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East Asia
“Giant Coal producer” Shanxi turns to green development
“What Shanxi impressed me most is, it used to have less than 1% of land-covered forests, but 50% of Shanxi’s land is covered by forests now!” Clemens von Goetze, German Ambassador to China said the above at a promotional event for Northern China’s Shanxi province, which was hosted at the…
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East Asia
China narrows trade surplus in 2018
China’s exports rose 7.1 percent year on year in 2018, while imports grew 12.9 percent, resulting in a substantially narrowed trade surplus, according to a statistical communique issued by the country’s National Bureau of Statistics (NBS) on Thursday （February 28th). The expert said that the country has opened wider to…
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East Asia
Chinese version of Nasdaq launched to reform capital market
China’s top securities regulator on Friday（March 1st）released regulations on the science and technology (sci-tech) innovation board, a major step the country takes to reform its capital market. The regulations, to be implemented on a trial basis, took effect on Friday, according to the China Securities Regulatory Commission (CSRC). The launch…
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East Asia
China’s carbon dioxide emissions shrink in 2018
China’s carbon dioxide emission per 10,000 yuan (nearly $1,500) of GDP declined 4 percent in 2018, according to the National Bureau of Statistics (NBS). The country’s total area of afforestation reached 7.07 million hectares last year, according to a communique on China’s economic and social development in 2018 published by…
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East Asia
US returns 361 pieces (sets) of cultural relics, artifacts to China
361 pieces (sets) of cultural relics and artifacts were returned to China by the US at a repatriation ceremony held in Indianapolis on Feb.28, local time. At the ceremony, representatives from China’s National Cultural Heritage Administration (SACH) and the US Federal Bureau of Investigation (FBI) signed and exchanged certificate of…
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East Asia
The opinion of Chinese diaspora can be heard in two sessions
At the opening ceremony of the annual session of China’s top political advisory body which will kick off on Sunday, attended by more than 2,000 national political advisors, there will be a special group of attendees who are not political advisors, but will sit at the front of the Great…
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East Asia
Shared kitchens become a new business model in China
In some Chinese cities, restaurants are working hard to satisfy the appetites of customers ordering food delivery through apps on their phones. That’s leading to a booming market for renting kitchen space, without tables, chairs or waiters. China’s take-out industry grew by more than 33 percent to 200 billion yuan…
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East Asia
Shanghai’s instant departure tax refund service lauded by overseas shoppers
The instant departure tax refund service introduced by Shanghai on a trial basis has won applause from the overseas tourists. “Tax can be refunded by stores in cash when shopping in Shanghai. The service is so nice,” lauded Japanese shopper Yanagi Soichiro, who is also the first beneficiary of the…
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East Asia
Hainan to phase out diesel, petrol vehicles
Hainan province in southern China will phase out sales of diesel and petrol vehicles as the province’s new regulations on air pollution come into effect on March 1, becoming the first Chinese province to do so. The province has also stepped up its efforts in promoting new-energy vehicles. The provincial…
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East Asia
First Du Fu poetry-themed KFC restaurant opens in Chengdu
A themed KFC restaurant featuring the poetry of Du Fu, a famous Chinese poet from the Tang Dynasty, was unveiled on Feb. 27 in Chengdu, capital of southwestern China’s Sichuan Province, scol.com.cn reported on Feb. 27. The new restaurant has opened thanks to cooperation between KFC and the Du Fu…
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