Refueling China's Economy

正As services and consumption become new growth engines,the supply side is to be revampedAfter falling below 7 percent in the third quarter of 2015,economic growth in the world's largest developing country stumbled once more to 6.8 percent in the fourth quarter,dragging annual expansion in 2015     

Disseminating China's Voices

正As China's cultural influence flourishes,Chinese books are becoming increasingly popular among foreign readers and appear at various international book fairs.English versions of a variety of Chinese books can be bought in bookstores worldwide and even through online stores like Amazon.com.Beijing     

China's Inclusive Growth

<正>Nowadays,numerous orange bicycles can be seen on the streets and lanes of many Chinese cities.These are intelligent sharing bicycles made available by Mobike.The lock snaps open after a user scans the QR code affixed to the bike with a smartphone app.When the user has pedaled to their destination and locked the bicycle,payment is deducted automatically by the app.Of course,before scanning a QR code,users first     

Understanding China's Forex Reserves

正Statistics issued by China’s central bank in early February revealed that China’s foreign exchange(forex)reserves stood at$2.9982 trillion at the end of January,a drop of$12.3 billion compared to the previous month.Upon receiving the data,some analysts expressed concern,claiming that China’s forex reserves had breached the psychological threshold of$3 trillion.     

Qingdao's Report Card

<正>One can find that the word"Qingdao"is mentioned more than 10 times throughout the government work report delivered at the sixth session of the 12th People’s Congress of Shandong Province.The city has made remarkable progress in fi nancial reform,infrastructure construction,research and innovation,and branding over     

China's Investment Environment Keeps Improving

<正>According to fi gures from the Department of Foreign Investment Administration of the Ministry of Commerce,in the fi rst fi ve months this year,12,519 foreign-invested enterprises were established on the Chinese mainland,up 11.9 percent over a year ago;and the paid-in capital totaled 341.08 billion     

Understanding China's Governance Is Vital

<正>The 19th National Congress of t he Communist Party of China(CPC)has drawn much attention around the world.Robert Lawrence Kuhn,Chairman of the Kuhn Foundation and a renowned China expert,provided his insights into China’s development and the CPC’s governance theory and     

China's Approach to Global Governance

正EDITOR’S NOTE:Robert Lawrence Kuhn,a U.S.public intellectual and renowned China expert,delivered a speech at the BRICS Semi-nar on Governance in Quanzhou of southeast China’s Fujian Province on August 17.Edited excerpts of his speech are as follow:     

Making Sense of China's Maritime Border

正China's recent activities on its ocean frontier have given rise to a fear that it's seeking to expand its power at the expense of others now that it has a more powerful navy.The essence of this idea is that China's activities are expansionist and more aggressive compared with 20 or 30 years ago because it has a new urge for more territory or because it wants to throw its newfound weight around in maritime areas to rewrite regional order.     

Resilience and Risks of China's Economy

<正>A year ago,economic forecasters at home and abroad bet on sharp depreciation of the renminbi,or the yuan,in 2017 due to a flagging economy and U.S.rate hikes.But the Chinese currency roaring back in the past months has proven them wrong.The yuan’s midpoint saw a substantial increase to 6.6770 against the greenback on August 11,the strongest in more than 10months,following a steady strengthening streak since the beginning of 2017.Onshore and offshore rates were also much fi rmer.     

China's Resolve for SOE Reform Undiminished

<正>With specific goals and a clear timetable,China is determined to improve the efficiency of its state-owned enterprises(SOEs).By the end of this year,China will basically have completely restructured SOEs,     

China's Economy Will Not Suffer Stagflation

Though total demand has not yet recov-ered substantially and the monetary policy maintains neutral, we should not conclude that the Chinese economy is in stagflation.     

China's Rising Role in the World

Socialism with Chinese characteristics has entered a new era is a historic redefi nition of China's current situation by the recently concluded 19th National Congress of the Communist Party of China. This new era means more than China's great leap from standing up to becoming rich and strong;it implies that China has already taken world center stage, contributing Chinese wisdom and Chinese approaches to the world's development based on its success in socialism with Chinese characteristics in terms of theory, system, culture, etc.     

E-Commerce Drives Surge in China's Imports

<正>Cross-border e-commerce is a new global phenomenon.China is taking a lead in this area,as indicated by its trillion-yuan imports in crossborder e-commerce.A report issued by China E-Commerce Research Center on August 1 says that China’s cross-border e-commerce imports reached 1.2trilion yuan($180 billion)in 2016,up by 33.3percent year on year,while the total volume of imports increased by only 0.6 percent.The     

China's Ecological Progress and Global Sustainable Development

<正>Ecological problems are a common challenge to all nations in a fast changing world.China has realized the importance of the issue as rapid economic growth and industrial development are accompanied by growing environmental concerns.Zhang Huiyuan,director of the Ecological Progress Research