The new Argentine government is looking to cooperate with China, Argentine Foreign Minister Diana Mondino told the Global Times in an exclusive interview on Monday.
She also said that the Belt and Road Initiative (BRI) is very important for Argentina, and the Argentine government will continue to maintain an open attitude toward foreign investment, including from China.
From April 27 to May 1, Argentina's Minister of Foreign Affairs, International Trade and Worship of Argentina, Mondino, visited China. This visit marked the first visit to China by Mondino since the current government took office, and it coincided with the 10th anniversary of the establishment of the comprehensive strategic partnership between China and Argentina.
China looks forward to further enhancing political mutual trust and opening up broader prospects for mutually beneficial cooperation through this visit, continuously enriching the content of the comprehensive strategic partnership between China and Argentina, and helping both countries achieve common prosperity and development, according to media reports.
Mondino told the Global Times that her visit to China is expected to enhance friendship with China and strengthen links in the economy, politics, diplomacy, and business.
Accompanying her on her visit to China were the President of the Central Bank of Argentina, the Vice Minister of Economy, and representatives from more than 20 Argentine companies, all of whom engaged in dialogues with Chinese partners.
She said that a series of meetings and agendas in China have been very successful. "Everybody is trying to foster these very good relations," she said.
According to Mondino, during this visit, she and her colleagues explained to China the economic and social changes Argentina is undergoing, as well as some measures taken by the new government over the last four months.
She stressed that Argentina is trying to further open up to foreign investment and the economy, while reducing inflation and the fiscal deficit.
She said that China is very cautious in its monetary policy and has been very successful in its openness to the outside world. Argentina hopes to continue to be China's trading partner and an investment destination, and the new government will seek deeper cooperation with China.
"The cooperation between Argentina and China is very good, very fast, and very expeditious," she said.
She also noted to the Global Times that Argentina's participation in the BRI is "really very important" for the country.
Argentina has a huge demand for infrastructure construction. In addition, there is potential for both countries to further strengthen cooperation in agriculture, and in the mining of minerals such as lithium, and in energy. She said that Chinese investments will receive fair and equal treatment in Argentina.
According to public information, China is currently Argentina's second-largest trading partner, accounting for 13.8 percent of Argentina's total foreign trade. China is also Argentina's third-largest export market and second-largest source of imports, accounting for 8 percent of Argentina's total exports and 19 percent of total imports. Chinese direct investment in Argentina is mainly concentrated in three major areas: infrastructure, energy, and the new energy industry.
During the interview, Mondino denied claims that "China-Argentina relations are at their worst historical time."
"Maybe (those people) do not understand Spanish," she jokingly told the Global Times. She mentioned that the bilateral trade volume between China and Argentina may have temporarily declined, mainly due to Argentina experiencing a severe drought, which has led to crop yields reduction and, consequently, exports to China.
However, overall, there are no issues in China-Argentina relations. "You should not believe everything you read."
The Argentine diplomat also stressed that Argentina has always firmly adhered to the one-China policy, and the new government will continue to uphold this policy.
China's steel sector, an important gauge of the national economy, is advancing toward high-quality development by optimizing its product structure, as reported by the China Iron and Steel Association (CISA) during a press conference addressing the first-quarter industry operation report.
Specifically, the proportion of high-end manufacturing steel, including automobiles, household appliances, and photovoltaics, increased from the 42 percent in 2020 to 48 percent in 2023, and has maintained a further upward trend since the beginning of 2024, according to the CISA.
The positive trend reflects a significant acceleration in the restructuring of the steel industry's operating structure, industry insiders noted.
Meanwhile, businesses are contending with multiple hurdles, including diminished market demand, declining steel prices, and escalating iron ore expenses. External factors, such as heightened scrutiny targeting the Chinese steel industry overseas, compound the profitability challenges faced by enterprises, the Global Times learned from the industry body.
Speaking at Tuesday's press conference, Jiang Wei, vice chairman and secretary general of the CISA, said that China's steel industry is embracing high-quality development which have borne positive results so far.
The optimization of steel-related product structures is accelerating in response to ever-growing demand from burgeoning industries such as car manufacturing, shipbuilding, home appliance production, as well as the wind and solar power sectors.
The production upgrade is reflected in the corresponding export volume. In the first quarter, China's high value-added product exports accounted for more than 35 percent, Jiang said.
Efforts are underway to enhance intelligence in steel production and management within the industry. According to a report by the CISA, surveyed companies have invested approximately 38.5 yuan per ton of steel in digital and intelligent transformation initiatives so far this year. This represents a notable year-on-year increase of 23.9 percent.
There were 40 percent of surveyed companies applying 3D visual simulation technology in their main production lines, another reflection of the industry digitalization and upgrade, according to the CISA.
In addition, domestic steel companies are actively pursuing green transformation, another key element of high-quality development. As of April 23, 2024, a total of 136 companies had either completed or partially completed ultra-low emission transformations and undergone assessment monitoring.
Challenges persist in China's steel industry, primarily stemming from a significant structural imbalance between market supply and demand. Difficulties also include declining steel prices and high iron ore prices, according to the CISA.
In the first quarter, the national crude steel production came to 257 million tons, a year-on-year decrease of 1.9 percent. Meanwhile, nationwide consumption of crude steel was 232 million tons, a decrease of 4.7 percent year-on-year, indicating a surplus in steel supply over demand.
National steel exports reached 25.8 million tons in the first quarter, marking a year-on-year increase of 30.7 percent, while the average export price stood at $789 per ton, reflecting a decline of 33.4 percent year-on-year, suggesting thinner profit margins for companies despite strong demand overseas.
Meanwhile, the high price of iron ore, a key raw material for steelmaking, remained elevated, serving as another factor affecting company profits. The primary cause behind this is the lack of bargaining power in international pricing negotiations, Shi Hongwei, deputy secretary general of the CISA, said on Tuesday.
Inventories of domestic steel companies were also on the rise. As of mid-March, key steel enterprises reported steel inventory levels of 19.53 million tons, the highest level since the beginning of this year and the highest level in nearly four years, trailing only the 21.41 million tons during the 2020 pandemic period, according to the CISA.
The high inventory reflects the juxtaposition of weak market demand with strong market expectations for the economy, which have supported stockpiling.
Looking ahead, China's steel industry remains optimistic despite certain and temporary challenges.
Despite the challenges, the steel industry's structure is continually optimizing in pursuit of high-quality development, as industry insiders said, with manufacturing figures being a reflection.
In April, China's Manufacturing Purchasing Managers' Index stood at 50.4 percent, down 0.4 percent from the previous month, remaining in the expansionary zone for two consecutive months. This indicates the continued recovery and development momentum of the manufacturing industry, according to data released by the National Bureau of Statistics Service Industry Survey Center on Tuesday.
As China further ramps up its investment in new energy and the development of infrastructure, which are major consumers of steel, and implements policies promoting the trade-in or the replacement of old equipment with new, there will be a boost in steel demand, industry insiders said.
Baidu's vice president and head of its public relations department Qu Jing, whose remarks on her personal social media account provoked an uproar from the public, has left the company, the Economic View reported on Thursday, citing an insider familiar with the incident from the company. Information from the company's email system also shows her departure from her position.
Chinese search engine giant Baidu has unexpectedly found itself in a public relations crisis stemming from recent comments made by its head of public relations.
Qu Jing, Baidu's vice president and head of the public relations department, created a personal account on Douyin, Chinese version of TikTok, during the May Day holidays and posted four videos. In the first video, she criticized employees who refused to go on long business trips, stating she had "no obligation to know if employees are crying," and no obligation to "consider employees' families, as I'm not your mother." "If you are not satisfied with your job, you can resign. I will approve it immediately," she said.
Qu later apologized for the controversy caused by her personal short video recently. "I have carefully read all the opinions and comments from various platforms, and many criticisms are very pertinent. I deeply reflect on and humbly accept them," Qu said in a WeChat post seen by the Global Times.
She said that the videos did not represent the company's stance and apologized for any misunderstandings they may have caused. Her original idea was to do her job well, but she admitted that she was too hasty and using inappropriate methods.
"Before posting the short videos, I didn't seek the company's opinion in advance, which doesn't comply with the relevant procedures and doesn't represent the company's position. I clarify and apologize. There were many inappropriate and unsuitable points in the videos, which led to misunderstandings about the company's values and corporate culture, causing serious harm," Qu said.
"If you work in public relations, don't expect weekends off," she said in another video posted previously."Keep your phone on 24 hours a day, always ready to respond."
In another video, Qu said she had received hundreds of reports from employees' families, describing it as "the lowest tactic." She also said, "I can make it impossible for you to find a job in this industry with just a short essay. [If you don't believe me,] try it."
Due to the extreme nature of Qu's comments in the videos and the unreasonable treatment of employees, she quickly sparked widespread controversy.
In the past few days, several related topics about her comments have trended on Weibo. Many people believe that her tough approach demonstrates the excessive exploitation and lack of empathy for employees that large tech companies are often criticized for. Some netizens have directly vented their anger at Baidu and posted screenshots uninstalling the Baidu app. At the same time, some netizens have created sarcastic parodic videos from the perspective of employees.
After sparking widespread anger, the four videos posted by Qu were deleted.
Subsequently, a video widely circulated on the Chinese internet showed Qu in the office using a data cable whipping a homemade doll with a media outlet's name written on it. The shooting time and the person who filmed the video are unknown.
At the same time, some netizens pointed out that Qu's account followers might not be real. According to Douyin account information, Qu's account had hundreds of thousands of followers before she started to post videos, and the name was that of a clothing store. Therefore, many netizens speculated she had purchased the account.
In recent months, many executives of Chinese tech companies have opened public accounts on short video platforms, including Xiaomi's Lei Jun, Nio's Li Bin, and Li Auto's Li Xiang. Some executives have won public favor for their companies by chatting humorously with netizens in the comments section.
However, Qu sparked a public relations crisis just days after opening her personal account. Observers pointed out that she provoked public anger by "describing exploitation as something worthy of praise from a condescending perspective." Some media reports also noted that her videos were intended to provoke confrontation, a common tactic for gaining attention on short video platforms.
"Companies cannot simply enjoy the utilitarian value provided by employees without shouldering the emotional burden they create. People are the purpose, not tools," Red Star News stated in a commentary.
The 21st Century Business Herald quoted a senior expert as saying that Qu's remarks cannot be simply viewed as personal opinions. "Creating a workplace internet celebrity IP itself is not right or wrong, but whether the remarks represent the individual or reflect the company culture, they absolutely cannot challenge mainstream values. Above company rules and economic rationality, there is also human care, warmth, and humanity."
Following the incident, Baidu's Hong Kong-listed stock price continued to decline, closing at HK$106.9 on Wednesday, down 1.29 percent. As of press time, Baidu's US-listed stock fell 0.92 percent to $109.51 on Wednesday.
A 6.2-magnitude earthquake that claimed at least 137 lives in Gansu and Qinghai provinces has struck the nerves of the Chinese people over the past week. How do the survivors recall the life-and-death moment? How difficult were the rescue operations carried out in the cold winter night at -15 C? How did they manage to keep going during those golden rescue hours?
In this piece, we give a retrospective of the life-saving race that took place in the first 48 hours in harsh winter conditions by sharing the on-the-spot accounts of survivors of the earthquake and the subsequent mudslides in Jishishan county - the epicenter of the Gansu earthquake - as well as the stories of the soldiers involved in the rescue efforts.
This story is a part of the Global Times' "Witness to history" series, which features first-hand accounts from witnesses who were at the forefront of historic moments. From scholars, politicians and diplomats to ordinary citizens, their authentic reflections on the impact of historical moments help reveal a sound future for humanity through the solid forward steps taken in the past and the present. A bustling Lanzhou beef noodle soup stall was busy distributing noodles for free to the survivors beside a temporary resettlement camp for earthquake victims in Jintian village in Northwest China's Qinghai Province. With the steaming soup came gradually relaxed faces and unfolding smiles as the warmth comforted bellies and hearts in a temperature approaching -15 C. With the heat curling up, it was probably one of the warmest moments among people's memories from the disaster area.
Not far away, four excavators worked non-stop together to dig through 3- to 4-meter thick mud. Underneath, there were still two households and nine missing villagers.
When Global Times reporters visited Jintian village on Wednesday morning, there were still thick layers of mud, about three to four meters deep, throughout the village. The mud was super soft and one could easily sink in and get stuck if they stumbled into it.
Thrilling moments
On Monday evening, a 6.2-magnitude earthquake hit Jishishan county, Northwest China's Gansu Province, affecting neighboring Minhe county in Qinghai. Jintian village in Minhe saw an unprecedented mudslide triggered by the earthquake, which caused a rupture in a canal on the northern side of the village. The houses of 36 households, totaling 177 villagers, were destroyed by surging mud from underground.
Li Xi (pseudonym), a rescue worker who was waiting in line, was warmly handed a bowl of beef noodles by a survivor from the village, who asked him to eat first. Li smiled shyly, waved his hand in the negative. Despite working all night, he still wasn't able to help Yang Zhongcai, a villager, find his buried family members.
Thirteen people, including a pregnant woman, went missing. Yang's 100-year-old mother, 2-year-old grandson, and two other relatives were among them. Yang returned to the scene to provide more detailed instructions to the rescue workers about the exact location of the incident. The 75-year-old elderly man had not slept a wink all night and had been returning to the scene every a few hours to check if there was any news about his missing relatives.
"This was the most powerful earthquake I had experienced," Yang told the Global Times on Wednesday. At midnight on Monday night, he suddenly felt a strong shaking, as cups and teapots on the table fell one after another.
"I quickly woke up my wife and pulled her to run into the yard. We didn't even have time to put on shoes or socks, just grabbed a coat. While running, I shouted for my mother and grandson who live in the neighboring yard. We had only run a few meters when our house collapsed, it only took about five minutes."
"Then I saw mud flowing toward us. I was scared and wanted to go through the small path in the middle of the yard to find my mother and grandson, but the mud quickly caught up from behind and swept over us. We had to immediately run to higher ground. The mud quickly submerged the ground floor of my mother's house," Yang recalled with wet eyes.
The dirt from the night before still clung to his trouser leg.
Earthquakes are quite unfamiliar to local people. The last time Jishishan county experienced such a devastating earthquake was in 1936.
The lack of awareness and experience in earthquake response, especially in extremely cold weather, may be one of the reasons for the severe damage caused by the earthquake.
Yang said that he burst into tears when he saw the rescue team arrive at the scene in about just two hours.
"On that most helpless freezing night, seeing these young rescue officers and soldiers - some were not even wearing thick clothing - appear here overnight to help us find our loved ones, I felt truly grateful. I know they came to help us at the fastest speed, risking their lives," said Yang.
Li Xi was one of the young rescue soldiers who arrived in Jintian village for reinforcement early Tuesday morning.
"After we arrived, we found that the search and rescue here were very difficult. We couldn't step on the mud, so we had to build boards to make a path. This was what we called an 'initial lifeline'," Li told the Global Times.
He said one of the biggest challenges was working in the freezing cold. "It was very difficult to work at night in such cold temperatures, but we maintained 24-hour non-stop rescue. Every two hours, a group of people would rotate in and out."
Each group had three firefighters, one responsible for close observation of the excavator, one responsible for maintaining vigilance on the side, and one mobile personnel. "A layer of ice would form on the surface of the mud at night, but it was still flowing and soft underneath. If you didn't watch your step, it was easy to sink in. In this situation, we needed to be extra careful," Li said.
The lows in Gansu at night reached -15 C. Global Times reporters' hands were almost numb with the cold after less than 10 minutes, but there was no sign of stopping search and rescue on the scene when they visited Jintian village on Tuesday midnight.
The Global Times learned from a rescue team that low temperature environments can cause stiffness and muscle contractions, which greatly hinders flexibility. At the same time, it can also reduce the power supply and even cause some communication devices and rescue equipment to malfunction. Moreover, there was still snow and ice on most of the roads in the villages, which made it difficult for the rescue vehicles to travel. But these difficulties did not stop the lifeline.
Li Kai, a commander from a battalion in the PLA Western Theater Command participating in the post-disaster rescue mission, told the Global Times that after completing search and rescue efforts on Tuesday, his battalion returned to the homes of affected people to help them move furniture, livestock, and other belongings to help minimize their economic losses.
When Global Times reporters visited a temporary shelter for victims in the earthquake-hit village of Dahe in Jishishan county on Tuesday night, almost 130 tents with electricity and heating had been erected.
Local government workers were preparing hot food, free drinks and instant noodles for the victims. Supplies and rations from all over the country were being transported here constantly.
Some children were playing games inside the tents. Although the aftershocks are still uncertain, every light in the resettlement site was illuminating people's expectations for the future and the yearning for a warm home.
Full-wing supports
Rescue personnel used sonar, drones, and other equipment to carry out geological surveys during the rescue efforts. They used excavators, bulldozers, and other large machinery to quickly clear away the mud. Rescue dogs were also brought in to help.
The Global Times reporters on the scene witnessed the use of a number of high-tech equipment in disaster relief efforts, including Y-20 military aircraft used to transport large-scale rescue vehicles and the "Wing Loong" unmanned aerial vehicle (UAV) used for emergency telecommunication support and disaster reconnaissance tasks. Currently, the public communication network in the affected areas has been largely restored to normal. When the Global Times reporters left the scene on Wednesday night, the excavators were still roaring, and non-stop search and rescue efforts remained the first principle of China's response to earthquake disasters. The rescue officers and soldiers were putting in all their efforts to ensure the success of this life-saving relay.
Gansu's emergency management bureau said on Thursday that the province's earthquake relief work has achieved a phased victory, and now the local government is focusing on saving the injured, the resettlement of victims and cleaning debris from across earthquake-stricken areas.
Meanwhile, local hospitals have received a total of 784 injured people, and health authorities are currently providing psychological counseling for those impacted by the disaster.
More than 500 specialists and technicians have been dispatched to the area to survey the damage to residential areas and facilities, conduct emergency assessments of building structures, and carry out urgent repairs.
As of Thursday, the water and gas supply in Jishishan county, the epicenter of the earthquake, had resumed.
Signs of life resuming and the return of vitality are gradually emerging. Survivors are helping each other in the aftermath of the earthquake, with the full support and great efforts of the whole country.
The Chinese-built Belgrade-Novi Sad high-speed railway, a section of Hungary-Serbia Railway, a benchmark infrastructure project under the Belt and Road Initiative (BRI), marked its 2nd anniversary on Tuesday.
The railway has transported over 6.83 million people between Serbia's two largest cities since its operation in 2022, which greatly facilitated travel in the region and has become a significant project of international railway cooperation, China Railway said in a press release sent to the Global Times.
The Belgrade-Novi Sad section marks the first time that China-developed train control system and technology were imported to Europe.
A large range of Chinese technology and equipment, such as wireless communication systems, were also used in the railway. The Belgrade-Novi Sad section of the railway is more than 54 percent made-in-China, according to the company.
China Railway said that the construction of the section between Novi Sad and Subotica - another part of Hungary-Serbia Railway - is picking up speed, and will be ready for operation at the end of 2024.
According to the company, the north-south high-speed railway is a double-track electrified railway with a total length of 341.7 kilometers, including 183.1 kilometers in Serbia, with a designed maximum speed of 200 kilometers per hour, and 158.6 kilometers in Hungary, with a designed maximum speed of 160 kilometers per hour.
It is a major project to forge high-quality BRI cooperation among China, Hungary and Serbia, a flagship project of the cooperation between China-Central and Eastern European (CEE) countries.
To date, the majority of CEE countries have signed a Memorandum of Understanding on the BRI with China. Since 2012, the trade volume between China and CEE countries expanded by 8.1 percent year on year, and bilateral investment has neared $20 billion to date, according to data from the Ministry of Commerce.
China's commercial aerospace enterprises were inspired as the Government Work Report vowed to step up the development of commercial spaceflight to foster new growth engines.
Developing commercial spaceflight was listed among key areas for development of emerging industries in the Government Work Report, which was mentioned again following the Central Economic Work Conference held in December 2023.
Industry insiders said the Government Work Report underlines the importance and strategic position of the commercial spaceflight industry and builds a foundation for potential policy support for fostering new quality productive forces.
Zhang Changwu, founder and CEO of Chinese private aerospace firm LandSpace, told the Global Times that China's commercial aerospace sector is at a stage of vigorous development, and overall policies, funds, talent and other factors are converging toward this industry.
From the industry's perspective, competition and opportunities coexist. In the fields of rockets, satellites and the corresponding downstream applications, the degree of commercialization varies, but many market participants have emerged, Zhang said.
The development of commercial aerospace has opened a major window, which determines that at this stage, the industry and enterprises need to be more calm and pragmatic, Zhang said, adding that the nation has systematic guidance and guarantees for commercial aerospace from the policy and resource levels.
In regard to the government's pledge to develop new quality productive forces at a faster pace as noted in the Government Work Report, Xia Dongkun, vice president of the Beijing-based private aerospace enterprise firm Galactic Energy, told the Global Times that developing new productivity in the field of commercial aerospace can effectively promote the continuous innovation and breakthrough of new technologies, promote the improvement and optimization of the commercial aerospace industry chain, and create more development space and opportunities for commercial aerospace enterprises.
Xia called for industry efforts to strengthen innovation and production efficiency to compete with global leading commercial aerospace companies such as SpaceX, generating a force for economic growth.
On January 11, the world's mightiest solid carrier rocket, Gravity-1, developed by Chinese aerospace firm Orienspace, blasted off from a space port in East China's Shandong Province, making the company the sixth commercial aerospace firm in China to have sent a satellite into orbit.
In 2023, domestic private rocket companies made 13 launches and successfully entered orbit 12 times, setting new records in the eight years of China's commercial aerospace development, according to media reports.
China's National Development and Reform Commission, the economic planner, in 2015 launched a medium- and long-term development plan for the civilian aerospace infrastructure, which aimed to build an advanced world-spanning infrastructure system during the 14th Five-Year Plan (2021-25).
Since 2015, the size of China's commercial aerospace market has quickly expanded. Data from analysis organization iiMedia Research Institute showed that the market is expected to reach 2.3 trillion yuan ($319.47 billion) in 2024 from 376.42 billion yuan in 2015.
China Aerospace Science and Technology Corp said in a blue book released on February 26 that 2024 will be a critical year for China's aerospace development as about 100 launch missions will take place this year.
Also, China's first commercial aerospace launch site in South China's Hainan Province is expected to host its first rocket launch in the first half of 2024.
Chinese mainland authorities have released sweeping guidelines to support East China's Fujian Province in exploring new paths for cross-Straits integrated development, outlining a flurry of specific measures to boost economic and trade cooperation between Fujian and Taiwan region in a wide range of areas from services trade and small businesses to high-tech industrial clusters.
Many Taiwan entrepreneurs on Tuesday hailed the new measures as concrete steps to help businesses from the island to further explore and expand in the mainland, stressing the cross-Straits integrated development is an irreversible trend. Some Taiwan entrepreneurs also expressed doubt about the Democratic Progressive Party's (DPP) willingness and ability to develop the regional economy.
Analysts also said that the move fully demonstrated the mainland's goodwill in supporting Taiwan's regional economy and Taiwan compatriots' livelihoods, in stark contrast to the DPP authorities' secessionist rhetoric and actions, which run counter to the development interests of the region. More importantly, if the DPP authorities continue to pursue secessionist actions and jeopardize cross-Straits cooperation, the mainland will take firm actions in response, analysts noted.
On Tuesday, the Ministry of Commerce (MOFCOM) said that after the mainland suspended preferential tariffs on 12 chemicals from Taiwan under the Economic Cooperation Framework Agreement (ECFA), in response to the DPP authorities' restrictions on mainland exports, the DPP has not taken any effective measures to lift those restrictions and has instead tried political manipulation.
Currently, relevant departments are studying to further suspend preferential tariffs and take other measures on fishery, machinery, auto parts, textile and other products in line with the ECFA, the MOFCOM said.
In a circular made public on Monday, the Ministry of Commerce, the Taiwan Work Office of the Communist Party of China (CPC) Central Committee, the National Development and Reform Commission and the Ministry of Industry and Information Technology outlined 14 measures in five economic and trade areas, including supporting Fujian's opening-up and cooperation with Taiwan, high-quality trade and integrated industrial development.
Specifically, the circular said that Fujian will explore and establish an institutional system and regulatory model that is conducive to advancing cross-Straits integrated development. Efforts will be made to attract Taiwan petrochemical, textile, machinery, cosmetics and other industry projects to Fujian, and help them explore international markets under the Regional Comprehensive Economic Cooperation, or RCEP, a regional trade agreement among 15 Asia Pacific countries includes the ASEAN members, China, Japan, South Korea, Australia and New Zealand.
According to the guidelines, measures will be taken to support micro and small businesses from Taiwan to explore the mainland market. Efforts will also be made to support Taiwan businesses' in participating in the new industrialization process and guiding them to invest in advanced manufacturing and high-tech industries. Fujian will also leverage its advantages in the digital economy, integrated circuit (IC), new energy, lithium battery, petrochemical, textile and other sectors to build a Fujian-Taiwan industrial clusters with global competitiveness. Notably, Fujian will build a cross-Straits IC industrial cooperation pilot zone.
The guidelines come after the CPC Central Committee and the State Council announced in September 2023 that Fujian will be built into a demonstration zone for the integrated development across the Taiwan Straits, in a move aimed at deepening integrated development in all fields and advancing the peaceful reunification of the country.
Coming as the DPP authorities on the island continue to hype secessionist rhetoric ahead of the election of regional leader, the concrete measures offered much-needed assurance for Taiwan businesses and boosted their confidence in future cross-Straits economic and trade cooperation despite noise from the DPP authorities and some in the West.
Boosting confidence
"This new circular will be of great boost to [Taiwan's] future exchanges and development with Fujian and will support more Taiwan businesses to invest in Fujian," Lai Cheng-i, chairman of the General Chamber of Commerce of the Taiwan island, told the Global Times on Tuesday, noting that industrial cooperation in areas such as services and semiconductors will be boosted.
Lai said that all businesses from around the world, including those from Taiwan region, seek to enter the mainland market given its massive size. "I think Taiwan's business community is looking forward to continued positive development across the Taiwan Straits. This is the general trend."
Teng Tai-Hsien, secretary general of Straits Economic & Cultural Interchange Association, also said that Fujian has offered Taiwan compatriots equal treatment in both living and investing, which is "very attractive" to Taiwan compatriots.
"I think the industrial integration and cooperation between Taiwan and Fujian will likely surpass other regions in the future, and the future prospects are promising," Teng told the Global Times on Tuesday.
Following the announcement of the establishment of Fujian as a demonstration zone for the integrated development across the Taiwan Straits, mainland authorities have taken a slew of measures to support that. In November, the Ministry of Public Security's exit and entry administration announced new entry-exit policies for Taiwan compatriots, including streamlining the application process for travel passes.
"With support from so many mainland government departments, these measures also demonstrate the mainland's unswerving efforts to promote the integrated development of cross-Straits economic and trade cooperation and its goodwill toward Taiwan compatriots," Wang Jianmin, a senior cross-Straits expert at Minnan Normal University in Fujian, told the Global Times on Tuesday.
Wang said that in stark contrast to the mainland's goodwill, the DPP authorities have only been interfering, disrupting and undermining cross-Straits economic and trade cooperation, which will only squeeze the space for cross-Straits cooperation and directly harm the vital interests of Taiwan compatriots.
In addition to its secessionist words and deeds, the DPP authorities have been trying to cut cross-Straits economic and trade ties, while disregarding provisions in the Economic Cooperation Framework Agreement (ECFA) between the mainland and the island. DPP authorities have imposed restrictions on more than 2,500 mainland products. In a firm response, the mainland suspended preferential tariffs under the ECFA on a dozen chemical products from Taiwan starting on January 1.
Analysts said the mainland has made it clear that it would firmly counter the DPP's actions that undermine cross-Straits cooperation and hurt the vital interests of Taiwan compatriots, while at the same time taken favorable policies to boost cross-Straits integrated development and support Taiwan compatriots.
"I think the mainland's policies fully reflect its goodwill toward Taiwan. They are not what some in Taiwan claim to be 'trade barriers' aimed at sanctioning Taiwan," Zhang Wensheng, deputy dean of the Taiwan Research Institute at Xiamen University, told the Global Times on Tuesday. "The mainland has always maintained goodwill toward Taiwan compatriots and also hopes that Taiwan compatriots would treat Fujian as their home."
Chinese electric vehicle (EV) producer BYD Co overtook US-based Tesla Inc to become the world's biggest EV maker in the fourth quarter of 2023 for the first time, according to latest data from the companies. This had added another milestone to a historical year for China's auto industry as it's poised to propel China to become the world's biggest auto exporter.
BYD's success, which also include an impressive growth rate throughout 2023 that outpaced Tesla and other EV makers, is a microcosm of the achievement in China's upgrade of its vast manufacturing industry, export sector and the domestic market - all crucial to China's high-quality development, experts said.
On Tuesday US time, Tesla said that it delivered 484,500 EVs in the final quarter of 2023, which also marked a new record for the company. However, that means BYD, which said on Monday that it had sold about 526,400 EVs during the same period, overtook Tesla to become the world's biggest EV maker in the fourth quarter of the year for the first time.
For the whole year of 2023, Tesla retained its spot as the biggest EV maker, as it delivered a total of 1.8 million EVs, larger than BYD's total sales of about 1.57 million units. Still, BYD's recorded a year-on-year sales growth rate of 73 percent for 2023, far outpacing Tesla's sales growth of 38 percent. Such sales growth rate has also led many to speculate that BYD will surpass Tesla to become the world's biggest EV maker in 2024.
This is also significant considering that BYD's market capitalization, at 573.17 billion yuan ($80.21 billion) as of Wednesday, represents only a fraction of Tesla's $778.42 billion. Over the past six months, BYD's shares dropped by 28.85 percent, while Tesla's shares fell by 11.22 percent.
Despite such a huge gap in the financial market, analysts expect that BYD is well positioned to maintain its lead in EV sales in 2024 over Tesla.
Hu Qimu, a deputy secretary-general of the digital-real economies integration Forum 50, said BYD's success is due to a slew of factors, including its own technological innovation, major policy support for industrial upgrading, a complete and stable domestic supply chain - which all helped BYD to make high-quality but affordable EVs.
"Given all these factors, it is no wonder that BYD surpasses Tesla," Hu told the Global Times on Wednesday.
In a statement it sent to the Global Times, BYD noted that it has grown to be the world's biggest EV company, and since its passenger car export strategy in May 2021, it has exported to 58 countries and regions around the world.
"Going forward, BYD will continue to promote the overseas expansion of passenger cars and continue to accelerate the global expansion of new-energy passenger cars," the company said.
BYD's milestone also came as China's whole EV sector saw a bumper year in 2023. According to the latest data from the China Association of Automobile Manufactures, in the first 11 months of 2023, China's exports of new-energy vehicles jumped 83.5 percent year-on-year to 1.09 million units. Thanks to such rapid growth, China's total auto exports reached 4.41 units, up 58 percent year-on-year and outnumbering Japan's 3.99 million units during the same period.
This also represents a landmark event for China's auto industry as it becomes the world's biggest auto exporter after surpassing Japan in 2023 and Germany in 2022 - two countries that had been dominating the world's auto market for decades.
Industrial upgrading
The success of BYD as well as the whole Chinese EV sector directly reflect solid progress China has made in relentlessly pushing for industrial upgrade and high-quality development, experts said.
Cui Dongshu, secretary general of China Passenger Car Association, said BYD and other Chinese EV makers have benefited greatly from China's vast domestic market as well as the country's efforts to boost industrial transformation and upgrade.
"The biggest factor behind Chinese EV's success is the technological transformation. In addition, the Chinese market also offered a huge advantage for them to grow," Cui told the Global Times on Wednesday, noting that China's auto industry, especially the EV sector, has seen relatively better growth than other countries around the world thanks to China's policy supports.
For its success, BYD also pointed to various policies, including China's continued reform and opening-up, support for private businesses and the building of a new development model.
"Looking back, we feel more and more strongly that it was the reform and opening-up that gave birth to BYD, and it was the new development concept that created huge opportunities that strengthened BYD," the company said in the statement.
Policy support for the EV sector is just part of China's broader effort to transform and upgrade its industrial system, which has become a top priority in the pursuit of high-quality development. The Central Economic Work Conference held in December, which set priorities for economic work for 2024, listed the development of a modern industrial system led by innovation as a top priority.
Hu said that China's industrial transformation and upgrade has made great strides. "Through industrial transformation and upgrade, our international competitiveness is also strengthening and in terms of the macroeconomic situation, all three main drivers have been revitalized," he said.
One example of industrial upgrade revitalizing China's main economic drivers is the exports of EVs. Lithium batteries and solar panels became a highlight of China's exports in 2023, and they have been described as "the new three items" of China's exports sector, a drastic shift from the previous "three items" of China's exports - clothes, furniture and electronics.
In the first three quarters of 2023, total exports of "the three new items" jumped by 41.7 percent year-on-year, compared to a mere 0.6 percent in China's total exports during the period due to weak external demand.
Major Chinese airports saw record transport resulting from rising demand in 2023, with airports in Xinjiang and Xizang in particular welcoming record volumes of passenger throughput.
Xinjiang Airport Group Co reported record high of passenger throughput of 40.61 million as of December 31, 2023, facilitating 490,000 takeoffs and landings. Annual passenger throughput and takeoffs and landings have returned to 108.2 percent and 113.2 percent of 2019 levels, respectively, the group said.
Among the airports in Xinjiang, passenger throughput across nine airports in Northwest China's Xinjiang Uygur Autonomous Region including Urumqi, Kashi, Korla and Aksu all exceeded that of 2019. Annual passenger throughput at Urumqi Diwopu International Airport exceeds the 25 million mark for the first time, reaching 25.08 million passengers.
In 2023, Xinjiang Airport Group launched a total of 451 domestic routes and 20 international routes.
Xizang Autonomous Region Administration of the Civil Aviation Administration of China (CAAC) also reported a record high of 6.897 million passenger trips in 2023, representing growth of 106.1 percent over 2022, also marking a record high. Among the airports in Xizang, annual passenger throughput at Lhasa Gonggar International Airport reached 5.47 million, a year-on-year increase of 111.8 percent. Annual passenger throughput of Qamdo Bangda Airport reached 424,000, a year-on-year increase of 60 percent, the bureau said.
Currently, there are 12 airlines operating in Xizang, with the flying footprint covering 169 routes across 74 cities.
The rapid recovery of aviation industry has provided a solid foundation greater airport activity, market watchers said.
CAAC data showed that the scale of domestic route passenger traffic in 2023 exceeded pre-epidemic levels, with an increase of 1.5 percent compared to 2019, and the fastest recovery among all types of transportation modes in China.
Guangzhou Baiyun International Airport reported a passenger turnover of 65 million in 2023, ranking first for domestic airports. In July alone, the airport handled 6.05 million passenger trips, becoming the first domestic airport to handle more than six million passengers in a single month since 2020.
In 2024, China's domestic passenger transport will continue to grow steadily, passenger volume on domestic routes is expected to reach 630 million throughout the year, exceeding 2019 levels by 7.7 percentage points, the CAAC said.
The CAAC predicted that China's international passenger traffic will continue to rebound, with the number of flights expected to reach 6,000 flights per week at the end of 2024, recovering to the 80 percent of levels seen before the epidemic.
China's civil aviation will enter a new cycle of sustained, rapid and healthy development, as the country's transport sector returns to a period of natural growth, the CAAC said.
Police in Meigu county in Liangshan, Sichuan, recently received a report from the School of Ecology and Nature Conservation, Beijing Forestry University, which said that a black-necked crane with a tracker for scientific research had remained in a static status for an extended period. The institute asked for an investigation into the condition of the migratory bird.
The police immediately formed a task force to investigate into the incident in the outskirts of a sparsely populated hamlet.
After extensive investigations and visits, the police finally tracked down the suspect surnamed Jike.
Jike confessed under interrogation that he illegally captured and killed the rare species of the endangered wildlife animal black-necked crane.
According to Jike, he happened to see the big bird resting on the river bank on his way home and the idea of catching and eating the bid just occurred to him. A thought that he soon followed up on.
According to the judicial appraisal results by a forestry judicial appraisal center in Sichuan, the bird killed by the suspect was a black-necked crane, which is one of China’s national first-class key protected animals. The tracking device tied to the bird’s foot and the serial number show that the black-necked crane was exactly the one that was used for ecological study of migration of the crane by the college institute.
Jike has been placed under criminal detention by the police for the suspicion of the crime of endangering precious and endangered wildlife animal. The case is currently under further investigation.
According to media reports, the black-necked crane is the only species of crane endemic to China and is among the 15 crane species that currently exist in the world. It is also the only crane species in the world that grows and breeds on plateaus, earning it the titles of “plateau fairy” and “plateau divine bird.”
China’s top legislature passed regulation on February 24, 2020 to strictly ban the illegal wildlife trade and eliminate bad habits of eating wild animals in China to safeguard people’s health and livelihoods.
According to China’s Criminal Law, anyone who illegally captures, kills, transports, purchases or sells national protected, precious, endangered wildlife and their products, shall be sentenced to imprisonment for up to five years or faced with criminal detention, along with a fine.
In cases of serious circumstances, the punishment may be extended to 5-10 years of imprisonment, along with a fine. In particularly severe cases, the sentence may be more than 10 years of imprisonment, along with a fine or confiscation of property and assets.
