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The inside scenery just looks like a world of fairy tales.
Take a view of the scenery of an ice cave in Luyashan Mountain.
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    Outbound cash flow slows in June

    Controls start to work, as 1st half total fell 46% from a year earlier

    China faces less pressure from capital outflows, according to data released by its currency regulator on Thursday, and economists said the situation may continue to improve in the second half of this year.

    China’s banks sold a net $93.8 billion of foreign exchange to clients in the first six months of this year, down 46 percent year-on-year, according to data released by the State Administration of Foreign Exchange.

    The foreign exchange savings by individuals dropped by $1.7 billion in the first half of the year, compared with a rise of $12.9 billion in... Read more

    Ma coaches African entrepreneurs

    Jack Ma, the founder and executive chairman of Alibaba Group, encouraged young African entrepreneurs and small businesses to take part in global trade on Thursday during his first visit to the continent. He spoke with the entrepreneurs in Nailab, the technical incubator in Nairobi. Ma also is a special adviser for young entrepreneurs and small businesses to the United Nations Conference on Trade and Development. "I come... Read more

    Keep eye to future, Xi urges

    Embrace tech, president tells military leaders President Xi Jinping urged Chinese military institutions on Wednesday to recruit and train top-level professionals and to develop world-class theories and technologies. Xi, also chairman of the Central Military Commission, said well-educated personnel, good theories and advanced technologies are essential to building a top-class military. He said science and technology determine military combat capabilities so the People's Liberation Army must make... Read more

    China, US applaud Comprehensive Economic Dialogue

    Senior Chinese and US government officials spoke positively of their first Comprehensive Economic Dialogue (CED) in Washington on Wednesday after they reached a wide consensus. Chinese Vice-Premier Wang Yang, US Treasury Secretary Steven Mnuchin and US Commerce Secretary Wilbur Ross co-chaired the meeting held at the US Treasury Department, where the two sides discussed bilateral trade and investment, the 100-Day Action Plan and One-Year Plan,... Read more

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