China’s Waste Sorting Program: A Step in the Right Direction
Notably, the ‘waste generation’ has been one of the biggest challenges for China as well.
China and Europe: Expanding Common Interests and Conducting Benign Competition
China’s views on Europe and its policy toward Europe are consistent.
What Makes Shanghai’s Business Environment the Best in China
A joint report released last month by four prominent Chinese think tanks has shed new light on Shanghai’s commercial potential. Ranking it the best business city in China, the WANB Institute, China Strategic Culture Promotion Association, China Economic Media Association, and YICAI Research Institute analyzed a series of interdependent factors that contribute to Shanghai’s urban business environment index. The result was not a complete surprise since Shanghai has been leading China’s growth for quite some time. But the study does offer an opportunity for China watchers to understand what makes the city’s economy so remarkable. One of the major reasons for Shanghai’s success is the infrastructure index that turned out to be the highest in all of China. The city has established itself as the de facto business capital by modernizing its infrastructure to cater to businesses from across the globe heading to China to benefit from the world’s second-largest economy. A monumental US$21 billion investment last year was spent on mega projects such as the construction of the Yangshan deepwater port, the renovation of the Hongqiao International Airport and the expansion of the metro network. Shanghai is the world’s fifth largest financial hub and is working its way up to becoming the global leader. This January, an action plan was approved by the State Council to make the city […]
How Does China Contribute to Efforts to Protect the Earth?
China is home to the largest artificial afforestation area in the world
Britain’s Brexit Dilemma No Nearer to Solution
The government, as well as the wider ranks of parliamentarians, still have to decide what to do about Britain’s contentious membership of the European Union (EU).
Are Trump’s Tariffs Working?
Those who are familiar with Trump suggest this strategy is part of his famous ‘art of the deal’.
United States-Provoked Trade War Set to Harm Entire Global Economy
The U.S. is trying to create an “America First” policy and realize so-called “American Supremacy” through the trade war, which is just a fantasy.
China and Japan have a thousand reasons to strengthen cooperation
How should we view the continuous improvement and development of Sino-Japanese relations? How should we understand the two countries’ positive roles in the current international landscape?
Kong Quan: The Belt and Road Initiative is a Rational and Inevitable Choice
Bullying cannot lead to cooperation, and hegemony cannot bring about development.
Trump-Kim Summit Ends Fruitlessly: Three Major Signals Are Perceptible
In the next few years, it is almost unlikely to expect more meaningful results in dialogue and negotiations between the US and the DPRK, and we can’t expect South Korea-DPRK reconciliation and cooperation to maintain the current momentum.
How Can China’s Economy Maintain Steady Growth at a Challenging Time?
China will continue to innovate and improve its macro-control policies to offset external uncertainties and strive to keep economic growth within a reasonable range, Premier Li Keqiang said when presiding over a meeting on Jan 15, attended by scholars and entrepreneurs on a draft version of the government work report. In recent years, there have been increasing voices claiming that China’s economic growth has already peaked after several years of rapid growth. There are also many factors pointing towards a range of risks set to appear in the near future. In addition, several new problems have emerged in the development of China’s economy both before and after the US-China trade war began. Confronted with the pressure of an economic downturn, what form will China’s future economic development take? And what is the driving force behind China’s sustained economic development? The Development of China’s Economy in 2018 On the one hand, China’s economy improved in terms of stability in 2018: profits across various industries and companies maintained a rather high rate of growth, while some industries with high profit growth drove the recovery of manufacturing investments. At the same time, signs of overheating in the real estate market have been alleviated. On the other hand, China’s economy has been affected by factors including household debt accumulation, widening income gaps and the […]
