The central authorities recently emphasized the need to promote innovation and encourage entrepreneurship. They also listed detailed policy support for emerging small-and medium-sized enterprises, such as rent subsidies and broadband access, as well as simplified administrative approval procedures. Comments:
The United States' leading toothpaste producer Crest received a record fine of 6.03 million yuan ($978,000) on Monday, for a deceptive advertisement that exaggerates the whitening effect of one of its products, according to the Shanghai Administration for Industry and Commerce. Comments:
President Xi Jinping's Silk Road Economic Belt and 21st Century Maritime Silk Road initiatives have attracted worldwide attention with some experts and media outlets calling them China's version of the Marshall Plan. The "Belt and Road Initiatives", however, are drastically different from the Marshall Plan.
In 2009, China launched its healthcare reform, This is often considered one of the world's greatest social projects, given its broad coverage of more than 1.3 billion people and dedicated investment of over half a trillion US dollars. It has made major achievements, but there are still many challenges that need to be overcome.
Despite the easing of the family planning policy last year that allows couples where either party is a single child to have two children, many scholars are advocating that China should relax the family planning policy further. And since the number of families applying to have a second child under the recent reform has not been as high as expected, they argue preferential policies are needed to encourage families to have a second child. Last month, Mei Zhiqiang, a political advisor to Shanxi provincial committee, went even so far as to suggest that China should make it compulsory for every family to have two children.
The Korean Peninsula is witnessing what has become an annual tit-for-tat drama. Ignoring the vehement protests of the Democratic People's Republic of Korea, the United States and the Republic of Korea started their joint military drills, codenamed "Key Resolve" and "Foal Eagle", on March 2. While Washington and Seoul insist the exercises are defensive and non-provocative in nature, Pyongyang says they are "dangerous nuclear war drills ... (aimed at) invading the DPRK".
Thanks to a strong wind from Sunday on, clear blue sky appeared on Monday after heavy smog had shrouded Beijing for two days.
With German Chancellor Angela Merkel kicking off a working visit to Japan on Monday, Tokyo would not be its opportunistic self if it did not try to turn Berlin into a cheerleader for its bid to be a "normal country".
UPON ATTENDING THE PANEL DISCUSSION of the Jiangxi provincial delegation at the ongoing session of the National People's Congress, China's top legislature, and hearing they achieved satisfactory economic results last year, top leader Xi Jinping noted that the anti-corruption campaign is a boost to sustainable economic prosperity instead of a drag on development. Comments:
MINISTER OF EDUCATION YUAN GUIREN said in a recent interview that all national-level bonus marks for the annual National College Entrance Exam, or gaokao, will be cancelled in 2015, while over 60 percent of the province-level bonuses will be cut. Bonus marks for students with special abilities, such as sporting prowess, have long been criticized for being unfair. Comments:
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