Xinjiang's economic, social development praised

Villagers learn to make handcrafts at Kurti Village, Sarhulsun Township, Altay prefecture, Xinjiang Uygur autonomous region, Jan 30, 2021. [Photo/Xinhua]

XINJIANG, Feb 4, 2021: The Xinjiang Uygur autonomous region has made unprecedented achievements in economic and social development and has achieved a decisive victory in poverty alleviation, a senior official said on Wednesday. Erkin Tuniyaz, vice-chairman of the Xinjiang Uygur autonomous region, said that under the strong leadership of the Communist Party of China Central Committee, with vigorous support from provinces, regions and cities and the arduous efforts of the 25 million people of all ethnic groups in the region, Xinjiang's economic development and its people's living standards have continued to improve, while ethnic unity is further consolidated with various religions coexisting in harmony and stability.

From 2015 to 2020, Xinjiang's regional gross domestic product grew from 930.69 billion yuan to 1.38 trillion yuan ($144.05 billion to $213.6 billion), an annual increase of 6.1 percent. In 2020, urban residents' per capita disposable income reached 34,838 yuan, increasing by 5.8 percent annually over the past five years, while its rural residents' per capita disposable income was 14,056 yuan, up 8.5 percent annually over the past five years. A decisive victory has been achieved in poverty alleviation. By 2020, a total of 3.06 million people living under the poverty line were lifted out of poverty. A total of 3,666 villages and 35 impoverished counties shook off poverty in the region, Tuniyaz said in the keynote speech at a videoconference with the theme of "Xinjiang is a Wonderful Land".

"The people of all ethnic groups in Xinjiang fully enjoy the right of life and development, and their traditional cultures, languages and folk customs are well protected and inherited," he said. More than 80 people attended the event via video link, including representatives of 50 countries and senior human rights officials and experts of United Nations agencies. It was jointly hosted by the Xinjiang Uygur autonomous region and the Permanent Mission of China to the UN Office at Geneva. Tuniyaz also pledged that the government will spare no effort to develop Xinjiang into a region that is united, harmonious, prosperous and culturally advanced, with healthy ecosystems and people living and working in contentment, and a region featuring socialism with Chinese characteristics in the new era.

Chen Xu, Chinese ambassador to the UN in Geneva, called Xinjiang a wonderful area and a shining pearl of Northwest China, known for its magnificent landscapes and hospitality. Chen said Xinjiang enjoys stability and people there live and work in peace and happiness. Together with the rest of the country, people of all ethnic groups in Xinjiang are proudly embarking on a new journey to build China into a modern socialist country.

China's monetary policy to prioritize stability in 2021

People enjoy the view of Lujiazui at the Bund in east China's Shanghai, Aug. 2, 2019. (Xinhua/Chen Fei)

BEIJING, Jan 8, 2021 (Xinhua): China will prioritize stability in its monetary policy in 2021, said Yi Gang, governor of the People's Bank of China. China will use a comprehensive range of monetary policy tools, maintain liquidity at a reasonably ample level, and ensure that the growth of broad money supply and social financing basically matches nominal economic growth, Yi told Xinhua in an interview.

The country will provide more financial support to small and micro-sized businesses, technological innovation and green development, Yi added. When asked about the exit from the extraordinary measures adopted last year to revive the economy, Yi said China did not adopt zero or negative interest rates, nor did it implement quantitative easing.

As one of the few major economies that implemented normal monetary policies, China stayed away from using a deluge of stimulus policies, he added. Therefore, the exit from extraordinary measures will have a small impact on the country's economy this year, Yi said. Source: Xinhua Editor: huaxia

British Envoy Acknowledges Epidemic Fight in Wuhan Visit, Eyes Healthcare Cooperation with China

WUHAN, Dec 17, 2020: British Ambassador to China Caroline Wilson has just finished her four-day visit to Wuhan, Central China’s Hubei Province, which was hit the hardest by COVID-19 in the country early this year. During the visit, she acknowledged the city’s efforts in containing the coronavirus and expressed a wish to see cutting-edge cooperation between Hubei and the UK. Wilson launched Wuhan vlog, which started with a visit to local hospitals that treated many COVID-19 patients during the epidemic, where she learned about how doctors and nurses spared no efforts in saving critical patients, including a 105-year-old patient. 

During the visit, the ambassador attended a videoconference between Wuhan Union Hospital and Swansea University Medicine School, in which medical workers from both countries discussed their anti-epidemic experiences, according to the short video she posted on China’s Sina Weibo on Wednesday. Wilson also visited landmark buildings in the city including the Moon Bay resort that was co-designed by the British architect Zaha Hadid and a Chinese design studio. She also visited museums and historical sites and spoke with university students, medical staff and British businesspeople in the city. 

“Wuhan had a very difficult time but now people are enjoying life again. I know it’s not an easy task,” Wilson said in Chinese during her visit. She spoke highly of Wuhan people’s aspirations and great ideals in bringing the city back to life after experiencing its challenges. During her stay, Wilson also attended a seminar on promoting bilateral economic and trade ties co-chaired by the British consulate in Wuhan and the city’s commerce bureau, where she outlined the UK’s business environment and advantages to Wuhan companies, and learned about their needs in cooperating with British firms.

The ambassador said Wuhan is an open city and British brands are very popular here. She hailed the achievements on cooperation between Hubei Province and the UK, and hoped to deepen cooperation in fields such as trade, tackling climate change and medical innovation. Hubei Province and Northern Ireland, Wuhan, Manchester City and Swansea City have established relations as sister regions and cities. Presently, more than 100 British-funded companies, including BP, Standard Chartered Bank, and HSBC, have businesses in Wuhan. Wilson’s visit came at a time when the Five Eyes alliance continues to pressure China on a wide range of issues including Hong Kong and 5G technologies and China-UK relations have seen a bumpy period. Wilson is the first ambassador from the five countries to visit Wuhan.