Last year, China's imports grew faster than exports. Data from the General Administration of Customs showed the country's imports surged 12.9 percent to 14.09 trillion yuan (.1 trillion). The trade surplus continued to narrow, shrinking 18.3 percent year-on-year.
Last year, 120-year-old cosmetics brand Jahwa partnered with Rio to launch a cocktail featuring its fragrance of Six God Floral Water, which is arguably China's most popular mosquito repellent.
Last year, Thailand was one of the top overseas destinations for Chinese tourists, who by far accounted for the country's largest number of visitors by nationality. Some 11 million Chinese visitors boosted the Thai economy to the tune of billion.
Last September, the Seattle Women’s Commission and Housing Justice Project of the King County Bar Association published a report that found women and people of color are far more likely to be evicted in the Seattle area, in many cases for failing to pay nominal portions of their rent. Of the more than 1,200 eviction cases studied, most families became homeless. About 37 percent were completely unsheltered, 25 percent moved into a shelter or transitional housing, and 25 percent staid with family or friends. Only 12.5 percent found another permanent home to move into after being evicted.
Last month, China announced plans to lower its VAT rate. Starting from April 1, the VAT rate for refined oil products dropped from 16 percent to 13 percent.
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Last week, Moutai said it expects online sales to account for 60 percent of its total sales sometime in the future, compared with 30 percent now. Moutai earlier had released more than 200,000 bottles of its products into the market to stabilize prices and alleviate supply shortages, but scalpers had purchased most of the liquor, reported China Business News.
Last week, Moutai said at its meeting with nationwide dealers that the company will not raise the prices of Moutai liquor and its series wines this year, and even in the next few years. It also plans to establish a more comprehensive sales system, and introduce more distinctive and tailored services for its member customers.
Last year also saw a dramatic increase in criminal punishment and compensation in civil cases related to intellectual property infringement, the white paper said.
Last year, environmental specialists and experts from academic institutions and the meteorology industry studied whether catalysts such as silver iodide caused environmental pollution.