en he visited a museum of broken relationships in Chengdu, capita l of Southwest China’s Sichuan province, with two friends in January. They tho ught it would be a good thing for Taiyuan to have a place for people to bury souvenirs from a failed relationship. They acted fast and opened the museum after three months’ preparation. The world’s first museum of broken relationships was founded in Croatia in 2006 by two artists, who ended their four-year relationship and got the idea of setting up a museum to house their leftover personal items. China has several museums of broken relationships now, in Nanjing, Chen gdu,Read More →

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 a single application process. These new policies will lead to greater competition within China, forcing C hina’s companies to become more efficient and to produce higher quality products. The Chinese government has also recently announced tax cuts and financial regulations desi gned to help private companies. This will hasten theRead More →

Chinese economy can reach its indicative growth target of 6-6.5 percent in 2019. Lower growth rate may mean more room for adjustment Most Chinese economists seem quite comfortable with this targeted range. One explanati on is that China’s potential growth rate is 6-6.5 percent, and a target should be set accordingly. Another is that a lower growth rate would give the economy more room for structural adjustment. From 1978 to 2008, China averaged an impressive 9.5 percent annual g rowth rate. Then the global financial crisis struck, causing growth to plummet from 9.7 p ercent in the third quarter of 2008 to 6.6 percent inRead More →

 an independent choice based on the objective need of the country’s reform and development. This is helpful in promoting high-quality growth, meeting the people’s need s for a better life and promoting peace, stability and development of the world, he said. China also hopes that other countries will create a good investment environment, treat Chinese enterpris es, students and scholars equally and create a friendly environment for their normal international exchange activities, Xi said. Xi pledged to take stronger measures to promote international cooperation in protecting intellectual pro perty, which he said is not only crucial to protecting the legal rights of companies but alsoRead More →

President Xi Jinping called on Wednesday for exchanges and cooperation between Chinese and foreign think tanks for more high-quality research results to push Belt and Road construction to a higher level. Xi made the remark in a congratulatory letter to the i naugural meeting of the Belt and Road Studies Network held in Beijing on Wednesday. The launch of the think tank network took place ahead of the Second Belt and Road Fo rum for International Cooperation being held from Thursday to Saturday in the capital. Xi said in the letter that the development of history, the prosper ity of civilizations and the progress ofRead More →

China and the United States have made new progress in negotiating the text of an econom ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday. Negotiating teams from the two countries are hashing out the text of the deal, including an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman. The remarks came as the world’s two biggest economies have been i ntensifying their consultations and aiming to break the deadlock in a timely manner. In the most recent round of trade consultations, the negotiators discussed technolo gy transfers, protectionRead More →

The ongoing China-led international collaboration project Tianq in, a space-based gravitational wave detection syste m scheduled to be completed by 2035, is expected to significantly improve unders tanding of major cosmic phenomena, including black holes, scientists said. Tianqin uses the Chinese words tian, meaning sk y or heavens, and qin, meaning stringed musical instrument. It will consist of three satellites forming an equilater al triangle around Earth at an orbit of 100,000 kilometers. Tianqin will work to detect gravitational waves, whic h scientists theorize are ripples in the fabric of space-time caused by violen t cosmic events, such as colliding black holes, supernovas and evenRead More →

will be significant demand for top-quality goods and services,” he told China Daily. Noting that many European companies are renowned for their innovation and reliability, Bagnasco said that “there shou ld be plenty of business to be done” in Xiongan. In June, Mats Harborn, chamber president, paid a visit to Xiongan and wa s received by Chen Gang, vice-governor of Hebei province and director of Xiongan’s management committee. Chen said he hopes the chamber will take an active role in such areas as green developm ent, intelligent technologies and innovation in Xiongan, an official news release from the new area said. “The EU Chamber ofRead More →

Every morning, dozens of students from Myanmar walk hand in hand across the border into China’s Yunnan province. There, they are led by patrol officers to Yinjing Frontier Primary School. After school, as they are escorted to the border insp ection station, they wave, tell the officers goodbye and return to their homes in Myanmar. The students attend the first frontier primary school in China. Loca ted in Yinjing village in the small border city of Ruili in Yunnan province, the school has 36 My anmar students and 99 Chinese students. Founded in 1960, it has been admitting students from Myanmar since 1990. Wen Liang,Read More →

itute kicked off in 2017 and is now progressing smoothly, said Ling Yun, mayor of Hefei and an NPC deputy. Once approved, the institute will be replaced by the national laboratory, accor ding to Pan, adding that the main building of the institute is almost completed. Ling said the provincial capital had already allocated 200 hectares of land in the Hefei National Hightech Industry Develo pment Zone for the institute and will reserve another 330 hectares for its future development. To date, 7 billion yuan ($1.04 billion) has been planned for the first phase of the institute’s infrastructure construction, acco rding to material provided byRead More →