Key takeaways from the China Development Forum 2023 - Key takeaways from the China Development Forum
At the China Development Forum 2023, which concluded on Monday, senior Chinese officials, leaders of multinationals, and representatives from international organizations have offered insights on China's economic development and potential.Here are som
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BRI welcomes global participation - BRI welcomes global participation
The Belt and Road Initiative welcomes everyone to jointly explore opportunities for shared growth, according to the ongoing Boao Forum for Asia Annual Conference 2023.Since the BRI was first proposed by President Xi Jinping in 2013, the ambition is still
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Nation's opening-up to world remains a top priority - Nation's opening-up to world remains
Vice-President Han Zheng reiterated on Tuesday Beijing's unwavering commitment to widening market access, bettering the business environment and jointly safeguarding the stability of global industry and supply chains with businesses from various coun
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China offers foreign firms big prospects - China offers foreign firms big prospects
Vice-Premier He Lifeng said on Tuesday that the sustained and healthy development of the Chinese economy and the advantages of its super-large market offer broad prospects to foreign enterprises investing in the nation.He made the remarks at the launch ce
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Boao Forum sanguine on Asia prospects - Boao Forum sanguine on Asia prospects
Key report expects region to lead world to economic recovery this yearThe Asian economy is on track for recovery with strong resilience and vitality despite pressure from weakening global demand and mounting uncertainties, according to a key report issued
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Hong Kong welcomes issuance, listing of catastrophe bond by World Bank - Hong Kong welcomes issuance
The Hong Kong Special Administrative Region (HKSAR) government on Tuesday welcomed the issuance of insurance-linked securities (ILS) in the form of a catastrophe bond by the World Bank in Hong Kong with a size of 350 million U.S. dollars, offering protect
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Boao Forum for Asia draws over 2,000 attendees - Boao Forum for Asia draws over 2,000 attendees
Some 2,000 participants will attend the Boao Forum for Asia (BFA)'s annual conference, scheduled for March 28 to 31 in Boao, a coastal town in China's island province of Hainan, BFA Secretary General Li Baodong said on Tuesday.Marking the first
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Regional economic integration advancing in Asia: report - Regional economic integration advancing in
Regional economic integration has been advancing in Asia, according to a report released by the Boao Forum for Asia (BFA) on Tuesday.The BFA Asian Economic Outlook and Integration Progress Annual Report 2023 states that in 2021, global dependence on Asian
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Asia's GDP expected to grow 4.5 pct in 2023: report - Asia's GDP expected to grow 4.5 pct
The weighted real GDP growth rate of Asia in 2023 is estimated to be 4.5 percent, an increase from 4.2 percent in 2022, according to a report released by the Boao Forum for Asia Tuesday.As a major engine of the world economy, Asian economies are accelerat
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Consumption showing some signs of resurgence - Consumption showing some signs of resurgence
Consumer demand continued to pick up steam as China ramped up efforts to boost buying sentiment, which experts said will help boost market confidence and promote the overall improvement of profitability.Consumer demand saw a steady recovery as consumer go
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Li: Economy to maintain growth, strive for new drivers - Li: Economy to maintain growth, strive for
Economy: More certainty given to global developmentPremier Li Qiang reaffirmed on Monday China's commitment to maintaining a proper rate of economic growth while striving for better quality, and more efficient and robust drivers of economic growth th
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Commerce Minister meets with Apple CEO in Beijing - Commerce Minister meets with Apple CEO in Beijin
Chinese Minister of Commerce Wang Wentao and Tim Cook, CEO of Apple, had a discussion on stabilizing industrial and supply chains in Beijing on Monday.During the meeting, Wang emphasized China is promoting high-level opening up and advancing institutional
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Tibet pushes ahead with 191 key projects - Tibet pushes ahead with 191 key projects
The Tibet autonomous region is planning 191 key projects this year, with an investment of more than 143 billion yuan ($21 billion), Tibet Daily reported.According to the region's Development and Reform Commission, the heavy investment will be used fo
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Fed hike end talk stirs easing buzz - Fed hike end talk stirs easing buzz
The scope for China to beef up monetary support for economic recovery has expanded as U.S. interest rate hikes appear to be nearing an end, with another reserve requirement ratio cut possible this year, experts said on Monday.The People's Bank of Chi
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Int'l organizations, business leaders upbeat about China's economic outlook - Int'l o
Economic experts and business leaders showed optimism about China's economic growth outlook in 2023 at the just-concluded China Development Forum (CDF) 2023, saying that China is a major driver of the global economy and a reliable supplier for indust
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Chinese premier to attend Boao Forum for Asia Annual Conference 2023 - Chinese premier to attend Boa
Chinese Premier Li Qiang will attend the opening ceremony of the Boao Forum for Asia Annual Conference 2023 and deliver a keynote speech at the forum's invitation in Hainan on March 30, Foreign Ministry Spokesperson Mao Ning announced on Monday.Singa
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China's non-financial ODI investment soars - China's non-financial ODI investment soars
China's non-financial outbound direct investment, or ODI, rose 35.7 percent year-on-year to 136.04 billion yuan during the first two months of 2023, said the Ministry of Commerce on Monday.In U.S. dollar terms, ODI grew 26.5 percent from the same per
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China's foreign trade recovery beats expectations - China's foreign trade recovery beats e
China's foreign trade has recovered better than expected in the first half of this year, Yicai reported on Thursday.The warehouses of merchants in Yiwu, Zhejiang province are gradually emptying and overseas customers are coming to China to require or
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China's non-financial outbound direct investment surges in Jan-Feb - China's non-financial
China's non-financial outbound direct investment (ODI) surged 35.7 percent year on year to 136.04 billion yuan in the first two months of the year, official data showed Monday.In U.S. dollar terms, the ODI stood at 19.96 billion U.S. dollars in the J
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