Skip to content
mental illness and not go back to work until he recovered.”The utmost goal is like Zhuge Liang (of the Three Kingd
oms), who became a senior official to serve the country,” Shen said. “What comes second is to be like Du Fu (a reno
wned poet in Tang Dynasty known for his patriotism), who always puts the country’s and the people’s interests first.”
“Over the past 26 years, no one from the office has ever asked about me,” Shen told Red
Star News. The auditing office of Xuhui district hasn’t responded to comment as of press time.
Shen also denied online rumors that he graduated from Fudan University and once lost a daughter to a car crash.
“I have never been married, so how could I have a daughter,” he retorted. “Me, a Fudan graduate? Fudan was far out of my league.”
After days of being bombarded with visits and interviews from curious citizens or online streamers, who
are tapping into his sudden popularity for public exposure, Shen said he hopes he can be left alone so as to read more books.
online news service focusing on China’s mobile payment industry, said to Securities Daily he
expects the run-up of cashless payments will maintain for three to five years until it takes up as much sha
re of consumption as possible, as consumers incrementally wade farther into cashless payments.
Data from PBOC revealed banking financial institutions in 2018 conducted 220.31 billion deals in non-cash paym
ents involving 3,768.67 trillion yuan, a rise of 36.94 percent and 0.23 percent year-on-year respectively.
In the same period non-banking payment institutions, mainly referring to third-party online payment service providers, had 530.61 b
illion deals, surging 85.05 percent, and the transaction volume was 208.07 trillion yuan, up 45.23 percent fro
m the previous year. Mobile payment platforms Alipay and WeChat Pay occupy over 90 percent of market share.
By the end of 2018, a total of 424 commercial banks and 115 payment institutio
ns were connected to a unified clearing platform set up by the Payment and Clearing Association of China, PBOC said.
and reduce costs of internet services, which will be good not only for consumers but also for industrial upgrading.
The country’s three telecom carriers — China Mobile Communications, China United Network Comm
unications Group and China Telecommunications Corp — announced steps to scrap domestic long-distan
ce and roaming charges from Oct 1, 2017, and cancel data roaming fees within the country starting July 1, 2018.
However, increasing speed and cutting charges doesn’t bring less
revenue for telecom operators. According to the Ministry of Industry and Information Technology, du
ring the first half of last year, revenues from the telecom business rose 4.1 percent year-on-year to 672 billion yuan.
Mobile internet traffic jumped 199.6 percent to 26.6 billion gigabytes. Among them, inter
net usage via phones soared 214.7 percent to 26.2 billion gigabytes, accounting for 98.3 percent of the total.
a voice to all the nation’s many minorities.
”I am Hindu, I come from a privileged background, so for people like me, no matter which part
y comes to power, we aren’t going to face the brunt of it. The most affected are the minorities and
the poor… If a certain party comes to power, these people will face huge problems.
”They are the people I want to keep in mind when I choose a party.”
For Aastha Kulshrestha, a 23-year-old law student from New Delhi, her expectation of the n
ext government is that it should not pit one group or religion against the other. “It is a great impe
diment to the growth of the nation, a nation that is democratic, socialist and a republic,” she told CNN.
”If you want to make a change… you vote”oung voters could have a huge influence on the
outcome. For some, casting their ballot is an exciting “coming of age” moment. But many are disenchanted.
John Simte, 22, a law student in Bengaluru, says he is “thrilled to be a part of the world’s la
rgest democratic project.” He admits a “deep sense of apathy” amongst his peers but is nonetheless optimistic.