Profits of China's major industrial enterprises fell 2.3 percent in 2023, continuing a month-on-month narrowing that began in March, an ongoing recovery that underscores the resilience of the Chinese economy, experts said.
In 2023, the profits of industrial companies whose annual main business revenue exceeded 20 million yuan ($2.82 million) stood at 7.69 trillion yuan, a year-on-year decline of 2.3 percent, narrowing by 2.1 percentage points from the first 11 months of last year, the National Bureau of Statistics (NBS) released on Saturday.
State-owned enterprises achieved total profits of 2.26 trillion yuan in 2023, down 3.4 percent year-on-year, while private enterprises had total profits of 2.34 trillion yuan, up 2 percent, NBS data showed.
With domestic demand improving gradually and industrial production picking up steadily, the profitability of large-scale industrial enterprises has continued to recover, further consolidating the foundation for high-quality development of the industrial economy, NBS statistician Yu Weining said in a statement on Saturday.
While the total profits of major industrial enterprises declined amid the multiple challenges at home and abroad, the narrowing trend has sent a positive signal that the Chinese economy is gradually overcoming various difficulties and stabilizing on an improving trend, Zhu Keli, executive director of China Institute of New Economy, told the Global Times on Saturday.
In terms of the moving trend of industrial profits throughout the year 2023, major industrial enterprises' profits saw a sharp narrowing of decline, given the year-on-year decrease of 22.9 percent in January-February, Yu said.
By quarter, the profit of industrial enterprises in the first quarter of 2023 fell by 21.4 percent year-on-year, with a 12.7 percent fall in the second quarter, before recording a 7.7 percent gain in the third quarter and a 16.2 percent increase in the fourth.
In December, profits of industrial enterprises rose by 16.8 percent year-on-year, growing for a fifth consecutive month, according to the NBS.
Overall, more than 60 percent of industries recorded profit gains in 2023. With the deepening industrial chain optimization and upgrading, the efficiency of the equipment manufacturing industry continues to improve, further strengthening its supporting role for the profit recovery of industrial enterprises, Yu said.
Specifically, due to the rapid rise in shipbuilding orders and the record high automobile production, the transport equipment industry saw profits jump by 22 percent year-on-year, while profits of the automobile industry increased 5.9 percent.
Against the backdrop of complex global economic changes, the recovering industrial profits reflected the tenacious resilience and innovation vitality of Chinese industries, Zhu noted.
Chinese industrial enterprises not only pay attention to short-term benefits, but also focus on the long-term development, constantly enhancing their core competitiveness and market adaptability by strengthening technological innovation and improving added value of products. Those efforts are gradually being translated into concrete economic benefits, offering a strong support for the recovery of industrial profits, according to Zhu.
"Industrial enterprises' performance has pointed to an overall trend that the Chinese economy is undergoing a continuous improvement," Xi Junyang, a professor at the Shanghai University of Finance and Economics, told the Global Times on Saturday.
With the continued policy support, the improvement in the operating conditions across the industrial sector is expected to continue in 2024, Xi said.
Despite facing multiple challenges, China's manufacturing industry has shown strong resilience in recent years, according to a report released on Saturday by the China Finance 40 Forum -- a Chinese think tank specializes on issues of economic and financial policy.
The report said that the growth rate of China's manufacturing sector investment has continued to be higher than the growth rate of the total capital investment and the GDP growth rate since 2020.
Meanwhile, the proportion of investment by private enterprises has further increased, and the manufacturing investment has been concentrating in industries such as electrical equipment, telecommunication and computing information.
The upgrading trajectory of China's manufacturing industry is consistent with the experience of high-income countries, said Zhang Bin, a senior CF40 researcher and deputy director of the Chinese Academy of Social Sciences' Institute of World Economics and Politics.
A modern service industry is a necessary condition for the upgrade of the manufacturing industry as it is difficult to see the sustainability of manufacturing investment higher than a society's fixed asset investment, Zhang said.
China saw steady expansion of employment in 2023, with the emerging digital economy and technology sectors creating more opportunities for young job seekers, multiple industry insiders and enterprises have told the Global Times.
Despite the pessimistic picture painted by some foreign media reports, observers remained optimistic and confident in China’s employment situation, given the country’s efforts to stabilize the labor market as well as various favorable trends.
The emergence of cutting-edge technologies in the digital economy combined with new scenarios and sources of demand have brought more options and chances for young people, Li Qiang, vice-president of Zhaopin.com, told the Global Times in a recent interview.
Li noted that a diverse range of job opportunities have emerged with different entry levels, from the frontiers of digital technology to more basic jobs in expanding sectors such as artificial intelligence (AI).
Mexin Group, a door company based in Southwest China's Chongqing Municipality, told the Global Times on Monday that it has opened new positions and expanded hiring of AI engineers amid the development of its intelligent production.
The company hopes its AI engineers can integrate the technology into different applications and platforms, while carrying out new practices complying with various corporate projects, Mexin said in a statement.
Digital transformation has not only advanced the production and development patterns for enterprises in the manufacturing sector, but also provided growing potential and space for young job applicants, particularly in rising sectors such as industrial automation and new energy.
The proportion of jobs classified under the category of production, processing and manufacturing on Zhaopin.com increased from 15.3 percent in 2022 to 16.8 percent in 2023, with the growth rate ranking first among all industries. Meanwhile, the talent gap related to the energy-saving industry and new-energy vehicles is expected to reach 1.03 million people in 2025, according to data from the Ministry of Industry and Information Technology.
In addition, Li said the digital economy has created more flexible jobs with higher job autonomy and lower entry barriers.
The number of newly registered drivers for on-demand delivery service provider Lalamove, also known as Huolala, increased by more than 70 percent in 2023, while the active drivers born in and after 1990 accounted for 30 percent of the total number, a yearly increase of 45 percent, the company told the Global Times on Tuesday.
Huolala said that 60 percent of their surveyed drivers born in and after 2000 chose to be cargo drivers due to the job’s flexibility, as they can pursue different passions such as being e-sports players and technicians at the same time.
The urban unemployment rate in China stood at 5.2 percent on average in 2023, down 0.4 percentage points year-on-year, official data from the National Bureau of Statistics (NBS) showed last week, amid an overall improvement in employment.
The NBS also resumed the release of data for youth unemployment after a four-month suspension. The surveyed unemployment rate of the population aged 16 to 24 (excluding students) was 14.9 percent in December.
However, pressure is still persisting in 2024 given the structural contradictions for employment of some groups and in certain industries, said Kang Yi, a spokesperson for the NBS at a press conference on January 17.
Kang added that the employment situation will remain stable in 2024 thanks to the economic recovery, accelerated industrial upgrading and other positive factors such as supportive policies.
Li said that market confidence, bolstered by policy support taking further effect, has been rebounding, adding that the recovering confidence among enterprises is another positive factor for 2024.
France-based airplane manufacturer Airbus started operations at the Airbus Lifecycle Services Center in Chengdu, Southwest China's Sichuan Province on Wednesday, a latest example of aviation cooperation between China and France.
The center's opening came just days before Saturday, which will mark the 60th anniversary of diplomatic relations between China and France.
This center is the first of its kind to cover, as a one-stop shop, the full range of activities from aircraft parking and storage to maintenance, upgrades, conversions, dismantling and recycling services for various aircraft types, as well as the controlled distribution of used parts from dismantling, Airbus said.
It plans to obtain overhaul qualifications and aircraft dismantling qualifications for Airbus A320/A330 within the year, and Boeing 737 maintenance qualifications are also expected.
Covering a space of 717,000 square meters with storage capacity for 125 aircraft, the site will ramp up operations between now and 2025, directly employing up to 150 people, the company said.
The center unites under one roof a joint venture among Airbus, Tarmac Aerosave and the city of Chengdu, along with the Airbus company Satair.
Located in the same center, Satair will acquire aging aircraft and trade and distribute the used parts to complete the full scope of lifecycle services.
After storage and upgrading, 75 percent of the aircraft stored in the center are expected to fly again. The remaining planes will be dismantled with the unique Tarmac Aerosave process, recovering about 90 percent of the aircraft weight, the company said.
It echoes our purpose to pioneer sustainable aerospace and shows our approach to environmental responsibility across the entire aircraft lifecycle, and the center is a great example of Chinese-European cooperation in the development of the circular economy for the aviation industry, said Cristina Aguilar, Airbus' senior vice president customer services.
The project is of special significance, when China is entering a new cycle of mass withdrawal of aircraft, with a large number of aircraft to be involved, and the project will play an important role in the circular economy, Lin Zhijie, an independent market watcher, told the Global Times.
Chinese experts attributed the robust growth of aviation to the huge Chinese aviation market.
Airbus predicted in December 2023 that China will overtake Europe and North America to become the world's largest aviation services market by 2042, with its market value climbing to $54.1 billion.
Aviation cooperation between China and France has seen sound development in recent years.
In June last year, China Southern Airlines, the carrier offering the largest annual air passenger capacity in China, said it would equip its new fleet of 96 A320neo planes with Thales' market-leading avionics solutions. This new agreement is a fitting testament to the extensive cooperation in the field of civil aviation between France and China. In the helicopter domain, Thales also partnered with Simaero to deliver China's first H225 level D Full Flight Simulator to China Sky-Wings training center in Shanghai, for improving the overall safety of Chinese helicopter pilots.
Thales has been present in China for more than 40 years. It has three joint ventures and employs 1,800 people with offices located in seven cities in China.
In April 2023, Airbus signed a purchase agreement for 160 commercial aircraft with a Chinese partner, and it will open a second assembly line in North China's Tianjin Municipality, further expanding its presence in one of the largest aviation markets in the world.
During the ninth China-France High Level Economic and Financial Dialogue held in July 2023 in Beijing, China vowed to strengthen policy communication with France, deepen practical cooperation, step up coordination on international and multilateral affairs, and push the China-France comprehensive strategic partnership to a new high, according to the Xinhua News Agency.
The year-on-year decline in China's Consumer Price Index (CPI) over recent months is caused by structural and cyclical factors, while core CPI remained stable excluding the impact of food and energy prices. It is anticipated that CPI will see a mild rise in 2024, a Chinese official said on Wednesday.
Prices have fallen in China lately, led by a retreat in the cost of food and energy. Excluding the impact of food and energy prices, core CPI has remained stable, suggesting that the decline in prices was not widespread or broad-based, but rather cyclical and structural, head of the National Bureau of Statistics (NBS) Kang Yi told a press conference in Beijing.
In 2023, China's overall prices remained on a moderate upward trend, with the annual CPI rising by 0.2 percent, and the core CPI increasing by 0.7 percent, Kang noted.
As for the structural factors, the decline in food and energy prices is not solely a result of changes in market supply and demand dynamics. In 2022 and 2023, their prices were primarily influenced by non-economic and unconventional factors, Kang said.
Energy prices, particularly those of petroleum, play a substantial role in the CPI basket in China. In December 2023, energy prices witnessed a 0.5 percent drop, in contrast to the 5.2 percent increase in December 2022. The significant rise in energy prices in 2022 followed by a decline in 2023, with one acting as a positive factor and the other as a negative factor, has exerted a considerable downward pull on the year-on-year CPI comparison, Kang explained.
As for food prices, there was a 3.7-percent drop in December 2023, contrasting with a 4.8-percent rise in December 2022. The increase in December 2022 was caused by pandemic-related measures, leading to logistical challenges and an across-the-board rise in food prices. As the economy returned to normal, accompanied by ample supply, food prices eased from the high baseline of the previous year, he said.
As the Chinese economy continues to recover on the back of steady growth in income levels and an expansion in domestic market demand, there is a foundation for upward movement of prices. As the Spring Festival holidays approach, demand for food spending is rising. Increased activity in service spending, such as dining out, visiting relatives and friends, and trave will further drive the seasonal rise in CPI, Kang said.
In the first 10 days of January 2024, monitored data indicates food prices have remained generally stable, experiencing mild increases in some regions, he said.
The low-level operation of prices also reflects, to some extent, issues such as insufficient market demand, Kang said, noting that it is a cyclical phenomenon in China as the economy returns to normalcy after three years of pandemic impact. "In the short term, inadequate demand can lead to downward pressure on prices."
China's CPI saw a year-on-year decrease of 0.2 percent in October 2023, followed by declines of 0.5 percent in November and 0.3 percent in December, NBS data showed.
During the key annual Central Economic Work Conference held in Beijing in December 2023, policymakers stressed the need to expand domestic demand, noting that "efforts should be made to stimulate consumption with potentials and expand productive investment to create a virtuous cycle of mutual promotion between consumption and investment."
"The development of digital consumption, green consumption and health consumption should be further promoted, and new growth areas such as consumption of smart home appliances, entertainment and tourism, sports events and trendy domestic brands should be fostered," the meeting noted.
With the introduction of relevant policies, the issue of insufficient market demand will ease. As a result, consumer prices will most likely stabilize and rebound. "We anticipate a mild increase in prices in 2024," Kang said.
US and UK fighter jets launched strikes against multiple targets in Yemen's capital Sanaa, the western Red Sea city of Al Hudaydah and the northern province of Saada on Friday local time. The situation in the Red Sea has seen a new round of increased tensions and faces the risk of further escalation.
The air strikes took place exactly one day after the United Nations Security Council passed a resolution regarding the situation in the Red Sea, giving the impression that the UN resolution gave the green light for the US and UK actions. It must be pointed out that this is an illusion. The US and the UK may have deliberately created and strengthened this illusion, but it is far from the truth. The resolution was proposed by the US and Japan and passed with a vote of 11 in favor to none against, with four abstentions. It demanded "that the Houthis immediately cease all such attacks, which impede global commerce and undermine navigational rights and freedoms as well as regional peace and security." Russia, China, Algeria and Mozambique abstained from the vote.
The Red Sea is an important international trade channel for goods and energy, and its stability is related to the common interests of the international community. China emphasized that "No country should misinterpret or abuse relevant provisions in this resolution to create new tensions in the Red Sea." Unexpectedly, what China was worried about became a reality the next day. After the attack, some US allies in the Middle East, including Jordan and Oman, expressed concern that the situation might get out of control. Yemen's neighbor Saudi Arabia also called for avoiding escalation of the situation. There is also a lot of opposition in the US. Nabeel Khoury, former deputy chief of mission at the US embassy in Yemen, said on X (formerly Twitter), "US/UK bombing campaign in Yemen is another failure of Biden diplomacy."
The current situation in the region is dire. A cease-fire between Palestine and Israel has not yet been achieved, and the spillover conflict in the Red Sea is further escalating and expanding. The Supreme Political Committee of the Houthi armed forces of Yemen claimed that all "interests" of the US and Britain are now "legitimate targets." Retaliation and harassment against the US and the UK will start another cycle of attacks, and multiple spillover conflicts are possible. In short, the possibility of the situation deteriorating has increased and deepened, and this outcome requires all parties to do their best to avoid it.
It needs to be said that the development of the situation to this point has been both accidental and inevitable. It is the US that has pushed the situation to the current stage step by step according to its own style and behavioral logic. The skewed stance of the US in the Palestinian-Israeli conflict has led to the conflict becoming protracted and caused spillovers. When dealing with Middle East issues, which are intertwined with contradictions and have complex historical latitudes, the US' strategy is thoughtless, even crude.
Military means is still the most familiar, preferred and convenient method for the US. It has been used in Iraq, Afghanistan, Libya and Syria and now against the Houthi armed forces in Yemen. The US has become quite dependent on it. Many bloody lessons have taught us that force as the main means cannot solve the problem, but instead makes the situation worse and more complicated. Ultimately, we have to return to the path of political settlement. The same is true for the Palestinian-Israeli conflict. China has repeatedly stressed the urgency of achieving an immediate cease-fire in Gaza, and it is the overriding prerequisite for everything else and a top priority for international diplomatic efforts.
Whether it is the current Red Sea crisis or the protracted conflict in Gaza, the real solution to the problem has always been clear, which is to immediately implement a cease-fire in Gaza. But for this core demand, the US currently does not have the courage to truly take supportive action. US Secretary of State Antony Blinken has made four trips to the Middle East in three months. He has made so many trips, but he can't even say the word "instant cease-fire." If Washington continues on its current path, it will not solve the Middle East problem, but will become an active promoter of risk proliferation.
US defense officials said the strike was intended to thread the needle - pressing the Houthis to quit their attacks without spurring more conflicts in the volatile region. Threading the needle can be regarded as progress in US thinking, but can it achieve this via force? Can this restore peace in the Red Sea? The answer is obviously no.
China strongly opposes the US' so-called bills supporting the Taiwan island as a member of the IMF and has lodged a solemn representation with the US, a Chinese Foreign Ministry spokesperson said on Tuesday.
The US House of Representatives advanced several bills concerning the island on Friday. One of them, the "Taiwan Non-Discrimination Act of 2023," sponsored by California Republican Young Kim, requires the US to advocate for Taiwan's membership at the IMF.
In response, Chinese Foreign Ministry spokesperson Mao Ning told a regular press conference in Beijing on Tuesday that the so-called bill constitutes a gross interference in China's internal affairs, attempting to manipulate political issues under the guise of the Taiwan question and creating incidents that promoted "one China, one Taiwan" or "two Chinas" that violate the one-China principle.
China has expressed its strong dissatisfaction, firmly opposes the latest move by the US, and has lodged a solemn representation with the US, Mao said, emphasizing that Taiwan island has no legitimate reasons or rights to participate in international organizations such as the United Nations, which are reserved for sovereign states.
Mao mentioned that on October 25, 1971, the 26th Session of the United Nations General Assembly adopted Resolution 2758 by an overwhelming majority, explicitly recognizing that the Government of the People's Republic of China as the sole legitimate representative of China at the United Nations, and demanding the expulsion of the representatives of the Taiwan island from the UN.
For over half a century, the UN and other specialized agencies, including the IMF, have adhered to the provisions of this resolution, the spokesperson said.
"Any issue related to Taiwan's participation in international organizations must be resolved under the One-China principle. The US should recognize the high sensitivity of the Taiwan question, immediately cease interfering in China's internal affairs, stop sending wrong signals to pro-independence forces in the island, and refrain from harming China-US relations and the peace and stability of the Taiwan Strait," Mao said.
At the invitation of Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, Viola Amherd, President of the Swiss Confederation, and Leo Varadkar, Irish Taoiseach, Premier Li Qiang of the State Council will attend the World Economic Forum Annual Meeting 2024 and pay an official visit to Switzerland and Ireland from January 14 to 17: Chinese Foreign Ministry
"National security is the foundation of national rejuvenation. In adhering to the overall concept of national security, we resolutely safeguard national sovereignty, safety, and development interests." On August 1, 2023, the official WeChat account of China's Ministry of State Security made its debut with these powerful words, becoming an important window, through which the whole society could gain an understanding of the work conducted by national security agencies.
China's national security agencies are responsible for counter-espionage work, while also undertaking functions such as safeguarding political agency and overseas security. The national security agencies have always been shrouded in mystery, representing a covert front line with special status and missions. They have played an important role in defending the state power, maintaining social harmony and stability, and protecting people's lives and property.
To mark the fourth Chinese People's Police Day which falls on January 10, Global Times reporters went to two border towns in North and South China - Manzhouli in Inner Mongolia Autonomous Region and Xishuangbanna Dai Autonomous Prefecture in Yunnan Province, to conduct in-depth interviews with local national security officers, who faithfully practice the pledge of dedicated service to the people.
Head-to-head frontline battles
Manzhouli is covered in white snow amid the howling wind in December 2023. The city stands near the boundary marker of the China-Mongolia-Russia tri-border, and a borderline that stretches over 1,000 kilometers. Officers from the national security bureau of Manzhouli told the Global Times that this special geographical location has always made the city an important channel and springboard for hostile forces to infiltrate and sabotage the country. The continued sagas of silent struggles of infiltration and counter-infiltration, subversion and counter-subversion, and division and counter-division play out here on a regular basis.
During her first mission, Li Yue (pseudonym), a Generation-Z officer from the national security bureau in Manzhouli, experienced the acuteness and complexity of these struggles.
Similar to a plot straight out of a film, Li Yue had to disguise herself as a waitress in a restaurant to get closer to a suspect, in order to coordinate with her colleagues' next move.
"In the few steps that it took for me to come face to face with him, I tried to maintain my cool, not allowing myself to show any hint of nervousness. Trained professionals quickly notice such things, so I had to meet his gaze with a placid one," Li Yue recalled.
Like any ordinary waitress, she greeted the suspect with a smile, led him to his seat, offered him a glass of water, took his order, and also attended to the rest of the diners. "My colleagues and I did a lot of work beforehand, making contingency plans for various possible eventualities. The suspect would never know that a covert operation was fully underway."
Shortly after this mission, Li Yue changed her online handle to "actor." Exquisite "acting" skills were just some of the many skills and qualities possessed by the national security officers. The success of each operation relies on meticulous planning, creative thinking, strong psychological resilience, and unwavering courage.
Thousands of miles away on the Southwest China's border region, Xishuangbanna national security bureau officers guard the region with Laos and Myanmar, which stretches for nearly a thousand kilometers. Their main task is to prevent foreign spies and intelligence personnel from infiltrating or fleeing from China.
In 2015, the Xishuangbanna bureau successfully cracked down on an espionage case that was remotely plotted by a foreign intelligence agency. In August of that year, the bureau received a tip from higher-level authorities that a man surnamed Li, who used to work in an important governmental department, had been subverted and recruited as a spy by a foreign intelligence agency while studying abroad. Signs showed that Li was about to escape the country recently, very possibly via Xishuangbanna.
After receiving the arrest order, the officers of the Xishuangbanna bureau carefully analyzed Li's possible escape routes, mobilized all forces to set up checkpoints and surveillance, and finally tracked him down.
Song Bin (pseudonym), a Xishuangbanna bureau official who participated in the operation to arrest Li, told the Global Times that "during the operation, we found that Li was using various anti-surveillance methods to evade arrest. Various signs indicated that there were personnel from foreign spy intelligence agencies behind him [who had taught him how to evade police detection]."
On the sixth day of the arrest operation, Li arrived at an exit channel on the Xishuangbanna border. National security officials from the Xishuangbanna bureau, who were disguised as boat operators, waited at the exit channel and noticed that Li matched the photo in the arrest warrant and made their approach.
"We asked to see his identity (ID) card if he wanted to take our boat to go abroad. He provided us with a fake ID card, which showed his registered place of residence as Southwest China's Sichuan," Song said.
The Xishuangbanna bureau police would not be able to arrest Li if they could not confirm his identity, otherwise it would alert the target and the operation would fail. At this critical moment, one of the officials, who was familiar with various dialects in the southwest, had a brilliant idea: Now that Li had pretended to be a Sichuan native, why not converse with him in the Sichuan dialect?
This sudden "test" caught Li off-guard, and his expression changed drastically, revealing his guilt. The Xishuangbanna bureau officials then confirmed his identity as the fleeing suspect. The officers also immediately revealed their identities before taking Li into custody while he pleaded not to be arrested.
Silent, dangerous mission
In the process of safeguarding national security, national security officials have also demonstrated their great spirit of dedication and sacrifice.
"We often have to face unexpected dangers, and in some critical moments, we can only put our lives on the line," an official from the Xishuangbanna bureau surnamed Yan told the Global Times.
Yan recounted an instance in which a person suspected of engaging in activities that endangered national security fled to Xishuangbanna with the intention of leaving the country. During the arrest operation, while not sure of whether the suspect was armed, Yan and several other Xishuangbanna bureau officials decisively charged forward.
"Although he was alone, he had received relevant military training and had a mindset of fighting to the death. At that critical moment, we didn't have time to think; we could only rush forward and firmly restrain him. Fortunately, his luggage only contained cash and some forged documents," Yan said.
Being able to endure hard work and loneliness is how many national security officers evaluate their own work. Jiang Dingbian (pseudonym), an officer from the national security bureau in Manzhouli, has devoted himself to security operations for nearly 30 years. He told the Global Times that those officers have to make long-term contingency preparations for every case. "It may take three to five years, or even more than a decade, to track down just one lead."
The national security bureau in Manzhouli once arrested a target that had been under surveillance for years. Jiang spent three years in analyzing thousands of pieces of information before finally discovering evidence of the target's involvement in other illegal activities.
In order to promptly identify all possible risks, the national security bureau in Manzhouli has set up a room that is less than 20 square meters, where national security officers work in shifts around the clock. For a long time, this small space had no air conditioning and the water supply would occasionally be cut off. In the summer, the national security officers would often be drenched in sweat, while in the winter, they had to endure the freezing cold wind constantly seeping in through the cracks in the window at minus 30 C.
"Some cases have made no progress after years of effort, which made me wonder whether it was worth persisting. But we cannot overlook any potential national security risks and threats. This is our original intention and our duty," Li Yue said.
Whole-society defense line
National security is the common aspiration and fundamental interest of all ethnic groups in the country. Safeguarding national security is also the shared responsibility of all ethnic groups in the country.
Manzhouli national security bureau officer Li Bin (pseudonym) said that since the first National Security Education Day on April 15, 2016, the whole society has become more actively involved in various efforts to safeguard national security.
On one hand, the government, institutions, enterprises, and individuals actively cooperate with national security work and provide support. On the other hand, the whole society has formed an atmosphere of responsibility for national security and the public actively reports suspicious clues, providing strong support to the work of national security agencies.
Li Bin revealed that the national security bureau of Manzhouli once received a report from a retired person, who said to have found a telephone line of a classified unit that was tens of meters long pulled out in the courtyard, leading to a residential building across the street, on his way back home.
The veracity of the situation was confirmed shortly thereafter. It was a staff member of the unit who privately set up the telephone line for personal use, risking the leakage of classified information.
The national security bureau of Manzhouli quickly contacted the unit and requested immediate rectification of the situation to eradicate potential risks.
In 2015, the national security agencies officially launched the 12339 hotline for citizens. In 2018, China's Ministry of State Security launched the internet reporting platform website www.12339.gov.cn. In April 2023, the national security agencies honored individuals who had made contributions in reporting activities that endangered national security for the fifth consecutive year. In August 2023, the official WeChat account of the Ministry of State Security opened a reporting platform.
Some officials from the Yunnan national security department reached by the Global Times said that they have witnessed a significant increase in awareness in the recent past, along with an understanding and participation of the public in safeguarding national security. This has been reflected in the increased number and quality of reports received through the 12339 hotline.
In recent years, with the help of public reports, the Yunnan national security department has successfully solved multiple cases related to ecological and military security, preventing valuable samples of flora and fauna and sensitive military equipment information from being transferred to foreign intelligence agencies.
Selfless, anonymous heroes
"Sorry but I can't disclose the specific details due to confidentiality regulations;" "Please do not mention my name and personal information;" "As a national security officer, I am willing to be an anonymous hero." These are phrases that Global Times reporters have heard repeatedly during interviews, highlighting the uniqueness of covert operations - selflessness, anonymity, and humility.
In the archives of the national security bureau in Manzhouli, two large cabinets occupy an entire wall, filled with files on the same case. This case has spanned over 20 years, involving several generations of national security officers. Behind each page of these files are all-night efforts, undercover operations in harsh weather conditions, and thrilling covert confrontations. However, once they leave the office, these experiences are never mentioned and may never be known.
In the battlefield of safeguarding national security, the invisible gunshots and unheard gun battles have never ceased. It is because of the silent dedication and perseverance of every national security officer that the sovereignty, security, and development interests of the country are protected, and the peaceful lives of the people are undisturbed.
Jiang said that many national security officers silently dedicate their entire lives to their work, without receiving applause and without the spotlight and dazzling stage. They quietly exit the stage after remarkable service, and the driving force that supports them is their firm belief in their hearts.
Currently, the meaning, purpose, and value of national security in our country are richer than at any time in history, and the internal and external factors affecting the same are more complex than at any time in history. The challenges faced in safeguarding national security are unprecedented. As national security officers have stated, "We always maintain a state of readiness, prepared to fight against any behavior that threatens national security."
Hidden in silence, the sword shines in invisibility. In this new era, Chinese national security agencies are embarking on a new journey to faithfully fulfill their duties, safeguard national sovereignty, security, and development interests, be an integral part of the great rejuvenation of the Chinese nation, and compose a new anthem for nameless heroes.
Chinese government agencies are placing significant emphasis on economic work and policy measures, underscoring their unwavering commitment to achieving the objectives outlined at the Central Economic Work Conference (CEWC), a tone-setting meeting for China's 2024 economic work.
The approach reflects China's confidence and determination to meet the targets for both economic and social development, fostering a positive outlook for robust economic growth in 2024, experts said.
On Tuesday, the first working day of 2024, Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs, said in an article published in the People's Daily that China's economic recovery and long-term improvement remain unchanged, with favorable conditions outweighing unfavorable factors.
It is expected that China's economy showed signs of improvement in 2023 compared with the previous year. In contrast to many other countries struggling with weak recoveries, soaring prices and high debt, China's economy is developing rapidly with stable employment, commodity prices and international balance of payments, Han said.
Han called for the implementation of policies that would help stabilize expectations, promote growth and boost employment. He also called for unleashing consumption potential and tapping into potential demand in the areas of urban renovation, migrant workers, education, healthcare and elder care.
The remark from Han came as top officials from major government agencies including the National Development and Reform Commission (NDRC), China's top economic planner, the Ministry of Industry and Information Technology (MIIT) and the Ministry of Finance (MOF), have delivered reports in recent days, focusing on economic work in 2024, on the heels of the CEWC.
The CEWC usually breaks down tasks in a very specific manner after the conference. With each government agency announcing its respective work arrangements at the beginning of the year, it will effectively stabilize expectations and bring significant benefits to economic stability and development, Li Chang'an, a professor at the Academy of China Open Economy Studies of the University of International Business and Economics, told Global Times on Wednesday.
The CEWC, which was held in December, called for enhancing confidence and determination.
Recent statements from various ministries and departments indicate that the government is highly focused on economic work and is strengthening macroeconomic regulation and policy coordination to achieve a positive economic recovery, Wang Peng, an associate researcher at the Beijing Academy of Social Sciences, told the Global Times on Wednesday.
In the agency's respective report, Zheng Shanjie, head of the NDRC, emphasized the importance of stabilizing expectations and enhancing confidence in China's economic development. "We have the ability to continuously improve our economic structure, strengthen growth momentum and maintain positive development trends," Zheng said.
In a report delivered in recent days, China's Finance Minister Lan Fo'an also expressed confidence in achieving the annual targets for economic and social development in 2023, which he said will lay a solid foundation for development in 2024.
The CEWC also specifically mentioned the need to vigorously promote new industrialization, develop the digital economy and accelerate the development of artificial intelligence (AI).
Jin Zhuanglong, minister of the MIIT, highlighted the need to cultivate and expand emerging industries, proactively plan for future industries, promote the use of AI in new industrialization and green and low-carbon development in the industrial sector.
The CEWC also mentioned that proactive fiscal policies should be appropriately strengthened and improved in quality and efficiency.
Lan mentioned the MOF will further strengthen policy support and financial protection, and coordinate the use of policy tools such as taxation, transfer payments, government investment and financing guarantees.
The recent statements, which addressed all important aspects of the nation's economic work, conveyed a stable, proactive and pragmatic attitude. The introduction of these policy measures will help boost market confidence and enhance social expectations, injecting strong momentum into economic development, Wang said.
Experts expressed a high level of confidence that China was able to meet its economic growth target for 2023 of about 5 percent, and they anticipate a continued economic recovery in 2024.
China has released major economic figures for the first 11 months of 2023. Industrial output expanded at a better-than-expected 6.6 percent in November, the fastest pace in almost two years, and retail sales also showed steady 10.1 percent growth year-on-year, according to data from the National Bureau of Statistics (NBS).
Recently, several international organizations and financial institutions have raised their forecasts for China's economy and remained upbeat about China's economic outlook for 2024.
The IMF recently raised its forecast for China's GDP growth in 2023 to 5.4 percent from 5 percent in October.
Strong growth in household consumption and supportive macroeconomic policies, including a special-purpose bond issue of 1 trillion yuan ($140 billion) are highlights for China's 2024 economy, Steven Alan Barnett, senior IMF resident representative in China, told the Global Times in an exclusive interview in December.
"It is expected that China's economic development environment in 2024 will be better. The main focus of economic work for 2024 will be centered on expanding domestic demand, stabilizing foreign investment and stabilizing foreign trade," Li said.
Chinese private aerospace firm iSpace completed the country's first reusable launch vehicle test on Sunday. The achievement marks a milestone in China's development of space technology.
The Hyperbola-2 is the company's latest model for reusable launch vehicle tests. During the flight, the vehicle reached an altitude of 343.12 meters, with a flight time of 63.15 seconds, and landed with a landing speed of 1.1 m/s and a landing attitude angle of 1.18 degrees.
The rocket had its first stage test flight on November 2, with a well-controlled descent and touchdown. I-Space then spent less than 20 days on preparation and maintenance work for the rocket.
The test flight verified the reuse capability of a full-size liquid-oxygen-methane rocket and its reliability for low-altitude descent and touchdown, as well as the testing process, norms, and standards. It also verified the company's rocket recovery system, marking a step forward in the global market of reusable launch vehicles.
The successful test flight of the Hyperbola-2 rocket represented more than just a technological breakthrough for iSpace. In the field of reusable launch vehicles, large companies including SpaceX and Blue Origin have established dominant technology advantages. The success of the iSpace test signals that the Chinese company is making strides in the emerging market.
China has continuously invested in the space sector and maintains advancements in key areas. On Sunday, the Yaogan-39 satellite was successfully launched from the Xichang Satellite Launch Center in southwest China's Sichuan Province, marking the completion of the 500th flight mission of China's most iconic Long March series rockets.
China's private companies have been increasingly involved in the development of space technology in recent years. On Saturday, Landspace successfully launched a Zhuque-3 rocket with three satellites, Honghu, Honghu-2, and Tianyi-33, marking the first time the startup company has sent satellites into orbit.
