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17.10.2024

The day Xi urged Fujian to lead modernization

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This page is an archive of main headlines from China for 17.10.2024.

It displays 45 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

17.10.2024The day Xi urged Fujian to lead modernization
Xi Jinping's visit to Fujian province dominated the day's news cycle. He emphasized Fujian's role in China's modernization drive, urging the province to lead by example. The visit included inspections of rural areas, highlighting the importance of rural revitalization. Meanwhile, economic concerns persisted, with reports on property sector stabilization measures and calls for increased stimulus. The central bank announced a reduction in existing mortgage rates, expected to save 150 billion yuan in interest. Housing-related policies continued to unfold, with plans to monetize urban village renovations. In Hong Kong, Chief Executive John Lee delivered his policy address, stating that democratic reform was "settled" during his term. Internationally, China reported driving away a Japanese fishing boat near the Diaoyu Islands, and cybersecurity risks were highlighted amid calls for an Intel review.
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Xi has urged Fujian province to further deepen reform and promote high-quality development in all aspects, in a bid to play a pioneering role in the country's modernization drive.
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09:09 (01:09)Xi's Fujian Tour Sets Modernization Agenda Amid Economic Concerns

The newspapers extensively report on Xi Jinping's inspection tour in Fujian province (China Daily, Global Times, People's Daily). Xi urges Fujian to play a pioneering role in China's modernization drive, emphasizing high-quality development and deepening reform. Economic concerns are highlighted, with analysts predicting China's Q3 GDP growth to hit a new low for the year (DW Chinese, SCMP), prompting discussions on the need for more stimulus measures.
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联名信主要呼吁了三点:降低港股通进入门槛;暂缓“出通”调整,并对已“出通”的公司做追溯调整;支持港股18A公司进入港股通。
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17:10 (09:10)Xi's Fujian Vision: Modernization Amidst Economic Challenges

The newspapers report on Xi Jinping's recent visit to Fujian province, emphasizing his call for the region to lead China's modernization efforts (Beijing Daily, CCTV English, China Daily). Economic issues are prominent, with discussions on housing project credit lines (Global Times) and proposals to lower Hong Kong stock market entry thresholds (Economic Observer). The impact of the 2019 Hong Kong protests continues to be examined (DW Chinese).
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