The Forum on China-Africa Cooperation, acting as a model for South-South cooperation since its establishment in 2000, will continue to be an important platform for jointly building a community of shared future for mankind, diplomats and researchers said.
In the past five years since China first proposed the Belt and Road (B&R) initiative, massive infrastructure projects from railways to ports and power plants have been built in many countries, with tangible benefits that have been hailed by locals. But the B&R has also encountered challenges, some of which are likely to continue if left unaddressed, experts said on Monday.
From 2013 to 2018, the initiative has turned from a proposal into action and has become the world's largest international cooperation platform, China Media Group said in a report on Saturday.
As the Chinese saying goes; “the three-year-old child is the father of the man.” Three years after the Belt and Road Initiative (BRI) was proposed, Chinese President Xi Jinping pointed out that “the progress and outcomes of the BRI have exceeded expectations.” Five years later, the outcomes of BRI have exceeded not only the expectations of China but also those of the world.
China's Belt and Road Initiative (BRI) is celebrating its fifth anniversary amid once-in-a-century changes on the international landscape. Over the past five years, China has witnessed a narrowing gap with most Western countries, thriving to be the Asian powerhouse amid a wide spectrum of prosperity across emerging economies.
Two days of trade consultations between China and the US, which ended on Thursday, showed that both countries do not want an all-out trade war and that disputes might be resolved through further talks by mid-2019, Chinese experts said on Friday.
The leaders of China and Pakistan reached an agreement in 2013 to jointly promote the construction of China-Pakistan Economic Corridor (CPEC), which is a landmark in the history of bilateral relations. With the implementation of the CPEC project in the last five years, the traditional political and strategic relations between the two countries have transformed into a continuously deepening pragmatic partnership with an economic win-win strategy. The construction of CPEC is of strategic and econo
The Smart China Expo held in Chongqing Municipality from August 23 to 25, 2018, has attracted great attention from many countries, and various top-ranked companies from abroad and domestic industries have shown their best technologies and latest innovations in the smart industries.
Taking the opportunity of the 60 year anniversary of the establishment of diplomatic relations between China and Iraq, Chinese President Xi Jinping said he is willing to work with the Iraqi president to deepen bilateral strategic partnership.
The Belt and Road Initiative (BRI) was initially intended to establish connectivity throughout the Eurasian continent but has now gone beyond to reach Africa and Latin America. The network is a powerful global cooperation platform through the air, land, sea, and the Internet.
Although, most of the international organizations, including the World Bank and IMF, have credited China as the largest investment contributor and the biggest constructor for Africa, Western media and some government officials have misleadingly distorted China's loans to Africa as so-called "debt traps" or "neocolonialism."
The launch of Strategic Security and Military Cooperation between China and Africa, expected to be approved by the FOCAC Summit, is a major roadmap aiming at a coordinated response to the many interlinked challenges confronting the stability of the continent with the purpose of strengthening security and resilience, conducting cross-border counter-terrorist operations, combined military training and joint operations, deepening exchanges on new technologies, and intelligence sharing on security o
Together, Africa and China should spare no effort to rebalance economic globalization so as to advance Africa toward the “efficiency-driven” stage where competitiveness depends on higher education, better developed labor and financial markets, and the adoption of new technologies.
China has officially eased foreign ownership curbs in the banking sector, indicating that the country is taking steady steps to further open its financial sector, and experts predicted that there would be more measures to be implemented amid the country's strong determination to reform.
Sino-South Korean relations have plunged since the deployment of the US' Terminal High Altitude Area Defense (THAAD) anti-missile system in South Korea last year, which affected communication between the countries. It's understandable that seminars involving political and diplomatic relations between the two countries were affected.
The US Indo-Pacific strategy seeks to use political (emphasizing democratic values), economic (exclusive institutional economic and trade arrangements), diplomatic (strengthening bilateral alliances and sowing discord between China and other countries), military (joint military exercises and arms sales) and other means to co-opt China’s neighboring countries to undermine China, contain China’s rise, and ultimately maintain US hegemony.
The world is threatened by tariff hikes and prospects of a trade war, accompanied by improvised suggestions for abrupt changes in the international trading system. This is not only frightening but also paradoxical in light of the fairly consistent and positive developments in the global trade system over the past decades.
China and the US were set to resume their often contentious trade talks on Wednesday in Washington with both sides remaining circumspect about a possible breakthrough, considering the delegations are being led by a Chinese vice minister and a US under secretary.
Malaysian Prime Minister Mahathir Mohamad's China visit that began on Friday is the most important high-level exchange since the new Malaysian government took office. The trip depicted a blueprint for bilateral cooperation and gave an answer to those pessimistic about China-Malaysia relations.
The China Banking and Insurance Regulatory Commission (CBIRC) has encouraged banks and other financial institutions to work more vigorously to meet the financing demand of the real economy, in particular, cash-starved private and small firms, agriculture and rural regions, and lagging economic areas including infrastructure.