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Snow Day.doc
Snow Day
Children attend the World Snow Day activity at a resort in Beijing on January 17.
Twenty ski resorts across China organized activities for World Snow Day, which is part of the international FIS Campaign Bring Children to the Snow. It is an annual snow festival for children and their families.
Online Fraud
China has seen increased online fraud, particularly in the field of peer-to-peer (P2P) lending, in the past year according to a new report published by online security company Liewang. The company handled 24,886 reports of online fraud, worth a total of 127 million yuan ($19 million) in 2015. Per-capita claims were 5,106 yuan ($774), about 1.5 times the number in 2014, it said.
Around 37 million yuan ($5.6 million) of the claims were based on online finance fraud, while others were related to fake employment ads, gaming and fraudulent prize schemes, the company said.
P2P lending is done without a financial intermediary such as a bank, and the practice has grown quickly in China. Statistics show China has about 2,595 P2P platforms across the country, an increase of 1,020 compared with 2014.
Top Patent List
China handled more patent applications for inventions than any other country for the fifth year running in 2015, according to official data released on January 14.
According to figures from the State Intellectual Property Office(SIPO), the country had over 1.1 million patent applications last year, up 18.7 percent year on year.
About 359,000 invention patents were authorized, 263,000 of which were granted to domestic applicants, 100,000 more than in 2014, said Gong Yalin, an official with the SIPO, at a press conference. Of all the invention patents authorized in 2015, 60.5 percent went to Chinese enterprises, an annual increase of 4.1 percentage points. Moreover, the SIP data showed that the number of patent applications filed by Chinese for inventions more than doubled in the past five years. Despite the overall incre
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