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YantaiShuimu @UCaLb3UdbdgK6ogopZhrkhYw@youtube.com

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YantaiShuimu
Posted 4 months ago

"The Chinese Sky Eye" has discovered more than 900 new pulsars.

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YantaiShuimu
Posted 1 year ago

Live: Located in the southwestern part of Shandong Province, Heze City is known as "the #peony capital of China." Join CGTN's live to see peonies burst into full bloom!

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YantaiShuimu
Posted 1 year ago

Vlog:“菁”通两会|中国全过程人民民主的具体实践

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YantaiShuimu
Posted 1 year ago

指点财津|中国式现代化不仅谋求发展自己 而且惠及全人类

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YantaiShuimu
Posted 1 year ago

非遗文化,星火相传。胶东花饽饽成了一件件生动的“艺术品”Intangible cultural heritage is passed on from generation to generation. Jiaodong Huabobo has become a piece of vivid "work of art"

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YantaiShuimu
Posted 1 year ago

Chinese SMEs shine on international stage


As Chinese elements caught eyes at the just-concluded 2022 FIFA World Cup held in Qatar, a good number of brands owned by China's small and medium-sized enterprises (SMEs) drew wide attention for their contributions to major venues of the world-class sporting event.

Among these SMEs, Avant Sports Industrial Co., Ltd., a sports facility provider based in Shenzhen, south China's Guangdong province, provided bleacher seats for stadiums where the World Cup matches were staged. The seats are not only retractable, but also can be moved and disassembled as a whole.

Jiangsu Fute Lighting Group Co., Ltd., a lighting equipment supplier in Yangzhou city, east China's Jiangsu province, provided the Qatar World Cup venues with road lamps that integrate multiple functions and can serve as lamps, charging piles, and 5G base stations and can be used to monitor the environment.

China Green Container Co., Ltd., a container house manufacturer in Guangdong province, provided 2,000 container hotels for the Qatar World Cup. Each of the container hotels can be assembled by four workers in four hours.

Jiangsu Tianhong Science and Technology Industrial Park Co., Ltd., a company engaging in the manufacturing, processing, and sale of metal and non-metallic materials in Suqian, Jiangsu province, won the bid to provide highly flame-retardant aluminum plastic plates for Al Janoub Stadium, one of the venues for the Qatar World Cup.

The products of these Chinese SMEs, which boast high quality and the integration of sci-tech achievements, have presented a new image of Chinese manufacturing.



Photo shows a large LED display screen hanging in Lusail Stadium in Lusail, Qatar. The LED screen was produced by Unilumin Group Co., Ltd. headquartered in Shenzhen, south China's Guangdong province. (Photo/China Electronics News)

SMEs constitute a large part of a country's manufacturing capacity. Featuring a huge number and wide involvement in various industries, SMEs exist in different segments of industrial chains. If SMEs can develop unique competitive advantages, they can not only enjoy continuous popularity on markets, but become "hidden champions" with great competitiveness in their respective industries and play a greater role in industrial upgrading by improving the short slabs of industries.

Chinese SMEs' outstanding performance at the Qatar World Cup is believed to be the epitome of the continuous improvement and upgrading of the country's manufacturing sector.

Industrial upgrading can be a daunting and complex task. In particular, SMEs, which often have limited resources and capital and lack experience in risk prevention, need the help to realize transformation and upgrading.

In an effort to improve the SMEs' weak links, various authorities across China have continuously adopted innovative measures. From releasing a to-do list for solving problems hindering the development of enterprises that use special and sophisticated technologies to produce novel and unique products, rolling out measures to improve the competitiveness of SMEs, to implementing an interim system for the cultivation and management of high-quality SMEs, China has vigorously supported the growth of SMEs and improved their growth environment to help them grow into industry leaders with unique competitive advantages.

SMEs are more motivated to sharpen their strengths, as they are willing to invest and bear hardships.



A "mobile house" manufactured by China Green Container Co., Ltd., a container house manufacturer based in south China's Guangdong province, is being tested for water leaks. (Photo/Jiangmen Daily)

Shenzhen Moldbao Technology Co., Ltd., a company based in Shenzhen that specializes in digital services related to molds and precision parts and components, has helped more than 50 percent of the core enterprises in China's electronic information industry innovate products.

"Molds are referred to as the 'mother of industry' in the manufacturing sector. We have spent 20 years building a database with a cumulative total of more than one million pieces of information about precision manufacturing processes, solving problems concerning the manufacturing of molds, including low output, slow delivery, and heavy reliance on manpower," said Cheng Yafei, founder and CEO of the company.

XGimi Technology Co., Ltd., a smart projector provider based in Chengdu, capital of southwest China's Sichuan province, has become a leading company in China's smart projector industry after nearly 10 years of continuous efforts in research and development.

Guangzhou MINO Equipment Co., Ltd., a high-tech enterprise in Guangzhou, capital of Guangdong province, has persevered in pursuing technological breakthroughs even in the face of a shortage of funds. Eventually, the company has become one of the top-ranked suppliers of intelligent manufacturing solutions for automobile enterprises.



Photo taken on April 19, 2022 shows an intelligent mechanical arm working in a workshop of a company based in Ganzhou, east China's Jiangxi province. (People's Daily Online/Zhu Haipeng)

As of the end of 2021, China had 4,762 national-level "little giant" companies, or leading SMEs that specialize in niche sectors, command a high market share, and boast a strong innovative capacity and core technologies.

More than 50 percent of these companies invest over 10 million yuan ($1.43 million) in research and development a year; more than 70 percent of them have over 10 years of experience in their respective industries; and the research and development spending intensity in more than 80 percent of them has reached 10.3 percent.

It is with incredible firm resolve and ambition that SMEs in China have achieved breakthroughs and won the recognition of markets.

China is home to more than 48 million companies. Among them, more than 99 percent are SMEs, which are the backbone force of the country's manufacturing sector.

It's believed that the joint efforts of the government and enterprises will give a strong boost to the high-quality development of the country's manufacturing sector and help more Chinese brands stand out from their competitors on the international stage.

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YantaiShuimu
Posted 1 year ago

Chinese economy has great resilience




Photo taken on May 17, 2022 shows a view of the automated container terminal of Shanghai Yangshan Deep Water Port in east China's Shanghai. (Xinhua/Ding Ting)

China is expected to see an overall improvement in its economic performance in 2023, according to the Central Economic Work Conference held in Beijing between Dec.15 and 16, 2022.

The meeting concluded that China’s economy has great resilience, potential, and vitality, and the results of previously implemented policies have been, and are continuously being realized.

Since the beginning of 2022, the Chinese economy has faced an increasingly complex and uncertain internal and external environment as the triple pressures of shrinking demand, disrupted supply chains and weakening expectations have continued to emerge, while the impact of other unexpected factors has grown.

In the face of this uncertainty, China has worked diligently to effectively contain COVID-19 while providing a stable economy and development security. With economic stability as a top priority, the country has made stable progression in development and continued along the path towards a modern socialist country in all respects.

By constantly optimizing and adjusting its COVID-19 prevention and control measures as well as diagnosis and treatment protocols, China has continuously put maximum efforts towards the prevention and control of the pandemic with minimum cost, maintaining fundamental conditions for the normal functioning of society and the economy.

This year, China has intensified efforts to assist businesses and reduce the effects of an uncertain economic environment while stabilizing expectations and boosting confidence. As of Nov. 10, China's tax refunds, as well as tax and fee cuts and deferrals, topped 3.7 trillion yuan (about $525.8 billion). By the end of November this year, the country’s outstanding loans to the real economy registered a 10.8-percent increase year on year, while the construction of more than 2,700 projects that have been backed by two batches of financial instruments (bringing in 739.9 billion yuan of investment) have kicked off.

During the first three quarters of this year, the number of newly-added market entities in China totaled nearly 22.02 million nationwide, up 3.1 percent year on year.

In the third quarter of 2022, the country’s GDP expanded 3.9 percent year on year, 3.5 percentage points higher than in the second quarter. On a quarterly basis, the country’s GDP grew by 3.9 percent after contracting by 2.7 percent in the second quarter of the year.

As the Chinese economy has become more stable and resilient, employment and prices in the country have been generally stable. The country has achieved its annual target of creating 11 million new jobs in urban areas throughout 2022. In spite of soaring global inflation, China’s consumer price index rose only 2 percent year on year during the first 11 months of the year, far lower than the increase in other major economies in the world.

“To build a modern socialist country in all respects, we must, first and foremost, pursue high-quality development,” Secretary General Xi Jinping said in his report to the 20th National Congress of the Communist Party of China.

On this journey to high-quality development, the country has witnessed dynamic, innovation-driven development, and remained committed to open development policies.

Major facilities of the country have continuously created new successes, and fruitful results have been achieved in sci-tech innovation. Some notable successes are: China's cargo spacecraft Tianzhou-5 successfully delivered supplies to the country’s space station; Deep Sea No.1, China's first self-operated 1,500-meter deep-water gas field, is operating day and night; Fendouzhe, or Striver, China's deep-sea manned submersible, set a national diving record of 10,909 meters in the Challenger Deep, a 11,000-meter chasm located at the bottom of the Mariana Trench in the western Pacific Ocean; and the country’s first nuclear power unit using Hualong One, a domestically designed third-generation reactor, has entered commercial operations.

From January to November of 2022, the total added value of China’s high-tech manufacturing enterprises above designated size grew 8 percent year on year, 4.2 percentage points higher than that of the country’s industries above designated size during the period.

The fifth China International Import Expo (CIIE) held in east China’s Shanghai in November this year brought together 284 Fortune Global 500 enterprises and industry-leading companies, while witnessing the debut of 438 new products, new technologies, and new services.

A total of $73.52 billion worth of tentative deals were reached for one-year purchases of goods and services at the fifth CIIE, representing a record high compared to that of the previous editions of the event.

The Central Economic Work Conference pointed out that China’s foundation for achieving economic recovery needs to be further consolidated, the triple pressures of demand contraction, supply shocks and weakening expectations are still considerable, and the external environment is volatile, combining to impact the Chinese economy on an ongoing basis.

Despite this, China remains in an important period of strategic opportunity for development, and sees opportunities while also facing challenges with contextual advantages in its favor.

China’s COVID-19 prevention and control measures have inevitably made a short-term impact on the country’s economic operations, but the Chinese economy has shown a strong capacity to supply, adapt and recover.

In 2020, the country achieved a steady and sustained economic recovery and became the first major economy to realize positive economic growth since the outbreak of the COVID-19 pandemic. In particular, central China’s Hubei Province, which was hit hard by COVID-19 in the beginning of 2020, saw its GDP surpass 5 trillion yuan in 2021, returning to the 7th spot in the country’s GDP ranking of provincial-level regions.

With the most complete industrial system and the largest consumer market in the world, as well as over 200 million skilled workers, China now has more solid material foundations than at any time in its history. China’s fundamental economic basis indicates that the country is much larger and more stable than may have previously been considered.

China’s reform and opening-up policy is a great source of vitality for the development of contemporary China. It’s believed that as long as China gives full play to reform and opening-up while developing a socialist market economy, promoting high-standards, and fostering a world-class business environment that is market-oriented, law-based, and internationalized, the country’s more than 160 million market entities are bound to unleash greater vitality.

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YantaiShuimu
Posted 1 year ago

China’s economy boasts huge potential




This aerial photo taken on Oct. 24, 2022 shows the construction site of Qinwang tunnel project in Fuyang District of Hangzhou, east China's Zhejiang Province. (Xinhua/Huang Zongzhi)

The recent Central Economic Work Conference made clear that development is the CPC’s top priority in governing and rejuvenating the country. China will continue to pursue high-quality development, and comprehensively apply this development philosophy on all fronts.

With the knowledge that this new development philosophy is the path China must take to grow stronger in the new era, China will continue to take steps towards high-quality development with innovation as the driving force.

Innovation has been a key factor driving recent development successes. In the first 11 months of 2022, an index tracking services production of information transmission, software and information technology services showed an 11 percent growth year on year, and China's ranking in the Global Innovation Index rose from 34th place in 2012 to 11th place in 2022.

All regions and government departments have advanced rural revitalization across the board, and further advanced major regional development strategies such as the coordinated development of the Beijing-Tianjin-Hebei region and the Yangtze River Economic Belt since the beginning of this year. China’s economic development has become more balanced, coordinated, and sustainable and individual’s income has grown steadily in the first three quarters of 2022, with the income of rural populations growing more rapidly than that of their urban counterparts.

Green development has emerged as a defining feature of China’s high-quality development. In the first 11 months of 2022, production of green smart products, such as new energy vehicles and solar cells went up by 100.5 percent and 44.1 percent respectively. A total of 339 Chinese cities at or above the prefecture level enjoyed good air quality for an average of 86.3 percent of the days from January to October this year.

The country has also continued to optimize its response to COVID-19, while the governments of Zhejiang, Jiangsu, Sichuan and Guangdong provinces sent business delegations to Europe, Japan and other destinations to explore markets and seek new business opportunities.

China’s actual use of foreign direct investment (FDI) expanded 14.4 percent year on year in the first 10 months of the year. China’s opening-up has provided constant boosts for high-quality development.

China has continued its efforts to enhance people’s livelihood, and ensured that basic needs of people’s livelihood are met while increasing the level of basic pensions. From January to November 2022, 11.45 million urban jobs were created, completing the goal of creating 11 million new urban jobs for the year.

The country has accelerated the construction of pilot free trade zones, the Hainan Free Trade Port and promoted the high quality development of the Belt and Road Initiative, while expanding and encouraging further foreign direct investment.

2023 is the year that China implements the policies and actions needed to realize the goals set out by the 20th CPC National Congress.

The conference stressed that efforts must be made to better integrate supply-side structural reform in line with expanding domestic demand, while noting that demand should be created through high-quality supply.

It called on the country to make efforts to identify the weak links in key and core technologies as well as components and parts in the country's major manufacturing industrial chains, and pull together resources to tackle the problems so that the industrial system is independent, controllable, safe and reliable.

The conference also stressed that rural revitalization must be advanced across the board to avoid large-scale return to poverty.

By maintaining a comprehensive focus on the primary task of building a modern socialist country in all respects, striving to break new paths in promoting high-quality development, showing new achievements in building a new development pattern, and fully unleashing the potential of China's economy, the great ship that is China's economy will be able to ride the wind and waves and surge ahead steadily.

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YantaiShuimu
Posted 1 year ago

Chinese economy enjoys bright prospects


By pursuing progress while ensuring stability and promoting high-quality development, China took solid steps in its new journey to build a modern socialist country in all respects and maintained overall economic and social stability in 2022.

Changes in the world, the times and history are unfolding today in ways that have never happened before, posing challenges that must be taken seriously by humanity.

Through the joint efforts of the entire nation, China responded to its challenges calmly and safeguarded macroeconomic stability.

China has unveiled 33 policies to further stabilize the economy, accelerated the establishment of a unified domestic market, refunded outstanding and newly added value-added tax credits, and did a good job in providing jobs at the community level in urban and rural areas for college graduates.

Under the strong leadership of the Central Committee of the Communist Party of China with Comrade Xi Jinping at its core, all local authorities and government departments responded to the COVID-19 pandemic while promoting economic and social development, and pursued development while ensuring security. China made economic stability its top priority, pursued progress while ensuring stability, took temporary steps and institutional measures, and ensured coordination of and synergy between various policies that produced effects early on. As a result, China saw good momentum in its economic recovery and made progress in people’s livelihoods.

While inflation across Europe and the U.S. hit a record high, China kept prices generally stable, with the consumer price index growing 2 percent year on year in the first three quarters. The country reinforced its foundations of food security on all fronts, ensured a stable and safe energy supply, withstood the pressure and attained positive economic growth.

The latest data showed that the value-added industrial output reported by enterprises above designated size, or those with annual revenue from principal business of at least 20 million yuan ($2.88 million) in China expanded 5 percent year on year in October this year, up 0.2 percentage points from the third quarter.

In the first 10 months of this year, the country’s total general trade rose 13.3 percent, maintaining double-digit growth. China’s third-quarter gross domestic product (GDP) grew by 3.9 percent compared with a year earlier, 3.5 percentage points higher than in the second quarter.

With its GDP exceeding 114 trillion yuan, China’s economy is like a colossal vessel sailing steadily in the ocean. With a population of more than 1.4 billion, a labor force of over 900 million, a talent pool of 220 million people, and an urbanization rate of permanent residence of 64.7 percent, China boasts a huge market, a huge talent dividend, and promising investment prospects.

China’s economy boasts strong resilience. The country is upgrading the world’s most comprehensive industrial system and is continuously expanding the largest online retail market in the world. Over 160 million registered market entities in the country compete with each other and grow together.

China is a magnet for business ventures, with an average of 24,800 new businesses opening daily and over 1 million returning overseas students taking up innovative careers and launching start-ups in their motherland every year.

The country is a major consumer, with about 300 million parcels handled daily and annual online retail sales reaching about 13.1 trillion yuan. It is also a major center for innovation, with spending on annual research and development (R&D) ranking second in the world.

Per capita GDP in China, the world’s most populous country, has surpassed $12,000, making it the world’s consumer market with the greatest potential. As the largest developing country in the world, China is undergoing rapid development of a new type of industrialization, IT application, urbanization and agricultural modernization, which all serve to generate strong domestic demand.

China is accelerating the establishment of a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other, which ensures great flexibility in development and is an important way to achieve the long-term balance between maintaining stable growth and guarding against risks.

China refrains from adopting a deluge of strong stimulus policies. When the impact of the COVID-19 pandemic was at its worst in 2020, it refused to flood the economy with excessive money supply.

China also unleashes great creativity. Over the past decade, the country’s R&D spending intensity increased from 1.91 percent to 2.44 percent. It has moved up to 11th place in the 2022 Global Innovation Index from 34th a decade ago. It has made a series of achievements in frontier fields, including manned spaceships, deep sea and deep earth probes, and quantum information, as well as in emerging technologies such as supercomputers, new energy technology and biomedicine.

China is currently pursuing higher-level opening up and development. The country established its first pilot free trade zone (FTZ) in Shanghai in 2013. Now, there are 21 pilot FTZs in China, contributing 17.3 percent to its imports and exports and 18.5 percent to the total foreign investment into the country. These pilot FTZs have seen successful practice in 278 cases of innovation in institutional reform promoted at the national level or in specific regions.

China has seen steady progress in the construction of the Hainan Free Trade Port and further shortened the negative list for foreign investment. The country has successfully hosted a number of major expos, including the China International Import Expo, the China International Fair for Trade in Services, the China Import and Export Fair, and the China International Consumer Products Expo, and vigorously promoted high-quality cooperation under the Belt and Road Initiative.

China’s faith in and its commitment to reform and opening up will not waver. China has explored new horizons and pilot grounds for opening up, and built a new pattern of all-around and high-level opening up. China will become one of the most attractive investment destinations in the world.

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YantaiShuimu
Posted 1 year ago

China pushes for solid implementation of its 10 new measures of COVID-19 response


Local authorities across China are working to ensure forceful and effective COVID-19 response after the country issued its latest 10 prevention and control measures to further optimize pandemic control.

They are enhancing the popularization of healthcare knowledge among residents, guiding them to understand the novel coronavirus in a science-based manner, and encouraging them to be responsible for their own health.

For instance, some local governments have issued pandemic prevention brochures for individuals, and some made short videos to instruct people to perform rapid antigen test. Besides, some published digital guidebooks that tell people when and where they should see a doctor.



A courier fetches medicines from a 24-hour pharmacy in Huai'an, east China's Jiangsu province, Dec. 10, 2022. (People's Daily Online/Zhao Qirui)

Experts said that thanks to China's previous efforts to contain the pandemic, the country has seen a prominent decrease in the pathogenicity of the virus and developed effective vaccines and medicines, thus embracing an opportunity to further optimize its control measures.

The 10 new measures were introduced based on the latest epidemic situation and mutation of the virus to contain the epidemic in a more targeted manner.

One of the goals of optimizing pandemic response is to lower the impacts from the virus on people's life and work, ensure the treatment for the critically ill and groups at higher risk through effective resource allocation, better coordinate COVID-19 prevention and control with regular medical services, and better meet the demand for healthcare of the Chinese people.



A senior resident is vaccinated at a clinic in Yuquan district, Hohhot, north China's Inner Mongolia autonomous region, Dec. 12, 2022. (People's Daily Online/Ding Genhou)

Science-based and targeted implementation of these measures is important. From optimizing quarantine methods to ramping up the vaccination drive among the elderly, and from collecting health information about key groups to ensuring the functioning of the society and basic medical services, China is making unremitting efforts in various prevention and control work.

At present, China is working to ensure that responsibilities are fulfilled by local governments, departments, organizations and individuals, strengthen the construction and coordination of medical resources, improve the hierarchical medical system, and reinforce pandemic prevention capacity at the primary level, in hope of implementing the new measures in more targeted and effective manner.

To tackle the difficulties facing the people, local authorities across the country have requested hospitals above grade two and qualified primary-level medical institutions to establish and open fever clinics to the best of their capacity. Besides, they also requested relevant organizations to offer door-to-door vaccination services for disabled seniors and those with mobility issues. Smooth logistics will be ensured and the protection of groups at higher risk enhanced, too.



Citizens visit a park in Changsha, central China's Hunan province, Dec. 11, 2022. (People's Daily Online/Li Jian)

Since the outbreak of the COVID-19 pandemic, China has always put the people and their lives in the first place, effectively responded to more than 100 regional outbreaks at home and five global resurgences.

Over the past three years, China has always been committed to the people-centered approach, and optimized prevention and control measures in view of the evolving COVID-19 dynamics.

China's practice fully indicates that its COVID-19 response has to a very large extent protected the lives and safety of the Chinese people and facilitated people's life, production and investment. The optimized measures will make more efficient use of prevention and control resources, and better coordinate epidemic prevention and control with economic and social development.

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