Insurance and Housing Funds are a key element of the social security system to Chinese people. A standardized social insurance system provides a more stable, satisfactory life. Over the past five years, medical social security has seen the biggest increase in enrollees.?
Politics Oct 14, 2017
According to a reporter from Forbes on September 12, “A global power shift in the technology sector is underway… China has moved from imitator to innovator, and in the new era of fintech, biotech and machine learning, I expect it to take a global leading role.”
China & The World Economy STAFF REPORTERS Oct 13, 2017
Since the global financial crisis and the?economic crisis in 2008, China’s economy has undergone a significant change. How we should perceive these new features and?drive these new patterns of development are two vital questions that China now faces.
China & The World Economy ECONOMY WATCH Politics Science & Technology Oct 12, 2017
Since the 18th National Congress of the CPC in 2012, the Central Committee of the Party with Secretary General Xi Jinping as core has made great achievements in deepening the comprehensive reforms and building up a high standard open economy.
China & The World Economy Oct 10, 2017
The past 5 years has witnessed the historical rise of Chinese economy as the largest powerhouse driving the world economy forward. The Chinese economy entered the New Normal in 2012. Although there has been no longer two-digit growth, it has still experienced a medium-high growth rate with a better, cleaner and higher-end technology quality.
columnists Economy Oct 9, 2017
Since the reform and opening up, generations of China’s best entrepreneurs have flourished in both internal and external markets through fierce competition, and have made a great contribution to China’s economic and social development. The fostering of entrepreneurial spirit will encourage the entrepreneurs to make even greater contributions and will also bring greater individual vitality.
ECONOMY WATCH Politics Sep 30, 2017
Dominica was hit by the category-5 Hurricane Maria on 18th?September. The disaster has paralyzed local transport and communications, and more than 400 employees of local Chinese companies and overseas Chinese were trapped on the island.
China & The World Sep 28, 2017
Singapore’s Prime Minister Lee Hsien Loong paid an official visit to China on Sept. 19.
According to Singapore media, Lee’s visit to China is not only significant, but its timing merits careful attention. He had previously declared that he would visit the United States in October to hold talks with U.S. President Donald Trump in the White House. What is the significance of this sudden visit to China before his visit to U.S?
The People’s Bank of China (PBOC) announced in early September that virtual currencies such as Bitcoin were suspected of supporting criminal activities such as illegal fund-raising, financial fraud and pyramid schemes, and implemented an immediate halt to their use. In response, the three biggest Bitcoin exchange platforms in China, BTC China, Huobi.com and OKCoin, have announced that they will stop all trading by the end of September.
Politics Sep 25, 2017
On Sept. 8, China’s e-commerce giant Alibaba Group celebrated its 18th anniversary in Hangzhou, capital of east China’s Zhejiang Province.
Around 40,000 Alibaba employees from dozens of countries and regions attended the party. Employees and executives enjoyed the event together. Jack Ma, Chairman of Alibaba, even performed a classic Michael Jackson dance together with some of the other business partners.
The sixth nuclear test conducted by the Democratic People’s Republic of Korea (DPRK) took place several days ago. Strong?repercussions across the international community are still on the rise.
On Sept. 3, the DPRK Sunday detonated a hydrogen bomb that could be carried by an intercontinental ballistic missile (ICBM).
The test, which has been widely denounced, has further aggravated the sensitive and complicated confrontation on the Korean Peninsula.
After lengthy discussions between the BRICS countries and the five invited countries, the BRICS summit has come to an end. In the forum venue，numerous journalists are busy sorting through documents and reviewing the thoughts and ideas that have been discussed during the meeting. Among this huge group are a special team， they all come from non-BRICS countries – countries that are not even part of the “BRICS-Plus” grouping.
China & The World Sep 12, 2017