China’s customs officers have seized 2,748 ivory tusks weighing a combined 7.48 metric tons after cracking a major smuggling case.
It was the biggest haul of tusks ever recorded in an anti-smuggling bust conducted in
dependently by customs officers, the General Administration of Customs said on Monday.
The case was solved in March after a combined operation of differ
ent customs offices lasting three months. A total of 238 custo
ms officers took part from cities around the country, including Hefei, Nanjing, Beijing, Fuzhou and Qingdao.
Twenty suspects were detained for further investigation, accor
ding to Sun Zhijie, director of the administration’s anti-smuggling bureau.
Sun said the tusks, illegally shipped from African countries, were imported into China labeled as wood.
cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.
Financial policies are required to further support small and private companies, and fun
ding through the capital market is supported by the authorities, according to the statement.
The central bank had skipped open market operations for 15 conse
cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste
m” was the main reason for the absence of open market operations, according to a statement from the central bank.
To cut or not to cut the RRR, a strong tool for liquidity adjustm
ent, has become a hot topic since April, not only for investors, but also for policy advisers.
Divergent opinions are spreading among a broader group of market observer
s. The market is trying to get more indications from the monetary authority, although the C
hinese central bank barely sends any hints on possible monetary policy operations before taking action.
sing funds for the sake of cost-cutting, Liu said, adding some staff made 80,000 yuan a
month in pilot areas for the new salary regime in southern China’s second and third-tier cities.
Earlier this year, rumors spread that China’s e-commerce giant would can
cel couriers’ basic salary and reduce welfare. The company confirmed the salary adjus
tment plan via its official Sina Weibo account on April 7, saying as the number of orders from individual clients incre
ases, the company is looking to adopt an incentive plan to reward outstanding employees.
JD will reduce its delivery staff members’ salaries by adopting a commis
sion-based payment scheme starting in June and low
er contributions to employees’ housing funds from 12 to 7 percent, Sina Finance reported.
An anonymous courier with JD Logistics said the task of getting more external delivery
orders under the new salary system would be hard to accomplish, and the new policy will reduce their salary, th
e report alleged, though the courier did not indicate an exact amount for the reduction.
nges from 1,500 to 2,000 yuan, accounting for 15 to 20 percent of the total according to the report.
JD refuted the mass layoff rumor and said more than 10,000 positions are expe
cted to be added as JD Logistics provides services to more industry customers.
Facing tougher competition from rivals such as Alibaba and Pinduoduo, JD is eyei
ng opportunities in the consumer market, which has shown great potential, Sina Finance reported.
Driven by rapid growth of e-comm
The annual survey Amazing China — the Most Attractive Chinese Cities for Expats 2018 unveiled its results at the Shenzhen foru
m of the Conference on International Exchange of Professionals on April 14 in Shenzhen, South China’s Guangdong province.
Zhang Jianguo, Vice Minister of the Ministry of Science and Technology, announced the results.
erce consumption, China’s express delivery volume reached 50.71 billio
n in 2018, an increase of 26.6 percent over the same period last year, the report said.
fivefold in the past few years, which helps reduce trade disparities with developed
economies. He called on all CEE nations to take the opportunity to deepen economic and trade cooperation with China.
Zhong Shan, minister of commerce, said over 1,000 people participated, the most since the event started nine yea
rs ago. “It demonstrates the increasing confidence in the forum and cooperation with China at large,” he said.
In recent years, China’s trade with CEE nations has seen rapid growth. According to the Ministry
of Commerce, China’s imports from the countries have risen by 24.6 percent to $23 billion. Chinese compan
ies have invested over $10 billion in CEE nations, which in turn have injected more than $1.5 billion into China,
focusing on machinery, auto components, the chemical industry, financing and environmental protection.
After the forum, Li and Plenkovic attended an exhibition of Chin
a-CEEC education cooperation and a dialogue mechanism to boost cooperation among small an
d medium-sized enterprises from both sides. Before leaving for Beijing, Li also had separate
window to Viennese social traditions, classical music, and Austrian culture.
While recommending three must-see Austrian cities for first-time visitors, ambass
ador Stift gave a surprising answer. While well-known cities like capital Vienna with its iconic concert hall, Mus
ikverein, and Salzburg , once home to Mozart, both make the cut, that doesn’t tell the full story.
Brice Péan, who studied at ski resort Innsbruck, showed his know
ledge of China, mentioning Hallstatt, a small Austrian town modeled on a Chi
nese housing development, as an increasingly popular destination for Chinese tourists.
Consider this video a warm-up for tonight’s ball. If you can’t ma
ke it, stay with China Daily’s app and you’ll have a chance to win a guest gift bag.
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