FACTS AND FIGURES IN TIBET 2007

Total retail sales figures for consumer goods reached 11.2 billion yuan($1.59 billion)in 2007,up 24.9 percent year-on-year over the previous year.The output growth of Tibet's industry sector hit 2.6 billion yuan($368.8 million),increasing by 17.7 percent from the previous year. Urban per capita disposable income reached 10,720 yuan ($1,521).The average net income of farmers and herdsmen stood at 2,788 yuan($395),up 14.5 percent year-on-year. A total of 697 million yuan($99 million)went toward social causes in the Tibet Autonomous Region,of which 472 million yuan($67 million)was invested in education to build 39 standard     

A Dream Comes True China is creating a fair,sound market environment for private capital By Lan Xinxhen

For three years,Weng Yifeng,President of Rui'an Huafeng Micro-Credit Co.Ltd.in Wenzhou,has dreamed of transforming his small micro-credit company worth 1 billion yuan($157.98 million)into an established bank.In 2008,Weng and several partners set up Rui'an with a registered capital of 200 million yuan($31 million).Limited to granting credit,the company was strictly prohibited from taking deposits,a standard practice at most banks.     

More and More “Mixe-Blood” Chinese Movies

CONTEMPORARY urban film Spicy Love Soup, portraying modem love and lifestyles in Beijing,splashed onto Chinese cinema screens in 1997. Made on a budget of just three million yuan (US$350,000) the movie grossed almost 30 million yuan (US $3.5 million) at the Chinese box office, second only to that year‘s blockbuster, Titanic.     

Cooling Down the Fever

<正>Long-term policies should be improved to facilitate sound and stable development of the property market Meng Fang,a 32-year-old woman,has been searching in vain to buy an apartment in Beijing since early 2015."The price of an apartment that I once planned to buy at 4.5 million yuan($653,000)in 2015 has now soared to 9.3 million yuan($1.34 million),"said Meng.She eventually gave up on buying it     

Cut the Fat

As the Central Government attempts to reduce official spending, the public remains hungry for details China’s Central Government has drawn up a budget of nearly 7.97 billion yuan ($1.29 billion) for official receptions, overseas trips and vehicles in 2013, 126 million yuan ($20 million) less than the amount spent in 2012, following the government’s vow to clamp down on extravagance. Leading by example Hunting for details     

Curtain of Cotton

Anni Guli,a Uygur video blogger from Xinjiang Uygur Autonomous Regiondidn't expect a video she shared online over two years ago to suddenly go viral lastmonth.Anni Guli filmed the video on a cotton farm in Xinjiang in October 2018,during the cotton harvesting season.In the video she showed how a cotton picker worked on the farm."This cotton picker costs 5 million yuan($761,000)and can pick around 300 tons of cotton a day.It is superb,"she said in the video.     

Cooperation Online And Offline

<正>China's largest e-commerce company Alibaba and its leading electronics retailer Suning signed a strategic cooperation deal on August 10.According to the deal,Alibaba will invest 28.3 billion yuan($4.4billion)in Suning,becoming the latter's second largest shareholder.In return,Suning will spend 14 billion yuan($2.2billion)to purchase a maximum of 27.8million new shares in Alibaba.Suning will also open a flagship store     

ECONOMY

<正>Tax Rebates Overseas visitors will soon be able to claim tax refunds on purchases made in Beijing in a move to boost tourism and consumption in the city.Concerned departments of the Beijing Municipal Government are discussing details of the tax refund scheme and it is expected to be implemented later this year,Vice Mayor Cheng Hong announced on April 27.According to the plan,foreign tourists and those from China’s Hong Kong,Macao and Taiwan who have stayed on the Chinese mainland for no more than six months may receive a rebate of 11percent on consumer goods purchased at designated retail outlets.The minimum purchase for a tax refund is 500 yuan($82)at any one store in one day.The Ministry of Finance announced in January that China would expand the tax refund program to spur inbound     

ECONOMY

正Smart Manufacturing Large manufacturing firms with an annual business turnover of at least 20 million yuan ($3.06 million) will have all introduced digitalization by 2035, according to a draft on intelligent manufacturing development issued by the Ministry of Industry and Information Technology (MIIT)for public feedback on April 14.     

’People Power’ Key to Charity Jet Li’s One Foundation outperforms Red Cross Society of China in raising funds for earthquake relief

Jet Li, known in China as Li Lianjie, is relieved to see the effect of the charity model he has advocated, also to the relief of more than 2.3 million people in southwest Chinaa ffected by a recentearthquake. On May 7, Li revealed that his One Foundation had received more than 300 million yuan ($49 million) in donated cash and supplies since a 7.0-magnitude earthquake struck Lushan County in Sichuan Province on April 20.     

From Sandstorm to Desertification

According to a report of the National Forest Ad ministration Bureau, as one of the most influ enced countries by desertification in the world, China suffers an economic loss of 150 million yuan (US$ 18.3 million)every day, not including the     

ROADMAP TO RENEWAL

In Shibadong Village in the central province of Hunan,President Xi Jinping first proposed the policy of targeted poverty alleviation in November 2013.The village shook off poverty in 2017 and is thriving by developing tourism and agriculture.Shi Jinlan,Deputy General Manager of Shibadong Rural Tourism Co.Ltd.,told People’s Daily that in 2019,the village received 400,000 visitors.This was a drastic in crease from 300,000 in 2018,when villagers saw their tourism revenue exceed 3 million yuan($428,000).     

Plotting the Course

正New policies are needed to clarify the future of private education In 1993, Zhang Jieting invested more than 100 million yuan ($15.87 million)to establish the Beijing 21st Century Experimental School, when private schools were still a rarity in China. Over the past two decades, he has expanded his business into a group of 30 schools, including one primary school, one middle school, one college and 27 kindergartens.     

Classic Movie,New Success

正Titanic 3D,a retouched version of the 1997 Hollywood blockbuster,swept the Chinese box office by raking in 500 million yuan($79 million) in the first week(April 10-16) of its release,according to the China Film News. It is a new record high in terms of firstweekboxofficerevenueinChina.Moviegoers have to queue for hours to get a ticket.It took nine days for Transformers to hit this figure     

Album of Classical Landscape Paintings

Name and Specifications: Album of Classical Landscape Paintings by Wang Jian of the Qing Dynasty (10 Pages). Format: 28.8 cm x 21,3 cmMarket Value: Its pre-sale estimate having been fixed at 1.4-1.8 million yuan (US $160,000-200,000), the album actually sold for an incredible 12.65 million yuan (US $1.52 million) at the China Guardian Auctions Company autumn 2004 auction.Wangjian and His Paintings: Wangjian (1598-1677) was a renowned painter of the early Qing Dynasty. Having passed the imperial examinations at provincial level in 1633, the Ming imperial court appointed him prefect of Lianzhou. When Qing     

Passing on Culture

Great efforts are being made to protect customs and folk crafts China has 870,000 intangible cultural heritage items that need protection, and the Central Government has invested 1.79 billion yuan ($262 million) in a series of protection projects     

Hunting the Wild Man

<正>Scientists and volunteers plan a new Shennongjia exploration for Bigfoot After being shelved for many years, a plan to search for the wild man in the Shennongjia forestry district is once again under way. This time, scientists want to raise as much as 10 million yuan ($1.6 million) to employ advanced technology and recruit staff worldwide for the project.     

News-Clips(2023. 02-2023. 03)

<正>February 2023Farmland conversion contributes to global greening China’s conversion of farmlands to forests and grasslands has contributed more than 4 percent to the growth of global green areas, according to a release from the National Forestry and Grassland Administration published on Feb. 3.Since 1999, China has launched two projects returning 14.2 million hectares of farmland to forests and grasslands, with the central government investing more than570 billion yuan ($84 billion) to t...     

Shaanxi Automobile Group Co.,Ltd.—China's Heavy Truck Giant

Shaanxi Automobile Group Co.,Ltd. (formerly Shaanxi Automobile Manufacturing Plant) was originally a weak enterprise. Relying on the reorganization of assets,the introduction of the"Double Best"project and opportunities for development,it has entered the fast track of development by es- tablishing a brand image and implementing a forward-looking strategy.In 1990,Shaanxi Automobile Group Co.Ltd.was a loss- making enterprise with an annual sales of 100 million yuan ($14.1 million).In 2007,its sales income surpassed 10 billion yuan ($1.4 billion),and it was not only listed among China's top 500 companies,but also ranked 37th among the top 500 machinery companies of China and came first in Shaanxi Province     

Questioning Reality

<正>If you were a movie star and had a choice—act in a movie for months for 20 million yuan($3.17 million)or spend half a month shooting a television show with your child for40 million yuan($6.35 million)—the answer’s pretty much a no-brainer.Several celebrities are making that very choice.On August 15,the newspaper