Month: May 2019

Also, these new first-tier cities have preferential po

policies for residence permits and financial incentives to lure more talent. For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua tes with master’s and doctoral degrees, respectively, after they work in the city for three years. Haikou, capital of Hainan province, is attracting college students with […]

Sichuan-Tibet Railway to see high-speed trains at 200 kmh

he Sichuan-Tibet Railway, the second railway line linking the Tibet autonomous region to other parts of China, will opera te high-speed trains with a designed running speed of 200 kilometers per hour, thecover.cn reported. China Railway Eryuan Engineering Group Co Ltd, which is designing the line, revealed a draft plan on Wednesday that tra ins […]

The number of unicorns in a given city is often consid

ered a barometer of innovation and entrepreneurship. The majority of China’s unicorns are based in Beijing, Shanghai, Hangzhou and Shenzhe n, with a combined number of 156, 19 more than the previous year and accounting for 77.2 percent of the total. Nanjing, Guangzhou, Wuhan and Qingdao are new gathering places for unicorns, the report said. Driven […]

be why despite the US government blacklisting Huawei, Re

Ren on Tuesday expressed continued willingness to collaborate with US partners in the future. Ren’s confidence lies in Huawei’s capacity to serve its customer s under “any circumstances”, and has the support of its growing clientele at home and abroad. “Last week, in public bidding by China Mobile, we won contracts to build 5G networks […]

Liu, who turned himself in, stepped down in Janua

ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman. The central commission said in the statement that Liu is cooperating with the probe. hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer […]

The star apologized for the potential negative influenc

uence from his misbehavior via his official Weibo account on Tuesday, promising better behavior in the future. The Beijing Center of Health Supervision warned punishment would follow if they can confirm these violations, adding the ma tter has been under investigation in a post released on its official Sina Weibo account on Tuesday. Based on […]