Beijing offers manufacturing lesson to Delhi

The "Make in India" campaign, launched by Indian Prime Minister Narendra Modi with the purpose of turning India into a new global manufacturing center, now has come into full swing.Regarding India`s ambition, what Beijing needs to do is make concerted efforts to upgrade its products and the quality of "made in China" commodities to march toward the high end of the value chain.

Successes of China`s economic diplomacy

G20 summit overcomes tough obstacles

The ninth G20 summit concluded its two-day meeting in Brisbane, Australia Sunday. Sustaining growth, creating jobs, promoting development and buoying confidence were the central task of the gathering, attended by government heads from 20 countries.

Mutual trust a priority for Beijing-Tokyo ties

The four point agreement that China and Japan reached right before the leaders from the two sides met on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders` Meeting on November 10 took many by surprise. Not long before the agreement, the Japanese government took a host of assertive actions, including denying the 1993 Kono Statement and claiming it has no agreement with China preventing the prime minister from visiting the Yasukuni Shrine.

Sustainable development doesn’t suit all

The annual APEC Economic Leader`s Meeting kicks off on Monday in Beijing, and this event will surely focus on global economic recovery.Many people all over the world have expected new approaches that would be worked out by top world leaders to strengthen the global economic growth.

Indian business leader: China not India`s competitor

A veteran business leader said at a seminar in Beijing on Friday that China and India should work as collaborators to change the world.R. Gopalakrishnan, who has been a professional manager with Unilever for 31 years and with Tata for 15 years, is now a director of Tata Sons, chairman of Tata AutoComp Systems and Rallis India, and the vice chairman of Tata Chemicals.

Bright future for emerging economies

"The emerging economies will continue to provide two-thirds of global growth despite less dynamic performance in a more demanding financial context," says Magarinos, the honorary global chairman of the Global Alliance of Small and Medium Enterprises, based in Shanghai, as well as senior fellow at Chongyan Institute for Financial Studies of Renmin University.

US professor: China more efficient than the West in Africa

China acts more efficiently in African development than western countries, said Dr. Patrick Mendis, a distinguished senior fellow and affiliate professor at George Mason University`s School of Public Policy, on Sept. 17 in Beijing.

The collapse of `China collapse` theory

Many people, including some Chinese scholars, have been pessimistic about China`s future since the global financial crisis broke out in 2008. In my view, many predictions about the Chinese economy over the past 20 years have been wrong, especially those theories forecasting the collapse of China.

Will China revive the G20?

As the G20 Summit is gradually losing its charm for most developed countries, China is expected to shoulder accountability by hosting a 2016 summit to revive its influence, said Pang Zhongying, professor of International Politics at the International Relations School of Renmin University in Beijing.

Chinese think tanks strive for global influence

China`s think tanks, which have received little exposure in the past, have recently enjoyed significant attention from the media and policy makers, although they still have a way to go before they become influential on the global stage. At the end of June, the Chongyang Institute for Financial Studies, Renmin University held a think tank forum themed "The Silk Road Economic Belt Construction and Future" in Beijing.

Sino-Iranian ties may thrive on new Silk Road

Iran is embracing Chinese President Xi Jinping’s proposal to revive the old land Silk Road, which used to connect ancient civilizations like China and Iran, Dr. Ali Akbar Velayati, president of the Center for Strategic Research in Iran, said on Friday during a tour to Beijing.Velayati, also the former Foreign Minister of the Islamic Republic of Iran, made his remark in a forum on "Economic Cooperation between China and Iran and the Future Prospects" held by the Chongyang Institute for Financial

A New Wave of Opportunities

Economic restructuring is never an easy task. The once aggressively expanding economy now needs to experience a gear shift, which will certainly give rise to a cluster of anxieties and concerns, such as criticisms of the problems arising from explosive economic growth in the past, panics concerning the gloomy real estate market and its deceleration, and worries over how to find new growth drivers. At the moment, what China needs most is composure.

Local government debt may become insolvent

The complexity of the local government debt is very similar to Japan`s real estate bubble from 1985 to 1996 and its destiny is closely related to domestic housing and stock markets, said Xin, who is a researcher at the Chongyang Institute for Financial Studies at the university and an editor in chief at the People`s Daily.

Report alerts Chinese firms to international anti-corruption rules

China released the first report on international rules and common practice on combating corruption to the country`s corporate sector Tuesday.
The report, Go Global: International Business Anti-Corruption Rules Research, is the first to be jointly presented by the Bank of China, the International Chamber of Commerce (ICC), the China Chamber of International Commerce and Renmin University of China.

Harvard sinologist highlights innovation in China`s rise

Ross, who is also a professor of Political Science at Boston College, made the remark during a symposium with the theme "Can China Overtake the United States?" held by the Chongyang Institute for Financial Studies at Renmin University.

11 new signals from the premier`s press conference

Premier Li Keqiang responded to questions from Chinese and international press on Thursday March 13, 2014, concluding the annual session of the 12th National People`s Congress. During the press conference, Premier Li revealed a handful of new signals, reiterated reforms in key sectors, and explained his opinions about other issues of interest.

Experts call for better protection in online

The protection of what is known as "financial consumers," i.e. those who purchase financial products, has started to draw the attention of Chinese lawmakers as well as financial experts in the wake of the latest international financial crisis, which saw ordinary people`s investments vanish overnight.