China's national congress is wrapping up its annual session Monday with the usual show of near-unanimous support for plans designed to carry out ruling Communist Party leader Xi Jinping's vision for the nation. This year's weeklong event, replete with meetings carefully scripted to allow no surprises, has highlighted how China's politics have become ever more calibrated to elevate Xi. Monday's agenda is lacking the usual closing news conference by the premier, who in the past was responsible for economic affairs as the party's No. 2 leader the one time each year when journalists could directly question a top leader. The annual news conferences have been held most years since 1988, and the decision to scrap the event emphasizes Li Qiang 's relatively weak status. Past premiers have played a much larger role in leading key economic policies such as modernizing state enterprises, coping with economic crises and leading housing reforms that transformed China into a nation of ...
Chinese President Xi Jinping on Sunday congratulated Asif Ali Zardari on his election as the Pakistan President, saying that the iron-clad friendship between the two countries is a choice of history and the strategic significance of the ties has become more prominent in the light of current changes in the world. Zardari, the husband of late Pakistan Prime Minister, Benazir Bhutto was overwhelmingly elected as the 14th President of Pakistan on Saturday, becoming the only civilian president of the coup-prone country for a second time. Zardari, the co-chairperson of the Pakistan Peoples Party, was the joint candidate of the ruling alliance of the PPP and the Pakistan Muslim League-Nawaz (PML-N). In his message to Zardari on Sunday, Xi said "China and Pakistan are good neighbours, good friends, good partners and good brothers, adding that the two countries' iron-clad friendship is a choice of history and a precious treasure of the two peoples." Xi said that "the two countries have in .
India and China have been locked in a military stand-off for nearly four years after the confrontations at friction points in eastern Ladakh in 2020
China last month broadened its state secrets law to include 'work secrets' in the scope of restricted sensitive information, and enacted a controversial counter-espionage law last year
He said, it was necessary to build cyberspace defence system and improve the ability to maintain national network security
Taiwan Defense Ministry this week said it would increase the number of missile drills and begin night-time exercises for pilots
This year's annual legislative session will run from Tuesday to March 11, making it one of the shortest meetings of China's parliament, outside pandemic years
China resumed publication this year, excluding college students from the data, to put youth unemployment at 14.9% in December
The Politburo also pledged to speed up development of 'new productive forces,' a vague new slogan favored by Xi that refers to fresh engines of economic growth
President Xi Jinping's Belt and Road Initiative under which China doled out billions of dollars of investments will for the first time come under the scanner of the country's anti-graft body amid allegations of corruption and the projects turning into debt traps for small and medium countries like Pakistan and Sri Lanka. Fighting corruption related to the Belt and Road Initiative (BRI) will be among the priorities for the Central Commission for Discipline Inspection's work report for 2024 (CCDI), the ruling Communist Party of China's (CPC) powerful anti-graft body, the Hong Kong-based South China Morning Post reported. The CCDI report released on Sunday stressed the need to eradicate the breeding grounds for corruption, deepen the system reforms and strengthen the institutions for discipline inspection and supervision, and enhance the organisational development of Party discipline inspection commissions and supervision agencies, state-run Xinhua news agency reported. The report, whi
Xi Jinping called logistics the "veins" of the real economy connecting production and consumption as well as internal and external trade
The party will refine a mechanism whereby technological works are led by the Central Committee, according to state broadcaster CCTV citing a central government meeting led by President Xi Jinping
The shift comes after Chinese authorities struggled to halt a selloff in the world's second-largest stock market with piecemeal support measures over the past few months
The composite PMI, which includes manufacturing and services, was at a four-month high of 50.9 in January compared with 50.3 the previous month
Chinese President Xi Jinping has offered to "break new ground" to give a fillip to the China-France ties, days after French President Emmanuel Macron's high-profile visit to India during which the two countries unveiled an ambitious defence roadmap besides intensifying cooperation in the strategic Indian Ocean and the Indo-Pacific region. Macron's visit to India also coincided with the 60th anniversary of diplomatic relations between China and France. In his message on the occasion, Xi said As today's world is once again at a critical crossroads, China and France should jointly open up a path of peace, security, prosperity and progress for human development. Xi said China attaches great importance to the development of bilateral ties and he stands ready to work with Macron to take the 60th anniversary of diplomatic relations as an "opportunity to uphold fundamental principles, break new ground, build on past achievements, open up a new future, and make China-France comprehensive ...
The term xiguan is "foreseeing that the financial situation is unlikely to fundamentally improve for a considerable period in the future," said Lu Xi
China has rolled out new rules meant to expand access to commercial bank loans for property developers as Beijing doubles down on its effort to end a prolonged crisis in the real estate industry. The policies will allow real estate companies to use bank loans pledged against commercial properties such as offices and shopping malls to repay their other loans and bonds and to cover operating expenses. They were announced late Wednesday by the People's Bank of China, the National Financial Regulatory Administration and the Finance Ministry. Beijing has moved this week to stabilise ailing financial markets and boost the economy by freeing up more money for lending in various ways. That includes cutting required bank reserves. The flurry of new measures and pronouncements from senior Communist Party officials about the need to stabilise financial markets and build confidence in the economy, the world's second largest, appears to reflect a renewed determination to get growth back on ...
Between Sunday and early Monday morning, four Chinese warplanes and four navy ships were detected around Taiwan, the Defence Ministry said
We are developing infrastructure on the mountains and deploying the troops on hill borders in such a way that it is ensuring the safety of the people there, said Singh
The Indian govt has brought in new regulations for coaching centres, including a ban on enrolling students under the age of 16. China's experiment may have lessons