Last month, the central government issued a guideline on

promoting the application of e-buses, by supporting technology innovation, improving fiscal and taxation policies, enhancing infrastructure construction, as well as reinforcing fund supervision. “It is estimated that in the future, China’s e-bus market will transform to a more market-driven pattern, instead of policy-driv en. The market will shift from an incremental market to a stock market, maintaining steady growth,” he […]

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hina has a large youth population, with more than 248 mil

Despite a busy schedule, Xi still tries to find time to interact with children. He has extended greetings to children nationwide every International Children‘s Day since he became president in 2013, showing his care for their growth and his hope for them to carry on endeavors to realize the nation’s dreams. International Children’s Day falls on June 1 every year. […]

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employment market, based on big data of online recruit

 this year was 1.68, down from 1.91 in the first quarter of 2018. Although the figure was above 1, the balance line, it was the first decline since the beginning of 2018. About 8.34 million new college graduates and 2 million migrant workers are expected to enter the job market this year. Added to the list of job seekers woul […]

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China is the world’s largest producer of rare earths, acco

counting for about 80 percent of global supply. However, the country’s rare-earth industry is faced with such pro blems as rapidly decreasing inventory, inefficient production and environmental pollution. Analysts also said that the low prices of China’s exports have failed to reflect the real value of the precious resource. The division of labor of the global rare-earth industry should be […]

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On behalf of our hundreds of millions of footwear cons

sumers and hundreds of thousands of employees, we ask that you im mediately stop this action to increase their tax burden,” the group said. The group’s reasoning echoes an earlier comment from David French, senior vice-president for government relations at the Nat ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.” About 99 percent […]

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producers or US-based designers. For example, China ma

akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US. It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye ars ago. But it does mean that these low-skilled, labor-intensive industries will be […]

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Government pledges more red tape cuts of items requiri

China will further cut the number of items requiring certificatio n and refine the procedures through institutional inno vation to improve government services and foster a more enabling business environment. The decision was made at the State Council’s executive meeting, chaired by Premier Li Keqiang on Sunday. Participants at the meeting agreed that the government’s efforts in recent years to […]

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hina’s growth a source of hope for allong proclaimi

With Chairman Mao Zedong proclaiming the founding of the People’s Republic of China on Oct 1, 1949, the Chinese people began leaving behind a century of colonial humiliation and building a new life. What remains poorly understood by the wider world even seven decades later is how dire were the conditions in China during those days. While China sustained its […]

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Venezuela’s ANC president calls for defending govt

Venezuela’s National Constituent Assembly (ANC) President Diosdado Cabello called on the Venezuelan people to “d efend” the government of President Nicolas Maduro on Tuesday before the alleged coup occurred earlier. “We invite all the people of Caracas, come to the Miraflores Palace (seat of government) immediately,” said Cabello. Speaking to the television station VTV, Cabello said that from the “first […]

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i also called for the two countries to further enhance

exchanges between their legislatures, political parties, youth, think tanks, media and local authorities to cement their people’s support for friendly bilateral ties. Bhandari said the joint building of the Belt and Road is a historic initiative and has an important global influence. The initiative has served as a good platform for Nepal-China cooperation, she said. The Nepali president expressed her […]

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