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China s H1 foreign trade hits new high, signs of slower growth in H2 not cause for concern
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Trade with US up 45 7% in H1, highest rate among China s major partners
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Didi crackdown shows China s data flow vs data security dilemma — Quartz
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From:ChinaDaily | 2021-07-05 07:14
China s steady economic recovery from the impact of COVID-19 has effectively stabilized global investment and cushioned Asia from the hit of the pandemic, experts said.
However, going forward more efforts will be needed to energize domestic manufacturing investment and consumption and stabilize trade.
A report released in June by the United Nations Conference on Trade and Development showed that global flows of foreign direct investment had suffered a heavy blow from the pandemic.
Global FDI flows fell by 35 percent in 2020, to $1 trillion from $1.5 trillion the previous year, the report said. In particular, FDI to developed economies slumped by 58 percent year-on-year, mainly due to pandemic-induced investment obstructions. Lockdowns slowed down existing investment projects, while the prospect of a recession led multinational enterprises to reassess new projects, the report said.
Young people make their commitment to national rejuvenation By ZOU SHUO | China Daily | Updated: 2021-07-02 07:45 Share CLOSE Representatives of the Chinese Communist Youth League members and Young Pioneers salute the CPC and express commitment to the Party s cause at a ceremony marking the CPC centenary at Tian anmen Square in Beijing, July 1, 2021. [Photo/Xinhua]
The future belongs to the young people and our hopes also rest with them , Xi Jinping, general secretary of the Communist Party of China Central Committee, said on Thursday.
Xi, who is also Chinese president and chairman of the Central Military Commission, made the remarks in Beijing at a ceremony marking the centenary of the CPC.