Hong Kong delegation to visit Saudi Arabia to enhance financial cooperation

SEOUL, October 28 (AJP) - Paul Chan, the financial secretary of the Hong Kong Special Administrative Region (HKSAR), will lead a delegation from the financial, innovation, and technology sectors to Saudi Arabia on Monday. Analysts believe this visit will strengthen cooperation between the HKSAR and the Middle East across various areas, reinforcing Hong Kong's role as a global financial and commercial hub. The delegation includes over 110 members, consisting of leaders or repr

October 28, 2024

China's industrial profits exceed 5 trillion yuan in first three quarters  

SEOUL, October 28 (AJP) - Major industrial enterprises in China posted combined profits of 5.23 trillion yuan (735.41 billion U.S. dollars) from January to September, marking a 3.5 percent decrease compared to the same period last year, according to the National Bureau of Statistics (NBS) on Sunday. Sectors driven by high-tech manufacturing have seen rapid growth, demonstrating resilience in the industrial economy, noted NBS statistician Yu Weining. Several factors have influence

October 28, 2024

Chinese premier pushes for initiatives to boost energy supply

SEOUL, October 25 (AJP) - Chinese Premier Li Qiang has called for solid efforts to accelerate the progress of the Three-North Shelterbelt Forest Program (TSFP) and secure energy supply. Li made these remarks during his research and investigation tour in Ningxia Hui Autonomous Region and Inner Mongolia Autonomous Region from Tuesday to Thursday. The TSFP is the world's largest afforestation project, aimed at combating desertification in northwest, north, and northeast China. I

October 25, 2024

Xi urges 'BRICS Plus' to pursue common security, development and harmony

SEOUL, October 25 (AJP) - Chinese President Xi Jinping on Thursday called on "BRICS Plus" countries to work together for common security, shared development, and harmony among civilizations. During his speech at the "BRICS Plus" leaders' dialogue, Xi emphasized that the rise of the Global South is a notable feature of global transformation. He highlighted that the collective efforts of Global South countries toward modernization represent a significant and un

October 25, 2024

China to launch monthlong consumption campaign in five major cities

SEOUL, October 24 (AJP) - China will initiate a monthlong campaign to boost consumer spending in November, the Ministry of Commerce said on Wednesday. The campaign will take place in Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing and feature a variety of activities aimed at promoting consumption in shopping, dining, tourism, exhibitions, and performances. Local authorities and relevant departments have been instructed to refine their plans and introduce effective measures t

October 24, 2024

Xi meets Modi at BRICS summit, calls for cooperation on development goals

SEOUL, October 24 (AJP) - Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi on the sidelines of the 16th BRICS summit on Thursday. Analysts in China highlighted the meeting's strategic importance, suggesting that improved China-India relations benefit both countries and contribute to a multipolar world order. During their conversation in Kazan, Russia, Xi urged both nations to support each other's development ambitions, stressing the need for enhanced

October 24, 2024

China to regulate disposal of renewable energy waste

SEOUL, October 23 (AJP) - As China's new and renewable energy industries grow rapidly, there are increasing concerns about waste, particularly from discarded batteries, solar panels, and wind turbine blades. In response, environmental authorities are tightening regulations and creating specific disposal standards. "We prioritize the environmental regulation of these new types of solid waste to support the high-quality development of clean energy industries," said Gu

October 23, 2024

Xi meets Putin in BRICS summit in Kazan

SEOUL, October 23 (AJP) - Xi emphasized that China and Russia have developed a successful approach to their relationship, characterized by non-alliance, non-confrontation, and not targeting any third parties during his meeting with Russian President Vladimir Putin in Kazan, Russia on Tuesday. He acknowledged the progress in China-Russia relations, highlighting several significant achievements. Xi expressed his hope for extensive discussions with Putin and other world leaders about t

October 23, 2024

China delivers critical medical aid to Lebanon amid escalating conflict

SEOUL, October 22 (AJP) - China delivered a shipment of emergency medical aid to Lebanon on Monday, as the country contends with casualties from ongoing cross-border conflicts with Israel. The delivery included 3,601 boxes containing anesthesia machines, tracheal intubation tubes, and surgical gowns, which arrived at Beirut's Rafik Hariri International Airport. Chinese Ambassador Qian Minjian and Lebanese Health Minister Firass Abiad were present at the handover ceremony. Qia

October 22, 2024

China condemns bombing of consulate-general in Myanmar

SEOUL, October 22 (AJP) - China strongly condemned the explosion that targeted its consulate-general in Mandalay, Myanmar on Monday. At approximately 5 p.m. last Friday, an explosive device was detonated at a building belonging to the Chinese consulate-general in Mandalay. While no injuries were reported, some damage occurred to the premises, Lin Jian, a spokesperson for the Chinese Foreign Ministry said. The ministry, along with the embassy and consulate-general in Myanmar, prom

October 22, 2024