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 …

ZHANGJIAKOU, China- (Xinhua) – President Xi Jinping has called on China to take advantage of technological innovations to develop winter sports in the country. Xi, also general secretary of the Communist Party of China Central Committee, made the remarks on Tuesday during an inspection tour in Zhangjiakou, co-host city of Beijing 2022, to view preparation work for the Olympic and …

  BEIJING, China (CGTN) – China and the Democratic Republic of the Congo (DRC) signed a Memorandum of Understanding (MoU) for cooperation on the Belt and Road Initiative (BRI) on Wednesday. Chinese State Councilor and Foreign Minister Wang Yi and his DRC counterpart, Marie Tumba Nzeza, signed the MoU after earlier talks in Kinshasa. The Chinese diplomat is on a …

China,  Pakistan resolute in pushing forward CPEC construction, says Zhao Lijian BEIJING, Dec 28 – China Monday shrugged away media claims suggesting that Beijing wanted additional guarantees from Pakistan government for releasing additional funds for Main Line-I (ML-I) Railway rehabilitation project. Chinese Foreign Ministry’s Spokesperson Zhao Lijian told a media briefing that certain media reports as ‘simply baseless’. China and …

CPEC Media Forum to counter propaganda with facts, CPEC open to 3rd countries   ISLAMABAD – Chinese Ambassador Nong Rong Monday said that China and Pakistan would take bilateral cooperation under China, Pakistan Economic Corridor (CPEC) to next level. “We appreciate the efforts of Pakistan’s government to build ‘Naya Pakistan’, and will deepen exchanges with Pakistan on governance, share experience …

  ISLAMABAD – Chinese Ambassador Mr Nong Rong on has said that keeping in view the successful completion of the first phase of China-Pakistan Economic Corridor (CPEC), China and Pakistan are more motivated to further expanding the CPEC cooperation and the prospects of our all-around cooperation have been further widened. Chinese Ambassador expressed these views while addressing an award ceremony …

    LAHORE – Overseas Chinese Association has hired services of ZOAO Law Firm which would now act as its legal counsel and will deal all legal matters of the Chinese nationals living and doing business in Pakistan. At a ceremony held here, the President of Chinese Overseas Association, Mr. Luo Qiang said on Sunday that being the first-ever Chinese …