Now that the leadership issues in the United States and China have been settled, we can finally frame the economic outlook for 2013 with the knowledge of who will be pulling the policy levers in the world's two biggest economies. So, what will they do, and, perhaps more important, what will economic forces do to them?
Perhaps 2012 was a year of regrets for you. Perhaps you couldn't fulfill all your goals last year. But 2012 is past, and perhaps the new year will be one of surprises and joy for you irrespective of the inherent challenges. China Daily's mobile phone readers share their experiences of last year and their hopes for the new year:
History tells us that the application and popularization of new technologies result in a cycle of global economic growth and the world economy enters a period of recession or adjustments once the new technologies cease to be the driving force of productivity. After that, a new technological revolution is needed to pull the global economy out of recession and lead it toward recovery and growth.
Diaosi, gaofushuai and baifumei are terms that people usually use to denote different groups of Chinese youth. The terms not only describe the social status of youngsters, but also point to some underlying social problems.
I have been fascinated by New York City, where I stayed and worked for the last three years. But I was equally excited with the opportunity to shift to Washington DC on a new assignment, for I could know more about the "mystic" capital of the United States.
The 18th national congress of the Party indicated a shift from economy-centered development to "five-in-one" - economic, political, cultural, social, and eco-civilization - development.
From bird legs to monkey brains, wild animals in the south of China, especially in Guangdong and adjacent provinces and regions, have gruesomely fallen prey, on the dining tables, to avid human beings.
The widespread controversy arising from a traffic regulation that extends severer penalties to drivers running yellow lights highlights the need for traffic authorities to conduct a timely review of the revised regulation and take measures to increase its operability.
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