During China's annual political gathering referred to as the "two sessions," Wang Kuiran, a prominent official from Xinjiang, asserted that the region's textile industry is experiencing substantial growth despite ongoing US sanctions. Wang emphasized the development of a comprehensive medium to long-term plan aimed at bolstering Xinjiang's textile and garment sector, highlighting the government's intent to provide legal support for businesses affected by American trade restrictions. Wang's remarks came during a session of the Xinjiang delegation at this paramount event, where both national legislative and advisory bodies convene to address policy reviews and establish the yearly agenda. The discussion surrounding... [Continue Reading]
The prime ministers of South Korea and Singapore will be among the world leaders attending this month’s Boao Forum for Asia, three sources said, adding to a growing string of leaders from developed economies who have visited China this year. The annual conference is scheduled to be held in Boao, Hainan province, from March 24 to 27, its organiser announced earlier. Singaporean Prime Minister Lawrence Wong Shyun Tsai’s most recent trip to China was in June, when he met President Xi Jinping and... [Continue Reading]
China’s most powerful economic regions – the Yangtze River Delta and the Greater Bay Area – are racing to meet President Xi Jinping’s call for breakthroughs in core technologies including artificial intelligence, as Beijing maps out priorities for the coming 15th five-year plan during the “two sessions”. As part of the annual meeting on Friday, provincial and municipal leaders of Zhejiang province outlined an ambitious strategy to become a key area of AI development and cement the province’s... [Continue Reading]
President Xi Jinping urged China’s major provincial economies to take the lead in technological innovation and strengthen their resilience to external shocks over the next five years, as part of the annual meeting of the National People’s Congress (NPC) – the country’s top legislature – which began in Beijing on Thursday. Addressing deputies from the eastern province of Jiangsu, Xi said the region should be at the forefront of developing “new quality productive forces” – the emerging industries... [Continue Reading]