BEIJING http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Red UK , March 10 (Xinhua) -- China's 13th Five-Year Plan concerns more than just its own domestic affairs. The world should sit up and pay attention: it will have a global impact, analysts said.
"China has been the powerhouse of the world for decades. In the next five years, ballooning domestic demand, investment and buying power will further vitalize the global economy," said Chen Fengying, world economy researcher with the China Institute of Contemporary International Relations.
As China steers itself toward quality development in the next five years, a critical period of transition, the world should cast their eyes east http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Yellow UK , said Chen.
The draft of the 13th Five-Year Plan (2016-2020), outlines policies, priorities, as well as clear economic and social targets.
"Such clear goals will serve as assurance to foreign entities as it will paint a clear picture of what measures will be taken," she said.
Xinhua Insight: 13th Five-Year Plan considers grassroots wisdom
BEIJING, March 7 (Xinhua) -- "Adults should encourage youngsters to be adventurous in thinking up entrepreneurship ideas, rather than being worried that we will fail," said Jiang Mengke http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Burgundy UK , a 12-year-old middle school student.
Jiang's advice was included in Shanghai's Youth Development Plan for the country's 13th Five-Year Plan (2016-2020). Full Story
Xinhua Insight: Why China's 13th Five-Year Plan deserves attention
BEIJING, March 4 (Xinhua) -- China's draft 13th Five-Year Plan, a strategic blueprint crucial for every Chinese and significant for the rest of the world, will be reviewed at the annual session of the national legislature, which will open Saturday.
The roadmap will outline the policy framework, priorities and clear economic and social goals, serving as a fundamental guide to China's development in the coming five years.
BEIJING, Sept. 1 (Xinhua) -- The digital revolution in China appeared to be a marvel to the world http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Purple UK , as the country's leading mobile payment businesses began to facilitate people's lives across the globe.
CHANGING PAYMENT HABIT
Can you get by a day in Beijing without a wallet? In April last year, a CNN correspondent Will Ripley gave it a try and he survived well.
"Admittedly, I was a bit skeptical about going an entire day in Beijing without my wallet, but I was surprised to discover just how easy and convenient it is," said Ripley in his report.
He ordered "a delicious fried crepe" --Jianbing-- for breakfast at a cramped roadside shop, opened Wechat app on his smartphone, and scanned a Wechat pay-bar-code sticker on the window. Seconds later, by inputting a 4-digit password for payment http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat White UK , and the transaction was completed.
Carrying a smartphone, Ripley also hailed taxis, ordered coffee, paid for meals at restaurants without trouble.
In recent years, mobile payment has sprung up in major Chinese cities as a preference over cash and cards when people buy goods or services from various businesses ranging from street vendors, supermarket chains to fancy shopping centers.
Electronic payments are mainly processed through China's Alipay and Wechat apps. By linking credit and debit cards with personal accounts on the two apps, people could transfer money and complete payments with a few tips of fingers.
According to a UN report published in April, China's total mobile payments in value have increased some 20-fold in four years to reach 20 trillion yuan (2.9 trillion U.S. dollars) in 2016.
Alipay http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Pink UK , established by China's e-commerce titan Alibaba Group in 2004, released data showing that 71 percent of online payments on its platform was completed through smartphones in 2016.
About one third of foreigners in China have used Alipay by 2016, said Alipay's parent company Ant Financial Services Group.
"My wallet is no longer in use. I can buy and eat whatever I want simply with a fingertip on my phone," Lin Jinlong, an overseas student from Cambodia told Xinhua.
"We can also order food at home, which is super convenient. If I were at home in Cambodia, I would have to go outdoors," Lin said.
Mobile payment has become a popular way of life in China. Besides purchasing goods http://www.spensus.com/puma-fenty-leadcat-grey.html - Puma Fenty Leadcat Black UK , users can take full advantage of the apps to pay water and electricity bills as well as traffic fines, unlock shared bicycles that are ubiquitous in urban areas, pay for bus and taxi rides, and make appointments at hospitals.
SERVING CHINESE ABROAD
The celebration of Thailand's Songkran Festival in April marks a high season for Chinese tourists to visit the country. In Bangkok, Chiang Mai and other cities, Wechat Pay and Alipay are widely used by Chinese visitors in stores, restaurants, and even massage parlors.
"I don't need to take my wallet out http://www.spensus.com/puma-fenty-leadcat-grey.html - puma fenty leadcat grey uk , I don't need to wait for change, there is some discount and no commission, the payment method has so many advantages," a woman from Beijing surnamed Liu told Xinhua while shopping in downtown Bangkok.
China's mobile payment service took its first step toward global market in 2008 by supporting cross-border in-store payment, and has since been venturing out to overseas market to facilitate Chinese travelers' experience abroad.
Alipay now partners with more than 120,000 businesses covering catering services, supermarkets, convenient stores http://www.spensus.com/puma-fenty-bow-sneakers.html - puma fenty bow sneakers uk , duty free shops, airports, department stores and theme parks in 27 countries and regions in Asia, Europe, America, and even the Arctic area.
"Alipay is a really easy and convenient payment method for Chinese customers. When they come to store and they realize that we accept Alipay, they're presently surprised and they're quite excited," said Hannah Jackson http://www.spensus.com/puma-velvet-creepers.html - puma velvet creepers uk , Business Development Project Manager of the Body Shop in London.
Rita Liu, head of Alipay EMEA (Europe, Middle East and Africa), pointed out that Alipay also serves as a marketing platform for overseas businesses targeting Chinese consumers.
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