President Xi Jinping sent a congratulatory letter to the fifth annual conference of the Taihu World Cultural Forum, which opened on Thursday in Beijing.

The development of world economy proves that anti-globalization would only lead to stagnation.

Chinese Vice Premier Liu He said Friday many factors have caused obvious stock fluctuations and declines in China recently.

Growth in the third quarter was 6.5 percent, down from 6.8 percent in the first quarter and 6.7 percent in the second quarter, according to the National Bureau of Statistics (NBS).

As of this September, Chinese firms have invested $36.63 billion in 113 overseas economic and trade cooperation zones in 46 countries.

Online shopping has become the new favorite past time of China’s older generation, with 92 percent preferring to shop online with their smartphone.

People’s Daily Online is looking for full-time English-speaking editors. The openings are based in Beijing.