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LANZHOU -- Clad in a vintage wool suit vest and brown plaid pants, Yang Le is sorting out apparel and accessories in his soon-to-open secondhand boutique store. The 34-year-old's new shop is nestled on a busy shopping street in Lanzhou City, northwest China's Gansu Province, and mostly sells secondhand clothing such as Japanese flight jackets, European-style umbrella skirts and vintage T-shirts made in the 1980s. Successively opening two boutique stores within four years, Yang has great faith in China's secondary market. The resale economy in China is growing at a rapid pace fuelled by changing consumer attitudes to sustainability and nostalgia. A report published by Shenzhen-based market research company AskCI Consulting Co., Ltd. indicates that revenue of China's secondary market reached 740 billion yuan ($114 billion) in 2018, and the figure was estimated at 1 trillion yuan in 2020. "The young generation cherishes the value of time in a vintage object," said Yang. ... » Learn More about Young hipsters fuel resale economy in China

dealership in New Delhi at Pandav Nagar in partnership with OHM Automotives . With a dealership in the capital city, Omega Seiki hopes to serve the Delhi-NCR region with its products for customers engaged in E-commerce and FMCG deliveries , the company said in a release. Pratap Chandra Sarangi, Union Minister of State for Animal Husbandry, Dairying and Fisheries and Micro, Small and Medium Enterprises, said at the inaugural, "We congratulate team Omega Seiki Mobility for supporting the AtmaNirbhar Bharat mission and progressing in the right direction. Nations across the globe have been spending a large number of resources and funds in crude processing for obtaining the by-products for a century. Electrification is the future of the automotive industry and the sustainable sources of energy will benefit us in the long run.” Uday Narang, chairman, Omega Seiki Mobility, said,” Omega Seiki Mobility is expanding rapidly. We are constantly focusing on increasing the ... » Learn More about Omega Seiki Mobility opens dealership in New Delhi

New Delhi: Magenta Power , a Mumbai-based microgrid power solutions provider, on Wednesday said it has installed its first set of street lamp-integrated electric vehicle ( EV ) chargers at Hindustan Petroleum Corporation’s ( HPCL ) fuel stations in Mumbai and Delhi. It added that the ‘ChargeGrid Flare’ street lamp-integrated chargers are located at HPCL’s at Bandra-Kurla Complex outlet in Mumbai and at Niti Marg in Delhi. “This class of EV charging points are first in India to incorporate within energy-efficient street lamp columns, which will encourage EV adoption for flexible and low-cost charging solutions,” according to the company press release. The charging facility consists of a LED lamp, street light pole and a EV supply equipment enabling online and remote monitoring of the chargers. It also has an automated payment gateway through the ChargeGrid App. The company said that this technology would enable cities to deploy curbside vehicle charging infrastructure ... » Learn More about Magenta Power installs street lamp-integrated EV chargers at HPCL fuel stations

Video Player Close SHANGHAI, March 4 (Xinhua) -- Hotel corporation Marriott International announced on Wednesday that it plans to open over 60 new hotels in China in 2021. The operation of these new hotels, as well as Marriott's existing businesses, will prioritize China's domestic market as international traveling has not fully resumed due to COVID-19. It will cater to holiday travel demands as well as short-distance travel and staycations. The company also plans to incorporate ways to attract younger guests. Earlier this year, the corporation opened a JW Marriott in Shanghai, making Shanghai the first city in the Asia-Pacific region to have 50 hotels managed by Marriott. In 2021, Marriott will not only continue to develop in China's first-tier cities like Shanghai but will further expand its market in other cities as well. For instance, 15 new hotels are planned to be constructed in Xi'an, a famous travel destination in northwest China's Shaanxi Province. "China is ... » Learn More about Marriott plans to open over 60 new hotels in China in 2021

Video Player Close BEIJING, March 4 (Xinhua) -- Leading public health experts from China and the United States called on the world's two largest economies to cooperate in COVID-19 vaccination for a steady recovery at a recent webinar co-hosted by China's Tsinghua University and Washington-based think tank the Brookings Institution. Tsinghua University President Qiu Yong and Brookings President John R. Allen delivered their opening remarks at the online event themed "Fast Track to Recovery: U.S.-China Collaboration on COVID-19 Prevention and Treatment," which was held on Monday. Qiu said Tsinghua is looking forward to working together with Brookings and the global community to facilitate a faster recovery from the pandemic through academic exchanges and research collaboration. "As we enter the period of vaccine distribution, it is vital that we work together to develop and form concrete policy recommendations for the next stage," he said, adding that the rapid development ... » Learn More about World Insights: Chinese, U.S. medical experts discuss cooperation on combating COVID-19

That the Ministry of Human Resources and Social Security is working to draw up a plan for delaying retirement has sparked a heated debate. Vice-minister You Jun said on Friday the ministry will widely solicit opinion to make it as acceptable as possible for all. Delayed retirement means postponing the retirement age, and the advantages of this can be summed up in three ways. It is good for the sustainability of the pension fund system, the stability of the labor supply and the integration of individuals into society to create more wealth. But given other countries' practices, delayed retirement does not necessarily mitigate the heavy pressure rapid aging imposes on a society. Take Japan, for example. With the highest proportion of elderly citizens of any country in the world, it increased the normal retirement age from 50 to 65 in four decades, and the number may reach 70 in the near future. However, Japan is still not able to resolve its pension crisis and labor shortage, as ... » Learn More about Flexible retirement an option for ‘aging society’

This year, the agenda of the National People's Congress, China's top legislature, includes a critical item that is only discussed once every half a decade, a new five-year plan. The 14th Five-Year Plan (2021-25) is bound to be one of the most transformational plans since the founding of the People's Republic of China, as it departs from the emphasis on economic growth and restructuring that was characteristic of past plans to focus on the sustainability of growth and the quality of life. To this end, the 14th Five-Year Plan outlines renewed efforts to close the rural-urban income divide, promote innovation, and move faster toward low-carbon development. These objectives are reinforced by the longer-term perspective ingrained in China's Vision 2035, which lays down the path for China to become a moderately developed country by 2035 and a global leader in innovation. It also foresees domestic demand to be a main driver of future growth under the "dual circulation" development paradigm. ... » Learn More about China’s plan for inclusive future vital for region

The two sessions starting Thursday will discuss the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, which has drawn widespread attention at home and abroad since it was proposed by the top authorities in late October. According to the proposal, China is likely to become a medium-level developed country in terms of per capita GDP by 2035. As President Xi Jinping said in a statement on the proposal: "It is entirely possible for China to meet the current high-income countries' standards by the end of the 14th Five-Year Plan (2021-25) and to double the economic aggregate or per capita income by 2035." Nation on road to achieving target Economists have little doubt that China will become a high-income country, based on current standards, by the end of the 14th Five-Year Plan. According to World Bank criteria, a country with per capita gross national income of $12,535 is defined as a high-income ... » Learn More about China has potential to realize 2035 goal

The world is presently grappling with the adverse impact of the COVID-19 pandemic in the social, economic and political spheres. India can be counted among those nations that have been impacted severely. COVID-19 has affected all sectors. However, there are areas where countries such as India should be more worried about. One of them is education, especially education of the girl child. Around 300 million children across all age groups are reported to be out of school in India now (the number is of the period when all schools were closed) . And as and when schools finally reopen in the country, the number of children returning to class has to be closely scrutinised. The education sector faces the challenges of delivery, especially of pedagogical processes, classroom assessment frameworks, students’ support and teacher-student engagement. Also read | E-learning in India, a case of bad education Realistic assessment is key More than just the numbers, the authorities have to ... » Learn More about The blank pages in India’s online learning experience

Video Player Close BEIJING, March 4 (Xinhua) -- China's development has been advancing in a new historic journey since late 2017, when Chinese President Xi Jinping noted at the 19th Communist Party of China (CPC) National Congress that China's economy was transitioning from a phase of rapid growth to a stage of high-quality development. To forestall and defuse various kinds of risks and proactively address challenges brought by external changes, China needs to focus on taking care of its own matters and improving the quality of development, Xi has said. It is widely believed that this new vision for development, featuring innovative, coordinated, green, open and shared development, benefits not only China, but the world as a whole. "China will work with other countries to build an open, inclusive, clean and beautiful world that enjoys lasting peace, universal security and common prosperity," Xi said in his speech at World Economic Forum Virtual Event of the Davos Agenda in ... » Learn More about Xiplomacy: Xi on China’s pursuit of high-quality development