CEO Resigns
Ma Yun, also known as Jack Ma, officially steps down as CEO of e-commerce giant Alibaba Group Holding Ltd.. He will stay on as the company's chairman
Official Under Investigation
Liu Tienan, Vice Minister of the National Development and Reform Commission is under investigation by the Party's disciplinary commission, the Ministry of Supervision revealed on its website

"Male nurses are expected to be very popular in the future job market considering their small number and huge market demand."

Cheng Gen, a member of the Chinese Nursing Association in charge of male nursing related work, on May 12, International Nurses' Day

"Each government department should continuously disclose information that the public can question instead of ignoring concerns and hiding vital details. The more information authorities disclose, the fewer misunderstandings and rumors there will be."

Cheng Manli, a professor at Peking University, calling for better government information disclosure, on May 12

"I cannot separate myself from Taobao (a major consumer-to-consumer portal in China) now. It is becoming a lifestyle, or it is life itself."

Mei Xiao, a civil servant in Wuhan, Hubei Province, discussing online shopping on May 9

"In the past, nearly 90 percent of graduates could find a job six months after graduation, but I'm afraid the figure may only be 86 percent or so if the economy does not rebound in the latter half of the year."

Zhang Yi, an expert in labor economics at the Chinese Academy of Social Sciences, on May 14. As of April 19, only 28 percent of college graduates in Beijing had signed employment deals

Safety Education Urgently Needed

Legal Daily
May 13

On May 11, five second-year students from a middle school in Luoyang Town of south China's Guangdong Province drowned in a river while barbecuing on its banks. When one accidentally fell into the river, the other four students linked hands in an attempt to rescue their friend, but subsequently fell in too and succumbed.

4G Is Coming

Caixin
May 6

Minister of Industry and Information Technology Miao Wei said the country might issue fourth generation (4G) mobile network licenses to domestic telecom operators by the end of 2013.

In the cold winter of the telecom industry, developing 4G is believed to bring great benefits to telecom operators.

At present, among China's three telecom providers, only China Mobile offers 4G services. It has already set up 4G networks for trial use in 15 cities.

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Lottery Sales Boom A man checks his lottery ticket in Xinjiang County, Shanxi Province. China’s lottery ticket sales rose 21.1 percent year on year to 28.56 billion yuan in April, according to data released by the Ministry of Finance on May 15 (GAO XINSHENG)
Baaah-reakthrough Tianjiu, a sheep that survived 62 days with an artificial heart implant using cutting-edge aerospace technology, shows off at a press conference in north China’s Tianjin on May 13 (ZHANG CHAOQUN)
Job-Hunting Support
The Central Government outlines measures to help college graduates in their job hunts amid this year's grave employment situation
'Left-behind' Children
Nearly 100 million rural Chinese children's parents work in cities, according to a special report released by the All-China Women's Federation
New Media
China has the world's largest new media market, highlighted by the country's growing Internet penetration and a vibrant range of new media applications
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Financing Innovation Two students from Tianjin University tested remote controlled planes in a lab on May 15, when four hi-tech companies inked an agreement with Tianjin University, pledging to help students start their own businesses (LI XIANG)
Ripe and Ready Workers from the Fuyuan Cooperative in Ninghe County, Tianjin, load fresh peaches in a greenhouse.The Fuyuan Cooperative uses organic fertilizer to grow peaches that are better tasting and healthier to eat (REN LIHUA)
Global Investment
Half the global stock of capital, totaling $158 trillion yuan, will reside in the developing world, compared to less than one third toda, according to a World Bank's report
Shanghai Free Trade Zone
City planners in Shanghai have set aside 28 square km in Shanghai's Pudong District for a free trade zone
Tencent's Outperformance
Tencent Holdings Ltd., China's largest Internet company by revenue, releases strong first-quarter results and posts high growth in app subscriber numbers
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Annual Reports Mirror China's Macroeconomy
China's stock market is not a barometer of its macroeconomy
Sale Surge
German auto giant Volkswagen's passenger car sales in the first four months of 2013 rose 5.3 percent, thanks to strong demands from China and North America
Overseas Expansion
The China National Machinery Import and Export Corporation will establish more overseas subsidiaries in 2013 with Africa as a key market
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  • PANAMA
    Andres Gardin, 64, drags two cars with his teeth during a public exhibition in Rio Alejandro, 85 km north of Panama City, on May 10 (XINHUA/AFP)
  • THE UNITED STATES
    An X-47B unmanned drone flies over the USS George H.W. Bush off the coast of Virginia on May 15. It is the first time an aircraft carrier has successfully catapulted such an aircraft from its flight deck (XINHUA/AFP)
  • IRAQ
    Kurdistan Workers' Party (PKK) fighters greet their comrades arriving in the northern Iraqi city of Dohuk on May 14. The PKK, an anti-Turkish Government force for more than 20 years, is withdrawing its fighters from Turkey to push for peace (XINHUA/AFP)
  • RUSSIA
    An honor guard marches at the Red Square in Moscow on May 9 during the Victory Day parade, held every year on the anniversary of Russia’s defeat of Nazi Germany in World War II (XINHUA/AFP)
  • AUSTRALIA
    The Skywhale, a 34-meter-long, 23-meter-high hot-air balloon, on a test flight near Mount Arapiles in Victoria on May 10. The hot-air balloon was commissioned to celebrate the centennial of Canberra, capital of Australia (XINHUA/AFP)
  • PAKISTAN
    Supporters of Nawaz Sharif, former Prime Minister and head of the Pakistan Muslim League-Nawaz, carry portraits of the leader as they celebrate their party’s parliamentary election victory in Lahore on May 12 (XINHUA/AFP)
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