Xi's speech sends clear message on China's opening up: Chinese FM: Xinhuanet

August 28, 2020

Facing the impact of COVID-19 and the global economic downturn, China will not shut its door but will instead open it wider to the outside world, visiting Chinese State Councilor and Foreign Minister Wang Yi said here on Thursday. This is a clear message from Chinese President Xi Jinping, who delivered a very important speech recently on China's economic development and opening up, he added. Click here to read...

China's military 'will not dance to US' tune': People’s Daily

August 28, 2020

The Chinese military opposes the United States ramping up its pressure and provocations against China, and promises to take "every measure necessary" to safeguard national sovereignty, security and development interests as bilateral relations face an "unusually severe and complicated situation", the Ministry of National Defense said on Thursday. Click here to read...

Beijing slams sanctions over S. China Sea construction: China Daily

August 28, 2020

China said on Thursday that it was unjustified for the United States to impose sanctions on Chinese enterprises and individuals involved in construction in their own country. Foreign Ministry spokesman Zhao Lijian made the remark at a daily news conference after Washington added 24 Chinese companies to its Entity List on Wednesday and imposed visa restrictions on Chinese individuals for their participation in construction and what it called "militarization" in the South China Sea. Click here to read...

Surging industrial profits point to recovery: China Daily

August 28, 2020

The profits of China's major industrial firms grew for a third straight month in July, suggesting that the country's economy is gradually gaining momentum with the help of effective government measures to control the COVID-19 outbreak and resume production. Click here to read...

Chinese companies ramp up basic R&D spending as US tech decoupling looms: report: South China Morning Post

August 28, 2020

Chinese companies increased their spending on basic research by more than half last year amid the growing risk of US-China decoupling in technology and Beijing’s ambitions for innovation to drive the economy. Click here to read...