China

China’s demographic dividend is turning into talent dividend

With five million students graduating in science, technology, engineering, and mathematics (STEM) each year, China has become the world’s leading producer of STEM graduates. According to global think tanks, approximately 50 percent of the world’s leading artificial intelligence (AI) researchers are trained in Chinese universities, making China the top provider of elite AI talents globally….

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China

Xiong’an emerges as high-level modern city

By Wan Xiubin, Zhang Zhifeng, Zhang Tengyang, People’s Daily On April 1, 2017, the Chinese government decided to establish Xiong’an New Area in north China’s Hebei province. Over the past seven years, Xiong’an New Area has transformed from a blueprint to reality, seeing a total investment of over 670 billion yuan ($92.62 billion) in key…

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China

China strives to build world-class business environment

what can a sound business environment create? As the first large chemical production base in China operated solely by a foreign company, BASF’s Verbund site in Zhanjiang, south China’s Guangdong province has experienced rapid development. Its first batch of production facilities were set up in 2020, and this January, its thermoplastic polyurethane plant was put…

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China

China sees improvement in both quality, efficiency of foreign-related legal services

In recent years, China has been working to improve its foreign-related legal services, especially those in areas such as work of lawyers, arbitration, notarization, and commercial conciliation. Efforts have been made to enhance the development of foreign-related legal service institutions, promote the establishment of international commercial arbitration centers, and leverage the role of the Belt…

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