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enced the renminbi’s performance, said Wang Shengzu, co-head of Investment Strategy Group Asia Goldman Sachs.
But the currency is unlikely to slip out of a reasonable range, assuming there is no big shock from the trade talks, Wang said.
As a sound base for a stable renminbi, “the Chinese economy has shown sig
ns of bouncing up, shown by the faster-than-expected growth of industrial output, ret
ail sales, and credit in the first quarter, and this means that economic activity is improving with supportive pol
icies”, said Wang.Liu Shiyu, China’s former top securities regulator, was under investigation for alleged violations of
the law, according to a statement Sunday from the Central Commission for Discipline Inspection.
ues, including existing ski resorts and some newly built projects, to host all eight Olympic snow
sports in 2022. The three clusters will be connected by a new high-speed railway, which will be com
pleted by the end of this year. It looks beyond the Games to boost future winter sports tourism.
According to the organizing committee, all 26 venues for 2022 will be ready by June next year with the first t
est event, a World Cup skiing series, scheduled to be held in Yanqing’s National Alpine Skiing Center in February.
About 90 percent of the earth moving work for the mountain center is now complete, and a 53-hec
tare forest reserve has been built nearby for transplantation of all the trees affected by the construction.
“The preparations are ready to step up to the next stage, from planning to the readiness
phase. Beijing is ahead in the race against time,” said Liu Yumin, director of the planning, construction and
sustainable development department of the 2022 Olympic Organizing Committee.
and even a refrigerator sticker can be delicately made and worthy of being added to your personal collection,” said Zhou.
The success of creative products released by the Palace Museum in Beij
ing and Shanghai Disney Resort has set a good standard for local souvenirs, experts said.
Since 2015, users of the Palace Museum’s official app have received photos and info
rmation of one collection every day, bringing the collections and their fans closer.
As many as 480 styles of phone cases are created by the design tea
m of the Forbidden City. “We designed headphones with beads, and our foll
owers said this design let them feel like the emperor when making calls,” Shan Jixiang, former curator of the P
alace Museum who retired earlier in April, was quoted as saying by the Xinhua News Agency.
By the end of 2017, the Palace Museum released more than 10,000 products. It gen
erated 1.5 billion yuan ($223.8 million) in revenue from its creative products in 2017 alone.
one trip and fill out a form at the platform to apply for working visas. A professional team will also help their family members with the relevant procedures.
To better serve foreign talents, a number of domestic and international human resources ind
ustry leaders have set up offices in the talent hub, including Manpower, Shanghai Foreign Service Group, CDP Group and Liepin.com.
China has issued guidelines to ensure the high-quality development of cross-border e-commerce
posting and delivery services, a State Post Bureau (SPB) official said on April 11.
The guidelines were jointly issued by the SPB, Ministry of Commerce an
d General Administration of Customs, SPB official Tu Gang told a press conference.
While stressing the significance of cross border delivery services, Tu said weaknesses r
emained in aspects such as user experience, security control and international rules.
China will launch a whole-process supervision approach on cross-border delivery services and impl
ement security management regulations including real-name receiving and posting, human and machine examination of parcels.
China supports foreign investors to set up new businesses in the industry within its territory through legitimate applications.
ly concentrated in first and second-tier cities. “JD has missed the good opportunity to expand its third-party logisti
cs business, and there is little room for growth owing to the fierce competition in the segment.”
In October, JD launched parcel delivery services for individuals in 17
cities including Beijing, Shanghai, Guangzhou and Shenzhen, and later extended it to 31 citie
s. In order to use the service, customers would ask for a pickup through the firm’s app.
Yang Daqing, a researcher at the China Society of Logistics, said such adjustm
ent will bring about some negative effects in the short term, but if JD Logistics ha
ndles the issue properly, it will become more competitive after the transformation.
Apart from the salary cut for the delivery unit, JD is seeing a r
ound of shake-ups on its management team. Following recent resignations of its chief technology of
ficer Zhang Chen and chief legal officer Long Yu, the tech giant announced last week that L
am. Following recent resignations of its chief technology officer Zhang C
hen and chief legal officer Long Yu, the tech giant announced last week that L