Articles for Economic Development

Transport network plays key role in keeping region connected
5 days, 15 hours ago

Transport network plays key role in keeping region connected

China Daily  

The Kunming Dry Port train, part of the China-Laos-Thailand Railway, has begun operations from Anning, Yunnan province, passing through Vientiane and eventually reaching the coastal city of Ranong in Thailand in November. Economic ties between Laos and China, particularly between Vientiane and Kunming, have been significantly strengthened, promoting passenger transport and goods logistics, as well as collaboration in areas such …

Collaboration Economic Thailand Kunming Vientiane Key Role Laos Railway
China's pivotal role in Global South
1 week 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 …

Global China Economic Development Challenges Global South Egypt Brics
Neighborhood diplomacy conducive to regional peace and development
1 week 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 Development Cooperation Countries Regional Stability
China's initiatives promote stability in Asia-Pacific
2 weeks, 3 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
Yangtze River Delta set to up innovation
Trending News
2 weeks, 3 days ago

Yangtze River Delta set to up innovation

China Daily  

Tourists congregate at the Bund area of Shanghai. WANG GANG/FOR CHINA DAILY The Yangtze River Delta region, a cornerstone of China's economic landscape, is poised for a future defined by heightened cooperation and innovation, as officials unveiled ambitious plans during a recent news conference held by the YRD Regional Cooperation Office. A linchpin in the region's success story has been …

Economic Development Region Shanghai Yangtze River Yangtze River Delta Yrd
Xi: Modernization bodes well for world
2 weeks, 5 days ago

Xi: Modernization bodes well for world

China Daily  

By Zhang Yunbi in Beijing and Zheng Caixiong in Guangzhou | China Daily | Updated: 2024-12-04 08:04 Journalists covering the 2024 Understanding China Conference enter the conference venue in Guangzhou, South China's Guangdong province, Dec 3, 2024. The Chinese path to modernization "meets the aspiration of 1.4 billion people for a better life and will make new and greater contributions …

China World Economic Development Modernization Countries Chinese Guangdong
Sci-tech innovation, industry integration key to prosperous Yangtze River Delta region
2 weeks, 6 days ago

Sci-tech innovation, industry integration key to prosperous Yangtze River Delta region

China Daily  

With the strategy of coordinated regional development yielding fruitful results in the Yangtze River Delta region, scientific and technological innovation and its integration with industries is key to further drive high-quality growth in the region, experts and business leaders said on Friday at a Think Tank Summit held at Fudan University in Shanghai. Organized by the Fudan Institute for Yangtze …

China Development Economic Region Zheng Zhang Regional
Li: Stable industrial and supply chains key
3 weeks, 6 days ago

Li: Stable industrial and supply chains key

China Daily  

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

Global China Supply Economic Industrial Chinese Economic Globalization
Debt swaps to rejuvenate local governments
4 weeks ago

Debt swaps to rejuvenate local governments

China Daily  

CAI MENG/CHINA DAILY On Nov 8, the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in the local government special bond ceiling to replace outstanding hidden debt — or liabilities of local governments that are not officially recorded. Local governments will be eligible for local government special bonds worth another 4 trillion yuan over …

China Resolution Economic Growth Economic Development Debt Resolution Economic Debt Management
Debt swaps to rejuvenate local governments
4 weeks ago

Debt swaps to rejuvenate local governments

China Daily  

By Luo Zhiheng | China Daily | Updated: 2024-11-25 09:58 CAI MENG/CHINA DAILY On Nov 8, the Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in the local government special bond ceiling to replace outstanding hidden debt — or liabilities of local governments that are not officially recorded. Local governments will be eligible for …

China Local Resolution Economic Growth Economic Development Debt Resolution Economic
Global South can be pillar of global development
Trending News
1 month ago

Global South can be pillar of global development

China Daily  

This photo taken on Nov 16, 2024 shows a G20 logo near the main venue of the 19th G20 summit in Rio de Janeiro, Brazil. The G20 summit, which concluded in Rio de Janeiro on Tuesday, has underscored the important roles the Global South has assumed in different fields, as well as the urgency of reforming the global governance system …

Global Development Economic Global South Global Development South G20 Countries
Sustainable development mode addresses project funding shortages
1 month ago

Sustainable development mode addresses project funding shortages

China Daily  

Wild birds fly above the surface of the water in the Maling Reservoir in Rizhao, Shandong province. In October, an EOD project in the county-level city of Zhuanghe, administered by Dalian in Liaoning province, centered on improving the city's water quality and fishing industry, secured a 20-year credit line of 1.26 billion yuan from the Agricultural Development Bank of China. …

Environment Development Environmental Bank Economic Project Liaoning
Xi emphasizes pursuit of common development
1 month ago

Xi emphasizes pursuit of common development

China Daily  

President Xi shakes hands with Australian Prime Minister Anthony Albanese during their meeting on the sidelines of the 19th G20 Summit on Monday. WANG ZHUANGFEI/CHINA DAILY Beijing, Canberra to bolster cooperation President Xi Jinping expressed on Monday China's willingness to work with Australia to build a more mature, stable and constructive comprehensive strategic partnership between the two countries to inject …

China Australia Bilateral Relations Chinese Australian Emphasizes Pursuit
Xi: 'Tear down the walls' impeding trade, tech
1 month ago

Xi: 'Tear down the walls' impeding trade, tech

China Daily  

President Xi Jinping delivers a key speech when attending the 31st APEC Economic Leaders' Meeting. XIE HUANCHI/XINHUA President Xi Jinping on Saturday proposed building an open and interconnected paradigm for Asia-Pacific cooperation with efforts to advance regional economic integration and "tear down the walls" impeding the flow of trade, investment, technology and services. "A Free Trade Area of the Asia-Pacific …

China Trade Development Economic Cooperation Leaders Countries
Xi: 'Tear down the walls' impeding trade, tech
1 month ago

Xi: 'Tear down the walls' impeding trade, tech

China Daily  

President Xi Jinping delivers a key speech when attending the 31st APEC Economic Leaders' Meeting. XIE HUANCHI/XINHUA President Xi Jinping on Saturday proposed building an open and interconnected paradigm for Asia-Pacific cooperation with efforts to advance regional economic integration and "tear down the walls" impeding the flow of trade, investment, technology and services. "A Free Trade Area of the Asia-Pacific …

China Trade Development Economic Cooperation Leaders Countries
NITI Aayog CEO visits Sri City, lauds its role in India’s industrial growth
1 month, 1 week ago

NITI Aayog CEO visits Sri City, lauds its role in India’s industrial growth

Deccan Chronicle  

The session focused on the development and expansion of industrial clusters like Sri City. Subrahmanyam described these as critical engines of job creation, regional development and sustainable economic growth.Expressing his admiration, Subrahmanyam highlighted Sri City’s unique blend of global diversity. “It is housing 220 industrial units from 30 different countries and employing 65,000 people in a pristine, ecologically balanced environment,” …

India Economic Development City Industrial Sri Subrahmanyam Sri City
Understanding Xi's vision for APEC family through catchphrases
1 month, 1 week ago

Understanding Xi's vision for APEC family through catchphrases

China Daily  

This undated photo shows the scenery near Yanqi Lake, one of the two venues for the Asia-Pacific Economic Cooperation meetings in Beijing, China. "A LONE GOOSE CANNOT MAKE A FORMATION" While hosting the 2014 APEC meeting by Yanqi Lake in Beijing's northern suburbs, Xi compared the 21 APEC economies to 21 swan geese. "We are meeting here at Yanqi Lake …

Region Swan Geese Economies Apec Yanqi Lake
Visit aims to fuel growth, solidify ties
1 month, 1 week ago

Visit aims to fuel growth, solidify ties

China Daily  

President Xi Jinping's trip to Latin America for multilateral gatherings and bilateral talks has fueled expectations that China will continue championing inclusive growth and better global governance and further solidify ties with key partners in the vibrant region. Cui said that China "promotes economic integration within the Asia-Pacific region through APEC, providing practical solutions for issues such as connectivity, digital …

Global Growth China Governance Development Global Governance Economic
CIIE: China's contribution to world economic development
Top News
1 month, 2 weeks ago

CIIE: China's contribution to world economic development

China Daily  

Jinbao, mascot of the China International Import Expo. Launched in 2018, the CIIE stands as the world's first national-level import-focused exhibition, dedicated to fostering global market access, promoting economic cooperation and enhancing China's openness to international trade. The success of the first CIIE signaled the beginning of a new era in China's trade strategy, reinforcing the country's commitment to import …

Global International Economic Cooperation China Trade Commitment International Trade
China's Sihanoukville: A Gateway to Cambodian Prosperity
Trending News
1 month, 2 weeks ago

China's Sihanoukville: A Gateway to Cambodian Prosperity

China Daily  

Cambodia is looking to attract more Chinese investors to its Preah Sihanouk Province for high-quality development. The province will become an international gateway by developing its capital Sihanoukville into a major global trade and logistics center, and establishing itself as an international multimodal transport hub and financial center.

Government Law Infrastructure Economic Development Sihanoukville
BRICS: A Gateway to a Brighter Future for the Global South
1 month, 2 weeks ago

BRICS: A Gateway to a Brighter Future for the Global South

China Daily  

BRICS is a platform for countries with similar historical experiences and development challenges to seek strength through unity. BRICS offers a unique channel for these countries to break free from unfair treatment, speak for themselves and defend their rights. BRICS has made global governance fairer, more equitable and inclusive.

Economic Development Political Influence Global South Cooperation Security and Conflict Kazan
India's Geopolitical Gambit: Strengthening the Indo-Pacific Link in the Quad Framework
1 month, 2 weeks ago

India's Geopolitical Gambit: Strengthening the Indo-Pacific Link in the Quad Framework

The Hindu  

The strengthening of the India link in the Indo-Pacific Economic Framework for Prosperity (IPEF) is a significant development that signifies New Delhi's commitment to a more inclusive and sustainable economic future for the region. The framework's focus on inclusive growth, environmental sustainability, and fair economic competitiveness aligns with India's domestic vision and foreign policy ambitions of a multipolar world. The …

Law International Relations Trade Economic Development New Delhi
Raising Retirement Age in China: A Balancing Act Between Economic and Social Concerns
Trending News
1 month, 3 weeks ago

Raising Retirement Age in China: A Balancing Act Between Economic and Social Concerns

China Daily  

China's aging population and low birth rate problem require a multifaceted approach to address the declining working-age population. Two key solutions are to introduce robots and AI technology to cope with the declining working-age population due to the low birth rate, or raise the retirement age to ease the pressure on pension funds and enhance old-age security.

Government Law Social Issues Economic Development
Raising Retirement Age in China: Balancing Economic and Social Concerns
1 month, 3 weeks ago

Raising Retirement Age in China: Balancing Economic and Social Concerns

China Daily  

China's aging population and low birth rate problem require addressing through raising the retirement age. The government has decided to gradually raise the retirement age from 60 to 63 for men and 50-55 for women, starting in 2025. This measure is intended to ensure a healthy supply of labor, ease the pressure on pension funds, and promote long-term growth. However, …

Government Law Social Issues Economic Development