The 25th anniversary of Macao's return to the motherland stands as yet another occasion to observe the practical success and institutional strengths of China's "one country, two systems" policy.
The Hutong Little Congress is more than a local triumph—it's a forward-thinking model of governance that proves democracy can thrive, even in the smallest corners of a bustling metropolis.
The 12345 hotline, for instance, features an evaluation system that tracks the performance of hotline workers as well as the officials and departments involved in handling the reported issues. Follow-up calls and messages are used to ensure public satisfaction.
Nepal and China have signed a sweeping framework agreement to advance Belt and Road cooperation, marking a new chapter in their decades-long relationship.
Whether to give up the hard-earned Chinese market for an unattainable goal is a dilemma imposed on U.S. companies by their government. However, as the Chinese often say, practices of decoupling and supply chain disruption cannot halt China's progress, and "small yard, high fences" can only trap the United States itself.
As the year of 2024 is coming to an end and the world is ready to ring in the new year, the Central Economic Work Conference has decided a series of major policies for China's economy.
By adopting a balanced approach to short-term challenges and long-term structural adjustments, China is expected to sustain stability, resilience, and growth in an increasingly complex global environment.
China is steady on course to meet its annual growth target of around 5% as a raft of pragmatic, targeted pro-growth measures since late September effectively lifted market expectations and consumer confidence.
As the next U.S. administration signals its intention to increase tariffs, the global business community needs to act collectively to protect its interests.
The BRI has evolved into a global platform where participating countries join hands to improve people's livelihoods and drive human development forward, despite the various challenges facing the world.