The good and bad of bike company going bust

Until recently an elite member of the bicycle-sharing business (next only to Mobike and Ofo), Bluegogo has, many say, met its Waterloo almost out of the blue. Amid fears that the debt-laden company might run away without returning users' deposits, its founder Li Gang posted a statement online on Thursday in an attempt to assure customers that their deposits were safe and "returnable".

Alter norms to attract foreign students

Minister of Education Chen Baosheng said at a news conference during the 19th National Congress of the Communist Party of China last month that the country will be the most attractive global destination for higher education by 2049.

Stars not the lone success factor for films

A recent list of the top 100 Chinese mainland celebrities' pay for starring in a film or TV serial has left people open-mouthed, as their fees range from 5 million yuan ($750,000) to 80 million yuan for a film, and 50 million yuan to 100 million yuan for a TV serial. Which means even after paying the personal income tax, a celebrity can make a helluva lot of money, not counting his or her earnings from advertisements and other sources.

China-ROK trust provides boost for regional stability

Foreign Minister of the Republic of Korea Kang Kyung-wha is scheduled to visit Beijing on Tuesday to hold bilateral talks with her Chinese counterpart Wang Yi.

Stronger financial supervision

China's central bank and the banking, securities and foreign exchange regulators issued a draft guideline on Friday in order to manage the assets of financial institutions.

New energy vehicles gain ground thanks to govt's strong support

CHINA WILL ROLL OUT A NEW TYPE OF NUMBER PLATE for new energy vehicles nationwide next year. The Ministry of Public Security announced the move on Sunday. Beijing Youth Daily comments:

Subways risky way to stimulate growth

THE NATIONAL DEVELOPMENT and Reform Commission, the country's top economic planner, has strengthened its supervision of rail transportation projects. Beijing Youth Daily commented on Monday:

People should be encouraged to donate blood

JOURNALISTS FROM BEIJING NEWS found that in a hospital in Yanjiao, a town in Hebei province, there is an illegal network selling blood. Patients who need a blood transfusion have to pay agents. They then organize people to sell their blood to the patients. The newspaper comments:

Hot words

Transferring State assets to social security fund

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Realizing great dream via 'Four Greats'

In his report to the 19th National Congress of the Communist Party of China on Oct 18, General Secretary Xi Jinping devoted a large chapter to the "Four Greats": to experience the great struggle in the new era, construct the great project of Party building, and promote the great cause of socialism with Chinese characteristics, in order to realize China's great dream of national rejuvenation.

AI development carries inherent legal risks

In his report to the 19th National Congress of the Communist Party of China on Oct 18, General Secretary Xi Jinping said that China will work at a faster pace to build the country into a manufacturer of quality goods, develop the manufacturing sector, and promote the integration of artificial intelligence with the real economy.