Since the global financial crisis and the economic crisis in 2008, China’s economy has undergone a significant change. How we should perceive these new features and drive these new patterns of development are two vital questions that China now faces.
Oct 12, 2017
China seized its opportunity at the end of last century to develop manufacturing industry when the third industrial revolution and globalization was in full swing, adding powerful fuel to China’s economic growth. Over four decades since the start of reform and opening up, China grew rapidly into the “world’s factory”, and “Made in China” began to bring its prominent cost advantage into play.
Oct 11, 2017
Since the 18th National Congress of the CPC in 2012, the Central Committee of the Party with Secretary General Xi Jinping as core has made great achievements in deepening the comprehensive reforms and building up a high standard open economy.
Oct 10, 2017
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.
Sep 30, 2017
The People’s Bank of China (PBOC) announced in early September that virtual currencies such as Bitcoin were suspected of supporting criminal activities such as illegal fund-raising, financial fraud and pyramid schemes, and implemented an immediate halt to their use. In response, the three biggest Bitcoin exchange platforms in China, BTC China, Huobi.com and OKCoin, have announced that they will stop all trading by the end of September.
Sep 25, 2017
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.
The leaders of Brazil, Russia, India, China and South Africa met in China coast city Xiamen early September.
The summit of the BRICS nations brings together five major new emerging economies, who are seeking a greater say in world affairs.
A number of overseas media, including many from non-BRICS countries, also keeps a close eye on the latest reports from the summit.
So, what aspects are they focusing on?
The Xiamen Summit, under the theme of “BRICS: Stronger Partnership for a Brighter Future”, is set to be a key milestone in connecting the past and future of BRICS cooperation.
Sep 8, 2017
The Xiamen BRICS summit closed at 5th, Sept. The official document BRICS Leaders Xiamen Declaration summarized the successful experience of BRICS cooperation in ten years, planning a new blueprint for pragmatic cooperation to strengthen BRICS partnership and deepen in various fields.
Sep 7, 2017
On 3rd Sep., Chinese President Xi Jinping delivered a speech at the ninth BRICS summit in the southeastern city of Xiamen, Fujian Province, calling on BRICS countries to fight protectionism and advance the reform of global economic governance.
Sep 6, 2017
10 experts interpret Xi Jinping’s keynote speech at the opening ceremony of the BRICS Business Forum (Part II)
Sep 5, 2017
Ten top experts interpret Xi Jinping’s keynote speech at the opening ceremony of the BRICS Business Forum (Part I)
Sep 5, 2017