An expert forecast China's international trade will remain robust in the next half year, and its continued efforts to increase imports will meet domestic demand and shore up the world economy.
The Chinese economy is expected to hold up in the second half of this year cushioned by structural upgrades, as the government has the policy tools at its disposal to deal with domestic and external challenges, according to officials and economists.
Local administrators in Shanghai said they are planning to roll out more projects responding to the central government's financial opening-up policies later this year, especially in the China (Shanghai) Pilot Free Trade Zone.
Builders began to lay the first steel truss complex on Friday on Yuanjiang Railway Bridge - which has the tallest bridge pier in the world and the longest span between two piers - on the Chinese section of the 925.5-kilometer China-Laos railway, a major project in the Belt and Road Initiative.
Chinese mobile payment wallet Alipay is extending its reach to Japan's public transportation sector by testing a Quick Response Code-based payment system in the country.
Having fallen prey to the manipulative maneuvers of the Donald Trump administration in its bid to present the United States as a victim of unfair trade practices, Chinese investment in the US declined significantly in the first five months of this year compared with the same period last year.
Auditor-General Hu Zejun delivered an audit report on the accounts of 650,000 national entities to the Standing Committee of the National People's Congress on Tuesday, the first of its kind since the Audit Commission of the Communist Party of China Central Committee was established in May.
THE REAL ESTATE REGISTRATION information management platforms operated by local governments have recently been merged into a unified national database, according to the Ministry of Natural Resources. Guangming Daily comments:
BY THE END OF JUNE, more than 2,500 senior residents had reported to the police in Hangzhou, East China's Zhejiang province, that a gang had swindled them out of hundreds of millions of yuan by inviting them to deposit their savings in a club called Aifujia, or home of love and blessing, with the promise they would be admitted by a nursing home for free and also enjoy interest on the money they deposited. Qianjiang Daily comments:
AS THE ONGOING 2018 FIFA World Cup in Russia continues to attract viewers, a joke about the Chinese national soccer team has become popular online. Thepaper.cn comments:
By directing the Pentagon on Monday to create a special "Space Force" as an independent branch of the US military to ensure the safety of US spacecraft and astronauts, US President Donald Trump has sparked concerns that Washington would ignite an arms race in outer space. Since outer space is the common property of humankind, China has always advocated its peaceful use and objected to its weaponization. It also opposes attempts to turn outer space into a battlefield, and hopes all countries will make joint efforts to keep outer space peaceful.
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