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*>>nce".Although a century has passed, the influence of the 1911 Revolution will last into the future. Its spirit will continue to encourage Chinese people to work for the long-cherished "great rejuvenation" of their nation.The author is a researcher with the Guangdong Provincial Academy of Social Sciences.(Source: China Daily)Companies determined to upgrade machinery, cut environmental damageA chocolate factory in Nantong, Jiangsu province. Chinese manufacturers are upgrading their equipment to gain an edge in competition and reduce energy consumption. [Ding Xiaochun / For China Daily]The old-fashioned machines in the fa
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*>> of Hong Kong community's resources.In time, this could have a significant impact on the Jockey Club's tax payments to government, as well as its ability to fund charitable projects. It is estimated that the amount of money lost by Hong Kong people to Macao casinos alone has tripled over the past five years to HK$26 billion in 2010 - larger than the Club's gross margin on racing, football and the Mark Six, which last year totalled HK$23.73 billion.Last year, the Club made a direct return to the community of some HK$18 billion through betting duties and taxes, charitable donations and contributions to the Lotteries Fund
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*>> we were just testing the waters and I think we have figured out an appropriate model which fits the local situation," Kou says. While only a small percentage of China's population travels overseas to shop for the best in luxury brands, the market is massive: According to the World Luxury Association, Chinese travelers spent about $7.2 billion on luxury goods during the Spring Festival earlier in the year. An obvious problem, however, is that unlike in Europe and the US, most Chinese consumers cannot afford luxury brands. Furthermore, China charges high duties on imports of high-end goods such as clothing, footwear and
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