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China’s economy enjoys huge space for further development

China’s economy enjoys huge space for further development

When Beijing was about to embrace the warmness of the spring but still suffering from the lingering coldness, the Chinese toon, a leafy vegetable produced in southwestern provinces of Sichuan and Yunnan had already hit the dining tables of the Beijingers. Dazhu county of Sichuan, once known for its lush bamboos, is now making a […]

Chinese economy enjoys infinite potential

Chinese economy enjoys infinite potential

The Chinese economy was “above expectations and steady from the previous quarter”. That was evaluation from the Reuters after China released its economic data of the first quarter this year. It is in line with the mainstream expectation of the international society on the development of Chinese economy. Since April, multiple international financial organizations including […]

Commentary: China has enough strength to address economic challenges

Commentary: China has enough strength to address economic challenges

“You can always find more solutions than challenges.” this is what a Chinese saying goes. Against the backdrop of a complex and fast-changing domestic and international environment, China has, since the beginning of this year, maintained strategic focus, followed the general principle of pursuing progress while ensuring stability, and as a result kept major economic […]

Chinese economy full of resilience

Chinese economy full of resilience

Despite complex domestic and international environment, China has managed to run its economy with a good start since this year, keeping major indicators within a reasonable scope and displaying strong economic resilience. A total of 195 million domestic tourist trips were made during the four-day May Day holiday, and each day there were 9,266 trains […]

S. Korea’s exports drop 8.7 pct in first 20 days of April

S. Korea’s exports drop 8.7 pct in first 20 days of April

South Korea’s exports fell 8.7 percent in the first 20 days of April from a year earlier on decreased overseas shipments of semiconductors, customs data showed Monday. The country’s exports stood at US$29.7 billion in the April 1-20 period, compared with $32.5 billion in the same period last year, according to the Korea Customs Service. […]

Opening up of service sector brings new energy to Beijing’s economy

Opening up of service sector brings new energy to Beijing’s economy

By expanding supply-side structural reform in the service sector, Beijing has injected new energy into its economy since it became the first city in China to carry out the pilot program of opening up the service industry in May 2015. During the past four years, the city opened China’s first aircraft maintenance joint-venture and the […]

Op-ed: Reform helps China renew economic miracle

Op-ed: Reform helps China renew economic miracle

The economic growth target set by China, its declaration to further relax controls over market access, and a series of new moves to deepen reforms have made headlines of foreign media after the government work report was delivered to the annual legislative session on March 5. The topics they covered include China’s announcement to shorten […]

Leaders of Chinese IT giants call for accelerated digital transformation of real economy

Leaders of Chinese IT giants call for accelerated digital transformation of real economy

Many of the leaders of China’s tech giants have offered policy suggestions during the ongoing “two sessions” in Beijing. The proposals are mainly about how to support the development of the real economy through the internet. These lawmakers and political advisors gathered in Beijing for the 13th National People’s Congress (NPC) and the 13th National […]

China sees greater demand for skilled workers amid economic transition

China sees greater demand for skilled workers amid economic transition

Skilled workers in China are taking pride in their professions as the world’s second-largest economy sees a huge demand for the high-quality workforce to help facilitate its transition. “All roads lead to Rome, and getting a college diploma is not the only way to success,” said Hu Ping, who won the gold medal in fashion […]

China steps up efforts to boost private economy

China steps up efforts to boost private economy

China has taken a bunch of measures to support the development of the private economy, which is a sector of great concern to the society, a spokesperson with the annual session of the country’s top political advisory body said on March 2. As an important part of the socialist market economy, the private economy plays […]

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