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Hosting the CIIE is a major initiative for China to further open its market to the world. It will not only benefit China’s economic development, but bring more development opportunities to countries around the world. Exhibitors from all over the world will directly connect with Chinese consumers and
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The US ran a $466 billion current-account deficit in 2017, meaning the nation imported far more than it exported. The US has become an increasingly large driver of global deficits, accounting for 43% of all global deficits last year, up from 39% in 2016, according to the IMF’s annual assessment of t
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When the world needs to make a choice between cooperation and confrontation, opening-up and a close-door policy, and mutual benefit and a beggar-thy-neighbor approach, China stood out once again to advocate win-win cooperation and open development and resolutely reject unilateralism and protectionis
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IMF welcomed China’s strong commitment to free trade and multilateralism. They saw the recently announced package of opening-up policies as being in the right direction and urged the authorities to accelerate reforms in this area. They underscored that trade tensions should be resolved in ways that
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"This looks like a temporary move for Trump to shut down rising domestic criticism of his unilateral actions," Mei told the Global Times, pointing to a lack of details in key areas such as automobile tariffs.
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"The basic driving force for BRICS cooperation to flourish and shine forever comes from our common pursuit of greater development and improvement of people's well-being, and from our common aspiration to build an open, inclusive, clean and beautiful world that enjoys lasting peace, universal securit
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BRICS' five member states - Brazil, Russia, India, China and South Africa - share a firm determination to promote multilateralism, and the bloc's cooperation with the African countries is a strong counter to the trend toward unilateralism, she noted.
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As the influence of the BRICS bloc expands, other countries like Egypt will be motivated to advance cooperation with the BRICS members. The BRICS Plus model can create a mutually beneficial mechanism for all parties.
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The economic corridor will not be built in one day. China and Pakistan should ignore those comments and there is no need to get upset. We should continue carrying out our work, implement the plan in accordance with reality, make sure our work fits both countries' interest and plays a constructive ro
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China should coordinate further with other BRICS countries and address common positions on development issues, such as African security, trade promotion, enhanced connectivity and poverty reduction.
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"Those who work alone, add; those who work together, multiply." The “BRICS Plus” model will fully release the potential of BRICS cooperation and expand the influence of the mechanism. It is expected to inject more positive energy in driving economic growth, improving global governance and democratiz
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The increasingly closer financial cooperation between South Africa and China will release huge potential, the chairman told the People’s Daily, pointing out that the BRICS Leaders Xiamen Declaration released last September suggested the members to strengthen economic and trade cooperation, which wil