Category Archives: Business

business news from China, Sweden and the world.

First Sweden-China Entrepreneur Conference held in Shenzhen fruitful

STOCKHOLM, Nov. 20(Greenpost)—The first Sweden-China Entrepreneurs Match Making seminar held in Shen Zhen on Nov. 17 was very fruitful.

 

Many Swedish companies including Nordic Innovation Center,  Bayn Europe AB and Highlands Uptown AB and Sweden-China Entrepreneur Association have presented their companies, met their Chinese counterparts and signed agreements with them for future cooperation.

At the forum focusing on belt and road initiative, Gao Sinuo, Shenzhen Investment Promotion Agency said that Shenzhen is an innovative and open city and the bridge in connection to the outside world. Shenzhen is a cosmopolitan with greatest potential to invest.

Patrik Edström from Bayn Europe AB said his company is engaged in studying sugar reduction solutions at various chain. It was established in 2009 and was in public listing in Nasdaq in 2014.

Anders Berg, CEO of Highlander Uptown AB said they are going to build a financial IT platform and can help financial institutions to lower their cost by 90 percent and give good returns for private savings.

Agreements signed during the conference

Three agreements have been signed during the Swedan China Entrepreneur meeting.

Zhang Qiaozhen, President of Sweden-China Entrepreneur Association and Zhang Kao, Secretary of Huaya Center signed MOU, Patrik Edström of Bayn Europe AB signed agreement with Zhang Luping, General Manager of Kongwah Real Estate Group on studying of sugar reduction.

Leif Anders Berg signed agreement with Zhang Shenhua, President  of Shenzhen Xinyu Fund Management Co.ltd.

Zhang Qiaozhen thinks this signing of agreements between Swedish and Chinese enterprises is due to  a two year efforts. Sweden-China Entrepreneur Association and Bayn Europe AB signed agreement to cooperate in lowering sugar for good health. Karolinska Cancer research project and Finteck Financial management project have been a sign that the two projects have been in contact and cooperation with their Chinese counterparts.

Trade talks between the two sides

Ai Xuefeng, Vice Mayor of Shenzhen led his colleagues Qiu Xuan, Gao Lin, Sun Huaizhong, Wang Youming and Chen Guangwen from Shenzhen government came to talk with the Swedish companies led by Olle Zetterberg, Director of Business Sweden, Ulf Borbos of North European Innovation Center, Leif Anders from Highlander Uptown AB, Zhang Qiaozhen , President of  Sweden-China Entrepreneur Association and Zhang Luping, General Manager of Kongwah Real Estate Group.

Ai Xuefeng made an introduction about Shenzhen’s economic development and its strategic role in belt and road initiative.

He welcome Swedish entrepreneurs to invest in Shenzhen.

Olle Zetterberg said he was very  glad to come to beautiful Shenzhen and willing to cooperate with China. Sweden has a lot of high tech which can have great potential in China. Sweden-China Entrepreneur Association gave us a good beginning in bringing Swedish technology into China.

Zhang Qiaozhen held that although Sweden is the first country that established diplomatic relations with China, due to historical and cultural differences, there is still lack of understanding between the two sides. That is why Sweden-China Entrepreneur Association came into being. Its headquarter is in Stockholm. Over the past two years, the association is engaged in projects in high-tech, environmental protection, energy saving, clean energy and electronics. So far it has helped 105 high-tech enterprises and provided incubation platform for dozens of companies.

Thanks to the Chinese government’s free booth of High-Tech fair, Sweden-China Entrepreneur Association help many enterprises to attend this exhibition. Her association will continue to  exert an important role in providing good bridge for the two sides.

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On Nov.18, Zetterberg and other Nordic Entrepreneurs were invited to visit the headquarters of the Kongwah Real Estate Group which covers a total of 30 thousand square meters in 16 storeys. The two sides discussed the establishment of Shenzhen Nordic Innovation Center and Incubator.

Zhang Luping also presented the company’s development plan and structure,hoping more European High-Tech enterprises can end up in Shenzhen.

Translated and edited by Xuefei Chen Axelsson.  Photo by Mao Zhiliang .

Sweden-China Entrepreneur Association shows up at the 19th China High-Tech Fair in Shenzhen

Translated and edited by Xuefei Chen Axelsson

Stockholm, Nov. 20(Greenpost)–It was the first time that Sweden-China Entrepreneur Association attended the Nordic Exhibition in Belt and Road Zone at the 19th China High-Tech  Fair which is underway in Shenzhen between Nov. 16-21, 2017.

Belt and Road Zone has been set as a platform for all those countries along the belt and road route to meet. Government institutions, international organisations and companies from over 30 countries and regions including Germany, Russia, Canada, Britain, France, Austria, Finland, Hungry, Belgium, Italy, Spain and Sweden attended the fair.

  Ai Xuefeng, Vice Mayor of Shenzhen met exhibitors

 Ai Xuefeng, Vice Mayor of Shenzhen paid a visit to the Nordic gallery and met the exhibitors from Sweden. The exhibitors are Ulf Borbos from Nordic Innovation Center, Patrik Edström from Bayn Europe AB, Anders Leideman CEO of Highlander Uptown AB  in Sweden, Anders Berg and FHW Real Estate, Anders Karlsson and Zhang Qiaozhen from Sweden-China Entrepreneurs Association.

Ai Xuefeng commended Zhang Qiaozhen’s role in helping Swedish companies to attend the fair and mutual exchange.

Zhang Qiaozhen was interviewed by media

Zhang Qiaozhen said during this fair, Swedish companies would like to explore chances of deep cooperation with Chinese counterparts in health, finance, energy-saving and environmental protection, clean energy and biotechnology.

During the fair, Sweden-China Entrepreneur Association and Chinese-Asian Center will sign a MOU. Bayn Europe AB and Kongwah Real Estate Group’s health project in lowering blood sugar will sign a cooperation agreement.  Swedish Highlander Uptown AB will sign a cooperation agreement with Shenzhen Xinyu Fund Management Company. Sweden-China Entrepreneur Association will also help deal with  China’s affairs for Nordic Incubator Center.

Zhang Qiaozhen commented that China High-Tech Fair is a good platform for Chinese enterprises to go abroad and foreign companies to go to China. Since its establishment two years ago, Sweden-China Entrepreneurs Association has devoted itself to providing good services for enterprises from both sides. Swedish Sci-tech and innovation capability is well-known around the world, and Swedish government pays great attention to newly emerging countries in the world, especially the Chinese market.

“China can learn from Sweden about sustainable development, design and innovation, fashion and environmental protection. ” said Zhang.

She hopes to provide new development opportunities for bilateral economic development and bilateral cooperation and inject new vitality for both sides.

Nordic Exhibition Gallery arouse a lot of attention

Nordic Exhibition is sponsored by Sweden-China Entrepreneurs Association. Business Sweden led 15 globally known enterprises to attend the Chinese High-tech fair for the first time, thus aroused a lot of attention.

The exhibition got a lot of help from Shenzhen government, Shenzhen Investment Agency, Business Sweden, Shenzhen United Front, Shenzhen’s Reform and Development Commission, Shenzhen Economic and Information Commission, Science and Innovation Commission, Foreign Affairs office, quality control commission and commission for  health industry promotion in Shen Zhen.

Sweden-China Enterpreneurs Association is a membership association for  information exchange. It is engaged in high-tech innovation, green environment, energy-saving, electronics etc.

China High-Tech Fair started in 1999. Since then, every year, CHTF is co-hosted in Shenzhen by Ministries and Commissions of the national government and Shenzhen Municipal People’s Government. Up to now, 16 CHTFs have been successfully held in succession. For each CHTF, the toal exhibition area exceeded 100000square meters, nealy 3000 exhibitiors from more than 50 countries and 500000visitors attended. Currently it is the largest and the most influential scientific and technological fair in China and is renowned as the No. 1 Technology Show in China.

 

Chinese Special Series–Chinese Housing enough for the next generation

By Xuefei Chen Axelsson

STOCKHOLM, Nov. 12(Greenpost)– To be honest, I came from a poor farmer’s family. But now those who live in the countryside enjoy big house, bigger space.

My brother and sister both have about 100 square meters apartment.
Recently a woman from Qingdao, Shandong province told me that they live in a 150 square meters apartment just for two persons.

Many civil servants have bigger office areas and enjoy two or three apartments.

Even those who came from the countryside and later lived in the city can enjoy very big apartment, not just one.

China has built so many buildings, so many cars and so many bikes.

A great change now is that people live much better.

Beijing attracts architeks from all over the world and it is a test site for all the vanguard builders. I saw an instrument type of building in Chaoyang district.

The famous CCTV building is even more protruding.  Skyscrapers are everywhere. And in many provinces, counties and cities, there are many buildings built.

Many people in local areas even have much more houses than those in bigger cities.  Chinese people enjoy far better material enjoyment now than ever. But their time of course is much tighter than before. They work harder than before.

Chinese Special Series–Fast train can benefit the whole world

Stockholm, Nov. 12(Greenpost) — When China built fast train in 2008, I was astonished by Chinese accurate drivers and fantastic services in the Hexiehao or Harmony Train.

I used to take more than 8 hours from Beijing to Jinzhou by train. Now I fly back from Stockholm to Beijing by airplane through 8.5 hours. So sometimes I jokingly said that Stockholm is my backyard garden from my Beijing home.

This summer we went back to Beijing again.  Surprisingly it only takes half an hour from Beijing to Tianjin and only four and half hours from Tianjin to Shanghai. It used to take 12 hours.

We travelled around half of China from Tianjin to Shanghai, from Shanghai to Suzhou, just half an hour. From Suzhou to Beijing it just took four and half hours. From Shenyang to Dalian it only takes two hours. From Dalian to Jinzhou, it also jus took two hours.

There is wifi in the waiting room in Jinzhou Station and it was terribly clean and nice.  People can buy all kinds of snacks from all over China and people don’t have to be so crowded as before.

From the very beginning, I supported the idea of developing the fast train. It is absolutely great! People think it is expansive, but it is not expansive if people consider the overall benefit it brings to the society, to the business and to people’s health as well as wellbeing.

I strongly suggest Sweden build fast train. Maybe it is a better idea to join hands with Denmark and Norway to build fast train from north to south. Think of Chinese train from Harbin to Dalian, just five hours.  It is just perfect.

Think of people taking train just from Oslo to Denmark via Stockholm or surrounding Solna or Uppsala just by four hours or from Oslo to Stockholm just one hour! It will bring a lot of human flow and it will bring a lot of vitality to our economy and people’s spirit.

Sweden has been very proud of its Tunnelbana because it starts from 1940s and the train has been very good in capacity. But now it need improvement.

I suggest Sweden use Chinese fast train technology and workers.  We shall benefit from it in the long run!

Now I do think Chinese fast train is the best in the world!

Traditional Chinese Cuisine Delegation visit Sweden and Demark

By Xuefei Chen Axelsson

STOCKHOLM, Nov. 12(Greenpost)– Traditional Chinese Cuisine Delegation of Overseas Chinese Affairs Office of the State Council of China visited Sweden and Denmark recently.

Led by Lyu Jing from Jiangsu Overseas Chinese Affairs Office, the delegation includes Mr. Wei Xueyong, researcher from the office, Ms Gao Daiming, Wang Bin, Zhang Jun, Jin Fengbin and Shi Zhiyuan, Masters of Chinese Cuisine.

Lyu Jing said the purpose of the visit is to introduce traditional Chinese cuisine from Huaiyang, Yangzhou and Zhenjiang areas which is one of the four most famous cuisines in China. The other three famous cuisines are from Sichuan, Shandong and Guangdong provinces.

Ms Gao Daiming said she came from a traditional Chinese cuisine family. Among 400 kinds of famous cuisines in China, Huaiyang dishes account for over 70 percent,  up to 290 kinds which have more than 2000 years of history.

Wang Bin who opens cuisine school in Huaiyang area said the Chinese cuisines pay great attention to color, smell, taste and form which are also very good for health.

Huaiyang dishes pay great attention to the original taste of the food and dishes, thus keeping all the vitamins and proteins, good for health. It means the food is never overcooked.

The most famous dish is Lion’s Head which can be steamed and stewed.

The masters showed the local chef in how to make the best Chinese cuisine and indeed attracted about 60 chef to come to cook and over 100 food lovers to taste the gourmet.

The cuisine delegates stayed in Sweden for three days to prepare the food and to cook and teach and visit some places in Stockholm.

The activity was held in Jufu Yuan, Thai Restaurant in Upplands Vasby near Infra Scandic Hotel.  Jufu Yuan means a restaurant that gathers happiness.

Wang Yuli, Manager of Jufu Yuan Restaurant said he was happy to help organize this activity because it helps chefs from China and Sweden to exchange experiences and learn from each other.  In particular this Huaiyang Cuisine tastes very good and is just suitable for us.

After three days, the delegation left for Denmark to introduce one of the best cuisines in China.

Solvatten–An Innovative Tool to Achieve Climate and Development Goals 

By Xuefei Chen Axelsson

STOCKHOLM, Nov.7(Greenpost)– Climate change is a reality and people from developing countries – specially women and children – are suffering the most. How can technology support governments to overcome these challenges?  Getting ready for the future. Credit: Solvatten. 

Here we have an interview between Analice Martins, independent writer, activist for women’s rights and founder of Internacionalidade and David Wadström focusing on an innovation called Solvatten.  The following is the details of Q and A.

Hej, David! Thanks for having me here! Can you tell me more about Solvatten?
Hej Analice! Sure! Solvatten – which means “Sun Water” in Swedish – is a jerry can that uses solar energy to purify contaminated water. After a few hours exposed to ultraviolet (UV) light, specifically UV-B, the water is free from the pathogens that cause diseases such as dysentery, salmonella and cholera. We created a durable design that stands intense heat and sunlight for many years and it has the capacity to process up to 40 liters of water per day, all we need is sunshine!

Sounds very promising! And how is Solvatten addressing global challenges such as poverty, inequality and climate change?
Billions of people still use firewood to cook, heat and boil water in order to make it cleaner. There are numerous social and environmental consequences of this practice; for instance, burning firewood causes harmful indoor air pollution, releases greenhouse gas emissions, and impact the lives of many girls and women who need to walk dozens of miles every day to fetch water and firewood.
A typical household used to spend up to three hours a day to generate energy to water needs. Solvatten saves time and allow people to pursue more economically productive activities. Additionally, decreasing firewood burns is beneficial to both the household’s members as well as the trees in the local environment.

In which ways is Solvatten supporting governments and organizations to achieve their climate and development goals?
Solvatten is both a short and long-term solution. In the short term, Solvatten is a powerful relief tool for communities affected by natural disasters. Governments and International Organizations can use Solvatten in areas suffering from water contamination. In the long-term, Solvatten has been proven to be a change maker: it empowers women, increases girls’ attendance in schools, changes hygienic behaviors, and transforms its users into true climate heroes! Families have saved thousands of hectares of forest and a million trees by using Solvatten. That is real climate Action!
 

Solvatten works with governments but also green-minded companies, please tell me more about that? 
We work in partnership with governments, local organizations and corporations to provide Solvatten to millions of people living off-grid. Since 2007, we have initiated 45 projects reaching out over 300.000 people living in more than 20 developing countries. For instance, the Solvatten CSR and Climate Project provides companies and partners an opportunity to connect social and environmental impact with their business needs. An increased use of Solvatten can also improve the way a responsible company is doing business in East Africa and other emerging markets. It can really add value to their supply chains in agro-business. 

 

Can you give me an example of a successful partnership? 
Yes, good examples are the partnerships we have with sugar and coffee grower cooperatives. Solvatten plays a key role in improving the farmer’s lives at the same time it can be a practical way to offset the carbon emissions that the business contributes to. Solvatten is also being used by corporations like Axfood, International Organization such as the UN-Habitat, and environmental foundations like myclimate. 

 

It’s really inspiring! Now, to finalize, what is your biggest dream? 

My dream is to live in a world where everyone has access to safe and clean water, just as we do here in Sweden. I also hope that Solvatten shall inspire other entrepreneurs and innovators to raise their voice and come up with great solutions to address climate change! 

Sino-Swedish Biomedicine seminar held in Uppsala

By Xuefei Chen Axelsson

STOCKHOLM, Sept. 21(Greenpost)– Changsha National High-tech Industrial Development Zone delegation held a seminar with Research Institute of Sweden and Uppsala Bio on Thursday in Uppsala to discuss cooperation in biomedicine.

The seminar was presided over by Zhao Shouting, Nordic Chinese Sustainable Development Association.

Song Jie,  deputy director of  the Changsha National High-tech Industrial Development Zone delegation gave a brief introduction about his zone.

“CNHDZ is Hunan Province’s Silicon Valley and ranks top 10 in innovation capability. We have issued a new policy to encourage more overseas enterprises and talented people to open businesses in the zone. ”

Song said the grants can be as high as twenty million yuan every year and the total is 100 million per year.

The zone is very strong in biomedicine and really likes to cooperate with Swedish counterparts.

He said Changsha was the place that raised the first artificial baby and held the largest frozen sperm bank.

He welcomes Swedish companies to cooperate with their counterparts.  He promised that the government is just willing to provide a platform for enterprises to cooperate.

Johan Laurell gave a brief introduction about Research Institutes of Sweden or RISE. He is the marketing manager.

He said RISE includes a lot of industries including food and medicine and plays a role of helping enterprises to find their international partners.

Erik Forsberg from Uppsala Bio introduced his company which is a very famous Swedish biomedicine company.

The famous Pfizer company used to be part of it.  Forsberg said it is good to understand what kind of cooperation model will be and will bring more relevant companies to meet next time.

Jan Peter Axelsson used to work in Pfizer and now in Vascaia also introduced his company, his colleague and his own expertise. He is good at providing automatic and efficient  production method.

Zhou Wenqiang is Chief Scientist from Hunan Fangsheng Pharmaceutical Co. Ltd

Hao Zou is General Manager from Hunan Hua Rui Biological Technology Co. Ltd.

Huang Qingxi is from Central Bio-MD Valley Technology Co. Ltd

Guo Xialing is Board Chairman of Argus (Hunan) Pharmaceutical Ltd.  She said she is looking for experts in fermentation.

The two sides also discussed partnerships, cooperation model, platforms and mechanisms to deepen the cooperation between the two sides.

Photo and Text:  Xuefei Chen Axelsson

Video: A video interview with Kevin Rudd at World Water Week

By Xuefei Chen Axelsson

STOCKHOLM, Sept. 8(Greenpost)–Kevin Rudd, former Prime Minister of Australia and current Chairman of Sanitation and Water for All has said that all sectors should help invest in solving sanitation and water issue which is fundamental for achieving the UN 2030 SDGs.

The interview was done by Xuefei Chen Axelsson on Aug. 30  at the 2017 World Water Week in Stockholm.

Mr. Rudd talked about his relations with water and sanitation from childhood, government level and international level.  He said that to achieve the SDGs, it needs all sectors’ joint efforts because water and sanitation sector is a relatively weak one which indeed needs much more attention and efforts.

Filmed by Xuefei Chen Axelsson on Aug.30, 2017 Stockholm.

2017 Stockholm World Water Week stresses values of water

Stockholm ,1 September (Greenpost)–Understanding and recognizing the many different values attached to water is the key to more efficient use – a must as more people have to share the world’s limited fresh water. This was the conclusion at the end of the World Water Week on Friday in Stockholm.  Xuefei Chen Axelsson has more. 

Over 3,200 participants from 133 countries have attended several hundred sessions, shared experiences, and discussed solutions to the world’s most critical water challenges. The number of the people has been the highest so far.

Water is the lifeline of our civilization. Without it, there is no hope of sustaining households, industries, food and energy production, or such key functions as hospitals. Access to safe water is necessary in order to implement the global development agenda, said SIWI Executive Director Torgny Holmgren, host of the World Water Week.

“With increasing scarcity, we must recognize the many values attached to water, be it economic, social, environmental, cultural or religious. I believe that by re-valuing water, we will develop a deeper understanding and respect for this precious resource, and thus be better prepared for more efficient use,” added Holmgren.

During the week, delegates discussed all kinds of issues related to water which the theme of this year is water and water, reduce and reuse.

Throughout World Water Week, links were made between the different values of water, including its monetary value.

“I believe we will see more diverse pricing structures in the future, allowing for more economical and efficient use,” said Holmgren.

A growing global population is creating a higher demand for fresh water. Climate-driven changes in weather patterns, leading to extended droughts and devastating floods, further exacerbate pressure on our common water resources.

“Efficient use, therefore, is not an option but a must to ensure availability for all of us,” Holmgren added.

Another focus of World Water Week is the realization of the Sustainable Development Goals (SDGs).

In a filmed message to World Water Week, Amina J Mohamed, Deputy Secretary-General of the United Nations, pressed on the need to accelerate progress towards SDG6 on clean water and sanitation and on all the water-related sustainable development goals.

“Today, strains on water are rising in all regions and climate change is aggravating the challenge. When water is unequally shared, or perceived to be, the risk of local and national conflict increases. We are even seeing in some cases the use of water as a weapon of war.

The priority now is to harness national leadership and global partnership to scale up action. Only by ensuring the sustainability of fresh water and access to sanitation for all will we achieve the SDGs. Let us value and treasure water as we value and treasure life itself,” concluded Amina J Mohamed.

Nomvula Mokonyane, Minister of Water and Sanitation in South Africa, stressed that we need to embrace new technologies which support our route towards the realization of the SDGs and that an appreciation must also be given to new world class technologies emanating from Africa. “We cannot afford to continue to do what we did yesterday and expect to see a different result tomorrow. We must be bold!” said Minister Mokonyane.

Mark Watts from C40, an organization that gathers mayors of cities worldwide, told World Water Week participants about the risks that big cities face from climate change and how water is key to mitigation and adaptation efforts.

“We see that water pattern disruption is often the first sign of serious climate impacts and 70 per cent of our member cities tell us that they are already seeing the significant and negative impacts of climate change. 64 per cent of our member cities face significant risk from surface and flash floods, Watts said, adding that water must be part of the climate mitigation programmes, but also a central part of climate adaptation.

World Water Week hosted an event taking stock of water in the implementation of both Agenda 2030 and the Paris Climate Agreement. Addressing the event, Hungarian President János Áder said the world needs a more focused global effort towards tackling water challenges.

Two prizes were awarded during World Water Week. On Tuesday 29 August, Stockholm Junior Water Prize was awarded to Ryan Thorpe and Rachel Chang, USA, for their novel approach to detect and purify water contaminated with Shigella, E. coli, Salmonella, and Cholera. H.R.H. Crown Princess Victoria of Sweden presented the prize. On Wednesday 30 August, the Stockholm Water Prize was awarded to Professor Stephen McCaffrey, USA, for his unparalleled contribution to the evolution and progressive realization of international water law. The prize was presented to by H.M. Carl XVI Gustaf, King of Sweden, patron of the prize, during a ceremony in Stockholm City Hall.

World Water Week 2017 was the 27th edition. The 2018 World Water Week, to be held from 26 to 31 August in Stockholm, will focus on Water, Ecosystems and Human Development

 

About SIWI

SIWI is a water institute, working to improve the way freshwater resources are governed. By combining its areas of expertise with its unique convening power, SIWI influences decision-makers, facilitates dialogue and builds knowledge in water issues, thereby contributing to a just, prosperous and sustainable future for all.

SIWI organizes the world’s most important annual water and development meeting, World Water Week, and it awards the Stockholm Water Prize and Stockholm Junior Water Prize.

Hong Kong Investors May Have to Use Their Real Names When Trading Chinese Stocks

By Jiang Bowen and Leng Cheng

Market watchers say that the Hong Kong Stock Exchange's push for required real-name registration to trade in mainland stocks may open the door to mutual access for more investment products. Above, the Hong Kong Stock Exchange is seen in February 2016. Photo: IC
Market watchers say that the Hong Kong Stock Exchange’s push for required real-name registration to trade in mainland stocks may open the door to mutual access for more investment products. Above, the Hong Kong Stock Exchange is seen in February 2016. Photo: IC

The Hong Kong Stock Exchange might require investors to register with their real names in order to trade stocks under the mutual-access programs that link to the Shanghai and Shenzhen bourses.

On the Chinese mainland, investors must register with their real names and identification numbers with brokerages before they can trade securities. The aim of this longtime policy is to prevent the capital market from becoming a hotbed of money laundering and other illegal and improper activities. However, in Hong Kong, investors are not required to register with real names or identities.

Market watchers see the adoption of real-name management as helping Hong Kong push for mutual access to more investment products with the mainland market. In fact, Hong Kong Exchange CEO Charles Li has repeatedly expressed a desire to expand the connect programs. For now, such mutual access includes stocks, while Hong Kong investors can also trade mainland-listed bonds. But mainland investors cannot trade Hong Kong-listed bonds, at least for now.

“As a major participant of the connect programs, the exchange is actively discussing and studying when and how to launch” real-name registration, a spokesperson for Hong Kong Exchanges and Clearing Ltd. told Caixin on Monday, adding that “if real-name registration is implemented, it will only apply to investors under the Stock Connect program.”

The spokesperson didn’t elaborate how far the discussion has gone and whether there is an expected timeline for an agreement.

For now, investors in Hong Kong who buy more than 5% of a company’s shares through the Stock Connect program are not required to file a disclosure, whereas such a large purchase elsewhere usually does require such a disclosure. The absence of such a Stock Connect rule sows potential risks for stock manipulation due to poor transparency, market watchers say.

The China Securities Regulatory Commission said earlier that Hong Kong investors must register trading accounts on a real-name basis before 2018, if more mutual-trading access on products such as exchange-traded funds or futures are to be opened, the Hong Kong Economic Journal reported citing unnamed sources.

During the stock market turmoil of 2015, China blamed a trading platform for allowing trust companies to open sub-accounts under their trading accounts with securities firms, essentially bypassing the supervision of real-name account trading, as the key culprits that amplified bourse volatility.

The two Stock Connect programs have attracted a total 288.67 billion yuan ($43.55 billion) of capital inflows into Shanghai and Shenzhen stock markets by Tuesday since their establishment, while drawing about 498.39 billion yuan of southbound market funds into Hong Kong’s stock market.

As of Monday, the Hang Seng Index has surged 26% to 27,863.29 points in 2017.

Contact reporter Leng Cheng (chengleng@caixin.com)

source: Caixin

Editor  Xuefei Chen Axelsson ,  chenxuefei7, chenxuefei7@hotmail.com

China’s High Speed Train, World No. 1

By Xuefei Chen Axelsson

STOCKHOLM, Aug. 9(Greenpost)– China’s High Speed Train or Gaotie is really good.  The train number begins with capital letter G as Gaotie, High Speed Train.

High Speed Train in China means the speed is more than 300 kilometers per hour. If it is a little less than 300 kilometers, it is called Dongche or begins with capital letter D.  And if it is fast speed train which means they stop fewer stops, but the speed is still the traditional one, then it begins with K, meaning kuaiche or fast train.

But Gaotie is really another category. It is comparable to airplane.

During my visit to China this summer from June to July for more than a month, I travelled to Beijing, Tianjin, Shanghai, Suzhou, Jinzhou, Shenyang and Dalian. I took Gaotie all the time including Dongche.

They are all very comfortable, very fast, low noise, everyone has a seat and the seat is the same as in the airplane. The space is even broader.

The conductors provide good services and the sanitation is very good. It has air conditions and sometimes, it has a table too.  The comfort can be comparable to the Swedish train, but the speed is really fast.

From Beijing to Tianjin, just half an hour.  Shanghai to Suzhou just takes half an hour.  Shenyang to Dalian just takes two hours.

There are food and water supplies in the train.  You can either eat in the train kitchen or in your own seat.  Hot water is also provided.  With such a speed, people have no sense of stress, but quite relaxed.  The temperature is kept almost permanently 24-26 degrees.

Each time I even lived near the high speed train station. From there, there is often subway stations too. So it is very convenient to travel to any place in the city.

From Tianjin to Shanghai and from Suzhou to Beijing,  both take about five hours, less than half of the previous times.

Compared with airplane, people don’t need to travel far away to the airport.  It just uses public transport, one can arrive there easily.  Of course if you like to drive, you can have parking place there too.

All the high speed stations and waiting rooms are very good.  It is new, convenient and attractive.

I believe if China’s high speed train is built in other developed or developing countries, it will also greatly be conducive to their economic development and improvement of people’s living quality.

It is especially good for business people.  But for ordinary people now many began to take high speed train for their travel because it is still cheaper compared with airplane and it is more importantly comfortable.

2017 China trip- landing in Beijing 1

By Xuefei Chen Axelsson

STOCKHOLM, Aug. 7(Greenpost)– Seven or 7 seems to be my lucky number this year.  My husband, my daughter and I finished our China trip on 2017-07-27. And I like to have a review from today.  Please stay tuned.

London visit paves the way to China

I am a Chinese and I love China no doubt about it. But sometimes I was tired of China. That is why I can live in Sweden for 11 years now and still not too tired yet. Except the first three years, I almost went back to China every year or even twice a year for some years.

Last year, I told my daughter that we all should go to China this summer because it had been three years since they went to China last time.

She said she didn’t want to go simply because Chinese people are too warm to her. They always said she is beautiful, Pretty, Piaoliang.  Since the first time she went to China, she was like a little angel and people queued the long queue to see her.

She is a good mix of Chinese and Swedish. When I was in Harare, Zimbabwe, my German teacher married with a native Zimbabwan and their mixed child was claimed to be the best.  When I was a child, when thinking of having a mixed child, it was almost a curse. But as China opens up and we are more and more in favor of the western culture, my child is very well accepted in China.

However,  she has become a little picky about China. For example, in Beijing in winter it was actually very hot inside the room. Chinese people talked too loud compared with Swedish people and so on.  Although in my eyes it was obvious that we should go to China this summer, they had to discuss it many times. My daughter said she wanted to go to London first in stead of America or China.

I said ok, then you must go to China in the summer! I booked the tickets right after we came back from London.  To be honest, we didn’t visit too much of London. Except Crystal Palace and Queens Hotel, we didn’t go to London Tower or Big Ben. But that turned out to be good.

My daughter always mentioned her London trip and wanted to go again because she lived in Queens Hotel!

Visiting China will use the same strategy. Not visit famous tourist sites, but just stay in hotels or at home to relax. Take a walk in the park nearby and doing nothing normal.

Coming back from Shanghai, my brother in law asked whether we had been to the tallest building in Shanghai, I said please don’t ask us about the most popular place!

Eight hours flight didn’t seem to be too long because we not only ate two Chinese meals with just right amount for our stomach, but also watched films.

Jackie Chan played a professor and found a gold treasure in India.  With the shuttle of time and the beauty of actresses, especially the part when Jackie Chan was driving with the big lion, it killed all our sleepiness!

Air China is very comfortable and just after a couple of times of travelling, I decided to fix Air China as my flight because I don’t like to save some money but to travel through Amsterdam, Copenhagen or Helsinki to spend at least three or four extra hours. Once I and my daughter travelled via Amsterdam, we had to stay one night at the airport and the next day we had to travel to Heathrow Airport in order to go to Stockholm! Enough is enough.  I’d rather spend a little more money to fly direct than go round about.

Chinese girls are beautiful and nice and it is very good that they both speak English and Chinese.  As time goes by, I like to save my energy as much as possible.

Beijing Airport is the same as before.  It is large, broad and bright. It was due to the 2008 Olympics, Beijing Airport was improved. Immediately you can feel the water saving facilities in the toilet.  All the water tap used sensing devices.  Without sensing, no water comes out!

It was easy because I put a smaller suitcase inside the big suitcase just in order to use them when we went back to Stockholm.  There were so little things we could take from Sweden to China.  When coming back, we have a lot to take.

As we came out of the customs, my sister and brother in law showed up to receive us.  She just bought a BMW last summer after she came back from Indonesia where she worked for two years.  I suggested she buy Volvo, but she chose the landrover BMW in the end. She wanted to drive in the countryside or tourist sites in suburban Beijing.

I felt privileged to have them receive us.  If I were alone, I would like to take the fast train or subway to go home.

It was my brother in law who drove the car. He drove a car in Namibia when we were both working in Africa.  Later he turned out to become my brother in law.  The world was actually not big.  After going around the globe for  a whole round, I came to Sweden from New Zealand.

Arriving at home, I felt hungry. My brother in law cooked dumplings for us and we ate a lot together with dried Toffo salad.  Then we had a sleep which can be counted as 24 hours because we slept almost in a stretch to next day and next day. The room was hot and it felt like a free sauna! Sweat streams out easily out of forehead and neck.

Beijing, a warm Beijing warmly welcomed us!

A far more cleaner Beijing is waiting for us!

I feel very glad because I look forward to seeing many of my friends, classmates and most importantly my parents, my father, 84 and my mother 74! PLUS THEIR GRANDSON, 2.5 years old!

China is willing to work with all parties in the Arctic

By Xuefei Chen Axelsson

STOCKHOLM, Aug. 7(Greenpost)–China is willing to facilitate maritime transport and work with all parties in the Arctic. Exchanges and coordination with relevant countries are encouraged in this area. Closer cooperation will be carried out to improve the market environment for international transportation and to facilitate maritime transportation. China is willing to enhance customs cooperation with countries along the Road, and to promote information exchange, mutual recognition of customs regulations,and mutual assistance in law enforcement, according to a vision issued by China’s NDRC on June 20, 2017.

Strengthening the connectivity of information infrastructure and networks. Information networks will be improved in countries along the Road by jointly building a system with broad coverage for information transmission, processing, management and application, a system for information standards and specifications, and a network security system, thus providing public platforms for information sharing.

Participating in Arctic affairs. China is willing to work with all parties in conducting scientific surveys of navigational routes, setting up land-based monitoring stations, carrying out research on climatic and environmental changes in the Arctic, as well as providing navigational forecasting services. China supports efforts by countries bordering the Arctic in improving marine transportation conditions, and encourages Chinese enterprises to take part in the commercial use of the Arctic route. China is willing to carry out surveys on potential resources in the Arctic region in collaboration with relevant countries, and to strengthen cooperation in clean energy with Arctic countries. Chinese enterprises are encouraged to join in sustainable exploration of Arctic resources in a responsible way. China will actively participate in the events organized by Arctic-related international organizations.

Source: Xinhuanet

Full text: Vision for Maritime Cooperation under the Belt and Road Initiative

STOCKHOLM, Aug. 7(Greenpost) –BEIJING, June 20 (Xinhua) — China on Tuesday released a document titled Vision for Maritime Cooperation under the Belt and Road Initiative, to synchronize development plans and promote joint actions among countries along the 21st Century Maritime Silk Road.

The following is the full text of the document.

Vision for Maritime Cooperation under the

Belt and Road Initiative

In 2013, President Xi Jinping raised the initiative of jointly building the Silk Road Economic Belt and the 21st Century Maritime Silk Road (hereinafter referred to as the Belt and Road Initiative). In 2015, China issued The Vision and Actions on Jointly Building the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which suggests promoting policy coordination, connectivity of infrastructure and facilities, unimpeded trade, financial integration and people-to-people bonds, adhering to the principle of achieving shared growth through discussion and collaboration in propelling the Belt and Road construction. This proposal has garnered widespread attention and support from the international community.

With a view to synchronizing development plans and promoting joint actions amongst countries along the Maritime Silk Road, setting up the all-dimensional, multi-tiered and broad-scoped Blue Partnership, jointly protecting and sustainably utilizing marine resources to achieve harmony between man and the ocean for common development and enhancement of marine welfare, the National Development and Reform Commission (NDRC) and the State Oceanic Administration (SOA) hereby issue The Vision for Maritime Cooperation under the Belt and Road Initiative (hereinafter referred to as the Vision) to build a peaceful and prosperous 21st-Century Maritime Silk Road.

I.Background

The oceans comprise the largest ecosystem on earth, contributing valuable assets for human survival and a common arena for sustainable development. As globalization and regional economic integration progress, oceans have become a foundation and bridge for market and technological cooperation and for information sharing. Developing the blue economy has become an international consensus, ushering in a new era of increased focus and dependence upon maritime cooperation and development. As the saying goes, “Alone, we go faster; together, we go further.” Conforming with the prevailing trend of development, openness and cooperation, strengthening maritime cooperation contributes to closer links between world economies, deeper mutually beneficial cooperation, and broader space for development. Enhancing maritime cooperation also enables various countries to jointly tackle challenges and crises, thus promoting regional peace and stability.

China advocates the Silk Road Spirit – “peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit”, and exerts efforts to implement the United Nations 2030 Agenda for Sustainable Development in the field of coasts and oceans. China is willing to work closely with countries along the Road, engage in all-dimensional and broad-scoped maritime cooperation and build open and inclusive cooperation platforms, and establish a constructive and pragmatic Blue Partnership to forge a “blue engine” for sustainable development.

II. Principles

Shelving differences and building consensus. We call for efforts to uphold the existing international ocean order, and to respect diversified concepts of ocean development in the countries along the Road. Concerns of all parties involved will be accommodated, differences bridged, common ground sought and consensus achieved.

Openness, cooperation and inclusive development. We advocate further opening up the market, improving the investment environment, eliminating trade barriers and facilitating trade and investment. Mutual political trust will be sought, inter-civilizational dialogue strengthened, and inclusive development and harmonious coexistence promoted.

Market-based operation and multi-stakeholder participation. We abide by market rules and international norms, giving play to the primary role of enterprises. We encourage the creation of stakeholder partnerships and promote the broad participation of governments, international organizations, civil society, and industrial and commercial sectors in ocean cooperation.

Joint development and benefits sharing. We respect the will of the countries along the Road, take into account the interests of all parties and give play to the comparative strengths of each. We will plan together, develop together and share the fruits of cooperation. Together, we will help developing countries eradicate poverty and foster a community of shared interests.

III.Framework

Leveraging the ocean as the basis for enhancing common welfare, with the theme of sharing a blue space and developing the blue economy, China encourages countries along the Road to align their strategies, further all-around and pragmatic cooperation, and to jointly build unobstructed, safe and efficient maritime transport channels. Together we will build platforms for maritime cooperation and develop the Blue Partnership, pursuing a path of harmony between man and the ocean, characterized by green development, ocean-based prosperity, maritime security, innovative growth and collaborative governance.

In line with the priorities of the 21st Century Maritime Silk Road, China will deepen ocean cooperation by fostering closer ties with countries along the Road, supported by the coastal economic belt in China. Ocean cooperation will focus on building the China-Indian Ocean-Africa- Mediterranean Sea Blue Economic Passage, by linking the China-Indochina Peninsula Economic Corridor, running westward from the South China Sea to the Indian Ocean, and connecting the China-Pakistan Economic Corridor (CPEC) and the Bangladesh-China-India-Myanmar Economic Corridor (BCIM-EC). Efforts will also be made to jointly build the blue economic passage of China-Oceania-South Pacific, travelling southward from the South China Sea into the Pacific Ocean. Another blue economic passage is also envisioned leading up to Europe via the Arctic Ocean.

IV. Cooperation Priorities

Based on priorities to build a mutually-beneficial Blue Partnership, efforts will be made to innovate our approaches for cooperation, set up new cooperative platforms, jointly develop action plans, and implement demonstrative and inspiring cooperative projects. Together, we will embark on a path of green development, ocean-based prosperity, maritime security,innovative growth and collaborative governance.

4.1 Green development

Ensuring the health of the ocean contributes to improving human well-being for present and future generations. China proposes that countries along the Road jointly undertake marine ecological conservation and provide high quality marine ecological services, thus safeguarding global marine ecological security.

Safeguarding marine ecosystem health and biodiversity. Pragmatic cooperation will be strengthened to protect and restore the marine ecosystems and to conserve rare and endangered species. Mechanisms for long-term cooperation will be promoted and cross-border marine ecological corridors built. Efforts will be undertaken to jointly monitor, evaluate, preserve and restore the health of mangroves, sea-grass beds, coral reefs, island ecosystems and coastal wetlands. International forums on coastal wetlands will also be held.

Promoting the protection of regional marine environment. Cooperation will be enhanced in addressing marine pollution, marine litter and ocean acidification, and in red tide monitoring and pollution emergency responses. Mechanisms will be set up for cooperation in relevant areas, collaborative assessments of the marine environment carried out, and status reports of the marine environment jointly issued. A China-ASEAN cooperation mechanism for marine environmental protection will be established, and cooperation implemented under the framework of the China-ASEAN Environment Cooperation Strategy and Action Plan. Countries along the Road are encouraged to jointly launch and implement the Plan of Green Silk Road Envoys.

Strengthening cooperation in addressing climate change. Demonstration projects for recycling and low carbon development in maritime sectors will be encouraged. China is willing to support small island states in adapting to climate change, and to provide technical assistance in response to marine disasters, sea level rise, coastal erosion and marine ecosystem deterioration. Support will also be provided to the countries along the Road in conducting island and coastal surveys and assessments.

Strengthening international blue carbon cooperation. China proposes the 21st Century Maritime Silk Road Blue Carbon Program to monitor coastal and ocean blue carbon ecosystems, develop technical standards and promote research on carbon sinks, launch the 21st Century Maritime Silk Road Blue Carbon Report, and to establish an international Blue Carbon forum and cooperation mechanism.

4.2 Ocean-based prosperity

Promoting development and eradicating poverty are the common aspirations of the people along the Road. Countries along the Road are encouraged to give full play to their comparative advantages in sustainably utilizing marine resources, enhancing interconnectivity and promoting the blue economy for a shared future.

Enhancing cooperation on marine resource utilization. China is willing to work with countries along the Road to jointly survey and develop inventories and banks for marine resources. China is prepared to provide technical assistance to countries along the Road in drafting plans for sustainably utilizing marine resources. Enterprises are encouraged to participate in marine resource utilization in a responsible way.Participation is also encouraged in the surveys and assessments of marine resources organized by the international organizations.

Upgrading marine industry cooperation. China will join in efforts by countries along the Road in establishing industrial parks for maritime sectors and economic and trade cooperation zones, and promote the participation of Chinese enterprises in such endeavors. Demonstration projects for developing the blue economy will be implemented, and developing countries along the Road will be supported in mariculture to improve livelihoods and alleviate poverty. China will also work with countries along the Road in developing marine tourism routes and high-quality tourism products, and in setting up mechanisms for tourism information sharing.

Promoting maritime connectivity. Efforts are needed to strengthen international maritime cooperation, improve shipping service networks among countries along the Road, and to jointly establish international and regional shipping centers. Countries along the Road are encouraged to enhance cooperation through pairing sister ports and forging port alliances. Chinese enterprises will be guided to participate in the construction and operation of ports. Projects for the planning and construction of submarine cables will be jointly advanced to improve connectivity in international communications.

Facilitating maritime transport. Exchanges and coordination with relevant countries are encouraged in this area. Closer cooperation will be carried out to improve the market environment for international transportation and to facilitate maritime transportation. China is willing to enhance customs cooperation with countries along the Road, and to promote information exchange, mutual recognition of customs regulations,and mutual assistance in law enforcement.

Strengthening the connectivity of information infrastructure and networks. Information networks will be improved in countries along the Road by jointly building a system with broad coverage for information transmission, processing, management and application, a system for information standards and specifications, and a network security system, thus providing public platforms for information sharing.

Participating in Arctic affairs. China is willing to work with all parties in conducting scientific surveys of navigational routes, setting up land-based monitoring stations, carrying out research on climatic and environmental changes in the Arctic, as well as providing navigational forecasting services. China supports efforts by countries bordering the Arctic in improving marine transportation conditions, and encourages Chinese enterprises to take part in the commercial use of the Arctic route. China is willing to carry out surveys on potential resources in the Arctic region in collaboration with relevant countries, and to strengthen cooperation in clean energy with Arctic countries. Chinese enterprises are encouraged to join in sustainable exploration of Arctic resources in a responsible way. China will actively participate in the events organized by Arctic-related international organizations.

4.3 Maritime security

Maritime security is a key assurance for developing the blue economy. Efforts will be made to promote the concept of common maritime security for mutual benefits. Cooperation in maritime public services, marine management, maritime search and rescue, marine disaster prevention and mitigation and maritime law enforcement will be strengthened in order to enhance capacities for minimizing risks and safeguarding maritime security. [ Strengthening cooperation in maritime public services. China proposes an initiative for jointly developing and sharing maritime public services along the Road, encouraging countries to jointly build ocean observation and monitoring networks, sharing the results of marine environmental surveys, and providing assistance to developing countries in this area. China is willing to strengthen cooperation in the application of the BeiDou Navigation Satellite System and remote sensing satellite system to provide satellite positioning and information services.

Cooperation on maritime navigation security. China will shoulder its due international obligations, participate in bilateral and multilateral maritime navigation security and crisis-control mechanisms, and work with all parties to combat non-traditional security issues such as crimes on the sea.

Conducting joint maritime search and rescue missions. Under the frameworks of international conventions, China will shoulder its due international obligations, and strengthen information exchange and collaboration in joint search and rescue missions with countries along the Road. Countries are encouraged to expand cooperation in exchange visits, information sharing, personnel training and joint drills in order to enhance capacities in dealing with emergencies at sea including major disasters and security threats to tourists.

Jointly enhancing capabilities to prevent and mitigate marine disasters. We propose jointly setting up marine disaster warning systems in the South China Sea, the Bengal Sea, the Red Sea and the Gulf of Aden, and suggest jointly developing marine disaster warning products for transportation, escort, disaster prevention and mitigation. The IOC South China Sea Tsunami Advisory Center(SCSTAC) will play an active role in providing services to neighboring countries. Efforts will be made to work with countries along the Road to build cooperative mechanisms, set up training centers, conduct joint research and applications in marine disaster prevention and catastrophe response, and to provide technical assistance for countries along the Road.

Strengthening cooperation in maritime law enforcement. Dialogue with countries along the Road will be intensified and differences managed. Maritime law enforcement will be boosted under bilateral and multilateral frameworks. Cooperative mechanisms for joint maritime law enforcement, fishery law enforcement, and anti-terrorism and anti-violence on the sea will be developed and improved. Liaison networks for maritime law enforcement will be established and emergency plans developed through collective efforts. Exchanges and cooperation among the maritime law enforcement agencies of countries along the Road will be promoted, and necessary assistance provided for training.

4.4 Innovative growth

Innovation is one of the main drivers for the sustainable development of ocean-based economies. Efforts will be undertaken to improve cooperation in the fields of marine scientific research, education and training, and cultural communications, in order to enhance understanding of the ocean, facilitate the application of scientific and technological innovations, and to garner public support for intensifying ocean cooperation.

Furthering cooperation in marine scientific research and technological development. Together with countries along the Road, China will launch a Marine Science and Technology Cooperation Partnership Initiative, jointly survey and research the key waters and passages along the Road, forecast anomalies and assess impacts by researching the interactions between monsoons and the ocean, and by conducting geoscience surveys of the continental margin of the Indian Ocean. Further efforts will be undertaken to intensify cooperation in the fields of marine survey, observation technologies, renewable energy, seawater desalination, marine bio-pharmacy, seafood technology, drones and unmanned vessels. Cooperation in mutual recognition of marine technological standards and technology transfer will also be boosted. Scientific research institutions are encouraged to develop partnerships with enterprises in establishing oversea bases for the demonstration and promotion of marine technology.

Building platforms for marine technology cooperation. Together with countries along the Road, China will build platforms for the sharing of marine research infrastructure, data and technic resources, and marine technological cooperation parks. Efforts will be undertaken to facilitate the development of the APEC Marine Sustainable Development Center, the East Asia Marine Cooperation Platform, the China-ASEAN Marine Cooperation Center, the China-ASEAN College of Marine Sciences, the China-PEMSEA Sustainable Coastal Management Cooperation Center, the China-Malaysia Joint Marine Research Center, the China-Indonesia Center for Ocean and Climate, the China-Thailand Joint Laboratory for Climate and Marine Ecosystem, the China-Pakistan Joint Marine Scientific Research Center, and the China-Israel Seawater Desalination Joint Research Center, so as to improve our capacity to achieve innovation in marine technology.

Jointly building smart ocean application platforms. Marine data and information sharing among different countries will be heightened and cooperative mechanisms and networks set up among marine databases. Countries are encouraged to work together on marine data re-analysis and application, to build the Center for Marine Meteorological and Oceanographic Climate Data, and jointly develop marine big data and cloud platform technologies so as to launch public information sharing platforms serving socio-economic development.

Conducting marine education and cultural exchange. The Marine Scholarship Program will enjoy continued funding from China, and more individuals from the countries along the Road will come to China for research and training. Efforts will be undertaken to implement marine knowledge and cultural exchange and integration programs. Coastal cities in China are encouraged to launch sister city partnerships with counterparts in the countries along the Road. Efforts will be undertaken to enhance exchange and cooperation with non-profit marine organizations and science education organizations. The Matsu folk culture will be promoted and the world Matsu marine culture center set up. Cooperation in marine cultural heritage protection and underwater archaeology and excavation will be promoted. The Ocean Culture Year and the Ocean Arts Festival will be held in countries along the Road to celebrate the Maritime Silk Road’s spirit of friendly cooperation throughout the ages.

Joint promotion of ocean related culture. Media cooperation will be enhanced via cross border interviews and other efforts, in order to develop a media “circle of friends”. We will collaborate on maritime art creation to present the local customs and lifestyles of countries along the Road, thus laying a solid foundation of public support.

4.5 Collaborative governance

The Blue Partnership is an effective way for promoting ocean cooperation. Efforts will be undertaken to promote policy coordination, deepen common understanding, enhance mutual political trust, build bilateral and multilateral cooperative mechanisms and to jointly participate in ocean governance, in order to provide the institutional framework for ocean cooperation.

Developing high-level dialogue mechanisms for marine affairs. China will work with countries along the Road to set up coordination and dialogue mechanisms at different levels and through multiple channels to formulate instruments for inter-governmental and inter-departmental cooperative, including action plans and roadmaps, and to promote major cooperative programs. Joint efforts will be undertaken towards developing high-level dialogue mechanisms among countries along the Road with the mission of implementing action plans and addressing major issues. The China-Small Island States Ocean-related Ministerial Round Table Meeting and the China-South Europe Marine Cooperation Forum will be held as planned.

Developing mechanisms for cooperation in blue economy. The Global Blue Economy Partnership Forum will be launched to promote new concepts and best practices of the blue economy, and to boost marine industrial integration and capacity cooperation. Efforts will also be undertaken to jointly develop international blue economy classification standards, and to release reports on blue economy development. Ocean-related public finance products will be explored to support the development of the blue economy.

Jointly conducting marine spatial planning and application. Cross-border marine spatial planning for blue growth will be promoted, common principles and technical standards implemented, and best practices and evaluation methods shared. China is willing to provide technical assistance in marine spatial planning for countries along the Road, and to jointly build an international forum on marine spatial planning.

Strengthening cooperation through multilateral mechanisms. The Chinese government supports the development of mechanisms for ocean cooperation and the formulation of policies and rules under the Asia Pacific Economic Cooperation (APEC), the East Asia Leaders’ Meetings, the China-Africa Cooperation Forum and the China-Pacific Island Countries Economic Development and Cooperation Forum. China will boost cooperation with multilateral cooperative organizations and support the Intergovernmental Oceanographic Commission of UNESCO (IOC/UNESCO), the Partnership in Environment Management of Seas of East Asia (PEMSEA), the Indian Ocean Rim Association, and the International Ocean Institute in jointly organizing and promoting major programs and projects.

Enhancing cooperation among think tanks. Dialogue and exchange among the think-tanks of the countries along the Road will be encouraged, joint research on the alignment of strategies and policies undertaken, and major initiatives launched, in order to provide intellectual support for the 21st Century Maritime Silk Road. China supports domestic think-tanks in developing strategic partnerships with counterparts along the Road and relevant international organizations in efforts to set up a 21st Century maritime Silk Road think-tank alliance.

Strengthening cooperation among non-governmental organizations. Ocean-related public services, academic workshops, cultural exchanges, technological cooperation and knowledge dissemination are encouraged among NGOs along the Road as a complement to intergovernmental efforts, in order to enhance global ocean governance.

V. China in Action

Since the implementation of the Belt and Road Initiative three years ago, the Chinese government has been actively seeking ocean cooperation with countries along the Road and has achieved steady progress.

High-level guidance and facilitation. With the leaders of relevant states bearing witness, China has signed intergovernmental agreements, MOUs and joint statements for ocean cooperation with countries such as Thailand, Malaysia, Cambodia, India, Pakistan, the Maldives and South Africa. We have made efforts in synching strategies and building extensive partnerships with countries along the Road.

Boosting the role of cooperation platforms. Under mechanisms such as APEC, the East Asian Leaders’ Meetings, and the China-ASEAN Cooperation Framework, we have launched consultations on maritime affairs and established dialogue and cooperation platforms including the Blue Economy Forum, the Seminar on Marine Environmental Protection, the Ocean Cooperation Forum, the China-ASEAN Marine Cooperation Center, and the East Asian Ocean Cooperation Platform. A series of Maritime Silk Road related activities, including the 21st Century Maritime Silk Road Expo, the Maritime Silk Road International Art Festival and the Global Matsu Maritime Culture Forum, have been held in succession, thereby promoting understanding, building consensus and enhancing ocean cooperation.

Increasing financial investment. The Chinese government has mobilized domestic resources and set up the China-ASEAN Maritime Cooperation Fund and the China-Indonesia Maritime Cooperation Fund. We have also implemented The Framework Plan for International Cooperation for the South China Sea and its Adjacent Oceans. Meanwhile, the Asian Infrastructure Investment Bank and the Silk Road Fund have provided capital support for major ocean cooperation programs.

China’s regions promoting opening-up. In the spirit of enhancing pragmatic cooperation with countries along the Road, the Chinese government has encouraged economic zones such as the Bohai Rim, the Yangtze River Delta, the west coast of the Taiwan Straits, the Pearl River Delta and coastal port cities, to leverage local advantages and further open up. The Chinese government has supported the Fujian Province in becoming a core area of the 21st Century Maritime Silk Road, and promoted the development of the Zhejiang Marine Economy Development Demonstration Zone, the Fujian Marine Economic Pilot Zone and the Zhoushan Archipelago New Area. Efforts have also been made to promote Hainan Province as an international tourism island, and to establish demonstration zones for marine economic development and demonstration cities for ocean-based innovative growth.

Projects being implemented. Progress has been achieved in implementing a series of programs and projects, including the Malaysia Malacca Seaside Industrial Park, the Pakistan Gwadar Port, the port+industrial park+city mode of integrated development of the Kyaukpyu port in Myanmar, the Colombo Port City and the Phase II Hambantota Port Project in Sri Lanka,the railway linking Ethiopia and Djibouti, the railway between Mombasa and Nairobi in Kenya, and the Piraeus port in Greece. China is collaborating with the Netherlands in developing offshore wind power generation and with Indonesia, Kazakhstan and Iran in implementing seawater desalination projects. The connectivity of submarine communication has been remarkably enhanced and the Asia-Pacific Gateway (APG) submarine optical fiber cable is officially up and running. The industrial parks in China’s Qinzhou and Malaysia’s Kuantan, the Sihanoukville Special Economic Zone in Cambodia and the Suez Economic and Trade Cooperative Zone in Egypt, are currently under construction, and have achieved remarkable progress.

Looking ahead, the Chinese government will work in good faith and with the utmost sincerity to promote ocean cooperation with countries along the Road. We look forward to creating opportunities, meeting challenges, and seeking common development. Let us cherish our ocean, work together to protect our blue home, and collectively draw up the blueprint for the 21st Century Maritime Silk Road.

Source : Xinhuanet

Editor  Xuefei Chen Axelsson