In the general trend, China's economy has entered a "new normal", which features three characteristics - slower speed, structural optimization and change of engine. There is no change in the trend of the Chinese economy growing stronger. That should be attributed to the central government's wise assessment of the situation and persistency in carrying out reform and innovation.
China faces a fundamental challenge: How to balance environment protection with economic growth? Environmental protection can yield huge social benefits in terms of health and natural resources. But there is often an accompanying price to pay - in terms of jobs as well as the costs of compliance with tighter regulations. Achieving the right balance means addressing a complex set of factors causing environmental degradation.
Whenever a Chinese submarine appears in the waters of the Indian Ocean, India's media react immediately. In June, a leading Indian newspaper said a Chinese conventional Yuan-class submarine had entered the Karachi port for replenishment. Indian Navy Chief Admiral Robin Dhowan was quoted as saying his force was "minutely and continuously monitoring" the presence of Chinese warships in the region to ascertain "what challenges they could pose for us".
Young people protesting in front of Japan's Diet building where the ruling coalition railroaded two security bills on Thursday were voicing their concerns about the direction their country is taking.
China is still the mainstay of global growth and its economy is more than capable of achieving the annual growth target of around 7 percent despite the recent market swings, World Bank Group President Jim Yong Kim said on Friday.
Outstanding foreign debt rose to 10.28 trillion yuan ($1.67 trillion) by the end of March in China this year, with yuan-denominated debt accounting for 48.1 percent of the total, the country's forex regulator said on Friday.
The government has announced a round of measures to boost its flagging trade growth, including the creation of a pilot zone for cross-border e-commerce in Hangzhou, Zhejiang province, streamlining the administration of export-tax rebates, and removing a variety of import and export charges.
Economic indictors have gradually picked up and there are more signs the economy has started to stabilize, Wang Baoan, director of the National Bureau of Statistics, told People's Daily in an interview.
Equities recovered on Friday, alleviating investor concerns that trading of stock index futures on the contract expiration day could potentially cause sharp market volatility.
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