" Ajay Banga, president of the World Bank Group, believed that the challenges facing China's economy are not unique but occurring on a global scale, noting that the path of development is never smooth.
In November, the 31st APEC Economic Leaders' Meeting and the 19th G20 Summit were held consecutively in Peru and Brazil. South Africa is poised to assume the G20 presidency in 2025, marking an unprecedented four consecutive terms of G20 presidency by Global South countries. Meanwhile, China is...
The figure underscored that strong sustainable growth in China is also good for the world economy at large, the IMF official added. "As the global manufacturing hub and the stabilizer of global value chains, China's economic growth is essential to help boost the global economy," Kin Phea, di...
The policy stance is aligned with signals from a tone-setting meeting on Monday of the Political Bureau of the CPC Central Committee.Among a series of positive signals regarding China's economy conveyed at the two key meetings, the most notable is that the meetings urged the implementation of ...
RMB-denominated gold prices have firmed at a high level in 2024, following a hike of 17 percent in 2023. Latest data from the China Foreign Exchange Trade System showed that the price of gold that is 99.99 percent or more pure stood at 479.11 yuan (about $67.4) per gram on Tuesday. ...
The meeting also signaled a rare increase in its deficit-to-GDP ratios, through fiscal expenditures and issuance of ultra-long special treasury bonds and local government special-purpose bonds. The policy stance is aligned with signals from a tone-setting meeting on Monday of the Political Bureau...
the first time in history. Now, it is trying to build its own "Universal Studios". At the Hainan Expo, CGTN's Melody Zhang visited the Feng Xiaogang's Film Town, which includes film studios and a theme park for visitors, and shared her thoughts on the future of China's film industry...
RMB-denominated gold prices have firmed at a high level in 2024, following a hike of 17 percent in 2023. Latest data from the China Foreign Exchange Trade System showed that the price of gold that is 99.99 percent or more pure stood at 479.11 yuan (about $67.4) per gram on Tuesday. ...
The policy stance is aligned with signals from a tone-setting meeting on Monday of the Political Bureau of the CPC Central Committee. Among a series of positive signals regarding China's economy conveyed at the two key meetings, the most notable is that the meetings urged the implementation of...
A report released by the China Academy of Science and Technology Development Strategy shows that China's national innovation index had risen to 10th in the world in 2023, up three places from the year before. It is the only developing country to enter the top 15. ...