Real Estate Tycoon Donates Overseas
Pan Shiyi, Chairman of SOHO China, one of the country's leading real estate enterprises, donated $10 million to Yale University together with his wife Zhang Xin
'Foxhunter'
Liu Jinguo, Vice Minister of Public Security, is elected deputy secretary of the Central Commission for Discipline Inspection of the Communist Party of China (CPC), during a plenary meeting of the CPC top discipline watchdog

"We'll never slacken the efforts to deepen the fight against corruption in the army."

Chinese President Xi Jinping, calling for strict self-discipline in the country's armed forces at a conference held on October 30-31 in Gutian, southeast China's Fujian Province

"The U.S. Federal Reserve announced the tapering plan one year ahead, so the effect has already been absorbed. This demonstrated the Fed's responsible attitude."

Song Ke, a researcher with the International Monetary Institute at Renmin University of China, commenting on the U.S. Federal Reserve's recent decision to put an end to its quantitative easing program

"With easier access to mortgages and greater availability, at least 30 percent more home buyers will jump into the property market because upgraders, who are shopping for better properties, are able to enjoy the same mortgage benefits as first-time buyers."

Zhang Dawei, chief analyst at real estate agent Centaline Property, talking about China's recent loosening of its mortgage policy

"Air pollution is a regional problem—one that will require factories in Beijing as well as its surrounding provinces to work together to reduce pollutant emissions."

Ma Jun, Director of the Institute of Public and Environmental Affairs, a Beijing-based non-profit organization, calling for concerted efforts to improve air quality in the capital ahead of the APEC Economic Leaders' Meeting

Fewer Death Penalties

Global Times

October 28

China's lawmakers are mulling over removing death penalties for nine crimes, including smuggling weapons and nuclear materials as well as fraud. This move would bring the total number of capital sentences down from 55 to 46. The draft amendment to the Criminal Law was submitted to the Standing Committee of the National People's Congress for a first reading during the legislature's bi-monthly session.

The Mysterious Neighbor

China Newsweek

October 27

As ancient Oriental civilizations located respectively on the north and south side of the Himalayas, China and India share many similarities. They both have a population of over 1 billion, hold enormous potential for economic development, and their respective military powers have both been consistently on the ascension.

However, despite their similarities, for many Chinese, India remains a strange and, culturally if not geographically, distant land. The Chinese people's understanding of India has been of late limited only to reports about numerous recent rape cases in the country, Sino-Indian border disputes and President Xi Jinping's visit to the country in September. Their impression of India is mainly derived from movies such as Slumdog Millionaire. In 2013, the number of Chinese tourists to India was just over 1 million.

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Return From the Moon Researchers retrieve the return capsule of China’s unmanned lunar orbiter in the central region of north China’s Inner Mongolia Autonomous Region on November 1 (JU HUANZONG)
Traffic Control An odd-even license plate policy for cars, including those from outside Beijing, is put in place from November 3 to 12 (LI WEN)
Anti-Corruption Agency
China will establish a new anti-graft body to put further pressure on corrupt officials
More Students Abroad
The government-sponsored China Scholarship Council will send 25,000 students abroad next year, 17 percent more than in 2014
Quantum Network
China will build a global quantum communication network by 2030
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Preparing for a Harvest A consumer picks corn seed at the Liaoning Shenyang Seed Trade Fair (YAO JIANFENG)
Twilight Years That Sparkle An old lady tests out an intelligent lift chair at the 2014 China Senior Citizen Exposition held in Nanjing, Jiangsu Province, from October 31 to November 2 (WANG XIN)
Moderate PMI
Activity in China's service sector continues to moderate in October, with the PMI for the non-manufacturing sector sliding to its lowest point since January
Information Sharing
Chinese courts and banks will establish an information sharing system to punish court order defaulters and facilitate enforcement
Reassuring Car Owners
China's quality watchdog demands joint-venture FAW-Volkswagen submit new materials to verify the effectiveness of a latest recall due to defective rear axles
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Yu Fenghui
Financial commentator

A growth pattern largely driven by government spending and loose monetary policies cannot be sustained.

The good news is that the huge success of Alibaba, Baidu and Tencent, China's three leading Internet companies, has offered the country a chance to transform its economy to be as much driven by technological innovation as it is in the United States.

 
  • SWEDEN
    Foreign Minister Margot Wallstrom answers journalists’ questions at a press conference in Stockholm on October 30, after the Swedish Government announced its decision to officially recognize the state of Palestine, becoming the first country to do so in the EU (XINHUA/AFP)
  • COLOMBIA
    Family members of 12 trapped miners who were presumed dead cry outside a flooded coal mine in the municipality of Amaga, Antioquia Department, on October 31 (XINHUA/AFP)
  • ROMANIA
    Prime Minister and candidate of the center-left coalition Victor Ponta and his wife Daciana Sarbu cast their ballots at a polling station in Bucharest on November 2, on the first round of the presidential election (XINHUA/AFP)
  • AUSTRALIA
    Army chiefs from Australia and New Zealand attend the Albany Convoy Commemorative Event in Albany on November 1, marking the 100th year since their first convoy of troops left for the battlefields of World War I (XINHUA/AFP)
  • BRITAIN
    A man drives passengers in his 1903 L’Elegante sports car across Westminster Bridge in London on November 2, as he took part in the London-to-Brighton Veteran Car Run, an annual event since 1896 (XINHUA/AFP)
  • BELGIUM
    Russian Energy Minister Alexander Novak (left) and Ukraine’s Energy and Coal Industry Minister Yuri Prodan shake hands after signing an EU-brokered gas agreement in Brussels on October 30, under which Russia will resume gas deliveries to Ukraine through the winter to March (XINHUA/AFP)
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