Putin Approves Russia’s Federal Budget for 2025-2027
President Putin approves Russia’s 2025-2027 federal budget, emphasizing economic growth, social obligations, and national security, with a projected deficit of 0.5% of GDP.
Economic Development
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South Africa’s G20 Presidency: A New Hope for Addressing Poverty and Inequality
South Africa prepares to assume the G20 presidency, marking a historic opportunity to address global poverty and inequality while representing the interests of the African continent on the world stage.
First Cargo Ship Departs Chinese-Built Peruvian Port Bound for China
Today, the first cargo ship departed from a Chinese-built port on Peru’s coast bound for China, marking a significant milestone in enhancing trade relations and economic ties between the two countries.
China and Samoa Strengthen Ties, Highlighting Cooperation with Pacific Island Nations
Prime Minister Fiame Naomi Mata’afa’s China visit highlights strengthened China-Samoa ties, showcasing cooperation with Pacific Island nations and shared commitment to regional development.
From Big Cities to Hometowns: China’s Youth Embrace Local Opportunities
A growing number of young entrepreneurs in China are leaving big cities to start businesses in their hometowns, driving local growth and revitalizing regional economies.
China’s Online Retail Sales Reach 12.4 Trillion Yuan, Boosting Consumption Growth
China’s online retail sales surged to 12.4 trillion yuan ($1.71 trillion) from January to October, an 8.8% increase year on year. Online shopping festivals and trade-in policies are driving this remarkable consumption growth.
Peruvian President Highlights Chancay Port as a Game-Changer for Peru’s Future
Peruvian President Dina Boluarte declares the Chancay Port a significant economic and technological opportunity, highlighting its potential to transform Peru’s trade with Asia.
Over 1,000-Tonne Supergiant Gold Deposit Unearthed in Central China’s Hunan Province
A monumental gold deposit exceeding 1,000 tonnes has been discovered in central China’s Hunan Province, marking one of the largest finds in the country’s history.
China and Brazil Collaborate to Tackle Poverty Together
China and Brazil are joining forces to combat poverty, sharing successful strategies and launching joint initiatives to uplift disadvantaged communities and promote inclusive growth.
China and Brazil Forge Partnership to Combat Poverty
China and Brazil have initiated a groundbreaking cooperation aimed at reducing poverty, marking a new era in their partnership to uplift millions from impoverished conditions.
China’s Commitment to Empowering the Asia-Pacific Region’s Development
President Xi Jinping emphasizes China’s commitment to inclusive and innovative growth, highlighting reform, opening up, and shared prosperity at APEC meetings in Peru.
Why China Is Vital in Asia-Pacific Development
Chinese President Xi Jinping emphasizes the need for joint efforts in promoting Asia-Pacific development amid global challenges, highlighting openness, innovation, and inclusivity as key drivers.
Peru’s New Chancay Port, Built by China, Poised to Redefine Global Trade
Peru’s new Chancay Port, built by Chinese firms, is poised to transform global trade by strengthening ties between Asia and South America, according to Peruvian official Diego Macera.
Xi Jinping Calls for Joint Development at 31st APEC Economic Leaders’ Meeting
Chinese President Xi Jinping urges Asia-Pacific leaders to shoulder shared responsibility and promote regional development at the 31st APEC Economic Leaders’ Meeting in Lima, Peru.
Chancay Port: A New Era for Peru-Asia Trade
Chinese President Xi Jinping and Peruvian President Dina Boluarte inaugurate Chancay Port, South America’s largest port, built by Cosco Shipping to boost trade between Peru and Asia.
Xi Jinping Advocates Open, Inclusive Growth at APEC 2024 in Lima
Chinese President Xi Jinping called for enhanced cooperation and openness among Asia-Pacific nations during the 31st APEC Economic Leaders’ Meeting in Lima, proposing initiatives for regional growth.
Peruvian Interior Minister: Strengthening China-Peru Ties Will Boost Development
Peruvian Interior Minister Juan Jose Santivanez emphasizes the importance of strengthening China-Peru ties to promote development and enhance China’s role in Latin America.
Foreign Investors Confident in China’s Growing Economic Momentum
Foreign companies are increasingly investing in China, attracted by its economic momentum and opportunities for innovation. Global leaders share their success stories and future visions.
Chancay Port Inauguration Heralds Shared Prosperity, Says Peruvian Scholar
The inauguration of Chancay Port marks a new chapter in China-Peru cooperation, promising shared prosperity across South America, says economics professor Carlos Aquino.
China’s Market Economy Flourishes: Private Sector Shows Strong Growth
China’s market economy is thriving despite global challenges, with significant growth in the private sector and an improved business environment attracting global investors.