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Huashang Newspaper Pakistan has launched the first Chinese language (along with an English version) newspaper "Huashang

In response to the Chinese "One Belt One Road" initiative, Pakistan has launched the first Chinese language (along with an English version) newspaper "Huashang Weekly" to better promote enterprise-depth cooperation between China and Pakistan under the "China-Pakistan Economic Corridor".

07/11/2025

Thai king to pay state visit to China

King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua of Thailand will pay a state visit to China this month, the first by a Thai monarch since diplomatic relations were established in 1975.

During the Thai king's visit from Nov 13 to 17, President Xi Jinping and Premier Li Qiang will hold separate meetings with him, according to China's Foreign Ministry.

The king has chosen China as the first major country for his official visit, which "fully shows the great emphasis both sides place on the development of China-Thailand relations", Foreign Ministry spokeswoman Mao Ning said on Thursday at a daily news conference in Beijing.

This year marks the 50th anniversary of the establishment of China-Thailand diplomatic relations and the golden jubilee of China-Thailand friendship, which "presents new opportunities for the development of bilateral relations", Mao said.

China looks forward to taking this visit as an opportunity to carry forward the traditional friendship, strengthen political mutual trust and deepen mutually beneficial cooperation, she said.

Beijing also looks to achieve more fruitful results in jointly building a China-Thailand community with a shared future, better benefit the people of both countries and contribute to the region's peace, stability, development and prosperity, she added.

According to a statement released on Thursday by the Thai Foreign Ministry, King Maha Vajiralongkorn and Queen Suthida Bajrasudhabimalalakshana will undertake a series of official engagements and visit important cultural and religious sites in Beijing.

They are also expected to visit institutions that showcase China's national development, particularly in science, technology, innovation and education.

"This historic state visit — the first visit by a Thai monarch to China — reflects the deep-rooted friendship and mutual understanding shared between the two countries at all levels," the Thai Foreign Ministry statement said.

The visit "will further strengthen Thailand-China bilateral relations for years to come, bringing lasting benefits to the peoples of both countries", it added.

China has remained Thailand's largest trading partner for 12 consecutive years.

The bilateral trade volume exceeded $133.98 billion last year, marking a year-on-year increase of 6.1 percent, according to the Ministry of Commerce.

Mao, the Chinese Foreign Ministry spokeswoman, noted that the two countries are "close, friendly neighbors". In recent years, China-Thailand relations "have maintained a high level of development" under the strategic guidance of the leaders of both countries, she said.

During President Xi's visit to Thailand in 2022, leaders from the two sides reached consensus on building a China-Thailand community with a shared future.

Last week, Xi met with Thai Prime Minister Anutin Charnvirakul on the sidelines of the 2025 Asia-Pacific Economic Cooperation Economic Leaders' Meeting, which was held in Gyeongju, the Republic of Korea.

"The leaders of China and Thailand have maintained close exchanges, like visiting relatives, and many members of the Thai Royal Family have personally promoted friendly exchanges as well," Chinese Ambassador to Thailand Zhang Jianwei said in a signed article published in Thai media earlier this year.

07/11/2025

Huawei supports Kenya's shift to clean and digital energy

Chinese technology company Huawei has unveiled a comprehensive digitization roadmap that aims to modernize Kenya's power sector, improve grid resilience, and accelerate the transition of the country to clean and smart energy.

The project will contribute to a sustainable response to Kenya's increasing energy requirements, which is driving digital transformation in the energy sector through smart grids and the integration of renewable energy.

The "Digitalization White Paper for the Energy Industry", which was launched at the Huawei Kenya Energy Summit 2025 in Nairobi, provides a detailed plan for integrating smart technologies that will help Kenya meet its increasing needs for energy in a sustainable manner.

The plan lays out four key strategies, including building digital green power plants that can be monitored and controlled remotely, and automated systems that will keep the power grid running smoothly.

Huawei's blueprint further advocates for multi-source self-healing distribution networks that can independently detect faults and recover, while optimizing coordination among multiple sources of energy for better efficiency and sustainability.

Kenya's Cabinet Secretary for Energy and Petroleum Opiyo Wandayi, while applauding Huawei's role, expressed confidence that the country was on track to achieve universal access to clean, reliable, and modern energy by 2030.

"Our vision for the future energy is one which harnesses both traditional and renewable energy sources with a particular focus on clean energy technologies that can drive economic growth while ensuring environmental sustainability," he said.

Wandayi noted that Kenya has immense potential in strategic partnerships it has built and continues to build with global partners like Huawei. And Wandayi said smart grids, renewable energy, and energy internet have transformed the space with unprecedented efficiency and reduction of costs.

Benjamin Muoki, Kenya Power's telecommunications and service delivery manager, said Huawei's support has offered a major boost in improving the utility company's operational efficiency, its customer experience, and network reliability.

06/11/2025

Beijing hopes COP30 will address concerns of developing nations

Chinese officials and experts have expressed the hope that the upcoming 30th Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP30, will consider the concerns of developing nations, especially their demand for funding.

They also look forward to seeing the annual UN gathering, which will run from Thursday through Nov 21 in Belem, Brazil, send a strong signal of unwavering commitment to climate multilateralism.

One of the focus areas of the conference will be the implementation of the landmark 2015 Paris Agreement and the assessment of updated Nationally Determined Contributions of countries.

An NDC is a climate action plan to cut emissions and adapt to climate impacts that each party to the Paris Agreement is required to establish and update every five years.

In a video address to the 9th Ministerial on Climate Action held in Toronto, Canada, on Friday and Saturday, China's Minister of Ecology and Environment Huang Runqiu emphasized that COP30, which coincides with the 10th anniversary of the Paris Agreement, is pivotal to launching the next decade of global climate action and cooperation.

He noted "proactive progress" in implementing the UNFCCC and its Paris Agreement, as parties joined hands to cope with the grim challenges posed by the climate crisis by introducing NDCs and long-term low-carbon development strategies.

The minister also underscored the challenges the world faces in advancing multilateral processes and international cooperation to tackle climate change.

"Ensuring the comprehensive, effective and sustained implementation of the Paris Agreement, as well as achieving global green, low-carbon, and climate-resilient development, remains a substantial challenge," he said.

Against this backdrop, Huang expressed his hope to see fairness emphasized in COP30. He also stressed the importance of conducting proceedings with both prudence and pragmatism, in order to foster a meaningful international cooperation.

Xia Yingxian, director of the Ministry of Ecology and Environment's department of climate change, emphasized that COP30 is being held even as global climate governance is encountering challenges due to the imminent withdrawal of a certain country from the Paris Agreement.

The United States announced its withdrawal from the Paris Agreement for the second time early this year. A White House spokeswoman confirmed recently that the US will not send any high-level representatives to COP30.

"We hope this conference will clearly convey positive political signals, highlighting the unstoppable collective efforts in climate action, the irreversible momentum of green and low-carbon development, the essential role of international cooperation, and the unwavering commitment to multilateralism," Xia said.

He stressed the importance of addressing concerns of developing nations at the COP30, as parties negotiate to draw up road maps to implement the post-2025 climate finance targets they reached last year and review the progress that has been made in efforts to double international public adaptation finance from 2019 levels by 2025, a goal adopted in 2021.

COP30 should "ensure that developing nations have the essential support needed to fulfill their NDCs", he said

At COP29 in Baku, the capital of Azerbaijan, participating countries reached consensus on an annual funding of at least $300 billion from developed countries and a broader climate finance goal of at least $1.3 trillion per year by 2035 for supporting climate actions of developing countries.

Lyu Wenbin, director of the Academy of Macroeconomic Research's Energy Research Institute, stressed that many developing countries have expressed dissatisfaction with the post-2025 climate finance targets reached last year, and they all hope to see positive progress in formulating road maps for the targets at COP30.

He emphasized that the Belem conference should serve as one that promotes a just transition.

Parties should strengthen their consensus on the issue, and developing countries must have access to affordable green technologies and products in the global green and low-carbon transition, he said.

"There should be increased financial and technological support for developing countries, and it should be ensured that high-quality green products can circulate freely worldwide, allowing green development to truly benefit every part of the world," Lyu added.

06/11/2025

ABB expands sustainability efforts at the CIIE

The 8th China International Import Expo opened with an upbeat tone, highlighting China's continued push for high-level opening-up, said Gu Chunyuan, chairman for China at ABB Group.

The Swiss technology company has participated in the CIIE for eight consecutive years, unveiling more than 300 innovations, launching annual premieres, and signing over 110 strategic cooperation agreements — translating its green commitments into tangible outcomes for sustainable development and real-world impact.

Looking ahead to China's 15th Five-Year Plan (2026-30) period for comprehensive green transformation, ABB will leverage the CIIE as a platform to roll out its "Mission to Zero" initiative in China, Gu said.

"In collaboration with our value-chain partners, we will upgrade digital and intelligent solutions, set replicable zero-carbon benchmarks and build an open ecosystem to help industries move faster — leaner and cleaner," he added.

05/11/2025

China delays Shenzhou-20 return mission

The return of China's Shenzhou-20 crewed spaceship, originally scheduled for Wednesday, will be postponed due to a suspected impact from tiny space debris, according to the China Manned Space Agency (CMSA).

The impact analysis and risk assessment are under way. The decision to delay the return aims to ensure the astronauts' safety and mission success, the agency said.

05/11/2025

China's central bank to resume treasury bond purchase after pause earlier this year

The People’s Bank of China (PBOC) , the country’s central bank, will restart its treasury bond purchases in the open market, said PBOC governor Pan Gongsheng at the Annual Conference of Financial Street Forum 2025 in Beijing on Monday.

The move is expected to enrich China's monetary policy toolkit and enhance the financial functions of government bonds, according to Pan.

The PBOC paused its treasury bond trading earlier this year due to “significant pressure” from supply-demand imbalances in the bond market and increasing market risks, Pan said.

Liao Bo, macro co-chief analyst at Zheshang Securities, told media that the “core purpose” of the central bank’s trading of government bonds is to “regulate liquidity”, adding that it does not indicate the “stance” of China’s monetary policy.

The resumption will inject “long-term liquidity” into the banking system, prompting financial institutions to “increase credit lending,” said D**g Ximiao, chief researcher at Zhaolian Finance.

04/11/2025

Shenzhen to take APEC center stage

China's announcement that Shenzhen will host next year's 33rd Asia-Pacific Economic Cooperation Economic Leaders' Meeting has placed the coastal city in the spotlight.

It marks the third time for China to host APEC, following Shanghai in 2001 and Beijing in 2014.

APEC 2026 is poised to showcase Shenzhen's remarkable development and technological achievements, and highlight China's sustained contribution to shared prosperity in the Asia-Pacific region, according to observers.

Shenzhen, a metropolis in South China's Guangdong province, has been the focal point of China's reform and opening-up for the past 47 years, and has grown from being just a small fishing village into a miracle of economic liberalization.

Dai Yonghong, dean of Shenzhen University's College of International Studies, said the choice of the city to host APEC was of symbolic importance. "Shenzhen serves as a window showcasing China's development model, acting as a testing ground for the country's reform and opening-up, and standing as a prime example of the success," Dai said.

"Through the case of Shenzhen, China will also showcase at APEC — a platform focused on economy and cooperation — a Chinese path to modernization that has led to economic takeoff, particularly to developing countries," he added.

Shenzhen's GDP has skyrocketed from being just 270 million yuan ($37.95 million) in 1980, to 3.68 trillion yuan last year. In 2024, its total import and export value reached 4.5 trillion yuan, cementing its position as China's top foreign trade city.

Its evolution aligns with APEC's emphasis on open trade, digital transformation and sustainable growth. As a key engine of the Guangdong-Hong Kong-Macao Greater Bay Area, the city serves as a platform for promoting new forms of globalization and regional integration.

Guo Wanda, executive vice-president of the Shenzhen-based China Development Institute, said the city's dynamism and innovative capacity reflect the very principles APEC advocates.

In addition, the city's stature as a hub of technological innovation — home to tech heavyweights such as Huawei, Tencent, BYD and DJI — reinforces China's commitment to high-quality development and self-reliance in science and technology.

Zeng Guosong, secretary-general of the International SparkLink Alliance, said APEC 2026 will be a valuable opportunity. "The event will focus global attention on Shenzhen's advancements in sectors such as wireless communication," he said. "We look forward to engaging with international partners and showcasing our standards and vision."

Beyond its economic and technological significance, the choice of Shenzhen is also a source of pride for local residents.

"Shenzhen represents openness, innovation and inclusion. I truly hope to volunteer during the event and help share the energy and passion of Chinese youth," said Ding Hui, a 22-year-old graduate student at South China Agricultural University, who was born and raised in the city.

Hosting an event of this scale will test and enhance Shenzhen's capabilities in conference organization, urban management and international exchanges. "It represents both a milestone and a catalyst — elevating Shenzhen's global profile while motivating further improvements in its soft power and infrastructure," said Guo from the China Development Institute.

04/11/2025

China unveils 10 new immigration measures, expands port access for Taiwan residents

China on Monday unveiled ten new immigration and exit-entry measures, including a nationwide system allowing mainland residents to apply for permits to visit family in Taiwan, and an expansion of ports authorized to issue single-entry travel permits to Taiwan residents, the National Immigration Administration (NIA) announced.

The number of ports where Taiwan residents can obtain a single-entry Mainland Travel Permit upon arrival will increase from 58 to 100, the NIA said. Under the new measures, Taiwan residents arriving at mainland ports without valid travel documents may apply for a single-entry permit at port exit-entry offices and enter the mainland upon approval.

Starting Wednesday, applications from mainland residents for family visit endorsements to Taiwan will be accepted nationwide. Residents can apply at any public security exit-entry bureau at or above the county level, following procedures prescribed by their place of household registration.

Additional measures include expanding the pilot scope of talent endorsement policies, promoting intelligent exit-entry clearance at select ports with Hong Kong, Macao and Taiwan, and broadening the scope of ports offering 24-hour visa-free direct transit. Facial recognition technology will also be introduced at more ports beyond Shenzhen Bay and Zhuhai’s Gongbei Port.

03/11/2025

Global cooperation urged on disasters

Global experts are calling for strengthened international cooperation to better mitigate the more intense and frequent natural disaster risks brought on by climate change, a key message from a recent conference in Beijing. They emphasized the importance of knowledge sharing, capacity building and technological empowerment in this effort.

"We have traditional risks such as flooding, droughts and earthquakes — types of risks with which we are familiar. However, recently, as global warming intensifies, we have witnessed more intense, large-scale and compound situations that we have not seen before," said Philippe Gourbesville, president of the International Association for Hydro-Environment Engineering and Research.

He underscored the cascading effects of such emerging risks, which may lead to interconnected disasters that threaten the safety of human life and property. He noted that the changing behavior of natural systems has left not only people but also infrastructure designs insufficiently prepared.

To tackle these challenges, Gourbesville proposed strengthened international cooperation to enhance observation and understanding of the mechanisms behind such risks, suggesting setting up a comprehensive network of sensors and monitoring stations across vulnerable regions.

In addition, he proposed the revision of engineering practices to adapt to the new circumstances, deciding on things such as whether buildings should be built to resist or recover from disasters.

He made the remarks at the recent two-day 2nd International Conference on Climate Change and Disaster Risk.

Martin Manuhwa, chair of the Committee on Engineering Capacity Building of the World Federation of Engineering Organizations, echoed Gourbesville's views, emphasizing the fundamental importance of engineering in geoscience to ensure the resilience of buildings and transport networks.

Manuhwa also highlighted the technological advantages that artificial intelligence has brought.

"Things like machine learning and deep learning are effective for disaster classification, identification and notification. However, even with the most sophisticated systems, we still encounter problems and challenges due to the extremeness and unknown of such disasters," he said.

However, for Africa, where he is from, Manuhwa underscored that all the necessary systems, even for traditional disasters, are not yet in place.

"If Africa is left behind, it means the world of humanity is not developed," he said. "We call for collaboration, especially under the Belt and Road Initiative."

He noted that disasters are multidisciplinary and cross-boundary, necessitating knowledge sharing, technology transfer and capacity building, especially in developing countries.

Wang Fawu, a professor of geodisaster reduction at Tongji University and chairholder of the UNESCO Chair on Geoenvironmental Disaster Reduction, emphasized the importance of scientific popularization among the general public.

"The general public often bears the brunt of natural disasters, making it crucial to enhance disaster prevention education for them. Such education could raise their awareness of the severity and patterns of disasters, enabling swift and accurate responses to early warnings and timely evasive actions," Wang said.

Anne-Sophie Stevance, head of the International Science Council's Science and Science-Policy Unit, said that the knowledge base is inherently an international iterative process.

"Disaster risk is one area where we see the need to learn from different regions and different contexts, as risks manifest in different ways," Stevance said.

31/10/2025

U.S. Fed cuts rate again as government shutdown clouds outlook

The U.S. Federal Reserve on Wednesday cut its benchmark interest rate by a quarter of a percentage point, to a new range of 3.75 percent to 4 percent. This marks back-to-back rate cuts by the Fed after a similar reduction on September 17 and its fifth rate cut since September 2024.

The Federal Open Market Committee (FOMC), the Fed's policy-making body, says that current indicators suggest economic activity has been expanding at a moderate pace. Job growth has slowed this year, and the unemployment rate has risen slightly, while downside risks have recently increased. On the other hand, inflation has picked up since the beginning of the year and remains elevated. The FOMC believes uncertainties regarding the economic outlook remain high.

In light of the shifting balance of risks, it decided to lower the target range for the federal funds rate by 25 basis points. In addition to the rate move, the Fed announced that it would be ending the reduction of its asset purchases—a process known as quantitative tightening–on December 1.

The Fed's policy action came at a time when the U.S. government shutdown is about to complete a month, and with key data releases being delayed.

An analysis from ICBC International stated that historical experience shows a non-linear positive correlation between the duration of government shutdowns and economic losses. As a shutdown persists, economic losses—particularly the proportion of permanent losses that are difficult to recover or compensate—further amplify. Although the Federal Reserve's policy objectives will not change due to a government shutdown, fiscal absence complicates the environment for monetary policy. In the face of increasing economic risks, they expect the Fed to accelerate monetary easing both in terms of timing and policy framework.

31/10/2025

China opposes disrupting int'l trade order
Consistent with international practice and aimed at better upholding world peace

BEIJING: China urges the G7 nations to stop disrupting the international trade order with the self-made rules of a group, Foreign Ministry Spokesperson Guo Jiakun said on Thursday.

Guo made the remarks at a regular press briefing when commenting on the reports that the G7 nations are set to announce a critical minerals production alliance to counter China's dominance of the market.

"China took steps to standardize and improve the export control system. This is consistent with international practice and aimed at better upholding world peace and regional stability and performing non-proliferation and other international obligations," the spokesperson said.

"We urge the G7 to earnestly observe the principles of market economy and international trade rules, stop disrupting the international trade order with the self-made rules of a group, and jointly work for a stable global economy," Guo said.

30/10/2025

Trading event best chance for MNCs' global pivot

The eighth China International Import Expo offers a great opportunity for multinational corporations to build a global pivot, and turn exhibits into commodities, experts and executives said.

Stefan Oelrich, a member of the Board of Management of Bayer AG and head of its pharmaceuticals division, said: "The CIIE is an important venue, where import decisionmakers come together in China. For us, it's absolutely key to have a good presence there.

"We're looking to showcase part of our pipelines that are making good progress, and pleased with China being a market where we participate in doing clinical trials and launching innovation incubators. In addition, we are also pleased that we see a better access in the biotech sector that needs capital support that we could provide," he said.

As a company that will take part in the expo for the eighth consecutive year, Bayer said the CIIE is a key platform that drives high-standard development through high-level opening-up.

New Zealand-headquartered Silver Fern Farms is also a "full-attendance student" at the CIIE.

Speaking of the expo's spillover effect, Dan Boulton, chief executive of SFF, said that the CIIE offers a platform for the company to share New Zealand's natural goodness with the Chinese market. This year, SFF will showcase New Zealand grass-fed mini beef and cheeseburgers.

"China, New Zealand's largest trading partner, saw bilateral trade exceed 38 billion NZD ($21.9 billion) in 2024. The complementary value cooperation between the two countries has created unparalleled trade opportunities, paving new ways for enterprises from the two countries to advance exchange and cooperation," Boulton said.

Data from the Bureau of the China International Import Expo showed that last year's expo witnessed signed yearly deals worth over $80 billion, up 2 percent year-on-year.

"The CIIE is attracting more and more attention, and it keeps evolving, not only as a stage to showcase products, but also as a platform for cross-border and cross-sector collaborations. Chinese customers are also seeking integrated smart solutions designed for their industry's full life cycle, rather than only individual products. These offer us great opportunities," said Anu Rathninde, president for Asia-Pacific at US-based smart building solutions provider Johnson Controls.

Wang Peng, an associate research fellow at the Beijing Academy of Social Sciences, said: "The CIIE accelerates the landing of foreign investment projects, drives collaborative innovation in the upstream and downstream of the local industrial chain, and forms a virtuous cycle of 'introduction-absorption-reinnovation'; the expo also optimizes the business environment through policy docking and institutional innovation, provides long-term development guarantees for multinational enterprises, and achieves the continuous transformation of 'exhibits into commodities and exhibitors into investors'."

Susan Gu, general manager of Haleon Chinese mainland and Hong Kong, said: "We personally experienced the accelerated transformation of 'exhibits into products'. Our products that have appeared in previous CIIEs have all achieved unexpected market responses after entering the Chinese market."

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