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News from China
Expert says China's economic, political development key to world stability
12th March 2018

 China's robust economic growth, broad international cooperation and steady domestic political situation are vital for the world's geopolitical stability, a Cuban expert has said.

 
Jose Luis Robaina, a scholar at Cuba's International Policy Research Center, told Xinhua in a recent interview that it is good for the world if China continues the path of stable development that stresses innovation and multilateralism.
 
"China plays an essential role in maintaining political and economic stability in the world," he said, adding that as long as China sticks to its current development model and foreign policy principles, "it will be a key factor in maintaining balance around the globe."
 
The expert spoke highly of China's remarkable economic growth, its increasingly active engagement in global affairs, the modernization of its armed forces, as well as the landmark achievement in lifting millions of people out of poverty.
 
"These characteristics are key to understanding where China is going," he said, adding that some Western countries tend to use economic cooperation as a leverage to foment political changes in other countries or compel them to make concessions.
 
Robaina appreciated China's commitment to high-quality economic growth, which the scholar hailed as a "smart move" by the country's top leadership.
 
"There is a central idea in the (government work) report that China is gradually moving to a high quality economy. A few years ago China's economic development was based on investment, export and foreign trade but it has begun to transform into one that focuses on domestic consumption and innovation," he said.
 
He also mentioned the 6.5-percent target for China's GDP growth in 2018, saying it is in line with the government's emphasis on the quality rather than quantity of its economic development.
 
The scholar also highlighted China's goal of lifting the rest of its poor above the government-designated poverty line by 2020, which he said is a goal that demonstrates Beijing's political will to build a prosperous society for the Chinese people.
 
He said "the whole (Chinese) population in general today lives better than ever before in many aspects," adding that China's poverty reduction efforts over recent years are "an unprecedented feat in history."  
 

Source: Shanghai Daily, March 12, 2018
China's Xiongan New Area welcomes foreign investment
6th March 2018
International companies which can meet the functional requirements of the Xiongan New Area are welcome, said He Lifeng, head of the National Development and Reform Commission on Tuesday.
 
He told a press conference on the sidelines of the ongoing annual session of the National People's Congress, China's national legislature, that the planning and construction of the new area have stepped into a new stage.
 
An administration has been set up and talent recruited from across the country, He said.
 
"Projects from the world over, which can meet requirements of the non-capital functions from Beijing and high-quality development, are welcome," said He.
 
He noted that major infrastructure projects had begun in the new area, including the construction of a rail link with Beijing. Travel time between Beijing and Xiongan will be 30 minutes.
 
Afforestation in the new area started in the winter, He added.
 
Xiongan New Area, established in April 2017, is a new economic zone about 100 kilometers southwest of Beijing in Hebei Province. It is the third new area of national significance after the Shenzhen Special Economic Zone and the Shanghai Pudong New Area.
Source: Shanghai Daily, March 6, 2018
China's Xiongan New Area welcomes foreign investment
6th March 2018
International companies which can meet the functional requirements of the Xiongan New Area are welcome, said He Lifeng, head of the National Development and Reform Commission on Tuesday.
 
He told a press conference on the sidelines of the ongoing annual session of the National People's Congress, China's national legislature, that the planning and construction of the new area have stepped into a new stage.
 
An administration has been set up and talent recruited from across the country, He said.
 
"Projects from the world over, which can meet requirements of the non-capital functions from Beijing and high-quality development, are welcome," said He.
 
He noted that major infrastructure projects had begun in the new area, including the construction of a rail link with Beijing. Travel time between Beijing and Xiongan will be 30 minutes.
 
Afforestation in the new area started in the winter, He added.
 
Xiongan New Area, established in April 2017, is a new economic zone about 100 kilometers southwest of Beijing in Hebei Province. It is the third new area of national significance after the Shenzhen Special Economic Zone and the Shanghai Pudong New Area.
Source: Shanghai Daily, March 6, 2018
China to do more to improve people's wellbeing
5th March 2018

 

 
China will do more to directly benefit the people, address their difficulties, and ensure that their basic living needs are met, Premier Li Keqiang said Monday.
 
"Our aim is to help people feel more satisfied, happier, and more secure," Li said when delivering a government work report at the opening meeting of the annual parliamentary session.
 
China will launch a new three-year renovation plan to address housing in rundown urban areas, starting with construction of 5.8 million units this year.
 
The premier reiterated that "houses are for living in, not for speculation."
 
"We will support people in buying homes for personal use, and develop the housing rental market and shared ownership housing," he said.
 
"We will step up efforts to supply public-rental housing so that all eligible low-income families struggling with housing, including eligible houseless first-time workers and migrant workers, are able to access public-rental housing under this scheme," he said.
 
The government will focus on boosting employment and business startups. China will strengthen employment services, launch a large-scale vocational skills training initiative and use the Internet Plus model to create new kinds of jobs.
 
With over 8.2 million college students graduating this year, reaching an all-time high again, the country needs to expand the channels for employment and support job creation through business startups, Li said.
 
Talking about the increase of people's incomes, he said the government will continue raising basic pension payments for retirees and basic pension benefits for rural and non-working urban residents while appropriately adjust minimum wages.
 
China will develop fair, high-quality education by promoting the integrated development of urban and rural compulsory education, significantly reducing the rural drop-out rate, moving faster to put an end to big class sizes in urban schools, and addressing the problem of heavy extracurricular burdens on primary and secondary school students, Li said.
 
The government will implement the Healthy China strategy, raise the basic medical insurance and serious disease insurance benefits.
 
Li said per capita government subsidies for basic health insurance for rural and non-working urban residents will be increased by 40 yuan (about US$6.3), half of which will be used for the serious disease insurance scheme.
 
To meet people's basic living needs, China will steadily raise urban and rural subsistence allowances, social assistance benefits, and benefits for entitled groups, according to the report.
 
The government will take proactive measures to tackle population aging, including developing at-home, community-based, and mutual-aid elderly care, promoting integrated medical and elderly care services, and improving the quality of services at senior care facilities.
 
"China will develop a new model of social governance based on collaboration, co-governance, and common gains," Li said. 
Source: Shanghai Daily, March 5, 2018

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