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#China ‘Taobao villages’ create more than 840,000 job opportunities

#China ‘Taobao villages’ create more than 840,000 job opportunities

| April 20, 2017 | 0 Comments

Thanks to the rapid development of China’s e-commerce industry, over 1,000 “Taobao villages” across the country are turning poor communities into huge online retail hubs, creating more than 840,000 job opportunities, writes Du Yifei. These villages are so-named because at least 10% of the population living in these rural communities makes its living by selling […]

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Chinese #smartphone company climbs technology ladder with self-developed chip

Chinese #smartphone company climbs technology ladder with self-developed chip

| April 20, 2017 | 0 Comments

Xiaomi, one of China’s leading smartphone manufacturers, released its first independently developed smartphone chip on Tuesday (18 April), making it the fourth cellphone company in the world that can independently develop processor after Apple, Samsung and Huawei, writes Liu Ningning. Pengpai S1, the fingernail-sized chip, cost Xiaomi over 1 billion yuan ($145 million) in research […]

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#China accelerates reform to boost senior service industry

#China accelerates reform to boost senior service industry

| April 19, 2017 | 0 Comments

China will mobilize social forces to participate in the development of elderly care industry, lower the institutional cost for entrepreneurship and create a fair development environment, according to a policy paper released by relevant Chinese authorities recently, writes Li Ning. The Notice on Accelerating the Reform on the Entry, Supervision and Service Level of the […]

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China’s #BikeSharing industry braces for explosive growth

China’s #BikeSharing industry braces for explosive growth

| April 19, 2017 | 0 Comments

China’s bike-sharing industry has embraced an explosive growth since last year. Data showed that by the end of last year, millions of bikes offered by over 20 bike-sharing companies have expanded their service to nearly 19 million users, writes Qiang Wei. The bike-sharing service enables users to find, unlock and pay to rent the bicycles through […]

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#China declares determination to eliminate ‘zombie companies’

#China declares determination to eliminate ‘zombie companies’

| April 10, 2017 | 0 Comments

Chinese President Xi Jinping reiterated on Tuesday (4 April) the central government’s determination to weed out “zombie companies” that have been holding back economic reforms, in a bid to move forward its plan to reduce excess industrial capacity, writes Huan Xiang. Xi made the comment at a meeting of the Central Leading Group on Finance […]

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Commentary: #China-#Finland ties to embark on new journey

Commentary: #China-#Finland ties to embark on new journey

| April 7, 2017 | 0 Comments

My first mobile phone was a Nokia, and so were the next couple of devices following it. Before the popularization of smartphones, I was always a fan of Nokia phones, whose ring tones still echo in my mind, writes Chinese Ambassador to Finland Chen Li, People’s Daily. At the end of 2016, I was assigned […]

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#China: ‘The Belt and Road’ to dominate agendas of China’s ‘two sessions’

#China: ‘The Belt and Road’ to dominate agendas of China’s ‘two sessions’

| March 31, 2017 | 0 Comments

China’s Belt and Road initiative is attracting more world attention as annual sessions of National People’s Congress (NPC) and Chinese People’s Political Consultative Conference (CPPCC), also referred to as the “two sessions,” are just around the corner, writes Jiang Bo from People’s Daily. Pakistani Ambassador to China Masood Khalid said he hopes the meetings will […]

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