Since 2013, when MSCI, a United States-based provider of equity, fixed income, hedge fund stock market indexes, announced that it would consider the inclusion of China A-shares into its MSCI Emerging Market Index, China's equities market has undergone significant change.
While US President Donald Trump has pulled the United States out of the Paris climate change agreement, the rest of the world is moving beyond fossil fuels toward sustainable, renewable energy. China has put a mandatory limit on coal consumption and has built the highest number of solar and wind power facilities of any country in the world. India's cumulative solar power capacity has increased 750 times from 2010. And Chile and other countries are harnessing solar power at half the price of coal power.
There are many reasons why China is pursuing the Belt and Road Initiative. However, one of the least discussed - but perhaps most significant - is related to population.
Friendship may no longer be the catchphrase in China-Japan relations. But the black-and-white cuddly creatures from China continue to endear themselves to Japanese fans. In a notice announcing the birth of a giant panda cub posted at its entrance last Monday, Tokyo's Ueno Zoo has asked visitors to maintain silence in the panda enclave. The panda father, Ri Ri, is on solo show while the mother, Shin Shin, with her cub, is now on maternity leave.
Chinese bicycle-sharing startup Mobike Technology Co Ltd said on Friday it has raised more than $600 million in its latest round of financing, boosting this year's funding past $1 billion.
Hong Kong companies are enjoying an export boom in Shenzhen, Guangdong province, fueled by growing free trade in major products during the past 13 years.
As China moves to the forefront of fifth-generation or 5G mobile communication technology, 6.3 trillion yuan ($925 billion) of economic output and 8 million jobs will be created by 2030, a telecom academy said.
Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms, showcasing huge improvements in the country's services.
This summer, traveling abroad will be much more cost-efficient for travelers, with tickets pitched at keener prices than last summer - due to easier visa policies, increased flights, and price competition between numerous travel agencies - according to a report by Ctrip.com International Ltd, China's leading online travel agency.
The interest rate hike announced by the US Federal Reserve on Wednesday has so far failed to produce a major ripple effect in emerging market economies. Policymakers in these countries, however, should continue to remain alert over the accumulative effects of future US interest rate hikes and balance sheet cuts.
The Ministry of Science and Technology recently made public the results of the investigation it launched after Tumor Biology, a journal published by Springer Nature, retracted 107 research papers from China in April. Most of the retracted papers were authored by clinical doctors, and the investigation found the peer review process had been compromised.
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