GLOBALink | Exhibition showcasing China's new era achievements held in Beijing

Published in CHINA
Thursday, 29 September 2022 15:50

An exhibition on China's achievements over the past decade has opened in Beijing. Among them are objects and models showcasing China's significant improvements in science and technology.

Produced by Xinhua Global Service

GLOBALink | CPC brings "progress and success" to Chinese people: Congolese party leader

Published in CHINA
Wednesday, 28 September 2022 16:17

The governance of the Communist Party of China (CPC) has brought "progress and success" to the Chinese people and changed people's lives in many aspects, says Pierre Moussa, the general secretary of the Congolese Labor Party.

Produced by Xinhua Global Service

GLOBALink | China's industrial profits down 2.1 pct in first 8 months

Published in CHINA
Tuesday, 27 September 2022 16:21

Profits of China's major industrial firms fell 2.1 percent year on year in the first eight months of 2022, official data showed on Tuesday.

Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.83 million U.S. dollars) saw their combined profits reach 5.53 trillion yuan in the period, the National Bureau of Statistics (NBS) said.

The combined revenues of these firms sustained a quicker growth pace during the period, rising 8.4 percent year on year to 87.89 trillion yuan, NBS data showed.

Senior NBS statistician Zhu Hong pointed out the improvement in business profit structure, noting that curbed rising momentum in the prices of some commodities eased pressure on downstream producers.

A total of 16 out of 41 major industries saw growth in profits in the January-August period. The electrical machinery and equipment manufacturing sector saw profits jump 20.9 percent year on year and the profits of the manufacturing of chemical raw materials and chemical products rose 5 percent.

The profits of consumer goods manufacturing have continued to improve thanks to an array of pro-consumption measures by the government to boost market demand, Zhu noted.

Produced by Xinhua Global Service

 

GLOBALink | China's manufacturing eyes green, low-carbon transformation

Published in CHINA
Friday, 23 September 2022 15:19

At the 2022 World Manufacturing Convention held in China's Anhui Province, China's latest green technologies have not only been widely applied in the domestic market, but also attracted attention from overseas firms.

Produced by Xinhua Global Service

 

GLOBALink | China's Optics Valley tells story of indigenous innovation

Published in CHINA
Thursday, 22 September 2022 14:30

China's Optics Valley, or the East Lake High-tech Development Zone, in Wuhan of central China's Hubei Province, is well known for its optoelectronic industry chain which attracts global enterprises in the optical fiber, integrated chip and display screen fields.

Click to know the story of China's indigenous innovation. #GLOBALink

Produced by Xinhua Global Service

Prime Minister Irakli Garibashvili’s meeting with State Councilor and Foreign Minister the People’s Republic of China

Published in CHINA
Thursday, 22 September 2022 11:00

Georgian Prime Minister Irakli Garibashvili’s met with the State Councilor and Foreign Minister the People’s Republic of China, Wang Yi. Held within the scope of the United Nations General Assembly in New York, the meeting focused on the close friendly relations between the two countries and prospects of their development.
Irakli Garibashvili and Wang Yi discussed the key directions of the cooperation between Georgia and the People’s Republic of China and commended the existing productive cooperation.

It was pointed out that China is among Georgia’s top five trade partners.
China’s support of Georgia’s sovereignty and territorial integrity was pointed out.
The Head of Government assured the State Councilor and Foreign Minister the People’s Republic of China of Georgia strong support for the One-China policy.
Emphasis was put on the importance of cementing bilateral ties and the high dynamic of agency-level cooperation was applauded.

The parties welcomed the 30th anniversary of diplomatic relations between China and Georgia and expressed readiness to foster the further deepening of the existing friendly relations between the two countries.

Press Service of the Government Administration

Deputy Minister of Foreign Affairs, held a meeting with the Ambassador of the People's Republic of China to Georgia

Published in CHINA
Wednesday, 21 September 2022 15:42

On 19 September 2022, the Deputy Minister of Foreign Affairs, Aleksandre Khvtisiashvili, held a meeting with the Ambassador of the People's Republic of China to Georgia, Zhou Qian.
The sides discussed a wide range of issues on the agenda of bilateral and multilateral cooperation. Special attention was paid to successful trade and economic cooperation between Georgia and the People's Republic of China. It was noted that China has become one of the main trade partners for Georgia in recent years.
Discussions focused on the importance of exchanging high-level visits between the two countries. The sides reviewed  the possibility of taking appropriate steps in this direction and agreed on active cooperation.
The sides reaffirmed their unwavering and consistent support for the sovereignty and territorial integrity of each other's countries.

MFA of Georgia

GLOBALink | Record number of China-Europe freight trains pass through Xinjiang in Jan.-Aug.

Published in CHINA
Wednesday, 21 September 2022 09:38

Record high: In the first eight months of the year, 8,701 China-Europe freight trains passed through Xinjiang's Alataw Pass and Horgos ports, injecting the region with a huge boost to foreign trade growth.

Produced by Xinhua Global Service

GLOBALink | 7th China-Eurasia Expo kicks off in China's Xinjiang

Published in CHINA
Tuesday, 20 September 2022 11:45

The seventh China-Eurasia Expo kicked off in Urumqi, capital of China's Xinjiang Uygur Autonomous Region, on Monday. Join Xinhua's Shao Yibo to find out more. #GLOBALink

Produced by Xinhua Global Service

Turkmenistan and China increase mutual trade turnover and cargo transportation to Europe

Published in Economics
Wednesday, 14 September 2022 15:41

Trade turnover between China and Turkmenistan for the first seven months of this year increased by 53.4%. This figure was cited in a China Daily article citing data from China's General Administration of Customs in a September 12 publication titled "China strengthens ties with Central Asian countries."

Cooperation within the framework of the One Belt, One Road project between China and Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan by the countries of Central Asia has yielded first results. The countries of the region have received new investments, technologies and markets, as well as improved the level of their infrastructure, especially transport and logistics, writes the publication, which refers to experts.

According to analysts, the One Belt, One Road project has contributed to the growth of exports of the Central Asian countries, balanced the growth of their industry and opened up opportunities for their industrial modernization and the development of a green and digital economy.

The Silk Road Economic Belt was first proposed by Chinese President Xi Jinping during a visit to Kazakhstan in 2013, and the five countries of Central Asia were among the first countries to take part in this initiative.

This year marks the 30th anniversary of the establishment of diplomatic relations between China and the five countries, with trade between the two sides rising from $460 million in 1992 to $50 billion last year.

During the PRC-CA virtual summit in January marking the 30th anniversary of diplomatic relations, Xi Jinping outlined a vision for trade between China and the five countries to reach $70 billion by 2030, saying that Beijing was ready to import more high-quality goods from the five countries and step up cooperation in the field of energy and high technologies.

Central Asia is a key gateway on the western China-Europe freight train route. As of July, this transport corridor, which was launched in 2011, has carried over 57,000 train trips and shipped 5.3 million TEUs (twenty-foot equivalent) of goods worth nearly $300 billion. The launch of China-Europe freight trains has reduced the time for transporting goods between Kazakhstan and Europe by five times, according to a report by the Chinese Academy of Social Sciences.

During the January summit, Xi Jinping said China would provide $500 million in aid to Central Asian countries to support development programs and offer 5,000 seats in seminars and workshops to help the region train specialists in areas such as health, agricultural development and Information Technology.

The publication notes that China's booming economic ties with Central Asia have spawned hundreds of freight forwarding companies in Xinjiang.

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