Xu Jian on Implications of GGI - China-Slovenia Ties - Jan-August Economic Data - Legitimising Xinjiang Policy via Legislators Forum - Start-up Subsidies are 'Not Windfall from Heaven'
Here are the key reports and articles that I found noteworthy from the People’s Daily’s edition on Monday, September 15, 2025.
Page 1: There wasn’t anything particularly interesting on the page today. There are reports of two letters being exchanged. First, Xi Jinping and the Hereditary Prince of Liechtenstein Alois exchanged congratulations on the 75th anniversary of diplomatic ties between the two countries. Second, Karin Keller-Sutter, president of the Swiss Confederation, exchanged congratulations on the 75th anniversary of diplomatic relations between the two countries.
Xinhua’s report on the first letter says:
“In his message, Xi noted that over the past 75 years since the establishment of diplomatic relations, China and Liechtenstein have consistently adhered to mutual respect and trust, actively engaged in friendly exchanges and cooperation, and closely coordinated in multilateral arenas, setting an example of friendly coexistence and mutually beneficial cooperation between large and small countries. Xi said that he attaches great importance to development of China-Liechtenstein relations and stands ready to work with Hereditary Prince Alois to continuously deepen friendship and cooperation between the two countries.”
The report on the second letter says:
“In his message, Xi noted that China and Switzerland set an example of friendly cooperation between countries with different social systems and development stages. Xi said that since the establishment of diplomatic ties 75 years ago, the two sides have cultivated a cooperation spirit of equality, innovation and win-win results, achieving fruitful results in bilateral and multilateral arenas, enhancing the well-being of their peoples, and making positive contributions to maintaining multilateralism and free trade. Xi said he attaches great importance to the development of China-Switzerland relations and stands ready to work with Keller-Sutter to take the 75th anniversary of ties as an opportunity to deepen business and financial cooperation and people-to-people exchanges, elevate the China-Switzerland innovative strategic partnership to a new level, and make fresh contributions to promoting an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization.”
Another report on the page provides some useful data about the greening of China’s public transport. It says that at present, over 200 million people-trips nationwide choose green travel options daily. Among them, every day there are 100 million person-trips taking rail transit to commute, 100 million person-trips taking public buses to shuttle through streets and alleys, 24 million person-trips choosing shared bicycles to ride. 其中，每天有1亿人次乘坐轨道交通通勤，1亿人次乘坐公交穿梭街巷，2400万人次选择共享单车骑行，“优选公交、绿色出行”逐渐成为人民群众日常出行的主要方式.
By the end of 2024, China had 658,000 urban public buses and trams, of which 544,000, or 82.7%, were new energy buses. The total length of urban bus routes reached 1.75 million kilometers, and the operating mileage of urban rail transit was approximately 11,000 kilometers, ranking first in the world. 截至2024年底，全国拥有城市公共汽电车65.8万辆，其中新能源公交车54.4万辆、占比82.7%，城市公交运营线路总长度达到175万公里，城市轨道交通运营里程约1.1万公里、居世界首位.
Page 2: There’s a report with data from the People’s Bank of China, showing that from January to August, China’s RMB loans increased by 13.46 trillion yuan. As of the end of August, the balance of domestic and foreign currency loans in China reached 273.02 trillion yuan, a year-on-year increase of 6.6%, while the balance of RMB loans reached 269.1 trillion yuan, a year-on-year increase of 6.8%. The report adds as of the end of August:
the balance of inclusive small and micro loans was 35.20 trillion yuan, a year-on-year increase of 11.8%
the balance of medium- and long-term loans in manufacturing was 14.87 trillion yuan, a year-on-year increase of 8.6%
both loan growth rates exceeded those of all other loan categories during the same period
截至8月末，普惠小微贷款余额为35.20万亿元，同比增长11.8%，制造业中长期贷款余额为14.87万亿元，同比增长8.6%，以上贷款增速均高于同期各项贷款增速.
Loan interest rates have remained at historically low levels. In August, the weighted average interest rate of newly issued corporate loans was 3.1%, 40 basis points lower than the same period of the previous year; the weighted average interest rate of newly-issued personal housing loans was 3.1%, about 25 basis points lower than the same period of the previous year. The overall financing cost of the real economy has declined significantly. 与此同时，贷款利率保持在历史低位水平。8月份企业新发放贷款加权平均利率为3.1%，比上年同期低40个基点，个人住房新发放贷款加权平均利率为3.1%，比上年同期低约25个基点，实体经济综合融资成本明显下行.
Preliminary statistics show that the cumulative increment in social financing scale in the first eight months of 2025 was 26.56 trillion yuan, an increase of 4.66 trillion yuan over the same period last year. Among them, RMB loans issued to the real economy increased by 12.93 trillion yuan. As of the end of August, total social financing reached 433.66 trillion yuan, an increase of 8.8% year-on-year. Of this, the balance of RMB loans to the real economy was 265.42 trillion yuan, a year-on-year increase of 6.6%. 初步统计，今年前8个月，我国社会融资规模增量累计为26.56万亿元，比上年同期多4.66万亿元，其中，对实体经济发放的人民币贷款增加12.93万亿元。截至8月末，我国社会融资规模存量为433.66万亿元，同比增长8.8%，其中，对实体经济发放的人民币贷款余额为265.42万亿元，同比增长6.6%.
As of the end of August, China’s broad money (M2) balance was 331.98 trillion yuan, an increase of 8.8% year-on-year; the narrow money (M1) balance was 111.23 trillion yuan, a year-on-year increase of 6%; the currency in circulation (M0) balance was 13.34 trillion yuan, an increase of 11.7% year-on-year. Net cash injections in the first eight months totaled 520.8 billion yuan. 截至8月末，我国广义货币（M2）余额331.98万亿元，同比增长8.8%；狭义货币（M1）余额111.23万亿元，同比增长6%；流通中货币（M0）余额13.34万亿元，同比增长11.7%。前8个月净投放现金5208亿元.
Beyond this, let’s look at NBS data on the economy from August. Key data:
In August, the total value added of the industrial enterprises above the designated size grew by 5.2 percent year on year, or up by 0.37 percent month on month. In the first eight months, the total value added of the industrial enterprises above the designated size went up by 6.2 percent year on year. In August, the Manufacturing Purchasing Managers’ Index was 49.4 percent, 0.1 percentage points higher than that of the previous month; the Production and Operation Expectation Index was 53.7 percent, up by 1.1 percentage points. In the first seven months, the total profits made by industrial enterprises above the designated size were 4,020.4 billion yuan, down by 1.7 percent year on year.
In terms of sectors, the value added of:
mining went up by 5.1 percent year on year
manufacturing up by 5.7 percent
the production and supply of electricity, heat power, gas and water up by 2.4 percent
equipment manufacturing increased by 8.1 percent year on year
high-tech manufacturing increased by 9.3 percent
state holding enterprises was up by 4.7 percent year on year
share-holding enterprises was up by 6.0 percent
enterprises funded by foreign investors or investors from Hong Kong, Macao and Taiwan was up by 2.3 percent
private enterprises was up by 4.6 percent
In terms of products, the output of:
3D printing devices, new energy vehicles and industrial robots grew by 40.4 percent, 22.7 percent and 14.4 percent year on year, respectively.
Retail sales:
In August, the total retail sales of consumer goods reached 3,966.8 billion yuan, up by 3.4 percent year on year, or up by 0.17 percent month on month. In the first eight months, the total retail sales of consumer goods reached 32,390.6 billion yuan, up by 4.6 percent year on year.
In the first eight months, the retail sales of services went up by 5.1 percent year on year. Specifically, the retail sales of culture, sports and leisure services, tourism consultation and rental services, and transportation services grew fast.
Also important to note on this: “The effect of trade-in of consumer goods policy continued to manifest, with the retail sales of furniture, household appliances and audio-visual equipment, cultural and office supplies, and communication equipment by enterprises above the designated size up by 18.6 percent, 14.3 percent, 14.2 percent and 7.3 percent respectively.”
Fixed assets investment:
In August, the investment in fixed assets (excluding rural households) declined by 0.20 percent month on month.
In the first eight months, the investment in fixed assets (excluding rural households) reached 32,611.1 billion yuan, up by 0.5 percent year on year
The investment in fixed assets was up by 4.2 percent with the investment in real estate development deducted
Specifically, the investment in infrastructure grew by 2.0 percent year on year, that in manufacturing grew by 5.1 percent, and that in real estate development declined by 12.9 percent.
The floor space of newly-built commercial buildings sold was 573.04 million square meters, down by 4.7 percent year on year; the total sales of newly-built commercial buildings were 5,501.5 billion yuan, down by 7.3 percent.
Private investment declined by 2.3 percent year on year, or grew by 3.0 percent with the investment in real estate development deducted.
Among high-tech industries:
Investment in information services, aerospace vehicle and equipment manufacturing, and computer and office device manufacturing grew by 34.1 percent, 28.0 percent and 12.6 percent year on year respectively.
Foreign trade:
In August, the total goods trade value was 3,874.4 billion yuan, an increase of 3.5 percent year on year. Exports value was 2,303.5 billion yuan, up by 4.8 percent, imports value was 1,570.9 billion yuan, up by 1.7 percent.
From January to August, the total goods trade was 29,569.6 billion yuan, an increase of 3.5 percent year on year. The total value of exports was 17,605.6 billion yuan, up by 6.9 percent, and the total value of imports was 11,964.0 billion yuan, down by 1.2 percent.
The exports of mechanical and electrical products grew by 9.2 percent, accounting for 60.2 percent of the total value of exports.
Let’s also look at GACC data on trade partners (July data and August data):
In dollar terms, from January to August, China’s trade with the EU grew 2.5% year on year; exports expanded 5.9% year on year, while imports fell by 2.2% year on year.
From January to August, overall trade with the US fell 14.4% year on year; exports tumbled 15.5% year on year and imports fell 11.0% year on year. July exports to the US were around $35.8 billion and imports were $12.089 billion. In August, exports were $31.6 billion, and imports were $11.285 billion.
From January to August, trade with ASEAN countries grew 8.6% year on year; exports expanded 14.6%, year on year while imports fell 0.3% year on year.
From January to August, with Japan, total trade grew 4.2% year on year; exports grew 4.7% year on year, while imports also grew 3.6% year on year.
Trade with Australia from January to August tumbled 7.7% year on year; exports grew 3.4% year on year, while imports fell 13.0% year on year.
Trade with Russia from January to August fell 9.4% year on year; exports were down 9.7% year on year, while imports were down 9.1% year on year.
Interestingly, from January to August, trade with India climbed 10.4%; exports were up 12.8%, while imports fell 4.8% year on year. The comparative figures for January to July were: trade up by 10.5%; exports up by 13.4% and imports down by 7.1%. But in terms of actual numbers: China’s July and August exports to India were: $12.10 billion and $12.47 billion, respectively. So actually exports in value went up. Imports, meanwhile, were $1.704 billion and $1.499 billion, respectively. So actually imports went down.
Finally, trade with BRI countries for January to August was up 4.4%; exports were up 10.7%, while imports were down 3.3%.
Other data:
Urban surveyed unemployment rate averaged 5.2 percent from January to August
August CPI was down by 0.4 percent year on year, the same level month on month. In the first eight months, the CPI went down by 0.1 percent year on year.
August producer prices for industrial products went down by 2.9 percent year on year.
For the January to August period, the producer prices for industrial products and the purchasing prices for industrial producers dropped by 2.9 percent and 3.3 percent, respectively, year-on-year
Page 3: We have the full Urumqi Declaration of the 2025 Legislators Forum for Friendly Exchanges. As per the reporting, more than 260 people, including more than 60 foreign parliamentarians from five continents, attended the forum. This is the Party’s big push to garner greater international legitimacy for its policies in Xinjiang and its vision of human rights and governance of minority communities. It would be useful to get clarity on the legislators from the different countries that participated.
The English version says:
“The participants jointly call for an equal and orderly multipolar world, firmly safeguard the international system with the United Nations as its core and the international order underpinned by international law, and uphold the sovereign equality and mutual respect of all countries and multilateralism. They advocate settlement of international and regional hotspot issues through dialogue and consultation, and oppose hegemonism and power politics in all forms. Countries need to jointly promote a more just and equitable global governance system and advance toward a community with a shared future for humanity.
The participants jointly call for a universally beneficial and inclusive economic globalization, prioritize development, uphold the core values and principles of multilateral trade, support the multilateral trading system and respect the common needs and development rights and interests of all countries, especially Global South countries, to add impetus to global economic growth.
The participants jointly uphold the basic principles of international law, support all countries in pursuing development paths in the context of their national conditions and upholding sovereignty independence, territorial integrity and stability, and encourage all countries to engage in dialogues and exchanges on human rights issues on the basis of equality and mutual respect, so as to enhance mutual understanding and trust. The participants speak positively of the achievements of China’s human rights cause, call for continued commitment to dialogue and cooperation, and advocate safeguarding human rights with security, promoting human rights with development, and advancing human rights with cooperation.
The participants speak highly of China’s development achievements, affirm that Chinese modernization offers a new development paradigm for the world, welcome China’s continued efforts to expand higher-standard opening up, and support coordinated efforts on Belt and Road cooperation, Global Development Initiative, Global Security Initiative, Global Civilization Initiative and Global Governance Initiative to make greater contribution to the common development of human society.
The participants attach great importance to green and low-carbon development, give priority to ecological conservation and look forward to further deepening cooperation in various fields such as green infrastructure development, clean energy and environmental governance.
The participants underline the importance of equality of all ethnic groups and protecting legitimate rights and interests of all ethnic groups in accordance with law to ensure that people of all ethnic groups truly enjoy equal political rights, run the country together, and strive for unity and prosperity of all ethnic groups.
The participants highly recognize China’s Xinjiang policy and speak positively of Xinjiang’s great achievements in its economic and social development since the establishment of the Xinjiang Uygur Autonomous Region 70 years ago. Today, Xinjiang enjoys social stability, economic prosperity, ethnic unity and amity among different religions, and the local people are living a safe and happy life. The participants oppose certain countries’ political manipulation under the pretext of topics related to Xinjiang to interfere in China’s internal affairs.”
The next forum will also be held in China next year.
A few other reports to note. First, China and the US began the next round of their trade talks in Madrid. Vice Premier He Lifeng met with Treasury Secretary Scott Bessent on Sunday. China’s Ministry of Commerce said: “In the coming days, the two sides will discuss issues such as the U.S. unilateral tariff measures, the abuse of export controls and TikTok.”
Second, Minister of Public Security Wang Xiaohong met with guests from Laos, Nicaragua, Ethiopia and Armenia in Beijing. The reporting is useful because it offers an understanding of the different priorities that China has with each of these countries when it comes to security cooperation.
“When meeting with Lao Deputy Prime Minister and Minister of Public Security Vilay Lakhamfong, Wang said that China is willing to work with Laos to implement the important consensus reached by the top leaders of the two parties and two countries, and act on the Global Security Initiative and the Global Governance Initiative. Wang added that the Chinese side stands ready to deepen law enforcement and security cooperation with Laos to continue to crack down on transnational crimes such as online gambling and telecom fraud. Vilay Lakhamfong, who is in China to attend the Lancang-Mekong ministerial meeting on law enforcement and security cooperation, said that the Lao side is ready to advance law enforcement and security cooperation with China, and promote the in-depth and solid development of a community with a shared future between Laos and China.”
“When meeting with Francisco Díaz Madriz, chief of the Nicaraguan Police Force, Wang stated that China stands ready to work with Nicaragua, guided by the important consensus reached by the leaders of the two countries, to strengthen multilateral communication and coordination, and jointly enhance law enforcement capacity-building. Francisco Díaz Madriz, who is in China to attend the 2025 Conference of the Global Public Security Cooperation Forum in Lianyungang, stated that the Nicaraguan side firmly adheres to the one-China principle and is willing to elevate the friendly bilateral relations to a higher level.”
“When meeting with Demelash Gebremichael, commissioner general of the Ethiopian Federal Police Commission, Wang called on both sides, under the guidance of the important consensus reached by the leaders of the two countries, to strengthen coordination in multilateral occasions, boost security cooperation for Belt and Road cooperation, and enhance their capabilities to combat crimes. Demelash Gebremichael, who is also in China to attend the Forum in Lianyungang, expressed his gratitude for the long-term assistance and support from the Chinese side and pledged to take measures to ensure the safety of Chinese personnel, institutions and projects in Ethiopia.”
“When meeting with Artur Poghosyan, chairman of the Investigative Committee of Armenia, Wang said that China is willing to work with Armenia to implement the important consensus reached by the leaders of the two countries, jointly combat transnational organized crimes, make concerted efforts to ensure the safe and smooth progress of projects under the Belt and Road Initiative, and deeply engage in cooperation on police training. Poghosyan expressed the Armenian side's willingness to deepen cooperation in the fields of law enforcement and security.”
Third, Wang Yi met with Slovenian President Natasa Pirc Musar in Ljubljana. Xinhua says that Musar told Wang that “Slovenia highly commends China, as a responsible major country, for adhering to multilateralism and setting an example for the international community.” She also told Wang that Slovenia “highly appreciated China's achievements, especially in its green transformation…Musar noted that Slovenia's diplomacy is committed to seeking partners rather than creating confrontation. The country is willing to closely cooperate with China, firmly safeguard the international system with the United Nations at its core, firmly uphold openness, cooperation and free trade, and jointly address global challenges such as climate change.”
Xinhua’s report adds:
Wang said that “Slovenia practices ‘small country, big diplomacy’ with a global vision, and regards China as a partner rather than a rival, which serves the interests of all parties, including Slovenia itself. China-Slovenia relations transcend differences in social systems and serve as a model of mutual respect and win-win cooperation among countries of different national conditions and sizes, Wang said, adding that a monument set up in Ljubljana last year has become the latest symbol of friendship between the two countries. He said that in the face of a world full of intertwined changes, Xi has proposed the Global Governance Initiative, which aims to reform and improve the global governance system. The five key principles contained in the initiative are in line with the purposes of the Charter of the United Nations (UN) and meet the common expectations of the international community. China will continue to stand by the majority of countries, oppose the world's return to ‘law of the jungle’ and take actions to defend international fairness and justice, Wang said, adding that China is willing to enhance multilateral collaboration with Slovenia, uphold the basic norms governing international relations, promote the political settlement of hotspot issues and build a more just and equitable global governance system. He called on Slovenia to continue its efforts in promoting China-Europe relations and cooperation between China and Central and Eastern European countries.”
Wang also met with Marko Lotric, president of the National Council of Slovenia, in Ljubljana. Xinhua says:
“Wang briefed Lotric on China’s development path and philosophy, stressing that history has shown that the most important thing for a country’s development is to find a path that suits its own national conditions. China has found a path of socialism with Chinese characteristics that combines the fundamental principles of Marxism with China's specific realities and the fine traditional Chinese culture. The path is deeply rooted in the people while keeping pace with the trends of the times, receiving firm support and endorsement from the Chinese people, Wang noted, adding that this is a path of peace, development, openness, and win-win cooperation and China will continue to unswervingly move forward along this path.”
“Wang also underscored that China is committed to expanding high-level opening-up, promoting green, low-carbon and sustainable development and realizing modernization with Chinese characteristics, while in international relations, China advocates mutual respect, mutual tolerance, and win-win cooperation, aiming to build a community with a shared future for humanity. China's continuous development will offer opportunities to countries around the world, including Slovenia, he added. Meanwhile, he highlighted the importance of exchanges, friendship, and trust between their peoples in fostering country-to-country relations, adding that the National Council of Slovenia has played a significant role in promoting friendly exchanges and enhancing mutual understanding between the Chinese and Slovenian peoples, and China appreciates these efforts. China regards Slovenia as a partner and friend, and is willing to continuously expand their practical cooperation, strengthen multilateral collaboration, safeguard the international system with the United Nations at its core, and play a constructive role in the political settlement of international disputes, Wand said. On China-Europe ties, Wang emphasized that none of the problems currently faced by Europe is caused by China. China and Europe should see each other as partners rather than rivals, and their relationship should move forward, not backward. China hopes that Slovenia will firmly stick to the one-China principle and play an active role in promoting the healthy and stable development of China-Europe relations, he added.”
As per the Xinhua report, Lotric said that Slovenia “welcomes and supports the Global Governance Initiative proposed by Chinese President Xi Jinping and stands ready to join hands with China to promote world peace and development.”
Xinhua’s report on the meeting between Wang and the Slovenian Foreign Minister says:
Wang said that “the bilateral relationship, featuring equality, sincerity, trust and win-win despite their social and institutional differences, is particularly valuable amid the current complex and turbulent international landscape. He called on the two countries to uphold the original aspiration, enhance communication, deepen mutual trust, bolster cooperation and continuously enrich the strategic connotation of the China-Slovenia partnership. The ‘Taiwan independence’ separatist forces are seeking to promote separatist activities, which is a challenge to the victory of World War II (WWII) and a disruption to the post-WWII international order, Wang said, voicing his trust that the Slovenian side will continue to abide by the one-China principle, support the Chinese people in opposing the ‘Taiwan independence’ activities and consolidate the political foundation of bilateral relations.”
“China is willing to enhance exchanges at all levels with Slovenia, expand cooperation in new fields such as high-end manufacturing, scientific and technological innovation, health and medicine, green energy and artificial intelligence, and provide a fair, open, and non-discriminatory business environment for enterprises of the two countries, Wang said. Both sides should leverage their respective strengths, promote trade balance in an open spirit, and jointly support economic globalization, he noted. Wang called on Slovenia to play an active role in promoting the healthy and stable development of relations between China and the European Union (EU). Chinese President Xi Jinping has proposed the Global Governance Initiative, which upholds five key principles that align with the shared aspiration of the international community, Wang said. The initiative aims to reform and improve global governance, consolidate the authority and core position of the United Nations (UN), and has been widely welcomed and supported by the international community, he noted. China is willing to enhance collaboration with Slovenia and other countries, uphold multilateralism, join hands to build a more just and equitable global governance system and jointly safeguard world peace and development, he added.”
Tanja Fajon reportedly said that “China is an important partner of Slovenia and the EU”. “Slovenia values its friendship with China and firmly adheres to the one-China policy, and looks forward to becoming a gateway for Chinese enterprises to enter Europe, Fajon said, expecting the two sides to expand two-way investment and broaden cooperation in new energy and other fields. It is of vital importance for the EU and China to maintain positive and constructive dialogue and cooperation, she said, adding that Slovenia supports the stable development of EU-China relations. Fajon said it is extremely necessary to reform and improve global governance, and Slovenia is willing to enhance solidarity and cooperation with China to jointly uphold multilateralism and the purposes of the UN Charter. The two sides also exchanged views on global and regional issues such as the Ukraine crisis and the situation in the Middle East.”
Page 5: There’s an interesting article on “startup/entrepreneurship subsidies”, with a rather clear warning embedded. The author writes:
According to reports, recently some posts about third-party agencies/services claiming to help in acquiring entrepreneurship subsidies for college students have appeared on social media. A journalistic investigation found that some intermediary agencies, using ‘guaranteed subsidies’ as bait, set traps, turning ‘warm-hearted assistance’ into a ‘black-hearted business’. It is important to be on guard against this. On certain social media platforms, ‘guides’ and ‘secrets’ about college student entrepreneurship subsidies frequently appear. Under these, entrepreneurship subsidies seem to be something that can be arbitrarily ‘milked’. Some intermediaries, while using rhetoric like ‘high subsidies’, ‘zero threshold’, and ‘free access’, exploit loopholes through means such as forging business licenses, fabricating entrepreneurial projects, and collecting exorbitant ‘agency fees’. Worse still, they instigate students to provide false documents. These actions not only drain graduates’ wallets but also undermine the policy’s well-intentioned purpose.” 据报道，近来有一些“代办大学生创业补贴”的帖子出现在社交媒体。记者调查发现，有的中介机构以“稳拿补贴”为诱饵制造陷阱，将“暖心助力”做成了一门“黑心生意”，值得警惕。打开部分社交平台，有关大学生创业补贴的“攻略”“秘籍”频频出现。在其引导下，创业补贴似乎可以随意“薅羊毛”。一些中介机构一边用“高补贴”“零门槛”“白嫖”等话术诱导，一边通过伪造营业执照、虚构创业项目、收取高额“代办费”等手段钻空子。更有甚者，教唆学生提供虚假材料。种种行为不仅掏空毕业生的钱包，更践踏了政策善意.
The ‘black intermediaries’ are undoubtedly to blame for this chaos; however, oversight in policy implementation cannot be ignored. For one thing, the ‘last mile’ connectivity between policy issuance and implementation has not been properly addressed. In some regions, policies for entrepreneurship subsidies come from multiple authorities, with science and technology, human resources and social security, and education departments all stepping in; online and offline channels are diverse and varied, applications require running around everywhere applications require running around in all directions, which is time-consuming and laborious. In some regions, application document requirements are vague and lack specific guidance, forcing entrepreneurs to carry out repeated revisions and application attempts, resulting in them being dependent on market intermediaries. Furthermore, there are blind spots in the review and oversight mechanisms. In some regions, authenticity verification of entrepreneurial projects is perfunctory, relying solely on written materials, making it difficult to identify fraudulent projects. 乱象背后，“黑中介”难辞其咎，政策执行中的疏漏也不容忽视。一方面，政策从发布到落地的“最后一公里”未打通。有的地区创业补贴政出多门，科技、人社、教育部门纷纷出手，线上线下渠道五花八门，申请需要四处奔波、费时费力；有的地区申请材料要求模糊，缺乏具体指引，只能反复修改尝试，创业者不得不依赖市场中介。另一方面，审核监管机制存在盲区。部分地区对创业项目的真实性核查流于形式，仅依靠书面材料判断，难以识别虚假创业项目.
Entrepreneurs also need to correct their understanding. Subsidies are powerful support to ‘help mount the horse and begin a journey’, not ‘windfall from heaven’. Subsidies must absolutely not be treated as a means of opportunistic profiteering. Otherwise, they risk falling prey to shady intermediaries and overdrawing their own credibility. 创业者也要端正认知。补贴是“扶上马送一程”的有力支持，不是“天降横财”，决不能把补贴当作投机取巧的“生财之道”，否则就可能中了“黑中介”的圈套，还会透支自身信誉.
The (unblocking) solutions to facilitate policy implementation are:
build a unified entrepreneurship service platform
realize ‘one-time online registration, multiple types of subsidies distributed’
simplify application procedures, explore a framework for ‘exempt from application and enjoy directly’
On the verification front, the solutions offered are:
use big data technology to establish cross-department verification mechanisms
conduct dynamic tracking of entrepreneurship projects’ business locations, capital flows, and actual operation situations
resolutely refuse subsidies for ‘zero operation’ and ‘fake registration’ projects
severely punish intermediaries suspected of violations according to law
让创业补贴回归政策初衷，要打好“堵疏结合”的组合拳。在“疏”的层面，打通政策落地的“毛细血管”，整合多平台资源，搭建统一的创业服务平台，实现“一次线上注册、多类补贴发放”，或简化申请流程，探索“免申即享”；在“堵”的层面，利用大数据技术建立跨部门核查机制，对创业项目的经营场所、资金流向、实际运营情况进行动态跟踪，对“零经营”“虚假注册”的项目坚决拒补，对涉嫌违规的中介依法严惩。
Page 9: There’s an article by Xu Jian, former head of China Foreign Affairs University, on the Global Governance Initiative. Xu writes that the proposal of GGI, along with GSI, GCI, and GDI, “embodies the continuous expansion and deepening of the concept of a community with a shared future for mankind. It is a major innovative development of Xi Jinping Thought on Diplomacy, and demonstrates China’s image as a responsible major country that adheres to the path of peaceful development, firmly safeguards the international order and basic norms of international relations, and resolutely defends international fairness and justice.” 全球治理倡议与习近平主席此前提出的全球发展倡议、全球安全倡议、全球文明倡议一道，共同体现了人类命运共同体理念的不断拓展与深化，是习近平外交思想的重大创新发展，彰显了中国坚持走和平发展道路、坚定维护国际秩序和国际关系基本准则、坚决捍卫国际公平正义的负责任大国形象.
In the first section, Xu argues that:
“The Chinese People's War of Resistance Against Japanese Aggression was an important component of the World Anti-Fascist War, a life-and-death struggle between justice and evil, light and darkness, progress and reaction, bearing on the future and destiny of human civilization. The great victory of the World Anti-Fascist War not only marked the triumph of justice over power and the triumph of civilization over barbarism, but also laid the foundation for the post-war international order based on international fairness and justice, ultimately establishing an international system with the United Nations at its core, an international order based on international law, and the basic norms governing international relations based on the purposes and principles of the UN Charter. Eighty years of history have proven that these achievements of WWII played an irreplaceable role in promoting post-war world peace and development, serving as a ballast for maintaining global stability, driving the vigorous development of economic globalization, and significantly boosting the prosperity and development of the world economy.” 中国人民抗日战争是世界反法西斯战争的重要组成部分，世界反法西斯战争是正义与邪恶、光明与黑暗、进步与反动之间关乎人类文明前途命运的生死较量。世界反法西斯战争的伟大胜利，不仅标志着公理战胜了强权、文明压倒了野蛮，也为战后基于国际公平正义构建国际秩序奠定了基础，最终形成了以联合国为核心的国际体系、以国际法为基础的国际秩序、以联合国宪章宗旨和原则为基础的国际关系基本准则。80年的历史证明，这些二战胜利成果对于促进战后世界和平与发展发挥了不可替代的作用，成为维护全球稳定的压舱石，也推动了经济全球化浪潮蓬勃发展，极大促进世界经济的繁荣发展.
As the great changes unseen in a century accelerate in their evolution, the development of global political civilization has once again come to a complex and profound historical turning point of transformation, and the positive achievements that the victory of WWII brought to the development of world political civilization are now facing challenges and tests from different directions. On the one hand, the resurgence of power politics, coupled with the negative influence of erroneous views of Second World War history, has caused undercurrents to surge and dregs to resurface in international politics, making the world situation increasingly turbulent and unstable. Power politics is attempting to challenge the post-war international order from the perspective of its underlying logic. Some countries are placing their individual interests above the common interests of the international community, frequently bypassing the UN and trampling on international law, using force to push forward geopolitical demands, causing relevant regions to fall into long-term turmoil, weakening the UN’s authority in maintaining collective security. Some countries are also extending their hegemonic, domineering, and bullying behavior to economic, technological, cultural and other fields, abusing sanctions under the pretext of generalized ‘national security’, carrying out technological blockades and supply chain decoupling, implementing ‘long-arm jurisdiction’, and constructing exclusive ‘small circles’. This runs counter to the international community’s common aspiration of pursuing peaceful development and win-win cooperation, exacerbates the instability and uncertainty of the international situation, deteriorates the global development environment, and further subjects humanity to the profound question: ‘will the tragic history of the two world wars repeat itself’.” 随着百年变局加速演进，世界政治文明发展再度来到一个复杂深刻的历史变革关口，二战胜利给世界政治文明发展带来的积极成果正面临来自不同方向的挑战和考验。一方面，强权政治回潮，加上错误二战史观的负面影响，国际政治暗流涌动、沉渣泛起，世界形势愈发动荡不安。强权政治试图从底层逻辑上挑战战后国际秩序，个别国家将自身利益凌驾于国际社会共同利益之上，频频绕开联合国、践踏国际法，以武力手段推行地缘政治诉求，导致相关地区长期陷入动荡，削弱了联合国在维护集体安全方面的权威。少数国家还将自己的霸权霸道霸凌行径延伸至经济、科技、文化等领域，以泛化的“国家安全”为由滥施制裁，进行技术封锁与供应链脱钩，实施“长臂管辖”，构建排他性“小圈子”。这与国际社会追求和平发展、合作共赢的共同愿望背道而驰，加剧了国际形势的不稳定与不确定，恶化全球发展环境，更让人类面临“两次世界大战的惨痛历史是否会重演”的深刻拷问.
On the other hand, the tests brought about by the global governance deficit are even more severe. The profound changes in the international balance of power, the accelerated evolution of a new round of scientific and technological revolution and industrial transformation, and the tortuous progress of economic globalization, have both brought impetus to global development and posed new tests for the adaptability of the international order and the global governance system. Cutting-edge technologies, such as AI and biotechnology, are constantly reshaping industrial structures and international industrial chains. Nations are facing new choices in competition and cooperation with both opportunities and challenges co-existing. Against this backdrop, the international community’s demand for reforming and improving global governance is more urgent than at any time before, and the interconnectedness and complexity of various global challenges have also risen significantly. At the same time, the rise of unilateralism, protectionism, and hegemonism is hindering the improvement of global governance capacity and weakening the supply of global governance public goods. Due to lagging rules, weak enforcement, and diminished effectiveness in many areas, such as security, development, and the environment, the global governance system is increasingly unable to adapt to emerging systemic challenges. The world has entered a period of governance dilemma, characterized by a complex web of problems and a lack of effective responses. 另一方面，全球治理赤字带来的考验更加严峻。国际力量格局深刻变化、新一轮科技革命和产业变革加速演进、经济全球化曲折前行，既给世界发展带来动力，也对国际秩序与全球治理体系的适应性提出新的考验。以人工智能、生物技术等为代表的前沿科技不断重塑产业形态与国际产业链，国家间竞争与合作均面临新的选择，机遇和挑战并存。在此背景下，国际社会对改革和完善全球治理的需求比以往任何时候都更加迫切，各类全球性挑战的关联性与复杂性也显著上升。与此同时，单边主义、保护主义、霸权主义抬头，阻碍了全球治理能力提升，削弱了全球治理公共产品供给，全球治理体系在安全、发展、环境等众多领域因规则滞后、执行乏力、效能减弱，越来越不能适应层出不穷的系统性挑战，世界进入问题交织、应对乏力的治理困境期.
Xu concludes this section by arguing that it is within this context that Xi has proposed the Global Governance Initiative. He adds that GGI “deepens China's contribution to the development of world political civilization in two ways”
First, it further safeguards the gains of World War II: “GGI is a significant step for China to safeguard the correct World War II historical view, opposing the tampering with history and confusing right and wrong, and firmly defending the construction achievements of the post-war international system and international order.”
Second, it provides a scientific answer to the global, historical, and epochal question of ‘where is humanity heading?’” So GGI contributes “Chinese wisdom and Chinese solutions to solving global governance problems, demonstrating China's great power responsibility of always being a builder of world peace, contributor to global development, and defender of international order.”
凡益之道，与时偕行。在全球治理赤字加剧、维护二战胜利成果面临更多挑战和考验的紧要历史关头，习近平主席以大党大国领袖的天下情怀提出全球治理倡议，从两方面深化了中国对世界政治文明发展的贡献：一方面，进一步捍卫了二战胜利成果。中国军民担负起支撑世界反法西斯战争东方主战场的重任，在战争中付出了巨大牺牲，使中国赢得了作为联合国创始会员国和安理会常任理事国的地位。全球治理倡议的提出，正是中国坚持正确二战史观，反对篡改历史、混淆是非，坚定维护战后国际体系和国际秩序建设成果的重要举措。另一方面，对“人类向何处去”的世界之问、历史之问、时代之问作出了科学解答。面对国际公共产品供需缺口日益加大、全球治理赤字不断加剧给国际社会带来的共同挑战，中国作为世界第二大经济体，以构建人类命运共同体理念为引领，提出全球治理倡议，为破解全球治理难题贡献中国智慧和中国方案，展现了中国始终做世界和平的建设者、全球发展的贡献者、国际秩序的维护者的大国担当.
In the second section of the article, Xu says that the GGI’s core concepts of:
upholding sovereign equality
adhering to international rule of law
practicing multilateralism
advocating a people-centered approach
focusing on action
“stem from a deep insight into historical laws and a thorough grasp of the logic of the times. GGI is not a simple policy statement, but a precise diagnosis and solution to the current global governance deficit, charting the course for the global governance system to escape its current predicament.” 全球治理倡议蕴含的奉行主权平等、遵守国际法治、践行多边主义、倡导以人为本、注重行动导向等核心理念，源于对历史规律的深刻洞察、对时代逻辑的深入把握。全球治理倡议不是一项简单的政策声明，而是针对当前全球治理赤字的精准诊断与破局方案，为全球治理体系摆脱当前困境指明了前进方向.
The five core concepts of GGI o set forth the principles, methods, and paths that must be followed in reforming and improving global governance. Among these, sovereign equality is the primary precondition of global governance, the rule of international law is the fundamental guarantee of global governance, multilateralism is the basic path of global governance, putting people first/being people-centered is the value orientation of global governance, and action orientation is an important principle of global governance. These five aspects form an organically unified whole, and provide scientific guidance for promoting the building of a more just and reasonable global governance system and jointly moving toward a community with a shared future for mankind. 全球治理倡议的五大理念阐明了改革和完善全球治理需要遵循的原则、方法和路径，其中主权平等是全球治理的首要前提、国际法治是全球治理的根本保障、多边主义是全球治理的基本路径、以人为本是全球治理的价值取向、行动导向是全球治理的重要原则，这五个方面构成有机统一整体，为推动构建更加公正合理的全球治理体系、携手迈向人类命运共同体提供了科学指引.
“The five major concepts profoundly grasp the underlying logic of today’s world political civilization development, oppose and counter hegemonism and power politics with propositions that embody international fairness and justice in the field of global governance, promote world political civilization progress through reforming and improving global governance, embodying the worldview, concept of order, and values perspective of Xi Jinping Thought on Diplomacy, pushing major-country diplomacy with Chinese characteristics in the new era to new heights.” 五大理念深刻把握当今世界政治文明发展的底层逻辑，在全球治理领域以体现国际公平正义的主张反对和回击霸权主义和强权政治，以改革和完善全球治理促进世界政治文明进步，体现了习近平外交思想的世界观、秩序观、价值观，把新时代中国特色大国外交推向新的高度。
Xu adds that GGI “resolves the current dilemma of a global governance deficit. The basic architecture of the current global governance system, formed after WWII, is in many ways no longer adapted to the current world order and development trends. Currently, the weight of the Global South in the international landscape continues to grow, but their voice and representation in international affairs have not increased accordingly, resulting in a ‘representational deficit’ in the global governance system. Furthermore, with the rise of unilateralism and protectionism, multilateral mechanisms have been marginalized or selectively utilized. Some countries have circumvented the UN by launching unilateral actions or deliberately obstructed the implementation of UN resolutions. The binding force of international law has been severely weakened, and the governance plans of many international organizations are discussed without being decided, or decided without being implemented. This has resulted in an ‘authority deficit’ and an ‘effectiveness deficit’ in the global governance system.” 破解了全球治理赤字的现实困境。现行全球治理体系的基本架构成型于二战后，许多方面已不适应当前世界格局与发展趋势。当前，全球南方国家在国际格局中的分量持续提升，但在国际事务中的话语权和代表性没有相应增加，导致全球治理体系出现“代表性赤字”。同时，随着单边主义、保护主义抬头，多边机制被边缘化或选择性利用，部分国家绕开联合国发动单边行动，或处心积虑阻挠联合国决议执行，国际法约束力被严重削弱，诸多国际组织的治理方案议而不决、决而不行，全球治理体系出现“权威性赤字”和“有效性赤字”.
“GGI precisely diagnoses these chronic ailments and prescribes remedies:
advocating for the democratization of international relations, promoting the global governance system to more reflect the interests of the majority of countries, enhancing the representativeness and voice of Global South countries, bridging the ‘representation deficit’;
firmly defending the authority of the UN Charter and international law, ensuring that international rules build consensus and are equally applied, eliminating the ‘authority deficit’;
coordinating and harmonizing various agendas of global governance, improving governance effectiveness through systematic planning and overall advancement, fundamentally curing the ‘effectiveness deficit’.
GGI is not only a declaration of value concepts such as international fairness and justice, but also provides a Chinese solution with feasibility and operability for addressing global governance predicaments.” 全球治理倡议精准诊断这些痼疾并开出药方：倡导国际关系民主化，推动全球治理体系更多反映大多数国家利益，提升全球南方国家代表性和发言权，弥合“代表性赤字”；坚定维护联合国宪章与国际法权威，确保国际规则凝聚共识、平等适用，消除“权威性赤字”；统筹协调全球治理各项议程，通过系统谋划、整体推进提升治理效能，根治“有效性赤字”。全球治理倡议不仅是对国际公平正义等价值理念的宣示，也提供了应对全球治理困境具有可行性和操作性的中国方案. (Note: Of course, there’s no depth in explanation here in terms of how all these wonderful things will be done given the conflicts of interests that exist. At the end of the day, if you want authority, it comes at the intersection of power and legitimacy. Is GGI a promise that China will bring greater force to bear to address international challenges? How does GGI help resolve the conflict in Ukraine or Gaza? The talk from Beijing is all good; but what’s it actually going to do?)
In the final paragraph of this section, Xu writes that GGI “provides important guidance for the reform of key institutions such as the United Nations and the World Trade Organization, and for the formulation of new international rules”. 全球治理倡议蕴含着全球治理体系改革和建设的原则与方向，为联合国、世界贸易组织等关键机构改革及新国际规则制定提供了重要指引.
GGI can further deepen international cooperation. Despite differences among countries, the desire for peace and development, and the pursuit of fairness and justice, are shared. GGI captures this common denominator and has garnered support from numerous countries and international organizations since its inception, rallying forces from the Global South to promote reforms in the global governance system. GGI embodies the principle of extensive consultation, joint contribution, and shared benefits in global governance. It inherits and carries forward the spirit of the UN Charter. It advocates that global affairs be discussed, the governance system be built, and the outcomes of governance be shared. It upholds the sovereign equality of all countries and non-interference in their internal affairs. It respects the right of all countries to development and the development paths and models independently chosen by all countries. It advocates equal participation, equal decision-making, and equal benefits for all countries in global governance. It prioritizes people-centeredness, strives to continuously enhance the sense of gain, happiness, and security of all peoples, and better benefit all peoples around the world. The proposal and implementation of GGI will undoubtedly have a far-reaching and positive impact on world peace and development.” 全球治理倡议能够进一步推动深化国际合作。尽管各国存在分歧，但对和平与发展的渴望、对公平正义的追求是相通的。全球治理倡议抓住了这一最大公约数，一经提出就获得许多国家与国际组织的响应和支持，为推动全球治理体系变革汇聚起全球南方力量。全球治理倡议践行共商共建共享的全球治理观，继承和发扬了联合国宪章精神，主张全球事务由各国共商，治理体系由各国共建，治理成果由各国共享，主张各国主权平等、内政不容干涉，尊重各国发展权利，尊重各国自主选择的发展道路和模式，倡导各国在全球治理中平等参与、平等决策、平等受益，倡导以人为本，推动不断提升各国人民获得感、幸福感、安全感，更好造福世界各国人民。全球治理倡议的提出与践行，必将对世界和平与发展产生积极的深远影响.
In the final section, Xu tells us that GGI, GDI, GSI, and GCI embody “the wisdom and responsibility” of China “to address the peace deficit, development deficit, security deficit, governance deficit, and trust deficit.”
“The four major global initiatives are organically unified and mutually reinforcing, and together constitute important strategic measures to promote the building of a community with a shared future for mankind. In particular, GGI, focused on promoting a more just and equitable global governance system, can provide institutional support and create a more favorable institutional environment for building a community with a shared future for mankind.” 继全球发展倡议、全球安全倡议和全球文明倡议之后，习近平主席提出全球治理倡议，是中国为世界贡献的又一宝贵国际公共产品，凝聚着破解和平赤字、发展赤字、安全赤字、治理赤字、信任赤字的智慧与担当。四大全球倡议有机统一、相辅相成，共同构成推动构建人类命运共同体的重要战略举措。特别是全球治理倡议着眼于推动构建更加公正合理的全球治理体系，能够为构建人类命运共同体提供制度支撑、创造更有利的制度环境.
GGI aligns with the spirit of the three previous global initiatives, making the reform and development of the global governance system another crucial guarantee for building a community with a shared future for mankind. GGI is both rooted in history and derived from reality. It requires that the global governance system embody sovereign equality, international rule of law, multilateralism, a people-centered approach, and an action-oriented approach in the reform of multilateral mechanisms and the formulation of governance rules in emerging areas. It offers the international community a governance solution that differs from relying on a few countries to dominate global affairs, promotes a governance model characterized by equality, mutual benefit, and win-win cooperation, and responds to the shared aspirations of developing countries. Based on the profound changes in the world unseen in a century, GGI is not only a response to current predicaments but also aims to further create an international institutional environment conducive to building a community with a shared future for mankind and continuously consolidate the institutional foundation for building such a community. 全球治理倡议与之前的三大全球倡议的精神一脉相承，使全球治理体系改革和建设成为构建人类命运共同体的又一重要保障。全球治理倡议既源于历史，也来自现实，要求全球治理体系在多边机制改革、新兴领域治理规则制定等方面体现主权平等、国际法治、多边主义、以人为本、行动导向，为国际社会提供了不同于依靠少数国家主导全球事务的治理方案，推动形成以平等互利、合作共赢为特征的治理模式，回应了广大发展中国家的共同期待。立足世界百年未有之大变局，全球治理倡议不仅是对现实困境的回应，更是为了进一步创造有利于构建人类命运共同体的国际制度环境，不断夯实构建人类命运共同体的制度根基.
The four initiatives have a synergistic effect, Xu says.
GDI aims to address practical issues such as the widening North-South gap and unequal resource distribution, responding to humanity’s universal aspirations for common prosperity and development, and strengthening the economic foundation for a community with a shared future for mankind.
GSI upholds a common, comprehensive, cooperative, and sustainable security vision, providing a viable path for coordinating the maintenance of security in both traditional and non-traditional areas and jointly addressing security issues, thereby creating a stable environment for building a community with a shared future for mankind.
GCI advocates respect for the diversity of world civilizations, promotes the common values of peace, development, fairness, justice, democracy, and freedom, bridges cultural barriers and trust gaps between civilizations, and cultivates the cultural soil for building a community with a shared future for mankind.
GGI systematically addresses the global governance deficit and provides an institutional framework for promoting the building of a community with a shared future for mankind.
The four major global initiatives, respectively focusing on development, security, civilization, and governance, inject stability and certainty into a turbulent world. Promoting prosperity through development, ensuring stability through security, increasing mutual trust through civilisational exchanges, and pursuing justice through governance. The four major global initiatives mutually reinforce and complement each other, generating a synergistic effect that promotes the building of a community with a shared future for mankind.” 形成协同效应。全球治理倡议与全球发展倡议、全球安全倡议、全球文明倡议环环相扣、相互协调。全球发展倡议致力于解决南北差距拉大、资源分配不公等现实问题，回应人类社会对共同繁荣发展的普遍期待，推动筑牢人类命运共同体的经济基础。全球安全倡议坚持共同、综合、合作、可持续的安全观，为统筹维护传统领域安全和非传统领域安全、共同应对安全问题提供可行路径，创造构建人类命运共同体的稳定环境。全球文明倡议倡导尊重世界文明多样性，弘扬和平、发展、公平、正义、民主、自由的全人类共同价值，弥合不同文明间的文化隔阂与信任鸿沟，培植构建人类命运共同体的文化土壤。继三大全球倡议之后，全球治理倡议系统性回应全球治理赤字，为推动构建人类命运共同体提供制度框架。四大全球倡议分别从发展、安全、文明、治理等维度为动荡不安的世界注入稳定性和确定性。以发展促繁荣，以安全保稳定，以文明增互信，以治理求公正，四大全球倡议相互促进、相互补充，产生了四位一体共同推动构建人类命运共同体的协同效应.
With a focus on promoting the construction of a more just and reasonable global governance system and jointly advancing toward a community with a shared future for mankind, GGI abandons the exclusive governance model that has long been practiced by a few countries of drawing lines based on ideology and replacing dialogue with confrontation. In global governance, it does not divide countries as ‘allies’ and ‘adversaries’, but rather views each other as cooperative partners, taking the common concerns of the international community as the starting point to reform and improve global governance, embodying the concept of building a community with a shared future for mankind in the reform and construction of the global governance system, and conveying to the world the idea that we must transcend zero-sum games and Cold War mentality, and that humanity is a community with a shared future where all prosper together and all suffer together. 着眼于推动构建更加公正合理的全球治理体系，携手迈向人类命运共同体，全球治理倡议摒弃了长期以来少数国家以意识形态划线、以对抗取代对话的排他性治理模式，在全球治理中不是划分“盟友”与“对手”，而是视彼此为合作伙伴，以国际社会共同关切为出发点改革和完善全球治理，把构建人类命运共同体理念体现到全球治理体系改革和建设中，向世界传递了必须超越零和博弈、冷战思维，人类是一个一荣俱荣、一损俱损的命运共同体的理念.
The proposal of GGI has opened a new path of global governance guided by mutual benefit and win-win outcomes, enabling the international community, when facing global challenges, to seek inclusive solutions through consultation, joint construction, and shared benefits, and demonstrating China’s increasingly strong agenda-setting capability in global governance. In today’s world, global challenges are increasing rather than decreasing, and GGI has emerged in this context, systematically addressing the questions of global governance: “who governs, how to govern, and for whom to govern,” which is conducive to enhancing the implementation capacity and effectiveness of the current international system and international mechanisms, making them keep pace with the times and respond more effectively to the challenges of the era, and finding the correct direction for cooperation and injecting strong driving momentum to promote the building of a community with a shared future for mankind. 全球治理倡议的提出开辟了一条以互利共赢为导向的全球治理新路径，使国际社会在面对全球性挑战时可以通过共商共建共享寻求包容性解决方案，展示了中国在全球治理中越来越强的议程设置能力。当今世界全球挑战有增无减，全球治理倡议在此背景下应运而生，系统回答了全球治理“由谁治理、如何治理、为谁治理”的问题，有利于增强现行国际体系和国际机制的执行力、有效性，使之与时俱进，更有效地应对时代挑战，为推动构建人类命运共同体找到正确合作方向、注入强大前进动能.
Page 11: There’s a brief report highlighting that Ji Jialiang, a descendant of General Ji Hongchang has joined the PLA. Ji Hongchang is a famous historical figure, who was once in Chiang’s Nationalist army and then moved to the CPC in the 1930s. He was eventually killed by the Nationalists.
Page 15: On the international news page, there’s a report on MoFa congratulating former chief justice Sushila Karki for taking over as Prime Minister of Nepal.
“The spokesperson stated that China and Nepal enjoy a long-standing traditional friendship. China has always respected the development path independently chosen by the Nepalese people and is willing to work with Nepal to uphold the Five Principles of Peaceful Coexistence, promote exchanges and cooperation in various fields, and advance the continuous development of China-Nepal relations,” MoFA said.