ALIBABA, China's e-commerce giant, said it will invest 10 billion yuan ($1.51 billion) for poverty alleviation over the next five years. Rednet.cn commented on Monday:
MORE THAN 1,000 CANCER PATIENTS in Nanjing, East China's Jiangsu province, reportedly invested in a local company promising an annualized return rate of 13 percent and funding for a recovery program. However, those behind the company fled after taking their money. Beijing News comments:
"WHEN YOUR HUSBAND beats you, enjoy it. When he uses dirty words against you, tolerate it. You are a female and you should stay at the bottom of society." These are quotes from a so-called female virtue training agency in Liaoning province. Hebnews.cn comments:
On Dec 1, the United States formally informed the World Trade Organization that it opposes granting China market economy status. This breaches its promise that China would automatically be granted market economy status by 2016.
The State Council, China's Cabinet, recently decided to transfer 10 percent equity shares of State-owned enterprises and financial institutions to the National Council for Social Security Fund. A pilot program for such transfers will be launched in some central SOEs by the end of this year, and gradually extended to other SOEs.
Tax cuts masquerading as tax reform are the best way to describe the thrust of Washington's latest policy gambit. The case is largely political - namely, the urgency of a Republican Congress to deliver a legislative victory for a Republican president. The consequences, however, are ultimately economic - and, unsurprisingly, likely to be far worse than the politicians are willing to admit.
Nearly six out of 10 Africans today are below the age of 25 and by the middle of this century, one in four people in the world will be an African. But last year, about 5,000 migrants, mainly Africans, drowned in the Mediterranean on their way to seek shelter in Europe.
Bright prospects for the commons are what General Secretary Xi Jinping of the Communist Party of China Central Committee sought to convey in his keynote speech at the world political parties dialogue on Friday, in which he accentuated his proposal that countries work together to build a community of shared future for all mankind.
Soon after the conclusion of the 19th National Congress of the Communist Party of China last month, General Secretary Xi Jinping visited the site of the first national congress of the CPC together with the other members of the newly-elected Standing Committee of the CPC Central Committee Political Bureau.
MORE THAN 400 ENTERPRISES from some 13 countries and regions are attending the fourth World Internet Conference from Sunday to Tuesday in Wuzhen, East China's Zhejiang province. That number is about 100 more than last year. Beijing News commented on Sunday:
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