Services are growing rapidly. The value-added of th

Services are growing rapidly. The value-added of th

 tertiary sector, which is mainly services, grew from 56.7 to 57.3 percent of GDP from the same period last year. The Index of Services Production increased 7.4 percent year-on-year, higher than the growth rate of overall GDP. Overall retail sales of consumer goods also grew at 8.3 percent. Sales of…
Chinese firms ideal partners on Belt and Road Initiative

Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t he Belt and Road Initiative, a China-Britain Business Council official said in Beijing. "The UK has taken a very positive view on seizing these opportunit ies for UK businesses, particularly our banks, our large consultancy firms…
hina’s energy consumption hits five-year record

hina’s energy consumption hits five-year record

Growth in China's energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China's energy devel opment released Sunday by the China Electric Power Planning and Engineering Institute. Total energy consumed last year reached 4.64 billion metric tons o f…
Hospital in Boao has business license revoked over ille

Hospital in Boao has business license revoked over ille

Hainan provincial health authorities have revoked Boao Yinfeng Healthcare International H ospital's business license, for illegally administering HPV 9-valent vaccines, according to a statement Sunday. Located in the Boao Lecheng International Medical Tourism Pilot Zone, the hospit al has since January last year vaccinated 37 customers with HPV 9-valent, charging…
hinese prize for quantum research announced

hinese prize for quantum research announced

A total of 12 million yuan ($1.78 million) of cash will be granted to 12 international scientists for their groundbreaking academic contributions to the fields of quantum computation and quantum com munications, according to a press release by the newly founded Micius Quantum Foundation on Friday. With a combined donation…
Chris Rowley, a visiting professor from Oxford Unive

Chris Rowley, a visiting professor from Oxford Unive

rsity's Kellogg College in England, called opening to more foreign investment a very important development. "Of course this will expose both inward investors and indigenous organiza tions to some stark differences in management and doing business between them, which in tu rn requires more globally effective leaders who are less…
ent Xi Jinping speaks at the opening ceremony of the

ent Xi Jinping speaks at the opening ceremony of the

hina will increase imports of goods and services on a larger scale. China will further lower its tariff rates. China not to adopt beggar-thy-neighbor currency devaluation China will continue to improve the exchange rate formation mechanism of its curren cy, the renminbi, and keep the exchange rate generally stable on…
Leveraging private funds prioritized in BRI projects

Leveraging private funds prioritized in BRI projects

China's financial minister and central bank governor vowed to strengthe n debt management and leverage more private funds for infrastructure construction un der the Belt and Road Initiative, suggesting a new framework to assess debt risks for partner countries on Thursday. The Ministry of Finance published a debt-sustainability analysis framework…
Only a united global community can uproot both th

Only a united global community can uproot both th

terrorist cells and the soil that breeds them. Countries with different political and so cial systems should overcome any biases and abandon any double standard so as to form a united front against global terrorism. The atrocities in New Zealand and Sri Lanka show even countries th at seem to…