As an important powerhouse of China's economy, Guangdong Province has achieved a new milestone in 2023 by leading the nation in the total number of business entities, enterprises, foreign-invested enterprises, and private-owned companies. 

The achievement is attributed to various factors, including the province's favorable business environment, experts said.

In 2023, the total number of registered business entities in Guangdong reached a staggering 18 million, representing a 10th of the country's total. The figure marked a significant increase of 1.7 million, or 10.6 percent growth from the previous year, making it the highest growth rate in the past five years, according to Guangdong Administration for Market Regulation.

The province also boasts the largest number of all types of enterprises in China. It is home to 7.8 million enterprises, accounting for one-seventh of the nation's total, which includes some 7.2 million private enterprises,

After the issuance of the guidelines on boosting the growth of private economy on July 19, 2023, Guangdong launched a series of measures to respond to the problems that private businesses face, and it focused on promoting fair market competition and protecting the legitimate interests of private businesses and entrepreneurs, Zhou Rong, a senior researcher at the Chongyang Institute for Financial Studies at Renmin University of China, told the Global Times on Wednesday.

For private enterprises of different sizes, including individual businesses, Guangdong Province responded to their problems in a targeted manner, published guidelines and solutions covering all industrial sectors to help private enterprises tackle their problems related with their business development, Zhou said.

Guangdong is also one of the most preferred destinations for foreign investors. In 2023, 21,000 newly foreign-invested enterprises were set up in the province, making Guangdong home to over 199,000 foreign-invested enterprises, accounting for a quarter of the nation's total. 

Guangdong has also taken measures to optimize the business environment in the Greater Bay Area, creating a favorable investment environment for all overseas investors, Zhou said.

Meanwhile, Hong Kong and Macao-invested business entities in Guangdong Province amounted to 96,000 in 2023, up 15.5 percent year-on-year. Notably, over 8,000 entities were registered in 2023, rising 64.4 percent over 2022.

The success of Guangdong Province in attracting Hong Kong and Macao businesses is mainly attributed to the vigorous efforts made by the province in providing the best services. Measures were taken to optimize business environment in the Greater Bay Area, especially in promoting the linkage between the markets of Guangdong, Hong Kong and Macao, Zhou noted.

The province is deepening reform of business registration system, implementing universal registration in the Greater Bay Area, and pushing electronic notarial instruments for Hong Kong investors, so as to realize full electronic registration of Hong Kong-invested enterprises, and facilitate investment and development of businesses in the Greater Bay Area, cctv.com reported.

The Shanghai Municipal Government has taken major steps to support the online economy, pledging various forms of support including funds, with a focus on advanced technologies such as artificial intelligence (AI) and blockchain.
 
Since January 1, 2024, a total of 20 measures have been implemented to boost the online new economy in a range of areas, according to a notice from the Shanghai Municipal Government that was released on Thursday. 
 
The city vowed to support the listing of online companies that are in line with national strategies, that have made breakthroughs in key core technologies, and have high market recognition. Qualified red chip online companies are also being encouraged to return to the domestic capital market, and platform companies will be supported in listing both in China and overseas. 
 
The notice also vowed to encourage high-quality online new economy enterprises to participate in the construction of the city's AI computing power center and to work jointly to build a multi-level commercial intelligent computing power cluster in the city. Also, the city will support companies in areas such as Web 3.0.
 
Shanghai will also accelerate the construction of urban blockchain infrastructure and improve AI large model innovation capabilities. It will support online new economy enterprises to build large models with international competitiveness, encourage the formation of a data flywheel, accelerate model iteration, and provide special rewards to enterprises that have achieved significant results in accordance with regulations.
 
Notably, the city pledged up to 50 million yuan for projects that are in line with the nation’s and Shanghai’s key strategic and public welfare goals.
 
Shanghai’s latest support measures come amid an increasing focus in China on boosting sci-tech innovation, supporting the private sector and promoting high-quality development. 

Through the Hong Kong-Zhuhai-Macao Bridge (HZMB), Chinese mainland residents can take international flights directly from Hong Kong International Airports (HKIA) without entry permit. The new policy, set to take effect on Tuesday, will further facilitate international travel for travelers from the Chinese mainland and drive passenger growth at HKIA.

This policy aims to simplify foreign travel procedures for mainland travelers through HKIA, and take advantage of the airport's direct international flights.

The move is expected to increase mainland passenger traffic at HKIA and create demand and business opportunities for Zhuhai International Airport in South China's Guangdong Province. According to media reports, Zhuhai Airport operates flights to nearly 90 mainland destinations, while HKIA offers direct flights to nearly 200 international destinations.

Zhuhai Airport will also open a multimodal passenger terminal to provide shuttle bus service for passengers traveling to Hong Kong Airport for transit flights. Passengers will board buses at Zhuhai Airport and go directly to the Skypier Terminal of Hong Kong International Airport after completing exit procedures and collecting boarding passes at Zhuhai Highway port. 

Following the implementation of northbound travel for Hong Kong and Macao vehicles, allowing Chinese mainland travelers to travel via HKIA without entry permit will further integrate the Guangdong-Hong Kong-Macao Greater Bay Area. The action is also conducive to deepening business cooperation between airports in the area. 

The border control of HZMB has set up a designated inspection channel in Zhuhai highway port to differentiate ordinary travelers and travelers to HKIA for inspection, and to provide convenient and high-quality customs clearance services, Lin Meihong, a senior official of HZMB boarder control was quoted as saying.

This policy will further leverage the bridge's central role of connecting the Greater Bay Area and influencing the western part of Guangdong, helping to promote the formation of a world-class airport cluster in the area, Lin said. 

At this stage, Chinese mainland travelers to HKIA will need to check in and complete exit procedures at Zhuhai Highway porter, in the future, travelers traveling via HKIA are expected to be able to complete their flight procedures directly at Zhuhai Airport, according to news.cctv.com. 

HKIA is one of the busiest airports in South China. In the first 10 months of 2023, the airport's passenger traffic had reached 31.4 million, up 9.5 times compared to the same period last year, according to the Airport Authority Hong Kong. 

The Guangdong-Hong Kong-Macao Greater Bay Area is accelerating integration and facilitating convenience for  local residents. On Sunday, the Digital Bay Area Development Forum in Guangzhou, South China's Guangdong Province announced a new application which provides integrated transportation, payment and healthcare services to residents of the Greater Bay Area, it is now online on multiple platforms such as Alipay, Wechat, AlipayHK and MPay, according to Chinanews.com.cn. 

A college research team from East China’s Jiangsu Province has recently released China’s first large language model (LLM), a type of artificial intelligence (AI) algorithm that uses deep learning techniques and massively big data sets to help conduct research on Chinese ancient books.  

The LLM for ancient books was designed to intelligently process ancient texts, promote innovative development in the research and preservation of Chinese ancient books, enhance the efficiency and quality of the inheritance of traditional Chinese culture, and facilitate deep integration between LLMs and the processing of ancient books.  

The LLM “Xunzi,” named after Xun Zi, one of the most famous philosophers in ancient China for his Confucian classic Xunzi, contains the vast majority of Chinese ancient books and documents including the collections of the “Complete Library in Four Sections” or “Siku Quanshu,” with a large-scale corpus of over 2 billion Chinese characters and words.  

The research on Chinese traditional classics is a painstaking and laborious work even for scholars and experts, let alone for average learners. Thus, translating ancient texts into modern Chinese is one of its most important functions, Wang Dongbo, professor from College of Information Management of Nanjing Agricultural University in Nanjing, Jiangsu, who led the research team told the Global Times. 

With the model, researchers can swiftly summarize the ancient texts and know about the themes of the ancient books. The model can also extract key information from the ancient texts, such as characters, events and places, to sort out the information with efficiency.  

Besides, the model can also automatically generate ancient poems that comply with grammar and prosody rules with the prompts the users give to it to provide inspiration for poetry lovers. It can also precisely translate ancient texts into modern Chinese to help researchers understand the original meaning and connotation of ancient texts. 

Led by Wang, the research team has been working in the area of digitization of ancient books and documents for a decade. Supported by the presence of the university’s strong computing power and based on the application scenarios provided by Zhonghua Book Company, the research team accomplished China’s first open-source LLM for ancient texts in AI.  

The LLM has been published on websites such as github.com and modelscope.cn as open-source software, allowing users to download and use it for free. 

“We trained Xunzi using big data built on ancient books which can be obtained for free on the internet just like the way OpenAI trained ChatGPT. Although we spent great effort, labor force and money into it, we still share it for free with the aim to encourage more people to study and pay attention to traditional Chinese culture,” Wang said. 

More than 5,000 Chinese suspects of economic crimes fleeing overseas have been caught and arrested from over 100 countries and regions by the public security organs across the country since the 19th National Congress of the Communist Party of China (CPC), according to China’s Ministry of Public Security (MPS).

A symposium on economic crime investigation work was recently held by the MPS in Suzhou, East China’s Jiangsu Province, to emphasize the improvement of the public security organs’ professional investigative capabilities and outline the modernization of economic crime investigation work, thepaper.cn reported on Monday.

According to the meeting, since the 19th National Congress of the CPC, public security organs across the country have solved 467,000 cases of various economic crimes, recovering direct economic losses of more than 280 billion yuan ($39.28 billion), apprehended more than 5,000 suspects of economic crimes fleeing overseas from more than 100 countries and regions, and collaborated with the CPC Central Commission for Discipline Inspection (CCDI) and the National Commission of Supervision to apprehend 14 individuals among the 100 fugitives on Interpol’s Red Notice.

According to meeting notes, nationwide public security economic crime investigation work has consolidated outstanding achievements in combatting against crimes, preventing risks, maintaining stability, and serving the development of other sectors.

The meeting urged to further improve the investigation work, improve the quality of the public security investigative teams, enhance investigative efficiency and deepen the understanding of the rules of public security economic crime investigation work in the new era.

The meeting noted that economic crime investigation work has to be further developed with innovation and the help of big data, to improve technical capabilities.

The work has to focus on cracking down on counterfeit currency, cards, invoices, money laundering, tax-related crimes, securities-related crimes, crimes in finance, and other key areas, to continuously improve the fight against crime.

The discipline of the public security investigative team has to be constantly strengthened to improve the professionalism and capability of the team, according to the meeting.

People gather for the Bala Chaturdashi Festival in Kathmandu, Nepal, Dec. 11, 202(Photo: Xinhua)

Editor's Note:

The giant pandas at the Beijing Zoo were seen happily playing in the snow after the first snowfall in Beijing this winter. (Photos: Chen Tao/GT)

What does it feel like to dive 100 meters deep under the surface of the ocean with one breath? "The hydrostatic pressure will be 11 times than that a person feels on the ground," Xu Tongtong, Chinese freediver and the country's record breaker, told the Global Times in a recent interview.

A person now titled with two record-breaking champions, the 35-year-old Xu is now the first woman of China reaching 100 meters under the sea level in history, after she claimed a gold in Constant weight (CWT) freediving discipline in Asian Freediving Cup in the Philippines in June.

The win of her first 100-meter try gave her courage. 

During July, in another competition she participated in AIDA Panglao Depth Championship in Bohol Island, the Philippines, Xu finished her another 100-meter challenge in the Constant weight bi-fins (CWTB) depth discipline, ranking second place in the world.

"If we compare the 100 meters to the height of a building, it means we are about to jump from the 30th floor to the ground and then climb back to the roof top, with one breath," Xu added. "I feel so happy when I touched and grabbed the tab underwater. 

This was a goal I set for myself three years ago, and I feel nice that the world can see the efforts we made as Chinese freediving athletes," she told the Global Times in an interview on the phone at her home in the Philippines.

The two records Xu set pushed China to reach the next level: Since then the depth record of Chinese women in freediving has entered the 100-meter level.

'First try'

Xu now lives in Boho Island, an area covering an area of 3,269 kilometers and known as top island in the Philippines.

The Boho Island has been boasting its hospitality of the freediving lovers. And it is also among the most popular freediving destinations in the country where international competitions are often held here.

But for Xu, the place means much more than a freediving heaven, as both of the two competitions she participated in with record breaking also took place here in Boho Island.

June's competition is her first ever try in challenging 100 meters freediving. "I made it," recalled Xu. "That was an unprecedented experience for me as I remembered my smile as I swam up out of the surface." 

Before heading to the competition, she undergone a three-month systematic training where her coach developed a training program cut out for her. 

"There were different proportions I needed to devote to in including the physical training and muscle training."

Based on her training plan, the last training Xu had the free diving reached 98 meters under the water. "By two meters deeper during each try, I would reach 100 meters by the time of my competition day."

"This needs a stable state of mind. If you're nervous you fail, but if you're not you win," Xu added.

Explaining the trick of the sport, Xu said that it is the opposite of the others as one needs to calm her/him down to be "as stable as possible in order to slow down the heart rate, which is essential to reduce the oxygen consumption."

A yearn for ocean

Born in Anhui, a landlocked province in East China, the 35-year-old free diver has a nickname Mutou, translated as wood often known by her friends. She also named her social media atlas after Mutou.

She believed in the flexibility of the wood as "a piece of wood can be carved into anything you want. And I wish I can have the quality just as the wood."

Xu started her swimming training as early as 8. Being a professional swimmer, Xu has participated in a string of competitions nationwide, where she won second place as her best result. 

Xu's free diving enlightenment came from a video she accidentally came across on social media. As early as 2012, when she saw the famous French freediving champion Guillaume Néry "flying" in the ocean.

"Normally we swim horizontally, but I never try swimming vertically. And I decided to have a try."

From 2012 to 2017, Xu has traveled to islands across the world for freediving, where she would immerse in the enjoyment the ocean brought her.

"If we carry gas cylinders, the bubbles that pop out will keep those sea creatures from approaching us. We are just 'guests' in the ocean, and in the ocean, we are so small," said Xu.

In the years of her career in ocean, she also received help from Israeli freediving legend Aharon Solomons, who she met in China when the later traveled there for freediving classes.

According to Solomons, freediving is a kind of sport that requires intelligence, commitments and common sense, where he believed that Xu has all of them. 

Among many sports, freediving can be dangerous, but "she has been outstanding," Solomons told the Global Times in an interview.

"I also feel honored that he coached me during my entering stage of the sport, and I've never experienced from a single injury," Xu recalled her experience when learning from Solomons.

Now in Israel, Solomons is still preparing for more competitions as he told the Global Times.

"I love adversity. Stay tuned." 

China's first naturalized basketball player Li Kai'er, who made a scoreless debut for Team China at the FIBA World Cup on Saturday night in Manila, posted the two lines, coupled with a Chinese national flag icon and heart emojis, on social media on Sunday morning. 

Contributing only four rebounds and four assists, the 29-year-old, 2.06-meter-tall Minnesota Timberwolves forward, better known to National Basketball Association (NBA) fans as Kyle Anderson, missed all his nine shot attempts during the World Cup game against Serbia on Saturday. Team China swallowed a tough 105-63 loss with Li struggling to deliver a pace-setting performance.

Disappointed Chinese basketball fans rated Li's debut a meager 4.6 out of 10 points, one of the lowest of the team squad, with some even saying that his "assimilation" to the team should not mean playing at their level. 

When asked to comment on Li's first game with Team China in the World Cup, Chinese Basketball Association (CBA) Hall of Famer Liu Yudong told media that even in the NBA, Li is not a main scorer. 

"It would be difficult to rely on his individual performance to compete in the World Cup. Basketball fans should not overestimate the capability of him or the team." 

However, it is still too early to feel deflated or to look down on Team China's recruitment of its first naturalized player since growing pains are inevitable for both the team and its new floor general Li as the young squad goes through a period of adaption and adjustment.

Admittedly, despite having a shining resumé and being active for nine years and counting in the NBA, Li has hit a "rookie wall" in the international game under the FIBA basketball rules, Su Qun, one of the best-known basketball commentators in China, told the Global Times on Sunday. 

Li has not played against any European powerhouses as strong as Serbia throughout his decade-long career within the NBA. It is hard for his signature slow-motion game style to cut when facing Serbia's well-disciplined defence, Su said. 

Outside failing to score, statistics showed that Li could be considered the worst performing individual in the China-Serbia faceoff - when he was on the court, China was losing 35 points more than when the team was without him. 

It also marked the most embarrassing debut at an international basketball game for any naturalized player worldwide so far, which, according to Su, shows that Li has not fully adapted to playing with the rest of the squad and that China's tactics system built around him has not yet been established.

Naturalizing Li so he could play for Team China before the World Cup and Paris 2024 Olympic Games was a carefully considered decision and so there is good reason to believe that Li and Team China can deliver well-engineered games, Wei Qi, a basketball commentator with the Beijing Radio and Television Network, told the Global Times on Sunday. 

Also, it would be unrealistic to expect that the young man from New York could instantly adapt himself to the European basketball style that China's new head coach Aleksandar Djordjevic, who is from Serbia, is known for, Su noted. 

The only nine shot attempts showed that Li has a strong will to better coordinate with Djordjevic's team basketball play style, Wei said.  

Chinese basketball commentators and fans still have high faith in Li, and there could be a strong rebound in the remaining two games in the World Cup group competitions, where Team China is set to take on South Sudan and Puerto Rico. As they won't be going up against powerful Serbia, that means victory is much closer in reach for the team.  

Players with South Sudan who are mostly playing in the development league of the NBA or at that level are entirely different than those with Serbia. Although they also have great physicality, Li may find that kind of game more familiar and there is a great chance Li can deliver a great comeback individual show in the next game on Monday with South Sudan. 

The bad performance China had battling Serbia could also be the result of a "strategic retreat" for the sake of better preparation for matchups with more evenly matched rivals, which is quite common in international tournament games, analysts said. Therefore, there is only more hope that China will bounce back with force in the next games. 

China aspires to be the best-performing Asian team in order to win direct qualification for the Paris Olympics in 2024. All six Asian teams competing in the World Cup, including tournament hosts Japan and the Philippines, suffered losses in the first round. 

The Chinese duo Zou Jiaqi and Qiu Xiuping bagged the first gold medal of the 19th Asian Games Hangzhou in the women's lightweight double sculls. The pair shared their proud feelings of winning in the hometown and their top goals for the Paris Olympics 2024. 

During an interview on Sunday afternoon, the duo shared with the Global Times their shiny gold medals, as well as their calloused and scarred hands.

They said they didn't feel exhausted or laborious because of it. "People in all walks of life have hard times. Since we chose this path, we must strive to be the best we can be," Qiu told the Global Times.

Talking about the match, Qiu said that she was extremely excited when she saw the national flag and heard the national anthem as they rowed past the terminal line. 

Zou, a Hangzhou local, was excited over the support she received at her hometown. "Usually, we only hear (spectators cheering) in the last 250 meters of the red buoys, but today we can hear it in the 500 meters, which is quite exciting.

Qiu also shared the excitement over the home crowds. "I would like to thank you all for coming today," she said. "I saw so many people paying attention to rowing today. I am really touched. I hope everyone will pay more attention to rowing in the future."

Speaking of the next goal - Paris 2024, the pair did not hide that they are reaching for the top podium. 

"Since we walked off the Hangzhou podium, Paris has become our goal," Qiu said. "We will restart from zero, completing every training session whole heartedly. We wish to go to the top in Paris."

Zou noted that the gold medal in the Asian Games will help them prepare and build self-confidence.

Zou said that she and her partner have developed a tremendous rapport in life. "We eat, live and sleep together, and will get to know each other more and more in life, from every detail, and then bring this tacit understanding to the boat."

In the match on Sunday morning, Zou Jiaqi and Qiu Xiuping finished well clear the other rowers, finishing at 7:06.78, about 10 seconds ahead of Team Uzbekistan in second, while Indonesia claimed the bronze medal.

Since joining hands, they have achieved a series of impressive results. In 2022, they finished second in this event at the World Rowing Cup in Belgrade. The pair has already qualified for the Paris Olympics through the 2023 Rowing World Championships.

On Sunday, the first matchday of the Hangzhou Asian Games, China's rowing bagged six gold medals, taking their all-time Asian Games rowing total to 104, including 98 golds, and they are likely to surpass the 100 gold medal-mark on Monday.