China’s 5G construction is an open and level playing field for global companies, and trade protectionism will only harm the industry’s development, Minister of Industry and Information Technology Miao Wei said at the World 5G Convention on Thursday, November 21. According to Miao, there are 113,000 5G base stations operating in China, and about 870,000 […]
Read MoreBy Li Qiaoyi, Song Lin and Ma Jingjing There is a huge difference between the current US-China trade tussle and the Cold War confrontations, former US secretary of state Henry Kissinger said at a session at the New Economy Forum held in Beijing, where he expressed hopes for success in the China-US ongoing trade negotiations. […]
Read MoreBy Ren Huanyu, People’s Daily Chinese President Xi Jinping and his Nepali counterpart Bidya Devi Bhandari jointly announced to establish a strategic partnership of cooperation between the two nations featuring everlasting friendship for development and prosperity in the spirit of solidarity and win-win cooperation. The announcement was made when Xi made a two-day […]
Read MoreBy Zhang Hui New World Development, one of the Hong Kong’s big four property conglomerates, announced it will donate 3 million square feet (270,000 sq m) of farmland – nearly one-fifth of its farmland holdings – to build new homes amid Hong Kong’s housing crisis which has been partially blamed for the violent protests […]
Read MoreEditor’s Note: 70 years ago, when China was still in the ruins of war and buildings were waiting to be constructed, people did not expect that it would turn into an infrastructure giant so soon that is now even helping others to build bridges, ports and rails overseas. The country did not stop at that […]
Read MoreThe Belt and Road Initiative (BRI) proposed by China has enjoyed energetic development and made remarkable achievements since it was proposed 5 years ago, winning wide reputation from the international society and expanding the “circle of friends”. More and more developed countries from the western world have expressed their interests in this initiative, including Italy. […]
Read MoreBy Ding Yixin from People’s Daily Online China’s online retail sales exceeded 9 trillion yuan in 2018, topping the world for the 6th year in a row, spokesperson Gao Feng said during a regular conference of the Ministry of Commerce (MOC) on March 21. The country’s online retail sales maintained a high-speed growth over the […]
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