A number of provinces and cities are eager to be involved in the "Belt and Road"(B&R) initiative, including Southwest China`s Tibet Autonomous Region. The opening-up of Tibet is in line with the general trend, but due to some historical and geopolitical factors, it has had to face some special challenges involving international strategy and security in the process of its development.
China unveiled reform plans for the financial sector to better serve the real economy while guarding against risks.
Standing on the top of the monumental gate into Russia at the border city Manzhouli and looking north, I can see Zabaykalsk, the final stop of the Far Eastern Railway within Russia. The Russian town is also an important pivot of the Belt and Road initiative. Many of the freight rail lines linking Chinese cities with European countries that opened in the past year pass here.
China has offered to establish a new, trilateral dialogue mechanism with the Palestine and Israel to settle their conflicts, and seeks to defuse tensions in the Middle East by pushing forward the Belt and Road initiative, President Xi Jinping told Palestinian President Mahmoud Abbas in Beijing.
The UK Premier League`s Chelsea Football Club apologized to China and Chinese soccer fans after its player Robert Kenedy posted videos targeting the country and its people.The apology was made on Sunday on Chelsea`s website in both Chinese and English, after the club initially posted an apology on its Chinese Sina Weibo microblog and Kenedy deleted his posts and appeared to have apologized.
China is now experiencing an unprecedented commercial revolution. When you walk along streets in Beijing, you will find groups of bikes of all colors placed nearby the subway stations — yellow, orange, green, blue… You can even find Minions-themed bikes. After a long and tiring day at work, office workers emerge from the subway stations, take out their cellphones, find a bike, open the corresponding app, and scan a QR code to unlock it. When they reach their destination, they just need to lock t
China`s economic achievements in the past decades have attracted an increasing number of other developing countries, which have sent officials to China to learn the secrets to its success.
India, Bangladesh and Myanmar are all founding members of the Asian Infrastructure Investment Bank (AIIB). Under the frameworks of AIIB and the Silk Road Fund, some infrastructure projects and industrial projects related to the BCIM Economic Corridor are still possible.
Despite the encouraging consensus led by China`s efforts, the Hamburg declaration`s vision to achieve free trade and economic prosperity is shorter and less specific than in Hangzhou and the language is weaker, said Erik Berglof, director of the Institute of Global Affairs at the London School of Economics.
Tension to remain if India ignores precondition: experts
The 12th G20 Summit will be held in Hamburg, Germany on 7th and 8th July. On this occasion the theme of the summit is “Shaping an Interconnected world”, expressing the participants’ desire to maintain an open trade system and promote globalization, and their resolve to do so. Economic globalization cannot be realized without the support of financial globalization, and therefore maintaining the stability of the global financial system is vital to global economic growth.
After tenacious efforts by all G20 members, with the US as a dissenting voice, the recent G20 Hamburg Summit maintained the basic course of the G20 on global governance for a prosperous global economy. This was achieved against a strong headwind of systemic de-globalization policies proposed by President Donald Trump of the US.
Unlike what traditional globalization theories suggest, the Belt and Road Initiative is largely westbound with a focus on China`s western provinces and landlocked economies in Central Asia. Apart from infrastructure investment, economies along the two routes will have access to China`s production capacity and bricks-and-mortar industries, regardless of their so-called ideological differences.
The key to the Belt and Road lies in the connectivity of interests. Discovering and developing more common interests among different countries and regions through the Belt and Road will boost their cooperation in addressing many a conundrum.
China would like to make concerted efforts with France to continue to view the bilateral relations from a strategic height and a long-term perspective, Xi said during his meeting with Macron at the annual G20 Summit in Hamburg, Germany.
On May 12, 2016, China`s People’s Daily managed to find a small, yet strategically important space for a brief article with four photographs. These were related to a freight train with 86 cargo containers, waiting at a station in Lanzhou, northwestern China, poised for a journey to the Nepalese capital of Kathmandu.
China`s major policies in the past five years have not only driven the development of the country but also offered a solution to the issues of world development and global governance, while contributing to peace and prosperity, Chinese experts said.
The 2017 G20 summit will take place Friday and Saturday in the German city of Hamburg. Chinese President Xi Jinping is scheduled to attend the conference and hold a bilateral meeting with his US counterpart Donald Trump.
US President Donald Trump and his Chinese counterpart Xi Jinping have kept on good terms. The two heads of state met again at the G20 Hamburg summit after their first face-to-face meeting at a Florida resort in April. This time they aimed at developing the 100-day plan for trade cooperation rolled out at the previous Mar-a-Lago summit into a one-year project.
In recent years, Hong Kong`s economy has been facing the pain of transition, amid financial turbulence at home and abroad and challenges to Hong Kong`s status as an international financial center from Singapore and other cities. At this critical moment, the Belt and Road (B&R) initiative can endow Hong Kong with new impetus.