Features

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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S. Africa reiterates calls for Africa to be included as UNSC permanent member

South Africa on Wednesday reiterated its call for an African country to be included in the United Nations Security Council (UNSC). Deputy Minister of International Relations and Cooperation of South Africa Alvin Botes made the remarks at a symposium to reflect on the role South Africa plays in fostering multilateralism …

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UN report predicts stronger world economic growth with robust rebounds in China, U.S.

Visitors try rowing machines in an exhibition hall of the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province, May 7, 2021. (Xinhua/Zhang Liyun) A UN report revised its forecast for China from 7.2 percent to 8.2 percent; and for the United States from 3.4 …

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