"To be a manufacturing powerhouse, a nation needs to maintain the enormous size of its manufacturing sector and rapid industrial expansion. To grow into a manufacturing superpower, the emphasis should be on productio..."To be a manufacturing powerhouse, a nation needs to maintain the enormous size of its manufacturing sector and rapid industrial expansion. To grow into a manufacturing superpower, the emphasis should be on production efficiency and competitiveness, "展开更多
After several years of development, China's high-speed railways, with a maturing technology and construction capability, is currently stepping up "going out" - in other words, to construct and operate cross-border ...After several years of development, China's high-speed railways, with a maturing technology and construction capability, is currently stepping up "going out" - in other words, to construct and operate cross-border and international high-speed railways, Notably, China has developed and embraced key technologies that ensure the sustainable development of the sector, in areas such as environmental protection, low carbon emissions and energy saving.展开更多
Along with rapid growth in e-commerce, the country's express delivery companiesare expanding onto the turf of their international counterparts in cross-border services. What comes first is the battle for internationa...Along with rapid growth in e-commerce, the country's express delivery companiesare expanding onto the turf of their international counterparts in cross-border services. What comes first is the battle for international talents. Shanghai YTO Express (Logistics) Co Ltd, a maior delivery service provider in China, confirmed in January the company had hired Zhong Zhanrong, former Asia- Pacific trans-shipment director of United Parcel Service of North America Inc, the international shipping giant, as the company's vice-president.展开更多
The successful experiences and milestones achieved by the China (Shanghai) Pilot Free Trade Zone will be duplicated and promoted across the country and will be the focus of the free trade zones in the new year. Acc...The successful experiences and milestones achieved by the China (Shanghai) Pilot Free Trade Zone will be duplicated and promoted across the country and will be the focus of the free trade zones in the new year. According to Chen Yin, deputy director of the administrative committee of the FTZ, 27 results concerning systematic innovation, have been promoted all over China or in some specific areas of the country so far.展开更多
The broad area of China's northeast amounts to roughly one-seventh of the country's total territory, and ers Liaoning, ]ilin and Heilongiiang vinces and the eastern part of Inner ngolia autonomous region.
Service Sector Key to Structural TransformationThe openness and development of the service sector is the key to China's structural transformation in the forthcoming period. Potential problems with China's rapid econ...Service Sector Key to Structural TransformationThe openness and development of the service sector is the key to China's structural transformation in the forthcoming period. Potential problems with China's rapid economic growth are largely being presented as internal and external economic imbalances. The external imbalance has been significantly eased. With the RMB's appreciation and the rise of labour costs, China's current account surplus has been less than 3 percent of GDP for three years in a row. But no significant improvement has yet to be seen in the internal imbalance. For instance, manufacturing is still plagued by excess capacity, and many Chinese people are facing great inconvenience in their lives in such areas as education and health care. The take-off of the service sector will encourage the Chinese economy to change from an investment-and export-driven model to a consumption-driven one.展开更多
CHINA DAILYChina's economic restructure will usher in a new era of German investment featuring automation,digitalization, environmental technology and renewable energy, according to the German Chamber of Commerce in ...CHINA DAILYChina's economic restructure will usher in a new era of German investment featuring automation,digitalization, environmental technology and renewable energy, according to the German Chamber of Commerce in China.展开更多
China's GDP growth in the first quarter of this year stood at 7.4%, down 0.3 of a percentage point from a year ago. It was the slowest annual GDP growth in 18 months. At the same time, provincial Q1 GDP growth slowed...China's GDP growth in the first quarter of this year stood at 7.4%, down 0.3 of a percentage point from a year ago. It was the slowest annual GDP growth in 18 months. At the same time, provincial Q1 GDP growth slowed, almost across the board.展开更多
China is accelerating the pace of its free trade area talks, and has made significant breakthroughs in its FTA strategy recently. On November 10, China and the Republic of Korea agreed to conclude thesubstantive nego...China is accelerating the pace of its free trade area talks, and has made significant breakthroughs in its FTA strategy recently. On November 10, China and the Republic of Korea agreed to conclude thesubstantive negotiations on the establishment of an FTA. The Sino-ROK FTA agreement covers a wide range of areas and will be the world's largest bilateral trade arrangement.展开更多
Just three decades ago, Yiwu was one of the more backward counties in Zhejiang province. Today, it is a thriving centre of commerce, the world's largest wholesale market for appliances, accessories and toys.
The G20 summit in Saint Petersburg, Russia, on September 5 and 6 adopted the 'Leaders Declaration' and 'Saint Petersburg Action Plan', both of which stated explicitly that "Strengthening growth and creating jobs ...The G20 summit in Saint Petersburg, Russia, on September 5 and 6 adopted the 'Leaders Declaration' and 'Saint Petersburg Action Plan', both of which stated explicitly that "Strengthening growth and creating jobs is our top priority".展开更多
China's imports and exports of services continued their growth in 2012, with the total exceedingUS$471.0 billion, to become the third biggest in the world. The figure represents an increase of 12.3% from 2011 and acc...China's imports and exports of services continued their growth in 2012, with the total exceedingUS$471.0 billion, to become the third biggest in the world. The figure represents an increase of 12.3% from 2011 and accounts for 5.6% of the world's total. Services totalled 10.8% of China's overall foreign trade, 0.S of a percentage point more than in 2011.展开更多
In a move described as "unprecedented" by Premier Li Keqiang, China and Europe have concluded a wide-ranging agreement on bilateral cooperation. The deal, signed at the 16th China-Europe Leaders' Meeting in Novembe...In a move described as "unprecedented" by Premier Li Keqiang, China and Europe have concluded a wide-ranging agreement on bilateral cooperation. The deal, signed at the 16th China-Europe Leaders' Meeting in November, set a target for annual bilateral trade of US$1 trillion by 2020.展开更多
OECD Sees China Growth Accelerating in 2014 China's economic growth is likely to accelerate to 8.2% in 2014 from an expected 7.7% this year, driven by stronger domestic demand, according to the Organization for Econo...OECD Sees China Growth Accelerating in 2014 China's economic growth is likely to accelerate to 8.2% in 2014 from an expected 7.7% this year, driven by stronger domestic demand, according to the Organization for Economic Co-operation and Development (OECD). The OECD prediction, published on November 19, is more optimistic than a recent Reuters poll which showed China's economic growth slowing to 7.4% in 2014 from an expected Z6% this year - the weakest in 14 years. The OECD also predicts China's consumer inflation easing to 2.4% in 2014 from 2.5% this year.展开更多
Zhu Jianzhou, an executive direc- tor with Shanghai Zhongji Pile Industry Co., a leading entity in its field, is excited by a pilot scheme to replace business tax with value-added tax (VAT).
We like the world to believe that we are better people than we really are. We want others to imagine that we are wealthier, more caring, and smart. We can't help it.
As part of the royal court of Liao, Jin, Yuan, Ming and Qing dynasties, Beihai Park boasts majestyand grace that have been passed down for hundreds of years. Visitors are drawn here not only by the scenery, but also F...As part of the royal court of Liao, Jin, Yuan, Ming and Qing dynasties, Beihai Park boasts majestyand grace that have been passed down for hundreds of years. Visitors are drawn here not only by the scenery, but also Fangshan Restaurant, known for its Qing imperial palace cuisine. Thanks to this more than 80 year old restaurant, incomparable luxury of the monarch can be experienced by common consumers.展开更多
文摘"To be a manufacturing powerhouse, a nation needs to maintain the enormous size of its manufacturing sector and rapid industrial expansion. To grow into a manufacturing superpower, the emphasis should be on production efficiency and competitiveness, "
文摘After several years of development, China's high-speed railways, with a maturing technology and construction capability, is currently stepping up "going out" - in other words, to construct and operate cross-border and international high-speed railways, Notably, China has developed and embraced key technologies that ensure the sustainable development of the sector, in areas such as environmental protection, low carbon emissions and energy saving.
文摘Along with rapid growth in e-commerce, the country's express delivery companiesare expanding onto the turf of their international counterparts in cross-border services. What comes first is the battle for international talents. Shanghai YTO Express (Logistics) Co Ltd, a maior delivery service provider in China, confirmed in January the company had hired Zhong Zhanrong, former Asia- Pacific trans-shipment director of United Parcel Service of North America Inc, the international shipping giant, as the company's vice-president.
文摘The successful experiences and milestones achieved by the China (Shanghai) Pilot Free Trade Zone will be duplicated and promoted across the country and will be the focus of the free trade zones in the new year. According to Chen Yin, deputy director of the administrative committee of the FTZ, 27 results concerning systematic innovation, have been promoted all over China or in some specific areas of the country so far.
文摘The broad area of China's northeast amounts to roughly one-seventh of the country's total territory, and ers Liaoning, ]ilin and Heilongiiang vinces and the eastern part of Inner ngolia autonomous region.
文摘Service Sector Key to Structural TransformationThe openness and development of the service sector is the key to China's structural transformation in the forthcoming period. Potential problems with China's rapid economic growth are largely being presented as internal and external economic imbalances. The external imbalance has been significantly eased. With the RMB's appreciation and the rise of labour costs, China's current account surplus has been less than 3 percent of GDP for three years in a row. But no significant improvement has yet to be seen in the internal imbalance. For instance, manufacturing is still plagued by excess capacity, and many Chinese people are facing great inconvenience in their lives in such areas as education and health care. The take-off of the service sector will encourage the Chinese economy to change from an investment-and export-driven model to a consumption-driven one.
文摘CHINA DAILYChina's economic restructure will usher in a new era of German investment featuring automation,digitalization, environmental technology and renewable energy, according to the German Chamber of Commerce in China.
文摘China's GDP growth in the first quarter of this year stood at 7.4%, down 0.3 of a percentage point from a year ago. It was the slowest annual GDP growth in 18 months. At the same time, provincial Q1 GDP growth slowed, almost across the board.
文摘China is accelerating the pace of its free trade area talks, and has made significant breakthroughs in its FTA strategy recently. On November 10, China and the Republic of Korea agreed to conclude thesubstantive negotiations on the establishment of an FTA. The Sino-ROK FTA agreement covers a wide range of areas and will be the world's largest bilateral trade arrangement.
文摘Just three decades ago, Yiwu was one of the more backward counties in Zhejiang province. Today, it is a thriving centre of commerce, the world's largest wholesale market for appliances, accessories and toys.
文摘The G20 summit in Saint Petersburg, Russia, on September 5 and 6 adopted the 'Leaders Declaration' and 'Saint Petersburg Action Plan', both of which stated explicitly that "Strengthening growth and creating jobs is our top priority".
文摘China's imports and exports of services continued their growth in 2012, with the total exceedingUS$471.0 billion, to become the third biggest in the world. The figure represents an increase of 12.3% from 2011 and accounts for 5.6% of the world's total. Services totalled 10.8% of China's overall foreign trade, 0.S of a percentage point more than in 2011.
文摘In a move described as "unprecedented" by Premier Li Keqiang, China and Europe have concluded a wide-ranging agreement on bilateral cooperation. The deal, signed at the 16th China-Europe Leaders' Meeting in November, set a target for annual bilateral trade of US$1 trillion by 2020.
文摘OECD Sees China Growth Accelerating in 2014 China's economic growth is likely to accelerate to 8.2% in 2014 from an expected 7.7% this year, driven by stronger domestic demand, according to the Organization for Economic Co-operation and Development (OECD). The OECD prediction, published on November 19, is more optimistic than a recent Reuters poll which showed China's economic growth slowing to 7.4% in 2014 from an expected Z6% this year - the weakest in 14 years. The OECD also predicts China's consumer inflation easing to 2.4% in 2014 from 2.5% this year.
文摘Zhu Jianzhou, an executive direc- tor with Shanghai Zhongji Pile Industry Co., a leading entity in its field, is excited by a pilot scheme to replace business tax with value-added tax (VAT).
文摘We like the world to believe that we are better people than we really are. We want others to imagine that we are wealthier, more caring, and smart. We can't help it.
文摘As part of the royal court of Liao, Jin, Yuan, Ming and Qing dynasties, Beihai Park boasts majestyand grace that have been passed down for hundreds of years. Visitors are drawn here not only by the scenery, but also Fangshan Restaurant, known for its Qing imperial palace cuisine. Thanks to this more than 80 year old restaurant, incomparable luxury of the monarch can be experienced by common consumers.