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China's Macao gifts Chinese documentary series to Portuguese-speaking countries

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China's Macao gifts Chinese documentary series to Portuguese-speaking countries

2024-11-09 20:20 Last Updated At:20:37

China's Macao presented the Chinese documentary series "Remarkable Construction Season Two" to public broadcasters from Portuguese-speaking countries on Friday.

The gifting ceremony was hosted the same day by the Office of the Commissioner of the Chinese Foreign Ministry in Macao, and the Macao Special Administrative Government, which was attended by diplomats and media representatives from Angola, Portugal, and Mozambique.

The five-episode documentary produced by China Media Group showcases Chinese construction projects that emphasize sustainability, innovation, and technology.

This is the third year that Macao has gifted Chinese documentaries to these countries, reinforcing the region's role as a cultural and diplomatic bridge.

"Cooperation between China and Cape Verde, as well as with other Portuguese-speaking countries, benefits all parties, especially in the field of media. It contributes to the mutual understanding of peoples and cultures, and benefits Cape Verde particularly," said Karine Miranda, president of RTC -- Cape Verde's first radio and television station.

"Macao has played an essential role as a platform. From this perspective, the cooperation between Macao and the Portuguese-speaking countries is very comprehensive. The documentary presented at today's event is a vehicle that directly addresses the people and helps them learn more about Macao, and understand China," said associate professor Francisco Jose Leandro with University of Macao.

China's Macao gifts Chinese documentary series to Portuguese-speaking countries

China's Macao gifts Chinese documentary series to Portuguese-speaking countries

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Local governments promote trade-ins, equipment upgrade with policies, subsidies

2024-12-28 06:24 Last Updated At:07:17

Governments at all levels across China are promoting consumer goods trade-ins and industrial equipment upgrade with preferential policies and subsidies, bringing about significant growth in home appliance sales and equipment production. So far this year, the trade-in policies have brought a total sale of one trillion yuan (about 137 billion U.S. dollars) nationwide, and boosted production of trade-in-related goods like new energy vehicles (NEVs) and home-use freezers.

In Shanghai, in addition to the eight categories of nationwide subsidized products, like refrigerators, television sets, and computers, the local government introduced extra subsidies for additional home appliances, as well as interior materials, furniture, elderly-friendly products, and more to meet local needs.

According to statistics, Shanghai's trade-ins of home appliances have exceeded 6.4 million times, boosting trade of the eight categories by 30 to 40 percent compared to last year's statistics, and the total sales of home appliances on all platforms exceeded 10 billion yuan (about 1.37 billion U.S. dollars).

In central China's Hubei Province, the local government is providing subsidies unlimited times for passenger vehicles trade-ins, expanding subsidized kitchen and bathroom appliances, and involving interior goods and materials to the list, benefiting consumers in over 4.5 million transactions and bringing a total sale of 50 billion yuan (about 6.8 billion U.S. dollars).

In the first three quarters, industrial equipment upgrade policies have stimulated investments in equipment and tools, featuring a 16.4 percent year-on-year increase, with food manufacturing, agricultural products processing, and metal smelting equipment production increasing by 38.1 percent, 34.6 percent, and 13.2 percent, respectively.

In addition to consumer goods, governments at all levels have been actively offering allowances and providing guidance for companies to upgrade appliances and technologies to facilitate domestic consumption "We have applied for nearly 50 million yuan (about 6.8 million U.S. dollars) funding for equipment upgrades. With active advertising and mobilization, we encouraged local advantageous companies in machinery and medicine and health to apply, and provide guidance for them on company digitalization and technology upgrade," said Yu Biao, deputy director of the Development and Reform Bureau of Xinchang County in Shaoxing City of east China's Zhejiang Province.

Companies are also benefiting from the policy, and many are pursuing expansion with government allowances.

"We have benefited from the 'one-time pre-tax deduction policy for equipment and tools under 5 million yuan (about 680,000 U.S. dollars)' and reinvested additional funds for the Phase II expansion. As a result, the annual processing capacity has increased from 80,000 tonnes to 130,000 tonnes," said Tang Kaibo, general manager of Liaoning Lvyuan Renewable Energy Development Co., Ltd.

Local governments promote trade-ins, equipment upgrade with policies, subsidies

Local governments promote trade-ins, equipment upgrade with policies, subsidies

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