Mastercard announced on Tuesday night that it has received approval from the People's Bank of China, the central bank, to begin formal preparations to set up a domestic bankcard clearing institution in China.
Mass market paperbacks, unlike their larger and higher-priced trade paperback siblings, are those books often inelegantly displayed in cheap wire fixtures along the front aisles of supermarkets and convenience stores, with soft covers to be ripped off and returned for full credit if the racked “product” doesn’t sell.
Mao Zongqiang, a professor at the institute of nuclear and new energy technology of Tsinghua University, said he believes China is capable of pushing forward hydrogen industry development, lowering costs while ensuring product quality.
Market consultancy iiMedia Research said the country's cross-border online shopping is expected to reach 12.7 trillion yuan in sales this year.
Market share of the Chinese top 100 real estate companies reached about 50 percent in 2017, up 7.9 percentage points year-on-year, suggesting a trend for concentration in the domestic property industry, report said.Total sales of those companies grew 32.8 percent to surpass 6.37 trillion yuan ( trillion) last year, with a 23.7 percent increase in sales area, showing an overall positive performance, according to a report released Thursday by the China Index Academy, the Development Research Center of the State Council and Tsinghua University."Since 2003, the Chinese property industry has undergone a 15-year golden era as one of the pillar industries in the Chinese economy and an engine of urbanization," the report said.Gross assets and sales of the top 100 real estate operators have seen fiftyfold growth amid the period, showing a steady and quick development, the report showed.In 2017, those companies strengthened cost controls to improve the quality of operations, whose average revenue and net profit increased 28.5 percent and 30 percent respectively, it said.They also helped to provide houses for low-income families and construct eco-friendly and energy-saving buildings, as part of the effort to realize corporate social responsibility, according to the report.However, the average asset-liability ratio of the top 100 property developers reached 78.9 percent, up 2.2 percentage points over 2016, suggesting greater pressure from debt.In the future, the report suggested those companies should not buy too many parcels of expensive land in hot cities to prevent the risk of overstock.Besides, they need to attach more importance to the safety of cash flow to avoid capital risk, it said.
Marc Pincus
深圳线雕鼻不见高
Master Xuecheng, 52, a graduate of the Buddhist Academy of China in Beijing, is also a national political adviser. He became abbot of Longquan Temple in 2005.
Mawan SmartPort is the country's first port that was upgraded from a traditional port to a smart one.
Many opportunities come from China's growing efforts to provide cost-efficient and effective medical services through healthcare reforms. Many market players will benefit and can make more breakthroughs from drug innovation, she said.
Many of his Chinese friends did not know how deeply expats have fitted into Chinese society. The majority of expats in YChina's videos speak Chinese fluently. Most of those videos touch on the pop culture of contemporary China and expats' deep engagement in various fields.