BEIJING, August 13(ABC): The Agricultural Development Bank of China (ADBC), a rural policy bank, extended 14.9 billion yuan (about 2.21 billion U.S. dollars) in funds as of Friday to support infrastructure. The fund, established on July 20, has been funneled to 68 projects, mainly in sectors such as water conservancy, water transport and cold-chain logistics, effectively ensuring the capital requirement …

BEIJING, August 12(ABC): China has called on both Russia and Ukraine to resume negotiations and expressed concerns over the safety and security of nuclear facilities in Ukraine. “We call on all parties concerned to resume negotiations as early as possible, seek a solution to the Ukraine crisis in a cool-headed and rational fashion, address each other’s legitimate security concerns, and …

BEIING, August 12(ABC): Pakistan Ambassador to China, Moin Ul Haque on Friday unveiled the replica of Minar- e-Pakistan (Tower of Pakistan) here at Chaoyang Park to further promote the all-weather friendship between Pakistan and China. Addressing the gathering, Ambassador Haque said that this is a very special national monument of Pakistan which reminds of a very important moment in the …

BEIJING, August 12(ABC): Chinese President Xi Jinping called on the international community to gather consensus on promoting development, create an enabling environment and foster new driving forces for global development to jointly work for a global development partnership. Xi, also general secretary of the Communist Party of China Central Committee, made the remarks in a congratulatory letter on Friday to …

BEIJING, August 12(ABC): A newly released white paper on the Taiwan question and China’s reunification has offered a scientific grasp of a new starting point for the country’s reunification. It demonstrates the confidence of the Communist Party of China (CPC) and the Chinese government in realizing complete reunification, their resolve in opposing separatist activities and external interference, and their unchanging …

BEIJING, August 12(ABC): China has been beefing up rail and air travel services in the summer travel rush to ensure safe trips for passengers. About 309 million railway passenger trips were made between July 1 to August 11, with average daily trips reaching around 7.365 million, according to the China State Railway Group Co., Ltd. (China Railway). Some 7.2 million …

BEIJING, August 12(ABC): Revenue at Chinese telecom giant Huawei dipped by more than six percent in the first half of 2022, company figures showed Friday, as the Covid-19 pandemic and US-China trade rivalry hit sales. The company brought in 301.6 billion yuan ($44.8 billion), according to the data, a slip of 6.2 percent on the previous year. “While our device …

HEFEI, August 12(ABC): China’s geospatial industry saw a compound output growth rate of 17.5 percent in the past decade, according to a new industry report. The total output of the industry amounted to 752.4 billion yuan (about 111.8 billion U.S. dollars) in 2021, said the report published at the ongoing 2022 Conference of Chinese Geospatial Industry and Sciences. The number …

BEIJING, August 11(ABC): China on Wednesday released a white paper to expound on the position and policies of the Communist Party of China (CPC) and the Chinese government to achieve national reunification in the new era, including the envisioning of a new special administrative region (SAR) for Taiwan. The white paper, titled “The Taiwan Question and China’s Reunification in the …

KABUL, August 11(ABC): At the center of Kabul University in Afghanistan sits a newly-built teaching building and auditorium, constructed with the help of China. With a spectacular glass wall, the four-story and modern-style complex, inaugurated last week, is expected to bolster the development of the war-torn country’s tottering education sector. Hailing the construction as an architectural success, Hamid Gholami, a …