Tag #China

usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Opens Service Sectors to Macao to Diversify Economy

China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.

Progress

16% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move

The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...

Progress

32% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Huanghuai University's Tech Prevents Landslide Casualties, Saves Millions

Huanghuai University's high-tech achievements in landslide prediction successfully prevented casualties in two Shaanxi landslides (July 2022 and September 2023), and its industry collaborations saved enterprises over 300 million yuan.

Progress

40% Bias Score

Good Health and Well-being
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China and India Agree on Six Points to Resolve Border Dispute

China and India reached six points of consensus on Wednesday to resolve their border dispute, including plans to resume Indian pilgrimages to Tibet, signifying enhanced cooperation and a shift towards a more collaborative relationship.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Logistics Plan to Boost Manufacturing Competitiveness

China plans to reduce logistics costs from 14.4% to 13.5% of GDP by 2027, focusing on rail freight expansion, multimodal transport integration, and aligning industrial clusters with logistics hubs to boost manufacturing competitiveness and supply chain resilience.

Progress

44% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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Xi Commends Macao's Chief Executive for Economic Success and Stability

President Xi Jinping praised Macao Chief Executive Ho Iat-seng for his five-year term, noting economic growth from a \$6.23 billion GDP in 1999 to \$46.7 billion in 2023 and a surge in tourism from 7 million to over 32 million visitors, all while upholding the "one country, two systems" principle.

Progress

60% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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COP29 Sets New Climate Finance Goal; China's Role Debated

COP29 in Baku set a new climate finance goal of at least \$300 billion annually, with developed countries taking the lead; China's climate finance contribution averaged nearly \$4.5 billion yearly (2013-2022), though the quality and transparency of this finance is debated.

Progress

32% Bias Score

Climate Action
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Targets 5 Percent GDP Growth in 2025 with Proactive Fiscal and Monetary Policies

China aims for 5 percent GDP growth in 2025, employing a more proactive fiscal policy with a potential 4 percent deficit and a moderately loose monetary policy involving interest rate cuts to counter economic challenges.

Progress

40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Completes Uzbekistan Highway Upgrade, Boosting Belt and Road Initiative

China Railway 20th Bureau Group Corp finished upgrading Uzbekistan's A380 highway, a key Belt and Road Initiative project, improving its four lanes and concrete surface, increasing speed limits to 120kph, and enhancing regional connectivity and economic growth.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Real Estate Market Shows Early Signs of Recovery Despite Persistent Weakness

In 2024, China's real estate market experienced a decline in sales and housing prices despite policy easing measures; however, recent initiatives focusing on urban village redevelopment, credit support, and relaxed restrictions are showing early signs of improvement, particularly in first-tier citie...

Progress

36% Bias Score

Sustainable Cities and Communities
global.chinadaily.com.cn
🌐 85% Global Worthiness
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China Targets 5 Percent GDP Growth in 2025 with Proactive Economic Policies

China plans a 5 percent GDP growth target for 2025, implementing proactive fiscal and monetary policies including a potential 4 percent GDP deficit and interest rate cuts to counter economic challenges and boost domestic demand.

Progress

24% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 85% Global Worthiness
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US Citizen Pleads Guilty to Acting as Chinese Agent

A naturalized US citizen, Chen Jinping, pleaded guilty on Wednesday to conspiring to act as an agent of the Chinese government, admitting to removing an online article critical of China in 2022; he faces up to five years in prison and is part of a wider investigation into alleged Chinese police stat...

Progress

44% Bias Score

Peace, Justice, and Strong Institutions