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Cultural and educational exchange programs between China and the US are important, but are really still in the developmental stages. There is a discrepancy between Chinese familiarity with US culture and Americans' lack of Chinese knowledge.
Customers select bracelets at a jewelry store in Suzhou, Jiangsu province, on Jan 31. [Photo by Wang Jiankang / For China Daily]

Cutting interest rates may not be an urgent matter for China's monetary authority, even though other major economies are moving closer to a rate-cut cycle to tackle economic headwinds, according to advisors.
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Currently, China has more than 4,000 small and medium-sized banks. Their total assets account for about one fourth of the entire banking sector, said Zhou Liang, vice-chairman of the China Banking and Insurance Regulatory Commission.
来源:资阳报