sformation from high-speed economic growth to high quality development, its econo my has reached a period of significant strategic opportunity. By 2035, China is e xpected to achieve socialist modernization with its per capita GDP reaching 35,000 int ernational dollars in terms of purchasing power parity (PPP). While the United States reached that level in 198 8, Germany, France, the United Kingdom and Japan did so in 1998, 2001, 2003 and 2004, respectively. But to realize that goal, China has to solve several significant long-term problems. First, it has to mai ntain high total factor productivity (TFP), which at present is only 43 percent thatRead More →

  fter South Korea’s NIS reported that parts of the Yongbyon nuclear complex, including the re actor that is believed to produce weapons-grade plutonium, have not been active since the beginning of 2019.   The International Atomic Energy Agency announced similar findings earlier this week. The organization’s gen eral director, Yukiya Amano, said Monday the agency has not observed activity at several important facilities at Yo ngbyon but did see “indications of the ongoing use of the reported centrifuge enrichment facility.”   38 North said shortly before the summit that there was no indication that the site’s plutonium production reactor was operating. A post in January said thatRead More →

Korea produces fissile material for nuclear weapons, but experts have long believed North Korea operates a series of covert sites that contribute to its ballistic mis sile and nuclear weapons program. Trump appeared to hint at the existence at least one of those during his news con ference following the Hanoi summit, a second uranium enrichment plant. South Korean lawmaker Lee Eun-jae’s off ice said that an “additional uranium facility” was discussed during the Hanoi summit. While it’s unclear what or where this site is, a tea m of North Korea open-source analysts published findings in the online news site The Diplomat in July revealingRead More →

ue the set course of opening-up, so as to maintain domestic growth momentum and contribute more to the world economy. China will step up efforts to diversify export markets and actively expand im ports, Li said. To better attract foreign investment, China will further relax controls over market access, shorten the ne gative list for foreign investment, and permit wholly foreign funded enterprises to operate in more sectors, Li added. The country will further align the policies with international trade rules, enhance policy transparency and consistency in imple mentation, and create a fair market environment where Chinese and foreign companies are treated equally, Li said.Read More →

between the Palace Museum and Hong Kong. In 2017, a project was launched in West Kowloon, Hong Kong, to build a new museum for displaying collections from the Palace Museum. According to Carrie Lam Cheng Yuet-ngor, chief executive of the Hong Kong Special Administ rative Region, the project is developing smoothly. She said at Saturday’s donation ceremony in Bei jing that the foundation of the new museum has been completed, and the upper construction is to begin soon. Lam revealed that part of the donation from the Ng Teng Fong Chari table Foundation will be used to train Hong Kong expertise on the restoration ofRead More →

hina may still have a long way to go before it has the space capabilities depicted in the sci-fi blockbuster The Wandering Earth. Yet it has undoubtedly made remarkable progress over the past decades. And it is China’s consistent policy to undertake its space program only for scient ific and technological progress, and to exploit space resources for peaceful purposes, a posi tion that was again accentuated by Wu Weiren, chief designer of China’s lunar exploration program. A member of the 13th National Committee of the Chinese P eople’s Political Consultative Conference, Wu said prior to the opening of the country’s top political advisory body’sRead More →

ted the talks with a down-to-earth attitude without getting too obs essed with their differences and thus have been able to make substantive progress. Cooperation benefits both, confrontation hurts not just both, but also the entire world. This, among other things, is an inherent part of the broad picture of Sino-US relations. Given the impact both economies have on the world economy and their bilateral relations on the world political situation, it is imperative the politicians of both coun tries adopt a global perspective when making policies concerning bilateral ties. Keeping the bigger picture in mind and adopting a global perspective will enable them toRead More →

  On Jan 24, an album, titled China Music House-Kung Hei Fat Choi, was released online as the result of the project.   Six classic Chinese folk music pieces, including Bai Niao Chao Feng (Birds Paying Homage t o the Phoenix), which features the traditional Chinese musical instrument, the suona, have been ada pted and performed by Chinese musicians, including suona player Chen Baoli and erhu player Guo Gan.   Meanwhile, Lu Zhongqiang, the founder of 13 Month Cu ltural Communication, says that besides Chinese musicians, more than 30 mus icians from about 10 countries, including Poland, France and Cuba, have worked on the album.   In the pastRead More →

What did I know about Chinese culture or festivals before moving to Beijing? Growing up in the United States, it was m ostly stereotypical nonsense seen in reruns of old Charlie Chan movies on TV. As an adult, I have really enjoyed watching Jackie Chan kick the living daylights out of the bad guys i n the world, but there hasn’t been much exposure to genuine Chinese experiences, especially in my adopted hometown of Birmin gham, Alabama. There, in the heart of the South, Chinese are few compared with the majority white and Af rican-American population. The total Asian population was 2,152 last year, accordingRead More →

in the US where she lived before moving to Birmingham 13 years ago. When she arrived, different groups of Asians were celebrating the holiday on their own, and she thought it would be great to share New Year’s traditions with the wider community. “We wanted to share with Americans,” Schwab said. “I feel our heritage is something we need to tell others about.” At the first gala in 2006, “we Chinese came together” and organized it wi th help from a primary corporate sponsor, Alabama Power Co, along with the Bir mingham mayor’s office, the public library and other city departments, which pitched in andRead More →