Chinese People's Liberation Army (PLA) Navy issued an article on social media on Monday, alerting officers and soldiers to emerging internet risks, such as online gambling and dating traps.

Soldiers from the post-90s and post-00s generations become the core of the military, and are significantly influenced by the internet. A naval aviation unit affiliated with the Chinese People's Liberation Army (PLA) Northern Theater Command is closely monitoring the new risks and challenges brought by the internet, and has created comics illustrating online "traps" to enhance network risk management and improve soldiers' awareness of online scams, Chinese People's Liberation Army Navy posted an article on its official WeChat account on Monday.

The article noted that some platforms offer game accelerators and resource-sharing software, which come with built-in "VPN" functions. Many "mirror" servers, although they are "domestic" software, relay information and content from overseas sources, making them highly covert and unpredictable. All personnel should remain vigilant and be aware of the risks associated with "VPN" usage, said the article.

The article also cautioned that unfamiliar push notifications are often a "phishing email," "trojan app," or "gambling website," which may contain hidden dangers and carry viruses. It is easy to fall into traps carefully set by criminals, potentially resulting in the theft of personal information, bank card passwords, verification codes, and more.

Due to the sensitive nature of their roles, military personnel should not reveal their identities online. They should always be vigilant against online behaviors that seek to extract sensitive information from soldiers, the article warned.

The article from the PLA Navy also warned that online gambling and illegal online lending can trap individuals, including military personnel, in serious debt.

Young military personnel, motivated by a desire for companionship, might reveal their military identity to gain attention. This exposure can make them vulnerable to illegal exploitation. The article noted that it is important for military personnel to cultivate good online social habits, avoid harmful social apps, and be discerning when engaging in online relationship.

A video made by a creator on the social media platform Douyin which recreates Dujiangyan's topography and protective structures within 193 seconds using a simulation game has gone viral, amassing over 1 million likes, with its clear explanations and detailed visualizations receiving widespread praises.

Dujiangyan, situated in Chengdu, Southwest China's Sichuan Province, has been serving the role of flood control and irrigation for more than 2,000 years, according to the Xinhua News Agency.

Unlike modern dams, Dujiangyan has no moving parts like sluices. It is the world's oldest and only surviving water intake project that diverts water directly from natural courses without a dam structure. Many people, even when visiting the site, don't understand how it works, according to Xinhua.

Many netizens on the social media platform praised the video for its simple and accessible explanation of Dujiangyan's function. Some remarked that they hadn't understood this information in high school, but noted they grasped the concept in just three minutes.

According to the report, the blogger Liu Yong works in e-commerce. However, he usually enjoys simulation games.

Carrying three taikonauts, the Long March-2F Y19 carrier rocket lifted off from Jiuquan Satellite Launch Center in Northwest China early Wednesday morning, embarking on its journey to the China Space Station.

After a flight of around 10 minutes, Shenzhou-19 manned spacecraft separated from the rocket and entered its designated orbit, marking a success of the launch mission.

China Space Station is expected to welcome the new Shenzhou-19 crew led by veteran taikonaut Cai Xuzhe and new taikonauts Song Lingdong and female astronaut Wang Haoze around 6.5 hours after takeoff, according to the CMSA.

Commander Cai is set to return to the China Space Station on the Shenzhou-19 manned mission 22 months after his last flight on Shenzhou-14, setting a record for the shortest interval between missions in the history of Chinese astronauts. Song and Wang were both born in 1990 and members of the country's third batch astronauts. The Shenzhou-19 mission is their debut in space. Wang is also the country's first female spaceflight engineer, according to the China Manned Space Agency on Tuesday.

This mission marks the fourth crewed flight in the application and development phase of the space station and the 33rd flight of China's manned space program. Its primary goals are to complete an in-orbit crew rotation with the Shenzhou-18 crew, reside on the space station for about six months, conduct space science and application experiments, perform extravehicular activities (EVAs), manage cargo entry and exit, install and recover space debris protection devices and other external equipment on the space station, Lin Xiqiang, a CMSA spokesperson revealed in a press conference on Tuesday.

The mission will also involve public outreach, space education, and payload experiments to further enhance space station operational efficiency and maximize its overall utility, Lin said.

Following the launch, Shenzhou-19 will dock autonomously with the forward port of the Tianhe core module about 6.5 hours after the launch to form a three-ship, three-module complex. During their stay in orbit, the Shenzhou-19 crew will receive visits from the Tianzhou-8 cargo spacecraft and the Shenzhou-20 crewed spacecraft, with their return to the Dongfeng landing site scheduled in late April or early May, per the spokesperson.

After the in-orbit crew rotation with the Shenzhou-19 crew, the Shenzhou 18 crew is set to return to the Dongfeng landing site on November 4, he said.

The Global Times learned from the spacecraft developer China Academy of Spacecraft Technology under the country's leading space contractor CASC, on Wednesday that for this Shenzhou-19 mission, the development team optimized the orbital module's design and layout to enhance payload transportation capacity, increasing storage space by 20 percent.

This improvement enables astronauts and related systems to carry more time-sensitive and ad-hoc supplies. Not only does this advancement support the ongoing improvement of the Shenzhou-19 crewed spacecraft and future new-generation spacecraft, gradually enhancing payload transport capabilities, but it also provides more efficient and stable in-orbit support for the long-term operation of China Space Station, the academy said in a statement it provided to the Global Times.

Further optimizing the launch mission on the rocket part, the Long March-2F Y19 rocket had implemented a 30-day testing and launch preparation process for the first time, its developer China Academy of Launch Vehicle Technology revealed to the Global Times.

Jiuquan Satellite Launch Center in Northwest China's Gansu Province organized over the weekend the whole-process exercise for the upcoming Shenzhou-19 manned spaceflight mission to China Space Station, testing and verifying the reliability and safety for the launch mission, according to the launch center on Sunday. 

The China Manned Space Agency (CMSA) announced on October 22 that the combination of Shenzhou-19 manned spacecraft and the Long March-2F Y19 rocket has been transferred to the launch pad. It is reported that the mission would be launched at an appropriate time in the near future, the CMSA said.

The joint rehearsal was conducted according to formal launch procedures. Under the centralized coordination of the Jiuquan Satellite Launch Center system, subsystems such as the launch tower, rocket, and spacecraft completed functional checks, simulating the entire process from flight preparation and ignition to rocket-spacecraft separation, according to a press release provided by the Jiuquan Satellite Launch Center on Sunday. 

The Shenzhou-19 crew also simulated flight tasks following procedural protocols. After entering the return module, they initiated comprehensive tests and checks between the personnel, spacecraft, rocket, and ground systems, completing all critical operations for the pre-launch and launch phases during the simulated rocket liftoff, said the Jiuquan center.

A thorough inspection and evaluation were conducted to ensure the proper functioning of launch site facilities and equipment. In line with mission review planning, relevant personnel carried out a comprehensive review, covering facility and equipment checks, document and software checks, technical status reviews of participating equipment, and verification of test and launch procedures, ensuring a complete understanding of the status of each system involved in the mission, the center revealed.

People's Daily on Sunday morning posted a 100-second video paying tribute to the Shenzhou-18 crew on social media platform Sina Weibo, reviewing highlights of the mission, as the crew's space journey approaches its conclusion.

The Shenzhou-18 manned spacecraft blasted off from the Jiuquan Satellite Launch Center, atop the Long March-2F Y18 carrier rocket on April 25, carrying taikonauts Ye Guangfu, Li Cong and Li Guangsu, who were all born in the 1980s, as well as nearly 100 experimental projects to the Tiangong space station.

During their six-month stay in the China Space Station, the crew led by the mission commander Ye Guangfu, have completed two successful extravehicular missions  or spacewalks. During the May 28 spacewalk, Ye Guangfu, Li Cong and Li Guangsu worked for about eight-and-a-half hours in completing multiple tasks, including the installation of space debris protection devices, and were assisted by the space station's robotic arm and a team on Earth. The task has set a new record for the longest single spacewalk by Chinese astronauts. 

The Shenzhou-18 crew also established China's first-ever in-orbit aquatic ecosystem using zebrafish and algae to study how the space environment affects their growth and system balance, according to the Chinese Academy of Sciences.

The crew also sent their heavenly blessings for the motherland on October 1 to mark the 75th anniversary of the founding of the People's Republic of China. 

Anticipating the Shenzhou-19 mission, Kang Guohua, a professor of Aerospace Engineering at Nanjing University of Aeronautics and Astronautics, highlighted the crew's exposure experiment on the bricks made from simulated lunar soil - a potential material for constructing habitats on the Moon.

The bricks are expected to be sent to the China Space Station for experiment via next Tianzhou-8 cargo spacecraft and anticipated to return to Earth by the end of 2025, according to China Central Television (CCTV).

This exposure experiment in space will pave the way for China's future construction of habitats on the moon, marking a significant step in China's manned space program toward space habitation and exploration of the wider universe, Kang told the Global Times on Sunday.

New centers of power, policy decision-making and economic growth are emerging in the world, BRICS countries said Wednesday in the Kazan Declaration issued at the 16th BRICS Summit.

This trend paves the way for a more equitable, just, democratic and balanced multipolar world order, and provides more opportunities for emerging markets and developing countries to benefit from universally beneficial and inclusive economic globalization, the BRICS countries said.

The 23rd Meeting of the Council of Heads of Government of Member States of the Shanghai Cooperation Organisation (SCO) was held on October 15 and 16 in Islamabad, Pakistan. 

During the meeting, Chinese Premier Li Qiang on Wednesday called for deepening and expanding cooperation within the SCO. The SCO is an important platform for safeguarding regional peace and stability and promoting the development and prosperity of all countries, Li noted, adding that at the Astana Summit in July, President Xi Jinping and leaders of SCO member states reached an important consensus on jointly building a common home featuring solidarity and mutual trust, peace and tranquility, prosperity and development, good-neighborliness and friendship, as well as fairness and justice, Xinhua News Agency reported. 

Li said that China stands ready to work with all parties to translate the consensus reached by the heads of state into effective actions and turn the vision into reality.

Li put forward four proposals for deepening the SCO cooperation.

First, to strengthen strategic alignment based on missions and tasks. Second, to expand practical cooperation in line with development needs. Third, to focus on major risks and actively respond to them. Fourth, to expand people-to-people exchanges in response to public expectations.

The participants of the meeting said that SCO member states, adhering to the "Shanghai Spirit," have continuously consolidated mutual respect and trust, strengthened good-neighborly friendship and cooperation, and constantly improved the level of regional economic integration, which has strongly promoted regional peace, stability, and development, Xinhua reported. 

In the face of a complex and volatile international environment, all parties need to actively implement the outcomes of the Astana Summit, work closely in solidarity and coordination, and strengthen the synergy between the Belt and Road Initiative (BRI) and the Eurasian Economic Union, they noted.

Chinese analysts said the SCO will keep playing a role of stabilizer to strengthen cooperation and security among countries across Eurasia while the world is experiencing profound changes and turbulence.  

Call for cooperation 

China has now assumed the rotating presidency of the SCO for 2024-2025. Experts said China will take this opportunity to better promote the development of the organization, boosting counterterrorism cooperation mechanism, expanding traditional cooperation to new areas including the digital economy, green energy and artificial intelligence.

During his trip to Islamabad, Li also met with leaders from other SCO members including Pakistani Prime Minister Shehbaz Sharif, Russian Prime Minister Mikhail Mishustin, Tajik Prime Minister Kokhir Rasulzoda and Kyrgyz Prime Minister Akylbek Zhaparov, Xinhua reported. 

In the bilateral meetings, deepening trade and economic cooperation, particularly under BRI, is frequently mentioned. 

Chinese analysts said this shows that the China-proposed BRI has already become a significant part of regional integration and development, as well as a bridge to connect the developments of different countries, and in the future, more and more countries will benefit from it, even though a few certain countries or forces are still trying to stigmatize the initiative. 

Li Haidong, a professor from the China Foreign Affairs University, said on Wednesday that during its term in the rotating presidency, China will make efforts to build consensus among SCO members on development and security, to better facilitate the mechanism of cooperation and communication to cope with common challenges and protect the BRI cooperation that benefits everyone. 

China has advantages in fields like e-commerce, green energy and infrastructure construction, and the country is willing to share these with its partners to boost joint development for the whole region. This will ensure SCO cooperation can better serve the demand from many developing countries who desperately need not only investment but also technologies, observers said. 

Some Western countries are attempting to undermine cooperation among SCO members by stigmatizing the organization. For example, Bloomberg published an article in July titled "China and Russia are quietly building a NATO rival." 

"The SCO and NATO are different in nature. NATO is a military alliance, a legacy of the Cold War, and at the beginning, the SCO is an organization for security and development of the region, now the SCO has higher goals on development, interconnectivity and security for more countries," said Cui Heng, a scholar from the Shanghai-based China National Institute for SCO International Exchange and Judicial Cooperation.

Premier Li signed and issued a joint communique with the participating leaders of SCO member states and approved relevant resolutions related to the development of the SCO.

The Heads of Delegations reaffirmed that the Member States intend to further develop cooperation in the spheres of politics and security, trade, economy, finance and investment, and cultural and humanitarian ties in order to build a peaceful, safe, prosperous and ecologically clean planet Earth to achieve harmonious coexistence of man and nature, according to Pakistani Ministry of Foreign Affairs.

The remains of Wu Bangguo, former chairman of the National People's Congress (NPC) Standing Committee, China's top legislature, were cremated in Beijing on Monday.

Chinese leaders including Xi Jinping, Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng paid their final respects to Wu at Babaoshan Revolutionary Cemetery. Hu Jintao sent a wreath to express his condolences over Wu's passing.

Wu died of illness in Beijing on Oct. 8 at the age of 84.

Wu was extolled in an official statement as an excellent Party member, a time-tested and loyal communist soldier, and an outstanding proletarian revolutionary, statesman and leader of the Party and the state.

He had served as a member of the Political Bureau and a member of the Secretariat of the 14th Communist Party of China (CPC) Central Committee, a member of the Political Bureau of the 15th CPC Central Committee, a member of the Standing Committee of the Political Bureau of the 16th and 17th central committees of the CPC, vice premier of the State Council, and chairman of the Standing Committee of the 10th and 11th NPCs.

Xi Jinping, Li Qiang, Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi, Han Zheng, Hu Jintao, among others, had either visited Wu when he was in hospital or expressed deep condolences over his passing and offered sincere sympathies to his family through various means.

Historically, Western powers have employed violent means to engage in colonial plunder and domination on a global scale, relegating colonized nations and regions to the bottom of the industrial chain, and turning them into economic dependencies of their Western overlords.

These nefarious tactics unfortunately continue to serve as tools for some Western countries like the US to suck the lifeblood of others today.

After gaining political independence, many Global South countries, struggling to break away from their deep-rooted economic dependence on the West, have continued to suffer from economic suppression by their former colonizers and plunderers. Such suppression has become an "invisible shackle" that the West has placed on emerging markets.

How does this "invisible shackle" work? In this story, the Global Times explores how the West leverages its advantages in rule-setting, market access, and the use of disinformation campaign to suppress emerging market economics, thereby maintaining its dominant position in the global economic system.

Manipulate rules

The West has long held a dominant position in the formulation of international economic and trade rules, which are used to determine the fate of many developing countries to some extent.

Nowadays, as the existing rules have gradually revealed their inadequacies in safeguarding Western interests while globalization deepens and emerging economies continue to rise, the West is attempting to rewrite the rules of the game in multiple fields, to further limit the development space and opportunities for developing countries.

In the intellectual property (IP) field, some Western countries have leveraged their technological and economic advantages to promote a series of stringent protection standards to maintain their technological monopoly through legal means. The US, for instance, passed the "Protecting American Intellectual Property Act of 2022" to expand the scope of its IP protection and to enhance unilateral sanctions as a tool, trying to hinder the introduction of technology and industrial upgrading in some developing countries.

The Act says it sanctions "foreign persons" who "have engaged in significant theft of trade" of US persons, and "for other purposes." Although the Act does not specifically target any country, the press statement from Senator Chris Van Hollen, the sponsor of the Act, clearly indicated that China was a primary intended target of the legislation, according to media reports.

It is fair enough for the US to protect the legitimate interests of its intellectual property owners. However, by monopolizing the power to define what constitutes "legitimate interests," it forces other countries to comply with US laws and implements long-arm jurisdiction, thus serves as a way to uphold its global economic hegemony, said experts in economics and international relations reached by the Global Times.

The US' intellectual property policies adhere to pragmatism, protectionism, and hegemonism. This contradicts the original intent of the international intellectual property protection system, they noted.

The US not only compels its trade partners to adopt "American standards," but also seeks to promote these standards for intellectual property protection in international frameworks. During the Uruguay Round, the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), the US worked with developed countries to incorporate intellectual property issues into the GATT, resulting in the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).

TRIPS employs a "one-size-fits-all" approach to intellectual property standards for countries at various development levels, reflecting the internationalization of the US Special 301 provision, an annual review process led by the Office of the US Trade Representative (USTR). It requires an annual review of intellectual property protection and market access practices in foreign countries.

In the industrial policy field, some Western countries have also instituted exclusive and discriminatory measures to ensure their dominant position in the global industrial chain. Legislation in the US such as the Inflation Reduction Act, and the CHIPS and Science Act, are regarded as reflections of the country's strong protectionist tendency toward high-tech industries.

Regarding global governance, the West has been manipulating relevant international organizations and specialized agencies to maintain international economic order that favors its own interests.

In 2020, Indonesia, a major nickel producer, implemented a ban on nickel ore exports to promote the development of its domestic nickel industry. In response, the European Union (EU) filed a complaint against Indonesia at the World Trade Organization (WTO) and won in a panel ruling that year. The Indonesian government later criticized the EU for using WTO rules to hinder its development and subsequently filed an appeal. However, Indonesia's appeal remains in limbo to present day, due to the paralysis of the WTO's appellate body.

"Filing an appeal is part of the existing procedures at the WTO," Dandy Iswara, a senior Indonesian diplomat assigned to the WTO, said during a virtual media briefing in October 2023. "Although with the US blocking the appellate body, our appeal remains to be reviewed or processed to this day," the Jakarta Globe quoted Iswara as saying in an article that month.
Raise thresholds

Compared to the violent plunder and direct control of the colonial era, now the West has shifted to more covert methods. One of the methods is to set environmental protection standards for market access, which inevitably raises barriers for developing countries in their economic transformation and industrial upgrading.

In recent years, some Western countries have once again raised the environmental protection thresholds under their urgent need to allegedly address climate change. While transferring high-emission industries to developing countries, they impose "punitive" measures on the production side rather than the consumption side, citing high emissions as the reason.

Developed countries leveraged their dominant position on the international stage to transform the carbon emission problem into a political and economic tool to maintain their global advantage. From the perspective of historical responsibility, developed countries have accumulated a significant amount of carbon emissions during their industrialization process.

However, the carbon emission policies dominated by developed countries advocate for uniform emission standards and timelines, while ignoring the differences in the development stages of various countries. This approach effectively restricts the industrialization process and economic growth potential of developing countries, experts noted.

In 2023, the EU launched the Carbon Border Adjustment Mechanism (CBAM) to impose high tariffs on imported carbon-intensive products. The UK and the US are reportedly planning to introduce similar policies as well.

Nonetheless, policies like the CBAM seem to have not significantly promoted global emissions reduction, but have had a noticeable negative impact on global trade, and have affected the low-carbon transition process in Global South countries.

"At the macro level, the CBAM may have negative economic impacts on certain developing countries, thereby exacerbating the income gap between developed and developing nations," said a summary of views of a closed-door seminar on the CBAM, which was held by the Macro and Green Finance Lab at Peking University in April 2023.

Also, a 2023 study released by the London School of Economics and Political Science revealed that Africa will bear the brunt of the CBAM, as it could lose up to $25 billion per annum as a direct result of the mechanism.

The CBAM could cause a fall in exports of aluminum from Africa to the EU by up to 13.9 percent, and iron and steel by 8.2 percent, according a report of the study. It noted that the CBAM process introduces administrative hurdles to market access by African countries, which historically struggled to access the European market.

Earlier this year, the European Commission approved the Corporate Sustainability Due Diligence Directive (CSDDD), which required companies to investigate so-called human rights and environmental risks in their supply chains and take corresponding measures.

Including the CSDDD and the CBAM, such EU measures "are combining to create new pressures," pointed out Jodie Keane, a senior research fellow at the London-based Overseas Development Institute. "This is part of the 'green squeeze' currently affecting African producers. Just to maintain the status quo, even a 1 percent increase in compliance costs for the least developed countries translates into hundreds of millions of euros," she noted in an article published by the Financial Times in March.

Developed countries impose environmental standards as trade barriers through measures such as "carbon tariffs," further suppressing the export industries of developing countries. Such a practice of "carbon colonialism," in essence, aims to use environmental issues to maintain their economic hegemony. This approach has serious negative impacts on developing countries, which are forced to make difficult trade-offs between economic development and environmental protection, while also facing pressure from the international community, experts noted.
Lies won't work

The West also leverages its dominance in global discourse to stigmatize developing countries that have managed to achieve industrial upgrading despite the constraints of Western standards and rules in order to further contain and suppress the latter.

In recent years, the US and other Western countries started to accuse China of "overcapacity." They claimed that China's green energy industries are disrupting and threatening international markets while imposing heavy tariffs on related Chinese products, turning a blind eye to the fact that there is actually a clear global shortage of high-quality green energy capacity to address climate change.

Some Western countries not only fabricated false concepts to suppress developing countries, but also stirred up discord among them. In order to maintain control over international development cooperation, some Western countries have concocted various false narratives and heavily promoted them, repeatedly touting misleading notions such as "debt traps," thereby tarnishing the cooperation among countries in the Global South.

They also claimed that China is transferring "backward production capacity" to regions like Africa, causing pollution. However, the reality is that China's capacity cooperation with other developing countries is tailored to their specific needs, fully respecting their opinions and taking environmental factors into account. China is also actively engaging in new energy cooperation with developing countries, and its new energy industry has made significant contributions to the green economic transformation of many developing countries and is widely welcomed by them.

Despite the various strategies employed by the US and other Western nations to block the industrial upgrading of Global South countries, more and more are leveraging their resources, population, and market advantages to promote personnel training and technological research and development, and strive to raise the level of development of domestic industries.

In November 2023, Burkina Faso began constructing its first gold refinery, set to be operational by autumn 2024. At the same time, Mali signed an agreement with Russia to build its second refinery, with a capacity of 200 tons per year.

The so-called lithium triangle of Argentina, Bolivia, and Chile in South America is also rapidly advancing its lithium industry by developing innovative extraction techniques and building lithium carbonate plants to enhance the added value of its lithium products. In July, an environmentally friendly lithium production plant was inaugurated in Argentina.

At the same time, Global South countries are strengthening cooperation to bolster their technological capabilities and industrial development via multilateral mechanisms such as the United Nations, the G20, the BRICS group, and the Shanghai Cooperation Organization (SCO).

These mechanisms and platforms are vital for developing countries to enhance cooperation, promote the transformation of their development in the face of the US and some Western countries' suppression, according to Bai Ming, a research fellow at the Chinese Academy of International Trade and Economic Cooperation.

Against the backdrop of today's context of rising de-globalization trends, cooperative mechanisms like the BRI and the SCO are striving to break developing countries free from the previously Western-dominated form of globalization, Bai told the Global Times.

Many developing countries initially entered globalization as followers of developed nations to share "dirty, difficult, and exhausting" work for the latter. But opportunities were limited for these developing countries. In the future, every country should be a participant rather than a mere follower of developed countries on the globalization bandwagon, Bai said.

Developing countries can establish their own mechanisms to create more benefits for themselves, thereby enhancing their status in the international community and increasing their influence. This could also bring development opportunities to the developed countries, he noted.

Chinese President Xi Jinping met with foreign guests attending the China International Friendship Conference and conference marking the 70th founding anniversary of the Chinese People's Association for Friendship with Foreign Countries here on Friday.

Xi had a group photo taken with the foreign guests and spoke highly of the long-term dedication of international friends to cementing friendship with China.

He pointed out that people-to-people friendship is the foundation for stable and long-term international relations and an unremitting driving force for promoting world peace and development. Over the past 75 years since the founding of the People's Republic of China, the Communist Party of China has united and led the Chinese people in blazing a path of modernization that has not only developed the country itself but also benefited the world, he said.

Xi said that looking back on the journey, China's achievements in various fields would not have been realized without the support of people from other countries. Numerous international friends have shared weal and woe with the Chinese people. Numerous foreign enterprises, institutions and individuals have actively participated in advancing China's socialist modernization, thus achieving mutual benefits and making important contributions to promoting friendly exchanges and cooperation between China and other countries, he added.

"We will always remember your important contributions to China and the sincere friendship that has been developed with the Chinese people," said Xi.

Stressing that the world is once again at a crossroads in history, Xi said that in the face of changes unseen in a century, building a community with a shared future for humanity is the right way forward for people of all countries.

China is willing to strengthen friendly exchanges with friends from all other countries, give play to the unique role of people-to-people diplomacy, and strive to build a community with a shared future for humanity, said Xi.

China's real estate market showed positive changes during the week-long National Day holidays, as homebuyer confidence was revived by a new package of stimulus measures announced by the monetary authorities and individual Chinese cities recently to boost the healthy development of the important sector.

"Following the recent new policy pivots, inquiries for prior-dwelled homes in Beijing increased notably, as more people are now eligible to buy homes in the capital city," a Beijing-based property broker named Xia Zhiwei told the Global Times on Sunday.

Between October 1 and noon of October 3, the number of on-site inquiries for new homes in Beijing rose 92.5 percent on a yearly basis, and new home subscriptions nearly doubled. And, inquiries for used homes in Beijing jumped by 104.1 percent, according to a report seen on the Ministry of Housing and Urban-Rural Development (MOHURD) website.

During the Golden Week holidays, over 1,000 property developers across the country launched more than 2,000 promotion activities including offering discounts and vouchers to boost sales of new homes. The majority of the real estate projects involved in the promotions saw client enquiries surge by 50 percent year-on-year, data from the MOHURD showed.

Pu Zhan, deputy director of the policy research center under the MOHURD, said that various promotions have led to positive changes in the real estate market, with increases in both inquiries and transactions.

Recently, more than 50 Chinese cities, including first-tier cities Beijing, Shanghai, Guangzhou and Shenzhen, adjusted their real estate policies, with a range of measures unveiled to boost local property sales.

Among the cities, Guangzhou announced that there will be no restrictions on the number of homes purchased by families or individuals with or without local household registration in the city, according to a circular issued by the municipal government. As a result, the number of on-site inquiries for new property projects in Guangzhou rose nearly 200 percent lately.

Policy adjustments

"For some time now, the authorities has released policies targeting sectors including the real estate and the stock market with an intensity rarely seen before," Song Ding, a research fellow at the China Development Institute, told the Global Times on Sunday.

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on September 26, and emphasized that ramped-up efforts will be made to stabilize the property market and reverse its downturn.

The meeting pointed out that the authorities will adjust housing purchase restrictions, reduce interest rates on existing mortgages, promptly improve land, fiscal, tax and financial policies, and promote a new model for real estate development.

The new round of property policies mainly focuses on improving the demand side, particularly addressing the evolving housing needs of many residents, according to Song.

On September 24, the People's Bank of China, the country's central bank, unveiled a new package of monetary measures, led by reductions in existing mortgage rates, in a bid to boost the country's real estate market and fire up consumer spending.

"Adjusting existing mortgage interest rates will have a positive guiding effect. The reduction in monthly payments should have a positive impact in boosting homebuyers' confidence," Yan Yuejin, research director at Shanghai-based E-house China R&D Institute, told the Global Times.

Yan stressed the need to better pivot macro policy adjustments to help stimulate the housing market. "The development of the real estate sector in various regions in the country has their own characteristics, and it is crucial for local governments to hold autonomy in adjusting local property policies in line with their own conditions," Yan noted.

He said MOHURD's support for cities, especially the first-tier cities, to independently adjust real estate policies is a "forceful step" to elevate the market confidence and reignite homebuyers' enthusiasm.

Stable growth expected

Analysts remain largely positive for the future development of China's real estate market. "As the new policies begin to produce effects, the market is expected to march toward relatively stable growth, starting from the fourth quarter this year," Song said.

"Thanks to measures like lowering the down payments of a property, the market activity and potential market demand have greatly increased, and gradually an equilibrium between home sellers and home buyers will be formed," he said.

China's central bank decided to cut mortgage rates and lower minimum down payments for the prior-dwelled homes, as well as to reduce mortgage rates on existing home loans - all effective measures aimed to promote urban property sales and revive the real estate sector.

There is still great space for China's property sector to expand, bolstered by the country's ongoing urbanization and Chinese public's growing demand for good housing, Ni Hong, minister of the MOHURD, said at a press conference in August.

Nevertheless, as "market supply and demand shift, China's real estate market remains in the process of adjustment," Ni said. But positive signals have surfaced as various policy measures have started to take effect.

The ministry will continue to encourage local governments to run promotions and further implement the "white list" mechanism to ensure healthy competition in the real estate sector, which will enhance the long-term impact of the new policies, another official with the MOHURD said.