China will continue to extend support to Laos in its fight against COVID-19 and is actively considering aiding the nation with vaccines, President Xi Jinping said on Thursday.Xi, who is also general secretary of the Communist Party of China Central Committee, made the remark in a phone conversation with Thongloun Sisoulith, the new general secretary of the Lao People's Revolutionary Party Central Committee.The phone call came on the heels of a congratulatory message sent by Xi to Thongloun, the Lao prime minister, who was elected general secretary of the LPRP Central Committee at the 11th National Congress of the LPRP last week.On behalf of the Party, government and people of China, Xi again congratulated Thongloun on his election to the position, saying that he believes that the LPRP and Laos, under the leadership of the new LPRP Central Committee, will unite and strive to attain the targets set at the congress.As friendly neighboring nations, China and Laos adhere to the leadersh...
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'Better-than-expected results' signal high-quality growth momentum in 2021China's stronger-than-expected economic rebound and continuous structural improvements last year have signaled that the country's pursuit of high-quality growth is set to gain more momentum in 2021, officials and experts said on Monday.The world's second-largest economy grew by 2.3 percent in 2020, and it should be the only major economy to have achieved annual growth, the National Bureau of Statistics said on Monday.The country's annual GDP came in at 101.6 trillion yuan ($15.7 trillion) last year, surpassing 100 trillion yuan for the first time and indicating that its overall national strength has reached a new level, the bureau said.'Main targets and tasks for economic and social development have been accomplished with better-than-expected results,' said Ning Jizhe, head of the NBS.Economic growth normalized to pre-COVID-19 levels in the fourth quarter last year and hit 6.5 perc...
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China will overtake the US to become the world's largest economy by 2028, five years earlier than previously forecast, a report says.The UK-based Centre for Economics and Business Research (CEBR) said China's 'skilful' management of Covid-19 would boost its relative growth compared to the US and Europe in coming years.Meanwhile India is tipped to become the third largest economy by 2030.The CEBR releases its economic league table every year on 26 December.Although China was the first country hit by Covid-19, it controlled the disease through swift and extremely strict action, meaning it did not need to repeat economically paralysing lockdowns as European countries have done.As a result, unlike other major economies, it has avoided an economic recession in 2020 and is in fact estimated to see growth of 2% this year.The US economy, by contrast, has been hit hard by the world's worst coronavirus epidemic in terms of sheer numbers. More than 330,000 people have died in ...
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'Dual-circulation' development paradigm key to 14th Five-Year Plan, president saysPresident Xi Jinping spoke on Monday of the importance of implementing the new development philosophy and advancing the new development paradigm of 'dual circulation' in the country's new development phase to ensure a good start for the 14th Five-Year Plan (2021-25) period.Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remark when addressing the opening of a study session at the Party School of the CPC Central Committee, attended by provincial and ministerial-level officials.Xi called for ensuring a good start for fully building a modern socialist country, adding that the next three decades will be a new development phase during which the Chinese people achieve a tremendous transformation from standing up and growing rich to becoming strong under the Party's leadership.To deal with unprec...
2021
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President Xi Jinping is calling for solid progress in advancing the high-quality development of political and legal work, which generally refers to judicial, procuratorial and public security affairs.Greater efforts should be made this year to follow a more systematic and law-based approach, and to focus on such work at the primary level, according to an instruction issued by Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission.Guo Shengkun, a member of the Political Bureau of the CPC Central Committee and head of the Commission for Political and Legal Affairs of the CPC Central Committee, conveyed the instruction at a central conference on judicial, procuratorial and public security work on Saturday.Xi also sent sincere regards to all police officers, as Sunday was the first Chinese People's Police Day. He called on them to take concrete actions to better safeguard people's happiness, national secur...
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President issues instruction on sticking to principles, remaining on high alertPresident Xi Jinping ordered the military on Monday to further strengthen its training and exercises this year so as to hone its operational capability and combat preparedness.Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, signed the commission's first order for 2021, which listed priorities in the training of the People's Liberation Army and the People's Armed Police Force.The order instructed the armed forces to stick to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as their guiding principle and uphold Xi Jinping Thought on Strengthening the Military as well as military strategies in the new era.It said the Party will enhance its guidance over the military's training, urging the armed forces to focus on improving their combat readiness and continuing to reform their training s...
2021
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Pact to provide greater market access, brighter future for cooperation, Xi saysA landmark China-European Union investment deal agreed upon Wednesday night will provide greater market access for both sides and a brighter future for China-EU cooperation, President Xi Jinping said on Wednesday.The agreement was reached 'in principle' as negotiations drew to a close on the bilateral investment agreement, the negotiators said.In a videoconference with German Chancellor Angela Merkel, French President Emmanuel Macron, European Council President Charles Michel and European Commission President Ursula von der Leyen, Xi and the European leaders jointly announced the conclusion of the negotiations after more than seven years of talks.The balanced, high-quality and mutually beneficial agreement demonstrates China's resolve and confidence to promote high-level opening-up, Xi said.It will promote recovery of the world economy in the post-pandemic era, facilitate global trade and the glo...
2020
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In phone call with Putin, he says bonds between the countries can't be brokenPresident Xi Jinping underlined the importance of strategic coordination between China and Russia on Monday, saying that strengthening the countries' partnership can effectively frustrate any attempt to suppress them and harm their relationship.He said the bilateral relationship cannot be influenced by the changes in the international situation or affected by other factors, adding that the two countries should join hands to safeguard international justice.Xi made the remarks in a phone conversation with his Russian counterpart, Vladimir Putin, in which they extended New Year's greetings to each other and the people of the two countries.China would like to develop its comprehensive strategic partnership of coordination for a new era with Russia, pursue development and prosperity for the two sides, and make more contributions to the building of the new type of international relations and a community ...
2020
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A meeting of the core leadership of the Communist Party of China has stressed the importance of enhancing political building, improving political capacity and upholding a people-centered philosophy.The two-day meeting of the Political Bureau of the CPC Central Committee, which wrapped up on Friday, also highlighted the need for members of the Party to keep enhancing their political judgment, savvy and effectiveness.Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting and delivered an important speech.The meeting reviewed a report from the bureau on practicing the eight-point frugality rules and a report on solving the problem of the practice of formalities for formalities' sake and reducing the burden at the primary levels.Members of the bureau spoke one after another at the meeting and examined themselves on aspects including upholding Party leadership, assuming their responsibilities and promoting high-quality development.Meeting participants high...
2020
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Authorities aim to better regulate online economy, guide its healthy developmentChinese authorities have officially opened an anti-monopoly probe into e-commerce giant Alibaba Group and will summon its affiliate Ant Group for a meeting about financial regulations, the latest moves to strengthen antitrust practices and prevention of the 'disorderly expansion of capital'.The State Administration for Market Regulation has launched an investigation into Alibaba for alleged monopolistic conduct, including implementing an 'exclusive dealing agreement', Xinhua News Agency reported on Thursday.The issue largely refers to the company's practice of forcing merchants to choose either Alibaba's platform or its rival site to sell their products instead of being eligible to work with both, potentially crowding out competitors.In a statement on Thursday, Alibaba said it will actively cooperate with the investigation, and the operation of the company's businesses currently ...
2020
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