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SCIO briefing on accelerating development of Beijing into an international sci-tech innovation center in the spirit of the fifth plenary session of the 19th CPC Central Committee

Around China January 20, 2021

Official: Beijing to become model for new infrastructure construction

The Ministry of Industry and Information Technology plans to speed up the construction of 5G, industrial internet, and internet of vehicles in Beijing and help build the Chinese capital into a model for new infrastructure construction.
Around China January 20, 2021

Beijing looks to become world-class science hub

China is aiming to transform Beijing into an international science and innovation center by 2025, with hopes that the capital will become a world-leading hub for scientific research by 2035, officials said on Wednesday.
Around China January 20, 2021

Beijing to be built into int'l innovation hub: Officials

China is striving to build its capital Beijing into a global sci-tech innovation hub by 2025, said senior officials at a press conference on Wednesday.
Around China January 20, 2021

SCIO holds press conference on accelerating development of Beijing into international sci-tech innovation center

The State Council Information Office (SCIO) held a press conference in Beijing on Wednesday about accelerating development of Beijing into an international sci-tech innovation center in the spirit of the fifth plenary session of the 19th CPC central committee.
Economy January 20, 2021

SOE reforms, revamp receive fresh impetus

China plans to complete more than 70 percent of the tasks of its three-year (2020-22) action plan by the end of this year, further pushing forward the mixed-ownership reform and reorganization process in its State-owned enterprises, a senior government official said on Tuesday.
Diplomacy January 20, 2021

China welcomes expected US return to Paris accord

China welcomes the expected return of the United States to the Paris Agreement on climate change under the incoming new U.S. administration of Joe Biden, Foreign Ministry spokesperson Hua Chunying said Tuesday.
Economy January 20, 2021

China's central SOEs report rising profits in 2020 amid reforms

Despite disruptions due to the COVID-19 epidemic, China's centrally-administered state-owned enterprises (SOEs) reported profit growth in 2020 amid reforms to make their operations more efficient.
Around China January 20, 2021

China to attain advanced global standards in meteorology by 2035

China will further optimize its meteorological observation and forecasting operations in the coming years, raising its meteorological capabilities to the most advanced global standards by 2035, an official said Tuesday.
Economy January 20, 2021

China's 2020 per capita disposable income doubles from 2010 level

China's per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday.
Economy January 19, 2021

SCIO briefing on Chinese central SOEs' economic operation in 2020

The State Council Information Office (SCIO) held a press conference in Beijing on Tuesday about the economic operation of China's centrally-administered state-owned enterprises (SOEs) in 2020.
Economy January 19, 2021

China continues to cut debt-to-asset ratio of central SOEs

China has cut the average debt-to-asset ratio of its centrally-administered state-owned enterprises (SOEs) by 2 percentage points in three years, meeting its goal over the period, the state asset regulator said Tuesday.
Belt & Road January 19, 2021

Official: No major B&R projects suspended amid COVID-19

No major Belt and Road projects were suspended due to the COVID-19 pandemic, a spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council said at a press conference Tuesday.
Economy January 19, 2021

Profits of China's central SOEs grow 2.1% in 2020

The net profits of China's centrally-administered state-owned enterprises (SOEs) in 2020 increased 2.1% year on year to 1.4 trillion yuan (US$215.77 billion), according to an SCIO briefing Tuesday.
Economy January 19, 2021

Net profits of central SOEs grew in 2020

The net profit of China's centrally-administered State-owned enterprises grew by 2.1 percent year-on-year to 1.4 trillion yuan ($215.74 billion) in 2020, according to the country's State assets regulator.
Economy January 19, 2021

Debt-asset ratio of China's central SOEs falls in 2020

The debt-to-asset ratio of China's centrally-administered state-owned enterprises (SOEs) continued to head downward in 2020, achieving the country's deleveraging target for SOEs, official data showed Tuesday.
Economy January 19, 2021

SCIO holds press conference on Chinese central SOEs' economic operation in 2020

The State Council Information Office (SCIO) held a press conference in Beijing on Tuesday about the economic operation of China's centrally-administered state-owned enterprises (SOEs) in 2020.
Economy January 19, 2021

China's central SOEs see profits rise 2.1% in 2020

China's centrally-administered state-owned enterprises (SOEs) saw their combined net profits reach 1.4 trillion yuan (215.77 billion U.S. dollars) last year, up 2.1 percent year on year, official data showed Tuesday.
Economy January 19, 2021

Domestic consumption spurs economic recovery

Domestic consumption continued to gather speed as the country's steady recovery from the novel coronavirus epidemic lent further support to economic growth, officials and experts said on Monday.
Economy January 19, 2021

Manufacturing, high-tech investments to play key role

Investment will continue to play a key role in energizing the Chinese economy this year, with input into manufacturing and high-tech industries playing the lead role, experts said.
Economy January 19, 2021

Industrial output likely to see uptick in 2021

China's industrial output grew by 2.8 percent on a yearly basis in 2020, on the back of a strong performance in the high-tech and equipment manufacturing sectors, the National Bureau of Statistics said on Monday.
Economy January 19, 2021

Solid end to 2020, China's economy set for stronger rebound despite virus uncertainties

Beating expectations with a 6.5-percent growth in Q4, China's GDP expanded 2.3 percent year on year in 2020, exceeding the 100-trillion-yuan (15.42 trillion U.S. dollars) threshold for the first time.
Diplomacy January 19, 2021

Foreign ministry spokesperson Hua Chunying's regular press conference on Jan. 18, 2021

Here is the full text of foreign ministry spokesperson Hua Chunying's regular press conference on Jan. 18, 2021.
Diplomacy January 19, 2021

China to impose reciprocal sanctions on US individuals acting viciously over HK-related issues

In response to the erroneous actions of the United States, China has decided to impose reciprocal sanctions on U.S. executive officials, members of Congress and non-governmental organizations, who have performed viciously and take the main responsibility for the U.S. negative actions toward Hong Kong-related issues, a foreign ministry spokesperson said Monday.
Economy January 18, 2021

SCIO briefing on China's financial statistics 2020

The State Council Information Office held a press conference on Jan.15 in Beijing to brief the media about China's financial statistics in 2020.
Economy January 18, 2021

Videographic: China's economy in 2020

China's economy grew 2.3% year on year in 2020, with its GDP exceeding the 100-trillion-yuan threshold. Foreign trade reached 32.16 trillion yuan last year, up 1.9% year on year. For more, please check out this videographic.
Society January 18, 2021

China adds 11.86 million urban jobs in 2020, far above target

A total of 11.86 million new jobs were created in China's urban areas in 2020, surpassing its annual goal by 31.8%, according to an SCIO press briefing Monday.
Economy January 18, 2021

China's GDP grows tenfold in 20 years

China's GDP topped 100 trillion yuan in 2020, growing tenfold in 20 years. China is among the upper-middle-income countries, with a per capita GDP exceeding US$10,000 for the second straight year, accoridng to an SCIO briefing Monday.
Economy January 18, 2021

China's GDP tops 100 trillion yuan in 2020

China's gross domestic production (GDP) grew 2.3% year on year to 101.5986 trillion yuan in 2020, according to an SCIO press briefing Monday.
Economy January 18, 2021

China's industrial output up 2.8% in 2020

China's value-added industrial output, an important economic indicator, went up 2.8 percent year on year in 2020, data from the National Bureau of Statistics (NBS) showed Monday.
Society January 18, 2021

China's 2020 surveyed urban unemployment rate within target

China's job market remained stable in 2020, with the surveyed unemployment rate in urban areas standing at 5.6 percent, below the government's annual target of around 6 percent, data from the National Bureau of Statistics (NBS) showed Monday.

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