A Financial Marriage

A union is in the making between China’s CITIC and France’s CASA bank as each sees the benefits in the other’s financial market     

LOOKING TO THE TWO SESSIONS

The following three stories lay out an overview of the hot issues to be addressed in the upcoming two sessions of the National People’s Congress as well as the Chinese People’s Political Consultative Conference in the nation’s capital in March     

NUMBERS

正30 bln yuan China’s investment in water infrastructure projects in the Tibet Autonomous Region in the last two decades $15.3 bln China’s deficit from services trade in July,the highest level so far in 2014 12.6% Growth in net profit of the Agricultural Bank of China in the first half 15.5% Decrease in net profit of China’s leading electric car maker BYD in the first half     

NUMBERS

<正>210 mln tons China’s crude oil output in 2014,up 0.7 percent year on year13.7%Growth of farmer’s per-capita income in northwest China’s Xinjiang Uygur Autonomous Region in2014$1 tln Estimated GDP of east China’s Jiangsu Province in 2014,becoming the second province in the country to join the tril ion-dol ar GDP club     

Catching the China Wave

<正>Global marketers pool their knowledge in China’s unique and ever-changing digital sceneOver the past three to four years,American cosmetics brand Estée Lauder has quickly ascended to the position of a top beauty brand in the world,and the company’s secret lies in its wise investment in the world’s     

Rural Revolution

正China’s reform and opening up,which mark their40th anniversary this year,were fi rst carried out in the country’s rural areas.The People’s Republic of China adopted a planned economy system in the first three decades after its founding in 1949.Industrial and agricultural work was conducted in accordance with the government’s plans.Planning authorities decided on when to plant in the fi elds and what to plant,not the farmers     

GLOBALIZING ON NUCLEAR POWER

正China’s nuclear industry gains momentum,aiming to be the world’s major exporter On December 16,2015,the State Council authorized the construction of two nuclear power projects—a pilot project of China’s third-generation nuclear power technology at the Fangchenggang Nuclear Power Plant in south China’s Guangxi Zhuang Autonomous Region and the expansion of the Tianwan Nuclear Power Plant in Lianyungang,east China’s Jiangsu Province.     

Everyone’sBusiness

<正>During this year’s Shangri-La Dialogue held from May 29-31 in Singapore,countries headed by the United States condemned China for constructing artificial islands in China’s territory in the South China Sea.Sun Jianguo,Deputy Chief of the General Staff of the People’s Liberation Army,made clear China’s stance while addressing the summit,saying,"China’s resolve to safeguard its sovereignty and territorial integrity and will to maintain     

Exploits Into the Unknown

China’s space program enters a new phase The success of the most recent Shenzhou space mission marks China’s coming of age as a formidable player in mankind’s endeavor to explore the universe. Shenzhou-10, China’s fifth manned spacecraft, stayed in orbit for 15 days between June 11 and 26, representing the longest crewed space mission in the country’s history. Three astronauts completed automated and manual docking with the Tiangong-1 space module.     

Driving in Reverse

<正>For the first time in more than two years,China’s auto industry records negative growth China’s auto sales in April 2011 dipped 0.25 percent year on year to 1.55 million units,the first negative growth recorded in the world’s largest auto market in 27 months,     

OPEN TO TALK

A reporter from Reuters interviews a minority deputy to the NationalPeople’s Congress (NPC) at the opening of the annual full session ofChina’s top legislature in Beijing on March 5. More than 500 foreign journalists have reported extensively on thisyear’s meetings of the NPC and the National Committee of the ChinesePeople’s Political Consultative Conference, the top political advisory body.Overseas media have more access in their dealings with lawmakersand political advisors, due to new regulations that grant more freedom to report in China in the run-up and during the 2008 Olympic Games in Beijing.     

CHINA’S DIPLOMACY IN TRANSITION

正The new Chinese leadership aims to create a favorable international environment for the country's developmentChina’s diplomacy in 2013 was eye-catch ing due to the leadership change in the country and the reinvigoration of reform The spirit of reform and a world vision,which China’s new leadership inherits from their pre decessors,are the soul of Chinese diplomacy today.Today’s world The current situation is quite different from when China’s reform and opening up started in the late 1970s.China’s national strength has grown exponentially since then.As a result,the     

BELT AND ROAD DIPLOMACY

正China’s proactive and communicative foreign policy stance works within the global system In the era since China’s accession to the World Trade Organization(WTO)in2001,the country’s boom in productivity has brought massive benefits in terms of delivering prosperity and material wealth to the Chinese people,and indeed through GDP growth contributions to the outside     

A Positive Factor

China’s Special Representative on the Darfur Issue Liu Guijin recently clarified the country’s position on the crisis in Sudan at a Foreign Ministry press conference. He also addressed concerns about China’s weapons’ sales to Sudan and some attempts to tie China’s policy in Sudan to next year’s summer Olympic Games. The following are excerpts from the conference.     

What Can the World Expect From China?

正The core of the message to the outside world lay in President Xi Jinping’s assertion that the international community expects to hear China’s voice and be aware of China’s plans and China will not be absent from the world’s debate.This is not new,of course.For some time now,the world has recognized China as a force to be reckoned with.But in order to understand what the world can expect from China in 2016,it is useful to analyze the carefully considered content of the president’s     

The Birth and Growth of a Magazine （Part 1）

NOW in its 60th year of publication,China Today debuted as an English-language bimonthly under the name China Reconstructs at the beginning of 1952 (It adopted its current monthly format in 1955). The magazine’s founder,Sun Yat-sen’s wife Soong Ching Ling,was personally involved in every detail of the magazine’s creation,and regarded it as one of her major tasks after the founding of the People’s Republic.     

More Active Involvement

Statistics from China’s central bank,the People’s Bank of China(PBC),reveal China’s strong position as a global leader in green finance.According to the PBC data,by the end of 2020,China was number one globally in terms of green loans and second in terms of green bonds.The PBC data also showed the balance of China’s loans in the green energy sector had surpassed the combined balance of loans in the three high energy-consuming industries of iron and steel,coal,and nonferrous metals,a signifier that green finance in China is booming.     

The Phoenix Reborn

The Chang’e-4 lunar probe’s landing on the far side of Moon was a good start to China’s performance in aerospace in early2019,while the liftoff of the third Long March-5,also known as Long March-5 Y3,saw a remarkable ending.The flawless liftoff overcame the most difficult problem in the country’s carrier rocket history.     

Contributing to the World

The Chinese economy achieved fast and steady growth again in 2010.Particularly impressive, China’s GDP surpassed Japan’s, ranking second in the world, in this year’s second quarter. We can be confident, to say the     

Educating Everyone

正New education models in Qinghai’s Tibetan-inhabited region prove successful Ji Caiben is a Tibetan pupil in the third grade at the Ethnic Boarding Primary School in Gonghe County,Hainan Tibetan Autonomous Prefecture in northwest China’s Qinghai Province.There are 57 students in Ji’s class,with almost half of them being Han and the other half Tibetan.