Key topics:   • Beijing-Tokyo ForumThird plenary session of 20th CPC Central CommitteeChina Mosaic
 

China's tax cuts boost high-tech, manufacturing growth in 2024

China's main policies supporting sci-tech innovation and the development of the manufacturing industry saw tax cuts, fee reductions and tax refunds totaling 2.63 trillion yuan (about 366.75 billion U.S. dollars) in 2024, official data showed on Wednesday.

China leads in energy transition investment

China led the world in energy transition investment last year, accounting for two-thirds of the $2.1 trillion spent globally in 2024, according to BloombergNEF (BNEF), a research and advisory firm.

US, Russia to begin negotiations toward ending Ukraine crisis

U.S. President Donald Trump said Wednesday that he and Russian President Vladimir Putin agreed during a phone conversation earlier in the day that Washington and Moscow will immediately engage in direct negotiations aimed at ending the Ukraine-Russia conflict.

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America's short-sighted tariffs risk long-term pain

The U.S. decision to impose fresh tariffs on Chinese goods on Feb. 1 represents another short-sighted move in Washington's increasingly dangerous economic gamble, threatening to unravel decades of trade cooperation.

 

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