China News

China-U.S. interactions have lately forged ahead and hence some common understandings, signifying positive development towards a detente between the world's two largest economies.

Yet, it is important to stay lucid and recognize that given the various challenges in China-U.S. relations, a significant detente is not a business that can be undertaken in a day or swiftly achieved by a mere command of the will.

Their political, economic as well as people-to-people exchanges have sunk to their nadir in decades, owing largely to the major misconceptions in America's China policy and its consequential moves.

China published a regulation on Sunday concerning the supervision and administration of private investment funds, the country's first administrative regulation on the sector, marking the latest move to safeguard the healthy development of the industry and protect investors.

The regulation, with 62 items in seven chapters, will come into effect on Sept. 1, 2023, the State Council said in a statement.

The regulation aims to encourage the standardized and healthy development of the private investment fund industry, better protect the legitimate rights and interests of investors, and encourage the industry to further play a role in serving the real economy and promoting scientific and technological innovation.

China's consumer price index (CPI), a main gauge of inflation, came in flat in June compared with the same period last year, the National Bureau of Statistics (NBS) said Monday.

The figure was lower than the 0.2-percent increase in May.

In breakdown, food prices rose 2.3 percent from a year earlier while prices of non-food items edged down 0.6 percent year on year.

On a monthly basis, the prices were slightly down by 0.2 percent.

"In June, the CPI was generally stable," said NBS statistician Dong Lijuan.

Chinese President Xi Jinping on Monday sent a congratulatory letter to the first high-level conference of the Forum on Global Action for Shared Development.

In his letter, Xi said transformation of the world unseen in a century is unfolding at a faster pace, the world economy is struggling to recover and the global development agenda is facing challenges.

"To build consensus on cooperation and promote common development, I have put forward the Global Development Initiative in order to help accelerate the implementation of the UN 2030 Agenda for Sustainable Development, and I am pleased to see that with the joint participation of all parties, cooperation on the Global Development Initiative has yielded important early results and benefited many developing countries," Xi said.

Chinese President Xi Jinping on Monday sent a congratulatory letter to the first high-level conference of the Forum on Global Action for Shared Development.

In his letter, Xi said transformation of the world unseen in a century is unfolding at a faster pace, the world economy is struggling to recover and the global development agenda is facing challenges.

"To build consensus on cooperation and promote common development, I have put forward the Global Development Initiative in order to help accelerate the implementation of the UN 2030 Agenda for Sustainable Development, and I am pleased to see that with the joint participation of all parties, cooperation on the Global Development Initiative has yielded important early results and benefited many developing countries," Xi said.

Taiwan people's dream of better livelihoods and their aspiration to communicate with the Chinese mainland after three years of COVID-19 will prominently figure during the region's leadership election in 2024, experts from both sides of the Taiwan Strait said.

The ruling Democratic Progressive Party's war rhetoric with emphasis on confronting the mainland is gradually running out of steam, as people's dissatisfaction over the DPP's seven-year governance is increasing, they said.

This photo taken on May 12, 2023 shows the Lhalu wetland in Lhasa, southwest China's Tibet Autonomous Region. (Xinhua/Jiang Fan)

In front of a carving on the peaceful liberation of Tibet, Dainzin Lhamo, 58, was lost in a sea of memories.

"Reflecting upon the past, one cannot help but acknowledge that it was the peaceful liberation of Tibet over 70 years ago that paved the way for the blissful life we enjoy today," she said.

Chinese President Xi Jinping (C) inspects the Xiong'an New Area scheme in Anxin county of Baoding city, north China's Hebei province, Feb 23, 2017. (Photo by Lan Hongguang/Xinhua)

Boasting a civilization spanning more than 5,000 years, China is home to many thousand-year-old cities. According to incomplete statistics, 30 cities in China were built over 2,000 years ago, and 142 cities have been officially designated as national historical and cultural cities.

The history of cities represents the evolution of human civilization, a truth that holds universally without exception. Then, in the 21st century today, can a country design and build a "city of future" with lasting importance for the millennium to come?

This aerial photo taken on April 25, 2023 shows a view of the Yongning Gate of the ancient city wall in Xi'an, northwest China's Shaanxi Province. (Xinhua/Liu Xiao)

* Founded about 3,100 years ago, Xi'an, which is today the capital of China's Shaanxi Province, served as the capital for 13 dynasties in Chinese history. This is also the place where Zhang Qian began his journey to the Western regions via Central Asia during the Western Han Dynasty (around 202 BC-AD 25) with his envoys. This expedition eventually led to the opening of the Silk Road.

Uzbekistan and China have been actively cooperating in the cultural field in recent years, continuing their millennia-old friendship and exchanges between Silk Road civilizations, said a senior scholar from Uzbekistan's Academy of Sciences.

"Uzbekistan and China have been close partners on the Silk Road throughout history and established long-standing and stable economic and trade relations," Abdullayev Masharib Saydamatovich, deputy director of the Center for Promotion of Science at Uzbekistan Academy of Sciences, told Xinhua in a recent interview.