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The Economic Cooperation Framework Agreement (ECFA) is a free trade agreement (FTA) between the governments of the People's Republic of China (mainland China, PRC, commonly "China") and the Republic of China (ROC, commonly "Taiwan"), that aims to reduce tariffs and commercial barriers between the two sides, as well as improve cross-strait ...
The relations between China and the Arab League as an organization, officially started in 1956, yet it was in 1993, when the Arab League opened its first Office in China, when former Secretary general Essmat Abdel Megeed went to an official Visit to Beijing, in 1996, the Chinese leader Jiang Zemin visited the Arab League headquarters during his ...
Under Xi Jinping Administration, China has adopted a new foreign policy doctrine called "Major Country Diplomacy" (Chinese: 大国外交) which has replaced the earlier Deng Xiaoping era slogan of "keep a low profile" (Chinese: 韬光养晦) and has legitimized a more active role for China on the world stage, particularly with regards to reform ...
Last year, China also set an “around 5%” target, in what was then the country’s lowest numerical target announced in decades. Earlier this year, it said economic growth had reached 5.2% in 2023.
The ROC was founded in mainland China in 1912 deposing the Chinese monarchy while Taiwan was under Japanese rule from 1895 and regained in 1945, but Taiwan became the seat of the ROC central government since 1949 and later lost its international representation as "China" in the United Nations in 1971 to the PRC.
The Beijing Consensus (Chinese: 北京共识) or China Model (Chinese: 中国模式), also known as the Chinese Economic Model, [1] is the political and economic policies of the People's Republic of China (PRC) [2] that began to be instituted by Hua Guofeng and Deng Xiaoping after Mao Zedong's death in 1976. The policies are thought to have ...
China’s economy has hit the skids in ways that suggest 25 years of supercharged growth may be ending, well before China achieves economic superpower status. China’s economy never powered out ...
Chinese economic policy then shifted to encouraging and supporting foreign trade and investment. It was the turning point in China's economic fortune, which started its way on the path to becoming 'The World's Factory'. [16] Four SEZs were initially set up in 1980: Shenzhen, Zhuhai and Shantou in Guangdong, and Xiamen in Fujian.