The Decision of the Communist Party of China Central Committee on Some Major Issues Concerning Comprehensively Deepening Reforms in 2013 offers some guidelines for this undertaking, while the generally stable, positive and progressive trend of the Chinese economy provides both the foundation and space for deepening supply-side reform.
Second-quarter economic figures show that India`s manufacturing sector growth slowed sharply from 10.7 percent a year earlier to 1.2 percent, leading to only 5.7 percent GDP growth - far below the anticipated level of 6.5 percent and the worst performance since 2014.
The US guided missile destroyer USS Chafee entered territorial waters near China`s Xisha Islands on Tuesday in pursuit of so-called freedom of navigation operations without permission from the Chinese government. The US violated Chinese and international law. China immediately dispatched military vessels and aircraft to warn the US ship to leave.
According to published statistics, China`s consumption during the National Day and Mid-Autumn Festival holidays this year from October 1-8 reached 580 billion yuan ($88 billion), surpassing expectations, with 710 million trips.
Wandering in the town of Otaru on the Japanese island of Hokkaido, one is overtaken by a nostalgic charm - being transported back in time to one of those black and white photos. The street views are mesmerizing, one of the reasons why the small town draws 6 million tourists annually.
As US representatives made testimonies on Tuesday alleging "intellectual property theft" by China, experts said China welcomed US companies to settle their complaints via bilateral channels, and said unilateral actions by the US would not help.
With its own development and becoming increasingly closer to the center of the world stage, China has been injecting positive energy into the international community in pursuit of better global governance over recent years.
Danilo Türk, Former President of Slovenia, Essam Sharaf, Former Prime Minister of Egypt, and Djoomart Otorbaev, Former Prime Minister of Kyrgyzstan are all senior fellows of Chongyang Institute for Financial Studies, Renmin University of China.
Academics around the world show great interest in how China made remarkable achievements since 1949, especially after the reform and opening-up in 1978. The answer lies in comparing China with developed countries in the West in ways of industrialization and modernization.
In responding to the tense situation on the Korean Peninsula, the US-South Korea and US-Japan alliance have been strengthened. Some US strategists even advocate the US allow South Korea and Japan to develop nuclear weapons. Chinese and Russian analysts have shown deep concerns about this trend.
In recent years, there have been some voices that question the veracity of China`s rapidly growing economy and the statistics that are published around it. Are these doubts valid and how does China’s economic data compare with other countries?
Former US secretary of state Henry Kissinger, who has described the US-China relationship as the "defining" relationship of the 21st century, said on Tuesday that both sides need to work together for "peace and human progress".Kissinger said conflict between China and the US would be a disaster for each society and for the world at large.
Competition between China and India is a hot topic of debate in both countries, but opinions are divided about what exactly the two are competing for.China-India competition is therefore not really about which side can cultivate the most global CEOs, but which country can create the most open economic system to attract the most global talent.
The key to the China-US relationship is how the two countries` peoples relate to each other, Vice-Premier Liu Yandong said in New York on Tuesday.
Former US Secretary of State Henry Kissinger said here Tuesday that the US-China relationship will be the defining relationship for the world of the 21st century, and the two countries should work together to promote peace and human progress.
The concept of a "lost 20 years" is used to describe the prolonged period of stagnation in Japan since the country`s 1991 economic crisis. People who experienced the Showa period (1926-89) and Heisei period (1989 to present) will be able to recognize the changes in Japanese society. However, compared to the former glory, what the mediocre Heisei period has lost is far more than just the economic downturn reflected by data.
Since Narendra Modi came to power and launched his program of intensive domestic reform, India`s economy has made massive strides forward. The country`s economic performance in recent years is really striking. The Indian government has gone so far as claiming that its economy has "outpaced China". Latest statistics have shown a trend of weakening in the India economy. Reuters said that India lost fastest growing economy tag.
With tensions rising on the peninsula, the Trump administration urgently needs a comprehensive and cohesive strategy and control over decision-making. Lawmakers in the US should not create trouble for Trump or queer the pitch for better Sino-US relations. Interaction between China and the US to resolve the North Korean nuclear issue will significantly impact the bilateral relationship over the next five decades. Hence, everyone needs to be prudent.
The People’s Bank of China (PBOC) announced in early September that virtual currencies such as Bitcoin were suspected of supporting criminal activities such as illegal fund-raising, financial fraud and pyramid schemes, and implemented an immediate halt to their use.This strict regulation of the virtual currency trade market imposed by China’s authorities is unprecedented.
Recent tensions on the Korean Peninsula have underlined the significance of the Iran nuclear deal, Foreign Minister Wang Yi said on Wednesday at a meeting with foreign ministers of Iran and the six other countries that reached the deal.