, and supported by diverse interest groups will prevent conflicts among stakeholders in the South China Sea,” Santarita said. China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign compet ition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap. Many of these reforms are exactly what the United States is asking for in the trade negotiation s, but China is actually pursuing these reforms primarily to achieve its own long-term internal economic goals. He said Asia’s emphasis on “respect for authority, respect for theRead More →

income population, Xi said that China would open up its market continuously and welcome quality products from around the world. China does not pursue a trade surplus intentionally, and it would like to import more com petitive farm products, finished products and services to promote the balance of trade, Xi said. China will promote greater openness in modern services, manufacturin g and agriculture, allow foreign capital to hold the controlling share in more areas and buil d some new free trade pilot zones to further ease market access for foreign capital, he said. China will speed up making relevant rules and regulat ions and ensureRead More →

President Xi Jinping underlined on Monday the need to shore up areas of weakness and carry out more targeted pove rty alleviation efforts in building the country into a moderately prosperous society in all respects. Xi, also general secretary of the Communist Party of China Central Committee and chair man of the Central Military Commission, made the remark while presiding over the fourth meeting of t he Central Committee for Financial and Economic Affairs. Xi is head of the committee. The meeting stressed the importance of achieving targets for poverty alleviation across the boar d and focusing efforts on areas of extreme poverty, according toRead More →

than 150 countries, including 37 heads of state or government, for the thre e-day event starting on Thursday, Wang said, adding the forum, themed “Belt and Road Coop eration: Shaping a Brighter Shared Future”, aims to bring about high-quality cooperation under the initiative. President Xi Jinping will deliver a keynote speech at the op ening ceremony of the forum, and chair the leaders’ round-table summit, Wang said. Saying the BRI has delivered real benefits to participating countries, Wang stated the hats like “debt traps” cannot be put onto t he head of the Belt and Road, and this is not something any participating country wouldRead More →

 Lagos–Kano standard gauge project, the first standard gauge railway in Nigeria and West A frica, was officially inaugurated and started commercial operation on July 26, 2016. The railway, constructed by China Civil Engineering Construction Corporation, is the first overseas railway fully adopting the Chinese r ailway standard. Spanning 186.5 kilometers, it alleviates traffic tension, improves the investment envir onment and promotes the coordinated development of regional economy and society. By Jan 11, the train service had delivered 1.23 million passengers and had safely operated for 900 days without any major accident recorded since its inception. The China-funded Colombo Port City, the largest project between CRead More →

whose annual net income was less than 200 yuan ($30) were defined as living below the p overty line in China in 1985. The line was raised to less than 2,300 yuan by 2011. Second, how are policies designed to help the poorest people? Chinese policies aim to give the poor a roof over their heads, guarantee food, clothing and basic medical services, and provide their children with nine years of compulsory education. Funds and resources have been made available for agricultural subsidies and cheap loans to rural far mers. Funds also went into rural revitalization, to integrate regional development and build infrast ructure connectingRead More →

 and media need to focus on long term development of Chinese soccer instead of what happens at the tournament. “It’s like building a house-the first job is to build a solid foundation,” he said “Based on that, we can have success. Compared to Japan and South Korea, their plans started decades ago. “They are 20 to 25 years ahead of China in terms of their soccer development.” Another factor was that Cannavaro did not recall China’s best striker, Wu Lei, who is now playing for Espanyol in La Liga. Other experienced veterans, such as captain Zheng Zhi, were passed over in order to make wayRead More →

ROME, March 22 — Visiting President Xi Jinping met with Italian Senate Speaker Maria Elisabetta Alberti Casellati here Friday on expanding exchanges and cooperation between the two countries’ legislative institutions. China and Italy have enjoyed a traditional friendship, with the ancient Silk Road closely linking the two peoples, Xi said. Since they established diplomatic relations nearly 50 years ago, the China-Italy ties have seen healthy and stable devel opment, and the two countries have become important partners who trust each other and work together, Xi said. The visit is meant to consolidate the stability and strategic nature of the China-Ita ly relations in the longRead More →

  Ocean, was described by the International Federation of Red Cross and Red Cre scent Societies (IFRC) as “terrible” following an aerial assessment conducted by the agency Monday.   IFRC spokesman Jamie LeSueur said that up to 90% of the ar ea had been destroyed. “The scale of devastation is enormous,” said LeSueur.   On Sunday, a dam burst cutting off the last road to the city, which aid workers are now struggling to reach.   A former Portuguese colony, Mozambiq ue gained independence in 1975 and suffered a 16-year civil war that ended in 1992. Today, despite recent eco nomic growth, about half the population remains below theRead More →

first mission in about five years if all goes well. Like other Kuaizhou types, they will be mainly tas ked with meeting demands in commercial launch service from the burgeoning satellite industry in China. Meanwhile, designers also hope the Kuaizhou 21 will have the opportu nity to serve government space programs such as the space station program, he added. Zhang Di, a vice-president at the academy, previously told China Daily that the Kuaizhou 21 will b e powerful enough to transport supplies to the country’s future space station or to ferry robotic probes to planets far from Earth. CASIC began to develop the Kuaizhou seriesRead More →