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News from China
Spring Festival becomes bridge for cultural exchange between China, world
12th February 2016

As Chinese at home and abroad are celebrating the Spring Festival, or the Lunar New Year, people around the globe also take it as an opportunity to learn more about the Chinese culture and tradition.

The Spring Festival this year, which fell on Feb. 8, marks the beginning of the Year of the Monkey, according to the Chinese zodiac that assigns one of 12 animals, either real or mythological, to each year.
In other countries, the most festive season in China has also become a bridge for cultural exchange with the Asian giant.
On Tuesday, the Chinese Lunar New Year festivity filled the air at the Lincoln Center when the New York Philharmonic, which started the tradition to host an annual Lunar New Year concert in 2012 to celebrate the cultural heritage of China and honor the Chinese-American community, was playing classical pieces by Chinese composers.
What stunned the audience most was the final piece, also the New York premier of Chinese composer Tan Dun's symphony "Nu Shu: The Secret Songs of Women". It was not just a multi-layered symphony with sheer sonic grandeur and a triumphant finale, but an audiovisual masterpiece aimed at preserving a disappearing ancient language used exclusively by some women in south central China's Hunan Province.

According to official statistics, China's Ministry of Culture has organized more than 800 events to celebrate last year's Spring Festival in over 320 cities in 118 countries and regions.
China has so far established 25 cultural centers abroad, in a bid to promote the Chinese culture and strengthen cultural exchange and cooperation with other countries.
In November 2015, Chinese President Xi Jinping and Singaporean Emeritus Senior Minister Goh Chok Tong unveiled the China Cultural Center during a visit to the city state, which shares cultural roots and maintains close relations with China as a predominantly ethnic Chinese society.
Phua Kok Khoo, president of Singapore's China Friendship Association, spoke highly of China's efforts in promoting its culture and tradition.
From China's traditional thoughts of "peaceful coexistence" and "seeking harmony in diversity", Xi has proposed such ideas as peaceful development and win-win cooperation to handle international issues, said Phua, who was invited to a welcoming dinner for the Chinese president.
With the promotion of the Chinese tradition and culture, China has clearly shown the whole world its future direction of development, he said.
Source: Xinhua
EU launches public consultation for granting China market economy status
11th February 2016

The European Union (EU) launched a public consultation concerning whether to grant China the market economy status (MES) on Wednesday, seeking inputs for its in-depth assessment of the status-changing on the bloc's economy.

Open for 10 weeks, the online consultation was about the methods used in the EU's "anti-dumping" procedures on imported Chinese product, as the current measures are set to expire in December, said the European Commission, the EU's executive body, in a statement.
The Commission was currently carrying out a "comprehensive" assessment on the economic effects of changing the treatment of China as a market economy in its "anti-dumping investigations."
The current rules the EU adopted to calculate dumping margins on Chinese product, which based on that China was not considered a market economy in anti-dumping proceedings, will expire on Dec. 11, according to rules of the WTO.
The Commission was set to offer a proposal to the European Council and the European Parliament on whether to grant China MES before the deadline.
Since the EU has not regarded China as a market economy, China has fallen victim to some unfair and discriminatory EU practice.
Under the current EU anti-dumping investigations against China, the assessment is based on a comparison of the export price with that in a "surrogate country" with MES, instead of the domestic price of the product in question.
So far, over 80 economies, including Russia, New Zealand, Singapore and Australia, have recognized China's status as a market economy.
Source: Xinhua
China to further cut government funds for public financial relief
10th February 2016

China will further cut government funds to reduce financial burden on the public, according to the Ministry of Finance (MOF).

The government cut, streamlined and optimized a total of 13 government funds in early February. Moves of such kind will reduce financial burdens worth 26 billion yuan (3.96 billion U.S.dollars) for enterprises and individuals this year.
Government funding is set up to support public infrastructure development and public services by charging enterprises and individuals.
The government has been cutting unnecessary government funds in recent years, whose number fell from 327 items in 2000 to 28 items now.
China will also cut illegal funds set up by local governments this year, according to Shi Yaobin, deputy head of MOF.
Source: Xinhua
Less festive fireworks in big citie
9th February 2016

The remains from fireworks set on the lunar new year eve were significantly reduced in Beijing, the city's sanitation office said Monday.

Nearly 2,000 sanitation workers cleaned up 413 tonnes of fireworks debris in the 24 hours from 6 a.m. Sunday on, about 34 percent less compared with that last year.
Statistics showed a decrease in firework sales for five consecutive years in Beijing due to people's rising awareness of environment.
Shanghai reported about 34 tonnes of fireworks debris, most of them in suburban areas, after a fireworks ban within the urban area took effect on Jan. 1.
Due to a similar ban, Hangzhou, capital of Zhejiang Province, also saw less firework trash, only 11.4 tonnes compared with 90 tonnes and 225 tonnes in 2015 and 2014, respectively.
Source: Xinhua

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