BEIJING, Aug. 17 (Xinhua) -- President Xi Jinping Tuesday stressed efforts to promote common prosperity in the pursuit of high-quality development and coordinate work on forestalling major financial risks. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks at the tenth meeting of the Central Committee for Financial and Economic Affairs. He is also head of the committee. Common prosperity is an essential requirement of socialism and a key feature of Chinese-style modernization, Xi said, calling...
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Jeff Bezos's space firm Blue Origin is suing Nasa over a decision to award a $2.9bn lunar lander contract to Elon Musk's SpaceX. The former Amazon boss's firm said there were 'fundamental issues' with the deal, calling it unfair. In a court filing on Friday, Blue Origin said it continued to believe that two providers were needed to build the landing system, which will carry astronauts down to the Moon's surface as early as 2024. It also accused Nasa of 'unlawful and improper evaluation' of its proposals during the tender process. 'We firm...
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BEIJING, Aug. 17 (Xinhua) -- 'Afghanistan was the ultimate nation building mission ... and we had a moral obligation to leave behind something better,' wrote former U.S. President George W. Bush in his memoir, introspecting on the motives for ordering the invasion of Afghanistan in 2001. As the United States pulls out, 20 years of what Washington called 'nation building' is crumbling before the eyes of the world. And death, bloodshed and a tremendous humanitarian tragedy are what the United States has truly left behind in Afghanistan, which is vividly exemplified by some A...
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BEIJING, Aug. 16 (Xinhua) -- A compilation of discourses of Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on China's new development stage, new development philosophy, and new development paradigm has been published by the Central Party Literature Press. The book includes 72 articles by Xi, also Chinese president and chairman of the Central Military Commission. It was compiled by the Institute of Party History and Literature of the CPC Central Committee. Some of the discourses were made public for the first time. Focusing on the new s...
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BEIJING, Aug. 16 (Xinhua) -- China's economy maintained its recovery streak in July, despite challenges posed by the resurgence of COVID-19, extreme weather and external uncertainties. China's industrial production continued its expansion, with the value-added industrial output, which measures factory activities, rising 6.4 percent year on year in July, according to the National Bureau of Statistics (NBS). The figure was up 11.5 percent from July 2019, bringing the average growth for the past two years to 5.6 percent, NBS data shows. During the January-July period, China...
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