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The rise of consumption in third- and fourth-tier cities will further drive China's consumption market and help foster stronger domestic demand, thus promoting the country to establish a "dual circulation" development pattern in which domestic economic cycle plays a leading role while international
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China’s development is still enjoying major strategic opportunities. As long as the country maintains strategic composure, focuses on its own affairs, recognizes and grasps the law of development, creates opportunities in crises, and starts anew in changes, it will be able to make new and greater mi
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As of the end of 2019, China had established the world's largest basic medical insurance network. More than 1.35 billion people had been covered by the network, accounting for over 95 percent of the entire Chinese population.
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The Chinese people love and cherish peace. They take safeguarding world peace and opposing hegemony and power politics as their sacred responsibility. They firmly oppose resorting to threat of military force for solving international disputes, and interfering in other countries’ domestic affairs und
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In the first seven months of this year, the total volume of foreign trade between the 27 EU member states and China reached 328.7 billion euros (about $389.48 billion), an increase of about 2.6 percent year on year, suggested data released by Eurostat, the statistical office of the EU. The result ma
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Being put into service for 300 days, China’s Five-hundred-meter Aperture Spherical Telescope, also known as FAST, has showcased remarkable performance. It has observed and served more than 5,200 hours, discovering more than 240 pulsars. In addition, more than 40 high-level papers have been published
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This year, BI opened a branch of its digital lab BI X and its External Innovation Hub China in Shanghai to fully incorporate China into its global early clinical development programs and accelerate the entry of new drugs into China.
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Last year, China launched three training sessions of bamboo processing skills for Ecuadorans, one in China, and two in Ecuador. The training was organized by the International Centre for Bamboo and Rattan (ICBR), a scientific research, management and training institution established by the Chinese g
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The opening-up measures the country announced at the previous CIIEs have been implemented to the full. At the third CIIE, China put forward more measures such as nurturing new pacesetters of opening up, pursuing creative ways to grow foreign trade, keeping improving its business environment, and pur
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While China is rapidly improving the coverage of base stations, 5G terminals are also emerging massively with plunging prices. So far, 207 models of 5G terminals have been granted network access certificates, which means they are ready to hit the market, including over 180 mobile phones manufactured
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In recent years, China’s sci-fi industry has been enjoying robust development, with rapid growth of social institutions and industrial mechanisms, Huai said. He believes the sci-fi industry has become an indispensable force driving technological innovation and social progress, and bears important si
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In 2019, new products manufactured by China’s medium and large industrial enterprises generated 16.6 trillion yuan in sales revenue. These products accounted for 24.9 percent of their income from major businesses, up 1.4 percentage points over the previous year, hitting a new high since 2005.