China Meets All Annual Development Goals for 2017

China has met all its annual development targets set in last year’s government work report, the State Council said Thursday. The 36 quantitative goals for 2017, including annual economic growth of around 6.5 percent, were accomplished perfectly, according to a State Council report tracking the progress of last year’s government targets.

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China to Optimize the Business Environment

Improving the business environment for Chinese enterprises should not be a paper exercise; it must be acted upon. The State Council has provided clarity on how to make Chinese entrepreneurs feel more “secure”.

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Review 2017: Top 10 Business News Stories

Central Economic Work Conference just concluded last week. Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era has taken shape. What are the top ten business news stories of this year in China?

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Fostering Entrepreneurial Spirit – What does it mean?

Since the reform and opening up, generations of China’s best entrepreneurs have flourished in both internal and external markets through fierce competition, and have made a great contribution to China’s economic and social development. The fostering of entrepreneurial spirit will encourage the entrepreneurs to make even greater contributions and will also bring greater individual vitality.

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Alibaba’s 18th Birthday: Is Jack Ma an Idealist or a Braggart?

On Sept. 8, China’s e-commerce giant Alibaba Group celebrated its 18th anniversary in Hangzhou, capital of east China’s Zhejiang Province.
Around 40,000 Alibaba employees from dozens of countries and regions attended the party. Employees and executives enjoyed the event together. Jack Ma, Chairman of Alibaba, even performed a classic Michael Jackson dance together with some of the other business partners.

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