Leading Chinese online payment platform Alipay has extended its services to 40 overseas tourist destinations amid a surge in outbound trips during the ongoing National Day holiday.Alipay's 40 new partners, mostly in Asia and Europe, include 10 airports, business districts, Chinatowns and outlet shopping malls.The mobile payment services are now available in over 90 percent of the shops at affiliated tourist destinations, and some businesses will offer Chinese tourists with special Alipay discounts and Mandarin-speaking customer service during the holiday.During the ongoing National Day hol...
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2018
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A total of 1,106 small and medium-sized enterprises have debuted on China's National Equities Exchange and Quotations, also known as the "new third board," since the beginning of 2018.These companies issued stocks worth 47.52 billion yuan (about 6.92 billion U.S. dollars), according to the exchange.During the latest trading week before the National Day holiday, turnover on the board stood at 1.492 billion yuan, up 26.44 percent from the previous week.The exchange was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges to serve SMEs.It is seen as a more ...
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2018
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The collision between the unilateralism under the banner of "America first" and the multilateralism that values equality and cooperation is getting increasingly fierce these days.During the current session of the UN General Assembly, plenty of UN officials and global political heavyweights voiced their opposition against the US-held unilateralism, expressing their strong will in safeguarding the multilateral trading system.UN Secretary-General António Guterres said that multilateralism was under fire while the world needed it most. He noted that the world was suffering from trus...
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2018
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In this world, some people only see what they want to see, and some only stress what they want to stress. They even use their power to force others to accept their point of views.The US labels China with “unfair trade”, “intellectual property theft” and other tags, and is trying to make hype through media reports. However, what the US fans up is not true.In the white paper “The Facts and China’s Position on China-US Trade Friction” released on Sept. 24, China has revealed the US misunderstandings .
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2018
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On September 21, a Swedish TV show insulted China. The program took aim at Chinese tourists, “welcoming” them to Sweden, and was full of lowbrow humor and insulting language and imagery. It promoted discrimination and other xenophobic tendencies, and the map used in the program portrayed China without Taiwan and parts of Tibet. Afterward, the video was uploaded to a popular Chinese video sharing site in order to maximize the effect.
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2018
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