China
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East Asia
Prudent monetary policy to continue in China
Despite seemingly contradictory priorities, China will continue to pursue a prudent monetary policy that ensures sufficient liquidity to support economic growth and prevent financial risks as well as keep the renminbi’s exchange rate at a reasonable equilibrium, Chinese officials said on Sunday, March 10. At a wide-ranging press conference on…
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East Asia
Commentary: Belt and Road Initiative sets example for world
I have visited more than 10 Chinese cities in my nearly 30 trips to China. I liked interacting with the local communities every time I arrived in a new place, during which I was deeply impressed by the elements of inclusiveness and harmony contained in Chinese culture while maintaining diversity.…
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East Asia
China determined to stabilize, expand employment
After China established vocational education and training centers in northwest China’s Xinjiang Uygur Autonomous Region, some western officials and media outlets constantly attacked China with groundless accusations. However, if they had paid attention to heated discussions about vocational education during China’s two sessions in early March and interpreted China’s moves…
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East Asia
Yungang Grottoes asks the world for official logo design
Administrators of the Yungang Grottoes, located 16 kilometers west of Datong, north China’s Shanxi Province, recently launched a global competition to design a new official logo, according to the Yungang Grottoes Research Institute, Chinanews.com reported on March 12. With more than 51,000 Buddhist statues of various sizes in 45 existing…
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East Asia
China to further enhance IPR protection
China is exploring the establishment of overseas assistance centers for Intellectual Property Rights (IPR) protection, in a bid to ensure that its IP can be effectively protected abroad, head of the State Intellectual Property Office Shen Changyu said on March 12. Shen introduced a package of measures the office will…
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East Asia
Autonomous prefecture in SW China sees bright future in poverty alleviation
Thanks to China’s efforts in poverty alleviation, Liangshan Yi Autonomous Prefecture in southwest China’s Sichuan province is gradually shaking off poverty and embracing a brighter future. Ge Fu’neng, deputy to the 13th National People’s Congress (NPC) well elaborated on the improved livelihood of the people there by sharing a photo…
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East Asia
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…
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East Asia
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…
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East Asia
Expanded opening up prospers China’s border trade
The prospering border trade of China is a reflection of the great vitality of the country’s opening up, as China has just celebrated the 40th anniversary of reform and opening up at the end of last year. The convenient custom clearance services at ports in Heilongjiang province and Guangxi Zhuang…
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East Asia
China to offer more financial support for micro, small enterprises
Financial support for micro and small, as well as private enterprises is the most important part of supply-side structural reform in the financial sector, according to Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC). Guo made the remarks when giving an interview after the opening meeting…
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