He Fan, Chief Economist of Chongyang Institute for Financial Studies at Renmin University of China, was interviewed by CCTV on Chinese economy.
In a little over a month since Donald Trump’s stunning victory in the presidential election, the president-elect has already, as he promised during the campaign, adopted a new thinking on China, most notably with his highly controversial remarks on the United States’ “one China” policy.
China and the European Union (EU) have gone through a bittersweet year in economy in 2016, stumbling over issues, such as the anti-dumping regime and "analogue country," while continuously advancing in trade, investment and strategic cooperation.
Discussions are heating up on global governance recently. Some believe that China, as a rising power, may replace the US to lead the world especially after US President-elect Donald Trump promised to quit the Trans-Pacific Partnership and withdraw from the Paris climate change agreement. It has a good ground, but it may take a long time to be realized.
The multi-billion-dollar China-Pakistan Economic Corridor (CPEC) offers a genuine business opportunity for Chinese security companies to expand overseas, but only for a small circle of elite operators, said an executive at a leading Chinese security firm.
President Xi Jinping praised cooperation between China and the United Nations and reaffirmed China`s firm support for the organization in a phone conversation on Monday with outgoing UN Secretary-General Ban Ki-moon.
China has to realize its goal of environmental protection in the shortest time possible. In the future, the competitiveness and impact of the China model also need to be embodied to a greater extent by a blue sky.
With the current globalization mode being challenged by rising protectionism, China-proposed Belt and Road Initiative (B&R) provides insight into building a new mode that better suits world development, said Chinese experts here on Monday.
Beijing and Washington have recently handled a maritime incident in a low-profile and proper way as the Chinese navy handed back an American underwater drone it had captured in the South China Sea. But worries over potential conflicts in the waters in 2017 remain.
Europe is entering a new stage in which unification principles are challenged and sub-regional cooperation strengthened. European countries, both core and marginal, eurozone and non-eurozone, as well as the northern and southern regions, are set to restructure their relationships through negotiations and competition. A new complicated process of repositioning their interests, preferences and identities has already begun.
China is expected to further promote its Belt and Road initiative next year against the backdrop of rising resentment over globalization and the new Donald Trump administration in the US, as the initiative will be linked with the UN 2030 Agenda for Sustainable Development at a summit hosted by China, experts said.
Two thousand years ago, merchants and caravans began moving between east and west along the Silk Road, trading goods, philosophy and technology. Now a modern Silk Road, rekindling trade and achieving common prosperity, is in the making.
China`s foreign exchange reserves, which have dropped to about $3 trillion from a peak of nearly $4 trillion two years ago, are currently adequate, said a State Administration of Foreign Exchange official on Thursday.
Riaz`s invitation, which came as a surprise to New Delhi, is mainly intended as a gesture. While he hinted at India`s intervention in the CPEC, he welcomed India`s participation in the project, demonstrating Pakistan does not want to exclude India.
The world is in consistent transition, a process that may continue into the 2030s, even the 2040s, according to the 2010 Global Strategic Trends issued by the Development, Concepts and Doctrine Center of the UK.
It`s been a fad to talk about rejuvenating the manufacturing industry, and regarding this topic people often pay more attention to factors such as tax, investment and labor price. But actually what is needed more is professional attitude - diligence, discipline and persistence.
With global governance struggling to deal with increasingly thorny issues, such as Brexit and the sluggish global economic recovery, globalization has been in retreat this year. Given this fact, China`s intensified efforts to engage in global governance seem like a silver lining.
The Central Economic Work Conference has been held in Beijing in mid-December, mapping out plans for China`s economic development in 2017. It is stressed that China should continue innovation-driven development strategy to promote supply side structural reform and accelerate transformation of Chinese economy.
China and Norway have reached consensus on normalization of ties on Monday after Norway`s serious reflection.
This article therefore looks at the context of the Work Conference, first by examining the satisfactory domestic progress of China`s economy in the second half of the year, then by the consequences for the global economy of Trump`s policies, and finally why China is able to deal with the latter.