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Sound ties deliver benefits to China, Tonga: ambassador

China

China

China

Sound ties deliver benefits to China, Tonga: ambassador

2024-09-09 18:47 Last Updated At:19:07

China is helping Tonga enhance capability of dealing with its most pressing issue of climate change, while Tonga is an indispensable partner in China's efforts to promote the building of a community with a shared future for mankind, Chinese Ambassador to Tonga Liu Weimin said.

In an interview with China Global Television Network (CGTN) in Nuku'alofa, which was aired on Monday, the ambassador said the bilateral relations between China and Tonga are in very good shape and the momentum is strong.

"This relationship has been going from strength to strength with the deepening of mutual political trust and fruitful outcomes of practical cooperation in various fields," said Liu.

He said both China and Tonga have gained benefits from their sound ties, citing examples including the China-aided Tonga High School Indoor Stadium, where Tonga hosted the 53rd Pacific Islands Forum (PIF) Leaders' Meeting from Aug. 26 to 30.

"There are a lot of testaments or demonstrations of these benefits. The Indoor Stadium of the Tonga [High] School, which is the venue of the PIF leaders' meeting this time, is a very good example. Chinese workers at this project worked day and night to complete the stadium, to make it just ready for the hosting of the 53rd PIF leaders' meeting," said Liu.

"Perhaps the most pressing issue for Tonga is climate change. I think China is trying on its part to help. We are now constructing a wind farm project which may alleviate the power shortage of Tonga and which can also help Tonga to increase, or to strengthen the renewable energy sector so that it can be more capable of dealing with climate change," the ambassador continued.

"China appreciates Tonga's adherence to the one-China principle ever since the establishment of China-Tonga diplomatic ties 26 years ago, and I think that principle is deeply rooted in this country. And, we also believe that Tonga is an indispensable partner in China's effort to build a community with a shared future for mankind," said Liu.

Sound ties deliver benefits to China, Tonga: ambassador

Sound ties deliver benefits to China, Tonga: ambassador

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Beijing consumer gold market remains hot despite rising prices

2024-09-17 04:15 Last Updated At:07:27

Beijing's consumer gold market has been running hot during the Mid-Autumn Festival holiday, despite recent rises in the gold price on international markets.

Last week, the main contract for gold futures on the New York Mercantile Exchange (COMEX) has risen to over 2,600 U.S. dollars per ounce.

At a gold shop in Beijing's Xicheng District, the price of pure gold jewelry went up to about 737 yuan (about 104 U.S. dollars) per gram, but many shoppers are still looking to buy gold jewelry especially during the Mid-Autumn Festival holiday and the end-of-summer wedding season.

"It is now more than 700 yuan (about 98.7 U.S. dollars) per gram, but when we were here about two months ago, it was only just above 600 yuan (about 84.6 U.S. dollars) per gram," said a customer.

"I'm getting married, so I came to have a look. Even if the price goes up, we still have to buy it," said another customer.

"I had nothing to do during the holidays, so I came here to take a look [at the gold jewelry]. I just bought a lucky charm bead and now I want to take a look at the bracelet," said another customer.

At the shop's gold investment counter, many consumers have been making inquiries about gold bars, which has long been considered a safe investment, although experts recommend caution in the rising gold market.

At the shop's gold investment counter, many consumers have been inquiring about gold bars, which have long been considered a safe investment. However, experts recommend caution in the rising gold market.

"Many investors will buy gold bars for medium- to long-term investment based on their expected price as part of their overall family asset allocation. We suggest that investors be more rational in their decisions," said Li Yang, a senior gold investment analyst.

Beijing consumer gold market remains hot despite rising prices

Beijing consumer gold market remains hot despite rising prices

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