IN 2013, a company that sold self-made coins based on the "five elements" of feng shui to its customers at 5,000 yuan ($725) a piece and offered a percentage to those who sold the coins to other people was charged by the Ministry of Public Security with illegal pyramid selling, and 33 of the organizers were detained or arrested. However, a recent online video shows the organization is still alive, even expanding. Thepaper.cn comments:
ACCORDING TO THE LATEST GUIDELINE on lending issued by the China Banking Regulatory Commission, online lenders are prohibited from approaching potential borrowers with a bad credit history and college students under 18. Legal Daily commented on Wednesday:
PHOTOS SHOWING 3.48-meter high bus stop boards in Jianyang, Southwest China's Sichuan province, went viral online recently. Even Yao Ming, the 2.26-meter tall basketball player, may not be able to clearly see the small characters listing the names of more than 30 stops, which are crowded in an area just 40 centimeters wide.
Editor's note: Five researchers in international studies share their views with China Daily's Cui Shoufeng on the just-concluded meeting between President Xi Jinping and his US counterpart Donald Trump. Excerpts below:
China's decision to relocate Beijing's non-capital functions to Xiongan New Area, which is home to Baiyangdian Lake, the largest freshwater body in North China, highlights the acute water shortage Beijing faces. This calls for special attention to the groundwater shortage.
The fixed-asset investment in 23 provinces, municipalities and autonomous regions (excluding agricultural households) is expected to increase to more than 45 trillion yuan ($6.52 trillion) in 2017, raising public concerns.
China used to be called the "Kingdom of Bicycles" in the 1980s because bikes were the most popular mode of transport for Chinese people at the time. Thanks to the fast development of infrastructure over the years, cars, buses and the metro have become the preferred mode of transport for most Chinese in cities today.
Beijing launched its medical reform on Saturday, scrapping the previous markup on drugs, which could be as high as 15 percent in the old pricing system, and replacing the registration fee and treatment fee with a medical service charge.
THE TAIYUAN MUNICIPAL HEALTH AND FAMILY PLANNING COMMISSION has launched an investigation into reports that unqualified people posing as "doctors' assistants" appeared on online live broadcast platforms in Taiyuan, capital of North China's Shanxi province, and directed viewers to a private hospital in the city. Changjiang Daily comments:
HENGSHUI HIGH SCHOOL in North China's Hebei province, an "emblem" of exam-oriented education, recently opened a campus in East China's Zhejiang province where schools tend to focus on students' all-round development rather than just exam scores. Its entry in Zhejiang was met with opposition from some educators in the province. China Youth Daily commented on Tuesday:
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