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Former U.S. executive shares 30 years experience in China
Former American executive Mark Atkeson shares insights from his 30 years in China, discussing the significant role of the private sector, the state of the electric vehicle industry, and advocating for reduced government control.2024/04/11 18:16 -
China’s defense budget sees 7.2% increase
China announces a 7.2% increase in its defense budget for the year, reaching 1.67 trillion yuan (US$231 billion), signaling significant military expansion. Comparatively, this figure dwarfs Taiwan’s budget, amidst global rises in military spending.2024/03/06 17:54 -
China targets 5% GDP growth in Premier Li Qiang’s report
The second session of the 14th National People’s Congress in China opened with Premier Li Qiang setting a GDP growth target of around 5%. Last year’s GDP growth was 5.2%, ranking among the top of the world’s major economies. Li outlined key development goals, including job creation and environmental improvements. The premier acknowledged challenges in China’s economic recovery, emphasizing the need for effective demand. The decision to discontinue post-congress press conferences by the premier has raised speculation about policy transparency.2024/03/05 16:05 -
China’s Premier sets economic, diplomatic goals at NPC
The 14th National People’s Congress in Beijing saw Premier Li Qiang deliver his first government work report, emphasizing the "One China" principle and opposing "Taiwan independence." The report highlighted progress in military and national defense construction, with no press conference held this year. Plans include boosting employment opportunities and achieving 5% GDP growth. Last year, China’s economy showed recovery with a 5.2% GDP increase.2024/03/05 14:47