Better data for good trade policies

At the core of globalization in the 21st century is the growth of supply chains. It is a fact that over the last two decades, value chains have changed the old ways of organizing international specialization, of production and of understanding comparative advantages. They have changed the face of trade.

Visits offer opportunities

Though China and Japan are not out of the crisis, recent developments seem to show signs that neither wants to see the current confrontation over the Diaoyu islands spiral out of control.

Put power in cage

How the anti-graft campaign will be intensified and whether it will prevent the rampant abuse of power by officials, and thereafter usher the country into a new era for sustainable development, are the people's major concerns when it comes to their expectations of the Party's new leadership.

Hope rises for peace on Peninsula

This year will be critical for the Korean Peninsula. All the countries engaged in the Six-Party Talks have seen leadership transitions in the past year or so and, therefore, they may change their policies on the Korean Peninsula issue in accordance with the changing international situation.

The bane of domestic consumption

Retail sales in China grew 14.3 percent in 2012, ending with an encouraging year-on-year increase of 15.2 percent in December, and consumption (including government consumption) accounted for 51.8 percent of GDP.

Letters

Corruption must be eliminated

From the Chinese press

New traffic law justified

Consumption cannot be only driver

China's economy is at a crossroads. As 2013 begins, foreign and domestic observers alike are asking which path the country's economic development should take in the next decade. How can China ensure stable and sustainable growth in the face of significant internal and external challenges, including slowing medium- and long-term growth, rising labor costs, and growing inflationary pressures?

Cartoon

Global governance in a changing world

Each year in January the World Economic Forum brings together leaders from business, government, academia and the media at its headquarters in Davos, Switzerland, for five days of lectures and discussions about issues of global importance.

Obama's opportunity

US President Barack Obama began his second term on Sunday, with daunting tasks facing him both at home and abroad. Some believe Obama, now more confident, may be emboldened to take a harder line on foreign policies. However, when it comes to Sino-US relations, caution and a win-win strategy would be more pertinent.

Technological upgrading

China's exceptional GDP growth, 11.4 percent in 2007, is now a thing of the past, and the country must tap its technological potential if it is to maintain stable growth in the coming decades.