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efforts on cross-border sales in China and to keep improving the experience for bo
th Chinese customers and global selling partners.
Amazon entered China in 2004, when it bought a local online boo
kseller for $75 million. Since then, it has invested in wareh
ouses, data centers and programs to teach Chinese sellers how to get their goods to Amazon customers.
In October 2016, Amazon launched in China its Amazon Prime, the first unlimited free cross-border shipping memb
ership program that operates globally, in an attempt to lure the rising number of quality-conscious Chinese buye
rs to buy foreign products.isual China Group, which owns Chinese photo platform vcg.com, was fined 300,000 yua
n ($44,758) for flawed supervision of user content, according to a company statement late Thursday.
Guests like Austrian ambassador to China Friedrich Stift, p
erformances from the Strauss Festival Orchestra Vienna, and reality TV star Allen Wu as
host have made the event the most talked-about on Beijing’s April social calendar.
The dapperly attendees and the venue at the Kempinski Hotel Beijing Lufthansa Center, a lux
ury hotel in downtown Beijing, will make April 13 a night of waltz, high fashion and haute cuisine.
With tickets priced 1,500 yuan ($224), the ball has sold out every ye
ar during its five-year history in Beijing, according to organizer, the Kempinski Hotel.
In this video interview with China Daily’s website, both the ambassador and Brice Péan, mana
ging director of the Kempinski Hotel, give a preview of what to expect at this year’s ball.
The city of Shanghai has become the first local government to answer the call of the central gove
rnment to promote automobile consumption by providing subsidies, since 10 mi
nistries and commissions of the country released six major methods of promoting car sales in January.
The official WeChat account of the Shanghai Municipal Government announced yesterday it will launch a car trade-i
n program, encouraging car owners to trade in their vehicles for new gas-powered cars complying with State-VI emi
ssions standards or new energy vehicles, according to a report by the 21st Century Business Herald.
The government will provide a subsidy of 10,000 yuan ($1,489) for a trade-in gas-powered
vehicle and 15,000 yuan for a trade-in new energy vehicle, the announcement said.
China’s automobile market saw a sales decline in 2018 for the first time
in 28 years, with passenger vehicle sales slumping for 10 consecutive months from last y
ear to March, according to the China Passenger Car Association. As the central government halved subsidies for new energy
vehicles this year, the promotion of car consumption depends more on local governments and enterprises.