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East Asia
South Korea: culture minister nominee vows to support small and medium-sized film producers
The culture minister nominee said Tuesday he will actively reflect the positions of small and medium-sized producers in mapping out the government’s film policy. Park Yang-woo, who was tapped to lead the Ministry of Culture, Sports and Tourism in a Cabinet reshuffle in early March, also promised efforts to strengthen…
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East Asia
S. Korea’s rice production costs increase in 2018
Rice production costs in South Korea rose 15.2 percent in 2018 from a year earlier, government data showed Tuesday. Farmers spent 796,000 won (US$703) to grow rice on a 1,000-square meter paddy last year, compared with 691,000 won from 2017, according to the data compiled by Statistics Korea. The gross…
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East Asia
Head of top customs administration vows tough measures against foreign waste smuggling
China’s General Administration of Customs (GAC) will resolutely crack down on waste smuggling as it initiates the Blue Sky 2019 special campaign this year, said Ni Yuefeng, head of the administration, during an interview at the Great Hall of the People on March 5. Last year, the GAC carried…
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East Asia
E-commerce contributes to income growth of Chinese farmers
E-commerce is helping Chinese farmers improve their income, and the Chinese online shopping site Taobao under e-commerce giant Alibaba has set a great example in this regard by helping farmers build unique brands of agricultural products. Shen Zhubing, a farmer who has 0.33 hectare of millet land in Huai’an county,…
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East Asia
Chinese satellites to provide global meteorological service: official
China plans to provide more meteorological service for the international community and enhance the capability of global observation and forecast in the future, said Liu Yaming, head of China Meteorological Administration. The country will employ new technologies, including big data, to further improve smart and targeted international meteorological services…
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East Asia
China’s architecture miracles add glamour to world records
Puqian Bridge – China’s first cross-sea bridge that spans a geological fault line Crossing over the Puqian Bay in the northeastern part of China’s Hainan province, Puqian Bridge is built over seismic faults, with the highest level of seismic resistance fortification and the highest level of designed wind speed in…
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East Asia
China to seek stable, better-structured trade in 2019: commerce minister
China will take a string of measures to promote stable and higher quality growth of foreign trade this year, said Zhong Shan, China’s Minister of Commerce at a press conference for the second session of the 13th National People’s Congress (NPC) on March 9. The minister hailed China’s trade performance in…
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East Asia
China to accelerate negotiations on regional trade pact: official
Chinese official promised on March 9 that the country is ready to accelerate the negotiations progress on the Regional Comprehensive Economic Partnership (RCEP) and the trade agreement between China, Japan and the Republic of Korea (ROK). In the government work report delivered at the second session of 13th National People’s…
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East Asia
40-ton class heavy helicopter jointly developed by China, Russia to be delivered by 2032
The 40-ton class heavy helicopter, jointly developed by China and Russia, is expected to be delivered by 2032, said Wu Ximing, a Chinese political advisor and chief designer of helicopters for the Aviation Industry Corporation of China. “Russia is more experienced in the transmission system when it comes to…
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East Asia
Prudent monetary policy to continue in China
Despite seemingly contradictory priorities, China will continue to pursue a prudent monetary policy that ensures sufficient liquidity to support economic growth and prevent financial risks as well as keep the renminbi’s exchange rate at a reasonable equilibrium, Chinese officials said on Sunday, March 10. At a wide-ranging press conference on…
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