China once again dominated the Asian Games by bagging 201 gold, 111 silver and 71 bronze medals in Hangzhou, surpassing its record of 199 gold medals in 2010. But the harvest in Hangzhou goes beyond winning medals.

The national swimming team is the biggest contributor to the medal tally, as they took home 28 gold, 21 silver and nine bronze medals in 41 disciplines. 

The leading athletes, male breaststroke world champion Qin Haiyang, who won five gold and one silver medals, and female butterfly star Zhang Yufei, who collected six gold medals, were named the MVP of the Games. 

But the touching moment culminating the swimming competition came when Zhang and her arch-rival but friend Rikako Ikee, who won the previous Asian Games MVP in 2018, shared a tearful embrace following the 50-meter butterfly podium.

Ikee, who won six gold and two silver medals at the Jakarta Games, was the bronze medalist in the 50 butterfly, her first international podium finish since being diagnosed with leukemia in February 2019. 

Zhang said it is Ikee's story of fighting back from the disease that inspired her to continue to race after coming down sick when the competition was in full swing. 

"I wasn't feeling well during the Games and would have wavered in my goal," Zhang told reporters. "But when I saw that Ikee was still competing, I felt that I mustn't give in as she is there [after overcoming the disease]."

Nineteen-year-old swimmer Pan Zhanle also made history in men's 100 meters with a sensational 46.97-second finish, becoming the first Asian athlete to clock under 47 seconds in the discipline. His result, only 0.11 seconds behind the world record, is the fifth fastest in all-time history. 

Athletic breakthroughs

In athletics, veteran Chinese sprinter Xie Zhenye, who leveled his personal best in the 100-meter dash at 9.97 seconds to win the gold medal, is also among the Chinese quartet who claimed the men's 4x100 meters relay final. 

Xie, now 30, who was in the squad that won a silver medal at the 2015 world athletics championships, paid tribute to his younger teammates Chen Guanfeng, Yan Hai­bin and Chen Jiapeng, who are all under the age of 23, for the achievement made in Hangzhou.

"In the past two years, the relay team has experienced the pain of a transition between the old and the new," Xie told reporters. 

"The win is undoubtedly a shot in the arm for us, giving us more confidence in our younger generation to compete in the future."

Xie also received a reallocated Tokyo Olympics bronze medal in Hangzhou with his elder sprinting quartet led by star Su Bingtian, who was sidelined in 2023 due to injury. Female veteran racewalker Qieyang Shijie was reallocated a 2012 London Olympics gold medal, making her the first ethnic Tibetan Olympic gold medalist from China. 

Male tennis player Zhang Zhizhen, who is having a breakthrough season, also helped China to reclaim the gold medal in tennis men's singles since Pan Bing did so in 1994. 

The win earned him a berth at the Paris Olympics, when he will play on clay court again at Roland Garros where he made history by becoming the first Chinese tennis player to make it into the last 32 at the 2023 French Open.

Warning signs

China's sports authorities have vowed to revitalize the three "major balls" - soccer, basketball and volleyball in 2023. But the result for these high-profile sports remains an ongoing project after falling short at the Asian Games.

Among the highlights, the Chinese women's basketball and volleyball teams have successfully defended their titles, the men's volleyball team made it to the finals again after 17 years and the men's soccer team also made it into the last eight again since 2006. 

Zhou Jinqiang, deputy chef de mission of the Chinese delegation at the Asian Games, said on October 8 that though there are bright spots in the three major ball games, generally the performances of a number of teams were unsatisfactory. 

"The men's basketball team lost the semifinals to the Philippines, whose squad is not their first team, and the women's soccer team lost the semifinals to the second-tier Japan team, there is still a gap between the overall performance of the 'three major balls' and the people's expectations," Zhou said. 

He further underlined the underachievement of the men's basketball team, who suffered a defeat to the Philippines in the semifinals in which the Filipinos only led 24 seconds in the 40-minute game. The men's basketball team have already missed the Paris Olympics after a disappointing run at the FIBA World Cup in 2023.

"The men's basketball team did not withstand the pressure in the key games and key moments, and was reversed in the case of a big lead, once again exposing the problems in the management of the national team," Zhou said. 

Emerging hopes

Flashback to China's very first gold medal at the Asian Games. It comes in rowing when Chinese pair Zou Jiaqi and Qiu Xiuping won the women's light-weight double sculls.

Rowing remains a new sport for the Chinese public as traditionally it is the names of shooting, weightlifting or wushu - Chinese martial arts - where the Chinese delegation have claimed gold medals at past Asian Games. 

The rise of Chinese rowing could indicate that Chinese athletes are able to compete internationally in some more sports and disciplines, rather than relying only on the traditional sports where China excels, said Cao Yaqi, deputy editor-in-chief of Titan Sports newspaper. 

"The Paris Olympics are less than a year away. Winning medals could make those Chinese athletes who have qualified for the Olympics prepare and compete with confidence, just like what they did in Hangzhou," Cao told the Global Times. 

"Chinese athletes are starting to develop confidence when competing, which will accelerate the transition of China from a medal powerhouse to an overall sports powerhouse."

Zhu Qinan, a former Olympic champion in shooting and now a spokesperson for the Hangzhou Asian Games Sports Operations Center, believed the Hangzhou Asian Games is an opportunity to demonstrate national spirit.

"The power of sports and the Asian Games has united the spirit of our countrymen and the nation, and cultural self-confidence has been further manifested," he said, before noting his career spanned the development of sports in China. 

"We have made new breakthroughs in various international competitions in competitive sports, while the grassroots sports and the sports industry in these years have also continued to grow. I believe things will get even better."

With the rise of social media networks and involvement of capital, fandom culture as a niche subculture has attracted more and more attention from the mainstream. 

From an external perspective, the rapid advancement of technology and social media platforms have served as prerequisites, while investment from the capital market has fueled its development. As to the internal factors, the formation of fan communities meets people's psychological needs. For one thing, in today's fast-paced modern society, some young people have made online platforms their first choice to ease loneliness and express their feelings, while fan clubs allow people to show off their personality, achieve self-satisfaction and gain a sense of community and belonging. 

Debate about fandom culture tends to focus on its potential dangers. 

To begin with, the distortion of values caused by group polarization, especially for younger generations, leads to shocking incidents like pouring out drink bottles just to obtain a QR code inside the bottle cap to support an idol. Besides wasting resources and over-consumption, craze-driven irrational behavior such as stalking, doxing, fighting, and invading people's privacy have endangered public safety. 

More seriously, the uneven occupation of online resources by celebrity topics or entertainment events triggered by a large amount of fan participation and capital manipulation takes atte  ntion away from significant issues that involve public life. Under such circumstances, our culture, sports, education, and businesses would likely be reduced to entertainment accessories, and the final result might lead to actually "amusing" ourselves to death. 

However, as some observers fret about these dystopian scenarios, others focus on the potential rewards.

First, personalized consumption in fandom culture boosts the economy. In August, a popular Chinese idol group fueled a ticket-buying binge in which the first batch of over 33,000 tickets were snapped up in a few seconds. Revenue on ticket and live-streaming platforms reached more than 100 million yuan ($13.6 million) and drove local tourism revenue up to 416 million yuan. With social media, forces converge quickly, and fans can do great things for their idols. Their desire for expression, interactivity, and participation leads to a long tail effect in the vast fan market, which contains enormous consumption potential and benefits upstream and downstream industry development. 

Secondly, fandom culture alleviates the crisis of contemporary social identity and soothes our souls. As a social subculture system, fandom culture is based on seeking social interaction and identity recognition. Fans build emotional trust, form a community with common ideals, and find a new identity and a sense of belonging through communication and interaction with group members in an increasingly atomized society. For fans who have gone through their youth accompanied by some idols, nostalgia reveals their inner desire for a familiar, safe, and stable environment that serves as a spiritual sanctuary and utopia for rosy memories, helping them confront the fragmentation of the modern world and the discomfort of the rapid changes under globalization.

Fandom culture also empowers society. An idol who constantly contributes positive energy is an essential source of cohesion in society. Fans' heartfelt wishes to become better people alongside their idols have led them to ask idols to behave with higher standards and set good examples. 

For instance, some celebrities encourage fans to develop good reading habits, promote Chinese traditional culture, which is increasingly favored by young people, and participate in activities such as environmental protection and poverty alleviation. Several public benefit activities have benefited from the tremendous force and passion of fan communities, which are mainly composed of the Post-1990 and Post-2000 generations, who possess a higher level of education and more self-discipline. 

A fan may be a company staff, a professional photographer, or an illustrator and designer. They all have proficiency in a particular line. Thus, their efforts not only bring more energy and sunshine to society but also enrich the cultural ecology.  

So, fan culture is a double-edged sword. On the one hand, based on similar interests or shared memory, it allows fans to build social networks to find a new identity, accumulate real or virtual resources both online and offline, and form informal organizations. On the other hand, it also causes the group to get stuck in information cocoons and possibly tend to behave irrationally due to the existence of the "echo chamber effect." Fans are easily reduced to digital laborers and "one-dimensional people." 

Fan culture, driven by technology and capital, alters what we think and how we behave without us realizing it, making a difference in the overall cyberculture and even society as a whole. Whether it is a bane or boon depends on how we lead and guide. 

Accordingly, we should, above all, realize the pros and cons brought about by the development of fan culture and strengthen top-level design to shape a comprehensive paradigm featuring multi-party collaboration, namely government, platform, and fan groups, which will promote economic development, generate positive energy and minimize adverse effects. 

In celebration of its 90th anniversary, the Nanjing Museum in East China's Jiangsu Province has opened a jade-themed exhibition with more than 600 exhibits exploring the country's 10,000 years of jade culture.

Held by the Nanjing Museum and drawing on collections from 40 archaeological and cultural institutions across China, the exhibition showcases a diverse array of jade artifacts, spanning a period of nearly 10,000 years. 

"Among the more than 600 exhibits, at least one-third are national-level cultural relics, and more than half are treasured pieces at various museums," said Gao Bo, a staff member of the museum.

The exhibition is divided into three sections, each exploring a different facet of the relationship between jade and Chinese civilization. The first section mainly revolves around the cultural landscape of prehistoric jade, telling how jade artifacts helped integrate and promote China's prehistoric civilization.

Among the highlights of the first section is a jade ring unearthed from the Xiaonanshan Ruins in Raohe county, Northeast China's Heilongjiang Province. Dating back around 9,000 years, this ancient piece of jade is believed to be one of the earliest known examples of the usage of jade in China.

The second section of the exhibition centers on the participation of jade rituals in the formation of the state, the establishment of community spirit, and the development of jade as a metaphor for virtue, highlighting the significance of jade in the state system and individual spirituality.

One remarkable artifact on display in this section is a C-shaped jade dragon, unearthed from a Hongshan Neolithic culture site dating back 5,000 years, the dragon has a long cylindrical bent into a C-shaped rainbow curve. 

According to Zuo Jun, a staff member of the museum, it was a ritual jade and is considered to be the original model for the dragon totem in China. It is one of the earliest jade dragons found in China and also the largest C-shaped jade dragon ever found.

This section also showcases a range of jade artifacts from the 5,000-year-old Liangzhu culture, including representations of deities and symbols of authority, such as scepters. These objects offer insight into the social status, political organization, and religious beliefs of ancient Chinese communities.

"During the Liangzhu period, jade was transformed from an object of beauty to being a socialized, ritualized and religious product," Zuo said.

The third section examines the development of jade from the Three Kingdoms period (220-280) to the Ming (1368-1644) and Qing (1644-1911) dynasties, presenting the peak of the development of Chinese jade civilization in terms of materials, craftsmanship, cultural meaning and other aspects.

An exquisite jadeite carving of a bunch of grape displayed in the third section shows the delicate and fine jade grinding skills of the Qing Dynasty. The curator introduced that in the Qing Dynasty, jade carving reached its peak, thereby occupying a pivotal position in the history of ancient Chinese jade.

Jade culture is a witness to the continuity, innovation, unity, inclusiveness and gentleness of Chinese civilization, showing the internal drive and profound meaning of today's Chinese path to modernization, Gao said.

With the name Temple of Heaven, an artwork jointly created by Chinese contemporary artist Zou Cao and “isolated elders,” or elderly people who have no family, has recently been finished and revealed to the public. 

The art piece took Zou and his partners two months to create. There are 10 different versions of the art prints. The main subject of the prints is the Temple of Heaven, which was built in Beijing in the Ming Dynasty (1368-1644). 

Taking a close look at the art, one can see the architecture has been depicted with thousands of overlapping fingerprints. Compared to figurative paintings, the architecture looks slightly surreal, yet the artwork’s purpose is to be close to reality as Zou wanted to reconnect the marginalized “isolated elders” group with mainstream society. 

“These elderly people are not just a community that needs to be helped. The idea of ‘everyone joins in the public welfare project’ can be achieved when the elderly participate in the whole art-making process,” Zou told the Global Times. 

The art practice was originated as a charity program that was launched by the Tencent Foundation. The program is called “grandparent companionship project.” It offers support including food and companionship for 10,000 elderly people across the country.

The idea for the artwork came from the fingerprints some elderly people left on their letters sent to the program’s volunteers. 

“I’ve been thinking about what I can do for the old people,” the artist told the Global Times and he added that the gap between fine art and society can be closed. 

The art piece of Temple of Heaven reflects a trending artistic topic that is called “socially engaged art,” art critic and museum expert Li Liyang told the Global Times. 

“This art form tries to make a response to what happens in society and everyday life. It is not just about changing the context but also reveals an artist’s longing and their focus on life practices,” Li told the Global Times. 

The prints will be auctioned and all the benefits will be donated to the elderly people. 

“I made the whole project into a ‘social sculpture,’ using artistic methods to change society based on what I, as an artist, can do,” Zou told the Global Times. 

A research forum that relates to this artistic practice has also been carried out. Veteran TV host Jing Yidan said that ageing is always a sore point of societies. The public should pay more attention not only to elderly people without families, but also other elderly groups such as people who have lost their children. 

Yu Yang, a famous art critic, said that Zou's fingerprint painting was different to his previous works. There is a genre transformation in turning the “prints” to “performance art,” Yu noted.

“Fingerprints are a symbol of contact in traditional Chinese culture. We can also interpret this as a commitment of the artist to his social responsibility,” Yu said.

The Indonesia-China Business Forum and Indonesia Night were successfully held in Beijing to promote Indonesian culture and seek economic cooperation between the two countries.

A total of 250 people from the Chinese business community and various business sectors in Indonesia attended the event. 

Indonesian Ambassador to China Djauhari Oratmangun presided over the forum and stated that on the occasion of the 10th anniversary of the establishment of a comprehensive strategic partnership between Indonesia and China this year, the business forum has built a platform for potential cooperation between the two countries.

During the event, China and Indonesia signed a memorandum of understanding on strengthening mutual cooperation.

In order to promote Indonesian culture and traditional textile fabrics (Batik), more than 200 entrepreneurs, scholars, and officials from China, Indonesia, and other countries, as well as media professionals, attended the banquet. 

In his speech, Oratmangun noted that, "this is the first Indonesian night to be held in China since the start of the epidemic. This Indonesian night will showcase Indonesia's rich and colorful culture, music, traditional dance, coffee, and traditional textile fabrics."

The governor of the Bank Indonesian also presented traditional Indonesian clothing to 16 individuals who have contributed to the promotion of relations between Indonesia and China, including the Indonesian Ambassador to China and his wife, as well as the Indonesian Consul General in Guangzhou.

Editor's Note:

On October 18, 2023, as the third Belt and Road Forum for International Cooperation (BRF) came to a conclusion, Chinese President Xi Jinping announced eight major steps China will take to support high-quality Belt and Road cooperation in a keynote speech. Benefiting over 150 countries, the Belt and Road Initiative (BRI) has become the most popular international public good and largest international cooperation platform in today's world.

The year 2023 marks the 10th anniversary of the BRI and 10th year since China first proposed building a closer China-ASEAN community of shared future. The ASEAN is the priority and key region for the implementation of the BRI, and is an active respondent and beneficiary of the framework. 

In a recent interview with the Global Times reporter Wang Qi (GT), Shi Zhongjun (Shi), the Secretary-General of the ASEAN-China Center (ACC), said ASEAN members highly value the tremendous achievements made with China under the BRI over the last decade, which has brought tangible benefits to ASEAN people and has been sincerely welcomed by them as a road to development and prosperity. He said ASEAN members generally look forward to the continued promotion of mutually beneficial cooperation, rather than becoming geopolitical pawns. All-round cooperation between China and ASEAN has also injected more positive energy into regional and global peace, stability, and prosperity amid global uncertainties and chaos.

GT: How do you interpret the outcome of the Third Belt and Road Forum for International Cooperation (BRF) and what is the response from ASEAN members? 

Shi: The third BRF has just been successfully concluded, with representatives from 151 countries and 41 international organizations participating, and more than 10,000 registered participants, which fully demonstrates that the BRI has taken root in people's hearts worldwide, and the global influence of the concept is increasing. 

President Xi Jinping met with heads of state, including leaders of ASEAN members, to reaffirm the broad consensus to continue to build a high-quality BRI. A total of 458 outcomes were delivered during the BRF and 369 practical collaboration projects have been inked, of which nearly 80, or more than one-fifth, are related to ASEAN members. These outcomes have drawn a new blueprint, opened a new phase, and injected new momentum into the BRI's future.

I've noticed that the leaders of the participating ASEAN members highly value the tremendous achievements made in the last 10 years of the joint construction of the BRI. They have expressed their willingness to continue to participate in the BRI, and hope that more pragmatic projects that are beneficial to the people will be implemented. They also welcome more Chinese investment to maintain the positive momentum of high-quality and inclusive development.

GT: What can we expect from future cooperation between China and the ASEAN, and what roles can the ACC play in this regard?

Shi: China and ASEAN members will work together to implement the important outcomes of the BRF. 

First, we will further promote the BRI to dovetail with the Master Plan on ASEAN Connectivity 2025, and the development strategies of each ASEAN member. Second, we will continue to strengthen infrastructure development in railways, highways, ports, airports, electricity, and communications to build a three-dimensional network of connectivity. Third, we will further enhance economic and trade exchanges, stabilize and smooth the supply chain and industrial chain, and cultivate new growth points for cooperation in emerging areas such as the digital economy, green transformation, and scientific and technological innovation. 

Regarding promoting policy communication, the ACC will continue to maintain close communication with government departments and embassies of China and ASEAN members, and promote exchanges and docking of policies through co-organizing briefings and other activities.

In terms of promoting trade, the ACC will continue to build platforms, actively matchmaking enterprises and products from both sides to enter each other's markets, inviting ASEAN business to participate in economic and trade activities in China, and organizing face-to-face exchanges between governments, businessmen, and enterprises from the two sides, so as to facilitate the landing of more projects.

When it comes to promoting people-to-people exchanges, the ACC will continue to actively carry out exchange projects in the fields of education, culture, youth, tourism, and media between China and the ASEAN, to promote tourism recovery, and cultivate a positive atmosphere of public opinion for the China-ASEAN relationship.

GT: How do you view the cooperation between China and the ASEAN under the BRI in the last decade? What does it mean for the development of ASEAN members?

Shi: China and most ASEAN members are developing countries, which makes development a common goal for both sides. Over the last decade, China and ASEAN members have continuously strengthened their strategic synergizing, and have achieved fruitful results and joined hands to build a high-quality BRI model.

China and all 10 ASEAN members have signed bilateral cooperation documents on the joint construction of the BRI. The two sides have been each other's largest trading partner for three consecutive years and are accelerating version 3.0 of the China-ASEAN free trade agreement.

Facts have proven that the joint construction of the BRI has brought ASEAN members greater opportunities for cooperation and development dividends, as well as a greater sense of gain and happiness to the people on both sides.

For instance, the China-Laos Railway. It has been hailed by the Lao people as a "landmark project" that has transformed Laos from a "land-locked country" to a "land-linked country." 

The railway has been in stable operation for 22 months, carrying more than 20 million passengers and 26.8 million tons of goods. Through the railway, fresh fruits from Southeast Asia can be delivered to Chinese consumers in a shorter period of time and at a lower cost. The project has provided more than 110,000 jobs for the Lao people and trained local technical and managerial staff, leading to the economic and social development of Laos.

GT: Since you became the Secretary-General of the ACC in September 2022, you have visited a number of ASEAN members. What are the attitudes and feelings of ASEAN members toward China and the BRI? What has impressed you the most after one year in office?

Shi: This year, I have visited six ASEAN members, including Singapore, Indonesia, Malaysia, the Philippines, Cambodia, and Myanmar, and met with high-level officials from the foreign affairs, economic and trade, investment, education, culture, and tourism departments of the host countries, as well as exchanging views with people from all walks of life, such as local chambers of commerce, universities, think tanks, and the media. 

I feel that all sectors of ASEAN members welcome the BRI and highly appreciate the results achieved. ASEAN members generally believe that jointly building the BRI can improve the infrastructure of ASEAN members, narrow the development gap between regions, promote the region's post-COVID recovery, and effectively benefit the local people.

I have a deep impression that locals often talk about two BRI projects. The first is the Jakarta-Bandung High-Speed Railway, which has just come into operation. 

When I was in Jakarta, many local people said to me, "In the 1990s, it took a whole day to go to Bandung, but now it only takes 40 minutes through the high-speed railway, which is incredible!" 

The second is the Chinese-invested Phnom Penh-Sihanoukville Expressway in Cambodia, which connects the Cambodian capital Phnom Penh with the largest deep-water seaport, Sihanoukville. Locals in Phnom Penh say that it takes more than 5 hours to drive between the two places, but now it takes less than 2 hours, which brings great convenience to people.

At the same time, some media sources and think tanks in ASEAN members have told me that some ordinary people still do not have a comprehensive understanding of the BRI. In the future, the two sides should carry out more economic and livelihood projects, especially small but practical projects, so that more people in the ASEAN can share the dividends of the BRI.

GT: Under the US "Indo-Pacific Strategy," more external factors are intervening in the Asia-Pacific region. What is the importance of practical cooperation between China and the ASEAN under the BRI to maintain the peace, stability, and prosperity of the region?

Shi: China-ASEAN cooperation under the BRI has brought tangible benefits to ASEAN people and has been sincerely welcomed by them as a way to development and prosperity. ASEAN members generally look forward to continuing to promote mutually beneficial cooperation, rather than becoming geopolitical pawns. Regional countries are well aware of the motives and intentions of the interfering external forces.

At present, the recovery of the global economy from the pandemic is still generally weak, while the geopolitical situation is still strained and chaotic, with the issues of inflation, environment, food, and energy security still complex and grim. This poses a number of challenges to regional peace and stability.

The jointly construction of BRI has allowed for a large number of infrastructure projects to take root in the ASEAN, which not only improves local production and the living environment, but also effectively reduces the cost of participation in international trade for ASEAN members, strengthens their ability to integrate into the world economy, and stimulates the region's potential for greater development.

In addition, China and the ASEAN have been cooperating on trade facilitation, accelerating the process of regional economic integration, promoting the stability and smooth flow of the regional and global industrial chain supply chain, and injecting strong impetus into a steady recovery after the global pandemic.

In general, the all-round cooperation between China and the ASEAN under the BRI has injected more positive energy into regional and global peace, stability, and prosperity, and has become the greatest certainty amid current global uncertainties.

GT: What are the lessons that partners can learn from the successful China-ASEAN cooperation under the BRI?

Shi: China and ASEAN members are natural fellow travelers in the construction of the BRI, and have been working hand in hand for 10 years, achieving fruitful results along the way and bringing great benefits to the people of both sides. I believe that there are at least three aspects of experience that are worth learning from:

First, focusing on strategic synergizes. Over the last decade, the BRI has not only been designed to dovetail with the Master Plan on ASEAN Connectivity 2025, but also has been customized to dovetail with the development strategies of each ASEAN member. 

Second, we insist on mutual benefit and win-win cooperation. China and ASEAN members have been practicing the principle of joint construction and sharing and have deepened cooperation in these fields with complementary advantages.  

Third, it's always keeping pace with the times. Both sides attach importance to "hard connectivity" in infrastructure, "soft connectivity" in education, culture, and tourism, and now, the "new connectivity" in green, digital, and artificial intelligence. 

The core idea is to ensure that cooperation remains at the forefront of innovation, leading the trend, and truly benefiting the region.

Italian Ambassador to China Massimo Ambrosetti recently visited South China's Guangdong Province and met with Chen Jianwen, a member of the Standing Committee of the Communist Party of China (CPC) Guangdong Provincial Committee and director of the Publicity Department of the Guangdong Provincial Committee.

Ambassador Ambrosetti recalled Italy's long history of cooperative relations with Guangdong. This relationship is rooted in history and has matured over the centuries through the efforts of important historical figures such as Matteo Ricci, he said. 

During the meeting, Ambrosetti and Chen discussed deepening trade and cultural exchanges, and strengthening of people-to-people contacts between the two countries. Meanwhile, Ambassador Ambrosetti also met with Sun zhiyang, acting mayor of the Guangzhou, capital city of Guangdong . The ambassador recalled the excellent cooperation that has always existed between Italy and Guangzhou, which builds on the friendship that the capital of Guangdong Province has with the Italian cities of Bari, Genoa, Milan, Padua, and Turin.

The ambassador also visited Shenzhen and experienced the rapid development of the city compared to his first visit in 1992. Shenzhen Vice Mayor Wang Shourui introduced its economic and social development situation to the ambassador, while Ambrosetti pointed out that Italy has unrivaled advantages in the fields of industry and fashion, and that there is huge cooperation between Italy and Shenzhen in these fields. 

"Italy is the world's fashion capital and has had a positive impact on the design sector in Shenzhen, where the creativity of Italian designers is particularly appreciated. This year, the relation links between Shenzhen and Italy have also been gradually strengthened due to increased direct flights," he alleged. 

The ambassador also awarded the Knight of the Order of the Star of Italy to Sun Qijie, who is responsible for the Sea World Culture and Arts Center. This is a great honor in Italy, and was awarded to Sun to recognize his contribution to the dissemination of Italian culture in South China.

The Central Conservatory of Music held a China-Argentina Friendship Exchange Concert  with the support of the Embassy of Argentina in China and the National University of the Arts in Argentina.

The finale of the concert, "Jasmine Tango," was performed by the Central Conservatory of Music Chinese Chamber Orchestra. This piece was composed for the Tango Art Research and Practice Center project by the Central Conservatory of Music, using the familiar Chinese folk song Jasmine Flower and the well-known Argentine tango Por una Cabeza as the music material. It highlights the diversity of Chinese music, inclusiveness of Chinese culture, and expresses best wishes for the long-lasting friendship between China and Argentina.

Editor's Note:

Since 2012, China has witnessed an extraordinary economic transition, with historic achievements in all aspects of the economy from its size to quality. Such an unparalleled feat does not just happen, especially during a tumultuous period in the global geo-economic landscape and a tough phase in China's economic transformation and upgrading process. It was Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era that guided the country in overcoming various risks and challenges, and in keeping the China economic miracle alive.

As China embarked on the quest to become a great modern socialist country amid global changes unseen in a century, Xi's economic thought has been and will continue to be the guiding principle for development in China for years to come, and have great significance for the world. What is Xi's economic thought? What does it mean for China and the world? To answer these questions, the Global Times has launched this special coverage on Xi's major economic speeches and policies, and how they are put into practice to boost development in China and around the world.

In China's economic policymaking, policymakers and economists often use a rather apt term to describe the integral role the private sector plays in the country's social and economic development: "56789." This refers to private firms' contribution of more than 50 percent to national tax revenue, more than 60 percent to the national GDP, more than 70 percent to technological innovation achievements, more than 80 percent to urban employment, and 90 percent to the total number of enterprises in China.

More than describing private firms' enormous contributions to China's overall development, the phrase also lays bare the weight of the private firms in China's economic policymaking. And yet, whenever private firms, or the Chinese economy, encounter challenges, some at home and abroad levy obsolete claims against China's policy for the private sector. Some foreign media sources describe normal industrial regulation as "crackdowns," while others seek to paint a dire outlook for Chinese private firms. 

Evidently, this has, to some extent, led to negative sentiment among some private firms, as private fixed-asset investment shrank by 0.2 percent year-on-year in the first half of 2023, with a 0.6-percent contraction in June alone, according to official data. 

This further fueled pessimism toward Chinese private firms and even the Chinese economy as a whole. The IMF said last month that China's economy was slowing due to weaker private investment. 

Are Chinese policymakers paying less attention to private firms, or engaging in "arbitrary crackdowns?" Are private firms facing an increasingly grim outlook in China?

After conducting interviews with more than a dozen Chinese private firms, entrepreneurs, and experts, the Global Times found that, while challenges remain, the private sector remains overwhelmingly confident in operation and future growth, pointing to increasing support from policymakers and China's overall economic prospects. Personal care and support for the private sector from President Xi Jinping have become a source of confidence for the country's vast private sector. 

Support from top leader

Xi, also general secretary of the Communist Party of China (CPC) Central Committee, has, at important meetings and inspection tours around the country, commended the crucial contributions of the private sector to China's social and economic development and voiced unwavering support for the high-quality development of private firms.

"The CPC Central Committee has always considered private enterprises and private entrepreneurs as being in our ranks," Xi said in March, while visiting national political advisors from the China National Democratic Construction Association and the All-China Federation of Industry and Commerce, who were in attendance at the first session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC).

Wang Yu, a member of the National Committee of the CPPCC and chairman of Spring Airlines, was among the national political advisors who were in attendance when Xi visited. "I am very touched!" Wang said at the time, noting that Xi's remarks helped "eliminate any worry among the vast number of private entrepreneurs and set our minds at ease, and greatly boosted our confidence in continuing to overcome difficulties."

In a recent interview, Wang said that a slew of recent policy measures for private firms further demonstrated Xi and the CPC Central Committee's unwavering support for the private sector. "Although China's economy is stabilizing and improving, the external situation is complicated and severe, and it still faces the huge test of 'triple pressures.' Private enterprises, especially small and medium-sized ones, have been more affected and impacted. At such a time of difficulty and confusion, the Party and the government have provided firm support and clear guidance," Wang told the Global Times. 

On July 19, the CPC Central Committee and the State Council released a guideline on boosting the growth of the private economy, vowing to improve the business environment, enhance policy support, and strengthen the legal guarantee for the development of the private economy. Containing 31 measures, the guideline addressed major challenges faced by the private sector. 

On July 24, Xi presided over a meeting of the Political Bureau of the CPC Central Committee to analyze economic situation and make arrangements for work in the second half of the year. The meeting called for policies and measures to promote private investment and provide private enterprises with an enabling environment. It also stressed upholding the principle of unswerving consolidation and development of the public sector and unswerving encouragement, support, and guidance of the development of the private sector, or "the two unwaverings," which is also a key aspect of Xi's economic thought. 

"A series of recent weighty documents will not only strengthen the importance attached to and support for the private economy, but will also provide a stronger policy guarantee for the development of the private economy in the new era through a series of new measures that are normalized and based on the rule of law, and will further stabilize expectations and boost confidence," Li Jin, chief researcher at the China Enterprise Research Institute in Beijing, told the Global Times. 

Efforts to tackle challenges

Highlighting the ultra-efficiency of policymaking and execution unique to China's system, and following the remarks and policy guidelines from the top leadership, various ministries have, in recent days, issued a slew of measures to help private firms tackle major challenges and ensure steady, sound development of the private economy. 

Last week, eight Chinese ministries issued 28 measures to support the private sector, vowing to provide fair access for private firms to participate in major national projects and technological undertakings, increasing financial and land support, and strengthening the legal protection of the private firms. 

On Sunday, the State Taxation Administration announced 28 measures to facilitate tax payments and promote the development of the private sector. 

The measures have been well received by private entrepreneurs around the country, who described them as "timely rain" that will help them address major challenges they are facing in a targeted manner. 

Chen Xu, chairman of the SENKEN Group, a police appliances manufacturing company in Wenzhou, East China's Zhejiang Province, said that the company faces relatively big burdens in areas such as tax, research and development (R&D) investment, and rising labor costs, and recently implemented measures address such challenges. 

"In particular, measures aimed at providing fair market access for private firms is very helpful for us," Chen told the Global Times, adding that other measures to help protect intellectual property are also very important to the firm, as it spends more than 30 million yuan on R&D each year. 

Wang Shaoshao, founder of Ouhua, a small business in Zhejiang that focuses on flowers and related cultural products, said that recent policy measures supporting the land use of private firms greatly help the company, as it seeks to rent land for business activities.

Cai Qinliang, head of a company specializing in Christmas decorations manufacture in Yiwu, Zhejiang, said that exports orders are gradually returning to pre-pandemic levels and other challenges such as surging shipping costs are easing thanks to increased policy support. 

"From production to shipment and customs, the policies issued by the government are very conducive to the development of the enterprise, which can ensure that we can clear customs and ship out goods as soon as possible," Cai told the Global Times, noting that recent measures aimed at cutting processing time for tax rebates to less than six working days and extending loans for small businesses, in particular, will help ease firms' financial burdens.

Zhejiang is one of the largest private business hubs in China, with the private sector enterprises accounting for over 70 percent of its economic activity. Zhejiang plays a crucial role in leading national efforts to boost the confidence of private firms, analysts said.

Upbeat on future prospect

Contrary to the rather dark picture painted by certain foreign media outlets, private entrepreneurs expressed confidence in their future outlook, thanks to firm support from the top leadership and concrete measures that help address challenges they face. Moreover, there are emerging signs that point to the resilience of the private sector in face of challenges. 

In the first seven months of 2023, exports and imports by the private companies totaled 12.46 trillion yuan, up 6.7 percent year-on-year, becoming a bright spot in China's overall trade in the face of downward pressure, official data showed on Tuesday. This growth rate is significantly higher than the 0.4 percent year-on-year growth rate in China's foreign trade registered for the same period in 2022. Notably, the share of private firms' exports and imports in the country's total foreign trade rose to 52.9 percent.

"In fact, the production and order situation of our company in 2022 has recovered to about 90 percent of the pre-pandemic level, and it is still gradually improving this year and expected to basically return to the pre-pandemic level," Cai with the Christmas decorations manufacturing firm said, also adding, "with strong policy support, we are quite confident in the future."

Chen, chairman of SENKEN, said that despite challenges, the company is moving along steadily with its five-year plan for a listing on the stock market by 2024. It is also actively expanding its overseas market, even after having exported products to more than 60 countries and regions. "The hope is that our brand can be competitive and influential overseas," he said.

And for the private sector, the country's firm support is for long term, rather than a short-term boost measure. "The '56789' feature of the private economy has not changed, and private firms are inseparable from the Chinese economy," Li said, adding that the private sector plays an increasingly crucial role in the country's pursuit of high-quality development and ultimate Chinese modernization. 

More forms of long-term policy support are expected for private firms, as Xi put it in March, to boost their confidence and unburden them of their worries, so that they can ambitiously pursue development.

Editor's Note:

Relations between China and the ASEAN have continued to improve since the establishment of ASEAN-China Dialogue Relations in 1991. Over the last 30 years, the China-ASEAN relationship has achieved remarkable development and brought about tangible benefits for more than 2 billion people in 11 countries. China and the ASEAN have pursued the right path of long-standing good-neighborliness and friendship, and common development and prosperity. Recently, Global Times reporters Hu Yuwei, Zhao Juecheng, and Li Xuanmin (GT) interviewed Chinese Ambassador to the ASEAN, Hou Yanqi (Hou), in Indonesia, to get more insights from her on the future pathway of China-ASEAN political and economic relations. 

GT: China has signed bilateral cooperation agreements on jointly building the Belt and Road Initiative (BRI) with all 10 ASEAN member states. Over the last 10 years, the ASEAN has been a priority direction and important partner in promoting the BRI. What do you think are the important reasons for the ASEAN's significant achievements in the BRI? 

Hou: The ASEAN, as the priority direction and important partner in the co-construction of the BRI, has achieved fruitful cooperation results in the last 10 years. I believe there are several important reasons for this. 

First, China and the ASEAN are connected by mountains and rivers, and have a close relationship. They are also comprehensive strategic partners, with solid political and public support for cooperation in various fields. 

Second, we have been adhered to the principles of "consultation, co-construction, and sharing," and have promoted development through openness and achieved win-win outcomes. We have achieved complementary advantages in the high-quality construction of the BRI. 

Third, we are both determined actors with visions. We prioritize commitments and implementation, ensuring that the achievements of the BRI are tangible and substantial.

The ASEAN has a superior geographical location and plays an important role in regional economic cooperation. But it also faces development bottlenecks such as insufficient infrastructure investment and relatively lagging regional connectivity. The implementation of the BRI has played an important role in breaking these bottlenecks and fully unleashing the development potential of the ASEAN. 

China and the ASEAN have signed cooperation documents on aligning the BRI with the Master Plan on ASEAN Connectivity 2025, thus achieving full consensus on regional connectivity in top-level design. Moreover, BRI effectively fills the funding gap in ASEAN countries' infrastructure construction in areas such as rail, roads, bridges, and ports.

GT: Looking back at the 30-year development of China-ASEAN relations, each time a regional or global crisis occurs, the momentum of cooperation between the two sides becomes stronger and political mutual trust steadily increases. How do you think this enhanced political mutual trust can further strengthen ties? What new positive perspectives can the China-ASEAN cooperation bring to global peace, security, and development? 

Hou: Over the last 30 years, China and the ASEAN have established a dialogue relationship that has withstood multiple tests. Political mutual trust between the two sides has continued to increase. 

We are pleased to see that the positioning of the bilateral relationship has evolved from a partnership of good neighborliness and mutual trust to a strategic partnership, and finally to a comprehensive strategic partnership established in 2021, achieving leapfrog development.

China and ASEAN countries are actively implementing the consensus reached by their leaders, moving forward along the path of good neighborliness, friendship, and common development, bringing tangible benefits to more than 2 billion people in 11 countries.

Currently, amid an increasingly unstable international and regional situation, China and the ASEAN, as emerging economies, share many common interests in global peace and development.

Both sides advocate for dialogue to manage differences and conflicts, uphold true multilateralism and open regionalism and work together to address regional and global challenges. Both sides also promote regional economic integration to facilitate common development and maintain stable supply chains. 

In conclusion, China and the ASEAN are contributors to regional and global peace and security, as well as promoters of development and prosperity.

GT: At the beginning of this year, consultations for the Version 3.0 China-ASEAN Free Trade Area (FTA) officially started, and three rounds of negotiations have been held so far. In what aspects will this version further enhance the level of trade facilitation? What forms of new progress and changes has the China-ASEAN economic and trade cooperation experienced?

Hou: The China-ASEAN FTA was launched in 2002, making it China's first free trade area negotiated with a foreign country and ASEAN's first free trade area negotiated as a whole. Over the last 20 years, the China-ASEAN FTA has effectively promoted the rapid growth of trade and investment between China and the ASEAN, and the socio-economic development of both sides.

As of 2022, China became the ASEAN's largest trading partner for 14 consecutive years, and the ASEAN has been China's largest trading partner for three consecutive years. 

Compared with versions 1.0 and 2.0, version 3.0 will further reduce tariff and non-tariff barriers, promote freer and more convenient trade and investment, and explore strengthened cooperation in new areas such as the digital economy, the green economy, and supply chain interconnectivity, further promoting regional economic integration.

In recent years, as both China and the ASEAN have undergone upgrading in their economies, new trends are emerged. For example, cooperation in the digital economy and green economy is flourishing, becoming important engines driving regional economic growth. China has advantages in digital economy platform construction, as well as in capital, and technology, seeing an unlimited potential for cooperation in digital transformation.

The same is true for cooperation in the green economy. I am pleased to see more Chinese new energy companies investing in Southeast Asia, which will create new momentum for the upgrading of China-ASEAN economic and trade cooperation.

GT: Currently, the Regional Comprehensive Economic Partnership (RCEP) is in effect in all 15 signatory countries, marking a new phase of comprehensive implementation for the world's largest free trade area. With the full implementation of this agreement, how will it promote trade between China and the ASEAN region?

Hou: The RCEP is a global free trade area with a total population of nearly 2.3 billion, a GDP of $26 trillion, and a trade volume exceeding $10 trillion. It is a significant achievement in the construction of Asia-Pacific regional economic integration and a vivid example of regional countries sharing development opportunities. 

The commitments to open markets for goods, services, and investment by the 15 parties, combined with high-level rules in various fields, will greatly promote the free flow of production factors such as raw materials, products, technology, talent, capital, information, and data within the region, and gradually create a more prosperous integrated regional market.

It can be said that the comprehensive implementation of the RCEP not only creates more favorable conditions for China and the ASEAN to expand trade in goods, but also drives corresponding trade in services, promoting trade facilitation, and improving the business environment. 

China will work together with the ASEAN and other RCEP members to continuously promote the high-quality implementation of the RCEP and make greater contributions to regional and global economic recovery.

GT: What significant outcomes do you think were achieved at the China-ASEAN Foreign Ministers' Meeting held in Indonesia in July? Wang Yi, director of the Office of the Foreign Affairs Commission of the Communist Party of China Central Committee, also Minister of Foreign Affairs, emphasized at the meeting that regional countries must guard against three negative trends concerning peace and security in the region. How do you think efforts should be made to suppress these negative trends?

Hou: The ministers' meeting in Indonesia achieved significant positive outcomes. 

First, the joint statement commemorating the 20th anniversary of China's accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) was adopted, reaffirming the principles of independence, sovereignty, equality, non-interference, and the peaceful settlement of disputes. 

Second, the second reading of the Code of Conduct in the South China Sea (COC) text was successfully completed, and the guidelines for expediting the conclusion of the COC were adopted, creating conditions for the prompt initiation of the third reading and taking an important step toward its finalization. 

In recent years, amidst the impact of the global pandemic and interference from external forces, these achievements have been hard-won. It sends a clear signal to the outside world that China and ASEAN countries have the ability and wisdom to handle the South China Sea issue through joint efforts, making it a sea of peace, friendship, and cooperation.

Third, comprehensive and pragmatic cooperation has continued to advance, including the promotion of negotiations on upgrading the China-ASEAN FTA.

Regarding the second question, I believe the three proposals put forward by Wang Yi at the ministers' meeting are the answer to restraining these three negative trends. 

First, it is to effectively support the central role of the ASEAN and consolidate the foundation of peace. We should resolutely oppose the acts of certain countries forming cliques, creating new blocs, and pushing for NATO's involvement in East Asia, and truly uphold the maximum common denominator of the ASEAN centrality position. 

Second, it is to work together to build a center of regional growth, continuously advance the construction of the Asia-Pacific FTA, and oppose protectionism, decoupling and disengagement.

Third, it is to adhere to true multilateralism. We should uphold the purposes and principles of the TAC, adhere to the "ASEAN principles" of mutual respect, non-interference in internal affairs, and the proper handling of differences through dialogue and consultation, practice open regionalism and genuine multilateralism, abandon the mentality of binary confrontation, and replace conflict with dialogue and cooperation.