8 months, 3 weeks ago

China's sharing of growth has global impact

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. Serving as a blueprint for China's quest for modernization in all aspects, the report clearly showed Beijing's efforts to continue pursuing higher-quality economic growth and to appropriately increase economic output. In 2017, scholar Joseph Nye Jr said that if a rising China failed to deliver global public goods, this could result in the "Kindleberger trap", a term he coined in reference to a situation in which no country takes the lead in maintaining international institutions. China understands that "success is best when it's shared", as stated by businessman and author Howard Schultz, and its contribution to global economic growth from 2013 to 2021 surpassed that of most developed countries, according to World Bank data. Combined, the BRI and FOCAC and other China-proposed global public goods, such as the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, are proof of China's economic growth.

Global Growth China World Economic Beijing Covid Initiative Focac Global Public Goods promote chinas initiative impact sharing economic goods world china public global growth

History of this topic

1 month ago

Xi calls for building just world of common development, outlines China's actions for global development

China Daily

G20 leaders pose for a group photo during an event launching the Global Alliance Against Hunger and Poverty at the G20 Summit at the Museum of Modern Art in Rio de Janeiro, Brazil on Monday. Noting that China always places the people front and center, and solemnly declares that "not a single poor region or person should be left behind," …

1 month ago

Xi calls for building just world of common development, outlines China's actions for global development

China Daily

1 month, 1 week ago

Africa’s Geopolitical Shift: China’s Expansion and India’s Strategic Challenge

The Hindu

Published : Nov 11, 2024 23:07 IST - 15 MINS READ The 2024 summit of the Forum on China-Africa Cooperation, held from September 4 to 6 in Beijing, has reinforced China’s geopolitical clout over Africa. The growing stature of China in Africa, in what China calls the “new era”, has markedly upset the established geopolitical configurations in the continent and …

1 month, 2 weeks ago

China’s relationship with Africa is growing murkier

Live Mint

It has been the highlight of most African leaders’ diplomatic calendar for nearly a quarter of a century. Billed by China’s foreign ministry as a “grand reunion of the China-Africa big family", more than two dozen African leaders are in attendance. The relationship is less frenzied than in the 2000s and 2010s, when China’s state-backed banks funnelled billions into Africa’s …

1 month, 3 weeks ago

China's High-Quality Development: A Catalyst for Global Prosperity

China Daily

China's pursuit of high-quality development is expected to continue to be a major driver of global growth. Three experts share their views on the issue, with some arguing that pure economic variables are not sufficient to make people understand and design policies on development, while others emphasize the importance of poverty reduction in achieving sustainable development.

1 month, 4 weeks ago

China's Transformative Contribution to Global Unity and Cooperation: A New Era of Shared Prosperity

China Daily

Chinese President Xi Jinping has expressed China's commitment to continue working with other Global South countries to promote high-quality development of the BRICS Plus cooperation. Xi proposed three proposals to strengthen global security governance, promote common prosperity, and enhance development in all civilizations. He emphasized China's unwavering dedication to the development and revitalization of the Global South, highlighting its contributions …

2 months, 3 weeks ago

China strives for global stability, prosperity

China Daily

A Chinese knot installation with the logo of the 2024 Summit of the Forum on China-Africa Cooperation is seen near the China National Convention Center in Beijing on Sep 2, 2024. Yasir Habib Khan, president of the Institute of International Relations & Media Research in Pakistan, said that China's peaceful diplomacy is taking center stage in the international arena as …

3 months, 1 week ago

China, Africa embark on new collaboration path

China Daily

Jin Ding/China Daily In his keynote speech at the 2024 summit of the Forum on China-Africa Cooperation in Beijing on Sept 5, President Xi Jinping outlined a new blueprint for China-Africa cooperation for the next three years and for jointly advancing modernization. The new interpretation of China and Africa jointly advancing modernization is closely related to China's Global Development Initiative, …

3 months, 1 week ago

China, Africa embark on new collaboration path

China Daily

3 months, 2 weeks ago

China, Africa vital for Global South's modernization

China Daily

Editor's note: With China and Africa elevating their relationship to an all-weather China-Africa community with a shared future in the new era, the two sides are working more closely to realize modernization. China's pursuit of high-quality development and modernization has inspired many Global South countries, including African nations, to take measures to boost development and alleviate poverty. African countries have …

3 months, 2 weeks ago

China, Africa vital for Global South's modernization

China Daily

3 months, 2 weeks ago

Laying foundation for a fair and just world order

China Daily

This photo taken on Aug 29 near China Nation Convention Center, showing a sign of The 2024 Summit of the Forum on China-Africa Cooperation, which will be held from Sept 4 to Sept 6, 2024. First, unlike Western economies, China does not dictate conditions or set political terms for providing loans or aid for African countries, or for engaging in …

3 months, 2 weeks ago

Laying foundation for a fair and just world order

China Daily

3 months, 3 weeks ago

Beijing Summit set to be new marker for historical achievements of the FOCAC: China Daily editorial

China Daily

This photo taken on Aug 29 shows a sign of The 2024 Summit of the Forum on China-Africa Cooperation. For China, Africa is a significant development partner, due to its resources, markets, economic opportunities and investment potential, and its engagement with African countries is a prime example of South-South cooperation, which emphasizes solidarity among developing nations in the face of …

3 months, 3 weeks ago

Sino-African economic, trade cooperation reaches new heights

China Daily

University students operate equipment at a workshop in Tananarive, capital of Madagascar, April 26, 2024. BEIJING — China-Africa economic and trade cooperation has continued to scale new heights since the 2021 Forum on China-Africa Cooperation, delivering tangible benefits to the people of both China and Africa, said Assistant Minister of Commerce Tang Wenhong. Major benefits During a news conference, Liu …

3 months, 3 weeks ago

Breakthrough potential

China Daily

JIN DING/CHINA DAILY China's future economic growth offers immense opportunities for Africa's development China's contemporary relations with African countries go back to the early 1950s when it provided material and moral support for Africa's liberation struggle. In the same period, China's economic growth and China-Africa economic relations rapidly increased, and African economies experienced a growth rate of about 5 percent …

3 months, 3 weeks ago

Breakthrough potential

China Daily

3 months, 3 weeks ago

China to advance high-quality BRI ties with Africa

China Daily

A train driver prepares for departure at Idu Railway Station, the starting point of the Abuja-Kaduna Railway in Abuja, the capital of Nigeria, on Sept 18. DONG JIANGHUI/XINHUA China will take further steps including deepening partnership in emerging fields, such as green development and the digital economy, to promote high-quality Belt and Road cooperation with African countries in the coming …

3 months, 4 weeks ago

China's aid programs help other Global South nations realize shared prosperity

China Daily

Ogiji Sunday Uko's enriching journey in China came to an end in June, when he graduated from China Foreign Affairs University. Challenges seen Wang Yiwei, a professor at Renmin University of China's School of International Studies, said that foreign aid bolsters China's political influence, its ability to shape international rules and its global reputation. "It is crucial to recognize the …

4 months ago

China-Africa economic, trade cooperation reaches new heights

China Daily

Photo taken on May 8, 2022 shows a section of the Nairobi Expressway in Nairobi, Kenya. Growing trade, investment cooperation "China has remained Africa's largest trading partner for 15 consecutive years," Tang said, noting that in 2023, China-Africa trade reached $282.1 billion, up nearly 11 percent compared with 2021, which demonstrates the strong resilience of China-Africa trade. China-aided projects benefit …

4 months ago

China's rise drives Global South development

China Daily

LI MIN/CHINA DAILY The Chinese economy is transitioning from quantitative growth to qualitative development, powered by new quality productive forces. Since the third plenum of the 20th CPC Central Committee, which was held in July, said the overall objectives of further deepening reform comprehensively are to continue improving and developing the system of socialism with Chinese characteristics, advancing Chinese modernization, …

4 months ago

Building work

China Daily

WANG XIAOYING/CHINA DAILY In an era of economic and trade protectionism, neoliberalism and geopolitical confrontations, developing countries are increasingly becoming geopolitical and economic pawns in the zero-sum game of great power competition. For Malawi, a landlocked country, railway infrastructure development projects are a priority as they promote strategic economic connectivity. In addition to infrastructure development, China has also been investing …

4 months ago

Building work

China Daily

4 months, 1 week ago

China funding aids Africa development

China Daily

Photo taken on May 8, 2022 shows a section of the Nairobi Expressway in Nairobi, Kenya. Financial assistance from China has played a crucial role in infrastructure development in Africa since the Forum on China-Africa Cooperation, or FOCAC, was established, paving the way for economic prosperity, observers said, adding that Sino-African cooperation will help address emerging challenges facing the continent …

6 months, 1 week ago

BRIdging a divide

China Daily

WANG XIAOYING/CHINA DAILY The China-Europe freight rail service, backed by the Belt and Road Initiative, recently reached a significant milestone by completing its 90,000th trip. The initiative has driven nearly 1 trillion dollars in investments, led to cooperative projects, created job opportunities in partner countries, and significantly contributed to lifting thousands of people out of poverty. Now, the BRI is …

6 months, 1 week ago

BRIdging a divide

China Daily

6 months, 1 week ago

Dialogue crucial for global vitality: China Daily editorial

China Daily

Foreign Ministers Naledi Pandor of South Africa, Wang Yi of China, Sergei Lavrov of Russia, Mauro Vieira of Brazil and Sheikh Abdullah bin Zayed Al Nahyan of the United Arab Emirates pose for a group photo during a meeting of foreign ministers of the BRICS group of nations, in the city of Nizhny Novgorod, Russia June 10, 2024. This is …

9 months, 3 weeks ago

Beijing extends development support globally

China Daily

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China's contributions to the well-being of humankind as a whole, including its contributions to global development and governance organizations, and its development partnerships with other countries have yielded positive results for all. With the highly inclusive Belt and Road Initiative, and the expansive and all-embracing Global Development …

9 months, 3 weeks ago

Beijing extends development support globally

China Daily

1 year, 3 months ago

China, Africa cooperation impacts the world

China Daily

Freight trains are seen at Nairobi station of Mombasa-Nairobi Standard Gauge Railway in Nairobi, capital of Kenya, Nov 17, 2021. China has become one of the main sources of investment and financing in Africa, providing a large amount of urgently needed funds for African development through mechanisms such as providing aid, government concessional loans, commercial financial institution credit funds, special …

1 year, 4 months ago

BRI helps boost African nations' development

China Daily

MA XUEJING/CHINA DAILY This year marks the 10th anniversary of not only the Belt and Road Initiative but also the principles governing China's Africa policy which President Xi Jinping has put forward. Based on China's Africa policy of sincerity, real results, amity, good faith, and pursuit of greater good and shared interests, the two sides have deepened cooperation, making the …

1 year, 4 months ago

Beijing is fostering shared development through initiatives

China Daily

A logo of the Belt and Road is seen in Shanghai. While China's foreign policy is based on the concept of building a unified global community, the country's concern for humanity's well-being has prompted it to deepen cultural relations with other countries and promote mutual understanding. Developing countries recognize China's role in driving global socioeconomic development and fostering shared prosperity. …

1 year, 4 months ago

Beijing is fostering shared development through initiatives

China Daily

1 year, 4 months ago

Increasing G20 cooperation on debt and investment in Africa

Hindustan Times

Africa’s long-standing and difficult history with international capital can be attributed to a complex set of factors, including historical legacies, structural adjustment programmes and, most recently, Chinese investment. While Africa’s hard-won credit market access had been hailed as the key to boosting the region’s growth and development, countries now face significant challenges in their relationship with international capital, with profound …

1 year, 5 months ago

Building community with a shared future with GDI

China Daily

JIN DING/CHINA DAILY The world today faces two main problems: intertwined deficits and insufficient public goods. The impacts of COVID-19 and the Russia-Ukraine conflict have increased the need for global public goods, in order to meet the demands of development and solve the structural problems. First, the GDI provides new ways for addressing global development problems, because it aims to …

1 year, 5 months ago

Building community with a shared future with GDI

China Daily

1 year, 5 months ago

BCG says China crucial to global economic growth

China Daily

Wu Chun, managing partner of Boston Consulting Group Greater China. China has remained a major driving force for global growth and the country's strong economic recovery helps boost confidence in global economy, said Wu Chun, managing partner of Boston Consulting Group Greater China. According to BCG's estimates, China is projected to contribute at least 25 percent of global economic growth …

1 year, 5 months ago

BCG says China crucial to global economic growth

China Daily

China has remained a major driving force for global growth and the country's strong economic recovery helps boost confidence in global economy, said Wu Chun, managing partner of Boston Consulting Group Greater China. According to BCG's estimates, China is projected to contribute at least 25 percent of global economic growth by 2030. "China's economy stabilized and rebounded to a good …

1 year, 7 months ago

Expanded BRICS would bring widespread benefits

China Daily

Interestingly, a new "continent "of multiculturalism is in the making in the shape of a strategic expansion of the BRICS grouping of emerging economies — Brazil, Russia, India, China and South Africa — with more countries keen to join. An expanded BRICS would vividly reflect the true spirit of multilateralism, which could guarantee the survival of emerging markets and developing …

1 year, 8 months ago

Nation's pace of recovery offers global inspiration

China Daily

A view of Beijing's CBD area on Aug 19, 2022. The World Bank has revised its global growth prospects, thanks to a strong economic rebound by China following Beijing's optimization of COVID-19 containment measures. China's economy is now expected to grow by 5.1 percent in 2023, injecting new impetus into the global economic outlook, which is now projected to grow …

1 year, 11 months ago

Africa a natural partner of BRI

China Daily

JIN DING/CHINA DAILY It has been a 33-year-old tradition of China's foreign ministers making their first overseas trip to Africa at the beginning of every new year. China's investments in Africa also date back to the 1949-1976 period when several African countries were still fighting for independence from European colonial powers. To date, almost all African countries with diplomatic ties …

2 years, 2 months ago

Greater role expected for China in Africa

China Daily

LI MIN/CHINA DAILY China is expected to contribute more to peace and development in Africa and the world, especially with the enhancement of mutually beneficial cooperation under such frameworks as the Belt and Road Initiative, said African analysts anticipating the 20th National Congress of the Communist Party of China. Also, the Global Development Initiative, which China proposed in the wake …

2 years, 5 months ago

Xiconomics: How China's push for economic stability bolsters global recovery

China Daily

On the shop floor of Shaoxing's Buting textile company in East China's Zhejiang province, processing and manufacturing machines are humming around the clock. POLICY GUIDANCE FOR STABLE GROWTH China's National Bureau of Statistics showed Friday that the country's GDP has secured positive growth in the second quarter and expanded 2.5 percent in the first half of the year. Thanks to …

2 years, 5 months ago

Africa needs growth-focused, pacifist approach

China Daily

China's engagement in Africa is purely economic. The United Nations Conference on Trade and Development, among other factors, attributed Africa's improved economic performance with China's effort to facilitate further African imports. To push African exports, Beijing has also adopted a zero-tariff policy for 97 percent of goods from Africa's least-developed countries. The study found not only were "workforce localization rates" …

2 years, 6 months ago

China promoting cooperation and development through BRICS

China Daily

MA XUEJING/CHINA DAILY On June 22, the BRICS Business Forum was held. Speaking via video link from Beijing at the opening ceremony of the forum, Chinese President Xi Jinping called for international solidarity and coordination to maintain world peace and stability and promote global sustainable development. It is clear from Xi's speech that global cooperation, global solidarity, global security and …

2 years, 6 months ago

Building peace and prosperity with strong BRICS

The Hindu

As an old Chinese saying goes, nothing can separate people with common goals and ideals; not even mountains and seas. It is of great significance for the BRICS Foreign Ministers’ meeting to reach consensus and outcomes on multiple important issues concerning global security and development, which made political preparations for the 14th BRICS summit. BRICS countries need to strengthen political …

2 years, 11 months ago

China leads global cooperation efforts

China Daily

A worker transfers a shipment of China's Sinovac COVID-19 vaccine at Phnom Penh International Airport in Phnom Penh, Cambodia, on Nov 17. The volumes of donations and supplies of medical equipment, including safety kits and personal protection equipment, and vaccines, show China has kept all its promises to contribute to the global fight against the pandemic. Apart from fulfilling its …

3 years ago

Boosting China-Africa cooperation in the new era

China Daily

LI MIN/CHINA DAILY The ongoing Eighth Ministerial Conference of the Forum on China-Africa Cooperation in Dakar, Senegal, is likely to see the two sides agreeing on a joint action plan to contain the COVID-19 pandemic and build a China-Africa community with a shared future. The two sides have also made remarkable achievements in trade cooperation, as their economies are highly …

3 years, 1 month ago

Benefits reaped by China now shared far and wide

China Daily

The vision of a community with a shared future for mankind was affirmed by the sixth plenary session of the 19th Central Committee of the Communist Party of China, which ended on Thursday in Beijing. By upholding this global vision, China is providing a conducive way for countries to combat common threats and a feasible path for profound development in …

Discover Related

4 days, 13 hours ago

Chinadaily.com.cn

China Daily

For the Central and Eastern European countries, clear priorities are needed to balance their relations with China and the United States Editor's note: The world has undergone many changes and shocks in recent years. Trump's proposed policies, however, risk introducing new tensions into these relationships, particularly as Washington pressures its NATO allies and the European Union member states to reevaluate …

Global Partnerships Europe China Political Trump Economic

Trending News

4 days, 13 hours ago

Fluid dynamics

China Daily

The recent election of Donald Trump and his declaration of new tariffs on Chinese imports carry immediate consequences for global trade and politics. Projects such as the Belgrade-Budapest railway and Montenegro's highways are not just engineering feats of connectivity and efficiency but symbols of a growing economic relationship between China and Central and Eastern Europe. Trump's proposed policies, however, risk …

Partnerships China Political Trump Economic Central Chinese Investments

5 days, 13 hours ago

GDP goal for '25 may stay at 5%

China Daily

Luo Zhiheng China's GDP growth target for 2025 could be set at around 5 percent, unchanged from this year, after a top-level meeting outlined more proactive and effective macroeconomic policies for the coming year, to tackle various challenges head-on and push the economy on an upward trajectory, said a senior economist. Luo's comments came after policymakers set next year's agenda …

Policy China Economic Fiscal Luo Domestic Demand

5 days, 13 hours ago

Chinese businesses committed to development in Kenya

China Daily

A Chinese knot installation with the logo of the 2024 Summit of the Forum on China-Africa Cooperation is seen near the China National Convention Center in Beijing on Sep 2, 2024. WANG ZHUANGFEI / CHINA DAILY In line with the outcomes of the Forum on China-Africa Cooperation summit held in Beijing in September, the Chinese business community in Kenya has …

Development Cooperation Chinese Kenyan Enterprises Chinese Enterprises Kenya China

6 days, 13 hours ago

Riding the Trend of the Times with A Strong Sense of Responsibility

China Daily

The Great Hall of the People in Beijing. In the course of 2024, China and Brazil have announced joint efforts to build a China-Brazil community with a shared future for a more just world and a more sustainable planet, demonstrating their sense of responsibility as two emerging countries; China and Serbia have launched efforts to build a China-Serbia community with …

Global Climate Change International Vietnam Europe International Relations Trend

6 days, 13 hours ago

Chinadaily.com.cn

China Daily

Uncertainty in the global economic outlook has put a brake on the engine of global growth and led to the rise of statism For more than a decade, elections taking place in the world's major countries, such as the United States, have not only intensified political divisions, but also increased their external influence. The global economic circulation driven by global …

Europe China Political National Parties Industrial Developing Countries

Chinese economy can brave external risks

Trending News

1 week ago

Chinese economy can brave external risks

China Daily

The skyline of Beijing. If the 2021-23 inflation surge in the United States helped Donald Trump's election triumph, his likely tariff wars will penalize world trade and exacerbate bilateral ties with China, again. In setting priorities for its economic policy for 2025, Chinese policymakers emphasize the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP …

China Trade World Trump Wars Tariff Gdp Growth

Trending News

1 week ago

Chinese economy can brave external risks

China Daily

Policy China Trade World Trump Wars Chinese

1 week, 1 day ago

Opening-up to spur foreign trade growth

China Daily

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Global Growth China Trade Market Economic Foreign Trade

1 week, 1 day ago

Neighborhood diplomacy conducive to regional peace and development

China Daily

JIN DING/CHINA DAILY Since China is geographically and culturally connected with its neighboring countries, sharing mutual interests, it is committed to a foreign policy of good-neighborliness and friendship in its immediate vicinity. Through infrastructure investments and trade partnerships, China has facilitated economic growth in many neighboring countries, creating a win-win situation that fosters regional stability. Similarly, the Lancang-Mekong Cooperation mechanism …

Peace China Economic Cooperation Countries Regional Stability

1 week, 1 day ago

Tailwinds favoring foreign trade enterprises

China Daily

A China-Europe Railway Express departs from Chongqing to Duisburg, Germany, on Nov 15. Foreign trade companies have said that the coverage of export credit insurance needs to be further expanded, smaller firms are facing certain financing difficulties, and they are also encountering bottlenecks in sea freight transportation, Wang added. Foreign trade has been a bright spot in the Chinese economy …

China Trade Bank Foreign Trade Wang Foreign

Trending News

1 week, 1 day ago

CHINADAILY EPAPER

China Daily

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. Huang Taiming / For China Daily Opening-up to spur foreign trade growth China will continue to advance institutionalized opening-up, broaden market access for global …

China Chinese

1 week, 1 day ago

Opening-up to spur foreign trade growth

China Daily

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

Global Growth China Trade Market Economic Foreign Trade

1 week, 1 day ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

Indian Cooperation Countries Chinese Modi President Xi His Meeting

1 week, 1 day ago

CHINADAILY EPAPER

China Daily

Two men ride a motorcycle on Saturday through what remains of the Palestinian refugee camp of Yarmouk, outside Damascus, Syria. TOP NEWS Leaders back removal of tariffs on China's EVs Several former heads of European states have said that China-Europe trade benefits both sides, and expressed hope that the European Union's tariffs on China-made electric vehicles is "temporary" and that …

China Syria

1 week, 1 day ago

China's pivotal role in Global South

China Daily

WANG XIAOYING/CHINA DAILY In 2024, the world was facing major challenges in terms of economy, security, climate change and the possibility of the global order collapsing. China provides financial and technical assistance to many Global South countries, particularly through grants and concessional loans. As it is increasingly becoming a global leader in technology and innovation, many countries in the Global …

China Challenges Economic Global South Egypt Brics Global Development

1 week, 1 day ago

China's pivotal role in Global South

China Daily

Global China Economic Development Challenges Global South Egypt Brics

1 week, 1 day ago

Neighborhood diplomacy conducive to regional peace and development

China Daily

Peace China Economic Development Cooperation Countries Regional Stability

1 week, 4 days ago

Steps ready for stable growth of the economy

China Daily

In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP ratios, the issuance of ultra-long-term special treasury bonds and interest rate cuts. The meeting reaffirmed the need to adopt a moderately loose monetary policy next year, including the rollout of rate cuts and …

Policy China Trade Economic Growth Rate Conference Policymakers

1 week, 4 days ago

BRI greatly boosts economic potential of involved countries

China Daily

MOSCOW — Countries participating in the China-proposed Belt and Road Initiative have the opportunity to increase their economic potential significantly, Andrei Ostrovsky, chief researcher of the Institute of Oriental Studies of the Russian Academy of Sciences, said. To implement the initiative, China has promoted the establishment of financial institutions such as the Asian Infrastructure Investment Bank and the Silk Road …

China Countries Laos Bri Ostrovsky

1 week, 5 days ago

Interview: China crucial to sustainable global supply chains, says industry insider

China Daily

Interview: China crucial to sustainable global supply chains, says industry insider Xinhua Updated: Dec 12, 2024 A worker operates a shoemaking production line in Wuchuan, Guangdong province. GENEVA, Dec 11 -- Chinese manufacturers, accounting for over a quarter of global manufacturing output, can play a vital role in creating a sustainable global supply chain, an industry insider has said. Seeking …

Global Sustainability China Supply Sustainable Manufacturing Chain

1 week, 5 days ago

China's Yiwu to launch new round of intl trade reforms

China Daily

China's Yiwu to launch new round of intl trade reforms Xinhua Updated: Dec 12, 2024 Overseas buyers seen at the sporting goods section at Yiwu International Trade City in Yiwu, Zhejiang province. SHI BUFA/FOR CHINA DAILY BEIJING -- The Eastern Chinese city of Yiwu, known as the "world's supermarket" and a key supplier for Chinese cross-border e-commerce platforms, is set …

China Trade City Yiwu Global Digital New Round

1 week, 5 days ago

China holds Central Economic Work Conference to make plans for 2025

China Daily

BEIJING -- The annual Central Economic Work Conference was held in Beijing from Wednesday to Thursday as Chinese leaders decided priorities for the economic work in 2025. In his speech, Xi reviewed the country's economic work in 2024, analyzed the current economic situation and arranged next year's economic work. It was noted at the meeting that the Chinese economy has …

Economic Chinese

1 week, 5 days ago

China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats

CNN

China pledged Thursday to increase the budget deficit, borrow more and loosen monetary policy to maintain stable economic growth as it girds for more trade tensions with the United States where Donald Trump is returning as president. A separate readout from state news agency Xinhua, watched by financial markets for references to the yuan currency, kept a pledge to “maintain …

Growth China Economic Growth Tariff Ing Cewc Tariff Threats

Trending News

2 weeks ago

Global ecological governance boost

China Daily

JIN DING/CHINA DAILY Greater G20 cooperation in green technology research is essential to narrow the North-South technological divide and promote global sustainability The global energy transition is pivotal to addressing climate change, mitigating pollution and achieving sustainable development. Brazil, together with India and South Africa, has formed the "G20 troika", which aims to advance the agenda of Global South nations …

Finance Energy Climate Change China Development Climate Sustainable

Trending News

2 weeks ago

Global ecological governance boost

China Daily

Greater G20 cooperation in green technology research is essential to narrow the North-South technological divide and promote global sustainability The global energy transition is pivotal to addressing climate change, mitigating pollution and achieving sustainable development. Brazil, together with India and South Africa, has formed the "G20 troika", which aims to advance the agenda of Global South nations on key issues …

Finance Global Energy Climate Change China Climate Sustainable

2 weeks ago

Firm confidence in prospects of economy

China Daily

That China's consumer inflation fell to a five-month low in November, climbing 0.2 percent from a year ago, according to data the National Bureau of Statistics released on Monday, serves to show that it remains a challenge for the world's second-largest economy to effectively stimulate its weak domestic demand. That also explains the great attention paid to the "1+10" Dialogue …

Global Economy China World Economic Chinese

2 weeks ago

Railway can drive Nepal's BRI programs to new height

China Daily

With the signing of a memorandum of understanding on China-Nepal cooperation under the framework of the Belt and Road Initiative and the recent deal on BRI framework agreement for project implementation, Nepal is expected to make a major headway in the implementation of the initiative. Amid several ups and downs including some obscurities, internal political instability and geopolitics, there was …

Nepal Bri

Policy coordination can spur common prosperity

Trending News

2 weeks, 1 day ago

Policy coordination can spur common prosperity

China Daily

The talks Chinese Premier Li Qiang is hosting in Beijing on Monday with heads of 10 international economic organizations are expected to be conducive to improving the global economic governance system and promoting global common prosperity. Under the theme of "Building Consensus on Development to Promote Global Common Prosperity", Premier Li and his guests, including heads of the World Bank, …

Global Economy China World Development Economic Countries

2 weeks, 1 day ago

Greater global unity key to sustainable growth

China Daily

Copies of the "Global Development Report 2024". Global unity and cooperation are essential for tackling today's complex challenges and building a sustainable future for all, experts from home and abroad said at the launch of the Global Development Report 2024 in Beijing on Friday. "All these solutions point in one direction: what is needed is greater global cooperation to achieve …

Global China Development Egypt

Top News

2 weeks, 1 day ago

Defender of global trade stability

China Daily

ZHANG TING/FOR CHINA DAILY China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the framework that supports global trade. In terms …

Global International China Trade Supply Settlement Global Trade

Top News

2 weeks, 1 day ago

Defender of global trade stability

China Daily

Global International China Supply Settlement Global Trade Currency

Top News

2 weeks, 1 day ago

Xi's proposal facilitating exchanges

China Daily

Muscatine students learn how to make dumplings in Beijing during their 10-day trip to China in January. When asked about President Xi Jinping's ambitious proposal made last year to invite a total of 50,000 young people from the United States over a period of five years to visit China on exchange and study programs, Eric Foster, nephew of legendary journalist …

Global China Brics Countries Chinese Beijing China Daily

Top News

2 weeks, 1 day ago

Defender of global trade stability

China Daily

Global International China Trade Supply Settlement Global Trade

Trending News

2 weeks, 1 day ago

Firm confidence in prospects of economy: China Daily editorial

China Daily

A view of Beijing's CBD area on Aug 19, 2022. That also explains the great attention paid to the "1+10" Dialogue Chinese Premier Li Qiang hosted in Beijing on Monday with the heads of 10 international economic organizations, including the World Bank, the International Monetary Fund, the World Trade Organization and the Bank for International Settlements, under the theme of …

Global China World Economic Beijing Chinese Economy

Trending News

2 weeks, 1 day ago

Greater global unity key to sustainable growth

China Daily

By SONG PING | China Daily Global | Updated: 2024-12-09 10:04 Copies of the "Global Development Report 2024". "All these solutions point in one direction: what is needed is greater global cooperation to achieve inclusive, fair, ecologically sustainable and people-centered development to benefit all the people on planet Earth," said Sudheendra Kulkarni, founder and chairman of the Forum for a …

Global China Development Egypt Unity Key

Trending News

2 weeks, 1 day ago

Defender of global trade stability

China Daily

China is countering destabilizing forces and the weaponizing of trade relationships China is a strong defender of global trade stability, countering destabilizing forces with support for global mechanisms and innovative domestic policies. At a high level, these open trade mechanisms include APEC, the G20, the World Trade Organization, the Regional Comprehensive Economic Partnership and other trade agreements operating within the …

Global International China Trade Supply Settlement Global Trade

Top News

2 weeks, 1 day ago

Xi's proposal facilitating exchanges

China Daily

Global China Brics Countries Chinese Beijing China Daily

Top News

2 weeks, 1 day ago

Xi's proposal facilitating exchanges

China Daily

Global China Brics Countries Chinese Beijing China Daily

Top News

2 weeks, 1 day ago

Defender of global trade stability

China Daily

Global International China Trade Supply Settlement Global Trade

Trending News

2 weeks, 2 days ago

Xi's proposal facilitating exchanges

China Daily

Global China Country Brics Countries Chinese Beijing

Trending News

2 weeks, 2 days ago

Policy coordination can spur common prosperity: China Daily editorial

China Daily

Global Economy China World Development Economic Countries

2 weeks, 3 days ago

Firms urged to sharpen global strategy

China Daily

Report says companies should explore new growth drivers in overseas markets As the global trade landscape continues to evolve, Chinese enterprises making forays into overseas markets should strengthen localized production and operation, and optimize the layout in global supply chains, while pooling more resources into technological innovation, to navigate challenges from escalating trade protectionism and geopolitical tensions, said experts and …

2 weeks, 3 days ago

How China energizes global poverty fight

China Daily

Ending poverty has long been a major challenge for humanity since ancient times. Centering on "targeted poverty alleviation," China's poverty reduction strategy blends rapid economic growth with tangible improvements in well-being. China's contributions to global poverty alleviation also go beyond financial and technical aid. At the recently concluded G20 summit in Rio de Janeiro, Chinese President Xi Jinping outlined China's …

Global Poverty Development Food Security Global Development Countries Juncao

2 weeks, 3 days ago

China calls for shared global growth

China Daily

People visit the Photography Exhibition on Pragmatic China-Africa Cooperation under Belt and Road Initiative in Nairobi, Kenya, on March 22, 2024. The Global Development Report 2024 launched by the Center for International Knowledge on Development on Friday said the United Nations 2030 Agenda for Sustainable Development "faces great challenges in meeting its deadline". They should push the 2030 Agenda back …

Global China Development Cooperation Countries Report

2 weeks, 4 days ago

China's initiatives promote stability in Asia-Pacific

China Daily

A journalist departs the Asia-Pacific Economic Cooperation summit venue, in Lima, Peru, Nov 16, 2024. Xi has outlined a futuristic road map for the Asia-Pacific, comprising green transformation and development of qualitative industrialization, digitalization, innovation and, above all, open economic cooperation, which is the way forward to rescue economies, communities and nations' building capacities from global warming and economic protectionism. …

Global International China Trade Development Economic Cooperation

Outlook for, benefits of high-quality development in spotlight

Trending News

2 weeks, 4 days ago

Outlook for, benefits of high-quality development in spotlight

China Daily

Students from the University of International Business and Economics pose for a group photo before entering the venue of a Vision China event co-hosted by China Daily in Beijing on Thursday. Wang Zhuangfei/China Daily China's steadfast pursuit of high-quality development, which focuses on high-level opening-up and deepened reforms to further stimulate growth while bolstering economic resilience, not only serves the …

Global Economy International Growth China Development Economic

Trending News

2 weeks, 4 days ago

Modernizing the Global South

China Daily

MA XUEJING/CHINA DAILY China's leadership has always based its policy and its relations with the developing world on the principle of solidarity, mutual benefits and the promotion of win-win cooperation Editor's note: The world has undergone many changes and shocks in recent years. It is apposite at this point to show the qualitative difference between Chinese investments in the Global …

Global Europe China World Investments Global South Developing

Nation steps up efforts to bolster import and export growth

Trending News

2 weeks, 4 days ago

Nation steps up efforts to bolster import and export growth

China Daily

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

China Trade Green Wang Foreign Green Trade

Trending News

2 weeks, 4 days ago

Modernizing the Global South

China Daily

Global Europe China World Investments Global South Developing