China

BEIJING, May 5 (Xinhua) -- Facts have already proved that sanctions cannot bring peace but only make the world economy worse, a Chinese foreign ministry spokesperson said Thursday.

Spokesperson Zhao Lijian also said that the United States, as the world's largest economy, should do more that is conducive to the recovery of the global economy and the stability of the global supply chain.

Zhao made the remarks when asked to comment on report that the International Monetary Fund (IMF) recently downgraded its 2022 global economic growth forecast to 3.6 percent.

BEIJING (AP) — The death toll jumped Thursday to 26 from the collapse last week of a residential and commercial building in central China, state media reported.

Ten other people have been rescued from the wreckage in the city of Changsha, the official Xinhua News Agency said.

The 10th survivor, an unidentified woman, was pulled out shortly after midnight on Thursday, nearly six days after the building suddenly caved in on April 29, Xinhua said. Rescue teams with search dogs have been searching through the rubble since then.

BEIJING (AP) — Beijing on Wednesday closed around 10% of the stations in its vast subway system as an additional measure against the spread of coronavirus.

The subway authority in a brief message said only that the measure to shut 40 mostly downtown stations was being taken as part of epidemic control measures. No date for resumption of service was given.

BEIJING (AP) — Rescuers have found two more survivors in the rubble of a building in central China that collapsed more than three days ago, state media reported Tuesday.

The official Xinhua News Agency said a man and a woman were pulled out on Monday afternoon and early Tuesday morning.

The woman, whose rescue came after being buried for 88 hours, alerted workers using life detection equipment to her presence by knocking on objects. Xinhua said she was conscious, had normal vital signs and was able to communicate with her rescuers.

BEIJING (AP) — Beijing is preparing new hospital facilities to deal with a spike in COVID-19 cases, even though the numbers of new cases remain low.

State media reported Tuesday a 1,000-bed hospital at Xiaotangshan in the northeastern suburbs built for the 2003 SARS outbreak has been refurbished in case it’s needed.

Unofficial reports online say thousands of beds have been prepared in a centralized quarantine center near the airport, but state media has not confirmed those preparations in what could be an attempt to avoid stoking public fears.

Xinhua: Former diplomat of the Netherlands Peter Bootsma has been working with Boao Lecheng International Medical Tourism Pilot Zone on China's tropical island of Hainan since September 2021.

He says the medical tourism zone provides opportunities for international pharmaceutical companies.

BEIJING, April 30 (Xinhua) -- On Friday afternoon, the Political Bureau of the Communist Party of China (CPC) Central Committee held its 38th group study session. Xi Jinping, general secretary of the CPC Central Committee, presided over the session, which is about regulating and guiding the healthy development of capital in China according to law.

BEIJING, May 01 (APP): The climatic conditions of many parts of China are quite similar to that of Pakistan. Thus it is a great opportunity to learn from the Chinese experience in precision agriculture to improve Pakistan’s agricultural outputs.

This was noted by Dr. Muhammad Naveed Tahir, Associate Professor from Department of Agronomy, Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) in an interview with China Economic Net (CEN), a major Beijing-based news website providing economic news reports.

April 30 (Reuters) - Chinese regulators held an emergency meeting with domestic and foreign banks to discuss how they could protect China's overseas assets from U.S.-led sanctions similar to those imposed on Russia after its invasion of Ukraine, The Financial Times reported, citing people familiar with the discussion.

The internal conference, held on April 22, included officials from China's central bank and finance ministry and executives from local and international banks, the report said.

BEIJING, May 1 (Xinhua) -- China has the confidence, capabilities and conditions to achieve this year's economic and social development goals, said an official with the country's top economic planner.

The impact of the COVID-19 pandemic is temporary, said Zhao Chenxin, secretary-general of the National Development and Reform Commission.

Zhao expected that the Chinese economy will soon return to a normal track with the policy effect of coordinating COVID-19 control and economic development gradually emerging.