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Mohammed Abacha, Coy  kicks against FG’S claim of Resolution of Court Cases on $1.3bn OML 245 with Malabu

Mohammed Abacha, the heir of  late Head of State, General Sani Abacha has dismissed the claim by the federal government that all Court Cases relating to ownership of the oil exploration company, Malabu Oil and Gas have been resolved. Abacha and PECOS Energy,dismissed the claim said to have been made...

China, Kazakhstan make solid progress in economic, trade cooperation

By Zhang Penghui, Bai Yang, Zhao Yipu, People's Daily Kazakhstan is the place where China first proposed the initiative of jointly building the Belt and Road. In recent years, under the strategic guidance of the heads of state of both China and Kazakhstan, the two countries have achieved remarkable results in their cooperation.

RCEP drives significant growth in regional trade, investment cooperation

By Luo Shanshan, People's Daily The Regional Comprehensive Economic Partnership (RCEP) agreement took effect for all its 15 members on June 2 last year, which marked the start of a new stage for the trade bloc with the world's largest population and trade volume as well as the greatest development potential.

To build China-SCO Local Economic and Trade Cooperation Demonstration Area into new platform for international cooperation

By Yu Yichun, Cui Qi, People's Daily On June 10, 2018, Chinese President Xi Jinping delivered a speech at the 18th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) in Qingdao, east China's Shandong province, during which he announced that the Chinese government supports building a demonstration...

Commodities from Yiwu reach big markets as Paris Olympics nears

By Ji Fang, Wang Liang, Tao Xiang'an, People's Daily As the Paris Olympics approaches, Yiwu city, known as the "world's supermarket" in east China's Zhejiang province, has received a large number of orders related to the Games. The Yiwu International Trade Market in Yiwu city is surrounded by a strong Olympic...

Popularity of Chinese-style products overseas mirrors new momentum of China’s foreign trade

By Luo Shanshan, People's Daily Thanks to the vogue for horse-face skirts, neo-Chinese styles and other Chinese fashion trends around the world, jacquard fabrics and products independently developed by a Zhejiang-based fabric company are seeing booming sales in overseas markets. In the first five months of this year, the company exported...

China stays committed to opening-up to promote reform, development and innovation

By Ren Zhongping, People's Daily In its modernization drive, China has made new and constant achievements in reform and development through opening up. In May 2024, Tesla broke ground on another mega factory in the Lingang new area of the China (Shanghai) Pilot Free Trade Zone. The process from business negotiation...

China sets exemplary model for world in high-speed rail technologies

By Li Xinping, People's Daily Today, China's Fuxing bullet train has become the world's fastest commercially operated train with the most diverse operating scenarios. By the end of 2023, Fuxing bullet trains had operated 2.34 billion kilometers safely and transported a total of 2.2 billion passengers. From the initiation of the...

China’s open sci-tech cooperation benefits humanity

By Yan Yu, People's Daily Currently, countries around the world are facing global challenges such as climate change, food security, and energy security. To overcome common development challenges, humanity needs international cooperation, openness, and sharing more than ever before. At the same time, the world has entered an era of "big...

CRRC releases world’s first report on carbon footprint of pure electric locomotives

By Li Xinping, People's Daily Chinese state-owned and publicly traded rolling stock manufacturer China Railway Rolling Stock Corporation (CRRC) on June 28 launched seven new energy locomotives, which come in three power configurations - hybrid powered by both diesel and electricity, power battery only and hydrogen fuel cell. The series of...

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