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Category: China

  • MIL-OSI China: Mexico’s president says ties with China ‘very good’

    Source: China State Council Information Office

    Mexican President Claudia Sheinbaum on Thursday highlighted Mexico’s “very good relationship” with China and the broad opportunities to strengthen bilateral cooperation between the two countries.

    “There is a very good relationship with China” in cultural matters, trade and other areas, she said during her daily press conference in response to a question from Xinhua.

    Sheinbaum added that one of the tasks facing the Mexican government is to meet with its Chinese counterparts to jointly assess and enhance the bilateral relationship.

    She also expressed her gratitude to China for its support after Hurricane Otis, which devastated the Pacific Coast resort of Acapulco in October last year.

    “Mexico is very grateful to the Chinese government for the goods arriving in Mexico after Otis in Acapulco,” said Sheinbaum, referring to China-made household appliances and utensils.

    She also stressed that Mexico and China, as important economies and markets, collaborate in various multilateral forums such as the Group of Twenty (G20) and the Asia-Pacific Economic Cooperation Forum.

    Mexico’s position at multilateral forums remains aligned with its foreign policy, focusing on “the search for peace because of what the world is experiencing,” said the president.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Bus parade and exhibition amid 75th National Day celebrations review important role of bus services in public transport system

    Source: Hong Kong Government special administrative region

    Bus parade and exhibition amid 75th National Day celebrations review important role of bus services in public transport system
    Bus parade and exhibition amid 75th National Day celebrations review important role of bus services in public transport system
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         Organised by the Transport Department (TD), the Bus Parade cum Exhibition for Celebrating the 75th Anniversary of the Founding of the People’s Republic of China, featuring buses from the past and present, was launched today (October 19) in Victoria Park in Causeway Bay. It is one of the highlight events held by the Hong Kong Special Administrative Region Government amid National Day celebrations this year.     Speaking at the kick-off ceremony this morning, the Secretary for Transport and Logistics, Mr Lam Sai-hung, said, “Bus services have long been an indispensable and important part of Hong Kong’s economy and people’s livelihoods. Buses have not only met the travel needs of Hong Kong people every day, but have also witnessed the city’s developments.” The event marked the evolution of franchised buses in Hong Kong from the past to the present, engaging with the public to experience the crucial role of bus services in the public transport system, he added.     Mr Lam said, “The rapid development of new energy technologies of our country in recent years has enriched Hong Kong’s choices of new energy public transport. Numerous electric double-decker buses and hydrogen fuel cell buses introduced into Hong Kong in the past few years were China-made models. Our country has been forging ahead steadfastly in the last 75 years and continuous innovations in such areas as energy and transport technology not only reflect our country’s leading role in this field, but also bring the convenience of technology into the lives of the general public.”     Also officiating at the ceremony were Legislative Council (LegCo) Member (Transport) Mr Frankie Yick; the Chairman of the LegCo Panel on Transport, Dr Chan Han-pan; the Permanent Secretary for Transport and Logistics, Ms Mable Chan; the Under Secretary for Transport and Logistics, Mr Liu Chun-san; the Director of Broadcasting, Mr Eddie Cheung; the Commissioner for Transport, Ms Angela Lee; the Chairman of the Transport Advisory Committee (TAC), Professor Stephen Cheung, and the management of franchised bus operators co-organising the event. Some 750 participants from the Transport and Logistics Bureau, the TD, LegCo Members, the TAC, major public transport operators, Members of District Councils and district personalities attended the ceremony.     The officiating guests then boarded an open-top bus themed on the 75th National Day to lead a parade of eight retired and in-service buses from Victoria Park to Man Kwong Street, via Gordon Road, King’s Road, Causeway Road, Hennessy Road, Fleming Road and Lung Wo Road, which was about 6 kilometres long. Members of the public enjoyed the parade along the route across districts and took photos to share the joy. The convoy engaged with the public and tourists at locations such as Hennessy Road near Jardine’s Bazaar in Causeway Bay, Golden Bauhinia Square in Wan Chai and the destination at Central Pier.     In addition, the four-day bus exhibition at the soccer pitches of Victoria Park is open to registered members of the public free of charge from this afternoon. The exhibition features a total of 10 retired and in-service buses, including the first-generation double-decker bus introduced 75 years ago and the newly introduced China-made new energy double-decker buses. Bus model exhibits, photo-taking spots simulating a bus driver and passengers, a neon light installation as well as bus service-related memorabilia including bus captain uniforms of different generations and vintage bus tickets are also on display.     The TD reminded members of the public registered to queue up and enter the exhibition via its entrance at Soccer Pitch No. 4 of Victoria Park (near the jogging track) with a QR code at the selected time slot. Each visitor can obtain one commemorative ticket on-site. Following an overwhelming response to the exhibition, all quotas including those for additional sessions are full. The TD thanked the public for their support.     The event is fully supported by Radio Television Hong Kong (RTHK). The public may refer to the RTHK and the RTHK Radio 5 Facebook page for the live ceremony webcast.

     
    Ends/Saturday, October 19, 2024Issued at HKT 12:26

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    MIL OSI Asia Pacific News –

  • MIL-OSI China: China to promote high-level financial opening up

    Source: China State Council Information Office

    Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with members of the International Advisory Council of the National Financial Regulatory Administration at the Diaoyutai State Guesthouse in Beijing, capital of China, Oct. 18, 2024. [Photo/Xinhua]

    China will steadily expand the institutional opening up in the financial sector, and support more foreign financial institutions and long-term capital to invest in China, Vice Premier He Lifeng said here on Friday.

    He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with members of the International Advisory Council of the National Financial Regulatory Administration.

    He said that China will further deepen the reform of the financial system, steadily expand the institutional opening up in the financial sector, facilitate cross-border investment and financing, and support more foreign financial institutions and long-term capital to invest and start businesses in China, in order to provide high-quality financial services for China’s modernization.

    The advisory council members expressed their anticipation for the financial reform and opening up, and the development prospect of China’s economy and financial market. 

    MIL OSI China News –

  • MIL-OSI China: China’s consumer goods trade-ins unleash market potential

    Source: China State Council Information Office

    China’s consumer goods trade-ins have unleashed new market demands, with over 1.4 million applications for automobile scrapping and renewal subsidies recorded so far, Vice Minister of Commerce Sheng Qiuping said on Friday.

    As of Wednesday, more than 10.8 million consumers across the country had purchased some 15.6 million pieces of household appliance included in China’s consumer goods renewal program, Sheng told the 2024 Haihe International Consumption Forum that opened on the same day in Tianjin, north China.

    Household appliance trade-ins have driven a total sales of 73.36 billion yuan (about 10.3 billion U.S. dollars), according to the vice minister.

    During the first half of this year, consumption alone contributed 60.5 percent to China’s economic growth, driving its GDP growth by 3 percentage points, said Sheng.

    He said the ministry will join hands with other departments to further boost consumption and consolidate the stable and positive momentum of the market.

    In March this year, China unveiled an action plan to implement the equipment and consumer goods renewal program to expand domestic demand and shore up the economy. In July, it further stepped up policy support for the program with an extra fund injection of 300 billion yuan via ultra-long special treasury bonds.

    MIL OSI China News –

  • MIL-OSI China: Hamas confirms death of its leader Yahya Sinwar

    Source: China State Council Information Office

    This file photo taken on May 1, 2017, shows Yahya Sinwar (front) in Gaza City. [Photo/Xinhua]

    Hamas confirmed on Friday the death of its leader Yahya Sinwar, without giving details about how Sinwar died or who would be his successor.

    In a statement, Hamas said the hostages in the Gaza Strip “will not return unless the aggression on Gaza stops, the withdrawal (of Israeli forces) from it, and our heroic prisoners are released from the occupation prisons.”

    Meanwhile, Al-Qassam Brigades, the armed wing of Hamas, said in a statement that the resistance “will continue and escalate until the legitimate goals of our people are achieved.”

    Also on Friday, Khalil Al-Hayya, deputy chief of Hamas in Gaza, mourned Sinwar’s death in a televised speech.

    Calling his death inspiration for a new generation who will confront the Israeli “occupation” and liberate the Palestinian territories, Al-Hayya said his movement is holding its requirements to release the Israeli hostages in Gaza.

    “For those who are crying over the fate of the Israeli hostages, we will never release them without ending the war, reaching a prisoner swap and ending the Israeli blockade in Gaza,” he said.

    On Thursday evening, the Israel Defense Forces and the Israel Security Agency confirmed in a joint statement that Sinwar was killed in an Israeli attack on southern Gaza on Wednesday.

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

    The Palestinian death toll from ongoing Israeli attacks in Gaza has risen to 42,500, Gaza-based health authorities said in a statement on Friday.

    MIL OSI China News –

  • MIL-OSI China: Financial opening-up under spotlight at key forum

    Source: China State Council Information Office

    The Annual Conference of Financial Street Forum 2024 is held in Beijing, capital of China, Oct. 18, 2024. The Annual Conference of Financial Street Forum 2024 opened here on Friday. [Photo/Xinhua]

    Heavyweight guests from home and abroad discussed financial opening-up and cooperation as well as economic development on Friday as they gathered in Beijing for the Annual Conference of Financial Street Forum 2024.

    Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said as an important destination for global financial investment, the Chinese capital will move faster to develop a vibrant modern financial system and enhance its capacity to serve national financial management functions.

    Toward that end, efforts will focus on improving financial service facilities, building a financial market system that fosters innovation, strengthening international financial exchanges, and maintaining a safe and sound financial environment, Yin said.

    Pan Gongsheng, governor of the People’s Bank of China, said the central bank will focus on serving high-quality development while strengthening counter-cyclical adjustments through monetary and macroprudential policies.

    The central bank will work to make financial support policies more targeted and effective, create a favorable monetary and financial environment for stable economic growth and structural adjustments, and steadily push forward financial opening up, said Pan.

    Li Yunze, head of the National Financial Regulatory Administration, said the administration will guide financial institutions to increase financial supply, improve resource allocation, and accelerate the flow of funds, therefore fully supporting the country’s economic recovery.

    Regarding the capital market, Wu Qing, chairman of the China Securities Regulatory Commission, said the regulator will deepen capital market reform, and improve institutions and mechanisms that promote the high-quality development of listed companies and strengthen the market’s intrinsic stability.

    Fu Hua, president of Xinhua News Agency, said media should move to create a favorable “soft” environment with boosted market confidence. Boosting trust and confidence is particularly of great significance when the Chinese economy is at a critical stage of overcoming challenges, he told the forum.

    Fu said Xinhua will make every effort to amplify the “main theme” of economic development, and contribute new and greater strength to advancing Chinese modernization through high-quality financial development.

    Zhu Hexin, head of the State Administration of Foreign Exchange, said the administration will make solid efforts to deepen reform and promote high-standard opening up in the field of foreign exchange.

    Work will be done to improve the opening up of capital accounts, enhance the evaluation of policies and communication with the market, and boost regulation and risk control capabilities, according to Zhu.

    Agustin Carstens, general manager of the Bank for International Settlements, said via video link that as a key engine for global growth, the strengthening of China’s domestic demand will benefit the world, inject fresh momentum into the global economy and safeguard global monetary and financial stability.

    Themed “Trust and Confidence — Work Together to Promote Financial Openness, Cooperate for Shared Economic Stability and Growth,” this year’s conference is jointly hosted by the People’s Government of Beijing Municipality, the People’s Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency, and the State Administration of Foreign Exchange.

    MIL OSI China News –

  • MIL-OSI China: Tougher regulation to address payment arrears to enterprises

    Source: China State Council Information Office 3

    China will strengthen regulation of government-funded projects to address payment arrears to enterprises, according to a new official guideline.

    Relevant authorities should regularly verify the availability of government funds, intensify oversight of government procurement payments, and urge state-owned enterprises to standardize and optimize their payment management systems, said the guideline issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council.

    Efforts should be made to establish a national platform for small and medium-sized enterprises to report related complaints, and optimize the punishment mechanism for acts of bad faith, said the guideline.

    Addressing payment arrears to enterprises is vital to protecting businesses’ rights and interests and boosting their confidence, according to the guideline. It urged all local governments to implement tailored measures based on their conditions and fulfill their responsibilities.

    MIL OSI China News –

  • MIL-OSI China: Chinese drone maker sues US government

    Source: China State Council Information Office

    Chinese drone maker DJI filed a lawsuit to challenge the U.S. Department of Defense (DoD) on Saturday, seeking to be removed from the blacklist of alleged Chinese military companies.

    In an announcement released to Xinhua, the company said the designation is erroneous and decided to seek relief in U.S. federal court after more than 16 months of efforts to engage with DoD.

    The company added that it has been dedicated to promoting the application of civilian drone products and opposes the use of its products for military purposes.

    “DoD itself acknowledges that DJI makes consumer and commercial drones, not military drones,” said the company.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Speech by DCS at Racial Diversity and Inclusion Recruitment Fair (English only)(with photos)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Deputy Chief Secretary for Administration, Mr Cheuk Wing-hing, at the Racial Diversity and Inclusion Recruitment Fair organised by the Equal Opportunities Commission and the Federation of Hong Kong Ethnic Communities in celebration of the 75th Anniversary of the Founding of the People’s Republic of China and the 15th Anniversary of the Implementation of the Race Discrimination Ordinace at the Khalsa Diwan Hong Kong (Sikh Temple) in Wan Chai today (October 20):
     
    Ms Linda Lam (Chairperson, Equal Opportunities Commission (EOC)), Mr Akil Khan (President, Federation of Hong Kong Ethnic Communities), Mr Bhagt Singh (President, Sikh Temple), Dr Rizwan Ullah (EOC member), distinguished guests, ladies and gentlemen,
     
         Good afternoon. I am pleased to be joining you today for the opening of the Racial Diversity and Inclusion Recruitment Fair co-organised by the EOC and the Federation of Hong Kong Ethnic Communities (Federation).
     
         Hong Kong is a cosmopolitan city with rich tapestry of people connections, vibrant economic activities and a flourishing multi-cultural scene, thanks in no small part to the some 300 000 ethnic minority residents who settled here for generations. It is evident from the latest Census figures (of 2021) that this treasured community continues to play an integral part in strengthening Hong Kong’s workforce and driving our productivity: their labour force participation rate is at 65.5 per cent, which is higher than the 57.7 per cent of the whole population. 

         Today’s recruitment fair is among the EOC’s celebration events for the 15th anniversary of the implementation of the Race Discrimination Ordinance, a crucial piece of legislation driving Hong Kong’s promotion of racial equality. Following the Racial Diversity and Inclusion Sports Day in April this year, I am excited to be here today to witness another milestone. This fair is also held in celebration of the 75th anniversary of the founding of the People’s Republic of China. I trust that you have been enjoying the wide arrays of celebrating events and special offers over the past few weeks. With the new card-type Mainland travel permits for non-Chinese Hong Kong permanent residents, it has never been easier for many of you to visit the Mainland for business or pleasure, to see for yourself the spectacular transformation in the Mainland today.

         Since its inauguration in 2018, the Federation of Hong Kong Ethnic Communities has been uniting and leveraging the support from various ethnic minority communities for greater and wider contributions to the betterment of Hong Kong. We thank the Federation’s support all along in realising our common vision for a harmonious and inclusive society. 

         The current-term Government places importance on enhancing support and services for ethnic minorities. As just announced in the Chief Executive’s 2024 Policy Address, the Government will engage one more “Support Service Centre for Ethnic Minorities” to provide interpretation and translation services for ethnic minorities next year, so as to reduce language barrier concerns. In terms of education, more resources will also be invested in boosting support for learning Chinese and parental assistance for our non-Chinese speaking students. 

         Of course, the Government’s support for ethnic minorities does not stop there. As the largest employer in Hong Kong, over 50 civil service grades in the Government have adjusted their Chinese-language proficiency requirements to increase government job opportunities for ethnic minorities. Departments, including the disciplinary forces, are also encouraged to design their own job-oriented language tests suitable for individual grades to provide ethnic minority applicants with an additional avenue for meeting the thresholds. Since 2019, we have been organising an internship programme for non-ethnic Chinese university students and 180 students have since taken part. 

         In addition, the Racial Diversity Employment Programme launched by the Labour Department has been regularised in 2023 to step up employment support for ethnic minorities. To date, the Programme has provided employment support services to over 400 ethnic minority job-seekers. 

         Today’s recruitment fair features prominent private enterprises in addition to a number of government departments, offering over 500 employment opportunities, including a wide range of skilled and professional positions, as well as on-the-spot career and employment counselling services. These job opportunities span across eleven signatories of the EOC’s Racial Diversity and Inclusion Charter for Employers from different industries, including aviation, hospitality, education, transportation, and five government departments including our disciplinary forces.

         In closing, my great thanks go to the EOC and the Federation for organising this meaningful recruitment fair, the Sikh Temple for the support rendered, and the representatives from different sectors who are here with us today, for your wholehearted efforts in creating opportunities for our ethnic minority community. I wish this recruitment fair great success and all of you an enjoyable weekend. Thank you very much.      

    MIL OSI Asia Pacific News –

  • MIL-OSI China: ​TV executive Jack Gao highlights AI’s transformative power

    Source: China State Council Information Office 3

    During the recent 6th World Media Summit in Urumqi, northwest China’s Xinjiang Uygur autonomous region, top TV executive Jack Gao addressed a forum about how artificial intelligence (AI) is reshaping the world with boundless potential and evolving at an unprecedented pace.

    Jack Gao speaks at a forum during the 6th World Media Summit in Urumqi, northwest China’s Xinjiang Uygur autonomous region, Oct. 14, 2024. [Photo courtesy of Whale TV]

    “AI possesses the ability to speak, write, see, create and learn — mimicking the very cognitive capabilities that define us as human,” said Gao, chairman of Whale TV. “I view AI as a new digital species, one that is both our companion and our partner.”

    Having spent his career at the intersection of technology and entertainment — from Microsoft China and News Corp. to Fox, Legendary Pictures, AMC Theatres, and now Whale TV — the executive has been uniquely placed to witness firsthand the transformative power of technology in the media industry. He even believes AI’s impact on human civilization may very well surpass that of fire, agriculture or electricity.

    Despite its growing prominence, there is still widespread misunderstanding about AI, he pointed out, and many people are either unaware of its potential or hold misconceptions about its capabilities. “AI is not overhyped; if anything, it demands more attention and awareness,” he said. “Today, AI is no longer a buzzword, but a profound force revolutionizing media production and audience engagement.”

    The executive has observed several key trends shaping the media landscape: personalization at scale, whereby AI enables highly individualized experiences; interactivity and immersion, with AI, AR and VR transforming passive consumption into active participation; media-commerce integration, allowing audiences to seamlessly purchase products directly from media content; and cross-screen synergy, with AI enabling seamless media consumption across multiple devices.

    “These trends offer exciting opportunities — new revenue streams, cost efficiencies and more. However, they also present significant challenges. With great AI power comes the responsibility to navigate issues of privacy, ethics and the preservation of storytelling as an art form,” he noted.

    As a former board director of AMC Theatres, Gao noted the significant challenges theatres face in an age of home entertainment. However, he believes AI is revitalizing the cinema experience by offering immersive and interactive content that can be tailored in real-time. Meanwhile, personal computers and tablets have evolved into true creative powerhouses. With the help of AI, virtually anyone can produce professional-quality content, democratizing media creation in unprecedented ways. Whether it is an independent filmmaker or a young child with a great idea, the tools to create are now within reach, he said.

    In terms of smartphones, the most personal and ubiquitous screen, Gao explained that AI is personalizing content consumption at an individual level, from bite-sized videos to augmented reality experiences. The executive believes phones have essentially become personal media assistants, curating experiences to people’s preferences. However, this heightened personalization presents challenges in managing attention spans and addressing the ethical implications of AI’s influence on user behavior.

    Television has transformed from the bulky analog devices of the past to today’s sleek, connected digital platforms, while streaming now dominates TV consumption, replacing traditional cable and satellite. AI has made connected TV predictive, anticipating viewers’ preferences before they themselves know, Gao said. Television now serves as the central hub of smart homes, linking security systems, appliances and more, which offers media companies dynamic and profitable engagement opportunities, he added.

    The promising prospects prompted Gao to join Whale TV, which powers over 100 million connected devices globally, and he eventually became the company’s chairman. “I can confidently say that connected TV operating systems will be a critical component of the media landscape in the years to come,” he said. “These systems will integrate AI and other emerging technologies, creating a future where media is not just consumed, but experienced in ways we can scarcely imagine today.”

    MIL OSI China News –

  • MIL-OSI China: China willing to carry out more intellectual property cooperation with other countries: vice premier

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

    China willing to carry out more intellectual property cooperation with other countries: vice premier

    HANGZHOU, Oct. 20 — China is willing to carry out more pragmatic and mutually beneficial cooperation with other countries in the field of intellectual property to benefit more countries and peoples, said Chinese Vice Premier Zhang Guoqing.

    He made the statements while delivering a speech during the opening ceremony of the 2024 International Association for the Protection of Intellectual Property World Congress on Saturday, after reading out President Xi Jinping’s congratulatory letter to the congress.

    Zhang, also a member of the Political Bureau of the Communist Party of China Central Committee, said President Xi’s letter fully reflects the great importance China attaches to intellectual property work. China will speed up the improvement of its legal system, management system, policy system and rule system for intellectual property to further stimulate the vitality of innovation of the public and better serve high-quality development and promote Chinese modernization.

    He noted that China is ready to carry out more practical and mutually beneficial cooperation with other countries in the field of intellectual property, work together to firmly uphold the multilateral intellectual property system with the World Intellectual Property Organization at its core, and promote the improvement of international rules and standards for intellectual property.

    He added that the country is willing to work together with other countries to build a global intellectual property governance structure featuring extensive consultation, joint contributions and shared benefits, so that the fruits of scientific and technological innovation will benefit more countries and peoples and better improve the well-being of mankind.

    MIL OSI China News –

  • MIL-OSI China: Flower business thrives in China’s Dounan

    Source: China State Council Information Office

    The air is charged with anticipation as an auction commences at the Kunming International Flora Auction Trading Center in Kunming, southwest China’s Yunnan Province.

    Giant screens flicker with the pulse of the market, displaying the ever-changing prices of fresh-cut flowers. Auctioneers make swift decisions, and soon the auctioned flowers will embark on journeys far and wide, not just within the country but to over 50 overseas markets.

    Official data shows that daily transaction volume at the auction trading center, located in Dounan of Kunming, is as high as 6 million stems.

    In the afternoon, Yang Tao delivers 2,000 bundles of blooms to the flower market. A second-generation flower grower, Yang bears witness to the transition of Dounan.

    Residents in Dounan began planting flowers in 1983. In the 1990s, they embarked on the path of commercial cultivation and trading of fresh-cut flowers. At that time, farmers and traders sold flowers on the main road of Dounan Village, forming a 50-meter-long “Dounan flower street.”

    Over the following decades, flowers grown in Dounan were sold to more regions across the country. In 1999, China’s first professional flower-trading market was established in Dounan.

    Since then, Dounan has further developed and strengthened its flower industry chain, progressively establishing itself as the largest fresh-cut flower trading hub in Asia. Now seven out of 10 fresh-cut flowers in China come from Dounan.

    Every day, over 1,700 varieties of fresh flowers are traded in Dounan, which has established itself as the national center for trade, logistics, financial services and big data information of flowers, as well as a convention and exhibition hub for flower tourism.

    Dounan’s blooming flower industry has also consolidated China’s role as a major player in the global flower market.

    With about 1.5 million hectares dedicated to flower cultivation and more than 5 million people involved in the industry, China has become the world’s largest flower producer, and an important flower trader and consumer.

    A guideline jointly issued by China’s National Forestry and Grassland Administration and the Ministry of Agriculture and Rural Affairs proposed that by 2025, the annual sales of the country’s flower industry will reach 300 billion yuan (about 42 billion U.S. dollars), and more than 700 billion yuan in 2035.

    Such promising market prospects have encouraged flower growers to keep improving their know-how and updating cultivation techniques.

    “The introduction of advanced technologies and an integrated smart irrigation system for water and fertilizer has revolutionized our cultivation techniques,” Yang said.

    “This has led to a substantial increase in both the yield and quality of our roses. Now, a team of just four workers can efficiently manage 1.3 hectares of flower fields,” he said, adding that during peak holiday periods, the high market demand means he can sell 140,000 roses in a single day.

    The flower industry has ignited a wave of prosperity that extends far beyond itself.

    “We have a thriving market centered on the flower industry. We have established cooperation with 49 logistics enterprises, nearly 12,000 brands, over 10,000 flower brokers, 350,000 flower wholesale markets and florist shops across the country,” said Qian Chongjun, the executive president of Yunnan Dounan Flower Industry Group.

    As the flower industry flourishes, a ripple effect is transforming the surrounding areas of Dounan. The blossoming logistics, financial services and tourism sectors are all contributing to a vibrant economic boom in the region.

    To Yang, the industry brings a palpable sense of happiness and fulfillment, bringing him a comfortable income while providing a service to thousands of customers seeking flowers to adorn their homes or as a romantic gift.

    “My life has taken a significant step forward thanks to the flowers,” he said, adding that he has recently invested in a new refrigerated truck and hired a driver as the volume of business continues to grow.

    MIL OSI China News –

  • MIL-OSI China: Xi congratulates Prabowo Subianto on assuming presidency of Indonesia

    Source: China State Council Information Office

    Chinese President Xi Jinping on Sunday sent a congratulatory message to Prabowo Subianto on assuming the presidency of Indonesia.

    Noting that China and Indonesia are traditionally friendly neighbors, Xi said that the comprehensive strategic partnership between the two countries has been growing steadily, entering a new era of building a community with a shared future.

    Next year marks the 75th anniversary of the establishment of diplomatic ties between China and Indonesia, which will provide a new opportunity for advancing bilateral cooperation, Xi said.

    Xi also expressed willingness to maintain close strategic communication with Prabowo to guide the building of a China-Indonesia community with a shared future to a higher level, and write a new chapter of seeking strength through unity, promoting solidarity and coordination, and achieving mutual benefit between two major developing countries. 

    MIL OSI China News –

  • MIL-OSI China: Prabowo Subianto sworn in as Indonesian president

    Source: China State Council Information Office

    Indonesia’s former army general, Prabowo Subianto, was sworn in as the country’s eighth president on Sunday morning at the parliament building, succeeding Joko Widodo, who led the world’s fourth most populous nation for the past decade.

    Prabowo, who had been serving as defense minister, and his running mate, Gibran Rakabuming Raka, Widodo’s eldest son and former mayor of Surakarta, won the 2024 presidential election held on Feb. 14.

    In his inauguration speech, Prabowo pledged to serve all Indonesians. “We will prioritize the interests of the nation and state above all else,” he stated in his address to the nation.

    Following the ceremony, 73-year-old Prabowo and 37-year-old Gibran, Indonesia’s youngest-ever vice president, will be greeted by cheering crowds as they make their way to the state palace. 

    MIL OSI China News –

  • MIL-OSI China: 3 killed in trail ride shooting in U.S. state of Mississippi

    Source: China State Council Information Office

    Three people were killed and eight others injured on Saturday during a trail ride shooting in Holmes County, the southern U.S. state of Mississippi, authorities said.

    The incident occurred when at least two people opened fire into a crowd of 200 to 300 people celebrating Holmes County Consolidated School’s homecoming football win at an outdoor event several hours after the game ended.

    Holmes County Sheriff Willie March said the shooting followed an argument among several young men.

    The sheriff said police officers are searching for the suspects in connection to the shooting and an investigation is underway. 

    MIL OSI China News –

  • MIL-OSI China: Auto industry accelerates toward intelligent transformation

    Source: China State Council Information Office

    Having surged to the forefront of the global new energy vehicle (NEV) market with their outstanding performance, Chinese automakers are exploring strategies to gain an advantage over their competitors in the more challenging latter phase of the market race, which is increasingly driven by intelligent development and artificial intelligence.

    One of the latest efforts in this push is the 2024 World Intelligent Connected Vehicles Conference (WICV), held from Oct. 17 to 19 in Beijing.

    The WICV attracted over 250 auto firms and institutions from home and abroad, with more than 200 new technologies and products making their debut.

    “Intelligent connected vehicles (ICVs) have become a focus of industry innovation, and Chinese automobiles are accelerating into a new stage with intelligence as their core competitiveness,” said Li Shufu, chairman of Geely Holding Group, at the event.

    Seizing the opportunities presented by intelligent technology and promoting China’s transformation into an automotive powerhouse is a challenge the entire Chinese auto industry must address, he added.

    Like many of China’s leading car companies, Geely has made significant strides in intelligent innovation, driving advancements in areas such as automobile safety, human-machine interaction, intelligent driving, onboard chips and low-orbit satellites. The company is also committed to creating an integrated space-ground smart network.

    According to Zhu Huarong, chairman of Chongqing Changan Automobile Co., Ltd, China’s ICVs saw rapid growth this year, with sales projected to reach 17 million and a penetration rate surpassing 63 percent.

    Stefan Mecha, CEO of the Volkswagen China Passenger Cars Brand, said that China actively fosters innovation opportunities through consistent government plans for ICV and NEV development, a tech-savvy consumer base, and an openness to technology within an advanced tech ecosystem.

    A comprehensive industrial system for China’s ICV sector has basically taken shape, covering products and technologies such as basic chips, sensors, computing platforms and chassis control, Minister of Industry and Information Technology Jin Zhuanglong said Thursday during the opening ceremony of WICV.

    China leads the world in human-machine interaction and is rapidly advancing toward breakthroughs in technologies like steer-by-wire and active suspension technologies, among others, the minister noted.

    According to Jin, the country’s ICV sector currently boasts nearly 400 “little giant” firms, or novel elites of small and medium-sized enterprises that are engaged in manufacturing, specialize in a niche market and hold cutting-edge technologies. Five Chinese lidar companies have ranked among the global top 10 in sales, while nine automotive manufacturers are piloting conditional automated driving models.

    Lei Jun, founder and CEO of tech giant Xiaomi, revealed at the WICV that the company is expected to deliver more than 20,000 units of its first self-developed NEV model SU7 this month, and achieve its annual delivery target of 100,000 vehicles in November.

    The new model was released by the market newcomer in late March, and technological breakthroughs in key fields have been achieved, such as modeling design, batteries, intelligent driving and intelligent cockpits.

    “In the next five years, the structure of the entire automotive industry will be reconstructed on a large scale,” Lei said.

    The CEO noted that the entire industry should engage in benign competition and work together to explore the international market. He also urged Chinese automakers to avoid redundant investments and focus on creating a smart automotive ecosystem.

    Global players like Volkswagen are also speeding up their intelligent transformation in a bid to expand their presence in the Chinese market.

    “We will invest consequently into the localization of our R&D activities to integrate ourselves much more strongly into the rapidly growing ecosystem for electric vehicles in China,” said Ralf Brandstaetter, chairman and CEO of Volkswagen Group China.

    In addition to building its largest development center outside Germany in the city of Hefei in east China, Volkswagen is also strengthening cooperation with local manufacturers like Xpeng and high-tech companies such as Horizon Robotics, Thundersoft and Gotion.

    “This deep integration into the world’s leading development network for ICVs will further expand our local innovative strength, but also provides us with a strategic advantage on the global markets in the mid-term,” Brandstaetter said.

    “China is driving the future of the automotive industry, and we are committed to being part of this journey in the era of ICVs,” he added.

    To support such rapid industrial development in China, more than 50 cities have designated over 32,000 kilometers of test routes for ICVs and upgraded about 10,000 kilometers of roads with smart technologies, according to the Ministry of Industry and Information Technology.

    MIL OSI China News –

  • MIL-OSI China: Kizil Caves in China’s Xinjiang bear witness to cultural exchange in ancient times

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

    Kizil Caves in China’s Xinjiang bear witness to cultural exchange in ancient times

    Exploring the Kizil grottoes in China’s Xinjiang, which are seen as a testament to the exchange and mutual learning between ancient civilizations in different parts of the world.

    MIL OSI China News –

  • MIL-OSI China: View of Tonghai Port Area in Nantong, E China’s Jiangsu

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

    View of Tonghai Port Area in Nantong, E China’s Jiangsu

    Updated: October 20, 2024 11:16 Xinhua
    An aerial drone photo taken on Oct. 19, 2024 shows cargo ships docking at the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. In the first three quarters this year, the Tonghai Port saw about 1.17 million TEU of container throughput in total, up 21.82 percent year on year. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows cargo ships docking at the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]
    An aerial drone photo taken on Oct. 19, 2024 shows a view of the Tonghai Port Area, a container terminal, at Nantong Port in Nantong, east China’s Jiangsu Province. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: 2024 AIPPI World Congress opens in Hangzhou

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

    2024 AIPPI World Congress opens in Hangzhou

    Updated: October 20, 2024 10:21 Xinhua
    Participants visit an exhibition at the venue of the 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress in Hangzhou, east China’s Zhejiang Province, Oct. 19, 2024. Themed “balanced protection and innovative development of IP rights,” the 2024 AIPPI World Congress opened in Hangzhou on Saturday. The event is co-organized by the China Council for the Promotion of International Trade and the AIPPI. [Photo/Xinhua]
    Participants are pictured at the venue of the 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress in Hangzhou, east China’s Zhejiang Province, Oct. 19, 2024. [Photo/Xinhua]
    Participants communicate at the venue of the 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress in Hangzhou, east China’s Zhejiang Province, Oct. 19, 2024. [Photo/Xinhua]
    A performance is staged at the opening ceremony of the 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress in Hangzhou, east China’s Zhejiang Province, Oct. 19, 2024. [Photo/Xinhua]
    Participants communicate at the venue of the 2024 International Association for the Protection of Intellectual Property (AIPPI) World Congress in Hangzhou, east China’s Zhejiang Province, Oct. 19, 2024. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: Xi stresses promoting high-standard opening-up for reform, development

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

    TIANJIN, Oct. 20 — Chinese President Xi Jinping has urged the country’s state-level economic and technological development zones to continuously stimulate innovation vitality and endogenous momentum and promote high-standard opening up for in-depth reform and high-quality development.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks in a recent instruction on the work of such development zones.

    MIL OSI China News –

  • MIL-OSI New Zealand: New Zealand celebrates epic sporting weekend

    Source: New Zealand Government

    New Zealanders have a huge amount to be proud about after five national sporting teams celebrated historic wins over the weekend, Sport & Recreation Minister Chris Bishop says.

    “In New Zealand’s history there haven’t been too many sporting weekends like the one we’ve just seen, with epic wins from Team New Zealand, the White Ferns, the Black Caps, the Silver Ferns and the Paddle Ferns,” Mr Bishop says.

    “I know lots of Kiwis will be bleary-eyed today after a couple of long nights watching our teams go up against the best, but I bet they’re as stoked at the results and as proud of our teams as I am.

    “The excitement started around 1am Sunday morning when Emirates Team New Zealand, who were on match point, took to the water off Barcelona with INEOS Britannia. Kiwi sailing fans with long memories were probably pretty nervous at this point, and they probably chewed through their fingernails as the Brittania clawed their way back to dead even around the midway mark – but Team New Zealand’s Taihoro was dominant in the end, finishing 37 seconds ahead. This three-peat victory by Team New Zealand was the first time any team has won the Cup three times in more than 30 years – a brilliant achievement by the team.

    “The next sporting victory was on Sunday evening from the Black Caps who took out the first test in the series against India. This was just New Zealand’s third win against India in India ever, and our first since 1988. The Hutt Valley’s own Rachin Ravindra (deservedly Man of the Match) made a century in the first innings and helped chase down the target in the second innings, finishing unbeaten. 

    “There was also sporting action in Wellington on Sunday evening with the Silver Ferns taking on the world champion Diamonds in the Constellation Cup. The Ferns were dominant from the start, playing a bold attacking game which showed in the final score of 64-50 – the highest the Silver Ferns have ever scored against the Diamonds in regular time. The Ferns and the Diamonds have been pretty even in recent years so a 14 goal victory is an awesome achievement. While there are still three games to go, this is a brilliant start.

    “That wasn’t all for Sunday evening though: over in China the Paddle Ferns, our women’s national Canoe Polo team, took on Italy in the final of the Canoe Polo World Cup and stormed home with the silverware. The final score of 6:1 shows how strong the Paddle Ferns were – continuing a long and proud history of excellence in the sport. 

    “And then to round out a truly amazing sporting weekend, at 3am Monday morning the White Ferns, led by Sophie Devine, stepped up to face South Africa in the women’s T20 World Cup final in Dubai and absolutely smashed it, bringing home their first World Cup since the One Day International in 2000. Amelia Kerr’s 43 runs off 38 balls, and then taking 3 wickets for 24 set our team up for their magnificent performance. 

    “All in all, I think this was a weekend that will go down in New Zealand’s sporting annals. All five teams should know that their country is enormously proud of them. 

    “And I think Kiwi sports fans can be forgiven if they’re caught yawning at work today, after so much sporting excitement packed into one weekend!”

    MIL OSI New Zealand News –

  • MIL-OSI Global: What does class mean today in Britain? Podcast

    Source: The Conversation – UK – By Laura Hood, Host, Know Your Place podcast, The Conversation

    Gig economy workers take a break in Chinatow, London. Shutterstock/Grant Rooney

    Social class continues to influence British people’s opportunities and the way they think about them, even if the boundaries between those classes have shifted.

    In the third part of Know Your Place: what happened to class in British politics, a podcast series from The Conversation Documentaries, we explore how class is defined and measured, and how the UK’s changing class identity interacts with identity politics.

    Over the course of the last half century, there’s been a big shift in the make up of the labour market, and a decline in what are traditionally considered working class jobs, such as in manufacturing. And yet, data from the annual British Social Attitudes (BSA) survey run by the National Centre for Social Research, found that 52% of people identify as working class compared with 43% who identify as middle class.

    According to Oliver Heath, professor of politics at Royal Holloway University of London, who co-authored the chapter on class for the BSA report in 2023, people still think about themselves in class terms to exactly the same degree as they did 40 years ago.

    There’s been no decline in terms of whether people think of themselves as identifying with a class, and no decline in whether they identify with being working class or not. So that seems remarkably stable and if anything showed some signs of actually increasing.

    The growth of self-employment, and in particular the gig economy, has disrupted the UK’s traditional class structure, according to Daniel Evans, a lecturer of criminology, sociology and social policy at Swansea University.

    The size of the formally self-employed has absolutely exploded. It’s close to about 5 million,  which is coming very close to the size of the entire public sector. This is absolutely unprecedented. In the early 1970s, it was about 1 million self-employed people.

    Evans argues this has also muddled what it means to be part of the petit bourgeoisie, someone who own the means of your own production in a Marxist sense.

    So many people are doing almost like bogus forms of self-employment. Whereas in the past, lots and lots of people are doing this voluntarily, a lot of working class people aspired to join the ranks of the self-employed because they wanted to be their own boss … more and more people have been forced, basically, into self-employment.

    Education, education, education

    Amid these shifts, education has become a dominant force in recent years, overriding class defined by occupation or income as the most influential factor in voter behaviour. According to Paula Surridge, professor of political sociology at the University of Bristol, this was true for the Brexit vote too, she says.

    Education is a stronger predictor of Brexit vote than class, with those with degree or higher level education more likely to vote remain than those with lower level qualifications. And the reason for that is the Brexit vote was primarily driven by a set of social values that don’t relate to economics.

    Town and gown: Britain’s modern political divide.
    Shutterstock

    This can be a tricky dynamic to talk about. The education divide is not a term intended to deliver a value judgement but describes two distinct experiences of life. The university population in the UK has exploded since the 1990s and going to university has a profound effect on a person’s outlook, according to John Curtice, professor of politics at the University of Strathclyde and senior research fellow at Natcen:

    The experience of university, where people get mixed with people from diverse backgrounds, they’re encouraged, particularly in the humanities, to be critically reflective about culture, etc. that that seems to create a rather more socially liberal ambience.

    For more analysis, listen to the full episode of Know Your Place: what happened to class in British politics on The Conversation Documentaries.

    A transcript is available on Apple Podcasts.

    Know Your Place: what happened to class in British politics is produced and mixed by Anouk Millet for The Conversation. It’s supported by the National Centre for Social Research.

    Newsclips in the episode from BBC Newsnight, Financial Times, The Frost Report, CBC News, Sky News, France24 English, AP Archive, BBC News, Official Jeremy Corbyn Channel and Channel 4 News.

    Listen to The Conversation Documentaries via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here.

    John Curtice receives funding from UKRI-ESRC. Tim Bale has previously received funding for research on the Conservative Party and party members from the Leverhulme Trust and from the Economic and Social Research Council. Oliver Heath does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Paula Surridge does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Daniel Evans does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. Know Your Place: what happened to class in British politics is supported by the National Centre for Social Research.

    – ref. What does class mean today in Britain? Podcast – https://theconversation.com/what-does-class-mean-today-in-britain-podcast-241412

    MIL OSI – Global Reports –

  • MIL-OSI China: China recovers 16B yuan in misused healthcare funds

    Source: China State Council Information Office 2

    Chinese authorities recovered over 16 billion yuan ($2.25 billion) in misused medical insurance funds during the first nine months of this year, according to official data released on Tuesday.
    At a press conference in Beijing, the National Healthcare Security Administration (NHSA) announced that it had conducted surprise inspections at more than 500 designated medical institutions participating in the national insurance scheme.
    These inspections, aimed at uncovering insurance fraud and misuse, covered all provincial-level regions, the NHSA stated.
    The administration pledged additional measures to ensure the security of healthcare funds and prevent future misuse.
    These efforts include expanding the scope of surprise inspections, enhancing self-inspection and rectification, strengthening big data monitoring, establishing a long-term regulatory framework, and increasing public exposure of violations.

    MIL OSI China News –

  • MIL-OSI China: Seawater intrusion incurs waterlogging on China’s northern coasts

    Source: China State Council Information Office 2

    High tides have poured seawater onto the land in coastal cities in northeast and north China’s Liaoning and Hebei provinces and Tianjin Municipality from Monday, submerging streets and triggering waterlogging.
    In Liaoning, the cities of Dalian, Yingkou, Panjin, Jinzhou and Huludao have suffered urban waterlogging, after the high tide.
    “I’ve lived in the neighborhood for more than 40 years, and I’ve never seen such a severe tidal upsurge,” said Zhang Xinghua, a fisherman at the Erjiegou neighborhood of Panjin.
    Zhang said the neighborhood is located in a low-lying area prone to attacks by tidal waves, especially when nearing winter, but this time the tides were “surprisingly large.”
    The city’s fire department on Monday dispatched 25 fire trucks and 150 firefighters, who took rubber boats for the search and rescue of people trapped in the waterlogging. By Monday night, 72 people were rescued and more than 120 were evacuated.
    As the tides ebbed Monday evening, seawater gradually retreated. Xinhua reporters saw water pumps still working round the clock on the streets in Panjin to drain water.
    “We are still checking risks in low-lying areas. No casualties have been reported,” said Liu Songlin of the sub-district office in Erjiegou.
    Meanwhile, seawater poured into residential houses on Monday in Luannan County, Tangshan City, Hebei Province. Local residents said they have not seen such a large tide in around 30 years.
    In the Binhai New Area of Tianjin Municipality, buses had to temporarily adjust regular routes to avoid the waterlogging area.
    The Liaoning provincial marine monitoring and forecasting center issued a Level-IV sea tide warning at 4 p.m. Monday, saying affected by a cold spell and cyclone, large waves up to 2.5 to 3.5 meters high would appear in the northern part of the Bohai Sea and the Yellow Sea from Monday night to Tuesday.
    Zhou Guanbo, a senior engineer at the China’s National Meteorological Center, attributed the seawater intrusion in Panjin and other places to storm surge superimposed with astronomical tide. This natural phenomenon leads to abnormal rise in tide water.
    He warned that seawater may affect drinking water safety, agricultural production and industrial production. 

    MIL OSI China News –

  • MIL-OSI China: MOFA strongly condemns China for disregarding Taiwan’s goodwill and taking provocative actions that raise tensions in Taiwan Strait and region

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA strongly condemns China for disregarding Taiwan’s goodwill and taking provocative actions that raise tensions in Taiwan Strait and region

    October 14, 2024  

    No. 353  

    The Ministry of Foreign Affairs (MOFA) has noted that China on October 14 launched its so-called Joint Sword-2024B military drill around Taiwan, once again challenging the rules-based international order and gravely undermining regional peace and stability. MOFA strongly condemns China and urges it to pull back and immediately cease its military provocations.

     

    In his National Day address, President Lai Ching-te once again expressed goodwill to China and called for it to act responsibly and work with Taiwan to maintain the prevailing state of peace, stability, and prosperity. However, China remains determined to intimidate the people of Taiwan through military exercises and is attempting to threaten Taiwan’s democracy and unilaterally disrupt the status quo of peace and stability across the Taiwan Strait and throughout the region. MOFA solemnly denounces China and urges it to neither use false pretexts aimed at justifying disagreement and strife nor become a troublemaker that undermines regional peace and stability.

     

    At the same time, MOFA calls on nations around the world to recognize China’s authoritarian and expansionist nature, take concrete actions to support democratic Taiwan at this critical moment, unite in defending the values of freedom and democracy, and safeguard the rules-based international order, as well as the freedom, openness, and prosperity of the Indo-Pacific region. (E)

    MIL OSI China News –

  • MIL-OSI China: MOFA response to US Secretary of State Blinken reaffirming importance of cross-strait peace and stability at ASEAN-US and East Asia Summits

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US Secretary of State Blinken reaffirming importance of cross-strait peace and stability at ASEAN-US and East Asia Summits

    October 12, 2024  

    United States Secretary of State Antony Blinken attended the 12th ASEAN-US Summit and the 19th East Asia Summit in Laos on October 10 and 11. In remarks at the first meeting, Secretary Blinken stated that it was important to maintain a shared commitment to protect stability across the Taiwan Strait. At the East Asia Summit the following day, he again spoke on cross-strait peace and stability as well as pressing regional and international challenges and threats, including China’s provocations in the East and South China Seas.

    Responding to a question at a press availability on October 11, Secretary Blinken highlighted the strong desire for all countries represented at the summit, including ASEAN members, to see peace and stability maintained across the Taiwan Strait. He stressed that President Lai Ching-te’s National Day speech was a regular exercise that China should not use in any fashion as a pretext for provocative actions. He further reiterated the importance of maintaining the cross-strait status quo and opposition to unilateral actions by any party to change the status quo. He said that 50 percent of commercial container traffic went through the Taiwan Strait every day and that more than 70 percent of high-end semiconductors were produced in Taiwan. This showed that there was a strong global economic incentive to maintain peace and stability and preserve the status quo.

    The Ministry of Foreign Affairs thanks the United States for continuing to use key regional summits to underscore the importance of cross-strait and regional peace and stability and for stating unequivocally that Taiwan’s regular National Day speech should not be a pretext for China’s provocations. As an important member of the Indo-Pacific region and a defender of the regional status quo, Taiwan will continue to collaborate with like-minded nations to uphold cross-strait and regional peace, stability, and prosperity.

    MIL OSI China News –

  • MIL-OSI China: Foreign holdings of renminbi bonds reach historic high

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

    BEIJING, Oct. 22 — The yield on renminbi bonds has been good since the start of the year, attracting foreign investors to increase their holdings, an official with the State Administration of Foreign Exchanges said on Tuesday.

    Up till now, foreign holdings of domestic renminbi bonds have exceeded 640 billion U.S. dollars, reaching a historic high, Li Hongyan, deputy head of the administration, told a press conference.

    “Overall, holdings of renminbi assets by foreign capital help to diversify the participants in the domestic market, enhance market liquidity, and promote a more active and international development of the domestic capital market,” Li said.

    The administration will continuously improve investment facilitation, create a favorable investment environment, promote high-level financial opening up to the outside world, and actively support foreign investors in participating in the Chinese capital market, Li added.

    MIL OSI China News –

  • MIL-OSI China: Expressway in SW China’s Guizhou to begin trial operations

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

    Expressway in SW China’s Guizhou to begin trial operations

    Updated: October 22, 2024 15:58 Xinhua
    An aerial panoramic drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. With a total length of 74.754 kilometers, the expressway is expected to begin trial operations this year, cutting travel time between two counties to about one hour. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]
    An aerial drone photo shows a section of an expressway linking Jianhe County and Liping County in southwest China’s Guizhou Province, Oct. 20, 2024. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: China’s forex market turnover up 10.1%

    Source: China State Council Information Office

    China’s foreign exchange market saw a turnover of 30.27 trillion U.S. dollars in the first three quarters of this year, up 10.1 percent year on year, official data showed Tuesday.

    Trading on the foreign exchange market was active in this period, the State Administration of Foreign Exchange said at a press conference.

    MIL OSI China News –

  • MIL-OSI China: China’s self-developed LNG container vessel delivered in port city

    Source: China State Council Information Office 2

    China’s self-developed liquefied natural gas (LNG) dual-fuel container vessel was delivered on Monday in northeast China’s port city of Dalian, according to Dalian Shipbuilding Industry Co., Ltd., its builder.
    The vessel, built for the Mediterranean Shipping Company, measures 366 meters in length, 51 meters in molded breadth and 30.2 meters in molded depth, and has a design draft of 14.5 meters.
    The vessel is capable of carrying 16,044 standard containers and 1,800 refrigerated containers, said the shipbuilder.
    The dual-fuel design allows the vessel to be powered by LNG and marine fuel oils. Equipped with a 13,000-cubic-meter Type-B LNG fuel tank, it has a larger capacity and higher utilization rate than traditional LNG fuel tanks and consumes less traditional fuels.
    The shipbuilder has applied other energy-saving measures and devices to improve the economic benefits and environmental protection performance of the vessel.

    MIL OSI China News –