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China, Cambodia pledge to enhance communication, cooperation

China

China

China

China, Cambodia pledge to enhance communication, cooperation

2024-08-29 20:21 Last Updated At:21:57

Li Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, met with Cambodian Deputy Prime Minister and Civil Service Minister Hun Many in Beijing on Thursday, with both sides pledging to enhance communication and cooperation for better bilateral ties.

Li, also secretary of the CPC Central Commission for Discipline Inspection, noted that China and Cambodia are good neighbors and partners looking out for each other, and their bilateral relations have maintained high-level development for a long time.

China is ready to work with Cambodia to implement the important consensus reached by the leaders of the two parties and countries, strengthen strategic communication, deepen experience sharing in party and state governance, promote practical cooperation in various fields, strengthen coordination and cooperation in international and regional affairs, and jointly build a high-quality, high-level and high-standard China-Cambodia community with a shared future, Li said.

Li also briefed Hun Many on the third plenary session of the 20th CPC Central Committee, as well as the work on comprehensively exercising rigorous governance over the Party and fighting against corruption.

Hailing the tremendous development achievements made by the Chinese people under the leadership of the CPC, Hun Many said Cambodia firmly adheres to the friendly policy towards China and is willing to carry forward the traditional friendship with China, deepen exchanges between political parties and experience sharing on governance, strengthen cooperation in civil service affairs and other fields, and build closer bonds and amity among the young people.

China, Cambodia pledge to enhance communication, cooperation

China, Cambodia pledge to enhance communication, cooperation

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China's major cities see falling new home prices in August

2024-09-14 15:58 Last Updated At:16:37

The first-tier cities across China in August witnessed falling new home prices which dropped by 0.3 percent compared to July, with a 0.2 percentage points slower decline than the previous month.

Among them, Beijing, Guangzhou, and Shenzhen recorded decreases of 0.5, 0.5, and 0.8 percent, respectively, while Shanghai saw an increase of 0.6 percent.

In the second- and third-tier cities, new home prices fell by 0.7 and 0.8 percent, respectively, in August, with both figures representing a 0.1 percentage point expansion in the decline from July.

Prices for second-hand homes in the first-tier cities reduced by 0.9 percent in August, widening by 0.4 percentage points from the previous month. While in the second- and the third-tier cities, second-hand home prices fell by 1.0 and 0.9 percent.

Compared to August 2023, new home prices in the first-tier cities dropped by 4.2 percent in August, maintaining the same rate of decline as in July. In the second- and the third-tier cities, new home prices fell by 5.3 and 6.2 percent, respectively, in August, both representing larger year-on-year declines than the previous month.

In the second-hand housing market, the first-tier cities saw a 9.4 percent year-on-year price drop in August, widening by 0.6 percentage points compared to July. In the second- and the third-tier cities, second-hand home prices fell by 8.6 percent and 8.5 percent, respectively, with both showing a 0.4 percentage point increase in the rate of decline.

China's major cities see falling new home prices in August

China's major cities see falling new home prices in August

China's major cities see falling new home prices in August

China's major cities see falling new home prices in August

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