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William Jones: Media and think tanks join hands to combat 'fake news' about China
Around 270 representatives of think tanks and media organizations from 99 countries gathered in Shanghai on November 6 and 7 for the second Hongqiao International Economic Forum on China's 70-year Development and the Building of a Community with a Shared Future for Mankind, to discuss the significance for the world of China's road to prosperity over the last 70 years and celebrate the success of the Belt and Road Initiative (BRI).
2019-11-11 -
William Jones: Media and think tanks join hands to combat 'fake news' about China
Around 270 representatives of think tanks and media organizations from 99 countries gathered in Shanghai on November 6 and 7 for the second Hongqiao International Economic Forum on China's 70-year Development and the Building of a Community with a Shared Future for Mankind, to discuss the significance for the world of China's road to prosperity over the last 70 years and celebrate the success of the Belt and Road Initiative (BRI).
2019-11-11 -
He Yafei: Global Changes Require China to Open Further
The world today faces profound changes unseen in a century, including in its economy. The rapid development of multi-polarization and economic globalization over the past several decades has brought about major changes in the balance of economic power. These changes are characterized by the rise of new powers in the East and the fall of old ones in the West, with the overall strength of developing countries and emerging economies rising considerably.
2019-11-08 -
Zhao Minghao: Great importance attached to phase one China-U.S. trade deal
Simultaneous tariffs cancellation on each other's goods is an important condition for China and the U.S. to reach a "phase one" trade deal, said Gao Feng, spokesperson for China's Ministry of Commerce at a press conference held on November 7. The phase one trade deal is an important step towards the unwinding of a trade war that has inflicted significant damages to the interests of both sides. As Republican Senator David Perdue of Georgia said, the amount of trade in the phase one deal is modest, but it can prevent the two countries from slipping into a "Cold War."
2019-11-08 -
Ding Gang: Rejecting RCEP won’t make India a winner
After India decided not to join the Regional Comprehensive Economic Partnership (RCEP), some officials and scholars inside the country claimed it is "a win for all those protecting national interests." But it is China that is likely to be the real winner as with India's withdrawal, China has lost a potential challenger. Indian media reports said that New Delhi's decision not to join the free trade pact will prevent Chinese products from flooding the Indian market, which may have dealt a body blow to Indian medium and small enterprises.
2019-11-07 -
Zhao Minghao: Pence Speech Sent Confusing Signals
As China and the United States continued phase one of their consultations aiming for a trade deal, U.S. Vice President Mike Pence delivered a speech at the Wilson Center on China policy in which he said the U.S. is seeking “a fundamental restructuring of our relationship with China.” About a year ago, his speech on the same topic at the Hudson Institute was widely seen as a declaration of a new U.S. cold war with China.
2019-11-07 -
He Weiwen: Facing the global headwind, China's economy offers hope
The second China International Import Expo (CIIE) opened on November 5, in the midst of a synchronized sharp slowdown in 90 percent of the world's economies. The second CIIE also offers a hope for the world with a vast, fast-growing Chinese market and a firm commitment to open the door ever wider, which explains the very high business attendance from the world over, with 330,000 square meters show area, 10 percent up from the first CIIE.
2019-11-06 -
Guan Zhaoyu: Greece Connects China with Europe, Cultural Communication Under 17+1
17+1 is not just limited to economic trade but also refers to cultural communication. Since 2019 there have been 36 Confucius Institutes in CEE countries. This number has increased by 50 percent over five years. Especially in Hungary, where there are five Confucius Institutes now. From 2012 to 2019, the number of registered students in Confucius Institutes has increased from 15,000 to 52,000 thousand in CEE countries.
2019-11-06 -
Wang Wen: Embracing and benefiting from China the best choice for the world
During my Cairo visit, I suggested to a few Egyptian diplomats that their country should allow visa-free entry for Chinese passport holders so they could visit and help promote Egypt's economic development. I was surprised to hear the reasons why this would be difficult. Apparently, there aren't enough hotels, only a few shopping malls, an underdeveloped payment system, and a shortage of Chinese tour guides. If there are too many Chinese traveling in Egypt, the country could not handle it, they explained.
2019-11-05 -
John Ross: Huawei access to 5G in UK involves a struggle as Washington continues interference
Over the weekend, the UK's Sunday Times leaked information about a fight taking place within the British government over whether or not to allow Huawei to participate in Britain's development of its 5G network. It is directly in the UK's economic interest that Huawei participates in developing the country's 5G network. But this involves a struggle in the coming weeks as it is clear that the US' Trump administration is continuing to intervene in the internal affairs of not only China, but of the UK.
2019-11-01 -
Ding Gang: China’s growth inseparable from its system
In the article "Farm lessons from China" published on The India Express, Indian scholars Ashok Gulati and Sakshi Gupta suggest that India should pay attention to China's three lessons to improve agricultural production. First, China spends a lot more on agriculture knowledge and innovation system (AKIS), which includes agricultural R&D and extension. Second, the incentive structure as measured by producer support estimates (PSEs) is much better for Chinese farmers than Indian farmers. The third lesson pertains to direct income support schemes.
2019-10-31 -
Zhang Jingwei: Romance of the Three Kingdoms, US, China and Japan
In the afternoon of October 22, the enthronement ceremony for Japan’s new Emperor Naruhito was held. Distinguished guests who witnessed the event included heads of states, royalties and high-ranking government officials from about 180 countries. Among them was Wang Qishan, President Xi Jinping’s special envoy and China’s Vice President. Attention was quickly drawn to a few noteworthy observations. Of the special envoys who attended the ceremony, Vice President Wang was of the highest level – i.e., a full state-level representative. In contrast, the US only sent a ministerial-level dignitary.
2019-10-30 -
RDCY attends the 15th World Chinese Entrepreneurs Conference (WCEC)
On October 21-23, the 15th World Chinese Entrepreneurs Conference (WCEC) was held in London, England. The theme of this conference is "The New World, New Opportunities for Chinese Businessmen", which attracted more than 3,000 entrepreneurs, government officials and scholars from more than 60 countries. Wang Wen, Executive Dean of the Chongyang Institute for Financial Studies, Renmin University of China (RDCY) and Deputy Dean of the Silk Road School, Renmin University of China, was invited to attend and delivered a keynote speech at the conference. At the closing ceremony, the research report "World Chinese Entrepreneurs in the Era of Great Changes: From History to the Future" was released by WCEC and RDCY.
2019-10-29 -
John Ross: HK radicals can't succeed
Hong Kong is part of China and the rioters have "zero chance of success" of separating the city from its motherland, an economic policy expert has said. " (For) the people who lead these protests, their demands are not the ones that they put forward, and what they really want is the separation of Hong Kong from China," said John Ross, a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China, on Thursday.
2019-10-29 -
Wang Wen: Hong Kong should be wary of US interference
There is another thing I cannot understand. It has been 22 years since Hong Kong returned to the motherland. Why do so many youngsters still not recognize their motherland? Why don't they respect the rule of law and social order? Why do they prefer violence? As one of the most competitive cities in the world, Hong Kong's educational and social elites have to rethink these questions. However, just as the Chinese word weiji, literally crisis, is a combination of the words "danger" and "opportunity," the social crisis of Hong Kong in 2019 is also an opportunity for the city to seek change and take off again.
2019-10-29 -
He Weiwen: Will China’s GDP Growth Slip Below 6%?
The latest official data shows that the Chinese economy slowed further in the third quarter this year, with its GDP growth rate of 6.0 percent, which is down from 6.2 percent in Q2 and 6.4 percent in Q1. The first three quarters combined had a rate of 6.2 percent, down from 6.3 percent in the first half of the year. The past seven quarters since Q1 2018 have seen uniform economic slowing, with the quarterly GDP growth rate of 6.8 percent in Q1 2018 dropping to 6.7, 6.5, 6.4, 6.4, 6.2 and 6.0 for each subsequent quarter, respectively. If this trend continues, Q4 2019 GDP growth seems poised to slip below 6.0 percent.
2019-10-28 -
City needs reform strategy to overcome difficulties
Hong Kong needs its own reform strategy to address the city's deep-rooted social issues, to enhance economic competitiveness and strengthen its role in the Guangdong-Hong Kong-Macao Greater Bay Area, experts say. Hong Kong is a gateway to China and therefore it will have the advantage of being the contact with the Chinese mainland market, said Ross, who is also a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China
2019-10-28 -
Lin Minwang: China and India, Looking Into the Future
Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held their second informal meeting on October 11-12 in the southern Indian city of Chennai. During the meeting, Xi said China and India, as ancient civilizations with several thousand years of history, have carried on exchanges and mutual learning until the present. The two countries’ ancestors overcame various obstacles to carry out extensive exchanges and promote the development of literature, art, philosophy and religion, which have greatly benefited both sides.
2019-10-25 -
Wang Wen& Liu Ying: Ten areas where China and US need to focus
Substantial progress has been made in the latest round of China-US trade consultations on October 11. The volatile trade dispute which has taken global economic circles by storm over the past year and a half hasn't led to the collapse of the two countries' trading relationship in at least 10 fields. Cooperation in ties hasn't evaporated but rather seems to be strengthening. Enhancing cooperation in these 10 areas will not only be a key to stabilize ties but also an effective way to reverse global pessimism.
2019-10-25 -
Liu Zhiqin: Hong Kong-Zhuhai-Macao Bridge—— A bridge towards common prosperity
The Hong Kong-Zhuhai-Macao Bridge is a very spectacular mega project. I can't help but marvel at the ingenuity and incredible fortitude of Chinese tech experts and the engineering construction teams who have created the world miracle. The completion of the Bridge is of great significance to the construction and economic development of the Greater Bay Area, as demonstrated in the following three aspects. The bridge has greatly enhanced the connectivity between Hong Kong, Zhuhai and Macao, underpinning the development of the Greater Bay Area.
2019-10-25
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