China's stock markets staged a miraculous turnaround on Thursday, with the Shanghai Composite Stock Index regaining the psychologically important 2,800 points and closing at 2,845.78.

Analysts said the market is expected to stabilize and return to normal operations along with the country's sustained economic recovery, calling for stepped-up policy support to bolster the economy and beef up investors' confidence.

In the morning session on Thursday, the Shanghai Composite Index broke the 2,800 points and set a record low since May 2020. However, the Shanghai Composite Index closed up by 0.43 percent to end at 2,845.78 and the Shenzhen Component Index rose by 1.0 percent to 8,847.

"The recent fall in both A-share and Hong Kong stock markets reflects the pessimistic sentiment of investors. Once market expectations improve, domestic capital markets will gradually rebound," Yang Delong, chief economist at Shenzhen-based First Seafront Fund Management Co, told the Global Times on Thursday.

In 2024, China's stock market may display a path from decline-to-rise in 2024, Yang said.

Intensified macro-policies are needed to drive up investment, consumption and the property sector to enhance investors' confidence, he said, noting that institutional investors are expected to enter the A-share market to explore opportunities at the moment.

"Along with the continuous upswing in the country's economic recovery, bearish news will gradually disappear. As a result, the stock market is expected to stabilize and return to normal operations," Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times on Thursday.

Dong said that financial regulators need to strengthen communications with investors to avoid investors' misinterpretation of regulations. In addition, authorities should strictly crack down on illegal behaviors in the field in accordance with laws.

Following the Central Financial Work Conference in October, a key meeting held on Tuesday reiterated building China into a country with great financial strength. Financial oversight needs to have "teeth and thorns" and be sharp-pointed, the meeting stressed, pointing out that law enforcement should be strict in market access, prudential oversight and behavioral regulation.

China's GDP expanded 5.2 percent year-on-year in 2023, higher than the target of about 5 percent set at the beginning of the year, official data showed. 

In my opinion, China should set an economic growth target of 5 percent or above for 2024, as the global economy is projected to slow this year.

The reason is that the recovery of China's economy in 2023 was driven by increased consumption - that is, largely by putting existing capacity back to work. But the investment in China's economy in 2023 was not strong enough. 

Fixed-asset investment reached 50.3 trillion yuan ($6.9 trillion), only up 3 percent year-on-year, according to data from the National Bureau of Statistics.

This means that, given that an economic recovery has already been taking place after the COVID-19 downturn, it is likely that capacity constraints will begin to appear unless fixed-asset investment increases during 2024. 

If the rate of growth of investment increases, which is necessary if capacity problems are not to be encountered, growth of a bit above 5 percent is possible. But it is not possible to guarantee in advance that fixed-asset investment will increase - this will depend on policy. 

It would be unwise to definitively set a target "above 5 percent" - although that would be desirable. Falling below 5 percent would, however, have strongly undesirable economic and social consequences. I would therefore formulate it as "5 percent or above."

The highly anticipated World Economic Forum, also known as the "Davos Forum," will be held in Davos, Switzerland, from January 15 to 19. More than 2,800 representatives from over 120 countries and regions are gathering together to explore the future of the world economy under the theme of "Rebuilding Trust." Chinese Premier Li Qiang will attend the opening ceremony of the forum and deliver a speech as an invited leader.

This year's forum is held against the backdrop of the most complex geopolitical and geo-economic situation in decades, summarized by Western media as the four "C"s: conflict, the new cold war, climate, and chaos. The international community has high expectations for the forum, with over 300 dignitaries in attendance, including more than 60 heads of state and government, hoping that Davos will become an accelerator for promoting cooperation. China's active participation and demonstration of an open, cooperative attitude undoubtedly represent a positive signal that all participants hope to see, as it is the greatest certainty and reliable force amid geopolitical and global economic uncertainties.

Since its first participation in the annual meeting in 1979, China has been an active participant in the Davos Forum, which has also become the best witness to China's integration and mutual development with the world. Today, the Davos Forum has become an important occasion for Chinese leaders to clarify China's development concepts to the outside world, and representatives from all parties hope to hear China's voice here. From the speech by the Chinese premier to the discussions on China's economy and sustainable development in various events of the forum, this Davos Forum will continue to demonstrate China's firm attitude toward deepening opening-up and supporting globalization, and continue to write the story of China's integrated development and mutual achievements with the world.

As an important annual occasion to check the pulse of the global economy, this year's Davos Forum not only continues last year's main tone of "Cooperation in a Fragmented World," but also once again issues an early warning about the dangers of division and confrontation in the world. It points directly to the serious trust crisis, a core issue facing the world today. The forum hopes to provide new opportunities for growth and create new conditions for development for the world economy, which is struggling to recover, by discussing the basic principles of rebuilding trust. As executive chairman of the World Economic Forum Klaus Schwab noted, the current level of pessimism is unprecedented and rebuilding trust in the future is crucial. "These holistic narratives require global, national, and local cooperation."

In terms of promoting the world in rebuilding trust and accelerating economic recovery, Davos and China share a consistent stance of advocating the resolution of major crises through unity and cooperation, abandoning zero-sum games and returning to win-win cooperation, and opposing "decoupling" and "small courtyard with high walls." In particular, the core topics discussed this year, such as creating growth and employment for the new era, promoting economic and social development with artificial intelligence, and implementing long-term climate, natural and energy strategies, are in line with Chinese modernization that China is currently promoting. The narrative of promoting countries to work together to respond to challenges, achieve common prosperity, and build a global community with a shared future is what China has been working hard to advocate and implement. The alignment between China and Davos Forum illustrates the mainstream of the world and the aspirations of the people.

It is necessary to emphasize that in the current environment of continued weak global economy, rebuilding trust can never be achieved through the so-called "de-Sinicization." It can only be achieved by continuously deepening cooperation with China and starting with truly understanding the inseparable integrated development of China and the world. In the future-oriented economic framework, a multi-dimensional, diverse and dynamic China, as well as a China that is steadfast in deepening opening-up and supporting globalization, is for sure a development opportunity and partner for all countries in the world.

The organizers of the Davos Forum raised this question about the outlook for this annual meeting on their official website: Will the coming year be a period of "permacrisis"? Or will 2024 be a time for resolution and recovery? Regarding this issue, the positive signal sent by China, the world's second largest economy and where the opportunities for future prosperity of the global economy lie, is exactly what Davos wants to hear the most, and it is also what the world wants to hear the most.

The Working Group on Enhancing Climate Action in the 2020s between China and the US was successfully launched on Friday via video conference with officials from the two sides engaging in in-depth and friendly discussions on key areas of cooperation, including energy transition, methane, circular economy, low-carbon provinces or states and cities.

This conference took place as part of a series of interactions between China and the US in various sectors at the beginning of 2024 amid efforts to implement the consensus reached during the top leaders' meeting in San Francisco last year and to further stabilize bilateral relations, analysts said. However, they also cautioned about potential negative factors from the US side that could impact the relationship, including the US' recent interfering in the Taiwan regional leader election. 

The Friday video meeting was co-chaired by Xie Zhenhua, China's special envoy for climate change, and John Kerry, US special presidential envoy for climate. The two sides have agreed to maintain close communication, exchange and mutual learning, and carry out practical cooperation under the working group mechanism, in accordance with the consensus of the Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis, according to China's Ministry of Ecology and Environment.

The Friday meeting is a continuation of a series of exchanges between China and the US in different fields. On Thursday, Chinese Commerce Minister Wang Wentao held a phone call with US Commerce Secretary Gina Raimondo. On Wednesday, Chinese State Councilor and Minister of Public Security Wang Xiaohong met with US Department of Homeland Security Secretary Alejandro Mayorkas via video link. 

China and the US started this intensive cross-departmental exchange at the beginning of the year, which indicates that both sides are earnestly implementing the consensus reached at the San Francisco summit, Li Haidong, a professor at the China Foreign Affairs University, told the Global Times. 

The frequent interactions are positive and demonstrate that at the beginning of this year, on the basis of broad communication and exchange, China and the US are actively managing their differences, said Li, noting that all these communications are also beneficial for both sides.

However, whether this trend can last and China-US relations can be further stabilized depend crucially on whether the Biden administration shows leadership decisiveness and takes concrete actions to prevent negative factors or extreme forces within the US from damaging the bilateral relationship and ensure that US policy toward China does not deteriorate sharply due to domestic political factors, said Li.

Lü Xiang, a research fellow at the Chinese Academy of Social Sciences, noted that the US still perceives China as a competitor, indicating the potential for confrontation between the two sides. Moreover, the US has not ceased its provocations, especially on the South China Sea and the Taiwan question, necessitating China's heightened vigilance, Lü told the Global Times. 

For example, according to media reports, the Biden administration will dispatch a delegation comprised of former senior officials to the island of Taiwan shortly after the island's regional leader election to be held on Saturday.

China's Foreign Ministry spokesperson said on Friday that the US leaders have repeatedly expressed their adherence to the one-China principle, not supporting "Taiwan independence," and not seeking to use the Taiwan question as a tool to contain China. 

"We hope that the US side will abide by its commitments, handle Taiwan-related questions carefully and properly, cease official exchanges with the island of Taiwan, refrain from sending any wrong signals to the separatist forces advocating 'Taiwan independence,' and refrain from interfering in Taiwan's regional elections in any form," said Mao. 

If the US side genuinely wishes to maintain peace and stability in the Taiwan Straits, it should clearly oppose "Taiwan independence" and support China's peaceful reunification, said the spokesperson. 

The US' tactics of saying one thing and doing another is shown in not only the Taiwan question but also other issues, and this is one of the cruxes of the bilateral relations, Li said. 

The Taiwan question is the most serious and core issue of China-US relations at any time and China has put priority on it in dealing with its relations with the US, Li said, urging the US to fulfill its commitments on the Taiwan question and work in the same direction in promoting bilateral relations instead of damaging it. 

With the completion of the first trial voyage of China's first domestically built drilling ship, the Mengxiang (Dream in English), the country officially became the third country in the world - following the US and Japan - to possess its own professional ocean drillship, which is dubbed as the aircraft carrier in marine science.

With this ship, Chinese scientists will certainly make great contributions to international deep ocean exploration, Tuo Shouting, director of the Integrated Ocean Drilling Program (IODP)-China Office, told the Global Times in an exclusive interview. 

On December 27, 2023, the Mengxiang completed its trial voyage in the waters of the Pearl River Estuary in South China's Guangdong Province, marking a step forward for the country's exploration of deep-sea resources. 

The ship sailed 500 nautical miles. The performance and various indicators of its main power and other marine systems all met relevant standards.

With a length of 179.8 meters and a width of 32.8 meters, the Mengxiang can travel 15,000 nautical miles and sustain itself for 120 days without returning to port.

The ship, featuring high stability and structural strength, can operate in unlimited navigational areas worldwide and drill as deep as 11,000 meters in the sea. 

Boasting a world-leading marine drilling capacity, the ship will drill through the Earth's crust and into the upper mantle, contributing to the exploration of marine energy resources, protection of national energy security, and maritime power construction.

The mantle, accounting for four-fifths of the Earth's volume and three-fourths of its mass, is full of scientific mysteries waiting to be explored by scientists.

Construction of the Mengxiang kicked off in November 2021 and is planned to be comprehensively completed in 2024. The ship was officially named Mengxiang on December 18, 2023, when it started its trial voyage.  

"The vessel not only carries the dream of the Chinese people to build a maritime power, but also carries the dream of global scientists to 'penetrate the Moho discontinuity and enter the upper mantle,' and carries the dream of human beings to develop deep Earth resources," Li Jinfa, director of the Geological Survey under the Ministry of Natural Resources, told media when explaining the name of the vessel.  

From participant to leader

China has been a participant in the IODP for a long time. With the completion of the construction of the Mengxiang, China will be able to independently organize expeditions, just like the US, Japan and Europe, Tuo Shouting said. 

He expected that, with the vessel, China can transit from a participant to a leader of the program, playing a more significant role in international deep-sea drilling. 

The IODP is an international marine research collaboration that explores Earth's history and dynamics using ocean-going research platforms to recover data recorded in seafloor sediments and rocks and monitor subseafloor environments. The program now has more than 20 member nations.

China started to participate in the program as an associate member in 1998 and became an official member in 2004. 

Currently, China sends eight to nine scientists every year to attend the voyages of the US drillship Resolution to join global scientists to conduct research.   

According to Tuo, the most prominent achievements of Chinese scientists in previous missions are the four ocean drilling expeditions in the South China Sea, through which Chinese scientists made a series of breakthroughs in the deep parts of the South China Sea, proposed new understandings related to climate change and basin formation, and challenged the traditional Atlantic model theory. 

The achievements have helped China win the international leading position in deep-sea research in the South China Sea and provided important theoretical reference for deep water oil and gas exploration in the region, Tuo said.

Due to the phased end of the IODP in 2024 and the planned retirement of the US vessel Resolution the same year, Europe and Japan are organizing and initiating the next phase of program. Therefore, China is also preparing to launch its own expedition plan and seeking to cooperate with Europe and Japan to jointly lead global ocean drilling, Tuo said. 

He revealed that China has already been compiling an international ocean drilling implementation plan (2025-2035) and the completion of Mengxiang will provide key equipment support for China-led expeditions in the future.

China-initiated ocean drilling will greatly enhance the country's innovation capabilities in deep-sea scientific research, observation and exploration, and development of intelligent equipment, Tuo said. 

Moreover, ocean drilling has long been a "rich man's club" in the developed world, but the waters at the heart of many scientific problems lie within the exclusive economic zones of developing countries. China will actively expand international cooperation partnerships and build a Belt and Road ocean drilling alliance through cooperation with developing countries, especially those associated with the Belt and Road Initiative. This will promote China's platform to carry out expeditions globally and help more developing countries enter the field of deep-sea research, Tuo stressed.

It was close to midnight Beijing time. In Taipan village, a small mountain village in Guizhou Province in Southwest China, a basketball game was underway. Tens of thousands of spectators filled the court, and every time when points were scored, the sidelines rang with cheers and the banging of pots and pans. Incredibly, millions of netizens watched the game on their cell phones.

Starting last summer, a phenomenal basketball tournament was born in this small village of 1,200 people, generating national attention. People call this village basketball tournament "Village BA," and some compare it to the famed Rucker Park, a basketball mecca in New York City.

The 28-year-old Ou Minghui is a Guizhou native. He led his team to win the championship in the previous Village BA tournament and he won the tournament MVP. Ou started playing basketball at the age of 8 and his idol is Kobe Bryant. Although Ou's current job is raising cattle, playing basketball has always been his dream.

In China, amateur basketball players like Ou are called "grassroots players." Most of the participants in the Village BA tournament come from Taipan and its surrounding villages, including farmers, cooks, drivers. Even people who work in nearby provinces, such as Guangdong, take time off to play in the tournament.

"The professional players have their dreams and we have ours," Ou said.

Basketball has a long tradition in Taipan, where the first basketball court, though substandard, was built in 1936. Since then, during summer festivals when the Miao people - one of the 56 ethnic groups in China, and many of the villagers in Taipan are Miao who still retain their own culture and customs - celebrate the harvest, Taipan village has organized basketball tournaments, inviting villagers from the neighboring areas to participate.

For decades, the prizes for contest winners were never paid in cash. In the past, villagers took out their own rice and gave it to the winners of the tournament. Nowadays, the top teams receive prizes such as cows, sheep and piglets, all of which are local specialties.

Whether on or off the court, the Village BA basketball tournament brings people a completely different feeling from professional events. Many spectators stand on hillsides and rooftops, or climb up ladders or treetops just to find the best viewing angle. Once these on-site spectators used their smartphones and social media networks to share their joy, viewers from all over the country were soon attracted to Village BA as well.

Lin Yongping, 55, and her family drove three hours from another city in Guizhou Province to the village of Taipan. It was her first time to see a basketball game live.

"It doesn't matter to me how the match result goes," Lin said. "I don't really know the basketball rules but we cheer for whoever scores."

Basketball is very popular in China and people are well aware of the NBA games. In July, Minnesota Timberwolves player Li Kai'er, formerly known as Kyle Anderson before his naturalization, became a player for the Chinese national team and participated in the FIBA Basketball World Cup.

China's basketball legend Yao Ming, who once played for NBA franchise the Houston Rockets, is currently the President of the Chinese Basketball Association (CBA). Speaking about the Village BA, Yao said he was afraid he wouldn't be able to snag a ticket, even though it's free.

There were quite a few NBA elements at the Village BA games. Many spectators wore jerseys of Michael Jordan, LeBron James, Stephen Curry, Tracy McGrady, Jeremy Lin and other stars when watching the games.

Not long ago, the NBA and Village BA established some connections. 

As part of his China Tour, Miami Heat player Jimmy Butler came to the village of Taipan. Wearing Miao silver jewelry and carrying Miao embroidery, Butler was applauded and cheered by thousands of fans. When asked about how he felt, Butler repeated the word "incredible" several times in his answer. When he left the village, he asked the staff for pictures and video footages and shared this unforgettable experience on his personal social media account. 

Wu Xiaolong, 31, a villager from Taipan village, was particularly excited by Butler's arrival. "I watch NBA games every year," Wu said. "Now foreign friends also see the games in our hometown, I feel very happy and proud."

US basketball star Stephon Marbury, who has worked for many years in China's top basketball league CBA, also came to the Village BA to train with local young players. Brooklyn Nets player Ben Simmons, on the other hand, donated a basketball court to a town in Guizhou. "I have visited China many times since I was a teenager, and I am deeply touched by the warmth and friendliness of the Chinese people and their love for basketball." Simmons said he hopes to bring the joy of basketball to more people by donating the court. 

An American netizen on Twitter commented that whether it's the NBA or the Village BA, the people of China, like the people of the US and the rest of the world, have the right to enjoy sports and to unite in the pursuit of a better life.

For Village BA spectators and local people, Village BA is more than just a basketball game, it feels like a carnival.

At halftime, there are various cultural performances - people dressed in ethnic minority costumes, audience members singing Cantonese songs from the 1990s, and children break-dancing to the tune of song "I will survive."

Outside the stadium, local villagers have set up stalls selling specialty snacks such as cold noodles, fried yam and ice jelly, most of which sell for less than $1 each. There are also villagers who offer ethnic minority clothing for rent for out-of-town visitors to use for photo shoots and social media posts.

Cen Jianglong, a villager from Taipan village, quit his job outside Guizhou last year and returned home, where he and his wife opened a restaurant near the stadium. The restaurant does very good business during the games in July and August. "The villagers hope that the Village BA will drive everyone to get rich together," Cen said.

Village BA offers opportunities and hope for Chinese villages like Taipan. During the 2022 games, the village welcomed over 400,000 tourists, generating combined tourism revenue of about $3 million.

In Rongjiang county, a few hours away from Taipan village by car, a local soccer tournament has had the same impact as the Village BA. At the recent China International Fair for Trade in Services in Beijing, the English Premier League signed a cooperation agreement with the village soccer tournament, with both sides planning training sessions and content interaction, and considering organizing friendly soccer matches.

This year, the Village BA is being held as a national tournament in villages across the country as part of China's plan to revitalize the countryside. In October, the Village BA finals will return to its birthplace in Taipan, where the game is often played from dawn to dusk. In this area, basketball games are often played from darkness to dawn, known locally as "dawn culture."

"Kobe once said, 'Have you ever seen the scene of Los Angeles at 4 am?'" A fan wrote on social media. "I'd say that you can see Taipan at 4 am through the Village BA."

China's Generation Z skateboarders have rocked the Asian Games like no one had imagined - bagging three of four gold medals of the discipline. It was not only just about the medals, but also about the energy, vitality and the uniqueness they inject into the Games.

On September 27, the youngest member of the Chinese delegation Cui Chenxi, 13, wrote her name in Chinese sports history after becoming the youngest Asian Games champion for her nation. In the same match, 18-year-old Zeng Wenhui bagged silver in women's street.

In the men's park, 15-year-old Chen Ye finished first. In men's street, China's 16-year-old Zhang Jie snatched a gold while his teammate 19-year-old Su Jianjun won a bronze. In the women's park final, Chinese athlete Li Yujuan, 20, won the silver medal, while Mao Jiasi, 15, won the bronze.

No doubt that skateboarding is a young and up-and-coming sport. Throughout the four days of the skateboarding competition, there was a friendly, young and relaxed atmosphere in the arena. In women's street final, seven of the eight contestants are under 18. Women's street final was even attended by the youngest athlete of the Asian Games at the age of nine. These athletes, however, showed the brilliant athleticism just like their role models, passed down from generation to generation. 

No pressure

Speaking with the Global Times, the young medalists displayed a similar  fighting spirit and the adherence to excellence just like the veteran athletes, but they also showed something noticeably different - their relaxed mindset toward pressure, their independence growing up as an athlete, and the unwavering support they received from their parents. 

After becoming Team China's youngest ever Asian Games champion, Cui told the Global Times that the title did not add any extra pressure. 

"I made a mistake in my first run, and on the second attempt, my coach wanted me to be steady, but I was eager to try a riskier maneuver on my own, and in the end, it worked out," Cui said.

The champion is always at ease. In the mix zone after the final, Cui instructed all the media reporters to line up and sought their opinions on where she should stand before patiently and frankly giving answers to all the questions. She said that she never actually expected the gold but she really wanted to win. 

"I might be telling some of these stories in Hangzhou to my classmates when I get back," said the middle-school girl. "I think they would be happy for me."

Different from traditional sports, there is no fixed action pattern in skateboarding. It requires skaters to freely use their imagination and creativity, which is challenging and makes the sport popular among fans. Similar to earlier generations, professional skateboards often mention that they started the sport because they found it fun. 

"When I started skateboarding, I felt that it was a very exciting and thrilling sport. I felt very happy after completing each move," Chen said, comparing it to the piano and other hobbies that his father, Chen Wanqin, tried to introduce to him, but which he found boring compared with playing with a skateboard.

When asked about his interest over skateboarding, Zhang Jie, who just won men's street, also shrugged grand expressions, but accredited all to "cool and fun."

Family support

The Gen-Z athletes also share similar positive family atmosphere. Usually training on their own without a professional team, they hailed the support they received from their family. 

After winning the final, Cui put on the Chinese national flag on her back and skated around the venue to a loud cheer. In the audience sat her father, who first introduced Cui to skateboarding and took her training at the age of nine.

For Chen, the training area made by Chen's father became the focus of media attention after his inspirational win. In an interview with the Global Times, Chen expressed his gratitude to his father as the person he most wanted to thank after winning the gold medal.

"I'm grateful to my father for building two bowls for training for me and studying skateboarding skills with me," Chen said. Chen said that he fell in love with skateboarding when he first encountered the sport in a shopping mall at the age of 8.

Once Chen Ye showed his true passion, his father respected him the choice and supported him. In 2019, Chen Ye joined the Guangdong provincial skateboarding team. To help his son's training, Chen Wanqin and his wife rented a warehouse of more than 200 square meters to build a practice bowl for him.  

After finishing second in the men's skateboarding park event at the 2021 National Games of China, Chen Wanqin built a new 900-square-meter skateboard park with a max height of nine meters in 2022 in order to improve his son's performance. Chen Ye said that during that time, his father quit his job and even spent all his savings to support his passion.

The Chinese skateboarding team, composed of athletes born after the year of 2000, continues to make breakthroughs, and the future looks promising. Showered by love, support and confidence, they are never afraid to share their ambition to go to the top. 

"First I will concentrate on getting there, then I can make a big attack," Cui told the Global Times when asked about Paris 2024.

The 19th Chinese American Film Festival (CAFF) and the Chinese American Television Festival (CATF) kicked off on Thursday in Los Angeles, the US, contributing to a close cultural exchange between the world's two largest film markets.

In a video address at the opening ceremony, Yang Guorui, deputy director of China's National Radio and Television Administration, said that over the last 19 years, Chinese-American film and TV festivals have set up a successful platform for China-US exchanges and cooperation in the audiovisual industry, according to Xinhua News Agency.

James Su, chairman of the CAFF and the CATF, told the Global Times on WeChat that the festivals have been eyed as avenues for the promotion of cooperation in the film and television industry between China and the US and enhancement of cultural exchanges and mutual learning. The festivals have built a bridge of friendship through film and television culture for better communication, understanding, and mutual benefit in the two countries.

Outstanding works

With the theme "Better Films, Better World," over 500 film and television works have applied to compete in the Golden Angel Award. Su noted the organizing committee's hopes that the festivals will bring peace, harmony, and love back to the world were based on the theme. 

At the ceremony, all the winners were announced, with The ­Wandering Earth II, the closing film at the ­festivals, crowned the Best Film, and Meg 2: The Trench, the opening film, earning the title of Best China and US Cooperation Film. 

Disney's Avatar: The Way of Water and Guardians of the Galaxy Vol. 3, Universal Pictures' Fast X, Paramount Pictures' Transformers: Rise of the Beasts, and Sony Pictures' Spider-Man: Across the Spider-Verse were all awarded the Most Popular US Films in China.

The Knockout was recognized as the Best TV Series. Guo Fan and Xu Jizhou were named the Best Directors of CAFF and CATF for their work The Wandering Earth II and The Knockout respectively.

Outstanding Chinese film and television works such as Manifesto, 30,000 Miles from Chang'an, Lost in the Stars, Wild Bloom, and Long River in the World received the Golden Angel Award for the top 10 films and television dramas.

Eleven works including Path Finders, About the Clouds, and Tale of the Night received the China Culture Communication Award, which was established in 2021. 

The purpose of the China Culture Communication Award, according to Su, is to recognize that the organizing committee views film and television art as a cultural conduit, and culture serves as an important bridge for human exchanges and mutual learning. 

"The international spread of Chinese culture contributes to mutual exchanges and learning between Chinese civilization and global civilizations, aiding the modernization and internationalization of Chinese culture," he said.

Over 10 ­Chinese films will be screened during the screening week of the festivals. 

According to Su, this marks the first face-to-face dialogue between leading figures in the Chinese and American film and television industry and experts and scholars since the start of the global pandemic. They assembled in Los Angeles to jointly explore cooperation and the future of the Chinese-American film and television industry.

He mentioned that compared to previous years, this year's festival has seen a more practical and proactive approach from both China and the US. The Los Angeles County Government in the US designated November as "Chinese American Film Festival, TV Festival Month" for the eighth consecutive year, and officials at various levels in the US are actively supporting this year's event.

Comprehensive support

Founded in 2005, the festival is a China-US cultural event recognized by both the US and Chinese governments. The annual event is usually held in November in Los Angeles.

One of the highlights of this year's edition is the introduction of the "investment and innovation unit," which provides comprehensive support for excellent film projects from both China and the US. The unit is dedicated to identifying talented filmmakers from both countries with creative potential and recognizing and supporting ­outstanding projects that have international, artistic, intellectual, and market value. 

The festival will combine the best American culture with Chinese culture in an open and inclusive manner. By discovering and supporting high-quality works, it seeks to further enhance the progress and international reach of film and television culture in the new era, according to Su.

Additionally, a TV program will officially be launched on ICITI TV, a TV station based in Los Angeles, on Friday, to introduce the ancient history and fruitful tourism resource of Southwest China's Guizhou Province. 

Yu Jinlong, a Beijing-based cultural critic, told the Global Times that CAFF and CATF can enhance cultural and artistic exchange between China and the US, allowing US citizens to learn more about China's rich history, culture, and contemporary achievements, thus strengthening people-to-people exchanges and contributing to the stability and development of China-US relations.

Recently, Gavin Newsom, governor of the US state of California, concluded a week-long visit to China after engaging in discussions with Chinese officials, local authorities, and ­business representatives on topics related to cultural exchange, climate change, economic development, and tourism.

Yu pointed out that as high-level exchanges between the two countries intensify, signs of a warming trend in China-US cultural relations are emerging.

China's first Student (Youth) Games concluded on Wednesday in Nanning, South China's Guangxi Zhuang Autonomous Region. Drawing about 20,000 young players, the Games awarded 805 gold medals across various sports. 

The Games showcased outstanding athletic achievements and the deepening integration of sports and education in China. Young athletes from different regions and schools competed and interacted in a display of youthful vitality. 

The Games marked the merging and upgrading of the National Youth Games and the National Student Games, providing a high-level competitive platform for young sports talents in China. Notably, 11 world youth records were exceeded, one world record was tied, and three Asian records were bettered.

Among all the 69 delegations participating in the open group, 64 won medals, with 54 winning gold medals. Delegations from the Hong Kong and Macao Special Administrative Regions won gold medals in the equestrian events and swimming events, respectively.

Additionally, a number of national records, national youth records and national juvenile records were set in sports such as shooting, track and field and weightlifting. In the campus group, all 34 delegations won medals, with 30 winning gold.

The first gold medal of the Games was won in Beihai, Guangxi, where 19-year-old Huang Yaoshu from the Haikou team won the men's longboard surfing event, leading the runner-up by nearly five points. 

In less than half a year since he started surfing in July 2017, Huang was selected for the Provincial Surfing Team of Hainan, the southernmost island province of China. As a kid who grew up in a fishing village, he had a natural love for surfing, but he said that he was not a talented athlete and so had to train hard for a long time. He noted that mastering a new move gives him a sense of accomplishment.

In Mashan county of Guangxi, 14-year-old Li Yantan from Guling Town Junior High School, a rural school surrounded by cliffs and precipices, excelled in rock climbing. The girl from the Zhuang ethnic group improved her performance from 11.90 seconds in the preliminaries to 10.91 seconds in the finals, securing a gold medal. Her coach, Wu Guoyong, mentioned that Li had been training in rock climbing since primary school and had shown significant improvement over the past five years.

The Games serve as an important opportunity to showcase the development of youth sports in China and represent the latest attempt at integrating sports and education. This integration is crucial for the overall development and growth of young athletes in the country, sport commentator Luo Le told the Global Times.

Luo noted that the Games provide an excellent platform for selecting talents for China's competitive sports industry. It offers young athletes a rare opportunity to gain experience in major competitions, which is vital for their development and future success in sports.

Chinese star hurdler Wu Yanni, who won the women's 100-meter hurdles during the Games, hit back at online criticism after her win.

"Some people online were saying, 'Don't jump the gun again this time.' But I was thinking, even if I did, so what?" 

Wu was disqualified for a false start at the 19th Asian Games held in Hangzhou in October. She gained supports for her confidence and straightforwardness after her public push back at the Student (Youth) Games. 

The environment in which the current generation of young athletes is growing up is significantly different from that of earlier athletes. These athletes are maturing in an era dominated by new media, and they themselves are examples of how to spread the spirit and culture of sports to the wider youth community, experts said. 

"As representatives of the new generation and the future of China's sports industry, they play a pivotal role in guiding younger athletic talents. The channels through which they exert their influence and promote sports have evolved, reflecting the broader trends in societal development," said Luo.

"These athletes are not only embracing but also shaping the societal trends in sports, effectively communicating the values and culture of sports to the youth of today. The Games have also been a part of that chain," Luo said. 

After media reported that a group of senior military officers in Gabon seized power on Wednesday, some Western countries condemned the military coup. The coup in Gabon, which comes a month after Niger's President Mohamed Bazoum was taken hostage by the troops of presidential guard, showed that the overall influence of Western countries, which have been promoting political system reforms and governance models in Africa, have largely failed, some Chinese experts said.

The West's primary concerns about the coup are not about humanitarian issues in Gabon but rather the fear that a new government that is not pro-West might take power, some experts said.

A group of senior Gabonese military officers appeared on the Gabon 24 TV station early Wednesday and announced the cancellation of the August 26 presidential election, the "end of the regime" and the dissolution of "all institutions of the Republic," France 24 reported.

The statement came shortly after the results of the presidential election were declared, which gave President Ali Bongo 64.2 percent of the vote and a third term in office, according to media reports.

The US said the situation in the African country is "deeply concerning." White House national security spokesman John Kirby said the US remains "a supporter of the people in the region, a supporter of the people of Gabon and of their demand for democratic governance," according to media reports.

France condemned the military coup in Gabon and is closely monitoring developments in the country, and reaffirmed its wish that the outcome of the election, once known, be respected, French government spokesman Olivier Veran was quoted as saying in media reports.

Chinese Foreign Ministry spokesperson Wang Wenbin said on Wednesday that "China is closely following the developments in Gabon. We call on relevant sides in the country to proceed from the fundamental interests of the nation and the people, resolve differences peacefully through dialogue, restore order at an early date."

The Chinese Embassy in Gabon issued a consular notice on Wednesday local time, stating that due to the current situation in the country, the embassy has activated its emergency mechanism for significant unexpected incidents. It also advised all Chinese citizens in Gabon to stay at home and not venture outside.

"Elections in the African region have their uniqueness and cannot be judged solely on the surface. For example, the overthrow of Mali's president Keita in 2020, who was elected by a large majority, is a case in point," You Tao, deputy director of the research center for francophone world development at Sichuan International Studies University, told the Global Times.

The people's level of satisfaction with their lives, their assessment of good governance, and their views on social fairness are sometimes not fully expressed through elections, You said.

A fundamental reason for the coup in Gabon is primarily due to Gabon's relatively low level of governance and inefficacy in administration, Song Wei, a professor at the School of International Relations and Diplomacy at Beijing Foreign Studies University, told the Global Times.

"The core of this issue is its influence from former Western colonial powers and the governance and political system reforms that the West has been pushing in Africa since the Cold War. These reforms have not laid the foundation for Africa to innately produce democracy," she said.

Thus, the West's overall promotion of governance in Africa has essentially been a failure, she said.

Following the military coup in Niger, France "fully supports" the Economic Community of West African States' (ECOWAS) decision to activate a standby military force on the borders of the Sahel country, media reported earlier in August. Macron also said recently that France's ambassador to Niger will stay in the country despite pressure to leave from leaders of the coup.

The turmoil in West Africa has a strong contagion effect, especially with the high success rates of coups and the lack of strong intervention by the international community, which greatly emboldens African military factions, You said.

France, as a former colonial power, has always been committed to maintaining the stability of its former colonies, the expert noted. However, due to the current Russia-Ukraine conflict on Europe's doorstep and the heavy colonial burden it carries, France appears to be indecisive in its actions.

"If the Gabon coup succeeds, the French government will certainly not stand idly by. After all, the Bongo family has maintained good personal relationships with successive French presidents, and national interests are highly intertwined. France cannot afford to lose Gabon," You added.