“China wants to become a center of innovation and protect intellectual property. This will encourage foreign companies and foreign governments to consider China a good place to invest.”
The three typical scenarios of 5G will remove limitations on speed of previous generations of mobile communications and enable users to enjoy faster internet access while using less energy and experiencing lower latency.
The best choice for them is to develop a new type of international relations featuring non-alliance, non-confrontation and not targeting any third party. And their bilateral relations, on the basis of the Five Principles of Peaceful Co-existence, should be characterized by equality, win-win cooperation, and good neighborliness.
Modi’s reelection not only testifies to the enhancement of Hindu radicalism, nationalism and patriotic sentiment in India, but also demonstrates that the Bharatiya Janata Party will probably maintain a dominant position in India’s political arena amidst the decline of other political parties.
After the law is promulgated and implemented, the registration procedures for foreign businesses will be reduced and the time required will be shortened, bringing great convenience to foreign investors.
The remarkable economic achievement did not happen following the Western world’s favored developmental tools, but rather through China’s unique path.
This year marks the 40th anniversary of China’s reform and opening up. Just as Chinese President Xi Jinping pointed out in the report delivered at the 19th National Congress of the Communist Party of China (CPC), Chinese people today are closer, more confident, and more capable than ever before of making national rejuvenation a reality. The major reasoning for President Xi’s statement is China’s achievements over the past 40 years. In 1978, China’s per capita GDP stood at only US$155, and more than 80 percent of its population lived in rural areas. At that time, China’s imports and exports accounted for only 9.7 percent of the country’s total GDP. Essentially, 90 percent of the country’s GDP was not related to the international economy. However, over the 40 years since China’s historic reform and opening up, the country’s GDP has averaged an annual growth rate of around 9.5 percent in comparable prices. In human history, never has a country with such a huge population and weak foundation been able to realize such a high-speed and long-term growth. It is more than appropriate to call China’s progress over the last 40 years a “China miracle.” In the 1980s and 1990s, almost all developing countries, socialist countries included, carried out reform and opening up. However, instead of prosperity, these reforms caused economic collapse, […]
During the seven years after the program was implemented, the central government invested 124 billion yuan in poverty alleviation, and the rural poverty stricken population dropped from 80 million to 32 million.