China Media Group (CMG) has completed the recording of its annual Mid-Autumn Festival Gala in Huainan, a city in east China's Anhui province, showcasing traditional Chinese cultural charm powered entirely by clean energy.
Set along the banks of the Huaihe River and deeply rooted in the region's rich cultural heritage, the gala is designed to deliver an audiovisual feast featuring classical Chinese romanticism. It is scheduled to air nationwide on the night of the Mid-Autumn Festival, which falls on Friday, Sept 26.
The main stage, located in the lake area of Huainan People's Park, blended rippling water and moonlight to create a serene and beautiful atmosphere.
Organizers adopted a customized "one program, one lighting design" approach, seamlessly integrating lighting with artistic performance to accentuate the gala's vibe.
The entire production was powered completely by clean, green energy.
"We keep a close eye on how much electricity the equipment was using second by second, and patrolled more than 30 spots around the set to ensure that the power supply stays steady and reliable," said Shi Lei, deputy director of the digital smart distribution network department at State Grid Huainan Power Supply Company.
The Mid-Autumn Festival is a traditional Chinese holiday celebrated on the 15th day of the eighth month in the Chinese lunar calendar. Around China, people celebrate the day by gathering for moon-gazing, eating mooncakes, and lighting colorful lanterns.
CMG completes recording of Mid-Autumn Festival gala
China's cross-border receipts and payments by non-banking sectors totaled 1.5 trillion U.S. dollars in August, sustaining its rapid growth trend this year, the State Administration of Foreign Exchange said Tuesday.
A highlight of the report is the net cross-border capital inflows in the past month, reaching 62.4 billion U.S. dollars, up 4 percent from July. Goods trade ranked among the largest net inflow sectors, while two-way direct investment remained broadly stable, according to the data.
Wang Yifeng, deputy director of the Everbright Securities Research Institute, said the figures underscore the resilience of Chinese market amid global financial disruption.
"The August data evidence the robustness and resilience of China's foreign exchange market. Against the backdrop of increased volatility in the external financial environment, China's cross-boarder receipts and payments maintained the momentum of relatively rapid growth. Outstanding is the relatively large net inflow of goods trade, which continued to function as the ballast stone, reflecting that the fundamentals of China's foreign trade competitiveness remain solid. The two-way direct investment was largely stable, showing that medium- and long-term capital remains optimistic about the Chinese market and that foreign investment is still glued to China," he said.
Trading activity in the domestic foreign exchange market also rose steadily, reaching 3.9 trillion U.S. dollars in August. Banks recorded a surplus of 48.5 billion U.S. dollars in foreign exchange settlement and sales, driven mainly by net inflows. The settlement rate of enterprises' foreign exchange income stood at 61.5 percent, indicating stable willingness to both convert and hold foreign currency, with market expectations generally calm.
Net settlement of foreign exchange by banks on behalf of clients under goods trade climbed to 74.6 billion U.S. dollars in August, up about 23 percent month on month, as a weaker dollar and strong exports kept cross-border capital flowing in. The share of cross-border RMB receipts and payments rebounded above 50 percent, marking greater use of local currency settlement that helps foreign trade companies reduce exchange rate risks, experts noted.
China sustains cross-border receipts, payments growth in August
