The government has started formulating matching regulations and rules to support implementation of the Foreign Invest ment Law, adopted two weeks ago, Li said, adding that supporting regulations will take effect along with the law on Jan 1. The draft amendment to the patent law has been submitted to China’s top legisl ators. It sharply increases compensation for infringement to a cost that violators will not be able to afford, he said. Forced technology transfers are prohibited and violators will receive harsh penalties, Li said. The complaint mecha nism for foreign-invested companies will be perfected to improve exchanges and coordination between the gover nment andRead More →

US senators sharply questioned regulatory officials on Wedne sday about the Federal Aviation Administration’s reliance on Boeing Co’s engineers to cert ify the safety of the company’s new 737 Max 8 aircraft, which was involved in two fatal crashes in the past five months. A self-certification procedure called Organization Designation Authorization came under scr utiny at a hearing of the Senate Commerce Committee’s aviation subcommittee in Washington. Testifying wer e Daniel Elwell, acting FAA administrator; Robert Sumwalt, chairman of the National Transportation Saf ety Board; and Calvin Scovel III, Transportation Department inspector general. For decades, the FAA has delegated some authority for certifying new aircraftRead More →

More than 60 countries will send naval delegations to participate in the 70th anniversary of the founding of the Peo ple’s Liberation Army Navy in late April, a spokesman for the Ministry of National Defense said on Thursday. The celebration will showcase the progress of the PLA Navy and its growing capabili ty in safeguarding China’s overseas interests as well as regional and world peace, an expert said. The multinational naval event will take place in Qingdao, Shandong province, in late Ap ril, said ministry spokesman Senior Colonel Wu Qian. April 23 is the 70th anniversary of the PLA Navy’s founding. The naval event willRead More →

domestically rated “AAA”, the safest level. The sale to individual investors is mainly of project-link ed special-purpose bonds, a type of local government bond vigorously promoted by the government in re cent years. The cash flows generated from the underlying projects will be used as the primary repayment sources. In China, there are two types of local government bonds: general bonds and special purpose bonds. According to the country’s 2019 budget repor t, which was approved by the top legislature earlier this month, the budgeted deficit for local governments is 930 billion yuan, up 100 billi on yuan compared with 2018, and this fund gapRead More →

Zeng Niaoniao, a qipao designer in the post-95s generation, started her business when she was a sophomore in 2015, and now runs stores both online and off. Last year, the turnover from her online store reached 12 million yuan ($1.78 million) The 24-year-old designer has a track record on improving qipao, displaying her work at the 2018 Shan g Fashion Week and attracting Chinese pop idol Yang Chaoyue to wear her design for an advertising photoshoot. Zeng said her wish was to see people wearing her designs to stroll around town, and sh e wanted to bring more improved qipao with new designs to young Chinese girls. May’s offer toRead More →

a different pair of shoes for the surface. I was overwhelmed, in an embarrassing way.” Li played the final match of her stellar career at Wimbledon 2014 before retiring due to a chronic knee injury two months later. Now enjoying life as a housewife and businesswoman, the two-time Grand Slam singles champion spares no effort to en sure that China’s new generation of players are better prepared than she was for life as a pro. Her passion for the sport remains undiminished and shone through at Tuesday’s event at Beijing’s 1123 Junior Tennis Academy, where the 37-year-old hit shots with some young hopefuls and sharedRead More →

eration, network traffic distribution, packaging and promotion. And it will provide exclusiv e agent for every super partner on the platform to help the super partner make decisions and amplify the effect of their contents. In April 2017, JD for the first time launched the shopping c ircle function, which allows users to join online interest groups of beauty products, maternal and chi ld products, fashion, photography and food, and share recommended products and their shopping experience. In November 2018, the mini program for WeChat based on the shopping circle function was launched. As new e-commerce players such as Xiaohongshu taste success from social shopRead More →

 minister’s post as the price of winning support for the deal. At a meeting Sunday at the prime minister’s country retreat, Chequers, prominent Brexiteers told May they might back the deal — if she agreed to step d own so a new leader could take charge of the next phase of negotiations, which will settle Britain’s future relations with the EU. Former Foreign Secretary Boris Johnson, who attended the meeting and is likely to be a conten der in any future Conservative leadership race, accused the government of lacking “gumption” and chickening out on delivering Brexit. Britaina’s best-selling newspaper, The Sun, put a call onRead More →

and greatly improve our work efficiency”, according to a released statement at a news conference held by the administration on Tuesday. In the past, the residents in Chinese mainland could only apply for permits in their house hold registration places with relevant documents, including identification card, hukou and application form. National Immigration Administration holds a press conference on March 26, 2019. Under the new measure, the residents will provide the same documents to apply for th e passports and travel permits in their nearby exit and entry management departments, it said. With the rapid development of China’s economy and society, a growing number of peopleRead More →

ence” leader, to stop over in Hawaii on her way back to the island after an eight-day tour of thr ee Pacific island nations this week, Washington is breaching all established protocols and violating the 1979 Joint Communiqué. Beijing lodged “stern representations” with Washington on Thursday against Tsai’s transit in Hawaii. “We have consistently and resolutely opposed the United States or other countries which have diplomatic relations with China arranging this kind of transit,” Foreign Ministry spokesman Ge ng Shuang said in Beijing. Beijing has urged Washington not to send “Taiwan independence forces any wrong signal”, Geng said. The method behind fluctuating policy of USRead More →