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  • MIL-OSI China: Guangzhou lifts restrictions on home buying

    Source: China State Council Information Office 3

    This aerial photo taken on June 12, 2023 shows the urban view along the Zhujiang River in Guangzhou, south China’s Guangdong Province. [Photo/Xinhua]

    The city of Guangzhou in south China’s Guangdong Province has lifted restrictions on buying home properties, a significant step for the first-tier city to optimize the property market further.

    Starting on Monday, the qualification for purchasing homes will no longer be reviewed and there will be no restrictions on the number of homes purchased for families and single individuals with or without local household registration in the city, according to a circular issued by the general office of the municipal government issued on Sunday night. 

    MIL OSI China News

  • MIL-OSI China: German carmakers eye increased, deeper NEV cooperation with China

    Source: China State Council Information Office 3

    German carmakers have expressed optimism about cooperation with China in the new energy vehicle (NEV) industry when speaking at the 2024 World New Energy Vehicle Congress which concluded Sunday in Haikou, capital of south China’s Hainan Province, with China’s NEV market continuing to boom.

    Jochen Goller, a member of the board of management of BMW AG, credited the success of China’s NEV market to supportive government policies, suitable regulations and technological innovations.

    Goller emphasized BMW’s commitment to keeping the market open and expressed hopes of having more Chinese battery manufacturers in Europe.

    Oliver Blume, chairman of the board of management of Volkswagen AG, noted that this year marks a significant milestone as Volkswagen celebrates 40 years in the Chinese market.

    “Over the past four decades, we have taken great pride from having become an integral part of Chinese life and in shaping the development of the Chinese automotive industry,” Blume said, while highlighting that the foundation of Volkswagen’s success lies in its strong partnerships — particularly with Chinese EV companies like SAIC and FAW.

    Blume added that China has emerged as “the epicenter of the automotive industry’s future,” while Volkswagen is committed to being an even more integral part of the local industry ecosystem.

    “We have significantly enhanced our local research and development capacities and concluded partnerships with local original equipment manufacturers and technology leaders in the fields of software, autonomous driving and batteries,” he explained.

    In April, Volkswagen announced an investment of 2.5 billion euros (about 2.79 billion U.S. dollars) in expanding its production and innovation hub in the city of Hefei in east China — to increase its pace of innovation in the country.

    The company also committed to accelerating the production of two Volkswagen-brand smart electric vehicles, which are currently under joint development with Chinese manufacturer Xpeng.

    China’s production and sales of NEVs continued to maintain fast growth, with the NEV market share steadily increasing in the domestic market.

    Data from the China Association of Automobile Manufacturers revealed that in the first eight months of 2024, NEV production had reached about 7.01 million units, rising 29 percent year on year, while sales during this period stood at around 7.04 million units — growing by 30.9 percent from a year earlier.

    Wan Gang, chairman of the China Association for Science and Technology, said that expanding bilateral trade cooperation and investment, along with increasingly close industrial and supply chain collaboration between the Chinese and German automotive industries, have become vital for the high-quality development of the global automotive sector.

    “In the future, we hope that the automotive industries of China and Germany will embrace development and reform, jointly promoting the further advancement of the NEV industry to contribute to global low-carbon transformation and sustainable development,” Wan added.

    MIL OSI China News

  • MIL-OSI China: 2nd China supply chain expo to boost support for African participants

    Source: China State Council Information Office 3

    The second China International Supply Chain Expo (CISCE), scheduled from Nov. 26 to 30 this year, will offer increased support for participants from African countries, the China Council for the Promotion of International Trade (CCPIT) said on Sunday.

    The enhanced support aims to “voluntarily and unilaterally open the Chinese market wider to Africa,” following a decision made during the 2024 Summit of the Forum on China-Africa Cooperation earlier this month, CCPIT spokesperson Wang Linjie told a press conference.

    Specifically, the expo will tailor country-specific strategies to better match supply and demand, helping African businesses find suitable partners and purchasers in China, Wang said.

    It will also feature forums and sideline events bringing together delegates from African governments, business associations, think tanks and international organizations, aiming to bolster Africa’s presence in global industrial and supply chain cooperation, the spokesperson added.

    “We will leverage the CISCE’s role in promoting trade, investment, innovation and exchange to help Chinese and African companies deepen industrial and supply chain cooperation, while fostering mutual business growth, shared interests and common advancements,” Wang added.

    Multiple African countries, including Ethiopia, Cote d’Ivoire, Rwanda and Morocco, along with the African Union, have confirmed their participation in the second CISCE, focusing on sectors such as agriculture and mining.

    A recent official report showed that China has remained Africa’s largest trading partner for the 15th consecutive year, with bilateral trade reaching 282.1 billion U.S. dollars in 2023.

    China has announced that it will give all the least developed countries having diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100 percent tariff lines.

    MIL OSI China News

  • MIL-OSI China: Chinese FM expounds on contribution of Chinese modernization to world in UN speech

    Source: People’s Republic of China – State Council News

    Chinese FM expounds on contribution of Chinese modernization to world in UN speech

    UNITED NATIONS, Sept. 28 — Chinese Foreign Minister Wang Yi expounded on the contribution of Chinese modernization to the world during his speech Saturday at the 79th session of the United Nations General Assembly (UNGA 79).

    During the General Debate of UNGA 79, Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, explained in detail the implication of Chinese modernization for the world, touching on such four aspects as world peace and stability, common development, global governance and human civilization.

    Chinese modernization will contribute robustly to world peace and stability, Wang said.

    Noting that the Chinese culture values peace and the Chinese nation has no tradition of external expansion, Wang said “China is the only major country that has written peaceful development into its constitution, and the only country among the five nuclear-weapon states to pledge no-first-use of nuclear weapons.”

    “We are actively exploring and putting into practice the Chinese way of addressing hotspot issues, boosting the prospects for resolving the security dilemma and improving security governance, and paving the ground for conflict settlement and peacebuilding,” Wang said, adding that “every step in China’s development is an increase in the force for peace.”

    Chinese modernization will contribute robustly to the common development for all, Wang said.

    “China does not only care about its own development. We are ready to develop hand in hand with all countries.” Wang said, mentioning such Chinese efforts as further expanding high-standard opening up, granting visa-free entry to citizens of a growing number of countries, promoting high-quality Belt and Road cooperation, making concrete steps to support the 2030 Agenda for Sustainable Development, as well as speeding up the support of Global South cooperation and Africa’s peace and development.

    Chinese modernization will contribute robustly to improving global governance, Wang said.

    Stressing the fact that China has been an abiding supporter of the UN’s continued reform and development, Wang pledged that China will continue to fulfill its international obligations, provide financial support and send our best minds to the United Nations. The UN system needs to respond to the legitimate calls of developing countries and increase the representation and voice of those in the Global South, he added.

    Chinese modernization will contribute robustly to the advancement of human civilization, Wang said.

    Chinese modernization has created a new form of human advancement, and provided a new choice to other countries in exploring modernization paths, Wang said, adding that China believes different civilizations should respect and learn from one another, and jointly contribute to the progress of human civilization.

    “China has proposed the setting up of an International Day for Dialogue among Civilizations. We call for more people-to-people exchanges and cooperation across the world, to strengthen mutual understanding and amity among people of all countries,” Wang said.

    MIL OSI China News

  • MIL-OSI China: 1st helicopter route from Sanya to Zhanjiang makes inaugural flight successfully

    Source: People’s Republic of China – State Council News

    1st helicopter route from Sanya to Zhanjiang makes inaugural flight successfully

    Updated: September 30, 2024 10:40 Xinhua
    A helicopter is prepared ahead of the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. The first helicopter route from Sanya to Zhanjiang successfully made its inaugural flight on Sunday. Operated by China Southern Airlines, the route is expected to have a flight duration of 60 minutes. [Photo/Xinhua]
    Staff members prepare for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    A staff member prepares for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    A staff member refuels a helicopter ahead of the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    A helicopter takes off for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    Passengers board a helicopter for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    A helicopter prepares to take off for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]
    A helicopter takes off for the inaugural flight of the first helicopter route from Sanya of south China’s Hainan Province to Zhanjiang of south China’s Guangdong Province, in Sanya, Sept. 29, 2024. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI China: Cutting-edge technologies, products of NEV showcased in Hainan

    Source: People’s Republic of China – State Council News

    Cutting-edge technologies, products of NEV showcased in Hainan

    Updated: September 30, 2024 10:14 Xinhua
    This photo taken on Sept. 28, 2024 shows an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province. More than 30 NEV firms showcased their new energy vehicles, batteries and intelligent-connected technology at the exhibition. [Photo/Xinhua]
    This photo taken on Sept. 28, 2024 shows a Global Intelligent Electric Architecture (GEA) at the booth of Geely during an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province, Sept. 28, 2024. [Photo/Xinhua]
    This photo taken on Sept. 28, 2024 shows a MIGHTY Fuel Cell vehicle at the booth of Hyundai during an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province. [Photo/Xinhua]
    This photo taken on Sept. 28, 2024 shows a chassis with AI technology at the booth of Geely during an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province, Sept. 28, 2024. [Photo/Xinhua]
    This photo taken on Sept. 28, 2024 shows a hydrogen fuel cell system at the booth of Hyundai during an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province. [Photo/Xinhua]
    This photo taken on Sept. 28, 2024 shows Shendun short-blade battery at the booth of Geely during an exhibition featuring cutting-edge technologies and products of new energy vehicle (NEV) in Haikou, south China’s Hainan Province. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI China: Sanitary, living conditions across Gaza ‘inhumane’: UN agency

    Source: China State Council Information Office

    A temporary shelter is pictured in the northern Gaza Strip city of Jabalia, on Sept. 22, 2024. [Photo/Xinhua]

    The health and living conditions in the Gaza Strip are “inhumane,” the UN agency for Palestine refugees said Sunday.

    “Sanitary and living conditions across Gaza are inhumane,” The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) said on social media platform X.

    “Mountains of garbage are piling up in Gaza’s middle areas as sewage leaks onto the streets,” it said.

    “Families have no choice but to live beside the accumulated waste, exposed to the reek and the threat of a looming health disaster,” it said, calling for an immediate ceasefire.

    Israel has launched a large-scale offensive against Hamas in Gaza to retaliate against a Hamas rampage through the southern Israeli border on Oct. 7, 2023, during which about 1,200 people were killed and more than 250 others taken hostage.

    The Palestinian death toll from the ongoing Israeli attacks on Gaza has risen to 41,595, with 96,251 others injured, local health authorities said Sunday in a statement.

    MIL OSI China News

  • MIL-OSI China: 170 dead in Nepal’s floods, landslides

    Source: China State Council Information Office

    Rescuers evacuate residents trapped by flood in a neighborhood in Lalitpur, Nepal, Sept. 28, 2024. [Photo/Xinhua]

    Nepal’s hydropower plants and irrigation facilities were badly damaged in floods and landslides triggered by incessant rainfalls in recent days, with an estimated initial loss of 4.35 billion Nepali rupees (32.6 million U.S. dollars).

    Addressing a press meeting on Sunday, officials at Nepal’s Ministry for Energy, Water Resources and Irrigation said that disasters spelt by continuous rains on Friday and Saturday had caused an estimated loss of 3 billion rupees (22.5 million dollars) to hydropower and transmission projects, while river control and irrigation projects suffered an estimated loss of 1.35 billion rupees (10.1 million dollars).

    According to the officials, floods had damaged 11 operating hydropower plants with a combined generation capacity of 625.96MW and forced other operating plants to shut down. As a result, 1,100MW in generation capacity was halted, nearly one-third of the total capacity of the country’s operating power plants.

    Fifteen hydropower plants under construction were damaged as well, it was noted.

    As power plants and transmission lines were damaged, power supply in different parts of the country has been disrupted.

    “Managing enough power for the country in the upcoming winter could be challenging as it takes time to maintain and repair the damaged power plants,” said Kul Man Ghising, managing director of Nepal Electricity Authority.

    Nepal produces surplus hydropower during the monsoon season, but in the dry season it generates around one-third of the power.

    Meanwhile, the death toll from floods and landslides hit 170 by Sunday evening, the Home Ministry said in a statement. Furthermore, 111 were injured and 42 others missing, the ministry said, noting that about 4,000 victims had been rescued.

    The Ministry of Physical Infrastructure and Transport said in a statement that 47 of 80 national highways in Nepal had remained obstructed.

    MIL OSI China News

  • MIL-OSI China: China provides vibrant digital trade cooperation platform with int’l expo

    Source: China State Council Information Office

    Sales staff promote African products via livestreaming during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

    The third Global Digital Trade Expo (GDTE), concluding on Sunday, has been a vibrant platform for fostering global partnerships in digital commerce and thus sustainable growth.

    Held in Hangzhou, a city known for blending ancient charm and modern innovation, the expo featured more than 1,500 enterprises, including over 300 international companies.

    Attendees experienced cutting-edge innovations like AI-driven robots and hydrogen-powered drones and were presented with over 400 new products and technologies.

    Valuable experience

    Kazakh Minister of Digital Development, Innovation, and Aerospace Industry Zhaslan Madiyev highlighted China’s role as a global leader in e-commerce and digital technologies, noting that China is accelerating the digital transformation of markets worldwide.

    In a written interview with Xinhua, Madiyev said China’s experience offers valuable insights for countries in the early stages of developing their digital markets, aiding global growth and helping reduce digital inequality. He cited Kazakhstan’s efforts to improve telecommunications and cybersecurity by learning from China.

    In addition to cutting-edge technologies, China’s experience in e-commerce also set an example for countries seeking to capitalize on the rapid growth of digital trade.

    Kilimall, an e-commerce platform founded by Chinese entrepreneurs in Africa in 2014, has become one of the most popular shopping websites among Africans. It has generated about 10,000 local jobs in logistics, courier services, customer support and regional sales.

    The cooperation between China and Africa in digital economy “represents a new model of economic cooperation that creates tangible value for businesses and people on both sides” said Ugandan Ambassador to China Oliver Wonekha.

    Digitalization is a technological leap and a key driver of future development for countries and businesses, said Jean Louis Robinson, ambassador of Madagascar to China. “We are eager to work closely with Chinese companies to learn from China’s advanced experience in digital economy and promote sustainable development in Madagascar,” he added.

    Robots perform dance at a booth during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

    Vast opportunities

    China’s advanced digital economy and vast market scale are creating immense opportunities for the world, said experts and attendees at the expo.

    “For us, China is not just a sales market,” said Lyu Feng, division head of public relations at Yokogawa China, a Japanese electric firm. He highlighted China’s vast emerging industries, strong market demand, and numerous high-tech companies.

    Lyu added that the company emphasizes collaborating with Chinese enterprises to explore new opportunities, particularly in digital transformation and carbon emissions management in the manufacturing sector.

    Zhu Lili, vice president of AstraZeneca China, expressed that the pharmaceutical giant is “highly confident” in the Chinese market and its innovation ecosystem. She emphasized the company’s goal to partner with more local firms to explore the application of digital technologies in healthcare, driving sustainable and high-quality growth for both the healthcare industry and the broader economy.

    In the first half of 2024, China’s cross-border e-commerce imports and exports reached 1.22 trillion yuan (about 170 billion U.S. dollars), an increase of 10.5 percent year over year, according to customs data.

    Kazakhstan has opened national pavilions on Chinese e-commerce platforms like Alibaba and JD.com to promote products such as powdered milk, safflower oil, and honey, boosting bilateral e-commerce ties, Serik Korzhumbayev, editor-in-chief of Delovoy Kazakhstan, told Xinhua.

    Yao Hongchun, vice president of the Thai Chinese New Generation Business Association, emphasized its potential for collaboration with China, mainly through advanced e-commerce technologies tailored to Thai consumers.

    A foreign merchant consults about a small intelligent translation device at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

    Cooperation platform

    “E-commerce can be successful and further developed in the long run if everyone can find their way in it, if it is based on close international cooperation, if it is diversified and if as many countries as possible are involved on both the manufacturer and the buyer side,” Hungarian National Assembly’s Deputy Speaker Lajos Olah said at the opening ceremony of the expo.

    By July 2024, China has signed e-commerce cooperation memorandums of understanding with 33 countries spanning five continents.

    Additionally, China has been involved in digital economy collaborations through multilateral frameworks like the Shanghai Cooperation Organization, BRICS, the APEC Economic Leaders’ Meeting, and the G20, according to an e-commerce development report released by China’s Ministry of Commerce during the expo.

    Beyond exhibitions, this year’s GDTE also featured multiple forums, meetings, and seminars, providing officials and industry leaders with platforms to exchange views and discuss prospects for international collaboration.

    Through participating in the expo, Thailand is ready to work with partners in trade, investment, research, and development to expand its digital products and services, aiming to integrate into key global supply chains, Thailand’s Deputy Permanent Secretary of the Ministry of Commerce, Ekachat Seetavorarat told Xinhua on the sidelines of the expo.

    Madiyev also highlighted the GDTE as a unique opportunity to exchange experiences with leading global players in the digital economy and expand economic ties with other countries, particularly China.

    MIL OSI China News

  • MIL-OSI China: Mergers, acquisitions in Chinese capital market gain steam

    Source: China State Council Information Office

    This panoramic aerial photo taken on Jan. 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China’s Shanghai. [Photo/Xinhua]

    Mergers and acquisitions (M&A) among Chinese listed firms have gathered pace in recent months thanks to favorable policies to consolidate companies’ competitiveness, contributing to the high-quality development of the country’s capital market.

    The number of such M&A cases saw a marked increase from the same period last year, with 46 major asset reorganization deals disclosed between May and mid-September, according to information made public by companies listed on the A-share market.

    “So far this year, M&A has been particularly active among technology firms, state-owned enterprises (SOEs) and securities companies, with market forces playing a bigger role in the deals,” said Tian Lihui, head of the Institute of Finance and Development at Nankai University.

    A telling example is the acquisition of APT Medical, a manufacturer and supplier listed on Science and Technology Innovation Board (STAR) market, by Mindray, an industry leader in medical equipment development and manufacturing.

    The transaction was announced in January and completed in April. By combining APT Medical’s advantages in the field of electrophysiology and vascular intervention medical devices and Mindray’s R&D capability and overseas marketing experience, the deal improved the competitiveness of both companies.

    Semi-annual financial reports show that the net profits of Mindray and APT Medical increased by 17.37 percent and 33.09 percent, respectively, in the first six months of this year.

    In June, the China Securities Regulatory Commission (CSRC) publicized a slew of measures to further reform the STAR market and pledged greater efforts to support M&A activities among companies listed in the market.

    The CSRC said it will support industrial chain integration among the companies, and make M&A institutions more inclusive by supporting companies to acquire high-quality tech firms that are yet to make profits.

    Driven by such measures, the transaction values of M&A deals of the companies on the STAR market exceeded 3 billion yuan (about 427.34 million U.S. dollars) in the first half of the year, doubling that of the same period in the previous year, data from the Shanghai Stock Exchange showed.

    Technology companies can accelerate innovation and industrial upgrading through M&A activities, said Tian.

    In addition, SOEs at both central and local levels are also leveraging M&A to drive industrial specialization and integration, enhancing industrial synergy with business partners.

    In September, two listed subsidiaries of China State Shipbuilding Corporation announced a plan to merge, which is expected to be one of the largest M&A transactions in the A-share market by market value in recent years.

    The merger is projected to propel the new entity to a leading global position in shipbuilding, characterized by comprehensive research and innovation capabilities, along with a rich product structure and production lines, according to a research note from Huatai Securities.

    Securities firms also saw major M&A deals this year, with Guotai Junan Securities and Haitong Securities planning to merge through a share swap.

    In recent years, the CSRC has continuously promoted market-oriented reform in the M&A of listed companies. This has been achieved through a slew of measures, including streamlining approval procedures and optimizing regulatory requirements.

    The effort was intensified this year. In the context of global industrial transformation and China’s accelerated economic structural upgrade, it is “urgent” for companies to harness M&A’s pivotal role in promoting industrial integration as well as enhancing industry quality and efficiency, CSRC Chairman Wu Qing said at a press conference on Tuesday.

    On the same day, the CSRC rolled out new measures to support Chinese listed companies in pursuing M&A activities, vowing to help channel more resources toward new quality productive forces, encourage the companies to enhance industrial consolidation and elevate their investment value through improving market value management.

    Tian anticipated that the regulator’s latest policies will further invigorate China’s M&A market and drive the transformation and upgrading of listed companies.

    “The M&A trend is expected to continue and play an important role in sharpening companies’ competitiveness, especially in areas related to SOE reform, sci-tech innovation and financial service integration,” he said.

    MIL OSI China News

  • MIL-OSI China: China’s manufacturing PMI at 49.8 in September

    Source: China State Council Information Office

    An aerial drone photo taken on Aug. 28, 2024 shows an interior view of the digital factory at a manufacturing enterprise in Yinchuan, northwest China’s Ningxia Hui Autonomous Region. [Photo/Xinhua]

    The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.8 in September, up from 49.1 in August, official data showed Monday.

    MIL OSI China News

  • MIL-OSI China: Experts report big boom in summer travel

    Source: China State Council Information Office

    China’s tourism market rebounded strongly this summer, with travel experts reporting significant growth in passenger numbers, spending, and both inbound and outbound trips as the country continues to emerge from the COVID-19 pandemic.

    Domestically, travel surged during the summer holiday, which typically runs from early July to late August. The Civil Aviation Administration reported that domestic airlines transported 117 million passengers from July 1 to Aug 20.

    Meanwhile, China Railway Group said it handled 887 million passengers from July 1 to Aug 31, a 6.7 percent increase year-on-year.

    “Summer is always peak season for domestic tourism, but this year, tourists showed more interest in lesser-known destinations and traveled with more reasonable budgets,” said a spokesperson for Tuniu, a travel portal.

    The domestic tourism market performed more evenly throughout the summer, with demand peaking in mid-July and lasting through the end of August.

    Long-distance tours and family trips were the most popular choices — in fact, over half Tuniu’s summer bookings were for far-flung destinations. Besides traditional tourist hot spots like Beijing and Shanghai, smaller destinations such as Yanbian Korean autonomous prefecture in Jilin province, Datong in Shanxi province and Chengde in Hebei province gained popularity for their cultural offerings and cooler climates.

    “I took my 6-year-old daughter to Yanji in late July,” said Ye Xiao, a 31-year-old teacher from Beijing, speaking of the county-level city that serves as the seat of Yanbian. “The weather was pleasant, and we enjoyed exploring the Korean ethnic culture. It was a memorable trip with fewer tourists and great food at reasonable prices.”

    China’s inbound tourism also experienced robust growth, buoyed by relaxed visa policies, including the 144-hour transit policy for citizens of 54 countries and the “ChinaTravel” topics that trended on international social media platforms.

    And the 2024 Paris Olympics provided an additional boost to outbound travel, with LY.com reporting a 300 percent increase in hotel bookings in Paris and neighboring areas and an 80 percent surge in flight bookings from China’s major cities to the French capital.

    Qunar, another travel portal, noted that bookings for domestic flights by travelers using non-Chinese passports were 1.8 times higher compared to last year. Trip.com Group reported a 70 percent year-on-year increase in mainland tourism bookings, with South Korea, Thailand, Singapore, and the United States contributing the most visitors. Shanghai, Beijing and Guangzhou were the top destinations for international tourists.

    Southeast Asia remained the top choice for Chinese traveling overseas due to cheaper flights, affordable hotels and favorable visa policies.

    Dai Bin, president of the China Tourism Academy, told China Central Television that this summer marked the highest level of travel enthusiasm in recent years, with increases in the number of travelers, tourism spending and cross-border trips.

    MIL OSI China News

  • MIL-OSI China: China eyes long-term funds to promote stable, sustainable capital market

    Source: China State Council Information Office

    China is intensifying moves to channel long-term funds into its capital market as part of the efforts to boost investor confidence and enhance market stability.

    Central authorities recently issued guidelines to streamline the entry of medium- and long-term capital from social security funds, insurance funds and wealth management funds into the market.

    The main measures contained in the guidelines include fostering a favorable long-term investment ecosystem, promoting the development of public and private equity funds, and improving related policies for medium- and long-term stock investment, according to the office of the Central Financial Work Commission and the China Securities Regulatory Commission.

    Financial analysts have expressed widespread recognition of the value of these policies. Du Xingye, an associate professor at the University of International Business and Economics, emphasized the necessity of attracting long-term funds. Ming Ming, chief economist at CITIC Securities, believes the move will help build long-term confidence.

    The entry of long-term capital can help reduce market fluctuations and enhance overall market stability as such funds typically possess well-structured research teams capable of discovering a company’s value and executing long-term investment strategies, said Liu Xinyu, co-general manager of the public investment department of Rivers Fund, a public equity fund.

    In recent years, calls for increasing long-term fund participation have intensified in China, and related measures have been introduced. However, while some progress has been made, an institutional environment friendly to long-term investment has not yet been fully established.

    At the end of August 2024, institutional investors, including public equity, insurance and various pension funds, collectively held 14.5 trillion yuan (about 2 trillion U.S. dollars) of circulating A-shares. Their proportion of the total market value increased from 17 percent at the beginning of 2019 to 22.2 percent by August.

    There is significant room for growth for long-term funds in the capital market, experts said, noting that the increasing participation of such funds, which feature higher professional standards and stability, will optimize the investor structure.

    The latest guidelines achieved substantial policy breakthroughs in areas such as long-cycle assessment for funds, policy synergy and the building of a supportive market ecosystem.

    A three-year long-cycle assessment mechanism for insurance funds and various pension funds will be established, and investment policies will also be improved for the national social security fund and basic pension insurance fund, according to the guidelines.

    Problems in the current short-sighted assessment approach for funds are prominent, as the undue emphasis on short-term profit targets has overshadowed the importance of long-term metrics.

    Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, said the guidelines specifically address assessment challenges, thereby helping to reduce obstacles preventing long-term funds from flowing into the stock market.

    Additionally, Pan Hongsheng, chief economist of the China Institute of Finance and Capital Markets, said the guidelines support institutional investors’ participation in corporate governance, which will solidify the market foundation for long-term fund entry. It is crucial to create an ecosystem where long-term funds can “enter, stay and thrive,” Pan added.

    China’s central bank, top securities regulator and financial regulator Tuesday announced a raft of monetary stimulus, property market support and capital market strengthening measures to boost the country’s high-quality economic development.

    The Political Bureau of the Communist Party of China Central Committee held a meeting on Thursday to analyze and study the current economic situation and make further arrangements for economic work.

    The meeting called for efforts to boost the capital market, vigorously guide medium- and long-term funds to enter the capital market, and clear obstacles for social security, insurance and wealth management funds to invest in the capital market.

    Thanks to the new measures, the investor confidence has improved significantly, with the stock market on an upward streak in recent days.

    The benchmark Shanghai Composite Index closed at 3,087.53 points on Friday — a 12.81 percent weekly gain. The Shenzhen Component Index soared 17.83 percent in the week to close at 9,514.86 points.

    On Friday alone, the combined turnover of the two indices neared 1.45 trillion yuan, surpassing the 1-trillion-yuan mark for a third consecutive day.

    MIL OSI China News

  • MIL-OSI China: Chinese PLA Navy to host open-ship events celebrating 75th anniversary of PRC

    Source: China State Council Information Office 2

    The naval forces of the Chinese People’s Liberation Army (PLA) Northern Theater Command will open five vessels to the public to celebrate the 75th founding anniversary of the People’s Republic of China (PRC).
    The event, to be held from Oct. 1 to 3, will take place at two harbors in Qingdao, east China’s Shandong Province. It is expected to attract more than 120,000 visitors.
    The five vessels, including two missile frigates, two missile destroyers and one comprehensive supply ship, were all independently designed and built by China.
    In addition to the event, the PLA Navy will host similar open-ship events in Guangdong Province and Guangxi Zhuang Autonomous Region.

    MIL OSI China News

  • MIL-OSI China: Xi pays tribute to fallen heroes on Martyrs’ Day

    Source: China State Council Information Office 2

    Chinese President Xi Jinping and other Party and state leaders attended a ceremony to present flower baskets to fallen heroes at Tian’anmen Square in central Beijing on Monday.
    The event was held to mark Martyrs’ Day.
    Follow China.org.cn on Twitter and Facebook to join the conversation.ChinaNews App Download

    MIL OSI China News

  • MIL-Evening Report: Unwritten rules, nostalgia and subtle rebellion: how school photos capture childhood and the changing times

    Source: The Conversation (Au and NZ) – By Cherine Fahd, Associate Head of School, School of Design, University of Technology Sydney

    A 1935 school photograph taken in Kandos, NSW. Author provided, courtesy of the Kandos Museum.

    In the town of Kandos, New South Wales, there’s the local Kandos Museum run by volunteers. The museum holds relics from the cement works that once defined the town, but there are other treasures, too.

    As part of the Cementa24 festival, I became fixated on the museum’s collection of school photos. Neatly organised into ring-bound folders by the volunteers, the group portraits span decades of students from Kandos Public School and Kandos High School, from 1924 through to the 1990s.

    A photo album made by volunteers at the Kandos Museum.
    Author provided

    I enlarged and cropped some of these photos to turn them into street posters to scatter around town. I asked permission before sticking a few outside the local pub, the radio station, the post office and the op shop. I spot the locals smiling as they pass them, stopping to look for someone they know. I watch them point at the pictures and hear them naming names.

    Working on this project, I can’t stop thinking about the weight of these photographic rituals. School photos aren’t just memories; they hold social histories. Through them, you can trace changes in hairstyles, fashion, attitudes and even migration – yet there’s something homogeneous and unchangeable about how they’re made.

    School photo rules

    There’s always a physical hierarchy in these photos. The photographer organises the group to ensure compositional acuity. The students are lined up in rows, with tall people in the back and shorter people in front – evenly spaced, arranged by height and symmetry.

    When was the rule made that says this is how a group should look? Balanced, orderly and with everyone fitting neatly into place, whether they socially do or not. Somehow I always ended up on the edge of the middle row. The social dynamics of the playground found their way into the organisation of our bodies, forever captured in a split second.

    A photo of Kandos’ 5th Form, 1967.
    Author provided, courtesy of the Kandos Museum

    Looking at the Kandos photos from the 1940s through to the 1970s, then at my children’s photos from 2013 to 2024, and my own school photos in the 1980s and ‘90s, I can see the difference in public, private and catholic school uniforms. I can see the difference in racial diversity (or lack thereof) between a small regional town, inner-city Sydney and suburban southwest Sydney. I can also see how much photographic technology has changed.

    Despite this, the organisational structure of the school photo remains the same. The kids still stand stiffly in their rows, with identical tunics and ties. Standing too close, someone’s elbow digs into someone else’s side.

    As a photographer now, I often think about these school photos and the rituals that have remained largely unchanged in Australia. Every year, kids are shuffled onto tiered steps. Those in the front put their knees together, hands in laps, while the girls must “try to look like ladies”. Then there are the “nobodies” in the middle row (or is that just me reading into it?)

    The perils of posing

    Posing for school photos can be complicated. One year my daughter came home from school and declared the photographer was sexist because he made all the girls sit in the front row while the boys got to stand. I asked her why sitting was sexist. She couldn’t explain – she was eight years old – but she certainly felt the power difference between sitting with your knees pressed together and standing tall.

    And what about the solo portrait? I still think about my kindergarten class from 1979. The group photo was fine. I was happy, standing next to my new best friend. But my solo portrait was a disaster. I looked possessed, my eyes half-closed, lashes blurred, caught mid-blink.

    My mother didn’t buy the solo photo, but she kept the group one. After that I promised myself it would never happen again. I told myself every year: “don’t blink, don’t blink”. Back then, photography was on film. There were no re-dos, no instant feedback, no photoshop and no AI. Once the camera clicked, that was it.

    ‘Don’t blink, don’t blink,’ I’d think, while trying to keep my eyes open.
    Author provided

    At the end of primary school, I’d visit my best friend’s house and envy the neat, chronological line of her school photos framed on her kitchen wall. Year by year, there she was, changing just slightly – a slow, steady record of growing up. I didn’t know why, but seeing framed evidence of time passing made me emotional. Maybe it was the certainty of the way her life was so neatly documented.

    My own school photos never made it to the wall in such a tidy fashion. But they did make it into my father’s wallet, my mother’s purse, in frames above the piano, on the fridge, in photo albums and in many a drawer.

    Small acts of rebellion

    The 1950s photos are formal and solemn. Back then you stood straight, faced the camera and no one smiled too much. By the 1970s and ’80s, the kids started to smirk – with hair loosened, mullets, and bodies shifting like they were trying to resist the pose. In one photo, the basketball team boys have their shoes off, feet raised above the blistering asphalt in the summer heat. The rules were still there, but you can see them pushing back.

    Bare feet raised in a photo of the Kandos High School Open basketball team, 1975.
    Author provided, courtesy of the Kandos Museum.

    What if we invited the rituals to change? What if students could self-organise, be silly, pull faces, wear their own clothes, and resist gender binaries and institutional uniformity?

    Some of the photos in the Kandos albums hint at this potential for small acts of rebellion. There’s the girl pulling a face, one laughing in profile. In one photo there’s a kid wearing a non-regulation jumper, and another in which they were clearly allowed to be silly because the teacher is laughing too.

    Photographic rebellion in the class of 1996.
    Author provided, courtesy of the Kandos Museum.

    In the pre-digital era, these small mishaps and moments of failure were captured unpolished and unfiltered. Those are the images I find myself drawn to; these are often the best ones. They reveal how uncomfortable it can be being photographed and how forced a pose can feel. Shirking a smile and a stiff stance is maybe the only power we have in that brief moment.

    Cherine Fahd does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Unwritten rules, nostalgia and subtle rebellion: how school photos capture childhood and the changing times – https://theconversation.com/unwritten-rules-nostalgia-and-subtle-rebellion-how-school-photos-capture-childhood-and-the-changing-times-239190

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Better evidence for better policymaking

    Source: Australian Treasurer

    Today, I will travel to the United Kingdom to discuss rigorous policy evaluation with experts and policymakers.

    Rigorous policy evaluation is an important tool for creating opportunity and addressing inequality. The meetings will be a valuable chance to exchange ideas with a jurisdiction that has been a leader in the field of evidence‑based policymaking.

    On Wednesday, I will deliver a public lecture at the University of Oxford. On Thursday, I will speak at an event hosted by the UK Evaluation Task Force in London, and will also engage in an in‑conversation event hosted by the Behavioural Insights Team.

    These events will be a chance to make the case for randomised trials and international evidence sharing.

    I will also meet with leaders from the UK’s network of What Works Centres to discuss how we can further develop evidence‑based policy making in Australia.

    This dialogue and engagement will directly support the development of the Australian Centre for Evaluation in Treasury and help improve the quality of evaluation across the Australian Government.

    More broadly, the trip is a chance to discuss common difficulties and opportunities in my portfolio areas, including in competition, multinational tax and statistics. Meetings with UK government counterparts will cover how our economies can address common challenges in these areas.

    MIL OSI News

  • MIL-OSI Asia-Pac: Authorised mobile network operators can install mobile communications facilities in specified buildings for free from April 1, 2025

    Source: Hong Kong Government special administrative region

    Authorised mobile network operators can install mobile communications facilities in specified buildings for free from April 1, 2025
    Authorised mobile network operators can install mobile communications facilities in specified buildings for free from April 1, 2025
    ******************************************************************************************

         The amended section 14 of the Telecommunications Ordinance (Cap. 106) (TO) will come into operation tomorrow (October 1). Mobile network operators authorised by the Communications Authority (CA) can access the reserved space in specified buildings with building plans approved on or after April 1, 2025, to install and maintain mobile communications facilities (MCFs) without the payment of a fee to the land owners concerned.      The TO stipulates that specified buildings cover newly built and rebuilt commercial, industrial, residential and hotel buildings. New government buildings and public housing developments will also follow the relevant arrangements to reserve space for mobile network operators to install MCFs.      To implement the new measure, the CA, after considering the views from the telecommunications industry, building developers, construction professional bodies and the property management industry, has promulgated the Code of Practice for the Provision of Mobile Access Facilities in Specified Buildings for the Provision of Public Mobile Radiocommunications Services (Mobile CoP), which stipulates the minimum standards and requirements of the infrastructure facilities for the installation of MCFs in specified buildings. The Building Authority has also updated the Practice Note for Authorized Persons, Registered Structural Engineers and Registered Geotechnical Engineers on Access Facilities for Telecommunications and Broadcasting Services (Practice Note (APP-84)) issued in accordance with section 28A of the Building (Planning) Regulations (Cap. 123F), which promulgates the requirements on floor space and ancillary facilities for the installation of MCFs in specified buildings. The Mobile CoP and the Practice Note (APP-84) will come into effect tomorrow. Details have been uploaded to the websites of the CA and the Buildings Department.      The relevant amendments to the TO will help institutionalise the arrangements for installing MCFs in specified buildings and streamline the approval process, with a view to further expanding the network coverage of Hong Kong’s fifth generation (5G) mobile services and facilitating Hong Kong’s development into a smart city.

     
    Ends/Monday, September 30, 2024Issued at HKT 11:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCSD to hold “Jazz Music Appreciation for Beginners” Lecture Demonstration Series (with photo)

    Source: Hong Kong Government special administrative region

    LCSD to hold “Jazz Music Appreciation for Beginners” Lecture Demonstration Series (with photo)
    LCSD to hold “Jazz Music Appreciation for Beginners” Lecture Demonstration Series (with photo)
    ******************************************************************************************

         The Leisure and Cultural Services Department (LCSD) will present the “Jazz Music Appreciation for Beginners” Lecture Demonstration Series on five consecutive Wednesdays starting from October 30, featuring members of the local emerging jazz music group “Fountain de Chopin” as the speakers and demonstrators to cover the fundamentals, origins, evolution and distinctive characteristics of jazz music in an easy-to-understand manner. With live demonstrations woven throughout the lectures, audiences can not only have a better understanding of this globally cherished music genre but also learn to appreciate the fascinating charisma that jazz music embodies.     Details of each lecture are as follows:Lecture 1: Exploring Jazz – Structure and Instrument Analysis—————————————————————————Date: October 30 (Wednesday)     Complemented by live demonstrations, the speakers will introduce audiences to the basics as well as the more advanced structures and nuances of jazz music, including the communication between musicians and the methods and terminology of improvisation, so that they can understand the key points and details to focus on when listening to jazz.Lecture 2: The Origins of Jazz Music (1910 to 1940)—————————————————————Date: November 6 (Wednesday)      The speakers will introduce the origins of jazz music and popular trends from the early 20th century such as “Big Band” and “Swing”, with highlights on several iconic jazz musicians, including Louis Armstrong and Duke Ellington. With live performances, audiences can be immersed in the audible history of jazz. Lecture 3: The Evolution of Jazz Music (1940 to 1970)——————————————————————-Date: November 13 (Wednesday)     The speakers will introduce and showcase performances of various jazz music genres, such as “Bebop”, “Cool Jazz”, “Hard Bop”, “Free Jazz”, “Latin Jazz” and “Fusion Jazz”. They will also elaborate on how jazz has evolved to place greater emphasis on breaking rules, thereby allowing musicians more freedom in improvisation. Several influential musicians in the jazz scene, including Chet Baker, John Coltrane and Herbie Hancock, will also be highlighted. Lecture 4: Modern Jazz Music (1970 to present)———————————————————-Date: November 20 (Wednesday)     Through demonstration performances, the speakers will give an overview of the development of jazz music from the mid-20th century to the present, including “Fusion Jazz” and later “Modern Jazz”, and will introduce some icons of “Jazz-Rock Fusion” such as Miles Davis and Chick Corea.Lecture 5: Embark on a Journey from the Ears to Discover Your Own Jazz Music————————————————————————————————–Date: November 27 (Wednesday)      In the final lecture, through improvisational performances, the speakers will explain different types of jazz music and their features, progressing from basic to advanced levels. By learning about masterpieces of jazz and the distinctive styles of musicians, audience members will know how to appreciate and distinguish between different jazz genres.      “Fountain de Chopin” was established in 2021 by local jazz musicians. Its core members include Bowen Li (pianist), Michael Chan (guitarist), Nelson Fung (bassist), Dean Li (drummer), Timothy Wan and Brian Cheung (saxophonists). Dedicated to promoting local jazz music, the group focuses on organising small-scale performances, listening sessions, and improvisational concerts. The group has also been invited to participate in various local music events, and has actively engaged in interdisciplinary collaborations with musicians.       All lectures will be conducted in Cantonese and will start at 7.30pm in the Lecture Hall of the Hong Kong Space Museum. Each lecture will run for about one hour and 30 minutes. Tickets priced at $100 (for each lecture, with free seating) are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. For programme enquiries, please call 2268 7321 or visitwww.lcsd.gov.hk/CE/CulturalService/Programme/en/music/programs_1792.html.

     
    Ends/Monday, September 30, 2024Issued at HKT 11:00

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    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Have your say: 30-year plan to share the cost of growth

    Source: Auckland Council

    Aucklanders are encouraged to have their say on a new policy for development contributions.  The consultation is open from Monday 30 September until Friday 15 November 2024.   

    Development contributions are fees the council charges developers to help fund the cost of growth in Tāmaki Makaurau.   

    The council uses this money to help pay for new assets that are needed to support the new households or business properties that have been, or will be, developed in Auckland. This includes roads and footpaths, parks; libraries and community facilities; and drainage and stormwater systems. 

    Andrew Duncan, Manager of Financial Policy at Auckland Council, notes providing the infrastructure to support expected growth is a key council function. 

    “Infrastructure allows new developments to be built and ensures Aucklanders have access to the activities and services they expect.   

    “Tāmaki Makaurau is growing at a rapid rate – Auckland’s population is expected to grow by approximately 600,000 people over the next 30 years. 

    “Development contributions are a way of ensuring that growth pays for growth and the costs of infrastructure are fairly shared between developers, ratepayers, and funding from the government.” 

    Sharing the cost of growth  

    Over the 10-year period from 2024 to 2034 the council will be investing around $39.3 billion in its capital investment programme, which includes $10.3 billion of projects with a growth component. It’s also planning to invest $10.9 billion from 2034 to 2054 in the Investment Priority Areas at Drury, the Inner Northwest and the Auckland Housing Programme areas at Tāmaki, Mt Roskill, and Māngere. These areas are joint priority areas with the government and are key locations where the council can focus its limited resources. The development contributions policy makes sure the cost of new infrastructure is fairly shared between developers and ratepayers based on who causes the need for the infrastructure and who benefits from it.  
      
    Without this policy, ratepayers would be covering the share of the cost of providing growth-related infrastructure that would otherwise fall to developers.  

    What will the policy cover?  

    The proposed policy will reflect: 

    • the spending and investment decisions over the 10-year period of the Long-term Plan (2024-2034) 
    • latest projections for growth in population and interest rates   
    • updates to project costs 
    • updates to long-term investments in Drury. 

    It also proposes to plan for long-term investment in Investment Priority Areas (IPAs) over the next 30 years in a similar way to what the council is already doing for Drury. These are key locations where the council can focus its limited resources. They are all joint priority areas with government, and the additional areas are: 

    • inner northwest areas at Red Hills, Westgate and Whenuapai 
    • the Auckland Housing Programme (AHP) areas at Tāmaki, Māngere and Mt Roskill. 

    Updated investments planned to 2034 and changes to Drury 

    These policy changes will increase the average price of contributions from $21,000 to $30,000 per household unit equivalent (HUE), which is the requirement for a typical residential home. This figure includes the capital spend reflected in all 10 years of the long-term plan. 

    The council has reviewed the need for stormwater infrastructure in Drury, as well as the level of investment needed here over the next 30 years. As a result, the average price for development contributions in Drury will rise from $70,000 to $83,000. 

    Investment in the additional priority areas 

    The council has assessed the long-term investment requirements for the inner northwest and Tāmaki, Māngere and Mt Roskill using the best information currently available. The addition of $8.9 billion of investment over 30 years in these areas will raise the average price for development contributions in: 

    • the inner northwest from $25k to $98k 
    • Māngere from $18k to $29k 
    • Mt Roskill from $20k to $52k 
    • Tāmaki from $31k to $119k. 

    The proposed higher development contributions reflect the value of the infrastructure that will be required to support development and will ensure that developers pay a fair share of these costs.   

    The council’s economic analysis shows that higher development contributions do not generally lead to higher house prices. The price of housing is determined by supply and demand for houses rather than the cost of land and building. National and international evidence shows that rather than impacting housing prices, an increase in development contributions could lead to a reduction in the price of undeveloped land over time.

    Have your say

    You can tell us what you think of the policy on the council’s Have Your Say webpage. You can also join one of our events.  

    Join our webinars on: 

    Come see us in-person at the Ellen Melville Centre at 2 Freyberg Place, Central Auckland 1010in: 

    • the Marilyn Waring room on Thursday 17 October from 10am – 11.30am   
    • the Elizabeth Yates room on Thursday 31 October, from 1pm – 2.30pm 

    We want to hear your views. Have your say on the proposed development contributions policy from Monday 30 September until Friday 15 November 2024.  

    MIL OSI New Zealand News

  • MIL-OSI Australia: Allens advises Northern Minerals on $48m equity raising

    Source: Allens Insights

    Allens has advised Northern Minerals on a capital raising to progress its Browns Range heavy rare earth element (HREE) Project, including a $43 million two-tranche private placement and $5 million share purchase plan.

    The private placement, offered to existing and new institutional and sophisticated investors, attracted a significant level of demand.

    Located in Western Australia’s East Kimberley region, the Browns Range Project is one of the most high grade and advanced HREE projects outside China. The dysprosium and terbium resources it expects to supply are essential for high-performance permanent magnets used in electric vehicles and wind turbines.

    Allens advised on all elements of the capital raising from concept to execution, including capital raising structures, execution of the equity raising and regulatory considerations.

    ‘Strong demand continues among investors for rare earths exposure, as evidenced by the response to Northern Minerals’ private placement as well as sizeable raisings conducted by other developing players in the space throughout this year,’ said lead Partner Bryn Hardcastle.

    ‘We congratulate Northern Minerals on its successful capital raising and look forward to seeing what’s ahead for the Browns Range Project.’

    Allens legal team

    Bryn Hardcastle (Partner), Andrew Wong (Mergers and Acquisitions Counsel), Chris Bailey (Senior Associate), Alex Forster (Associate), Christopher Shields (Lawyer)

    MIL OSI News

  • MIL-OSI Australia: Dredging work begins on Lumsden Point Project in Port Hedland

    Source: Australian Ministers for Infrastructure and Transport

    Work has started on dredging at Lumsden Point in the Port of Port Hedland, with approximately one million cubic metres of material to be removed over the next eight weeks.

    The dredging will create a deeper access channel, swing basin and berth pockets to ensure the safe and efficient berthing of vessels at the new Lumsden Point facility.

    Earlier this year, Jan De Nul (Australia) Pty Ltd was awarded the contract for these vital dredging and land reclamation activities.

    Extensive preparatory works have already been completed, culminating in the arrival of the JFJ De Nul cutter suction dredge in Port Hedland earlier this week. 

    Environmental monitoring is being carried out as part of the dredging program to minimise the risk of impact to surrounding habitats.

    Dredged material will be disposed of at a designated reclamation area within Lumsden in accordance with an approved Environmental Management Plan.

    Lumsden Point will facilitate the export of battery metals such as lithium and copper concentrates, the import of renewable energy infrastructure including wind turbines and blades, as well as support the growth of direct shipping services to the Pilbara.

    The Australian Government is investing $565 million in common user port upgrades in the Pilbara, $450 million of which will enable the development of new multi-user facilities and berths at Lumsden Point.

    This is in partnership with the Western Australian Government, which is contributing $96.6 million to the project.

    BHP, Fortescue, Roy Hill and the Hancock Prospecting Pty Ltd/Mineral Resources Ltd Joint Venture have committed a total of $65 million towards dredging costs.

    Further information about the Lumsden Point project is available at http://www.pilbaraports.com.au(link is external)

    Quotes attributable to Minister for Infrastructure, Transport, Regional Development and Local Government Catherine King:

    “The Australian Government is delivering $565 million in common user port upgrades in the Pilbara to help unlock trade and investment opportunities and support a future made in Australia.

    “This project is all about investment in quality infrastructure which encourages and supports opportunities for local businesses and communities.

    “We will continue to partner with the Western Australian Government to ensure that this vital infrastructure progresses .”

    Quotes attributable to Western Australian Minister for Ports David Michael:

    “It’s fantastic to see the progress being made at Lumsden Point.

    “The commencement of the dredging and reclamation works represents a significant milestone in the project’s advancement which will help diversify trade in the Pilbara.

    “Upon completion, Lumsden Point is expected to boost Australia’s gross domestic product by $2.1 billion per annum.

    “It is expected to save 3.6 million tonnes of emissions by 2055 by supporting direct shipping to the Pilbara and providing a pathway for renewable energy infrastructure.”

    Quotes attributable to Senator for Western Australia Glenn Sterle:

    “The Australian Government’s investment in the Lumsden Point expansion helps position Northern Australia to take advantage of the economic opportunities this project will provide as demand grows locally and overseas for clean energy sources.

    “This project, which I’m pleased to see is underway, will drive both employment and economic growth while delivering lasting infrastructure that will continue to benefit the region well into the future.”

    Quotes attributable to State Member for Pilbara Kevin Michel:

    “Lumsden Point is a key investment in the Pilbara’s future, enhancing our ability to support economic growth and strengthen the region’s global significance. 

    “The port expansion will solidify the Pilbara’s role as a driving force in the green energy transition, unlocking new trade pathways and creating hundreds of local jobs that will directly benefit our communities.”

    MIL OSI News

  • MIL-OSI Asia-Pac: Director General David Cheng-Wei Wu attended Taiwan Tourism Promotion

    Source: Republic Of China Taiwan 2

    Taiwan Tourism Administration held a tourism promotion event in Sydney at Four Seasons Hotel on Sep 23 2024. It was a great turnout with nearly 70 Australian travel agencies joining to explore the great business opportunities.
    Director General David Cheng-Wei Wu spoke about Taiwan’s beauty in different ways. Taiwan and Australia are not only geographically close, but also sharing same core values, which makes Taiwan one of the safest and best places to Australian travelers. New initiative, Taiwan-Waves of wonder, allows you to experience its charms all year-around. Even Hollywood action movie “Weekend in Taipei” was 100% shot in Taiwan, which shows the city’s landscapes and diversities are also recognized by entertainment industry. The huge potential for the travel market is undeniable.
    The event was followed by PR representative’s briefing about Taiwan’s attractions, introduction of Meet Taiwan by Taiwan Trade Center and travel agents from Taiwan shared their ideas and packages. Then a few rounds of the match-making meetings were very successful.

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Person located deceased in water near Raglan

    Source: New Zealand Police (District News)

    Police were called this afternoon after a person was located deceased in the water near Raglan.

    A member of the public called Police at 2.25pm, after observing the person in the water from a nearby footbridge.

    While formal identification is yet to take place, Police believe the deceased is a 31-year-old Hamilton man reported missing last week.

    Police would like to extend our condolences to the man’s whānau and loved ones.

    Police will continue to make enquiries into the circumstances of the death on behalf of the Coroner.
     

    ENDS

    Issued by Police Media Centre. 

    MIL OSI New Zealand News

  • MIL-OSI USA: Sols 4318-4320: One Last Weekend in the Channel

    Source: NASA

    2 min read

    Earth planning date: Friday, Sept. 27, 2024 

    We’re wrapping up our time in the channel with the highly anticipated examination of the “Sheep Creek” white stones. Last plan’s reposition was a success, so we are able to go ahead with contact science on them this weekend. MAHLI and APXS picked three targets to investigate: “Cloud Canyon,” “Moonlight Lake,” and “Angora Mountain,” all of which sound so lovely and soft, and are quite evocative of these pale stones, which stand out so much against the background. ChemCam is also examining another of the white stones, “Pee Wee Lake.”

    Since this is looking like it will be our last weekend in the channel, we’re packing the plan with all the other last-chance targets before we leave them behind. Mastcam is making a large survey of some other light-toned rocks in the middle distance dubbed “Orchid Lake,” as well as getting a bit more context for an old target, “Marble Falls,” which we first imaged almost two weeks ago. A bit closer to the rover, it will examine a target we’re calling “Brown Bear Pass,” to study the surface properties of the soil. Mastcam will also be looking backwards at our tracks to see if we turned up anything interesting in our travels. And ChemCam has a couple of long-distance observations of another familiar target, “Buckeye Ridge.”

    After all that, it’s time for us to turn back around and head toward the edge of the channel with a drive of 55 meters (about 180 feet) back to our exit point. Even then, our weekend still isn’t over. We have a ChemCam-filled third sol, using AEGIS to autonomously select a target, and then getting a passive sky observation to keep an eye on the amount of different gases like oxygen and water vapor in the atmosphere. Speaking of the atmosphere, here on the environmental side we’re kept busy this weekend looking for dust devils and clouds, and keeping an eye on the amount of dust in the air around us. We’ll wrap up the weekend as we often do — with an early morning dedicated environmental science block.

    Written by Alex Innanen, Atmospheric Scientist at York University

    MIL OSI USA News

  • MIL-OSI Economics: Money Market Operations as on September 27, 2024

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 576,030.71 6.47 5.10-6.75
         I. Call Money 10,317.52 6.53 5.10-6.65
         II. Triparty Repo 409,571.75 6.44 6.25-6.60
         III. Market Repo 154,783.44 6.55 6.00-6.70
         IV. Repo in Corporate Bond 1,358.00 6.62 6.60-6.75
    B. Term Segment      
         I. Notice Money** 75.10 6.23 5.85-6.40
         II. Term Money@@ 558.00 6.60-7.10
         III. Triparty Repo 11,290.40 6.70 6.60-6.95
         IV. Market Repo 7.64 6.65 6.65-6.65
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Fri, 27/09/2024 1 Sat, 28/09/2024 3,210.00 6.75
      Fri, 27/09/2024 2 Sun, 29/09/2024 0.00 6.75
      Fri, 27/09/2024 3 Mon, 30/09/2024 1,200.00 6.75
    4. SDFΔ# Fri, 27/09/2024 1 Sat, 28/09/2024 89,303.00 6.25
      Fri, 27/09/2024 2 Sun, 29/09/2024 251.00 6.25
      Fri, 27/09/2024 3 Mon, 30/09/2024 28,399.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -113,543.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 20/09/2024 14 Fri, 04/10/2024 25,002.00 6.52
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations Mon, 04/10/2021 1095 Thu, 03/10/2024 350.00 4.00
    Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       8,495.66  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     37,387.66  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -76,155.34  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on September 27, 2024 1,027,462.62  
         (ii) Average daily cash reserve requirement for the fortnight ending October 04, 2024 1,005,433.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ September 27, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on September 06, 2024 427,689.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad            
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1181

    MIL OSI Economics

  • MIL-OSI USA: PHOTO RELEASE: Tuberville Speaks to Alabama Bankers Association in Birmingham

    US Senate News:

    Source: United States Senator Tommy Tuberville (Alabama)
    BIRMINGHAM – Yesterday, U.S. Senator Tommy Tuberville (R-AL) spoke to the Alabama Bankers Association in Birmingham. His remarks focused on the importance of supporting community banks, providing capital to small businesses and family farms, and creating jobs in Alabama.
    Sen. Tuberville also introduced Federal Reserve Governor Miki Bowman who has been an outspoken warrior for common-sense regulatory policy during her five years on the Federal Reserve board. Governor Bowman participated in a fireside chat with Alabama Bankers Association President and CEO Scott Latham about ways to support community banks.

    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.

    MIL OSI USA News

  • MIL-OSI USA: Tuberville, Britt Congratulate Sumpter Smith on Being Selected as Finalist for the KC-46A Main Operating Base

    US Senate News:

    Source: United States Senator Tommy Tuberville (Alabama)
    WASHINGTON – Today,U.S. Senators Tommy Tuberville (R-AL) and Katie Britt (R-AL) announced that Sumpter Smith Air National Guard Base is selected as a finalist to be the home of the KC-46A Tanker. 
    “Alabama continues to be a leader in cutting-edge military equipment and technology,” said Senator Tuberville. “Sumpter Smith, home of the 117th Air Refueling Wing, is dedicated to providing air refueling and airlift support across Alabama and our nation. I am proud that Alabama is such a pro-military state and hope to see Sumpter selected for this designation next year.”
    “I am proud Birmingham’s Sumpter Smith Air National Guard Base has been selected as a finalist for this important basing decision. Alabama is the arsenal of the world, and because of that we have incredible communities, synergies, and personnel ready, willing, and able to support this potential investment by the Air Force,” said Senator Britt. “Sumpter Smith is already well-suited to handle the recapitalization of KC-46A due to existing infrastructure that will save the Air Force money and only require a nominal investment. The close proximity to Birmingham-Shuttlesworth International Airport is also beneficial as the runway allows the 117th Air Refueling Wing to launch with full fuel capacity. This is critical given growing threats around the globe. I firmly believe Sumpter Smith is the best possible choice, and we will continue to encourage the Air Force to choose Alabama.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.

    MIL OSI USA News

  • MIL-Evening Report: Autistic people and those with ADHD are more likely to have eating disorders. Here’s why – and how this affects their treatment

    Source: The Conversation (Au and NZ) – By Breanna Lepre, Lecturer in Nutrition and Dietetics, The University of Queensland

    BearFotos/Shutterstock

    More than 1.1 million Australians are estimated to be living with an eating disorder. Around one-third of these people are neurodivergent.

    So why are neurodivergent people, such as autistic people and those with ADHD, more likely to experience eating disorders than the broader population? And how does this impact their treatment?

    First, what is neurodivergence?

    Neurodivergence, or the state of being neurodivergent, is a term for people whose cognitive functioning differs from what society considers “typical”. Many conditions broadly fall under neurodivergence, including (but not limited to):

    • autism
    • attention-deficit/hyperactivity disorder (ADHD)
    • dyslexia
    • Tourette’s syndrome.

    Our understanding of neurodivergence has come a long way. Neurodivergence used to be considered a linear “spectrum” ranging from less to more neurodivergent.

    We now know every neurodivergent person will have a unique experience across a range of dimensions. This includes sensory processing, motor abilities and executive functioning (working memory, cognitive flexibility and inhibition).

    Conceptualising these differences ends up looking more like a colour wheel.

    What are eating disorders?

    Eating disorders are complex and potentially life-threatening mental health conditions. They cause persistent and significant disturbances in thoughts, feelings and behaviours related to body weight, food and/or eating.

    Many factors are likely to contribute to the development of an eating disorder. But research shows neurodivergent people are disproportionately affected.

    One review found around 22.9% of autistic people had an eating disorder, compared with 2% in the general population. In another review, people with ADHD were four times more likely to be diagnosed with an eating disorder than people without ADHD.

    Why are eating disorders more common among neurodivergent people?

    Science has not pinpointed an exact reason why eating disorders are more common among neurodivergent people. But here’s what we know so far.

    Neurodivergent people are more likely to experience feeding difficulties, sensory sensitivities and disordered eating.

    A United States study assessing the eating behaviour of neurodivergent children found around 70% of autistic children displayed “atypical” eating behaviours. This includes food selectivity and a hypersensitivity to food textures. It compares with 4.8% of neurotypical children.

    Similarly, autistic children may choose or reject foods based on texture more than other children. They may prefer foods with a consistent texture, bland taste and neutral colour (for example, chicken nuggets, plain pasta and rice).

    Selective eating (having limited accepted foods and food aversions) has been associated with avoidant/restrictive food intake disorder (ARFID). This is an eating disorder characterised by avoidance and aversion to food and eating that is not related to body image. ARFID is commonly associated with autism, with one study estimating 21% of autistic people will experience it in their lifetime.

    Some neurodivergent people have food aversions.
    goodbishop/Shutterstock

    Other neurodivergent traits, such as perfectionism and a preference for routine, have been associated with disordered eating and eating disorders.

    Research on adolescent girls found those with anorexia nervosa are more likely to exhibit neurodivergent (in this case, autistic) traits and behaviours. These include developing rules, resistance to change and a hyperfocus on body weight. These features are commonly seen in anorexia nervosa, an eating disorder characterised by restricted food intake, an intense fear of weight gain and body image disturbances.

    Meanwhile, impulsivity symptoms in ADHD have been associated with binge eating disorder. This can involve recurrent episodes of eating large amounts of food in a short period of time. Impulsivity may also be linked to bulimia nervosa, characterised by compensatory behaviours to prevent weight gain after binge eating (such as exessive exercise).

    Some studies indicate a link between ADHD, alexithymia (difficulty experiencing, identifying and expressing emotions) and overeating behaviours such as emotional eating.

    Finally, neurodivergent people are more likely to identify as part of the LGBTQIA+ community, experience trauma and also have a mental health condition. Each of these considerations increases the likelihood someone will experience an eating disorder.

    How does this affect treatment?

    Despite the overlap between eating disorders and neurodivergence, current treatment approaches don’t meet the diverse needs of those affected.

    Eating disorder treatment often has moderate success at best. For neurodivergent people, the outcomes are worse than for their neurotypical counterparts.

    Cognitive behavioural therapy (CBT), a broad range of treatments based on the interaction between thoughts, feelings and behaviours, is less beneficial for neurodivergent people. Yet this is often part of treatment for eating disorders. Autistic women have suggested CBT is less accessible due to its blanket approach and the assumption they have the skills needed to benefit.

    There have been calls from organisations such as the National Eating Disorders Collaboration and lived experience advocates to improve access to neurodiversity-affirming care models for neurodivergent people affected by eating disorders.

    Such care recognised and safely accommodates the multiple ways neurodivergence is related to feeding and eating behaviour.

    Research suggests eating disorder treatment can be successfully adapted for neurodivergent people based on the following principles:

    1. equal partnership. Including neurodivergent people as equal partners in their care and as decision-makers, and elevating their own experiences

    2. embracing and celebrating differences. Neurodivergent traits should not be considered a deficit, or something to be “treated” or “fixed”. Rather, neurodivergent traits should be celebrated to nourish a positive sense of identity

    3. accommodations. Neurodivergent traits and preferences are respected and accommodated. As an example, this might include reducing sensory inputs (the smell, sounds and lights) in a dining area, or a meal plan that is predictable and considers a person’s sensory sensitivities.

    Treatment for eating disorders should also be gender-affirming (interventions that support and affirm someone’s gender identity) and trauma-informed.


    If this article has raised issues for you, free resources and support is available from the Butterfly National Helpline by calling 1800 ED HOPE (1800 33 4673), or by visiting Eating Disorders Neurodiversity Australia or Autism Connect.

    Breanna Lepre works for The University of Queensland and is a member of Dietitians Australia. Breanna is neurodivergent and has lived experience of an eating disorder.

    Lauren Ball works for The University of Queensland and receives funding from the National Health and Medical Research Council, Queensland Health and Mater Misericordia. She is a Director of Dietitians Australia, a Director of the Darling Downs and West Moreton Primary Health Network and an Associate Member of the Australian Academy of Health and Medical Sciences.

    ref. Autistic people and those with ADHD are more likely to have eating disorders. Here’s why – and how this affects their treatment – https://theconversation.com/autistic-people-and-those-with-adhd-are-more-likely-to-have-eating-disorders-heres-why-and-how-this-affects-their-treatment-238759

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Release: Government breaks promise on ferry plan

    Source: New Zealand Labour Party

    Time has run out for Nicola Willis who has failed to keep her promise to deliver a solution to replace the Interislander ferries by today.

    “Nicola Willis promised New Zealanders she would have a plan by the end of the quarter. Instead as the deadline to her promise loomed – she admitted last week it’s likely to be much later,” Labour transport spokesperson Tangi Utikere said.

    “The Government’s bungled ferry deal is a complete failure. The consequences of these decisions will mean Kiwis pay more, wait years longer for replacement boats and face increased freight costs.

    “Nicola Willis botched this deal from the moment she was in the captain’s chair. It was just the beginning of the poor choices this Government is becoming famous for.

    “If the replacement ferries are not rail-enabled, Nicola Willis, Paul Goldsmith and Simeon Brown will also go down in history as the Ministers who cut the main trunk line in two.

    “Maybe this is the hold up? As it seems the chaotic Cabinet cannot agree on a pathway forward when it comes to the possibility of no rail capability across the Cook Strait.

    “Cancelling the order for two rail-enabled Cook Strait ferries has already cost KiwiRail almost half a billion dollars. However, costs are estimated to keep rising as the price for exiting the contracts with South Korean shipbuilders Hyundai is still under negotiation.

    “Nicola Willis should be on the phone pleading with the ship builders to reinstate the contract. As more and more time goes on, it’s clear the Government is struggling to find that ‘Toyota Corolla’ ferry it desperately wanted without paying Ferrari prices,” Tangi Utikere said.


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    MIL OSI New Zealand News