Taiwan Straits Attempt Successful
Zhang Jian, heading a 14-member team ranging in age from 16 to 50, succeeded in swimming across the Taiwan Straits on August 22 after a four-day journey
Junior Tennis Champion Takes New Title
Xu Shilin defeated her Belarusian competitor and became the women's singles tennis champion on August 24 at the Nanjing Youth Olympic Games

"I would like to announce that the Palestinian leadership has accepted Egypt's call for a comprehensive and permanent ceasefire and we will work on meeting the demands and needs of our people in Gaza."

Mahmoud Abbas, Palestinian President, announcing on August 26 that a ceasefire agreement had been reached in Cairo between Israel and Palestine, putting an end to the seven-week conflict in the Gaza Strip

"This company brings in the most advanced technology. The Tula Regional Government promises to buy these cars."

Vladimir Gruzdev, Tula Governor, speaking on August 24 about the construction of a $520-million auto plant for Chinese private automaker Great Wall Motors in Russia's Tula Region

"Armed forces from neighboring countries have entered the interior of China to conduct the drill this time. Without a high level of strategic mutual trust, this kind of drill could never be held."

Meng Xiangqing, a professor with the National Defense University of the People's Liberation Army, commenting on the Shanghai Cooperation Organization's Peace Mission 2014 exercise on August 26

"When I was on the track, there was a lot of applause, so I felt really excited. I didn't feel any pressure. I just wanted to do my best. I never thought I would be standing on the podium today."

Liang Xiaojing, a 17-year-old Chinese sprinter, speaking after winning the women's 100-meter race on August 23 at the Nanjing Youth Olympic Games

Mental Illness, a Cause for Criminality

China Newsweek

August 18

Two recent bus arsons—one in Hangzhou on July 5 and the other in Guangzhou on July 15—have stirred up the public's fear of such disturbing incidents.

Criminology studies carried out in many countries have shown that different seasons may give rise to different types of crimes. Violent crimes and sexual assaults, for example, are more likely to surge in the heat of July and August. However, the possibility that someone might commit a crime is more likely related to his or her mental state.

Global Economic Governance

World Affairs

September 1

"Global economic governance" is a new concept put forth in recent years. In 1944, the Bretton Woods Conference established a postwar international economic order and gave birth to three global economic stabilizers: the International Monetary Fund, the General Agreement on Tariffs and Trade, and the World Bank, which combined took charge of global finance, trade and development. At present, the three organizations are still playing important roles in the international economy. However, to address new problems that could not be properly solved under the old order, the concept of global economic governance has come into being.

Move for Cranes Red-crowned cranes in Zhalong National Nature Reserve in Heilongjiang Province are fed on August 17 (WANG SONG)
Stage for an Ancient Art An art festival of Shaanxi Opera kicks off in Yinchuan, Ningxia Hui Autonomous Region, on August 25. Eleven Shaanxi Opera troupes from five provinces took part in the festival. (WANG PENG)
Against Corruption
China's top prosecuting body on August 26 announced new measures to stem judicial corruption in granting parole or commutation of prison terms
New Desktop Version
China's homegrown operating system (OS) is expected to release a desktop version in October, according to a senior IT scientist on August 24
Permits Trading
China's State Council has published a guideline to promote the purchase and trading of emissions permits in regions piloting the scheme
Bound for Africa A streetcar sails into the platform at an off-line ceremony in the passenger car manufacturing center of CNR Changchun Railway Vehicles Co. Ltd. on August 26 (ZHANG NAN)
Brave New World Guests voice their opinions on the changes and opportunities brought about by the 4G era at the 2014 China Internet Conference opened at the Beijing International Convention Center on August 26 (SHEN BOHAI)
Foreign Hospitals
Private hospitals solely owned by foreign investors will be allowed to open in seven cities and provinces, the Ministry of Commerce (MOFCOM) announced on August 27
Shoring Up Farming
China's central bank has set aside another 20 billion yuan ($3.24 billion) for a scheme designed to funnel credit into agriculture, it announced on August 27
New Nuclear Plant
A nuclear power plant in east China's Shandong Province is expected to go into operation in 2016, the local power company said on August 26
Zhang Monan
A researcher with the State Information Center
In the long run, three conditions should be fulfilled before China opens up its funds market within Asia: first, ordinary investors should feel comfortable investing in both funds and overseas markets; second, savings rates and wealth accumulation should reach a certain quota. Third, China's capital market has to be opened up to the outside world. To date, progress has been made on all three fronts.
    Palestinians celebrate what they called a victory over Israel in Gaza following a ceasefire, in the West Bank city of Ramallah on August 26, the day the ceasefire agreement between Israel and the Palestinians went into effect (XINHUA/AFP)
    Belarusian President Alexander Lukashenko (center) meets with Russian President Vladimir Putin (left) and Ukrainian President Petro Poroshenko in the Belarussian capital Minsk on August 26 (XINHUA/AFP)
    Yemeni men wearing traditional garb perform as part of the Sana'a Summer Festival in Sana'a on August 24 in an effort to revive the country's fledgling tourism industry (XINHUA/AFP)
    Guests attend the annual Diner en Blanc at Nelson A. Rockefeller Park in New York City's Battery Park on August 25. The Diner en Blanc is the world's only viral culinary event, where diners are spontaneously told its location (XINHUA/AFP)
    An Indian model showcases a creation by Australian designers during the Lakme Fashion Week Winter/Festival 2014 in Mumbai on August 22 (XINHUA/AFP)
    The Japanese Ground Self-Defense Forces attend a live-fire drill at the foothills of Mount Fuji in Gotemba city in Shizuoka Prefecture on August 24 (MA PING)
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