A Chinese research team has achieved the annual output of super hybrid rice in double seasons at 1,365 kilograms per mu (0.07 hectares) in a hybrid rice engineering demonstration zone of 2,500 mu in Central China's Hunan province. In July and November, experts from the Hunan Association of Agricultural Science Society have carried out field production evaluations to calculate a yield of 591.7 kilograms per mu and late rice of 773.3 kilograms per mu. The total output on average has created a new record for a field of this size in China. This output is about 30 percent higher than the average high-yield double-season rice, and about 50 percent higher than common double-season rice production in Hunan. With a series of non-chemical control and mechanized cultivation techniques, the usage of chemical pesticides is drastically decreased, saving expense on fertilizers and providing greater economic and ecological benefits. The super rice engineering demonstration zone, established in Linli … [Read more...] about Average output of double-season hybrid rice reaches new high
Video PlayerClose BEIJING, Nov. 22 (Xinhua) -- For global heavyweights attending the 2019 New Economy Forum in suburban Beijing, China's booming entrepreneurship and rising innovation capability are topics shared by many speakers. Yet they are not alone in expressing such views. A previous Bloomberg survey of 2,000 business professionals in 20 countries showed that nearly 60 percent of the respondents in developing countries and 49 percent in developed countries felt that China and India would become the world's centers of technological innovation by 2035. NATIONAL PRIORITY Innovation sits high on the Chinese government's agenda. China decided in 2012 to take an innovation-driven development strategy, underscoring that scientific and technological innovation provides strategic support for increasing production and boosting the overall national strength. A string of reforms, campaigns and supportive policies have been rolled out to create a nurturing innovation environment for … [Read more...] about Economic Watch: Why China a rising innovator
Video PlayerClose Rioters set fire on Hennessy Road, Hong Kong, China on Sept. 15, 2019. (Xinhua) The U.S. politicians, who claimed to be concerned with the Hong Kong people, ignored the fact that ordinary Hong Kong people's lives have been greatly endangered by rioters. They are actually standing against the Hong Kong people because they fail to acknowledge their suffering and simply use them as bargaining chips for their own purposes. HONG KONG, Nov. 22 (Xinhua) -- On Tuesday, the U.S. Senate passed the so-called Hong Kong Human Rights and Democracy Act of 2019. The U.S. politicians who proposed the bill said the move was to tell the so-called "Hong Kongers fighting for their long-cherished freedom" that "we continue to stand with you." On the same day, more than two million yuan (about 284,135 U.S. dollars) was donated in the Chinese mainland to families of a 70-year-old sanitation worker killed by a brick thrown by these "freedom fighters," and a man who was critically injured … [Read more...] about Opinion: Whom do U.S. politicians stand with?
Investor sentiment towards most Asian currencies soured over the past two weeks, a Reuters poll showed, as markets reined in hopes that an interim Sino-US trade deal would materialise soon. Expectations have eased that Beijing and Washington would sign an initial pact this year to end their 16-month-long tariff spat, after US President Donald Trump threatened a hike in tariffs earlier in the week if a deal was not signed. Also, a fresh row over US bills backing protesters in Hong Kong has emerged, threatening to worsen relations between the world's two top economies and clouding the deal outlook. Majority of 12 poll participants responded by 0630 GMT on Wednesday, before Reuters reported, citing trade experts and people close to the White House, that a "phase one" deal could slide into next year. Bullish bets on China's yuan slipped, a fortnight after investors turned long for the first time in nearly seven months. Meanwhile, China's central bank cut both short- and medium-term … [Read more...] about Investors trim long bets on Asian currencies as Sino-US trade deal hopes dwindle: Poll
Video PlayerClose BEIJING, Nov. 22 (Xinhua) -- China's gross domestic product (GDP) in 2018 was revised to 91.93 trillion yuan (13.08 trillion U.S. dollars), up about 1.9 trillion yuan, or 2.1 percent, over the preliminary calculation, official data showed on Friday. China's National Bureau of Statistics (NBS) made the revision based on the country's GDP accounting system and the results of the fourth national economic census. After the revision, the output of the primary industry was 6.47 trillion yuan, accounting for 7 percent of GDP. The output of the secondary industry was 36.48 trillion yuan, accounting for 39.7 percent of the total. The output of the tertiary industry was 48.97 trillion yuan, accounting for 53.3 percent of the total. The NBS points out that the share of the tertiary industry in GDP climbed after the revision, up 1.1 percentage points from the preliminary calculation. China's annual GDP goes through two sets of accounting in accordance with the current national … [Read more...] about China revises preliminary calculation of 2018 GDP