Beijing residents now have to get new license plates for cars through a lottery thanks to the excessive demand and limited supply. But will you believe that one also has to get a chance to compete in a coveted marathon race through a draw of lots?
China adjusted the tax structure for retail goods imported by e-commerce companies from April 8, replacing the luggage and postal taxes with added-value tax, consumption tax and customs duty. The tax on foreign infant formula and paper diapers, for example, will increase by about 12 percent, and that on golf equipment and luxury watches will become twice as high.
An ancestral temple is a place that records the lineage of a family. It is also a physical embodiment of the family's financial strength and social influence.
Beijing reaffirmed that its relationship with Seoul is a priority in China's neighborhood diplomacy and called for both countries to respect each other's sovereignty, security and development interests, amid concern that the US' possible deployment of missiles in the Republic of Korea may spark tensions.
China and the United States pledged on Thursday to step up their cooperation in nuclear security.
China's top legislature is studying a possible new law aimed at ensuring the safety of the nuclear industry, a senior lawmaker has said.
China and the United States announced on Thursday that they will sign the Paris climate agreement on April 22, as the world's two largest greenhouse gas emitters continue to strengthen their cooperation to combat climate change.
Which country will lead the new economic development? The answer is China, because it has the largest population, and is set to become the world's largest economy, largest trader, largest buyer and the largest consumer market.
The newly passed Charity Law balances the interests of charity organizations, donors, volunteers, beneficiaries and trustees, and is expected to protect legal rights of those taking part in charity work and promote social development.
The Asian Infrastructure Investment Bank's board of directors recently approved the new institution's much talked-about environmental and social framework (ESF) which lays out the levels of protections the bank will have in place to ensure that people and the environment are not inadvertently harmed in its financed projects.
The bright picture a recent McKinsey report painted about the rise of modern Chinese consumers is indeed tempting for businesses at home and abroad. The rewards must be substantial for those who get it right with the swelling consumer group, which has so far looked surprisingly confident.
The other day in my "up and coming area", I walked past yet another twee storefront. An oval sign announced it was "---Gallery". Beside it, a more commercial-looking sign said: "---Coffee".
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
