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TMCNet:  Xinhua China News Digest at 16:00 GMT, Jan. 16

[January 16, 2013]

Xinhua China News Digest at 16:00 GMT, Jan. 16

Jan 16, 2013 (Xinhua via COMTEX) -- The following are China news stories moved by Xinhua News Agency as of 16:00 GMT, Jan. 16: TOP STORIES * China Exclusive: Will rural residents become middle-class CHANGCHUN, Jan. 16 (Xinhua) -- Wang Zhiren, a farmer in the agricultural province of Jilin, does not know what the word "middle-class" means. However, Wang's life is typically middle-class: he lives in a three-bedroom house with a garage, drives a sedan and shops in urban department stores.


* Around China: Private foster home persists despite pressure NANNING, Jan. 16 (Xinhua) -- For at least three months, Ban Aihua has tried to legalize her privately-run foster home, a humble shelter for 68 children.

* China's religious circle condemns self-immolation CHENGDU, Jan. 16 (Xinhua) -- High monks and scholars from the Buddhist Association of China on Wednesday denounced self-immolations and incitement behind such acts for violating Buddhist doctrines.

FINANCE & BUSINESS * China's new OTC board makes official debut BEIJING, Jan. 16 (Xinhua) -- The official establishment of the New Third Board, a national share transfer system for small- and medium-sized enterprises (SMEs), was announced Wednesday, after years of trials in several cities.

* China becomes world's top smartphone producer BEIJING, Jan. 16 (Xinhua) -- Chinese shipments of smartphones totaled 224 million units in 2012, making the country the world's largest smartphone producer, official data showed Wednesday.

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