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Wang Peng: SK not mauled by failure of Hanoi summit
The high-profile summit between North Korean leader Kim Jong-un and US President Donald Trump ended without an agreement in Hanoi, Vietnam. Some observers believe that South Korea has been the biggest loser as the Hanoi summit fell apart. In their opinion, South Korean President Moon Jae-in had been eyeing major diplomatic achievements from the summit. But the Moon administration, observers say, was disappointed.
2019-03-06 -
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.
2019-03-06 -
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:
2019-03-05 -
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.
2019-03-05 -
World experts expect greater role of China in global governance
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.
2019-03-04 -
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.
2019-03-04 -
Economic issues top agenda at upcoming two sessions
As thousands of Chinese lawmakers and political advisors start to arrive in Beijing for the annual legislative and political consultative sessions, the most important political event in the country, there will be major tasks to be fulfilled and abundant issues to be discussed.
2019-03-04 -
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.
2019-03-01 -
What the Hanoi result means for the world
U.S. President Donald Trump just met with Democratic People's Republic of Korea (DPRK) leader Kim Jong Un in Hanoi, Vietnam on February 27. Unlike the optimistic forecast, the summit failed to reach an agreement.
2019-03-01 -
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.
2019-03-01 -
China’s new sci-tech board gets special attention at CSRC chief’s media debut
China's science and technology (sci-tech) innovation board, which will feature a pilot registration system for listed companies, took central stage as the new China Securities Regulatory Commission (CSRC) Chairman Yi Huiman greeted the media for the first time on Wednesday afternoon.
2019-03-01 -
Significant boost imminent for financial ties in key region
Financial ties among Guangdong, Hong Kong and Macao will be further strengthened through promoting cross-area trading connections and financial innovation, said analysts, after the central authorities issued a comprehensive development plan for the Greater Bay Area.
2019-02-28 -
What’s behind extended Sino-U.S. trade talks?
Chinese negotiators will extend their stay in Washington by two days in an effort to end the seven-month trade war. “The fact that they [Chinese representatives] are willing to stay for quite a bit longer… means something,” U.S. President Donald Trump reportedly said.
2019-02-28 -
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.
2019-02-27 -
Middle East powers seek ties with China
Saudi Arabia Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud is scheduled to visit China from Thursday to Friday after his trip to Pakistan and India, in a sign that Chinese observers said shows the kingdom is seeking to diversify its diplomacy rather than merely rely on the US.
2019-02-27 -
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.
2019-02-27 -
E-waste is both "huge" and golden "opportunity"
Humankind's insatiable demand for electronic devices is creating the world's fastest-growing waste stream and opportunities at the same time, according to an article jointly published Thursday by two heads of UN agencies.
2019-02-26 -
Tariff may be temporary but dispute is not
After several rounds of talks, the US and China seem to be heading toward a deal over the thorny issue of tariffs. US President Donald Trump said Monday that he will hold a summit with Chinese President Xi Jinping to conclude an agreement to end the year-long standoff. What does it mean? How will bilateral relations develop in the future? Three experts shared their views with the Global Times.
2019-02-26 -
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.
2019-02-26 -
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.
2019-02-25
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