Li Zhanshu, chairman of the National People’s Congress (NPC) Standing Committee, holds talks with Madagascar parliament speaker Christine Razanamahasoa via video link at the Great Hall of the People in Beijing, capital of China, May 19, 2021. (Xinhua/Shen Hong) China’s top legislator Li Zhanshu held talks with Madagascar parliament speaker …
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Chinese-built port in Kenya’s Lamu to spur regional trade: officials
Kenya’s Lamu seaport built by a Chinese firm that is set to be launched on Thursday will pave way for seamless movement of goods in the greater Horn of Africa region, officials said Tuesday. The first phase of the Lamu port project consisting of three berths, constructed by the China …
Read More »Chinese vice premier calls for resuming development momentum in Africa
Chinese Vice Premier Han Zheng on Tuesday called for the resumption and continuation of the development momentum in Africa in the face of the COVID-19 pandemic. Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks when …
Read More »Kenya’s coastal players eye East Africa to revive conference tourism
Tourism industry stakeholders in Kenya’s coastal region, one of the country’s key tourist attractions, said Tuesday they are targeting the East African Community for meetings, incentives, conferences and exhibitions (MICE) market which has been severely hit by the COVID-19 pandemic. Hasnain Noorani, chairman of the Kenya Coast Tourism Working Group, a …
Read More »The second world digital economy and digital trade conference between China and the Belt and Road countries
ByHanane Thamik The launching ceremony of the second World Digital Economic and Digital Trade Conference was held in Beijing China World Hotel. The second World Live E-commerce Conference, the first China-Arab Digital Economy and Digital Trade Conference, and the first China-Arab states Digital-friendliness Investment Summit were launched simultaneously. The theme …
Read More »African countries hope to secure badly needed lending in Paris
AFRICAN ECONOMY African and European leaders, as well as heads of multilateral lenders and institutions, will meet in Paris on Tuesday to try to find new solutions to financing Africa’s development needs. The “Summit on Financing African Economies” will be hosted by French President Emmanuel Macron. The International Monetary Fund …
Read More »China still priority market for US firms
By Zhong Nan A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] China remains a priority market for companies from the United States, and wholesale decoupling of the US and Chinese economies is in neither country’s economic interest, according to a business …
Read More »Western media thrashes against the decline of its narrative monopoly
By Andrew Korybko The New York Times ran a scaremongering piece on Sunday speculating about the nefarious intentions of China’s growing media presence across the world. Titled “When Covid Hit, China Was Ready To Tell Its Version Of The Story”, the article is partly based on an upcoming report to …
Read More »Why China’s leadership model enables quick solutions
Editor’s note: “Roots of China’s Growth” is a 10-episode series marking the centenary of the founding of the Communist Party of China (CPC), which has presided over the country’s meteoric rise as a global power. The series focuses on 10 fundamental elements of the strategy that has led to China’s transformation …
Read More »AfDB to invest $3bn in Africa’s pharmaceutical industry
The African Development Bank (AfDB) has said it would invest 3 billion dollars to build Africa’s pharmaceutical industry in the next 10 years. President of the AfDB, Dr Akinwumi Adesina, said this at a virtual Finance in Common Spring Meeting convened in collaboration with the Association of African Development Finance …
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