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China unveils plans for marking 80th anniversary of victory against Japanese aggression, fascism

China

China

China

China unveils plans for marking 80th anniversary of victory against Japanese aggression, fascism

2025-06-24 22:36 Last Updated At:23:07

Plans for activities commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War were announced at a press conference held by the State Council Information Office in Beijing on Tuesday.

On the morning of Sept 3, a grand gathering commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War will be held at the Tian'anmen Square in Beijing, in the name of the Communist Party of China (CPC) Central Committee, the Standing Committee of the National People's Congress, the State Council, the National Committee of the Chinese People's Political Consultative Conference (CPPCC), and the Central Military Commission (CMC), according to the press conference. The event will include a review of the troops.

Chinese President Xi Jinping, also general secretary of the CPC Central Committee and chairman of the CMC, will deliver an important speech at the gathering, said Hu Heping, executive vice minister of the Publicity Department of the CPC Central Committee, at the press conference.

A reception and a gala evening will also be held in Beijing on Sept 3, Hu said.

The commemorative event will be held under the theme of "Remember History, Honor the Martyrs, Cherish Peace, and Create the Future," to remember the Chinese people's hard struggle, pay tribute to the heroic martyrs who dedicated their lives and those who contributed to the Anti-Japanese War, declare the Chinese people's position and determination to unswervingly follow the path of peace and development and resolutely safeguard world peace, drawing wisdom and strength from history to move forward, and opening up an even brighter future, said Hu.

"Five activities will be held in the name of the Party and the state, including a commemorative meeting, a reception, a ceremony to confer commemorative medals, the opening ceremony of a themed exhibition, and a national memorial ceremony. They demonstrate the Party and the state's respect for history and reverence for the martyrs, which will better cultivate and inspire people's patriotic feelings," Hu said.

A grand military parade will be held at Tian'anmen, which will feature marching formations, armored columns, and aerial echelons, Wu Zeke, deputy director of the Leading Group Office of Military Parade, said at the conference.

He said that in overall planning, the participating units of the People's Liberation Army and the People's Armed Police Force will be deployed scientifically, with formations and echelons to be meticulously grouped.

"The marching formations will focus on the new structure of services after the reform of our army. The armored columns will highlight the latest achievements in the construction of our military equipment system. The aerial echelons will demonstrate the systematic level of our air combat forces and rapidly improved combat effectiveness. Now we are carrying out various preparations in an orderly manner," said Wu, who is also the deputy director of the Operation Bureau of the Joint Staff Department of the CMC.

China unveils plans for marking 80th anniversary of victory against Japanese aggression, fascism

China unveils plans for marking 80th anniversary of victory against Japanese aggression, fascism

Wholly foreign-owned public fund management companies in China have launched a series of new products since the beginning of this year, in efforts to tap into the country's growing asset management market that has kept opening up wider to foreign investment.

Since January, a total of nine wholly foreign-owned public fund managers in China, including Neuberger Berman, Fidelity, and J.P. Morgan Asset Management, have launched a range of 31 new products, with a total issuance scale of about 35.9 billion yuan (around 5 billion U.S. dollars). The number of new products has increased by 138 percent year on year, while the issuance scale has grown by 43 percent.

Bond funds have emerged as a key focus for these foreign-owned asset management firms, with new launches covering a range of subcategories such as medium-to-long-term pure bond funds, hybrid bond funds, and passive bond index funds.

In the equity field, foreign management firms are also rolling out enhanced index funds, reflecting growing confidence in China's long-term stock market potential.

"Earlier this year, we launched two new public funds, including China's first index-enhanced public fund based on the CSI A500 Index, which reflects China's new quality productive forces. The fund raised over 1.4 billion yuan (around 195.1 million U.S. dollars) in its initial offering," said Xu Yixian, deputy general manager of Neuberger Berman Fund Management (China) Co., Ltd.

Launched last year, the CSI A500 is a stock index that embraces leading firms from emerging sectors, aiming to better represent China's high-quality growth and offer options for investors seeking medium- to long-term exposure to China's economy and stock market.

Global fund managers are also moving quickly to tap into the popular Hong Kong stock market through Stock Connect, a mutual market access program through which investors in the Chinese mainland and Hong Kong can invest in stocks and Exchange Traded Funds (ETFs) in each other's markets.

"In June, we launched a fund that invests in the Hong Kong stock market through Stock Connect schemes, focusing specifically on sectors related to new quality productive forces," said Meng Qiao, Fidelity's Investment Strategy Director.

Foreign-owned public funds expand in China with over 30 new products since beginning of 2025

Foreign-owned public funds expand in China with over 30 new products since beginning of 2025

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