English News

China to raise 2017 defense budget by around 7%

China's defense spending will remain around 1.3 percent of its GDP, spokesperson Fu Ying said at a press conference a...

Chinese ‘Taobao villages’ create more than 840,000 job opportunities

Online retail sales of China's farm produce are estimated at 220 billion yuan ($32 billion) in 2016, up over 46 percent...

Chinese smartphone company climbs technology ladder with self-developed chip

Pengpai S1, the fingernail-sized chip, cost Xiaomi over 1 billion yuan ($145 million) in research and development....

China accelerates reform to boost senior service industry

At the end of last year, the Chinese State Council released a guideline on widening the access of the senior service...

China's poverty eradication among the greatest human rights achievements: expert

Discriminatory words concerning China’s human rights record are heard in almost every human rights session of the UN....

China’s bike-sharing industry braces for explosive growth

PwC’s projections show that five key sharing sectors—travel, car sharing, finance, staffing, and music and video...

China ramps up overseas hunt of fugitive officials

By the end of 2016, 2,566 fugitives had been extradited or repatriated from over 90 countries and regions, with assets...

China to press ahead with supply-side structural reform

The supply-side structural reform was launched to tackle the bottlenecks constraining China’s mid- to long-term...

China declares determination to eliminate‘zombie companies’

According to data released by the Supreme People's Court (SPC) in February, Chinese courts accepted 5,665 bankruptcy...

“The Belt and Road” to dominate agendas of China’s “two sessions”

The investment amount of projects across the Belt and Road region has been growing at a compound annual growth rate...

China's service sector weighs more in economy

The increased weight of service sector can be attributed to supportive policies, the development of overall economy as...

China tightens online lending supervision to prevent capital embezzlement

The new guideline on online lenders' fund custody is a latest attempt of China Banking Regulatory Commission (CBRC) to...

China advocates ‘BRICS+’ model of open cooperation

In future, the five BRICS countries are expected to continue to tap potential for cooperation, identify more converging...

Feature: Xi’s years of battle against poverty

During his tenure as deputy secretary of the CPC Fujian Provincial Committee, Xi, in response to the call of the...

China to maintain move toward market-oriented, law-based and open capital market: securities regulator

According to the officials, the commission has been exploring ways to introduce foreign capital and expand foreign...
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