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China strength for high-quality growth as nation vows development of new quality productive forces

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China’s annual Two Sessions, the second session of the 14th National People’s Congress (NPC) and the second session of the 14th Chinese People’s Political Consultative Conference (CPPCC) National Committee, kicked off in Beijing earlier this week. The important political season highlights new missions for steadily boosting high-quality development in a bid to build the country into a great modern socialist country while injecting new impetus into global growth.

This year marks the 75th anniversary of the founding of the People’s Republic of China and is a key year for achieving the goals outlined in the nation’s 14th Five-Year Plan (2021-25). In this pivotal year of comprehensively deepening reform, analysts, deputies and members attending the Two Sessions expect major measures to further promote high-quality development and advance Chinese modernization to be announced at the key political event.

Observers believe that China’s high-quality development in 2024 and in the medium- to long-term will be driven by new quality productive forces such as artificial intelligence (AI), the digital economy and other innovation industries. With continuous improvement in the overall economic structure, the Chinese economy will remain a promising destination for foreign investment and a major engine driving global growth.

New quality productive forces

At the 11th group study session of the Political Bureau of the Communist Party of China (CPC) Central Committee held on January 31, 2024, Xi Jinping, general secretary of the CPC Central Committee, said that developing new quality productive forces is an endogenous requirement and a pivot for high-quality development.

Sci-tech innovation has become an important driving force for China’s development. Recently, the term “new quality productive force” has become a key word for central and local governments in their arrangement of economic work, and is also an area that national legislators and political advisors are expected to provide suggestions for during the ongoing two sessions.

“New quality productive forces represent advanced productivity and is an important direction of China’s development. The vigorous development of new quality productive forces will eventually help achieve high-quality development in China,” Yu Miaojie, president of Liaoning University and a deputy to the 14th National People’s Congress (NPC), told the Global Times on Monday.

In order to boost the development of new quality productive forces, China should further increase investment in original innovations and basic research, Yu said. In 2022, the country’s investment in basic research accounted for 6.57 percent of the total research and development (R&D) spending, and the share should further climb to 7 percent or even 10 percent by the end of 14th Five-Year Plan period (in 2025), he said.

The development of new quality productive forces is currently picking up speed in China. Along with advances in the new technological revolution and industrial transformation, data, computing power and AI have become new drivers of the forces.

Yang Jie, chairman of China Mobile and a member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), suggested that the country boost the “AI+” campaign at the national level by strengthening top-level design and clarifying development goals and key tasks, in order to give full play to the huge potential of AI in achieving leapfrog development of technologies, industrial upgrade and productivity.

Comprised of AI and the manufacturing sector, smart manufacturing is an important part of new quality productive forces. However, China’s smart manufacturing faces three major problems: Supply capability needs to be strengthened, application needs to be promoted and a standard system needs to be established, said Zhong Zheng, an NPC deputy and vice president of the Midea Group.

She suggested that the country support leading companies in various industries to take the lead in developing industry solutions so as to help more companies set up world-leading smart factories that contribute to sustained development.

While new quality productive forces are important to the world’s second-largest economy, private enterprises also need to earnestly enhance their own productivity and boost transformation surrounding sci-tech innovations, Wang Junjin, a member of the 14th National Committee of the CPPCC and chairman of Shanghai Junyao (Group) Co, told the Global Times on Monday.

Wang said that efforts should also be made to inject momentum into the country’s burgeoning consumption sector, for example by building new business models and new spending scenarios in order to drive the high-quality development of China’s economy.

Vibrant economy

China’s economy grew by 5.2 percent year-on-year in 2023, contributing to more than 30 percent of the world’s economic growth. More importantly, steady progress was made in pursuing high-quality development last year, with consumption playing a larger part in driving growth, tech innovations making breakthroughs and new momentum accumulating.

The Chinese economy kicked off 2024 with a robust display of economic resilience and vitality. For example, China saw 474 million domestic tourist trips during the eight-day Spring Festival holidays that ended on February 17, up 34.3 percent year-on-year. China’s box office revenue during the same holiday season reached 8 billion yuan ($1.1 billion), setting a new record for the period.

“Overall, China’s development is seeing more favorable conditions than unfavorable ones, and the overall trend of China’s economic recovery and long-term improvement remains unchanged. We have plenty of confidence in that,” Lou Qinjian, spokesperson for the second session of the 14th NPC, said at a press conference on Monday, one day ahead of the opening of its annual session.

It is widely expected that policymakers will set a GDP target of around 5 percent for 2024 in the Government Work Report to be delivered by Chinese Premier Li Qiang on Tuesday, which will greatly boost market confidence and gather strength for the high-quality development of the economy.

The two sessions are a timely and clear response to certain pessimistic voices on the Chinese economy, mainly from Western countries, Han Baojiang, a member of the 14th National Committee of the CPPCC, told the Global Times.

“Chinese policymakers are sober and their approach to economic development – as shown by the Central Economic Work Conference and the Government Work Report set to be delivered on Tuesday – is very clear,” Han said. “To put it simply, improving our economy, enhancing people’s livelihoods, and ensuring stable employment may be the most effective way to deal with all those challenges.”

Foreign chambers of commerce and companies operating in China have also shown confidence in the prospects of the Chinese economy, eyeing greater opportunities from Chinese modernization.

“China remains an important market for our member companies,” Juha Tuominen, chairman of FinnCham Beijing, told the Global Times, saying that the chamber’s latest surveys showed that Finnish companies are positive about Chinese market potential.

Although the Chinese economy faces challenges such as weak consumption, a property market downturn and weak export momentum, the Chinese government has drawn up the appropriate policies. It’s hoped that there will be an improvement after this year’s two sessions, and Panasonic will strengthen local operations to deal with market changes, Tetsuro Homma, executive vice president of Panasonic Corporation, told the Global Times.

“China is the most important technology and supply chain base for Panasonic… We will closely follow topics such as healthcare, smart manufacturing and green development during the two sessions and are seeking opportunities in other key areas as well,” Homma said.

Source(s): CGTN

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UN chief calls for Israel-Hamas accord, int’l probe of mass graves in Gaza

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UNITED NATIONS, April 30 (Xinhua) — UN Secretary-General Antonio Guterres on Tuesday called for a cease-fire agreement between Israel and Hamas, and for an international investigation of the newly found mass graves in Gaza.

“I have called consistently for a humanitarian cease-fire, the immediate and unconditional release of all hostages, and a massive surge in humanitarian aid. Unfortunately, that has not happened — yet. But negotiations are once again under way,” said Guterres.

“For the sake of the people of Gaza, for the sake of the hostages and their families in Israel, and for the sake of the region and the wider world, I strongly encourage the government of Israel and the Hamas leadership to reach now an agreement,” he told reporters.

Without such an agreement, the war, with all its consequences both in Gaza and across the region, will worsen exponentially, he warned.

He raised the alarm at a possible Israeli offensive on Rafah.

Recent weeks have seen airstrikes in the Rafah area. A military assault on Rafah would be an unbearable escalation, killing thousands more civilians and forcing hundreds of thousands to flee. It would have a devastating impact on Palestinians in Gaza, with serious repercussions on the occupied West Bank, and across the wider region, warned Guterres.

“All members of the Security Council, and many other governments, have clearly expressed their opposition to such an operation. I appeal for all those with influence over Israel to do everything in their power to prevent it,” he said.

More than 1.2 million people are now seeking shelter in Rafah governorate, most of them fleeing the Israeli bombardment that has reportedly killed over 34,000 people. They have very little to eat, hardly any access to medical care, little shelter, and nowhere safe to go, he noted.

Guterres called for an international investigation of the newly found mass graves in Gaza.

“I am deeply alarmed by reports that mass graves have been discovered in several locations in Gaza, including Al Shifa Medical Complex and Nasser Medical Complex. In Nasser alone, over 390 bodies have reportedly been exhumed,” he said.

There are competing narratives around several of these mass graves, including serious allegations that some of those buried had been unlawfully killed, he told reporters. “It is imperative that independent international investigators, with forensic expertise, are allowed immediate access to the sites of these mass graves, to establish the precise circumstances under which hundreds of Palestinians lost their lives and were buried, or reburied.”

The families of the dead and missing have a right to know what happened. And the world has a right to accountability for any violations of international law that may have taken place, he said.

Hospitals, health workers, patients and all civilians must be protected. The human rights of all must be respected, said Guterres.

Guterres also called for more humanitarian assistance in Gaza.

“In northern Gaza, the most vulnerable — from sick children to people with disabilities — are already dying of hunger and disease. We must do everything possible to avert an entirely preventable, human-made famine,” he said. “We have seen incremental progress recently. But much more is urgently needed, including the promised opening of two crossing points between Israel and northern Gaza, so that aid can be brought into Gaza from Ashdod port and Jordan.”

Under international humanitarian law, civilians must be protected and they must be able to receive the essentials they need to survive, including food, shelter, and health care, he noted.

A major obstacle to distributing aid across Gaza is the lack of security for humanitarians and the people in need. Humanitarian convoys, facilities and personnel, and people in need, must not be targets, he said.

Guterres called on the Israeli authorities to allow and facilitate safe, rapid and unimpeded access for humanitarian aid and humanitarian workers throughout Gaza.

He called for support for the UN relief agency for Palestine refugees, UNRWA, saying the agency has an irreplaceable and indispensable role in supporting millions of people in Gaza, the occupied West Bank, Jordan, Syria and Lebanon.

Most countries that had suspended contributions to UNRWA following Israel’s allegations that a dozen UNRWA staff members participated in the Oct. 7 attack on Israel, have resumed their aid. The United Nations is optimistic that other countries will follow suit. But a funding gap remains, he said. “I call on member states, both traditional and new donors, to pledge funds generously to ensure the continuity of the agency’s operations.”

Guterres reaffirmed the world body’s commitment to a two-state solution — the only sustainable path to peace and security for Israelis, Palestinians, and the wider region.

“The United Nations is totally committed to supporting a pathway to peace, based on an end to the (Israeli) occupation and the establishment of a fully independent, democratic, viable, contiguous, and sovereign Palestinian state, with Gaza as an integral part,” he said.

Source(s): Xinhua

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Hopes rise for possible truce as Gaza conflict nears 7th month

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Israel is set to send a delegation to Cairo for talks with Hamas on a new ceasefire proposal aimed at securing the release of hostages held in Gaza as the conflict lingers on for nearly seven months now.

The delegation, composed of security officials, will depart on Tuesday to discuss the deal with Egyptian brokers, an Israeli government source told Xinhua.

A Hamas delegation left Egypt after the talks and will “return with a written response” to the latest truce proposal, according to Egyptian sources quoted by Al-Qahera News, a site also linked to Egyptian intelligence services.

Abdul Latif al-Qanou, a spokesman for Hamas, said on Monday in a statement that “ensuring a permanent ceasefire is a fundamental cornerstone for moving towards the details of negotiations and the success of the agreement with the Israeli occupation.”

According to the Israeli state-owned Kan TV, in the revised proposal, Israel has agreed to reduce the number of hostages it demands to be released to 33.

Israel initially insisted that Hamas release a minimum of 40 hostages but altered its position upon learning that the actual number of surviving hostages was below 40.

Speaking on Monday at a World Economic Forum meeting in Riyadh, Saudi Arabia, Egyptian Foreign Minister Sameh Shoukry said Egypt was hopeful about a proposal for a truce and the release of hostages, but awaiting responses from Israel and Hamas.

“We are hopeful the proposal has taken into account the positions of both sides, has tried to extract moderation from both sides, and we are waiting to have a final decision,” Shoukry said.

A Palestinian official close to mediation efforts told Reuters: “Things look better this time,” but declined to say whether an agreement was imminent.

Israel’s military operation to eradicate Hamas has killed at least 34,480 Palestinians and wounded 77,643, according to Gaza’s health authorities. It has displaced most of the Palestinian enclave’s 2.3 million people and laid much of the area to waste.

The campaign was triggered by the October 7 attack on Israel in which Hamas militants killed 1,200 people and took 253 hostages, according to Israeli tallies.

The conflict has brought Gaza to the brink of famine, United Nations and humanitarian aid groups say, while reducing much of the territory to rubble and raising fears of a wider regional conflict.

High temperatures in crowded Rafah have turned makeshift shelters made from plastic tarps into sweltering ovens. The UN has warned of diseases spreading.

Source(s): CGTN

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Talks between Israel, Egyptian delegation over Gaza ceasefire reportedly ‘very good’

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Negotiations over Israel’s upcoming offensive in the Gaza Strip’s southernmost city of Rafah and efforts to achieve a ceasefire deal with Hamas were “very good” between Israeli officials and a high-level Egyptian delegation, media and sources said Friday.

The negotiations were “very good, focused, held in good spirits and progressed in all parameters,” a senior Israeli official told Israeli media Ynet.

“In the background, there are very serious intentions from Israel to move ahead in Rafah,” and the Egyptians are willing to exert pressure on Hamas to achieve a deal, the official was quoted as saying.

According to the Israeli official, Israel made a warning that it would not agree to foot-dragging by Hamas on the hostage deal to delay the military operation in Rafah, and he also mentioned that Israel had deployed reserve soldiers to the Gaza Strip.

According to Channel 12, the official added that Israel is prepared to make more “significant compromises,” such as permitting the evacuation of Gazan civilians in northern Gaza and removing its troops from a crucial corridor that divides Gaza.

Meanwhile, Egypt reportedly sent a high-level delegation, led by senior intelligence official Abbas Kamel, to Israel on Friday with the hope of brokering a ceasefire agreement with Hamas in Gaza.

Considerable progress has been achieved in bringing the views of the Egyptian and Israeli delegations closer together regarding reaching a truce in Gaza, Egypt’s Al-Qahera News TV reported.

In addition, two high-ranking Egyptian security officials confirmed to Xinhua news agency that the talks discussed Egypt’s “rescue initiative,” which aims to prevent any more escalations in the Strip and avoid the invasion of Rafah.

On Thursday, Israeli media reported that the country is expected to “soon” begin evacuating civilians from Rafah ahead of a planned ground attack.

Earlier Thursday, Israel’s wartime cabinet and security cabinet convened to discuss a possible assault on Rafah, a city previously considered a “safe zone” from the relentless Israeli bombardments, where about 1.4 million displaced Palestinians have found refuge.

Source(s): CGTN

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