By the end of the third quarter this year, financing costs for microbusinesses will be substantially reduced as the State Council, China`s Cabinet, promotes inclusive finance to advance the real economy and poverty relief.
China`s efforts to regulate the economy are aimed at eliminating structural imbalances and sore points inherent in the Chinese economy.
Since China started the reform and opening-up drive nearly 4 decades ago, over 700 million Chinese have shaken off poverty, accounting for over 70 percent of global poverty reduction in the period.
The age of power and the big stick wielded by “the strong” are pitted today against the concept of win-win, which in the words of Laozi “benefits all things and does not compete with them”. More than ever, a dialogue with all nations will enable confrontations to be peacefully solved.
The forthcoming visit of top US economic advisers to China represents a good attempt on the part of the Trump administration to bring China-US trade relations back on track.
On the evening of April 17, RDCY Seminar Series No.110 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Zheng Zhigang, a professor at the School of Finance at Renmin University of China and senior fellow of RDCY was invited to give a lecture on the global capital market competition and the reform of China`s listing system, analyzing the measures to attract unicorn companies return.
The Belt and Road initiative was heatedly discussed at the ongoing China-Japan high-level think tank-media dialogues, reminding me of the European Coal and Steel Community, an organization set up in 1951 by six European countries to regulate their industrial production under a centralized authority.
“Opening-up is key to China’s economic growth over the past 40 years, and high-quality development of China’s economy in the future can only be achieved with greater openness”, said Chinese President Xi Jinping at the recent Boao Forum for Asia (BFA) Annual Conference 2018.
First quarter GDP data just published by 17 areas underlines the structural reforms and optimization taking place from Chinese coastal provinces to inland areas, experts said on Monday.
China has expressed opposition to the US-led attacks on alleged chemical weapons facilities in Syria, with experts saying that the situation will not escalate and the Syrian government`s edge in the country`s civil war is unlikely to be affected.
On Saturday China published the master plan for the Xiongan New Area and said it is "a strategy that will have lasting importance for the millennium to come, and a significant national event."
On the evening of April 11, RDCY Seminar Series No.109 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Tao Ran, a professor at the School of Economics at Renmin University of China and associate dean of Hanqing Advanced Institute of Economics and Finance was invited to give a lecture on the achievements during the 40 years of reform and opening up and the challenges facing China, interpreting China’s growth pattern deeply.
The Doklam standoff between China and India last summer has set bilateral relations at a low ebb. The standoff has prompted the two countries to more seriously review each other and figure out each other`s strategic intentions.
Sino-Indian ties have been recovering because of the forthcoming summit of the Shanghai Cooperation Organization (SCO) in China. But it remains uncertain if India`s policy toward China is a long-term strategic change or a temporary tactical move.
Since the beginning of this year, North Korea has adjusted its overall foreign policy. In the past two years, it adopted a confrontational approach toward the international community. But this year, it has apparently changed its stance. Pyongyang has not made any provocative moves and has constantly demonstrated goodwill.
According to China’s National Bureau of Statistics, new home prices rose in March from February in 55 cities among 70 major cities surveyed by the statistics authority. However, the change in prices was limited, ranging from 2.1 percent at the top to minus 0.4 percent in bottom. Meanwhile, prices in five cities remained unchanged and dropped in ten.
Since the middle of 2017, China-Japan relations have been improving, but fundamental problems still exist and relations between the two countries remain uncertain.
Experts said on Wednesday that China should import more consumer goods, high-tech goods and minerals, based on the call from the central government earlier this year to expand China`s imports.
The year 2018 is very special to China, as it marks the 40th anniversary of the country’s reform and opening up. And after such time, with the relentless efforts of the Chinese people, China is one of the world’s economic leaders. The country is in a mood of reflection, while continuing to look forward. The goal is to emphasize that China’s influence on the world comes not only as a hard power, but as a soft power as well.
China`s GDP rises 6.8% from year earlier in first quarter and jobless rate is down. First-quarter GDP data is on the positive side.The national economy has maintained stable development momentum