The push into the Malaysian market highlights Tencent's ambition to capitalize on a growing number of internet-savvy users who are getting used to making payments by phone. Tencent wants to vie for a bigger slice of the overseas markets wherever the Chinese tourists and the diaspora have a growing presence.
The reason is that the system is based on a person's hukou, or household registration, which means medical costs incurred away from home can only be reimbursed in the place where a patient's hukou is registered, usually their hometown.
The quickened growth in industrial production and sales and the moderate drop in the factory-gate prices of industrial products led to the expansion of profits in June, according to Zhu.
The province's FTZs, formally established in April 2015, include Nansha in Guangzhou, the provincial capital, Qianhai in Shenzhen and Hengqin in Zhuhai. More than 250,000 new companies have registered in the region since their establishment, according to the FTZ authority. Moreover, a total of 70 companies from the top 500 in the world have established more than 300 production facilities and subsidiaries in the zones.
The provincial water resources authority said the level of the Xiangjiang River, a major tributary of the Yangtze River, has dropped to 39.07 meters in Changsha, down from a record-high 39.44 meters on Sunday.
The public is encouraged to join the supervision, and irregularities will be punished severely.
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The provincial meteorological bureau said a cold front will sweep across Shaanxi from Tuesday to Thursday, bringing snowstorms.
The reform will enhance flexibility of the renminbi exchange rate, and the rate should play a role as an "automatic stabilizer" of economic growth and the balance of international payments. Regulators should ease controls on cross-border usage of the renminbi, following market rules, and renminbi internationalization should be a "natural tendency", he said.
The real payment of AUM of PE firms and privately offered funds rose to 10.21 trillion yuan (.56 trillion) by the end of August, the Asset Management Association of China (AMAC) revealed.
The provincial parliament of Ontario is the first regional legislature in the West to officially designate a day for commemorating the victims of the Nanjing Massacre. This is due to the constant efforts of Chinese-Canadians as well as others with good will. With more people becoming aware of the Nanjing Massacre, increasingly more regions and provinces in Western countries are expected to pass similar motions in the future.