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ping via livestreaming services could completely and truly demonstrate the detailed infor
mation of overseas products to domestic consumers, and have gained wide popularity with the younger generation.
Zeng added that the consumers’ demands have become more p
ersonalized and diversified. “They have higher requirements for high-quality and cost-effe
ctive products, which brings out huge opportunities for cross-border e-commerce industry.”
It is noteworthy that the post-90s generation favor niche
and designer brands, and also are addicted to livestreaming videos, Zeng said.
Founded in 2010, Ymatou is a consumer-to-consumer or C2C marketplace engaged in cross-border e-commerce.
By the end of the second quarter in 2018, the site had about 50 million users and hired more than 60,000 overseas buyers in 83
countries including the United States, the United Kingdom, Japan, South Korea and Australia.
The site had more than 4,000 members, 97 of whom paid a $44.95 monthly fee to access extra features, such as the ability to replay certa
in live streams. Between November 2018 and this month, police said, the service brought in upwards of $6,000.
“There was a similar case in the past where illegal cameras were (secretly installed) and were consistently and secretly
watched, but this is the first time the police caught where videos were broadcast live on the internet,” police said.
South Korea has a serious problem with spy cameras and illicit filming. In 2017, more than
6,400 cases of illegal filming were reported to police compared to around 2,400 in 2012.
Last year, tens of thousands of women took to the streets of Seoul and other cities to p
rotest against the practice and demand action, under the slogan “My Life is Not Your Porn.”
Play VideoIllicit spy cam cases skyrocket in South Korea 02:24
In response, Seoul launched a special squad of women inspectors, w
ho have been conducting regular inspections of the city’s 20,000 or so public toilets to searc
h for spy cameras, though some critics have denounced the move as a superficial response to a societal issue.
with tax cuts alone accounting for more than 10 percent of the tax revenue target this year, according to the government budget, Wang said.
The cuts aim to reduce the burden on manufacturing companies, small
and micro-sized enterprises, and the working class, in an effort to stabilize em
ployment, the financial sector, trade, domestic investment and market confidence, Wang said.
He made the comments during an interview at the annua
l meetings of the national legislature and China’s top political advisory body.
“This scale of tax cuts and fee reductions has rarely been seen over the past decades, both
inside and outside China. It demonstrates the resolution, confidence, wisdom and power of our Party and gov
ernment to overcome difficulties and make great efforts to build a strong state,” he said.
An ongoing reform of China’s college entrance exam and enrolling system, under which stude
nts used to be selected for their performance on a single test, has been extended to cover more pro
vinces in China, according to the Ministry of Education.
Initiated in 2014, the reform aims to make the selection of studen
ts and their enrollment in universities a more sc
ientific and fair procedure and promote education for students’ all-around development.
In 2018, the reform was expanded to eight provincial-level regions, n
amely Hebei, Liaoning, Jiangsu, Fujian, Hubei, Hunan, Guangdong and Chongqing, whe
re Year-1 high school students starting from fall 2018 needed to prepare for the change.
PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f
or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.
Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin
g was held in June 2018 in Singapore, which resulted in improved bilateral relations.
Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.
Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th
e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K
orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com
mittee and foreign minister, No Kwang-chol, alternate member of the Po
litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.
Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen
tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.