Tag archives: 11

A draft amendment to strengthen protection for people engaged in new forms of business, such as deliverymen and drivers with ride-hailing services, will be reviewed by lawmakers next week, a senior legislator said on Friday. The draft amendment to the Trade Union Law will be submitted for review to the Standing Committee of the National People"s Congress, the country's top legislative body, which will begin its session on Monday. Yue Zhongming, spokesman for the NPC Standing Committee's Legislative Affairs Commission, told media on Friday that the law was amended to better support to deliverymen and drivers  because the number of

BEIJING -- Chinese online payment clearinghouse NetsUnion and card payment giant China UnionPay reported online payments worth 22.32 trillion yuan (about $3.48 trillion) during this year"s Singles' Day shopping spree from Nov 1 to 11, data from the central bank shows. During the 11-day period, over 27 billion transactions were processed by the platforms, surging 17.96 percent year on year, with the total value involved up 14.98 percent year on year, said the People's Bank of China. Payment services were safe, efficient and convenient, and the scale of related business, as well as residents' consumption, increased steadily during the shopping

E-commerce giant JD said its accumulated transaction volume for the Singles Day shopping spree topped 311.4 billion yuan ($48.6 billion) as of 2:08 pm Thursday, surpassing total sales of 271.5 billion yuan last year. The company kicked off this year"s festival at 8 pm Oct 31, four hours earlier than previous iterations. Sales of domestic mobile phone brands such as Xiaomi, Oppo, Honor and Vivo increased four times on a yearly basis in the first 10 minutes after the clock struck 8 pm on Wednesday, while the turnover of home appliance products like televisions, washing machines and refrigerators exceeded 2