The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to analyze and study the current economic situation and economic work. Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting. It was noted at the meeting that the country has seen its economy improve this year, with public confidence …

GDP growth fastest in 10 past years

BEIJING, China (China Economic Net) – Chinese Premier Li Keqiang Tuesday said China will promote higher-standard opening-up, attract more foreign investment, and encourage more Chinese companies to go global, so as to achieve more win-win outcomes. Li made the remarks at the fifth “1+6” Roundtable which was held via video link and attended by World Bank Group President David Malpass, …

— Citing a Malaysian saying “bukit sama didaki, lurah sama dituruni,” which means to climb the hill together and go down the ravine together, Xi highlighted the essence of the Asia-Pacific family spirit at the 27th APEC Economic Leaders’ Meeting in Beijing via video link. —  Calls for continued efforts to press ahead with regional economic integration for the early …

  CHINA ECONOMIC NET BEIJING, China – Manufacturers in China remain confident about business prospects for the next 12 months, even as the novel coronavirus outbreak weighed heavily on the sector last month, a private survey said on Monday. “Firms anticipate a recovery in production over the next year due to expectations that production will be ramped up once the …

BEIJING, China – With only around 15 books sold per day and half of them purchased by employees, OWSpace recently released a letter on social media platform WeChat seeking crowdfunding to support its operation. “Only one of our four bookstores has resumed operation and the customer flow was just 10 percent of normal levels,” said Wu Yanping, general manager of …

Boao Forum for Asia opens in Hainan

Li said the downward adjustment of the GDP growth target was made against the backdrop of a slowing global economy, as several international organizations have recently lowered their forecasts for global growth this year