Three panda cubs were officially named on Monday at the giant panda state park in Xi'an, Shaanxi province. [Photo by Huo Yan / chinadaily.com.cn]
Tightening regulatory supervision and contracting financial leverage have resulted in limited capital supply. In this sense, most banks cannot support their previous growth models, which were dependent on large amounts of capital, he said.
Though business has been brisk, Lyu admits that selling specialty coffee is still "not very profitable". The main reasons behind this are the high rental rates in Shanghai and the growing competition.
Three years ago, Wang was injured in a road accident ahead of his senior high school entrance examination, known as the zhongkao. The driver involved ran off, and local police failed to locate him.
Three of China's biggest carmakers Dongfeng, FAW and Changan have joined hands to establish a car-hailing company with investors including Suning and Alibaba. [Photo provided to China Daily]
Three members of Congress — one Democrat and two Republicans — did not vote. Also, four seats in the 435-member House are vacant, so the simple majority needed to impeach on both articles was 215.
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Tian Zhiyong, a researcher with the Chinese Research Academy of Environmental Sciences, accompanies environmental monitors on a visit to a waterway in Shaanxi. HOU LIQIANG/CHINA DAILY
Thumbtack, which matches homeowners with service professionals like plumbers and interior designers, announced on Tuesday it has raised 5 million. According to the New York Times, that pushes the company past the billion “unicorn” mark with a valuation of .3 billion. Backers include?Scottish investment firm Baillie Gifford, as well as Tiger Global, Google Capital and Sequoia Capital.
Though he earned more than 5,000 yuan (6) a month in Shenzhen, Xia often had to work until 11 pm.
Tian Jianwen, a researcher with the Shanxi archaeological research institute, said the tomb clusters are likely to hold Jin monarchs and their wives, which is of great significance to the studies of Jin history and culture.