China and Brazil have set up a pilot program to trace the cross-border movement of beef, according to China Media Group (CMG).

The program was born out of recent bilateral consultations between GS1 China and competent authorities in Brazil to promote the sustainable development of beef trade between China and Brazil, the report said, noting that the bilateral cross-border trade traceability cooperation will help crack down on counterfeit beef products and ensure food safety.

The consultations were held with Brazilian representatives and experts in beef trade, food safety traceability, and environmental protection. They focused on the buildup of a globally unified beef traceability platform to guarantee the transparency of the beef supply chain and realize full-chain visibility.

The two sides held a unanimous opinion that globally unified standards are the foundation for conducting cross-border food traceability monitoring and are of vital significance in cracking down on counterfeit beef, ensuring domestic food safety, and improving the level of smart supervision.

GS1 China is a government agency under the State Administration for Market Regulation tasked with organizing, coordinating, and administrating article numbering and Auto-ID work throughout China.

The report said the consultations marked a new step between the two countries in beef trade and paved the way for further deepening of cooperation.

Zhou Zhiwei, an expert on Latin American studies at the Chinese Academy of Social Sciences, told the Global Times on Wednesday that as the largest buyer of Brazilian beef, as well as other commodities such as soybeans, China has the right to demand that Brazilian exports meet certain health, safety, and quality standards. The setup of a traceability scheme could help achieve that.

Last March, ahead of a state visit by Brazil's President Luiz Inacio Lula da Silva to China, China resumed imports of Brazilian beef following a brief hiatus over a case of mad cow disease.

In addition, Zhou said such a system will be conducive to Brazil's efforts in promoting green agriculture.

China, the world's largest importer of beef, mainly imports beef from countries including Brazil, Argentina, and Uruguay.

Along with China's economic recovery, its beef imports continue to rise. In 2023, China imported 2.74 million tons of beef, with more than 40 percent sourced from the South American producer, data from Chinese customs showed.

China set a new record for foreign trade in goods in the first half of 2024, representing a year-on-year increase of 6.1 percent to 21.17 trillion yuan ($2.9 trillion), data released by the General Administration of Customs (GAC) showed on Friday.

The data was released ahead of the third plenary session of the 20th Communist Party of China Central Committee, which will be held from July 15 to 18 in Beijing. Chinese experts noted that the better-than-expected trade performance indicated that despite geopolitical uncertainties, Chinese modernization is steadily advancing with the continuous improvement in its industrial structure. 

Over the past years, China has continued to open its doors to the world, greatly contributing to the stability of the global industrial chain and supply chain, injecting more growth momentum into the world's economy, analysts said.

Data also showed that the world increasingly needs China's high value-added products, strongly denying the US-led "decoupling" attempts, they noted.

According to the GAC, the country's foreign trade for the first time in the same period in history exceeded 21 trillion yuan. Moreover, the growth rate of the country's foreign trade accelerated quarter by quarter, growing 7.4 percent in the second quarter, 2.5 percentage points higher than the first quarter and 5.7 percentage points higher than the fourth quarter of last year.

In June, the country reported a 5.8 percent of growth in its foreign trade, continuing to maintain good momentum of stable development, according to the GAC.

"The data not only showed the steady growth of China's foreign trade, but also reflected the country's resilience and adaptability against global economic fluctuations," Wang Peng, an associate research fellow at the Beijing Academy of Social Sciences, told the Global Times on Friday.

Moreover, the better-than-expected performance showed that Chinese modernization is steadily advancing, and the country's products have become more competitive in the global market thanks to its industrial upgrading, said Tian Yun, a veteran economist based in Beijing.

"Boosted by foreign trade, the country's economic growth in the first six months will reach about 5 percent," Tian said, predicting that the total value of China's imports and exports for the whole year will also set a new high.

Exports of China-made electromechanical products have become one of the highlights of the country's foreign trade from January to June. The GAC said that during the period, China's exports of electromechanical products reached 7.14 trillion yuan, an increase of 8.2 percent, accounting for 58.9 percent of the total value of exports. 

Among them, exports of automatic data-processing equipment and its parts and components totaled 683.77 billion yuan, representing an increase of 10.3 percent. Exports of integrated circuits rose 25.6 percent to 542.74 billion yuan, and exports of automobiles stood at 391.76 billion yuan, soaring 22.2 percent compared with the same period last year.

Wang noted that the significant growth of electromechanical product exports is further proof of China's solid position in the global industrial chain, especially in the field of high-tech products.

 "Behind this growth are the nation's continued efforts in scientific and technological innovation, industrial upgrading and brand building," Wang said.

Exports in both the electronic information industry and automobile and ship manufacturing saw strong increases in the first six months, further confirming that China's industrial upgrading is progressing smoothly, and its competitiveness in the emerging industries continues to strengthen, Tian told the Global Times on Friday.

Moreover, the fact that China's share of trade in services and goods in the world is still growing shows that the country has not been affected by the "decoupling" efforts of the US and some Western countries, Tian noted.

As the country's exports in June recorded an 8.6 percent growth from a year earlier in dollar terms, some foreign media outlets reported that China's trade surplus soared to the highest since at least 1990 in June, alleging that the increase in manufacturing and shipments and the increasingly unbalanced nature of Chinese trade has rung alarm bells around the world.

Tian blasted the above-mentioned remarks, noting that the allegation reflects the concern of some countries that China's high value-added products will have an impact on local enterprises when they enter their markets.

"The excellent performance of China's exports was based on the competitiveness of domestic industries and the recognition of international markets. The popularity of Chinese products in the global market is due to their advantages of cost-effectiveness and reliable quality. Protectionist practices will only undermine the fairness and transparency of international trade," Wang noted.

The Chinese government has been strengthening its support and services for its opening-up policy, providing both domestic and foreign-funded enterprises with a broader space for development and a fairer competitive environment.

Four Chinese government departments including the Ministry of Commerce and the People's Bank of China on Friday jointly issued opinions on strengthening the coordination of commerce and finance to support the high-quality development of cross-border trade and investment.

The opinions cover 11 measures including optimizing comprehensive financial services for foreign trade, facilitating the development of cross-border trade and investment, and optimizing the payment and settlement environment.

Despite US government restrictions on exports of advanced products, the country's chip equipment makers are still increasingly dependent on the Chinese market, with exports to China accounting for more than 40 percent of total sales. 

The dependence underscores the highly globalized semiconductor sector, which cannot be stopped by US technology restrictions, experts said.

According to a report by Nikkei Asia, China accounted for 43 percent of sales at Applied Materials in the February-April period, up 22 points on the year. China's share of sales at Lam Research rose 20 points to 42 percent for the January-March period.

This trend seems to run counter to Washington's plans under export curbs targeting China.

In 2022, the US government imposed restrictions on the export of advanced chips and chip manufacturing equipment used in the production of semiconductors, in an effort to contain China's semiconductor development.

Despite the technology blockade, American chip equipment manufacturers are finding it increasingly difficult to decouple from the Chinese market due to China's continued strong equipment spending and significant investments in the industry, Xiang Ligang, a telecom industry expert based in Beijing, told the Global Times on Sunday.

"China's rapid growth in chip manufacturing has created a huge demand for various equipment. While the US is also building factories, their efficiency is lower and they do not have as much growth space. From this perspective, demand in the Chinese market is high, and American manufacturers are certainly eager to sell to China," Xiang said.

A report from Semiconductor Equipment and Materials International released on July 9 showed that global wafer fab equipment sales are projected to increase by 3.4 percent year-on-year in 2024, reaching a new record of $109 billion. 

China is stepping up investment in the chip sector. 

The Shanghai Stock Exchange announced Sunday that it will officially launch a chip design themed index and a chip materials and equipment themed index on its Nasdaq-style sci-tech innovation board starting from July 26 to provide more investment options in the semiconductor industry for the market.

As of June, 102 semiconductor-related companies were listed on the sci-tech innovation board, with a total market value of 1.5 trillion yuan ($207 billion), accounting for 31.7 percent of the total market value of the board, according to the China Securities Journal.

China added another three entry ports to its 144-hour visa-free transit policy on Monday, expanding the policy coverage to 37 ports in total, which will help boost local inbound tourism where the ports are located and promote local economic development through the lifting of services industries and consumption.

The expansion also marks China's ramped-up efforts to improve opening-up in the services sector, analysts said.

The National Immigration Administration (NIA) announced that China's 144-hour visa-free transit policy will be extended to three more entry ports, taking the number of ports covered by the policy to 37.

The three new ports are Zhengzhou Xinzheng International Airport in Central China's Henan Province, Lijiang Sanyi International Airport and the Mohan railway port in in Southwest China's Yunnan Province, the NIA said in a statement.

Starting from Monday, the 144-hour visa-free transit policy at the Zhengzhou airport allowed visitors to travel within the administrative region of Henan. Additionally, the specific area covered by the 144-hour visa-free policy in Yunnan Province will be expanded from the previous Kunming to include eight other cities and regions, such as Lijiang, Dali and Xishuangbanna.

The Mohan railway port will greatly facilitate the entry of foreign tourists entering China through the China-Laos Railway, as Mohan is an important station of the railway at China's border with Laos, Yang Yong, a professor and deputy director of the School of Economics and Management at East China Normal University, told the Global Times on Monday.

"The main sources of Chinese inbound tourism are still concentrated in East and Southeast Asian countries. Therefore, the two newly added transit ports in Yunnan can greatly facilitate the entry of Southeast Asian tourists and enhance the development of Yunnan's tourism," Yang said.

The effect of the visa-free policy has already begun to show results. Driven by policy and market factors, inbound tourism in Kunming ushered in a fast lane of development.

In the first half of the year, foreigners coming to China through Kunming Changshui International Airport, which is a 144-hour visa-free transit port opened in January 2019, continued to increase, with people entering for travel accounting for 77.62 percent. Among this group, the number of foreigners from Malaysia, Thailand, Singapore, Laos and Vietnam ranked in the top five, according to official data.

According to statistics from the NIA, in the first half of 2024, a total of 14.635 million foreign nationals visited China, up 152.7 percent year-on-year. Among them, 8.542 million foreigners entered China through visa-free policies, accounting for 52 percent, an increase of 190.1 percent year-on-year.

"As China continues to open up to the outside world, it is not only necessary to increase economic cooperation but also to increase cultural exchanges. Tourism is an important way to promote people-to-people exchanges," said Yang.

In the past, domestic tourism and outbound tourism developed at a fast pace and became the major growth engine of the tourism sector in China. However, with the introduction of more and more inbound tourism facilitation policies, it is believed that inbound tourism will also develop in an increasingly better way, Yang noted.

"Especially for tourists from Europe and the US, who had little understanding of China before, visa facilitation can greatly promote their travel interest in China," Yang said.

Foreign citizens from 54 countries including the US, Canada, the UK, Austria, Belgium, the United Arab Emirates and Qatar who enter China through the designated entry ports and hold valid international travel documents and connecting tickets to a third country or region within 72/144 hours, will be allowed to stay in designated areas for tourism, business, and visiting relatives visa-free, according to the NIA.

The visa-free policy has played an important role in promoting inbound tourism, Jiang Yiyi, a vice president of the School of Leisure Sports and Tourism at Beijing Sport University, told the Global Times on Monday.

The visa-free policies launched in January 2013 have played a crucial role in supporting China's high-level opening-up and facilitating international travel and exchanges, the NIA said in a statement.

"In recent years, China has accelerated the supply-side reform of tourism, having promoted the in-depth integration of culture and tourism, and created a wealth of high-quality tourism products. Cultural tourism experiences, such as watching Chinese dramas, wearing hanfu and visiting museums, allow inbound tourists to have a deep understanding of Chinese culture and experience local characteristics." Jiang said.
China's overall reception capacity and public service level of inbound tourism have been continuously improved, and the shortcomings such as payment facilities have been further solved, providing foreign tourists with international-level travel services, Jiang noted.

The Hong Kong Special Administrative Region Chief Executive John Lee revealed on Tuesday that the National Forestry and Grassland Administration has selected a pair of male and female giant pandas, aged between 5 and 8 years, to make their new home in the city, emphasizing that efforts are being made to ensure the giant pandas to arrive in Hong Kong by October 1.

These two giant pandas are in their prime and adulthood, and are in robust health, Lee said, expressing the hope that they will thrive and reproduce in Hong Kong.

The male panda, weighing around 120 kilograms, agile, very energetic, is characterized as "intelligent and active," while the female panda weighs about 100 kilograms and is described as "gentle, elegant, and described as docile and cute," Lee told a group of reporters on Tuesday in Southwest China's Sichuan as he is currently visiting the province to work on the details for welcoming the pair of pandas to Hong Kong.

The pair of pandas are currently undergoing acclimatization at the Dujiangyan Base of the China Conservation and Research Centre for the Giant Panda, and will undergo a 30-day quarantine there, followed by another 30-day quarantine upon arrival in Hong Kong. They will need to adapt to their new environment before they can meet the public.

Lee announced on the occasion of the 27th anniversary of Hong Kong's return to the motherland on July 1 that the city will welcome the new pair of pandas.

Lee said the most important task during his visit to Sichuan this week is to expedite the arrival of the giant pandas in Hong Kong, select the pandas, and finalize the agreement as soon as possible. The details of the agreement will be announced later.

Upon returning to Hong Kong, there will be a series of follow-up tasks, including the Cultural, Sports, and Tourism Bureau and Ocean Park designing promotional activities, the CE noted.

"We hope to make the great event of the giant pandas coming to Hong Kong as perfect as possible," he said, with the goal of having the next generation of giant pandas born in Hong Kong.

Experts will closely monitor the pandas once they enter their breeding period and will make appropriate arrangements.

If the pair of giant pandas gifted to Hong Kong could give birth to a panda, we hope it will not just be a single cub, as giant pandas have also given birth to twins. Therefore, it is essential to thoroughly understand the health and state of these giant pandas, as the breeding period is very short, Lee said.

The agreement between the two sides stipulates that if mainland experts are needed in Hong Kong for assistance, discussions will be held based on the specific situation. He described the birth of a new generation of giant pandas as very rare and symbolically significant under the One Country, Two Systems principle, adding that Hong Kong residents are eager to see the birth of the next generation of giant pandas.

Ocean Park is preparing for the arrival of the pair of giant pandas. This includes sending caretakers to Sichuan for training and understanding the habits of the pandas that will relocate to Hong Kong, to ensure proper care in the future, Secretary for Culture, Sports and Tourism Kevin Yeung was quoted as saying in the media reports on Tuesday.

The park will also improve the current facilities for the pandas, such as adding plants or climbing structures, and consider increasing photographic equipment to enable real-time sharing of the pandas' activities, the Hong Kong official said.

Also, before the pandas depart for Hong Kong, bamboo grown in South China's Guangdong Province or at Ocean Park will be sent to Sichuan to allow the pandas to become accustomed to it in advance.

Ocean Park will also support health check procedures for the pandas and cooperate with the Agriculture, Fisheries, and Conservation Department to ensure the quarantine process in Hong Kong is completed smoothly, Yeung said.

The office of the food safety commission of the State Council established a joint investigation team on Tuesday as public concern continues to foment following a report by The Beijing News, which revealed a startling scandal of the mixed use of tankers for edible and chemical oil.

Companies such as Hopefull Grain and Oil Group and China Grain Reserves Oil and Fat (Tianjin) Co., Ltd. have been implicated in this scandal.

The office of the food safety commission of the State Council said it attaches great importance to the issue raised by the media outlet and has organized a special meeting with multiple relevant national departments.

They vowed to severely punish the illegal activities of the companies and individuals involved according to the law, with no tolerance. At the same time, measures will be taken to conduct a special inspection on hidden risks in the transportation of edible oil. The results of the investigation will be promptly announced, according to the announcement.

On Saturday, China Grain Reserves Oil and Fat (Tianjin), a subsidiary of the China Grain Reserves Management Group Sinograin, announced on social media that they have initiated a comprehensive investigation throughout their entire system.

While probes launched both by the authorities and Sinograin are underway, netizens were shocked to discover that similar accusations of the "contaminated transportation" of food and chemical oils in the same vehicles had been going on for a long time in the country, citing news reports separately released by ngzb.com in 2005 and a program on Hunan TV in 2015.

Legal experts reached by the Global Times on Tuesday highlighted the deficiencies in food safety supervision that require immediate attention and rectification. Also, they stressed that food safety problems should be nipped in the bud and called for more relevant companies to conduct self-examination and self-correction.

The public outcry began in early July when The Beijing News reported that tanker drivers were engaging in a common practice of transporting food and chemical liquids in the same vehicles without cleaning them in between loads. This revelation exposed a longstanding issue within the tanker industry that had previously gone unnoticed.

Many domestic cargo tanker trucks transport both edible liquids including syrup and soybean oil, as well as chemicals including coal oil, according to the news report.

In order to save on costs, some operators do not clean the transportation tanks, and edible oil producers do not check the tanks according to regulations, resulting in chemical residue and contamination of edible oil, The Beijing News reported.

In response, Sinograin has launched a large-scale special inspection.

According to a statement issued by Sinograin on its official Weibo account on Saturday, all affiliated companies are required to rigorously check whether the transportation tools entering and leaving their warehouses meet the requirements.

Additionally, they are required to examine whether the carriers' transportation tools are in compliance with food safety regulations, and whether the operation meets the relevant standards.

On Tuesday, a representative from the Hopefull Grain and Oil Group told the Global Times that the company is conducting a thorough self-inspection and more detailed updates are awaiting notification from the publicity department of the city of Sanhe in North China's Hebei Province, where the company is located.

According to Chinese media outlet nbd.com.cn, on Tuesday, China Grain Reserves clients have received notification from the company requesting verification of the sources of the last three loads on their transport vehicles, particularly focusing on the loading records of oil products. One individual described this incident as a "rare occurrence" that touches upon the "moral bottom line and basic conscience."

The scandal also prompted probes from local authorities.

An official from the Sanhe government told the Global Times on Tuesday, that the local authorities are paying great attention to the incident, with the relevant departments actively conducting an investigation.

Both the market supervision authority in Hebei's Langfang, which administers Sanhe, and that of Tianjian, responded to inquiries from Chinese media outlets on Tuesday, stating that an investigation into the incident is currently underway with the probe results to be made public.

The Global Times found Tuesday that some Sinograin's edible oil products have been taken down from Taobao, a popular Chinese e-commerce platform. Only one product from the Jinding brand, which is owned by Sinograin, was still available on Taobao. But Jinding products are still being sold on JD.com.

The incident has sparked public concerns about food safety with many urging the recall of problematic edible oils and a demand for a thorough investigation and stiff punishments for the people responsible. Also, some netizens expressed their respect toward the journalists who followed up on food safety issues and exposed them in the investigative news reports.

Zhu Wei, a vice director of the Communication Law Research Center at the China University of Political Science and Law, told the Global Times on Tuesday that the incident has shaken public confidence on the effective enforcement of food safety regulations, noting the mixed use of tankers for edible and chemical liquids without cleaning is a clear violation of regulations and laws.

"When it comes to food safety issues, we must take preventive measures rather than waiting until something happens and then make corrections," Zhu said, calling for more companies involved in food security to self-examine and self-correct.

Reviews and summaries of data monitoring and netizens’ reporting on online rumors by China Internet Joint Rumor Refutation Platform show that internet rumors circulating during June primarily focused on hot topics such as disasters, exam and recruitment policies and travel information.

According to the platform, rumor mongers used tactics such as fabrication, exaggeration and misrepresentation to create falsehoods, disrupt public perception, interfere with flood control and disaster relief, and disrupt the orders of exam and recruitment work, which have harmed the public interests and caused a negative impact.

In terms of fabricating and spreading disaster-related rumors that disturb flood control work, individual we-media accounts and netizens took the opportunity as many regions across the country have fully entered the flood season in June with natural disasters occurring frequently to fabricate or exaggerate disaster situations, disrupt the normal orders of disaster relief and causing public anxiety and panic.

Rumors such as “floodwater flowing into underground parking garages in Zhengzhou, Central China’s Henan Province” and “heavy rains triggering mudslides that destroyed numerous homes in Guilin, South China’s Guangxi Zhuang Autonomous Region” either distorted facts and rehash old news, or fabricated stories maliciously, seriously misleading overall public perception of actual events.

In addition, rumors related to recruitment of colleges and senior high schools often involved risks of fraud and harmed the public’s interests. Some institutions impersonated official authorities to engage in events such as paid consultation activities for college entrance examinations and admissions to scam candidates and parents.

Some other institutions and individuals made use of social media to scam job applicants of “service fees” and “consultation fees” during the job-hunting process.

Furthermore, tourism-related rumors also have been increasing as the vacation peak season approaching, which disturbed the public’s opinions.

The rumor saying that “each person receives a subsidy of 3,169 yuan for traveling to Southwest China’s Yunnan Province” seriously misinterpreted Yunnan’s tourism policy which is entirely false publicity meant to deceive the public. The rumors of “Mount Qomolangma being closed indefinitely” and “merchants spreading nails on the Duku Highway in Usu city, northwest China's Xinjiang Uygur Autonomous Region to earn money for tire repairs” are either misunderstandings or distortions and sensationalism, causing public concerns over the troubles of the local culture and tourism industry.

In addition to these misleading rumors, some we-media and netizens fabricated social events, concoct false information, mislead public understanding, and disrupt social order. The rumor about “a livestock farm in Deyang, Southwest China’s Sichuan Province, falsely reported inventory to fraudulently obtain 200 million yuan in subsidies” fabricates facts and seriously damages the credibility of policies benefiting the farmers and agriculture. Other rumors such as “Yongfu Temple in Hangzhou, East China’s Zhejiang Province being sold for 70 million yuan” used sensational headlines to maliciously attract attention, causing negative social impacts.

As the peak of the summer vacation travel season and college admissions approaches in July, rumors and scams related to people’s livelihood such as travel, traffic safety, enrollment policies, and job markets may appear more frequently. China Internet Joint Rumor Refutation Platform reminded the public to maintain a calm, rational and objective attitude, effectively enhancing their abilities in identifying, distinguishing and preventing rumors.

China is promoting high-quality imports of soybeans alongside its growing domestic production. Chinese agricultural experts and industry insiders noted that the cooperation between China and Russia in the soybean industry serves as win-win cooperation which not only meets China's growing import demand, but also provides Russia with a huge export market and development opportunities.

Agricultural experts from China and Russia have conducted in-depth discussions on bilateral cooperation, food security, food processing, providing suggestions and support for the development of agriculture in both countries, chinanews.com reported.

The meeting was held amid the ongoing eighth China-Russia Expo from May 16 to 21 in Harbin, Northeast China's Heilongjiang Province, which borders Russia's Far East region. Analysts said that Russia has huge potential in soybean cultivation and exports, which is also an important focus of cooperation between the two sides.

The cooperation between China and Russia in various fields such as energy, agriculture, finance, infrastructure is accelerating. Meanwhile, business representatives from the two countries remain enthusiastic about the future of bilateral trade ties.

Driven by the market need for diversifying sources of supplies for food security reasons while reducing reliance on singular suppliers, it is believed that China's soybean imports from Russia will increase in the near future, experts said.

Russia is also likely to become a major supplier of carbohydrate foods such as wheat, rice, and corn to China, reducing the country's reliance on protein (mainly referring to soybeans) imports from the US. This shift in trade dynamics will strengthen the cooperation between China and Russia in the agricultural sector, an industry insider told the Global Times on Thursday.

"Russia's extensive landmass and suitable climate in the east, which resembles that of China's key soybean producing regions including Heilongjiang, have led it to becoming an emerging soybean supplier for China," Xin Dawei, a professor at the Northeast Agricultural University told the Global Times on Thursday.

In fact, Russia has become one of the important importers of non-genetically modified soybeans for China. As Russia has started to develop its Far Eastern region, soybean trade between the two countries will see new impetus, Xin said.

China's soybean supply remains stable on the market as domestic output is steadily increasing, coupled with sufficient imports. China's soybean production reached 41.68 billion jin (20.84 million tons), an increase of 2.8 percent year-on-year, data from the National Bureau of Statistics showed.

China is one of the largest markets for agricultural commodities and also the world's largest importer of soybeans. As the supply and demand of grains in China have long been in a tight balance, moderate imports are important to ensure China's food security, effectively compensating for the structural shortage of grain production, Chen Yijuan, a soybean analyst from Shanghai told the Global Times.

In 2023, China imported 99.4 million tons of soybeans in total, an increase of 11.4 percent year-on-year, with an import value of 419.9 billion yuan ($58.1 billion), according to statistics from the General Administration of Customs of China.

Currently, the US and Brazil both serve as primary sources of China's soybean imports, with the proportion of China's agricultural imports from Brazil steadily increasing. Among them, Brazil's share rose to 70 percent, while the US share decreased to 24 percent, according to public data.

Industry insiders said that the reason China now seeks to import substitutes from Brazil, Argentina and Russia is because their lower prices are still cheaper compared with domestically produced soybeans. They predicted that there will be more cooperation and development opportunities in the field of agriculture between China and Russia.

Chinese tech companies such as Tencent, Alibaba and ByteDance are working hard to upgrade powerful large language models (LLMs) that power chatbots, in an effort to stay ahead of the growing competition in the artificial intelligence (AI) arms race.

Tencent said it has fully upgraded and open-sourced its self-developed MixNet model, amid a battle by tech companies to develop ever-more advanced AI tools, according to Jiemian News on Tuesday.

The model will reportedly become the first Chinese native-language open-source model with so-called diffusion transformer architecture, a novel approach to generative modeling.

The release of Tencent's LLM coincides with OpenAI's new flagship model GPT-4o on Tuesday. GPT-4o is an LLM tool that can reason across audio, vision and text in real time.

According to the company's statement, this new application has significant improvement in text in non-English languages, and it's also much faster and 50 percent cheaper.

The new release comes one day ahead of Google's annual I/O developer conference, where it's expected to announce updates to its Gemini AI model, according to CNN. 

The roll-out of the latest version of the ChatGPT AI chatbot indicates that OpenAI is under great pressure to commercialize its models, and it is working hard to prove its commercial value, Tian Feng, dean of the SenseTime Intelligence Industry Research Institute, told the Global Times on Tuesday.

As Chinese companies have been racing to launch AI large models to narrow the gap with OpenAI, it will deliver a wave of "AIGA innovation," AI generates audio and sound perception, to China's domestic LLMs and Agents ecosystem, Tian noted.

Technological advances are the most powerful weapons in the journey toward AI, and they are key to keeping one step ahead of the growing competition in the AI arms race, experts said.

Leading Chinese AI models are mainly developed by tech giants - 360 Group, Baidu, Tencent and Alibaba, experts said.

Baidu, SenseTime and AI start-ups such as Baichuan Intelligent Technology and Zhipu AI have released AI chatbots to the public. Chinese unicorns such as Moonshot AI and Minimax have developed their own chatbots, and this has provoked discussions about the commercialization prospects of China's LLMs.

As of the end of 2023, there were more than 200 LLMs in China, more than 20 of which had been approved to provide services to the public, China Media Group reported.

More Chinese technology giants are fully embracing LLMs and training their own models. But aAdmitting that there is still a significant gap between domestic LLMs and those of their Western counterparts, Chinese experts said it's important for Chinese start-ups to follow the latest global developments in order for China's own GPTs to catch up.

Industry insiders said that Chinese companies need to make more technology breakthroughs and use the results of research and development, and apply all of these inputs to real-world scenarios.

The integration of AI into more widely used consumer products such as such as mobile assistants, car assistants, robots and Augmented Reality goggles, may make those companies' technologies more widely and easily accessible.

The China-Russia Expo, the highest-level and most extensive exhibition hosted by the two countries, has become a major platform for fostering industrial partnerships, and a pivotal avenue for local collaborative initiatives, said an official from the Ministry of Commerce (MOFCOM) during a press conference on Monday, while also pledging to facilitate and intensify bilateral trade ties and regional cooperation in the future.

The remarks were made in anticipation of the upcoming 8th China-Russia Expo. As part of the 75th-anniversary celebrations of China-Russia diplomatic relations, the six-day event will be held in Harbin, the capital of northeast China's Heilongjiang Province from May 16 to 21, coinciding with the 33rd China Harbin International Economic and Trade Fair. 

With a theme of "cooperation, trust, and opportunities," the expo will focus on various sectors such as cultural tourism, high-tech equipment, traditional and alternative energy, finance, and education among others, aiming to foster comprehensive, multi-faceted, and profound exchanges and collaborations between the two countries, said a local official from Heilongjiang.

This year's expo is expected to achieve records in both scale and influence. Russian exhibitors will comprise 137 companies, occupying a record-breaking 3,267 square meters of exhibition space. Additionally, 1,246 companies from 21 provinces, regions, and municipalities across China will participate, showcasing the tangible implementation of the China-Russia comprehensive strategic partnership of coordination for a new era, according to local media reports.

Since it was inaugurated in 2014, the expo has attracted over 7,200 Chinese-Russian companies and 10.05 million attendees, resulting in deals worth 446.8 billion yuan ($61.99 billion) across various sectors. Over the past decade, the expo's features have gradually shifted from traditional sectors such as energy, minerals, and mechanical electronics to emerging sectors including medical devices, the digital economy and new energy, said Liu Xuesong, director of the Department of Eurasia Affairs at MOFCOM.

Under the new paradigm of China-Russia relations, economic and trade cooperation between the two sides has made significant strides in recent years. In the first quarter of 2024, the bilateral trade volume was $56.68 billion, up by 5.2 percent year-on-year, maintaining an upward trajectory. Moreover, the trade structure continues to improve, with increasing ties in emerging areas such as services trade and cross-border e-commerce, according to official data.

Looking ahead, Liu pledged at the press conference to further enhance China-Russia trade and investment cooperation, bolster the resilience of industrial supply chains, and elevate the facilitation and liberalization of bilateral and regional ties, in a bid to foster a favorable policy environment for expanding bilateral trade.

The China-Russia Expo is jointly hosted by China's MOFCOM, the Heilongjiang provincial government, Russia's Ministry of Economic Development, and its Ministry of Industry and Trade. The 7th expo was held from July 10 to 13 last year in Yekaterinburg, Russia.