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4 reasons to add this unique BC lodge to your bucket listBEIJING , Dec. 8, 2024 /PRNewswire/ -- At the end of 2024, we take a look back at the Chinese economy's performance this year. China's domestic GDP grew by 5.3 percent year-on-year in the first quarter, 4.7 percent in the second quarter and 4.6 percent in the third quarter this year, with an average growth rate of 4.8 percent in the first three quarters. Since September, as a package of incremental policies continues to yield its effects, China's economy maintains an upward trend. Overall, we are fully confident in achieving our economic growth goal this year. The country's economic performance has been hard-won. Externally, transformations around the world unseen in a century are unfolding at a greater pace, with global economic growth remaining sluggish, and the complexity, severity and uncertainty of the external environment on the rise. At home, domestic demand is insufficient, social expectations remain weak and there are difficulties associated with structural adjustments. The situation is severe and complex, and the task is difficult and weighty. However, under the strong leadership of the Communist Party of China Central Committee with Comrade Xi Jinping at its core, Chinese localities and government agencies are more confident and are taking solid steps to deliver outcomes. The results underscore that "fundamentals of the Chinese economy, and favorable conditions such as a vast market, strong economic resilience and great potential remain unchanged." Huge market, vast space Markets are the scarcest resource. The modernization achieved by 1.4 billion Chinese people has resulted in the addition of a new super-large market larger than those of all developed countries combined. The new development paradigm will enable China to fully unlock its market potential and create greater demand for other countries. With a new car rolling off production line on November 14 , China's annual production of new energy vehicles (NEVs) surpassed the 10 million milestone, becoming the first country in the world to do so. Behind the number is China's robust supply and demand. In the first 10 months, China's production and sales of NEVs grew by 33 percent and 33.9 percent year-on-year, respectively. China continues to take the lead in the electrification and intelligence transformation of the automotive industry, which is attributed to the supply, policy support and demand advantage in the ultra-large market. Markets bring valuable business opportunities. Take cars for example. By the end of June, China had 345 million cars, but the country's car ownership level per 1,000 residents is less than half of that in developed countries. Additionally, China's NEV ownership is only 24.72 million, which means continuous demand in the future. Markets breed competition advantages. China's vast market contributes to the formation of "economy of scale" and "economy of scope," which generates greater profits for enterprises and reduces innovations costs, and also helps provide a large number of application scenarios and boost the large-scale application of innovations. China leads the world in batteries, motors and electronic control technologies, while its intelligent cockpits and intelligent driving are internationally advanced. Thanks to the benign interactions between supply and demand, the industrialization of new technologies and new products is speeding up. Strong resilience, solid basis Resilience strengthens self-belief. China has come to where it is today after overcoming all kinds of difficulties and challenges. Foreign trade is an important barometer in this regard. In the first 10 months of the year, China's foreign goods trade rose by 5.2 percent year-on-year to reach a new high compared with the same period historically. The improvement in the quality and efficiency of the country's foreign trade against the backdrop of shrinking external demand reflects China's economic resilience. This resilience originates from China's solid manufacturing basis and industrial chain advantages. "We could not do what we do without them," Apple CEO Tim Cook said of Chinese suppliers during his third visit to the Chinese mainland this year, as over 80 percent of Apple's 200 major suppliers have set up factories in China . China has the world's most comprehensive industrial categories and a well-rounded industrial system, with the scale of manufacturing industry ranking top for 14 consecutive years. The high-end, intelligent and green development of the manufacturing sector continues to strengthen the stability of the country's industrial and supply chain. In the first three quarters, the manufacturing industry contributed 32.2 percent to the country's economic growth, up 11.2 percentage points. China moved up to 11th place in the ranking of the world's most innovative economies. The basis is solid, and risks and challenges are not to be feared. Resilience also comes from excellent policy adjustments. The nation has been strengthening counter-cyclical adjustments, accelerating the implementation of major national strategies and the development of securities capabilities in key areas while supporting large-scale equipment upgrades and trade-in policies for consumer goods with robust measures, boosting the stabilization of the property market and galvanizing the capital market. The government has also put forward a package of measures to dissolve local government debt risks. This year, a series of existing policies continue to produce effects and incremental policies are being effectively implemented, jointly helping the economy stabilize. Vast potential, strong momentum China's economy has vast potential and many advantages and favorable conditions for sustaining long-term development momentum. China has been the world's second-largest economy for many years, but still has vast development potential in terms of per capita and structure. China's per capita GDP remains relatively low, and the country's amount of infrastructure per capita is only 20-30 percent of that of developed countries. In 2023, China's urbanization rate, which measures the ratio of permanent urban residents relative to the total population, reached 66.2 percent by the end of 2023. Estimates show that each percentage point increase in the urbanization rate could drive 1 trillion yuan ( $137.55 billion ) in investment. Currently, both China's fiscal deficit ratio and government debt ratio are low, and the country's policy toolbox remains well-stocked. The potential also lies in elementary resources. China's human resources in science and technology ranked first in the country and the average length of education received by new entrants into the workforce has increased to 14 years, turning the demographic dividend into a talent dividend. In addition, overall sufficient social capitals, vast room for the highly efficient use of land and the vast unleashing of the potential of digital elements provide solid foundational support. This potential also comes from the huge market. The country's population of over 1.4 billion and middle-income population of over 400 million support a large-scale, diverse and huge domestic market. Accelerating the building of a unified national market will improve overall economic operation efficiency and continuously unleash the potential of domestic demand. Overall, China is a country with vast territory, a large population and unbalanced and uncoordinated development. This is a shortcoming, but also represents potential and a driving force for future development. Sparking vitality and building synergy through reform is essential to continuously unleashing development potential. From implementing regulations for fair competition reviews, accelerating the legislative process of the law on the promotion of the private economy and formulating normal communication mechanisms between governments and enterprises, to releasing a new national negative list for foreign investment and removing all market access restrictions for foreign investors in the manufacturing sector, China's reforms in key fields continue to deepen this year and high-level opening-up advances in an in-depth way. The third plenary session of the 20th Central Committee of the Communist Party of China adopted the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization. Driven by reform of the economic system, China is correspondingly boosting reform in other fields, and the internal development momentum and vitality will continue to strengthen. Reviewing allows a clear understanding of the situation and better moving forward. While some major economies experience low growth rates and high inflation this year, China is expected to achieve its economic growth target of around 5 percent, and continue to contribute around 30 percent to world economic growth. This stable performance underlines the fact that China's economy will continue to remain on a positive trajectory over the long run. The story was originally published on the front page of the People's Daily on December 8, 2024 View original content: https://www.prnewswire.com/news-releases/global-times-peoples-daily-article-says-favorable-conditions-for-chinas-economic-development-remain-unchanged-302325568.html SOURCE Global TimesEmerging Currencies Whipsaw Before US Holiday; Brazil Assets Diphappy777 。

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Game-changing holiday gifts for building fires, printing photos, watching birds and moreInitial reaction from U’s boss after tepid defeat at QPRMILWAUKEE — Giannis Antetokounmpo had 37 points, 11 assists and 10 rebounds for his second triple-double in his last four games, and the Milwaukee Bucks beat the Indiana Pacers 129-117 on Friday night. Antetokounmpo had 22 points, 15 rebounds and 12 assists Saturday in a 115-114 loss at Charlotte. Damian Lillard had 24 points and 12 assists for the Bucks. Gary Trent Jr. scored a season-high 18 points and Bobby Portis added 17. Pascal Siakam scored 25, Bennedict Mathurin 20 and Tyrese Haliburton 18 for the Pacers. Haliburton also had nine assists. The Bucks have won three straight and five of six. The Pacers have lost three straight and five of six. Milwaukee improved to 2-0 in NBA Cup action. Indiana, the tournament runner-up last season, is 0-2. Both are playing in East Group B. Takeaways Pacers: Indiana won eight of 11 meetings with the Bucks last season, including a 4-2 victory in a first-round playoff series. Friday's game showed how much things have changed so far this year for the Pacers, who are struggling to recapture the form they showed on their run to the 2024 Eastern Conference finals. Milwaukee Bucks' Gary Trent Jr. reacts after making a threepointer in the final seconds of the first half of an Emirates NBA cup tournament basketball game against the Indiana Pacers Friday, Nov. 22, 2024, in Milwaukee. Credit: AP/Morry Gash Bucks: Milwaukee coach Doc Rivers acknowledged before the game the Bucks would have extra motivation in their first meeting with the team that knocked them out of the playoffs last season. They sure played that way while never trailing all night. Key moment After trailing by 20 with less than 10 minutes left, Indiana got the deficit down to 108-102 with 5:52 remaining. Antetokounmpo found Trent for a 3-pointer with 5:33 left. Antetokounmpo then blocked a shot from Mathurin to start a fast break, with Trent laying the ball off the glass to set Antetokounmpo up for a dunk. Key stats The Bucks shot 17 of 36 from 3-point range. Up next The Pacers host the Washington Wizards on Sunday. The Bucks host Charlotte on Saturday.

Saudi Arabia shares higher at close of trade; Tadawul All Share up 0.20%Laval lines up against high-powered Laurier side Saturday in Vanier CupTaurus – (20th April to 20th May) Daily Horoscope Prediction says, have a great day packed with fun Deep love and professional success are the highlights of the day. Ensure you show no hesitation to pick up new tasks. Both health & health are normal. Ensure your love life is intact. At the office, there will be opportunities to prove your mettle. Financially you’ll be strong but health demands special attention. Taurus Love Horoscope Today Continue the commitment in the relationship and this will help you overcome the major hurdles in the form of egos. Spar time for the lover. However, while you sit together, avoid unpleasant conversations. Today, your partner may be adamant and this may create a minor ruckus. There can be monetary disputes between couples and it is your responsibility to settle them amicably. Married couples should think about family expansion. Single natives can confidently approach the crust to express their feelings. Taurus Career Horoscope Today Ensure you take up new tasks that will also add value to the profile. Scientists, doctors, professors, authors, and automobile engineers will have a good day however bankers and accountants need to be a little careful in the first half of the day. You may also appear for job interviews with confidence as you may be hired on a good package. Some male natives will be victims of office gossip and be careful while dealing with subordinates of the opposite gender. Taurus Money Horoscope Today The inflow might be good enough to repay loans and debts. You may also purchase essentials or repair the home. However, buying jewelry is not a good option. Those who want to try their luck in the stock market can go ahead with the idea. Businessmen will be happy to see good returns. Launch new ventures in foreign countries and you’ll get good returns. Invest in shares or stocks with confidence. Taurus Health Horoscope Today Handle health issues carefully. There will be some troubles associated with diabetes or high blood pressure. However, you don’t need to panic as this will be resolved in a short time. There can also be problems related to sleeplessness and breathing issues today. Pregnant girls must take care while taking part in adventure sports. Taurus Sign Attributes Strength - Passionate, Practical, Meticulous, Patient, Artsy, Compassionate Weakness Intolerant, Reliant, stubborn Symbol Bull Element Earth Body Part Neck & Throat Sign Ruler Venus Lucky Day Friday Lucky Color Pink Lucky Number 6 Lucky Stone Opal Taurus Sign Compatibility Chart Natural affinity: Cancer, Virgo, Capricorn, Pisces Good compatibility: Taurus, Scorpio Fair compatibility: Aries, Gemini, Libra, Sagittarius Less compatibility: Leo, Aquarius By: Dr. J. N. Pandey Vedic Astrology & Vastu Expert Website: www.astrologerjnpandey.com E-mail: djnpandey@gmail.com Phone: 91-9811107060 (WhatsApp Only)Four members of Congress unveiled a bipartisan bill Friday that would spark changes at the U.S. Center for SafeSport, placing a time limit on resolving cases that can sometimes take years and improving communication between the center and abuse survivors. The Safer Sports for Athletes Act looks to address some of the bigger concerns that have opened the center to criticism since it was established in 2017 to handle sex-abuse cases in Olympic sports and their grassroots cousins. The bill has potential for a fivefold increase of an existing grant to the center, bringing it to $10 million a year. But even if the full amount were approved, it wouldn't solve all of the problems. As before, that grant can only be used for training and education , not investigations and enforcement, which are the focus of complaints about the center , and also of the reforms the lawmakers are seeking. “We’re hoping the combination of appropriations for other activities will free up money for investigations, as well as the streamlining,” said one of the bill's sponsors, Rep. Deborah Ross, D-North Carolina. The center estimates the reforms in the bill could cost more than $4.5 million. It currently operates on a budget of around $21 million a year, most of which comes from the U.S. Olympic and Paralympic Committee and its sports affiliates, known as national governing bodies, or NGBs. “It's really unclear, and I don't think that some parts of the bill jibe with other parts of the bill," SafeSport CEO Ju'Riese Colon said. "We're going to need some more conversation to suss out some of this stuff. Right now, it just doesn't really add up for us.” The center's critics, meanwhile, have long been skeptical about giving more resources to an agency they feel is missing the mark. The bill would also mandate that investigations be concluded within 180 days after a report is made, with possibilities to extend them. Some of the most egregious complaints about the center have come from people who say it has taken years for their cases to be resolved. The center currently receives about 155 reports a week, which comes to more than 8,000 a year. When fully staffed, it has 77 people on its response and resolution team. “Too many other survivors have also been left waiting for years for SafeSport to investigate or have their cases closed without action,” said soccer player Mana Shim, who helped lawmakers draft the bill. Shim's own case, involving sexual harassment and coercion by her coach, took more than two years for the center to resolve and led to investigations and reforms across American soccer. Other reforms include a requirement for the center to provide victim advocates at no cost for those needing them — a move already underway as part of a menu of changes the center announced earlier this year — and to assign case managers who can give timely updates to victims and the accused. “I have questions around, if the center were to hire and staff the advocates, there might be some conflict of interest with us doing this internally," Colon said. The center was also concerned with one provision that would redefine how arbitration works and another that would change the dynamics of information sharing between the center and the USOPC and NGBs. The other bill sponsors were Reps. Dave Joyce, R-Ohio; Don Bacon, R-Nebraska; and Kathy Castor, D-Florida. The lawmakers positioned the bill as one that will help the Denver-based center, while making clear they are not satisfied with the results so far. “We're going to make sure the center has the resources it needs to effectively respond to thousands of reports it handles annually,” Castor said. “It has unfortunately fallen short." Ross conceded this bill will probably get pushed to the next Congress, which convenes Jan. 3, “but we needed to set the stage as soon as possible.” ___ AP Summer Olympics: https://apnews.com/hub/2024-paris-olympic-games Eddie Pells, The Associated Press

Game-changing holiday gifts for building fires, printing photos, watching birds and moreThe UN General Assembly on Wednesday overwhelmingly adopted a resolution calling for an immediate and unconditional ceasefire in Gaza, a symbolic gesture rejected by the United States and Israel. The resolution -- adopted by a vote of 158-9, with 13 abstentions -- urges "an immediate, unconditional and permanent ceasefire," and "the immediate and unconditional release of all hostages" -- wording similar to a text vetoed by Washington in the Security Council last month. At that time, Washington used its veto power on the Council -- as it has before -- to protect its ally Israel, which has been at war with Hamas in the Gaza Strip since the Palestinian militant group's October 7, 2023 attack on Israel. It has insisted on the idea of making a ceasefire conditional on the release of all hostages in Gaza, saying otherwise that Hamas has no incentive to free those in captivity. Deputy US Ambassador Robert Wood repeated that position Wednesday, saying it would be "shameful and wrong" to adopt the text. Ahead of the vote, Israel's UN envoy Danny Danon said: "The resolutions before the assembly today are beyond logic. (...) The vote today is not a vote for compassion. It is a vote for complicity." The General Assembly often finds itself taking up measures that cannot get through the Security Council, which has been largely paralyzed on hot-button issues such as Gaza and Ukraine due to internal politics, and this time is no different. The resolution, which is non-binding, demands "immediate access" to widespread humanitarian aid for the citizens of Gaza, especially in the besieged north of the territory. Dozens of representatives of UN member states addressed the Assembly before the vote to offer their support to the Palestinians. "Gaza doesn't exist anymore. It is destroyed," said Slovenia's UN envoy Samuel Zbogar. "History is the harshest critic of inaction." That criticism was echoed by Algeria's deputy UN ambassador Nacim Gaouaoui, who said: "The price of silence and failure in the face of the Palestinian tragedy is a very heavy price, and it will be heavier tomorrow." Hamas's October 2023 attack on southern Israel resulted in the deaths of 1,208 people, mostly civilians, according to an AFP tally based on official figures. That count includes hostages who died or were killed while being held in Gaza. Militants abducted 251 hostages, 96 of whom remain in Gaza, including 34 the Israeli military says are dead. Israel's retaliatory offensive in Gaza has killed at least 44,805 people, a majority of them civilians, according to data from the Hamas-run health ministry that is considered reliable by the United Nations. "Gaza today is the bleeding heart of Palestine," Palestinian UN Ambassador Riyad Mansour said last week during the first day of debate in the Assembly's special session on the issue. "The images of our children burning in tents, with no food in their bellies and no hopes and no horizon for the future, and after having endured pain and loss for more than a year, should haunt the conscience of the world and prompt action to end this nightmare," he said, calling for an end to the "impunity." The Gaza resolution calls on UN Secretary-General Antonio Guterres to present "proposals on how the United Nations could help to advance accountability" by using existing mechanisms or creating new ones based on past experience. The Assembly, for example, created an international mechanism to gather evidence of crimes committed in Syria starting from the outbreak of civil war in 2011. A second resolution calling on Israel to respect the mandate of the UN agency supporting Palestinian refugees (UNRWA) and allow it to continue its operations was passed Wednesday by a vote of 159-9 with 11 abstentions. Israel has voted to ban the organization starting January 28, after accusing some UNRWA employees of taking part in Hamas's devastating attack. abd/sst/jgc

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Hegseth meets with moderate Sen. Collins as he lobbies for key votes in the Senate