Financial highlights of CCTV news broadcast on the evening of May 16


2022-05-16: [Article Link]  Xi Jinping's Secretary-General's important article entitled " A proper understanding and management of major theoretical and practical issues in the development of the country ", published in the magazine ". On May 16th, the 10th issue of the magazine " Shing " published an important article by the Central Secretary of the Communist Party, the President of the State and the Chairman of the Central Military Commission, Xi Jinping, entitled " A proper understanding and management of major theoretical and practical issues in the development of the country ". The article stresses that, as we enter a new phase of development, the environment within and outside our development is profoundly changed and faces many major new problems that need to be properly understood and grasped. Common wealth is the essence of socialism in China’s identity. To promote high-quality development, employment priorities should be strengthened, distributional functions and roles should be put in place, and the system of public service policies should be improved. The article states that the characteristics and patterns of behaviour of capital must be properly understood and captured. The positive role of capital must be played in the context of a socialist market economy and the negative role of capital should be effectively controlled. The article states that it is important to have a proper understanding of and control over the supply of primary commodities. It is important to maintain the priority of saving, enhance domestic resource production security, optimize overseas resource security, and give greater prominence to enhancing integrated agricultural production capacity. The article states that there is a need for proper understanding and prevention of major risks, to maintain bottom-line thinking, to use the leadership of good parties and the strength of our socialist system, and to focus on avoiding major risks or crises. The article points out that carbon peak carbon is to be properly recognized and captured. The achievement of carbon peak carbon neutrality and targets is to be determined, but it is unlikely that it will be achieved at all, with steady progress and gradual progress. The principle of national integration, economy priorities, two-wheel drive, internal and external access, and risk prevention should be upheld. Based on coal-based fundamentals, green low-carbon technologies should be pursued, energy consumption “double-control” systems should be improved, “double-control” and “double-carbon” efforts should be integrated, and energy power should be accelerated. In April, the economic downturn intensified, and there was no change in the long term towards good fundamentals. The press office of the State Council held a press conference today, 16 May, to report on the economic performance of the first four months of the year. The data show that, in the face of increased downward pressure on the economy, the various sectors of the region have stepped up their macroeconomic policy regulation in an effort to overcome the impact of the epidemic, maintain economic and social development stability and promote the growth of new and dynamic energy. In April of this year, the impact of the epidemic was evident in parts of the country, where the value added of industries of national size and above, the services index and total retail sales of social goods fell on a year-on-year basis. Cumulatively, between January and April, the value added of industries above size increased by 4 per cent over the same year, investment in fixed assets by 6.8 per cent and total imports and exports by 7.9 per cent, while basic industries, such as food production and energy, sustained growth, sufficient supplies of goods for the basic livelihood of the population and stable market prices. With the impact of the epidemic, new business models for new industries have become more resilient, and digital, informational, and intelligent transformations have continued. In January-April, higher-scale high-technology manufacturing added 11.5% more value than industry as a whole; high-technology investment increased 22% as compared to total investment; and retail sales for goods in kind increased 5.2% as compared to the same year. Since April, support for investment in manufacturing has increased, with modest ahead-of-the-board investment in infrastructure, with accelerated construction of infrastructure focused on water engineering, integrated traffic networks, and so on. In January-April, investment in the social sector increased by 14.4 per cent over the same period. In terms of forward indicators, total investment in new start-up plans increased by 28 per cent between January and April, with 29.7 per cent in the national budget and 13.5 per cent in self-financing. We have a very good summer harvest, and we have a very good harvest. The latest agricultural dispatch shows that most of the summer grains in the main producing areas are entering a critical period of production and are in good shape. More than 90% of summer grains are important varieties of wheat. According to the latest farming schedule, wheat in the southwest wheat district is now ripe for harvest, JAC and Jianghan are entering the advanced slurry stages, Huang Xiao and the southwest of the country are in the middle of the slurry period, and the north-central and north-west of China are growing the slurry. At the Sichuan Guanghan National Food Farming Base, the late airing of wheat produced good results. As a result of last fall’s influence, some winter wheat in Sichuan was planted late. In order to stabilize wheat production, experts from the National Wheat Industry Technical System have introduced timely and innovative anti-humid tillage technologies and accompanying management measures, and average wheat production across Sichuan province is expected to increase by 10 to 15 per cent. This year, with more than 330 million acres of winter wheat throughout the country, the country has made a major effort to promote stability in the area by developing high-quality, market-restricted and specialized varieties. With a financial investment of $280 million at all levels, the focus has been on high-quality and specialized wheat, which is 70% higher than last year, an increase of 12 percentage points. In Xiaoyang, the last “one blow” is being carried out on the ground to effectively improve wheat production through this key production-enhancing technology. The Ministry of Agriculture and Rural Development's movement control analysis of 360 winter wheat monitoring sites throughout the country shows that the country's summer harvest was based on a large-scale harvest expected in early June. Work began today on the national major water project, Wu Xingjiang. On May 16th, a major national water project, the Wu Quanjiang Rehabilitation Project, which began construction in Jiangsukunshan City with a total investment of more than 15 billion yuan, is expected to be completed by 2030 and will further improve the flood preparedness of the Tai Hu Basin. The Angkang rehabilitation project is the 14th Five-Year Plan's major inter-provincial water project to improve the flood control system in the Tai Hu basin and to accelerate the development of the national water network. It is also part of the long-triangular integrated development planning framework, which provides for the implementation of major inter-provincial water projects. The project involved Shanghai and Jiangsu, which were 61.7 kilometres long in Jiangsu and crossed the Kyung-Hun Dayun River, and would then become the third flood route for Lake Tai. In addition to improving flood prevention and management capacity, the Goi River rehabilitation project will improve navigation capacity on the Suzhou-Shanghai channel by enhancing water resource allocation capacity and effectively improving the regional water resources, water ecology and water environment. It's an online culture. It's good for the people. It's good for the people. According to research by the Chinese Performing Industry Association, despite a certain contraction in the offline performance market as a result of the epidemic, a large number of cultural groups have opened “line theatres” to meet the cultural needs of the population in a more vertical manner. In April 2020, the National Theatre continued its two-year series of online performances, with a total of 3.4 billion hits. The Henan Museum, through an exhibition of high-profile and diverse digital artifacts, allows people to remain time tunnels with a taste for history and culture. The Sandton Zhenan Library develops a “suggestorship program”, where citizens can sit at home and borrow books from the library network and send them to the government to pay for them. Using digital technology to empower the industry. Today, the growing “cloud tour guide” has become an online transition practice for a number of viewing areas and cultural and travel operators, and the “crowding” of the “clouds” has brought new engines to the industry and opened new tracks. We're on the air. We're on the air, we're on the air. I'm sorry, I'm sorry, but I don't know what I'm talking about, but I don't know what I'm talking about. The Chinese Association of Journalists issues a report on the development of Chinese journalism. Today, 16 May, the Association released its report on China’s news business development. The report shows that between 2020 and 2021, China’s news industry became more media-wide and more platform-based, with all-round growth, media platform technology, digital transmission technology, high-tech video technology, artificial intelligence, and new technologies such as 5G driving media change and innovation. XI Sector Launching Partnership Action on Integrating Innovations among Large and Medium-Sized Enterprises Today (16 May), 11 departments, including the Ministry of Industry and Informatics and the National Development Reform Commission, jointly launched a “Collaborative Action” to create, by 2025, a model of convergence among large and medium-sized enterprises (SMEs), stimulating the emergence of “specially innovative” small and medium-sized enterprises (SMEs) with a strong capacity for synergy, efficiency, integration and smooth integration of small and medium-sized enterprises (SMEs). In 2022, a million-day Internet recruitment campaign was launched. Today, 16 May, the Ministry of Human Resources and Social Security, together with the parties concerned, launched a million-day network recruitment campaign to set up a unified, multi-party online recruitment platform, organize live-blank follow-up and provide multi-dimensional services such as a career guidance “Cloud Classroom” and launch four local special sites in Beijing, Tianjin, Hebei and Shanxi during the first week. In 2022, a student grant of 68.8 billion yuan was awarded. The Ministry of Finance, the Ministry of Education and the Ministry of Human Resources and Social Security have recently allocated 68,847 million yuan in student support grants for 2022, an increase of 3.47 billion yuan, or 5.3 per cent over the previous year, to support the implementation of policies on general secondary education, secondary vocational education, scholarships for higher education, exemption from school fees, etc. 31,71 billion items in the first four months of our courier operations Today, 16 May, the National Postal Service published the first four months of its operations in the postal sector. In January-April, our income from the postal sector accumulated 421.97 billion yuan, an increase of 6.3 per cent over the previous four months. During the first four months, the volume of postal services was accumulated at 9.46 billion, an increase of 12.0 per cent over the same period; the volume of courier services was 31,71 million, an increase of 4.2 per cent over the same period. For the first time ever, our super-high-voltage-intensive passageway was powered by a helicopter. Today, 16 May, the national electricity grid, on a high-pressure intensive corridor in Yangtze River, for the first time using helicopters to bring its operators to a guidance line of just over 10 metres between them, has made it difficult to remove the pitfalls and increase its efficiency by 80 per cent, achieving a new breakthrough in our ultra-high-pressure carrier technology and guaranteeing long-triangular power arteries. One-size-fits-all industrial integration project in-country Today, 16 May, a 67.7 billion yuan-in-investment rainbow-smelling integration project was launched in Jiangsu Lilonghu port, marking the official launch of our single largest one-size-fits-all smelting integration project. With a crude oil processing capacity of 16,000,000 tons in the year of the project, the production of scarce chemical products such as aromatic hydrocarbons and yety hydrocarbons will increase the rate of self-sufficiency of the bulk of the country's basic chemical raw materials. The first main cable unit of the deep channel bridge is successfully installed. After six hours of offshore construction work, the first main cable unit of the deep-central ocean bridge was successfully set up yesterday (15 May). This is the main cable wire of the suspended bridge, which currently has the highest level of strength in the country, marking the full entry of the bridge into the construction of the upper tectonic body. Guangxi's first export of sugar from Central Europe started from Guangxi Nanning. The Central European Platoon, carrying 2,600 tons of white sugar, left the international railway port of Guangxi Nanning yesterday (15 May) and left for Almaty, Kazakhstan, via the port of Arasan. This is the first Central European Platoon to be sent out by Guangxi for the entire export of food, which saves 8 to 10 days in time compared to sea and road transport. (Source of article: Imaging Network)


Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.



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Financial highlights of CCTV news broadcast on the evening of May 16


2022-05-16: [Article Link]  Xi Jinping's Secretary-General's important article entitled " A proper understanding and management of major theoretical and practical issues in the development of the country ", published in the magazine ". On May 16th, the 10th issue of the magazine " Shing " published an important article by the Central Secretary of the Communist Party, the President of the State and the Chairman of the Central Military Commission, Xi Jinping, entitled " A proper understanding and management of major theoretical and practical issues in the development of the country ". The article stresses that, as we enter a new phase of development, the environment within and outside our development is profoundly changed and faces many major new problems that need to be properly understood and grasped. Common wealth is the essence of socialism in China’s identity. To promote high-quality development, employment priorities should be strengthened, distributional functions and roles should be put in place, and the system of public service policies should be improved. The article states that the characteristics and patterns of behaviour of capital must be properly understood and captured. The positive role of capital must be played in the context of a socialist market economy and the negative role of capital should be effectively controlled. The article states that it is important to have a proper understanding of and control over the supply of primary commodities. It is important to maintain the priority of saving, enhance domestic resource production security, optimize overseas resource security, and give greater prominence to enhancing integrated agricultural production capacity. The article states that there is a need for proper understanding and prevention of major risks, to maintain bottom-line thinking, to use the leadership of good parties and the strength of our socialist system, and to focus on avoiding major risks or crises. The article points out that carbon peak carbon is to be properly recognized and captured. The achievement of carbon peak carbon neutrality and targets is to be determined, but it is unlikely that it will be achieved at all, with steady progress and gradual progress. The principle of national integration, economy priorities, two-wheel drive, internal and external access, and risk prevention should be upheld. Based on coal-based fundamentals, green low-carbon technologies should be pursued, energy consumption “double-control” systems should be improved, “double-control” and “double-carbon” efforts should be integrated, and energy power should be accelerated. In April, the economic downturn intensified, and there was no change in the long term towards good fundamentals. The press office of the State Council held a press conference today, 16 May, to report on the economic performance of the first four months of the year. The data show that, in the face of increased downward pressure on the economy, the various sectors of the region have stepped up their macroeconomic policy regulation in an effort to overcome the impact of the epidemic, maintain economic and social development stability and promote the growth of new and dynamic energy. In April of this year, the impact of the epidemic was evident in parts of the country, where the value added of industries of national size and above, the services index and total retail sales of social goods fell on a year-on-year basis. Cumulatively, between January and April, the value added of industries above size increased by 4 per cent over the same year, investment in fixed assets by 6.8 per cent and total imports and exports by 7.9 per cent, while basic industries, such as food production and energy, sustained growth, sufficient supplies of goods for the basic livelihood of the population and stable market prices. With the impact of the epidemic, new business models for new industries have become more resilient, and digital, informational, and intelligent transformations have continued. In January-April, higher-scale high-technology manufacturing added 11.5% more value than industry as a whole; high-technology investment increased 22% as compared to total investment; and retail sales for goods in kind increased 5.2% as compared to the same year. Since April, support for investment in manufacturing has increased, with modest ahead-of-the-board investment in infrastructure, with accelerated construction of infrastructure focused on water engineering, integrated traffic networks, and so on. In January-April, investment in the social sector increased by 14.4 per cent over the same period. In terms of forward indicators, total investment in new start-up plans increased by 28 per cent between January and April, with 29.7 per cent in the national budget and 13.5 per cent in self-financing. We have a very good summer harvest, and we have a very good harvest. The latest agricultural dispatch shows that most of the summer grains in the main producing areas are entering a critical period of production and are in good shape. More than 90% of summer grains are important varieties of wheat. According to the latest farming schedule, wheat in the southwest wheat district is now ripe for harvest, JAC and Jianghan are entering the advanced slurry stages, Huang Xiao and the southwest of the country are in the middle of the slurry period, and the north-central and north-west of China are growing the slurry. At the Sichuan Guanghan National Food Farming Base, the late airing of wheat produced good results. As a result of last fall’s influence, some winter wheat in Sichuan was planted late. In order to stabilize wheat production, experts from the National Wheat Industry Technical System have introduced timely and innovative anti-humid tillage technologies and accompanying management measures, and average wheat production across Sichuan province is expected to increase by 10 to 15 per cent. This year, with more than 330 million acres of winter wheat throughout the country, the country has made a major effort to promote stability in the area by developing high-quality, market-restricted and specialized varieties. With a financial investment of $280 million at all levels, the focus has been on high-quality and specialized wheat, which is 70% higher than last year, an increase of 12 percentage points. In Xiaoyang, the last “one blow” is being carried out on the ground to effectively improve wheat production through this key production-enhancing technology. The Ministry of Agriculture and Rural Development's movement control analysis of 360 winter wheat monitoring sites throughout the country shows that the country's summer harvest was based on a large-scale harvest expected in early June. Work began today on the national major water project, Wu Xingjiang. On May 16th, a major national water project, the Wu Quanjiang Rehabilitation Project, which began construction in Jiangsukunshan City with a total investment of more than 15 billion yuan, is expected to be completed by 2030 and will further improve the flood preparedness of the Tai Hu Basin. The Angkang rehabilitation project is the 14th Five-Year Plan's major inter-provincial water project to improve the flood control system in the Tai Hu basin and to accelerate the development of the national water network. It is also part of the long-triangular integrated development planning framework, which provides for the implementation of major inter-provincial water projects. The project involved Shanghai and Jiangsu, which were 61.7 kilometres long in Jiangsu and crossed the Kyung-Hun Dayun River, and would then become the third flood route for Lake Tai. In addition to improving flood prevention and management capacity, the Goi River rehabilitation project will improve navigation capacity on the Suzhou-Shanghai channel by enhancing water resource allocation capacity and effectively improving the regional water resources, water ecology and water environment. It's an online culture. It's good for the people. It's good for the people. According to research by the Chinese Performing Industry Association, despite a certain contraction in the offline performance market as a result of the epidemic, a large number of cultural groups have opened “line theatres” to meet the cultural needs of the population in a more vertical manner. In April 2020, the National Theatre continued its two-year series of online performances, with a total of 3.4 billion hits. The Henan Museum, through an exhibition of high-profile and diverse digital artifacts, allows people to remain time tunnels with a taste for history and culture. The Sandton Zhenan Library develops a “suggestorship program”, where citizens can sit at home and borrow books from the library network and send them to the government to pay for them. Using digital technology to empower the industry. Today, the growing “cloud tour guide” has become an online transition practice for a number of viewing areas and cultural and travel operators, and the “crowding” of the “clouds” has brought new engines to the industry and opened new tracks. We're on the air. We're on the air, we're on the air. I'm sorry, I'm sorry, but I don't know what I'm talking about, but I don't know what I'm talking about. The Chinese Association of Journalists issues a report on the development of Chinese journalism. Today, 16 May, the Association released its report on China’s news business development. The report shows that between 2020 and 2021, China’s news industry became more media-wide and more platform-based, with all-round growth, media platform technology, digital transmission technology, high-tech video technology, artificial intelligence, and new technologies such as 5G driving media change and innovation. XI Sector Launching Partnership Action on Integrating Innovations among Large and Medium-Sized Enterprises Today (16 May), 11 departments, including the Ministry of Industry and Informatics and the National Development Reform Commission, jointly launched a “Collaborative Action” to create, by 2025, a model of convergence among large and medium-sized enterprises (SMEs), stimulating the emergence of “specially innovative” small and medium-sized enterprises (SMEs) with a strong capacity for synergy, efficiency, integration and smooth integration of small and medium-sized enterprises (SMEs). In 2022, a million-day Internet recruitment campaign was launched. Today, 16 May, the Ministry of Human Resources and Social Security, together with the parties concerned, launched a million-day network recruitment campaign to set up a unified, multi-party online recruitment platform, organize live-blank follow-up and provide multi-dimensional services such as a career guidance “Cloud Classroom” and launch four local special sites in Beijing, Tianjin, Hebei and Shanxi during the first week. In 2022, a student grant of 68.8 billion yuan was awarded. The Ministry of Finance, the Ministry of Education and the Ministry of Human Resources and Social Security have recently allocated 68,847 million yuan in student support grants for 2022, an increase of 3.47 billion yuan, or 5.3 per cent over the previous year, to support the implementation of policies on general secondary education, secondary vocational education, scholarships for higher education, exemption from school fees, etc. 31,71 billion items in the first four months of our courier operations Today, 16 May, the National Postal Service published the first four months of its operations in the postal sector. In January-April, our income from the postal sector accumulated 421.97 billion yuan, an increase of 6.3 per cent over the previous four months. During the first four months, the volume of postal services was accumulated at 9.46 billion, an increase of 12.0 per cent over the same period; the volume of courier services was 31,71 million, an increase of 4.2 per cent over the same period. For the first time ever, our super-high-voltage-intensive passageway was powered by a helicopter. Today, 16 May, the national electricity grid, on a high-pressure intensive corridor in Yangtze River, for the first time using helicopters to bring its operators to a guidance line of just over 10 metres between them, has made it difficult to remove the pitfalls and increase its efficiency by 80 per cent, achieving a new breakthrough in our ultra-high-pressure carrier technology and guaranteeing long-triangular power arteries. One-size-fits-all industrial integration project in-country Today, 16 May, a 67.7 billion yuan-in-investment rainbow-smelling integration project was launched in Jiangsu Lilonghu port, marking the official launch of our single largest one-size-fits-all smelting integration project. With a crude oil processing capacity of 16,000,000 tons in the year of the project, the production of scarce chemical products such as aromatic hydrocarbons and yety hydrocarbons will increase the rate of self-sufficiency of the bulk of the country's basic chemical raw materials. The first main cable unit of the deep channel bridge is successfully installed. After six hours of offshore construction work, the first main cable unit of the deep-central ocean bridge was successfully set up yesterday (15 May). This is the main cable wire of the suspended bridge, which currently has the highest level of strength in the country, marking the full entry of the bridge into the construction of the upper tectonic body. Guangxi's first export of sugar from Central Europe started from Guangxi Nanning. The Central European Platoon, carrying 2,600 tons of white sugar, left the international railway port of Guangxi Nanning yesterday (15 May) and left for Almaty, Kazakhstan, via the port of Arasan. This is the first Central European Platoon to be sent out by Guangxi for the entire export of food, which saves 8 to 10 days in time compared to sea and road transport. (Source of article: Imaging Network)

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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