Category: Peoples Republic of China

Translation. Region: Russian Federal

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

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

BEIJING, Sept. 23 (Xinhua) — China's financial sector has made significant progress during the 14th Five-Year Plan period (2021-2025), with total assets of China's banking industry approaching 470 trillion yuan (66.2 trillion U.S. dollars) as of the end of June this year, ranking first in the world.

China has led the world in foreign exchange reserves for 20 consecutive years and ranks second in the world in terms of stock and bond markets, People's Bank of China (PBOC) Governor Pan Gongsheng said on Monday at a press conference on the country's financial progress during the 14th Five-Year Plan period.

According to Pan Gongsheng, China is a global leader in green, inclusive, and digital finance. China has developed a multi-channel, widely accessible, secure, and efficient network for cross-border payments and renminbi settlements, and its mobile payments are among the world's leaders.

The quality and efficiency of financial services supporting the real economy have improved significantly. During the 14th Five-Year Plan period, the average annual growth in loans issued to small and medium-sized science and technology enterprises in China exceeded 20 percent, reported Pan Gongsheng.

The financial sector has become more resilient, said Li Yunze, head of China's National Financial Supervision Administration, noting that the combined assets of China's banking and insurance industries now exceed 500 trillion yuan, having grown by an average of 9 percent per year over the past five years, strengthening the country's position as the world's largest credit market and second-largest insurance market.

Li Yunze added that among the world's 1,000 largest banks, 143 are Chinese, and six out of the top ten positions are occupied by Chinese institutions.

Financial services have reached a new level. Over the past five years, China's banking and insurance sectors have provided 170 trillion yuan in new funds to the real economy through various means, including loans, bonds, and equity, said Li Yunze.

Regarding the stock market, China Securities Regulatory Commission head Wu Qing said at a press conference that technology companies are now taking up an increasing share of the stock exchange's A-shares as China strengthens capital market support for scientific and technological innovation.

According to Wu Qing, significant progress has been made thanks to investment reforms, and by the end of August this year, medium- and long-term funds had A-shares outstanding with a total market value of 21.4 trillion yuan, up 32 percent from the end of 2020.

Regarding the foreign exchange market, Zhu Hexin, vice governor of the People's Bank of China and head of the State Administration of Foreign Exchange, said at a press conference that China's foreign exchange reserves have consistently exceeded US$3 trillion since the start of the 14th Five-Year Plan.

Cross-border bilateral investment and financing remain active, and as of the end of July, overseas institutions and individuals held more than 10 trillion yuan in domestic stocks, bonds, deposits and loans, Zhu Hexin said, adding that cross-border receipts and payments in 2024 will reach 14 trillion US dollars, up 64 percent from 2020. -0-

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Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

Hami, located in the Xinjiang Uyghur Autonomous Region, is famous for its sweet melons. Today, the annual "Hami Melon Festival" in Hami has become a true sweet feast. Interestingly, the ancient city of Khiva in Uzbekistan also hosts a "Melon Festival." These two festivals have become a sweet symbol of friendship, strengthening the bonds between the peoples of China and Central Asia.

The cultivation and distribution of Hami melon were closely linked to the ancient Silk Road. Today, Hami melon has become a key economic pillar for the city of Hami.

International cooperation is also an important factor contributing to the continuous breeding progress of Hami melon.

Zhang Yongbing, a researcher at the Hami Melon Research Center of the Xinjiang Academy of Agricultural Sciences, has long been involved in research and promotion of Hami melon breeding technologies. He said, "We are working with Tajikistan, Kyrgyzstan, and other neighboring countries to exchange melon genetic resources to promote the genetic improvement and renewal of Chinese and foreign melon varieties, increasing the contribution of new varieties to the development of the industry." Zhang Yongbing also noted that melon varieties bred in China, such as "Golden Dragon" and "Golden Phoenix," are already being tested in Central Asian countries.

In June of this year, journalists from 10 countries, including Uzbekistan, Kyrgyzstan, and Pakistan, visited the city of Hami to jointly report on smart agriculture and rural revitalization.

"Both the Chinese Hami Melon Festival and similar festivals in Central Asian countries are dedicated to the sweet fruit, celebrating the harvest, and sharing joy. It's a vivid manifestation of the cultural affinity between China and its neighboring countries," says Wang Lin, an official with the Yizhou District Committee in Hami City.

In his view, historical trade and cultural exchange created similar traditions. Today, thanks to the joint construction of the Belt and Road Initiative, these festivals are becoming a "sweet link" strengthening mutual understanding between people.

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Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

Caracas, September 23 (Xinhua) — The deployment of U.S. troops to the Caribbean threatens Latin America and the Caribbean's status as a "zone of peace," Venezuelan Foreign Minister Iván Gil warned Monday at a meeting of foreign ministers of the Community of Latin American and Caribbean States (CELAC) in New York.

According to him, US threats are aimed not only at Venezuela but also at regional stability. "Who could have imagined that an attack on our country would not affect its neighbors or the regional economy?" the minister said.

I. Gil emphasized that Venezuela has no disputes with the United States, but is facing “an attempt at military aggression encouraged by political elements” in Washington.

He noted that Venezuelan President Nicolás Maduro ordered containment measures "to prevent the escalation of this conflict" and called US claims about official Caracas' connection to drug trafficking "a big lie." –0–

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Translation. Region: Russian Federal

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

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

Beijing, September 23 (Xinhua) — The Suifenhe Port, located in Heilongjiang Province on the border between China and Russia, is an important collection and distribution hub for fruits and vegetables destined for the Russian market. Approximately 200,000 tons of fruits and vegetables are exported from China to Russia through the port annually, according to a statement posted on the official website of the Suifenhe city government.

The unique geographical advantages, convenient logistics, and efficient customs clearance at Suifenhe checkpoint provide a reliable guarantee for the export of fruits and vegetables to Russia through this border crossing.

While previously only a few types of fruits and vegetables, including apples, citrus fruits, onions, and cabbage, were exported to Russia through the Suifenhe checkpoint, the export range has now expanded to over 20 varieties. Suifenhe Customs, maintaining close ties with exporting companies, promptly resolves any problems they encounter during declaration and inspection, thereby facilitating the growth of Chinese fruit and vegetable exports to Russia.

Fruits and vegetables have already become one of the main export items through the Suifenhe checkpoint. They primarily go to markets in the Russian Far East, including Primorsky Krai and Khabarovsk Krai.

Li Zhiqiang, director of Yuanfeng Economic and Trade Co., Ltd. in Suifenhe, explained that his company has been involved in cross-border transportation of fruits and vegetables for 30 years. Vegetables are primarily delivered to Suifenhe from the provinces of Shandong, Henan, and Hebei. They arrive daily in the afternoon and can be on Russian consumers' tables the following morning, he said.

Chinese fruits and vegetables are now available in many Russian supermarkets. A Russian merchant named Ivan said that Chinese fruits and vegetables offer competitive advantages in terms of price and quality, making them affordable for ordinary people.

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Translation. Region: Russian Federal

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

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

UNITED NATIONS, Sept. 23 (Xinhua) — French President Emmanuel Macron said Monday at a UN conference on the Palestinian issue that his country will recognize the State of Palestine, joining most other UN member states that have already done so.

"Today I declare that France recognizes the State of Palestine," Emmanuel Macron said at the High-Level International Conference on the Peaceful Settlement of the Question of Palestine and the Implementation of a Two-State Solution. The conference is being co-chaired by France and Saudi Arabia.

"The time has come. We can't wait any longer," he said, adding that "we want two states to live side by side in peace and security."

Including France, more than 150 countries have already announced their recognition of the State of Palestine.

On Sunday, Britain, Canada, Australia and Portugal formally recognized the State of Palestine to further the "two-state solution" as Israel continued its offensive and annexation of the Gaza Strip despite growing international condemnation.

“The Israeli-Palestinian conflict has remained unresolved for generations,” UN Secretary-General António Guterres said in his address at a meeting held on the opening day of the high-level week of the 80th session of the UN General Assembly.

"The dialogue has reached a dead end. Resolutions are being ignored. International law is being violated," he said.

The situation is unbearable and is worsening by the hour, the UN chief said.

“We are gathered here today to help find the only way out of this nightmare: the principle of ‘two states for two peoples’, in which two independent, sovereign, democratic States – Israel and Palestine – live side by side in peace and security within their secure and recognized borders, based on the pre-1967 lines, with Jerusalem as the capital of both States – in accordance with international law, UN resolutions and other relevant agreements,” said A. Guterres. –0–

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Translation. Region: Russian Federal

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

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

UN, Sept. 23 (Xinhua) — China's Deputy Permanent Representative to the United Nations Geng Shuang called for calm and restraint at an emergency Security Council meeting on Monday in connection with the alleged incursion of Russian fighter jets into Estonian airspace.

"China urges relevant parties to maintain calm and restraint, clarify facts and dispel doubts through dialogue and communication, avoid misunderstandings and misjudgments, and prevent the situation from expanding or escalating," he said.

According to the diplomat, China has always insisted that countries should follow the purposes and principles of the UN Charter when regulating international relations.

The incident in Estonian airspace and the drone incident in Poland are side effects of the Ukrainian crisis. They reflect a lack of mutual trust and growing suspicions between the parties, and illustrate the complex and sensitive nature of the current security situation in Europe, said Geng Shuang.

He emphasized that as long as the Ukrainian crisis remains unresolved and fighting continues, such incidents are likely to recur. Therefore, the urgent and fundamental solution is to quickly achieve a political settlement to the Ukrainian crisis and create a balanced, effective, and sustainable European security architecture.

During a meeting on Monday, Estonia accused Russia of violating its airspace on Friday. A Russian representative denied the accusation.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

UNITED NATIONS, Sept. 23 (Xinhua) — United Nations Secretary-General Antonio Guterres on Monday called for stepped-up efforts to achieve the Sustainable Development Goals (SDGs) at the SDG Moment event held at the world body's headquarters.

At an event held during the high-level week of the 80th session of the UN General Assembly (GA), A. Guterres outlined the path to achieving the SDGs: reforming the global financial architecture, prioritizing measures to combat climate change, and preparing for technological transformation.

“In everything we do, we put peace first,” the Secretary-General said, emphasizing that in 2024, global military spending was 13 times higher than official development assistance.

According to UN General Assembly President Annalena Baerbock, in the five years leading up to 2030, only 35 percent of SDGs are on track, 47 percent are showing insufficient progress, and 18 percent are moving in the opposite direction.

"The financial picture is equally bleak. At a time of growing needs, net official development assistance fell by 7.1 percent last year," she said. "We are not making as much progress as we should in fulfilling the fundamental promises of the Sustainable Development Goals."

“Development will only be fair and sustainable if it gives a voice to those who are too often ignored, and if we join forces and show solidarity with each other,” she added.

In September 2015, the UN adopted the 2030 Agenda for Sustainable Development, which includes 17 SDGs aimed at ending poverty, promoting equality, combating climate change, and other tasks to be achieved by 2030. –0–

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Translation. Region: Russian Federal

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

NEW YORK, Sept. 22 (Xinhua) — Chinese State Council Premier Li Qiang arrived in New York on Monday afternoon to attend the general debate of the 80th session of the United Nations General Assembly.

While in New York from Monday to Friday, Li Qiang will also attend events hosted by China, including a high-level meeting on the Global Development Initiative, and meet with UN Secretary-General António Guterres and leaders of relevant countries.

At upcoming multilateral and bilateral events, Li Qiang will give detailed insights into China's views on the current international situation, major global issues, and the work of the UN, as well as introduce China's domestic and foreign policies, the Global Governance Initiative, and other important concepts and proposals.

This year marks the 80th anniversary of the victory in the World Anti-Fascist War and the founding of the United Nations.

During this visit, China hopes to join all parties in renewing the fundamental mission of the UN, reaffirming its commitment to the purposes and principles of the UN Charter, strengthening the authority and vitality of the UN in the new era, and enabling the organization to play an even more important role in safeguarding peace, promoting development, and building a community with a shared future for mankind, a Chinese Foreign Ministry spokesperson said. -0-

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Translation. Region: Russian Federal

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

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

GUANGZHOU, Sept. 23 (Xinhua) — South China's Guangdong Province raised its emergency response to Level 1, the highest level, at 10:00 a.m. Tuesday as Typhoon Ragasa approaches. The typhoon is forecast to make landfall in coastal areas in the central and western parts of the province as a strong or super typhoon within the next 24 hours. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

Lanzhou, September 23 (Xinhua) — A meeting marking the 10th anniversary of the Belt and Road University Alliance was held in Dunhuang, northwest China's Gansu Province, on Monday. Experts and scholars from more than 20 countries, including China, Kazakhstan, Uzbekistan, and Pakistan, held in-depth discussions on strengthening cooperation in higher education, science, technology, and other fields.

It should be recalled that in 2015, Lanzhou University, located in Lanzhou, Gansu Province, together with universities from countries participating in the Belt and Road Initiative, initiated the creation of the aforementioned alliance in Dunhuang with the aim of jointly forming a higher education community.

Lanzhou University Party Committee Secretary Ma Xiaojie said that over the past ten years, the alliance's "circle of friends" has steadily expanded, and now includes 197 universities from 27 countries and regions.

"With the support of the alliance, we have trained a large number of specialists for the joint construction of the Belt and Road Initiative and conducted in-depth joint research in such important areas as agricultural science and technology, environmental management, and meteorological services," Ma Xiaojie added.

Over 2,000 years ago, the Great Silk Road built a bridge of friendly exchanges between East and West. With the dawn of a new era, the Belt and Road Initiative has once again created a platform for promoting dialogue and cooperation between countries around the world.

Zhao Lei, Deputy Director of the Department of International Cooperation and Exchanges at the Ministry of Education of the People's Republic of China, noted that educational exchanges and cooperation are an important part of the joint construction of the Belt and Road Initiative, expressing hope that the Belt and Road University Alliance can continue to play a role as a platform and link, and promote higher-quality and sustainable educational exchanges and cooperation.

In recent years, cooperation between Chinese universities and those in Belt and Road Initiative countries has steadily deepened. The construction of cooperation platforms such as the China-Russia Institute of Fundamental Research and the China-Malaysia Graduate Institute of International Studies is progressing steadily. Higher education cooperation within the multilateral frameworks of China-Central Asia, China-ASEAN, and the Shanghai Cooperation Organization (SCO) has also yielded positive results.

Experts present at yesterday's meeting expressed the view that China and countries participating in the Belt and Road Initiative have achieved impressive results in advancing cooperation in higher education and strengthening scientific research exchanges. They hope that in the future, more targeted methods for cultivating top-notch specialists will emerge to ensure the human resources necessary for the socio-economic development of countries participating in the Belt and Road initiative.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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