CEO hopes to boost firm's profits by tapping overseas 4G markets
System will lead to an improved market environment for shoppers
Geely Automobile Holdings Ltd, whose parent owns Volvo Cars, said on Tuesday that it will go back to a single-brand strategy, meaning that all of its sub-brands - including Emgrand, Gleagle and Englon - may vanish from the market.
Although China's nascent online finance industry has some very vocal critics, others see the sector as an agent of change that will bring higher interest rates for depositors and additional financing for struggling small and medium-sized enterprises.
A senior Tibet tourism official and legislator is proposing to the country's top legislative conference to open three duty-free shops in the autonomous region and encourage domestic and overseas investments to create a "world tourism destination".
The second session of the Chinese People's Political Consultative Conference's 12th National Committee, has got off to a quick start.
The second session of the 12th National Committee of the Chinese People's Political Consultative Conference opened in Beijing on Monday.
Political advisers at the two sessions have urged legislators to repeal the law that identifies sex with an underage prostitute as a crime, claiming that such crimes should be treated in the same way as the rape of a child, and punished accordingly.
A blacklist of people who refuse to honor court-ordered payments and who have failed to comply with rulings has met with great success and will be broadened this year, according to China's top court.
Deputies to the National People's Congress said more measures will be taken to tighten security in Yunnan province after the terrorist attack in Kunming, the provincial capital, on Saturday night.
The events of Saturday night in Kunming are deeply engraved in the mind of Xie Qiming, who narrowly escaped death in the terrorist attack at the city's railway station.
Major cities around China have ramped up police patrols in the wake of the terrorist attack at Kunming Railway Station in Yunnan province that left 29 people dead.
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