Tangyue Village, Anshun City, Guizhou Province was once a national second-class poor village with an annual per capita income of less than RMB 4,000. The village was poor, and the villagers were weak. People were scattered apart and the land was barren.
CHINA TODAY Economy Oct 22, 2018
The opening of the high-speed rail link between Hong Kong and the mainland has once again brought the economic benefits of this new age technology into the limelight. A long way since 1876, when the first commercial train was launched in China, this new catalyst for continued economic growth is gradually becoming the norm. The network is changing China in many ways. Like railway towns that sprouted along the tracks in 19th century Britain and America, urban growth in China too is following the rail lines. Offices, residential areas and shopping districts which were non-existent only a decade back, are mushrooming as lines continue to be built. Δ A passenger takes a selfie with G5711, the first high-speed train from Shenzhen to Hong Kong, at Shenzhen North Railway Station in Shenzhen city, south China’s Guangdong province, Sept. 23, 2018. [Photo/Xinhua] Adjacent to congested commercial cities, where house prices are comparatively high, bullet trains have created new satellite towns. All the amenities of large metropolises are available to these towns through their fast transport links. Local governments find it especially helpful to efficiently manage large, but not oversized cities. This high-speed railway network has resulted in the creation of business opportunities. It is an extensive eco-system that is generating profits not merely through the sale of tickets but through its overall […]
CHINA.ORG.CN Economy Oct 19, 2018
It’s impossible for the US be merciful to China, and China is certain to lower its expectations regarding cooperation with the US.
contributors Politics Oct 19, 2018
For the last year, talk of the Chinese yuan becoming a major reserve currency has dominated headlines across the world. Is it time for the young lion to take charge of the pride?
contributors Economy Oct 18, 2018
With the 71-year historical pace of the development and construction of the ‘Great Northern Wilderness’, the previously underpopulated wasteland has turned into the rich and beautiful ‘Northern Okura’.
Economy Oct 12, 2018
The massive surplus and inadequacy during the process of international capital and production capacity transfer led to both the Great Depression in the 1930s and the recent Great Recession.
BEIJING REVIEW Economy Oct 8, 2018
How is China’s GDP doing in the first half? Is the Sino-US trade war damaged China’s economy? Are there any risks and challenges in the H2?
Economy Jul 19, 2018
The Greater Bay Area project aims to integrate major infrastructure and provide greater market access conditions across the region.
Politics Jun 1, 2018
The year 2018 is the 40th anniversary of China’s reform and opening-up and also a crucial year for economic structural transformation.
STAFF REPORTERS columnists ECONOMY WATCH Economy Mar 21, 2018
A visit to China, where I have been for the last week or so, is in many ways a humbling and instructive experience.
Politics Mar 15, 2018
Cracking the China Conundrum methodically tackles all of the prominent doubts about the Chinese economy with convincing and logical counterarguments.
Economy Feb 1, 2018
On January 18th, the National Bureau of Statistics revealed that in 2017, China’s gross domestic product (GDP) totaled 82.7 trillion yuan (about 12 trillion U.S. dollars), surpassing the 80 trillion yuan mark. The country’s economy expanded 6.9 percent in 2017, with the pace of growth accelerating for the first time since 2011.
Economy Jan 30, 2018