The successful convening of the Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) has sparked enthusiastic responses among Party members and cadres in central and state organs. They expressed that they will rally more closely around the CPC Central Committee with Comrade Xi Jinping at its core, thoroughly study and grasp the spirit of General Secretary Xi Jinping's important speeches and the Third Plenary Session of the 20th CPC Central Committee, unite, strive forward, and continuously write new chapters for Chinese modernization. The Third Plenary Session of the 20th CPC Central Committee highly praised the successful practices and great achievements of comprehensively deepening reform since the new era, and made scientific planning and systematic arrangements for further comprehensively deepening reform and advancing Chinese modernization. Everyone unanimously agreed that the plenary session was a very important meeting held at a critical juncture for comprehensively promoting the building of a strong nation and the great cause of national rejuvenation through Chinese modernization. It holds significant theoretical, practical, and epoch-making implications. The plenary session emphasized that studying and implementing its spirit is a major political task for the entire Party and the nation for the current and future periods. It is essential to deeply study and grasp the spirit of the plenary session, profoundly comprehend and master the theme, major principles, major measures, and fundamental guarantees for further comprehensively deepening reform. Everyone stated that on the new journey, they will consciously align their thoughts and actions with the decisions and deployments of the CPC Central Committee, actively take on responsibilities, and make greater contributions to further comprehensively deepening reform and advancing Chinese modernization. The "Decision" reviewed and approved by the plenary session put forward over 300 important reform measures and is a programmatic document guiding further comprehensively deepening reform on the new journey. Everyone stated that they will implement the reforms with a "nail-driving" spirit, transforming the strategic deployment of further comprehensively deepening reform into a powerful force for advancing Chinese modernization.
Xinhua News Agency today (July 22) broadcast a lengthy dispatch titled "Blazing New Trails — The Birth of the 'Decision of the CPC Central Committee on Further Comprehensively Deepening Reform and Advancing Chinese Modernization'".
Today's (July 22) edition of the People's Daily published a commentator's article titled "Adhering to the People-Centered Approach in Planning and Advancing Reforms — On Studying and Implementing the Spirit of the Third Plenary Session of the 20th CPC Central Committee".
Our station broadcast a CCTV quick commentary titled "Continuously Transforming Our Country's Institutional Advantages into Greater National Governance Effectiveness".
Li Qiang, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, conducted a survey in Tianjin on July 22. He emphasized the importance of thoroughly studying and implementing General Secretary Xi Jinping's important speech at the Third Plenary Session of the 20th CPC Central Committee and the spirit of the plenary session, comprehensively implementing various reform tasks, vigorously promoting high-level opening up, actively exploring innovation, stimulating dynamism and vitality, and promoting high-quality development in the course of further comprehensively deepening reform. Li Qiang first visited the core area of Tiankai Higher Education and Sci-Tech Innovation Park, where he listened to a briefing on its construction and operation, and interacted with researchers, representatives of sci-tech financial institutions, and startup founders. Li Qiang stated that fostering new growth engines and developing new quality productive forces hinges on reform and innovation. It is crucial to focus on promoting the integrated development of scientific and technological innovation with industrial innovation, building more effective and attractive sci-tech innovation platforms. Support for technology-based small and medium-sized enterprises and incentives for scientific and technological personnel should be further strengthened in terms of policies and funding to promote the transformation and application of more scientific and technological achievements and accelerate the development of new quality productive forces. Li Qiang then visited Binhai New Area. At Otis Elevator (China) Co., Ltd., he learned about the company's R&D efforts, toured its intelligent manufacturing production line, and inquired in detail about product safety standards and service life. At Tianjin Hongxin Jianfa Leasing Co., Ltd., Li Qiang listened to a briefing on the company's business operations and the development of financial leasing services. Li Qiang pointed out that it is essential to seize reform opportunities, make good use of supportive policies such as large-scale equipment upgrades, and vigorously support enterprises in promoting innovative applications of artificial intelligence, allowing more enterprises and products with core competitiveness to emerge. Innovative applications of financial tools such as financial leasing should be adopted to better serve the development of the real economy. During his survey, Li Qiang heard a report on Binhai New Area's work in deepening reform and opening up and promoting high-quality development. He pointed out that Binhai New Area should be courageous in exploration and strive for excellence, better stimulating dynamism and vitality in deepening reform, especially in innovating mechanisms and breaking bottlenecks in free trade zone reforms, financial innovation and development, and high-level opening up. It should leverage its advantages and highlight its characteristics, accelerate the integrated development of ports, industries, and cities, further enhance the radiating capacity of port shipping, further unleash the huge potential of industrial upgrading, and further demonstrate the livable charm of an ecological city. It should strengthen linkages and integrate resources to play a greater role in promoting the coordinated development of Beijing-Tianjin-Hebei. Li Qiang fully affirmed Tianjin's achievements in economic and social development, and expressed his hope that Tianjin would fully implement the important instructions of General Secretary Xi Jinping regarding Tianjin's work, overcome difficulties, and forge ahead with determination to continuously achieve new successes in promoting high-quality development. Chen Min'er and Wu Zheng long participated in the survey.
Premier of the State Council Li Qiang recently signed a State Council Order, promulgating the revised "Regulations for the Implementation of the Law of the People's Republic of China on Guarding State Secrets" (hereinafter referred to as the "Regulations"), which will come into effect on September 1, 2024. The "Regulations" thoroughly implement the decisions and deployments of the Party Central Committee regarding secrecy work, and further implement relevant provisions of the "Law of the People's Republic of China on Guarding State Secrets" revised and promulgated in February 2024, totaling 6 chapters and 74 articles. The "Regulations" first, further improve the Party's system and mechanisms for managing secrecy, clarifying the specific responsibilities of the central secrecy work leading agency and local secrecy work leading agencies at all levels. It further emphasizes the main responsibility of organs and units for secrecy work. Second, it further improves the system for formulating and revising the scope of secret matters, clarifying the main content that should be specified in the scope of secret matters. It clarifies that organs and units with classification authority should formulate a list of state secret matters and revise it in a timely manner. Third, it clarifies the management requirements for top-secret state secret carriers, secret products, and key secrecy departments and areas. It reinforces the daily secrecy management responsibilities of organs and units for information systems and information equipment. Fourth, it clarifies the principles and requirements for formulating national secrecy standards, group standards, and enterprise standards, and refines and improves the scope of secrecy inspection matters and inspection norms.
Zhao Leji, Chairman of the Standing Committee of the National People's Congress, met with Banri Kaieda, Vice Speaker of the House of Representatives of Japan, in Beijing on July 22. Zhao Leji stated that maintaining and developing friendly and cooperative relations between China and Japan is in the fundamental interests of the peoples of both countries and conducive to peace, stability, and prosperity in the region and the world. China is willing to work with Japan to implement the important consensus reached by the leaders of the two countries, continuously enhance political mutual trust, abide by the principles and consensus of the four political documents between China and Japan, deepen exchanges and cooperation in various fields, properly manage and handle sensitive issues, foster a positive public opinion and social atmosphere, and promote the stable and healthy development of bilateral relations along the correct track. The National People's Congress of China is willing to maintain friendly exchanges with the Japanese Diet, strengthen exchanges between legislative bodies at all levels, and welcomes Japanese Diet members to visit China to understand a real, comprehensive, and three-dimensional China. Banri Kaieda stated that the Japanese House of Representatives is willing to strengthen exchanges with the National People's Congress of China, adhere to peaceful coexistence, expand people-to-people exchanges, and promote cooperation between the two countries in economic, cultural, and other fields.
The National Committee of the Chinese People's Political Consultative Conference (CPPCC) held a symposium in Beijing on July 22 to analyze the macroeconomic situation in the first half of 2024. Wang Huning, Member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the CPPCC National Committee, attended and delivered a speech. He stated that the CPPCC should regard studying and implementing the spirit of the Third Plenary Session of the 20th CPC Central Committee as a major political task, deeply study and implement the spirit of General Secretary Xi Jinping's important speech at the session, and study and implement General Secretary Xi Jinping's series of new ideas, new viewpoints, and new conclusions on comprehensively deepening reform. It should firmly adhere to the direction of reform, strengthen confidence in reform, serve the overall reform situation, and consciously align its thoughts and actions with the decisions and deployments of the CPC Central Committee on further comprehensively deepening reform and advancing Chinese modernization. It is necessary to continue to deepen research around the important deployments for deepening economic system reform and the primary task of high-quality development, put forward more precise, practical, and effective policy recommendations, help implement reform measures, and better shape new drivers and advantages for development. It is also necessary to implement the CPC Central Committee's decisions and deployments on economic work, do a good job in stabilizing expectations and building consensus, promote the "bright outlook" for the Chinese economy, and help achieve the annual economic and social development goals. Ten CPPCC National Committee members and experts spoke at the meeting, offering suggestions on issues such as deepening the reform of factor market allocation, promoting the deep integration of scientific and technological innovation with industrial innovation, promoting the development of artificial intelligence, giving play to the innovation advantages of state-owned assets and central enterprises, promoting the high-quality development of the private economy, expanding domestic demand, stabilizing taxation and prices, and promoting high-quality development of finance and trade. Everyone expressed that they would conscientiously implement the decisions and deployments of the Third Plenary Session of the 20th CPC Central Committee on deepening economic system reform, adhere to promoting development and innovation through reform, and promote the continuous recovery and improvement of China's economy. Shi Taifeng, Member of the Political Bureau of the CPC Central Committee and Vice Chairman of the CPPCC National Committee, presided over the meeting. Officials from the National Bureau of Statistics and the All-China Federation of Industry and Commerce introduced relevant情况 (situations), and officials from relevant departments and units attended to listen to opinions and suggestions and interact with CPPCC members.
At the invitation of host France and the International Olympic Committee, Vice President Han Zheng will attend the opening ceremony and other activities of the 33rd Olympic Games in Paris on July 26 as the Special Representative of President Xi Jinping.
On July 22, entrusted by the CPC Central Committee, Shi Taifeng, Member of the Political Bureau of the CPC Central Committee and Minister of the United Front Work Department of the CPC Central Committee, briefed non-Party personages on the spirit of the Third Plenary Session of the 20th CPC Central Committee. Shi Taifeng stated that the Third Plenary Session of the 20th CPC Central Committee was a very important meeting held at a critical juncture for comprehensively promoting the building of a strong nation and the great cause of national rejuvenation through Chinese modernization. It sent a strong signal both domestically and internationally of unswervingly further promoting reform and opening up, re-declared what banner to hold and what path to take on the new journey, and served as a general mobilization and deployment for advancing comprehensive deepening of reform to greater breadth and depth in the new era and on the new journey. The "Decision" adopted by the plenary session is a programmatic document guiding further comprehensive deepening of reform on the new journey. All members of the united front should deeply study and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee and demonstrate new responsibilities and achievements in further comprehensively deepening reform and advancing Chinese modernization.
Today (July 22), the State Council Information Office held a series of press conferences on "Promoting High-Quality Development", where the National Data Administration introduced the relevant situation of digital empowerment of economic and social development and promoting the high-quality development of national data undertakings. New leaps have been achieved in digital infrastructure construction. The latest data shows that the total computing power of China's 10 national data center clusters exceeds 1.46 million standard racks. The construction of a national integrated computing power network is accelerating, and by the end of 2025, the proportion of green electricity in newly built data centers at national hub nodes is expected to exceed 80%, continuously providing inclusive, easy-to-use, low-cost, green, and secure computing power services for the entire society. New achievements have been made in digital industrialization and industrial digitalization. The proportion of the added value of China's digital economy core industries in GDP continues to rise. Starting this year, the "Data Element ×" three-year action plan will be launched in more than 10 fields such as industrial manufacturing, further deepening the integration of the real economy and the digital economy. At present, China has initially formed a four-level data work system at the national, provincial, municipal, and county levels, with top-down linkage and horizontal coordination. Focusing on consistently promoting the reform of market-oriented allocation of data elements, this year, a number of institutional and regulatory documents will be successively introduced, including those on data property rights, circulation and transaction, income distribution, security governance, development and utilization of public and enterprise data, high-quality development of the digital economy, and guidance on data infrastructure construction, vigorously promoting international cooperation in the data field, and striving to transform China's massive data advantages into new development advantages.
The Ministry of Veterans Affairs, the Political Work Department of the Central Military Commission, and the Office of the National Dual Support Work Leading Group jointly issued a notice, requiring all localities and troops to earnestly carry out work related to supporting the military and giving preferential treatment to military families, and supporting the government and cherishing the people during the holiday season. Military and local authorities at all levels should deepen dual support publicity and education in conjunction with the celebration of the 75th anniversary of the founding of New China, inspiring the political enthusiasm of the military and the people to dedicate themselves to the cause of building a strong nation and national rejuvenation, and fostering a strong social atmosphere of loving our people and our army. All localities and departments should actively promote the resolution of practical difficulties encountered by the military in combat readiness training, construction, and reform; all troops should prioritize supporting and promoting comprehensive rural revitalization, deepen characteristic assistance actions such as Party building, education, medical care, and consumption, and help build livable, workable, and beautiful rural areas; military and local authorities at all levels should jointly implement policies for supporting the military and giving preferential treatment to military families, earnestly doing a good job in the placement of veterans, employment of military spouses, and preferential treatment for children's education.
Today (July 22) marks four days until the opening of the Paris Olympics. Various sports teams of the Chinese sports delegation are arriving in Paris, France, in batches. Currently, the Chinese table tennis, diving, gymnastics, and archery teams, which have earlier schedules, have successfully checked into the Olympic Village in northern Paris. In addition, the Chinese swimming, boxing, tennis, and badminton teams have also arrived in France and are currently undergoing adaptive training at the Chinese sports delegation's training camp in Deauville. Subsequently, each sports team will check into the Olympic Village in batches according to their schedule, officially beginning their journey at this Olympic Games.
Loan Prime Rate (LPR) cut for the second time this year. An announcement released by the People's Bank of China today (July 22) shows that the 1-year and 5-year-plus Loan Prime Rates (LPR) are 3.35% and 3.85% respectively, both down by 10 basis points. This is the second LPR cut this year, which will lead to a further steady decline in financing costs for the real economy, stimulate credit demand, and promote investment and consumption. China builds the world's largest carbon market covering greenhouse gas emissions. The latest "2024 National Carbon Market Development Report" released by the Ministry of Ecology and Environment shows that since the launch of the national carbon emission trading market in July 2021, 2,257 key emission units have been included, covering approximately 5.1 billion tons of carbon dioxide emissions annually. China has become the world's largest carbon market covering greenhouse gas emissions. Shanghai Port's single-day container throughput hits record high. According to Shanghai International Port Group, yesterday (July 21), Shanghai Port's single-day container throughput reached 172,000 TEUs, setting a new single-day record. Shanghai Port has strengthened cooperation with shipping companies, opened "point-to-point" direct routes between Shanghai and Nanjing, and deepened the construction of the "Dushan-Yangshan" major channel to fully guarantee the freight transportation needs of the Yangtze River Delta. 200-day countdown to the 9th Asian Winter Games in 2025. Today (July 22) marks the 200-day countdown to the 9th Asian Winter Games in 2025. Harbin is hosting over 120 cultural and sports activities to further create a strong atmosphere for the Asian Winter Games. Currently, the renovation and construction of the Asian Winter Games venues are more than halfway complete, and competition organization is proceeding in an orderly manner. 34 countries and regions have already completed project registrations. The 34th Qingdao International Beer Festival held. The 34th Qingdao International Beer Festival was recently held. This year's Beer Festival will last until August 11, with over 2,200 types of beer from home and abroad on display. During the festival, special events such as music performances and art parades were also held to stimulate new vitality in cultural tourism consumption.
International figures have stated that the strategic deployment of further comprehensively deepening reform by the Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC) will powerfully advance Chinese modernization and inject valuable certainty into a world fraught with change and turmoil. International figures said that China's further comprehensive deepening of reform and adherence to opening up allows the world to share China's opportunities, and they look forward to strengthening multi-field cooperation with China to achieve mutual benefit and win-win results.
US incumbent President Joe Biden announced on July 21 his withdrawal from the 2024 presidential race and expressed support for nominating Vice President Kamala Harris as the Democratic presidential candidate. Harris subsequently stated her hope to win the Democratic presidential nomination. The Democratic National Convention, scheduled to begin on August 19, will formally nominate the party's presidential candidate. The Democratic Party has not yet reached a consensus on how to select a new presidential candidate.
Palestinian authorities state Israeli forces bomb eastern Khan Younis, 37 dead. According to information released by the Gaza Strip health authorities today (July 22), an Israeli military bombing of eastern Khan Younis in the Gaza Strip today has killed 37 people. The Israel Defense Forces (IDF) stated on July 21 that recent joint operations between the IDF and the Israel Security Agency killed 20 Hamas armed personnel, including a senior Hamas member. In addition, Lebanese media reported on July 21 that several towns in southern Lebanon were attacked by Israeli forces that day, resulting in the death of three Hezbollah members. Houthi forces claim US and UK airstrikes in multiple areas. Yemeni Houthi forces stated that on the evening of July 21 local time, the Ras Issa area of Hodeidah Province and Hajjah Province in Yemen were subjected to airstrikes by US and UK forces. The US and UK sides have not yet responded. Furthermore, Yemen's port authorities stated on July 22 that Hodeidah port, which was recently attacked by Israeli forces, has resumed operations. The US Central Command stated on July 21 that within the past 24 hours, US forces sank 4 Houthi unmanned surface vessels in the Red Sea. Russia claims control of two settlements, Ukraine claims repelling Russian attacks. The Russian Ministry of Defense stated on July 21 that Russian forces had taken control of one settlement each in the Luhansk and Kharkiv regions. Russian forces destroyed various US-made weapons and equipment of the Ukrainian army. The Ukrainian side stated that fighting in the Pokrovsk direction remains the most intense. Ukrainian forces also repelled multiple Russian attacks in the Kharkiv direction. Russia claims Russian fighter jets prevented US strategic bombers from violating its border. The Russian Ministry of Defense stated on July 21 that two US Air Force B-52 strategic bombers approached the border of the Russian Federation over the Barents Sea that day, and Russian MiG-29 and MiG-31 fighter jets were scrambled to intercept the US bombers. Afterwards, the US bombers turned and departed. Japan's old-established companies' bankruptcies hit record high in first half. According to Japanese media reports, a report released by the Japanese private research firm Teikoku Databank shows that from January to June this year, the number of bankruptcies of Japanese companies over 100 years old increased by 95% year-on-year, reaching a record high. The report stated that in the first half of the year, a total of 74 old-established Japanese companies entered bankruptcy proceedings, the highest number since 2000.
Today (July 22) marks the Major Heat solar term, which is the twelfth of the twenty-four solar terms and the last one of summer. At the end of the program, we will enter the nature of the Major Heat season and experience the flourishing of all things.
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