The star-studded line-up for the China Media Group (CMG)'s Mid-Autumn Festival Gala has been revealed as the countdown to the entertainment extravaganza on Tuesday night continues, with several international performers taking their place among the many artists who are set to grace the stage.
Renowned French pianist Richard Clayderman, popular Kazakh singer Dimash Kudaibergen, and artists from the Chinese mainland, the Hong Kong and Macao special administrative regions and the Taiwan region will all deliver performances.
The gala will be broadcast worldwide from 20:00 Beijing Time (1200 GMT) via various CMG channels, as well as on several social media platforms, with the event being staged in the northeastern city of Shenyang.
The Mid-Autumn Festival is a traditional annual festivity in China with a history dating back more than a millennium. It centers around the moon and a good harvest, and is a time for family members and friends to reunite, eat mooncakes, and appreciate the full moon.
Featuring over 30 performances that blend various forms of art, including poetry, song, dance, and drama, the gala highlights the cultural charm of traditional festivals and symbolizes the continuity of Chinese civilization.
Through innovative artistic expressions, various elements of traditional Chinese culture will be vividly presented in the program, allowing the audience to appreciate the beauty of artistic conception, culture, and technology.
The gala will take place at the picturesque Dingxiang Lake Park, situated by Shenyang's largest urban lake, combining traditional Chinese culture with the local color and charm of the city.
It will spotlight key topics of interest for audiences at home and abroad. These include the 75th anniversary of the founding of the People's Republic of China, the 25th anniversary of Macao's return to China, and significant milestones such as the Chang'e-6 space mission, which saw China retrieve the first ever lunar samples from the far side of the moon.
Line-up for star-studded CMG Mid-Autumn gala revealed
Line-up for star-studded CMG Mid-Autumn gala revealed
Since the beginning of this year, China's financial sector has further improved financing services for small and micro enterprises, particularly by addressing financing blockages for micro, small, and medium enterprises (MSMEs), amidst the country's strengthened support for businesses in recent years.
The China Banking and Insurance Regulatory Commission recently issued a document addressing the blockages in the financing process of MSMEs.
According to the document, the range of entities eligible for liability exemption upon fulfilling due diligence has been broadened to cover loans in key areas such as small and micro enterprises, self-employed individuals, owners of small and micro enterprises, and farmers. This move aims to effectively reduce the burden on grassroots credit personnel and address their concerns regarding lending.
Meanwhile, the scope of renewal has been broadened from certain small and micro enterprises to include all small and micro enterprises.
It is specified that small and micro enterprises with working capital loans and owners of small and micro enterprises, self-employed individuals, and farmers who continue to require financing after the loan terms can seek renewal support from banks.
To enhance support for small and micro enterprises, coordination among different national departments, as well as between national ministries and local governments, is growing increasingly tight.
The China Banking and Insurance Regulatory Commission and the National Development and Reform Commission have established a coordination mechanism to bolster financing for small and micro enterprises.
For instance, special teams have been set up at the county and district levels throughout China to comprehensively assess the financing needs of small and micro enterprises.
For small and micro enterprises with genuine financing needs and good credit standing, banks are required to complete credit approvals within one month in principle, guaranteeing direct access to credit funds for these enterprises.
As of the end of August this year, the balance of inclusive loans to small and micro enterprises nationwide reached 31.9 trillion yuan (around 4.5 trillion U.S. dollars), doubling that at the end of 2017, with the average interest rate decreasing by a cumulative 3.5 percentage points.
By the end of September, the six major commercial banks - Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC), China Construction Bank (CCB), Bank of Communications (BCM), and Postal Savings Bank of China (PSBC) - have collectively extended over 2.2 trillion yuan (around 310.9 billion U.S. dollars) in newly added inclusive loans to small and micro enterprises this year.
China's financial sector further removes MSMEs' financing blockages in 2024
