By Li Hongxing, People’s Daily In a busy, dimly lit production workshop on the second floor of a building of a Chinese pharmaceutical company in Guangzhou, south China’s Guangdong province, no workers were found, except a staff member overseeing the high-speed production line for packaging of traditional Chinese medicine (TCM). “If we didn’t have visitors,…
Ports serve as the gateways through which China opens up to the outside world. As China continues to deepen reform across the board, a vast majority of ports in the country have flourished, from the north to the south, from the east to the west, and from border regions to inland areas. For instance, Alashankou…
By Zhong Sheng, People’s Daily Recently, the Philippines, in collusion with certain countries, has once again brought up the so-called South China Sea arbitration. They claimed to safeguard peace and stability in the South China Sea, but kept exaggerating the so-called award on the South China Sea arbitration, which is illegal, null and void. Their…
Aid for Trade is a way to help developing countries address trade-related obstacles that constrain their ability to engage in international trade. Its primary objective is to improve the trade capabilities of developing countries, particularly the least-developed ones, and facilitate their integration into the global trade system. During the 9th Global Review of Aid for…
By Zhao Zhanhui, He Linping, Luo Shanshan, People’s Daily In recent years, China has been steadily pushing forward the reform of its market access system, one of the fundamental systems underpinning the country’s socialist market economy. By continuously lowering market entry thresholds, increasing transparency of market rules, and creating a fairer market environment, China has…
By He Yin, People’s Daily In the first six months of this year, China’s economy continued its recovery trend and maintained steady progress. On July 16, the International Monetary Fund (IMF) released an update to its World Economic Outlook, predicting that China’s economic growth rate will be 5 percent in 2024, an upward revision of…
The 2024 World AI Conference (WAIC) and High-Level Meeting on Global AI Governance was held in Shanghai from July 4 to 6, featuring 107 forums, more than 1,500 exhibitions and over 50 launch events. With an exhibition area of more than 52,000 square meters, the conference featured a “full-domain connection hall” of 6000 square meters…
By Liu Zhiqiang, People’s Daily China’s national economy was generally stable with steady progress in the first half of 2024, according to data released by China’s National Bureau of Statistics (NBS) on July 15. According to preliminary estimates, the country’s gross domestic product (GDP) in the first half of 2024 reached around 61.68 trillion yuan…
Maritime transport is the lifeline of global trade, as it handles over 80 percent of the international movement of goods. According to the Analysis Report on Chinese Port Operations 2024 (hereafter referred to as “the Report”) released by the Transport Planning and Research Institute, China’s Ministry of Transport, the volume of China’s foreign trade via…
By Zhang Niangsheng, Bai Yuanqi, Zhang Yunhe, People’s Daily Fruits from ASEAN countries are entering the Chinese market more efficiently and conveniently in recent years. This favorable trend is attributed to the full implementation of the Regional Comprehensive Economic Partnership (RCEP), the China-Laos Railway, the New International Land-Sea Trade Corridor (ILSTC), and other projects promoting…
