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06/18/2012

China’s Social Security Investment Returns Down Sharply

The equity investment returns of China's social security fund decreased sharply in 2011 to 0.84 percent from 4.23 percent in 2010, driving the fund manager to focus future plans on industrial sectors, the annual report of the fund holder said. By the end of last year, the total asset value managed by the National Council [...]

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06/18/2012

Boom in China’s Online Food Sales

Yang Hui, a 29-year-old white collar worker in Beijing, said her next online purchasing plan is to buy some United States-imported pistachio nuts and Yunnan ham, neither of which are commonly seen in the capital city's supermarkets. "Although there are abundant and various types of foods available in supermarkets, the number of imported food and [...]

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06/18/2012

New Policies to Level Balance of Trade

Recent government policies that are expected to lower the tariffs on some raw materials, daily necessities and advanced technology machines and parts have sent positive signals, a senior economist said. "Such measures have indicated a significant shift in the country's trade policy from the long-existing exports-oriented approach to one that favors imports, from trade surplus [...]

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06/18/2012

Astronauts Set to Settle Into Home Away From Home

As Shenzhou IX successfully entered orbit on Saturday evening, China's first female astronaut and two male colleagues started their space journey. What is their life like in space? Chen Shanguang, director of the Astronaut Center of China, said that the environment-control and life-support system in Shenzhou IX and the Tiangong-1 module, a prototype space lab [...]

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06/18/2012

China’s “Twitter” – Weibo Use at Work Poses Dilemma

MORE than half of nearly 500 employers in a recent survey agreed that workers using their microblog at the office lowers their productivity. Fifty-four percent of the employers surveyed by the 51job.com website said frequent pop-up messages distract workers. They also worried that confidential information such as new products might be leaked on microblogs, or [...]

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