Chinese aseptic packaging company accelerates domestic substitution by acquisition

As one of the largest dairy and milk consumers in the world, with an annual industry growth rate of about 10 percent, China has in recent years set its sights on aseptic packaging, an unassuming but critical phase for the milk industrial chain, which aroused market attention as Chinese companies strategize to break foreign monopoly through business mergers and acquisitions.

In the Chinese market, aseptic packaging demand is primarily driven by liquid milk products.  In 2022, the retail scale of domestic liquid milk reached about 440 billion yuan, marking a 4 percent year-on-year increase. The sector’s compound annual growth rate is projected at 4.8 percent, supporting the burgeoning aseptic packaging industry, according to data from China Insights Consultancy.

Chinese leading aseptic packaging enterprise Shandong NewJF Technology Packaging Co., Ltd (NEWJF) announced in January 2023 its acquisition of a 28.22 percent stake in Greatview Aseptic Packaging and completed the acquisition in October of the same year, notably boosting NEWJF’s competitiveness in the liquid product packaging market. 

“From a macro point of view, the acquisition further enhanced China’s food security and accelerated the domestic substitution in aseptic packaging sector,” a representative from NEWJF told the Global Times, adding that the move also promoted a long-term steady development of downstream enterprises.

Both NEWJF and Greatview are prominent companies in the industry and their cooperation is seen as a strategic endeavor to enhance the overall competitiveness and productiveness of the domestic aseptic packaging industry. 

The two sides’ partnership includes a centralized fund for research and development aimed at upgrading domestic aseptic packaging technology, ensuring the security and independent development of the sector, said the NEWJF.

“NEWJF values this cooperation opportunity, and is willing to explore the aseptic packaging sector providing clients and industry with better services,” said the NEWJF,as Greatview published circular and notice of Shareholders’ Assembly on appointment of directors on January 9, 2024,“It is our right to appoint directors as the largest shareholder and we believe that diversifying Greatview’s board of directors will expedite its sustainable development.”

Founded in 2007, NEWJF, listed on the Growth Enterprise Market of the Shenzhen Stock Exchange in September 2, 2022, witnessed consecutive revenue growth from 2020 to 2022. Analysts believe that the acquisition will facilitate NEWJF in further exploring international markets.

About 20 years ago, aseptic packaging technology played a pivotal role in Chinese milk brands’ nationwide development. This technology, which allowed for a six-month-expiration date for fresh milk, was initially monopolized by foreign companies, stifling the independent development of the domestic milk industry. 

At the time, Swedish aseptic packaging company Tetra Pak held over 90 percent of the domestic market share, cooperating with Chinese milk giants Yili and Mengniu. Before 2008, the cost for aseptic packaging accounted for about 30 percent of the overall cost of milk products, and compressed the profit margin of the milk industry.

According to a report from Chinese analysis firm TF Securities, in 2020, Tetra Pak still accounted for over 50 percent of domestic market share, while domestic aseptic packaging brands are expected to gradually increase market share by breaking through technological monopolies, and entering the core customer supply chain with a price advantage.

NEWJF became qualified provider of aseptic packaging material for Yili in 2009 and it solidified its ties when Yili bought a 20 percent stake in NEWJF in August 2015.  While Yili’s current stake has been reduced to less than 5 percent at present, it still remains NEWJF’s largest client, generating 70 percent the packaging company’s revenue. 

Greatview Aseptic Packaging accounts for about 40 percent of products of Mengniu, and is also the core supplier of New Hope Dairy and its wholly-owned subsidiaries Xiajin Milk. 

The acquisition helped NEWJF resolve overcapacity issues with Mengniu and enhance production efficiency by adopting a universal management system. The collaboration between the two leading companies also facilitated the healthy development of the industry, moving away from price wars. 

What’s more, Greatview’s overseas manufacturing bases and aseptic filling machine technologies were also a catalyst for the domestic substitution process of aseptic packaging, further boosting NEWJF’s global business.

Business insiders said the acquisition positions NEWJF as the most promising aseptic packaging company in China, with the potential to replace Tetra Pak.

According to data from SWS Research, domestic demand for aseptic packages was 113.6 million in 2022, up 3.2 percent year-on-year. The market scale has grown to 20.1 billion yuan, reflecting a 4.1 percent year-on-year increase. 

Considering the numerous opportunities in China's milk and beverage market, NEWJF is expected to replicate Tetra Pak's successful path and grow into a “Hidden Champion” in the unassuming industry of aseptic packaging.

China's scientific research ship 'invades' the Indian Ocean? Who will buy it?: Global Times editorial

The recent report released by the long-established conservative think tank in the US, the Center for Strategic and International Studies (CSIS), states that China's scientific research vessels engaged in energy and marine environmental surveys in the Indian Ocean can support "military needs," including how to maneuver and obscure submarines during conflict. The timing of this report is delicate, coinciding with the visit of Maldivian President Mohamed Muizzu to China, while another South Asian country, Sri Lanka, recently announced the suspension of foreign research vessels including those from China entering its waters under India's pressure. The CSIS report rightly comes at a time when some countries need to manufacture a "China threat" narrative in the Indian Ocean region and provides them with ammunition.

It is essential to shed light on the CSIS in this context. Founded during the Cold War, it has intricate connections with the US military and intelligence agencies. Active-duty military officers can directly serve as researchers in the think tank, and the think tank also regularly undertakes policy reports commissioned by the US Department of Defense. When a think tank with such affiliations releases a report, it becomes challenging for the outside world to acknowledge its authenticity and independence, prompting skepticism about whether it serves as a "white glove" for advancing the strategic and tactical objectives of the US military.

Another noteworthy point is that, following the release of the report by CSIS, Western media quickly followed up on its content. This pattern of "military/intelligence agencies leak information - media follows up with sensationalism - government and parliament apply pressure" has become quite common in recent years in the US and Western countries. The so-called "evidence" against China is often later proven to be baseless or inconclusive, while measures by the US and Western countries to contain and suppress China remain in place.

For instance, take the recent issue raised by the US regarding China's comprehensive scientific expedition in the Indian Ocean. These activities have been ongoing for many years and involve more than just China; countries like Myanmar, Sri Lanka, Thailand, Bangladesh, among others, were once invited by China to participate. Myanmar, Sri Lanka and Bangladesh are all Indian Ocean nations. Does this mean all these countries have intentions to "invade" the Indian Ocean? China has provided detailed public explanations regarding the research topics, scope, and results of each scientific expedition, both before and after the events. What more does China need to clarify? If some countries, right from the beginning, are not interested in the scientific research vessels but have other disguised intentions, then, no matter how China proves its innocence, they will find reasons to overturn it.

The US accuses China's scientific research activities of possibly having military purposes, but what the outside world perceives is the US showcasing its military actions in the Indian Ocean. Just last year, the US and the UK disregarded United Nations resolutions and the sovereignty of Mauritius by privately transferring Diego Garcia Island in the Indian Ocean, which sparked international outrage. Since the US wants to take such a big risk and maintain its military presence in the Indian Ocean, it definitely needs to find a reason. Since even Chinese garlic can be used as a reason to "threaten US national security," what else is deemed impossible?

The Indian Ocean is one of the least understood oceans by the scientific community, and a fundamental reason is the lack of sufficient on-site observations. The unsolved mysteries surrounding the Indian Ocean not only result in scientific losses but also imply uncertainties faced by Indian Ocean countries in terms of climate, ocean currents, resources exploration, and other aspects. In the context of global warming and rising sea levels, this even endangers the national security of coastal countries and the security of all humanity. China and regional countries are exploring the natural ecology of the Indian Ocean through cooperation, without any hidden agenda. The purpose is to further promote marine ecological protection, develop sustainable blue economy, and jointly respond to crisis challenges. In the eyes of some countries, including the US, they only see their own military hegemony and disregard other countries, obstructing and threatening other countries' independent cooperation. It needs to be reminded that most of the Indian Ocean is international waters, not their internal sea.

Interestingly, in response to the vivid portrayal of China's scientific research vessel as a "military threat" by American media outlets such as The Washington Post, there is merciless ridicule from some netizens. One comment sarcastically mocks the US, saying, "Oh my, doesn't China know that only the US can do such things?!" Regardless of how sternly it presents itself now, the US' double standards have already reduced its credibility to zero in the eyes of the international community, resulting in a backlash in public opinion. Hong Kong media has pointed out that while other countries are constrained by the US' selfish interpretation of international law, the US believes it is not bound by the law. Its ideology is, "Do as I say, not as I do."

So-called new situation advocated by separatist Lai would create dangerous situation with ‘rough waves’ in Taiwan Straits: mainland spokesperson

The Democratic Progressive Party (DPP) separatist candidate Lai Ching-te's latest remarks to advocate the fallacy of "Taiwan independence" as well as his previous remarks indicate that if he was elected as the leader of Taiwan region, he will further promote "Taiwan independence" and separatist activities and the so-called "new situation" that Lai wants to create will be a dangerous situation with rough waves in the Taiwan Straits, Chen Binhua, a spokesperson for the State Council Taiwan Affairs Office told a press conference on Wednesday. 

On Tuesday, Lai told a press conference that he will continue Tsai Ing-wen's diplomatic, national defense, and stable cross-Straits policies, claiming that if elected, it will contribute to creating a new situation in the Indo-Pacific region.

Chen said that the cross-Straits relations have deteriorated from peaceful development to tense confrontation over the past eight years, which fully proves that the so-called "Tsai Ing-wen path" is a path of "Taiwan independence" and confrontation, and is harmful to Taiwan. It is the major threat to Taiwan's security, the interests of Taiwan people, and regional stability.

Lai claimed to continue the path, which means continuing old path of provoking "independence" and confrontation, leading Taiwan away from peace and prosperity but toward conflict and recession, said Chen.

"Taiwan independence" is incompatible with peace in the Taiwan Straits and goes against the interests and well-being of the people in Taiwan. Only with peace and stability in the Taiwan Straits and peaceful development of cross-Straits relations can the people in Taiwan live a peaceful, secure, and prosperous life, Chen said.

The spokesperson also sincerely hoped that the majority of the compatriots on the island of Taiwan will recognize the extreme harm of the DPP's "Taiwan independence" path and the extreme danger of Lai's provocation of cross-Straits conflicts, and make the right choice at the crossroads of cross-Straits relations, to create a new situation of friendly support and prosperous development between compatriots on both sides of the Taiwan Straits.

Mutual visits of Chinese, US universities’ Ping Pong teams inject new strength into people-to-people exchanges: FM

The mutual visits of the table tennis teams from Chinese and the US' universities continued the friendly chapter of Ping-Pong Diplomacy and injected new strength into the two countries' people-to-people exchanges, the Chinese Foreign Ministry said on Tuesday when asked to comment on the Peking University students' visit to the US in December 2023, followed by a trip by students from the University of Virginia to China.

53 years ago, young table tennis players from China and the US raised the curtain for the normalization of bilateral relations in Beijing, enabling "the little ball to move the big ball," said Chinese Foreign Ministry spokesperson Mao Ning at the Tuesday press conference.

"The more frequent exchanges the two countries' people have, the stronger the public support for developing bilateral relations, the broader the space, and the stronger the driving force there will be," Mao added.

From December 12 to 23, the Peking University table tennis team made up of 15 students and teachers was invited to visit the US to for the US Table Tennis Open in Los Angeles. They also participated in a series of events commemorating the 52nd anniversary of China-US Ping Pong Diplomacy in Washington, San Francisco, and Los Angeles, with close interactions between the young Americans and local residents.

"As the backbone of future society, young people from China and the US should step out of their countries and experience the lifestyle and culture of other countries. Ping Pong, as a medium of communication, has truly brought us closer," Wu Bohan, a student from the Peking University table tennis team told the Global Times.

"What impressed me the most is the huge interest and enthusiasm the American students showed during our visit to the US this time," Zhang Yuwen, a member of the Peking University table tennis team and student from the School of International Studies, told the Global Times. "Every time the Americans saw the name 'China' marked on our jerseys, they would come to ask where in China we come from; which games we play, and even wished us good luck in our games."

In return, 18 table tennis team members from the University of Virginia were invited to visit China, coinciding with the 45th anniversary of diplomatic ties between China and the US. They stayed in Beijing from January 4 to January 8 and participated in the youth table tennis exchange at Tsinghua University.

During their nine-day trip to China from Hong Kong, Beijing to Shanghai the students learnt about the history of Ping-Pong Diplomacy and cultural differences between the two countries.

Mao noted that China is willing to work with the US to implement the important consensus on promoting cultural exchanges reached at the China-US summit in San Francisco, to promote the spirit of "Ping-Pong Diplomacy," and to continue new chapters of friendship between the Chinese and American people.

Measures to boost China’s processing trade help create new advantages

The processing trade is one of the sectors most affected by rising labor costs in China. In the eyes of some Westerners, China's labor-intensive processing trade has lost its competitiveness, but the real story of the labor-intensive industry chain is much more complex than the industrial transfer trend as depicted by these pessimists.

Chinese authorities recently rolled out a guideline to improve the development of the processing trade. The guideline, regarded as the most important for the reform of China's processing trade since 2016, put forward 12 measures across six categories, involving efforts to encourage the expansion of Chinese domestic markets for processing trade.

Processing trade refers to the business activity of importing all or parts of raw and auxiliary materials, parts, accessories and packaging materials, and re-exporting finished products after processing or assembly is completed by companies within China. But people's concept of China's processing trade needs to change, as the country promotes sales of finished products in the domestic market and also integrates the development of domestic and foreign trade.

The processing trade is an important aspect of international industrial transfers. Since China launched its epochal reform and opening-up drive in 1978, the country has utilized an organic combination of capital, techniques, management and other advantages of foreign investment with the advantage of low-cost elements in China, such as the labor force, and it has become a globally oriented processing and manufacturing base.

The proportion of processing trade in China's foreign trade peaked at 53 percent in 1998. It plays an important role in the foreign trade and national economic development of China.

The international environment and domestic conditions for the development of the processing trade have undergone material changes. On the one hand, increasing labor costs have put pressure on traditional sectors in the coastal regions. Meanwhile, the rise of trade protectionism in the US-led West, as well as weak external demand, have posed challenges to China's processing trade, especially the development of labor-intensive industries.

On the other hand, China's foreign trade also has new opportunities. The rise of domestic consumer power in China is becoming a new advantage in China's foreign trade. China's economic miracle in the past few decades has led to the rise of its middle class, making China an increasingly important importer in the global industry chain and a consumer market for finished products.

China has strengthened the integration of domestic and foreign trade. Efforts have been made to break down industry barriers, promote the convergence of domestic and international standards, and accelerate the mutual recognition in conformity assessment.

Recently, some Western media outlets have run reports about "industrial transfers," "the withdrawal of foreign investment" and "economic decoupling from China," which constitute a new round of bad-mouthing China's economy with a sinister intention. Some Westerners always like to exaggerate the risks faced by the Chinese economy and deliberately ignore its positive aspects.

The issuance of guidance on the processing trade at this time shows that Chinese policymakers are accelerating the integration of China's foreign trade advantages and consumption advantages. China is the world's largest trading country and the second-largest consumer market.

The power of this fusion will be astonishing. It will create new advantages for the development of China's processing trade, and promote China's transformation from a world factory relying on cheap labor to a trading powerhouse.

The guidance also said China will encourage the processing trade of high value-added products, while supporting the development of advanced manufacturing and strategic emerging industries in the processing trade. It is expected that more favorable policies will be introduced, promoting China's foreign trade reform to create new advantages in the global competition.

China's top court releases typical cases of disputes over betrothal gifts

A series of typical cases related to bride price and dowry were issued by China’s top court and other departments on Monday as reference and supplement to the stipulations in the Civil Code in dealing with disputes over bride price when couples break up. 

According to China’s Supreme People’s Court, as a traditional Chinese custom, bride price and dowry have a deep social and cultural foundation in the Chinese society. However, the rising amount of bride price and dowry in recent years has led to an increasing number of bride price-related disputes and even serious criminal cases, China Central Television reported on Monday. 

A recent murder case of two victims related to the disputes over bride price happened in Liangshan, Southwest China’s Sichuan Province, on November 11. The incident sparked heated discussions online. 

A woman and her relative were killed by the woman’s ex-boyfriend and his father at a local mahjong parlor after the woman refused to return the bride price despite that she decided to break up with the man. The woman received 300,000 yuan ($41,741) in bride price but returned 150,000 yuan to the man after they broke up, according to media reports. 

On Monday, the Supreme People’s Court, together with China’s Ministry of Civil Affairs and All-China Women’s Federation held a press conference to release four cases involving disputes over bride price and dowry, which balanced the interests of the involved parties. The ruling took local economic and social development into account, and gave consideration to factors such as the duration of cohabitation, whether they have registered for marriage legally, and whether they have children. 

According to the Civil Code, there are three situations the bride price should be returned: the couple have not registered legally, they registered but don’t live together, or the payment of betrothal gifts causes financial difficulties for the payer. 

However, in practice, there are many cases in which the couples have not registered legally but have held weddings according to local customs and have lived together. Sometimes the couples have registered their marriage but only live for a short period of time. The Civil Code does not apply to these cases. 

According to the Supreme People’s Court, this batch of representative cases clarifies three principles for handling betrothal disputes: prohibiting soliciting property through marriage; the reasonable betrothal gifts amount based on local practice and customs; and the balance of rights and interests of both parties by considering their duration of cohabitation, marriage registration status and whether they have children.

Two common situations where disputes of betrothal gifts often occur is “flash divorce” and living together without legal registration of marriage. 

The court clarified that in addition to marriage registration, the bride price is usually meant for living together for a long time. Thus, the time of cohabitation should be considered an important factor in determining whether and how much the bride price should be returned. 

Meanwhile, considering that the termination of pregnancy causes harm to a woman’s health, it is appropriate to return only part of the bride price to better balance the interests of both parties.

In one case where the couple did not register their marriage but held a wedding ceremony according to local customs, lived together for three years and had conceived a child, the court did not support the return of the bride price to protect the woman’s legitimate rights and interests. 

Besides, the top court also noted that bride price and dowry are both traditional Chinese marriage customs which share a common purpose and should be subject to the same rules based on local customs. 

China's elderly population aged 60 and over reaches 280m, 19.8% of total

China's elderly population aged 60 and above reached 280.04 million by the end of 2022, accounting for 19.8 percent of the total population, according to the latest report released by the Ministry of Civil Affairs. Demographers say China has paid great attention to addressing challenges brought by the aging population but more can be improved, such as further optimizing China's social security system.

The country's elderly population aged 65 and over reached 209.78 million in 2022, accounting for 14.9 percent of the total population, while the national dependency ratio of the elderly population aged 65 and above hit 21.8 percent, the report titled Communique on the Development of the National Cause for Aging said. 

Since China became an aging society at the end of the 20th century, the number and proportion of the elderly population have continued to grow. From 2000 to 2018, the elderly population aged 60 and above increased from 126 million to 249 million, and in 2022, the number reached 280 million. The proportion of elderly population also increased from 10.2 percent in 2000 to 17.9 percent in 2018, and further to 19.8 percent in 2022. 

After the founding of the People's Republic of China, there have been three birth peaks. It is expected that the size of the elderly population will reach the peak of 520 million in 2054, Yuan Xin, a professor from the Institute of Population and Development at Nankai University's School of Economics, told the Global Times.

"China's aging rate is faster than that of 15 countries with more than 100 million people in the world. One of the reasons is the drop in the fertility rate," Yuan noted. China's fertility rate is estimated to have dropped to a record low of 1.09 in 2022, data from China Population and Development Research Center showed. 

China's pressure in dealing with such a large elderly population is unprecedented, not only in terms of size but also in terms of the rapid increase in growth, Yuan noted. 

Since the 18th National Congress of the Communist Party of China, more than 300 documents and plans for the elderly population have been issued at or above the provincial or ministerial level. 

Wang Jianjun, former executive deputy director of the Office of the National Working Commission on Aging, has said that prioritizing the health of the elderly, China has seen improvements in providing basic insurance care and has built a complete welfare system to support the aging society.

When it comes to the supply of elderly care services, the report is optimistic, saying in this area it is being "continuously enhanced."

In 2022, the compliance rate of supporting elderly care service facilities in newly built residential areas in cities across the country reached 83.2 percent. Improvement of quality and efficiency among special care hospitals and hospitals for the family of martyrs has been seen after the central budget delineated support for them, the report said. 

Data shows that by the end of 2022, there were 387,000 elderly care institutions and facilities of various types across the country, with a total of 8.294 million elderly care beds.

Among them, 41,000 were registered elderly care institutions, an increase of 1.6 percent over the previous year, with 5.183 million beds, an increase of 2.9 percent over the previous year. There are, by the end of 2022, 347,000 community elderly care service institutions and facilities with 3.111 million beds, according to the report.

Additionally, China continues to optimize the establishment of majors related to elderly care services at secondary vocational schools, higher vocational colleges, and higher vocational undergraduate schools.

Also, the National Development and Reform Commission and other departments have introduced several policies and measures to provide relief and support to the elderly care and childcare service industry. 

The Ministry of Housing and Urban-Rural Development has guided qualified regions to explore providing vacant public rental housing free of charge to social institutions, so that they can provide meal assistance, day care, rehabilitation care, elderly education and other services for the elderly in the community, according to the report. 

Yuan told the Global Times that if society offers more social participation opportunities for the elderly by raising the retirement age, the income status and consumption willingness of the elderly population would be a huge potential market and new economic growth point. 

The demographer said supporting facilities and systems would have to be established to support the raising of the retirement age, for example, letting the elderly choose whether to extend their retirement flexibly and if they are okay to do part-time work.

Xi hears work reports from HK, Macao chief executives

President Xi Jinping met Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee Ka-chiu in Beijing on Monday as Lee is paying a visit to the country's capital city.

Experts said on Monday that the central government has held high expectations for the HKSAR to further advance the governance by patriots, to continue the job of safeguarding national security, to promote economic recovery and people's livelihood, and to enhance governance efficiency following the recent district council elections. 

Also on Monday, Xi met with Chief Executive of the Macao Special Administrative Region Ho Iat Seng, who is also on a duty visit to Beijing, and heard a report from Ho on Macao's current situation and the Macao SAR government's work, Xinhua News Agency reported.

During the meeting with Li, Xi heard a report from Lee on Hong Kong's current situation and the HKSAR government's work, Xinhua News Agency reported. 

Lauding Lee's work over the past year, Xi said Lee has led the HKSAR government in shouldering responsibilities and delivering good results.

The HKSAR government has resolutely safeguarded national security, reformed the District Council system in Hong Kong, smoothly completed the District Council Ordinary Election, and brought Hong Kong out of the impact of the COVID-19 pandemic and toward a comprehensive recovery, Xi said.

The HKSAR government has maintained the region's distinctive status and advantages, bolstered the drivers for development and worked hard to solve the most pressing issues and difficulties of the people, Xi said, adding that all these have consolidated the HKSAR's turning for the better and facilitated its entry into a new stage in which it has restored order and is set to thrive.

Xi said the central authorities fully acknowledged the work of Lee and the HKSAR government.

After listening to Xi's remarks, Lee expressed heartfelt thanks to Xi and the central government for their care and support for Hong Kong, as well as their guidance and encouragement to the HKSAR government, according to the Hong Kong local media.

During the meeting with Ho, Xi also recognized Ho's work over the past year, saying thatHo has led the Macao SAR government in conscientiously performing their duties and achieving practical results. 

The central government will, as always, comprehensively and accurately implement the principle of  One Country, Two Systems with unwavering determination, fully implement the principle of patriots administering Macao, and fully support the CE and the SAR government in uniting all sectors of society, Xi said. 

And the central government will support the SAR to seize the historic opportunities brought by national development, continuously advance the successful practice of  One Country, Two Systems with Macao's characteristics, and welcome the 25th Anniversary of Macao's Return to the Motherland with new developmental achievements, Xi said.

Monday also marks the commencement of Jimmy Lai's trial for violating the National Security Law for Hong Kong, and the initiation of the local legislative process under Article 23 of the Basic Law, making the assurance of national security in Hong Kong a critical component of Lee's work report, Lau Siu-kai, a consultant from the Chinese Association of Hong Kong and Macao Studies who is also a senior policy advisor, told the Global Times on Monday.

"President Xi clearly focuses on national security, the perfection of Hong Kong's governance framework under the principle of 'patriots administering Hong Kong,' addressing social and livelihood issues, and Hong Kong's integration into the national development plan. These are also the key aspects of the central government's assessment of the work of the HKSAR government," Lau said.

The background of Chief Executive's report this year is that Hong Kong has gone "from chaos to stability and to prosperity." At this stage, Hong Kong must develop its economy and improve people's livelihoods, former member of the Standing Committee of the National People's Congress Tam Yiu-chung told the Global Times on Monday.  

In terms of economic development, Hong Kong has initially recovered its economy, the number of tourists is increasing, and all aspects are slowly recovering. But there are still challenges. For example, in terms of finance, the stock market remains relatively sluggish, housing problems persists, including falling property prices. In addition, the final district council elections to improve the electoral system have been successfully completed, and we can also report on the relevant work to the main leaders of the central government, Tam said.

Tam said the central government's expectations for Hong Kong mainly include several key points. The first is to continue to do a good job in safeguarding national security. The second is that the legislative work of Article 23 must be correctly implemented. In addition, "we must also develop the economy in a way that finds new economic development factors and directions and new development points. We must continue to do a good job in all aspects of people's livelihood," Tam noted.

GT on the spot: women in Xinjiang start up business for prosperous, happy life

To the south there lies the Kunlun Mountains, while to the north China's largest desert Taklamakan Desert -- this is the Hotan Prefecture where the mountainous area accounts for 33.3 percent while the Gobi desert makes up 63 percent. People have been clinging to small oases within these harsh environments. In the past, due to the harsh natural conditions, local women had limited employment options, with many being confined to farming or household chores. However, the situation has changed.

GT reporters again traveled to the region. In this third installment of a series of articles, GT tells character stories based on local women entrepreneurs in Hotan Prefecture, which effectively refuted vicious smears which attacked the employment and related human rights of local women by some anti-China forces, all of which were made up.

On Tuesday, the Global Times reporters visited the "Women's Entrepreneurship Street" in Pishan Farm, located in Hotan Prefecture. The shop owners there are all local women entrepreneurs. This street is home to 75 women-owned businesses, with clean and tidy shops and eye-catching pink walls. 

There is a wide variety of shops, including tailors, stores, flower shops and snack shops. The Global Times reporter found many similarities among the rural women in the area -- they are exquisite and beauty-loving women, wives, mothers, entrepreneurs and the economic pillars of their families.

According to the local women's federation, in order to provide greater support for women's home-based entrepreneurship in the Pishan Farm and guide women to achieve independent entrepreneurship, an increase in income and create more job opportunities for ethnic minority women in their own communities, the women's federation allocated a special fund of 200,000 yuan ($28,000) in 2019 for home-based entrepreneurship. This fund was used to renovate the entrepreneurship street, which had been previously poorly equipped. Now, there are 75 women-owned shops on this street, providing employment and increased income for over 150 workers.

Buamyna Sadahmat, dressed in a red blouse adorned with layers of lace which she had made herself, is a renowned tailor. 

Her tailor shop is the largest on the street, with a constant stream of workers coming to her for clothes. Not only has she become prosperous, but she has also hired several women to work in her shop, helping them solve their employment problems. 

As the Global Times reporter arrived, Buamyna was busy in her shop. She is responsible for cutting, while her two apprentices are responsible for sewing. 

Buamyna's husband works at a local public health station and their three children are all in school, so devotes most of her energy to the shop. 

Because of her exquisite craftsmanship, her shop is highly favored by women in the surrounding area. Buamyna often studies clothing styles online and replicates them, making detailed improvements based on the needs of the customer. To attract more customers, she also started online sales and frequently livestreams to help customers choose clothes. 

"Even though I have apprentices in the shop now, we are still a bit overwhelmed," said Buamyna.

Buaminai said her shop can achieve a monthly net profit of around 5,000 yuan. The busiest and most profitable time for her is during the Kurban Festival and Women's Day, when she can earn a net profit of 10,000 yuan in a month. 

Since opening her shop, Buamyna has trained 95 apprentices, many of whom have opened their own shops. However, she confidently says, "I'm not afraid of competition because I have more experience, and I have the most returning customers."

Not far from Buamyna's tailor shop, a silk shop owned by Zuregul Azrant also attracted the attention of the Global Times reporter. Vibrant colors immediately catch people's eye, bringing joy to people. 

This shop, which has been open for 18 years, is one of the two shops operated by Zuregul and her husband. They display various silk fabrics from Urumqi, Kashi Prefecture, and Hotan Prefecture, attracting women who love beauty to come and make purchases. 

Zuregul also has three children, with the oldest being 13 years old. After the whole family finishes breakfast and the children go to school, she and her husband drive to the shop, preparing to open before 11 am.

"Our most popular product is the Atlas silk produced in Hotan. "Customers buy it to make clothes, and our ready-made formal dresses sell well too," Zuregul said, holding a piece of Atlas silk with her henna-dyed red nails. Famous for its rich and bright colors and distinctive changing zigzag patterns, Atlas silk, a national intangible cultural heritage, has been used by Uygurs for clothing and interior design for centuries.

Hotan women attach great importance to formal dresses, wearing them for weddings or parties. Some people only wear a formal dress once and then buy a new style for the next occasion. 

Due to the locals' love for beauty, her business has always done well. This shop earns an annual net income of 50,000 yuan, and the other shop, which mainly sells home textile products, has recently opened and is also doing well.

Due to limited energy, the couple entrusted their farmland to relatives, with each person taking care of one shop. They have managed to make their businesses increasingly prosperous. 

The Global Times learnt from the Pishan Farm that they used the special funds from the women's federation to re-pave the cement road, renovate the interior and exterior walls, create counters for supermarkets and cosmetics stores, install fitting rooms and cutting tables for each tailor shop, and improve relevant facilities. This beautification and lighting of the street not only enhances the happiness and sense of achievement of ethnic minority women in Pishan Farm, but also stimulates the enthusiasm of ethnic minority women for entrepreneurship and employment, expanding the channels for women's employment and increased income.