Other commonly used disaggregated growth meas

ures are consistent with the top-line measured GDP growth number. For example, production and supply of electricity, thermal power, gas and water increased by 7.1 percent in the quarter. Pl us, value-added index of transport, storage and post increased by 7.3 percent. A closer look at the highest growth sectors shows that the economy is […]

hina’s energy consumption hits five-year record

Growth in China’s energy consumption remains robust while the forms of energy continued to diversify in 2018, according to an annual report on China’s energy devel opment released Sunday by the China Electric Power Planning and Engineering Institute. Total energy consumed last year reached 4.64 billion metric tons o f standard coal, a year-on-year growth […]

Consensus to lead to common prosperityries pose f

President says gathering sets stage for more Belt and Road progress, cooperation More than $64 billion in deals were signed during the Second Belt a nd Road Forum for International Cooperation, President Xi Jinping told members of the me dia from home and abroad in Beijing after the three-day event concluded on Saturday. In addition, […]

Xi stressed the importance of fulfilling bilateral and

 multilateral trade agreements, saying that Chinese people value a promise as much as tons of gold. China pays close attention to building a law-based government, abolishing improper r ules, subsidies and activities that undermine fair competition and treating all enterprises equally, Xi said. The president highlighted building infrastructure of high quality, sustain ability, risk resilience, […]

Chris Rowley, a visiting professor from Oxford Unive

rsity’s Kellogg College in England, called opening to more foreign investment a very important development. “Of course this will expose both inward investors and indigenous organiza tions to some stark differences in management and doing business between them, which in tu rn requires more globally effective leaders who are less ethnocentric and more culturally aware,” […]

Oh Ei Sun, a senior fellow at the Singapore Institut

e of International Affairs, noted Xi’s emphasis on high-quality development, free t rade and people-to-people bonds, “all of which are sorely needed around the world”. “The shift toward high-quality development is a natural extension of what China has been doing for the past few ye ars. Now that the BRI is five years old, it’s […]

Production and sales of these firms picked up in Mar

with the aggregated industrial value added expanding by 8.5 percent year-on-year, 3.2 percentage points higher than that in the January-February period. Operation revenue jumped by 13.7 percent year-on-year i n March, 10.4 percentage points more than that in the January-February period. Stabilizing prices served as another driver of the rebound, according to an NBS analy […]

Sixteen experiment racks will be installed in the core

 module, and two lab capsules of the space station and an extravehicular experiment platform will be built. Each rack i s regarded as a lab that can support various space experiments, and astronauts can upgrade and replace the facili ties. In addition, a capsule holding a large optical telescope will fly in the same orbit […]

sees stronger ties with Chilectivity with Latin s hig

Interconnectivity with Latin American countries high on bilateral talks agenda China and Chile should connect their development strategies and promote interconne ctivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday. Xi made the remark while meeting with Chilean President Sebastian Pinera in the Great Hall of th e People in […]

The Belt and Road Initiative, which originated in C

 China but belongs to the world, has become an open and inclusive platform for international cooperation and a well-recog nized global public good thanks to the concerted efforts of the parties involved, Xi said. Calling think tanks significant forces for Belt and Road constructi on, the president said developing think tank exchanges and cooperation helps […]