The State Council, China's Cabinet, has taken another major step toward linking the stock markets of the mainland and Hong Kong by approving a plan to link trading between the Shenzhen stock exchange and that in the special administrative region.
THE WORLD'S FIRST quantum communication experimental satellite was successfully launched into space on Tuesday from Jiuquan in Northwest China's Gansu province. Beijing Youth Daily commented:
ANY PASSENGER twice caught violating the smoking ban on high-speed trains will be forbidden from purchasing tickets, according to a new regulation introduced by China Railway Corp that came into effect on Monday. Beijing Youth Daily commented on Wednesday:
THE GOVERNMENT is paying China's gold medal winners at the Rio Olympics 200,000 yuan ($30,159), less than half the 500,000 yuan it paid the country's gold medal winners at the 2012 London Olympics. Beijing News commented on Wednesday:
A backload of issues will be addressed at next month's G20 Leaders' Summit in Hangzhou, East China's Zhejiang province. At a time when the world economy is struggling to recover from global financial crisis, still showing a low growth trajectory and high unemployment, the G20 is striving to turn itself from immediate crisis management to a mechanism for establishing long term governance strategies for better macroeconomic coordination and cooperation to prevent future crises.
Some people suppose industrial upgrading means waning demand for "low-end" workforce, and therefore urban areas should restrict the inflow of "low-end" workers by implementing a stricter household registration policy. This is a big misunderstanding.
Last week, the Australian government blocked State Grid Corporation of China and Cheung Kong Infrastructure Group's bid to lease Ausgrid, a major New South Wales state power grid, on national security grounds. The two Chinese companies had bid $7.7 billion to lease the grid for 99 years.
Shaukat Aziz, former prime minister of Pakistan and an expert on global finance, shared his views with China Daily's Wang Yiqing on the future of the Chinese economy and Sino-Pakistani cooperation in the Belt and Road Initiative. Following are excerpts from the interview:
After all the recent hoopla over the disputes in the South China Sea, an obvious priority for the region has been de-escalating tensions and finding ways to prevent or manage potential crises.
In its initial promotion of the Trans-Pacific Partnership, the administration of US President Barack Obama claimed that, once clinched, the agreement will not only remove various trade barriers among member states, it will also promote the protection of labor rights, the environment and intellectual property.
OFFICIAL DATA show that in six provinces the social security paid by the working population is not enough to support the payments for retirees. Beijing News comments:
THE OWNER of a construction company in Malong county in Southwest China's Yunnan province, walked through six provinces protesting that the local government owes him 3.3 million yuan ($497,000) for constructing a school. He was given 10 days in detention by local police for "defaming" the Malong government and "severely disturbing the public order". Beijing News commented on Tuesday:
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