While their parents scrimp and save, putting every possible penny in the bank, the younger generation are more at ease with adopting luxurious lifestyles and spending as they wish, even with borrowed money.
Saving has long been a tradition among Chinese people, but attitudes are changing rapidly.
Art toy collector Lyu Min, a self-confessed "doll addict" who works for an advertising agency in Beijing, buys small dolls from vending machines every week.
Urziashim Usur is never happier than when he is making traditional Xinjiang stamped cloth with his family.
A plan rolled out by the central authorities to create a level playing field and boost financing channels for small and medium-sized enterprises will inject fresh impetus for the growth of SMEs, officials and experts said.
Medical fund fraud to face stricter range of penalties
Editor's note: This is the first in a series of stories about the Xinjiang Uygur autonomous region, looking at developments in the area's economy, culture, business sector and measures to alleviate poverty.
It used to be hard for Altumkhz Salam, a fashion-conscious Uygur woman, to find clothes that matched her dress sense, and even harder to get her hands on them, because she lives in one of China's remotest areas.
My big dream right now is to buy a Mercedes car with money I earned myself. That is beyond the reach of most young people here, but as my online business is taking off, I believe that day will eventually come.
Editor's note: Event Horizon Telescope researchers released the first-ever image of a black hole on Wednesday evening. The extraordinary scientific feat was accomplished by a team of more than 200 researchers from across the world, including 16 from the Chinese mainland. Three experts share their views on the breakthrough achievement with China Daily's Zhang Zhouxiang. Excerpts follow:
A Japanese Air Self-Defense Force F-35A stealth fighter jet crashed into the Pacific Ocean off the northern coast of Japan on Tuesday. Japan and the United States have mobilized a large number of aircraft and ships to search for the plane and the pilot around the crash site. Until now, they have only found the wreckage of the aircraft without any trace of the pilot.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
