An Asia-based group of entrepreneurs aims to build a transcontinental supergrid that links the continents by 2050.
Illegal action results in heavy penalties, severe ban on chairman
China's courier industry is expected to enter a new stage in its development with the listing of SF Express, China's largest courier, according to analysts.
Baidu Inc, the Chinese internet search leader, said it is expecting a sales rebound in the first quarter of 2017 on the back of new revenue drivers like artificial intelligence, after a web advertising scandal last year crushed quarterly earnings twice in a row.
China is in a critical stage as it strives to eradicate extreme poverty by 2020, as part of the central government's goal to build an all-round well-off society in which no one is left behind.
The procuratorate of Wuxi, East China's Jiangsu province, recently filed a lawsuit in the city's intermediate people's court demanding compensation from the authorities of Yangpu district, Shanghai, for dumping the district's household garbage in Wuxi.
THE COUNTRY'S PRESTIGIOUS TSINGHUA UNIVERSITY has come under fire for its 2017 international undergraduate admission requirements, which many have criticized as being "preferential" because they only require foreign applicants under the age of 25 to have a high-school diploma and pass the Level 5 of the HSK language test. Xiong Bingqi, deputy director of the 21st Century Education Research Institute, commented on Wednesday:
ON SATURDAY, the Chinese Academy of Sciences announced that Chen Ning Yang, winner of the 1957 Nobel Prize for Physics, and Yao Qizhi, recipient of the 2000 Turing Award, have been admitted as academicians as they have renounced their US citizenships and are now Chinese citizens. China Youth Daily comments:
BEIJING'S NEWLY revised regulations on mass fitness will be introduced next month. It will strictly regulate any exercise activities in public places that might create a disturbance. Beijing Youth Daily commented on Thursday:
China will not import coal from the Democratic People's Republic of Korea for the rest of 2017, the Ministry of Commerce said on Saturday. The ministry's decision to suspend coal imports is in line with the United Nations Security Council Resolution 2321, which was adopted on Nov 30 to tighten sanctions on the DPRK in response to its fifth nuclear test in September.
As Asia has developed, it has been exporting its savings, through a trade surplus with the United States, and re-importing them, in the form of direct and portfolio investment via New York and London - a process that has created severe, though largely overlooked, financial tensions.
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