Friday 23 October 2020 ,
Friday 23 October 2020 ,
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Proactive fiscal policy to lift growth

Proactive fiscal policy to lift growth

China will adopt a more proactive fiscal policy by expanding central government budget deficit and increasing fund transfers to local governments to boost investment and maintain stable economic growth, according to the 2020 Government Work Report. The central government has planned a fiscal budget deficit of about 3.76 trillion yuan ($530 billion)…

China focuses on quality development

China's decision not to set a GDP growth target this year does not mean it has attached less importance to economic growth, but instead shows the authorities are paying greater attention to high-quality development, economists said after Premier Li Keqiang delivered the Government Work Report to the opening of the third session of the 13th National People's Congress on May 22. In the report, Li said China will not set a GDP growth target for this year and will take a number of forceful financial measures to shore up the economy, which has…

China will promote higher-standard opening up

China will advance opening-up to a higher level as it pledges to further stabilize foreign trade and actively leverage the role of foreign capital, said the report delivered by Premier Li Keqiang to the opening of the third session of the 13th National People's Congress on May 22. Here are some of the highlights: ● China will significantly shorten its negative list for foreign investment. ●  It has stressed the joint implementation of the China-US phase-one economic and trade agreement. ●  It will focus on high-quality joint building…

National security legislation rekindles hope and prosperity for Hong Kong

In the span of three days, more than 1.1 million Hong Kong residents signed a petition supporting national security legislation intended to rekindle hope for the region's development.   Hong Kong has been overshadowed by violence and desperation since riots broke out a year ago. Protesters, with the encouragement of some Western politicians, led a series of destructive operations that disrupted the economy and daily lives of local people.  Some residents were deluded that the violent protests were intended for the good of Hong Kong.…
China's COVID-19 vaccine trial shows promising results

China's COVID-19 vaccine trial shows promising results

COVID19 vaccine development and deployment in China, when available, will be made a global public good, as China's contribution to ensuring vaccine accessibility and affordability in developing countries. ——President Xi Jinping made the announcement during a speech at a virtual event opening the 73rd session of the World Health Assembly…

White paper published on "Yunnan at Your Fingertips"

 A white paper on the development mode of "Yunnan at Your Fingertips", a smart tourism project, was jointly published on May 18 by the Institute of Chinese Culture and Tourism Big Data of the Beijing International Studies University, Yunnan Provincial Research Center on Smart Tourism and Tencent Institute on Cultural Tourism.  The white paper focuses on the digitalization of holistic tourism in an era when China is accelerating the development of new infrastructure. According to the paper, the "Yunnan at Your Fingertips"…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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