Hot word: Collective construction land for commercial use entering the market

集体经营性建设用地入市 (jítǐ jīngyíngxìng jiànshè yòngdì rùshì)

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Prudent policies can ensure constant growth

On Dec 18, commemorating the 40th anniversary of reform and opening-up, President Xi Jinping reviewed the glorious course of the great cause has taken, summed up the great achievements and valuable experiences, and urged the entire Party and people of all ethnic groups to continuously advance reform and opening-up.

Harnessing the fintech revolution to a better future

Innovation drives progress by disrupting the status quo and forcing established players to raise their game. But innovation can also be destructive if it is not managed properly, and financial innovation (fintech) is no exception.

Resolve for high-quality growth tops the agenda

Tenacity is the term President Xi Jinping used in his keynote speech at the Central Economic Work Conference on Friday to emphasize how China's economy can maintain its momentum. And despite the risks and uncertainties the Chinese economy faces at home and abroad, the conference said the prospects of better quality economic development and social progress are high.

Africa not a battlefield for major power geopolitics

Would Africa have attracted such intense global interest had China not worked for mutual benefits with its partners there? The question deserves special attention. Increasingly, the long-neglected continent is seen as a land of boundless opportunities. Which is good both for overseas investors and the African people.

Limit on players' pay is welcome, but it alone can't improve Chinese soccer

THE CHINESE FOOTBALL ASSOCIATION announced on Friday that a ceiling would be imposed on its budget for 2019. The CFA also said that a soccer player's annual salary should not exceed 10 million yuan ($1.4 million) before tax, although the probable candidates for the selection of the Chinese team for the 2019 Asian Cup and 2022 World Cup would get 20 percent more. Thepaper.cn comments:

Candle throws light on education reform

IN A GRADE 3 CLASS OF A SCHOOL IN HANGZHOU, East China's Zhejiang province, a teacher showed the students a white candle. But 95 percent of the children didn't know what it was. Yanzhou Metropolis Daily comments:

Mattis demission exposes divide in White House

Editor's note: Within 24 hours of US president Donald Trump announcing on Thursday that he would withdraw US troops from Syria, James Mattis resigned as secretary of state saying he would exit office in February 2019. Beijing News comments:

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Trade row's impact on growth declines

In light of the (temporary) ceasefire of the US-China trade conflict following the meeting between President Xi Jinping and his US counterpart Donald Trump on Dec 1, we at UBS now expect a less sharp slowdown in China's export and GDP growth in the first quarter of 2019. A mutual understanding of a stable RMB exchange rate is likely an important part of any trade deal, and as such, we expect to see the RMB to US dollar exchange rate hovering around 7 for longer. China's domestic policy mix may pivot somewhat as well.

Ingenuity can break high-tech barriers

Editor's note: The United States has opened fire on Chinese high-tech enterprises by asking Canada to detain Meng Wanzhou, chief financial officer of Huawei (she has subsequently been released on bail). Previously, the US Commerce Department announced it is seeking opinions on tightening high-tech exports by Jan 10. How should China deal with the US' technology blockade? Three experts share their views on the issue with China Daily's Liu Jianna. Excerpts follow: