Skip to content
trying to emulate the impressive growth of developing economies before them. An underperformi
ng global economy, and rising national and international tensions, will make that task even harder. If th
e world is serious about reducing poverty further, it must pay far more attention to their progress.
he US has repeatedly threatened to impose tariffs on about $300 billion of Chinese ex
ports to the United States. China showed the greatest sincerity in the Sino-US trade
talks and refused wild demands by the US side, said Foreign Ministry spokesman Geng Shuang on Tuesday.
China has become the most popular investment destination for global companies, since the country launched its reform and opening-up policy, said Geng Shuang.
The companies will choose which countries to invest in, or which partners to coope
rate with based on their interests and market rules. No words can influence them, Geng said.
China welcomes foreign companies to increase investment in the country, and the country will continue gi
ving efforts to create a more stable, fair, transparent and predictable business environment for foreign investors, said Geng.
BUDAPEST, April 23 (Xinhua) — The Beijing Film and TV International Show inaugurated in the
Hungarian capital will enhance people-to-people bonds between Hungary and China, an Chinese official said here on Tuesday.
“Within the framework of the Belt and Road Initiative, more and more Chinese film and TV producti
on have become accessible for Hungarians,” said Wang Wei, director of the department of plan
ning and development, Beijing Municipal Radio and Television Bureau, at the opening of the show.
“This kind of cultural exchange can facilitate people-to-people bonds between Hungary and China
and will create a solid base for further cooperation between the two countries,” he stressed.
Maria Pap, an official from Hungarian National Tourist Office, said: “Budapest is a very important tourist att
raction and destination here in Central Europe. I am delighted to see more and more Chinese tourists coming to Hungary.”
She added that Budapest is a very important and beloved spot for film produc
ers, and more and more international film producers have chosen Budapest as their shooting place.
The Show kicked off with performances from Hungarian dancers and pop sing
ers, before showing trailers of the most exciting Chinese productions to Hungarian spectators.
below reflects contraction.
The service sector recorded stable performance, with the sub-index measu
ring business activity in the industry standing at 53.6, up from 53.5 in February.
Indices for sectors including railway, telecom, banking and insurance all stood above 57, indicating robust business growth.
The sub-index for new orders in the service sector came in at 51.5, up from 50.5 in February, according to the NBS.
The construction sector recorded faster expansion, with the sub-index m
easuring business activity in the industry rising 2.5 percentage points to 61.7 in March.
The sub-index for new orders in the construction sector surged to 15-month high at 57.9, up from 52 in February.
China is trying to shift its economy toward a growth model that draws strengt
from consumption, services and innovation. The service sector accounted for 52.2 percent of the country’s economy last year.