China's top political advisor Yu Zhengsheng Monday pledged to further efforts to contribute to the deepening of the country's reforms in a comprehensive manner.
China's new "baby boom" is not of the demographic variety. New financial systems and products are being born everywhere, bringing trouble to some and great expectations for many.
Yu'E Bao (Leftover Treasure), an Alibaba personal finance product, now has 49 million users with aggregate deposits of 250 billion yuan (41 billion U.S. dollars).
A rush by China's big Internet companies, such as Alibaba and Baidu, into online finance in the second half of 2013 is altering the landscape of China's financial sector in a dramatic and unprecedented way, industry insiders have said.
Currency fund Tianhong Zenglibao has become the first fund in China to hit 100 billion yuan (16.30 billion U.S. dollars) of sales thanks to its cooperation with Yu'ebao, Alibaba's wealth management product.
Riverside Scene During the Qingming Festival is one of the most renowned works in Chinese paintings. The city life of China's Song Dynasty is vividly depicted on the long scroll using cavalier perspective.
The newly-elected leader of the Chinese People's Political Consultative Conference pledged Tuesday to promote consultative democracy, saying that it embodies the intrinsic requirements of socialist democracy.
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