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East Asia
Lotte Duty Free enters Australian, New Zealand markets
Lotte Duty Free said Monday that it has opened stores in Australia and New Zealand, making it the first South Korean duty-free operator to make inroads into the Oceanian region. A ceremony to mark the opening of the tax-exempted retail outlet at Brisbane International Airport was held on Monday (local…
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East Asia
South Korea: gov’t to foster drone experts for various tasks
South Korea’s transport ministry on Monday announced plans to foster some 300 experts on drones to better utilize unmanned aerial vehicles for various public projects, ranging from environmental protection to defense. The Ministry of Land, Infrastructure, and Transport said it joined forces with the Korea Transportation Safety Authority to expand…
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East Asia
Yungang Grottoes asks the world for official logo design
Administrators of the Yungang Grottoes, located 16 kilometers west of Datong, north China’s Shanxi Province, recently launched a global competition to design a new official logo, according to the Yungang Grottoes Research Institute, Chinanews.com reported on March 12. With more than 51,000 Buddhist statues of various sizes in 45 existing…
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East Asia
China to further enhance IPR protection
China is exploring the establishment of overseas assistance centers for Intellectual Property Rights (IPR) protection, in a bid to ensure that its IP can be effectively protected abroad, head of the State Intellectual Property Office Shen Changyu said on March 12. Shen introduced a package of measures the office will…
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East Asia
Autonomous prefecture in SW China sees bright future in poverty alleviation
Thanks to China’s efforts in poverty alleviation, Liangshan Yi Autonomous Prefecture in southwest China’s Sichuan province is gradually shaking off poverty and embracing a brighter future. Ge Fu’neng, deputy to the 13th National People’s Congress (NPC) well elaborated on the improved livelihood of the people there by sharing a photo…
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East Asia
Op-ed: Reform helps China renew economic miracle
The economic growth target set by China, its declaration to further relax controls over market access, and a series of new moves to deepen reforms have made headlines of foreign media after the government work report was delivered to the annual legislative session on March 5. The topics they covered…
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East Asia
Leaders of Chinese IT giants call for accelerated digital transformation of real economy
Many of the leaders of China’s tech giants have offered policy suggestions during the ongoing “two sessions” in Beijing. The proposals are mainly about how to support the development of the real economy through the internet. These lawmakers and political advisors gathered in Beijing for the 13th National People’s Congress…
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East Asia
Expanded opening up prospers China’s border trade
The prospering border trade of China is a reflection of the great vitality of the country’s opening up, as China has just celebrated the 40th anniversary of reform and opening up at the end of last year. The convenient custom clearance services at ports in Heilongjiang province and Guangxi Zhuang…
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East Asia
China to offer more financial support for micro, small enterprises
Financial support for micro and small, as well as private enterprises is the most important part of supply-side structural reform in the financial sector, according to Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC). Guo made the remarks when giving an interview after the opening meeting…
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East Asia
China to cut mobile internet rates by over 20 percent this year: minister
The average rates for mobile internet services in China will be further reduced by more than 20 percent this year to better meet the growing consumption demands of the people, said Miao Wei, Minister of Industry and Information Technology. Miao made the remarks during an interview after the opening meeting…
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