A number of Chinese cities have extended or rolled out new measures to control property speculation, in a move that will help the country control its debt levels and maintain economic and financial stability.
In response to Standard& Poor's recent downgrading of China's sovereign credit rating from AA-to A+, China's Ministry of Finance said it was a "wrong decision" that ignored China's economic strength.
A GUIDELINE by China Alliance of Radio, Film and Television and three other organizations stipulates that the total remuneration of actors should account for 40 percent or less of the total production costs of a television series, and the leading actors cannot be paid more than 70 percent of the total remuneration paid cast and crew. ThePaper.cn commented on Saturday:
THE TRANSPORTATION AUTHORITIES in Nanjing, East China's Jiangsu province, are reportedly mulling a regulation to cap the number of order for takeout deliverymen, many of whom have been accused of violating traffic rules on a daily basis. Beijing News commented on Saturday:
THE MINISTRY of Housing and Urban-Rural Development has issued a notice urging local authorities to make extra efforts to protect historic buildings and refrain from "rebuilding" destroyed relics. Beijing News commented on Sunday:
Editor's Note: Transnational companies based in the Republic of Korea, including Lotte Mart, are retreating from the Chinese market, possibly to cut their losses. Four experts share their views on Beijing-Seoul economic ties with China Daily's Cui Shoufeng. Excerpts follow:
A guideline on how to deal with youths' love affairs and marriages jointly issued by the Central Committee of the Communist Young League, Ministry of Civil Affairs and the National Health and Family Planning Commission has gone viral on the internet, as it tends to turn a private matter into a social issue.
How to deal with the threat from the Democratic People's Republic of Korea may be one of the campaign planks of Japan's ruling Liberal Democratic Party for a possible snap election. Japanese Prime Minister Shinzo Abe will reportedly dissolve the lower house of parliament within a week and announce the general election - likely on Oct 22.
China will design and make the fuselage of the C929, while Russia will design the wings of the wide-body passenger aircraft, which is currently under development, said Commercial Aircraft Corp of China on Friday.
US card service provider American Express is preparing to apply for a license to operate in China, a senior executive of the company said.
Leading travel operator Thomas Cook forecasts that its business in China will grow tenfold in the next year.
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