China is planning to increase the share of consumption in its GDP to more than 50% within the next decade as part of its strategy to shift the country’s economic growth drivers. This shift is seen as essential in light of challenges stemming from the ongoing adjustments in the property sector and growing concerns over […]
The 2024 Global Entrepreneurship Week (GEW) China is underway at Fudan University’s School of Management in Shanghai, attracting over 2,000 innovators worldwide to explore new avenues for transforming scientific and technological achievements into industry solutions. Running through November 24, the event, hosted by the Shanghai Technology Entrepreneurship Foundation for Graduates (EFG), features more than 50 […]
At the 2024 Global Digital Trade Conference held in Wuhan, Hubei province, Wei Jianguo, China’s former vice-minister of commerce, called for China to accelerate its efforts to lead global digital trade. He emphasized the importance of further opening up the economy, enhancing innovation capabilities, and strengthening international cooperation to capture a larger share of the […]
At the seventh China International Import Expo (CIIE) held in Shanghai, German companies expressed their growing commitment to increasing their investment and innovation capacity in the Chinese market. This is seen as part of a broader effort to inject new momentum into the Sino-German partnership and capitalize on China’s transformation into an innovation-driven economy. One […]
China and Indonesia Strengthen Bilateral Ties During Meeting in Beijing In a key diplomatic meeting on November 9, 2024, Chinese Premier Li Qiang and Indonesian President Prabowo Subianto discussed the continued development of China-Indonesia relations, highlighting the growing partnership between the two nations. The meeting, which took place in Beijing, underscored the deepening political trust […]
Key Takeaways from the CIIE Opening: The CIIE’s Growing Significance Global Political Engagement at CIIE Looking Ahead The discussions and agreements made at the CIIE highlight a concerted effort by China to position itself as a leader in global trade and innovation. With its proactive stance on market opening, technological advancements, and multilateral cooperation, China […]
BEIJING, Oct. 29 – Chinese Premier Li Qiang met with Finnish President Alexander Stubb in Beijing on Tuesday, reaffirming the commitment to enhance cooperation between the two nations. Li highlighted the positive trajectory of China-Finland relations since the establishment of their cooperative partnership, noting the continuous promotion of mutually beneficial cooperation across various sectors that […]
Shanghai, Oct 17, 2024 — Financial conglomerate CITIC Group has unveiled a new initiative aimed at enhancing green cooperation and promoting sustainable development, in collaboration with 13 international business partners. This announcement was made during the 2024 ESG Global Leaders Conference, taking place from October 16 to 18 in Shanghai, where CITIC Group played a […]
At the recent 2024 World New Energy Vehicle Congress in Haikou, Hainan, industry leaders emphasized the critical role of the new energy vehicle (NEV) sector in the global low-carbon transition. Experts highlighted that the automotive industry must achieve full electrification to secure over 50% market share for NEVs by 2035. Wan Gang, president of the […]
China has captured more than 70% of global orders for green vessels and has achieved comprehensive coverage across all major ship types in the first three quarters of 2024, according to recent statistics from the Ministry of Industry and Information Technology (MIIT). From January to September, Chinese shipyards received new orders totaling 87.11 million deadweight […]