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 […]

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 […]

Bane and boon of fandom culture

With the rise of social media networks and involvement of capital, fandom culture as a niche subculture has attracted more and more attention from the mainstream.  From an external perspective, the rapid advancement of technology and social media platforms have served as prerequisites, while investment from the capital market has fueled its development. As to […]

Beijing Design And Art Expo kicks off focusing on lifestyle

The Beijing Design And Art Expo, one of the key events of the Beijing International Design Week, opened on Thursday at the China National Agricultural Exhibition Center in Beijing.   Taking the theme Rejuvenating Life, the expo covers three distinctive units: Beauty of Technology, Beauty of Taste and Beauty of Life.  With 17,000 square meters of […]

Indonesia: Business forum and Indonesia Night held in Beijing

The Indonesia-China Business Forum and Indonesia Night were successfully held in Beijing to promote Indonesian culture and seek economic cooperation between the two countries. A total of 250 people from the Chinese business community and various business sectors in Indonesia attended the event.  Indonesian Ambassador to China Djauhari Oratmangun presided over the forum and stated […]