E-commerce changes life in rural China
E-commerce is helping revitalize China’s rural areas and improve people’s lives. It has also emerged as a new growth driver for consumer spending in the country. One example of this is in Guangshan County, in mountainous part of central China’s Henan province, and a famously impoverished site. In 2014, it began vigorously promoting e-commerce and […]
19th CPC National Congress to have profound influence on world
A former French prime minister said the 19th National Congress of Communist Party of China (CPC)will have a profound influence on the world. “It is going to be a very important meeting, and China is a country of great significance,” Jean-Pierre Raffarin said in an interview with People’s Daily, adding that the significant meeting should […]
551 female delegates to contribute political wisdom at upcoming CPC National Congress
A total of 551 female delegates have been elected to the 19th National Congress of the Communist Party of China (CPC) to be started on October 18th in Beijing, accounting for 24.1% of the total 2,287 representatives. The ratio is 1.1 percentage points higher than the figure 5 years ago when the CPC held its […]
IMF Chief: “Next Zuckerberg might come from China”
The sun is shining a lot better and under broad basis, that means the economy is recovery, IMF Managing Director Christine Lagarde said during IMF/World Bank annual meetings in Washington D.C. “The finance ministers and the leaders should inspect the roof now, because it’s much easier to fix the roof when the sun is shining,” […]
Future cloud computing will be a game between China, US: Alibaba
The global cloud computing sector in the future will be a game between China and the US, a chief of Chinese internet giant Alibaba said Thursday at a conference. In the next 6 to 12 months, Alibaba Cloud, the subsidiary of Alibaba Group, will face the same difficulties and challenges its American counterparts have encountered, […]
China’s efforts on IP protection visualizes bright future for foreign companies
Not long ago, the US chipmaker Qualcomm Inc set up a joint venture with an initial 1.85 billion yuan (280 million U.S.dollars), in Guizhou Province in southwest China, partnering with the provincial government for the design, development and sale of advanced server chipset technology. Now its Senior Vice-president Mark Snyder, has remarked, “We have seen […]
Forbidden City closes down ticket windows after 92 years, only to sell tickets online
One of the most tourism sites in China, the Palace Museum, or Forbidden City will close its ticket windows, and all 80,000 tickets will be sold only online from Tuesday. Visitors can log onto the official website of the museum or scan the QR code for a ticket, which means the scenario of massive visitors […]
Chinese fever indicates bullish bet on China’s future development
Kensington Wade, the first dual language English-Chinese prep school in Europe, recently opened in London. Epitomizing “Chinese fever” among people around the world, it indicates their bullish bet on China’s future development. The school aroused wide media attention after enrollment of its first 15 pupils from Europe, the US and South America. Pupils will spend […]
China’s Engel’s coefficient close to UN well-off line
China’s Engel’s coefficient, which measures food expenditure as a proportion of total household spending, has approached the well-off line set by the UN, and such changes have even benefited the European market. China’s Engel’s coefficient in 2016 stood at 30.1%, close to the well-off line of 20 to 30 percent set by the UN, said […]
Military standoff between India and China at Doklam Plateau
On July 2015, Indian member of Parliament Shashi Tharoor, speaking at the Oxford Union Debate, made pertinent comments regarding the British. Making references to a common phrase used to illustrate the sheer extent of Britain’s power in the 18th, 19th and 20th centuries, he said, “No wonder that the sun never set on the British […]
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