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Why orangutan population is decreasing

Disengagement of Sino-Indian front line troops and warming of economic ties

Based on the important consensus reached in the ninth round of Corps Commander-level talks between China and India, the front line troops of two countries started disengagement in a synchronized and organized way from both sides of the Pangong lake area on Feb 10. By Feb 19, India and China had already completed the pullback in Pangong lake area and the disengagement in other disputed areas will be further discussed in the following high-level military talks. The Sino-India economic and trade relations are warming up as military tensions between the two nations ease at the disputed border. According to the latest report from Reuters, Indian government is set to approve some greenfield investment proposals and it will also look to clear some brownfield projects which are considered non-sensitive in terms of national security after the first round of clearance to new investments. Besides, New Delhi is also considering allowing investments from Chinese companies through “Automated … [Read more...] about Disengagement of Sino-Indian front line troops and warming of economic ties

Solution to gender imbalance is gender equality

Editor's note: Shanxi-based expert Wu Xiuming has sparked a heated public debate by proposing that the large number of single men in rural areas be encouraged to "pair with" single women in urban areas. The gender imbalance in urban and rural areas has become a social and demographic problem. Two experts share their views with China Daily's Yao Yuxin on how to address this problem. Excerpts follow: Marriage is a matter of choice for many women That China has a serious gender imbalance is evident from the latest official data released in early 2020, which show that in 2019, there were more than 715 million men compared with 684 million women in the country. But to suggest that the gender imbalance problem can be addressed by "pairing" the single men in rural areas with single women in urban areas is unrealistic, because there is little similarity in the two groups' attitude toward life and thought process. Most of the single men in the countryside lack the quality and … [Read more...] about Solution to gender imbalance is gender equality

Curbing financial risks key to sustainability

Although China has largely contained the COVID-19 pandemic at home, it still faces the daunting task of maintaining steady growth in 2021. One way it could do so-and ensure long-term, healthy development of the real economy-is by optimizing financing and eliminating factors that could trigger financial risks. To begin with, China should promote financial reform and opening-up to develop a financial cooperation system that is diversified, and improve the risk prevention and control mechanism without relying too much on the indirect financing system. The development and reform of China's indirect financing system is in line with its long-term social and cultural development, with banks playing the main guiding role in the entire social credit system. Still, China needs to develop a cross-market and cross-sector financial cooperation system to prevent systemic risks in the financial sector that could trigger an inflation crisis forcing the country into the middle-income trap. Due to … [Read more...] about Curbing financial risks key to sustainability

China’s plan for inclusive future vital for region

This year, the agenda of the National People's Congress, China's top legislature, includes a critical item that is only discussed once every half a decade, a new five-year plan. The 14th Five-Year Plan (2021-25) is bound to be one of the most transformational plans since the founding of the People's Republic of China, as it departs from the emphasis on economic growth and restructuring that was characteristic of past plans to focus on the sustainability of growth and the quality of life. To this end, the 14th Five-Year Plan outlines renewed efforts to close the rural-urban income divide, promote innovation, and move faster toward low-carbon development. These objectives are reinforced by the longer-term perspective ingrained in China's Vision 2035, which lays down the path for China to become a moderately developed country by 2035 and a global leader in innovation. It also foresees domestic demand to be a main driver of future growth under the "dual circulation" development paradigm. … [Read more...] about China’s plan for inclusive future vital for region

China has potential to realize 2035 goal

The two sessions starting Thursday will discuss the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, which has drawn widespread attention at home and abroad since it was proposed by the top authorities in late October. According to the proposal, China is likely to become a medium-level developed country in terms of per capita GDP by 2035. As President Xi Jinping said in a statement on the proposal: "It is entirely possible for China to meet the current high-income countries' standards by the end of the 14th Five-Year Plan (2021-25) and to double the economic aggregate or per capita income by 2035." Nation on road to achieving target Economists have little doubt that China will become a high-income country, based on current standards, by the end of the 14th Five-Year Plan. According to World Bank criteria, a country with per capita gross national income of $12,535 is defined as a high-income … [Read more...] about China has potential to realize 2035 goal

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