Xi has crucial role, Davos founder says

Founder and Executive Chairman Klaus Schwab of the World Economic Forum gestures during an interview last week in Cologny, Switzerland. [Photo/Agencies] President Xi Jinping’s participation at the World Economic Forum’s annual meeting in Davos, Switzerland, “is quite relevant to the theme of the forum, which is ‘responsive and responsible leadership'”, said Klaus Schwab, the event’s founder and executive chairman.

First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade

China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe. The first train departed Yiwu in eastern Zhejiang province on Jan. 1 and will cover more than 12,000 kilometers in about 18 days before reaching London, China Railway Corp. said in a statement Monday.

China Central Bank Adviser Calls for 6%-7% Growth Target Range

China should set a more flexible 2017 economic growth target to give policy makers more room to enact reform, according to Huang Yiping, an adviser to the People’s Bank of China. He proposed a range of 6 percent to 7 percent for this year, compared with the 6.5 percent to 7 percent objective in 2016, the official Xinhua News Agency reported.

China says space program must help protect national security

China’s President Xi Jinping looks on before meeting with former U.S. Secretary of State Henry Kissinger at the Great Halll of the People in Beijing, China December 2, 2016. China’s space program must help protect the country’s national security, but China is dedicated to the peaceful use of space and opposes a space arms race, the government said in a policy paper issued on Tuesday.

China says space program must help protect national security

China’s President Xi Jinping looks on before meeting with former U.S. Secretary of State Henry Kissinger at the Great Halll of the People in Beijing, China December 2, 2016. China’s space program must help protect the country’s national security, but China is dedicated to the peaceful use of space and opposes a space arms race, the government said in a policy paper issued on Tuesday.