By Wang Ke, People’s Daily Wang Wei, who lives in Yuelu district of Changsha, central China’s Hunan province, is a frequent online shopper. Whenever he needs a refreshing cold drink or urgently requires medication late at night, he simply picks up his phone, opens an app, and places an order. “Within half an hour, things I need are delivered right to my doorstep,” he said. Instant retail, which features online real-time ordering and offline real-time delivery, leverages local retail supply to meet local instant demands. Currently in China, an increasingRead More

By Che Bin, Huang Weixin, Huang Peizhao, People’s Daily In a lush avocado orchard on the shores of Lake Naivasha in Nakuru County, Kenya, more than 2,500 avocado trees stretched as far as the eye could see. Richard Wafula, owner of the farm, was busy harvesting avocados with his workers. “Soon, approximately 10 containers of fresh avocados will be delivered to Chinese consumers from here,” he said. China and Kenya signed a protocol to foster bilateral trade in avocados in January 2022. Seven months later, the first batch of freshRead More

By Jiang Nan, Dou Hanyang, People’s Daily The China (Zhejiang) Pilot Free Trade Zone, unveiled on April 1, 2017, is among the third batch of China’s pilot free trade zones (FTZs). Since its founding, the Zhejiang pilot FTZ has embraced rapid development and continuously contributed to the high-quality development of the open economy. Last year, the Zhejiang pilot FTZ, occupying less than 1/400 of Zhejiang province’s total area, accounted for 6.5 percent of the newly registered enterprises, 9.2 percent of the tax revenue, 20.6 percent of the foreign trade volume,Read More

By Lin Rui and Liang Xiaojian The 2023 Media Cooperation Forum on Belt and Road is being held in Beijing on Oct.19. The theme of the 2023 forum is “Strengthening Media Cooperation for a Brighter Shared Future.” Over 130 foreign media executives, senior editors, and journalists from over 110 media outlets in 75 BRI partner countries participated in the forum. In the autumn of 2013, Chinese President Xi Jinping proposed the Belt and Road Initiative (BRI). Over the past ten years, with the combined efforts of all parties, it hasRead More