Telegraph

7x24 real-time news feed, auto refreshBeijing Time:

B
[Yunnan: Creating an Economic Belt Along the China-Laos Railway] On September 30, the Yunnan Provincial People’s Government issued the “15th Five-Year Plan for Regional Coordinated Development of Yunnan Province”. It pointed out that the economic belt along the China-Laos railway should be created. Promote the improvement and expansion of the quality and capacity of the "golden corridor" of the China-Laos railway. Implement the China-Laos Railway (Yuxi to Mohan Section) capacity improvement project. With the China-Laos railway as the main axis, we will open up bottlenecks and dead ends along the route, accelerate the construction of surrounding rail, road, water and air transport networks, and coordinate the layout of power, communications and other infrastructure. Implement port capacity expansion and efficiency enhancement actions to collaboratively improve customs clearance capabilities at Mohan, Daluo, Menglian and other ports. Accelerate the construction of the Kunming assembly center and Yuxi node city for China-Europe (Asia) trains, improve the air-rail combined transport network and logistics hub collection and distribution system, support the normal operation of the "Kunming Dry Port" and "Lanmei-Yunnan" sea-road-rail international multimodal transport trains, and cultivate international multimodal transport brands such as China, Laos and Thailand. Promote the efficient connection of the China-Laos Railway with the Chongqing-Kunming, Shanghai-Kunming, Yunnan-Guangxi and other railways, and build a major channel connecting the Chengdu-Chongqing twin-city economic circle, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area and other countries in the Indo-China Peninsula via Yunnan. Build a characteristic industrial belt along the China-Laos railway. Using logistics hubs along the line as nodes, vigorously develop multimodal transport, cold chain logistics, cross-border e-commerce and other modern logistics, and promote the distribution of goods and the agglomeration of enterprises. Relying on the characteristic agriculture and biological resources of the plateau along the line, we will strengthen rubber deep processing, modern forest products industry, tea, coffee, specialty food and other industries, and cultivate special industries such as biomedicine (Dai medicine) and biomass energy. Encourage development zones along the line to make good use of the benefit-sharing mechanism, innovatively carry out cross-regional industrial coordination and cooperation, accurately undertake the transfer of eastern industries, make full use of "two markets and two resources" at home and abroad, and collaboratively create advantageous industrial clusters.
B
[Li Qiang attended the launch ceremony of the 5th Global Digital Trade Expo and delivered a speech] Premier Li Qiang of the State Council attended the launch ceremony of the 5th Global Digital Trade Expo in Hangzhou on the morning of September 24 and delivered a speech. Li Qiang said that the Digital Trade Fair has become an important platform to promote global digital economic cooperation. As President Xi Jinping pointed out, digital technology is increasingly integrated into the entire process of economic and social development in all fields, profoundly changing production methods, lifestyles, and social governance methods. Where will global trade go in the wave of digitalization? How should the international community follow this trend? What role can China play in this? Let me share some thoughts with you. First, gain insight into new changes and trends in international economic and trade development through digital trade. The vigorous rise of digital trade has brought new impetus and opportunities. The world economy has ushered in a vast blue ocean. The market docking of various countries has become more convenient, and global trade has accelerated innovation and development. Along with this, some problems and challenges such as new development differentiation, new economic and trade barriers, and new lack of rules have become more prominent and complex. Second, promote better development of global trade in the digital era with an open mind. In the face of the trend of economic globalization, the international community should cooperate sincerely. We need to strengthen digital connectivity and promote freer trade. Resolutely promote the docking and mutual recognition of standards and promote organic coordination among the markets of various countries. We need to bridge the digital divide and promote more inclusive trade. Strengthen North-South cooperation in the field of digital trade and increase support for developing countries in technology, infrastructure, personnel training and other aspects. It is necessary to improve digital governance and promote more orderly trade. Respect the actual conditions of each country, make better use of the role of the WTO and other mechanisms, accelerate consultations on digital trade and other rules, oppose camp-based and exclusive arrangements, strive to find the greatest common denominator, and build a fair and reasonable economic and trade order. Third, China will contribute more to global digital trade with practical actions. We will continue to expand digital consumption demand, implement digital consumption promotion actions, further promote "artificial intelligence + consumption", further relax market access, optimize cross-border e-commerce retail import policies, and share market opportunities with other countries. We will continue to consolidate support for the digital industry, accelerate the construction of a modern industrial system, strengthen international exchanges and cooperation in the digital field, and empower the global digitalization process. China's technological development such as artificial intelligence adheres to the open source and open approach, building a "digital ladder" that all countries can climb. We will continue to optimize the digital development environment, strengthen digital trade standardization, improve basic data systems and regulatory models, promote digital trade investment cooperation, and contribute Chinese solutions to improve international rules. Malaysian Prime Minister Anwar, Kyrgyzstan Prime Minister Kasemaliyev and others attended the launching ceremony and delivered speeches. Director General of the United Nations Industrial Development Organization Muller and others delivered a video speech. More than 1,200 representatives from nearly 50 countries and regions and relevant international organizations attended the launching ceremony. Foreign leaders said in their speeches that the Digital Trade Fair has established a valuable platform for countries to discuss and cooperate together, promote development and share results. We thank China for sharing its development achievements with other countries, and look forward to working with China to bridge the digital divide, jointly build a global digital trade order that is fair, virtuous, safe and beneficial to all, and continuously inject new momentum into the world's sustainable development. Before the launching ceremony, Li Qiang toured the museum together with the foreign leaders attending the meeting. Wu Zhenglong participated in the above activities. (Xinhua News Agency)
B
[The "15th Five-Year Plan" for the Development of Guangxi's Financial Industry was issued: Promote the cross-regional use of RMB for ASEAN] On September 19, the General Office of the People's Government of the Guangxi Zhuang Autonomous Region issued the "15th Five-Year Plan for the Development of Guangxi's Financial Industry", which stated that it will promote the cross-regional use of RMB for ASEAN. Improve the use of RMB in cross-border trade. Focus on expanding the use of RMB in areas such as bulk commodity trade, cross-border e-commerce, and border trade. Promote Guangxi to use more RMB for settlement in cross-border industrial chain supply chain cooperation with ASEAN. Explore the application of digital renminbi in cross-border settlement. Support the development of online RMB settlement of cross-border trade. Support qualified banks within the jurisdiction to lend RMB funds to ASEAN peers. Improve the use of RMB in cross-border investment and financing. Promote “online filing + instant settlement” for domestic enterprises’ investment and financing in RMB in ASEAN. Build a digital RMB trade investment and financing center for ASEAN. Promote the facilitation of RMB cross-border capital flows, innovatively support local enterprises in Guangxi to carry out direct investment, cross-border financing and other businesses in ASEAN in RMB, and encourage ASEAN enterprises to use RMB to invest and start businesses in Guangxi. Deepen cross-border financial market cooperation with ASEAN. Promote ASEAN commercial banks to access the Chinese inter-bank bond market and support the Chinese branches of ASEAN commercial banks to participate in the interbank lending market. Support the introduction of more regional trading varieties of RMB against currencies of ASEAN countries in the inter-bank market, and explore and improve the quotation and trading system of RMB against Vietnamese Dong. Support Guangxi financial institutions in establishing RMB agency banking relationships with financial institutions in ASEAN countries.
B
[The 14th meeting of the China-Tajikistan Intergovernmental Economic and Trade Cooperation Committee was held in Dushanbe] On September 18, Ling Ji, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations, and Abdullah Monzoda, Minister of Economic Development and Trade of Tajikistan, co-chaired the 14th meeting of the China-Tajikistan Intergovernmental Economic and Trade Cooperation Committee in Dushanbe. Ling Ji said that the two heads of state held a meeting in May this year to chart the direction for deepening cooperation in various fields. China is willing to work with Tajikistan to actively implement the China-Tajikistan Economic and Trade Cooperation Plan before 2030 and accelerate the cultivation of new business formats such as service trade, digital trade, and cross-border e-commerce. Welcome Taifang products to enter the Chinese market. Promote the new version of the China-Tajikistan Investment Agreement to empower investment cooperation, explore the potential for cooperation in green minerals, clean energy, digital economy, connectivity and other fields, and encourage flexible and diverse investment and financing cooperation. To expand economic and trade exchanges between border areas, it is hoped that the Tajik government will provide a fair, transparent and legal business environment for Chinese-funded enterprises. Strengthen cooperation under the China-Central Asia mechanism and promote trade and investment liberalization and facilitation.
B
[Ministry of Commerce: Urges France to immediately stop using the Anti-Ultra-Fast Fashion Law to infringe upon the legitimate rights and interests of Chinese-funded enterprises] September 10th, in response to the statement that "French officials recently stated that the French Anti-Ultra-Fast Fashion Law is not discriminatory and targeted, and its main purpose is to protect the environment and consumers." The spokesperson of the Ministry of Commerce responded at a regular press conference held today (September 10). China urges France to face up to China's position and immediately stop using the "Anti-Ultra-Fast Fashion Law" to infringe upon the legitimate rights and interests of Chinese-funded enterprises. Ministry of Commerce spokesperson Huang Ling said that China believes that the "Anti-Super Fast Fashion Law" and its implementation details, in the name of environmental protection and sustainability, actually discriminatory restrictions and suppression of Chinese-funded cross-border e-commerce companies by setting clearly directional standards and parameters will seriously distort fair competition. France's actual practices have gone beyond the scope of environmental protection and have obvious trade protectionism overtones. China has expressed serious concerns to France on many occasions. China has always opposed the abuse of economic and trade restrictive measures, and urges France to face up to China's position, immediately stop using the Anti-Super Fast Fashion Law to infringe on the legitimate rights and interests of Chinese-funded enterprises, and properly handle economic and trade differences through equal dialogue. China will pay close attention to subsequent developments and resolutely take necessary measures to safeguard the legitimate rights and interests of Chinese companies. (CCTV News)