There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation. On May 11, Suzhou tightened housing policies further, China Daily ea rlier reported. The down payment ratio for a family’s first home purchase has been rais ed from 20 percent […]

According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned. Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou ntry’s long and rich […]

In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co mpanies to have 100 percent ownership in investments in all areas of the economy, excep t for a small number of areas, such as telecoms and defense, that are explicitly prohibited. Also, foreign investment has been simplified by creating a one-stop regulatory shop and […]

As the world’s second-largest movie market with a grow

th rate of more than 9 percent three years in a row, the Chinese film market is extreme ly open and inclusive with outstanding movies from around the world, fine works of Hollyw ood in particular, being screened in China even before they are shown in other countries. This shows China’s decision to open up […]

It was Washington’s decision to recognize Jerusalem

as the capital of Israel and Israeli sovereignty over the Golan Heights that fueled the massive protests from Palest inians and the Arab world and deepened the enmity between the Palestinians and Israelis. The Trump administration has closely aligned itself with Israel’s right wing, and on Su nday night, US President Donald Trump reinforced this […]

In the years since, the country has continued to maint

tain a breakneck pace of economic development, which has brought booming economic prosperity. Unfortunately, it has also brought a deteriorating environment. Seeing heavy smog, for ex ample, many people feel that a worsening environment will destroy the happiness brought by economic growth. Since 2012, the new leadership under President Xi Jinping has put forward a […]

Overholt said “the list of issues that President Xi has

addressed are the issues that the business community is concerned about”. “It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council. Experts also were interested in how the reform policies and laws […]

Oh Ei Sun, a senior fellow at the Singapore Institut

e of International Affairs, noted Xi’s emphasis on high-quality development, free t rade and people-to-people bonds, “all of which are sorely needed around the world”. “The shift toward high-quality development is a natural extension of what China has been doing for the past few ye ars. Now that the BRI is five years old, it’s […]

Fixed-asset investment growth was 6.3 percent in the first

 quarter, compared with 6.1 percent in the first two months, the National Bureau of Statistics reported. As favorable policies are implemented at all levels of government in the sec ond quarter, manufacturers will start seeing concrete financial benefits and industrial out put is expected to at least maintain a steady expansion from April to June, […]

But she insisted Britain could still secure a deal and leav

e before Britons would have to vote in a May 23-26 election to the European Parliament — a condit ion for the country to remain a member of the bloc beyond June 1 under the EU’s accord. Many leaders had wanted a much longer extension, to the end of the year or even next March, […]