CGTN
13.10.2020 08:05:04 CEST | Business Wire | Press release
Chinese President Xi Jinping on Monday arrived in south China's Guangdong Province to begin his inspection tour, his 12th domestic visit this year and his third to Guangdong since the 18th National Congress of the Communist Party of China (CPC).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005890/en/
"Reform and opening-up" remained the keywords during his three visits to Guangdong in 2012, 2018, 2020, respectively.
Read the original article here .
Protecting cultural legacy
During this visit, President Xi visited cultural and historical landmarks in the city of Chaozhou, including an ancient bridge, an ancient gate tower and a street lined with ancient archways, to check on the restoration and protection of cultural relics, the inheritance of intangible cultural heritage and the development of cultural and tourism resources.
The president has always insisted that the protection and exploration of cultural heritage assets must serve a country's development.
In October 2018, Xi stressed that more importance should be attached to preserving history and culture during urban planning and construction during his visit to Xiguan historical and cultural community in the Liwan District of Guangzhou City, Guangdong Province.
During this National Day and Mid-Autumn Festival holiday, the ancient township of Chaozhou received nearly 2 million tourists with a total revenue of some 890 million yuan, with its cultural charm.
The president underscored that the development of tourism should be based on protection and should not be over-commercialized when he visited the Yungang Grottoes, where he learned about historical and cultural heritage protection efforts in north China's Shanxi Province in May this year.
China's reform and opening-up paragon
President Xi also visited Chaozhou Three-Circle (Group) Co., Ltd., an electronic components and communication device manufacturer, checking out the company's indigenous innovation, production and operation.
In 2019, Guangdong's provincial GDP exceeded 10 trillion yuan (about $1.48 trillion). Under the current poverty threshold, over 1.6 million relatively poor people have reached the alleviation standard, a decisive victory in the battle against poverty.
In December 2012, President Xi visited Guangdong's Shenzhen during his first around-the-country tour after he was elected the CPC leader.
Two years ago, when China marked the 40th anniversary of reform and opening-up, he revisited the city and emphasized the need to keep promoting the process of reform and opening-up.
"I come to visit Shenzhen as it marks the 40th anniversary of reform and opening-up to tell the world that China will not stop its reform and opening-up. China will certainly deliver a bigger miracle that draws worldwide attention," he said.
Shenzhen is an important stop during his latest inspection tour to Guangdong Province.
On Wednesday morning, the president will attend a grand gathering celebrating the 40th anniversary of the establishment of the Shenzhen Special Economic Zone.
On August 26, 1980, the 15th meeting of the Standing Committee of the fifth National People's Congress, the national legislature, approved the establishment of special economic zones in Shenzhen, Zhuhai and Shantou in Guangdong Province and Xiamen in Fujian Province.
Over the past four decades, Shenzhen has been transformed from a small fishing village to a modern metropolis with a population of over 13 million.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201012005890/en/
Social Media:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 16:33:00 CEST | Press release
New analysis shows destinations that assume risk will recover up to 1.5 times faster with global rehabilitation times dropping from 24 months to as little as 10 TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and mai
The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 15:00:00 CEST | Press release
New admin-defined spend rules let businesses control how, where, and when every card is used, stopping the wrong spend before it happens instead of cleaning it up after. Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or le
Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 14:30:00 CEST | Press release
New Travel Industry report reveals sophisticated fraud rings are exploiting trusted customer behaviors across flights, hotels, and travel platforms Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity i
PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 13:54:00 CEST | Press release
Revenue rose 9% to $120 billion while net profit more than doubled to $17 billionCumulative domestic investments reached more than $199 billion since 2021PIF has contributed more than $342 billion to Saudi Arabia’s real non-oil GDP between 2021 and 2025Assets under management exceed $900 billion, up from around $530 in 2021 and $150 billion in 2015 PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets
Foundever Successfully Closes a Holistic Recapitalization, Reducing its Debt by Nearly $900 Million and Strengthening its Financial Position for Long-Term Growth17.8.2026 13:30:00 CEST | Press release
Secures $225 Million Equity Infusion; Revolving Credit Facility and Term Loan Maturities ExtendedBenoit Leclercq Appointed Interim Chief Executive Officer to Lead Foundever Through its Next Phase of Growth; Company Begins Formal Search Process for Permanent CEO Foundever Group S.A.® (“Foundever” or the “Company”) – a global leader in integrated customer experience, digital operations and analytics services, today announced that it has successfully closed a holistic recapitalization (the “Transaction”) in coordination with 95.4% of the lenders under its term loan facility (“Term Loan Lenders”), 100% of its revolving credit facility lenders (“RCF Lenders”), and the Company’s existing majority shareholders. The Transaction meaningfully strengthens Foundever’s financial foundation and positions the Company to invest in its growth strategy. Key terms of the Transaction include: Company's existing majority shareholders invest $225 million into common equity. Term loan facility exchange reduc
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
