By Wu Qiuyu, People’s Daily According to annual reports of Chinese listed banks, greenness has become a defining character of the high-quality development of China’s banking sector. Multiple banks have reported growing businesses of green credit, and their green financial products such as green bonds and green wealth management have been constantly enriched. For instance, the balance of green loans of the Industrial and Commercial Bank of China stood at 3.98 trillion yuan ($580 billion); the China Construction Bank has been working to advance green leasing, inclusive leasing and digitalRead More

By Zhong Sheng, People’s Daily Some secret military documents of the United States leaked on social networking sites recently showed how the United States has been eavesdropping on the secretary-general of the United Nations as well as the Republic of Korea, Israel, Ukraine and other countries. These leaks once again prove that the United States is the world’s largest “empire of hackers” that’s been spying on people around the world in every way possible. The so-called Clean Network and what the United States calls “technology that reflects democratic values andRead More

By Ouyang Jie, People’s Daily This year, the Chinese department store Intime released a calendar that made an impression. The calendar and its packaging were made of environment-friendly materials. Its stand and packing box were made of biodegradable kraft paper, and the calendar card can grow flowers if it is placed in the soil and watered. According to an employee of Intime, the surprising innovation made calendars that would otherwise be discarded be reused. “We hope to promote green consumption as a part of our everyday life,” the employee said.Read More