Will China's 21st Century Maritime Silk Road initiative benefit the Association of Southeast Asian Nations' member states? The answer is "yes", because it is a win-win initiative based on equality. By joining the initiative, the developing countries in the region will get funds for improving their infrastructure, deepening investment cooperation, and increasing cultural and personnel exchanges, which are necessary for their economic development.
China's leaders are taking action to support the shift to a more sustainable growth model. But not everyone is optimistic. Veteran China watcher David Shambaugh recently warned that the challenges facing the political system, led by the Communist Party of China, may be severely compromising the government's ability to implement the package of ambitious economic reforms announced in 2013.
Since Xu Caihou was the senior-most military officer put under investigation for bribery, his death (he died of cancer) has raised some questions in people's minds, with some asking what will happen to the enormous wealth he had amassed through illegal means.
In October 2001 Shinzo Abe, then deputy chief cabinet secretary, accompanied Japan's Prime Minister Junichiro Koizumi on a visit to the Lugou (Marco Polo) Bridge and the Memorial Hall of the War of Resistance Against Japanese Aggression. Koizumi said the exhibits made him feel again the "horrors of war" and offered "heartfelt apology and condolences" to the Chinese victims of Japan's wartime aggression.
Editor's Note: The following is the full text of an action plan on the China-proposed Belt and Road Initiative issued by the National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce of the People's Republic of China, with State Council authorization, on Saturday.
Editor's Note: Following is the full text of the keynote speech given by Chinese President Xi Jinping at the Boao Forum for Asia Annual Conference 2015 on March 28, 2015.
Local authorities have been encouraged to relax their rules on land sales in an effort to create more affordable housing, two official government websites confirmed on Friday.
China's securities regulator said on Friday that mainland mutual funds would be allowed to invest in Hong Kong shares through the Shanghai-Hong Kong Stock Connect program.
CNOOC Ltd, the biggest offshore oil and gas explorer in China, said on Friday that its net profit rose 6.6 percent last year amid falling oil prices, as the company cut costs to shore up returns.
It is the second year running that Ji Guomiao has attended the Boao Forum for Asia, which kicked off on Thursday in Boao town, southern Hainan province, but this year his company is a sponsor of the flagship economic event and he is setting the world a challenge.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
