The Asian Infrastructure Investment Bank will be a 21st-century multilateral lender with rigorous corporate culture, its first president said on Sunday.
Major principles and policies concerning Taiwan are consistent and clear, and will not change after the results of the island's elections held on Saturday, according to the mainland's Taiwan affairs authority.
Chinese publishers are seeking a hat-trick - hoping their books this year will replicate the extraordinary success of two Chinese works in international markets last year.
Chipmaker Qualcomm Inc delivered a boost to the high-tech sector in Guizhou province on Sunday by pledging a major investment.
As China strides boldly into the 21st century, taking its rightful place as history's next great superpower, it still lacks one ubiquitous symbol of progress and prosperity: a decent cigar for the masses.
Item from Jan 18, 1983, in China Daily: Bird's eye view ... another new building takes shape in west Beijing.
Many people have expressed their willingness to pay for e-books, according to the latest surveys on Chinese reading habits.
Premier Li Keqiang elaborated on his vision for the Asian Infrastructure Investment Bank and the Chinese economy this year when he addressed the inaugural meeting of the bank's board of governors on Saturday.
The Asian Infrastructure Investment Bank may co-finance some of its first projects with similar institutions, such as the Manila-based Asian Development Bank, according to Mohammad Ishaq Dar, the Pakistani finance minister.
"It is important that you not just have something brilliant on paper, it is important to implement it. ... As president of the bank, I will ensure that the oversight mechanism is implemented without any compromise. ... I want to make sure all policies are implemented well and make sure the oversight mechanism is implemented without any compromise. We have the confidence to tell the world that we mean what we say."
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