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News from China
Mass pageantry showcases Chinese nation's great rejuvenation
1st October 2019

 The third part of a mass pageantry celebrating the 70th anniversary of the founding of the People's Republic of China highlighted the Chinese nation's great rejuvenation with 18 formations marching through the Tian'anmen Square in central Beijing Tuesday.

 
At the center of the leading formation was a giant portrait of Xi Jinping.
 
Since the 18th Communist Party of China (CPC) National Congress, the CPC Central Committee with Comrade Xi Jinping at the core has led all Party members and the Chinese people of all ethnic groups in a concerted effort to carry out a great struggle, develop a great project, advance a great cause and realize a great dream, established Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and pushed for historic achievements and shifts in the cause of the Party and the country, said an official narrator of the pageantry.
 
"Socialism with Chinese characteristics has entered a new era. The Chinese nation has made a great leap from standing up to growing rich and to becoming strong," said the narrator.
 
A formation highlighting technological innovation followed, showing many of China's world-renowned projects including the high-speed railway, space lab and deep-sea submersible.
 
Three floats mimicked a high-speed train Fuxing, or "rejuvenation" in Chinese.
 
Other formations featured the country's regional coordinated development strategies, rural vitalization efforts, democracy and the rule of law, ethnic unity, and Chinese culture.
 
A float highlighting the 2022 Beijing Winter Olympics passed the Tian'anmen Square, showing the country's strength in sports, followed by formations demonstrating the country's poverty alleviation achievements and environmental protection practices.
 
A float in the shape of a Chinese mythical giant bird Kunpeng drove by, showing the soaring momentum of the Chinese nation. Floats representing the country's provinces, autonomous regions, municipalities, Hong Kong, Macao and Taiwan followed.
 
Then came a formation underscoring a community with a shared future for humanity, which featured Chinese and foreign youth joining hands. The formation also highlighted the Belt and Road Initiative.
 
The next formation demonstrated the CPC's sweeping victory in the fight against corruption, highlighting remarkable outcomes in full and strict governance over the Party.
Source: Shanghai Daily, October 1, 2019
Jade Dynasty' leads Chinese mainland box office
30th September 2019

 

 
Domestic fantasy film "Jade Dynasty" returned to the top of the Chinese mainland box office on Sunday, the China Movie Data Information Network said Monday.
 
It grossed about 7.1 million yuan (US$1 million) and had a total box office revenue of more than 400 million yuan in 18 days of screening, the network showed.
 
Telling a story of a brave young man who strives to change his own destiny, the film had dominated the Chinese mainland box office for a week after its debut on September 13.
 
The Chinese historical film "Mao Zedong 1949" ranked second, with a daily box office revenue of more than 6.72 million yuan.
 
It was followed closely by the comedy "The Last Wish," which raked in nearly 6.72 million yuan Sunday and accumulated 266 million yuan of earnings in 18 days of screening.
 
Three films in celebration of the 70th founding anniversary of the People's Republic of China, namely "The Climbers," "The Captain" and "My People, My Country," which premiered Monday, 
are expected to vie for the top position on the mainland box office charts during the National Day holiday from October 1 to 7. 
 
 
Source: September 30, 2019
Cabinet demands supervision of market prices
27th September 2019

 The State Council, China’s cabinet, Thursday called for strengthening the supervision of market prices and keeping prices stable to ensure that people’s basic living needs are met.

 
The government will ensure the overall price level to remain in a reasonable range this year, the State Council was quoted as saying after a regular meeting. It will accelerate the recovery of pork production capacity, boost imports and tap state reserves, the cabinet said.
 
Chinese authorities announced Thursday plans to release more pork from its central reserves to ensure market supply for the upcoming National Day Holiday.
 
Gao Feng, spokesperson for the Ministry of Commerce, said that 10,000 tons of pork will be released from reserves to brace for a spike in demand during the seven-day holiday.
 
Meat supply is now generally sufficient and price is going stable, said Gao.
 
The move came after another 10,000 tons of pork was released from the central reserve last Thursday, putting the total amount of pork released since the beginning of this month at 20,000 tons.
 
A total of 2,400 tons of reserve beef and 1,900 tons of reserve mutton have also been released into the market over the same period.
 
Gao said the MOC will continue to monitor price curves and supply-demand dynamics of the pork market and prepare for future releases to shore up meat supply.
Source: Shanghai Daily, September 27, 2019
China makes progress in promoting sustainable economic growth, employment
26th September 2019

 China has made positive progress in promoting inclusive and sustainable economic growth, full and productive employment and decent work for all, according to a report from the Ministry of Foreign Affairs.

 
The country's economic operations are kept within a reasonable range, its economic structure is continuously optimised, and new momentums of development emerge and grow rapidly, according to the report, titled China's Progress Report on Implementation of the 2030 Agenda for Sustainable Development (2019).
 
While the economy maintains a medium-to-high growth and contributes nearly 30 percent to world economic growth, supply-side structural reforms have been sped up, said the report.
 
From 2016 to 2018, the iron and steel production capacity was reduced by over 150 million tonnes and coal production capacity was reduced by over 810 million tonnes. Resolute actions have been taken to dispose of the "zombie enterprises."
 
The service industry has become a main driving force of economic growth, and the growth of high-tech and equipment manufacturing sectors is obviously faster than that of general industry, according to the report.
 
Meanwhile, China has steadily promoted the employment of key groups, with its registered urban unemployment rate at 3.8 percent in 2018, the lowest in years.
 
Comprehensive measures have been taken to promote employment for graduates of vocational schools and to strengthen employment security, support and training for the disabled, the report said.
 
China has also strengthened policy implementation and law enforcement to protect the legitimate rights and interests of workers. By the end of 2018, 1.75 million collective contracts involving 155 million employees had been considered valid upon review by human resources and social security departments nationwide.
 
However, the report noted that the Chinese economy now faces increasing downward pressure, with overall employment still under great pressure and confronted with prominent structural contradictions.
 
In future, China will focus on the following priorities: to innovate and improve the approaches of macro-control and maintain a stable and healthy economic development, to stick to the employment-first strategy and implement a more proactive employment policy, and to further develop and optimise an environment conducive to entrepreneurship and innovation.
 
The country will also deepen international cooperation to assist developing countries in economic and trade development, especially the least developed ones, according to the report.
Source: Shanghai Daily, September 26, 2019

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