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Rafael Grossi (center), directorgeneral of the International Atomic Energy Agency, seen here in Teheran, Iran, on Sunday, has said the agency reached a temporary understanding with Iran to salvage a landmark nuclear deal.Hadi Zand Via Reuters

FM: Dialogue key to restoring China-US ties

Beijing and Washington should respect each other, boost dialogue and manage differences, restart win-win cooperation and clear a path for resuming bilateral exchanges to bring China-US ties back on track, State Councilor and Foreign Minister Wang Yi said.

PAGE TWO

Outbreak slams the door on impulsive spending

Liu Fan, 25, who works for a construction company in Hangzhou, capital of Zhejiang province, used to spend most of her salary on cosmetics, clothes and entertainment each month.

TOP NEWS

Israel example offers hope of pandemic end

Israel, which has the highest vaccination rate in the world, has launched its first stage of returning to normal life. The experiment in the country may offer reason for optimism that the pandemic will come to an end.

CHINA

Chinese jabs 'effective for virus variants'

China's COVID-19 vaccines are effective against the two major variants of the novel coronavirus that have been imported, but sustained efforts are still needed to prevent other strains from entering, the Chinese Center for Disease Control and Prevention said.

WORLD

Iran nuclear accord gets 'temporary' fix

VIENNA-The International Atomic Energy Agency, or IAEA, has reached a temporary understanding with Iran to salvage a landmark nuclear deal, its chief said on Sunday.

BUSINESS

Two-way fund flows set to be encouraged

China is likely to achieve a breakthrough this year that would permit personal investment in securities and insurance products overseas, an indication that policymakers are willing to see more active two-way capital flows, experts said on Monday.

BUSINESS FOCUS

Low-carbon steel becomes top priority

As China pursues cleaner, low-carbon and more efficient steel sector development, analysts expect multinational companies will carry out deeper and higher-quality cooperation in the Chinese market this year despite the impact of the COVID-19 pandemic.

COMMENT

Dialogue only way to build consensus and get relations back on right track

The speech State Councilor and Foreign Minister Wang Yi delivered at the opening of the Lanting Forum on Sino-US relations on Monday should be taken as the latest summary of Beijing's views on bilateral relations and an overture for US policymakers to tear down the "walls of misperceptions".

GLOBAL VIEWS

Outlook for the year ahead

The direct impact of the novel coronavirus crisis on global political and economic security is expected to diminish in 2021. However, the indirect impacts cannot be ignored. There are likely to be some important trends in 2021.

LIFE

Extended reach of short trips

Many Chinese shortened the distances of their travels during Spring Festival this year.

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