For China to overcome the "transition trap" and achieve sustainable economic development, the hypothesis presented by Professors Acemoglu and Robinson in their co-authored book, Why Nations Fail, ...

In 2025, the world is accelerating its evolution amid intertwined changes and turbulences. The interconnectedness of China's development and the global landscape is continually strengthening, and ...

BEIJING -- As the world navigates profound challenges, China is charting a steady course toward modernization under a new development philosophy that steers high-quality growth and opens up fresh ...

The Central Economic Work Conference serves as an important institutional pillar in China's economic governance structure. It functions not only as a systematic evaluation mechanism for annual ...

Visitors walk past a themed-decoration of the eighth China International Import Expo (CIIE) in East China's Shanghai, Nov 5, 2025. [Photo/Xinhua] At the opening ceremony of the fourth ministerial ...

A foreign head of state used to tell Chinese President Xi Jinping, “China has a major advantage, which is always formulating various plans and ensuring they are fully implemented.” One of the most ...