Business
China's fixed-asset investment went up 19.9 percent year on year in the first four months of this year, data from the National Bureau of Statistics showed Monday.
The promising performance of China's trade in services in the first quarter demonstrated the strong growth momentum of the country's economy in terms of high-quality development, officials and analysts said.
As China endeavors to peak its carbon emissions by 2030 and achieve carbon neutrality by 2060, the country's steel industry, one of the main carbon emitters, is undergoing a new round of technological innovation and operational reforms.
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One of the key misunderstandings of China's new development paradigm of "dual circulation" has been that the world's second-largest economy is withdrawing to its domestic market and shying away from the world. Quite the opposite, Beijing continues to facilitate its huge domestic market to foreigners and the China International Consumer Products Expo is a good example.
With the COVID-19 pandemic still raging and the world economy continuing to drag, the first China International Consumer Products Expo (CICPE) has offered a stage on which enterprises can release new products and services in diverse areas, while tapping the development potential of the Hainan Free Trade Port (FTP) and the whole Chinese market.
The Chinese economy has entered a stage of high-quality development, and the southern province of Hainan is spearheading the country's efforts to establish its new development paradigm.
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