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China's FDI bucks trend in 2020
In 2020, paid-in FDI reached a record 999.98 billion yuan ($154.32 billion), up 6.2% year-on-year. Over 100 foreign companies were established in China on average each day.
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Xiong’an New Area in China provides model for high-quality development
At present, construction of key districts and projects are in full swing in the new area, which has witnessed changes with each passing day as builders devote themselves to the construction of infrastructure including transport, water conservancy, and public service facilities, a close-to-nature for
English News
China revitalizes world's confidence to recover economy
The Organization for Economic Cooperation and Development forecasted that China will contribute to over 1/3 of global growth this year. Japanese news outlet Nikkei reported that thanks to China's rapid economic recovery and thriving market demand, Japan's manufacturers have constantly lifted their e
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Overseas warehouses help Chinese goods reach more foreign customers faster
By building overseas warehouses and then shipping goods in bulk to these warehouses to sort, package, and deliver them to customers according to local markets, Chinese companies can effectively improve logistics efficiency and reduce operational cost, Zhang added.
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China’s Hainan to build international tourism, consumption center
By 2025, the province will expand its high-end tourism market to further unleash tourists’ consumption potential, becoming a world-renowned paradise for tourists and shoppers, according to the meeting.
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China plans to expand free trade network, accelerate FTA talks
Relevant government departments have issued duty lists in keeping to the RCEP lines so that all the opening moves and rule-based obligations could be fully acted upon, Gao said, noting that training related to the trade deal will be organized to help local governments, companies and intermediary org
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Chinese vaccines show preliminary effect on most coronavirus variants: experts
Chinese vaccines show preliminary effect against most variants like the ones from the UK and South Africa, whereas a similar conclusion for the Brazil variant still requires further tests, experts said.
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China's CoronaVac vaccine recognized by multiple countries
The CoronaVac vaccine started Phase I and II clinical trials in last April. After bring proved to be safe and effective, it was put into Phase III clinical trials in Brazil, Turkey, Indonesia and Chile. According to Turkey's interim data, the Chinese vaccine is 91.25 percent effective. It was also p
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China’s GDP exceeds 100 trillion yuan for first time
What's behind the 100 trillion yuan mark is also the country's endeavor to advance green development. In 2020, China witnessed decreased energy consumption per unit of GDP, and clean energy accounted one more percent in total energy consumption from a year ago. The PM2.5 concentration dropped 8.3 pe
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Zhenjiang in east China builds "smart brain" for vegetable planting
The high-efficient agricultural philosophy is not limited to planting, but extending to every link of crop production. In recent years, Zhenjiang Economic & Technical Development Zone has vigorously developed modern agricultural facilities and nurtured a batch of emerging entities. Smart greenho
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China releases regulations on management of Chang'e-5 lunar samples
Based on the principle of equality and mutual benefit, peaceful utilization and win-win cooperation, the CNSA has actively carried out international cooperation in lunar exploration, Mars exploration, satellite projects and launch services to promote the common progress and long-term sustainable dev
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China, EU enjoy bright prospects in economic, trade cooperation
Chinese and European leaders on Dec. 30 last year jointly announced that the two sides had completed investment agreement negotiations. The "balanced, high-standard and mutually beneficial" investment agreement demonstrated China's resolution and confidence to promote high-level opening-up, and will