It`s being reported that China is likely to release detailed supervision rules governing the P2P lending industry in the second half of next year, at the earliest.Some analysts predict the new rules will require the industry to implement a negative list system.
In early December, the first China-US ministerial dialogue on fighting cyber crimes was held in Washington. Beijing and Washington are joining hands to enter a new phase of progress through bilateral law-enforcement cooperation on cyber security.Cyberspace should not become a safe heaven for criminals. Amid the increasing complex global situation, cyberspace should never become a new strategic frontier for rivalry among big powers as it is bound to be a game where no side wins.
Chen Xiaochen, a research fellow at Chongyang Institute for Financial Studies of China`s Renmin University, said that through the Belt and Road Initiative, the SCO will develop rapidly on the ancient Silk Road.
Tokyo and New Delhi are hoping to impose pressure on China by clinging to the other, but at the same time, both Modi and Abe are making efforts to improve ties with China. Neither wants to be the first one to clash with China, while both are prepared to seek gains from the other side`s conflicts with Beijing.
"Influenced by the rapid development of the Chinese economy, today`s younger generation have more awareness and interest in finance and are more willing to learn to better manage their wealth," Dong said, "This is a good thing because no one can avoid dealing with money throughout life and learning about finance at a young age could help them form proper attitudes about money so that they realize it is about the responsible management of their future life and families, rather than just a method
Focusing on the supply side will be crucial for China`s future economic reform. It is expected that during the 13th Five-Year Plan period, China will set supply-side macroeconomic management as a core concept for a series of economic measures.
China`s peaceful rise matches the UN principle. Peace and development are also magic codes that lead to China`s peaceful rise. Actually, China`s diplomatic goals and principles are based on those of the UN, but further developed. China`s experience is peace, development, cooperation and win-win. The principles are similar, so the implementation is the key.
Since the new world order featuring multiple global centers is not fully established, the world will have to face challenges posed by the collapse of current social order and the rapid increase of information.
There is no doubt that the refugee crisis has served as a powerful weapon for the ring-wing populist parties to win voters. Their core strategy is to take advantage of citizens` fears. Millions of asylum seekers from Syria, Afghanistan, Iraq and other African countries are flooding into Europe. They claim that terrorists have entered alongside refugees. Although France has been expanding its intelligence work, its progress is much slower than that of the expansion of terrorist suspects. The upsu
China created special economic zones in coastal areas to attract foreign investment and export products with favorable tax policies and others. That way was not sustainable at all. Opening up will enter a new, more participatory, stage or `China in globalization.
the increase in gold holdings will help to increase the renminbi`s credit rating in the global financial system and further expand its use in international trade and investment.
Under the world`s current gloomy economic circumstances, South Korea`s FTA with China - its biggest trade partner - will be beneficial in boosting exports, which declined in October to a six-year low.
Xi Jinping`s visit therefore highlights one of world`s clearest examples that the concept "win-win" is not merely warm words but a reality – both Africa and China have benefitted enormously from their relations.
As Xi has said, the Paris conference is not the finishing line, but a new starting point. The world will witness China`s new contribution to tackling global warming in the near future. A rising China, with a population of nearly 1.4 billion, is becoming greener and more active in undertaking new international responsibilities.
Why have African countries realized an annual GDP growth rate of over 6 percent in recent years while at the same time many Africans are fleeing their homelands? The phenomenon is quite a puzzle. Growth is not development. For African nations, how to promote sustainable development and benefit their people is therefore a core task.
there are some struggling city commercial banks in China. We are willing to accept any objective assessment of Chinese banks, but at the same time, unfair comments should be rejected. Regarding the argument against Bank of Jinzhou and the possibility of systemic risk in the Chinese banking sector, I don`t think these points are well-founded.
The just-concluded fourth China-Central and Eastern Europe (CEE) summit demonstrated strong desire for cooperation between China and the 16 CEE countries, as well as huge potential for such cooperation.
A big question people have been asking since China`s leaders propounded the concept of Chinese Dream in 2012 is: What is the symbol of the Chinese nation`s rejuvenation? Now we can say that the revival of the Silk Road is that symbol, not only for the rejuvenation of the Chinese nation, but also the rejuvenation of European, Asian and African nations, because it integrates the Chinese Dream with the dream of the world.
It seems that China has gained the upper hand in its competition with the US over the Asian Infrastructure Investment Bank (AIIB). Most G7 members, including the UK, have applied to join the AIIB as founding members. Since China proposed in 2013 to establish a multilateral development bank to boost infrastructure in the Asian region, Washington has been doing all it can to prevent its Asian and European allies from supporting Beijing, which has been an open secret. Now the US has to pay a substa
Heads of Government have met for the fourth time since 2012 to discuss cooperation between China and Central and Eastern European Countries. What do you think the cooperation means to both China and these European countries? In other words, what difference have the meetings made to the countries involved?