The universal message that East and West can work together is a fundamental component of the relationship The unstoppable rise of Apple, which hit the $1 trillion mark in market capitalization in August, as an indisputable global tech superpower has no end in sight. As fashionable as it has been for Western journalists to list…
Despite its benefits, project to bathe city in artificial nighttime glow raises concerns about consequences to people, animals Call me old-fashioned but I have to admit to feeling slightly queasy about plans to launch an artificial moon into the skies above Chengdu, the capital of Sichuan province. One is even left wondering what the Chinese…
Despite the slowdown in GDP, a deeper look at the statistics may provide reason for optimism At first glance, China’s third-quarter economic performance doesn’t grab much attention. According to the National Bureau of Statistics, GDP growth slowed to 6.5 percent year-on-year, the lowest since the first quarter of 2009, early in the global financial crisis.…
Economy expanded 6.7% in the first three quarters, with per capita disposable income rising by 8.8% China’s GDP growth eased to 6.5 percent year-on-year in the third quarter, the lowest in nearly 10 years, but the fundamentals remain stable, since the country has taken a series of measures such as tax cuts to revitalize the…
The intensifying trade and investment ties between China and partners in the Belt and the Road Initiative are likely to bring increased adoption of the renminbi as a trade and investment financing currency, an expert says. China and its BRI partners could reduce transaction costs by using the RMB, or yuan, as a trade settlement…
Editor’s note: This year marks the 40th anniversary of the launch of China’s reform and opening-up policy. China Daily profiles people who experienced or witnessed the important drive. Esteemed author says nation’s development model can be a blueprint for emerging economies China’s rapid growth since the reform and opening-up process began in 1978 has not…
Home appliance giant Midea Group set up a new industrial internet platform and a new brand for artificial intelligence-based home appliances on Oct 19, as part of the company’s plans to upgrade its business. The industrial internet platform will help Midea, based in South China’s Guangdong province, to become the country’s first independent industrial internet…
China is sending a signal that it is committed to bringing the best goods and services from around the world by holding an expo dedicated to imports, according to a senior multinational executive. Rachel Duan, president and CEO of GE China, was speaking ahead of the China International Import Expo, which begins in Shanghai on…
Goethe-Institut marks three decades since it set up operations in China with a 30-hour event The Goethe-Institut is celebrating its 30th anniversary in China this year. And one of the highlights was a 30-hour celebration, with concerts, performances, art installations, film screenings, lectures and events for children in November at its base in Beijing’s 798…
A large-scale exhibition celebrates the life and art of classic painter Dong Qichang The works of one of the most important figures in Chinese art history, Dong Qichang (1555-1636), are being presented in a large-scale exhibition at the Shanghai Museum. The Ferryman of the Ink World: Dong Qichang’s Calligraphy and Painting Art consists of 154…