President Xi Jinping has pointed out on many occasions that the world is undergoing changes not seen for a century. For nearly 100 years, human beings have experienced two world wars, the Great Depression, the financial crisis, and countless regional hotspots and local wars. At the same time, the establishment of an international system centered on the United Nations, including the Bretton Woods system, has given the world a measure of overall peace for more than 70 years. The world economy has also made progress in leaps and bounds. Countries have reached a level of interconnectedness and interdependence in politics, economy, culture, science, and technology that has not been seen for 100 years. Today, the world is once again facing big changes, bringing about strong shocks and great uncertainty. Human beings are once again confused by the world they live in and are anxious about the prospects of the world order. We need to think hard about what these changes mean to the future of the
The globalization of the world economy is entering a transformative period of evolution from the traditional mode of the knowledge economy to the age of artificial intelligence (AI) and other digital-based technologies. Accompanying this comes a fundamental shift in what it means to be a leader in the marketplace and in the technology sector in particular.
It is indeed thought-provoking for me standing in front of a picture showing some female students taking a group photo after a theatrical performance in the 1930s, as showcased in the Xiamen University history exhibition. The university, like many peer universities in China, is celebrating the 100th anniversary of the May Fourth Movement solemnly.
The Belt and Road Initiative (BRI) has received wide participation and attention from the world since it was proposed six years ago. It is expanding its “circle of friends” and achieving more and more progress.
This is an important year for Europe as economic slowdown is likely - the IMF projects EU growth will fall to 1.6 percent in 2019. Regarding major external influences which can improve or worsen this situation, the US will also slow, the IMF projecting a decline in growth from 2.9 to 2.3 percent, while China's growth is expected to be far higher at 6.0-6.5 percent.
With the second Belt and Road forum for International Cooperation opening this week, the BRI has been thrust into the media limelight. What has been achieved in the past five years since the initiative was first put forward? How to turn the BRI vision into reality? Five Years of the Belt and Road Initiative is a book series co-published by Chongyang Institute for Financial Studies, Renmin University of China and Foreign Language Press, analyzing the initiative from the perspectives of policy communication, infrastructure connectivity, trade connectivity, financial integration, and people-to-people connectivity. Here is an excerpt of the episode on people-to-people connectivity.
Xi’s speech has sent a strong message that China’s future and the BRI are now closely linked, reassuring the world that the BRI is not a short-term goal, but a sustainable and beneficial development plan for the whole world.
In March, China and Italy have witnessed the signing of a memorandum of understanding (MoU) on the Belt and Road Initiative (BRI), making Italy the first G7 nation to officially endorse the BRI.
Why does the BRI value infrastructure? Infrastructure does not make money directly, nor does it make money quickly, so why does China invest in infrastructure beyond its borders? This is a common concern at home and abroad.
President Xi Jinping delivered a keynote speech at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing on Friday. Here are the highlights.
In an article titled "Three Questions on China's 'Belt and Road Initiative'" published in the China Economic Review, the official journal of US-based Chinese Economists Society, Leonard K. Cheng questioned the motive behind the Belt and Road Initiative (BRI). As the article says, the real intention of the China-proposed BRI is not just limited to exporting excess production capacity, boosting domestic demand, increasing foreign investment, securing supply of strategic resources, and promoting the Chinese yuan's internationalization.
The second Belt and Road Forum for International Cooperation (BRF) in Beijing on April 25-27 must aim to be as constructive as the Belt and Road Initiative (BRI), which was launched in 2013.
On Friday, 37 heads of state or government will attend the second Belt and Road Forum on International Cooperation in Beijing. Over 5,000 participants from more than 150 countries and 90 international organizations are scheduled to attend the three-day event.
Six years into its development, the Belt and Road Initiative (BRI) is more celebrated as a resounding call for advancing and rebalancing globalization, forging a new pathway toward inclusive globalization that delivers widely-shared benefits.
With the second Belt and Road forum for international cooperation kicking off this week, the BRI has been thrust into the media limelight. What has been achieved in the past five years since the initiative was first put forward? How to turn the BRI vision into reality? Five Years of the Belt and Road Initiative is a book series co-published by Chongyang Institute for Financial Studies, Renmin University of China and Foreign Language Press, analyzing the initiative from the perspectives of policy connectivity, infrastructure connectivity, trade connectivity, financial connectivity and people-to-people connectivity. Here is an excerpt of the episode on policy connectivity.
THIS year marks the sixth anniversary of the inception of the Belt and Road Initiative (BRI). In April 2019, China will host the second Belt and Road Forum for International Cooperation in Beijing. While welcoming guests from all over the world, we also need to make clarifications on some internationally prevalent misunderstandings about the initiative. Only in this way, can we enhance the people-to-people bonds, realize shared growth through consultation and collaboration, and ensure long-lasting and fruitful cooperation.
Despite the remarkable achievements made over the past five years, the Belt and Road Initiative (BRI) is still faced with some skepticism and misunderstanding at home and abroad. Some people regard the BRI as China's Marshall Plan. However, the two are essentially different in terms of intention, content, and additional conditions.
Following a recent report saying that the United States canceled Chinese scholars' visas or placed them under administrative review by the FBI, experts warned that Washington's ramping up measures to treat China as a rival could significantly harm normal bilateral exchanges and damage the country's open and inclusive national image.
When the two countries established diplomatic relations 40 years ago, mere thousands of mutual visits were made, whereas now the number has risen to over 5.3 million every year, with some 14,000 people flying across the Pacific Ocean between the two countries every day.
Durian is one of the main fruits that Thailand exports to China. When I was a correspondent in Thailand eight years ago, a Thai exporter told me that it took around 10 days for durians from being picked to being transported to ports on China's southeastern coast. Durian should be picked when it is 60 to 70 percent ripe. The exporter's profits suffer as durians shrink and lose weight during transportation.