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China’s foreign direct investment (FDI) jumped 6.2 percent year-on-year to reach a record high of 999.98 billion yuan ($144.37 billion) last year, data from the Ministry of Commerce (MOFCOM) showed on Wednesday.
SOURCE / ECONOMY By Global Times Published: Jan 19, 2021 02:36 PM Workers load bean paste products on a truck at a factory of Dandan Pixian Bean Paste Group Co., Ltd. in Pidu District of Chengdu, southwest China's Sichuan Province, Dec. 11, 2020. Pixian bean paste, a condiment with main ingredients including red pepper, broad bean, wheat flour and salt, is characteristically used in Sichuan cuisine. The technique of producing Pixian bean paste has been listed as a national intangible cultural heritage in 2008. By 6 p.m. Friday, Chengdu, capital of Sichuan Province, had reported 10 confir...
China has vowed to strengthen legal actions against unfair competition and monopolies on the marketto protect the legitimate rights of entities at the Central Political and Legal Work Conference, which was held in Beijing on Saturday and Sunday, according to media reports.
China's 'ghost towns' come to life thanks to urbanization and policies By Zhang Hui Source: Global Times Published: 2020/12/28 21:20:03 Urbanization, huge population, policies help destock properties: analysts Caojiawan subway station in Southwest China's Chongqing Municipality in 2019. Photo: IC High-rise apartment blocks, lakes, parks and long, straight roads but no people: These were typical post-apocalyptic Chinese "ghost towns" described by some Western media, but they could be the start of new cities and development miracles. In a recent example, a subway station of Southwest Ch...
At a meeting on Friday, the Communist Party of China (CPC) Central Committee Political Bureau called for overall reform and opening-up, enhancement of national strategic technologies, an increase in the self-reliance capability of industrial chains and the formation of a powerful domestic market.