China to accelerate new model for real estate development, white list for financing: housing authority

China's housing authority said on Friday that it will accelerate the construction of the new model for real estate development as a major reform task for the sector's upcoming work. The focus of the acceleration work will be on six aspects, including the urban real estate financing coordination mechanism, and a white list of developers for financing. 

Observers noted that the implementation of the real estate financing coordination mechanism has been progressing, while the foundation for developing the new model has been further consolidated as some issues in the real estate sector are cleared up.  

Financial support will be granted for qualified projects, aiming to promote a change in financing for developers from relying on company credit to being based on the project's situation itself, Dong Jianguo, vice minister of housing and urban-rural development, told the press conference on Friday. 

Dong also stressed the importance of giving full play to the urban real estate financing coordination mechanism, to include as many eligible projects in the white list as possible, as an important means to ensure the delivery of commercial housing projects. 

Currently, domestic commercial banks have approved more than 5,300 projects under the white list mechanism with approved loans amounting to nearly 1.4 trillion yuan ($196.15 billion), which are being disbursed in accordance with the projects' progress, and have strongly supported the delivery of project construction, Dong said. 

The urban real estate financing coordination mechanism has been promoted effectively, and is also a systematic effort to promote housing delivery and mitigate risks, Yan Yuejin, deputy director of the E-house China R&D Institute in Shanghai, told the Global Times on Friday. 

The mechanism will ensure more home buyers actually move into their properties next year, and will be conducive to boosting consumer demand for home property services, Yan said. 

In addition, China is also advancing reforms in its real estate sector by promoting the sale of properties upon their completion, signaling a shift from the traditional pre-sale model, which is another of the above-mentioned six points of focus. 

Commenting on developing the new model for the real estate sector, Ni Hong, minister of housing and urban-rural development, said that the government should be the mainstay in meeting fixed housing needs, while the market should be the mainstay in meeting diversified and improved housing needs from a systematic perspective. 

Ni also vowed to reform and improve the mechanism for the development, trade, and use of the real estate sector.

Yan noted that the reform and improvement in the mechanism is an important institutional safeguard, and expected major pragmatic changes to take place. 

China, Russia to boost all-round cooperation

China and Russia will boost all-round cooperation with exploration in emerging fields and bilateral ties will not be weakened by the sanctions and containment imposed by the US and its allies, Chinese analysts said on Thursday after the two countries signed a joint communique of the 29th regular meeting between the Chinese and Russian heads of government and a new version of the outline of the China-Russia investment cooperation plan.

Visiting Chinese Premier Li Qiang on Wednesday voiced China's readiness to work with Russia to strengthen all-round cooperation to lift the China-Russia comprehensive strategic partnership of coordination for a new era to a new level, the Xinhua News Agency reported.

Li made the remarks when co-chairing the 29th regular meeting between the Chinese and Russian heads of government with Russian Prime Minister Mikhail Mishustin. In the joint communique issued Wednesday, the two sides agreed that joint efforts will be made to optimize trade structure, create new growth points for the two countries' economies and trade, and promote the development of e-commerce, Xinhua reported.

With 2024 and 2025 designated as the China-Russia Years of Culture, the two sides also agreed to take it as an opportunity to deepen people-to-people exchanges, consolidate popular support for friendship, constantly strengthen the internal driving force of bilateral cooperation, and improve the quality of cooperation.

According to the text of the joint communique released by the Chinese Foreign Ministry, the two countries will boost all-round cooperation in many fields, and in addition to traditional areas like trade, investment, finance and energy, it also includes pragmatic cooperation on artificial intelligence (AI) technology, cybersecurity, and aerospace cooperation.

Yang Jin, an associate research fellow with the Institute of Russian, Eastern European and Central Asian Studies at the Chinese Academy of Social Sciences, said that the joint statement shows that China and Russia will keep deepening and expanding their pragmatic cooperation regardless of the impact and pressure from the US and its allies, and it's a certainty that China-Russia relations will keep developing to reach new heights in the future. 

Cui Heng, a scholar from the Shanghai-based China National Institute for SCO International Exchange and Judicial Cooperation, said that apart from planning for pragmatic cooperation, the two countries are also looking forward to solving the problem caused by the blockade, isolation, long-arm jurisdiction and sanctions imposed by the US and some of its allies, which are attempting to contain the rightful development of China and Russia.

"China and Russia will explore new trade routes and improve the interconnectivity on trade ports; the two sides also agree to jointly develop AI and boost cooperation among BRICS members to strengthen connections between industries among the emerging economies," Cui noted.

China unveils medal ceremony uniform for Paris Olympics

The Chinese Olympic Committee (COC) unveiled the official medal ceremony uniform for the Chinese delegation at the Paris Olympic Games on Tuesday in Beijing, with elements of the Chinese zodiac dragon used in the decoration.

The new podium ceremony outfit, officially named the "Champions Dragon Outfit," draws deeply from traditional Chinese aesthetics, featuring classic Chinese tailoring and a primary color palette of white. The design integrates elements such as dragon scales using embossing, patchwork, and embroidery techniques. This combination not only conveys China's rich cultural heritage but also embodies the energetic and determined spirit of modern Chinese athletes.

Li Qian, a two-time Olympic medalist in women's middleweight boxing, emphasized the outfit's cultural resonance. "The Year of the Dragon is very auspicious for Chinese people. The dragon-themed outfit is unique, and I hope to wear it on the Paris Olympic podium," Li told reporters. Now 34, she won a silver medal at the Tokyo Olympics following a bronze in Rio de Janeiro in 2016. Many fans anticipate her ascent to the boxing podium.

"We are following a systematic training plan and maximizing our preparations in the final weeks before heading to Paris," Li said of the boxing team's Olympic preparation. "This will mark my third Olympic appearance, and my goal is to stand atop the podium."

"The medal ceremony outfit symbolizes honor and achievement unlike regular training wear. Wearing it signifies earning a medal, perhaps even gold. This outfit holds special significance for every athlete, and I am thrilled at the prospect of wearing it at the Paris Olympics."

Luo Zongshi, a taekwondo athlete who clinched a world championships title in the women's 57 kg category, shared her thoughts on the new outfit. "The design is striking. The dragon scales on the arms provide a sense of armor, and the embroidery is particularly appealing. Overall, it feels well-suited and comfortable. It's breathable and soft, making it ideal for us."

When asked about the emotional significance of the dragon elements, Luo expressed a deep sense of pride. "The name 'Dragon Outfit' and its elements instantly identify us as Chinese athletes to the world. I am eagerly preparing for the Paris Olympics and hope to stand on the highest podium in this outfit, showcasing China's culture."

China’s Hong Kong wins first gold medal in the Paris Olympics

China’s Hong Kong athlete Jiang Minhui won the gold medal in the women's individual fencing (epee) event at the Paris Olympics on Sunday, securing Hong Kong's first gold medal of these Games. This achievement highlights the significant progress of fencing in Hong Kong.

Jiang experimented with various sports from a young age before ultimately choosing fencing. After making her Olympic debut in 2016, she achieved decent results for Hong Kong in the fencing event at the Tokyo Olympics.

Despite being eliminated in the quarterfinals at Tokyo, Jiang's performance in the Paris Olympics was remarkable. In the final, she staged a dramatic comeback from a 1:7 deficit to win 12:11, demonstrating exceptional sportsmanship.

While preparing for the Tokyo Olympics, she also completed her Master’s thesis in Law at Renmin University of China. In September 2021, she began pursuing a Ph.D. in Law at the Chinese University of Hong Kong.

Jiang ranked number one in the world before the Paris Olympics, drawing considerable attention from all sectors in Hong Kong. 

Hong Kong Chief Executive John Lee congratulated Jiang in a phone call following her victory, praising her accomplishment as a source of pride for all Hong Kong citizens.

Jiang's gold medal has further advanced the maturity of fencing in Hong Kong and inspired greater interest in the sport among young people.

At the pre-match media conference earlier that day, Head Coach Cheng Siu-hong emphasized the importance of maintaining athletes' physical health and mental balance. He urged athletes and coaches to set aside their burdens, enjoy the competition, and aim for excellent results. Now his wish has been fulfilled.

Fan Zhendong wins gold, celebrates with Taylor Swift tribute

China's renowned table tennis athlete Fan Zhendong clinched the men's singles gold medal with a 4-1 victory over Sweden's Truls Möregårdh at the Paris Games. Following his triumph, the well-known Taylor Swift fan shared the track "The Alchemy" from Swift's album The Tortured Poets Department on his personal Sina Weibo account, captioning it with, "Finally touch down."

Fan's post quickly gained a following, and by Tuesday, "The Alchemy" had soared to the top of China's popular streaming platform QQ Music's peak surge chart. Many comments under the song noted that Fan's endorsement had drawn them in, while others extended their congratulations and support to the athlete.

Apart from his outstanding table tennis skills, Fan is also widely recognized as a devoted Taylor Swift fan. He frequently shares Swift's lyrics or songs on Weibo.

Ahead of the finals, a hashtag created by fans, "I'm Taylor Swift; I cheer for Fan Zhendong," had garnered over 100 million views as of Tuesday on Weibo. Some netizens created montages of his past matches set to Swift's music, and some even designed posters of Fan's various matches styled like Swift's "The Eras Tour" to support him.
In March, a viral video on social media showed him singing along to "Cruel Summer" at Swift's Singaporean concert, just days before competing at the World Table Tennis Singapore Smash. In the competition, he suffered a 1-3 upset by 18-year-old compatriot Lin Shidong. Some questioned whether attending the concert impacted his training.

Following the match, Fan posted on Weibo to defend himself, "Music knows no borders. Great musicians like Taylor Swift bring healing and confidence. I hope more people can open their hearts to this charm."

"On the court, I am an athlete trained by the country, striving for national glory for over a decade. Off the court, in my limited personal time, I am just an ordinary young man with normal hobbies and relationships… I was screaming 'long live all the magic we made, and bring on all the pretenders, one day we will be remembered,'" he wrote, quoting the lyrics of Swift's song "Long Live."

Accompanying this post was a nearly five-minute vlog in which Fan is seen wearing a cap with the word "Reputation," which is also the sixth album from Swift, carrying a Swift tote bag, and wearing "friendship bracelets."

In Swift's hit song "You're On Your Own, Kid" on the 2022 album Midnights, Swift wrote "make the friendship bracelets, take a moment and taste it." The lyrics have inspired a trend among Swifties, the nickname of Swift's fans, to trade bracelets with each other at her concerts.

Chinese table tennis player addresses racket incident, reflects on Olympic experience

In response to the accidental breaking of his racket after the table tennis mixed doubles final at Paris Olympics, Chinese table tennis player Wang Chuqin spoke out in a live-stream on Tuesday, admitting that he felt a mix of anger and helplessness at that moment, but the incident did not contribute to his later loss in the men's singles.

"When my racket broke, I was really upset and felt a bit angry and helpless. We had just won the championship and were celebrating when it happened. That racket had seen me through many championships, and even though there isn't much difference between the new and old one, it was a source of comfort for me," Wang recalled. "But the singles loss was mainly due to my own performance, not the broken racket."

Wang also discussed the physical and mental toll of competing in multiple events - mixed doubles, singles and team - at the Olympics, noting that it was more challenging than he had anticipated.

"I've played in all three events before, but the physical and mental exhaustion from the Olympics was beyond anything I had ever experienced. I couldn't recover in time, and the fatigue affected my ability to perform at a hundred percent," Wang said.

During the mixed doubles final on July 30, Wang and his partner Sun Yingsha clinched the gold medal by defeating the North Korean pair Ri Jong Sik and Kim Kum Yong. However, during the post-match photo session, a journalist stepped on Wang's racket, breaking it. 

Despite the incident, Wang maintained in a post-match interview that the incident was unintentional and that he could still perform well with his backup racket. Unfortunately, he lost in the men's singles event the following day.

Both Wang and Sun, along with their coaches Xiao Zhan and Qiu Yike, have since addressed several key points in recent live-streams. 

Reflecting on the mixed doubles final, Sun explained her decision to take a memorable photo with the athletes from North Korea and South Korea, saying, "The Olympics only come around once every four years, and no one knows what the next four years will bring. I wanted to capture this beautiful moment."

Sun shared her feelings about participating in the Olympic closing ceremony, where she had the honor of representing Asia in blowing out the Olympic Flame and she expressed deep gratitude to her coach, Qiu, for his support throughout the experience.

Looking ahead, Sun plans to take some time off to recover before gradually preparing for upcoming competitions. 

"It's still a bit early to think about the 2028 Los Angeles Olympics or whether I'll be competing there. It's four years away, but as long as I remain determined and continue chasing my dreams, I believe I can compete in Los Angeles," Sun said.

Wang's colorful headband, which caught the attention of many spectators, was also addressed during the livestream. He explained that the headband was worn to absorb sweat and prevent it from affecting his grip, not as a way of acting cool. He clarified that the colors don't have any special meaning, except for red, which represents Team China.

Swedish player Kristian Karlsson once described Wang: "He's funny, open and speaks good English" in an interview with Swedish Newspaper Sportbladet. Wang responded modestly, admitting that his English isn't that good, but he can manage a few sentences. 

"We were all preparing in the same place and have faced each other many times, so I frequently interacted with players from other countries during the Olympics," Wang said.

US’ false narrative of ‘Volt Typhoon’ serves to divert attention from its global surveillance apparatus: Australian IT expert

While the US continues to make accusations that the so-called “China state-sponsored cyber actor,” or “Volt Typhoon” remains active, an Australian expert wrote in an article that the US has failed to provide credible evidence to support its claims. The expert argues that these accusations serve as a smokescreen to divert attention from the US hegemon's extensive and unparalleled global surveillance apparatus. Experts said that the US’ false narrative about China has even raised concerns among certain groups in Western countries.

During a hacking conference in Las Vegas from August 8 to August 11, some US experts and US officials continued to hype the Volt Typhoon issue. For example, Sherrod DeGrippo, director of threat intelligence strategy at Microsoft, said that “Volt Typhoon is active to this day… Have they stopped? Absolutely not. Will they stop? Doubt it,” according to media reports.  

On Thursday, Kari McKern, a retired career public servant, librarian and IT specialist who lives in Sydney, Australia, published an article titled “The geopolitics of cyber espionage” on an Australian platform named “Pearls and Irritations,” in which she noted that the “Volt Typhoon” threat was mostly a work of fiction, crafted by US intelligence agencies to win public support and pressure policymakers to allow the extension of invasive US surveillance powers.  

McKern said that the timing of the Volt Typhoon announcement coincided with the debates over the Foreign Intelligence Surveillance Act (FISA) Section 702 reauthorization. The actual goal of the announcement was more to influence the debate in favor of preserving surveillance powers, as the US Congress deliberated renewing the controversial Section 702. 

This provision allows US agencies to collect data on foreign targets without warrants, inevitably capturing the communications of millions of American citizens. As the expiration of Section 702 loomed, Western media outlets began amplifying claims from the FBI and NSA about an imminent “Chinese hacking” threat, spinning tales of Volt Typhoon infiltrating critical infrastructure, according to McKern. 

“The message was clear: renew broad spying powers or leave the nation vulnerable to a devious Chinese plot,” McKern wrote in the article. 

McKern also wrote in her article that information in the public arena supports the Chinese claim that the US has constructed a formidable “hacker empire,” using its technological prowess to spy on adversaries and allies alike. 

Rather than repeat the folly of the Cold War with an arms race in cyberspace, it is imperative to approach cybersecurity with a balanced view, recognizing that the real threats to global cyber stability often come from those accusing others of misdeeds, said McKern.

At the end of the article, she said that the international community must demand transparency and accountability from all nations, including the United States, to ensure a secure and cooperative cyberspace. “Only through mutual understanding and respect for national sovereignty can we hope to achieve lasting peace and security in the digital age.”

Some foreign experts, based on their understanding of US cyber behavior and professional knowledge, also have a correct judgment of the "Volt Typhoon" false narrative. "The global cyber espionage activities exposed by Snowden and Assange have already caused the US to lose its credibility in the field of cybersecurity," Zhuo Hua, an international affairs expert at the School of International Relations and Diplomacy of Beijing Foreign Studies University, told the Global Times.

McKern’s article showed that the US’ false narrative about China has raised concerns among certain groups in Western countries. If the US wants to continue creating a narrative targeting China, it will become increasingly difficult for the US,” said Zhuo. 

China releases revised draft regulation on marriage registration for public comment

China's Ministry of Civil Affairs recently released the revised draft of regulation on marriage registration for public comment. The revised content includes an individual's household register not being required and no regional restrictions for marriage registration, which experts believe will streamline the process and help build a family friendly society. 

The public can submit their feedback before September 11, according to the civil affairs ministry.

The revised draft points out that the regulation is formulated based on Civil Code of the People's Republic of China and other laws. According to the draft, the country will enhance information-based marriage management, improve the national marriage information database, and establish an information-sharing mechanism to ensure that marriage data is timely, accurate, complete, and secure.

In comparison to the original regulation on marriage registration issued in 2003, the draft removes the requirement to present a household register during marriage registration. 

There will no longer be regional restrictions for registration, with the original regulation requiring that it should be handled at the household registration location of the parties involved.

Jiang Quanbao, a professor from the Institute for Population and Development Studies at Xi'an Jiaotong University, told the Global Times on Wednesday that the original regulation has been implemented for more than 20 years, which requires revision and updating in face of changing social habits.

The draft standardizes marriage registration, safeguards marriage freedom and equality, and helps build a family friendly society in many aspects including simplified procedures, said Jiang.

The draft calls for marriage registration authorities to provide marriage and family counseling services, fully leverage the expertise of professionals, and guide the parties involved in marriage to establish equal, harmonious, and civilized marital and family relationships. 

Jiang said that this also helps enhance its service function, giving marriages with potential for reconciliation another chance to be saved, and helping to prevent impulsive divorces.

In the chapter on divorce registration, the draft further elaborates on the cooling-off period for divorce, stating that within 30 days from the date the authority receives the divorce registration application, if either party is unwilling to divorce, they may withdraw the divorce registration application. Then the marriage registration authority shall terminate the divorce registration process.

The regulation aims to "promote the importance of marriage and family," reduce impulsive divorces, and uphold social stability, and better protect legitimate rights of the parties involved, according to Jiang.

If one party is coerced into marriage, the coerced party can request cancellation of the marriage according to law. If one party has a serious illness, they should truthfully inform the other party before the marriage registration; if they do not truthfully inform the other party, the other party can request termination of the marriage, the draft details.

China's local authorities have implemented multiple measures to establish a family friendly society over recent years, such as creating traditional Chinese group wedding ceremony for young couples, implementing cross-regional marriage and divorce registration pilot policy.

According to data from the Ministry of Civil Affairs, 3.43 million couples in China registered for marriage in the first half of this year, down by 498,000 couples during the same period from 2023.

Drones widely deployed in Chinese militia units during exercises

Multiple types of drones were deployed in recent exercises by multiple militia units across China, as unmanned aerial vehicles (UAV) become a key part of various Chinese military and police services and branches, observers said on Monday.

In a move to better integrate UAVs into the nation's militia forces, multiple militia units across the country have used drones during exercises, China Central Television (CCTV) reported on Sunday.

During a recent militia exercise held in East China's Jiangxi Province simulating a combat mission, a militia detachment focused on practicing joint operations and dealing with emergency situations, including training courses such as supplies loading and reconnaissance using drones, according to the report.

A recent military event in Southwest China's Guizhou Province organized a tactical deployment exercise and an emergency rescue exercise using drones, as militia units used drones and demolition robots to conduct search and rescues across a mock rescue area to identify and rescue trapped personnel.

In East China's Anhui Province, militia troops recently carried out a real-world troop confrontation exercise. They mobilized across regions and provided emergency communications support to a brigade of the People's Liberation Army (PLA) using various new equipment, including drones.

"We closely focused on fields including specialists, cutting-edge technologies and advanced equipment throughout the exercise, running drills that include the public to hone combat capabilities," Bo Tao, a militia officer who participated in the exercise in Anhui, said in the CCTV report.

According to CCTV, drones featured in these militia exercises are mostly multirotor, vertical takeoff and landing UAVs of different sizes. Observers said that smaller ones can be operated by individual soldiers for reconnaissance missions, while larger ones can be helpful with transport or communications relay missions.

With drones demonstrating reconnaissance and combat applications in recent conflicts around the world, and China having complete industrial chains of developing and producing drones, military and police services and branches including militia have started to use them, practice with them and develop tactics with them, a Chinese military expert who requested anonymity told the Global Times on Monday.

The PLA have deployed drones and robot dogs in multiple joint exercises with foreign countries this year, while the Chinese police also used these unmanned gears in a Shanghai Cooperation Organisation joint anti-terrorism drill last month.

According to the expert, drones are increasingly becoming standard equipment for infantry units, much like their firearms.

Deepened US-Australia security cooperation ‘risks exacerbating confrontation’

The US and Australia are expected to hold the Australia-US Ministerial Consultations (AUSMIN), with the participation of US Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin, Australian Foreign Minister Penny Wong, and Australian Deputy Prime Minister and Defense Minister Richard Marles, in Annapolis, Maryland on Tuesday. 

Observers warned further military cooperation between the US and Australia would expand US hegemony in the region and exacerbate geopolitical confrontation.

Ahead of AUSMIN, Austin met Marles at the Pentagon to discuss the historic military-to-military progress between the two nations, the US defense department said on Monday local time. Austin hailed the achievement in their defense industrial cooperation and expanding efforts with their allies and partners. 

Australia is involved in the US strategy to contain China in the Indo-Pacific region and the US has long been hoping that Australia will fully commit to the US strategy, Yu Lei, a professor at Shandong University, told the Global Times on Tuesday.

The US is likely to provide assistance to Australia within the scope of its own technology, equipment and technology, experts said. 

In the field of security, the two countries may further discuss joint efforts to undermine the equal and mutually beneficial cooperation between China and Pacific Island countries, Yu warned. 

Also on security, a remote Australian archipelago, the Cocos Islands, is on a list of possible locations for US military construction aimed at deterring China, according to Reuters. 

The Cocos Islands is reportedly listed along with the Philippines, Timor Leste and Papua New Guinea for anticipated construction projects under the Pacific Deterrence Initiative, designed to enhance US force posture and infrastructure to counter China, Reuters reported. 

Australia's diplomacy and security strategy have a certain degree of autonomy, but this does not entirely indicate that Australia will completely deviate from the orbit of the US, observers noted.  

From what we have seen so far, the Australian government has shown prudence and political wisdom in dealing with its relations with China, demonstrating a relatively flexible posture, said Chen Hong, director of the Australian Studies Center at East China Normal University. He warned that Australia should realize that being used by the US and serving its Indo-Pacific strategy will only exacerbate geopolitical confrontation, rather than benefit its own security.