CHINA

Chinese whole-process people’s democracy fully demonstrated by two sessions

Well-orchestrated system makes people’s lives better, country stronger Thousands of Chinese lawmakers and policy advisors are gathering in Beijing for the annual two sessions. The event not only offers an important opportunity for the world to understand China’s whole-process people’s democracy, but also a window to observe the country’s development and understand its policy direction for the following year, experts …

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Can Germany escape narrative trap of ‘natl security’ on TikTok?

TikTok is in the spotlight once again, as German Chancellor Olaf Scholz was quoted by media outlets as saying that he wants the government to open an account on the Chinese video-sharing app. It is hoped that Western economies can take this as a chance to promote positive interactions with TikTok and foster a fair, transparent and predictable environment for …

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World expects China’s two sessions to inject new momentum into global growth

Nation confident in overcoming challenges under strong leadership of CPC China is set to enter the two sessions period on Monday, focusing the world’s attention on how one of the most important political events in the country will set priorities and plans involving the economy, diplomacy, military, and social development for 2024. This year marks the 75th anniversary of the …

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Can US auto industry take the lead by digging trench for China?

In his statement on national security risks to the US auto industry on Thursday, US President Joe Biden declared that vehicles from China should not be allowed to operate in the US without safeguards. As he said this, Chinese-made cars are nowhere to be seen on the streets of the US, while American brand cars are ubiquitous on Chinese roads. …

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This report card marks the constitution of China’s economy

The National Bureau of Statistics on Thursday released the Statistical Communique of China on the 2023 National Economic and Social Development, providing a comprehensive analysis of China’s national economic and social development in 12 parts. While some attention-grabbing data, such as the 2023 GDP of over 126 trillion yuan ($17.51 trillion) and growth rate of 5.2 percent, had been previously …

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China reports ‘hard-won’ economic results for 2023, as two sessions to focus on continued recovery

‘Hard-won’ results in 2023 lay solid foundation for continued recovery China on Thursday released the statistical communique on national economic and social development in 2023, reaffirming that the Chinese economy maintained recovery momentum and made solid progress in pursuing high-quality development despite internal and external challenges. Coming just days before China kicks off the annual two sessions, one of the …

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This development boosts world’s confidence in WTO

Good news came on Tuesday from the 13th Ministerial Conference of the World Trade Organization (WTO) being held in Abu Dhabi. New disciplines on good regulatory practice for services trade will enter into force. The new rules apply to over 70 signatories of the Reference Paper on Services Domestic Regulation, including China, the US and the EU. The rules will …

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BYD localization push in Europe shows potential for EV synergy

The news that Chinese electric vehicle (EV) giant BYD Co is in contact with the Italian government about building a second factory in Europe has attracted widespread attention. Despite the growing protectionist climate in Europe, the Chinese and European EV industry chains don’t have to resort to confrontation. There’s still the potential to strengthen cooperation to bring more opportunities for …

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China, US business communities increase engagement, posing positive signals for economic ties

US companies are welcome to continue to invest in China and cultivate the Chinese market to share development opportunities, Chinese Premier Li Qiang said on Wednesday when meeting a US business delegation in Beijing, stressing that “decoupling” and the “small yard and high fence” approach are not in the fundamental interests of both sides. During his meeting with the US …

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