The government of the Macao Special Administrative Region (SAR) held a flag-raising ceremony early on Tuesday morning to celebrate the 75th anniversary of the founding of the People's Republic of China (PRC).
The national flag and the flag of the Macao SAR were raised at the ceremony as the national anthem was resounding across the Golden Lotus Square.
Vice chairman of the National Committee of the Chinese People's Political Consultative Conference Ho Hau Wah, Macao SAR Chief Executive Ho Iat Seng, representatives of the Liaison Office of the Central People's Government in the Macao SAR, the Office of the Commissioner of the Ministry of Foreign Affairs of China in the Macao SAR and the Chinese People's Liberation Army Garrison in the Macao SAR, as well as eminent persons from various walks of life of the Macao society, attended the ceremony.
After the flag-raising ceremony, the government of the Macao SAR held a series of events to celebrate the National Day such as a reception, a running event, police band performances and a fireworks show.
In addition, the Macao Bridge, the SAR's fourth cross-sea bridge, will open to traffic starting from 14:00 on Tuesday.
The Macao SAR government also offers free Light Rapid Transit and bus and other services for residents and tourists during the holiday.
Macao holds flag-raising ceremony to mark 75th founding anniversary of PRC
Macao holds flag-raising ceremony to mark 75th founding anniversary of PRC
China's development has never been a "threat" to anyone but the source of growth advancing common development of all countries, Foreign Ministry spokesman Lin Jian said at a regular press conference in Beijing on Friday.
Some Western media and think tanks are peddling so-called "China Shock 2.0," saying that "China is achieving fast development in high-tech sectors such as renewable energy and AI and relies on foreign markets to absorb its overcapacity, thus reducing the market share of developed countries and sending more serious shock waves to the global economy compared with the era of traditional manufacture industry," while there are foreign commentators saying that the "China Shock 2.0" argument ignores the genuine innovation occurring within the Chinese industrial ecosystem and that Chinese export is the exact booster of the global economy that is needed in the turbulent period and more indispensable than ever.
Commenting on that, Lin said: "From the world's factory to the world's market and innovation powerhouse, China's development is achieved through strong performance driven by innovation and brings tangible cooperation opportunities and space to the world. High-quality Chinese products represented by the 'old three' of textiles, furniture and home appliances have stabilized the global industrial and supply chain, lowered the living cost of global consumers and eased the inflationary pressure worldwide. China's green production capacity represented by the 'new three' of electric vehicles, batteries and solar panels has bridged the gap between supply and demand in global green development and bolstered the global energy transition and low-carbon development. Moreover, China's high-tech products represented by the 'new new three' of robots, AI and innovative drugs have broken high-tech barriers and monopoly and enabled people in more countries to access affordable new technologies," said the spokesman.
"Openness and cooperation bring about progress and win-win result. China's development has never been a 'threat' to anyone but the source of growth advancing common development of all countries. What really creates 'shocks' to the world has never been the innovation of Chinese companies and efficiency of Chinese industrial capacity, but protectionist moves of setting up barriers, decoupling and severing industrial and supply chains. China will stay committed to high-standard opening up, defend the multilateral trading system and provide more certainty and new impetus to the world economy with its own steady development," said Lin.
China's development never a threat: FM spokesman
