Lazy economy 懒人经济

2018-12-27

According to a report issued recently by China's major e-commerce platform Taobao on so-called lazy person's consumption statistics, this year Chinese people spent 16 billion yuan purchasing commodities and services online. The amount was 70% more than that of 2017, with the post-1995 generation being the "laziest" as their consumption increased 82% year-on-year.

Tsunami 海啸

2018-12-26

A tsunami killed at least 227 people and injured hundreds around Indonesia's Sunda Strait following an underwater landslide believed caused by the erupting Anak Krakatau volcano, officials and media said on Sunday.

退押金 deposit refund

2018-12-26

Over 12 million users of bike-sharing firm Ofo have requested deposit refunds as of Friday, with the company possibly owing in excess of 1 billion yuan to its riders.

加息 rate hike

2018-12-26

The US Federal Reserve raised interest rates on Wednesday and said it was keeping the core of its plan to tighten monetary policy intact even as central bank officials said they would likely slow the pace of further rate increases next year.

累计预扣法 cumulative withholding method

2018-12-26

A new system for calculating individual income tax will take effect from Jan 1, the State Administration of Taxation said Thursday. For residents, tax will be assessed by the cumulative withholding method and paid monthly.

年度汉语字词 Chinese Character and Word of the Year

2018-12-26

"Striving" and "the 40th anniversary of reform and opening-up" have been respectively chosen as the Chinese Character and Word of the Year 2018 in China.

改革开放40周年大会，习近平这些金句振奋人心！

2018-12-26

12月18日上午10时，庆祝改革开放40周年大会在人民大会堂举行。中共中央总书记、国家主席、中央军委主席习近平出席大会并发表重要讲话。在大会上，习近平主席的这些金句振奋人心！

改革开放 reform and opening-up

2018-12-17