ent in emerging infrastructure, especially in 5G and industrial internet infrastructure, in which there is much room for investment. Li Bo, vice chairman of the All-China Federation of Returned Overseas Chinese The core of securities regulation is information disclosure, rather than letting the government decide or mainta in stock indices at certain levels. Therefore it is essential to introduce registration-based IPO system reform more quickly and comprehensively. Moreover, reform to the social security system for seniors should be swiftly enacted. If we want to increase the weight of l ong-term stable institutional investors in the A-share market, reform to the social security system for retireesRead More →

sales reached an all-time high of 9.47 billion yuan ($1.397 billion) and a net profit of 1.10 billion yuan in 2010, according to the company’s financial reports. At this key point, Li-Ning took ai m at China’s Post-1990 demographic by changing its decade-old slogan “Anything is Possible” to “Make the Change.” Ho wever, this move didn’t strike the chord the company wanted for its rebranding. Li-Ning lost older customers, but failed to immediately gain younger customers. In 2012, losses for the company reached 1.97 billion yuan. Realizing its mistake, the company began reusing the old slogan in 2015, which is also the first year itRead More →

older Chinese brands, who began seeking ways to reignite their dying brands. For instance, in Se ptember 2018, candy company White Rabbit and time-honored Shanghai cosmetic brand Maxam teamed up to produce a lipstick that looked and tasted like traditional milk candy. According to Maxam’s official website, the first batch of this lipstick, 960 in all, sold out in just two seconds on online retailer T-Mall. Another example of an unusual alliance was that between bug repellent maker Liushen and Rio cocktail. In the summer of 2018, these two companies co-produced a special cocktail drink, the gre en color of which reminded consumers of Liushen’sRead More →

Li Rui, former deputy head of the Organization Department of the Communist Party of China (CPC) Central Committee, died i n Beijing on Saturday. His death grabbed the headlines in many Western media outlets. A report by The New York Times called Li “standard-bea rer for liberal values in China.” But how to evaluate him divided online public opinion in China. Li lived for 101 years. His long life span contributed to his influence. Li’s life was a bumpy ride. He experienced almost all historic events such as the Yan’ an Rectification campaign, and himself became the subject of several political movements. Li was imprisonedRead More →

The upcoming general elections are posing quite a challenge to Indian Prime Minister Narendra Modi and the situation is looking so tough that the ruling B haratiya Janata Party (BJP) is raising just every possible issue which it thinks could work in its favor as the vote is about 60 days away. As a last resort, the BJP is now trying hard to make an election issue of Congress chief Rahul Gandhi’s reported meeting with some Chinese ministers and officials during his religious trip to Kailash Mansarovar. Addressing a rally in the eastern Indi an state of Odisha, Gandhi had cited his recent meeting withRead More →

ina is racing to the forefront of the global artificial intelligence sector, with six domestic companies earning their place on a recent list of the top 100 AI startups in the world. Released by venture capital database CB Insights, the list includes 23 startups headquartered ou tside the United States, including six each from China, Israel and the United Kingdom. Chinese companies SenseTime, YITU Technology, 4Paradigm, Face++, Momenta and Horizon Robotics made it onto the list. CB Insights reported Chinese startups SenseTime and Face++, which focus on facial recognitio n technologies, are the best-funded companies, followed by California-based tech company Zymergen. A total of 11Read More →

Hohhot, capital of North China’s Inner Mongolia autonomous region has seen an influx of foreign residents over the past few years. Traditionally, megacities such as Beijing and Shanghai have been popular with expats, but many are now choosing lesser known cities such as Hohhot. Thanks to the city’s rapid economic growth, Hohhot is increasingly seen as an exciting place to live and work. “I have lived here for nearly 14 years; I love everything here,” said Vincent, an expat from the Philippines. Vincent came to Hohhot in 2006 to work as a foreign language teacher. S ince then, he has learnt to speak fluent ChineseRead More →

During this year’s Spring Rush (or chunyun), which started on Jan 21 and will end on March 1, Chinese people are expected to make about 2.99 billion trips. Th is is equivalent to relocating the entire population of Africa, Europe, the Americas and Oceania in 40 days. That China successfully manages the largest mass migration in the world shows the Chinese e conomy remains vibrant and the country is moving toward overall prosperity. According to statistics from relevant de partments, China’s total passenger transport capacity, including the railways, waterways and civil a viation, during the 2019 chunyun is expected to increase by more than 5Read More →

ted Nations Security Council (UNSC) draft resolution supporting dialogue in Venezuela, contrary to a US proposal that paves the way for an invasion. On Jan 23, the Trump administration recognized Venezuelan opposition leader Juan Guaido as the nation’s “interim pre sident,” a move that came after Maduro was inaugurated as president of the Latin American country earlier that month. US President Trump has also warned that “all options are on the table” regarding Venezuela. On Feb 1, the Trump administration announced that the United States is withdrawing fro m the INF Treaty with Russia within six months, starting from Feb 2. In response, Russian PresidentRead More →

Deng Xia, a fan of Huagu (“flowery drum”) Opera, a local art form of Yueyang in Central China’s Hunan province, barely misses such shows at the One Yuan Theater. “It has enriched the cultural life of residents like me,” Deng, 35, says. “In the past, we could appreciate the Huagu Opera, mostly during important festivals such as Lunar New Year, but now we can watch it often.” The One Yuan Theater, located in Rongjiawan town of Yueyang, has staged 30 to 50 Huag u Opera shows annually since 2012, with the audience numbers for each show sometimes touching 1,000. “Some people bring along stools orRead More →