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East Asia
China’s box office sets new world record in Feb
China’s box office set a single-month record in a single market this February. According to data from China Movie Data Information Network, Chinese mainland’s box office stood at 11 billion yuan ($1.64 billion) last month, up from 10.1 billion yuan a year before. The Chinese mainland has become the first…
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East Asia
China to include more life-saving drugs into medical insurance reimbursement
China will allow inclusion of more medicines for serious diseases in the list of medical insurance reimbursement this year by optimizing the medical insurance catalogs, an official with China’s medical authority said on March 3. The move aims to further expand the public’s access to drugs and ease their financial…
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East Asia
China takes measures to stabilize employment
China is still facing large employment pressure as over 15 million new members of the labor force are flocking in urban areas this year. In front of the double threats of the complex international situation and the downward pressure on the domestic economy, how to better guarantee and facilitate employment…
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East Asia
China speeds up legislation on AI
China is hastening legislation related to artificial intelligence (AI), move insiders said would help regulate the AI industry and assist China to compete in the high technology field with others in the international arena. Zhang Yesui, spokesperson for the second session of the 13th National People’s Congress (NPC), said at…
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East Asia
China ramps up efforts to optimize legislation of foreign investment
China is hastening efforts to optimize legislation related to foreign investment, in order to attract more overseas investment, better protect the legitimate rights and interests of involved investors, and provide them with the more favorable business environment. China’s top legislature will deliberate and vote on the updated draft of the…
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East Asia
Chinese make over 400 million trips by rail during Spring Festival By Li Xinyi, People’s Daily
China’s 40-day Spring Festival travel rush, which came to an end on March 1, , with the passengers traveling by rail exceeding 400 million for the first time, according to official data. From Jan.21 to March 1, the passengers traveling by rail increased by 6.7 percent year on year to…
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East Asia
China’s aging population a new gold mine for economy
As a manager of the Shaanxi China Travel Service Company, based in Xi’an, Northwest China’s Shaanxi Province, Zhou Jincan has been busy accepting customers after the Spring Festival, as a series of travel packages were introduced specifically to the elderly travelers. “Elderly-care tourism has become a trend in recent years…
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East Asia
China to establish e-sports commission for better industrial management
The Internet Society of China (ISC) announced that it will establish an e-sports commission at a meeting held at Tsinghua University on March 2. The tasks of the e-sports commission were detailed at the meeting, which was held together with an e-sports summit themed with “e-sports and smart economy. The…
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East Asia
Outlined 2019 Report on Government Work
Chinese Premier Li Keqiang delivered the Report on the Work of the Government on March 5 at the Second Session of the 13th National People’s Congress of the People’s Republic of China. Achievements in 2018 According to the report, the main economic indicators of China were kept within an…
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East Asia
China opens its first Mars simulation base in Qinghai Province
China has opened its first Mars simulation base to the public to encourage young people to get involved in space exploration. The Mars simulation base, which opened last Friday, is located in Mangya city, Haixi Mongolian and Tibetan Autonomous Prefecture in Northwest China’s Qinghai Province. The red rock area in the…
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