Misunderstandings, especially at the governmental level, have been the root cause of the trade disputes between China and the United States, a leading economist said.
Evaluations of investments and policies, in areas ranging from transportation and energy to education and social protection, can influence the economic directions if findings are of high quality and available at the right time.
The agreement reached by the leaders of China and the United States during the G20 summit will not only contribute to the economic development of both countries, but also have positive effects on the world economy and multilateralism, said foreign officials.
While people from all walks of life in the Hong Kong Special Administrative Region (HKSAR) were enjoying the great festivities to commemorate the return of Hong Kong to the motherland and the establishment of the HKSAR Monday, some ultra-radicals' violent acts of storming the region's Legislative Council (LegCo) complex posed an ugly contrast.
The United States said it would not impose new tariffs on Chinese exports, laying the foundation for both sides to revive trade consultations.Ahead of the Osaka meeting, the Trump administration had threatened an additional 25 percent tariff on $300 billion worth of Chinese products if the meeting failed to reach a consensus.
"The meeting between President Xi and Prime Minister Abe had pointed to the future direction of Sino-Japanese relationship and also the direction of my future work," Kong said.
Boasting a membership of over 90 million and governing an economy with a GDP of over 90 trillion yuan (about 13 trillion U.S. dollars), the 98-year-old Communist Party of China (CPC) still harbors its most distinctive character: self-reform.
As Chinese President Xi Jinping and his U.S. counterpart, Donald Trump, met last week in Osaka, Japan, the world has seen encouraging signals that trade issues between the two countries can be solved based on equality and mutual respect.
"We can't take China-U.S. trade friction as a basket in which we can put whatever problems and difficulties," a Chinese commerce ministry official told a conference Tuesday.
It was the summer of 1921. A dozen Communist Party of China (CPC) members were forced to leave a small building in the French concession area of Shanghai, and boarded a boat on Nanhu Lake in Jiaxing, Zhejiang Province, concluding the first National Congress of the CPC.
China and the United States agreed on the sidelines of the G20 summit in Osaka, Japan, to restart economic and trade consultations on the basis of equality and mutual respect, after trade frictions since last year.
At that time China follows its traditional foreign policy based on the Five Principles of Peaceful Coexistence, and began to move with more dynamism in the international arena, he said.
The agreement between the presidents of China and the United States on Saturday to restart trade consultations sent a positive message to the world, experts and industry insiders have said.
The outcomes of the highly anticipated meeting between Chinese President Xi Jinping and his U.S. counterpart, Donald Trump, on the sidelines of the Group of 20 (G20) Osaka summit on Saturday have shone a ray of light upon the clouded global economy.
Argentine farmers have one of the good harvests of soybeans in the history of the country this year, but they are in no mood to celebrate in view of the declining prices, a rippling effect economists believe is, in large part, caused by the U.S.-initiated trade war with China.
China has made extraordinary progress in protecting the environment and biodiversity, and the rest of the G20 members will benefit from its fruitful experience, said a Chinese expert.
Chinese state media outlets and the Ministry of Foreign Affairshave frequently and specifically criticized U.S. Secretary of State Mike Pompeo with unusually strong words in recent days, while Chinese analysts pointed out that this is a warning from Beijing to Washington that U.S. diplomacy could be misguided and get more unreasonable due to the impact of some senior officials.
China is contributing to regional and global peace through its highly praiseworthy diplomacy aimed at noninterference in the internal affairs of other countries and peaceful resolution of conflicts around the world.China is willing to deepen the mutually beneficial cooperation with Afghanistan in various sectors within the framework of the Belt and Road Initiative, Xi said.
The G20 Summit will be held in Osaka, Japan, on Friday and Saturday amid rising economic uncertainties across the world. Unilateralism has had a serious impact on the postwar world order and caused instability in different regions.
On June 18, Lighthizer threatened to impose punitive tariffs on Chinese imports if certain issues were not resolved to the US' satisfaction.Thanks to the negative effects of the trade disputes with multiple countries, the US did not achieve the expected GDP growth rate of 3 percent in 2018.
China's incredible development since 1949 is a result of good governance and its people's hard work, an Egyptian think-tank chief has said.
The newly released annual white book on China's economy and Japanese businesses offers a fresh reminder of deepening bilateral economic ties.
Many pin their hopes on the G20 -- a mechanism that helped tide the world over two financial crises.
The upcoming Group of 20 (G20) summit in Osaka, Japan, will provide a chance for world leaders to conduct in-depth exchanges of views and put forward policy-oriented solutions.
Ahead of a meeting between Chinese and U.S. leaders at the G20 summit in Osaka in Japan, some U.S. officials have taken the wrong attitude by hyping up the "China threat," an unhelpful move to resolving trade issues.
HEAVY RAINS have brought serious flooding to many cities in the south of China since the region entered its annual rainy season in June.The drainage systems in most cities are designed and built according to an old urban construction standard that has remained unchanged for decades.
The opening of the Hong Kong-Macao-Zhuhai Bridge last September was a key step in the development of the Pearl River Delta region. The 26-kilometer-long bridge and tunnel complex has improved the flow of goods between all ports and increased the flow of tourists across the border.
Chinese President Xi Jinping is traveling to Pyongyang on Thursday for a two-day state visit to the Democratic People's Republic of Korea (DPRK) at the invitation of DPRK top leader Kim Jong Un.
The current risks and challenges facing the world's economy are not byproducts of economic globalization but the result of the outdated winner-takes-all mentality of the world's largest economy.
All parties should work together to ease the Iran nuclear issue and tensions in the Gulf instead of letting the risk of conflict grow unchecked, State Councilor and Foreign Minister Wang Yi said in Beijing on Tuesday.