Red envelopes containing cash, or hongbao, which are given as gifts during Spring Festival, are set to get fatter this year with a growing number of Chinese people willing to loosen purse strings amid confidence that the nation's economic growth will remain stable for the full year, a survey said on Thursday.
The State-owned Assets Supervision and Administration Commission plans to push ahead with the reform of State assets this year, China Securities Journal reported on Friday.
Three days into the 2015 Spring Festival Transport Season, millions of college students and migrant laborers have hit the roads heading home.
Celebrities should focus their energy on the creation of valuable cultural and artistic works rather than use their status to pursue commercial interests or illegal gains, says a People's Daily article.
WU XIANG, A LAWYER and member of the Chinese People's Political Consultative Conference Guangzhou municipal committee, urged the local Party chief and mayor to disclose the property they own so as to propel a property disclosure system for officials. The move aroused nationwide discussion because such an initiative first emerged two decades ago, yet hardly any progress has been made. Comments:
THE PEOPLE'S BANK OF CHINA ON WEDNESDAY announced it was reducing the reserve requirement ratio by 0.5 percentage points for financial institutions, with additional measures for special policy banks, in order to support their ability to adjust their structure. Comments:
ON WEDNESDAY, the Supreme People's Court issued a new judicial explanation, which confirms that electronic information such as e-mails, blog articles and online chat records can be used as evidences in civil lawsuits. Comments:
The debate about genetically modified food in China has divided opinion. Anti-GM activists resolutely oppose GM food.
Many expect the draft of the new Foreign Investment Law, released by the Ministry of Commerce on Jan 19, to remove major barriers for foreign investors granting them easier access to the Chinese market. In this context, institutional innovations in the draft to improve foreign investment in the country are worth noting.
The opening of China's first laboratory for level-4 pathogens (or P4) in Wuhan, Central China's Hubei province, recently is seen as a great achievement for the country. P4 refers to microbiology laboratory safety procedures to handle level-4 pathogens, that is, the most virulent viruses that have a high risk of person-to-person infection, of which Ebola is one.
The Human Rights Watch annual report misinterprets the Chinese government's supportive policies in the Tibet autonomous region as acts to pauperize the Tibetan people by making them dependent on State subsidies. In fact, those who prepared the report have deliberately overlooked that the Chinese government's program has improved public services, including medical care and elder care, and alleviated poverty and created jobs in the region.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
