Including rare discoveries like carbonized grains and ancient coins, more than 170 artifacts dating back to the Ming Dynasty (1368-1644) have been unearthed at the Jiankou section of the Great Wall in Beijing. Such gems were discovered thanks to an on-site archaeological project that is set to conclude at the end of August.  

The implementation of archaeology at this time was meant to assist in the fifth phase of the Jiankou Great Wall's restoration. By adopting the "excavating while restoring" approach for the first time, it is one of the examples that highlights China's growing creativity in protecting the Great Wall in modern times. 

Pivotal works

In April, archaeological works started at the Jiankou section of the Great Wall two months before the on-site restoration work began. Such an arrangement was "sensible" since it "gives immediate rescue to the yet-to-be-discovered Great Wall relics," archaeologist Wang Meng told the Global Times. 

Three types of relics were "rescued" in the months after the project kicked off. There were architectural components such as a beast-shaped decoration, military remains like the Frankish machines, a type of small cannons, and ancient everyday items like coins. 

Despite their small size, the ­unearthed carbonized plant seeds were important discoveries showing human interactions with the Great Wall. 

Shang Heng, head of the archaeological project, told the Global Times that some of these remnants have already been identified as grains. According to the condition in which the relics were discovered, Shang said that they show ancient garrisoned soldiers' "eating habits and their outdoor barbecue-like cooking style."  

"Such archaeological discoveries have added more interesting narratives to Great Wall culture. These narratives bring the ancient heritage to life and closer to us," remarked Shang, who is also a researcher at the Beijing Institute of Archaeology.  

What made the Jiankou archaeological project special was its interdisciplinary nature, in which the archaeological process was integrated with studies of plants, animals, the environment, and digital technology into the archaeological process. 

The incorporation of digital technology was a highlight. More than 8,000 photos, along with techniques such as unmanned aerial vehicle (UAV) measuring, and 3D modeling were carried out on-site to establish a comprehensive digital record of the Jiankou section of the Great Wall. 

Shang Jinyu, an expert responsible for the digital project, told the Global Times that digital works are pivotal to the entire restoration project, since the flexibility of machines like the UAV can help human beings detect "some neglected and extremely fragile parts that need to be repaired."  

Similar to the digital strategy used at the Jiankou section of the Great Wall, Li Dan, a representative from the Administration Office of the Badaling Great Wall, told the Global Times that a total of 18 patrol routes for UAVs have been allocated along the Badaling section of the Great Wall to help with safety management while also boosting local tourism.  

"Making a cultural heritage site come alive is a difficult task that demands not only the modern inputs like digital technologies, but also the societal power and the love of ordinary people," Xu Shuming, a cultural sociologist, told the Global Times. 

Global attention

Themed "Love My China, Repair My Great Wall," a campaign encouraging societal-level sponsorships to protect the Great Wall was launched in Beijing 40 years ago. 

The initiative was jointly launched by the media in Beijing at the time and was ground-breaking since it attracted individuals, enterprises, and social groups from different fields like art, entertainment, and sport to contribute to repairing the Great Wall. 

The initiative was successful in preserving the Badaling section of the Great Wall, Li Dan told the Global Times. According to Li, between 1984 and 1994, it received donations from 100,000 organizations and groups, including international contributors. 

Xu, an expert, told the Global Times that other than engaging the Chinese community, the campaign has left another legacy that has encouraged the world to join in the conservation of the Great Wall. During the "Love My China, Repair My Great Wall" campaign, for example, organizations from Pakistan, Greece, the US, and 24 other countries and regions also made active contributions, collectively raising tens of millions of yuan. 

"It is thanks to such a well-established historic tradition of engaging the international community in the protection of the Great Wall that this cultural heritage can be enjoyed by the rest of the world, especially the younger generations," Xu remarked. 

A brief scroll through international social media platforms such as X (formerly Twitter), YouTube, and TikTok, reveals a myriad of content shared by netizens related to the Great Wall, indicating that the world heritage site is perceived as a "marvelous spectacle" globally.  

The Badaling section of the Great Wall has received nearly 200 million domestic and international visitors, including over 500 heads of state, government leaders, and numerous globally recognized figures, according to the data from the Badaling Great Wall Management Office. These influential figures shared their admiration for the cultural heritage site in their journeys.

To further promote the international influence of the cultural brand of China, various international exchange activities have been held on the Great Wall in recent years. The 2021 Belt and Road Great Wall International Folk Culture and Arts Festival kicked off in Qinhuangdao, North China's Hebei Province, presenting a grand cultural feast to audiences both at home and abroad. Moreover, the torch for the Beijing 2022 Winter Olympics was ceremonially transferred at the Badaling section of the Great Wall in Beijing's Yanqing district, capturing the attention of the world.

China will focus on raising serious concerns regarding the Taiwan question, addressing development rights and strategic security in discussions with the US during National Security Advisor Jack Sullivan's upcoming visit to Beijing, China's Foreign Ministry said on Sunday.

Sullivan will be the first US national security advisor to visit China in eight years, and his trip comes less than three months before the US presidential election. 

The visit, according to Chinese experts, symbolizes both countries' commitment to maintaining high-level official communication in this complex bilateral relationship and to assist both countries in managing their differences for the remaining time of the Biden administration.

Hot button issues

Sullivan's visit is at the invitation of Wang Yi, China's Foreign Minister, member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Foreign Affairs, foreign ministry spokesperson Mao Ning said on Saturday.

Sullivan will visit China from Tuesday to Thursday. 

Wang will have an in-depth exchange of views with Sullivan on China-US relations, sensitive subjects and major international and regional hot topics, according to a statement from the Department of North American and Oceanian Affairs of China's Foreign Ministry, noting both sides have agreed to continue to make good use of this strategic communication channel. 

China will focus on expressing serious concerns, clarifying firm positions, and making serious demands regarding the Taiwan question, China's development rights and strategic security, said the statement.

The US containment measures on China are mainly concentrated on those three aspects, if those issues are not properly addressed, China-US ties cannot be stabilized or improved, Wu Xinbo, director of the Center for American Studies at Fudan University, told the Global Times. 

Although obstacles remain, Wu is optimistic that Sullivan's visit embodied both countries' commitment on keeping high-level exchanges, and plays a significant role in China-US relations during the remaining time of the Biden administration. 

According to the foreign ministry statement, Wang's meeting with Sullivan in China is a key outcome of the consensus reached between the two heads of state in Bali in November 2022. Since that time, Wang and Sullivan have held three rounds of substantive and constructive strategic communications in Vienna, Malta and Bangkok, achieving positive results

During the US election cycle, candidates often hype China-related issues in order to appeal to voters. Sullivan's visit provides Beijing with an opportunity to caution Washington against allowing domestic politics to influence foreign policy decisions, and to effectively address differences in the next few months, Lü Xiang, a research fellow at the Chinese Academy of Social Sciences, told the Global Times. 

China will likely use this visit to send a clear signal to the US that, whoever sits in the White House, any violation of China's red line will invoke Beijing's strong countermeasures, said Lü.

Needs for cooperation

China's Foreign Ministry also touched on China's stance on Russia-Ukraine crisis, South China Sea issue and Palestine-Israel conflicts on Sunday. 

On the Russia-Ukraine crisis, China's position is open and straightforward, and it will continue to promote peace talks, push for political solutions, and engage in mediation diplomacy. The US should stop abusing unilateral sanctions and long-arm jurisdiction, and halt efforts to smear, slander, and coerce China. China will persist in taking strong and effective measures to protect its core interests and legitimate rights, according to the statement. 

On South China Sea, the foreign ministry cautioned that countries outside of the region should not engage in actions that provoke confrontation and escalate tensions.

A senior US official told Reuters that Sullivan would be looking to hear China's assessment of the situation in the Middle East, where the two sides have different approaches but some shared concerns about instability. Sullivan's visit to Beijing reflected the urgency of the US to conduct cooperation with China at a time when Washington's hands are tied in the ongoing international conflicts, according to Chinese experts.

The Biden administration has been seeking to limit the fallout from the conflict in Gaza, now in its 11th month. 

The conflict between Russia and Ukraine continues to persist, despite the military aid provided by US-led Western countries to Ukraine and the imposition of a slew of sanctions on Russia in hopes of forcing Moscow into defeat. 

To conduct pragmatic dialogue and cooperation with China is a fundamental goal of US diplomatic security strategy, no matter who takes the Oval Office, Zhu Feng, director of the Institute of International Studies at Nanjing University, told the Global Times on Sunday. 

A senior official from Biden's administration briefed reporters on the condition of anonymity that the focus of the meeting between Wang and Sullivan is to maintain communications on the host of difficult issues and demonstrate "that even amidst competition that we can find constructive ways to work with each other," per the Associated Press. 

The US is clear that decoupling with China is impossible when it comes to promoting world peace and economic development, said Zhu. He noted that China's US policy remains unchanged, and now the onus falls on the US to work with China to establish a bilateral relationship that is responsible for both people and the world's peace and development. 

Recently, a research team from a Chinese university successfully sent samples of soybean bacteria to the nation's Tiangong Space Station via the Tianzhou-6 cargo spacecraft. The project is the first Hong Kong agricultural research project to be launched into space, opening a new chapter for the integration of aerospace and agricultural technology.

"The experiment although small in the grand scheme of scientific research, for our research team in Hong Kong, it represents a significant milestone that will pave the way for advancements in agricultural technology. Being part of this esteemed space experiment provides us with the opportunity to showcase our research capability on a national level," said Hong Kong-based biologist Lam Hon Ming.
Lam, the project's chief scientist, told the Global Times that the experiment represents significant achievement in agricultural innovation in Hong Kong, while also fostering collaboration between scientific communities in Hong Kong and the Chinese mainland. "We are proud to be contributing to such groundbreaking and important scientific endeavors."

According to Lam, the experiment aims to discover how soybean seeds and nitrogen-fixing bacteria mutate in space conditions, opening the door to new advances in agricultural technology that could make soybean farming more resilient to climate change.

Lam and his team are currently studying analysis of the specimens on their return to explore how their mutation mechanisms behave in space and hope that could offer valuable knowledge for potential applications in space agriculture, such as cultivating crops on other celestial bodies or in space stations.

"Perhaps, in the future, we can explore the possibility of cultivating soybeans in extraterrestrial environments such as the Mars, the Moon, and outer space," he said.

Lam is also a director of State Key Laboratory of Agrobiotechnology at the Chinese University of Hong Kong, a national-level research team approved by the Ministry of Science and Technology of China.

He said the project could also contribute to the country's overall food security. The key to development of China's agricultural sector lies in harnessing the power of science and technology, given that 80 percent of the country's demand currently imported because of a shortage of arable land, Lam noted.

"Our long-term vision is to combine China's most advanced aerospace technology with the most important food security research, use space projects to promote close ties between Hong Kong and the mainland, and establish an international innovation and technology hub that engages with the world," Lam said.

Limited land resources and technological gaps in China's soybean industry have led to lower productivity levels when compared to the United States. However, as China continues to invest in research and development, the gap between China and the US in soybean production is expected to narrow, paving the way for a more competitive agricultural sector in the future.

Working on soybean research for more than two decades, Lam is committed to promoting sustainable agricultural development through his research. Through identification and characterization of key genes from elite germplasms that may enhance adaption to biotic and abiotic stresses, Lam envisions integrating cutting-edge academic technology with traditional knowledge from farmers to promote sustainable agriculture.

In 2014, his team successfully identified and cloned a salt-tolerant gene from wild soybean, which paved the way to improving agriculture on marginal lands. Lam also collaborated with scientists in Northwest China's Gansu Province and successfully developed three new stress tolerance soybean cultivars called Longhuang 1, Longhuang 2, and Longhuang 3, with traits such as high-yield, high-quality and high-tolerance for salt and drought.

From 2016 to 2023, the soybeans had been planted in an area spanning approximately 1.18 million mu (78,667 hectares) in Gansu, delivering an additional income of 97 million yuan ($13.6 million) to local farmers.

Recalling his partnership with his Gansu counterpart Zhang Guohong, which have yielded fruitful results, Lam said "there is significant potential to grow our business in the Guangdong-Hong Kong-Macao Greater Bay Area."

"With its large population, thriving agricultural market, and advanced food processing technology, the Greater Bay Area offers numerous opportunities for our products. By establishing a sustainable ecosystem that encompasses production, processing, and sales in this region, we can drive economic growth and create a model for sustainable agricultural development," Lam said.

The Chinese Football Association (CFA) lately issued four disciplinary decisions against players for misconduct, targeting violent and fraudulent behavior, a move that highlights the association's commitment to cleaning up the sport and promoting fair play.

Li Ke, a player from Chines Super League (CSL) club Beijing Guoan, was suspended for four matches and fined 40,000 yuan ($5,700) for violent conduct during a CSL match on August 11.

"Violent conduct only resulted in a four-match ban, that seems a little bit light," many netizens commented on social media. 

This sentiment reflects growing public demand for harsher penalties and a higher standard of conduct within the sport. 

CSL club Wuhan Three Towns player Pedro Henrique of Brazil was suspended for three matches and fined 30,000 yuan for stomping on an ­opponent during the CSL match against ­Changchun Yatai on August 10. 

Yatai player Zou Yi was also ­suspended for three matches and fined 30,000 yuan for the violent conduct.

The CFA also penalized former Zhejiang FC player Su Zeming who was born in 2007 for falsifying his residency status, banning him from participating in matches for the next two months.

Regardless of the debate over the severity of these sanctions, the CFA's efforts to clean up soccer and promote ethical conduct are commendable. 

Looking back at the cases in recent years, the CFA has been increasingly consistent and rigorous in its enforcement of disciplinary actions. 

These cases illustrate the CFA's ongoing efforts to establish a rule-based and morally guided management system to ensure the healthy development of Chinese soccer.

More than 700 years ago, Marco Polo, driven by a quest for true knowledge, traveled the vast Silk Road, bridging distant Eastern lands with Europe. This journey forever linked China and Italy, a connection that has endured unbroken.

Today, 700 years later, people commemorate this brave Venetian merchant, feeling the echoes between history and modernity.

Chinese President Xi Jinping met with Italian Prime Minister Giorgia Meloni in Beijing on Monday, the Xinhua News Agency reported.

Noting that China and Italy are at the two ends of the ancient Silk Road, Xi said the time-honored friendly exchanges between the two countries have made significant contributions to the overall exchanges and mutual learning between Eastern and Western civilizations, and to the progress of humanity.

The Silk Road spirit of peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit is a shared treasure of China and Italy, Xi said.

At the invitation of Chinese Premier Li Qiang, Meloni is paying an official visit to China from July 27 to 31.

During their meeting on July 28, both Li and Meloni vowed to promote pragmatic cooperation.

Noting that this year marks the 20th anniversary of the China-Italy comprehensive strategic partnership, Li said China is ready to work with Italy to implement the important consensus reached by the leaders of the two countries, carry forward the tradition of friendship between the two countries, advance exchanges and cooperation in various areas, bring more benefits to the two peoples, and make greater contributions to global peace and development, Xinhua reported.

The friendly exchanges between China and Italy have a long history. Italy has long been at the forefront of EU countries in terms of exchanges and cooperation with China.

Since the establishment of diplomatic relations in 1970, cooperation in various fields such as politics, economy, trade, culture, and science and technology has continuously deepened, laying a solid foundation for the development of bilateral relations.

Economic and trade cooperation has always been a vital pillar of China-Italy relations. Italy is China's fourth-largest trading partner in the EU, while China is Italy's largest trading partner in Asia. According to statistics, in the first quarter of this year, the total import and export trade between China and Italy was 123.856 billion yuan ($19 billion), a year-on-year increase of 4 percent, showcasing significant resilience.

Both sides have achieved fruitful cooperation in high-end manufacturing, clean energy, aerospace, digital intelligence, pharmaceuticals, health, the ice and snow industry, and third-party markets, with broad prospects. Italy has been invited multiple times as the guest of honor at major exhibitions such as the China International Import Expo, expressing confidence in further exploring the Chinese market and sharing development dividends.

Both China and Italy are ancient civilizations that admire and appreciate each other, sharing a common pursuit of a diverse cultural world where each of their beauty shines. Following the successful hosting of the China-Italy Year of Culture and Tourism in 2022, both sides have cooperated to hold commemorative events for the 700th anniversary of Marco Polo's death in various locations this year, highly affirming the importance of cultural exchanges and mutual learning.

The number of Chinese and Italian students studying in each other's countries continues to grow, with "Chinese language fever" in Italy remaining strong. There are 12 Confucius Institutes and 39 Confucius Classrooms that have been established in Italy, nurturing and fostering a new generation of Marco Polos in the new era.
Sidebar:

The legendary Marco Polo

Marco Polo, the Italian merchant and traveler from Venice, is renowned for his legendary journey to the East and his detailed accounts. His name is closely associated with the medieval history of China.

In 1271, Marco Polo, along with his father Niccolò and uncle Maffeo, set out for China. Their journey across the Silk Road took three and a half years, eventually leading them to the capital Dadu (present-day Beijing) of the Yuan Dynasty (1271-1368).

In China, Marco Polo was warmly received by the Yuan Emperor Kublai Khan and held a significant position in his court. Kublai Khan showed great interest in this foreign visitor and sent him on missions to various parts of the empire, allowing him to witness China's vast lands and diverse cultures.

These assignments gave Marco Polo the opportunity to travel extensively across the Yuan Dynasty's territories, including present-day Inner Mongolia, Xinjiang Autonomous Region, Xizang Autonomous Region, Yunnan, and the southeastern coast. He meticulously recorded his observations, detailing China's prosperous cities, advanced handicrafts, magnificent palaces, and colorful cultural customs.

Marco Polo lived in China for nearly 17 years before returning to Venice in 1295. His experiences were documented in The Travels of Marco Polo, written around 1300 by Italian writer Rustichello da Pisa based on Marco Polo's oral accounts. This book provided a comprehensive description of China's geography, politics, economy, and culture, becoming a crucial window for Europeans to learn about China. The book not only sparked immense interest in the East among Europeans but also influenced later explorers and geographers, such as Christopher Columbus.

In addition to his rich observations, Marco Polo brought back many items and knowledge from China that enriched European understanding and facilitated cultural exchange between the East and West. It is estimated that he returned with silk, porcelain, spices, gunpowder, fireworks, and paper money. He also introduced Chinese agricultural techniques, urban planning, and architectural styles. Marco Polo detailed various Chinese technologies and crafts, such as printing, tea processing, papermaking, and metallurgy. The dissemination of these technologies in Europe played a positive role in the technological advancements of the Renaissance period.

Although there is some scholarly debate about whether Marco Polo actually visited China, it is undeniable that his book bridged cultural exchanges between the East and West. It promoted European knowledge and exploration of Asia, particularly China, in the later Middle Ages. Marco Polo's journey was not only a personal adventure but also a significant chapter in the history of China-Europe cultural exchanges, leaving a valuable historical record for posterity.

A business delegation led by the China Council for the Promotion of International Trade (CCPIT) was scheduled to arrive in the US on Sunday for a six-day visit to several US cities, according to an itinerary seen by the Global Times.

This is the first Chinese business delegation to visit the US after the third plenary session of the 20th Central Committee of the Communist Party of China, also known as the "third plenum." This is also a return visit after a group of US senior executives, led by the US-China Business Council (USCBC), ended a three-day visit to China on July 23, following the conclusion of the third plenum.

Analysts noted that the mutual visits are of great significance, as American businesses need to learn about China's next development directions after such an important meeting, as well as the main path to achieve them. Chinese companies want to see if there are any changes in the US market, while expressing their desire to establish or strengthen supply chain relationships with US companies.

They also noted that more frequent exchanges between the Chinese and US business communities will contribute to the development of economies of the two countries and global stability.

"The Chinese delegation will pass on a series of important new opening-up measures to the US business community. Chinese entrepreneurs also look forward to hearing the responses and aspirations of our American friends. We will work together to achieve more results in practical economic and trade cooperation and promote the sustained, steady and sound development of China-US relations," Wang Linjie, a spokesperson of the CCPIT, said on Friday during a regular press conference.

Wang noted that the business communities of China and the US are important defenders of and contributors to bilateral relations. Both Chinese and American companies are closely involved in the ups and downs of bilateral relations, and without exception, they hope to actively promote bilateral relations to stabilize the situation, improve and move forward.

According to the itinerary seen by the Global Times, the Chinese delegation will meet with representatives of US companies, including Corning Inc, Pfizer, Cargill and Starbucks. The delegates will also visit the UN Global Compact, the US Chamber of Commerce and the USCBC.

In recent days, there have been frequent exchanges between the diplomatic and business associations of China and the US, which weren't coincidental. Such exchanges show that the two countries attach great importance to economic ties. Both sides have reached a consensus that such two-way exchanges and consultations are mutually beneficial and lead to win-win outcomes, Gao Lingyun, an expert at the Chinese Academy of Social Sciences, told the Global Times on Sunday.

"Through trade associations, rather than direct government involvement, this approach is relatively less sensitive and provides a certain buffer space," Gao said, noting that the benefits of strengthening economic and trade cooperation between China and the US are obvious.

To a large extent, "it has overcome some ideological contradictions or political considerations, and it is necessary to return to the essence of win-win cooperation."

These exchanges can increase mutual understanding and exchanges, and they can help reduce misjudgments, Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, told the Global Times on Sunday.

"Chinese companies want to see if there are any changes in the US market, as they are currently facing great pressure in the US market mainly due to political factors. However, Chinese companies also want to stress that they cherish strengthening supply chain cooperation with their US counterparts," Zhou said.

Zhou noted that the visit led by the CCPIT will take the initiative to continue to expand some of the information about China's Third Plenum and pass it on to more members of the American business community.

Participants of the US delegation stated that the visit helped to build confidence, despite challenges and complexity in the bilateral relations.

According to a statement released by the USCBC after concluding the three-day visit to China, the trip promoted commercial exchanges, advanced economic and policy priorities to further open and reform China's market, and supported ongoing US-China dialogues in meetings with Chinese government and business leaders.

China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) said on Friday that Chinese centrally administered state-owned enterprises (SOEs) will step up investment in sci-tech innovations to make breakthroughs in solving "bottleneck" problems for greater contribution to accelerating the country's high-level sci-tech reliance and building the country into a sci-tech giant.

By acting in line with the resolution adopted at the third plenary session of the 20th Communist Party of China (CPC) Central Committee, we will concentrate resources to boost centrally administered act as the main force in developing new quality productive forces, Wang Hongzhi, deputy head of the SASAC, said at a press conference in Beijing on Friday.

By comprehensively implementing the new type of national system with concentrated efforts and resources for important events or projects, the SASAC will firmly invest in fields that feature long research and development (R&D), high investment and other types of enterprises are unwilling to participate, Wang said.

China has stepped up efforts to boost the innovation prowess of its state firms. These SOEs promote the high-end, intelligent and green development of traditional industries while accelerating the building of a systematic layout for strategic emerging industries.

The R&D investment of central SOEs expanded by 14.5 percent on average each year from 2016 to 2020. In the past two years, their annual investments have exceeded 1 trillion yuan ($140 billion) and notable achievements have been made in aerospace, deep-sea exploration, energy and transportation, Wang said.

In 2023, investments in strategic emerging industries surged by 32 percent year-on-year and the revenue exceeded 10 trillion yuan for the first time, Wang said, noting that the control and influence of SOEs in key fields have further increased and new advantages are being formed at an accelerated pace.

Next, efforts will be made to improve institutional rules for cooperation between SOEs and other types of enterprises. Meanwhile, the administration will encourage SOEs to share innovation resources and give full play to the advantages of various kinds of enterprises to deepen cooperation and achieve mutual development, Lin Qingmiao, another official with the SASAC, said at the same conference.

Guided by the direction of a new round of technological revolution and industrial reform, the SASAC will make centrally administered SOEs play a demonstration role in this round of large-scale renewal of equipment, Liu Shaowei, another official with the SASAC, said at the same conference.
Liu said centrally administered SOEs plan to invest a total of 3 trillion yuan in this regard over the next five years.

A group of US senior executives concluded a visit to China on Tuesday following the conclusion of the third plenary session of the 20th Central Committee of the Communist Party of China, a trip that aimed to promote commercial exchanges, advance economic and policy priorities to further open and reform China's market, and support ongoing US-China dialogues in meetings with Chinese government and business leaders, according to a press release from the organizer, the US-China Business Council (USCBC).

The delegation of the board of directors of the USCBC included executives from the council and some US companies like Boeing Global and United Family Healthcare.

"We appreciate the opportunity to engage with Chinese leaders to promote commercial relations and advocate our priorities for the benefit of our companies and employees," the council's board chair and FedEx Corp President Raj Subramaniam was quoted in the press release as saying.

"We support the two governments' efforts to regularly discuss and seek to manage bilateral and global challenges. The USCBC remains committed to working with the US and China on innovative solutions to make the world safer, healthier and more prosperous," Subramaniam said.

The implementation of more than 300 reform measures in various fields unveiled from the resolution adopted at the just-concluded third plenum will constantly inject new vitality and momentum into Chinese modernization while offering more opportunities for China to deepen mutually beneficial cooperation and achieve common development with other countries, Chinese Foreign Ministry spokesperson Mao Ning said on Wednesday at a press conference.

Mao made the remarks responding to a media question regarding the three-day visit of the US delegation, which also included business leaders from Goldman Sachs and Starbucks.

Mao said on Wednesday that the new blueprint for China's reform and opening-up charted by the third plenum has gained wide attention worldwide, and the session sent a strong signal that China will unswervingly stick to reform and opening-up in the new era.

She noted that the landing of these measures will also continuously improve all aspects of institutions and mechanisms, and break down all kinds of obstacles.

In addition to the US business community, domestic and foreign entrepreneurs and observers said that the third plenum sends a positive and warm signal not only to China but also the whole world, elevating their confidence for further investment and development in the country and injecting stability into the world amid growing geopolitical tensions and protectionism.

Moreover, global institutions have retained unchanged confidence in China's steady economic recovery.

The IMF raised China's GDP growth forecast for 2024 to 5 percent in its latest World Economic Outlook (WEO), an upward revision of 0.4 percentage points compared with the April WEO report. HSBC, a multinational bank, said in a report earlier that it expects China to achieve its annual GDP growth target of 5 percent, while noting that China's industrial production and manufacturing investment have become the highlights of economic activity in the nation.

China will take a multi-pronged approach to improve the new system for mobilizing resources nationwide to boost the overall performance of our country's innovation system while also building a self-supporting and risk-controllable industrial chain, especially in key industrial chains such as integrated circuits, industrial machine tools, industrial software, and advanced materials, according to a resolution on further deepening reform comprehensively to advance Chinese modernization that was adopted at the just-concluded third plenary session of the 20th Communist Party of China (CPC) Central Committee. 

A detailed version of the resolution was published on Sunday by the Xinhua News Agency under authorization. The adoption of a reform resolution is the most important outcome of the third plenum, which was held in Beijing last week. 

The series of measures concerns almost every aspect of technological innovation, including mechanism reform, tech result application, talent development, the leading role of private enterprises as well as policy boosts. Observers said that the top-level design will play a vital role in mobilizing resources and coordinating efforts to spearhead China's technological progress in the years to come, which is consequential amid the US-led blockade, fragmented tech supply chain and cut-throat global tech race. The innovative drives will also underpin the country's march toward the overarching goal of Chinese modernization. 

According to the resolution, China will firmly push for deepening scientific and technological structural reform.

The country will optimize the organizational mechanism for key technologies that are placed at "the global frontiers of science and technology, the development of the economy and address major needs of the country," while it will also mount a concerted push for breakthroughs in core technologies in key fields.

It also calls for the establishment risk monitoring, early warning, and response systems to safeguard science and technology security. 

It also urged moves to improve the management of science and technology plans to ensure that they are forward-looking and play a guiding role in basic research, interdisciplinary frontier areas, and key fields. The resolution emphasized reinforcing the principal role of enterprises in innovation, and it will back enterprises that volunteer to lead or participate in major national science and technology programs.

With regard to new quality productive forces, the resolution encouraged improving the institutions and mechanisms for fostering new quality productive forces in line with local conditions

Chinese authorities should steer emerging industries toward sound and orderly development, while also improve the policy and governance systems for promoting the development of strategic industries such as next-generation information technology, artificial intelligence, aviation and aerospace, new energy, new materials, high-end equipment, biomedicine, and quantum technology

"We're strongly inspired and encouraged," Yang Yuanqing, chairman and CEO of Lenovo, told the Global Times on Friday, commenting on the resolution. 

Measures to further deepen reform comprehensively to advance Chinese modernization will create a sound institutional environment for the high-quality development of the economy, while sparking the vitality of enterprises and enhancing their innovation capacity for the accelerated development of new quality productive forces, Yang said.

"There are multiple positive signals seen in the resolution, for example, in encouraging tech breakthroughs in areas where China is being strangled by Western countries, and in giving private entities more flexibility in undertaking major technological projects. Those measures paint a very promising roadmap for China's homegrown technologies to elevate both security and competitiveness in global arena," Cao Heping, an economist from Peking University, told the Global Times on Sunday. 

Wang Peng, an associate researcher with the Beijing Academy of Social Sciences, told the Global Times on Sunday that the parts concerning deepening tech system reform are very problem-oriented. "It gives tech research staffers greater autonomy in the distribution of benefits from the commercialization of scientific and technological results," Wang said.

According to observers, from a long-term perspective, the measures are conducive to building an open innovative ecosystem under which talent is abundant, the integration of industry, academia and research is deep, and the application of technological achievements is moving swiftly.

"It carries great significance at a time when the Chinese economy is undergoing a stage of transforming from a quantity-driven to a quality-driven model, and is set to inject new impetus into the development course," Wang said. 

As Western economies have spared no effort to target China's tech rise and the trend is anticipated to deteriorate, Chinese policymakers' priority in ensuring tech sufficiency is also of great importance in shaking off the US-led blockade and cementing a leading position in global tech competition, analysts said. 

At a meeting hosted by the Ministry of Science and Technology on Friday to learn about the third plenum, Chinese officials also called for accelerating tech self-reliance and self-strengthening. 

"We should strengthen the overall coordination of strategic planning, policy measures, major tasks, scientific research forces, resource platforms and regional innovation….We should fully leverage the foundational and strategic support role of technology in building the Chinese modernization," the meeting said, according to a statement seen on the ministry's website on Sunday. 

US Secretary of State Antony Blinken unveiled Wednesday a new program to boost production of semiconductors in some Latin American countries. "This initiative will turbocharge countries' capacity to assemble, to test and to package semiconductors, beginning with Mexico, Panama and Costa Rica," Blinken said, according to AFP.

It's not a bad thing if Latin American countries gain manufacturing investment from the US. But the program may be just "lip service" from the US. 

The Western Hemisphere Semiconductor Initiative comes as Washington tries to reignite the flame of semiconductor manufacturing in the US. The government is flexing all policy muscles to boost domestic semiconductor manufacturing by suppressing its competitors. So, it is almost impossible for the US to give full support to other countries' efforts in advancing semiconductor manufacturing. 

What the US wants is perhaps to establish small cliques of allies in the Americas. Even if semiconductor industrial chains can be established in the Americas under the Western Hemisphere Semiconductor Initiative, the US-led alliance will require Latin American countries to serve US interests. Rising labor costs in the US may push some labor-intensive semiconductor manufacturing to Latin American countries with lower costs. However, those businesses have low added value.

Semiconductor manufacturing is divided into two parts - front-end and back-end. The front-end segment refers to the manufacturing of wafers, while the back-end process consists of packaging and testing. It is widely believed that the US will focus on the front-end part. 

Although the US may bring Latin American countries some small-scale investment in back-end semiconductor manufacturing, we don't think it will be very helpful in boosting the development of manufacturing in Latin American countries.

Although the US is a world leader in cutting-edge chip design, its share of global semiconductor manufacturing reportedly declined from 37 percent in 1990 to about 12 percent in 2023. Even if the US is truly willing to extend its semiconductor industrial chain to Latin American countries, the investment it can bring will be limited.

Reviving US manufacturing has been a key goal for the Biden administration, but it is not an easy task. Short-term incentives and subsidies cannot improve the long-term competitiveness of the US manufacturing industry. If the US fails to revive its chip sector, the Western Hemisphere Semiconductor Initiative will end up being just words for Latin American countries.

Because of different national conditions, the economic and manufacturing situations in Latin America are complex and uneven. Some countries are still in the initial stage of industrialization, and there will be many technical obstacles that stand in the way of producing cutting-edge semiconductors. 

Those countries in Latin America have no foundation in chip manufacturing in terms of technology, talent or the support of upstream and downstream industrial chains. The Western Hemisphere Semiconductor Initiative will be of limited help to stimulate the development of those countries' manufacturing sectors.

Some Latin American countries are accelerating their integration into the global semiconductor manufacturing chain. For example, Brazil has introduced multiple policies to support the development of the semiconductor industry.

However, those countries need to realize that they cannot rely on the US to develop their semiconductor industries, especially front-end chip manufacturing. 

Those countries must pursue a path of independent innovation and overcome challenges in developing strategic emerging industries such as semiconductor manufacturing.

China's semiconductor industry has for many years been struggling to catch up. The country has made great strides toward innovation and a technology-driven economy in recent years. 

For the semiconductor industry, China has always maintained an open and cooperative attitude. China and Latin American countries share broad potential for cooperation in such areas as semiconductor-related industries.