Domestic demand, which encompasses both consumption and investment, is a crucial engine for economic growth, linking the economy with societal well-being. As the effects of the country’s supportive policies continued to filter through, China saw a noticeable pickup in consumption growth and a stable increase in fixed-asset investment in October, noted guest speakers who joined the ninth episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, which was broadcast on Monday. Here are the…

As China navigates a complex global economic landscape, it seeks to stimulate domestic demand to tackle both immediate and long-term challenges. China’s policy for invigorating consumer spending and investment has produced results, according to guest speakers who joined the ninth episode of the China Economic Roundtable hosted by Xinhua News Agency, which was broadcast on Monday. GATHERING STEAM China has stepped up efforts, combining immediate policy measures with structural reforms, to stimulate domestic demand. Thanks to these measures, including promoting…

A think tank report released on Wednesday offers an in-depth analysis of how the world is invited to experience a real China up-close, as foreign tourists swarm into the country buoyed by a raft of facilitation measures. The report, “China Travel — Inviting the World to Experience a Real China,” was issued by New China Research, a think tank under Xinhua News Agency. The report summarizes and explains the domestic and global relevance of China’s inbound travel boom. It notes…

It has been an exciting year for globetrotters as travel to and around China has never been easier. Whether wandering the willow-lined moat of Beijing’s Forbidden City, marveling at the towering natural pillars of Zhangjiajie that inspired Avatar or immersing themselves in the urban cyberpunk vibe of Chongqing, travelers are enjoying a new wave of discovery and cultural connection unseen in years. This surge in travel is largely attributed to China’s updated visa policies, particularly the expansion of visa exemptions…

Chinese President Xi Jinping on Wednesday held talks with Brazilian President Luiz Inacio Lula da Silva. Xi flew in earlier Tuesday for a state visit to Brazil after attending the 19th G20 Summit in Rio de Janeiro. African Times has published this article in partnership with Xinhua News Agency

China is ready to join hands with Brazil in a spirit of perseverance and dedication to build a China-Brazil community with a shared future and usher in the next “Golden 50 Years” of China-Brazil relations, said Chinese President Xi Jinping on Wednesday. Addressing a grand welcome banquet hosted by Brazilian President Luiz Inacio Lula da Silva in Brasilia, Xi thanked him and the Brazilian people for their warm and friendly reception and congratulated Brazil on achieving remarkable development under President…

To eradicate poverty has been humanity’s long-held wish since ancient times. China has declared a “complete victory” in the fight against poverty, with all 98.99 million rural residents living below the poverty line lifted out of poverty. How did China achieve such a feat and what contributions has it made to global poverty reduction efforts? African Times has published this article in partnership with Xinhua News Agency

Upon arriving in Rio de Janeiro for the 19th G20 Summit on Sunday, Chinese President Xi Jinping expressed readiness to work with all parties for an equal and orderly multi-polar world and a universally beneficial and inclusive economic globalization. In a written statement, Xi hoped for the G20’s greater role as an important platform for international economic cooperation. This year’s G20 Leaders’ Summit, scheduled for Nov. 18-19, marks the first gathering of the kind since the accession of the African…

Chinese President Xi Jinping has embarked on a journey to Latin America, where he will attend the 19th G20 Summit in Brazil’s Rio de Janeiro. Here are some highlight moments of President Xi at G20 summits. African Times has published this article in partnership with Xinhua News Agency

The inauguration ceremony of Chancay Port has been held in Peru. It’s not only a good deep-water port, but also the first smart port and green port in South America, which will bring Peru huge revenues and create a large number of jobs. African Times has published this article in partnership with Xinhua News Agency