Acclaimed Director
Hong Kong film director Wong Kar-wai's hit The Grandmaster becomes the biggest winner at the 33rd Hong Kong Film Awards, taking home 12 prizes
Screenwriter Claims Rights
In an open letter posted online, renowned Taiwanese scriptwriter Chiung Yao claims that mainland scriptwriter and director Yu Zheng's latest TV drama plagiarizes her 1993 work

"Years of research and practice show that a lifestyle change could reduce people's chances of developing the more common cancers like that of the lung, breast, stomach, esophagus and colon."

Zhang Jianshu, Deputy Director of Beijing Health Campaign Committee, commenting on his committee's study showing that cancer has been the primary cause of death in Beijing for seven consecutive years

"It's a good story and a good play. Despite being a Chinese story, I found it very close to us, and I thought, let's do this one."

Oriol Broggi, director of a play adapted from the Chinese tale The Orphan of Zhao, which is currently being shown at the Teatre Romea in Barcelona, Spain, talking about his inspiration

"Every time I got kicked out when the bookstore closed, I felt frustrated. Now, I finally have a place to read to my heart's content. My husband and I will invite friends to read together at night."

Li Ying, a customer at the Beijing-based Sanlian Taofen Bookstore, the city's first 24-hour book store

"We hope that, via this sequel [to our previous documentary], more people around the world can have a better understanding of Chinese tradition and its changes. The audience will get to see the traits of the Chinese people: frugality and tenacity."

Chen Xiaoqing, chief director of A Bite of China, a popular documentary series on Chinese culinary arts, at the premier of its sequel on April 15

Healthcare Reform

Oriental Outlook
April 17

China has been trying for years to reform the current healthcare system. Despite many measures issued by the medical authorities, the reform has not had much effect.

Both patients and doctors complain of current medical care conditions. For patients, it is difficult to obtain excellent medical care in prestigious hospitals that are mostly located in large cities and the treatment is often unaffordable. For doctors, they have to bear heavy work stress to give treatment to a long line of patients every day. Moreover, being a doctor has become a dangerous occupation because of intensified conflicts between doctors and disgruntled patients or family members of patients—some doctors have even been wounded or killed in such conflicts.

Reinforcing Entrepreneurial Confidence

Caijing Magazine
April 14

Entrepreneurs always play an important role in driving the economic prosperity of a country. Outstanding entrepreneurs have emerged in large numbers in China since the country issued the policy of reform and opening up in the late 1970s.

Today, people have increasingly realized that the development pattern dominated by giant state-owned enterprises and huge governmental investments has been declining. What economic growth needs is the pioneering spirit of entrepreneurs. However, only when private property rights are completely protected by laws, can the spirit of entrepreneurs produce a strong driving force.

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Discount Drugs A consumer buys medicine at a drug store in Taiyuan, capital of Shanxi Province (ZHAN YAN)
Spam Crackdown A policeman in Shanghai checks a computer used to spam cellphone users (FAN JUN)
Purified Seawater
Construction of a desalination project that will deliver purified seawater to Beijing from its neighboring Hebei Province's coast will start at the end of the year
University Cooperation
Duke Kunshan University, a Sino-American joint venture university in east China's Jiangsu Province, will officially open in August
Crop Insurance
China will intensify its efforts to promote crop insurance, with insured farm produce expected to cover 60 percent of the country's cultivated land by 2020
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Canton Fair Kicks Off Visitors attend the 115th Canton Fair held in Guangzhou, capital of south China’s Guangdong Province (LIANG XU)
Positive Reaction A staff member from the China Nuclear Energy Scientific Research Institute introduces a nuclear reactor model to visitors at the 2014 China International Nuclear Industry Expo in Beijing (LI XIN)
Financing SMEs
China will provide better support for small and medium-sized enterprises by simplifying how funds are allocated, the Ministry of Finance said
Corporate Defaults
Chinese banks have the means to deal with corporate bond and trust defaults, Deutsche Bank said in a research note
Simplifying Approval
The review and approval process for foreign-funded enterprises to operate telecom value-added services in the Shanghai Free Trade Zone has been simplified
more>>
Wang Yong
Professor at the Zhengzhou Training Institute of the People's Bank of China

Online P2P lending bypasses traditional financial intermediaries and links lenders with borrowers through the Internet, which remarkably reduces financing costs and gives investors more options. It's somewhat a novelty in the financial market.

However, considering that investors' consciousness of risk always lags behind the eruption of such risks and the possibility of some unscrupulous financial institutions deceiving their clients, online P2P lending will do more harm than good without strict supervision.

 
  • SOUTH KOREA
    Rescuers search for missing passengers near a South Korean ferry after it capsized off South Korea’s southwest coast with more than 470 people on board on April 16 (XINHUA/AFP)
  • THE UNITED STATES
    Two girls light each other’s candles during a candlelight vigil for the one-year anniversary of the Boston Marathon bombings, in which two pressure cooker bombs killed three and injured more than 260 others, in Boston on April 15 (XINHUA/AFP)
  • PAKISTAN
    Models present Pakistani creations during the PFDC Sunsilk Fashion Week in Lahore on April 13 (XINHUA/AFP)
  • BRITAIN
    A gallery assistant sits in front of a paper cutout by French artist Henri Matisse (1869-1954) at an exhibition in London on April 14 (XINHUA/AFP)
  • HUNGARY
    A one-week old camel, named Ilias, is pictured at the Budapest Zoo and Botanic Garden on April 15 (XINHUA/AFP)
  • CHILE
    Volunteers help after a massive fire devastated a huge swath of the historic port city of Valparaiso on April 14 (XINHUA/AFP)
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