BEIJING: How can such a burgeoning industry accelerate its transition to green logistics services? A whole-process tracking of the warehousing, packaging, delivery and recycling of an express packaging box by People’s Daily may offer a glimpse into the efforts. At 11:15 a.m. on Nov. 5, a woman surnamed Wang who lives in Dongxihu District, Wuhan, capital of central China’s Hubei …
BEIJING: It was a land of mystique and wonder in times of old. Nestled in the western frontier of China, it unfolds with a grandeur that left anyone who visits it spellbound — snow-clad mountains, lush forests, vast deserts, and emerald oases, each a vivid stroke in a masterful painting. Bortala Mongolian Autonomous Prefecture is situated in northwest China’s Xinjiang …
BEIJING: China will roll out a one-year visa-free policy to citizens from six countries – France, Germany, Italy, the Netherlands, Spain and Malaysia – starting on December 1, 2023, Chinese Foreign Ministry spokesperson Mao Ning said on Friday. As part of fresh efforts to bring about cross-border people-to-people exchanges to serve the country’s high-quality development and opening-up, residents from the …
BEIJING: China on Friday published a document titled “Vision and Actions for High-Quality Belt and Road Cooperation: Brighter Prospects for the Next Decade.” Formulated by the Office of the Leading Group for Promoting the Belt and Road Initiative, the document outlines paths and measures China will take to advance Belt and Road cooperation for the next decade. China will work with …
NEW DELHI: Chinese Premier Li Qiang said Wednesday that China is determined to make greater contributions to global economic recovery and prosperity by sharing its own development opportunities with the world. Li made the remarks in his speech at the Virtual G20 Leaders’ Summit, which was chaired by Indian Prime Minister Narendra Modi. The summit aimed to discuss the implementation of the leaders’ …
BEIJING: Chinese financial regulators on Wednesday moved swiftly to implement tasks set by the top-level, tone-setting central financial work conference, including announcing new regulations for commercial banks and vowing to take measures to defuse risks and ensure sound and stable development. The two-day conference, which concluded on Tuesday, offered a clear path for the financial industry to tackle risks, including the …
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has termed the China-Pakistan Economic Corridor as ‘once in a century-time opportunity’ and said that Pakistan is focusing on the project’s second phase to attain rapid economic and industrial growth. In an interview with China’s Phoenix TV aired on Tuesday, the prime minister said the CPEC initiated under China’s Belt and Road Initiative had …
ISLAMABAD: Ambassador of China to Pakistan Jiang Zaidong called on Caretaker Federal Minister for Energy Muhammad Ali here on Tuesday.The Minister appreciated the continuous engagement of China in the energy sector with Pakistan, said a press release. He extended his congratulations for the successful 3rd Belt and Road Forum for International Cooperation that was held earlier this month in China.The …
BEIJING: The Chinese renminbi (RMB) is making steady progress in becoming a more widely used currency in the global economy, according to a report released by People’s Bank of China (PBOC). One of the most notable trends highlighted in the 2023 report on Chinese RMB internationalization is the increased use of the currency in trade and investment. In 2022, banks …
China’s government agencies released macro-economic figures on Friday, indicating that the economy is still on the right track of recovery. Analysts said a raft of targeted macro-policies and the issuance of an additional 1 trillion yuan ($137 billion) in special treasury bonds will inject new impetus into the economy and contribute to the achievement of its preset annual GDP growth …