Connectivity of China with South Asia under the Belt and Road Initiative can only make a better Asia, experts said in Kavre, Nepal on Tuesday.
US Secretary of Defense James Mattis is paying an eight-day visit to Asia in a bid to "reaffirm the enduring US commitment to the Asia-Pacific region." It`s seen as preparation for US President Donald Trump`s upcoming trip to Asia in November.
The Chinese economy will be able to steer clear of rapid declines in GDP growth during the new development era, a prominent economist has said, while ruling out the possibility of an immediate rebound.
Chinese experts Wednesday slammed an Indian official`s remarks that China has been culturally controlled by India, saying the official is trying to boost the country`s national pride.
A modern economy is an urgent requirement for a smooth economic transition and a strategic goal, according to Xi`s report delivered at the opening of the congress. It will be achieved through supply-side structural reform, innovation, a socialist market system and opening up.
Xi realized that the mission to fight against poverty must be carefully planned to avoid any possible mistakes. That is why he asked the government at all levels to take "targeted efforts" to alleviate poverty. There are so many measures and guidelines to guide the whole society in order to facilitate the process of poverty alleviation.
Many contradictions still remain in India-US relations. Modi won`t satisfy all Trump`s demands in trade and market openness because of his "India First" thought mode and Washington and New Delhi hold different opinions about global climate change and the green economy.
Xi`s report shows China is at the intersection of continuity and change. At the core of Xi`s report was a firm dedication to the central missions of the Party: national unity, prosperity and modernization.
Xi`s report to the 19th CPC National Congress proves to the world that more than one path is available for countries striving to pursue socio-economic development and modernization. The development pattern in the West doesn`t fit all nations. China`s development experience shows that one can follow China`s path to head toward the modernization that was achieved in the developed world.
This year marks the 20th anniversary of the Asian financial crisis and the 10th of the start of the global financial crisis. As these anniversaries coincide with the 19th National Congress of the Communist Party of China, it seems an appropriate time to analyze the achievements and trends of China`s economy in the wake of these major crises and of China`s relations with the rest of the world.
"Infrastructure is the first step, and it will be followed with trade and investment and industrial cooperation. Efforts to facilitate trade and investment also matter and soft infrastructure improvements such as bilateral agreements on boosting customs clearance and newly opened air links have also increased over the past five years," Liu noted.
A new era does not start overnight. When it comes to one of the nation’s most fundamental interests - people’s livelihood and welfare - Xi Jinping and his team have been hard at work on a daily basis for the past 5 years (or even longer.) Hence, the 19th CPC National Congress is just a “comma,” or a “milestone” opportunity to summarize the two key concepts of its mission: “People” and “new era”.
On October 16, a fleet of Hitachi-built high-speed trains bought by the British Great Western Railway Corporation (GWR) started operation, on a route from Bristol to London, but it wound up as a total failure as severe delays and water leakage interrupted the journey.
Foreign experts share their views on the report delivered by General Secretary Xi Jinping to the 19th National Congress of the Communist Party of China in Beijing on Oct 18.
The economy has moved into a very critical stage from rapid growth to high quality growth. It`s very difficult to accelerate or to maintain speed. At present, the transformation of the economic structure is moving forward, increasingly met with challenges like unemployment. China must find new engines to power its growth.
Along with its economic prowess, China`s increasingly ambitious, but mutually beneficial, foreign policy is at times misunderstood. Questions have been asked about where the country stands in the global arena and how it balances its role as an emerging power and the world`s largest developing country.
The China-proposed Belt and Road (B&R) initiative has reshaped the landscape of globalization and given more importance to emerging markets, and it will play an even more significant role in boosting global economic growth, experts said.
There has been a healthy net inflow of foreign capital into the Chinese mainland`s securities market so far in 2017. Owing to the Shenzhen-Hong Kong and Shanghai-Hong Kong stock connect mechanisms, a large number of overseas investors now have access to the A-share market.
During the past five years of Chinese President Xi Jinping`s leadership, we have seen the destiny of China and of the world converging. The world has been eager to know the impact of China`s rise on human civilization and the global economy and how this impact will affect the life and work of peoples all over the world.
Since 1840, the worldview of Chinese people has undergone four major changes. During the later years of the Qing Dynasty (1644-1911), intellectuals realized that China had much to learn from the West, particularly in technology. In the early 20th century, China found that it could no longer be self-centered and had to turn to the West for the development needs of the country.