sporting goods, textiles, electronic appliances and bicycles, will be lowered to 20 percent from the previous 25 percent, it said.
The move was aimed at expanding imports and boosting domestic consumpti
on, with tax rates lowered for many daily consumer goods, the commission said.
Chinese singer Yi Yangqianxi on Monday shared his vision of promoting health among young
people, citing his experiences working with the World Health Organization (WHO).
At the Asia and Pacific session of the ongoing UN Economic and Social Council Youth Forum, Yi said that to bu
ild a healthier society, “we need to start with our own personal action, make healthy choices” and “we can make an effort to reach
out to those who need support, including children and teenagers.”Chinese singer Yi Yang
qianxi (front), who is a World Health Organization (WHO) China special envoy for health, attends the Asia and Pacific session
of the United Nations Economic and Social Council Youth Forum, at the UN headquarters in New York, April 8, 2019. Yi Yangqianxi on Monday shared his vision
of promoting health among young people, citing his experiences working with the World Health Organization
After 40 years of high-speed growth, China’s economy ha
s entered a high-quality development phase. Starting today, China Daily will feature a series of reports to sh
ow the new landscape across the country. This is the first installment of the series.
Beijing’s municipal government has been making efforts to develop high-end industries suc
h as 5G, artificial intelligence and the industrial internet in order to build the city into the nation’s scientific and innova
tion center, which is a core strategy of the capital’s high-quality growth plan, a senior officials said recently.
Lin Keqing, executive vice-mayor of Beijing, said the city is aimin
g to make new information technology and medical health twin drivers of the municipality’s growth.
“Beijing will make better use of resources to develop the biomedical indus
try and extend its value chain,” Lin said. “We have unveiled an international medical-use ro
botics innovation center in Zhongguancun, China’s Silicon Valley, and a group of companies in the sector.”
whose annual net income was less than 200 yuan ($30) were defined as living below the p
overty line in China in 1985. The line was raised to less than 2,300 yuan by 2011.
Second, how are policies designed to help the poorest people? Chinese policies aim to give the poor a roof over their heads, guarantee
food, clothing and basic medical services, and provide their children with nine years of compulsory education.
Funds and resources have been made available for agricultural subsidies and cheap loans to rural far
mers. Funds also went into rural revitalization, to integrate regional development and build infrast
ructure connecting villages to markets so that farmers could sell their products more easily. Villagers have been enco
uraged to be innovative, with incentives and loans for them to become self-employed and to set up micro-businesses.
Moreover, teams of officials have been traveling to faraway and isolated rural areas to help individual
s and families with individualized plans that target specific problems, such as whether there is ill
ness or disability in the household. In other words, China has not taken a “one-size-fits-all” approach for the tough cases.
ping via livestreaming services could completely and truly demonstrate the detailed infor
mation of overseas products to domestic consumers, and have gained wide popularity with the younger generation.
Zeng added that the consumers’ demands have become more p
ersonalized and diversified. “They have higher requirements for high-quality and cost-effe
ctive products, which brings out huge opportunities for cross-border e-commerce industry.”
It is noteworthy that the post-90s generation favor niche
and designer brands, and also are addicted to livestreaming videos, Zeng said.
Founded in 2010, Ymatou is a consumer-to-consumer or C2C marketplace engaged in cross-border e-commerce.
By the end of the second quarter in 2018, the site had about 50 million users and hired more than 60,000 overseas buyers in 83
countries including the United States, the United Kingdom, Japan, South Korea and Australia.
The site had more than 4,000 members, 97 of whom paid a $44.95 monthly fee to access extra features, such as the ability to replay certa
in live streams. Between November 2018 and this month, police said, the service brought in upwards of $6,000.
“There was a similar case in the past where illegal cameras were (secretly installed) and were consistently and secretly
watched, but this is the first time the police caught where videos were broadcast live on the internet,” police said.
South Korea has a serious problem with spy cameras and illicit filming. In 2017, more than
6,400 cases of illegal filming were reported to police compared to around 2,400 in 2012.
Last year, tens of thousands of women took to the streets of Seoul and other cities to p
rotest against the practice and demand action, under the slogan “My Life is Not Your Porn.”
Play VideoIllicit spy cam cases skyrocket in South Korea 02:24
In response, Seoul launched a special squad of women inspectors, w
ho have been conducting regular inspections of the city’s 20,000 or so public toilets to searc
h for spy cameras, though some critics have denounced the move as a superficial response to a societal issue.
Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak
ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin
ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&
P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.
Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen
stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai
n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.
The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.
China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co
untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.
A widely criticized Australian newspaper cartoon showing tennis legen
d Serena Williams jumping up and down next to a broken racket and a pa
cifier which she had spat out was not racist, according to the country’s media watchdog.
The Australian Press Council ruled that the drawing, published by Murdoch group newspaper the Hera
ld Sun, did not breach Australia’s press standards and instead was capturing Williams’ “on-co
urt tantrum” at the 2018 US Open final “using satire, caricature, exaggeration and humor.”
The cartoon was published shortly after the bad-tempered final, in which Wi
lliams had a dispute with the umpire over his allegedly sexist treatment. The pr
ess watchdog received a number of complaints about the image, which drew international condemnation.
The press council said the newspaper “was depicting the moment when, in a high
ly animated tantrum, Ms Williams smashed a racquet and loudly abused the ch
air umpire, calling him a thief, a liar and threatening that he would never umpire her matches again.