From 1978 to 2016, China’s annual GDP growth averaged 9.6 percent, and the nation is now the world’s second-largest economy.
On October 15, 1987, Taiwan authorities started allowing residents to visit relatives on the Chinese mainland, ending a gap of 38 years of formal communications across the Taiwan Straits.
The rapid development of information technology – including the Internet, big data analytics and cloud computing – has dramatically transformed Chinese consumption habits.
At the 13th Session of the Conference of the Parties to the United Nations Convention to Combat Desertification, held in the Chinese city of Ordos in September, an eco-wealth report on the Kubuqi business model was unveiled that recognized China’s ecological achievements. Kubuqi, China’s seventh-largest desert, was once a major source of sand storms in northern China.
On September 9, 2017, China’s Ministry of Industry and Information Technology announced it will phase out the production and sale of vehicles powered only by traditional fuels in favor of electric vehicles (EVs).
Over the past 30 years, James Z Lee (Li Zhongqing), Chair Professor of History and Sociology at the Hong Kong University of Science and Technology, has studied the family backgrounds of 64,500 college students who enrolled at Peking University between 1952 and 1999.