President Xi Jinping at the 10th meeting of the CPC Central Committee for Financial and Economic Affairs held on August 17 stressed that “common prosperity is an essential requirement of socialism and a key feature of Chinese-style modernization.” The meeting called for “expanding the proportion of middle-income groups, increasing the income of low-income groups, reasonably adjusting high incomes, outlawing illegal incomes, and forming an olive distribution structure with large middle and small ends.”

Taking over the revolving presidency of the Shanghai Cooperation Organization (SCO) from Russia, Tajikistan hosted the 21st SCO Leaders’ Summit on September 16-17 in the capital city Dushanbe. The Afghanistan-themed SCO summit followed a number of meetings between ministers of foreign affairs, defence, finance, national security advisors of its member states in the last two months that have consolidated mutual trust and peaceful cooperation among its group members. The 21st SCO summit saw the accession of Iran as a new member to the SCO family.

Upon passing muster after an inspection on June 1, 2021, the newly constructed Yanchang-Huanglong Expressway was ready to open to traffic. Lu Baoping, project manager of this engineering project, felt a sense of personal achievement.

Offering fast, low-cost delivery, foreign-based warehouses have become an important platform for the development of cross-border e-commerce. These warehouses are now improving and expanding their global network.