Glimpses into the Chinese path to modernization

(SHI YU / CHINA DAILY) In 1933, a Shanghai-based monthly journal published a special issue on "China's modernization" in which some scholars discussed the path to China's modernization. While a few advocated "total Westernization", others argued that China embrace Soviet socialism on the road to realizing modernization. The scholars couldn't reach a consensus, though, as […]

Sino-German cooperation pragmatic

The first overseas plant of Chinese power battery giant Contemporary Amperex Technology in Thuringia, Germany, which started the mass production of lithium-ion battery cells as scheduled recently, serves as a good example of the pragmatic cooperation between China and Germany. The 14 gigawatt-hour plant, with an investment of 1.8 billion euros ($1.96 billion), is currently […]

China is a bright spot for global economy

Chinese growth amid optimized COVID response will help the world As 2023 begins, the world remains highly uncertain and fragile, with Kristalina Georgieva, managing director of the International Monetary Fund, saying she expects one-third of the world to be in recession this year. Energy and food inflationary repercussions because of the Russia-Ukraine conflict remain rampant. […]

Mainland’s easing of COVID-19 restrictions comes at right time

On Jan 8, 2023, the Hong Kong Special Administrative Region government and the Chinese mainland government officially resumed quarantine-free customs clearance.  Most ports, which had been suspended for nearly three years, have finally returned to normal operations. “Welcome Home” signs can be seen everywhere in the airport, and the many scenes of people welcoming relatives […]

US should prove visit worth the welcome

Although the world had raised expectations that the world's two largest economies would bury their hatchet at an early date after the Joe Biden administration took office, half way into its term, the America-is-back administration's say-one-thing-do-the-other style has repeatedly dashed hopes of an upturn in relations. Although Wang Wenbin, spokesperson for the Foreign Ministry, extended […]

Fosun Receives RMB12 Billion Syndicated Loan to Consolidate Capital for Business Development

HONG KONG, Jan 17, 2023 – (ACN Newswire via SEAPRWire.com) – On 16 January 2023, Fosun High Technology, the domestic operating entity of Fosun International Limited (“Fosun International”, HKEX: 00656), and eight domestic banks held a syndicated loan signing ceremony at the Bund Finance Center, Shanghai. According to the agreement, Industrial and Commercial Bank of […]

Regaining their lost trade momentum in interests of both Australia and China

The latest remarks from Australian Prime Minister Anthony Albanese on boosting relations with China are a welcome signal that Canberra is willing to join hands with Beijing to continuously inject positive energy into bilateral ties so that Sino-Australian cooperation can regain steam and bring greater benefits to both sides. In an interview with the Australian […]

Africa seizes BRI potential

Chinese initiative’s implementation helps to advance connectivity across the continent (WANG XIAOYING / CHINA DAILY) The rise of China-Africa relations constitutes a prominent political and economic trend on the African continent since the end of the Cold War. This is built on the historical friendship between China and Africa that dates back to the 1950s […]

Partnership that keeps growing

China, South Africa continue to expand their friendship after 25 years of diplomatic ties The long-standing fraternal relations and solidarity between the Communist Party of China and the African National Congress and other South African liberation movements culminated in 1997 with the signing in Pretoria of the Agreement on the Establishment of Diplomatic Relations between […]

Unleashed travel will boost trade

Inbound travelers go through the immigration check upon arrival at Beijing Capital International Airport, Beijing, Jan 8, 2023. (PHOTO / XINHUA) China's lifting of quarantine requirements for arrivals should be welcomed by its neighbors and trading partners. Travel and international trade certainly do not guarantee global peace and increasing prosperity, but they are both almost […]

Continued diplomatic tradition shows China-Africa bond of brotherhood

The ongoing visit of Foreign Minister Qin Gang to Ethiopia, Gabon, Angola, Benin, Egypt, the African Union headquarters and the League of Arab States headquarters from Monday to Jan 16 represents the 33rd consecutive year that Africa has been the destination for the Chinese foreign ministers' first overseas trip of the year. This diplomatic tradition […]