Services are growing rapidly. The value-added of th

 tertiary sector, which is mainly services, grew from 56.7 to 57.3 percent of GDP from the same period last year. The Index of Services Production increased 7.4 percent year-on-year, higher than the growth rate of overall GDP. Overall retail sales of consumer goods also grew at 8.3 percent. Sales of upgraded consumer goods witnessed fast … Read moreServices are growing rapidly. The value-added of th

Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t he Belt and Road Initiative, a China-Britain Business Council official said in Beijing. “The UK has taken a very positive view on seizing these opportunit ies for UK businesses, particularly our banks, our large consultancy firms and our infr astructure companies,” … Read moreChinese firms ideal partners on Belt and Road Initiative

Having watched and researched the Belt and Road

tiative for a very long time, Astle has identified many opportunities provided by the BRI and some great projects are already successfully being implemented with Chinese partners. The world’s only medicine treating spinal muscular atrophy (SMA) is entering the Chinese market, it was announced Sunday. The drug is registered under the name Spinraza in the … Read moreHaving watched and researched the Belt and Road

The BRI originated in China but its opportunities an

 outcomes belong to the world, Xi said, adding that the second forum sen ds a clear message to the world: The BRI will have a brighter future as the circle of its supporters expands, as good partners increase and as the quality of cooperation improves. Around 5,000 people from some 150 countries and about 90 … Read moreThe BRI originated in China but its opportunities an

The forum helped countries upgrade their concept

 of cooperation, defined key areas and strengthened the mechanism to seek high-quality development of the BRI, he said. Leaders reached wide-ranging agreement on high-quality cooperation on the BRI at the leaders’ roundtable on Saturday after an i n-depth exchange of views on issues such as connectivity, policy integration and sustainable development. They supported comprehensive infrastructure … Read moreThe forum helped countries upgrade their concept

Xi said China’s moves to boost opening-up follow from

 an independent choice based on the objective need of the country’s reform and development. This is helpful in promoting high-quality growth, meeting the people’s need s for a better life and promoting peace, stability and development of the world, he said. China also hopes that other countries will create a good investment environment, treat Chinese … Read moreXi said China’s moves to boost opening-up follow from

China welcomes financial institutions around the worl

 to participate in financing Belt and Road projects, Xi said, adding that multiple participants will bring common benefits. Xi announced that China will support 5,000 people from innovative sectors in Belt and Road countries in conducting exchanges, training programs and joint research in the next five years. Xi called for joint efforts to facilitate trade … Read moreChina welcomes financial institutions around the worl

ent Xi Jinping speaks at the opening ceremony of the

hina will increase imports of goods and services on a larger scale. China will further lower its tariff rates. China not to adopt beggar-thy-neighbor currency devaluation China will continue to improve the exchange rate formation mechanism of its curren cy, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level. … Read moreent Xi Jinping speaks at the opening ceremony of the

Last year, we issued an announcement offering op

portunities for all UN member states to propose experiments they want to conduct using China’s space station,” said Simone tta Di Pippo, director of the UNOOSA. “We have received more than 40 proposals before the deadline for sub mission. We will announce the winners probably by the end of June after evaluation.” Di Pippo said … Read moreLast year, we issued an announcement offering op

Leveraging private funds prioritized in BRI projects

China’s financial minister and central bank governor vowed to strengthe n debt management and leverage more private funds for infrastructure construction un der the Belt and Road Initiative, suggesting a new framework to assess debt risks for partner countries on Thursday. The Ministry of Finance published a debt-sustainability analysis framework for the BRI’s participating economies … Read moreLeveraging private funds prioritized in BRI projects