Cartoon

Mobilizing finance for sustained growth

Asia and the Pacific region remains the engine of the global economy. It continues to power trade, investment and jobs the world over. Two-thirds of the region's economies grew faster in 2017 than the previous year, and the trend is expected to continue in 2018. The region's challenge is now to ensure this growth is robust, sustainable and mobilized to provide more financing for development. It is certainly an opportunity to accelerate progress toward achieving the 2030 Agenda for Sustainable Development.

Housing lotteries not best way to check prices

Starting from Xi'an, capital of Shaanxi province, in March, seven first-and second-tier cities including Shanghai, Nanjing and Wuhan have implemented a lottery system for housing sales.

The dark clouds over Japan ties seem to be dissipating

On May 8 when Premier Li Keqiang landed in Tokyo, the city was drenched in rain and engulfed by winds, with the early summer temperature dropping to an uncomfortable low. In contrast, China-Japan relations are warming up.

PBOC steps to bolster liquidity

The People's Bank of China, the central bank, has taken measures to bolster liquidity in the offshore yuan market by setting up more financing channels for offshore lenders participating in yuan-denominated businesses and initiating steps to improve cross-border capital flows.

Positive moves to lift energy partnership

Insiders believe China and the United States have good prospects and tremendous potential for cooperation in the fields of energy investment and trade.

China halts US sorghum dumping probe

China has terminated anti-dumping and countervailing duty investigations into imported sorghum from the United States, as domestic farmers have had difficulties selling pork products due to lower prices, the Ministry of Commerce announced on Friday.

Freight links with Russia expanded further

Four trucks each carrying 12 to 15 metric tons of fruits and two cross-border buses carrying dozens of passengers started their journey from Northeast China's Dalian, Liaoning province, on Friday toward Russia's Novosibirsk, marking the official launch of TIR, the global customs transit system, in China.

Sustained reforms to drive growth

BEIJING - China's economic transition toward high-quality development requires further reform and opening-up, a senior Chinese official said on Thursday at a forum hosted by the Institute of Economics of the Chinese Academy of Social Sciences.

IN BRIEF (Page 6)

Shanghai boosts self-driving tests

The Shanghai municipal government has unveiled plans to expand the city's contribution to the autonomous driving sector by opening up more of its roads for tests.

Haidilao to raise funds via HK float

Chinese mainland's hotpot restaurant chain Sichuan Haidilao Catering Co Ltd has filed an application to list in Hong Kong after a profitable 2017.