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PLA Eastern Theater Command continues joint military drills around Taiwan Island

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PLA Eastern Theater Command continues joint military drills around Taiwan Island

2024-05-24 22:40 Last Updated At:05-25 12:37

The Eastern Theater Command of the Chinese People's Liberation Army (PLA) continued its joint military drills surrounding the island of Taiwan on Friday.

The drills, code-named Joint Sword-2024A, started on Thursday.

The drills are being conducted in the Taiwan Strait, the north, south and east of the Taiwan Island, as well as in areas around the islands of Kinmen, Matsu, Wuqiu, and Dongyin.

During the drills, an army unit of the Eastern Theater Command quickly mobilized personnel and equipment for an emergency deployment. In rain, the officers and soldiers rapidly deployed their combat vehicles, loaded ammunition, and headed for the battlefield. They arrived at the pre-designated locations on schedule.

"As a new combat force of the army, our rocket artillery is capable of making long-range, precise, and devastating strikes against combat targets in any area and at any time. As long as the Party Central Committee, the Central Military Commission and President Xi give an order, we are ready for battles at any time and will resolutely clear all 'Taiwan independence' separatist forces," said Jiang Xiaodong, an officer of a brigade of the army of the Eastern Theater Command.

In the waters surrounding the Taiwan Island, the Chinese naval formation approached the "enemies" in a fast and covert way, and conducted mock strikes against maritime targets under the command of the joint operation command center of the theater.

"In today's exercises, based on the complex background of actual combat and with the support of the theater command's joint operation system, we organized a joint ship-aircraft anti-submarine operation, and occupation and control of key areas in the southwestern waters off the Taiwan Island. We established long-distance network and link with naval and air forces in the east of the Taiwan Island, where we shared target information and enhanced tactical coordination to jointly strike critical targets, and occupy and control crucial areas. We quickly handled all emergencies throughout the entire process. All these have effectively tested and improved the troop's ability to fulfill tasks," said He Cheng, an officer of a frigate detachment of the navy of the Eastern Theater Command.

Meanwhile, the air force of the Eastern Theater Command continued its patrols around the Taiwan Island and the surrounding islands. Multiple groups of fighters loaded with live ammunition quickly arrived at the target area. Bombers, under the cover of the fighters formation, headed to the island chain and conducted mock strikes on key targets from multiple positions in waters off the east coast of the Taiwan Island.

The refueling aircraft replenished multiple batches of fighters to support the actions of naval and air forces.

"Under the support of the joint system, we quickly completed the tactical air formation and interaction inside and outside of the island chain, built a coordinated chain of the fire and information system, seized advantage first and accurately hit the targets, which further honed our real-combat capabilities such as coordination, situational awareness and emergency decision-making," said Zhao Jie, an officer of an aviation brigade of the air force of the Eastern Theater Command.

Amidst the rain, a rocket force brigade secured their positions, getting ready for firing.

Li Dawei, an officer of a brigade of the rocket army of the Eastern Theater Command, said the officers and soldiers geared up with high morale and carried out multiple waves of mock strike drills.

He said they are ready to act upon orders, resolutely accomplish various tasks, and thwart any form of "Taiwan independence" attempts.

PLA Eastern Theater Command continues joint military drills around Taiwan Island

PLA Eastern Theater Command continues joint military drills around Taiwan Island

PLA Eastern Theater Command continues joint military drills around Taiwan Island

PLA Eastern Theater Command continues joint military drills around Taiwan Island

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China's economy going through transition to more sustainable model: SCB executive

2024-09-07 22:08 Last Updated At:22:37

China’s economy is going through a transition to a new, more sustainable model and is helping stabilize the world economy by means of securing a supply chain and helping less-developed countries, said a high-ranking executive at Standard Chartered Bank (SCB) on Friday.

Noting a tenancy among global investors to over-scrutinize economic data coming out of China, Benjamin Hung Pi-cheng, Standard Chartered's CEO for Asia, told China Global Television Network (CGTN) in an interview on the sidelines of this year's Bund Summit in Shanghai that a longer-term view of the country's trajectory is more pertinent.

"I think there's little point on micro analyzing every nano-KPI that comes out. We have to look at where China is moving and what it's transitioning into. I think near-term, acknowledging there will be some softness. I think this is fundamentally due to slower consumer demand, and that itself is driven by the softer sentiment arising from the whole CRE (commercial real estate) correction. That I think they're going through a process that will take time. Fundamentally, I still think consumption is a huge engine for powering Chinese growth in the next chapter alongside supply chain reforms, shifting to new economy. I don't think we should over-worry about it. We're going through a transition, hopefully, to a more sustainable forward future," Hung said.

The bank executive also stressed that China's large-scale supply chain is playing an important role in stabilizing world economy, noting it would be impossible to replace in a short period of time.

"Fundamentally, the whole world having gone through perhaps two or three years ago, huge amounts of supply chain disruption -- most of the players would want to see resilience, resilience in how goods are delivered from one part of the world to another to make sure there as little disruption as possible. If you are an importer from Europe or from the U.S., it will take time for them to diversify and change. Because that current chain that China provides, it's very, very high quality, very cost efficient, and producing with massive scale," he said.

Speaking of the just-concluded 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, Hung said the fruitful outcomes of the summit show that China is actively supporting the development of African countries, which took a harder hit in the COVID-19 pandemic in previous years.

"Unfortunately, I think COVID-19 has been very regressive where the rich countries became richer, the poor countries became poorer. So I think we need to have also a phase to help support those who were a little bit challenged by COVID-19 to help bring them up. And what was discussed and announced yesterday, which is very good of China, offering the tariff-free to all the Least Developed Countries, many of which are in Africa. That's fundamentally very, very good. That will help support the development of the African nations," he said.

In his keynote speech at the FOCAC summit, Chinese President Xi Jinping said that China will give all Least Developed Countries (LDCs) having diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100 percent tariff lines.

China's economy going through transition to more sustainable model: SCB executive

China's economy going through transition to more sustainable model: SCB executive

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