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News from China
China to further cut government funds for public financial relief
10th February 2016

China will further cut government funds to reduce financial burden on the public, according to the Ministry of Finance (MOF).

The government cut, streamlined and optimized a total of 13 government funds in early February. Moves of such kind will reduce financial burdens worth 26 billion yuan (3.96 billion U.S.dollars) for enterprises and individuals this year.
Government funding is set up to support public infrastructure development and public services by charging enterprises and individuals.
The government has been cutting unnecessary government funds in recent years, whose number fell from 327 items in 2000 to 28 items now.
China will also cut illegal funds set up by local governments this year, according to Shi Yaobin, deputy head of MOF.
Source: Xinhua
Less festive fireworks in big citie
9th February 2016

The remains from fireworks set on the lunar new year eve were significantly reduced in Beijing, the city's sanitation office said Monday.

Nearly 2,000 sanitation workers cleaned up 413 tonnes of fireworks debris in the 24 hours from 6 a.m. Sunday on, about 34 percent less compared with that last year.
Statistics showed a decrease in firework sales for five consecutive years in Beijing due to people's rising awareness of environment.
Shanghai reported about 34 tonnes of fireworks debris, most of them in suburban areas, after a fireworks ban within the urban area took effect on Jan. 1.
Due to a similar ban, Hangzhou, capital of Zhejiang Province, also saw less firework trash, only 11.4 tonnes compared with 90 tonnes and 225 tonnes in 2015 and 2014, respectively.
Source: Xinhua
Chinese Internet giants woo customers with cash gifts
8th February 2016

An incredible amount of gift money will be handed out at New Year by Chinese Internet companies competing for the mobile payment market.

Alipay announced it would give away 800 million yuan (121 million U.S. dollars) on the lunar New Year's Eve. Viewers of the central broadcaster's gala can share the money by accessing to the company's mobile App while watching the show.
Tencent's instant messaging tools, QQ and WeChat, have 200 million yuan of "red envelopes" to give away to its customers. A company spokesman told Xinhua the number of "red envelopes" sent and received via its WeChat messaging platform reached 2.31 billion on Jan. 1, and expects the number to exceed 10 billion during Spring Festival, 10 times more than last year.
In December, Apple and China UnionPay announced a partnership to bring Apple Pay to China to cash in on mobile payment services.
Source: Xinhua
Chinese Lunar New Year marked across United States
6th February 2016

A new stamp in commemoration of the Chinese Lunar New Year -- the Year of Monkey -- was debuted and put on sale across the United States starting Friday.

The new stamp, created by Kam Mak, 54, an illustrator who was born in Hong Kong and grew up in New York City, features two bright red-orange peonies -- which symbolize wealth and honor in Chinese culture and is used to decorate the traditional drums played during lion dances -- the papercut design of a monkey by late artist Clarence Lee, and the Chinese character for "monkey," which is drawn in grass-style calligraphy by Lau Bun.
In accordance with the Chinese lunar calendar, the Year of the Monkey begins on Feb. 8, 2016 and ends on Jan. 27, 2017.
The monkey is one of the 12 zodiac animal signs associated with the Chinese lunar calendar. People born in the year of a particular animal sign are thought to share characteristics with that animal. individuals born during the Year of the Monkey are said to be clever, wise, honest and easily adapt to new situations. The 12 animals of the Chiense Zodiac are rat, ox, tiger, rabbit, dragon, snake, horse, ram, monkey, rooster, dog and pig.
At the D'Angelo Center of St. John's University in New York Friday, the issuing of the commemorative stamp by the United States Postal Service was treated with a special ceremony, where lion, ribbon and fan dances were staged amid heavy drumbeat inside a fourth-floor hall. Some 200 people, mostly students and faculty of the university, were in presence.
The Year of Monkey stamp is the ninth of the 12 stamps in the celebrating Lunar New Year series by USPS. Outside the hall where the ceremony was held Friday, workers were selling the philatelic products from several desks placed at the end of the hallway, including souvenir sheets, first-day cover and framed stamps with first-day-of-issue plaque.
There are now more than 4 million Chinese Americans living across the United States, according to data from the U.S. Census Bureau.
With the Year of the Monkey just two days away, LED displays extending Happy New Year greetings in Chinese are ubiquitous at the famed landmarks in American cities, such as Times Square in Manhattan, New York, and Universal Studios in Los Angeles, California. 
Source: Xinhua

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