Advanced Placement, a program in the United States and Canada that offers college-level curricula and exams to high school students, is becoming increasingly popular in China.
According to research by the education program AP China, students holding foreign passports at international schools in China perform best in most of the 21 AP subjects surveyed, especially in psychology, US history, world history and the two basic calculus courses.
US beverage giant PepsiCo will donate $3 million to the School of Economics and Management at Tsinghua University to support the training of future business leaders.
More top international schools have branched out to Shanghai in recent years, a move educators believe will help drive the city's education reform.
Private investors will be given wider access to infrastructure construction projects under public-private partnerships as the country seeks to shore up the economic slowdown to counter a housing market downturn.
The website of China Railway Customer Service Center, www.12306.cn, can automatically sell lower bunk train tickets to people aged 60 or over thanks to a recent improvement in its online ticketing system. The system will do so if there are enough tickets left in the system. Also, the system sells adjacent seats to people who travel together.
"It's not the case that the lower the price of public resources, the better. No city can operate the subway system by merely relying on financial subsidies. The subway network in Beijing is expanding tremendously, and this momentum cannot be sustained if the price of subway tickets stays at the current low level."
A Chongqing University alumnus donated 300 million yuan ($49 million) to build an information center on the university's campus.
Photo: A worker shows a shoe-shaped pencil holder made from walnut shells at an arts and crafts factory in Lin'an, Zhejiang province, on Thursday. The factory uses the shells to make items such as massage cushions, car accessories, slippers and pencil holders, which have become popular among overseas consumers.
Pakistani Minister of Finance and Revenue Mohammad Ishaq Dar lauded a China-led funding initiative as "historic", as Beijing gathered together 20 regional members to build a bank to fund infrastructure projects in Asia.
President Xi Jinping proposes establishing an Asian Infrastructure Investment Bank to promote economic integration in the region on a visit to Indonesia. He said Beijing was ready to offer financial support for infrastructure projects in developing countries in the region, including members of the Association of Southeast Asian Nations.
Founded in 1944 at the Bretton Woods Conference as Allied victory in WWII looked increasingly certain, the World Bank is a UN financial institution that gives loans to countries for projects.
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Raymond Zhou
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