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China's voice on August 24, 2012

(People's Daily Online)

09:14, August 24, 2012

China's voice on August 24, 2012

China to cooperate with Russia in WTO: FM

China is ready to increase cooperation with Russia under the framework of the World Trade Organization (WTO), the Foreign Ministry Spokesperson's Office said on Thursday.

Russia's accession to the WTO will enhance representation of the organization and inject new vitality to the multiple trade system, the office said. It added that China is willing to share experiences with Russia.[Read More]

New Silk Road has potential for global significance

Many leading economists in Dubai believe that the growing ties between China and the oil-rich Gulf Arab states have the potential to expand further and to withstand global economic shocks.

When Chinese Prime Minister Wen Jiabao paid a landmark state visit to the United Arab Emirates (UAE) in January this year, the Gulf state's President H. H. Sheikh Khalifa Bin Zayed Al Nahyan said "The UAE has the sincere desire to bolster its relations of cooperation with China in pursuit of more progress and development in both countries and further stability in world economy."[Read More]

Government reforms will decide China's future

The choice of south China's Guangdong province as the site of pilot reforms designed to streamline the country's administrative examination and approval system indicates that the Chinese government has doubled its efforts to reform itself in the face of potential growth plateaus.

With its per capita gross domestic product hitting 7,000 U.S. dollars a year, Guangdong is one of a few developed Chinese regions facing the middle income trap.[Read More]


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