Economy ends year on positive note despite complex, challenging environment

China's economy ended 2023 on a positive note, recording a year-on-year GDP growth of 5.2 percent and surpassing the set target.  In December, with the effective implementation of various macroeconomic policies, the national economy maintained the stable recovery momentum, with most indicators rebounding or stabilizing, excluding the real estate sector. Looking back to the quarterly […]

China mediates formal ceasefire deal between Myanmar military and armed groups

Under China's meditation and facilitation efforts, a formal ceasefire agreement has been reached between the Myanmar military and three ethnic armed groups in northern Myanmar, namely the Myanmar National Democratic Alliance Army, the Ta'ang National Liberation Army, and the Arakan Army, after the two sides held peace talks in the city of Kunming in Southwest […]

N.China’s Baotou aims to expand rare-earth industrial scale to over $14 billion in 2024

Baotou, North China's Inner Mongolia Autonomous Region, which holds over 80 percent of the nation's rare-earth reserves, aims to accelerate rare-earth new material industry and application during 2024.  According to guidelines issued by the municipal government, Baotou aims to expand the rare-earth industrial scale to 100 billion yuan ($14.08 billion) and establish itself as China's […]

US government shutdown risk not defused yet, raising global concerns over its debt levels: experts

US Congress has reportedly reached a deal on how much the US government will spend in 2024 in a significant move toward avoiding a shutdown, but it doesn't necessarily defuse the threat altogether, Chinese observers said. The US government shutdown risk reflects Washington's "declining fiscal management and governance ability," which may negatively impact US economy […]

China releases document for soliciting opinions on management of cybersecurity incident reporting

The Cyberspace Administration of China (CAC) released a draft for soliciting opinions on management of cybersecurity incident reporting on Friday. The draft specifies that the theft of national security information should be recognized as a severe cybersecurity incident, and those who fail to report it as required will be subject to punishment. According to the […]

Quarter of world's freshwater fish face extinction - study

The alarming conclusion has been drawn from the first-ever IUCN red list assessment of freshwater species, which identifies global heating, pollution, overfishing, and falling water levels as major threats to vital aquatic populations. A comprehensive study by the International Union for Conservation of Nature (IUCN) highlights the precarious state of freshwater fish globally, with iconic […]

Permanent population of Beijing declines for a 6th consecutive year: BAI

Since 2017, the permanent population of Beijing has been declining for six consecutive years, and the distribution of the population shows a pattern of multiple support points and gradient distribution, while the health and cultural quality of the population ranking among the top in the country, according to the Beijing Administration Institute (BAI) on Saturday. […]