Chinese Premier Li calls for practical steps to implement consensus reached at New Delhi summit of G20
Thursday, 23 November 2023 Chinese Premier Li Qiang has called on G20 member nations to implement the consensus reached at this year's New Delhi summit. He urged the countries to prioritize development cooperation and oppose the politicization of development issues. Li did not mention the Israel-Hamas conflict in his speech, unlike President Xi Jinping, who called for a ceasefire and a two-state solution at the BRICS virtual summit on the Palestine-Israeli issue. Li emphasized the need for closer coordination, macro policy cooperation, and consideration of developing countries' concerns in international organizations.
China Sets Aggressive, Economic Growth , Target for 2024.
Associated Press reports that China has
said it aims to achieve 5% economic growth
in 2024, despite facing many challenges.
Premier Li Qiang outlined plans to boost
China's economy while addressing the annual
session of the National People's Congress.
Premier Li Qiang outlined plans to boost
China's economy while addressing the annual
session of the National People's Congress.
The plan includes increased spending on
developing advanced technology, fortifying
the military and other longstanding goals.
According to Li, the Chineses government
would continue with a "pro-active fiscal
policy and prudent monetary policy.”.
The plan looks to boost growth by issuing
long-term bonds over several years,
beginning with about $139 billion in 2024.
Those bonds would be used to
implement "major national strategies"
and boost security "in key areas.".
The plans also include a "new development model"
aimed at easing a prolonged real estate slump
by building government-subsidized housing.
The foundation for China’s sustained
economic recovery is not yet stable,
with insufficient effective demand,
overcapacity in some industries,
weak social expectations, and still
many risks and hidden dangers, Li Qiang, Chinese Premier, via Associated Press.
The foundation for China’s sustained
economic recovery is not yet stable,
with insufficient effective demand,
overcapacity in some industries,
weak social expectations, and still
many risks and hidden dangers, Li Qiang, Chinese Premier, via Associated Press.
According to a draft budget, an additional
$231 billion would be set aside for defense
spending, representing a 7.2% increase from 2023. .
According to a draft budget, an additional
$231 billion would be set aside for defense
spending, representing a 7.2% increase from 2023. .
The underlying trend of economic
recovery and long-term growth
remains unchanged and will not
change. So we must be more confident
and more assured of ourselves, Li Qiang, Chinese Premier, via Associated Press
Credit: Wibbitz Top Stories Duration: 01:31Published
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#HSPrannoy #HSPrannoy #Prannoy #BadmintonMedal #OlympicsIndia Badminton #BadmintonOlympics #Olympics2024 #PairsOlympics2024 #Sportsnews #Victor #Worldnews #Oneindia #OneindiaNews
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Tesla CEO Elon Musk is scheduled to visit India this month for a meeting with Prime Minister Narendra Modi. According to Reuters, Musk is anticipated to unveil investment plans in the country, including the establishment of a new factory. The billionaire entrepreneur is slated to meet PM Modi during the final week of April in New Delhi. Additionally, Musk will make a separate announcement regarding his plans for India, as per two undisclosed sources cited by Reuters. Earlier reports suggested that Tesla officials would explore potential sites for a manufacturing facility in India, representing a substantial investment estimated at around $2 billion.
#ElonMusk #PMModi #InvestmentPlans #India #Tesla #BusinessNews #GlobalRelations #EconomicDevelopment #SustainableFuture #TechInnovation
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Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China dominated by contentious issues and warnings from his hosts of another “downward spiral” in relations. The two met Friday afternoon local time at the Great Hall of the People, an ornate and cavernous building next to Tiananmen Square. Blinken told Xi that President Joe Biden had sent him to China to “seek to deepen areas of cooperation as well as to responsibly manage the differences that we have.” Xi noted that this year is the 45th anniversary of the establishment of diplomatic relations between the United States and China, and said the two countries “should be partners rather than adversaries.”
#BlinkenXiMeeting #ChinaUSRelations #DiplomaticTalks #GlobalIssues #BilateralRelations #ForeignPolicy #Diplomacy #InternationalRelations #USChinaDialogue #XiJinpingMeeting
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Senior U.S. officials unveil China's significant backing of Russia's war effort in Ukraine, with reports detailing crucial military support. Despite denials from the Chinese Embassy, concerns rise over China's role. Join us as we delve into the geopolitical implications of this revelation.
#USNews #USChina #USChinaTensions #RussiaUkraineWar #RussiaUkraineConflict #JoeBiden #VladimirPutin #VolodymyrZelenskyy #Oneindia
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US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
CNN reports that the United States aviation industry
has urged the Biden administration to pause the
approval of more flights to and from China.
According to an open letter, China's
“existing harmful anti-competitive policies”
are affecting U.S. airlines and workers.
The competitive disadvantage
is harmful to the approximately
315,000 workers employed
by U.S. passenger airlines
that serve China, Airlines for America open letter, via CNN.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
The letter, addressing Secretary of State Antony Blinken
and Transportation Secretary Pete Buttigieg, was
signed by Airlines for America, an industry lobby group.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
Members of the group include American Airlines,
Delta and United, along with other unions
representing aviation workers.
If the growth of the Chinese aviation
market is allowed to continue unchecked
and without concern for equality of access
in the market, flights will continue to be
relinquished to Chinese carriers at the
expense of U.S. workers and businesses, Airlines for America open letter, via CNN.
CNN reports that the Biden administration said in February
that it would allow Chinese airlines to increase the
number of direct passenger flights to the United States.
At the time, U.S. officials granted Chinese carriers
approval to make 50 weekly round-trip flights,
increased from 35 amid the COVID-19 pandemic.
Prior to the pandemic,
over 150 weekly
flights were allowed. .
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden.
China's Foreign Ministry defended the increased number
of flights, citing a "consensus reached" in November between
Chinese leader Xi Jinping and U.S. President Joe Biden
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Chinese President Xi Jinping conveyed to former Taiwan President Ma Ying-jeou on Wednesday that external interference would not impede the "family reunion" between the two sides of the Taiwan Strait. He emphasised that all issues are open for discussion. Since the Republic of China government retreated to Taiwan in 1949 following a civil war loss to Mao Zedong's communists, no sitting Taiwanese leader has visited China. However, Ma, who served as president from 2008 to 2016, broke this pattern last year, marking the first visit by a former Taiwanese leader to China. This visit, Ma's second, occurs amid heightened military tensions in the region.
#China #Taiwan #XiJinping #MaYingjeou #Tensions #FamilyReunion #CrossStraitRelations #Diplomacy #Geopolitics #EastAsia
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Taiwan Showdown Expected , in Upcoming Face-to-Face , Between Biden and Xi.
Taiwan Showdown Expected , in Upcoming Face-to-Face , Between Biden and Xi.
On November 15, United States President Joe..
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