Aerial photo taken on July 30, 2021 shows a view of the Gezhouba Dam on the Yangtze River in Yichang, central China's Hubei Province. (Xinhua/Xiao Yijiu)BEIJING, Jan. 5 (Xinhua) -- Six years after China made the development of the Yangtze River Economic Belt a national strategy, the country has taken great strides in balancing economic growth and environmental protection in the region.The gross domestic product of the region, covering nine provinces and two municipalities, amounted to 38.26 trillion yuan (about 6 trillion U.S. dollars) in the first three quarters of 2021, up 10.6 percent f...
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-- The world's largest free trade pact, the Regional Comprehensive Economic Partnership (RCEP) agreement, entered into force Saturday to provide a tailwind for the region's post-pandemic recovery and a catalyst for global economic progress, bringing a ray of hope.-- Given its size and terms, the RCEP is widely expected to bolster regional trade and investment flows, and boost economic integration and prosperity in the region and beyond.-- At a time when the benefits of free trade and globalization are being questioned, the RCEP's rollout marks 'a victory for multilateralism and...
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BEIJING, Jan. 4 (Xinhua) -- The entry into force of the Regional Comprehensive Economic Partnership (RCEP) agreement is a major victory for multilateralism and free trade, a Foreign Ministry spokesperson said Tuesday.Spokesperson Wang Wenbin made the remarks at a daily news briefing when asked to comment on the RCEP's rollout, noting that China will work with all parties to take an active part in the RCEP's institution building while making positive contributions to regional prosperity and global economic recovery.Noting that the RCEP is the world's largest free-trade pact, he said...
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XI'AN, Dec. 29 (Xinhua) -- Over a year ago, China declared to the world that it would strive to peak its carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. Behind this solemn commitment, a wide-ranging and profound economic and social transformation has taken shape.Various levels of government are adopting low-carbon policies tailored to local conditions, and industries are exploring their own green development paths, making concerted efforts to achieve the ambitious goals.GREEN HEATINGIt was a freezing midwinter day in Xi'an, capital of northwest China'...
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BEIJING, Jan. 2 (Xinhua) -- Soon after midnight on New Year's Day, a freight train departed from south China's Guangxi Zhuang Autonomous Region for Vietnam, a member country of the Regional Comprehensive Economic Partnership (RCEP).The RCEP -- the world's largest free trade deal -- came into force on Saturday.The X9101 train carried electronics, daily necessities and chemical products worth more than 10 million U.S. dollars. It is expected to reach Hanoi in 28 hours after leaving Nanning, the regional capital of Guangxi.Also on early Saturday, 5.6 tonnes of imported reflective film...
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