The Chinese authorities have stepped up reform of the exchange rate formation mechanism this week to make it more market-oriented, which is in line with the currency reform road map the country embarked on 10 years ago.
The Ministry of Culture recently published a blacklist of online music and urged various websites to remove 120 songs, some by popular singers, from their platforms.
DURING A JULY INTERVIEW, broadcast at a forum in Northeast China's Heilongjiang Province on Sunday, former Japanese prime minister Yukio Hatoyama said, "as descendants we must apologize to the victims of the war, for so many innocent people were deprived of their lives by the Japanese troops, and we should directly express our genuine apologies". Comments:
THE DEVALUATION OF THE YUAN for the second consecutive day has attracted global attention, as the central parity rate of the yuan was reduced by 1.6 percent to 6.3306 against the US dollar on Wednesday, according to the China Foreign Exchange Trading System. Comments:
THE GENERAL OFFICE of the State Council recently issued a document, "Several Decisions on Further Promoting Tourism-related Investment and Consumption", which urges employers to make vacation schedules more flexible for employees.
China's contribution to the overall Allied victory during World War II is a topic that is gaining increasing historical attention in the West.
Japanese Prime Minister Shinzo Abe is expected to include two key words, "apology" and "aggression", in a speech he will deliver on Aug 14 to mark the 70th anniversary of the end of World War II, Japan's public broadcaster NHK said on Monday.
More and more people are opting for plastic surgery. Even many students, many of them in senior middle school in the summer vacation, are opting for it because they believe by "improving" their appearance they can increase their competitiveness in the job market.
Last week, Foreign Minister Wang Yi proposed three initiatives to maintain peace and stability in the South China Sea in a speech he delivered at the China-ASEAN Foreign Ministers' Meeting in Kuala Lumpur. His speech is of great importance for all the parties involved in disputes in the South China Sea and for resolving the disputes.
The Ministry of Civil Affairs and the Ministry of Finance announced on Monday that a lump-sum living subsidy of 5,000 yuan ($790) will be given to veterans who fought in the war against Japanese aggression.
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