President Xi Jinping has highlighted the need to enhance the Communist Party of China’s (CPC) leadership over the armed forces to ensure the successful achievement of the People’s Liberation Army’s (PLA) centenary goal. In an instruction to a meeting on Party building in the armed forces, Xi, who is also the General Secretary of the […]
On Friday, the application channel for space science and application projects on China’s Space Station officially opened, inviting scientists and experts to conduct research on the Tiangong Space Station, China’s first manned spaceflight project. To promote the overall development of China’s space science, space application, and space technology, the China Manned Space Engineering Office released […]
The ongoing joint military exercise between Australia and the US, involving 13 countries, has been labeled a “paper tiger” by Chinese experts. Despite its impressive scale with more than 30,000 military personnel participating, the exercise’s ability to effectively serve the US’ purposes and persuade all participants is questioned by experts. The two-week-long military exercise, known […]
In a recent announcement, China’s Aerospace CH UAV Co Ltd revealed its ongoing development of an innovative super-long-range loitering munition, equipped with various new functions. Based on AR air-to-ground missile series technology, the loitering munition product being developed by Aerospace CH UAV Co Ltd boasts an array of capabilities. It is capable of executing diverse […]
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 […]
