Chen Dingding: How Does China Really Think About WTO Reform?

It has been roughly two decades since China was permitted to join the World Trade Organization (WTO) in 2001. Prior to its accession, there was one economic metric on which it already ranked first. China, by multiple estimates, had the largest economy outside the WTO, ranging from foreign trade to the stock of foreign direct investment. Given the skyrocketing growth of the Chinese economy during that time, it takes very little imagination to foresee that China’s leadership came to appreciate membership in the WTO as a watershed for the country to embark on a more promising economic future.

Highlights of 2019 Government Work Report

Premier Li Keqiang delivered the Government Work Report to the second session of the 13th National People's Congress in Beijing on Tuesday morning. Here are the highlights:

Danilo Türk: Water as an Instrument of Peace

China is in a good position to exercise leadership. Not only has China become the second largest economy in the world, it is already among the most important players in the field of trans-boundary water cooperation. China is a source of several rivers supplying South and South-East Asia with water.

Wang Peng: China to enhance mutual trust between DPRK and US

The 2019 DPRK-U.S. Hanoi Summit was a decisive two-day meeting between DPRK Chairman Kim Jong Un and U.S. President Donald Trump. Media around the world had great anticipation that the two equally strong leaders may find a final solution and practical guideline for the chronic security tensions between the two nations.

World experts expect greater role of China in global governance

BEIJING, March 2 (Xinhua) -- As the annual sessions of China's top legislative and advisory bodies approach, world experts look forward to a greater role of China in improving global governance.

India's slow industrialization shows failure to grasp globalization

While there have been discussions surrounding how India's industrialization will affect China in the future, one realistic question currently faced by India is whether the country can achieve industrialization at all.

Ding Gang: Deindustrialization needs modern governance tools

Over the past two to three decades, almost all developed countries have experienced shakeout in industries, shrinking workforce and the substitution of human labor by machines, especially in manufacturing. The process has been prominent even in economies such as India and Brazil, which have not yet completed their industrialization.

Liu Ying: Economy can resist external pressure

The International Monetary Fund recently lowered its global economic growth outlook amid international trade conflicts. Combined with this, the economic structural adjustment in China has created new and some difficult challenges for the Chinese economy.

Wang Peng: BRI not meant to counter US Indo-Pacific strategy

Since its inception, the "Belt and Road" initiative (BRI) has been gaining partners around the world. The international community's attitude toward the BRI has gradually changed from initial incomprehension, suspicion and fear to one of understanding, acceptance, and participation.

Mastercard JV plan in line with China’s opening-up policy

A reported attempt by Mastercard to form a joint venture (JV) with Chinese online payment clearing house NetsUnion Clearing Corp (NUCC) is in line with China's opening-up effort in the financial market, analysts said.

China's ties with Iran and Saudi Arabia are fair and square

Wang Yiwei: Europe must choose wisely on Huawei for digital future

The UK's National Cyber Security Centre recently concluded that any risk posed by using Huawei 5G networks can be managed, according to unnamed sources cited by the Financial Times. Some Western media have said that this shows the UK and other European countries haven't followed the US on the so-called outright ban on Huawei's 5G equipment. Instead, they are cautiously taking a relatively balanced view based on their own interests. The UK is part of the intelligence-sharing group known as Five Eyes, and its approach on the issue is likely to set an example for other European countries to address security concerns involving Huawei and to purchase Huawei's 5G equipment.

Wang Peng: China-Iran to deepen strategic trust and cultural exchanges

At this strategically meaningful moment, a luxury high-ranking delegation came to Beijing from Teheran directly. This 40-top-official team includes Iranian Islamic Parliamentary Speaker Dr. Ali Larijani, Foreign Minister Mohammad Javad Zarif and a dozen of ministers and vice-ministers in energy, petroleum, transportation, finance, the CEO of Iranian central bank, and so forth.

Ding Gang: Huawei’s uphill battle in going global

Whether Huawei is a Chinese company or a global corporation is a question worth pondering. Started as a Chinese company, Huawei aimed to go global, but never lost its national identity. Being global means the company's investments, technology, human resources, products and services as well as profits are derived from the international market.

Wang Wen: The US can’t let debt cast shadow on its economy

In the long run, debt expansion propels favorable policies that stimulate the economy. The fiscal deficit is a persistent problem with a protracted history. Since former president Ronald Regan, US presidents have all adopted expansive fiscal policy. The US government has to borrow new debt to pay back the old, creating rollover risks. The country's low savings and high consumption model has also driven the US to keep large amounts of debt.

Lin Minwang: Indian govt trying to find a winning position for election

The Indian Ministry of External Affairs has said the cancellation of some Belt and Road projects in Pakistan and Nepal is testimony to some unacceptable conditions of the initiative proposed by China.

Liu Zhiqin: Countries need to work together to 'CURE' world illnesses

The recent trade talks between China and the United States ended on February 15 in Beijing. The outcome of this round of negotiations has attracted much attention from the international business community. As expected by most experts, the talk yielded a positive result. And it was announced that further talks will be held soon.

In Munich, China shows positive role in global politics

If the Munich Security Conference acts as a barometer to gauge world politics, this year has shown quite contradictory trends: confrontation and cooperation, and unilateralism and multilateralism.

RUC delegation visits India for universities and think tanks cooperation

On January 27-31,a delegation led by Du Peng, vice president of Renmin University of China (RUC), visited Mumbai and New Delhi, India. The delegation attended the second China-India Population Ageing Forum, and visited Tata Institute of Social Sciences (TISS), Somaiya Vidyavihar, Delhi University, and Jawaharlal Nehru University .

Wang Peng: Trump to declare national emergency

U.S. President Donald Trump plans to declare a national emergency to find the extra funds needed to build his long-promised "Mexico Border Wall," which, as American media is predicting, creates the prospect of a new court battle.