China’s green investment is expected to increase 16 trillion yuan ($2.32 trillion) over the next five years, significantly higher than the growth rate of traditional sectors such as real estate and infrastructure, according to estimates from China International Capital Corporation (CICC) on Saturday.
Editor’s Note:
Since 2012, China has witnessed an extraordinary economic transition, with historic achievements in all aspects of the economy from its size to quality. Such an unparalleled feat does not just happen, especially during a tumultuous period in the global geo-economic landscape and a tough phase in China’s economic transformation and upgrading process. It was Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era that guided the country in overcoming various risks and challenges, and in keeping the China economic miracle alive.
As China embarked on the quest to become a great modern socialist country amid global changes unseen in a century, Xi’s economic thought has been and will continue to be the guiding principle for development in China for years to come, and have great significance for the world. What is Xi’s economic thought? What does it mean for China and the world? To answer these questions, the Global Times has launched this special
As the winter sun rises above the city of Jincheng, the pavilion called Sanhua (lit: scattered blossoms) is bathed in shining rays of light, looking as if it is trying to contend with the sun. Portrayed in a poem by renowned Chinese poet Li Bai, this scene took place during the Tang Dynasty (618-907) in what is today Chengdu, capital of Southwest China s Sichuan Province. Now, after more than 1,000 years, Chinese architects are working to restore this grand scene ahead of the 2024 World Horticultural Exposition.
In the past thousands of years, Chinese were always looking for a gentle Yellow River, and protecting the ecology and environment along the Yellow River has been a significant process. In the past years, the ecological conservation and high-quality development of the Yellow River Basin has seen significant development, the ecological condition of the basin improved greatly.