on average, while the corresponding number for a dog is 4,723 yuan, said the report.
Much of a pet’s expenses are on food. For a cat, it is about 1,340 yuan, with medical care requiring 742 yuan on average.
“About 41 percent of the 99.8 million pet-keeping Chinese households now have cats,
and the number is still growing,” said Neil Wang, president of Frost & Sullivan China.
In addition to 67 million pet cats, there are more, adopted or given by friends and families, the company’s report said.
This has spawned a cat culture of sorts, spanning a variety of business activities.
For instance, specialist apps offer a service called “cloud petting” for those who
do not own a pet cat. The latter can follow “cat celebrities” on social media platforms.
XI’AN – Xi’an, a historical city in Shaanxi Province, will place traffic restrictions on the use of vehicle on weekdays.
The popular tourist city said the restriction would be imposed on weekdays from
7 am to 8 pm starting March 18. Vehicles are restricted in one out of five weekdays based upon the last nu
mbers of their license plates in certain areas in the city, where the number of motor vehicles hit 3 million as of May 2018.
Three bureaux of municipal ecology and environment, public security and transport
said in a circular that the move was taken to ease traffic congestion and reduce air pollution.
Mass transit buses, new energy vehicles, vehicles for people with disabilities, and vehicles for special purp
oses such as fire engines and ambulances, however, will be exempted from the restriction, according to the circular.
BEIJING — China has made solid progress in alleviating the financing
problems of small and micro firms, a senior official said Friday.
Outstanding loans to such businesses amounted to 33.49 trillion yuan ($5 trillion) by the end of 2018, accounting for 23.
81 percent of the total outstanding loans, Zhu Shumin, vice chairman of the China Banking Regulatory Commission, said in a statement.
In particular, outstanding inclusive loans to small and micro firms reached 9.36 trillion yuan
, growing 21.79 percent from the beginning of the year, 9.2 percentage points faster than the total loans.
The number of borrowers increased 4.55 million from the beginning of 2018 to 17.23 million, Zhu said.
Meanwhile, efforts have been made to cut financing costs, with the average interest rate of newly
issued inclusive loans to small and micro firms in the fourth quarter of 2018 down 0.8 percentage points from the first quarter.
have expanded. Now, bakeries, cinemas, convenience stores, gyms are all channels that dairy makers are try
ing to access,” said Yu Xubo, chairman of the board of directors of Mengniu, and president of COFCO Group, China’s largest food trader.
“We have also found that the purchase of fresh dairy products is increasing in major
cities among middle to higher-income earners,” said Yu, who is also a deputy to the 13th National People’s Congress.
This year, Mengniu said it plans to establish specific cold chain logistics cha
nnels and strengthen its ability to produce and transfer fresh dairy products.
Meanwhile, the dairy maker has developed some niche products. It has introduced sports milk with a high protein
content tailored to those who work out often, and milk that acts as a meal substitute, both of which have seen high
er-than-expected sales, driven by new and more diversified demand from consumers, the company said.
tems and formed 10 departments to handle criminal, civil, administrative and public interest cases, he said in an interview.
“Justice and fairness should not only be achieved, but also be felt and seen by the public in a more sensible way,” Zhang said.
To achieve that goal, prosecutors have been closely watching crimes that most affect people’s daily lives. For example, 43,929 p
eople were charged in 2018 with telecom fraud — a crime to which everyone is vulnerable — up by 29.3 percent year-on-year.
Another 42,195 people were prosecuted for damaging the environment and resources, an i
ncrease of 21 percent annually, and 12,360 people were charged with producing or selling fake or sub
standard drugs or toxic food products, an increase of 5.5 percent, according to the SPP.
Zhang said prosecuting authorities also actively participated in a joint crackdown against or
ganized crime and local mafia groups to bring the people a greater sense of security.