Xi Stresses Enhancing Party Leadership Over Armed Forces
President Xi Jinping stressed the need to enhance the leadership of the Communist Party of China (CPC) over the armed forces to provide a strong political guarantee for achieving the centenary goal of the People’s Liberation Army. Xi made the remarks in an instruction to a meeting on the Party building in the armed forces. The meeting was held in Beijing on Thursday and Friday. In his speech, Xi also called for an “earnest review of the historic achievements and important experience in Party building since the Party’s 18th National Congress,” as well as “continued efforts in advancing full and rigorous self-governance of the Party and the governance of the military with strict discipline in every respect.”
Source: China Military
China Builds Up Economic Ties With Ukraine
In a move that is likely to discomfit Russia, China’s Vice Minister of Commerce and Deputy International Trade Representative Ling Ji met with Deputy Minister for Economic Development, Trade and Agriculture of Ukraine Taras Kachka in Beijing on Thursday. Officials said both sides are eyeing actively developing mutually beneficial bilateral economic and trade cooperation. Speaking at the meeting Ling said that China is willing to promote the advancement of the strategic partnership. He added that China was willing to expand imports of high-quality products from Ukraine, explore a feasibility study for trade liberalization, and enhance cooperation within the framework of the World Trade Organization. Ling also urged the Ukrainian side to effectively safeguard the safety of personnel and assets of Chinese enterprises and protect the legitimate rights and interests of Chinese companies in the country.
Source: Global Times
China, Russia Begin Military Exercises In Sea of Japan
Chinese and Russian naval and aviation forces started a joint exercise in the Sea of Japan on Thursday. The “Northern/Interaction-2023” exercise aligns with the annual cooperation plan between the Chinese and Russian militaries and is taking place under the theme “Maintaining the Security of Strategic Maritime Channels.” Ten vessels and 30 aircraft have been deployed. During the next four days, the participating forces will mainly focus on conducting drills related to sea and air escorts, deterrence and repulsion, and anchorage defense among other courses. The objective is to bolster the strategic coordination between the two militaries and effectively respond to security challenges, according to China’s Ministry of National Defence.
China To Unveil Economic Package To Boost Private Sector
China will soon roll out a series of policy measures to support more private investment and boost private enterprises as part of a package of measures to bolster corporate confidence and revive economic recovery, the country’s top economic regulator said on Thursday. The announcement came a day after China issued a top-level document for promoting the development of the private sector, which details 31 measures such as supporting private enterprises’ access to funding, reducing market entry barriers and promoting fair competition. Li Chunlin, deputy head of the National Development and Reform Commission, said the commission will work with relevant parties to introduce supportive measures to implement the recently announced guidance, and two documents will be released soon to promote the development of the private sector and boost private investment.
Source: China Daily
China’s Top Political Advisory Body Holds Leadership Meeting
The 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), the country’s top political advisory body, held its sixth Chairperson’s Council meeting in Beijing on Tuesday. Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the CPPCC National Committee, presided over the meeting and delivered remarks. During the meeting, attendees studied the guiding principles of important speeches recently made by Xi Jinping, general secretary of the CPC Central Committee. Wang called on the CPPCC National Committee to organize and guide its members in meticulously studying the whole system of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. He also urged efforts to deliver solid outcomes in all areas of work during the second half of this year.
Source: People’s Daily
Govt Data Shows China Added Over Six Million New Jobs This Year
China added 6.78 million new jobs to the labor market in urban regions in the first half of 2023 (H1), achieving 57 percent of the annual jobs target, according to data released Friday by the Ministry of Human Resources and Social Security. In June, the surveyed urban unemployment rate stood at 5.2 percent, the data showed. China aims to add 12 million jobs in cities this year and keep the surveyed urban jobless rate at around 5.5 percent. According to a statement by the ministry on its website after a press conference, the government had stepped up efforts in prioritizing employment in H1 with concrete measures. For instance, the government subsidized enterprises with funds to the tune of 52.8 billion yuan (about 7.4 billion U.S. dollars) in H1 to encourage companies to provide job openings, the statement said. It said the government also fully promoted the employment of young people, such as college graduates, through various action plans and training initiatives.