China’s exports rebounded and grew at a double-digit pace in May, shattering expectations and adding to signs that China’s economy is recovering from COVID-19 outbreaks as factories restarted and logistics snags eased in Shanghai, customs data showed on Thursday. The country’s exports rose 16.9 percent in May year on year in dollar terms, accelerating from April’s 3.9-percent increase, according to …
ISLAMABAD: Minister for Board of Investment and Special Initiatives Chaudhry Salik Hussain on Thursday informed Senate the government has revived work on the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) with full speed. Responding to queries during questions hour in the Senate, Hussain said a long term plan is being considered into an implementation matrix on CPEC, adding that joint working groups are …
The BeiDou Navigation Satellite System (BDS), a global navigation system independently developed and operated by China, has achieved in-depth application and extensive growth in various fields.
Chinese President Xi Jinping profoundly expounded on security and development issues, and offered important opinions on deepening political and security cooperation among BRICS countries, enhancing confidence in and strength for building a community with a shared future for mankind. He expressed these views while delivering a video address at the opening session of the BRICS Foreign Ministers’ Meeting. “As a positive, …
China’s top legislature adopts development plan, closes annual session Chinese lawmakers on Friday approved a decision on the quota and election of deputies to the 14th National People’s Congress (NPC) and two methods for Hong Kong and Macao special administrative regions to elect deputies to the 14th NPC, at the closing meeting of China’s annual legislative session. The fifth session …
Leaders of China, Pakistan will meet next month in Beijing face to face to set course of future development
The World Economic Forum’s (WEF) Global Risks Report warned that economic stagnation is the most serious challenge persisting from the COVID-19 pandemic. However, China is injecting confidence into the world economy with official data released on Monday showing its economy posted stable growth in 2021. How did the world’s second-largest economy realize growth despite challenges including sporadic epidemic resurgences and …
GDP growth fastest in 10 past years
Beijing, China (Xinhua) – Eliminating poverty, improving people’s livelihoods, and realizing common prosperity are the essential requirements of socialism. Since the 18th Communist Party of China (CPC) National Congress, the CPC Central Committee, with Comrade Xi Jinping at the core, has placed poverty alleviation in a prominent position, put forward new thoughts and ideas, and made new decisions and arrangements …
BEIJING, China- (Xinhua) – China’s State Council on Wednesday convened a plenary meeting to discuss a draft government work report and the draft 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035. The two documents will be deliberated at the top legislature’s annual session in March. The meeting, presided over by …