On Chinese Mediaa

Cooperative Development on the Belt and Road

China Financial Weekly Issue No. 9， 2017

The Belt and Road， like a shimmering colored ribbon， connects Chinese enterprises with partners along this extensive route.

The Yutong Group has modified its design of buses destined for France by lowering their floors and doors to street level， winning commendation from both customers and passengers. In India， 2D barcodes emblazon everything from roti prata stands to movie posters， and Chinas Ant Financial Group makes life for local residents even smarter as well as more convenient.

These are just a few of the successful international innovations by a group of dynamic Chinese enterprises that share a global mindset. By expanding as one， Chinese companies and their partners transform the conventional buyer-seller relationship into one of cooperation. With the help of the Belt and Road Initiative， these pioneers reap commendations throughout the world， so encouraging more overseas companies to go hitchhiking along this updated historical route.

In applying Eastern wisdom to global development potential， the Belt and Road Initiative has prompted a widespread international response. On November 17， 2016， the Belt and Road Initiative was incorporated into the UNGA resolution， and on March 17， 2017， the United Nations General Assembly accepted the concept of building a community of shared future and called for the strengthening of regional economic cooperation via the construction of the Belt and Road.

“Chinas development benefits from the international community， and the country is willing to provide more public goods to the international community，” President Xi said at the G20 Summit in Hangzhou in 2016. “The Belt and Road Initiative aims to share Chinas development opportunities with countries along the route and thus achieve common prosperity.”

From its origins in China， the benefits of the initiative will spread universally. During the past three years， the construction of the route has become an anticipated highlight of the global economy. More than 100 countries and international organizations have proactively responded to the initiative， and over 40 have signed cooperation agreements with China. The circle of Belt and Road friends thus continues to expand.

The Belt and Road offers Chinese enterprises unprecedented opportunities to expand global business. By the first quarter of 2017， Chinese firms had invested more than US $50 billion in countries along the Belt and Road. A series of major projects has boosted local economic development and created many job opportunities.

Next Stop Xiongan

Sanlian Lifeweek Issue No. 17， 2017

Now that its subsidiary administrative center is based in Beijings southeastern suburb of Tongzhou， the next step of establishing the Xiongan New Area aims to carry out further transfers of Beijings non-capital functions.

As a brand new geological concept， the Xiongan New Area， sitting at the center of the area covering Beijing， Tianjin， and Baoding， spans the counties of Xiongxian， Rongcheng and Anxin in Hebei Province. About 100 km from Beijing， it is likely to become a new hub for growth.

From the market perspective， Xiongan does not enjoy the advantages of Shenzhen or Pudong. Nor does it compare in this respect with the Binhai New Area of Tianjin. Its potential lies in an absence of intervention in its vested interests. It hence constitutes a crucible for top-level design. With a long-term planning area of 2，000 square kilometers， it is larger than Shenzhen and equivalent to Pudong， and has immense potential.

With space enough to explore a new pattern for a densely populated district， the new area will become another “Silicon Valley，” but not another mega city with a population of over 20 million. It will rather be a community of numerous linked small towns； an innovative heartland featuring energy security， infrastructure， communications， rail transit， ecological environmental protection， information networks， and smart cities.

Youth Reshapes Itself

South Reviews Issue No. 9， 2017

“Youth” is a mobile concept， borne of the rapid acceleration from new to old.

When handling reality， many young people display contradictory attitudes. On the one hand， they escape from reality and live in a mediacreated world. This phenomenon is evident in the young people who stay at home playing computer games and watching live streaming videos， displaying symptoms of repression. On the other hand， they learn about and deal with the world via media， which makes them egocentric.

The youth of today sorely needs motivation to act， not as a means of self-enhancement or becoming part of the social elite， but more to achieve social progress. The right ambience and social incentive mechanism could make even a stay-at-home youth willing to take action and regain vitality.

A great many young people are already taking action. They include those who have become involved in poverty alleviation， and who have gone back to their rural hometowns to set up and run businesses. This is how they improve and make their abstract world more concrete， so spurring their native creativity and vitality. They thus not only change themselves， but also accumulate acumen sufficient to change society.

Surge in Bike Sharing

Caijing Magazine Issue No. 9， 2017

With their “free rides” and “rebate” promotions， Mobike and ofo， the two leading bike sharing companies in China， are utilizing the competitive techniques of their Internet predecessors. In doing so their aim is clear – to scale up rapidly and consolidate the resultant lead.

The competition started in December 1， 2016， when ofo took the lead by offering free rides for all registered users in Beijing and Shanghai. Mobike responded on January 24， 2017 by offering free rides in Beijing.

The two titans use of strategies that cultivate user habits by offering free rides and subsidies in efforts to seize the market， is reminiscent of the competition between DiDi and Uber， the two taxi-hailing companies. Some even anticipate a potential merger between Mobike and ofo.

Although on the market for less than two years， the two companies have expanded quickly. They dont have a market monopoly， however. Capital-driven competitors are inevitable.

Caijing Magazine holds that a merger between Mobike and ofo is unlikely， at least in the short run. In the process of self-development they will both absorb smaller competitors. The forthcoming regulatory policy will also generate far-reaching impact on this market. For better or worse， all industries must weather ups and downs， and bike sharing is no exception.

Chinas Own Car Brands

Xinmin Weekly Issue No. 16， 2017

The 2017 Shanghai Auto Show witnessed another gathering of cutting-edge technology and dazzling products. This auto fest celebrated throughout its 360，000-square-meter exhibition area the world debut of 113 new models， 159 new energy cars and 56 concept cars.

It was also an arena for competition between foreign and Chinese brands. It was not long ago that foreign competitors put Chinese selfowned brands in the shade. Today， having embraced core technology and self-innovation， domestic brands are on the counterattack.

China managed to produce and market more than 28 million cars in 2016. The country has maintained a world number one ranking in this respect for eight consecutive years. Domestic sedan brands accounted for 43.2 percent， marking a new peak. Domestic brands also supplied half of the SUV market.

The 2017 Shanghai Auto Show was an excellent opportunity to showcase the innovative achievements of domestic brands. Among the various models featured， Chinese brands upheld technical and systematic innovations. They thus transformed “Made in China” into “Made with Wisdom，”displaying the proactive drive to become stronger and fulfill the Made in China 2025 strategy.