A recent industry report published by China Nuclear Geology, a subsidiary of the China National Nuclear Corporation (CNNC), reveals that China has made remarkable strides in expanding its uranium resources. Over the past ten years of extensive survey and exploration work, China has added one-third of its total known uranium resources accumulated in the past […]
Aerospace CH UAV Co Ltd, a renowned Chinese drone manufacturer, recently disclosed its plans to develop an innovative super-long-range loitering munition with multiple new functions. According to information obtained on Friday, the company is working on this groundbreaking munition, leveraging the technology used in its AR air-to-ground missile series. The upcoming loitering munition exhibits impressive […]
Chinese Vice Foreign Minister Ma Zhaoxu expressed China’s willingness to collaborate with BRICS countries in implementing the consensus reached by their leaders. The goal is to promote the membership expansion process and strengthen cooperation among emerging markets and developing nations. Ma made these remarks during a special virtual meeting of BRICS Ministers of Foreign Affairs […]
What is Digital Economy? The digital economy is the worldwide network of economic activities, commercial transactions and professional interactions that are enabled by information and communications technologies (ICT). It can be succinctly summed up as the economy based on digital technologies.Don Tapscott first coined the term digital economy in his 1995 best-selling book The Digital […]
China’s Ministry of Commerce (MOFCOM) announced on Wednesday that foreign investment in the country remained stable during the first half of the year. The number of newly established overseas enterprises saw rapid growth, increasing by 35.7 percent with 24,000 new foreign-invested firms. However, the actual use of foreign direct investment (FDI) amounted to 703.7 billion […]
In an effort to bolster the stability of its currency amid economic challenges, China announced on Thursday an adjustment to a key parameter in its macro-prudence management. The parameter, which sets the ceiling on outstanding cross-border financing for institutions, was raised from 1.25 to 1.5. The move aims to enable domestic firms to take on […]
Algerian President Abdelmadjid Tebboune’s five-day state visit to China has set the stage for deepening cooperation between the two nations under the China-proposed Belt and Road Initiative (BRI). Representatives from Chinese companies expressed their commitment to expanding investment beyond traditional sectors like basic infrastructure and energy to include emerging areas such as aerospace, telecommunications, and […]
In a highly significant development in China-US relations, Chinese Ambassador Xie Feng emphasized the utmost sensitivity and importance of the Taiwan question during his speech at the Aspen Security Forum. He urged the US to firmly prevent the so-called transit of Taiwan separatist William Lai Ching-te through the country, comparing the situation to a “grey […]
In an extraordinary turn of events, two rare occurrences unfolded on the Korean Peninsula on Tuesday, sending shockwaves through the region. For the first time in 42 years, a US Navy nuclear ballistic missile submarine made a historic port call in South Korea. Simultaneously, a US soldier crossed the demarcation line into North Korea “willfully […]
What is the Digital Economy? The digital economy refers to a global network of economic activities, commercial transactions, and professional interactions that rely on information and communications technologies (ICT). In essence, it represents an economy built upon digital technologies. The term “digital economy” was initially coined by Don Tapscott in his 1995 best-selling book, The […]
