Chinese and US flags flutter outside the building of an American company in Beijing, Jan 21, 2021. [Photo/Agencies] The United States is fond of portraying itself as a champion of human rights and pointing an accusing finger at what it alleges are human rights abuses in countries that are in its
Prompting sighs of relief from residents, the adjustment of the COVID-19 pandemic prevention and control measures in the country earlier this month was regarded as a thoughtful optimization of the public health policy.
Photo: VCGEditors note: Azhar Azam works in a private organization as a market and business analyst and writes about geopolitical issues and regional conflicts. This years December 11 marks the 21st anniversary of Chinas entry into the World Trade Organization (WTO). When China was not a member of the WTO, its exports were subject to discriminatory treatment from the overseas markets. The country saw its exporting enterprises facing anti-dumping actions. After 15 years of negotiations, China acceded to the WTO.Before entering the WTO, China was making a rapid transition to a market economy. According to a study by the International Monetary Fund, China from 1979-1994 recorded an average real economic growth rate of more than 9 percent per annum, exceeding 13 percent in some years.The IMF recognized that the sustained increase in productivity (increased worker efficiency), started from 1978.Washington supported Beijings candidacy for WTO membership and urged Congress to approve Permanent Normal Trade Relations (PNTR) with China that had been passed every year since 1980 to "choose" economic growth for the country.Chinas ambitious reforms, opening up of its economy and innovations boosted productivity and raised living standards for all Chinese. Hence, Beijing joined the WTO to emerge as one of the world leading trading nations.Beijings WTO membership and PNTR status allowed the U.S. and other foreign companies to produce goods in China and export them back and to the world. A study by the National Bureau of Economic Research in 2017 found Chinas entry to the WTO reduced prices of Chinese manufactured goods in the U.S. by an estimated 7.6 percent between 2000 and 2006. It saved roughly $340 billion for the domestic manufacturing sector in 2014.Two analyses in 2017 and 2019 claimed that Chinas development supported $216 billion, or 1.2 percent of U.S. GDP in 2015, as well as a total of 2.6 million jobs with Chinese impo...
A flight loading cargoes at the Beijing Daxing International Airport, Beijing, China, November 19, 2022. (Photo: CFP)The Chinese capital Beijing has reported a surge in the number of flights recently after the country fine-tuned its COVID-19 response.Two major airports in the city, the Beijing Capital International Airport and the Beijing Daxing International Airport, are expected to see the daily number of flights return to 70 percent of the 2019 level in the near future, data from the north China branch of the countrys civil aviation regulator showed.The total number of flights soared by 169 percent on Sunday from the beginning of December at the two airports.China has recently announced a new set of measures to optimize its epidemic control, ranging from proposing home quarantine for mild and asymptomatic cases to reducing nucleic acid testing to make it easier for people to travel and enter public venues.In accordance with the new measures, passengers are no longer required to present their health codes and negative nucleic acid test results or undergo temperature checks when entering the two airports.
Chinese President Xi Jinping departed Saturday for home after attending the first China-Arab States Summit and the China-Gulf Cooperation Council Summit and paying a state visit to Saudi Arabia.During his visit, he had in-depth exchanges of views with leaders of Arab states on comprehensive cooperation as well as major international and regional issues.Together, they jointly charted the course for China-Arab states, the China-GCC and China-Saudi Arabia relations, and worked to build a China-Arab community with a shared future in the new era.A commercial port constructed by China Harbor Engineering Company in Jazan, Saudi Arabia. (Photo provided by China Harbor Engineering Company)China and Arab states have deepened and consolidated their political mutual trust. China firmly supports Arab states in upholding their sovereignty, security and stability, and supports them in pursuing a development path suited to their national conditions. Arab states have always shown their staunch support for China on issues related to its core interests and major concerns.Both sides support and safeguard the international system with the United Nations at its core and the international order underpinned by international law. They stand against all forms of hegemony and power politics.Employees of Chinese oilfield services company Zhongman Petroleum and Natural Gas Group work at a drilling site of a deep-water well at Siwa Oasis, Egypt. (Photo: Peoples Daily)Arab states have actively responded to the vision of building a community with a shared future for mankind, the Global Development Initiative (GDI) and the Global Security Initiative proposed by Xi. As of October 2022, 17 Arab states have voiced support for the GDI, and 12 have joined the Group of Friends of the GDI.China and Arab states have yielded fruitful achievements in mutually beneficial cooperation.China is the largest trading partner of Arab states. Their trade volume reached $330 billion in 2021. To date, China has si...
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. [Photo/Agencies] With much political fanfare, US President Joe Biden visited Taiwan Semiconductor Manufacturing Co's newly constructed plant in Arizona last week to attend a "first tool-
Xinhua / XinhuaPeople jog in a wetland park in Zhejiang Province in November.Biodiversity is becoming a buzzword across China as the country prepares to preside over a global meeting next week, to redress the worldwide imbalance between human development and ecological protection.At a press con
ImaginechinaThe lottery tickets that were bought at a site in Shenyang, Liaoning Province.My friend Liang Bingbing, an elementary school art teacher, received her first World Cup lottery prize after the group stage was over – 34.5 yuan (US$4.80). She was so happy – that I didn't have the heart
A staff member hangs a US national flag before US President Joe Biden arrives for the European Council meeting in Brussels, Belgium, March 24, 2022. [Photo/Xinhua] A number of high-ranking officials of the European Union voiced complaints about the bloc's transatlantic ally over the weekend. The
SHI YU/CHINA DAILY With the United States' strategic presence shrinking in the Middle East and Russia occupied with the Ukraine conflict, China has played an increasingly prominent role in the region. And since Arab countries now attach greater value to relations with China, the region is bound t
Chinese President Xi Jinping holds talks with Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud at the royal palace in Riyadh, Saudi Arabia, Dec 8, 2022. [Photo/Xinhua] The first China-Arab States Summit held in Saudi Arabia on Friday will strengthen China's relations with Saudi A
Investors check share prices at a securities firm in Nanjing, Jiangsu province. [Photo by Xing Qu/For China Daily] China has led the world in the number of IPOs issued in its A-share market and the amount of funds raised till November, says a report by accounting firm PricewaterhouseCoopers. Arou
To be more precise, every step we have taken in the past three years, no matter how difficult it is, is a step closer to this day or a preparation for this day. They are all meaningful.
What is happening in Washington regarding Taiwan, however, clearly goes against the kind of healthy, manageable China-US interaction the two leaders expressed they aspired to in Bali.
LI MIN/CHINA DAILY The inaugural China-Arab States Summit will be held in Saudi Arabia on Dec 9 during President Xi Jinping's visit to the country. Among the most important aspects of cooperation between China and Arab countries is investment in the economic and commercial field, and this has bee