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English-Chinese translation of articles
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English-Chinese translation article 1
surpasses Ali! Tencent became the first technology company in China by market value!
Tencent, the owner of popular social messaging app WeChat, Overtook e-commerce giant Alibaba to become China's Most Valuable Technology Company.
As the development company of popular social communication application WeChat, Tencent has replaced e-commerce giant Alibaba as the highest technology company in China.
Data compiled by spreadbettor IG showed Tencent's market capitalization was around $246.35billion, Compared with Alibaba's market capitalization of $242.4 billion.
According to the data compiled by spreadbettor IG, the total market capital of Tencent is about $246.35 billion. The total market capital of Alibaba is $242.4 billion.
Tencent shares jumped by over 6% to a record high in Hong Kong after reporting strongly quarterly earnings last Thursday.
Last Wednesday, after reporting strong quarterly earnings, Tencent's share price in Hong Kong stock market soared by 6%, reaching a record high.
The internet giant said profit rose by 47% to 1.9bn yuan ($1.6bn; 1.2bn pound) in the three months to June.
The internet giant said that its net profit in the second quarter increased by 47% to 1.9 billion RMB (about 1.6 billion US dollars, 1.2 billion pounds).
monthly active user accounts on Tencent's social wechat/weixin platform jumped 34 percent on year to 86 million.
the monthly active users of Tencent's social platform wechat /WeChat soared by 34% compared with last year, reaching 86 million.
Revenues increased due to growth in its online gaming business and advertising.
Tencent's soaring revenue is attributed to its online games and advertising business.
"Revenues jumped, platforms are booming and it runs the Twitter and Facebook of China," anIG analyst said. "Investors are hoping that, Like Facebook, they can turn active users into revenues. "
An IG analyst said:? Tencent's revenue has increased substantially, and the platform is also developing rapidly. Moreover, Tencent also operates the China version of Twitter and Facebook. Investors hope to turn active users into income like Facebook. ?
English-Chinese translation article 2
Lenovo Group's profit surged by 64% in the first fiscal quarter of 216
The world's bigger personal computer-maker, Lenovo, Said first-quarter earnings rose 64% to $ 173m (132m pound), beating market expectations.
Recently, Lenovo, the world's largest PC manufacturer, announced that its first-quarter profit increased by 64%, reaching $173 million (about 132 million pounds), exceeding market expectations.
the Chinese firm said its PC business had delivered "strong profits" despair a slow down in the overall market.
The China company said that Lenovo's personal computer business has created? Strong profits? .
anyway, revenue fell by 6% from a year early to $ 1.1bn in the three months to June.
However, Lenovo's revenue in the second quarter decreased by 6% compared with last year to only $1.1 billion.
Lenovo attributed that to the "challenging" environment and the underline in China's currency.
Lenovo attributed this situation to? Full of challenges? Environment and RMB depreciation.
The Chinese firm has been aggressive cutting costs and investing in new growth areas such as cloud computing.
This China company has been vigorously cutting costs and investing in new business growth areas such as cloud computing.
"Our PC business delivered strong profits and our smartphone business stabilised compared tolast quarter, "Lenovo Chairman and CEO Yuan Qing Yang Said in a statement.
Yang Yuanqing, President and CEO of Lenovo Group, said in a statement:? Our personal computer business has created strong profits, and our smart phone business has stabilized compared with last quarter. ?
"Although the macro-economy and our industries remain challenging, causing a decline in ourrevenue, We significantly improved our profit year-on-year through innovative products and strong execution, "He said.
He said:? Although the macroeconomic situation and the situation of our industry are still challenging, which has led to the decrease of our revenue, we have greatly improved our profit compared with last year with innovative products and strong execution ability. ?
English-Chinese translation article 3
International Labour Organization (ILO) found it harder for young people to find jobs in 216
Global youth unemployment has been started to worse after three years of modern improvement, With Young People in Emerging Economies Suck As Brazil Particulary Badly Hit.
In the past three years, the global youth unemployment rate has improved, but now it is getting worse, especially for young people in emerging economies such as Brazil.
The number of unemployed 15- to 24-year-olds in the world is set to swell by half a million thisyear to 71m, according to forecasts from the International Labour Organisation, the UN agency.As a result, The youth jobless rate will edge up from 12.9 per cent in 215 to 13.1 per cent, close to its peak of 13.2 per cent in 213.
According to the forecast of the International Labour Organization (ILO), a subsidiary of the United Nations, the number of unemployed people aged 15 to 24 in the world will increase by 5, to 71 million this year. As a result, the youth unemployment rate will rise from 12.9% in 215 to 13.1%, which is close to the peak of 13.2% in 213.
Many young people have struggled to find a secure foothold in the labour market since thefinancial crisis, Leaving them systematically exposed to the ups and downs of the slow and uneven global recovery.
Many young people have had a hard time standing on the labor market since the financial crisis, which especially made them feel the ups and downs of the slow and unbalanced global recovery.
The ILO blamed the deep recessions in emerging economies such as Russia and Brazil thathave been hit by falls in commodity prices. It predicted that youth unemployment in middle-income emerging countries as a whole would increase from 13.3 to 13.7 per cent this year, With Latin America the worst-hit region.
The International Labour Organization attributed the reason to the deep recession in emerging economies such as Russia and Brazil, which were hit by the fall in commodity prices. The organization predicts that, overall, the youth unemployment rate in middle-income emerging economies will rise from 13.3% to 13.7% this year, and Latin America is one of the regions hardest hit.
That would more than offset an improvement in rich countries from 15 to 14.5 per cent,driven by Europe? S gradient economic recovery. The rate in poor countries will increase from 9.4 to 9.5 per cent. < P > This will greatly offset the impact of the improvement of youth unemployment rate in rich emerging economies. Driven by the gradual economic recovery in Europe, the youth unemployment rate in these countries has dropped from 15% to 14.5%. The youth unemployment rate in poor emerging economies will rise from 9.4% to 9.5%.
young people are also more likely to be stuck in jobs that are too badly paid or inserted to lift them out of poverty, the ILO said.
According to the International Labour Organization, young people are also more likely to be forced to take low-paying or unstable jobs and cannot extricate themselves from poverty.
In total, almost 38 per cent of working young people in the world are in poverty, comparedwith about a quarter of all working adults. Sub-Saharan A
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