“Even though people can read a wide variety of things on their phones, [this content] is also a kind of literature, albeit on the short side. Every good play takes a good script and all good storytelling takes language. So, literature is ubiquitous, and its importance is not weakened by the internet.”
Chinese author and 2012 Nobel Prize winner Mo Yan on literature in the age of smartphones in an interview with NewsChina’s Chinese edition in late November 2023
“As the top three economies of East Asia, the economies of China, Japan and South Korea make up nearly 90 percent of the region’s total GDP. These three countries are important economic partners with deeply integrated interests. It’s a pity that they have not made progress in cooperation over the past four years. All three sides must rethink the original objective and mission of their mutual cooperation and take specific measures to bring it back on track.”
Xiang Haoyu, distinguished researcher at the Asia-Pacific Research Center, China Institute of International Studies, speaking with NewsChina’s Chinese edition about Foreign Minister Wang Yi’s meeting with his Japanese and South Korean counterparts in Busan, South Korea on November 16, 2023
“Despite the great achievements in opening up conventional financial fields, countries are still exploring digital finance, sustainable finance and green finance. As some countries are working on formulating relevant institutions and standards, China must join international efforts and strive for more say in those fields.”
Tu Guangshao, executive chairman of the organizing committee of the Bund Summit and director-general of the Shanghai Finance Institute, in an interview with Financial News in late November 2023
“Many people have confused ‘insufficient consumption’ with ‘low consumption rate.’ The former leads to short- term deficiencies, which can be eased by countercyclical adjustments, proactive fiscal policies and expansionary monetary policies. However, low consumption rate is caused by structural or institutional problems which cannot be resolved through short-term fiscal or monetary policies. Instead, excessive stimulus policies may lead to more severe problems like intertemporal disturbances.”
Liu Yuanchun, president of the Shanghai University of Finance and Economics, at the 6th Hongqiao International Economic Forum held in Shanghai in early November 2023
“How far we open up depends on how relaxed our inner world is... When the outside environment is relaxed, internal roads widen. Few people think about the relationship between reform and opening-up. These two things are inseparable. Previously, tensions in the external environment resulted in people having fewer choices and becoming overcautious for fear of being criticized for capitalism or revisionism. In other words, it is impossible to make interior reforms without a thaw in the relationship with the outside world.”
Sun Liping, a sociologist at Tsinghua University, on his personal WeChat account on December 3, 2023
“Hong Kong is undergoing a transition from governance to prosperity [following the 2019 protests], but the problems related to land, housing, youth employment and development remain. If those problems are not solved well, or they become more severe, even if school education is improved in terms of Chinese culture and history, from textbooks and teachers to curriculums and even public opinion [about the Chinese mainland], it isn’t enough. National identity cannot exist without economic and social foundations.”
Huang Ping, director of the Taiwan, Hong Kong and Macao Research Center under the Chinese Academy of Social Sciences, on fostering national identity among Hong Kong people in an interview with news portal guancha.cn on November 24, 2023
“Mini-app short-form content already started getting popular last year when the pandemic created a void in the film and TV industry and demand for theatrical releases declined.”
Li Jin, producer of the web series Got Old Recently released on Tencent Video in December 2021, on the increasing popularity of short-form content in an interview with news outlet The Paper in late November 2023
“The range of China’s inflation target is no more than 3 percent. The government will not feel anxious if inflation falls below 3 percent. Also, the public believes that the lower the CPI the better, as prices have dropped, consumers have benefited, and everyone is happy. But we should also pay attention to the adverse impact that too low of an inflation rate can have on enterprise profits and employee wages.”
Economist Yu Yongding suggesting that the government set a target inflation rate slightly higher than 3 percent during the economic slowdown in a recent article for guancha.cn
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