Chinese economy full of resilience

By Lu Yanan from People’s Daily Despite complex domestic and international environment, China has managed to run its economy with a good start since this year, keeping major indicators within a reasonable scope and displaying strong economic resilience. A total of 195 million domestic tourist trips were made during the four-day May Day holiday, and each day there were 9,266 […]

Silk Road Fund facilitates financial integration along Belt and Road

Xie Duo, Chairman of the Silk Road Fund The Silk Road Fund is a medium- to long-term development and investment fund established to facilitate the Belt and Road Initiative (BRI) – an active exploration and a great practice to cement international cooperation and promote common development. The organization has always been giving full play to its advantage in medium- to […]

Commentary: China has enough strength to address economic challenges

By Zhou Renjie “You can always find more solutions than challenges.” this is what a Chinese saying goes. Against the backdrop of a complex and fast-changing domestic and international environment, China has, since the beginning of this year, maintained strategic focus, followed the general principle of pursuing progress while ensuring stability, and as a result kept major economic indicators within […]

Green investment prioritized in Belt and Road cooperation

By Ouyang Jie, People’s Daily China is reinforcing cooperation on environment-friendly investment and green financing with financial institutions from multiple countries and regions, in an effort to curb carbon emission generated from infrastructure construction, and secure low-carbon and sustainable growth of countries along the Belt and Road. The Global Infrastructure Hub (GIH) predicted that by 2040, most of the investment […]

The Significance of “Belt and Road” for African Integration

By Engineer Wondimu Tekle Sigo It was a good chance to visit the great nation-China. I visited China in 2011 and 2013 respectively for about ten days each, which is a very short time to explore such a big nation. However, in addition to Beijing I had an opportunity to visit Shanghai, Guangzhou, and Hangzhou. Due to my professional background, […]

China’s Belt and Road initiative to embrace a second global gathering after six years of glory

By Hu Zexi from People’s Daily Almost six years after China put forward the Belt and Road Initiative (BRI), thousands of delegates from over 100 countries, including nearly 40 government leaders, are expected to gather in Beijing in late April to discuss on the fruits and prospects of the grand vision. The second Belt and Road Forum for International Cooperation […]

New foreign investment law to bring China better business environment: expert

By Li Weihong and Yang Xun from People’s Daily   China’s newly-drafted foreign investment law will lay a solid legal foundation for China to provide a better business environment for foreign investment, and to move towards a new pattern of all-round opening up, a Chinese expert said in an interview with People’s Daily. The law, which is undergoing review by […]

Cutting-edge core technology can only be developed at home, university head says

By Yang Xun from People’s Daily Cutting-edge core technology should not be imported, but developed domestically, Shi Yigong, a well-known scientist and president of Westlake University, told reporters at the Great Hall of the People in Beijing on March 3. The aim of the China’s first new type of private research university is to become a world-class institute, said Shi, […]

Final Consumption contributed 76.2 percent to China’s economic growth

The 6.6-percent economic growthChina maintained last year was not aneasy-won achievement especially given the fact that the country’seconomy has been developing rapidlyfor 40 years sincereform and opening up,said Yang Decai, director of the Department of Economics at Nanjing University. Yang, who is also a member of the 13th Chinese People’s Political Consultative Conference (CPPCC) National Committee, explained that most economies […]