China, UAE mark 35 years of diplomatic relations with new cooperation pledges
Abu Dhabi: China and the United Arab Emirates (UAE) are enjoying their “best period in history” while celebrating a milestone in their diplomatic relationship, a Chinese diplomat has said. “This year marks the 35th anniversary of the establishment of diplomatic relations between China and the UAE. Our relationship is currently at its best period […]
Asean wary of being used as pawn in Washington-Beijing jostling
[Singapore] Despite the personal rapport between Donald Trump and Xi Jing-ping, Sino-US rivalry has been escalating over trade, technology, and security issues. As Trump puts it: “I am President of United States and Xi is President of China”. National interest trumps friendship. And the businessman-turned-politician has made it clear that in the contest for supremacy, America must […]
China takes positive view of Trump-Kim meeting at Panmunjom: envoy
China has a positive view of the recent surprise meeting between the leaders of the United States and North Korea at the truce village of Panmunjom as it has created the momentum for positive change in the situation of the Korean Peninsula, Beijing’s top envoy in Seoul said Wednesday. Chinese Ambassador to South Korea Qiu […]
Participants to Summer Davos hail Chinese contribution
The 2019 Summer Davos meeting, also known as the 13th Annual Meeting of the New Champions kicked off on July 1 in northeast China’s coastal city of Dalian. The forum is attended by more than 1,900 politicians, business people, scholars and media representatives from over 100 countries. As the world’s second largest economy and the […]
China further widens market access with new negative lists, industry catalogue
China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) on June 30 released revised negative lists for foreign investment market access and a revised catalogue of industries that encourage foreign investment, introducing greater opening-up measures. The two lists aimed at pilot free trade zones (FTZ) and the rest of the country, respectively. […]
China-EU investment pact likely in 2020
The negotiations on a China-EU bilateral investment treaty (BIT) are moving forward and the two sides have made positive headway in the text and an associated list, according to Chinese officials. Analysts said there is a high possibility that the high-level agreement will be signed next year as scheduled amid the lingering China-US trade war […]
E-commerce signals new future for ties between China, Africa
African companies are exploring new trade models with China based on e-commerce at the first China-Africa Economic and Trade Expo (CAETE), which opened on June 25 in Changsha, capital of Central China’s Hunan Province. Trade between China and African countries has been rising since 2008, and by 2018, China had been the biggest trading partner […]
China’s industrial profits return to black despite trade war
China’s economy is stabilizing with latest statistics pointing toward a mild rebound in May, as domestic companies strive to shake off the negative impact of the China-US trade war through internal improvements and flexible business strategies. According to data released by the National Bureau of Statistics (NBS) on June 27, above-scale industrial companies, referring […]
China, US need to press ahead with sincerity, action
The outcomes of the meeting between Chinese President Xi Jinping and his US counterpart, Donald Trump, on the sidelines of the G20 Osaka summit on June 29 have sent a positive signal to the two countries and the world. At their gathering, the two leaders agreed to restart economic and trade consultations between their countries […]
China’s Xinjiang provides focused assistance to areas of extreme poverty
Thanks to the unremitting efforts of China’s Xinjiang Uygur Autonomous Region, Turghun Rose , a man from a registered poor family in Awati township of Kashgar, Xinjiang, is now securing a stable income working as a forest ranger in the village and running agritainment business under the assistance from local government. “Turghun comes from a […]