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China to continue central government investment, support private investment

China

China

China

China to continue central government investment, support private investment

2025-08-29 21:00 Last Updated At:21:37

China will continue to boost consumption and promote both central government and private investment into key sectors, including those that impact people's livelihoods, Li Chao, spokeswoman of the National Development and Reform Commission (NDRC), said on Friday.

Li said at a press conference that a series of measures will be implemented to boost consumption and stimulate market vitality, including large-scale vocational skills training and an improved minimum wage adjustment mechanism. The NDRC will continue to support the trade-in policy for consumer goods, ensuring a smooth transition of relevant policies.

In terms of investment, the NDRC will vigorously explore potential growth points and expand investment increments, according to the spokesperson. Government investment will focus on key areas and key projects that are needed for development. In particular, the NDRC will roll out plans to further increase central government investment for projects related to people's livelihoods in order to alleviate the pressure on local governments in funding.

"We will step up the study and implementation of policy measures to promote the development of private investment. Minimum requirements for private investment participation will be set for major projects in areas such as railways, nuclear power, and oil and gas pipelines," Li said.

China to continue central government investment, support private investment

China to continue central government investment, support private investment

A former television host from Taiwan, Zhai Xuan, has made a pivotal decision to leave mainstream broadcasting in order to create content that provides a better understanding of the Chinese mainland and cross-strait relations.

Zhai, a seasoned television host with over a decade of experience in Taiwan's media landscape, recently addressed an audience at an event in Beijing, where she revealed her complete transition into independent online media.

In her remarks, she articulated her aspiration to bridge what she perceives as a significant information gap between audiences on both sides of the Strait, highlighting her commitment to fostering a deeper understanding and connection through her new endeavors.

"I was really surprised by all the fake news. There were stories saying people on the mainland can't afford tea eggs or that they live in mud houses and in Taiwan, this was the main information many people received," said Zhai.

Zhai said she initially began producing online videos to challenge such perceptions while continuing her work as a television host.

In April 2025, she travelled to the mainland with her father to fulfill her late grandfather's wish to return to his hometown. The trip, which reunited family members separated since 1949, was recorded in a video series titled "Journey to Find Our Roots", drawing attention from viewers in both Taiwan and the mainland.

"Many people in Taiwan told me that after watching, they wanted to apply for a mainland travel permit immediately and go looking for their relatives. Some had long forgotten these things, but after seeing my story, they began thinking about their hometowns and family members they had never met and decided to search for their roots," Zhai shared her story at the event.

By mid-2025, Zhai said she began to feel increasing pressure amid rising political tensions and a tightening atmosphere around cross-Strait exchanges in Taiwan.

After more than 12 years in the industry, Zhai resigned from her position, believing it was the right thing to do.

"At that moment, I felt this was a major issue,not just for me, but for Chinese people on both sides of the Strait. If I backed down then, I wouldn’t be standing on the right side," said Zhai.

Since leaving television, Zhai has broadened her online programming to encompass a range of daily-life topics, including practical guidance on applying for a mainland travel permit and using commonly employed mobile applications, in addition to content that delves into historical memory and cultural connections across the Strait.

As the debate over cross-Strait relations continues in Taiwan, Zhai said she remains committed to her current path.

Former Taiwan TV host bridges cross-Strait divide via online media

Former Taiwan TV host bridges cross-Strait divide via online media

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