Cartoon

China's accountability system unique

China has made unprecedented contributions to global economic growth and green innovation in recent decades, lifting close to 800 million people out of poverty since it launched reform and opening-up four decades ago. China- and the world - owes this success to the Chinese authorities' experimental approach to policymaking, characterized by trial and error and constant adaptation.

EU's new lifeline may not be enough to save May

On Thursday, the European Union gave British Prime Minister Theresa May until Oct 31, four months more than what she had sought, to resolve the domestic deadlock over Brexit.

Firms should look before they leap into foreign markets

Chinese enterprises have gone global thanks to the rapid economic development of China over the past decades. They now occupy a vital place and enjoy certain advantages in the global industrial chain and marketing network because they have optimized worldwide resources and trade mechanisms such as the Belt and Road Initiative, which is aimed at improving connectivity between Asia and Europe and Africa.

World Bank, IMF seek closer ties with China

Leading multilateral funding organizations are looking to expand the nature and scope of their engagement with China, according to their top officials.

Chengdu inks 22 foreign-invested deals

A total of 22 foreign-invested projects worth $3.39 billion were signed during the "Chengdu can do" foreign investment signing event held in the capital city of Sichuan province on Friday.

IN BRIEF (Page 5)

Hard to tilt the balance back toward the north

Editor's note: China's resource-rich north took the lead over the south in multiple economic development indicators before the launch of reform and opening-up, but the balance gradually tilted the other way and has accelerated in recent years. A post published on the WeChat account of Qin Shuo, a financial commentator, says:

Pension system needs pressure release plan

One of the most visible upsides of the country's remarkable growth is the graying of the population. Chinese people are living longer and healthier lives than ever before, which is good news for them. But as it is putting increasing strain on China's pension system, it is a headache for the government.

Low-income families may require help if food prices continue to rise

THE CONSUMER PRICE INDEX rose 2.3 percent year-on-year in March, with food prices, which increased by 4.1 percent, the major reason for the surge, the National Bureau of Statistics said on Thursday. China Daily reporter Li Yang comments:

Kids must not be slaves to fashion

ON WEDNESDAY, a mother who was criticized for kicking a young girl in a shop in Hangzhou, East China's Zhejiang province, said she "was anxious". China Daily writer Zhang Zhouxiang comments:

16+1 platform is unifying, rather than divisive

The"16+1" cooperation mechanism, which brings together 16 Central and Eastern European countries and China, is an effective multilateral platform that meets the participants' different development needs and dovetails their varied development agendas.