AIIB is recharging globalization

The emergence of the Asian Infrastructure Investment Bank has had two major global implications. The first is in terms of additional availability of finance for regional infrastructure development. Traditional financial institutions such as the International Monetary Fund, World Bank, Asian Development Bank and the African Development Bank have been funding multiple development projects in many countries.

ROK's WTO complaints don't hold water

The Republic of Korea has complained to the World Trade Organization about China's "countermeasures" in tourism and business for Seoul's decision to deploy the Terminal High Altitude Area Defense anti-missile system in the ROK.

Recycling smartphones a challenge for users

China's cellphone shipments increased to 560 millions last year, up 8 percent year-on-year, according to data from the China Academy of Information and Communications Technology.

Japanese official's visit to Taiwan seriously damages ties

The visit to Taiwan by Japanese senior vice-minister of internal affairs and communications on Saturday was provocative and breaches the commitment made by Japan to interact with Taiwan only at nongovernmental and local levels.

Private firms key to growth

China's major industrial enterprises registered a profit growth of 31.5 percent year-on-year in the first two months of this year, 29.2 percentage points higher than the growth in December, data from the National Bureau of Statistics indicate.

Curbing commercial property sales for residential use good move

ON SUNDAY, the Beijing municipal government further regulated the market for commercial properties, prohibiting developers from selling such properties under construction to individuals. Banks have also been instructed to suspend the issuing of loans to individuals who have signed contracts to buy already constructed buildings for business use. Beijing Youth Daily comments:

Not abiding by safety rules runs a risk

THE DEATH OF A MAN at Nanjing Railway Station on Sunday shows the heavy price that may be paid by those seeking to cut corners. Beijing Youth Daily comments:

University has right idea but wrong approach

TSINGHUA UNIVERSITY has announced that starting from this year, its students will not be given graduation certificate upon graduation without having learned the skill to swim. Beijing Youth Daily commented on Tuesday:

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Work together to advance economic globalization

Editor's note: Following is an English version of the full text of the keynote speech by Chinese Vice-Premier ZhangGaoli at the opening plenary of the Boao Forum for Asia Annual Conference 2017 on March 25: Work Together to Advance Economic Globalization and Create a Better Future for Asia and the World.

Harness comparative strengths, unleash development potential

Visiting Premier Li Keqiang witnessed the signing of a cooperation agreement between China and New Zealand under the framework of the Belt and Road Initiative on Monday. This is the first agreement of its kind China has inked with a developed Western economy, indicating China's initiative is gaining both popularity and substantial progress.

Rightist tendency a concern

A kindergarten in Osaka, Japan, was recently revealed to be instilling in its young charges ultra-nationalist ideas and anti-China and anti-Republic of Korea sentiment. The revelation came not long after the Japanese hotel chain APA was found to be placing books in its guest rooms that brazenly deny the Nanjing Massacre.