News

News

Latest News

Major Chinese state-owned banks begin promoting digital yuan wallets

By CGTN -

China's six major state-owned banks started promoting digital yuan wallets in Shanghai. People can apply for a trial use of the wallets at the banks' outlets, the Shanghai Securities News reported on Tuesday. The digital yuan will be issued by the country's central bank and legally backed by the government as an alternative to paper money.

Former serf Cedain's new life in Tibet

By Xinhua -

Cedain, born in 1941, is a villager of Qianjin Village of Gar County, Ngari Prefecture, Tibet Autonomous Region. Without farmland and enough food, the former serf and his family lived on begging in the old times. Such a plight came to an end in 1959, after a democratic reform liberated more than 1 million people, or 90 percent of the population of the region at that time, from the feudal serfdom. Cedain's family was granted farmland to grow crops and began to feed livestock, living on a normal life with their own efforts. Now Cedain enjoys the comfort in his old age at the care center in Ngari Prefecture. 

First654655656657659661662663Last