The third China International Panda Consumption Festival was launched in Chengdu, capital of southwest China's Sichuan Province, on Sunday to further promote the consumption upgrade and high-quality opening-up.
The shopping festival, which is jointly organized by the Ministry of Commerce, China Media Group, and Sichuan Provincial Government, has attracted nearly 30,000 local enterprises.
The event focuses on trade-in purchases to promote new services and green consumption.
The province issued consumption vouchers worth 100 million yuan (about 14.23 million U.S. dollars) on Sunday evening, covering five categories of Sichuan specialties including wine, cuisine, tea, silk and medicinal herbs.
During the two-month event which will run through Nov 30, over 1,500 consumption promotion activities will be held to create a new consumption boom through initiatives such as discounts, concessions, and live streaming sales.
Shopping festival launched in Sichuan to promote consumption upgrade
China's commissioning of "five essentials for aircraft carriers" marks a a significant achievement of the People's Liberation Army (PLA) Navy’s accelerated transformation and development, said Jiang Bin, spokesman for the Ministry of National Defense, at a press conference in Beijing on Saturday.
The "five essentials" refer to stealth carrier-based fighters, multirole catapult-assisted carrier-based fighters, fixed-wing carrier-based early warning aircraft, fixed-wing electronic warfare aircraft, and anti-submarine helicopters.
"The package, or what media have dubbed the 'five essentials for aircraft carriers,' is a vital link in forming the systematic combat capability of aircraft carrier formations and a significant achievement in the PLA Navy’s accelerated transformation and development. Building a strong PLA Navy embodies the Chinese nation's long-cherished aspiration of striving to be a strong naval power and serves as an important guarantee for realizing national rejuvenation. In the new era, under the firm leadership of the CPC Central Committee, the Central Military Commission and President Xi, the modernization of the PLA Navy has become increasingly solid and powerful. From the air to the sea, from coastal waters to the open ocean, the types and functions of various weapons platforms have been continuously improved, achieving leapfrog development and innovative breakthroughs, providing stronger guarantees for safeguarding national sovereignty, security and development interests," he said.
Spokesman confirms commissioning of 'five essentials' for carriers
