Information spending tilts to services

Chinese consumers and government entities will spend more money on information services than products for the first time in 2018, according to the report released on Friday by the China Academy of Information and Communications Technology.

Village bank investment model to be expanded

China is moving to improve its model for managing investment in village and township banks, with the aim of enhancing these banks' ability to operate sustainably, protect against risks and support agro-related businesses and small companies.

IN BRIEF (Page 6)

China-made VWs heading overseas

China-made Volkswagen cars will soon be exported to Southeast Asian markets, with a pilot shipment to the Philippines to be made this month, according to Volkswagen Group China.

Moutai to double online liquor sales

Kweichow Moutai Co Ltd, China's signature high-end spirit maker, said on Friday that it expects online sales to account for 60 percent of its total sales in the future compared with 30 percent now.

Infineon bets big on nation's semiconductor market

German semiconductor company Infineon Technologies AG says it aims to achieve double-digit growth this year in China - a country that's playing an increasingly important role in its business as a whole.

Improved Party ecosystem strengthens cage for power

The world may be full of uncertainties, but there is one thing of which we can be certain: There will be no letup on the central leadership's resolve to ensure no place is out of bounds, no ground left unturned, and no tolerance shown in the fight against corruption.

Australia once again displays misplaced pride and prejudice

Criticism of China's Belt and Road projects in Pacific island countries by a high-ranking Australian official once again lays bare the deep running bias against China harbored by some politicians in Australia.

Resilience of real estate sector is not just of its own making

BY TUESDAY, all the 31 major listed real estate enterprises in China had published their sales performance for 2017, showing their combined annual turnover was 3.38 trillion yuan ($519 billion), soaring 54 percent year-on-year. Guangming Daily commented on Thursday:

Hospitals should not fight flu alone

THE PHOTO OF A NOTICE posted by a pediatric department of a hospital in Tianjin has been widely spread online, as it said that its services had been suspended because all its pediatricians had fallen ill due to their extremely heavy workload. Beijing News comments:

Marriott's error offers lesson for other companies

HAVING PROVOKED outrage with an online customer questionnaire that listed Chinese regions as separate countries, the US hotel giant has announced it has suspended the questionnaires and is correcting the options. Thepaper.cn commented on Thursday:

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