Xi's thought a practical plan for future

The "Thought on Socialism with Chinese Characteristics for a New Era", which General Secretary Xi Jinping unveiled in his report to the 19th National Congress of the Communist Party of China on Oct 18, was enshrined in the Party's Constitution on Oct 24.

Multilateralism for an inclusive world

In the post-war period, the multilateral system has delivered major economic and social progress. Globalization ushered in an unprecedented era of growth, lifting hundreds of millions of people out of poverty. Openness and partnership between countries played a critical part in this success. The United Nations, the World Trade Organization, and the Bretton Woods organizations have been the underpinnings of the multilateral economic system. They became the forums that shaped the "rules of the game" for a global system in which countries have thrived.

US tax reform will hurt developing countries

The Republicans will reportedly introduce their tax bill to the US Congress on Wednesday, as US President Donald Trump and his Republican allies want to approve a plan by the end of the year to dramatically lower individual and corporate tax rates, double the standard deduction and scrap certain taxes that largely affect wealthier Americans.

Fintech highlights the good, bad and ugly of lending

The controversy about some Chinese online small consumer credit providers allegedly overcharging their clients should not invite a blanket ban. Instead, it calls for a swift and smart regulatory response that, while allowing more entrepreneurial efforts to tap into the huge potential of fintech in the age of the internet, soundly protects consumers from predatory loans in whatever guise.

Signs ROK and China can turn the page on THAAD

Republic of Korea Foreign Minister Kang Kyungwha reportedly told lawmakers on Monday that the country is not considering any additional deployment of the Terminal High Altitude Area Defense anti-missile system. She also reiterated that the ROK will not be part of the US-led missile defense networks.

Quality growth for more gains

Since the 18th National Congress of the Communist Party of China in 2012, the top leadership has abandoned the GDP-dominant performance approach to assessing how well local officials have been doing their jobs; instead, improvements in people's livelihoods, social progress and the state of the environment are taken as important indexes for how well they are serving the people.

Free trade ports will help to push the envelope of reforms

IN THE REPORT he delivered at the 19th National Congress of the Communist Party of China in Beijing on Oct 18, General Secretary of the CPC Central Committee Xi Jinping pointed out that the government should give pilot free trade zones more autonomy to carry out reforms and the country should explore the possibility of establishing free trade ports. Beijing News comments:

Elderly are not stick-in-the-muds

THE LATEST RESEARCH ON ONLINE SHOPPING suggests that it is the elderly, frequently portrayed as not being internet-savvy, who comprise a larger-than-expected proportion of online shoppers. Beijing Youth Daily commented on Monday:

Campaign to drive home the message of pedestrian safety

THE BEIJING GOVERNMENT has organized a media campaign in which it is encouraging people to shoot small video clips showing vehicles stopping at crossings to allow pedestrians to cross the road. These videos of courteous drivers will then be broadcast online and on TV. Rednet.com comments:

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Coordinated development of urban and rural compulsory education

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HK benefits from growth of motherland

It is imperative to fully and faithfully implement the policies of "one country, two systems", "the people of Hong Kong governing Hong Kong" and "the people of Macao governing Macao", and a high degree of autonomy for both regions,