The Natural Science Foundation of China (NSFC) financed 41,184 programs in 2016, allocating 22.71 billion yuan (about 3.3 billion U.S. dollars).Funded programs included research on gravitational waves, said Yang Wei, head of the NSFC, who added that the foundation had also launched research projects into areas including coexisting-cooperative-cognitive robotics, and piloted basic science programs on craton damage and the evolution of land.The NSFC will focus on areas such as brain science, new materials, advanced manufacturing, quantum communication, robots, and information security, said the ...
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China will steadily liberalize the yuan’s use on the capital account, which makes the currency convertible for investment purposes, as part of the country’s strategy to make the yuan a global currency, the central bank said on Monday.The yuan’s globalization is a long-term strategy that demands consistent and steady efforts, Yi Gang, the deputy central bank governor, told participants at an insider meeting.China’s economy is still proceeding on a stable track, he said, adding the market forces that drive the yuan’s global use remain.Efforts should be made to enhance the yuan’s role in investme...
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The Chinese embassy in France confirmed Monday that a Chinese national was dead on Sunday night in a conflict with the police in the 19th arrondissement of Paris.According to the website of the Chinese embassy in France, after being informed of the incident, the consular section of the Chinese embassy in France contacted the French police, asking them to find out the cause of this incident.The French police authorities said that the police investigators were making investigation into the death of the Chinese national in Paris, according to the source of the embassy.The Chinese embassy also sen...
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During the 2016 presidential campaign, Donald Trump stumped hard on promises not to touch Social Security, Medicare, and Medicaid. There are about 59 million Social Security beneficiaries in the US now, and Medicare provides health coverage to 56 million, and Medicaid 71 million, including 14 million covered under the Affordable Care Act’s Medicaid expansion.“I was the first & only potential GOP candidate to state there will be no cuts to Social Security, Medicare & Medicaid. Huckabee copied me,” Trump tweeted in 2015, following up with: “Huckabee is a nice guy but will never be able t...
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China’s economy has been ranked the top performing in terms of overall strength and vitality in a report released at the Boao Forum for Asia on Thursday.The Asia Competitiveness Annual Report 2017 acknowledged China maintained a growth rate of 6.7 percent last year while contributing 30 percent to the world economic growth.In terms of overall competitiveness, China ranked 9th out of all Asian economies in 2016.The report noted China’s increased investment in scientific fields and allocation of national financial education expenditure equivalent to over 4 percent of the total GDP as it aims to ...
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