefer payment by credit card rather than Alipay or WeChat. "The new partnership will help improve service quality and customer loyalty," she said. The investment makes CMB part of Didi's existing investors, including Tencent Holdings Ltd, Alibaba Group Holding Ltd and China Investment Corporation. Both of the companies declined to reveal the actual amount of the investment.

    Liu, who showed up on Tuesday for the first time in public after her treatment for breast cancer, said the cooperation with CMB is for the long run and "the capital investment is only part of it".

    Under the partnership, CMB and Didi will cooperate on a wide range of initiatives on financial services and online-to-offline cooperation. Apart from the in-app credit card payments, the two companies are going to launch joint credit cards in late February and automobile financing services for Didi's car owners. CMB's branches across China are expected to help Didi recruit more drivers.

    "There is a lot of room for imagination in our partnership," Li said, adding in future people may use their CMB credit card reward points to pay for the ride on Didi.

    Li Chao, an analyst with iResearch Consulting Group, said the partnership may not significantly boost CMB's mobile payment business. "Didi has educated the market for three years and its customers have formed the habit of paying by WeChat or Alipay. So I think CMB can only turn a very smart proportion of Didi users into its payment customer," he said. "But the move shows that China's traditional banking industry is finally thinking out of the box and looking for outside partners in Internet finance competition," he said.

    Statistics from Big-Data Research showed that more than 90 percent of China's 9.3 trillion yuan ($1.41 trillion) worth of third party mobile payment market is donated by Alibaba and Tencent.

    Rick Garcia is going to play outside with his friends. He is taking out his reliever inhaler (缓解物吸入器) and taking two puffs (吸). Five minutes later, he's on the field with his friends, running after a soccer ball. Rick has asthma (哮喘), but he knows how to control it.

    Asthma is a lung disease. A person with asthma may cough or suffer from shortness of breath. Asthma can begin at any age. Childhood asthma, often beginning when a child is younger than 10 years old, is one of the most common childhood diseases. Doctors report that the number of young people with asthma is increasing. It is the number one cause of absence from school. If parents have asthma, their children are more likely to develop the disease. Children in homes where an adult smokes are more at risk.

    It is important to find out the triggers for asthma. As we know, dust, pollen, or animals often make people suffer from asthma. Once a child learns the triggers, he can help prevent future attacks. About half of all children outgrow asthma and then asthma attacks stop when they are teenagers. However, many people live with the disease into adulthood.

    Children often take control drugs once or twice a day to help prevent asthma attacks, if a child begins to have an asthma attack, a quick-relief drug is also necessary. This is often an inhaler. School-aged children usually carry their inhalers with them. This medication works quickly and children begin to breathe more easily in a few minutes. If a child has a serious asthma attack, he may need full-time care at a hospital or a doctor's office.

    About this time every year, I get very nostalgic(怀旧的). Walking through my neighborhood on a fall afternoon reminds me of a time not too long ago when sounds of children filled the air, children playing games on a hill, and throwing leaves around in the street below. I was one of those children, carefree and happy. I live on a street that is only one block long. I have lived on the same street for sixteen years. I love my street. One side has six houses on it, and the other has only two houses, with a small hill in the middle and a huge cottonwood tree on one end. When I think of home, I think of my street. Only I see it as it was before. Unfortunately things change. One day, not long ago, I looked around and saw how different everything has become. Life on my street will never be the same because neighbors are quickly grown old, friends are growing up and leaving, and the city is planning to destroy my precious hill and sell the property to contractors.

    It is hard for me to accept that many of my wonderful neighbors are growing old and won't be around much longer. I have fond memories of the couple across the street, who sat together on their porch swing almost every evening, the widow（寡妇）next door who yelled at my brother and me for being too loud, and the crazy old man in a black suit who drove an old car. In contrast to those people, the people I see today are very old neighbors who have seen better days. The man in the black suit says he wants to die, and another neighbor just sold his house and moved into a nursing home. The lady who used to yell at us is too tired to bother any more, and the couple across the street rarely go out to their front porch these days. It is difficult to watch these precious people as they near the end of their lives because at one time I thought they would live forever.

    The "comings and goings" of the younger generation of my street are now mostly "goings" as friends and peers move on. Once upon a time, my life and the lives of my peers revolved around home. The boundary of our world was the gutter at the end of the street. We got pleasure from playing night games or from a breathtaking ride on a tricycle. Things are different now, as my friends become adults and move on. Children who rode tricycles now drive cars. The kids who once played with me now have new interests and values as they go their separate ways. Some have gone away to college like me, a few got married, two went into the army, and one went to prison. Watching all these people grow up and go away makes me long for the good old days.

    Perhaps the biggest change on my street is the fact that the city is going to turn my precious hill into several lots for new homes. For sixteen years, the view out of my kitchen window has been a view of that hill. The hill was a fundamental part of my childhood life; it was the hub of social activity for the children of my street. We spent hours there building forts, sledding, and playing tag. The view out of my kitchen window now is very different; it is one of tractors and dump trucks tearing up the hill. When the hill goes, the neighborhood will not be the same. It is a piece of my childhood. It is a visual reminder of being a kid. Without the hill, my street will be just another pea in the pod.

    There was a time when my street was my world, and I thought my world would never change. But something happened. People grow up, and people grow old. Places changes, and with the change comes the heartache of knowing I can never go back to the times I loved. In a year or so, I will be gone just like many of my neighbors. I will always look back to my years as a child, but the place I remember will not be the silent street whose peace is interrupted by the sounds of construction. It will be the happy, noisy, somewhat strange, but wonderful street I knew as a child.

    For Canaan Elementary's second grade in Patchogue, N.Y., today is speech day, and right now it's Chris Palaez's turn. The 8-year-old is the joker of the class. With shining dark eyes, he seems like the kind of kid who would enjoy public speaking.

    But he's, nervous. "I'm here to tell you today why you should … should…"Chris trips on the "-ld," a pronunciation difficulty for many non-native English speakers. His teacher, Thomas Whaley, is next to him, whispering support."…Vote for …me …"Except for some stumbles, Chris is doing amazingly well. When he brings his speech to a nice conclusion, Whaley invites the rest of the class to praise him.

    A son of immigrants, Chris stared learning English a little over three years ago. Whaley recalls(回想起)how at the beginning of the year, when called upon to read, Chris would excuse himself to go to the bathroom.

    Learning English as a second language can be a painful experience. What you need is a great teacher who lets you make mistakes. "It takes a lot for any student," Whaley explains, "especially for a student who is learning English as their new language, to feel confident enough to say, 'I don't know, but I want to know.'"

    Whaley got the idea of this second-grade presidential campaign project when he asked the children one day to raise their hands if they thought they could never be a president. The answer broke his heart. Whaley says the project is about more than just learning to read and speak in public. He wants these kids to learn to boast(夸耀)about themselves.

    "Boasting about yourself, and your best qualities," Whaley says, "is very difficult for a child who came into the classroom not feeling confident."

High-Wire Act

    Mickey Wilson had been on the mountain only a few seconds when he heard the scream. Wilson, 28 years old, had just gotten off the cable car (索道缆车) at the Arapahoe Basin Ski Area in Keystone, Colorado, along with his friends Billy Simmons and Hans Mueller. Their friend Richard had been on the cable car ahead of them, but when the men reached the top of the lift, he had disappeared. The men walked toward the source of the scream and found skiers stopped on the slope, pointing to the cable car. And then the friends screamed too.

    "Oh, Richard!" yelled Mueller.

    When Richard had tried to jump off the cable car, his backpack had been caught in the chair, which then dragged him back down the hill. In the process, the backpack belt twisted around his neck, making him breathless. Now Richard's body was swinging four feet above the snow. The cable car operator had quickly stopped it, and the friends kicked off their skis and ran toward the scene. They made a human pyramid to try to reach Richard, but the unconscious man was too far off the ground. With the clock ticking, Wilson ran to the ladder of a nearby lift tower. Scared skiers watched as he struggled the 25 feet. After he reached the top, Wilson's first challenge was to climb onto the two-inch steel cable that held the chairs. He handled the balance and height bravely, but he knew he could not walk on the cable. Therefore, he calmed down and sat over it and then used his hands to pull himself to Richard quickly. Wilson's greatest fear wasn't that he'd fall, but that he wouldn't reach Richard. "This was life or death," he said.

    When he reached Richard's chair, Wilson swung a leg over the cable and attempted to drop down onto it. But as he did that, his jacket caught on the movable footrest, which was in the up position. The footrest began to slide down, with Wilson attached. But before that could happen, he managed to free himself and reached Richard.

    Fortunately, the ski patrol (巡查) had gathered below and performed emergency treatment on Richard, who had been hanging for about five minutes, then skied him down to an ambulance.

    That night, Richard called from the hospital to express his thanks to Wilson, his other friends and the workers at the Arapahoe Basin Ski Area.

How Do People Plan Their Life?

    The story of King Midas is not true. No man could really touch the things around him and make them turn to gold. It could be wonderful if we could turn things into gold as in the story. But the "magic touch" the life without work is seldom part of life in an everyday world.

    It costs money to do the things you want to do and to buy the things you want to buy. In order to give a present for a birthday you must first earn the money before you have any to spend. Your home your food and your clothes are basic needs. Everyone needs these three things. Many other things we want are really luxuries. Basic needs and luxuries together form our standard(标准)of living. Many of the things we feel we "need" in our homes would be regarded as luxuries to other people in other parts of the world.

    Have you ever helped plan a family budget(预算)?If you know you have to balance the whole money the family have earned you should pay for gas electricity water and your house. You should also plan for holidays and other special uses. At the same time you should have some of your money to be saved.

    How people earn their money and how they spend their money is an important aspect of the study of economics.