What do you think of the deposit insurance scheme? Is it highly necessary?
Topic2 IP Protection of Creative Ideas Over the weekend, a post titled 少年不可欺 or "The Youth will not Be Bullied" swept through several social media platforms including Weibo and WeChat. The post claimed that video website YouKu and social website Momo stole their idea and experience. The 19-year-old writer and his team used a weather balloon to take aerial photos of the earth, and he claimed youku recreated an advertising video for Momo using the same name, story, and aerial photos with the content of the students' project, without getting authorization from the team.
Yesterday, YouKu released the inspection result to the public, admitting that the story adopted by the adverting video is similar to the students' experience and apologized to those students publicly. The advertising video is removed from YouKu website.
But the discussion online did not quiet down. What happened exactly? Was Youku guilty of stealing?
Topic3 Ghost towns to be home for low-income residents The Ministry of Housing and Urban-Rural Development is reportedly planning to buy unsold commercial housing units and convert them to government-subsidized affordable apartments for low-income families.
Insiders have revealed that a plan is in the making for the government to pay market rates for such units and make up the price difference no matter if the apartments are to be rented or sold to low-income households.
Is there a problem?
Topic4 Beijing, Shanghai among the World's Best Student Cities Hong Kong has been named the best Asian city in which to study and the fifth best in the world.
According to the 2015 Quacquarelli Symonds World's Best Student Cities list, Paris topped the list for the third year running, Beijing and Shanghai rank 26th and 32nd respectively.
What makes a good student city? Does location matter for university students?
Topic5 Government Pay for Books Citizens Want to Read A pilot project that encourages citizens to recommend and nominate books they want to read is launched in Minghang District in Shanghai. The government would allocate a fund to buy those books and place them in several community book bars for citizens to borrow for free.
Is it a good idea?