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Reskilling will rule the roost in employment market going forward

Reskilling will rule the roost in employment market going forward

Epidemic or no epidemic, reskilling is fast becoming the need of the hour and the most talked-about topic. Developing new skills is no longer seen as just an adjunct, but more as a surefire way to succeed in a workplace where change is the only constant. And it is nowhere more pronounced as in countries like China and India, nurturing a huge population and workforce.Though governments in both countries have drawn up several programs to promote reskilling of the workforce, much more needs to be done as the market is always in a dynamic situation, says T. B. Nair, an independent consultant...

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李平
26d ago
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Chinese spend over 900b yuan in online Spring Festival shopping spree

Chinese spend over 900b yuan in online Spring Festival shopping spree

BEIJING -- Staycationing Chinese consumers spent 905.76 billion yuan (about $140.16 billion) on a month-long online Spring Festival shopping spree that concluded Thursday, official data shows.The 30-day period of online shopping, which ran from Jan 20 to Feb 18, saw online catering sales skyrocket by 48.5 percent compared with the same period in 2020, according to the Ministry of Commerce.Products and services related to Lunar New Year's Eve dinner surged 78.8 percent from the Spring Festival holiday in 2020, while online sales of movie tickets spiked 412.7 percent on yearly basis to...

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张洁
in 9d
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State Grid projects help ease poverty

State Grid projects help ease poverty

State Grid Corp of China, the world's largest utility, said it has ramped up investments in Southwest China's Tibet autonomous region and adjacent areas like Qinghai and Sichuan provinces during the last five years to help more local residents out of poverty through its unified power grid.The utility firm said investments in the region rose by 24 percent on a yearly basis to 91.3 billion yuan ($14.12 billion) during the last five years. Social power consumption in the region rose by 17 percent on an annualized basis during the 13th Five-Year Plan period (2016-20), the company said.Tibet and...

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陈柳兵
2d ago
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Analysis: Decoupling could trim 1% off US GDP

Analysis: Decoupling could trim 1% off US GDP

/ China-USThe United States would forgo $190 billion from its gross domestic product annually by 2025, or roughly 1 percent of its GDP at last year's level, if it were to fully decouple with China, a scenario that would force the US aviation industry alone to shed up to 225,000 jobs, according to analysis by the US Chamber of Commerce and Rhodium Group.The projections highlight the potential costs to the US economy at a time when the administration of President Joe Biden is grappling with a pandemic-battered economy and weighing its policy agenda with China."If the US and China were to...

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关晓萌
3d ago
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China further promotes TCM development by strengthening scientific research

China further promotes TCM development by strengthening scientific research

BEIJING -- China has unveiled 14 key laboratories of traditional Chinese medicine (TCM) in an effort to strengthen the building of scientific research platforms that would underpin and promote the development of TCM.Based on specialized institutions such as the China Academy of Chinese Medical Sciences, the newly disclosed labs are tasked with conducting TCM research and evaluation as well as quality control, among other areas, according to the National Medical Products Administration (NMPA).The first batch of 10 plus TCM key labs was made public in July 2019, according to a circular on the...

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郭凯
4d ago
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5G eases shipbuilder's manufacturing work

5G eases shipbuilder's manufacturing work

Zhang Hua's work at a shipyard in Dalian, Liaoning province, has been made easier by a 5G-based device that improves efficiency.With the device, Zhang and his colleagues, who are in charge of installing pipelines in hulls, can see 3D assembly drawings clearly displayed on an LCD screen."The paper drawings we used previously were full of dense lines. One could hardly understand them without years of apprenticeship," he said.The device is part of a 5G-plus 3D outfitting visualization system developed by Dalian COSCO KHI Ship Engineering (DACKS) and China Mobile's branch in Dalian's Lyushunkou...

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刘明
5d ago
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Importance of int'l trade deal promoted

Importance of int'l trade deal promoted

Economic cooperation with other nations key to reform, opening-up, Cabinet saysThe State Council has underlined the implementation of the Regional Comprehensive Economic Partnership as an important move in efforts to boost domestic reform and opening-up, with officials and experts urging businesses to brace for challenges and opportunities arising from the world's largest trade pact.In its executive meeting on Wednesday, China's Cabinet called for an acceleration of domestic institutional reforms to facilitate the implementation of the RCEP, with measures to quicken the formation of...

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刘明
6d ago
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Clinician spreads TCM awareness in Africa

Clinician spreads TCM awareness in Africa

Acupuncturist spent 12 months in Benin treating locals and educating medical practitionersTian Tong has been practicing acupuncture for more than 30 years, but his most recent efforts were special-treating the people of Benin with traditional Chinese medicine.A graduate of Beijing University of Chinese Medicine, Tian was working as a TCM clinician at the General Hospital of Ningxia Medical University in the Ningxia Hui autonomous region, specializing in acupuncture and massage therapy, when he decided to accept the challenge.In December 2019, Tian heard that TCM doctors were needed for a...

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刘明
6d ago
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Top 10 Chinese cities with most number of wealthy families

Top 10 Chinese cities with most number of wealthy families

The number of wealthy Chinese families hit 5.01 million as of Dec 31 in 2019, an increase of 1.4 percent from a year earlier, according to the Hurun Wealth Report 2020 released on Feb 8.Wealthy families refer to households owning assets of at least 6 million yuan ($929,400), the report said.Moreover, the number of high–net-worth Chinese families with household assets of 10 million yuan increased 2 percent year-on-year to 2.02 million, and the number of ultra-high-net-worth Chinese families with household assets of 100 million yuan grew 2.4 percent year-on-year to 1.08 million.Beijing is...

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陈柳兵
6d ago
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Chinese vaccine arrives in Hungary, first in EU

Chinese vaccine arrives in Hungary, first in EU

/ China-EuropeA shipment of COVID-19 vaccine developed by China's Sinopharm arrived in Hungary on Tuesday, making it the first member of the EU to receive a Chinese vaccine.The 550,000 vaccine doses would be enough to treat 275,000 people with the two-dose jab, Dr. Agnes Galgoczy of the National Public Health Center told a press conference.The shipment was welcomed at the Liszt Ferenc International Airport by Tamas Menczer, state secretary from the Hungarian Ministry of Foreign Affairs and Trade, and Chinese Ambassador to Hungary Qi Dayu."We are the first country in the European Union (EU)...

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陈蓓
Feb 17
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China makes fight against climate change more affordable for world: Bill Gates

China makes fight against climate change more affordable for world: Bill Gates

NEW YORK -- Microsoft co-founder Bill Gates has applauded China's determination to prioritize the climate and its contributions to carbon reduction, saying the world benefits from the country's efforts to make green energy more affordable."It's great that President Xi is making climate a priority and wants to work with other countries on this," said Gates, also co-chair of the Bill & Melinda Gates Foundation, in an exclusive interview with Xinhua.China aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060, said Chinese President Xi Jinping in September 2020...

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马驰
Feb 16
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China EximBank releases bailout funds of over 76.3b yuan in 2020

China EximBank releases bailout funds of over 76.3b yuan in 2020

BEIJING -- The Export-Import Bank of China (China EximBank) released over 76.3 billion yuan (about $11.85 billion) of special bailout funds to companies last year.The funding mechanism, established at the beginning of 2020, has aimed to support companies stricken by COVID-19 and trade frictions with a focus on sectors related to foreign trade and manufacturing.As one of the sectors bearing the brunt of the pandemic, the air transport industry saw ten of its major firms receive more than 17 billion yuan of such funds in 2020.The China EximBank is a state-funded and state-owned policy bank...

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郭凯
Feb 13
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Green finance gets newfound incentivization

Green finance gets newfound incentivization

China to ease domestic market access for foreign investors, says PBOC officialChina will make it easier for international investors to access the country's green finance market by promoting the harmonization of domestic and global green standards as part of its efforts to achieve net-zero emissions by 2060, central bank officials said on Tuesday.The green finance industry in China needs to learn from the asset management experiences of foreign investors, such as multinational pension funds and insurance companies. Large capital injections are also needed to finance many green and low-carbon...

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关晓萌
Feb 13
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Xi, Biden talk on eve of holiday

Xi, Biden talk on eve of holiday

By ZHAO HUANXIN in Washington |chinadaily.com.cn |Updated: 2021-02-11 10:38Chinese President Xi Jinping spoke by phone with his American counterpart Joe Biden on the eve of the Lunar New Year celebration, kicking off the top-level exchange between Beijing and Washington three weeks into the new US administration.The two presidents exchanged Chinese Lunar New Year greetings along with views on bilateral relations and major international and regional issues, according to a release from China's Foreign Ministry on Thursday.Xi once again congratulated Biden on his inauguration as US president...

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赵思远
Feb 12
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Muslim area offers Spring Festival delights

Muslim area offers Spring Festival delights

Ox Street's food stores attract long linesAt 7:30 am, Ox Street, known in Chinese as Niujie Street, in downtown Beijing was bustling with people rushing to work and shop.On the east side of the street, two long lines formed outside a food store 30 minutes before it opened, while on the west side, more people waited patiently for other food shops to begin business.These scenes took place on Feb 1, just 10 days before Lunar New Year's Eve, which this year falls on Thursday.People living in the Chinese capital have a wide range of options when it comes to buying food for the Spring Festival...

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关晓萌
Feb 9
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More Lhasa residents shopping online for New Year

More Lhasa residents shopping online for New Year

In the days leading up to China's Lunar New Year, the start of Spring Festival, and Losar, the Tibetan New Year, which both fall on Friday, many residents of Lhasa, capital of the Tibet autonomous region, have chosen to shop online to avoid the risk of coronavirus infection.A citywide online shopping festival, which started on Sunday, has added impetus to that.The Lhasa Bureau of Commerce, organizer of the shopping festival, said the city's seven major shopping malls are offering a variety of discounts on their apps and social media accounts."Online orders have been soaring," said Phuntsok...

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关晓萌
Feb 9
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OneSpace launches another private carrier rocket

OneSpace launches another private carrier rocket

The OS-X6B suborbital rocket, developed and made by OneSpace Technology, blasted off from a launch site in China's northwest at 17:05:05 on Friday.With a length of 9.4 meters, the rocket Chongqing Liangjiang Star flew about 580 seconds and traveled 300 kilometers above the earth.The test load was successfully separated and the entire flight was normal. This launch successfully completed a number of key technology verification, achieved the greatest possible intelligent measurement, launch and flight, and obtained a large amount of real flight environment data. The test was a complete...

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郭凯
Feb 9
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TCM on front line in battle with virus

TCM on front line in battle with virus

When Zhang Hongchun arrived in Shijiazhuang, Hebei province, on Jan 12, the streets were eerily empty amid a sweeping stay-at-home order due to a spike in COVID-19 cases.On a chartered coach, the 57-year-old raced to the Hebei Chest Hospital in the provincial capital.Awaiting the eminent traditional Chinese medicine therapist were rows of isolation wards filled with novel coronavirus patients.He quickly saw a pattern-and then a strategy."One-third of them were seniors and children," said Zhang, an asthma and chronic bronchitis specialist at China-Japan Friendship Hospital in Beijing. "The...

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郭凯
Feb 8
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Report: China, US computing power gap shrinks

Report: China, US computing power gap shrinks

sChina shrank its gap with the US in computing power according to an assessment report on 2020 global computing power co-released by Inspur and IDC in Beijing on Thursday.The US scored 75, ranking first, followed by China with 66, Japan with 55, Germany with 52, and the UK with 47. The report said although there are still gaps in terms of computing efficiency and application level between China and the US, the gaps are shrinking for all indicators as China is growing faster than the US. China's artificial intelligent computing power has been in world's leading position.The report found...

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于小明
Feb 5
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Chongqing hospital makes a breakthrough in discovering another GPS system in the brain

Chongqing hospital makes a breakthrough in discovering another GPS system in the brain

Chongqing- A hospital based in Southwest China's Chongqing has made a breakthrough in discovering another GPS system in the brain, according to a paper published recently.The team of Professor Zhang Shengjia from the Department of Neurosurgery at the Second Affiliated (Xinqiao) Hospital of Army Medical University in Chongqing published a paper online titled A novel somatosensory spatial navigation system outside the hippocampal formation in Cell Research, a sister journal of the internationally renowned magazine Nature.Since the classic spatial positioning system mediated by the...

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陈子琰
Feb 4
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Smart helmets swiftly screen possible COVID cases

Smart helmets swiftly screen possible COVID cases

As the Chinese Lunar New Year approaches, pandemic prevention and control patrols in the Xujiapeng area of Wuhan, Hubei province, have been on the job 24 hours. But now they have new high-tech tools: helmets that can detect fevers, even in large groups of people.To assist community workers, the smart helmets, known as N910s, are being used in three residential communities in Xujiapeng.The smart helmets will alert the wearer if a temperature reading is out of the normal range."Using smart helmets, our patrol can safely and quickly check the temperatures of people without touching them, which...

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陈子琰
Feb 3
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China's industrial robot production up 19.1% in 2020

China's industrial robot production up 19.1% in 2020

sChina's industrial robot production rose 19.1 percent year-on-year to 237,068 units last year, data from the Ministry of Industry and Information Technology showed.In 2020, China's major industrial robot makers above a designated size raked in 53.17 billion yuan ($8.24 billion) in operating revenue, up 6 percent from a year earlier.During the same period, their profits fell 26.9 percent year-on-year to 1.77 billion yuan, and the decline was 24.4 percentage points narrower than that in the first three quarters.In December alone, the country produced a total of 29,706 industrial robots, up...

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张洁
Feb 2
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Xinjiang targets transportation

Xinjiang targets transportation

Five-Year Plan continues trend that has brought 'profound changes' to regionThe Xinjiang Uygur autonomous region plans to further boost investments in key transportation infrastructure, including highways and airports, during the 14th Five-Year Plan (2021-25). It will also improve the facilities in core economic zones at border areas so the region will open up more under the Belt and Road Initiative, the region's chairman said.Poor transportation and issues with water conservancy and energy infrastructure have always been key obstacles in the economic and social development of Xinjiang,...

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江巍
Feb 2
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Report: Xinjiang textile workers' rights protected

Report: Xinjiang textile workers' rights protected

The cotton textile enterprises in the Xinjiang Uygur autonomous region all understand the importance of responsible business conduct and have increased supply chain transparency, a social responsibility report on the industry said.As China's top cotton growing region, Xinjiang has boosted its labor-intensive textile industry since 2014 to create more job opportunities for local people, especially women. The industry plays an important role in creating jobs and increasing people's incomes and social status, said the report, which was released by the Xinjiang Textile Industry Association on...

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赵婷婷
Feb 1
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China bucks the global luxury market trend

China bucks the global luxury market trend

sChina has become the only country in the global luxury market to experience positive growth last year, CCTV reported on Sunday.The luxury consumption in the Chinese mainland is expected to buck the trend to report a 48 percent yearly increase to 346 billion yuan ($53.5 billion) in 2020, while the transaction volume of global personal luxury market witnessed a 23 percent drop year-on-year.For the first time, Chinese mainland has become the world's largest market for Swiss watch exports last year. And China is projected to become the world's largest luxury market by 2025, the report...

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张洁
Feb 1
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