The opening-up of the services sector and rising investor confidence in the stock market will aid China in achieving stable economic growth next year, according to analysts . At a meeting held on Dec 13 by the Political Bureau of the Communist Party of China Central Committee it was decided to uphold “speeding up all-around…
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…
Opportunities are present, and should be used, for a productive dialogue on improving transportation connectivity between the two continents Since China launched the Belt and Road Initiative in 2013, the transportation links between Europe and Asia have been in the public spotlight. Eurasian connectivity has become a hot topic for businesses, policymakers and journalists. Better…
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.…
‘Vitality, resilience and innovation’ should be the focus of reform, vice-premier says China will further promote economic upgrading by vitalizing private enterprises, deepening the reform of State-owned enterprises and enhancing financial markets’ ability to serve the real economy, Vice-Premier Liu He said on Oct 19. The world’s second-largest economy has maintained steady and improving growth…
Vital insights given on building community with shared future for mankind Editor’s note: On the sidelines of the Taihu World Cultural Forum in Beijing, China Daily’s Publisher and Editor-in-Chief, Zhou Shuchun, hosted a cultural dialogue among prominent international political figures at the Palace Museum. They discussed global challenges and shared their views and insights about…
China will ratchet up its push to promote the application of cutting-edge technologies – including virtual reality – in a wide range of sectors as part of its broader efforts to seek high-quality growth, President Xi Jinping said on Oct 19. As a new round of technological revolution and industrial transformation gathers momentum, VR technology…
Pan Rongda has always been mesmerized by the old neighborhoods in Shanghai’s Hongkou district, an area where alleyways intertwine, vibrant markets are bursting with life and traditional dwellings have remained largely unchanged for more than a century. The 30-something was born and raised in the area north of Suzhou Creek, which has largely retained its…
Elevators installed in aging residential buildings are making life easier for elderly people It wasn’t long ago that Li Baozhen, 93, was feeling trapped in her own home. Living on the sixth floor of an apartment building in Shanghai’s downtown Hongkou district, and with no elevator to use, she was isolated from the world around…