Category: China

  • MIL-OSI Russia: Leaders of Uzbekistan and Iran held a telephone conversation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    Tashkent, June 6 (Xinhua) — Uzbek President Shavkat Mirziyoyev and Iranian President Masoud Pezeshkian held a telephone conversation, the press service of the Uzbek leader reported on Thursday.

    “During a telephone conversation on June 5, President of the Republic of Uzbekistan Shavkat Mirziyoyev and President of the Islamic Republic of Iran Masoud Pezeshkian warmly congratulated each other and the friendly peoples of the two countries on the holy holiday of Eid al-Adha, sincerely wishing them peace, well-being and prosperity,” the statement said.

    Current issues of further development of Uzbek-Iranian multifaceted relations were also discussed.

    It is noted that active contacts and exchanges at the level of governments, ministries and departments were noted with satisfaction. The indicators of mutual trade and cargo transportation, as well as the number of joint ventures, are growing.

    “In May of this year, the next meeting of the Intergovernmental Commission, a business forum and an industrial exhibition were fruitfully held in the city of Tehran. A “road map” of cooperation for 2025-2027 was adopted,” the statement said.

    The presidents of the two countries noted the importance of further promoting cooperation projects in the fields of trade, investment, transport and logistics, industry and agriculture. The leaders of Uzbekistan and Iran also exchanged views on the regional agenda and the schedule of upcoming events. –0–

    MIL OSI Russia News

  • MIL-OSI China: China willing to work with Canada to promote steady improvement of bilateral ties: Premier Li

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

    China willing to work with Canada to promote steady improvement of bilateral ties: Premier Li

    BEIJING, June 6 — China is willing to work with Canada, in the spirit of looking to the future, to promote the steady improvement of bilateral relations, bring them onto a track of sound and steady development, and strive for win-win cooperation, Chinese Premier Li Qiang said on Friday.

    Speaking with Canadian Prime Minister Mark Carney on the phone at the latter’s request, Li said that Canada was one of the first Western countries to establish diplomatic relations with the People’s Republic of China, and the bilateral relationship was at the forefront of China’s ties with Western nations for a long time. However, in recent years, the relationship has suffered serious difficulties due to unnecessary disruptions, he added.

    The development of China and Canada represents opportunities rather than threats to each other, said Li, noting that there are no fundamental conflicts of interest between the two, only a tradition of friendship and mutual benefits.

    He expressed hope that the Canadian side will make joint efforts with the Chinese side, view China’s development in an objective and rational manner, and work together to achieve shared success and prosperity.

    Looking ahead, there is enormous potential for China-Canada cooperation as the two economies are highly complementary, said Li, urging both sides to deepen cooperation in traditional areas, expand collaboration in emerging fields such as clean energy, climate change and scientific and technological innovation, and strengthen people-to-people as well as economic and trade exchanges.

    Li called on both governments to listen to their people, respond to their concerns, and do more to enhance bilateral friendly cooperation and increase mutual understanding and trust.

    China is willing to work with Canada, on the basis of equality and mutual respect, to seek and expand common ground while shelving and narrowing differences, strengthen exchanges and dialogue in various fields, and address each other’s concerns appropriately, Li said.

    Noting that the current international situation is intertwined with turmoil, and unilateralism and protectionism are on the rise, Li said China is ready to work with Canada to jointly safeguard multilateralism and free trade, promote economic globalization and the multilateral trading system to develop in the right direction, and inject more stability into world peace and development.

    For his part, Carney said that Canada and China have a profound traditional friendship and China is Canada’s second-largest trading partner. While bilateral relations have experienced some setbacks in recent years, he said, Canada is ready to restart its relationship with China.

    The Canadian side looks forward to resuming high-level exchanges and dialogue mechanisms in areas such as diplomacy and economic and trade with China, and strengthening pragmatic cooperation in trade, agriculture, energy and environmental protection, he added.

    In the face of the current international landscape, Canada is willing to enhance communication and coordination with China, jointly safeguard the international financial and trading system, and contribute to promoting global sustainable development, Carney said.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Fish restocking exercise held on National Fish Releasing Day 2025 (with photos)

    Source: Hong Kong Government special administrative region

    The Agriculture, Fisheries and Conservation Department (AFCD), the Urban Planning and Natural Resources Bureau of Shenzhen Municipality, and the Ocean Development Bureau of Shenzhen Municipality today (June 6) jointly organised the National Fish Releasing Day 2025 fish restocking exercise concurrently with other exercises nationwide, with an aim to restore and enhance aquatic resources as well as to raise public awareness of the conservation of aquatic resources and the need to improve aquatic habitats.

    Speaking at the launching ceremony, the Under Secretary for Environment and Ecology, Miss Diane Wong, said, “Today is the National Fish Releasing Day designated by the Ministry of Agriculture and Rural Affairs. Hence, fish restocking exercises are launched nationwide concurrently to restore and enhance aquatic resources. We are actively responding to this initiative and are conducting restocking exercises jointly with the Urban Planning and Natural Resources Bureau of Shenzhen Municipality and the Ocean Development Bureau of Shenzhen Municipality for the first time.”

    Miss Wong added that the Blueprint for the Sustainable Development of Agriculture and Fisheries, released by the Government in collaboration with the agriculture and fisheries sectors in December 2023, proposed the implementation of restocking to restore and enhance fisheries resources, as well as to strengthen public education, arouse public awareness of the conservation of marine resources and environment, and enhance understanding of the significance of restocking.

    After the launching ceremony, AFCD representatives and some guests proceeded to Tung Ping Chau Marine Park (TPCMP) and Hong Kong waters adjacent to Shenzhen in Mirs Bay, where they released some 23 500 juvenile fish of native species, including Hong Kong grouper (Epinephelus akaara), star snapper (Lutjanus stellatus), black seabream (Acanthopagrus schlegelii), and two newly added species this year, yellowfin seabream (Acanthopagrus latus) and red seabream (Pagrus major). The released juvenile fish are from reputable hatcheries and in good health, with their broodstock originating from Hong Kong or the nearby South China Sea. Restocking is a science-based approach of releasing appropriate species to their natural environment, allowing them to grow and reproduce. TPCMP, with its diverse habitats including artificial reefs, coral communities, natural rocky reefs and boulders, provides a favourable habitat for these juvenile fish. Commercial fishing has been banned in this marine park. The AFCD will conduct underwater surveys regularly to monitor the condition of the released fish and will continue to monitor the overall status of fishery resources in Hong Kong.

    The fish restocking exercise, supported by the Hong Kong Buddhist Association, the Hong Kong Fishermen Consortium, Ocean Park Hong Kong and the Ocean Park Conservation Foundation Hong Kong, brought together about 150 students, representatives from religious groups, fishermen’s associations and green groups, etc. The AFCD will also arrange for the public and students to take part in other restocking exercises later this year, and strengthen collaboration with various groups to organise more educational activities for the public and schools, share information about restocking, as well as provide technical advice to groups interested in conducting restocking in local waters.

    The AFCD reminds the public to think carefully before participating in animal release activities to avoid affecting the ecological environment or causing unnecessary suffering to animals. The public may consider participating in science-based restocking or other charitable activities as alternatives to animal releases.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Town Planning Board visits Hangzhou and Shanghai (with photos)

    Source: Hong Kong Government special administrative region

    Town Planning Board visits Hangzhou and Shanghai  
    To gain insights into successful experiences in urban-rural integration, the delegation visited Xiaogucheng Village in Jingshan Town, where the delegation learned the pivotal role of enterprises in rural revitalisation. By creating distinctive village houses and streetscapes, promoting an agricultural and tea culture, and converting some village homes into home-stay lodgings linked with surrounding attractions, the Village has been transformed into a new agri-cultural tourism destination. The delegation also visited the Xixi National Wetland Park, the first national wetland park in China, where the members observed its ecological protection projects, which presented a sustainable development model worthy of reference for Hong Kong. 
    The delegation then proceeded to visit Shanghai. Representatives of the Shanghai Municipal Bureau of Planning and Natural Resources introduced to the delegation the history, current status and future prospects of Shanghai’s urban planning, particularly Shanghai’s development strategy to solidify its status as a leading financial and commercial hub, while also shifting focus to develop its I&T and manufacturing/industrial sector in recent years. The delegation visited the century-old Zhang Yuan to learn more about its revitalisation through acquisition and preservation of structures without demolition, and relocation of occupants by the local government, with a view to effectively preserve the traditional cultural landscape of Shanghai.
     
    The delegation also visited the GrandneoBay Sci-tech Innovation Park of Shanghai Jiao Tong University (SJTU) where members learned how the research and development (R&D) platform facilitating the integration of industry, academia and research, as well as the local Government’s leading role in initiating innovation from 0 to 1, passing on to enterprises to drive scalability from 1 to 100. The key focus is to leverage the SJTU’s applied R&D achievements and combine the effort of the Government and the support of enterprises to provide capital assistance for the SJTU’s research talent to launch start-ups, transforming scientific achievements into marketable products and driving industrialisation. Finally, the delegation visited the assembly manufacturing centre of the Commercial Aircraft Corporation of China (COMAC) to learn about COMAC’s outstanding achievements and contributions in the manufacturing of large civil aircraft and the advancement of the aviation industry, particularly the advanced automated manufacturing processes and comprehensive monitoring systems, which impressed the delegation.Issued at HKT 17:55

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: New Alliance launched to support cooperation between RCEP countries on World Heritage sites

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    HEFEI, June 6 (Xinhua) — Regions in China and five other countries of the Regional Comprehensive Economic Partnership (RCEP) where World Heritage sites are located have joined together in a new alliance to build a platform for exchanges and cooperation. The alliance was announced Thursday at the RCEP 2025 Regional Government and Sister City Cooperation Forum held in Huangshan City, east China’s Anhui Province.

    There are a total of 171 World Heritage sites in RCEP member countries, said Thes Sothy, Deputy Minister of Tourism and Culture Development of Cambodia, speaking at the forum.

    During the forum, the Huangshan Initiative for the establishment of a cooperation alliance between World Heritage sites in RCEP member countries was unveiled. The document outlines the goals of the alliance, including promoting dialogue, branding, and facilitating interactions between the relevant sites in the fields of culture and art, tourism, sports, education, and scientific research. The new association will seek to ensure the effective flow of technology, capital, and human resources.

    The Huangshan Forum brought together about 300 participants from 15 countries that have joined RCEP. Twenty-seven agreements were signed, covering areas such as trade, technology and sister city relations. Thailand was the honorary guest country of this year’s event. -0-

    MIL OSI Russia News

  • MIL-OSI Banking: Analysis of the latest Mirai wave exploiting TBK DVR devices with CVE-2024-3721

    Source: Securelist – Kaspersky

    Headline: Analysis of the latest Mirai wave exploiting TBK DVR devices with CVE-2024-3721

    The abuse of known security flaws to deploy bots on vulnerable systems is a widely recognized problem. Many automated bots constantly search the web for known vulnerabilities in servers and devices connected to the internet, especially those running popular services. These bots often carry Remote Code Execution (RCE) exploits targeting HTTP services, allowing attackers to embed Linux commands within GET or POST requests.

    We recently observed the use of CVE-2024-3721 in attempts to deploy a bot in one of our honeypot services. This bot variant turned out to be part of the infamous Mirai botnet, targeting DVR-based monitoring systems. DVR devices are designed to record data from cameras, widely used by many manufacturers and can be managed remotely. In this article, we describe the new Mirai bot features and its revamped infection vector.

    Exploitation

    During a review of the logs in our Linux honeypot system, we noticed an unusual request line linked to a CVE-2024-3721. This vulnerability allows for the execution of system commands on TBK DVR devices without proper authorization as an entry point, using a specific POST request:

    The POST request contains a malicious command that is a single-line shell script which downloads and executes an ARM32 binary on the compromised machine.

    Typically, bot infections involve shell scripts that initially survey the target machine to determine its architecture and select the corresponding binary. However, in this case, since the attack is specifically targeted at devices that only support ARM32 binaries, the reconnaissance stage is unnecessary.

    Malware implant – Mirai variant

    The source code of the Mirai botnet was published on the internet nearly a decade ago, and since then, it has been adapted and modified by various cybercriminal groups to create large-scale botnets mostly focused on DDoS and resource hijacking.

    The DVR bot is also based on the Mirai source code but it includes different features as well, such as string encryption using RC4, anti-VM checks, and anti-emulation techniques. We’ve already covered Mirai in many posts, so we’ll focus on the new features of this specific variant.

    Data decryption

    The data decryption routine in this variant is implemented as a simple RC4 algorithm.

    The RC4 key is encrypted with XOR. After the key decryption, we were able to obtain its value: 6e7976666525a97639777d2d7f303177.

    The decrypted RC4 key is used to decrypt the strings. After each piece of data is decrypted, it is inserted into a vector of a custom DataDecrypted structure, which is a simple string list:

    Data decryption routine

    The global linked list with decrypted data is accessed whenever the malware needs particular strings.

    Adding decrypted strings to the global list

    Anti-VM and anti-emulation

    To detect if it is currently running inside a virtual machine or QEMU, the malware lists all processes until it finds any mention of VMware or QEMU-arm. Listing running processes is simply a matter of opening the /proc directory, which is the proc filesystem on Linux.

    Each process ID (PID) has its own folder containing useful information, such as cmdline, which describes the command used to start the process. Using this information, the malware verifies if there are any processes with VMware or QEMU-arm in their command line.

    Process check

    The implant also verifies if the bot process is running outside an expected directory, based on a hardcoded list of allowed ones:

    Allowed directories

    Once those checks are successfully completed, Mirai will continue normal execution, preparing the vulnerable device for receiving commands from the operator.

    Infection statistics

    According to our telemetry data, the majority of infected victims are located in countries such as China, India, Egypt, Ukraine, Russia, Turkey, and Brazil. It’s challenging to ascertain the exact number of vulnerable and infected devices globally. However, by analyzing public sources, we’ve identified over 50,000 exposed DVR devices online, indicating that attackers have numerous opportunities to target unpatched, vulnerable devices.

    Conclusion

    Exploiting known security flaws in IoT devices and servers that haven’t been patched, along with the widespread use of malware targeting Linux-based systems, leads to a significant number of bots constantly searching the internet for devices to infect.

    The main goal of such bots is to carry out attacks that overwhelm websites and services (DDoS attacks). Most of these bots don’t stay active after the device restarts because some device firmware doesn’t allow changes to the file system. To protect against infections like these, we recommend updating vulnerable devices as soon as security patches become available. Another thing to consider is a factory reset if your device is indeed vulnerable and exposed.

    All Kaspersky products detect the threat as HEUR:Backdoor.Linux.Mirai and HEUR:Backdoor.Linux.Gafgyt.

    Indicators of compromise

    Host-based (MD5 hashes)
    011a406e89e603e93640b10325ebbdc8
    24fd043f9175680d0c061b28a2801dfc
    29b83f0aae7ed38d27ea37d26f3c9117
    2e9920b21df472b4dd1e8db4863720bf
    3120a5920f8ff70ec6c5a45d7bf2acc8
    3c2f6175894bee698c61c6ce76ff9674
    45a41ce9f4d8bb2592e8450a1de95dcc
    524a57c8c595d9d4cd364612fe2f057c
    74dee23eaa98e2e8a7fc355f06a11d97
    761909a234ee4f1d856267abe30a3935
    7eb3d72fa7d730d3dbca4df34fe26274
    8a3e1176cb160fb42357fa3f46f0cbde
    8d92e79b7940f0ac5b01bbb77737ca6c
    95eaa3fa47a609ceefa24e8c7787bd99
    96ee8cc2edc8227a640cef77d4a24e83
    aaf34c27edfc3531cf1cf2f2e9a9c45b
    ba32f4eef7de6bae9507a63bde1a43aa
    IPs
    116.203.104[.]203
    130.61.64[.]122
    161.97.219[.]84
    130.61.69[.]123
    185.84.81[.]194
    54.36.111[.]116
    192.3.165[.]37
    162.243.19[.]47
    63.231.92[.]27
    80.152.203[.]134
    42.112.26[.]36

    MIL OSI Global Banks

  • MIL-OSI Asia-Pac: Edison Awards_Bronze Featureless-Secure Encryption System for IOT(MIRDC)

    Source: Republic of China Taiwan

    In an era where cybersecurity has become a core focus of global industrial development, the MIRDC once again demonstrates Taiwan’s innovation strength in information security. Its self-developed “Featureless-Secure Encryption System for IoT (FSESI)” has been honored with the Bronze Award at the 2025 Edison Awards for Innovation. The technology overcomes long-standing limitations of chaotic encryption, offering a revolutionary solution for secure data transmission across IoT and international digital infrastructure.

    Chaotic encryption, known for its high randomness and theoretical unbreakability, has long been viewed as a promising approach to data security. However, its real-world application has been hindered by sensitive parameter dependencies, complex key management, high computational costs, and data length constraints. With FSESI, MIRDC has addressed these challenges by creating a next-generation encryption system featuring untraceable, high-entropy keys, a lightweight algorithm, and real-time synchronized encryption and decryption. This dramatically enhances both the practicality and security of chaotic encryption.

    At the core of FSESI is the use of multiple dynamically selected chaotic systems to generate keys that closely approximate true randomness. A specially designed sliding synchronization algorithm enables the rapid convergence of encryption and decryption systems, instantly generating identical key streams on both ends without requiring key transmission. This eliminates one of the most vulnerable points in traditional encryption: the key exchange process.

    Technically, FSESI also discretizes the continuous differential equations of chaotic systems and applies carefully selected parameters, reducing computational load by approximately 60%. This significantly lowers CPU/GPU resource consumption, enabling high-performance, low-power encryption protection. Meanwhile, encrypted data undergoes dynamic random topic transformation, making it completely unidentifiable during transmission and highly resistant to data interception and reverse engineering.

    FSESI is particularly suitable for environments requiring secure, synchronized communication across multiple devices and domains-such as IoT systems, blockchain nodes, drones, intelligent transportation, and medical data transmission. The system has already passed real-world validation through field testing with metal product manufacturers and equipment suppliers. It has also been successfully licensed to automation service integrators, helping manufacturing sectors strengthen the cybersecurity of their operational technology (OT) systems.

    More than just an evolution in encryption technology, FSESI represents a paradigm shift in cybersecurity-from identity-based defense to stealth-based protection. With its dynamic, featureless, and decentralized security architecture, FSESI offers robust defense against modern threats while preserving data privacy across digital ecosystems. Looking ahead, the system will continue expanding into global applications in manufacturing, healthcare, and smart cities, supporting industries in achieving higher levels of digital trust and security resilience.

    MIL OSI Asia Pacific News

  • MIL-OSI: QuantaSing Announces Unaudited Financial Results for the Third Quarter of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 06, 2025 (GLOBE NEWSWIRE) — QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider, today announced its unaudited financial results for the third quarter of the fiscal year ending June 30, 2025 (the “third quarter of FY 2025”, which refers to the quarter from January 1, 2025 to March 31, 2025).

    Business and Financial Highlights for the Third Quarter of FY 2025

    • Revenues for the third quarter of FY 2025 were RMB570.7 million (US$78.6 million), representing a decrease of 21.5% from the second quarter of the fiscal year ending June 30, 2025 (the “second quarter of FY 2025”) and a decrease of 39.6% from the third quarter of the fiscal year ended June 30, 2024 (the “third quarter of FY 2024”).
    • Gross billings of individual online learning services1 for the third quarter of FY 2025 were RMB515.6 million (US$71.0 million), representing a decrease of 5.6% from the second quarter of FY 2025 and a decrease of 47.5% from the third quarter of FY 2024.
    • Net income for the third quarter of FY 2025 was RMB41.1 million (US$5.7 million), representing a decrease of 67.5% from the second quarter of FY 2025 and an increase of 181.2% from the third quarter of FY 2024.
    • Adjusted net income2 for the third quarter of FY 2025 was RMB37.8 million (US$5.2 million), representing a decrease of 71.3% from the second quarter of FY 2025 and an increase of 18.5% from the third quarter of FY 2024.
    • Total registered users increased by 19.9% to approximately 145.0 million as of March 31, 2025, from 121.0 million as of March 31, 2024.
    • Paying learners was approximately 0.3 million in the third quarter of FY 2025.

    Company Highlight for the Third Quarter of FY 2025

    • Completed acquisition of 61% equity interest in Shenzhen Yiqi Culture Co., Ltd. (“Letsvan”) on March 31, 2025 for a total cash consideration of RMB235.0 million through a multi-step transaction. Results of operations of Letsvan were included in consolidated financials of the Company beginning April 1, 2025. The acquired assets and liabilities of Letsvan are included at fair value in the Company’s consolidated balance sheet as of March 31, 2025.

    Mr. Peng Li, Chairman and Chief Executive Officer of QuantaSing, commented, “Our third quarter results reflect our strategic pivot toward product-driven business models that create long-term value. The acquisition of Letsvan marks a significant milestone in our expansion into the pop toys market, a sector with strong growth potential that perfectly aligns with our brand-first philosophy. The early success of our WAKUKU IP, including the recent Fox and Rabbit collection launch, validates our approach of pairing strong product development capabilities with efficient go-to-market strategies. As we integrate Letsvan’s operations, we’re applying our test-and-scale methodology to build a global presence in this resilient market segment. We aim to create businesses where brand strength and product excellence drive sustainable growth, rather than simply pursuing traffic-driven metrics.”

    Mr. Dong Xie, Chief Financial Officer of QuantaSing, added, “Our financial performance this quarter underscores our commitment to disciplined capital allocation during this transformation phase. While revenue moderated to RMB570.7 million as we shifted resources away from traffic-driven businesses, we’ve maintained strong cash generation across our businesses. Our ROI-focused assessment methodology has allowed us to exit underperforming areas while preserving resources for high-potential opportunities. With our healthy cash position, we have the flexibility to support both our existing operations and our strategic initiatives in the pop toys space. Though we anticipate some near-term profitability fluctuations as we optimize our business mix, our financial foundation remains robust as we execute this strategic evolution.”

    Financial Results for the Third Quarter of FY 2025

    Revenues

    Revenues were RMB570.7 million (US$78.6 million) in the third quarter of FY 2025, compared to RMB945.6 million in the third quarter of FY 2024. The change reflects the Company’s deliberate shift from traffic-driven growth to high-quality growth.

    • Revenues from individual online learning services decreased by 43.6% year over year to RMB467.2 million (US$64.4 million) in the third quarter of FY 2025, from RMB828.1 million in the third quarter of FY 2024. This decrease was primarily due to a decrease of RMB268.3 million (US$37.0 million) in revenues from skills upgrading courses, a decline of RMB74.1 million (US$10.2 million) in revenues from financial literacy courses and a decline of RMB18.5 million (US$2.5 million) in revenues from recreation and leisure courses.
    • Revenues from enterprise services were RMB48.1 million (US$6.6 million) in the third quarter of FY 2025, compared to RMB65.1 million in the third quarter of FY 2024, representing a year-over-year change of 26.1%. The decline was primarily driven by reduced marketing services to enterprise customers.
    • Revenues from consumer business3 were RMB48.7 million (US$6.7 million) in the third quarter of FY 2025, compared to RMB49.4 million in the third quarter of FY 2024. The slight change was primarily attributable to the decline in baijiu revenue, partially offset by the modest increase in wellness products revenue.
    • Revenues from others3 were RMB6.7 million (US$0.9 million) in the third quarter of FY 2025, compared to RMB3.0 million in the third quarter of FY 2024, primarily due to revenue from the Company’s newly initiated business.

    Cost of revenues

    Cost of revenues was RMB96.6 million (US$13.3 million) in the third quarter of FY 2025, compared to RMB145.8 million in the third quarter of FY 2024, representing a 33.8% decrease. The decrease was primarily due to reduced labor outsourcing costs of RMB22.1 million (US$3.1 million), decreased procurement costs of RMB9.6 million (US$1.3 million) and lower staff costs of RMB5.1 million (US$0.7 million).

    Sales and marketing expenses

    Sales and marketing expenses were RMB395.2 million (US$54.5 million) in the third quarter of FY 2025, compared to RMB729.6 million in the third quarter of FY 2024, representing a decrease of 45.8%. The decrease was mainly due to a reduction in marketing and promotion expenses of RMB265.1 million (US$36.5 million), labor outsourcing costs of RMB46.4 million (US$6.4 million), and staff costs of RMB7.9 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB2.1 million (US$0.3 million).

    Research and development expenses

    Research and development expenses were RMB20.9 million (US$2.9 million) in the third quarter of FY 2025, compared to RMB38.8 million in the third quarter of FY 2024, representing a decrease of 46.2%. The decrease was primarily due to lower staff costs of RMB16.0 million (US$2.2 million).

    General and administrative expenses

    General and administrative expenses were RMB25.0 million (US$3.5 million) in the third quarter of FY 2025, compared to RMB36.4 million in the third quarter of FY 2024, representing a decrease of 31.2%. The decrease was primarily due to lower staff costs of RMB8.0 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB5.5 million (US$0.8 million).

    Remeasurement gain of previously held equity interests in connection with step acquisitions

    Remeasurement gain of previously held equity interests in connection with step acquisitions were RMB8.1 million (US$1.1 million) in the third quarter of FY 2025, reflecting the fair value adjustment of initial investments in Letsvan before obtaining control. Details of the acquisition can be found in the Recent Developments section of this report.

    Others, net

    Others, net were RMB15.4 million (US$2.1 million) in the third quarter of FY 2025, compared to RMB7.7 million in the third quarter of FY 2024, primarily driven by the increased fair value gains in one of the Company’s long-term investments.

    Net income and adjusted net income

    Net income was RMB41.1 million (US$5.7 million) in the third quarter of FY 2025, compared to RMB14.6 million in the third quarter of FY 2024. Adjusted net income was RMB37.8 million (US$5.2 million) in the third quarter of FY 2025, compared to RMB31.9 million in the third quarter of FY 2024.

    Earnings per share and adjusted earnings per share4

    Basic and diluted net income per share were both RMB0.25 (US$0.03) in the third quarter of FY 2025, compared to basic and diluted net income per share of RMB0.09 in the third quarter of FY 2024. Basic and diluted adjusted net income per share were RMB0.23 (US$0.03), in the third quarter of FY 2025, compared to RMB0.19 in the third quarter of FY 2024.

    Balance Sheet

    As of March 31, 2025, the Company had cash and cash equivalents, restricted cash and short-term investments of RMB1,134.9 million (US$156.4 million), compared with RMB1,026.3 million as of June 30, 2024.

    Recent Developments

    Investments in Letsvan

    On March 24, 2025, the Company announced that it entered into definitive agreements to invest in Shenzhen Yiqi Culture Co., Ltd., a PRC-based company specializing in IP incubation, copyright commercialization, and the promotion and sales of pop toys. The transaction marks the Company’s strategic entry into the pop toys market and broader consumer goods sector. Upon the completion of the investments in March 2025, Letsvan became a controlled subsidiary of the Company.

    Letsvan currently operates a number of established IPs, including “WAKUKU”, “ZIYULI”, “FUNII”, “FIILA” and “PIDOL”, with distribution channels spanning both online and offline platforms across China and Southeast Asian markets. Letsvan’s current growth strategy encompasses three key areas: strengthening collaborations with major retail partners to enhance IP influence and expand sales, developing self-operated retail locations including a recently opened pop-up store at Chaoyang Joy City in Beijing, and building comprehensive online brand and sales capabilities.

    International expansion initiatives are underway. Letsvan has already established its footprints in certain Southeast Asian markets and has been exploring opportunities in other overseas markets including the United States. With respect to IPs, Letsvan continues to strengthen internal product incubation and operational capabilities, partner with third-party artists, and collaborate with established IPs to diversify its product portfolio.

    Recent product launches include the “WAKUKU Fox and Bunny Trick or Treat”, which commenced offline distribution on May 17, 2025, followed by online channel availability on May 20, 2025. The Beijing Chaoyang Joy City pop-up store launch has generated favorable user response and increased product visibility in the market.

    2024 Share Repurchase Program

    On June 11, 2024, the Company announced that the Board had approved a share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a 12-month period beginning on June 11, 2024 and ending on June 10, 2025 (the “2024 Share Repurchase Program”). As of March 31, 2025, a total of 1.7 million ADSs had been repurchased for an aggregate consideration of US$3.6 million under the 2024 Share Repurchase Program.

    2025 Share Repurchase Program

    On June 6, 2025, the Company announced that the Board had approved a new share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a purchase period beginning from June 11, 2025 and ending on June 30, 2026 (the “2025 Share Repurchase Program”). Repurchases under the 2025 Share Repurchase Program may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means. The repurchases will be subject to all applicable rules and regulations, including Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, as well as the Company’s insider trading policy. The number of ADSs repurchased and the timing of repurchases will also depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company’s working capital requirements, general business conditions and other factors. The Board will review the 2025 Share Repurchase Program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program. The Company plans to fund the repurchases from its existing cash balance.

    Conference Call Information

    The Company’s management team will hold an earnings conference call at 07:00 A.M. Eastern Time on Friday, June 6, 2025 (07:00 P.M. Beijing Time on the same day) to discuss the financial results.

    Listeners may access the call by dialing the following numbers:

    International:   1-412-902-4272
    United States Toll Free:   1-888-346-8982
    Mainland China Toll Free:   4001-201203
    Hong Kong Toll Free:   800-905945
    Conference ID:   QuantaSing Group Limited
         

    The replay will be accessible through June 13, 2025 by dialing the following numbers:

    International:   1-412-317-0088
    United States Toll Free:   1-877-344-7529
    Replay Access Code:   3611954
         

    A live and archived webcast of the conference call will be available at the Company’s investor relations website at https://ir.quantasing.com.

    Non-GAAP Financial Measures

    To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, the Company uses gross billings of individual online learning services, adjusted net income and basic and diluted adjusted net income per share as its non-GAAP financial measures. Gross billings of individual online learning services for a specific period represents revenues of the Company’s individual online learning services net of the changes in deferred revenues in such period, further adjusted by value-added tax in such period. Adjusted net income represents net income excluding share-based compensation expenses and remeasurement gain of previously held equity interests inconnection with step acquisitions. Basic and diluted adjusted net income per share represents adjusted net income attributable to QuantaSing Group Limited divided by weighted average number of ordinary shares outstanding during the periods used in computing adjusted net income per share, basic and diluted. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

    The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for revenue, net income, net income per share, basic and diluted or other consolidated statements of operations data prepared in accordance with U.S. GAAP. The Company’s definition of non-GAAP financial measures may differ from those of industry peers and may not be comparable with their non-GAAP financial measures.

    The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance. For more information on these non-GAAP financial measures, please see the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” near the end of this release.

    Exchange Rate Information

    This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Renminbi to U.S. dollars were made at the rate of RMB7.2567 to US$1.00, the exchange rate on March 31, 2025, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred to could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all.

    Safe Harbor Statements

    This announcement contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1955. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding QuantaSing’s financial outlook, beliefs and expectations. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases, and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to attract and retain new users and learners and to increase the spending and revenues generated from users and learners; its ability to maintain and enhance the recognition and reputation of its brand; its expectations regarding demand for and market acceptance of its services and products; the expected growth, trends and competition in the markets that the Company operates in; changes in its revenues and certain cost or expense items; PRC governmental policies and regulations relating to the Company’s business and industry, general economic and political conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC, including, without limitation, the final prospectus related to the IPO filed with the SEC dated January 24, 2023. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

    About QuantaSing Group Limited

    QuantaSing is a leading lifestyle solution provider that offers engaging, affordable and accessible online and offline services, as well as consumer products in selected areas that address senior users’ wellness aspirations. QuantaSing has expanded into the pop toys sector and continues to strategically diversify its portfolio by capturing opportunities in promising consumer sectors while maintaining financial discipline.

    For more information, please visit: https://ir.quantasing.com.

    Contact

    Investor Relations
    Leah Guo
    QuantaSing Group Limited
    Email: ir@quantasing.com
    Tel: +86 (10) 6493-7857

    Robin Yang, Partner
    ICR, LLC
    Email: QuantaSing.IR@icrinc.com
    Phone: +1 (212) 537-0429

    _________________________________
    1 Gross billings of individual online learning services is a non-GAAP financial measure. For a reconciliation of revenues of individual online learning services to gross billings of individual online learning services, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.
    2 Adjusted net income is a non-GAAP financial measure. For a reconciliation of net income to adjusted net income, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.
    3 Effective from the fourth quarter of FY 2024, the Company has introduced “Revenues from Consumer Business” as a separate line item. This revenue was previously included in “Revenues from Others”. The historical revenues presentation has been conformed to the current presentation.
    4 Basic and diluted adjusted net income per share are non-GAAP financial measures. For a reconciliation of basic and diluted net income per share to basic and diluted adjusted net income per share, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.

    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
    (Amounts in thousands, except for share and per share data)
     
      As of
      June 30,
    2024
      March 31,
    2025
      March 31,
    2025
      RMB   RMB   US$
               
    ASSETS          
    Current assets:          
    Cash and cash equivalents 779,931   985,677   135,830
    Restricted cash 160   675   93
    Short-term investments 246,195   148,532   20,468
    Accounts receivable, net 16,676   37,392   5,153
    Amounts due from related parties 4,488   489   67
    Inventory, net 6,345   28,120   3,875
    Prepayments and other current assets 275,549   173,582   23,920
    Total current assets 1,329,344   1,374,467   189,406
               
    Non-current assets:          
    Property and equipment, net 6,569   11,571   1,595
    Long-term investments 9,010   44,428   6,122
    Intangible assets, net   68,973   9,505
    Operating lease right-of-use assets 58,889   29,479   4,062
    Deferred tax assets 847   914   126
    Goodwill   187,598   25,852
    Other non-current assets 21,360   5,177   713
    Total non-current assets 96,675   348,140   47,975
    TOTAL ASSETS 1,426,019   1,722,607   237,381
               
    LIABILITIES          
    Current liabilities:          
    Short-term Borrowings   14,500   1,998
    Accounts payables 62,066   55,219   7,609
    Accrued expenses and other current liabilities 190,508   186,084   25,643
    Income tax payable 20,399   53,565   7,381
    Contract liabilities, current portion 385,227   310,189   42,745
    Advance from customers 162,257   148,332   20,441
    Operating lease liabilities, current portion 49,099   30,837   4,249
    Total current liabilities 869,556   798,726   110,066
               
    Non-current liabilities:          
    Contract liabilities, non-current portion 11,365   33,495   4,616
    Operating lease liabilities, non-current portion 16,989   3,123   430
    Deferred tax liabilities 11,625   42,269   5,825
    Total non-current liabilities 39,979   78,887   10,871
    TOTAL LIABILITIES 909,535   877,613   120,937
               
    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS- continued
    (Amounts in thousands, except for share and per share data)
     
      As of
      June 30,
    2024
      March 31,
    2025
      March 31,
    2025
      RMB   RMB   US$
               
    MEZZANINE EQUITY          
    Non-controlling interests with liquidation preferences     40,999     5,650  
               
    SHAREHOLDERS’ EQUITY          
    Class A ordinary shares 81     81     11  
    Class B ordinary shares 34     34     5  
    Treasury stock (109,257 )   (41,898 )   (5,774 )
    Additional paid-in capital 1,192,474     1,069,620     147,398  
    Accumulated other comprehensive income 17,313     18,491     2,548  
    Accumulative deficit (584,161 )   (335,573 )   (46,243 )
    TOTAL QUANTASING GROUP LIMITED SHAREHOLDERS’ EQUITY 516,484     710,755     97,945  
    Non-controlling interests     93,240     12,849  
    TOTAL SHAREHOLDERS’ EQUITY 516,484     803,995     110,794  
    TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY 1,426,019     1,722,607     237,381  
                     
    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
    (Amounts in thousands, except for shares and per share data)
           
      For the Three Months
    Ended March 31,
      For the Nine Months
    Ended March 31,
      2024     2025     2025     2024     2025     2025  
      RMB     RMB     US$     RMB     RMB     US$  
                           
    Revenues 945,570     570,706     78,645     2,795,248     2,107,757     290,457  
    Cost of revenues (145,848 )   (96,556 )   (13,306 )   (409,058 )   (353,516 )   (48,716 )
                           
    Gross Profit 799,722     474,150     65,339     2,386,190     1,754,241     241,741  
                           
    Operating expenses:                      
    Sales and marketing expenses (729,620 )   (395,175 )   (54,457 )   (2,006,884 )   (1,317,206 )   (181,516 )
    Research and development expenses (38,840 )   (20,891 )   (2,879 )   (123,655 )   (77,325 )   (10,656 )
    General and administrative expenses (36,390 )   (25,049 )   (3,452 )   (114,211 )   (86,194 )   (11,878 )
    Total operating expenses (804,850 )   (441,115 )   (60,788 )   (2,244,750 )   (1,480,725 )   (204,050 )
                           
    (Loss)/Income from operations (5,128 )   33,035     4,551     141,440     273,516     37,691  
                           
    Other income:                      
    Interest income 2,513     880     121     8,369     4,040     557  
    Remeasurement gain of previously held equity interests in connection with step acquisitions     8,109     1,117         8,109     1,117  
    Others, net 7,685     15,400     2,122     22,163     31,418     4,330  
                           
    Income before income tax 5,070     57,424     7,911     171,972     317,083     43,695  
    Income tax benefit/(expense) 9,560     (16,280 )   (2,243 )   16,948     (68,495 )   (9,439 )
                           
    Net income 14,630     41,144     5,668     188,920     248,588     34,256  
    Net loss attributable to noncontrolling interests     1             1      
    Net income attributable to QuantaSing Group Limited 14,630     41,145     5,668     188,920     248,589     34,256  
                           
    Other comprehensive income/(loss)                      
    Foreign currency translation adjustments, net of nil tax 423     (289 )   (40 )   (4,954 )   1,178     162  
    Total other comprehensive income/(loss) 423     (289 )   (40 )   (4,954 )   1,178     162  
                           
    Total comprehensive income 15,053     40,855     5,628     183,966     249,766     34,418  
    Total comprehensive loss attributable to noncontrolling interests     1             1      
    Comprehensive income attributable to QuantaSing Group Limited 15,053     40,856     5,628     183,966     249,767     34,418  
                           
    Net income per ordinary share                      
    – Basic 0.09     0.25     0.03     1.14     1.55     0.21  
    – Diluted 0.09     0.25     0.03     1.10     1.52     0.21  
    Weighted average number of ordinary shares used in computing net income per share                      
    – Basic 164,753,256     162,791,862     162,791,862     166,399,349     160,479,027     160,479,027  
    – Diluted 170,890,581     165,216,173     165,216,173     171,089,530     163,949,787     163,949,787  
    Share-based compensation expenses included in                      
    Cost of revenues (2,878 )   (1,431 )   (197 )   (9,945 )   (5,214 )   (719 )
    Sales and marketing expenses (2,779 )   (642 )   (88 )   8,678     (1,540 )   (212 )
    Research and development expenses (3,599 )   (167 )   (23 )   (10,611 )   (2,474 )   (341 )
    General and administrative expenses (8,039 )   (2,571 )   (354 )   (28,961 )   (8,073 )   (1,112 )
                                       

    QUANTASING GROUP LIMITED
    UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS
    (Amounts in thousands, except for shares and per share data)

    The following table below sets forth a reconciliation of revenues to gross billings for the periods indicated:

      For the Three Months
    Ended March 31,
      For the Nine Months
    Ended March 31,
      2024     2025     2025     2024     2025     2025  
      RMB     RMB     US$     RMB     RMB     US$  
                           
    Revenues of individual online learning services: 828,127     467,247     64,388     2,457,588     1,777,552     244,953  
    Add: value-added tax 52,986     27,919     3,847     147,665     101,969     14,052  
    Add: ending deferred revenues(1) 744,320     461,026     63,531     744,320     461,026     63,531  
    Less: beginning deferred revenues(1) (643,929 )   (440,632 )   (60,721 )   (661,360 )   (565,030 )   (77,863 )
                         
    Gross billings of individual online learning services 981,504     515,560     71,045     2,688,213     1,775,517     244,673  
     
    (1) Deferred revenues include contract liabilities, advance from customers, and refund liability of individual online learning services included in “accrued expenses and other current liabilities”.
     

    QUANTASING GROUP LIMITED
    UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS – continued
    (Amounts in thousands, except for shares and per share data)

    The following table below sets forth a reconciliation of net income to adjusted net income and basic and diluted net income per share to basic and diluted adjusted net income per share for the periods indicated:

      For the Three Months
    Ended March 31,
      For Nine Months
    Ended March 31,
      2024   2025     2025     2024   2025     2025  
      RMB   RMB     US$     RMB   RMB       US$  
                           
    Net income 14,630   41,144     5,668     188,920   248,588     34,256  
    Add: Share-based compensation expenses 17,295   4,811     662     40,839   17,301     2,384  
    Less: Remeasurement gain of previously held equity interests in connection with step acquisitions   (8,109 )   (1,117 )     (8,109 )   (1,117 )
                         
    Adjusted net income 31,925   37,846     5,213     229,759   257,780     35,523  
    Attributable to noncontrolling interests   1           1      
    Adjusted net income attributable to QuantaSing Group Limited 31,925   37,847     5,213     229,759   257,781     35,523  
                           
    Weighted average number of ordinary shares used in computing net income per share                      
    – Basic 164,753,256   162,791,862     162,791,862     166,399,349   160,479,027   160,479,027  
    – Diluted 170,890,581   165,216,173     165,216,173     171,089,530   163,949,787   163,949,787  
    Weighted average number of ordinary shares used in computing adjusted net income per share                      
    – Basic 164,753,256   162,791,862     162,791,862     166,399,349   160,479,027   160,479,027  
    – Diluted 170,890,581   165,216,173     165,216,173     171,089,530   163,949,787   163,949,787  
                           
    Net income per ordinary share                      
    – Basic 0.09   0.25     0.03     1.14   1.55   0.21  
    – Diluted 0.09   0.25     0.03     1.10   1.52   0.21  
    Non-GAAP adjustments to net income per ordinary share                      
    – Basic 0.10   (0.02 )   0.00     0.24   0.06   0.01  
    – Diluted 0.10   (0.02 )   0.00     0.24   0.05   0.01  
    Adjusted net income per ordinary share                      
    – Basic 0.19   0.23     0.03     1.38   1.61   0.22  
    – Diluted 0.19   0.23     0.03     1.34   1.57   0.22  
                                 

    The MIL Network

  • MIL-OSI China: Regular Press Conference of the Ministry of National Defense on May 29, 2025 2025-06-06 Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025.

    Source: People’s Republic of China – Ministry of National Defense

    By Senior Colonel Zhang Xiaogang, Spokesperson for the Ministry of National Defense (MND)

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    (The following English text is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    Zhang Xiaogang: Friends from the media, good afternoon, welcome to this month’s regular press conference of the Ministry of National Defense of the People’s Republic of China

    I have a piece of news to release at the top.

    The PLA National Defense University (NDU) sent a delegation to attend the 22nd Shangri-La Dialogue (SLD) upon invitation on May 29. The visit is scheduled till June 2, during which the delegation will also have exchanges with military and civilian units in Singapore.

    Journalist: Not long ago, the 4th Ministerial Meeting of the China-CELAC Forum was held in Beijing. President Xi Jinping attended the opening ceremony and delivered an important speech. Could you please provide more details about military cooperation between China and Latin American and Caribbean (LAC) countries?

    Zhang Xiaogang: Recently, President Xi Jinping attended the 4th Ministerial Meeting of the China-CELAC Forum and delivered a keynote address. He summarized the best practices for developing China-LAC relations, and announced the launch of five programs of Solidarity, Development, Civilization, Peace and People-to-People Connectivity. In the speech, President Xi has charted the course for building a China-LAC Community with a Shared Future.

    China-LAC cooperation has withstood winds and rains, and transcended mountains and oceans across half a globe. The cooperation has bolstered economic growth and improved the livelihoods of the LAC region, bringing tangible benefits to the local people. In recent years, the Chinese and LAC militaries have had frequent high-level exchange, and conducted numerous working level meetings. Events such as the China-LAC States Defense Forum, China-LAC Military Medicine Forum and Seminar for Senior Military Officers from LAC Countries have been held multiple times. China-LAC defense cooperation has been productive, deepening our friendship and mutual trust. The Chinese side stands ready to work with the defense establishments and militaries of LAC countries to act on the Global Security Initiative, and deepen substantive cooperation in such areas as mutual visits, professional exchanges and personnel training. Together, we will promote sustained and solid progress in building a China-LAC Community with a Shared Future.

    Journalist: In his recent speech, Lai Ching-te said that Taiwan would continue to strengthen its defenses and avoid war by preparing for it. Will the PLA conduct military exercises as countermeasures as before?

    Zhang Xiaogang: As long as Lai Ching-te continues his provocations for “Taiwan independence”, there will be no tranquility in the Taiwan Strait and no stability for our Taiwan compatriots. We warn the DPP authorities that “Taiwan independence” separatists will come to no good end. The PLA will remain combat-ready at all times, enhance combat readiness, and safeguard our national sovereignty and territorial integrity.

    Journalist: The US recently unveiled plans for the Golden Dome missile defense system, and announced that it would be completed in 3 years. May I have your comments on this?

    Zhang Xiaogang: The US presses ahead with the Golden Dome system and deploys space-based weapons, continuously expands its military build-up and stokes an arms race in outer space. Such acts violate relevant principles of the Outer Space Treaty, heighten the risk of turning the space into a war zone and triggering a space arms race, and shake the international security and arms control regime. Its actions will once again open the Pandora’s box. This proves again that no country has done more than the US in militarizing the space and making it a battlefield. We urge the US side to stop expanding military build-up in space, and take concrete actions to uphold global strategic stability.

    Journalist: I have two questions. The first one is that Japan’s Defense Ministry recently announced that Chinese aircraft carrier PLANS Liaoning conducted take-off and landing operations of ship-borne aircraft in the East China Sea. Officials of the Japan Self-Defense Forces said that similar activities were conducted by Chinese aircraft carriers before, but this training occurred in waters closer to Japan. The Japanese Defense Ministry therefore decided to make it public and this is the first time for the Ministry to release such information. What’s your comment on this?

    The second question is that the US President Donald Trump recently said that the US was mass-producing hypersonic missiles. As one of the major countries that develop hypersonic technologies, how does the Chinese side view the impact on the global arms control regime caused by the US accelerating its deployment of such strategic weapons?

    Zhang Xiaogang: On the first question, the task fleet led by PLANS Liaoning conducted training in relevant waters, which does not target any specific country or entity and is in line with international law and practice. I think the Japanese side overreacted.

    On your second question, We pursue a national defense policy that is defensive in nature, never engage in arms race with any other country, and are committed to global strategic stability.

    Journalist: I have two questions. The first one is that the US Carrier Strike Group led by USS Nimitz re-entered the South China Sea through the Singapore Strait on May 26 after its visit to Malaysia. What’s your comment on this?

    The second question is that reports suggest that the Indian side recovered an undetonated PL-15E air-air missile during the India-Pakistan conflict. Can you confirm this? Will this give the Indian side assess to relevant military technology?

    Zhang Xiaogang: On your first question, activities to flex its muscle and stir up troubles in the South China Sea will find no support. The Chinese side will firmly safeguard our territorial sovereignty and maritime rights and interests, and maintain peace and stability in the South China Sea.

    On your second question, the type of missile you mentioned is for export and has also been exhibited in international and domestic defense expos multiple times.

    Journalist: I have two questions. The first is the Commander of the US Army Pacific recently claimed that China’s increasingly aggressive behavior in the Indo-Pacific had made the situation more dangerous. He said that no one would have imagined that Beijing would conduct drills simulating a blockade of Taiwan five years ago, but now such moves were commonplace. In addition, head of the US Indo-Pacific Command said that the Chinese side was conducting comprehensive exercises in preparation for recovering Taiwan and was increasingly active in other regions of the Pacific. May I have your comments on this?

    The second question is that according to Taiwan media reports, the DPP authorities have stepped up its procurement of the Patriot missiles, drawn personnel from its Marine Corps to form combat units for the “Greater Taipei Area”, and launched several drills on responses to the so-called “PLA attacks on Taiwan”. Public opinion in Taiwan believes that these actions are preparing for Lai Ching-te’s desertion in the face of war. Do you have any comment?

    Zhang Xiaogang: For your first question, Taiwan is part of China. Resolving the Taiwan question is a matter for the Chinese, which brooks no external interference. For the cross-Strait situation, there is no factor more destabilizing than the provocations made by the “Taiwan independence” separatists and the disruptions by foreign forces. It’s legitimate, necessary, lawful and justified for the Chinese side to take actions to safeguard national sovereignty and territorial integrity. We urge the US side to stop fanning the flames on the Taiwan question. Such behaviors would only backfire.

    For your second question. Don’t be fooled by Lai Ching-te’s reckless provocations now. When the day comes, people like him will be the first to run away. For the PLA, defeating military elements of the “Taiwan independence” separatist forces is like shooting fish in a barrel. Those notorious separatists have no chance to escape.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Journalist: I have two questions. Firstly, you just announced that the PLA NDU sent a delegation to attend this year’s SLD. Why didn’t the Chinese side send higher level military officials to attend the dialogue? The US Department of Defense has already announced its attendance at the dialogue, and said that the US was a more credible regional partner than China. What’s your comment on that? My second question is that this year marks the 80th year of the World Anti-Fascist War. Many European countries have held celebrations commemorating this victory. September 3rd marks the 80th anniversary of the victory of the Chinese People’s War of Resistance against Japanese Aggression. Many people are expecting the Chinese side to hold a military parade to commemorate this anniversary. What’s your comment on that?

    Zhang Xiaogang: On your first question, China consistently engages in constructive dialogues to articulate our vision and initiatives. We are committed to enhancing mutual trust and deepening cooperation through these exchanges, contributing Chinese wisdom to the building of a community with a shared future for mankind. The PLA NDU delegation attending this year’s SLD will have in-depth exchanges with participating parties to build more consensus.

    As for the second question, I have no information to release here.

    Journalist: What is the Chinese Ministry of National Defense’s assessment on the equipment supplied by the Chinese military to Pakistan in the recent conflict between India and Pakistan? An Indian official said that China provided satellite and air defense systems for Pakistan, but these systems performed below average. What’s your comment on that?

    Zhang Xiaogang: Pakistan and India are neighbors who cannot move away from each other. We call on the both sides to keep calm, exercise restraint and avoid complicating the situation. China will continue to play a constructive role in maintaining regional peace and stability.

    Journalist: It’s reported that US Defense Secretary recently said that the US side would build up its military to meet China’s “threat” at every turn, and counter China in the Indo-Pacific. In addition, Commander of the US Army Pacific said that the US army was building agile new units in response to potential conflicts with China. What’s your comment on

    Zhang Xiaogang: Conflict and confrontation should not be the choice of either side. Mutual respect, peaceful coexistence and win-win cooperation is the right way for China and the US to deal with each other. The US side should stop conjuring up a powerful enemy for itself whether intentionally or unintentionally. Such imagination is not rational and extremely dangerous. The Chinese military will make all-out efforts to enhance our combat readiness, and firmly safeguard national sovereignty, security and development interests.

    Journalist: Some US and Israeli media outlets call on the US to stop its military assistance to Egypt, because of Egypt’s close cooperation with China. What’s your comment on this?

    Zhang Xiaogang: China-Egypt cooperation is not aimed at any third party, nor will it be interfered by any third party. The Chinese and Egyptian militaries will continue to deepen friendship, mutual trust and practical cooperation.

    Journalist: As China’s first aircraft carrier with catapult system, PLANS Fujian is undergoing a series of intensive sea trials. What kind of signal does that send out?

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Zhang Xiaogang: The sea trial is a necessary part for the construction of aircraft carriers. PLANS Fujian will conduct relevant tests as planned.

    Journalist: According to a satellite image revealed last week, H-6 bombers and a KJ-500 airborne early warning aircraft were seen on Yongxing Dao of Xisha Qundao. What is the purpose of this deployment? Some experts suggest that it is to send signals to the Philippines and Vietnam. What’s your comment on that?

    Zhang Xiaogang: I am not aware of the information you mentioned. I want to emphasize that the Xisha Qundao is an inherent part of the Chinese territory. We oppose the hype about relevant military activities.

    Journalist: An African Young Officers Delegation visited China recently. Some commentary regarded the trip as one that combines culture, technology and friendship. Could you please provide more details on this?

    Zhang Xiaogang: The African Young Officers Delegation concluded its 10-day visit to China on May 15. During the visit, nearly a hundred military officers from over 40 African countries, including Egypt, Mozambique, Tanzania and Kenya, came to cities such as Beijing, Changsha and Shaoshan. They visited military units, academies and high-tech enterprises, attended themed lectures and seminars, toured the Museum of the Communist Party of China and the former residence of Comrade Mao Zedong, and had in-depth exchanges with their Chinese counterparts. Members of the delegation expressed how impressive and inspiring this visit was. This is the 4th African Young Officers Delegation invited to China by the Chinese Ministry of National Defense. This visit deepened the traditional friendship between the Chinese and African militaries, and advanced the building of an All-weather China-Africa Community with a Shared Future for the New Era.

    Journalist: I have two questions. The first one is that the US Indo-Pacific Commander reportedly said that China was outpacing the US in the production of warships and other equipment. He said that the rates of changes on the depth and breadth of PLA’s exercises was what kept him up at night. May I have your comments on this?

    The second question is that it’s reported that China’s third large hospital ship PLANS Ark Auspicious has been commissioned, marking the deployment of large ocean-going hospital ship to the Eastern Theater Command, South Theater Command and North Theater Command respectively. What’s your comment on this?

    Zhang Xiaogang: On your first question, China does not engage in arms race with any other country. We develop our military to defend China’s national sovereignty, security and development interests and to bring stability and positive energy to global peace and security.

    On your second question, PLANS Ark Auspicious is the third 10,000-ton-class ocean-going hospital ship domestically designed and built by China. It features a combat-oriented layout and is equipped with advanced medical equipment. PLANS Ark Auspicious, together with Ark Peace and Ark Silk Road, not only forms the backbone of medical support on the sea, but also executes tasks of international humanitarian medical services, emergency medical rescue in major disasters, and foreign exchanges and cooperation on military medicine. PLAN hospital ships will help the Chinese military materialize the vision of building a maritime community with a shared future and offer the world more public security goods of higher quality.

    Journalist: Does the Chinese delegation plan to meet with any other delegations on the sidelines of the Shangri-La Dialogue? Is there any planned meeting with the US delegation?

    Zhang Xiaogang: Regarding this, we will release information in due course. The Chinese side values our defense relations with the US military and is open to communications at different levels. We hope the US side will earnestly respect China’s core interests and major concerns, work with us in the same direction, and promote the steady and sound development of military-to-military relations.

    Journalist: Minister of National Defense Admiral Dong Jun recently visited France and Germany, and attended the 6th UN Peacekeeping Ministerial. Please provide further details about this.

    Zhang Xiaogang:Minister of National Defense Admiral Dong Jun led a delegation to visit France and Germany and attend the 6th UN Peacekeeping Ministerial in Berlin from May 11 to 17. Minister Dong held talks with French Minister of the Armed Forces Sébastien Lecornu and German Federal Minister of Defence Boris Pistorius respectively. The leaders had an in-depth exchange of view on international and regional issues of mutual interests, and reached consensus on strengthening substantive engagements and cooperation between the Chinese and French and the Chinese and German militaries. Minister Dong also met with UN Secretary-General António Guterres and Under Secretary-General Jean-Pierre Lacroix on the sidelines of the 6th UN Peacekeeping Ministerial. In his speech delivered at the conference, Minister Dong emphasized that the Chinese side will work with different parties to act on the Global Security Initiative, uphold the core position of the UN, redouble efforts on the United Nations Peacekeeping Operations (UNPKOs), support the training of professional peacekeepers, optimize the composition and capabilities of Chinese Peacekeeping Standby Force, advance continuous innovation of UNPKOs, and contribute more to UNPKOs.

    Journalist: Lately, official new media accounts of PLA theater commands and services and arms have been opened on the ‘China Bugle” app. What’s your comment on that?

    Zhang Xiaogang: China Bugle is the mobile flagship platform of information release launched by the PLA News Media Center. As of now, the PLA Army, Navy, Air Force, Rocket Force, and the PAP, as well as the PLA Eastern, Southern, Western, Northern and Central Theater Commands have opened their official new media accounts on this app. This demonstrates the deep integration of different forms of military media, and provides an important channel for the public to learn about defense and military development in an all-round manner. Going forward, more military units and media outlets will join the “China Bugle” app to form an integrated new media platform for military news.

    Journalist: The draft of the Japanese defense ministry’s Defense White Paper 2025 was revealed. The draft claims that China is ramping up its nuclear, missile, maritime and aviation capabilities; that PLA’s activities near Taiwan demonstrate that Beijing is trying to improve its combat capabilities; and strengthened China-Russia military cooperation is a concern for Japan. What’s your comment on this?

    Zhang Xiaogang: In the draft of its Defense White Paper, the Japanese side repeats its irresponsible comments about China’s military development, and points fingers at China’s legitimate military activities and external military cooperation. We are strongly opposed to this. This year marks the 80th year of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. At this special historical juncture, it’s even more important for Japan to reflect on its behaviors, instead of making unfounded smears and accusations against others. We urge the Japanese side to follow the path of peaceful development, act prudently in the domain of military and security, and earn the trust of its Asian neighbors and the rest of the international community with concrete actions.

    Journalist: Head of Taiwan’s defense authorities Koo Li-hsiung reportedly said in an interview that US forces and alliances across Asia was crucial for holding Beijing in check. He also expressed hope for the US to expedite arms sales to Taiwan to help Taiwan address military threats from China.What’s your comments on this?

    Zhang Xiaogang: The Taiwan question is purely an internal affair of China, which brooks no interference. We will strive for the prospect of peaceful reunification with utmost sincerity and greatest effort. However, should the “Taiwan independence” separatists make provocations, challenge our bottom lines, or even cross the red lines, we will have to take decisive measures. The US side supports “Taiwan independence” separatists through arms sales. Such acts are self-defeating and will push Taiwan into the abyss of war.

    Journalist: Recently, the Chinese and Cambodian militaries successfully held the Golden Dragon 2025 joint exercise. Please provide more details.

    Zhang Xiaogang: The Chinese and Cambodian armed forces conducted the Golden Dragon 2025 joint exercise in Kampong Chhnang Province and the airspace and waters off the Sihanoukville Port from May 14 to 28. As the 7th iteration of the Golden Dragon series, this year’s exercise has three highlights. First, it focused on counter-terrorism and humanitarian assistance operations, conducting drills on relevant subjects. Second, the China-Cambodia Joint Support and Training Center at Port Ream provided support for drills on the sea for the first time. Air force helicopters took part in the exercise for the first time. Land, naval, air and joint logistic support components from both sides conducted drills together. Third, the exercise consisted of two parts: naval & air operations and ground & air operations. Participating troops were organized into mixed groups to learn from each other during tactical training and comprehensive drills, which helped to enhance command coordination and emergency response capabilities of the two sides. During the joint exercise, the PLA contingent also donated school supplies and provided free medical services to the local community. China and Cambodia are iron-clad friends with rock-solid relations. The Chinese and Cambodian militaries will work in concert to act on the important consensus between leaders of the two countries, and make greater contributions to building a China-Cambodia All-weather Community with a Shared Future for the New Era, and to preserving regional security and stability.

    Journalist: The Philippine Coast Guard said that the Coast Guard and Armed Forces of the Philippines and the US Coast Guard conducted a joint patrol in waters off Palawan, which reaffirmed the Philippines’ commitment to maritime security and the “rule-based international order”. What’s your comment on this?

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Zhang Xiaogang: At present, the situation in the South China Sea remains generally stable. The freedom of navigation and overflight entitled to all countries under international law has never been an issue. Some countries provoke confrontation in the name of cooperation, flex muscles under the guise of freedom, and create chaos with the pretext of order. They have become the biggest source of risks that undermines peace and stability in the South China Sea. We urge relevant countries to stop ganging up and stirring up troubles in the South China Sea, and stop harming regional peace and stability.

    Journalist: I have two questions. The first question is about the PLA aircraft carrier Liaoning and its task fleet. They are currently off the southeast coast of Taiwan. The Taiwan authority said that they have taken joint intelligence means to monitor relevant operations throughout the whole process. Some people suggest that the PLA will probably conduct military exercises before or after the Dragon Boat Festival. Can you confirm whether the PLA has relevant plans? My second question. According to media reports, the CIA is about to release its annual report, suggesting that the Chinese mainland poses the greatest threat to the world and increasing menace against Taiwan. It also said that the rapid modernization of the PLA would prevent the US from entering the Pacific. What’s your comment on this?

    Zhang Xiaogang: On your first question. Relevant military activities organized by the PLA recently are routine arrangements according to our annual training plan.

    On your second question, as we all know, China is unwavering in our commitment to peace, development and international order. The biggest threat to the current cross-Strait situation comes from separatist activities for “Taiwan independence” and support from foreign forces. If relevant countries truly care about stability in the Taiwan Strait, they should abide by the one-China principle and unequivocally oppose “Taiwan independence”.

    If there are no other questions, this concludes today’s press conference. Thank you.

    MIL OSI China News

  • MIL-OSI China: Official: China to expand cooperation with South Asian countries

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

    China will explore new cooperation areas with South Asian countries in emerging fields such as energy transition, digital economy, low-carbon development, and smart manufacturing, and jointly safeguard the stability of industrial and supply chains, said Yan Dong, vice minister of commerce, on Friday at a press conference in Beijing.

    MIL OSI China News

  • MIL-OSI China: Millions vie for college spots as reforms boost fairness and opportunities

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

    As a rare hush replaces the usual rustle of pages and scribbled notes, 13.35 million students in China close their textbooks one final time, moving from intense preparation to the calm before the storm.

    On Saturday, bright young minds from across the country will participate in the college entrance exam, seeking the best possible opportunities to chase their dreams and casting a vote of confidence in the country’s higher education system.

    Since its reinstatement in 1977, the unified exam, known as the gaokao, has transformed millions of lives through merit-based selection. As a powerful social equalizer, it reinforces the belief that with hard work and determination, any student can shape a successful future.

    While the intense competition has long been a subject of national attention — once likened to “thousands of troops crossing a single-plank bridge” — reforms over the past decade have gradually expanded students’ choices in the matriculation system, while maintaining a strong commitment to fairness.

    According to the latest available figures from the Ministry of Education, China’s gross enrollment rate in higher education had surpassed 60 percent by 2023. More than 47 million students studied at colleges and universities that year.

    Prior to this year’s gaokao, one of the country’s vice premiers inspected an enrollment and examination center and an exam site at a school in north China’s Shanxi Province.

    Noting that the exam concerns the immediate interests of millions of families, Ding Xuexiang said that fairness and equity must be upheld, calling them the “lifeline” of the gaokao.

    To ensure smooth traffic for students, cities across China are stepping up efforts with temporary traffic controls around test centers, keeping the roads clear and congestion at bay. For students facing travel difficulties, many cities are rolling out free ride services to make sure no one is left behind.

    Silence will also be the order of the day — honking around exam venues will be banned, and nearby construction will come to a halt.

    Within certain exam halls, technicians are busy fine-tuning AI-powered surveillance systems that can flag unusual behavior and rule violations in real time, effectively eliminating any opportunity for cheating.

    Liu Boyang, a student from southwest China’s Chongqing Municipality, will sit the gaokao on Saturday. He hopes to study medicine. “I might choose a major related to intelligent medical engineering, as smart technology is the direction of future development,” he said.

    This year, universities and colleges have introduced 29 new majors, including low-altitude technology and engineering, geriatric medicine and health, and carbon neutrality science and engineering.

    “A lot of these new majors are tied to national strategies and really open doors to the careers of tomorrow,” said Fu Xiaoying, a college admissions advisor.

    There are about 3,000 colleges and universities across the country. In recent years, the government has elevated the status of vocational education, bringing it on par with general education. Key measures include extending bachelor’s degree programs to the vocational education system and allowing secondary vocational students to take the gaokao.

    In some cases, higher education vocational programs may be more appealing than traditional university degrees.

    A vocational-and-technical college in Zhengzhou, central China’s Henan Province, recently made headlines for requiring applicants to already possess a bachelor’s degree to apply for its high-speed rail equipment testing program, even though the diploma awarded is an associate degree.

    This unusual requirement reflects strong job prospects and the high level of technical skills these roles represent, said Chen Zhiwen, a member of the academic committee at Chinese Society of Educational Development Strategy.

    As society becomes more diverse, Chinese students can pursue their ambitions through pathways beyond traditional academic routes. The gaokao is no longer a single-plank bridge but a wide junction of diverse paths.

    Though it remains imperfect, this matriculation system is considered one of the most efficient ways to achieve fairness in education for a population of 1.4 billion.

    “I think the gaokao really levels the playing field for most students in China,” said Chen Hanting, an 11th grader from Beijing’s Chaoyang District.

    “After all, my family can’t fund an elephant conservation trip to Africa or land me an internship with a foreign politician to boost my college application,” said Chen, whose father runs a video game studio and whose mother is a senior editor at a newspaper.

    For years, rumors spread that graduates from China’s elite universities were heading abroad in large numbers. However, experts and university officials clarified to the media that there hasn’t been a mass exodus — rather, the fact is that fewer students are now choosing to pursue studies abroad.

    At Tsinghua University, for example, the proportion of graduates continuing their education overseas dropped from about 15 percent in 2018 to just 8 percent in 2023, according to the university.

    “For the advancement of science and technology, we need to encourage greater international exchange in both the humanities and scientific fields,” said Zhang Chao, former director of student career development at Tsinghua.

    China has experienced a noticeable decline in the willingness of students to pursue international education, reversing the surge in the early 2000s.

    A report from the Institute of International Education revealed that the number of students from the Chinese mainland studying in the United States fell 4.2 percent year-on-year to approximately 277,000 in the 2023-2024 academic year, a level last seen in 2013-2014.

    The decline is particularly pronounced at the undergraduate level, with a year-on-year drop of 12.8 percent, according to the report.

    Experts point to uncertainties arising from geopolitical tensions and disruptive measures, such as the threat of sudden visa cancellations for students.

    Chen Zhiwen attributed this shift to rising national pride, driven by two decades of economic growth, improved living standards, and — perhaps most importantly — increasing confidence in domestic higher education.

    “We’re unlikely to go abroad for undergraduate studies. Right now, studying at a Chinese university is hands down the most cost-effective option,” said Chen Hanting’s father. 

    MIL OSI China News

  • MIL-OSI China: China’s new satellite industry city takes shape with ground station project approved

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

    China’s new satellite industry city takes shape with ground station project approved

    A new satellite industry city is taking shape in southwest China’s Sichuan Province, following the approval of a commercial satellite ground station project in Meishan, which is working to become a new powerhouse of the industry in China.

    The newly approved project, the largest of its kind in Sichuan, marked a critical step in advancing the region’s aerospace ecosystem and promoting the country’s development of commercial satellite networks as well, Yang Zhenyu, deputy general manager of the Huantian Wisdom Technology Co., Ltd., owner of the new infrastructure, told Xinhua on Friday.

    “It is expected to complete the last piece of Meishan’s aerospace industry layout, making the city one of the few places in China with comprehensive capabilities in satellite research and development, monitoring and control, application, and data transmission,” he said.

    The ground station, covering 872 square meters near a local reservoir, will feature a 12-meter-diameter antenna and auxiliary facilities.

    Its construction is scheduled to commence in mid-June, with an anticipated completion date in the third quarter of this year, followed by official operations by year-end, said Yang.

    “This infrastructure is pivotal for satellite operations,” he said.

    It aims to address data transmission bottlenecks by enabling autonomous tracking, telemetry, and command for the Huantian Constellation satellites, a major commercial satellite constellation in China for agricultural monitoring, ecological protection and smart city construction, ending the area’s reliance on leased external stations, he explained.

    Once operational, the ground station will significantly enhance the satellite’s data transmission and reception capabilities and stability, he said.

    MEISHAN’S PLAN

    In the past three decades, China’s space industry has rapidly advanced, marked by the launch of landmark space missions such as Shenzhou and Chang’e. As a result, numerous cities known for their related industries have popped up across the country.

    In the realm of satellite technology, regions beyond traditional strongholds like Beijing, Shanghai, and Xi’an are now making significant strides in this sector, particularly in commercial satellites. Cities such as Meishan have emerged as new hubs for the satellite industry.

    Yang noted that once established, the ground station can not only reduce data usage costs for local enterprises but also attract supporting projects from upstream and downstream sectors. This will help to further expand the “satellite plus” industrial cluster in Meishan, which is just about 70 kilometers away from the provincial capital of Chengdu.

    The city now hosts a satellite industrial park, a satellite monitoring and control center and 10 high-resolution optical satellites under Huantian Constellation’s phase 1.

    Meishan unveiled its satellite industry development plan (2024-2030) last year, outlining a strategic roadmap to build a globally competitive satellite industry cluster by 2030, targeting an industrial scale exceeding 10 billion yuan (about 1.39 billion U.S. dollars).

    Leveraging the Huantian Constellation project as its cornerstone, the city will drive integrated development across satellite applications, operations, manufacturing, and experimental launch capabilities.

    Key tasks include diversifying satellite applications, enhancing ground system capabilities, developing satellite assembly integration, and exploring innovative aerospace information technologies, according to the plan.

    VISION OF THE CONSTELLATION

    Launched in 2022, the Huantian Constellation orbits 535 km above Earth, capturing over 1 TB daily data, equivalent to 200,000 HD images, and covering 70 million square kilometers globally with a 120-minute revisit capability, according to Yang.

    Leveraging its “sky-air-ground” service framework, the company has driven breakthroughs in farmland monitoring, ecological protection, and disaster prevention. In 2024, it reported revenue of 430 million yuan and profits of 36 million yuan, surging 30 percent and 20 percent year-on-year, respectively, he said.

    Last year, as the leader of the satellite industrial park in west China, Huantian Wisdom led the establishment of a commercial satellite alliance. This allowed for the integration of 148 satellites nationwide, expediting the development of the industrial cluster and uniting the satellite industry with the low-altitude economy.

    “We plan to launch 10 more satellites this year,” Yang said.

    Looking ahead, the satellite constellation plans to expand to 30 to 50 satellites in phase 2, further enhancing data acquisition and global revisit efficiency, said Yang, adding that their long-term goals include integrating 6G, AI, and space-ground fusion tech to build smart commercial platforms and advance low-altitude economy applications.

    MIL OSI China News

  • MIL-OSI Global: Four years after a 15% global minimum tax deal, the world remains divided on how to implement it – podcast

    Source: The Conversation – UK – By Mend Mariwany, Producer, The Conversation Weekly Podcast, The Conversation

    Dilok Klaisataporn/Shutterstock

    In October 2021, 136 countries agreed to establish new tax rules requiring large multinational companies to pay at least 15% in corporate tax. Nearly four years later, this ambitious agreement is finally being implemented around the world, but its success faces big challenges.

    The Organisation for Economic Cooperation and Development (OECD) tax framework aims to end the so-called race to the bottom, where corporations pit countries against each other to pay less tax and shift profits to jurisdictions with lower tax rates.

    In the second part of The 15% solution from The Conversation Weekly podcast, we examine progress towards implementing the global tax deal.

    The OECD’s two-pillar system fundamentally changes how multinationals are taxed. Pillar One determines where companies pay taxes. Pillar Two establishes how much they must pay: a minimum of 15% for any multinational with yearly revenues above US$850 million. The innovative aspect of the system is that it is self-enforcing. If a company pays less than 15% in any country, other nations where it operates can charge a supplementary tax to meet that minimum.

    However, implementation faces significant obstacles. So far around 140 countries have signed up. President Donald Trump withdrew the US from the negotiations in February 2025. China supports the framework in theory but is slow to fully implement it. And some low- and middle-income countries have also not signed up, citing technical complexity or bias toward higher-income countries.

    Martin Hearson, a research fellow at the Institute of Development Studies in the UK, explains that for countries with fewer legal and administrative resources, even good rules can be counterproductive due to their complexity. This has led some countries to look for alternatives, including a new UN Framework Convention on International Tax Cooperation, for which negotiations began in February 2025.

    Despite these challenges, the OECD expects that approximately 80% of profits previously taxed at low rates will now be appropriately taxed.

    Listen to part two of The 15% solution on The Conversation Weekly podcast. Part one is available here.


    This episode of The Conversation Weekly was written and produced by Mend Mariwany. Gemma Ware is the executive producer. Mixing and sound design by Eloise Stevens and theme music by Neeta Sarl.

    Newsclips in this episode from DW News, Arirang News, and Bloomberg.

    Listen to The Conversation Weekly via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here. A transcript of this episode is available on Apple Podcasts.

    Martin Hearson’s research has been supported by the UK Foreign, Commonwealth and Development Office, the Norwegian Agency for Development Cooperation, the Gates Foundation, the Intergovernmental Group of 24, the World Bank, the UN Department for Economic and Social Affairs, and ActionAid International.

    ref. Four years after a 15% global minimum tax deal, the world remains divided on how to implement it – podcast – https://theconversation.com/four-years-after-a-15-global-minimum-tax-deal-the-world-remains-divided-on-how-to-implement-it-podcast-257695

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: Edison Awards_ Silver AI-Optimized Smart EDM Equipment(MIRDC)

    Source: Republic of China Taiwan

    MIRDC has received a prestigious Silver Award for creative groundbreaking innovation has been honored with a Silver Award at an international innovation competition for its groundbreaking development-the “AI-Optimized Smart EDM Equipment”. This advanced pioneering system integrates artificial intelligence (AI) with AIoT cloud-based management, adaptable parameters control (APC)introducing self-adaptive parameter tuning and real-time compensation mechanisms. The result is a comprehensive upgrade of traditional electrical discharge machining (EDM), significantly enhancing both process efficiency and machining precision, and propelling high-end manufacturing into the era of smart production.

    EDM is an essential process in industries such as aerospace, especially for machine high-precision, complex materials. Traditionally, EDM operations relied on the manual expertise of skilled technicians to fine-tune dozens of parameters, resulting in unstable quality, prolonged processing times, and limited scalability. The AI-Optimized Smart EDM Equipment leverages AI to automatically assess machining conditions and make real-time adjustments to critical parameters. This eliminates the instability and inefficiency of manual operation, introducing predictive capabilities and highly stable process control.

    Equipped with microsecond-level data acquisition technology, AI-Optimized Smart EDM Equipment can capture over one million pulse signals per second. It analyzes seven key machining features in real time-such as spark frequency, peak current, and gap voltage-and applies AI models to assess machining quality and optimize parameters. This dramatically reduces finishing time from 12 hours to less than 4 hours, while increasing machining precision from the conventional 10 microns to under 5 microns-and in some cases, with some applications achieving sub-micron precision (0.5 micrometre)- a benchmark suitable for aerospace-grade components.

    In addition to hardware innovation, the technology further integrates an AIoT cloud-based architecture that enables comprehensive process data traceability, remote monitoring, and anomaly detection. Users can access the cloud platform to monitor real-time equipment status and machining quality across global operations, allowing rapid response to supply chain disruptions. This enhances manufacturing flexibility and operational efficiency, aligning perfectly with the smart manufacturing demands of high-end industries such as aerospace, electric vehicles, and semiconductors.

    The technology has received eight domestic and international patents and has been successfully implemented by over ten companies-including OSCARMAX and YAWJET-in applications ranging from high-end EV connector terminal molds and critical aerospace engine components. The system has not only improved manufacturing efficiency and product yield but also helped partner companies secure major international contracts, generating substantial commercial returns.

    The “AI-Optimized Smart EDM Equipment” is more than a technological upgrade- it represents a paradigm shift in manufacturing. It symbolizes Taiwan’s shift from traditional contract manufacturing to a position of global leadership in innovation-driven smart manufacturing. Looking forward, this technology is set to expand into additional high-precision sectors such as space, new energy vehicles, and medical devices, continuing to fuel industrial innovation and strengthen Taiwan’s presence on the global stage.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: The ecological environment in Xizang remained stable in 2024

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    LHASA, June 6 (Xinhua) — The ecological condition of southwest China’s Xizang Autonomous Region has remained stable overall and continued to improve, and it still ranks among the regions with the best ecological environment quality in the world, according to an official report released by the Xizang Autonomous Region’s Ecology and Environment Administration on Thursday.

    According to the report, the air and water quality in Xizang was consistently good in 2024. Six national-level environmental monitoring stations were established in the region.

    There are 97 nature reserves in Xizang, covering a total area of 434,000 square kilometers, home to 246 species of wild animals under state protection. Notably, more than 80 percent of the world’s population of Tibetan antelope, wild yaks, and black-necked cranes spend the winter in Xizang.

    Luo Kaituo, an official from the aforementioned department, said that in 2024, Xizang’s forest area increased by 1.06 million mu (about 70,667 hectares). -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Perhaps it is better to let Russia and Ukraine fight for a while longer – D. Trump

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    WASHINGTON, June 6 (Xinhua) — U.S. President Donald Trump said on Thursday it might be better to let Russia and Ukraine fight for a while longer, despite German Chancellor Friedrich Merz’s call for more U.S. pressure on Russia.

    During a meeting with F. Merz at the White House, D. Trump said that “hostility” and “hatred” between the parties to the conflict will make it difficult to achieve a ceasefire in the near future. This statement by the American president contradicts his previous statement about the imminent end of the conflict.

    “Sometimes you let them fight a little bit. You see it in hockey. You see it in sports. The referees let them go on for a couple of seconds, give them a little bit of time before they break it up,” Trump said.

    According to F. Merz, America is again in a very strong position to end this war. “We would like to increase the pressure on Russia,” the Chancellor added.

    On Thursday, D. Trump also said that new sanctions against Russia are not expected. However, he hinted that he could impose sanctions against both Russia and Ukraine, because “it takes two to tango.”

    “When I see a point where this is not going away, we will act very tough,” Trump said. “And it could affect both countries.” –0–

    MIL OSI Russia News

  • MIL-OSI Russia: China urges Syrian authorities to prevent chemical weapons from falling into terrorist hands

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    UNITED NATIONS, June 6 (Xinhua) — China’s Deputy Permanent Representative to the United Nations Geng Shuang called on the interim Syrian authorities to prevent dangerous substances and chemical weapons from falling into the hands of terrorists at the Security Council on Thursday.

    Currently, there is instability in the security sphere in Syria, the danger of terrorism is high. There is a growing risk that terrorist organizations and extremist forces will take advantage of the current chaos to gain strength and regain lost positions, the diplomat warned.

    “The international community must remain highly vigilant against the potential scenario in which terrorist forces in Syria could produce, acquire or use chemical weapons,” he said.

    China is concerned about reports that foreign terrorist fighters based in Syria have recently been recruited into the Syrian army and calls on the Syrian interim authorities to fulfill their obligations in combating terrorism, Geng Shuang said.

    The interim authorities of Syria must take all necessary measures to combat all organizations and individuals included in the list of terrorists by the UN Security Council, including the East Turkestan Islamic Movement, and prevent dangerous substances and chemical weapons from falling into the hands of terrorists, the deputy permanent representative said.

    The political transition in Syria is at a critical stage. China sincerely hopes that peace and stability will return to Syria at an early date, Geng Shuang said.

    To this end, China calls on all relevant parties in Syria to fully interact and consult with each other, achieve maximum consensus, and move forward with a broad and inclusive political transition in an orderly manner, he said.

    At the same time, the diplomat added, it is important to ease the humanitarian situation and begin economic recovery with the help of the international community. China supports the important role of the UN in this process, Geng Shuang summed up. –0–

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Edison Awards_Gold 3D MAGVIS-NAV ICH System(MIRDC)

    Source: Republic of China Taiwan

    Hemorrhagic stroke is a sudden and life-threatening condition caused by bleeding within the brain due to a ruptured blood vessel. Each minute is critical for patient survival. Conventional treatment methods, such as craniotomy, often involve large incisions and repeated X-ray imaging to confirm instrument position, which increases surgical risk, prolongs procedure time, and exposes both patients and medical staff to significant radiation.

    MIRDC has earned international acclaim with its award-winning innovation, the 3D Magnetic Tracking-Guided ICH Surgical Navigation System (3D MAGVIS-NAV ICH System). By incorporating real-time magnetic tracking and visual assistance, the system significantly shortens decision-making time and greatly improves positional accuracy, showcasing Taiwan’s capabilities in advanced medical technology. Leveraging 3D magnetic-guided multifunctional endoscopy, it provides surgeons with a penetrating, GPS-like multidimensional view, enabling precise targeting of intracranial hemorrhage within confined spaces and substantially enhancing both the safety and success rate of stroke surgeries.

    3D MAGVIS-NAV ICH System integrates ultra-precise magnetic sensors with a flexible multifunctional endoscope, allowing dynamic tracking of surgical instruments within the brain. When combined with real-time medical imaging, it creates a 3D stereoscopic navigation environment. This enables accurate, single-attempt access to the bleeding site while avoiding repeated punctures and the risk of secondary hemorrhaging. Moreover, it reduces intraoperative radiation exposure by up to 80%. Clinically, the system has shown remarkable outcomes-reducing surgical mortality from 25% to 5% and significantly lowering postoperative rebleeding rates.

    Designed with a modular architecture, the 3D MAGVIS-NAV ICH System is built into a compact medical cart, making it easily deployable across healthcare institutions. It is especially suited for use in remote or resource-limited regions for urgent and critical care, reinforcing Taiwan’s global impact in the domains of smart healthcare and medical equity.

    Currently, MIRDC has strategically integrated the system with ClearMind Biomedical Inc. and is working with the Department of Neurosurgery at Kaohsiung Veterans General Hospital to offer safer and more effective clinical options. Moving forward, MIRDC will continue collaborating with medical device manufacturers and academic institutions to expand the system’s applications. With support for flexible endoscopy and puncture procedures, the platform can be extended to meet the precise navigation needs of the cardiac catheter positioning, lungs, liver, kidneys, breasts, bladder, sinuses, oral swallowing function and speech activity measurements and more-broadening its clinical value and medical impact.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Edison Awards_ Silver Compact and High-Performance Welding Cobot(MIRDC)

    Source: Republic of China Taiwan

    To overcome the welder shortage in large-scale steel constructing, the Metal Industries Research & Development Centre (MIRDC) has developed a groundbreaking innovation-the Compact and High-Performance Welding Cobot (CHPW), which has received the prestigious Silver Edison Award. This advanced robotic system acts like a welder’s “intelligent eyes,” equipped with real-time 3D laser scanning and AI-powered weld defect recognition to accurately capture and analyze the weld seam morphology. This enhance welding quality and bring digital transform large-scale welding industry, significantly reducing waste for rework time and labor cost, in advance to minimize human intervention.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: The Automotive Research & Testing Center’s Level 3 Autonomous Electric Bus won the Bronze Award in the 2025 Edison Awards.

    Source: Republic of China Taiwan

    Taiwan’s Automotive Research & Testing Center (ARTC) has reached a major milestone in the field of smart mobility. Through the integration of advanced technologies and collaboration with local industry partners, ARTC has successfully developed the country’s first domestically produced electric bus with Level 3 autonomous driving capabilities. This innovation was internationally recognized with a Bronze Award at the 2025 Edison Awards, underscoring Taiwan’s growing influence in global intelligent transportation.

    At the core of this achievement is a highly intelligent electric bus equipped with a suite of advanced sensors and control systems. The vehicle is capable of real-time monitoring of the driving environment, autonomous control, and seamless transitions between manual and autonomous driving modes when road conditions permit. These features are enabled by an integrated platform that combines perception, decision-making, and vehicle control technologies.

    The autonomous system is designed to maintain lane discipline and avoid obstacles by analyzing road features. When the driver activates the turn signal, the system ensures that a safe gap in traffic is available before assisting in the maneuver. These capabilities not only enhance driving safety but also alleviate the driver’s workload-particularly in complex or congested driving environments.

    In addition, the vehicle incorporates a driver monitoring system that uses facial and posture recognition to assess the driver’s readiness to take over control. If the environment becomes unmanageable and the driver is unresponsive-due to fatigue or distraction-the bus will automatically reduce speed and come to a safe stop or pull over. This significantly reduces the risk of accidents caused by human error or delayed reaction times.

    Currently, most buses in Taiwan still rely heavily on manual driving, making driver fatigue a key safety concern. The implementation of Level 3 autonomous functions provides a practical solution for improving operational safety and passenger comfort. It also marks an important step toward more intelligent and sustainable forms of public transportation.

    The project was made possible through ARTC’s partnership with Taiwanese bus manufacturer CHTC Motor. The resulting vehicle meets both domestic requirements and key international standards, including UNECE regulations UN R79 and UN R157. These cover features such as automated lane keeping, emergency steering, and lane change assistance-essential functions for Level 3 autonomy.

    Being named a Bronze Winner at the 2025 Edison Awards-one of the world’s most prestigious accolades for innovation-demonstrates the global competitiveness and technical excellence of Taiwan’s smart mobility initiatives. The Edison Awards honor excellence across industries in technology development, product innovation, and applied science.

    Looking ahead, ARTC will continue advancing next-generation intelligent transportation technologies through industry collaboration and applied research. The successful deployment of Taiwan’s first Level 3 autonomous electric bus is not only a technological achievement-it signals that Taiwan is ready to compete in the global race toward smart and sustainable transportation.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Xi receives visit from Panchen Rinpoche

    Source: China State Council Information Office

    Xi receives visit from Panchen Rinpoche

    Xinhua | June 6, 2025

    Chinese President Xi Jinping on Friday called on Panchen Rinpoche to make greater contributions to promoting ethnic unity and religious harmony, as well as the stability, development and progress in southwest China’s Xizang Autonomous Region.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks while receiving a visit from Panchen Erdeni Chos-kyi rGyal-po at Zhongnanhai in Beijing. 

    MIL OSI China News

  • MIL-OSI China: Targeting greener future, China embraces low-carbon growth with strides

    Source: China State Council Information Office

    From coal-powered plants belching smoke to vast expanses of solar panels glinting under the sun, China’s transition to green development is moving at a fast clip with notable progress, propelled by President Xi Jinping’s commitment to building a more sustainable future.

    In 2024, 86 percent of newly installed power capacity in China came from renewable energy sources, while the share of cumulative installed renewable capacity rose to a record high of 56 percent of the national total, official data showed.

    The figures reflect years of arduous efforts of the world’s largest developing country to pivot from fossil fuels toward cleaner energy sources, spearheaded by Xi’s steady and strategic commitment to a low-carbon development path.

    Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, said in 2020 that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. The pledge represents the steepest cut in carbon emission intensity in the shortest period of time that the world has ever seen.

    “Carbon peaking and carbon neutrality are not something asked of us, but something we are doing on our own initiative,” Xi once said, adding that the goals cannot be achieved easily but efforts must be made immediately.

    Calling for advancing green and sustainable development rather than GDP-oriented growth, Xi has urged regions burdened by outdated industrial models to accelerate green transitions while balancing the need for energy security.

    Inner Mongolia Autonomous Region in north China offers a vivid illustration. Rich in coal and central to the nation’s energy supply, the region had been leaning on high-polluting industries and resource-intensive growth.

    In 2018, during a joint deliberation with fellow lawmakers from Inner Mongolia, Xi urged the region to develop the modern energy sector effectively by following the latest industrial trends.

    Over recent years, the region has quickened its pace of transformation. Once known for coal and desert, it is now dotted with vast arrays of solar panels and wind turbines. By the end of 2024, the region’s installed new energy capacity, which includes wind power and solar energy, had overtaken thermal power for the first time, reaching the landmark a full year ahead of schedule.

    The region’s green transition mirrors broader national efforts. To achieve its carbon reduction goals, the government has introduced sweeping measures, including the expansion of market mechanisms to drive change.

    In July 2021, China officially launched its national carbon emissions trading market, a critical step in reducing carbon footprints and meeting emissions targets. The platform has since evolved into the world’s largest carbon market by the amount of greenhouse gas emissions traded. Notably, the carbon-emissions intensity in the generation of electricity has since decreased by 8.78 percent.

    While striving to tackle climate change, China’s green push has also emerged as a powerful engine of economic growth. “Green, circular, and low-carbon development represents the trend of the current technological revolution, and the direction in which is shifting,” Xi said at a meeting in 2015. He also noted that with unparalleled future prospects and potential, the development will create a number of growth drivers.

    Since Xi announced carbon peaking and carbon neutrality targets nearly five years ago, China has built the world’s largest and fastest-growing renewable energy system as well as the largest and most complete new energy industrial chain.

    The country’s production and sales of new energy vehicles have secured the top position in the world for 10 consecutive years. It also emerged as a global technology leader in sectors such as solar panels, lithium batteries, and carbon capture, among others.

    Xi has also underscored the key role a sound ecological environment plays in supporting China’s long-term development, and has long been concerned about land restoration and afforestation.

    For 13 consecutive years, Xi has maintained a tree-planting tradition, joining officials and citizens to promote the country’s afforestation drive. From 2012 to 2024, China’s afforestation area was equivalent to over twice the size of Germany.

    With nearly one-fifth of the world’s population, China’s green transformation carries global significance. The country has been working to help power the world’s green transition by sharing its expertise in green technologies and aiding clean energy projects in developing countries.

    Between 2016 and 2023, China provided a total of 24.5 billion U.S. dollars in climate-related funding to other developing countries. In 2023 alone, China’s exports of wind and solar products helped other countries reduce carbon emissions by 810 million tonnes.

    “However the world may change, China will not slow down its climate actions, will not reduce its support for international cooperation, and will not cease its efforts to build a community with a shared future for mankind,” said Xi at the Leaders Meeting on Climate and the Just Transition in April. 

    MIL OSI China News

  • MIL-OSI China: 9th China-South Asia Expo to be held in China’s Yunnan

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

    The 9th China-South Asia Exposition will be held in Kunming, capital city of southwestern China’s Yunnan province, from June 19 to 24. In 2024, the trade volume between China and South Asian countries reached nearly US$200 billion, doubling the amount from a decade ago, recording an average annual growth rate of around 6.3%.

    MIL OSI China News

  • MIL-OSI China: Alvarez on target as Argentina sink Chile

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

    Julian Alvarez scored a first-half winner as Argentina clinched a 1-0 away victory over Chile in their FIFA World Cup qualifier on Thursday.

    The visitors took the lead in the 16th-minute at Estadio Nacional in Santiago when Alvarez ran onto Thiago Almada’s through ball and lifted a shot over goalkeeper Brayan Cortes.

    Argentina controlled more than two thirds of possession against a Chile side that could only manage three shots on target.

    With World Cup qualification already secured, Argentina started without captain Lionel Messi, as manager Lionel Scaloni fielded a largely inexperienced side.

    Messi replaced Nico Paz in the 57th minute and the 37-year-old came close to scoring shortly after with a dangerous free-kick that was saved by Cortes.

    Scaloni paid tribute to his players’ commitment after the match, adding that Chile had provided a stern test.

    “It’s the players’ job to always give their all when they wear the national team shirt,” he told a post-match news conference. “These are tough matches because the players are having to get through a lot of games, but everyone wanted to be here and contribute – that’s the important thing.”

    While Argentina can already start preparing for football’s showpiece tournament in the United States, Mexico and Canada next year, Chile’s chances of qualifying are distant.

    Ricardo Gareca’s side is currently last in the 10-team South American zone standings and even three wins from its three remaining qualifiers might not be enough to secure a playoff spot.

    In other CONMEBOL World Cup qualifiers on Thursday, Ecuador and Brazil drew 0-0 in Guayaquil and Paraguay beat Uruguay 2-0 in Asuncion.

    MIL OSI China News

  • MIL-OSI China: Crossing mountains, Chinese youth building future beyond the fields

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

    On a crisp spring morning, Wang Bing navigated frost-rimmed paths toward her office at the government building of Taxkorgan Tajik Autonomous County in northwest China’s Xinjiang Uygur Autonomous Region, a windswept frontier perched 4,000 meters above sea level on the Pamir Plateau.

    Last year, the 24-year-old from Inner Mongolia Autonomous Region in north China had joined 44 peers in the “Go West” program, trading city life for a government audit role in one of China’s most remote regions. Her sun-burned cheeks tell a story shared by hundreds of thousands — generations redefining success through service in the nation’s hinterlands.

    Wang’s journey mirrors a seismic shift among China’s youth. Since its launch in 2003, China’s “Go West” program has enabled 540,000 young volunteers to serve across over 2,000 county-level regions in the country’s vast, underdeveloped western regions for a year or more, according to the Communist Youth League of China. The talent program seeks to bring fresh perspectives and energy to areas with significant growth potential.

    In Kuqa City’s No. 3 Middle School, Liu Daqian from Harbin Institute of Technology (HIT) in northeast China, helps his students, who once “struggled to hold a mouse,” to practice robot programming. In January 2024, an HIT alumni-founded company donated an AI laboratory to the school. That same year, two student teams mentored by HIT volunteer teachers won national competition awards, setting a new record for southern Xinjiang.

    “I studied bridge engineering, and I want to build that same kind of bridge, one that connects children to a bigger world,” said Liu, who teaches geography. To his students, the witty and humorous teacher from Heilongjiang Province possesses a magical charm — he always seems to have the answer to every question.

    Of those in the “Go West” program, over 55,000 volunteers have served in Xinjiang, a region covering one-sixth of China’s territory, with more than 15,000 choosing to remain in Xinjiang long term, the regional Communist Youth League Committee revealed.

    Wang Jiamin, meanwhile, has returned to familiar territory but in a new role. After earlier teaching in rural Yunnan Province in southwest China via this program, the Beijing Foreign Studies University graduate has gone back to Yunnan after her stint as a student in the Chinese capital, this time serving as a civil servant. Calling Yunnan her “second hometown,” Wang expressed excitement about trekking through the fields and visiting the homes of villagers to persuade families to send their children back to school.

    There are also rooted professionals active in rural settings in the west of China. Dressed in pink scrubs and gloves, 29-year-old veterinarian Bai Hua deftly examined a cow in Guyuan of northwest China’s Ningxia Hui Autonomous Region, where she was born into a cattle farming family and has practiced as a veterinarian for a decade since graduating from a local vocational-technical school.

    “Field vets must travel village-to-village daily and most can’t handle it,” she said, recalling initial skepticism from farmers about her petite frame. “But skill outweighs size,” she added. Her team now treats over 100 livestock daily — providing critical expertise to remote farms.

    Youth-driven innovation is transforming rural economies. In the mountainous areas of Longnan, northwest China’s Gansu Province, tech-savvy entrepreneur Zhao Wuqiang could be seen live-streaming his walnut oil products to national audiences. A former software engineer in eastern China, Zhao made a pivotal career shift 14 years ago. His foresight of China’s internet boom and his hometown’s untapped potential combined to create a 380-million-yuan (about 52.9 million U.S. dollars) business integrating more than 200 farming cooperatives, establishing direct farm-to-table supply chains while modernizing walnut cultivation for some 12,000 farmer households.

    “Upgraded rural internet infrastructure and logistics networks have been game-changers for our e-commerce growth,” Zhao said. The ex-programmer’s company has garnered 130,000 followers on social media platforms.

    Official statistics showed that as of the end of 2024, over 90 percent of China’s administrative villages had achieved 5G network coverage, with gigabit broadband networks now available in all county-level regions. Notably, rural logistics infrastructure has also seen significant enhancement, with 346,000 integrated mail and delivery service stations now operational at village level — providing express delivery access to more than 95 percent of the country’s administrative villages.

    As China accelerates its agricultural modernization, a growing wave of urban youth are returning to their rural roots. In Anji County of east China’s Zhejiang Province, an eco-tourism hotspot which drew over 34 million visitors last year, Ding Chuxiao, 27, blends design flair with tea culture and farm experiences.

    Ding’s creative teahouse showcases her artistic vision through bamboo products, white tea caddies and canvas bags with ink-wash painted tea hills, capitalizing on Anji’s booming rural tourism. The slower pace there fuels her creativity, and Ding’s business now generates revenue of more than 100,000 yuan annually.

    China’s urban-rural development model preserves rural landscapes while injecting modern elements, addressing agricultural gaps to achieve shared prosperity. “Young people bring fresh perspectives and market savvy to identify new opportunities in rural revitalization,” said Xue Zelin, a senior fellow and secretary of the Communist Youth League Committee of Shanghai Academy of Social Sciences.

    To date, more than 12 million people have returned to or settled in rural areas to start businesses across China, according to Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, who noted that human capital is fundamental to rural revitalization, emphasizing the need to leverage the countryside’s abundant opportunities to attract talent while utilizing its pleasant and scenic living conditions to retain them.

    “Even deep in the mountains, if you settle in with commitment and perseverance, you’ll grow upward and see the promise of rural revitalization,” Zhao said. 

    MIL OSI China News

  • MIL-OSI Banking: New Development Bank, Bank of China and Haitong Unitrust Financial Leasing sign RMB 1.2 billion Syndicated Loan Agreement to Support Environmental Projects in China

    Source: New Development Bank

    The New Development Bank (NDB), Bank of China and Haitong Unitrust International Financial Leasing (HUIFL) have signed a syndicated loan agreement totalling RMB 1.2 billion to finance green leasing sub-projects that support China’s environmental goals and climate commitments.

    The signed loan agreement supports China’s transition toward a new growth model centred on low-carbon development, climate resilience, and environmental protection. Despite progress in recent years, environmental protection and climate change mitigation continue to be considered national priorities, and this Project aligns directly with that policy direction.

    Under the loan agreement, NDB will provide RMB 713.32 million, Bank of China will contribute RMB 500 million, and HUIFL will use the funds to acquire and lease equipment to lessees implementing sub-projects related to wastewater treatment, solid waste management, and metallurgical waste gas utilization for power generation. To promote balanced development, eligible sub-projects will be located outside China’s four Tier I cities, channelling investment into less-developed regions.

    This is the first time NDB mobilizes private capital in a syndicated operation, marking a significant evolution in the Bank’s development financing approach. Since the adoption of the Addis Ababa Action Agenda in 2015, multilateral development banks have increasingly prioritized the mobilisation of private capital to help bridge the significant financing gap required to achieve the 2030 Agenda. In line with this collective commitment, NDB is scaling up private capital mobilization, and this transaction represents a concrete step in implementing that strategy, positioning NDB as a project orchestrator within its member countries.

    Aligned with NDB’s General Strategy for 2022–2026, this operation reinforces New Development Bank’s commitment to financing sustainable development projects using local currency instruments, while strengthening domestic financial markets and fostering private sector participation.

    “NDB is proud to partner with Bank of China and Haitong Unitrust Financial Leasing to finance green sub-projects that promote sustainable development and support China’s environmental goals and climate commitments. This initiative addresses the need for climate resilience and environmental protection and contributes to increasing investment in less-developed regions in China,” said Mr. Vladimir Kazbekov, NDB Vice-President and Chief Operating Officer. “In helping to address the infrastructure financing gap, New Development Bank is playing a catalytic role in mobilizing resources from diversified funding sources, particularly from the private sector, in line with its General Strategy.”

    “The successful launch of this environmental protection syndicated loan represents not only a concrete initiative by Bank of China Shanghai Branch, NDB, and HUIFL to actively implement national strategies, but also an innovative collaboration among the three parties. Taking this opportunity, Bank of China Shanghai Branch will further leverage its global advantages and comprehensive strengths to provide more professional services to NDB and HUIFL, jointly injecting green and sustainable momentum into high-quality economic and social development,” said Mr. Xiao Wang, General Manager of Bank of China, Shanghai Branch.

    “Taking this cooperation as a starting point, Guotai Haitong Securities and HUIFL will leverage the group’s global resources and partner with NDB and Bank of China to proactively serve the national strategies, actively increase support to areas of environmental protection and energy efficiency and jointly address issues in green development,” said Mr. Yuxing Mao, Vice-President of Guotai Haitong Securities Company.

    Background Information

    New Development Bank

    NDB was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development.

    For more information on NDB, please visit www.ndb.int

    Haitong Unitrust International Financial Leasing

    Established in 2004 and headquartered in Shanghai, HUIFL is a leading financial leasing company in China, with operations across sectors including advanced manufacturing, energy and environmental protection, construction, urban utilities and transportation & logistics. HUIFL is listed on the Hong Kong Stock Exchange and has a strong track record in green leasing. In March 2025, the indirect controlling shareholder of HUIFL was changed to Guotai Haitong Securities Company, and the actual controller was Shanghai International Group.

    For more information on HUIFL, please visit www.utfinancing.com

    Bank of China

    Bank of China was established in 1912 and is the oldest continuously operating state-owned commercial bank in China. In 2011, it became the first global systemically important bank from an emerging economy, with its international standing, competitiveness, and comprehensive strength ranking among the top tier of global banks. It operates branches across the Chinese mainland as well as in 64 countries and regions overseas.

    For more information on Bank of China, please visit https://www.boc.cn/

    MIL OSI Global Banks

  • MIL-OSI Asia-Pac: Edison Awards_ Silver Artificial Intelligence Navigation Assistance System

    Source: Republic of China Taiwan

    Maritime navigation often faces challenges such as heavy fog and poor visibility at night. In such conditions, traditional radar and Automatic Identification Systems (AIS) often struggle to provide real-time and intuitive navigational information. The “Artificial Intelligence Navigation Assistance System” addresses this pain point by integrating AI-based image recognition with thermal imaging and visible light camera technologies. Even in nighttime or adverse weather, the system can accurately identify surrounding vessels, significantly enhancing visual perception capabilities.

    By fusing data from maritime radar and AIS, the system offers a real-time, intuitive visual navigation interface that enables quick awareness of surrounding vessel movements. Additionally, through AI-powered predictive analysis, it can recognize up to 17 vessel types under all weather conditions and effectively detect vessel activity within a 2-nautical-mile range, actively alerting users to potential navigation risks and helping to prevent collisions.

    The system has already been integrated with cameras from Merit Lilin Ent. Co. and Creative Sensor Inc., and deployed on vessels from Pier 22 Co. Yachts and Porrima. Future plans include expanding into unmanned vessel applications, further advancing AI capabilities in maritime operations.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Orbital operation of Tianwen-2 probe is proceeding as normal – CNSA

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 6 (Xinhua) — China’s Tianwen-2 space probe has been operating in orbit for eight days without interruption as of the morning of June 6, reaching a distance of more than 3 million kilometers from Earth, the China National Space Administration (CNSA) said Friday.

    Along with this, CNSA also released photos and video footage of the probe’s round solar panels being deployed.

    Tianwen-2 is designed to carry out a mission to extract and return asteroid samples to Earth. It was launched on May 29 of this year.

    MIL OSI Russia News

  • MIL-OSI Russia: China Resolutely Protects Legitimate Rights and Interests of Chinese Students and Scholars Abroad – MFA

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, June 6 (Xinhua) — China will resolutely protect the legitimate rights and interests of Chinese students and scholars overseas, Foreign Ministry spokesman Lin Jian said Thursday.

    He made this statement at a regular departmental press conference, responding to a journalist’s request to comment on the recent US announcement of its intention to introduce visa restrictions for foreign students at Harvard University.

    According to him, educational cooperation between China and the United States is mutually beneficial and China has consistently opposed the politicization of cooperation in this area.

    The above-mentioned action by the United States can only damage the state image and international reputation of this country itself, the diplomat noted. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: NPC Standing Committee Vice Chairwoman Te Ning Visits Brazil, Attends BRICS Parliamentary Forum

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BRASILIA, June 6 (Xinhua) — Vice Chairwoman of the Standing Committee of the National People’s Congress (NPC) Tie Ning led a delegation to Brazil to attend the 11th BRICS Parliamentary Forum, which was held in the capital of the Latin American country from June 3 to 5.

    During the visit, Te Ning met with the President of the Senate (upper house of parliament) of Brazil, Davi Alcolumbre, and the Speaker of the Chamber of Deputies (lower house of parliament), Hugo Motta.

    During the talks with them, the vice-chairwoman of the NPC Standing Committee said that under the strategic leadership of the two heads of state, relations between China and Brazil have reached the level of a China-Brazil community with a shared future for a fairer world and a more sustainable planet.

    The NPC is willing to deepen cooperation with the National Congress (parliament) of Brazil, working tirelessly to enrich the content of the China-Brazil community with a shared future, Tie Ning added.

    The Brazilian side, in turn, confirmed its commitment to the one-China principle and expressed its readiness to strengthen exchanges between the legislative bodies of the two countries and promote the stable development of relations with the PRC.

    In her keynote speech at the forum, Tie Ning noted that the BRICS countries, as the “first tier” of the Global South, have always advocated unity, cooperation and joint development and adhered to the spirit of openness, inclusiveness and mutually beneficial cooperation.

    She also said it is necessary to firmly safeguard the multilateral trading system, continue to deepen economic and trade cooperation among countries in the Global South, and provide assistance for the development of emerging industries to write a new chapter in the history of high-quality development of “greater BRICS cooperation.” –0–

    MIL OSI Russia News