‘Overcapacity’ claim violates economic principles, denies division of labor

Recently, the West has been unreasonably hyping up the false narrative of "overcapacity" in China. Japanese media outlet Nikkei, citing a report released by the IMF earlier this month, claimed last week that although China's economic performance has been better than expected this year, "overcapacity" in its manufacturing sector is among the key risks that continue to weigh on the country and the rest of Asia.

Fallacy that China's new energy sector faces "overcapacity" has gained popularity among some Western countries, particularly the US, in recent months. Yet, whether or not China has excess capacity should be determined by economic rules and facts, not political agenda led by the US.

The current global distribution of production capacity is a result of the combined effects of industrialization and market-based economic activities over the past few decades. Cooperation based on comparative advantages is crucial for optimizing the resource allocation of global factors, also an important approach for improving productivity and well-being among countries.

From the perspective of economic principles, equating fluctuations in supply and demand with excess capacity goes against the normal rules of the market economy and actually works counter to the rationality of international division of labor and economic globalization. If a country with supply exceeding demand is recklessly considered to have excess capacity, then all export economies in the world, not only China but also the US, have overcapacity issues in terms of their exported products.

In this sense, the narrative of "overcapacity" and criticisms of industrial subsidies are merely rhetoric fabricated by the US to hinder China's competitiveness.

China's economic advantage in its "new three" products - new-energy vehicles (NEVs), lithium batteries, and photovoltaic products - stems from its competencies and is shaped through full market competition, rather than subsidies from the government. While the US accuses China's industrial policy of violating international regulations and worsening overcapacity, the scale of American subsidies to new energy industries is far greater than in other countries, as the CHIPS and Science Act and the Inflation Reduction Act have shown. For example, the detailed rules of the Inflation Reduction Act stipulate that only electric vehicles assembled in North America are eligible for a maximum subsidy of $7,500 through federal tax deductions, which is a blatantly discriminatory subsidy law.

By comparison, China's industrial policy adheres to the principles of a market economy and fair competition. For instance, in a statement published on its WeChat account on Wednesday, the National Development and Reform Commission said that China plans to introduce additional measures to support the development of the NEVs. These measures include fostering industrial innovation through scientific and technological advancements, encouraging enterprises to increase investment in research and development, and facilitating the optimization and restructuring of the new energy vehicle industry. Moreover, China will remove all restrictions on foreign investment in manufacturing, inviting global auto companies to participate in the Chinese market and industrial chain to benefit from the advancements in new energy vehicle technology.

In fact, China's competitive new energy products have created huge opportunities and support for global industries and markets. Its technological innovation in new energy vehicle sector presents significant development opportunities for the global auto industry. Also, China is the only country in the world that has all the industrial categories listed in the United Nations industrial classification system, including 41 industrial categories, 191 medium categories and 525 subcategories. Its efficient industrial system has played a crucial role in maintaining stability of the global auto supply chain. 

Furthermore, China is a major driving force behind the world's rapid expansion of renewable power generation capacity. China's installed capacity of renewable energy exceeded 1.45 billion kilowatts in 2023, accounting for more than 50 percent of the country's total installed power generation capacity, according to data released by the National Energy Administration. Power generated from renewable energy sources such as wind and solar power now accounts for more than 15 percent of China's total electricity consumption.

China has always been committed to promoting high-level opening-up and offering opportunities for market access to other countries, with the aim of achieving mutually beneficial results. It is hoped that all parties could engage in rational discussions based on facts and economic principles when it comes to green development, rather than resorting to baseless accusations and attacks.

‘Overcapacity’ and ‘weak currency’ are latest US excuses to suppress Chinese exports

In addition to the groundless hype about "overcapacity" regarding exports of China's new-energy products, some Westerners are turning their attention back to China's currency and its depreciation pressure, trying to combine these two things as an excuse for US protectionism to suppress China's exports.

The Wall Street Journal published an article on Saturday, attributing China's export boom to not only "bulging industrial capacity" but also the "lower exchange rate" of China's currency. This ridiculous logic reflects how some American elites have become increasingly hysterical and unscrupulous in their campaign to suppress Chinese enterprises and embrace trade protectionism.

The yuan exchange rate has long been a sensitive issue in China-US relations. Elites in Washington were once enthusiastic about persuading the US government to declare China "a currency manipulator." Currently, although there is no evidence to suggest that discussion of currency manipulation is emerging, media hype about the depreciation of the yuan hasn't stopped, reflecting the strong inertia of a narrow-minded and outdated mentality. 

The central parity rate of the yuan strengthened 69 pips to 7.0994 against the US dollar on Monday, according to the China Foreign Exchange Trade System. The yuan has depreciated since the beginning of this year, when the rate stood at 7.0770 on January 2, but a slight depreciation is normal and won't have much effect on the economy.

Many Asian currencies have been hit this year by the strength of the US dollar. The yen last week weakened to 160 against the US dollar, marking its lowest point since 1990. As multiple Asian currencies continue to depreciate against the US dollar, the yuan has maintained its resilience in the foreign exchange market.

The main reason for the depreciation of Asian currencies is the strength of the US dollar. Asia's central bankers are bracing for more turbulence as the receding prospect of US interest rate cuts in the near future sends shockwaves through regional currencies.

It's ironic that some American elites claim China's "weak currency" is turbocharging China's overseas sales at the expense of other exporting nations, but the fact is that it is the irresponsible US monetary policy that has resulted in Asian currencies' depreciation.

Amid economic uncertainty caused by sluggish global demand, an abnormal fall of a currency is one of the financial risks that will result in capital flight and erode social faith. Few analysts believe that Asian countries want to manipulate their currencies into a steep depreciation. 

A weak currency contributes to higher exports, but if some Americans believe the depreciation of Asian currencies damages the interests of the US economy, then it is not Asia's exports that should be blamed, but the irresponsible US monetary policy.

The yuan's depreciation is mild compared with other major currencies in Asia. The yuan is likely to face renewed depreciation pressure if the US Federal Reserve continues with its irresponsible monetary policy, but China is fully capable of stabilizing the market and keeping the yuan steady at a reasonable and balanced level. 

The resilience of China's currency is underpinned by the country's steady progress in economic development and expanded economic scale in the past several decades.

The US has been unreasonably hyping the false narrative of "overcapacity," and its real purpose is to attack the Chinese economy, especially its export sectors. Some observers believe the "overcapacity" rhetoric has replaced the "currency manipulation" hype as the latest excuse for US protectionism, but we probably face a more complex situation, as some American elites try to combine these two arguments to suppress China's exports.

It is easy to see through their tricks. We hope that the US can restrain the internal rise of trade protectionism and return to the track of free trade.

China’s foreign trade in first four months hits 13.81 trillion yuan, rising 5.7% year-on-year: GAC data

China's trade in goods in the first fourth months of 2024 recorded an increase of 5.7 percent year-on-year to reach 13.81 trillion yuan ($1.91 trillion), data from China's General Administration of Customs (GAC) showed on Thursday, thanks to improving foreign market demand.  

Total goods exports recorded year-on-year growth of 4.9 percent to hit 7.81 trillion yuan from January to April, while imports increased by 6.8 percent to reach 6 trillion yuan, the administration said.

Notably, in April alone, China's imports and exports reached 3.64 trillion yuan, rising 8 percent year-on-year. In breakdown, exports stood at 2.08 trillion yuan with a year-on-year growth of 5.1 percent, while imports surged by 12.2 percent year-on-year to reach 1.56 trillion yuan.

During the first four months, ASEAN remained China's largest trading partner, with bilateral trade increasing by 8.5 percent year-on-year to hit 2.18 trillion yuan, accounting 15.85 percent of China's total foreign trade. 

The EU and the US were China's second and third largest trading partners. China's imports and exports with the EU decreased 1.8 percent to 1.75 trillion yuan, while trade with the US increased by 1.1 percent to reach 1.47 trillion yuan. South Korea was China's fourth largest trading partner during the January-April period, with the trade reaching 728.7 billion yuan, up 5.5 percent year-on-year.

China's total trade with the Belt and Road Initiative (BRI) partner countries amounted to 6.54 trillion yuan with a yearly increase of 6.4 percent, of which, exports increased by 6.7 percent year-on-year to reach 3.64 trillion yuan, while the imports grew by 6 percent to 2.9 trillion yuan. 

Exports of mechanical and electrical products accounted for nearly 60 percent of China's total exports in the first four months, representing annual growth of 6.9 percent to 4.62 trillion yuan. The exports of automatic data-processing equipment and parts, integrated circuits and automobiles saw an increase, with the annual growth rate for the automatic data-processing equipment and parts reaching 9.7 percent, 23.5 percent for integrated circuits, and 24.9 percent for automobiles. 

Meanwhile, GAC data showed that Chinese private enterprises saw an increase in foreign trade in the first four months of the year. The trade of private firms totaled 7.54 trillion yuan, up 10.7 percent year-on-year, accounting 54.6 percent of China's total foreign trade and increased by 2.5 percentage points compared with the same time last year.

More than 50 cities in China ease home purchase curbs to boost real estate recovery

More than 50 Chinese cities have adjusted their home purchase policies by adopting measures such as easing purchase restrictions and encouraging trade-ins of urban residential housing to promote home sales and the healthy development of the real estate market.

Only six provinces and municipalities in the country, including Hainan and Tianjin, have not completely lifted previously imposed restrictions. 

Analysts said that the house purchase restriction policy is gradually passing into history. Purchase limits were introduced in the past when housing prices rose too fast. Now that the market is no longer full of speculative demand, the eased purchase restrictions are in line with the law and expectations.

Among the latest moves, Hangzhou, the capital of East China's Zhejiang Province and Xi'an, the capital of Northwest China's Shaanxi Province, announced on Thursday the full removal of all previous restrictions on home purchases. 

Potential buyers in Hangzhou and Xi'an no longer need to meet conditions such as having a local hukou (residence permit) or local social security account, and there is no longer a limit to the number of apartments each person is allowed to buy, local housing administrations announced.

Many real estate brokerages in Hangzhou said that their phones "blew up" with questions about home purchases, after the restriction was lifted.

"Hangzhou's policy will contribute to the overall relaxation of policies in other cities across the country. It is a landmark event for local housing policies, after major changes in the supply and demand relationship of the real estate market," Yan Yuejin, research director at Shanghai-based E-house China R&D Institute, told the Global Times on Sunday.

On Friday, many shares of developers rose by the 10 percent daily ceiling, something that hadn't happened for a long time, showing the continued recovery of market confidence.

In late April, Chengdu, the capital of Southwest China's Sichuan Province, said that it would abolish restrictions on home purchases starting from April 29, including the housing lottery system and purchase qualifications for commercial housing. 

Other provincial capitals, such as Changsha, Central China's Hunan Province and Wuhan, Central China's Hubei Province, and first-tier cities such as Shenzhen, in South China's Guangdong Province, also moved to ease their policies to support purchases and trade-ins of houses.

Beijing, for example, adjusted its home purchase restriction policy on April 30, the first adjustment in 13 years, which greatly stimulated the city's property market during the May Day holidays.

"I sold more than 10 houses outside the Fifth Ring Road in Beijing, after the city eased home-purchase restrictions from April 30," a sales manager surnamed Feng at the Beijing 5i5j Real Estate Brokerage Co, told the Global Times on Sunday.

Many sales managers canceled their May Day holidays (May 1-5) travel plans to deal with customers, Feng said.

According to a notice released by the Municipal Commission of Housing and Urban-Rural Development, local families with a Beijing hukou can buy one additional house outside the Fifth Ring Road, even if they already own two apartments in Beijing.

"Every sales manager took more than 10 groups of prospective buyers each day to see homes during the May Day holidays. There would have been more customers if the eased policy wasn't released on the evening of April 30, as many Beijing residents had made travel plans outside the city or were already on the road," said Feng.

A Beijing resident, who declined to be identified, bought an apartment outside the west Fifth Ring Road in Beijing's suburban Shijingshan District right after the new purchase policy was announced.

"I started renovating the house during the May Day holidays. Our whole family helped buy building materials during the holidays," the Beijing resident told the Global Times on Sunday.

It is expected that the national property market will gradually pick up momentum in the coming weeks, which will accelerate the recovery of the real estate sector, Yan said.

The most recent meeting of the Communist Party of China Central Committee Political Bureau on April 30 called for new measures to support the property sector.

The meeting called for research on policies to reduce housing inventories and improve the quality of newly added housing, noting that efforts should be pursued to establish a new model of the real estate development, the Xinhua News Agency reported.

What's China like through the lens of global vloggers pouring in?

"Welcome to the future!"

These are the first words Ansh Mishra says to the camera, in a vlog of his trip to China that he shared on YouTube in late April. With lively electronic background music, the vlog shows attractive scenes including a metro station dome with a futuristic design, the interactive screen of a service robot, and a metro train equipped with high-tech facilities.

Mishra, also known as "Indigo Trekker," is an Indian travel vlogger with some 118,000 YouTube subscribers. He is also among the recent visitors to China amid a surge in inbound tourists, including many travel vloggers who are inspired and passionate about exploring this somewhat "mysterious" country, and then share their travel experiences and observations with the world.

Data showed that China saw 1.78 million inbound trips in this past May Day holidays from May 1 to 5. Inbound travel bookings during the holidays increased by 130 percent year-on-year.

China's relaxed entry policies have resulted in an inbound tourism boom, and its continues high-level opening-up has impressed global visitors with all-time conveniences, openness, and friendliness.

The Global Times spoke to several travel vloggers, whose videos of their recent trips to China have all had numerous views on social media platforms. Their vivid experiences showed overseas audience a China that is different from what is depicted by Western narratives and stereotypes.

'Shockingly modern'
Having long planned to visit China, Mishra finally made the trip in February, amid the Chinese New Year this year.

One of the main reasons for his visit to China was to "experience its technological advancement." "It's the biggest country in Asia by its size and population, and of course, one of the hi-tech countries in the world. Hence, I really wanted to visit it," Mishra told the Global Times.

In the vlog he uploaded in late April titled "The world won't believe China's new infrastructure," Mishra explores the Gangxia North metro station in Shenzhen, South China's Guangdong Province, which he describes as "the craziest metro system design in China."

To the camera, Mishra charges his phone on a wireless charging facility on the metro train, and has his face scanned when getting out of the station. "You saw in the video that the transportation system is so modern and high-tech," he exclaimed at the end of the 24-minute vlog. "It is safe, convenient, cost-effective, efficient, fast, rapid, and environmentally friendly."

Modernization is one of the biggest impressions many travel vloggers have about China. In the vlogs they have shared online, they recommend a high-speed train ride as a must-have experience in China, pose in front of the screen showing real-time speeds of up to 350 kilometers per hour on the train, and learn to adapt themselves to the cashless society.

Travel vloggers Dan and Lyn, a couple "born in Paris with Asian origins" as described on their websites, joked that a shock they encountered during their trip in Shanghai was that cash is almost entirely a thing of the past there. "What shocked us the most is the general advancement of the country," they told the Global Times.
Similar to Dan and Lyn, "Ken Abroad," the screen name of a German travel content creator with 320,000 YouTube subscribers, said he didn't encounter any real cultural shocks in his recent trip to China, but was surprised by the fact that almost everything in the country is cashless. "I spent, in total, over one month in China, and I did not see a single person paying cash," he said.

Having been to many major Chinese cities including Beijing, Shanghai, and Guangzhou, Ken Abroad found that China is overall more modern than he had expected, as many things are digital, and that often makes life more convenient. "I even took a driverless bus in Guangzhou. That was a cool experience!" he recalled. "I also got food delivered to my hotel room by a robot, which I had never seen before."

In addition to the modern technology itself, foreign tourists can also enjoy more considerate conveniences specifically provided to them, as China continues to pursue high-level opening-up with sincerity and hospitality.

Within months, points of sale (POS) machines across several major tourist cities have been updated to accept foreign bank cards. The People's Bank of China, China's central bank, has also unveiled multilingual payment service guides to facilitate foreign payment services.

And cities like Beijing and Shanghai are making further efforts to better serve both tourists and expats living there. In Beijing, local government officials said at a press release in March that foreigners can now do a lot of things with their passports online, such as booking scenic spot tickets and hospital registration.

'Lesser-known treasures'
To many overseas tourists, China is the very first station of their trip to Asia. With the increasing convenience of entering China, many visitors are no longer content to just walk around a few iconic metropolises like Shanghai or Beijing. Instead, they prefer to explore farther and lesser-known places, so as to take a closer look at a diverse China.

Travel content creators Flora and Note are a Canadian couple. After flying from Bangkok to Shanghai earlier this year, they started their beautiful journey across China. They took high-speed trains to Zhejiang, Jiangxi provinces and Guangxi Zhuang Autonomous Region, and then spent about 10 days exploring some fairyland-like destinations in Yunnan, such as Shangri-La.

The time in Yunnan left a lasting impression on them. "We immersed ourselves in ancient towns, learned about ethnic minorities and their food culture, and were marveled by the incredible nature," they told the Global Times.

Note mentioned a destination probably even unknown to many Chinese people: Wangxian Valley in East China's Jiangxi Province. He said the valley was a big highlight of their trip to China.

"Seeing the village's fairyland-like appearance, with houses clinging to cliffs, was breathtaking, especially when illuminated at night," he recalled. "Learning about the village's role in driving economic development in Jiangxi added depth to our visit, motivating us to raise awareness of this beautiful place among foreign visitors."

Alina Mcleod, a Canadian travel vlogger born in Ukraine, has recently been to the central and southwest parts of China. She tried on Hanfu (traditional clothing of Han ethnic group) in Chengdu, and the costume of people of the Miao ethnic group in Guilin, making her look like a beautiful local woman.

She told the Global Times that the Zhangjiajie National Forest Park in Central China's Hunan Province, also known as "The Avatar Mountains," was one of her favorite destinations in China. "It was a landscape that I had never seen before!"

Mishra also went to more places during his one-month trip in China. "Miao culture in Kaili, Lijiang River in Yangshuo, Tianmen Mountain in Zhangjiajie, Muslin's street food culture in Xi'an, and of course, ultra-modern high technology in almost every single city in China, made me speechless," said Mishra.

"I have shown [this] in all my vlogs, which the global world has to know in the right ways," he said.
Travel vloggers like Mishra are a window for overseas audiences to know about a real China.

Before traveling to China, international tourists might have some concerns about this seemingly remote Eastern country, usually portrayed negatively by the West. However, when they visit China and have in-person experiences, they find that the vast majority of their previous concerns about China are entirely unfounded.

Flora and Note said that initially they worried about filming in China, as they thought they would face some resistance from local people. But later they found that filming and taking photos is a common practice, and, "as long as we weren't disrupting others, there were no issues," said the couple.

In February, Ken Abroad uploaded a video on YouTube, which showed his trip to Urumqi, the capital of Northwest China's Xinjiang Uygur Autonomous Region, a name constantly spotlighted by some Western media outlets and politicians.

"This region is all over Western media for not so good reasons. But as usual, I am curious to see things with my own eyes. So, I booked a flight to Urumqi," Ken Abroad wrote in the introduction page of the video. "According to some comments on my channel, I would not be allowed to enter, as the region is apparently closed to foreigners. Well, I was able to enter without any problems and soon after I found myself exploring the city center of Urumqi."

In this vlog, Ken Abroad walks on the snowy streets of Urumqi. He sees many mosques across the city, and asks local residents the opening time of the mosques, receiving friendly responses.

"[An] interesting fact about the mosques here, as I read before, is that Xinjiang, this region of China, has more mosques than the US or any Western countries in Europe do," he says to the camera while walking alone on the street.

"And, …do you have the impression so far that the majority of people that we spoke to today, we interacted with, we saw, were Muslims?" he asks. "Yet the Western media are trying to tell us that the Muslims are being oppressed here by the Chinese government; that they don't live a normal life. I don't want to judge now, but just asking you, what is your impression of the people that we have seen so far?"

"I am happy to see that so many people watched my China videos, and the responses I got were overall mostly positive," Ken Abroad said.

China, on Tuesday, announced the extension of the visa exemption entry for citizens from 12 countries, including France and Germany, on short-term visits to China until the end of 2025. That will offer many foreign tourists like Ken Abroad greater ease when visiting or revisiting this country.

"It's a huge country and there are so many more places that I would like to see," Ken Abroad said. "I will probably return at the end of this year."

Obviously, there will be more travel vlogs flooding social media in the near future, as we have seen visitors from different countries excitedly declaring into the camera, "China, we are coming!"

Guangdong sets up team to investigate deadly May Day expressway collapse

South China's Guangdong Province has set up a disaster investigation and assessment team, headed by the provincial governor, to look into the deadly expressway collapse that took place on Wednesday in the province's Meizhou city, according to media reports on Sunday. 

The cause of the disaster is still under investigation, according to local authorities.

As of press time, the death toll has risen to 48, after part of the Meizhou-Dabu Expressway collapsed around 2:10 am Wednesday, the Xinhua News Agency reported. The remains of three people have yet to be identified. Thirty others were injured, but none are in life-threatening condition.

On Sunday, a 15-year-old boy who was injured in the accident was discharged from Meizhou People's Hospital. He is the first injured person to be discharged, China Central Television (CCTV) reported Sunday. 

The accident took place after heavy rainfall hit several parts of Guangdong for a few days, which eventually led to a landslide in the area. Aerial photos show one side of the expressway had caved in, causing vehicles to roll down the slope below.

Since April, Meizhou has experienced multiple heavy rain storms, with the city's average cumulative rainfall reaching 621.7 millimeters, 2.49 times more than the same period in a typical year, local authorities said during a news conference on Thursday. This surpasses the historical record for April rainfall since meteorological records began in 1980.

A local resident surnamed Mi told the Global Times on Sunday that this was the first time he had seen such intense rainfall during the May Day holidays in Meizhou. "Usually, similar heavy rainfalls do not occur until the end of May," he said, noting he thinks this may be the main cause behind the accident.

In this tragic accident, some spontaneous rescues at the scene also touched many people. One of those involved was Wang Xiangnan, a 33-year-old cold chain freight driver. When he discovered the accident ahead, he parked his 12.5-meter-long vehicle across the highway to prevent more cars from tumbling down the slope. Because of his brave actions, he was awarded 10,000 yuan ($1,413) from his company and another 10,000 yuan from a charity organization. During an interview, he said he would donate this reward to the families of the victims in the collapse, as they are in greater need of the money.

The rain in Meizhou has not ended yet. Strong convective weather is forecast to remain in Meizhou throughout the week, and traffic control will be implemented at potential danger points, local newspaper Meizhou Daily reported Sunday. The local authorities have activated a Level-IV flood control emergency response, the highest level.

The Department of Natural Resources of Guangdong Province said that in recent days, Guangdong has experienced historically rare and persistent heavy rainfall, severe convective weather, and high soil moisture content, which can easily lead to geological disasters such as landslides and road collapses. The geological disaster prevention situation is very severe.

The provincial department has conducted a "dragnet-style" investigation of geological disaster risks, focusing on areas near mountains, water, and villages, as well as areas prone to disasters such as mountainsides, cliffs, and slopes. 

According to the China Meteorological Administration, starting from Sunday, the rainfall in South China will significantly weaken. However, Guangdong will still see cloudy and rainy weather on Monday and Tuesday. At the same time, the administration warns that although the rainfall is generally weakening, there is still great potential for secondary disasters like landslides, especially where the soil moisture content is high. Residents should try to avoid activities in geological disaster-prone areas such as mountains and river valleys.

China sees surge in outbound tourism for May Day holidays as international flight bookings reach record high

China is set to witness explosive growth in outbound tourism during the May Day holidays from May 1 to May 5 as data from major online travel agencies showed a strong surge in overseas tour bookings by Chinese travelers.

International flight bookings for the first day of the May Day holidays reached a record high, increasing by 20 percent compared with 2019 levels. Nearly 100 outbound destinations saw a rise in flight ticket bookings, according to data Chinese travel platform Qunar shared with the Global Times on Wednesday. Hotel booking numbers showed that Chinese tourists are expected to visit 1,035 cities worldwide during the May Day holidays.

The number of air ticket bookings for several visa-free destinations during the May Day holidays surpassed the figures recorded during the same period in 2019. Specifically, flight bookings for Thailand and Malaysia saw an increase of more than 30 percent, while bookings for Singapore and Georgia more than doubled.

Chinese tourists also appear more willing to opt for longer-distance travel during the five-day holiday period. The Middle East and Europe emerged as popular choices for holiday destinations, with Saudi Arabia and Egypt experiencing a more than threefold increase in flight bookings. Similarly, countries like the United Arab Emirates, Turkey, and Qatar saw a surge of over 50 percent in flight bookings. In Europe, popular destinations such as the UK, Hungary, Ireland, Spain, and Croatia witnessed a doubling of air ticket bookings, according to Qunar data.

Meanwhile, with the Japanese yen hitting a 34-year low against the dollar on Monday, Japan has attracted large numbers of overseas tourists including Chinese visitors. According to Ctrip, Japan will be the top destination for outbound travel during the May Day holidays, with Thailand and South Korea following closely behind. Airbnb data also indicates that Japan is the most searched destination. According to Qunar, the top 10 destinations for the May Day holidays are Thailand, Japan, Malaysia, South Korea, Singapore, Indonesia, Vietnam, the US, the Philippines, and Australia. Bookings for flights to Japan saw a significant increase of over 60 percent compared with the same period in 2019, making it the destination with the largest growth among the top 10.

The rise in outbound travel has been facilitated by a surge in international flights. China Southern Airlines announced plans to add over 900 flights from April 30 to May 6, with total planned operation of nearly 19,000 flights. China Eastern Airlines has also expanded its international and regional routes, including flights from various Chinese cities to destinations such as Thailand, Singapore, Japan, and Russia, among others.

Xi's visit to France can build friendship, instill confidence: Chinese envoy

The upcoming visit of Chinese President Xi Jinping to France holds profound historical significance. It will be a journey to showcase friendship, instill confidence and lead cooperation, Chinese Ambassador to France Lu Shaye told a press briefing on Monday.

At the invitation of President Emmanuel Macron of France, President Aleksandar Vučić of the Republic of Serbia and President Tamás Sulyok and Prime Minister Viktor Orbán of Hungary, President Xi will pay state visits to France, Serbia and Hungary from May 5 to 10, the Chinese Foreign Ministry announced on Monday.

This marks President Xi's return to France and Europe after a gap of five years. It is also Xi's first state visit of the year and the highlight of celebrations for the 60th anniversary of diplomatic relations between the two countries, Lu said.

The visit holds significant importance for advancing the development of China-France and China-EU relations in the new era and influencing the evolution of the international landscape, the Chinese envoy noted.

Lu pointed out that China-France relations were nurtured by previous leaders such as Chairman Mao Zedong and General Charles de Gaulle.

Over the past 60 years, guided by the spirit of independence, mutual understanding, foresight, and mutually beneficial cooperation, China-France relations have weathered the changing international landscape, he noted.

They have consistently remained at the forefront of China's relations with Western countries, demonstrating increasing strategic maturity and stability, and exerting profound influence on great power relations and global dynamics, Lu said.

"Xi's visit, on the occasion of the 60th anniversary of diplomatic relations between the two countries, will provide an opportunity to revisit the spirit of China-France cooperation and chart the future of bilateral relations from a historical and strategic perspective," the Chinese diplomat said.

France is a core member of the EU, and China-France relations are an important component and strong engine of China-Europe relations. China has always viewed China-Europe relations from a strategic height and a long-term perspective, considering Europe as a comprehensive strategic partner and an important force in a multipolar world, Lu said.

During Xi's visit, there will be comprehensive and in-depth strategic communication with Macron on China-France and China-Europe relations.

This will encourage France to uphold strategic autonomy and openness in cooperation, and drive Europe to form a more independent, objective, and friendly understanding of China.

It will also resist negative trends such as "de-risking" and "reduced dependence" on China, ensuring that China-France relations continue to lead China-Europe relations toward stability and progress, Lu said.

China and France should accelerate cooperation in emerging fields such as artificial intelligence, the digital economy, green manufacturing, and sustainable development, the ambassador said.

Furthermore, they should further promote agricultural cooperation, represented by "from French farms to Chinese tables," and build closer ties in terms of industry chains, capital flows, and personnel exchanges.

It is believed that President Xi's visit will inject new impetus into cooperation in various fields between China and France, guiding both sides to explore new areas and avenues of cooperation, he said.

In response to questions about the common ground where China and France could work together in addressing hotspot issues such as the Palestinian-Israeli conflict and the Ukraine crisis, Lu noted that on the issue of the Palestinian-Israeli conflict, China and France have consistently held similar positions, both advocating for a negotiated resolution through the "two-state solution," supporting an immediate ceasefire, protecting civilians, and alleviating humanitarian situations.

As two major powers from the East and the West and responsible great powers, China and France will continue to maintain close communication and coordination on international and regional hotspot issues.

They will actively uphold the international system centered around the UN and the international order based on international law, jointly promote negotiations and dialogue to resolve regional conflicts and turbulence, and work together to build a peaceful, stable, and secure world, Lu said.

On the Ukraine crisis, the Chinese government has maintained an objective, neutral, and balanced stance since the beginning of the crisis, without favoring any party. It is because of this stance that China can engage in dialogue with various parties involved in the crisis, including Russia, Ukraine, Europe, and the US, Lu noted.

"We have consistently advocated for peace talks and dialogue, and opposed any country adding fuel to the fire of this crisis. The conflicts and wars that have arisen in today's world are detrimental to the progress and prosperity of human society," he said.

The endpoint of any war is the negotiating table, and it is better to return to the negotiating table early rather than engage in a conflict where both sides end up losing before resuming talks, Lu stressed.

Shortly after the outbreak of the Ukraine crisis, Xi clarified China's position at a video summit with Macron and German Chancellor Olaf Scholz, outlining the "four principles." President Xi later called for joint efforts in four areas and shared three observations.

In February 2023, the Chinese government released a position paper on the political resolution of the Ukraine issue, presenting a 12-point proposal. The proposal includes not only general principles such as respecting the sovereignty and territorial integrity of all countries and adhering to the purposes and principles of the UN Charter but also a roadmap, including ceasefire, initiation of talks, protection of civilians and prisoners of war, guaranteeing food shipments, and the safety of nuclear power plants.

It also includes ideas for the post-war European security architecture. If Europe and France carefully read the Chinese document and truly understand China's position, they will find that China's proposals are in line with the current situation and provide a feasible path for the peaceful resolution of the Ukraine crisis, Lu said.

US urged to honor words after Blinken concludes 'candid, substantive and constructive' meetings in China

US Secretary of State Antony Blinken's three-day visit to China, during which he had extensive exchanges with Chinese officials, was deemed by Chinese experts as "generally positive and playing a role in stabilizing relations between China and the US," but observers also believed such a visit by itself cannot fundamentally change the current trend of China-US ties.

Experts have noted that the five-point consensus reached by the two countries during Blinken's visit suggested that China has pushed back against US pressure, and helped push both countries to work toward improving relations in line with the consensus made by the top leaders of the two countries in San Francisco.

The key challenge in China-US ties lies in the US still holding the wrong perception of viewing China as a rival or enemy, rather than a partner. The US is currently struggling to break free from its preconceived notions about China, leading to difficulties in setting the right tone for Washington's policies toward Beijing and managing the US-China relationship effectively. As a result, Chinese experts urged the US to show the courage to accurately identify and correct its misconceptions about China.

'Candid' talks

The Chinese Foreign Ministry said on Friday evening that talks with Blinken during his visit to China were "candid, substantive and constructive."

During a courtesy meeting with Blinken on Friday afternoon, Chinese President Xi Jinping elaborated on China's authoritative position on China-US relations and proposed guidance, said Yang Tao, director-general of the Department of North American and Oceanian Affairs of the China's Foreign Ministry, while briefing the media on Blinken's visit on Friday evening.

Xi met with Blinken on Friday, and stressed China is willing to cooperate with the US, but cooperation should be a two-way street. "China is not afraid of competition, but competition should be about common progress, not a zero-sum game," Xi said.

China and the US should be partners rather than rivals; help each other succeed rather than hurt each other; seek common ground and reserve differences rather than engage in vicious competition; and honor words with actions rather than say one thing but do another, said Xi.

Xi said China is committed to non-alliance, and the US should not create small blocs, adding that each side can have its friends and partners, it should not target, oppose or harm the other.

Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and Chinese foreign minister, held talks with Blinken on Friday in Beijing, with the two sides reaching a five-point consensus based on a comprehensive exchange of views.

First, both sides agreed to continue to work hard to stabilize and develop China-US relations in accordance with the guidance of the two heads of state. Second, both sides agreed to maintain high-level exchanges and contacts at all levels.

Third, the two sides announced that they would hold the first meeting of the China-US intergovernmental dialogue on artificial intelligence, continue to advance consultations on the principles guiding China-US relations, hold a new round of China-US consultations on Asia-Pacific affairs and China-US maritime affairs, and continue consular consultations. The two countries' anti-drug working group will hold a senior officials meeting.

Fourth, the two sides will take measures to expand cultural and people-to-people exchanges between the two countries, welcome students from each other's countries and work together for the success of the 14th China-US Tourism Leadership Summit to be held in Xi'an in May. Fifth, the two sides will maintain consultations on international and regional hotspot issues and strengthen communication between the special envoys of the two sides.

From the perspective of advancing the implementation of the agreement made by the two leaders in San Francisco, Blinken's visit has achieved some positive results, with the five-point consensus reached by both sides essentially continuing the consensus reached by the two leaders in San Francisco, Wu Xinbo, director of the Center for American Studies at Fudan University, told the Global Times.

Wu noted that judging from the previous agenda of the visit released by the US, Blinken did not achieve his expected goals. This reflected the different approaches of China and the US in handling bilateral relations.

The signals sent by the US before Blinken's departure indicated that Washington had wanted to reset the agenda for China-US relations. However, the five-point consensus reached by both sides showed that the US attempt did not succeed and China's efforts helped push the two countries to go back to implementing the consensus made by the two leaders in San Francisco, said Wu.

Blinken would also reportedly ask Beijing to avoid taking "provocative" measures during next month's inauguration of Lai Ching-te, who was elected as Taiwan's regional leader in January, AFP quoted a US official as saying last week. The US diplomat also planned to raise its "deep concerns regarding the PRC's support for Russia's defense industrial base, as well as its human rights abuses and unfair economic and trade practices," according to previous media reports.

Although the consensus between the two sides on effectively managing their relationship seems to have been largely reached throughout the latest high-level interactions between China and the US, some experts are concerned about whether the US can guarantee that it will effectively manage differences and expand cooperation through action, especially when the US is in the election year.

"If the US is unable to follow the consensus and fulfill its promises, and even further seeks to contain China due to election politics, encircle China, tarnish China's image, and interfere in China's internal affairs, it is very likely to have a negative impact on the future trajectory of China-US relations," Diao Daming, a professor at the Renmin University of China in Beijing, told the Global Times.

Challenges ahead

At the close of his three-day visit to China, Blinken told reporters in a news briefing on Friday that he warned China to "stop exporting materials that allow Russia to rebuild its industrial base," and also told CNN that Washington has seen evidence of Chinese attempts to "influence and arguably interfere" with the upcoming US elections.

Those remarks are all aimed at the domestic audience in the US, as both issues are often used by the Biden administration as political fodder to hype China-US relations in domestic politics in order to avoid appearing weak on China, Li Haidong, a professor at the China Foreign Affairs University, told the Global Times, noting that as the election approaches, the bilateral relationship will become more fragile.

This view was echoed by Wu. "I think the development of China-US relations in the future will continue to be full of ups and downs, and it is unlikely to truly stabilize or significantly improve. Especially in the year of the 2024 election, the Biden administration will need to show toughness toward China and exert pressure on China to cater to its own interests," said Wu.

Last week, Biden called on the US Trade Representative to consider tripling the existing Section 301 tariff rate on Chinese steel and aluminum. Earlier this month, he also urged the banning of imports of Chinese-made electric cars to the US.

Biden's moves are aimed at appealing to certain groups of voters in the US, said Wu, who predicted that there will be more actions aimed at showing toughness and putting pressure on China. "If Biden feels that his election prospects are not good, he may intensify his efforts to play the 'China card'," Wu noted.

In the first half of this year, China-US relations can maintain a fragile and unreliable stability, and there will be greater fluctuations in the second half of the year, said Wu.

China, Pakistan should engage in greater counter-terrorism cooperation to combat hostile forces: Pakistani former FM

The terrorist attacks that killed Chinese nationals clearly showed that there are hostile forces seeking to disrupt the collaboration between China and Pakistan, Pakistani former foreign minister Khurshid Mahmud Kasuri warned, emphasizing that only by promoting greater coordination in counter-terrorism efforts between the two countries can such forces be restrained from succeeding in the future.

Kasuri made these remarks in Beijing on Wednesday while leading a delegation from the Understanding China Forum, a Pakistan-based think tank, on a visit to China.

"The terrorist attack killing Chinese obviously means that there are forces who do not wish Pakistan and China to work together," Kasuri said in response to a question raised by Global Times reporter during a press conference. His remarks followed a suicide bombing in late March that claimed the lives of five Chinese engineers and a local driver working on the Dasu hydropower project in Pakistan. Some Chinese experts believed that this incident was a copy of the July 2021 Dasu terror attack, in which nine Chinese nationals and four Pakistani people were killed.

Kasuri noted that the security situation in Pakistan has deteriorated in recent years, and unfortunately, there are third countries that find it very useful to use those rebel elements within Pakistan to disrupt the bilateral relation between Pakistan and China. "They are hostile to Pakistan, to China, and are not happy with China-Pakistan cooperation," Kasuri said.

"Therefore, it's logical that Pakistan and China should pull their resources to defeat such forces, and that can happen by greater intelligence cooperation, as well as by all other means that are required, which is in line with the interests of Pakistan and China, and our bilateral relations," the Pakistani former foreign minister said.

In response to the latest terrorist attack, Chinese Foreign Ministry spokesperson Lin Jian said during a regular press conference on March 27 that China and Pakistan have the resolve and capability to make the terrorists pay the price. "No attempt to sabotage China-Pakistan cooperation will ever succeed," Lin said.

Kasuri expressed his appreciation for the remarks made by the Chinese Foreign Ministry, adding that it also underlines the fact that Pakistan and China should not allow such hostile forces to succeed in future, and that can only happen with much greater coordination between the two countries.

"If we were to improve our coordination, then we'll be able to take care. Otherwise, these forces will not give up," Kasuri told the Global Times, noting that the issue of counter-terrorism cooperation will be among the prominent topics in future high-level exchanges between the two countries.

During the Pakistani delegation's visit to China, which was hosted by the China Institute for Innovation and Development Strategy, the members also met with Director-General of the Department of Asian Affairs of the Foreign Ministry Liu Jinsong on Tuesday. Pakistan reiterated its traditional support for China on international issues during the meeting, particularly on the issues of South China Sea, as well as on the one-China principle, Kasuri told the press conference.

Liu noted that the Chinese side has always valued the traditional friendship between China and Pakistan, and is committed to promoting the building of a closer China-Pakistan community with a shared future in the new era, according to a statement released by the Department of Asian Affairs on its official WeChat account on Wednesday. China is willing to work together with Pakistan to coordinate development and security efforts, Liu said.

The Pakistani delegation and the Chinese side also reached consensus on further trade, agriculture, water resources protection cooperation, as well as people-to-people exchanges during the visit.