Charity law to encourage 'bigger philanthropy' to benefit society

LI JIANGUO, vice chairman of National People's Congress Standing Committee, introduced the draft of China's first charity law to the national legislature on Wednesday. The draft marks a significant development of philanthropy in China as it provides stipulations on how charities should be registered and operate, People Daily said on Thursday:

Are we prepared for the rise of artificial intelligence?

ON THURSDAY, Lee Se-dol, one of the world's leading Go players from South Korea, was beaten again by AlphaGo, an artificial intelligence program developed by Google's artificial intelligence subsidiary DeepMind, in the second of their five games in Seoul.

Still on track for further opening-up

THE DRAFT OF China's 13th Five-Year Plan (2016-20) shows policymakers' resolve to stick to the path of making the economy more modern and open.

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New economy

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Xi sends clear signals via talk to entrepreneurs

The publishing of a talk President Xi Jinping had with some private entrepreneurs last week is a move with many levels of significance.

Overreaction to Taipei rail proposal

The proposed construction of high-speed railway linking Beijing and Taipei, revealed in the draft outline of the 13th Five-Year Plan (2016-20), if implemented, would mark a positive step toward promoting broader traffic and economic links between the mainland and Taiwan.

Multiple measures required to counter US sanctions against Chinese businesses

CHINA HAS expressed its strong dissatisfaction and resolute opposition to the US sanctions on ZTE Corp, one of its largest telecommunications equipment makers. The US Commerce Department on Monday banned US suppliers from selling components to ZTE, claiming the company "illicitly exported" controlled items to Iran in contravention of US law. Global Times on Wednesday said China needs to better protect the legal interests of its enterprises:

Consumption tax prompts overseas buying

ACCORDING TO the Ministry of Commerce, Chinese consumption overseas grew by 27.8 percent each year on average between 2005 and 2015. The enthusiasm for shopping overseas will remain high unless there is a decrease in consumption tax, said the Shanghai-based thepaper.cn on Wednesday:

Money at heart of audition for companions

AROUND 300 single women in Chengdu, capital of Sichuan, China's southwestern province, participated in an audition on Tuesday that was tailor-made for a bunch of bachelors reportedly with assets of over 50 million yuan ($8 million). Twelve women were selected to accompany the bachelors on a trip to Dubai in West Asia in June. The organizer plans to stage similar auditions in another 30 cities. Jschina.com.cn commented on Wednesday:

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Mistake-tolerant mechanism

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