China confident in overcoming external obstacles to development

Editor’s note:  The United States sparked a trade friction with China, and there are widespread concerns over regional development, employment and the global economy. A commentary published on Tuesday in the People’s Daily, days after data showed that China’s foreign trade continued to grow steadily in the first eight months of the year despite higher […]

FOCAC connects China and Africa

China, Africa gain fruitful results in jointly combating AIDS

A UN official made positive comments on China-Africa cooperation on combating HIV/AIDS during an interview with People’s Daily, after attending a China-Africa meeting on AIDS control in Beijing on Sept. 4. Michel Sidibé, Executive Director of the Joint United Nations Programme on HIV/AIDS (UNAIDS), also expressed his expectations on China-Africa cooperation in health sector. The […]

China, Africa expand, upgrade financial cooperation

China and Africa have witnessed expanded and upgraded financial cooperation over the past three years. It is a result of the great efforts made by China to accelerate African countries’ industrialization and modernization. China has helped Africa addressed its core development challenges such as capital shortage and underdeveloped infrastructure. May to August each year is […]

China’s merchandise trade with Belt and Road countries tops $5 trillion in 5 years

China sees growing ties with Belt and Road countries in trade and economy over the past five years, as by June 2018, merchandise trade between China and countries along the route has exceeded $5 trillion, a senior Chinese official told a press conference on Monday. In the past five years, China’s total investment in economic […]

What are US’ intentions behind its initiating trade war?

There will be no winner in a trade war, as it will hurt export and employment of both sides involved, increase the cost of production and living of enterprises and consumers respectively, hinder regular operation of global value chain, and as a result place severely negative impacts on multilateral trading system. So why did the […]

Voices of opposition to tariff increase plan at US trade office hearing

More business representatives have voiced opposition to the White House’s plan to impose tariffs on $200 billion worth of Chinese goods on Thursday at the ongoing hearing held by the Office of the US Trade Representative (USTR). Apart from US representatives, the meeting was also participated by Chinese deputies from China-funded enterprises in the US, […]