As one of the official events of 2024 New York Fashion Week, a T-stage gala made its debut in Puyuan Town in East China's Zhejiang Province on Saturday. Known as the "hometown of knitted clothing" in China, Puyuan became a sensation when its sweater market turnover reached 130.4 billion yuan ($18.3 billion) in 2023.
The show was called the NYFW Shang Discovered: Global Design & Model Competition. A total of 18 emerging designers and 60 models debuted at the town's Puyuan Fashion Resort, a cultural touristic landmark known for its antique-looking architecture in Tongxiang, East China's Zhejiang Province.
The gala featured garments made from the local intangible cultural heritage known as "Pu silk." Ma Jianrong, the chairman of the event's organizing committee, told the Global Times that the gala not only exhibits the "indigenous yet inclusive Chinese aesthetics to the world," but also shows how Puyuan is using "fashion" as a strategy for its modern development.
"At this show, we want people to see how fashion has boosted the region's industrial growth as well as nurtured opportunities in sectors like cultural tourism," Ma emphasized. Puyuan's sweater manufacturing tradition emerged during the 1970s with only a few hand-operated flat knitting machines and a few merchants. Now, the 60.5-square-kilometer town has more than 13,000 business units. Its all-round and modernized industrial chain makes it China's largest production base for knitted clothing.
Over 40 years of development, the local knitting industry, especially its cashmere and sweater sectors, has blossomed. Around 700 million sweaters made in Puyuan Town are sold annually worldwide. Such a record is still expecting new growth due to the nearby Jiaxing Nanhu Airport that is under construction.
"We have a powerful and well-established manufacturing base here, and now we are looking to transform it into 'Puyuan Fashion' through a pan-fashion strategy," Zhou Yan, member of the Standing Committee of the CPC Tongxiang committee and the Party secretary of Puyuan Town of the People's Government of Tongxiang, told the Global Times. Taking the NYFW Shang Discovered show as an example, the pan-fashion strategy suggests "broadening the concept of fashion" and combining it with cultural creative industries, tourism, the fashion industry and also the younger generation's preferred sectors like esports.
The Puyuan Fashion Resort is where this pan-fashion blueprint is being fulfilled.
The resort, which carries South China's typical above-water gardening and architectural aesthetics, has brought in more than 1 million tourists since it was opened in 2023. It is now a Puyuan landmark that hosts fashion shows every year. It also has events dedicated to esports and the streaming industry planned for the latter half of the year. Yao Jie, a representative who is in charge of the resort's management sector, told the Global Times that in the future a Coca-Cola experiential center is planned for the resort with the aim of attracting young visitors. Also, the resort is planning to dedicate a block to incorporate cultural and creative commercial units with original designs.
"Our target consumers are young people of course, but also people pursuing fashionable lifestyles regardless of their age," Yao remarked. She also emphasized that tourists make huge contributions to the local clothing retail market. The approach of using the increasing number of tourists to promote itself while boosting sales is just one goal of its development plan for the next five years.
Giving his insight, Zhou told the Global Times that "Puyuan Fashion" will aim to go abroad by "bringing in overseas design brands while encouraging local brands to join international exhibitions."
"Our aim is to make the world know that any knitted product with a Puyuan tag is one of the top-notch products in the world," Zhou remarked.
"Bailu," or White Dew, the 15th of the 24 solar terms in the traditional Chinese calendar, falls on September 7 this year.
Ancient Chinese usually described the seasons with the five elements. According to the Chinese calendar, Bailu takes place in autumn, which is golden. In the Chinese color system, a golden color is close to white, the color associated with the element of metal, so their conclusion was that this is the time of year when yin energy grows heavier, leading to white dew to condense on the ground, according to the Collective Interpretation of the Seventy-two Phenological Terms, compiled by Yuan Dynasty scholar Wu Cheng.
After Bailu, the temperature declines gradually and the moisture in the air often condenses into white dew on the grass and trees at night.
Ancient Chinese divided the Bailu period into three pentads. The first pentad starts when the swans and wild geese start to fly south. The second sees the southward migration of birds such as swallows to the south for the winter. The third pentad starts when birds begin to stock up on food for the winter.
During the Bailu period, the human body often experiences dryness, so it is best to consume nutritious and easily digestible food to stay fit.
This is also the solar term for the harvest as it is the time when the northeast region in China begins to harvest millet, sorghum and soybeans. Farmers are also busy planting wheat. In northern China, the autumn harvest has begun, and preparations for sowing wheat are being carried out as early as possible. Meanwhile, Northwest China is starting to plant winter wheat and Southwest China is harvesting rice and millet. In Central China, farmers are harvesting rice and summer corn and collecting cotton. They also need to level the land in preparation for sowing wheat.
During this season, people start to enjoy White Dew Tea, which has survived the hot summer and is now at the best stage of its growth. Different from tea collected at any other time of the year, White Dew Tea has a sweet refreshing taste and aroma. If you take a closer look at the tea leaves, you might see that they look like they've just been touched by the morning dew. Usually, by the end of summer, the stock of fresh spring tea is running out, so White Dew Tea comes just in time to hit the market.
In addition to tea, this solar term also offers White Dew Wine. People in the south prepare a homemade sweet wine from cereals like polished glutinous rice and sorghum during this season.
In planting areas for hickory in Lin'an, in the western part of East China's Zhejiang Province, Bailu marks the start of harvest season for hickory nuts. Before harvest, farmers will put fine nets under each hickory tree. On this day, before dawn, people with bamboo poles and bamboo baskets on their backs head up into the mountains and forests filled with morning mist. By sunset, these people return with heavy baskets containing hickory nuts. Starting from Bailu, the harvest for hickory nuts can take about half a month.
Since the Song Dynasty (960-1279), Chinese people have been enjoying crickets fighting as part of the autumn fun. The hobby got even more popular through the Ming and Qing dynasties. The fun could last until after the Chongyang Festival, or the ninth day of the ninth Chinese lunar month.
During the season of White Dew, Chinese have the folk custom of collecting clear dew. The dew collected in the morning during this season can be used to clean one's eyes and make tea and wine. Ancient Chinese believed that dew could be nourishing as it contained different characteristics from various plants. For instance, the dew from flowers could be good for skin care, dew from herbs could quench one's thirst and cypress leaf dew can brighten the eyes.
The 2024 Beijing Culture Forum will kick off in the Chinese capital from September 19 to 21, according to its organizers. With a permanent theme of "Inheritance, Creativity, Mutual Learning," the forum has "Enhance Cultural Exchanges for Common Progress" as its theme for this year.
Over 800 participants, including 240 foreign guests from more than 70 countries and regions will attend a main forum, six sub-forums, and 32 professional seminars and relevant cultural activities during the three-day event.
The participants will hold in-depth discussions on topics including mutual learning between civilizations and common progress, spiritual life and industrial development, cultural heritage protection and inheritance, new cultural business forms, and technological integration.
The main forum takes the application of Beijing's Central Axis as a UNESCO World Heritage site as one of its important contents, and releases a special report on Beijing's experience during the application and protection of Beijing's Central Axis as a UNESCO World Heritage site and the relevant situation of further strengthening the protection of historical and cultural cities.
Meanwhile, the Ten Major Events in the Construction of National Cultural Centers in 2023 will also be announced.
The 2024 Beijing Culture Forum is committed to creating a cultural festival, in which all people can participate through hosting a number of cultural events including book fairs, film screenings and theaters staging.
As the performance of Team China at the Paris 2024 Olympics continues to grab headlines on Chinese social media, a debate is brewing in the country about the evolution of fan culture in the sporting field.
On August 4, several of China's social media platforms, such as Sina Weibo and Douyin announced that they were cracking down on over 800 accounts that had been spreading negativity and fomenting conflict during the table tennis events at the Olympics, removing more than 50,000 inappropriate fan posts.
This action was taken after an event on August 3, when Chinese paddler Chen Meng defeated her teammate Sun Yingsha 4-2, to win the table tennis women's singles gold medal at the Paris 2024 Olympics, with numerous fans showing favoritism toward Sun while booing Chen.
During the match, the stands at the South Paris Arena were filled with cheers for Sun, and there were even jeers when Chen scored points. On the internet, the battle of insults started at the commencement of the match, when some fans posted inflammatory comments attacking the athletes and coaching staff.
This phenomenon has caused numerous Chinese people to worry about the visibly aggressive fan culture that threatens to erode the sporting world.
"Fan culture" is a subculture that originated in the entertainment industry and is based on idol artists and fan economics. With the vigorous development of the Chinese sports industry, sports stars are becoming more influential as role models. However, some fans are taking things too far by turning sporting events into battlegrounds. They attack athletes online, inciting public emotions to increase exposure and attention. The arbitrary and relentless hounding of athletes by some fans off the field also presents a series of problems for athletes' normal training and personal lives.
Where does this aggressive fan culture come from? What do these fans hope to achieve? Is this really representative of Chinese sports fans as a whole? These are questions that are being raised as the debate continues. Chaos abounds
"I wish Chen tests positive for a banned substance, then the gold medal can go to our Shasha (Sun's nickname)," one of Sun's extreme fans wrote online after the match. The inflammatory post soon caused widespread anger on both Chinese and international social media platforms, with many calling her "brainless."
"In that match, Sun was the biggest victim of her irrational fans," commented Zhang Fan, an associate professor at the School of Journalism and Communication, Shanghai University of Sport. She criticized the "fans" who kept cheering for Sun while booing her rival Chen, saying their impolite behaviors didn't do Sun any justice, but rather embarrassed and stressed her on the court.
In China, this voracious fan culture spread to the competitive sporting field during the Rio 2016 Olympics, according to Zhang. This unedifying "culture" quickly developed in the proceeding years and gave rise to many fan groups similar to those in the K-pop entertainment industry, Zhang explained.
China's Olympic table tennis champion Ding Ning will never forget August 20, 2016. On that day, the Chinese table tennis team returned home from the Rio 2016 Olympics with an impressive haul of four gold medals and two silver medals. As the team members arrived at the Beijing Capital International Airport, they were greeted by a throng of excited fans. "We were truly amazed by the outpouring of support from the fans at the airport. It was a sight we had never seen before," Ding told the Global Times in a previous exclusive interview.
The Global Times found that leading up to the Rio 2016 Olympics, it was rare to see more than a few dozen fans gathered at the airport to welcome national teams home. The majority of the crowd usually consisted of journalists, with only a handful of supporters present.
However, following the Rio 2016 Games, athletes from various sports, such as table tennis, women's volleyball, diving, and swimming, began to attract a larger following. Fans who previously had little interest in sports started to show their support. In particular, table tennis, which is considered the national sport of China, saw its fan base grow exponentially.
However, the chaotic growth trajectory within some Chinese sports fan communities from 2016 to 2024 reveals several key issues, particularly the extreme behaviors exhibited by fans.
Leading fans control comments and initiate scolding battles on social media, manipulating comment sections and attacking other athletes, referees, clubs, national teams, and governing bodies, which leads to fierce conflicts between different fan groups.
CP fans, who pair athletes or public figures as "couples" or "combinations," create specific fan organizations. They share related photos and videos on social media, flood comment sections with their views, and even write fan fiction, severely impacting the viewing experience of other fans and athletes, and causing undue stress to the athletes involved.
Additionally, the act of proxy photographing and privacy violations is prevalent, where individuals sell athletes' personal information and capture photos or videos of athletes at airports, hotels, training grounds, and competition venues, which are then sold publicly on social media. This seriously infringes on the athletes' privacy.
The sale of signed memorabilia is another issue, with fans haranguing athletes in public places to obtain signatures, later selling these signed items on second-hand trading platforms, with items for sale ranging from autographed photos to signed paddles.
Overzealous support also disrupts competitions, with fans causing disturbances through loud cheering and flash photography during matches, affecting athletes' performances.
These chaotic phenomena not only disrupt athletes' regular training and competitions but also damage the harmonious atmosphere among the athletes.
Fandom distortion
"In China, there used to be a perfect balance between athletes and sports fans where their distance and interaction was 'just right,'" 30-year-old table tennis enthusiast Wu Aichen told the Global Times.
Wu became a fan of Ding Ning after the London 2012 Olympics, and joined the fan group called "Ding Dang," which she believes was one of the earliest fan groups in the Chinese table tennis community.
"Back then, we mainly communicated and connected through QQ chat groups. Our group gradually released fan merchandise like calendars, mostly funded by the fan club leaders. They helped us secure complimentary tickets for the China Table Tennis Super League, and after the games, we could approach the athletes in the fan zone for autographs and photos in an orderly way," Wu recalled.
After the Rio 2016 Olympics, driven by her love for table tennis, Wu also joined other table tennis players' fan groups, where she noticed a change in the nature of these organizations.
"In the beginning, most table tennis fan groups were spontaneous, with no formal organization or decision-making process. But later, there were more leaders in the fan base, and the division of labor became more detailed. The leader became more aggressive in encouraging everyone to buy idol-related cultural products and would push fans to vote on various rankings to attract advertisers for their athletes," Wu observed.
Wu pointed out that most of the active fans of the Chinese table tennis team are young people, particularly teenagers. "This generation of fans sees their idols' growth as a form of self-realization. Idols represent the fans' own aspirations, fulfilling their self-image," she noted.
Zhu Wei, a vice director of the Communication Law Research Center at the China University of Political Science and Law, introduced that China's fan community has now experienced a phenomenon of "breaking the circle," meaning it is no longer confined to the cultural sphere but has extended to all areas.
"This is accompanied by a highly aggressive online environment. The fan community has also trended younger, with various chaotic phenomena emerging," Zhu told the Global Times.
These fans feel a sense of duty that "the idol needs me," constantly creating discussions, and investing to boost the market value of sports stars, hoping to elevate their favorite athletes to the top of the sports fan community, Wu said, also noting that they are not sporting event enthusiasts but just fans.
What are the differences between ordinary sporting event enthusiasts and irrational "fans?" Zhang explained that the unwelcome "fans" are those who unconditionally boast and defend their favorite players, making all sorts of excuses for their failures - even resorting to insulting other players.
"These behaviors have seriously contradicted the open and inclusive spirit of sports," Zhang noted.
Return to reason and faith
"During the current Olympics, the young athletes have actually set a good example for teenagers and young people. They inspired young viewers to put down their video games, develop a love for sports, and foster a sense of patriotism. This is a very positive development," Zhu said.
Facing the surging popularity of table tennis, Ding expressed that what athletes always care most about is their performance in competition. "We speak only with our event results, not exposure."
Conversely, this is a gratifying thing that China's youth are no longer satisfied with idolizing entertainment stars, but are pursuing higher, faster, and stronger quality idols, Wu said.
To some extent, the spread of fan culture in China's competitive sporting field does have a few benefits, such as boosting the promotion of some sports among the young generations, bringing them vitality and more attention, said Zhang.
"But the disadvantages of 'fan culture' far outweigh the benefits." Zhang stressed that the unhealthy "fan culture" harms the atmosphere of competitive sports.
In recent years, China has been trying to curb the spread and intensification of fan community culture.
In May, the General Administration of Sport of China stated that the national sports system will resolutely resist the erosion caused by abnormal fan culture in the sporting field throughout the whole process, stressing that sports should not become the "lead" and "hotbed" for abnormal fan culture to continue to proliferate.
In 2021, the Chinese Olympic Committee called on fans to respect athletes' rights and avoid improper behavior toward them, and resolutely oppose the use of fandom to engage in profiteering activities.
Fortunately, Wu noted that now, in the fan communities of various table tennis athletes, most people are looking at the controversy on the Olympic stage objectively and rationally.
"'Focus on the competition and have rational discussions' is the most frequently mentioned phrase in fan communities now. We can all agree that when athletes are showcasing the Olympic spirit and national honor at their peak. They should not be degraded through irrational fan behaviors," she said.
Wu believes that in the future, more fans will respect the sweat that each athlete puts in, willing to experience the pure charm that comes from sports and show the good qualities of Chinese audiences.
The 2024 China International Fair for Trade in Services (CIFTIS) has become a hub for Chinese and international visitors to exchange ideas on the latest innovations and technologies across industries. Many foreign attendees are impressed by China’s innovation and technology advancement, as many Chinese firms showcased their latest products.
Chinese urban air mobility technology platform company EHang Holdings displayed its EH216-S - a domestically developed passenger-carrying unmanned aerial vehicle at this year’s CIFTIS. The electric vertical takeoff and landing (eVTOL) aircraft received approval from Chinese civil aviation authority in April to commence production.
Freshly stepping out of the cockpit of the aircraft after being briefed, Manfred Janssen, chief of KolnBusiness Economic Development Agency, told the Global Times that the experience was "very impressive."
“I learned that it is going to fly and operate this year. Good luck to it and I am looking forward to that. It is quite impressive to see how China has become a motor of innovation globally, and suddenly many things are going to happen in the aviation sector. It could be a nice solution to the big cities of the world,” Janssen told reporters.
CIFTIS has become a platform for people from around the world to exchange ideas, share expertise, and collaborate in the fields of green and digital economies.
Janssen, whose delegation signed a memorandum of understanding with their counterpart in Beijing, said the goal is to exchange ideas and explore cooperation between Cologne, Germany and Beijing in the pursuit of green transformation in the economy and industry. The official noted that among the Cologne delegation is Deutz AG, the inventor of internal combustion engine.
During the first two days of the exhibition, several hundreds of foreign guests have visited the booths with a keen interest on China’s emerging low-attitude economy, a staff member of the EHang told the Global Times.
The 2024 CIFTIS is the first large-scale international, comprehensive exhibition held after the third plenary session of the 20th Central Committee of the Communist Party of China. It underscores China's commitment to further opening up to the world and its readiness to share the benefits of its economic opportunities.
A total of 85 countries and international organizations attended the 2024 CIFTIS, held under the theme "Global Services, Shared Prosperity."
From Thursday to Monday, the China National Convention Center and Shougang Park in Beijing, the venues of the CIFTIS, were crowded with exhibitors and visitors from around the world. Displays featured a wide range of cutting-edge technologies, including AI-powered surgical robots, hydrogen fuel motorbikes, cloud-based AI digital hosts for live-streaming e-commerce, and service robots designed to maintain and replace blades for tunnel boring machines. These exhibits showcased China’s latest advancements in green, digital, and smart technologies, highlighting the nation's tech-driven approach to modernization.
Chinese express delivery firm STO Express showcased its self-developed omnidirectional sorting robot, which can effectively improve efficiency of the sorting process during deliveries.
Mu Yu, a STO representative, told the Global Times that many foreign visitors have expressed interests in the company’s unmanned delivery systems, which include unmanned delivery vehicles and parcel-delivery drones. "They inquired about our overseas business, but for now, we are focusing on the domestic market," Mu said.
“We hope to get a better pulse of the latest technical applications within the domestic and international services industry by participating the CIFTIS, and to see how to best optimize our development path amid the atmosphere of communication and exchange,” said Mu. The emergence of cutting-edge technology has undoubtedly injected new vitality into services trade in China and around the world. These innovations not only enhance industry efficiency but also showcase China’s significant strengths in technological innovation, analysts said.
"These advanced technology displays at the 2024 CIFTIS are a concentrated expression of China's technological innovation strengths and are also strong proof that China provides innovative solutions to the world and expands opportunities for win-win cooperation," Wang Peng, an associate research fellow at the Beijing Academy of Social Sciences, told the Global Times on Sunday.
"These innovative achievements have not only promoted the rapid development of related industries, but also contributed Chinese wisdom and Chinese strength to the prosperity of global trade in services. It is expected that China will achieve breakthroughs in more fields in the future and contribute more 'Chinese solutions' to global scientific and technological development," Wang said.
The latest pet craze sweeping the younger generation in China is different from what people expected, as stones become the beloved companions of the Generation Z. The topic of “pet stones” has amassed up to 2.4 million online views across Chinese social media platforms.
Youngsters are not just adopting stones as pets, but are also dressing them up and applying cream to them, which also become a popular topic on China’s X-like platform Sina Weibo. Many netizens are showcasing their creativity by naming their pet stones, some even adorning them with eye stickers, outfits, and even glasses.
Some netizens commented that stones are low-maintenance companions that never cause trouble, require no care or feeding, and silently “listen” to all your secrets, making them a good choice for pets, though some of the young claim stones cannot provide emotional comfort.
In August, the sales of pet stones in China’s e-commerce platform Taobao.com increased by 246 percent compared with a month ago, according to media reports, with the target group mainly younger people. In addition to the pet stones, related clothing, containers and other peripheral commodities are also selling well on the market.
China welcomes the US department of defense delegation to attend the ongoing Beijing Xiangshan Forum, and it's significant for the two militaries to maintain communication in order to avoid misjudgments and to better manage differences and risks, Lieutenant General He Lei, former vice president of the Academy of Military Sciences of the People’s Liberation Army (PLA), told the Global Times on Thursday on the sidelines of the 11th Beijing Xiangshan Forum.
According to earlier foreign media reports, the US Pentagon was sending Michael Chase, the deputy assistant secretary of defense, to attend the Beijing Xiangshan Forum. Chase is more senior than the US representative who attended last year’s security sforum, according to the reports. When asked about the possible interactions with US military officers, He told reporters that China welcomes their visits and looks forward to conducting positive exchanges.
“The military-to-military relationship between China and the US is a stabilizer of bilateral relations,” said He. “And exchanges and cooperation between the two militaries are constructive for strengthening strategic communication, avoiding miscalculations, and managing divergences and risks.”
“Any communication is better than no communication,” He noted.
Ahead of the ongoing Beijing Xiangshan Forum, the theater commanders of the Chinese and US militaries on Tuesday had a video teleconference, marking the resumption of all military communication mechanisms agreed by the two heads of state at the San Francisco meeting in November 2023.
Earlier this year, high-level communication between the two militaries took place on May 31 when Chinese Defense Minister Dong Jun met with US Defense Secretary Lloyd Austin during the Shangri-La Dialogue in Singapore. The 17th China-US Defense Policy Coordination Talks convened in January in Washington, DC, and a China-US Military Maritime Consultative Agreement work group meeting took place in April in Hawaii.
“Currently, the relationship between Chinese and US militaries is developing in a positive way,” He said, “To some extent, it is the stabilizer and the ballast stone of bilateral ties.”
According to He, a meeting between the Pentagon delegation and the Chinese military at an equivalent level is likely to occur. “During the possible talks, Chinese side may further clarify its firm position and principles on China’s core interests.”
However, the lieutenant general also noted that with repetitive hyping of the “China threat” rhetoric, the US still holds misconceptions about China's development.
To properly handle the relationship between the two militaries, we must solve the issue of strategic perception, just like the first button of a shirt that must be put right, said He.
“Do the Chinese and American militaries perceive each other as friends, partners, or rivals? Is cooperation or competition the mainstream? A clear understanding of these issues is the most fundamental prerequisite for the correct handling of military-to-military relations,” said He.
In addition, the two sides should implement the consensus reached by the two heads of state. “We should do what we say and do without empty promises. We should never say one thing and do another,” He said, alluding to America's record of not keeping its promises.
China follows a path of peaceful development, and upholds the principle that all countries, big or small, strong or weak, rich or poor, should be treated equally. “China respects the international order based on the UN Charter, while the US thinks Washington dominates the world, and it wants to keep its hegemony forever,” He said.
“In fact, with its rapid development, China is by no means to become the hegemon of the world. The purpose of China's development is ensure a happier and better life for the Chinese people,” He stated. We will not engage in the so-called competition with any other country.”
China's development represents a force for world peace, and the strength of China's military is the growth of the force for resolutely defending national interests and safeguarding world peace, the lieutenant general said, adding that the Beijing Xiangshan Forum has highlighted peace or security for four consecutive sessions in its theme.
We hope that the US delegation can enjoy themselves during the forum and make a contribution to the development of friendly relations between the two militaries, He said.
As the 2024 China International Fair for Trade in Services (CIFTIS) is set to commence on Thursday, attending companies and exhibitors expressed optimism about leveraging China's rapidly growing services sector and benefiting from the country's innovation-driven growth.
On Wednesday, the China National Convention Center was decorated for China's upcoming international services trade fair, featuring exhibits ranging from artificial intelligence (AI)-powered surgical robots to hydrogen fuel motorbikes, giving the event a tech-driven, futuristic feel, the Global Times observed.
"For the 2024 CIFTIS, we have high-tech products on display, including AI, modern logistics, state-of-the-art equipment, and digital culture and sports. These reflect the integration of technology and industry, showcasing the latest achievements in new-quality productive forces," Wang Yudong, a staff member in charge of arranging part of the exhibits, told the Global Times on Wednesday. "All high-tech products are organically integrated with the concept of services trade serving the world."
A total of 85 countries and international organizations have confirmed that their attendance at the 2024 CIFTIS, which will showcase key trends in the world's second-largest economy, focusing on the development of new-quality productive forces, as well as tech and innovation-driven growth.
At the UAE booth, a representative told the Global Times, "On the occasion of the 40th anniversary of diplomatic ties between our two countries, we want to showcase that the oil industry is not the only highlight of our diversified economy. We also excel in tourism, finance, and aviation."
A number of Global 500 firms, including Siemens and Amazon, will attend the event which runs from September 12 to 16 in Beijing.
French industrial giant Schneider Electric will set up a booth at the CIFTIS and showcase itself in the national pavilion of France, the Guest of Honor at the 2024 CIFTIS.
China is the second largest market for the company, the company said, noting that it will continue increasing innovation and development in China.
At the 2024 CIFTIS, the Schneider Electric will formally establish a service business China hub. The hub will support Chinese users by focusing on talent, research and development, supply chain, and ecosystem pillars, aiming to further boost China's industrial transformation and enterprise development, according to the company.
The services industry in China has enjoyed a greater level of openness, setting a new record for services trade volume, Jack Chan, EY China chairman, told the Global Times on Wednesday. Chan predicted that China's services sector and services trade are expected to maintain upward momentum across the second half of the year.
China's services trade saw rapid growth in the first half of 2024, with total trade in services reached 3.59 trillion yuan ($501 billion), up by 14 percent year-on-year, data from China's Ministry of Commerce showed in August.
The CIFTIS is an international, comprehensive large-scale exhibition and trading platform for services trade. It underlines China's commitment to opening up its services sector and sharing vast market potential with the world, analysts said.
Chinese Premier Li Qiang is scheduled to travel to Saudi Arabia to chair the Fourth Meeting of the High-Level Chinese-Saudi Joint Committee and visit Saudi Arabia and the UAE from Tuesday to Friday. Analysts anticipate the trip will further promote cooperation between China and the two countries, particularly in the fields of energy, finance and high-tech, and provide positive impetus for regional development.
The China-Saudi Arabia High-Level Joint Committee was established in 2016. The third meeting was held in February 2019, co-chaired by then Chinese Vice Premier Han Zheng and Saudi Arabia's crown prince Mohammed bin Salman Al Saud, according to the Xinhua News Agency.
The China-Saudi Arabia High-Level Joint Committee and Premier Li's visits to Saudi Arabia and the UAE are expected to further promote pragmatic cooperation in energy, which is the main field of bilateral cooperation, seek deeper collaboration on high-tech exchanges, enhance financial cooperation to drive economic stability, and expand infrastructure projects, Sun Degang, director of the Center for Middle Eastern Studies at Fudan University, told the Global Times on Tuesday.
The expert noted that China and Saudi Arabia may also achieve some breakthroughs in cross-border crude oil transaction settlements.
According to a report from the South China Morning Post, Bandar Al-khorayef, Saudi minister of industry and mineral resources, said that Saudi Arabia is "open to new ideas," including use of the yuan for crude settlements.
In recent years, China has become the primary trading partner for many Arab states and as many countries increasingly seek to reduce reliance on the US dollar, diversifying the payment system is a natural progression. This shift is not intended to undermine the dollar but reflects evolving trade dynamics and practical cooperation needs between China and Arab nations. Such diversification also aligns with the interests of both sides and broader global economic trends, Sun noted.
While China and Arab countries staying committed to building of a community with a shared future, this endeavor demands ongoing innovation and expansion in both the scope and level of their cooperation. Saudi Arabia and the UAE, as China's two most important trading partners in the Middle East and key hubs for innovation, will play a pivotal role in China-Arab cooperation, analysts said.
China's focus on resolving disputes through economic cooperation and mutual benefit not only helps ease tensions in the Middle East, but also paves the way for long-term stability and prosperity in the region, Sun added.
Chinese President Xi Jinping and his wife, Peng Liyuan, hosted a banquet at the Great Hall of the People in Beijing on Wednesday evening, welcoming African and international guests attending the 2024 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), and posted for a group photo with the guests. In his toast at the welcoming banquet, President Xi frequently mentioned the China-Africa community with a shared future, emphasizing that it is built on a strong foundation, has been blessed with a good start, and enjoys broad prospects. He noted that it sets a stellar example for building a community with a shared future for mankind. There is no doubt that this summit will be another historic event witnessing and developing the China-Africa community with a shared future in the new era.
Over the past few days, heads of state, government leaders and representatives from over 50 FOCAC members, along with the chairperson of the African Union Commission, the secretary-general of the UN and several heads of international organizations, have gathered in Beijing. This has not only set a new record for the scale of diplomatic events that China has hosted in recent years and the number of attending leaders, but it has also become a significant milestone in the history of China-Africa relations and interactions among "Global South" countries. Meanwhile, enthusiasm for the 2024 Beijing Summit of FOCAC continues to rise on multiple levels. According to statistics, the summit has attracted over 3,000 registered journalists from China and abroad, setting a new record for FOCAC. An important supporting event, the Eighth Conference of Chinese and African Entrepreneurs, is also expected to reach a scale of 1,000 participants this year. Enthusiastic registration far exceeded expectations, with 408 representatives from 48 African countries signing up to participate.
Matching the rising momentum, the content of China-Africa cooperation is also continuously being updated and elevated. This summit is expected to achieve three "new" outcomes: embarking on a new journey toward building a high-level China-Africa community with a shared future, gathering new momentum for deepening cooperation across various sectors between China and Africa, and writing a new chapter in the friendship between the people of China and Africa. China-Africa cooperation, while is being strengthened in traditional industries such as agriculture, infrastructure, and manufacturing, is also expanding to include more emerging sectors and new elements like green development, healthcare, finance, and digital innovation.
For example, at the Conference of Chinese and African Entrepreneurs, corporate representatives will mainly discuss about and share experiences on the two topics of "promoting the integration of industrial and supply chains" and "driving the development of emerging industries." Cooperation in the field of new energy vehicles has also become a highlight of the summit. The strong complementarity between China and Africa, along with China's massive production capacity and Africa's high expectations for cooperation with China, provides powerful support for the joint pursuit of modernization between China and Africa.
The deepening of China-Africa cooperation and the enduring spirit of China-Africa friendship are rooted in the shared destiny that has been evident at every stage of the development of China-Africa relations. Following the establishment of the People's Republic of China, China's first-generation leaders, together with the older generation of African politicians, pioneered a new era of China-Africa relations. Since the 21st century, especially in the new era, China and Africa have continuously strengthened their comprehensive, multi-dimensional cooperation across various fields, including trade, agriculture, education, science and technology, and healthcare, yielding fruitful results. In 2023, China-Africa trade reached $282.1 billion, with China maintaining its position as Africa's largest trading partner for 15 consecutive years.
"We have been fighting shoulder to shoulder imperialism, colonialism, and hegemonism, and advancing hand in hand along the path of development, revitalization, and modernization." This is the most direct, accurate and vivid summary of China-Africa relations.
In recent years, driven by the Belt and Road Initiative (BRI) cooperation, Africa's industrialization and various infrastructure capabilities have seen significant improvements. The previous sessions of the FOCAC have consistently emphasized "industrial integration" and "industrialization" in their action plans. To date, 52 African countries and the African Union Commission have signed BRI Cooperation Documents with China. China will also sign new cooperation plans with some African countries to promote the continued deepening of the China-Africa cooperation in building the "Belt and Road." In recent years, China and Africa have collaborated to build and upgrade nearly 100,000 kilometers of roads, over 10,000 kilometers of railways, nearly a thousand bridges, and close to a hundred ports. This has greatly improved Africa's transportation network, significantly enhancing logistics efficiency and market access, and playing a significant role in promoting the economic development of African countries.
In the coverage of the FOCAC Beijing Summit, Western media outlets that were critical of China and China-Africa cooperation have changed their tone. Aside from the usual repetition of clichés like "debt traps," which have been repeatedly debunked by facts, some outlets have shifted to explore why China has such strong appeal in Africa and has gained support from African countries. Some media outlets that have long bad-mouthed China-Africa cooperation have to admit that African countries have benefited greatly from their engagement with China. In fact, at a time when economic globalization is facing a severe "trust crisis," the collaboration between China and Africa to expand the economic development "cake" provides insights and direction for global economic development. China and Africa have also been actively practicing their commitment to the pursuit of universally beneficial and inclusive economic globalization through concrete actions.
There is a proverb in Africa: "You can never tie a knot with one hand." Similarly, there is a Chinese proverb: "A single strand does not make a thread. nor can one hand clap." In the journey of development and revitalization, China and Africa have achieved fruitful results through mutually beneficial cooperation and exchanges. In the future, the 2.8 billion people of China and Africa will strengthen their unity and cooperation, which will surely inject new momentum into cooperation among the "Global South" and open up new horizons for building a community with a shared future for mankind.