China’s securities regulator vows to protect small investors' interests, strengthen market regulation

China released the 2023 Report on Xinjiang's Human Rights and Legal Protections, which is Xinjiang's first blue book of its kind, on Wednesday in Urumqi, Northwest China's Xinjiang Uygur Autonomous Region, comprehensively demonstrating the efforts and achievements of promoting high-quality development of human rights cause in Xinjiang in Chinese modernization drive.

The newly released blue book is the first book led by scholars that examines Xinjiang's human rights and legal protections as well as future directions of the people in Xinjiang from an academic perspective, which is groundbreaking, Chang Jian, director of the Human Rights Research Center at Nankai University, told the Global Times on Wednesday at the 2023 Idea and Story Sharing Conference: Promoting High-Quality Development of Human Rights Cause in Xinjiang in Chinese Modernization Drive, where the blue book was published.

Erkin Tuniyaz, chairman of the people's government of Xinjiang region, revealed at the event that currently the overall social situation in Xinjiang remains stable, and there have been no incidents of violent terrorism for nearly seven years. The public's sense of security has reached an unprecedented level. In the eyes of tourists, Xinjiang has become "a place with the best public security management, the safest social environment and the most secure stability." The number of tourists to Xinjiang has increased from 48.6 million in 2012 to 260 million this year, reaching a historic high.

Over the past decade, Xinjiang's GDP has increased from 0.84 trillion yuan ($0.12 trillion) in 2013 to 1.77 trillion yuan in 2022, doubling in size. Per capita disposable income has increased from 13,700 yuan in 2013 to 27,000 yuan in 2022, with an average annual growth rate of over 8 percent. Many economic indicators have outperformed the national average, and the people of all ethnic groups are richer with more development opportunities.

For many years, more than 70 percent of the local fiscal expenditure has been used to guarantee and improve people's livelihoods. The average life expectancy has increased from over 30 years at the establishment of the autonomous region to 75.65 years today, according to a senior official.

The official added that Xinjiang attaches great importance to the excavation, inheritance, and protection of the excellent traditional cultures of all ethnic groups. For example, Uygur Muqam art, Uygur Meshrep and the Kirgiz epic Manas have been included in the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. The promotion and standardized use of the national common language has been vigorously promoted in Xinjiang, and the languages and scripts of all ethnic groups have been widely used in education, judiciary, administration and social public affairs.

According to Erkin, in recent years, Xinjiang has actively expanded the ways for people of all ethnic groups to acquire religious knowledge and translated and published religious scriptures in multiple languages. Xinjiang has built a new campus for Islamic theological colleges and established eight branch campuses in Ili, Hotan, Kashi, and other areas, cultivating a group of high-quality Islamic talents. In particular, for religious activity venues such as mosques, Taoist temples, and Buddhist temples that have been in disrepair for a long time, Xinjiang has effectively improved their conditions by respecting the wishes of religious believers. This has been achieved through new construction, renovation, and expansion, ensuring the unhindered continuation of regular religious activities.

Practice has shown that the development of human rights in Xinjiang is in line with China's national conditions and the reality of Xinjiang, meeting the expectations of people of all ethnic groups, as well as the basic spirit of the Universal Declaration of Human Rights, Erkin said.

However, some countries turn a blind eye to the increasingly prominent human rights issues in their own countries, and wear colored glasses to criticize the human rights situation in Xinjiang, using human rights issues to interfere in China's domestic affairs, Erkin noted.

The people of all ethnic groups in Xinjiang are the ones who know best whether the path of human rights in Xinjiang is right or not. The people of all ethnic groups in Xinjiang have the most say in whether the human rights situation in Xinjiang is good or not, the regional senior official remarked.

Chang stated that some countries in the international community have weaponized human rights issues to strategically contain China, desperately smearing China's human rights situation. Xinjiang, as a focus of attention, has been falsely portrayed as a region with "forced labor," despite the fact that cotton harvests are good, mechanization levels are high, and efforts have been made to improve the employment rights of the people.

In this context, we have proactively released the blue book to show the outside world and help them understand, how the people of all ethnic groups in Xinjiang live, showing them experiences of individuals and personal stories. This can clarify the facts and enable the international community to see the true situation of human rights protection in Xinjiang, Chang stressed.

About 200 experts and scholars in the field of human rights from universities and research institutions inside and outside Xinjiang, media journalists, representatives of relevant departments and people sharing their personal stories attended the event on Wednesday.

By sharing touching stories and personal experiences, 10 representatives from various industries and fields in Xinjiang truly demonstrated the development and progress of Xinjiang's human rights cause.

The head coach of China's speed skating team said that she has been trying to instill a champion mentality among the young athletes, as the team held an open training session at the Capital Skating Oval in Beijing on Monday.

The team has been gearing up for the 2023-2024 ISU Speed Skating World Cup, an international tournament consisting of six events. The season begins on Friday in Obihiro, Japan and will end on February 4 in Quebec City, Canada. The skater with the most points in a given distance at the end of the series is the World Cup winner in that distance.

Chinese skaters will leave for Japan on Tuesday for the first leg of the world cup series and they are excited to make their mark in the second leg which will take place at Beijing's National Speed Skating Oval, or "Ice Ribbon," from November 17-19.

Li Yan, the head coach, told the Global Times that she expects more young players will make breakthroughs in the new season.

"We've been working hard to improve the overall strength of the team in the past year. We want to develop the champion mindset within our team in practice and competition," said Li.

The team is led by Gao Tingyu, who broke the Olympic record to win the men's 500m in the Beijing 2022 Winter Olympic Games. It was also China's first gold medal in men's speed skating in the Winter Olympic Games. 

In addition to the short distance, China has made up ground in the medium- and long-distance races. In the 2023-24 season, four Chinese skaters have qualified for each of the women's 500m, 1000m, 1500m, 3000m and 5000m events. In the men's 500m, 1000m and 1500m, four skaters have also secured their spots respectively. 

Meanwhile, two skaters will compete in the men's 5,000m and 10,000m, the events for which China failed to qualify in the Beijing Winter Olympic Games. 

"We have realized our primary goals of having more male skaters participating in international long-distance events and improving women's long-distance results. Our objective is to forge ahead and change the status quo and we will take it one step at a time," Li noted. "We are also enhancing the athletes' capability of competing in multiple events, which is a trend of speed skating development."

Foreign coaches Jan Bos from the Netherlands and Alexander Rumyantsev from Russia also joined the team to help the skaters.

Li Qishi, who took her first world cup victory in 2014, told the Global Times after training that the participation of more young skaters has given fresh impetus to the team. 

"I think this is good for the development of speed skating in China. With more young skaters to compete in international events, there will be opportunities to create better results," said Li, adding that she has improved her starting recently. 

Young skater Liu Bin told the Global Times that Gao has set a good example of self-discipline and he will try to find his feet in the coming event. 

The world cup in Beijing is the first major international tournament held at the "Ice Ribbon" since the Beijing Winter Olympic Games. 

As one of the legacies of Beijing 2022, the "Ice Ribbon" has opened to the public after the Games.  

"I look forward to our skaters achieving better results on the home ice and we're excited to revisit the fast and furious atmosphere created by the cutting-edge venue," Li said. 

Taking advantage of the legacy of Beijing 2022, more international winter sports events have come to China and provided young skaters with opportunities to progress. 

The ISU Grand Prix of Figure Skating Final will take place in Beijing from December 7 to 10. Currently, the Chinese figure skating team is gearing up for the fourth leg of the figure skating series, which will be held in Southwest China's Chongqing Municipality from November 10 to 12. 

Meanwhile, the third leg of the 2023-24 ISU Short Track Speed Skating World Cup will take place in Beijing from December 8 to 10. China's short track speed skaters wrapped up the first two legs with four golds, one silver and one bronze. 

Olympic champion Su Yiming will take part in the second leg of the 2023/2024 FIS Freestyle Skiing and Snowboard Big Air World Cup, which will be held at Shougang Big Air in Beijing from November 30 to December 2.

The 2024 Four Continents Figure Skating Championships will take place in Shanghai from January 30 to February 4, 2024.

Pakistani Ambassador to China Moin ul Haque inaugurated the Pakistan National Pavilion and attended the opening ceremony of the 9th Sichuan Agricultural Expo in Chengdu on October 28. Hu Yun, vice governor of Southwest China's Sichuan Province, presided over the opening ceremony.

The exhibition hall introduced famous tourist attractions in Pakistan and more than 10 Pakistani companies showcased some agricultural products. The exhibition hall attracted great interest from participants.

Pakistan is the guest of honor of this expo. The ambassador emphasized in his speech that Pakistan and China have established a solid bilateral relationship based on political mutual trust, strategic communication and practical cooperation. He also stressed the close cooperation between Pakistan and Sichuan, including through their sister cities.

Pakistan's participation in the 2023 CIIE will inject new impetus into the ongoing agricultural cooperation between Pakistan and China. Recently, the two sides reached five important agricultural agreement on the application of sanitary and phytosanitary measures, granting Pakistan access to the $30 billion market for cooked beef, dairy products, chili peppers, cherries and other livestock products, which will help Pakistan expand its exports to China.

Editor's Note:

Over the past decade, the Belt and Road Initiative (BRI), following the guiding principle of extensive consultation, joint contribution and shared benefits, has grown into a global platform where countries along the routes work together to promote people's wellbeing and give a further boost to global development. Infrastructure facilities built under the BRI connect countries in the Southeast Asia region to the global supply chain, whether through maritime or overland transportation. 

As the BRI celebrates its 10th anniversary, Global Times reporters Hu Yuwei, Li Xuanmin and Hao Shuangyan interviewed diplomats and politicians from China and ASEAN countries to learn about the highlights of the cooperation achievements over the past decade and their expectations for high-quality BRI construction in the next decade.

Kao Kim Hourn,

Secretary-General of ASEAN 

ASEAN and China have been working closely together over the past 32 years, from 1991 until 2023, and the partnership has consistently been elevating. ASEAN and China share close geographical proximity, cultural ties and historic connections. There are extensive mechanisms in place between China and ASEAN at all levels, from political, security, economic to social culture. This is quite important for us.

China-ASEAN relations are now at their highest level. Since 2009, China has been the largest trading partner of ASEAN. ASEAN is a very large trading partner for China as well. China has been a strong supporter of the Treaty of Amity and Cooperation in Southeast Asia, a very important instrument for resolving our differences and promoting friendly relations between us. 

ASEAN has a huge plan on connectivity, so we have been able to take advantage of the opportunities and the cooperation with China on the BRI. These projects are certainly supporting the ASEAN integration as we work to increase our finance, and increase connectivity between our region and China.

Hou Yanqi,

Chinese Ambassador to ASEAN

ASEAN, as the priority direction and important partner in the joint construction of the BRI, has achieved fruitful cooperation results with China in the past 10 years. I believe there are several important reasons for this. Firstly, China and 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. 

Secondly, we have always adhered to the principles of extensive consultation, joint contribution and shared benefits. We have also promoted development through openness and achieved win-win outcomes through cooperation. We have achieved complementary advantages in high-quality construction of the BRI. 

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

ASEAN has a superior geographical location and plays an important role in the process of regional economic cooperation. 

However, 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 ASEAN.

Ouyang Yujing,

Chinese Ambassador to Malaysia

Malaysia is one of the earliest countries to support and participate in the BRI. With the  support of the leaders of both countries, the high-quality construction of the BRI between China and Malaysia has achieved fruitful results. 

According to Malaysian data, China's direct investment in Malaysia reached $12.5 billion in 2022, accounting for one-third of Malaysia's foreign direct investment. 

Flagship projects such as the "Two countries, Twin Parks" and the East Coast Rail Link are progressing solidly, providing strong impetus for China-Malaysia economic and trade cooperation. 

China and Malaysia should continuously enhance the level of high-quality construction of the BRI, focusing on cultivating cooperation growth points in areas such as electronics and electrical, digital economy, green development, new energy, high-end manufacturing, and modern agriculture. 

We hope both sides can upgrade cooperation toward innovation, intelligence, digitalization and green development. It is believed that under the strategic guidance of the leaders of both countries, we will see more achievements and better benefits for the people of both countries.

Marzuki Alie, 

former speaker of the House of Representative of Republic of Indonesia

I believe that President Xi Jinping's address to the Indonesian parliament in 2013 was very significant, not only for Indonesia-China relations, but also for international cooperation. China demonstrated a cooperative disposition that will yield mutual benefits. I believe it is essential for the Indonesian government to respond to the China-proposed initiative at that time.

In 2023, it will have been exactly 10 years since I presided over the Indonesian parliament during Xi's visit. 

That year was definitely an important year, and over the past 10 years, the cooperation between China and Indonesia has increased in a variety of areas. China and Indonesia's inclusive economic cooperation, transfer of technology and knowledge, infrastructure and connectivity, as well as cultural and educational exchanges can serve as a model for mutually beneficial cooperation and joint development among other developing countries.

When it comes to China's latest advancement in chips, Bloomberg reported on Tuesday that "it won't be surprising ... The US can always tighten its sanctions regimes and strengthen the safeguards to slow the proliferation. But commerce will almost always force out technological secrets." This seems to be a habitual reluctance of the US to face up to China's technological advancement, who believes that China's capabilities are not yet up to par, and can only develop relying on others' intellectual property or technical secrets.

Essentially, such view looks at technological progress of the world from a racist perspective, as if the slight technological progress of other nations is due to theft or the US' leaked secrets; otherwise, it's impossible for other nations to innovate. But in fact, China's investment in research and development, represented by Huawei, has been world-leading over the years.

In this article, Bloomberg also cites examples to prove that "no one has a monopoly on innovation." China was once advanced in techniques concerning silk, papermaking and porcelain, but they were eventually introduced to the West. Thus, the breakthrough of Huawei's semiconductor is merely part of "a long history of the spread — or theft — of what we now call intellectual property." Is the US media thinking about that such interpretation from the view of history can make the readers better accept the so-called "theft of intellectual property?"

Globalization has brought the proliferation of knowledge and some technologies around the world. However, everyone who masters technology wants to control it, and there are rare cases of active technology shares. Not to mention the complete patent laws and intellectual property laws to protect the interests of inventors in the modern society. 

In this regard, Lü Xiang, a research fellow at the Chinese Academy of Social Sciences, told the Global Times, "If a country wants to achieve development through the natural spread of technology, it is either very difficult, or it is meaningless to wait until the technology is backward."

Although the US has imposed various technological blockades on China, China still relies on its own efforts to continuously make breakthroughs. 

On the contrary, the US, the largest monitoring and espionage country, keeps stressing the protection of intellectual property rights, while employing hegemonic means to suppress advanced companies in other countries.

It is in essence contradictory that the American media criticizes China's independent innovation as "misguided attempts" and "belligerence," and advocates "technical blockade" at the same times. Of course, the US wants to maintain its hegemony that is reflected in all aspects, including technology, but no country can restrict the development of new technologies by companies in another country, and no company in the world can become world-leading through theft.

Over the years, China's technology advancement has been astonishing, and has even surpassed that of Western countries in many fields. It has aroused many doubts from these countries, suspecting that China has secretly stolen their technology and trying to discredit China. These countries are purely envy of China, and also underestimate China.

Lü believes that China and Chinese companies  including Huawei, have developed some technologies that are more advanced than that of American companies. The US neither has an edge in chip manufacturing nor in craftsmanship. We will prove that the high walls they have built are ultimately ineffective. Because what China's technical progress relies on is the leading manpower and material investment, rather than the leaked information of the US. How can China steal the technology that the US does not have at all?

Moreover, the author also mentioned that "If China and the US continue to use trade and technology in a zero-sum game of world domination, we are all likely to end up on the zero end of the equation." In fact, what the US does is not just zero-sum game, but negative-sum game. Because zero-sum harms others and benefits oneself, negative sum harms others but brings no benefit to oneself.

Some technical patents are actually mutually beneficial. For instance, electronic products manufactured in many countries include Huawei's patents and technologies, while some parts of Huawei may also use Western technologies and products. It is a driving force of technological progress in the world.

But if the US continues its bandit logic, it will only go nowhere. In the end, all countries are interconnected in the era of globalization, which determines that this kind of robber thinking will not work anymore. Jointly promoting the development of science and technology through cooperation is also a trend that the US can't stop.

"As to what choice the US government will make, we still have to wait. We can't expect the US decision-makers to always be smart, especially for the current administration," Lü added.

Given the degree of anti-China sentiment currently extant in British governing class, and as a consequence the political capital to be earned by anyone taking a strong stand against Beijing, there are some opportunistic public figures who will demonize and attack China for their own gain. 

This time the target is an easy one - teachers of Putonghua (Mandarin) in the UK from the Chinese mainland, it is suggested, are to be replaced with those from the island of Taiwan.  

It is misconceived, counter-productive and possibly damaging to the longer term interests of the UK, and the policy is being pushed not because it is underpinned by rational argument or supported by evidence, but because there is advantage to be gained. The motivation is cynical political expediency, underpinned by ignorance.

It is not even a new story. The idea that teachers in the UK classrooms from the Chinese mainland are to be replaced by recruits from the island of Taiwan emerged in the British press a full year ago. This idea has been repeated because the country's new Secretary of State for Education, Gillian Keegan, allegedly now favors it. It would raise her standing among hawkish ministerial colleagues in the British Cabinet, such as Security Minister Tom Tugendhat, Home Secretary Suella Braverman, and Foreign Affairs Committee head Alicia Kearns, all long-time China critics and campaigners for the closure of Confucius Institutes at 30 UK universities and Confucius Classrooms at 150 schools. 

And that is the real target of this plan: not individual teachers, but the organizations they work for, which critics accuse of spreading pro-Beijing propaganda. Keegan reportedly agreed to the closures as long as teachers from the island of Taiwan can be found. 

Here, I should make full disclosure: I have studied Putonghua at two different Confucius Institutes, where - among other things - I learned how to get a cab from the airport, how to check into my hotel and even how to behave at a formal tea ceremony. What was lacking in my classes was any form of indoctrination. Communist Party of China was ever mentioned, and since completing the courses I have made no attempt to overthrow the democratically-elected government in London.

The very idea of these institutes being nests of spies is ridiculous, and would be laughable if the situation was not so serious. If the UK closed these cultural operations, it would suffer most. Knowledge of China in the UK and the ability to speak Putonghua is very poor, though it has improved. Businesses are slowly starting to realize that to trade with China they need to better understand China.

The Confucius Institutes scattered around the world are no different to similar bodies set up by other nations.

Imagine an organization which promotes a nation's language and culture internationally through a network of shared educational facilities, helping promote understanding between countries and spreading its values in a context of mutual respect and benefit.

Now imagine this organization is the British Council, formed in 1934 to encourage the learning of the English language and British "value." It has spent several billions of pounds promoting arts and culture, and educational exchanges internationally.

On a political whim, the body which does the same for China is under threat: an egregious act of cultural vandalism and political spite.

These organizations represent international soft power, the non-coercive shaping of attitudes and opinions through exposure and interaction; manipulating the preferences of others through appeal and attraction. 

And Britain could certainly do with some wider engagement and understanding of China. An article in the political magazine The Spectator last year revealed the startling level of incompetence within the Foreign Office, where there were only 41 speakers of Putonghua in the entire department of 17,000 staff. Such a paucity of experience and knowledge about the world's most populous nation, and its second greatest economy, is reprehensible. But to compound this failing by promoting a policy which will further impoverish Britain's resources in this vital area is unforgivable. Similarly, replacing teachers from the Chinese mainland with teachers from the island of Taiwan will dilute the lived experience and knowledge which is so vital an asset from which students can learn. A concentration of experience across a narrow range of tutors introduces a risk of group think, not a wider world view. Businesses believe that students looking for work are better equipped for the future if they speak Mandarin.

The UK needs to create better conditions to learn about China, not diminish them. It is in its own interests to understand, even if some do view China as a rival and competitor. One can only hope that the proposal is nothing more than political posturing by the education minister, more to do with party political symbolism, than a serious policy, for if it goes ahead it is likely to prove an egregious act of self harm.

China’s space technology was deeply applied in the country’s various industries in 2022, forming an all-weather remote sensing monitoring system for infrastructure including all sea areas and islands under its jurisdiction, the China Aerospace Science and Technology Corporation (CASC) said on Wednesday during the release of the Blue Book of China Aerospace Science and Technology Activities. 

China has developed a series of satellites for ocean color, marine dynamics and surveillance, which have formed the capability of continuously and frequently covering observations of global waters, and have achieved remarkable results in applications in areas including island management, marine resource investigation and supervision, marine environmental monitoring and forecasting.

In 2022, China's marine satellites continued to carry out remote sensing inspections of key islands and reefs. In particular, they strengthened monitoring of the waters around Huangyan Island, Diaoyu Island and all the islands of Xisha, Zhongsha and Nansha Islands, providing important data support for the management of sea areas and comprehensive management of the islands.

China's marine satellites also continued to carry out remote sensing detection of key islands and reefs in 2022, in particular strengthening the monitoring of the waters around Huangyan Island, Diaoyu Island, as well as the Xisha, Zhongsha and Nansha Islands, providing a significant basis for the utilization of waters and coastal islands, the report noted.

In addition, China’s marine satellites are also carrying out global ocean observation and forecasting, providing services for global marine dynamic environment monitoring, marine forecasting and disaster monitoring, as well as remote sensing monitoring of global sea level changes.

China's marine satellites have successfully provided important data and technical support for monitoring and warnings for fires, typhoons and storm surges at home and abroad.

Lin Mingsen, director of the National Satellite Ocean Application Service, said China will further strengthen the integration of artificial intelligence, big data and other technologies with satellite remote sensing systems, so as to provide high-quality marine satellite public service products and promote the level of marine management in China.

South China’s Shenzhen vowed on Wednesday to intensify its crackdown on ill-intentioned speculation and smears against private businesses among its newly 20-point measures to boost the private economy, according to Shenzhen Fabu, the official WeChat account of the Shenzhen Government Information Office.

The move marks a prompt response from local authorities to implement the comprehensive guidelines recently issued by the central government to support the private sector.

According to the measures, Shenzhen will step up efforts to combat deliberate speculation, rumors, and defamation against private enterprises and entrepreneurs. The city will also crack down on "online blackmouths" in accordance with the law to create a favorable social atmosphere that respects and supports the growth of private entrepreneurs.

The city will also actively promote leading private enterprises in emerging fields such as new energy vehicles, artificial intelligence, and new energy storage. Moreover, it will foster national and provincial-level characteristic industrial clusters for small and medium-sized enterprises.

To strengthen financing support for private enterprises, Shenzhen will establish a 5 billion yuan ($685 million) fund to hedge risks in loans to small and micro enterprises and reduce the guarantee fee rate for financing these enterprises by government financing institutions to below 1 percent.

Efforts will also be made to support private companies in expanding the overseas market and participating in overseas projects brought by opportunities from the Belt and Road Initiatives and the Regional Comprehensive Economic Partnership.

Shenzhen is home to a long list of renowned private firms such as Huawei, Tencent, and BYD. Its private sector has been one of the most dynamic in major Chinese cities, playing an outsized role in the city’s economy, according to Shenzhen Daily.

By the end of 2022, there were 2.379 million private companies in Shenzhen, accounting for 97 percent of the city’s overall firms. The private economy comprised 55.9 percent of the city’s GDP, according to the report.