China's urban surveyed unemployment rate stood at 5.9 percent in May, a figure close to the highest level of 6.2 percent registered in February 2020 when the COVID-19 pandemic broke out in the country, leading to the lockdown of Wuhan, which first reported the outbreak of the ...
The world today is undergoing profound changes. First, the world is becoming more multipolar, as the developing countries increase their share in the global economy. Second, economic globalization continues to advance despite headwinds, while multilateralism is guiding reform ...
In recent years, consumer demand has played an increasingly important role in driving China's economic growth.But according to the World Bank, China's consumption rate is lower than that of other major economies in the world.China's consumption rate, which……
Citing the forecast by the United Nations’ Population Division, recently published Green Book of Population and Labor (2019) edited by Institute of Population and Labor Economics, the Chinese Academy of Social Sciences announced that China’s population will reach its peak in...
While some state leaders and politicians exhibit strong anti-globalization tendencies, it is time to review the history of economic globalization and understand why we should rescue globalization, and how we can rescue it through global governance.
China may have lagged in the First Industrial Revolution, the Second Industrial Revolution, Globalization 1.0, and even Globalization 2.0, but it has fully leveraged the opportunities presented by Globalization 3.0,deepening its reform and opening up since the 1979 to catch up...
Chinese philosopher Confucius said: "At 70, I am able to follow what I desire and not deviate from what is right." Applying this to China's 70-year economic development implies that the nation has found the way to achieve its goals.
As a positive response to the Chinese central leadership's promoting of common prosperity, some large-scale enterprises, particularly the big tech companies, have proposed the action of technology for good. This is welcome, but I prefer to advocate innovation for good, because...
