Achieving win-win, multi-win results through mutually beneficial cooperation

"We have tangibly felt the constant optimization of Chinas business environment in recent years," said Edward Zhou, president of Cytiva China, a subsidiary of the global life sciences leader, recalling how the company settled in the Lingang new area of the Shanghai free trade zone (FTZ).Technicians work at an innovation center of Cytiva. (Photo provided by Cytiva)According to him, Cytiva China received its business license just three days after applying for it and finished all registration work in two months."After we started official operations, the streamlined international settlement services and preferential policies of talent attraction provided by Lingang new area have significantly improved our operational efficiency and lowered operational costs. They contributed a lot to our rapid development achieved in such a short period of time," Zhou noted.Cytiva is part of the Danaher Corporation Life Sciences platform. It has about 10,000 employees in some 40 countries and regions around the world and focuses on the research of a series of innovative technologies such as biomedicine, and cell and gene therapies.In 2021, the company established its first R&D Center of Excellence in Asia in Shanghai, which aims to remove the barriers between technologies and their commercialization and align global technologies with local demands.Last year, it built a new production line of bioprocess disposables with its Chinese partners, which serves the Chinese and Asia-Pacific markets. The production line is able to lift production capacity by threefold.Zhou called the Chinese market a huge magnetic field that attracts global innovative enterprises and partners. He believes that the Chinese biomedicine industry had witnessed drastic changes in the past 10 years and still enjoys infinite possibilities.According to a report recently issued by the company, the Chinese biomedicine sector is performing well in terms of production vitality and supply chain re...

Chinese market enjoys advantages in its size, vitality for innovation

The year 2022 was the International Year of Glass, and Albert Chen, managing director of Schott in China, one of the leading specialty glass companies in the world, from Germany, shared with the Peoples Daily a story about glass.Glass products developed by Schott on display at the third China International Import Expo. (Photo provided by Schott)Over the past 30 years, the German manufacturer has been committed to improving its manufacturing and processing technologies for ultra-thin glass. However, the company lacked an opportunity to massively launch its products in the market, till it learned from negotiations with its Chinese partners that many Chinese tech firms were seeking solutions for producing curved screens."The success of our technologies and products came from not only the demand of Chinese tech firms for new technologies but also the strong industrial chain of the Chinese electronics industry and its vital consumption market," Chen said.He noted that the potential of the Chinese market is obvious to all, and expanding investment in China is an important strategy adopted by many multinational companies, including Schott.Schott started its business in China in 2002. So far, its total sales volume in the country has hit 2.55 billion yuan ($381 million).Chen told the Peoples Daily that Schott has enjoyed prosperous development in China over the past two decades, and with the general expectation of the Chinese economy picking up in 2023, it is believed that the investment environment for foreign companies in the country will keep being optimized.Over the recent years, Schott has continuously expanded its investment in China, introducing high-end production lines and establishing an Asia-Pacific R&D center.Many new outcomes were delivered in China by the German manufacturer, including mobile phone screens made of curved ultra-thin glass, a transistor outline header for 5G fronthaul, and an encapsulation design for the light engines of ...

China's overall population falls in 2022

(File photo: CFP)Chinas overall population declined by 850,000 people year-on-year to 1.4118 billion in 2022, putting the natural growth rate at negative 0.6 per 1,000 people, the National Bureau of Statistics said on Tuesday.The country registered about 9.56 million newborns last year, down from 10.62 million in 2021.Its birthrate stood at 6.77 births per 1,000 people in 2022, down from 7.52 in 2021.The death rate nationwide was 7.37 per 1,000 people last year, putting the natural growth rate at negative 0.6 per 1,000 people.

Beijing Daxing Airport resumes international passenger flights

Beijing Daxing International Airport resumed international passenger flights on Tuesday.(File photo: CGTN)Routes to and from Chinas Taiwan region as well as Hong Kong and Macao Special Administrative Regions have also reopened.The airport had suspended international flights since March 14, 2020, due to the COVID-19 pandemic, diverting them to Beijing Capital International Airport.

Didi gets nod for new user registration


China leads the world with 4.2 million valid registered patents in 2022

China had registered 4.212 million valid patents as of the end of 2022, making it the first country to pass the threshold of 3 million. The number manifests that the nation has been ramping up efforts to become a global innovational power.Of the patents there are 1.324 million high-value patents, up

Medtech firms racing to meet COVID-19 demand


Gradual recovery likely in real estate


China's fixed-asset investment up 5.1 pct in 2022

BEIJING, Jan. 17 (Xinhua) -- Chinas fixed-asset investment saw a steady expansion in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.(File photo: CGTN)Last year, the fixed-asset investment rose 5.1 percent year on year to over 57.21 trillion yuan (about 8.51 trillion U.S. dollars), according to the NBS.In December alone, the fixed-asset investment increased 0.49 percent month on month.Investment in infrastructure and manufacturing climbed 9.4 percent and 9.1 percent from a year earlier in 2022, respectively. Investment in property development fell 10 percent year on year.

China's industrial output up 3.6 pct in 2022

BEIJING, Jan. 17 (Xinhua) -- Chinas value-added industrial output, an important economic indicator, went up 3.6 percent year on year in 2022, data from the National Bureau of Statistics (NBS), showed Tuesday.(File photo: CFP)In December alone, the industrial output grew 1.3 percent from a year earlier, and 0.06 percent from November, the NBS said.The industrial output is used to measure the activity of large enterprises each with an annual main business turnover of at least 20 million yuan (about $2.98 million).

China's GDP hits 121.0207 trln yuan in 2022

BEIJING, Jan. 17 (Xinhua) -- Chinas economy posted steady growth in 2022 despite pressures including epidemic resurgences and a complicated external environment.A view of the Huangpu River in Shanghai. (Photo: VCG)Chinas gross domestic product (GDP) grew 3 percent year on year to a record high of 121.0207 trillion yuan (about 17.95 trillion U.S. dollars) in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.In the fourth quarter, the countrys GDP expanded 2.9 percent year on year."The national economy continued to develop despite downward pressure, the economic output reached a new level, the employment and prices were generally stable, peoples lives were continuously improved, new achievements were secured in high-quality development, and the overall economic and social development was stable and healthy," said Kang Yi, head of the NBS, at a press conference.However, the foundation of domestic economic recovery is not solid as the international situation is still complicated and severe while the domestic triple pressure of demand contraction, supply shock and weakening expectations is still looming, Kang said.China will make economic stability its top priority and pursue progress while ensuring stability this year, he said.

South China's Guangdong to reward reporting of illegal border-crossing activities up to 50,000 yuan

South Chinas Guangdong Province has drafted an incentive plan to reward reporting of illegal border-crossing activities with the highest rewards of up to 50,000 yuan ($7,462).Coast patrol officers are on patrol in Shenzhen, South Chinas Guangdong Province. File Photo: VCGGuangdong Provincial Public Security Department will solicit public opinions between January 13 and 28 on the drafted plan to reward reports of illegal and criminal activities in violation of exit and entry administration.According to the draft, if the report is verified and the violator is apprehended by the police, the informant will be rewarded with 1,000 yuan for each violator caught, with the highest reward reaching up to 50,000 yuan.The informant will be rewarded with 10,000 yuan for reporting any factory that hires illegal immigrants and 1,000 yuan for each illegal immigrant seized by the police at the factory. The rewards are up to 50,000 yuan for each case.The draft also proposed reward schemes on reporting employment agencies who introduce illegal immigrants to illegal employment, as well as on tipping off harboring, concealing or assisting illegal immigrants to evade inspection.The draft also specified the rewarding plans on reporting illegal activities that organize or transport people to illegally cross the border.The rewarding plan is a move by the province to widely mobilize the public to report illegal and criminal activities in violation of exit and entry administration, and severely crack down on illegal and criminal activities that impair the administration of national borders, to maintain security and stability in the exit and entry administration, according to the draft.

Chinese mainland to resume registration of commercial performances involving people from Hong Kong, Macao and Taiwan

China’s Ministry of Culture and Tourism (MCT) on Monday announced it will resume accepting applications for commercial performances involving people from the Hong Kong Special Administrative Region, Macao Special Administrative Region and the island of Taiwan, starting from February 16. Dresses are on display at the China International Culture and Tourism Fair, which opened in Jinan, East China’s Shandong Province on September 15, 2022. The fair attracted cultural products from more than 20 countries and regions, including Turkey, Nepal and Russia. Photo: VCGNew commercial performance applications involving people from overseas are still suspended, except for those who are already in the Chinese mainland, according to a statement released by the MCT. The move came after the Chinese mainland optimized its response to COVID-19 in December 2022. Local governments should continue to strengthen the management of commercial performance activities, urge performance organizers to implement the new epidemic prevention and control measures, and continue to promote the prosperity and development of the cultural performance market, the MCT said.The MCT and other authorities have been ramping up efforts to promote the recovery and growth of tourism and cultural industries recently. On December 28, 2022, the MCT announced plans to promote the coming tourism season as the New Year holiday and the Spring Festival draw near, including launching a batch of new national-level ski resorts. It also vowed to launch more cultural projects to enrich peoples cultural lives. On the premise of ensuring the safety and health of the people, various cultural activities such as "village galas," folk performances, and exhibitions will be organized in light of local conditions, the MCT said.The tourism and cultural sectors have seen rapid recovery as the Spring Festival holidays draw near, with the number of both domestic and international passenger flights surging. During the first...

China's population highly likely to see negative growth: experts

China’s National Bureau of Statistics will soon release the country’s population data for 2022. Population and economic experts predicted that China’s population will see negative growth for 2022 or 2023 at the latest. Children dance in Zaozhuang, east Chinas Shandong Province, Oct. 1, 2022. (Photo by Sun Zhongzhe/Xinhua)China’s population grew by just 480,000 to 1.4126 billion in 2021, the lowest growth rate since 1962, and demographers say a national decline appears inevitable as the birth rate falls and people live longer, warning that China’s population is approaching the warning line of negative growth.China’s total population size peaked in 2022, much earlier than expected, which means the country’s population will see negative growth from 2023 or enter an era of negative growth after 2023, Cai Fang, former deputy director of the Chinese Academy of Social Sciences, said previously.Yuan Xin, a professor at the Institute of Population and Development at Nankai Universitys School of Economics, said in 2022 that negative population growth is the inevitable result of the country’s long-term low fertility rate, and China’s population has entered an era of zero growth.Birth data for 2021 released by 31 provinces and regions in China showed that 13 provinces had a negative population growth rate, and only six among the top 10 provinces had birth numbers exceeding 500,000.Among the 13 provinces, Jiangsu, Hubei, Hunan, Inner Mongolia, Shanxi and Tianjin recorded negative population growth for the first time in recent decades. In addition, Shandong and Anhui provinces are also on the verge of negative population growth.India is set to surpass China as the worlds most populous country in 2023, the UN projects. India was home to 1.417 billion people as of 2022, compared to Chinas 1.426 billion, according to the UN, noting that Indias population continues to grow while China’s population is expected to decline to 1.313 billion by 2050.China implemen...

Medical networks help Beijing overcome COVID-19 outbreak peak


E-commerce propelled by linguistics


Chinese vice premier to meet US Treasury Secretary in Zurich on Jan. 18

File photo: CFPChinese Vice Premier Liu He will meet with U.S. Secretary of the Treasury Janet Yellen in Zurich, Switzerland on Wednesday, said Chinas commerce ministry.

China extends preferential personal income tax policies

BEIJING, Jan. 16 (Xinhua) -- China will continue to implement preferential personal income tax policies related to listed companies equity incentives and stock connect programs between the mainland and Hong Kong financial markets.File photo: CFPThe equity incentives of listed companies will continue to be taxed separately from Jan. 1 to Dec. 31, 2023, according to the Ministry of Finance and the State Taxation Administration on Monday.Favorable personal income tax policies related to mainland-Hong Kong stock connect programs and the mutual recognition of funds will also remain effective this year.Authorities expect the plicies to support business innovation and the opening-up of the capital market.

China, Albania sign visa-free travel agreement

TIRANA, Jan. 16 (Xinhua) -- Representatives of the governments of China and Albania signed here on Monday an agreement on mutual visa exemption for officials and citizens alike.File photo: CFPThe agreement was signed by Chinese Ambassador to Albania Zhou Ding and Albanias Deputy Minister for Europe and Foreign Affairs Megi Fino.It means that no matter what kind of passport they hold, citizens of both China and Albania can enter each others country without a visa.In 2018 and 2019, Albania implemented a visa-free policy for Chinese citizens who arrived in the country for short visits during the busy tourist seasons. The following year, Albania allowed short-term visit for Chinese citizens without a visa.

HKIA passenger traffic up over 300 pct in 2022

HONG KONG, Jan. 16 (Xinhua) -- The Airport Authority Hong Kong (AAHK) announced on Monday that in 2022, the Hong Kong International Airport (HKIA) handled a total of 5.7 million passengers, representing a year-on-year increase of 318.4 percent. In 2022, total cargo throughput and flight movements

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