23/04/2020
- Test in Xiong’an, the new city being built south of Beijing, will focus on everyday goods and services for the first time
- American food outlets to be included in the digital currency tests, conducting small transactions with local firms
American chains Starbucks, McDonald’s and Subway were named on the People’s Bank of China’s list of firms that will test the digital currency in small transactions with 19 local businesses. Photo: Bloomberg
China’s central bank has accelerated the testing of its new sovereign digital currency and, for the first time, will include some foreign consumer brands in the programme.
American chains Starbucks, McDonald’s and Subway were named on the People’s Bank of China (PBOC)’s list of firms that will test the
digital currency in small transactions with 19 local businesses.
The global names will be joined by local hotels, convenience stores, a stuffed bun shop, a bakery, a bookstore and a gym, according to details revealed at a promotional event in the Xiong’an New Area, a city being built south of Beijing, news portal Sina.com reported.
The inclusion of businesses providing everyday goods and services marks an expansion of the PBOC’s testing. It follows a previous disclosure that last week in Suzhou the digital currency was used to pay half public sector workers’ travel subsidies for May.
Is China a currency manipulator?
Wednesday’s promotional event was organised by the local branch of the National Development and Reform Commission, the powerful planning agency, and attended by representatives of the Big Four state-owned banks and two of the country’s internet giants – Alibaba and Tencent.
China has not released a timetable for launching the digital yuan, but last week’s reports on new testing have fanned speculation that it could be imminent.
The tests were reportedly accelerated after Facebook launched its Libra project in June last year, an attempt to create a
global digital currency pegged to a basket of currencies and backed by global commercial giants.
The Libra Association, the consortium managing the project, announced changes last week in an attempt to win regulatory approval and pave the way for an official launch sometime later this year. The consortium said it would create multiple digital units tied to existing currencies such as the US dollar or the euro, rather than a single token based on a basket of currencies.
China’s official digital currency, known as Digital Currency Electronic Payment (DCEP), came into the public spotlight last week
when a screenshot of a test version of an app developed by the Agricultural Bank of China circulated online.
The digital currency app has several basic functions, similarly to other Chinese online payment platforms such as Alipay and WeChat Pay – the country’s two most popular online payment tools – allowing users to make and receive payments, and transfer money.
“It’s certain that the DCEP is now in its final testing stage and should be officially launched,” BlockVC, an investment firm, said in a research note.
The PBOC’s digital currency research institute confirmed last Friday that testing was being conducted in four cities: Shenzhen, Suzhou, Xiong’an and Chengdu. In addition, venues for the 2022 Winter Olympics in Beijing and Zhangjiakou will join the testing programme in the future.
What is the Hong Kong Dollar Peg?
The institute, which was inaugurated in 2017, said that the test versions and applications of the currency had not been finalised.
The project testing is based on two principles: the central bank issues the virtual money to commercial banks who then pass it on to consumers, and that is aimed at replacing cash in all transactions.
China is the first major economy to publicly announce plans for a sovereign digital currency, aiming to better control the rapid rise of digital payments worldwide.
The PBOC has, however, cracked down on the trading of other digital currencies and banned banks from accepting cryptocurrencies, which it views as a risk to financial stability.
Source: SCMP
Posted in 2022, accelerated, Agricultural Bank of China, Alibaba, American, among, bakery, Beijing, Big Four, bookstore, built, Chengdu, China’s, conducting, consortium, convenience stores, cryptocurrencies, digital currency, Digital Currency Electronic Payment (DCEP), everyday, Facebook, first time, focus, food outlets, Foreign firms, goods and services, Gym, included, internet giants, June, Libra, Libra Association, local firms, local hotels, May, McDonald’s, National Development and Reform Commission, New Area, new city, news portal, People’s Bank of China (PBOC)’s, People’s Bank of China’s, planning agency, public sector workers’, reported, set to, Shenzhen, Sina.com, small, South, sovereign, starbucks, stuffed bun shop, Subway, Suzhou, TENCENT, test, transactions, travel subsidies, Uncategorized, Winter Olympics, Xiongan, Zhangjiakou |
Leave a Comment »
12/04/2020
- Between January 20 and April 4, PM2.5 levels across the country fell by more than 18 per cent, according to the environment ministry
- But observers say that as soon as the nation’s factories and roads get back to normal, so too will the air pollution levels
Blue skies were an unexpected upside of locking down cities and halting industrial production across China. Photo: AFP
China’s air quality has improved dramatically in recent weeks as a result of the widespread city lockdowns and strict travel restrictions introduced to contain the
. But experts say the blue skies could rapidly disappear as factories and roads reopen under a government stimulus plan to breathe new life into a stalled economy.
According to the Ministry of Ecology and Environment, between January 20 and April 4 the average concentration of PM2.5 – the tiny particles that pose the biggest risk to health – fell by 18.4 per cent from the same period of last year.
Meanwhile, the average number of days with good air quality – determined as when the air pollution index falls below 100 – rose by 7.5 per cent, it said.
Satellite images released by Nasa and the European Space Agency showed a dramatic drop in nitrogen dioxide emissions in major Chinese cities in the first two months of 2020, compared with a year earlier.
According to Nasa, the changes in Wuhan – the central China city at the epicentre of the initial coronavirus outbreak – were particularly striking, while nitrogen dioxide levels across the whole of eastern and central China were 10 to 30 per cent lower than normal.
The region is home to hundreds of factories, supplying everything from steel and car parts to microchips. Wuhan, which has a population of 11 million, was placed under lockdown on January 23, but those
restrictions were lifted on Wednesday
.
Air pollution is likely to return to China’s cities once the lockdowns are lifted. Photo: Reuters
Nitrogen dioxide is produced by cars, power plants and other industrial facilities and is thought to exacerbate respiratory illnesses such as asthma.
The space agency said the decline in air pollution levels coincided with the restrictions imposed on transport and business activities.
That was consistent with official data from China’s National Development and Reform Commission, which recorded a 25 per cent fall in road freight volume and a 14 per cent decline in the consumption of oil products between January and February.
Guangzhou cases prompt shutdown in ‘Little Africa’ trading hub
Liu Qian, a senior climate campaigner for Greenpeace based in Beijing, said the restrictions on industry and travel were the primary reasons for the improvement in air quality.
According to official data, in February, the concentrations of PM2.5, nitrogen dioxide and sulphur dioxide – a toxic gas that comes mostly from industrial burning of coal and other fossil fuels – all fell, by 27 per cent, 28 per cent and 23 per cent, respectively.
“The causes of air pollution are complicated, but the suspension of industrial activity and a drop in public transport use will have helped to reduce levels,” Liu said.
As the epicentre of the Covid-19 pandemic has shifted to the
United States and
, human and industrial activity in China is gradually picking back up, and so is air pollution.
Lauri Myllyvirta, lead analyst with the Centre for Research on Energy and Clean Air in Helsinki, said that levels of nitrogen dioxide pollution, measured both by Nasa satellites and official stations in China, started inching back up in the middle of March and had returned to normal levels by the end of the month.
That coincided with the centre’s findings – published on Carbon Brief, a British website on climate change – that coal consumption at power plants and oil refineries across China returned to their normal levels in the fourth week of March.
How the Wuhan experience could help coronavirus battle in US and Europe
Ma Jun, director of the Institute of Public & Environmental Affairs, a Beijing-based charity, said a stimulus plan to kick-start the economy would have a significant impact on air pollution.
“Once industrial production is fully resumed, so are the emission levels,” he said. “Unless another outbreak happens and triggers another lockdown, which would be terrible, the improvement achieved under the pandemic is unstable and won’t last long.”
After the 2008 financial crisis, Beijing launched a 4 trillion yuan (US$567.6 billion) stimulus package that included massive infrastructure investment, but also did huge damage to the environment. In the years that followed, air pollution rose to record highs and sparked a public backlash.
Even before the
Covid-19 outbreak, China’s economy was slowing – it grew by 6.1 per cent in 2019, its slowest for 29 years – and concerns are now growing that policymakers will go all out to revive it.
“Local governments have been under huge pressure since last year, and there are fears that environmental regulations will be sidelined [in the push to boost economic output],” Ma said.
But Beijing had the opportunity to get it right this time by investing more in green infrastructure projects rather than high-carbon projects, he said.
“A balance between economic development and environmental protection is key to achieving a green recovery, and that is what China needs.”
Source: SCMP
Posted in 20, 2020, 4, air pollution, air quality, April, Asthma, ‘Little Africa’, back, balance, Beijing, blue skies, brought, business activities, car parts, Carbon Brief, cars, charity, China, China’s economy, Chinese cities, climate campaigner, Coal, concentrations, consumption, coronavirus epidemic, coronavirus outbreak, COVID-19, COVID-19 outbreak, Covid-19 pandemic, decline, drop, eastern and central China, environment ministry, Environmental protection, environmental regulations, epicentre, Europe, European Space Agency, everything, exacerbate, expect, factories, February, fossil fuels, get back, green infrastructure projects, green recovery, Greenpeace, Guangzhou, Helsinki, high-carbon projects, Home, Human, hundreds, improvement, industrial activity, industrial burning, industrial facilities, industry, Institute of Public & Environmental Affairs, January, last, levels, local governments, lockdowns, March, microchips, months, NASA, National Development and Reform Commission, Nitrogen dioxide, oil products, PM2.5, PM2.5 levels, policymakers, power plants, primary reasons, public transport, region, respiratory illnesses, restrictions, road freight, roads, shifted, sidelined, slowing, so too, space agency, Steel, supplying, suspension, tiny particles, to normal, toxic gas, trading hub, Transport, travel, Uncategorized, United States, Wednesday, Wuhan |
Leave a Comment »
28/03/2020
- China Film Administration issues notice on Thursday as government seeks to prevent a new wave of Covid-19 cases, after locally transmitted infection is reported in Zhejiang
- Cinemas in some parts of the country did reopen on March 20, but film-goers’ joy was short-lived
Beijing said it was working on a support package for the cinema industry, which has been hard hit by the Covid-19 pandemic. Photo: Weibo
Just a week after being given the green light to reopen, cinemas across China have been ordered to close once more as the government seeks to strike a balance between rebooting the economy and preventing a second wave of
Covid-19 cases.
The notice was issued by the China Film Administration on Thursday, according to a report the same day by local news outlet Caixin.com. It was not otherwise made public.
While cinemas in some parts of the country have been back in business since March 20, those in major cities remained closed. The 24 million or so people who live in the eastern metropolis of Shanghai had been looking forward to their screens reopening on Friday.
Cinema managers were quoted by Caixin as saying that the closure notice might have been prompted by a locally transmitted case of Covid-10 that was reported on Thursday in Zhejiang province, which neighbours Shanghai.
The infection was one of 55 reported across China that day, but the only one that was not imported, the report said.
China’s cinema industry has been among the worst hit by the health crisis. Earlier on Thursday, the
National Development and Reform Commission said it had spoken to industry executives and relevant organisations, and had drawn up proposals for a support package.
Source: SCMP
Posted in Chinese cinemas, close, coronavirus, COVID-19, Covid-19 pandemic, National Development and Reform Commission, reopening, Uncategorized, week |
Leave a Comment »
20/02/2020
- Eyeing large profits, Indian manufacturers are scrambling to meet the demand from countries such as China and Malaysia
- But this new focus on exports means the domestic market is being underserved, and substandard masks are hitting shelves
A vendor shows an N95 face mask at medical store in Bhopal, India. Photo: EPA
manufacturers and distributors of surgical face masks are currently in overdrive to meet a surge in global demand for protective gear amid the coronavirus outbreak.
With an eye on enormous profits, these suppliers have turned their focus to exports,
– causing a chronic local shortage of masks due to the relatively lower margins in the domestic market.
Indian manufacturers produce 240 million disposable masks every year, primarily for domestic use, as per the estimates of the Association of Indian Medical Device Industry.
There are no large-scale manufacturers of surgical masks in the country; the landscape is dominated by more than a dozen medium-sized companies with a production capacity of between 20,000 and 100,000 masks a day.
China, Asean foreign ministers begin emergency meeting on coronavirus in Vientiane
The production cost of a mask is estimated to be 1 rupee (less than 2 US cents), and masks were sold for 2-4 rupees at retail outlets a month ago. As of this week, the price of a surgical mask has skyrocketed to 15 rupees.
In some regions where there is a shortfall, retail stores are reportedly demanding as much as 50 rupees. Some experts, meanwhile, say exporting masks to coronavirus-threatened Asian countries where masks are in high demand could fetch firms up to US$15 per mask.
China has so far imported over 1.2 billion masks to meet soaring demand, according to the Ministry of Commerce.
Manoj Rajawat – director of Orthosut Biomedical and Engineering Company, which distributed about 500,000 masks every month before the surge in demand – estimates that nearly 90 per cent of masks manufactured in India in recent weeks have been exported to countries such as China,
Malaysia and
Singapore.
“The value of the exported masks could [easily be more than 50] times what it was before the virus outbreak in China,” Rajawat said.
More than 75,000 people have been infected with the coronavirus, the vast majority of them on mainland China, and more than 2,000 patients have died with more than 16,000 staging a full recovery. This includes India’s three cases of infection, which were discovered in Kerala and have since been cured.
To allay fears of a domestic shortage, the Indian government briefly banned exports of masks and protective gear earlier this month, when the country’s first case of coronavirus infection was confirmed. A week later, however, the ban was partially lifted for two- and three-ply masks as the demand for such protective equipment kept rising overseas.
Multiple Indian ministries are closely monitoring the situation, but are reluctant to comment on specific issues beyond releasing official notifications.
Coronavirus: Anxious Asian countries want China flight ban, says new poll
“Indian manufacturers have exponentially increased their production of masks. With the government lifting the restrictions on exports, [these firms] are also catering to international demand, somewhat focusing more on exports as it seems more beneficial,” said Vivek Tiwari, chief executive of Medikabazaar, a business-to-business online platform for medical supplies and equipment.
However, experts and observers such as Prasad Danave, president of the Retail and Dispensing Chemist Association, say Indian manufacturers are not equipped to deal with the sudden demand for such large quantities.
“I talked to one of the manufacturers and his capacity to produce disposable masks is 20,000 pieces per day. Suddenly, two purchasers approached him asking for 2 million masks and 5 million masks respectively. It is impossible to cater to such a need immediately,” Danave said.
A police officer in Kochi, India wears a face mask amid fears of the coronavirus outbreak. Photo: EPA
The N95 respirator, an industrial-purpose face mask, is in huge demand as people seek to protect themselves from the coronavirus. Alcohol-based hand sanitisers are also flying off shelves, while there are also concerns of panic buying and shopkeepers hyping up demand for their products to capitalise on the situation.
Abhay Pandey is the national president of the All Food and Drug Licence Holder Foundation, an industry organisation which represents about 7,000 pharmaceutical suppliers across India. He said vendors are distributing substandard face masks to domestic consumers due to a shortage of production time given the increased demand, as well as the lack of a credible mechanism to ensure standards.
Coronavirus: Japan scientist stands by ‘chaotic’ criticism of cruise ship quarantine
“There’s a micro-filter which is usually fitted between two layers in the three-ply face masks used by doctors during surgical procedures. Now, the suppliers are preparing substandard face masks without this filter for the Indian market, and for exports they’re sending the good quality ones,” Pandey said.
Mask makers in China, the world’s largest producer of face masks, are currently operating at 76 per cent capacity, National Development and Reform Commission official Cong Liang said at a press conference in Beijing on Tuesday.
This means they are producing about 15.2 million masks daily but demand is estimated to be between 50 and 60 million units, according to Chinese media reports citing mainland mask manufacturers.
Source: SCMP
Posted in Alcohol-based hand sanitisers, All Food and Drug Licence Holder Foundation, ASEAN, Asian demand, Association of Indian Medical Device Industry, Bhopal, China, coronavirus outbreak, Cruise Ship, foreign ministers, India’s, Japan, Makers, Malaysia, Medikabazaar, meet, Ministry of Commerce, National Development and Reform Commission, Orthosut Biomedical and Engineering Company, Police officer, quarantine, scientist, Singapore, surgical mask, Uncategorized |
Leave a Comment »
22/12/2019
BEIJING, Dec. 21 (Xinhua) — Ask the silver-haired residents of the elderly care community Yinheyuan in central Beijing what they know about artificial intelligence (AI), and they will probably throw the question to the smart speakers within their reach.
These smart speakers, capable of interacting with users with voice-recognition technologies, are also part of the answer. Via voice command, senior residents can control lights, TVs and other home appliances, order food or ask for help.
AI is no longer a technical term used exclusively by professionals in China. Both young and old are enjoying the benefits of the growing smart economy.
After personal computers (PC), PC internet and mobile internet, the growth focus of China’s digital economy is shifting to smart technologies like AI, said Baidu Chairman and CEO Robin Li at the World Internet Conference in October.
In the smart economy era, Li predicted a declining reliance on cellphones and a rising popularity of other smart devices. AI chips, cloud computing services, among others, would become the new digital infrastructure, while innovative businesses will flourish as transport, health, education and other sectors go smart.
Wearable devices, smart home appliances, autonomous driving and smart cities are among the fastest-growing fields in the smart economy.
China is the largest smart speaker market in the world, accounting for 36 percent of global shipments in the third quarter of 2019, according to global market firm Strategy Analytics. It found in a July and August survey that 63 percent of Chinese people without a smart speaker planned to buy one within the following year. Another 22 percent planned to make a purchase later on.
Chinese firms are stepping up investment in 5G, AI and the Internet of Things to gain a foothold in the emerging field. By end-June, China had over 1,200 AI-related enterprises, according to the Ministry of Industry and Information Technology.
Baidu launched its autonomous driving open platform ApollBo in 2017 to coordinate cross-sector efforts in this field. It has launched several L4 autonomous driving vehicles in partnership with leading automobile companies, and a fleet of Apollo-powered robotaxis are now taking test runs in central China’s Changsha.
Nurturing a smart economy is also on the government agenda. China has passed a guideline to boost the integration of AI and the real economy this year, and plans to build some 20 national AI innovative development pilot zones by 2023.
The country’s AI sector is forecast to be worth more than 160 billion yuan (about 22.83 billion U.S. dollars) in 2020, spurring related sectors to exceed 1 trillion yuan, said Lin Nianxiu, deputy director with the National Development and Reform Commission, citing industrial data.
Lin said China would focus on 100 firms dedicated to AI technologies and relevant applications, improve the industrial ecosystem, facilitate the deep integration of AI and the real economy, and intensify its international collaboration on AI technology, standards, industries, laws and regulations and ethics.
Source: Xinhua
Posted in AI, AI chips, Artificial intelligence, artificial intelligence (AI), ask for help, autonomous driving, Baidu, Baidu Chairman and CEO, Beijing, Cellphones, Changsha, China alert, cloud computing services, control lights, digital economy, digital infrastructure, education, empowers, Health, home appliances, individuals, industries, innovative businesses, interacting, Internet of Things, Ministry of Industry and Information Technology, mobile internet, National Development and Reform Commission, National Development and Reform Commission (NDRC), order food, PC internet, personal computers (PC), professionals, senior residents, Smart Cities, smart economy, Smart economy fledging, smart home appliances, smart speaker, smart speakers, technical term, Transport, TVs, Uncategorized, users, voice command, voice-recognition technologies, Wearable devices, World Internet Conference |
Leave a Comment »
09/12/2019
Attendants from China and Japan exchange documents of cooperation projects at the 13th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection in Tokyo, Japan, Dec. 8, 2019. Officials, entrepreneurs, experts and scholars from China and Japan discussed cooperation and inked agreements on 26 cooperation projects at the 13th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection here on Sunday. (Xinhua/Du Xiaoyi)
TOKYO, Dec. 8 (Xinhua) — Officials, entrepreneurs, experts and scholars from China and Japan discussed cooperation and inked agreements on 26 cooperation projects at the 13th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection here on Sunday.
Some 800 people attended the forum co-organized by the National Development and Reform Commission, Ministry of Commerce, Chinese embassy in Japan, and Japan’s Ministry of Economy, Trade and Industry, and the Japan-China Economic Association.
Deputy Director of the National Development and Reform Commission Zhang Yong briefed the attendants about China’s achievements in recent years in energy saving, emission reduction and development of environment-friendly industries.
Noting that this year marks the 70th anniversary of the founding of the People’s Republic of China, Zhang said China will continue to open up to the outside world at a higher level and improve the quality of the ecological environment at a new historical starting point.
He urged Japanese enterprises and institutions to take an active part in China’s energy conservation and environmental protection and work together to promote green and sustainable development.
China and Japan should strengthen policy communication and coordination, deepen bilateral practical cooperation, jointly explore the international market and boost people-to-people exchanges and cooperation, so as to deepen cooperation in energy conservation and environmental protection, he added.
Attendants held discussions on energy saving, circular economy, development of intelligent vehicle and new energy vehicle, clean coal technology and coal-fired power generation, as well as China-Japan long-term trade.
The two sides inked 26 cooperation projects in various areas, including energy saving, circular economy, pollution prevention and control, hydrogen energy and green technology innovation.
The China-Japan Comprehensive Forum on Energy Saving and Environmental Protection, first held in 2006, has seen agreement achieved on a total of nearly 400 cooperation projects and provides a good platform for enterprises, research organizations and local governments of the two countries to enhance cooperation.
Source: Xinhua
Posted in 13th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection, China alert, Chinese embassy, cooperation, deals, energy saving, Environmental protection, Japan, Japan-China Economic Association, Ministry of Commerce, Ministry of Economy, Trade and Industry, National Development and Reform Commission, sign, Tokyo, Uncategorized |
Leave a Comment »
03/12/2019
A staff member walks past pipelines in the gas-distributing and compressing station of the China-Russia east-route natural gas pipeline in the city of Heihe, the first stop after the Russia-supplied natural gas enters China, northeast China’s Heilongjiang Province, Nov. 19, 2019. The China-Russia east-route natural gas pipeline was put into operation on Monday. The pipeline is scheduled to provide China with 5 billion cubic meters of Russian gas in 2020 and the amount is expected to increase to 38 billion cubic meters annually from 2024, under a 30-year contract worth 400 billion U.S. dollars signed between the China National Petroleum Corp (CNPC) and Russian gas giant Gazprom in May 2014. The cross-border gas pipeline has a 3,000-km section in Russia and a 5,111-km stretch in China. (Xinhua/Wang Jianwei)
HARBIN, Dec. 2 (Xinhua) — The China-Russia east-route natural gas pipeline was put into operation on Monday.
At the gas-distributing and compressing station in the city of Heihe, northeast China’s Heilongjiang Province, the data screen was switched on, indicating parameter variations of the gas passage. The station is the first stop after the Russia-supplied natural gas enters China.
The pipeline is scheduled to provide China with 5 billion cubic meters of Russian gas in 2020 and the amount is expected to increase to 38 billion cubic meters annually from 2024, under a 30-year contract worth 400 billion U.S. dollars signed between the China National Petroleum Corp (CNPC) and Russian gas giant Gazprom in May 2014.
The cross-border gas pipeline has a 3,000-km section in Russia and a 5,111-km stretch in China.
Shao Hua, general manager of Heihe City Natural Gas Development Co., Ltd. of China Gas, said that the border city of Heihe still largely relies on coal for heat. With the Sino-Russian natural gas pipeline’s operation, the city now has access to a stable supply of clean energy.
Heihe has registered 30,000 households for switching to natural gas for heating. It will take one year to complete full coverage of the gas network in the city, according to the company.
China’s natural gas consumption reached 280.3 billion cubic meters in 2018. The country’s demand for natural gas will continue to soar toward 2040, outstripping domestic output by around 43 percent, according to an International Energy Agency report.
China aims to raise the use of natural gas to 10 percent of the country’s energy mix by 2020 and 15 percent by 2030, said the National Development and Reform Commission.
Source: Xinhua
Posted in China Gas, China National Petroleum Corp (CNPC), China-Russia, east-route, Gazprom, Heihe, Heihe City Natural Gas Development Co., Ltd, Heilongjiang province, International Energy Agency, National Development and Reform Commission, Natural gas, operation, pipeline, Uncategorized |
Leave a Comment »
06/11/2019
- French leader calls for restraint and says he raised the topic ‘on several occasions’ during his visit
- Two sides find common ground on need to defend free trade and fight climate change as Donald Trump starts process of pulling US out of Paris Climate Agreement
Xi Jinping and Emmanuel Macron at a welcome ceremony ahead of their talks in Beijing on Wednesday. Photo: AFP
French President Emmanuel Macron said he raised human rights and the Hong Kong situation during his talks with his Chinese counterpart Xi Jinping on Wednesday.
Macron’s visit to China concluded with pledges to work together on climate change, but the French leader also said he also called for a de-escalation of the situation in the city through dialogue after months of protests.
Macron, who had promised to raise “taboo” topics during the visit, told a press conference: “I obviously raised this with President Xi Jinping on several occasions.
“We have repeatedly called on the parties involved to [engage in] dialogue, to show restraint, to de-escalate.”
The discussion followed Xi’s meeting with Hong Kong’s embattled Chief Executive Carrie Lam Cheng Yuet-ngor in Shanghai on Monday, where he expressed “high trust” in her and “fully affirmed” support for her response to the unrest that has gripped the city since June.
Earlier the French and Chinese leaders had restated their commitment to protect free trade and pledged their continued support for the Paris Agreement as the United States begins the process of formally withdrawing from the global climate deal.
Macron expressed “regret” over “some countries’ negative attitude” towards environmental protection and the fight against climate change and pledged to work with China to halt the loss of biodiversity.
The French president’s office also released a statement on Wednesday that reaffirmed France and China’s joint support for the “irreversible” Paris Agreement.
Macron points to common ground with China on tariffs and climate action
With the European Union, China and Russia backing the pact, he added, “the isolated choice of one or another is not enough to change the course of the world. It only leads to marginalisation.”
The two countries also agreed to work together to develop joint nuclear power projects and signed a series of contracts worth US$15 billion.
The deals covered aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China.
An additional action plan released after the talks said French utility giant EDF and China General Nuclear Power should be encouraged to cooperate on projects in China or third countries, citing the joint efforts by the two companies to build nuclear reactors at the Hinkley Point C station in Britain as an example.
The two sides also committed to signing a contract for the construction of a nuclear fuel recycling plant in China, which would involve French energy giant Orano, by January 31.
Xi took what appeared to be a veiled swipe at the United States, which is still embroiled in a protracted trade war and other confrontations with Beijing.
“We advocate for mutual respect and equal treatment, and are opposed to the law of the jungle and acts of intimidation,” Xi said.
“We advocate for openness, inclusion and for mutually beneficial cooperation, and are opposed to protectionism and a zero-sum game.”
Macron said China and the European Union should work in partnership as the world became more unstable, calling on the two sides to further open up market access.
“We call again for trade multilateralism to respond to distortions that have appeared in the global economy, which have led to a profound rise in inequalities and imbalances that explain the surge of challenges to the international systems,” he said.
“China and Europe also share the same views that the trade war only leads to loss.”
Macron kicks off China visit with deal to protect wine and cheese from counterfeiting
Chinese state news agency Xinhua said the two countries agreed to work together to push forward with plans to assemble Airbus’s A350 model in China.
Meanwhile, Beijing Gas Group and French utility firm Engie will collaborate on a liquefied natural gas terminal and storage in the northern city of Tianjin, while France’s Total will set up a joint venture with China’s Shenergy Group to distribute liquid nitrogen gas by truck in the Yangtze River Delta.
The two countries also agreed to reach an agreement by the end of January 2020 on the cost and location of a nuclear fuel reprocessing facility to be built by Orano, formerly known as Areva.
Wu Libo a professor and director of the Centre for Energy Economics and Strategies Studies at Fudan University, said there was “great potential” for further cooperation between the two countries on nuclear energy.
“France has many useful experiences in the operation and management of nuclear power plants and its plants have long-term safe and stable operation records,” she said.
The two sides agreed to work together on joint nuclear power projects. Photo: AP
Jiang Kejun, a senior researcher at the Energy Research Institute of China’s National Development and Reform Commission, said China’s cooperation with France would add credibility to potential third-country projects.
“China has advanced third-generation technology but it’s still a new member in the nuclear power market, while France has developed nuclear energy for a long time, and its EPR reactors – a technology designed and developed in France – are in business operation,” he said.
Jiang said possible markets for the joint projects included Argentina and India, while some Middle Eastern states – such as Saudi Arabia and Qatar – had expressed interest in nuclear energy.
China’s ambassador hits out at Macron’s team for backing ‘hypocritical’ EU stance on Hong Kong
Tong Jiadong, professor of international trade at Nankai University, said that the deals between the two sides helped show that France and China could work together to counteract US unilateralism.
“Objectively speaking, this will form, or at least imply, an opposition to US unilateralism,” Tong said. “China hopes the cooperation between these two countries produces demonstrable effects for other EU member states.”
Ding Chun, a professor of European Studies at Fudan University, said he did not think the EU wanted to “choose a side” between the US and China.
But Ding continued: “If we are talking about free trade and multilateralism, there’s no doubt that the EU and China share a common view and can balance Donald Trump’s unilateralism.”
Source: SCMP
Posted in Airbus’s A350, Areva, Argentina, Beijing, Beijing Gas Group, calm, Carrie Lam Cheng Yuet-ngor, Centre for Energy Economics and Strategies Studies, Chief Executive, China alert, China’s Shenergy Group, Chinese leader Xi Jinping, Energy Research Institute, Engie, EPR reactors, EU, Europe, European Studies, European Union, French, French President Emmanuel Macron, Fudan University, Hong Kong, India, Liquefied natural gas, liquid nitrogen gas, Middle Eastern states, multilateralism, Nankai University, National Development and Reform Commission, National Development and Reform Commission (NDRC), nuclear energy, nuclear fuel reprocessing facility, nuclear power projects, Orano, Paris climate agreement, President Donald Trump, Qatar, Russia, Saudi Arabia, Shanghai, situation, talks are needed, terminal and storage, Tianjin, Uncategorized, unilateralism, United States, utility firm, welcome ceremony, Yangtze River Delta, zero-sum game |
Leave a Comment »
04/11/2019
- Latest measures grant island’s people and enterprises more equal treatment with their mainland counterparts
- Package in March last year was dismissed by Taiwan’s Mainland Affairs Council as an attempt to buy political support
Taipei’s elections in January could influence the tone of cross-strait relations. Photo: EPA-EFE
Beijing announced a series of sweeteners for Taiwanese businesses and individuals on Monday – including participation in its 5G research and allowing Taiwanese to use mainland consular services – only two months before
Taiwan’s critical presidential election.
The latest 26 measures drawn up by 20 government departments, including the State Council’s Taiwan Affairs Office and the National Development and Reform Commission, are designed to attract more Taiwanese to live and work in mainland China, despite worsening cross-strait relations.
But Taiwan’s Mainland Affairs Council criticised the move as an attempt by the Chinese Communist Party to “divide Taiwan internally, and was a further reflection of attempts to try to interfere in and influence Taiwan’s election”.
It follows a similar package of 31 measures unveiled by Beijing in March last year, which included tax incentives, preferential land-use policies for Taiwanese businesses on the mainland and benefits for Taiwanese individuals in studying or living on the mainland.
Taiwan charges pro-Beijing politicians with accepting mainland cash
The latest measures to grant Taiwan-funded enterprises more equal treatment with their mainland counterparts include offering access to research and development in 5G technology, investment in passenger and cargo air services, the establishment of microlending and financing companies and the right to apply for financial guarantees from local government funds.
Taiwanese individuals will also be officially entitled to mainland Chinese consular protection abroad, will be treated the same as their mainland counterparts when buying residential property on the mainland, and will be able to train in Beijing for the 2020 Olympic Games.
Beijing claims sovereignty over self-ruled Taiwan, and has not renounced the use of force to take the democratic island into its fold. Beijing’s ruling Communist Party has stressed its intention to promote “peaceful reunification”, pledging in its communique from the
fourth plenary meeting of the party’s elite last week to “deepen cross-strait integration and development” while opposing Taiwanese independence.
The latest measures from Beijing came ahead of Taiwan’s presidential and legislative elections in January. Relations across the Taiwan Strait have been frozen under the administration of independence-leaning Taiwanese President, ostensibly over her refusal to accept the “1992 consensus”, or the understanding that there is only “one China” – something that Beijing considers a prerequisite for any talks with Taipei.
Taiwan’s Mainland Affairs Council said on Monday that the roll-out of the 26 measures one year later was intended to “cover up” the fact that the 31 measures had not been executed properly, and reflected administrative problems on the mainland amid slowing economic growth.
“Even more than that, it also reflects that during this period Taiwanese people have rejected ‘one country, two systems’ and do not agree with the results of the Communist Party’s united front divisions,” the council said.
“We urge the Communist Party officials to specifically implement protections for Taiwanese businesses and Taiwanese people in their investments and lives.”
Joseph Wu, Taipei’s foreign minister, also responded with a tweet written in simplified Chinese – which is used on the mainland – rather than the traditional Chinese used in Taiwan.
“China’s Taiwan Affairs Office came out with 26 measures and last year there were 31 – it looks like there are so many measures,” he wrote. “But we in Taiwan do not need one country, two systems, so there is really no need to be so polite. Giving your people more freedom is also good!”
Ongoing
anti-government protests in Hong Kong – which is semi-autonomous from Beijing under the one country, two systems model – have highlighted for many Taiwanese voters the threat from Beijing to the island’s sovereignty.
The latest polling by the MAC found that 89 per cent of respondents opposed the one country, two systems framework that Beijing proposed for Taiwan, up from 75 per cent in a similar survey in January.
Edward I-hsin Chen, a political-science professor at Chinese Culture University in Taipei, said the impact of the 26 measures on the election would depend on how they were implemented, but that one country, two systems was clearly not palatable for Taiwanese voters, whether they supported Tsai’s Democratic Progressive Party (DPP) or the mainland-friendly Kuomintang (KMT).
“Taiwan, of course, will not accept one country, two systems, so these policies will need to be more long-term. Mainland officials did not handle the Hong Kong issue very well, so it will be very hard for one country, two systems in Taiwan – blue and green will both reject it,” he said, referring to the party colours for the KMT and DPP. “But it is good for Taiwanese people and businesses to be able to take part in the 5G sector, and there will be more cooperation in the future.”
Lin Chingfa, former chairman of the Beijing-based Association of Taiwan Investment Enterprises, said he believed the new measures were intended to appeal to Taiwanese youth.
“A very important direction for cross-strait cooperation nowadays is to bridge the opportunities available in mainland China for young people who feel deprived from the slow Taiwanese economy. Some of these policies should be especially appealing to them because it shows that the country hopes to make it more convenient for young Taiwan people willing to come,” Lin said.
He said this approach was especially obvious in the measures that were introduced to provide equal treatment for Taiwan people on the mainland – for example the opportunities for Taiwan people to apply for scholarships and the expansion of places for Taiwanese students at universities.
Source: SCMP
Posted in 5G research, 5G technology, anti-government protests, Association of Taiwan Investment Enterprises, Beijing, cargo air services, China’s State Council, chinese communist party, Chinese Culture University, Democratic Progressive Party (DPP), Election, extends, Hong Kong, Mainland Affairs Council, microlending and financing companies, National Development and Reform Commission, National Development and Reform Commission (NDRC), ne country, two systems model, one China, One country, two systems, passenger air services, presidential, sovereignty, State Council Taiwan Affairs Office, Sweeteners, Taipei, Taiwan Affairs Office, Taiwan’s, Taiwanese, Taiwanese President, Uncategorized |
Leave a Comment »
14/10/2019
Nepali President Bidya Devi Bhandari hosts a grand farewell ceremony for Chinese President Xi Jinping at the airport in Kathmandu, Nepal, Oct. 13, 2019. Nepali Vice President Nanda Bahadur Pun, Prime Minister K.P. Sharma Oli, Chairman of the National Assembly Ganesh Prasad Timilsina, cabinet members and senior army generals also attended the ceremony. Chinese President Xi Jinping returned to Beijing from Kathmandu on Sunday. (Xinhua/Gao Jie)
BEIJING, Oct. 13 (Xinhua) — Chinese President Xi Jinping returned to Beijing Sunday evening after his second informal meeting with Indian Prime Minister Narendra Modi in India and a state visit to Nepal.
Xi’s entourage, including Ding Xuexiang, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, member of the Secretariat of the CPC Central Committee, and director of the General Office of the CPC Central Committee; Yang Jiechi, member of the Political Bureau of the CPC Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee; State Councilor and Foreign Minister Wang Yi; and He Lifeng, vice chairman of the National Committee of the Chinese People’s Political Consultative Conference and head of the National Development and Reform Commission, also returned to Beijing on the same plane.
As Xi and his entourage were leaving Kathmandu on Sunday noon local time, people of Nepal flocked to both sides of a road leading to the airport, waving flags and playing music to see the Chinese guests off.
Nepali President Bidya Devi Bhandari hosted a grand farewell ceremony for Xi at the airport. Nepali Vice President Nanda Bahadur Pun, Prime Minister K.P. Sharma Oli, Chairman of the National Assembly Ganesh Prasad Timilsina, cabinet members and senior army generals also attended the ceremony, which featured a 21-gun salute and the playing of national anthems of China and Nepal.
Calling his visit to Nepal a “very successful” one, Xi told Bhandari that upon his arrival, he had been warmly welcomed by the Nepali government and people.
Xi said he was convinced that the China-Nepal friendship enjoyed lasting popularity among the two peoples and will be unbreakable.
Expressing his appreciation for the arrangements made by the Nepali president, government and people, Xi said he was very satisfied with the visit that had resulted in the upgrading of bilateral relations.
He called for joint efforts to further develop the friendly relations between the two countries.
Bhandari said Xi’s successful and fruitful visit has become a milestone in the history of bilateral ties.
The Nepal-China relationship has entered a new era and stepped on a new height, Bhandari said, adding that Nepal will resolutely work with China to promote friendly and good neighborly relations and strategic cooperative partnership.
Source: Xinhua
Posted in 21-gun salute, Airport, attended, Beijing, cabinet members, ceremony, Chairman of the National Assembly, China alert, China-Nepal friendship, Chinese President Xi Jinping, Chinese State Councilor and Foreign Minister Wang Yi, Ding Xuexiang, director of the Office of the Foreign Affairs Commission of the CPC Central Committee, flags, Ganesh Prasad Timilsina, General Office of the CPC Central Committee, He Lifeng, Indian Prime Minister Narendra Modi, Kathmandu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, member of the Political Bureau of the CPC Central Committee, member of the Secretariat of the CPC Central Committee, music, Nanda Bahadur Pun, national anthems, National Committee of the Chinese People's Political Consultative Conference, National Committee of the Chinese People's Political Consultative Conference (CPPCC), National Development and Reform Commission, National Development and Reform Commission (NDRC), Nepal, Nepali President Bidya Devi Bhandari, Nepali Vice President, Office of the Foreign Affairs Commission of the CPC Central Committee, Prime Minister K.P. Sharma Oli, senior army generals, State visit, strategic cooperative partnership, Uncategorized, Yang Jiechi |
Leave a Comment »
CHINDIA ALERT: You'll be living in their world, very soon 