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China’s economy showed a steady recovery trend supported by key economic indicators released on Monday by the National Bureau of Statistics, amid a slew of policy incentives that boosted market confidence.Output of industries above a designated level grew by 5.4 percent year-on-year in November, a 0.1 percentage point higher than last month. The output of high-tech manufacturing sector increased 7.8 percent year-on-year, 2.4 percentage points higher than the output growth of all industries.Productions of new energy vehicles, industrial robots, and integrated circuits grew 51.1 percent, 29.3 percent, and 8.7 percent year-on-year in November, respectively, according to the NBS.Retail sales, a…

As three new subway lines were put into operation on Sunday, Beijing’s urban rail transit network has expanded to a total length of 879 kilometers, making it the longest in China, authorities said.”The newly opened subway lines are crucial for easing traffic congestion in the city’s central area and supporting the development of places along their routes,” said Wu Yulan, deputy director of the rail transit operation management bureau at the Beijing Municipal Commission of Transport.The three new lines are the first phase of Line 3, connecting Dongsishitiao to Dongba North, Line 12, connecting Sijiqingqiao to Dongba North and the…

BEIJING, Dec. 16 (Xinhua) — China has the conditions and room to strengthen counter-cyclical adjustments, providing strong policy support for achieving annual goals and tasks, said a senior official. The remarks, made by an official from the Office of the Central Committee for Financial and Economic Affairs, came after last week’s tone-setting Central Economic Work Conference. Next year, China will implement a more proactive fiscal policy for the first time, and adopt a moderately loose monetary policy after having a prudent monetary policy for 14 consecutive years, according to the official. The major shift in the tone of macro regulation…

BEIJING, Dec. 16 (Xinhua) — China’s Ministry of Commerce (MOC) on Monday reiterated its opposition to the U.S. Section 301 tariff hikes on some Chinese goods. The Office of the United States Trade Representative on Wednesday announced tariff increases under Section 301 for imports from China of certain tungsten products, wafers, and polysilicon, which will come into effect on Jan. 1, 2025. China’s position on the US’s unilateral imposition of additional tariffs on Chinese products is consistent, and China has on multiple occasions lodged solemn representations with the U.S. side concerning the Section 301 tariffs, said a spokesperson for the…

HAIKOU, Dec. 11 (Xinhua) — The Flight CZ6786 took off from Guangzhou, south China’s Guangdong Province and landed in Haikou at 12:57 p.m., marking a successful maiden commercial operation on the Guangzhou-Haikou route of China Southern Airlines with China’s homegrown large passenger aircraft C919. Source: Xinhua

BEIJING, Dec. 11 (Xinhua) — While the people of northwest China’s Xinjiang Uygur Autonomous Region live a life of unity, prosperity and security, certain Western media outlets and countries continue tarnishing the region’s image with sensational and groundless labels like “forced labor.”The BBC just released reports related to Xinjiang cotton and tomatoes, alleging the use of “forced labor” in their production in the vast region, where the climate is ideal for the two crops. It should be noted that this international media outlet has a notorious record of producing egregious reports on Xinjiang to slander China.Among its reports, an hourlong…

Monrovia, Liberia – The Liberian House of Representatives has found itself embroiled in a protracted impasse, casting a spotlight on the urgent need for citizens to critically evaluate their choices at the ballot box comes 2029. The prevailing deadlock underscores the concern that, for many lawmakers, personal interests supersede national priorities. The crux of the controversy stems from a majority of the representatives expressing their desire for the Speaker of the House to step down. Despite their collective call, the Speaker has remained steadfast, refusing to relinquish his position. This standoff has not only paralyzed legislative functions but has also…

The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group, has approved an $18.3 million financing package to enhance Liberia’s capacity for revenue collection and governance reforms.The funding supports the Institutional Support for Enhanced Domestic Revenue Mobilization and Reform Implementation Project (ISEDRMP) aimed at strengthening domestic revenue generation, enhancing public financial management systems, and promoting transparency and accountability, particularly in the extractive sector.The financing package includes a $9.6 million ADF-16 loan, a $6.8 million TSF Pillar I loan, and a $1.9 million in-kind contribution from the Liberian government. This initiative…

Prince Y. Johnson, a former warlord turned senator, has died at the age of 65 in Monrovia. His death marks the end of a controversial legacy shaped by his tumultuous role in Liberia’s 14-year civil war and subsequent transition into politics.Johnson rose to prominence in the 1990s as the leader of the Independent National Patriotic Front of Liberia (INPFL), a notorious rebel faction implicated in widespread atrocities during the conflict that left over 250,000 Liberians dead, by the Liberia Truth and Reconciliation Commission (TRC). Johnson was particularly known for his brutal tactics and for allegedly orchestrating the gruesome killing of…

The Government of Liberia and its Development Partners have concluded the National Coordination Committee meeting on the draft ARREST Agenda for Inclusive Growth and the County Development Agenda.The meeting was held at the Ministry of Finance and Development Planning, on November 28, 2024.It was meant to gather inputs and review passed resolutions from various dialogues, comments, recommendations, and outcomes from Development partners, stakeholders, civil society organizations, People with disability, and officials from Ministries and Agencies across government.Making remarks at the opening, Liberia’s Finance and Development Planning Minister, Hon. Augustine K. Ngafuan praised development partners across various sectors of the economy…