The Shanghai branch of the People's Bank of China, or the central bank, issued a briefing earlier this month, saying illicit acts including illegal fundraising, absorbing public deposits, financial fraud and pyramid sales could exist behind the scenes.
The Trump administration has challenged the authority of the World Trade Organization and adopted many punitive trade remedy measures that violate WTO principles, including initiating a Section 301 investigation into China's intellectual property policy and practice.
The Sonata plug-in hybrid electric vehicle (PHEV) models would have both an internal combustion engine and an electric motor.
The Seventh Lu Xun Literature Prize announced its final winners for 2014-17 on Saturday in Beijing.One of the country's top literary prizes, it was established to honor Lu Xun, the celebrated Chinese author active in early 20th century who is considered a forerunner of modern-day Chinese language and literature. His A Madman's Diary, published in 1918, is the first novel written in the modern Chinese vernacular.Thirty-four individuals claimed awards among seven categories: novellas, short stories, reportage, poems, essays, theoretical reviews and literary translations.The winners this year included the Sichuan-based Tibetan writer A Lai with his novella The Fairy Ring. Li Juan's collections of essays on farming life in the Altay areas of northern Xinjiang Uygur autonomous region are loved by many, and were selected from some 200 candidates to win as one of the five for best essays.For reportage, the winners include Li Chunlei for retelling the friendship between President Xi Jinping and Jia Dashan, as well as Xu Chen for recording the country's homegrown manned deep-sea research submersible Jiaolong.Writer Feng Jicai won for his collection of short stories."I'm glad that I got recognition from readers once again when I picked up writing after 20 years of work in protecting cultural heritage," Feng said through his post on a WeChat public account. "Writing itself is a beautiful spiritual experience, and also provides opportunities for exchanges with others."Li Jingze, the veteran critic, writer and vice-chairman of the China Writers Association who is also director of the prize's judging panel, was quoted by the Wen Yi Bao (The Literature and Arts News) as saying the prize showcases the achievements of Chinese writers in the past four years, and how their works reveal details that have formed China's stories and spirit in the present day.Literary translation has always been strengthened by the prize, because Lu Xun was a notable translator of mainly Japanese and Russian works, and had finished a version of Nikolai Gogol's Dead Souls. This year, the winners of the translation award were four works, each translated from a different language: Spanish, French, Italian and ancient Latin."The Complete Collection of Horace was translated by Li Yongyi directly from ancient Latin. It's the first of its kind in the country. Meanwhile Wang Jun translated Italian Renaissance poet Ludouico Ariosto's Orlando Furioso in the style of traditional Chinese opera, making an inspiring attempt," said Lu Jiande, veteran scholar and translator from the Chinese Academy of Social Sciences.The first Lu Xun prize came out in 1997 for outstanding works published in 1995-96, and since then the literary honor has followed a three-year cycle.However the prize has faced controversies in the past surrounding some poetry winners and judging issues.The Literature and Arts News reported that the judging panel has revised its rules for evaluating works based on past experiences and problems.
The Tesla China user data and certification service will be moved to China from the United States, Shanghai Securities News reported on Tuesday.
The State-owned company said in August that its Shanghai-listed unit plans to raise funds from more than a dozen major investors with 35.19 percent of shares, including Tencent Holdings Ltd, Baidu Inc, and Alibaba Group Holdings Ltd. The move is part of China's broad push to revitalize State-owned companies with private money.
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The Shanghai-based carmaker said Saturday it sold 433,000 vehicles in April, up 0.5 percent year-on-year. Of all, 413,000 vehicles were sold in the domestic retail market, a year-on-year increase of 1.3 percent.
The Toyota booth is packed with electrified vehicles, ranging from its first production electric car, a compact SUV called the C-HR EV and an autonomous electric shuttle concept named e-Palette, to its more familiar hybrids and Mirai fuel-cell sedan.
The State Council has approved a plan to deepen pilot projects for the innovative development of the service trade in 28 cities and regions, National Business Daily reported.
The State Council has released a series of policies offering tax cuts and incentives for the development of the country's integrated circuit and software sector. According to customs data, the country imported chips worth 4 billion in 2019, down 2.6 percent on a yearly basis, China Central Television reported on Aug 20.