Mobile payments to foreigners!
Two dominant Chinese mobile payment applications Wēixìn Zhīfù/WeChat Pay (chin. 微信支付) and ZhiFuBao/AliPay (chin. 支付宝), having more than 90% marketplace share1, introduced during the vacation period a large facilitation for foreigners visiting China.
Facilitation consists in launching fresh options to let the usage and handling of abroad bank cards by Chinese mobile payment applications. So far, any foreigner who wanted to make payments utilizing these applications (the basic form of payment in Chinese cities, but besides already in villages...) had to have previously set up an account in Chinese baku and get a local telephone number. For tourists arriving in China for a fewer days, a fewer weeks, it was an impracticable procedure.
Currently, any foreigner arriving in China and having a Visa, Mastercard, Diners Club global or Discover card can run the mobile payment option on his telephone without having to get a Chinese telephone number.
This is simply a immense step forward. Mobile payments, utilized in China since 2010, are a common, dominant form of payment for all purchases as well as in restaurants, hotels, all means of transport, online and offline. For a fewer years, for abroad tourists, the inability to usage mobile payment applications Alibaby or Tencenta was a serious problem for them, but besides an obstacle to the free movement of funds from abroad tourists to (digital) Chinese wallets surviving with tourists and tourism.
Source:
https://new.qq.com/
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1 WeChatPay's application belongs to Tencent technology corp (chin. 腾讯), and AliPay to Ant Group (chin. 蚂蚁集团), a financial subsidiary of giant e-commerce Alibaba (chin. 阿里巴巴).
There's a fresh record.
The evidence belongs to a combustion locomotive. Not just any one, for it is named ‘MaoZe Dong’ (chin), part of the first leader of the People's Republic of China. The present locomotive is already the 5th version of the machine, which went on the railway routes in 1946.
The burnt “Mao” as well as erstwhile versions, apart from a fewer exceptions serving warehouses, drove a full of 12 million kilometres. No accident.
Locomotive Mao is besides known as “Locomotive leader” (chin. “机车领袖”) or “Locomotive” (chin. “火车头中的火车头).
All subsequent versions of the locomotive, from the locomotive to the electrical car, to the current combustion version, led a full of 184 teams of railwaymen, whose slogan was: “The People's Railways service people” (chin. “人民铁路为人民).
In the 1940s, 1950s and 1960s, the Mao Ze Dong locomotives were always at the forefront of exceptional passenger warehouses, which president Mao traveled across the country.
The “Mao Ze Dong” locomotives definitely go back to history. They will be seen on earned retirement in FengTai locomotive station (chin. 丰台) in Beijing.
Source:
https://www.thepaper.cn
Searched stewardesses from mainland China
Cathay Pacific, an airline from Hong Kong, posted on its website a message that she was looking for candidates to work as stewardes. Requirements: origin from mainland China, 18 years old, secondary or higher education, cognition of Mandarin PuTongHua (chin. 普通话), good cognition of English in speech and writing.
Candidates had a chance to win a bonus for debutants of 12,000 HK$ (approx. PLN 6 210). fresh members of the compartment crew in the trial period, after 70 hours, will gain gross monthly 17 000 HK$ (approx. 8 800 PLN). On a permanent contract they will gain 20,000 HK$ (about PLN 10 350) per month.
The full wage of the Cathay Pacific flight attendant consists of a basic salary, allowances for flying hours and time of stay outside Hong Kong.
Source:
https://user.guancha.cn
Chinese shipyards No. 1
In the first half of the year China maintains its dominant position in the world-wide shipbuilding industry. The orders placed in Chinese shipyards this year represented 67.2% of all orders for fresh units worldwide in terms of gross tonnage.
The second place included South Korean shipyards (29.4%) and the 3rd was nipponese (17.5%).
In the first half of that year, 47.3% of fresh ships were launched in China, 28.6% in South Korea, 14.9% in Japan.
During the same period, Chinese shipyards donated 46.8% of their units, Korean 32.9%, nipponese 9.1% on a global scale.
The shipbuilding manufacture is simply a capital intensive industry, based on many fresh technologies, requiring the engagement of a large workforce.
The east Asian region has become a global centre of shipbuilding in more than 30 years.
According to information published by the United States Naval Intelligence, the Chinese shipbuilding possible (capacity to produce ships and ships) is about 200 (DWUSTU) times greater than the American potential.
Source:
http://blog.eastmoney.com
https://companies.caixin.com
Remuneration in digital currency
A branch of the Central People's Bank of China (chin. 中国人民银行广州分行 ) in GuangZhou (Canton, capital of the confederate state of GuangDong) reported that he had agreed that in MeiZhou town (chin. 梅州) with a population of 3.858 million, wages were paid in a digital yuan (e-RMB).
This is the first specified case in GuangDong. In the town of ShenZhen, which has been in the same state for over 3 years, the usage of this form of currency for different types of payments is tested in the form of many pilots. akin experiments are conducted in 10 another cities throughout China. Digital yuan is gradually becoming a means of payment in trade, in service-related settlements, all thanks to the universal usage of electronic mobile payment applications in China.
Source:
http://news.cnr.cn
Term deposits “wealth management”
The Bank Asset Management Registration and Trusteeship Centre (银行业理财登记托管中心) published a half-yearly study on the current state of the Chinese marketplace for forward bank deposits.
According to the report, in the first half of this year the number of investors with deposits proposed in “wealth management” programmes is 104 million. This is about investments for amounts starting with 100 1000 yuan (about PLN 59 thousand).
It follows that only 7.3% of the Chinese population have accumulated crucial assets, allowing the usage of specified austerity programmes. The study besides confirms the old saying that “money makes money”. The products offered in the “wealth management” programmes allowed investors to gain a full of 331 billion RMB (about PLN 186.72 billion). The average profitability of these products was... 3.39% a month.
Source:
http://finance.ce.cn
Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China
Email: [email protected]
Editorial: Leszek B.
Email: [email protected]
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