21/05/2019
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, visits Tantou Village in Yudu County, Ganzhou City, during an inspection tour of east China’s Jiangxi Province on May 20, 2019. At the home of veteran Sun Guanfa, a descendant of a Red Army martyr, Xi chatted with Sun’s family. (Xinhua/Ju Peng)
NANCHANG, May 20 (Xinhua) — Xi Jinping, general secretary of the Communist Party of China Central Committee, visited Tantou Village in Yudu County, Ganzhou City, during an inspection tour of east China’s Jiangxi Province on Monday afternoon.
At the home of veteran Sun Guanfa, a descendant of a Red Army martyr, Xi chatted with Sun’s family and local officials, and learned in detail about the production developments and life improvements of people in the old revolutionary base.
Source: Xinhua
Posted in descendant, Ganzhou City, general secretary of the Communist Party of China Central Committee, Jiangxi Province, Red Army martyr, Sun Guanfa, Tantou Village, Uncategorized, Xi JinPing, Yudu County |
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20/05/2019
- China produces 90 per cent of the world’s rare earth minerals, used in hi-tech production such as electric vehicles
- Rare earth minerals one of the few goods not hit by incoming US tariffs on US$300 billion of Chinese goods as trade war escalates
President Xi Jinping paid a visit to the country’s rare earth mining base in Jiangxi province on Monday, according to the official Xinhua news agency, in his first domestic tour after the trade talks between Beijing and Washington ended without a deal. Photo: Xinhua
Chinese President Xi Jinping visited one of the country’s major rare earth mining and processing facilities on Monday, in his first domestic tour since the
of the US-China trade war.
Xi’s visit, reported by the official Xinhua news agency, comes amid growing discussion in China that Beijing could consider banning the export of such minerals as a weapon
Rare earth minerals were among the few items excluded from the latest US government plans to implement tariffs on almost all of China’s remaining exports to the United States, highlighting their strategic importance. These tariffs, which are set to be levied on Chinese goods worth an estimated US$300 billion,
as early as July, according to the Office of the US Trade Representative.
The state media report, which includes one sentence of text and two pictures, made no mention of the trade war, but speculation is mounting that rare earth minerals could form a key part of China’s retaliation.
China is the world’s largest producer and exporter of rare earth minerals, which contain at least one of the 17 rare earth elements, many of which are vital to a number of low-carbon technologies, such as high-performance magnets and electronics. Photo: Xinhua
China is the world’s largest producer and exporter of rare earth minerals, which contain at least one of the 17 rare earth elements, many of which are vital to a number of low-carbon technologies, such as high-performance magnets and electronics.
It accounts for 90 per cent of global production, however the government has been carefully managing mining levels and it was reported last year that amid production quotas, the country became a net importer of rare earth minerals last year.
Jin Canrong, a professor of international relations at Renmin University in Beijing, wrote an article last week suggesting that China could ban rare earth exports to the US as a way to punish the US for
. China does not import enough goods from the US to retaliate in pure tariff terms.
The Chinese government has weaponised the trade of rare earth exports before, slashing the export quota by 40 per cent in 2010. The US, Japan and the European Union filed a compliant against the Chinese quota at the World Trade Organisation in 2012, with the WTO ruling against China. Beijing dropped its export restrictions in 2015.
According to the report, Xi visited JL Mag Rare Earth Co, a major rare earth processing company based in Ganzhou, Jiangxi province and “studied” the local rare earth industry. Ganzhou is the heartland of China’s rare earth mining and processing industry.
Xi was accompanied by vice-premier Liu He, who has been China’s top trade negotiator in the long-running talks with the US and who is Xi’s most trusted economic adviser. Also on the trip was a delegation of company officials and local cadres.
JL Mag is a leading supplier of high-performance rare earth magnets, which are widely used in intelligent manufacturing operations, energy-saving applications, and in the production of robots and new energy vehicles, according to the company’s website.
Images of Xi’s trip show a sign saying that the company is trying to build up “a rare metal industry base of tungsten with strong international competitiveness”.
Banning rate earth exports to the US is one of several ideas percolating in Chinese public discussions of possible trade war
Other analysts have suggested that China could sell its $3 trillion stockpile of US dollar-denominated securities, or allowing the yuan exchange rate to depreciate significantly, which would make Chinese exports cheaper for overseas buyers, helping to mitigate the effect of tariffs.
Source: SCMP
Posted in Chinese President Xi Jinping, Jiangxi Province, rare earth minerals, Renmin University, Uncategorized, US-China trade war, Vice-Premier Liu He, weapons, World Trade Organisation (WTO) |
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01/04/2019
- Police investigating after 78-year-old sustains bleeding in the brain and multiple broken bones
- Incident is latest mishap to hit China’s shared bike industry
Yang had been taking a stroll when he was struck by the falling bike. Photo: Weibo
A 78-year-old man in eastern China is in critical condition after being hit by a shared bicycle that fell from a tall building on Friday, mainland media reported.
The man, surnamed Yang, was standing by a ground-floor gate of the building where he lives in Nanchang, Jiangxi province, when a bicycle owned by bike-sharing company Ofo fell from one of the windows above, Jiangxi Television’s City Channel reported.
He was being treated in hospital for bleeding in the brain and several broken bones.
Yang’s daughter-in-law, surnamed Li, told the broadcaster Yang had been resting beside the gate while taking a walk on Friday afternoon when the bike hit him, knocking him to the ground.
Yang was hit as he paused by a gate to the building where he lives. Photo: Weibo
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Neighbours came to help after hearing the impact, and Yang was taken to hospital, the report stated.
“He has suffered bleeding in the brain and multiple broken bones over his body,” Li was quoted as saying. “The doctor said he is critically ill.”
Source: SCMP
Posted in China alert, Chinese man, critically ill, falling from building, hit by shared bike, Jiangxi Province, Nanchang, Uncategorized |
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17/03/2019
SOFIA, March 16 (Xinhua) — China’s Jiangxi Province and Bulgaria’s Sofia Region signed here on Saturday a Memorandum of Understanding (MoU) on Educational Cooperation, the Sofia Region said in a press release on its website.
The memorandum aims to encourage and support respective educational departments as well as colleges and universities to conduct exchanges and cooperation.
“In order to train talents needed in bilateral cooperation so as to enhance mutual understanding and promote friendly exchanges and cooperation, Jiangxi Province plans to offer scholarship of Jiangxi Provincial Government to five students of Sofia Region in the second half of 2019,” the memorandum said.
“The specific matters concerning five students from Sofia Region coming to Jiangxi to study will be facilitated and supported by departments of foreign affairs and education of the two sides,” it said.
The memorandum was also signed with a view of promoting bilateral friendly exchanges and cooperation so as to further push forward the consolidation and development of sister province/region relationship, it said.
Source: Xinhua
Posted in Bulgaria, China alert, education cooperation, Jiangxi Province, MoU, Sofia Region, Uncategorized |
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