China surpasses US as largest FDI recipient in 2020 despite pandemic: UN report
Zhang Hongpei Published: Jan 25, 2021 05:43 PM
Core construction work on a 300-meter-long conservatory, part of the Raffles City Chongqing complex, is complete in Southwest China s Chongqing, Jan. 14, 2019. Located at the confluence of the Yangtze and Jialing rivers, Raffles City Chongqing has been designed by world-renown architect Moshe Safdie, who drew inspiration from the region s thousand years of waterway transportation history. The conservatory, 32.5 meters wide and 26.5 meters tall, connects the tops of four buildings, 250 meters above the ground, as well as accommodating a viewing deck, an infinity pool, a sky walk and varied dining options. (Photo provided to China News Service)
From:ChinaDaily | 2021-01-20 07:38
Attaining full employment will be the key objective of China s annual economic growth target this year with the government likely to use strong policy tools to boost domestic demand, experts said on Tuesday.
The 2021 growth target will be unusual, just as in the past year, given the new wave of COVID-19 cases and an unprecedented weak economic base of 2020, according to Zhang Liqun, a researcher at the Development Research Center of the State Council.
A relatively faster year-on-year growth is not comparable to the expansion pace of economic output in normal years, making it difficult for policymakers to identify a reasonable GDP expansion rate target, Zhang said at a seminar held by the China Center for International Economic Exchanges, a national think tank, on Tuesday.
Regulator vows fillip to domestic consumption By OUYANG SHIJIA and ZHOU LANXU | China Daily | Updated: 2021-01-20 09:15 Share CLOSE Tourists shop at a duty-free shopping mall in Sanya, South China s Hainan province, on March 12, 2020. [Photo/Xinhua]
Efforts to boost domestic consumption will be intensified this year to spur economic recovery despite the mounting uncertainties, according to the country s top economic regulator.
China will also strive to improve the purchasing power of consumers, improve the consumption environment and create more consumption growth points, said Yan Pengcheng, director of the Department of National Economy at the National Development and Reform Commission.
Yan said the country will remove certain administrative restrictions on consumption and purchases and encourage areas that have restrictions on car purchases to increase the number of licensed vehicles. However, more efforts are need
China Daily Global / 2021-01 / 11 / Page006
Chinese chipmakers eye global glory By CHENG YU | China Daily Global | Updated: 2021-01-11 00:00 Amid sanctions and uncertainty, domestic firms ride policy support for self-reliance
This year is likely to prove fruitful for Dou Qiang. The president of Tianjin Phytium Information Technology Co Ltd, a Chinese manufacturer of server chips or integrated circuits (ICs), has been busy answering incessant phone calls from prospective customers desperate to receive supplies of chips. Demand for chips manufactured by Chinese companies has been very intense these days. The number of buy orders had already hit a record high at the beginning of last year, Dou said.
This year is likely to prove fruitful for Dou Qiang. The president of Tianjin Phytium Information Technology Co Ltd, a Chinese manufacturer of server chips or integrated circuits (ICs), has been busy answering incessant phone calls from prospective customers desperate to receive supplies of chips.