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Online travel agency Ctrip.com says the demand for customized trips to Europe has increased by 130 percent year-on-year, and the average cost per person is 2,500 yuan (5; 320 euros; £285) per day - much higher than the overall market growth rate and spending standards.

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Other regions in the north will be persuaded to phase out the use of inferior coal, which is widely used in rural areas due to its low cost.

Ontario MPP Soo Wong makes a statement to mark the first Nanjing Massacre Commemorative Day in Ontario - which was brought by her Motion 66 - on Dec 13, 2017 at the Legislature in Toronto. NA LI / CHINA DAILY

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Other authors slated to attend the event include Mia Couto from Mozambique, Alvaro Enrigue from Mexico, Izabella Kaluta, an author, editor and publisher from Poland, and Catherine Morris from the Times Literary Supplement in London.

Only one out of the nine peer-to-peer lending companies in China might be able to survive as top financial regulators are stepping up the pace of scrutiny to curb risks caused by the massive unregulated sprawl in the past few years.The central government plans to maintain "pressing posture of severe attack" to clamp down on activities violating laws and regulations in internet finance, extending the ongoing nationwide crackdown for another year, Pan Gongsheng, deputy governor of the People's Bank of China, the central bank, said during a meeting on Monday.The two-year cleanup of the industry was necessitated by a series of scandals that saw investors lose huge amounts of money.His comments echoed earlier remarks by Sun Guofeng, head of the research institute of the central bank, who warned that financial risks are now spreading from traditional sectors to the emerging fintech sector, increasing the risks associated with online cross-region loan operations."Regulators at local levels should adopt new technology such as cloud computing to enhance capabilities in protecting against and resolving cross-market financial risks," he said, during the Bund Summit on Fintech held over the weekend.Having witnessed growth at breakneck pace for years, large number of peer-to-peer lending companies have reaped profits as the nation has "no appropriate regulation in place," according to Huang Yiping, head of institute of digital finance of Peaking University .Many companies may find it hard to survive in the coming months amid the strong push to clean up the sector coupled with pressure from the recent liquidity crunch and an expected large amount of withdrawals.But some experts consider such a scenario expected and normal."The number of companies may shrink to only around 200 to 300," said an expert with a leading internet finance institute, who preferred to remain anonymous.Of the more than 6,000 online lending platforms, only around 1,800 were still in operation at the end of June, according to Online Lending House, an online lending data provider.Internet finance will remain a feasible option to match investors and borrowers, but there should be a transition after the industry expanded at fast pace for long, according to Tang Ning, CEO of CreditEase."Investors should also make a switch while making investments-from past addition to short-term, high yielding products to building long term, balanced portfolios," he said.

Online supermarket platform JD Super said that during the 618 midyear shopping festival on the JD website on June 18, liquor sales surpassed 100 million yuan in just one minute and 4 million cans of beer were sold within 30 minutes. Xige Estate was among the top 10 wine brands for the festival.

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Operating income also increased, helping once again to bolster the profitability of its sprawling retailing parent. AWS took in .3 billion in operating income during the quarter, while Amazon as a whole reported operating income of .1 billion.

Organized by the Ministry of Science and Technology in China and the Shanghai government, the event features more than 10,000 technological innovation needs in China and over 500 global technological achievements to be transformed.

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Online spending has expanded fast in China, with retail sales surging 30.1 percent year-on-year to reach 4.1 trillion yuan in the first half of last year, according to the China E-Commerce Research Center.

Other brands that made the list include:?JCPenney, Olympus,?Martha Stewart Living magazine,?Volvo, the WNBA, Leap Wireless,?Mitsubishi Motors?and Road & Track magazine.

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