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This is the Beijing Hour.
Examining the events that impact and shape China and the rest of the world.
This is the Beijing Hour, one hour of news and information brought to you every weekday.
Now here's your host. Tianlu with you on this Tuesday, July 8th, 2025.
You're listening to the Beijing Hour, coming to you live from the Chinese capital.
on today's program.
Chinese Premier Li Cheng says China is ready to work with the international community to get the world economy back on track.
U .S. President Donald Trump extends the pause on tariffs to August 1st while announcing new levies on 14 countries.
And the U .S. President voices confidence that Hamas will agree to a truce with Israel.
In business, China injects 570 million yuan to fuel the summer tourism boom.
In sports, the Wimbledon Roundup.
In culture and entertainment, animated video series tell stories of an ancient Chinese civilization.
Now checking today's top stories.
Chinese Premier Li Cheng says China stands ready to work with the international community to get the world economy back on track at an early date.
Premier Li met with World Trade Organization Director General Ngozi Ukonjo -Iweala on the sidelines of the 17th BRIC summit in Rio de Janeiro.
He said global trade has undergone significant changes with rising unilateralism and protectionism.
Against this backdrop, the Chinese premier said the international community has a stronger call for safeguarding the multilateral trading system.
Premier Li also said China has abundant resources and means to counter adverse external impacts and is capable of promoting a steady and healthy economic development.
BRICS countries have sharply criticized U .S. President Donald Trump's threat to impose an additional 10 % tariff on any country aligning with the bloc.
Joe Richards reports from Rio de Janeiro.
The final day of the BRICS summit in Rio de Janeiro was overshadowed by U .S. President Donald Trump's threat to add 10 % tariffs on any country that aligns itself with what he called anti -American policies of BRICS.
This brought immediate response from many countries here at BRICS.
China's foreign ministry said trade and tariff wars have no winners.
From Russia, Kremlin spokesperson said BRICS work for common goals are not against other countries.
And from host Brazil, President Luis Ignacio Lula da Silva.
If Trump issues tariffs other countries have the right to do the same.
There is the reciprocity law.
I think It's not responsible for a president from a country like the U .S. to threaten the world with tariffs on social media.
The two -day BRICS summit ended on Monday with discussions focusing on climate change, one of the key issues for hosts Brazil.
In November, Brazil also hosts the COP30, the United Nations Climate Change Summit.
Here in Rio de Janeiro, countries discussed a finance mechanism for tropical rainforest conservation.
Today, denial and unilateralism are eroding past achievements and sabotaging our future.
Global warming is happening at a faster pace than previously predicted.
Tropical forests are being pushed toward their tipping point.
The global south is in a position to lead a new development paradigm without repeating the mistakes of the past. We will not be mere suppliers of raw materials.
This was the first BRICS summit with the expanded format of 11 members along with 10 partners and observer nations.
It now accounts for 50 % of the world's population and around 40 % of the world's GDP.
Global governance was also a key aspect of discussions here with BRICS calling for the United Nations Security Council to be modernized.
They propose permanent representation from Latin America, Africa and Asia.
The joint statement also called for a permanent and unconditional ceasefire in Gaza.
That was Joe Richards in Brazil.
The foreign ministers of the Association of Southeast Asian Nations will meet in Kuala Lumpur this week.
Their counterparts from dialogue partner countries such as China, the US and Russia will also participate.
The meeting comes at a crucial time of challenges, including newly announced US tariffs on six ASEAN members and regional tensions.
Ryan Mouser has more from the Malaysian capital.
I'm here at the Kuala Lumpur Convention Centre in the shadow of the Twin Towers, the venue for this week's ASEAN foreign ministers' gathering and related meetings.
Now, aside from all the ASEAN foreign ministers barring Myanmar's, China's foreign minister Wang Yi, the US Secretary of State Marco Rubio, and Russia's foreign minister Sergei Lavrov are also expected to attend these talks.
Now, from my experience at these gatherings, Wang Yi will seek to hold one -on -one talks with his U .S. and Russian counterparts, as well as holding other bilateral talks as well.
These meetings take place amid worries over looming U .S. tariffs and simmering regional geopolitical tensions, the bloody civil strife in Myanmar, and the border dispute between Cambodia and Thailand that has indirectly resulted in Thailand's courts suspending the country's prime minister.
Later in the week, the East Asia Summit meeting will bring together ASEAN ministers as well as those from East Asia, Australasia, India, the US and Russia.
Some of these platforms tend to be quote -unquote hijacked by certain great powers and the narrative of those forums sometimes tend to be a bit one -sided or lopsided.
The East Asia Summit, which is basically convened by ASEAN, tends to be a more neutral ground.
That gives dialogue partners the opportunity to very candidly share their opinions.
Later this week is the still bigger ASEAN Regional Forum, which focuses on security and political issues and avoiding conflict in the Asia -Pacific.
It's a rare forum in which both South Korea and the DPRK take part.
Given the threat of monstrous US tariffs hanging over many of the ASEAN countries, regional geopolitical tensions, the continuing conflicts in the Middle East and Ukraine, and the presence of all the major powers, it's likely to be an intense week here in the Malaysian capital.
That was Ryan Malza reporting.
Coming up, U .S. President Donald Trump extends the pause on tariffs until August 1st while announcing new levies on 14 countries.
TikTok is building a new version of its app just for the American market.
Could this mark the end of its long -running standoff with the U .S. government?
Washington says a deal with Beijing is nearly done, but Beijing isn't exactly on the same page.
Is this really just a business move or a high -stakes political gamble?
What's the likely endgame, and what could it mean for the future of global tech?
Don't miss this week's chat lounge, wherever you get your podcasts, and on CGTN Radio.
now it's seven minutes past the hour u .s president donald trump will extend the pause on the so -called reciprocal tariffs from wednesday to august 1st he announced the tariffs ranging from 25 to 40 on 14 countries including japan south korea and indonesia starting next month tony waterman has more from Washington, D .C.
President Trump posted those 14 letters that he sent out to U .S. trade partners on his social media platform.
This is the first batch that was mostly aimed at Asian nations, and there was really a rhythm to the language that was used in all of these letters.
Not only did it inform these countries of their tariff rate, the president also said that there'll be higher rates on anything that is trans shipped.
So an item originating from another country, but then passing through a secondary country in an attempt to avoid U .S. tariffs.
The president also left the door open to raising these tariffs even higher because he said that at the current rates, they are not enough to close the trade deficit.
And this was part of the reason why he imposed these tariffs to begin with.
He also said that if companies wanted to avoid paying these levies, that they should build their factories in the United States, and that if they decided to do so, that his administration would do everything possible to expedite the approval process, saying they could get it done in a matter of weeks.
The U .S. in these letters also said that it would perhaps consider adjusting the rates if the countries opened their markets to U .S. companies and eliminated trade barriers for U .S. firms. So So there is a healthy dose of threats in all of these letters.
Another thing the president mentioned was that if any of these countries try to retaliate to impose their own tariffs on U .S. goods coming into their countries, then he will raise these tariff rates by an equal amount.
Seems as if there might be some trade negotiations that can still take place, some wiggle room, because this date has now been pushed from July 9th.
The president signed an executive order pushing it back to August 1st, so that gives about three weeks.
And the president said he was pretty firm when it came to those tariff rates that were sent out to these trading partners, that he would listen if they had some ideas, but that he was very firm in what those rates were going to be.
So it seems as if he is playing both sides of the fence here, saying that these rates have been pushed back, that they're going to be having these discussions, but also saying that he may not actually adjust things all that much. That was Tony Alterman reporting.
The European Commission is still in talks with the US to reach a trade agreement before Wednesday's tariff deadline.
US President Donald Trump has warned that failure to strike a deal by then could result in duties of 50 % on European imports.
William Densler reports from Brussels.
The European Commission says President President Ursula von der Leyen had a good exchange with U .S. President Donald Trump over the phone on Sunday.
This comes as the two sides continue to work towards reaching a deal ahead of a trade deadline set by Washington back in April.
Trump has previously claimed the European Union treats the U .S. very unfairly and is difficult to work with.
The EU and U .S. share the world's largest trade relationship, accounting for 43 percent of global GDP.
According to EU figures, the trade surplus with the US stood at roughly $58 billion last year.
But commission officials say it's a relationship that has delivered fantastic results on both sides of the Atlantic.
The EU hasn't revealed details of the ongoing negotiations.
But officials say efforts are ongoing to strike a deal with a win -win outcome.
We're fully geared up to get an agreement in principle by Wednesday, and we're firing on all cylinders to that effect.
Over the weekend, US Treasury Secretary Scott Besant said negotiations with the EU are making progress, but warned that should no deal be reached, the new tariff rate would take effect August 1st. Washington has threatened to increase tariffs on European goods to 50%, from the current 10 % benchmark that's been in place for the last several months.
In addition, the US has imposed a 50 % duty on steel and aluminium, as well as a 25 % tariff on European cars.
Should no deal be reached, the EU could hit Washington with retaliatory tariffs on goods worth more than $100 billion.
But officials say they favour a negotiated solution.
Speaking to the press on Monday, a Commission spokesperson described negotiations as the beginning of the endgame, as technical talks continue in a bid to get a deal done.
That was William Denslow in Brussels.
US President Donald Trump says his country is close to a trade deal with India.
It came after Trump described India as a big abuser of tariffs.
Ravinda Bawa has more from Delhi.
Well, the optimism with which the trade talks began between the two nations does not seem to continue at the moment because there is a roadblock which the two sides have reached.
There have been several rounds of negotiations where Indian contingent has travelled to US and similarly the US team of officials have travelled to India to continue their meetings and to thrash out the trade deal.
But it looks like it is at a stalemate situation, especially now with U .S. wanting more access into the dairy and the agriculture sector, which are very sensitive sectors when it is, you know, as far as the political importance of these sectors are concerned, because for the government, it is very important to also keep the farmers happy and also the dairy sector happy.
happy. That is the reason that India is now pushing back, not trying to give so much access as the US wants, especially with the genetically modified products like maize and soybean.
Already, India produces enough soybean for its consumption.
So now to import that soybean is something major opposition is happening as far as the soybean manufacturers, as well as the growers are concerned so that has reached a roadblock as far as the two countries are concerned president trump had said that from 9th will be the deadline but now looks like first august but definitely there is a negotiation like it's still open but as far as giving way to u .s in terms of entering these sectors seems a little difficult as far as india is concerned also for political and financial reasons so we'll have to wait and watch just to see what really happens What happens
after this? But surely at the moment, there is a roadblock, there is a stalemate as far as the talks and, you know, thrashing out a trade deal is concerned.
Now with Ravinda Bawa reporting.
Major corporations in Vietnam have welcomed the new trade agreement between the country and the U .S., which followed tough negotiations.
But small businesses and scholars are warning of potential risks.
Fuxing Rui has more from Hanoi.
Le Van Tze is a reputable international trade, merger and acquisition law practitioner in Vietnam.
As the former legal consultant to Vingroup, the largest enterprise in Vietnam, he provides services to several similar companies.
He says the rise in tariff rates would influence production efficiency, and most major companies have given him positive feedback on the agreement.
agreement. If you see this as negative, with transparent tax rates and consistent standards, businesses can focus on improving quality and efficiency.
Stability benefits long -term production.
On the other hand, Huang Yingwei, a small garment business owner, had expected 5 -10 % less than the current 20%, which creates an obstacle for his business.
Along with his peers, he would have to wait for the agreement between the U .S. and other competitors such as India, Thailand, Malaysia and the Philippines to finalize the strategy.
As the agreement plans to lower the importation tax from the U .S. to zero, there would be a drastic impact on Vietnam's domestic market.
It might be good news for local consumers, but small and medium enterprises are hardly prepared for the competition.
How can we compete with American goods at affordable prices?
If we lose our domestic market, there will be job losses, businesses will go bankrupt, the social impact could be severe.
The trouble doesn't stop there.
Huang has been buying materials from China to manufacture his product.
And if these materials are defined as transship products, a 40 % tax rate will apply.
But where is the line to be drawn between locally made and trans -stripped products in the globalized era?
Even the slightest difference in the standard could pose significant difficulties for Huang's business.
I believe my business, as well as all similar businesses in Vietnam, is greatly affected.
We are now very confused and waiting for the final policy.
see what percentage counts as made in Vietnam and what percentage as transshipping.
We are waiting for the conclusion." Scholars in Vietnam also noticed a problem.
The negotiation appears to place the US and Vietnam in the same position, but Vietnam is significantly less developed than the US.
Seemingly equal conditions could mean substantial inequality.
inequality. Vietnamese enterprises are particularly fragile, especially since most of them are small and medium -sized enterprises, which account for 97 % of the total.
The U .S. should consider this and make special arrangements to lower the actual tax rate.
The tariff agreement between the U .S. and Vietnam triggered different reactions between large enterprises and small companies, and that might lead to further fragmentation of Vietnam's economy.
Now, what's Fuxing reporting?
Coming up, the U .S. president voices confidence that Hamas will agree to a truce with Israel.
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It's 18 minutes past the hour.
US President Donald Trump has voiced confidence that Hamas will agree to a truce with Israel.
It came after his meeting with Israeli Prime Minister Benjamin Netanyahu.
Israel has continued its strikes on Gaza, killing more more people, including families, in refugee camps.
Rami Almagari has more from Gaza City.
Israeli aircraft and drones had carried out a series of airstrikes and bombardments in many parts of the Gaza Strip, including Gaza City, where we are doing the live now, and different locations, and the Rimal neighborhood in the heart of the Gaza City, especially near the Ministry of Health in Gaza, were six people, were killed six people of same family member, were killed.
This strike was similar in two refugee camps in central Gaza Strip, where Israeli aircraft hit two homes in both Al -Buraj and Nusayrash refugee camps in central Gaza Strip, where at least 10 family members were killed in both strikes.
In the southern Gaza Strip, mainly in Rafah City, there were reported sex people were killed by Israeli army fire near a site for distributing the aid supplies provided by the Gaza Humanitarian Foundation, which is a U .S. NGO backed by the Israeli army, me as well as the injury of many others who are seeking food supplies in this site and another site in central Gaza strip Nasserin corridor this is a repetitive situation over the past two months almost where at least 500 people were killed seeking aid at those sites and the international organizations and United Nations have called on this organization to
stop working as United United Nations has described the work of this organization as a death trap.
Yes, the situation comes against the backdrop of renewed talks over ceasefire between Israel and Hamas, mediated by United States, Egypt and Qatar, and the people here in Gaza amidst this intensive situation of escalation on the ground by the Israeli army, hope that that there will be a breakthrough that would relieve them finally after they have been exhausted by deaths, starvation and hunger over those three months since the ceasefire broke out on March 18th.
Now with Rami al -Magari reporting.
In direct, the ceasefire talks between Israel and Hamas continue in Qatar with U .S. President Donald Trump hoping a deal can be reached this week.
Media reports say the first session ended without a deal on Monday.
Jonathan Regev has details.
It seems a few more days will be needed in order to finalize the deal, but things are moving forward. We're hearing that the differences between the two sides are not as big as to derail the whole process, so it should be finalized within the coming days.
ways. Iran, which was mentioned in the comments by the prime minister, is also on the table.
The United States is hoping to return to nuclear negotiations with Iran.
And Israel wants to make sure that even if the negotiations take place and Iran comes back to the negotiating table, the United States will still pose a firm stance in those agreements.
We're also hearing there could be an expansion of the Abraham Accords, other countries joining.
Maybe Syria will begin some kind of a normalization process with Israel.
All of these will top the agenda.
First and foremost, though, Gaza, as the president, hopes to see a ceasefire and a return of hostages in the coming days.
Now, as Jonathan Rege reporting, hopes are fading for finding survivors after deadly flash floods devastated parts of Texas.
A torrential downpour before dawn on Friday caused a river to burst its banks.
Authorities say at least 104 people have died and the number is likely to rise as dozens of others are still missing.
Nita Soledad, Paris, has more.
It's day four along the Guadalupe River.
Hundreds of search and rescue teams are working their way along the banks looking for any signs of life.
If they find a personal belonging or a piece of clothing, they carefully set it aside, and that's when officials and cadaver dogs move in to take over.
The scope of the search is massive.
We're talking about a 100 kilometer area that needs to be come through.
The numbers tell the story.
Dozens dead, dozens still missing.
But for every heartbreaking loss, there are also incredible stories of survival.
More than 800 people have been rescued or evacuated since this disaster began.
Others are still looking for friends and loved ones.
We are still actively looking for our friend who is missing, but we've got his name on a lot of lists.
And we've been going around all the ERs and hospitals and Red Cross to get his name out there.
He's late 50s. His name's Bill Houston.
So he was at the campground just down here where you can kind of see him pulling stuff out.
He was camping in a trailer that we found.
The trailer was wrapped around a tree the other day and just discovered his car yesterday and confirmed that.
His belongings are starting to wash up today, so my parents are going to go collect that.
But we haven't heard anything from him.
We heard from someone on Facebook that was camping over there with him and saw him alive in a tree, clinging on around 4 .30 or 5 a .m. the day of the floods, and we haven't heard anything since then.
it's day four. Do you think your friend will be found alive at this point?
No, we're, we're starting to prep for that.
Um, it's my dad's coworker.
It's one of his best friends.
So we're just holding a lot of room for that and still looking, but it's, it's hard to maintain hope right now.
This community is still in crisis mode.
Several million people in central Texas are under flood watches this Monday.
The area is without power and critical infrastructure has has been damaged to a point that authorities cannot provide an estimate on when the lights will come back on.
But people here are not waiting for help.
They're helping each other.
That was Nita Soledad Perez reporting in Kerrville, Texas.
U .S. federal agents have shot and killed a gunman after he opened fire at a border patrol facility in Texas.
The suspect, a 27 -year -old, unleashed dozens of rounds using an assault rifle before agents returned fire.
Local police chief Victor Rodriguez said one officer was injured in Monday's attack.
Rodriguez also said the FBI is leading an investigation into the motive.
The shooting has raised security concerns as the scene is in close proximity to a busy airport.
Frustration is growing among displaced residents six months after the wildfires that devastated stated, Los Angeles broke out.
The promises of a fast -track rebuilding and recovery have stalled.
The city has managed to reconstruct only six of close to 18 ,000 establishments due to red -tape insurance disputes and unclear regulations.
It is Jensen Hezmall.
Six months ago, wind -driven flames tore through neighborhoods across Los Angeles County, destroying nearly 18 ,000 homes and businesses, the most destructive fires in the city's history.
Today, entire streets remain eerily silent as thousands of residents are still displaced.
It's frustrating. It's stressful.
There's a lot of fights with the insurance companies to try insurance companies because most of us have State Farm to try to get reimbursed for the costs we're incurring.
David Keyes works works in debris removal, which he says has made steady progress over six months given the scale of the destruction, but it's still far from full reconstruction.
I don't know how wise it is to start building so quickly because the city hasn't even figured out how they're going to run power and water and they need to replace everything.
They need to upgrade everything.
So if you're going to start building early, you might be creating complications for yourself in how your home is going to be served by water, power and sewer.
According to city records, about 75 % of demolished lots have been cleared and certified for rebuilding, but only six structures are fully completed.
Construction time, as I'm hearing, could be a year, year and a half.
So I think you're going to see six months from now framing.
You're going to see concrete floors, foundations.
You're going to see the community coming around.
But insurance companies remain locked in disputes with thousands of policyholders, while homeowners say they face a maze of permitting delays and inconsistent regulations.
The historic fires in Los Angeles came quite abruptly and burned through this neighborhood just overnight, but its recovery is now excruciatingly slow.
I'm standing in a neighborhood that was devastated six months ago, and yet rebuilt homes here are still the rarity and not the norm.
What was built as a fast -track recovery has only become a drawn -out waiting game.
In fact, some residents say for them the real disaster began after the fire in the maze of bureaucracy and delays.
Six months on, thousands remain in limbo.
And with California's next wildfire season already around the corner, many here fear that rebuilding could take years.
Now it is Tianseng in Los Angeles.
It's 29 minutes past 8 hour checking the forecast for the day.
Beijing is down to 25 on Tuesday evening.
Wednesday we'll see thunder showers with a high of 32.
Nanchang is 28 tonight, then thunder showers and 35.
In Zhejiang, Wenzhou is 25 tonight, then torrential rain and 29.
In Sichuan, Ya 'an city is 22 tonight, then showers and 32.
In Fujian, Ningde city is 26 tonight, night, then tomorrow we'll have heavy rainstorms with a high of 29.
In Shenzhen, Jilong County, seven tonight, tomorrow cloudy with a high of 21.
Elsewhere in Asia, Islamabad is 24 this evening, Wednesday we'll see moderate rain with a high of 30 degrees Celsius.
Now it's time for a short break.
So far in this hour, Chinese Premier Li Cheng says China is ready to work with the international community to get the world economy back on track.
US President Donald Trump extends the pause on tariffs to August 1st while announcing new levies on 14 countries.
Tianlu with you still here on the Beijing Hour.
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Examining the events that impact and shape China and the rest of the world.
This is the Beijing Hour, one hour of news and information brought to you every weekday.
Now, here's your host. Tianlu with you on this Tuesday.
Still to come. In business, China injects 570 million yuan to fuel the summer tourism boom.
In sports, the Wimbledon roundup.
In culture and entertainment, animated video series tell stories of an ancient Chinese civilization.
To contact us, you can email radio at cgtn .com or follow our ex -account at CGTN Radio.
But first, check in today's headline news.
Chinese President Xi Jinping has paid tribute to the martyrs who died during a major campaign in the Chinese People's War of Resistance against the Japanese aggression.
He laid a floral basket for the martyrs at the monument honoring the fallen heroes in Shanxi province where he was on an inspection tour.
President Xi also visited the Memorial Hall commemorating the major campaign.
The 100 regiment campaign in August 1940 lasted over five months.
It was the largest and longest strategic offensive launched by the CPC -led Eighth Route Army in North China during the war.
President Xi also called on young students to strive to become the backbone of the nation, building a strong country and contribute to world peace.
the past experience is the guide for the future children should strive to become the backbone of the nation they must work hard to make our country prosperous and strong and contribute to world peace the hope is placed on you and the future belongs to you i hope you work hard strive for of excellence and become a dignified, honourable and proud Chinese.
President Xi also inspected a valve manufacturing company where he learned about the efforts to promote the transformation and upgrade of industries and high -quality development.
He inspected the company's production workshop and products display and spoke to workers at the site.
Australian Prime Minister Anthony Albanese will visit China from July 12 to 18.
The official visit comes at the invitation of Chinese Premier Li Qian.
Burke's countries have sharply criticized the U .S. President Donald Trump's threat to impose an additional 10 % tariff on any country aligning with the bloc.
Brazilian President Luiz Inácio Lula da Silva says it is irresponsible for the U .S. to threaten countries with tariffs and that other countries have the right to reciprocate.
It's not right for a president of a country the size of the United States to go around threatening the world on the internet.
Bricks is a new model.
It's not a closed group.
It's not a club of privileged nations.
It's a group of countries looking to create a different way to economically organize the world.
China is moving fastest in energy transition and is trying to become a low -carbon economy.
It should serve as an example for the G7 and many other wealthy South African President Cyril Ramaphosa also condemned the US president's threat, saying that BRICS does not seek to compete with any other power.
The United Nations is raising alarm over worsening conditions in the Gaza Strip, citing war, fuel shortages and a looming famine as the humanitarian crisis deepens.
According to UN spokesperson Stéphane Delarue, a new World Food Programme report finds that one in three people in Gaza has gone days without food.
He also noted that civilians are reportedly being killed while trying to access humanitarian aid.
We again clearly condemn the killing of all civilians.
The World Food Programme's deputy executive director, Karl Skau, visited Gaza City last week.
He described the situation as the worst he's ever seen, with people dying just trying to get food.
Meanwhile, for the fourth straight month now, the Israeli authorities have not allowed any fuel to enter Gaza.
Fuel is a lifeline in Gaza and Israeli authorities must allow this commodity to enter without any further delay.
The warning comes amid growing international pressure to end all hostilities in Gaza.
U .S. President Donald Trump has publicly stated his desire to see the conflict resolved swiftly.
analysts say his meeting with israeli prime minister benjamin eteanyahu this week could be conducive to a potential ceasefire coming up in business china injects 570 million yuan to fuel the summer tourism boom the beijing hour your window on china and the rest of the world now it's 36 minutes past the hour turning to business here's wang zihang thank you tin lu Stock markets on the Chinese mainland closed higher on Tuesday.
The Shanghai composite gained 0 .7 percent and the Shenzhen component was up nearly 1 .5 percent.
The photovoltaic equipment and consumer electronics shares led the gainers.
Elsewhere, the Hong Kong stock market also ended higher for this day.
The Hang Seng index increased over 1 percent.
In Japan, the Nikkei gained almost 0 .3%.
The Chinese Ministry of Culture and Tourism along with major cities and provinces have allocated more than 570 million yuan or around 80 million US dollars to boost consumption over the summer holiday period.
More than 4 ,300 major events and nearly 39 ,000 activities have been scheduled through August. Travel -related businesses are embracing the surge in tourist inflows.
Rooms for families and for two -bed are almost fully booked through the end of July.
The rooms are also five percent pricier amid the surging demand.
We are expecting a spike in footfalls for this weekend's football match. We believe the number of visitors will jump more than 120 percent from a year ago.
Shanghai is seeing a spike in hotel bookings for the first three weeks of July.
data from traveling platforms shows that booking numbers are up 40 % compared to last year in the northern mountainous region summer camping is thriving with gadget sellers entertainers and food vendors catering to adventurous travelers chinese central bank governor pang gong sheng has met with his brazilian counterpart roberto campos neto they highly affirm the positive progress made in bilateral cooperation in currency swap cross -border payment and development financing.
They agreed to continue to implement the cooperation documents already signed, including the Memorandum of Understanding on Financial Strategic Cooperation and the Bilateral Currency Swap Agreement to push forward financial cooperation.
China and Brazil have also established a Fund on Sustainable Development and Capacity Expansion cooperation to support projects that meet their common interests.
Now, as the 2026 FIFA World Cup draws closer, merchants in the world's largest small commodities wholesale market are seeing a surge in cross -border orders for sports equipment.
In East China's Yiwu international trade market, the sports equipment zones have seen a growing influx of foreign buyers, many gearing up for the upcoming World Cup.
International buyers frequently highlight the market's unmatched a variety of products.
We come the first time in this year and wish for the next year we come because EU is very...
more fabric and more seller and more goods for us and yes we are like every year we came here we try to find like new products different different type of of accessory, 10 ,000 football.
I think it's a great quantity for a start for the year.
Noticing a surge in food traffic in recent weeks, shop owners have fast -tracked new product development and revamped store layouts to spotlight their latest offerings, seizing the commercial opportunities of the upcoming sporting event.
Yiwu has more than 1 ,000 sports product suppliers, thanks to its fast and flexible supply chains, made -in -Yiwu products are getting ahead of competitors to profit from the World Cup business boom.
The local government in Yiwu had recognised over 3 ,700 foreign business people as talent by the end of July.
The group includes 37 classified as A -level foreign high -end talent and over 3 ,670 as B -level.
Known as the world's largest small commodities wholesale market, Yiwu has pioneered a novel contribution -based evaluation system for identifying foreign talent.
It considers such key factors as annual export volumes, job creation for local workers, and sustained contributions to the local economy.
economy. Conditions for qualifying as A -level talent include annual sales of over 50 million yuan or around 7 million US dollars.
B -level status can be achieved through either foreign exchange settlements surpassing $500 thousand annually or generating import export volumes above 10 million yuan.
South Africa is reaping the benefits as a BRICS member and one of the earliest signatories to the Belt and Road Initiative.
Construction on the country's first molten salt solar thermal power plant in the Northern Cape has finished.
Not only will it contribute to strengthening South Africa's energy supply, it has also been a boost to develop the sparsely populated region.
Julie Shire reports.
In South Africa's remote Northern Cape, a glimmering solar tower rises from the desert floor fed by over 400 ,000 mirrors.
It's not just eye -catching, it's doing something few power stations on the continent can.
salt, the mountain salt, to boil this one, the heat around to 550.
Then can use, generate this, the heat, translate it to the power.
The engineering marvel is taller than any building in South Africa and works day and night to produce electricity.
It's a 100 megawatt facility and because it's a thermal plant, it is actually has the particular benefit in the sense that it can run 24 -7, so we can take daylight, store it in molten salts and run at night as well.
So that's the beauty of what this project brings.
It's different to the normal solar PV projects and the benefit to the grid is of course clearly that we can run 24 -7 on the peaks, we can do as much as we can and it's fully renewable.
Redstone CSP was finally connected to the grid in May this year after being in the making for four years.
480 gigawatts of clean energy will be pumped from here annually to the national electricity grid, enough to power 200 ,000 households.
This one is very hard work for Power China and Cebu Three, the Chinese company.
Because this is the first project for Cebu Three in South Africa, we face many difficulties But we overcome this one and then we worked with the local community and the South African people.
We heard many local engineers and then finally we are already successful.
There are only two of these towers on the African continent.
Morocco is benefiting from a much larger project, part of China's Silk Road push to modernize the continent's infrastructure and energy systems. Being part of BRICS, being part of the Belt and Road Initiative that China drives, I think redstone is one of those fruits that says when you are in a partnership with somebody, even though they may be smaller, but we are posted from an equal basis point of view.
It's a relationship of mutual respect and in trying to achieve something that will contribute positively and sustainably.
Redstone is one of the biggest clean energy investments in South Africa, but the work doesn't end there.
CEPCO III has five more renewable projects on the go.
Although not as big as Redstone, it will accelerate the country's move towards clean energy and stabilize the grid, which battled shortages for close to 15 years.
That was Julie Shire reporting.
Chinese fund companies have issued the first batch of ten Scitech Innovation Bond ETFs onto the market.
ETFs are a basket of securities that traders could buy and redeem freely on an exchange with their shares being variable.
According to the fund companies, seven of the the 10 ETFs will raise funds only on Monday.
Two will raise funds until Friday and the remaining one will be on the market until July 18.
The upper limit of the fundraising scale of the 10 products is generally set at 3 billion yuan or around 480 million US dollars.
Industry insiders estimate that after the issuance of the 10 Scitech Innovation Bond ETFs, the total scale of bond ETFs on the Chinese market may exceed 400 billion yuan.
Industry data shows China's gaming industry reached new heights in 2024, with domestic revenue hitting 326 billion yuan, or about 45 .5 billion US dollars.
The figure represented a yearly increase of over 7 .5 percent.
According to a report by China's Gaming Publishing Committee, the gamer base also expanded to a record caught 674 million users, up nearly 1 % from the previous year.
The report also highlighted the continued growth of China's self -developed games in overseas markets, where revenue exceeded 100 billion yuan for the fifth consecutive year despite global challenges.
The United States remained the largest overseas market, accounting for over 30 % of the total revenue, followed by by Japan and South Korea.
Thank you very much. That was Wang Ziheng with Business.
Coming up in sports, the Wimbledon Roundup.
SideLine Story brings you all things sports related the hottest topics latest events juiciest stories all with a very personal take subscribe to SideLine Story podcast for heated sports discussions covering events that are happening in China and around the world that's 47 minutes past the hour turning to sports here's Yang Guang thank you Tianlu we begin with the latest From Wimbledon, China's Jiang Shui and Marcelo Arevalo of El Salvador have advanced to the mixed double semifinals after defeating Desiree Krovski and Neil Skubski in street sets.
Jiang says the win is especially emotional, given her history with the pair.
I'm thrilled to win this match, especially because three and four years ago, I was just two points away from reaching the final here.
But they came back to beat us.
Even at last year's French Open, we lost them in the quarter -finals on match point.
So beating the same opponent now makes the victory even more meaningful and exciting.
After both teams held serve through the first 11 games, Zhang and Arevalo broke with a love game to take the first set.
In the second, the Chinese -Servadorian duo broke early for a 4 -1 lead and never looked back.
They were next to face Joe Salisbury and Luisa Stefani for a spot in the final.
And the man's singles, Novak Djokovic, kept his Grand Slam dream alive at All England Club with a hard -fought win over Australia's Alex de Mino. The Serbian star advanced to the Wimbledon quarterfinals for the 16th time, but not without a challenge.
His path to a record -breaking 25th major title was anything but smooth.
With tennis legend Roger Federer watching from the royal box, Djokovic acknowledged the Swiss great's influence.
I mean, it was a very difficult encounter, a lot of challenging moments for me.
You know, sometimes I wish I had a serving volley and a nice touch from the gentleman that is standing right there.
That would help. But hey, I can't complain, you know, but I still have to run.
I have to run a lot and that's fine.
You know, it's part of my game.
Meanwhile, men's top seed Yannick Sinan also booked a spot in the quarterfinals, but under unfortunate circumstances.
Grigor Dimitrov was forced to retire from their fourth round match due to a right pectoral injury, despite leading two sets to none.
The Bulgarian collapsed after an ace unable to lift his serving arm and had to withdraw after a brief medical assessment.
A visibly affected center expressed sympathy.
I could feel that he prepared the match in a very good way and he executed it even better.
time after, you know, with the roof closed, you don't know what's happening.
I tried to stay there mentally.
I broke him back on 5 -4 and then he played, again, lights out tennis to break me back.
And, yeah, I think he's showing, you know, his potential.
It's very unfortunate, as I said, on court.
And, yeah, I wish him a speedy recovery.
Siena will now face American Ben Shelton in the next round.
And the world table tennis U .S. smash China's men's world number one Lin Shidong and women's second seed Wang Manyu have both advanced the round of 32.
Lin edged out Francis Thibault -Pourier in a four -game battle, while Wang cruised past Sweden's Cristina Kahlberg in straight games.
China saw mixed results in the men's singles.
Xiang Peng beat Portugal's Roel Gerardo 3 -1, but Lin Gaoyuan lost in five games to Spain's Alvaro Robles and Zhou Qihao fell in straight games to Nigeria's Quadri Aruna.
On the women's side, Wang Yidi swept Japan's Miyu Nagasaki and Xu Yi, narrowly defeating Shi Xunyao in an all -Chinese clash.
And finally, Tuesday marks the 30 -day countdown to the 12th World Games, set to take place in Chengdu.
Organizers have announced the opening ceremony will be held outdoors at the Tianfu International Convention Center in the southwestern city.
City. Deputy chief director of the ceremony, Huang Peilin, says the choice reflects the game's theme of simplicity.
We used an existing building for an opening ceremony in an open area.
Some of the spectators won't sit inside, but on the grassland outside to watch the ceremony.
I think that fits Chengdu's characteristic.
Construction of the convention centre began in June 2020 and was completed the following year.
The 90 -minute opening ceremony will feature a 15 -minute artistic performance with rehearsals already underway since June.
And before we go, quickly in football, China fell 3 -0 to host South Korea in their opening match at the East Asian Cup.
China showed signs of attacking intent after half -time, but finally conceded three goals during a 90 -minute game.
China will next face face Japan on Saturday.
Thank you very much. That was Yang Guang with sports.
Just ahead in culture and entertainment, animated video series tell stories of an ancient Chinese civilization.
of Antiquity and Modernity.
52 minutes past the hour.
Creators have launched a five -episode animated short series on China's 5 ,000 -year -old Liangzhu civilization to global audiences.
Each episode showcases a distinct artistic style, watercolour, coloured pencil, printmaking, ink painting and paper cutting.
The creators hand -drew the animation incorporating intricate details such as headgear and architecture to reflect the culture's distinctive charm.
UNESCO granted World Heritage status to the Liangzhu site in Zhejiang province in 2019, citing it as a clear evidence of a 5 ,000 -year -old Chinese civilization.
DNA tests may reveal how diverse farming communities merged to form one of the world's greatest ancient civilizations.
Yasir Hakim has more.
Scientists are always trying to uncover mysteries of ancient Egypt.
The latest breakthrough, a DNA bone test from a skeleton of a man, revealed he is from the south of Egypt, lived more than 4 ,600 years ago, probably a potter who died at about the age of 60.
But it also shows the man from the village of Nuerat has 20 % ancestry from Mesopotamia, that's 1 ,500 kilometers away in Iraq or Syria, raising more questions than answers.
When history and science merge, the results are amazing.
This research proves that there is nothing such as a pure race because there were many migrations throughout history, marriages, trade and economic ties that led to the mixing of races.
This doesn't contradict with historical findings.
But experts have warned not to jump to conclusions that would deviate from the origin of the ancient Egyptians.
There was the white washing of the Egyptians that they were ancient Egyptians.
They came from Europe.
And there was the black washing that they came from the sub -Saharan Africa.
And this all are not true and proved by science that not to be true, Especially here the DNA that showed that from this Neuairat man, 80 % was really actually from Egypt.
Experts have also agreed on the need for more tests on a wider scale before rewriting ancient history.
Issues like DNA degradation and contamination throughout the centuries could alter the skeleton state.
state. However, in this case, buried under ceramic tile has preserved the body of this Nuwayrat man, and helped unearth other valuable information.
We always thought that life expectancy in Ancient Egypt was an average of 35 to 40 years of age.
But this test showed the Nuwayrat man has lived from 44 to 60 years, which is much longer than we thought.
It opens the door about science, medicine, and a way of life of ancient Egyptians.
DNA bone tests are now considered a turning point in efforts to unearth more mysteries about the fascinating life of the ancient Egyptian civilization.
That was Yasser Hakim reporting.
Malus, the latest film from renowned Chinese filmmaker Chen Sicheng, made its simultaneous debut in China and the United States.
The story opens with the mysterious deaths of a young cancer patient and her nurse.
As a seasoned journalist investigates, the case spirals into a media frenzy, triggering online speculation and backlash.
Chen serves as executive producer and screenwriter.
One of China's most commercially successful directors, Chen is best known for directing the Detective Chinatown film series.
Now it's 56 minutes past 8.
I will check in the forecast before we go.
Beijing is down to 25 on Tuesday evening.
Wednesday will see thunder showers with a high of 32.
Nanchang is 28 tonight, then thunder showers and 35.
In Zhejiang, Wenzhou is 25 tonight, then torrential rain with a high of 29 degrees Celsius.
In Sichuan, Ya 'an city is 22 tonight, then showers and 32.
In Fujian, Ningde city is 26 tonight.
Tomorrow will have heavy rainstorms with a high of 29.
In Shizang, Jilong County, it's 7 tonight, then cloudy and 21.
Elsewhere in Asia, Islamabad is 24 this evening.
Wednesday will have moderate rain with a high of 30.
Bian Tian is 25 overnight, then moderate rain and 32.
Phnom Penh is 26 overnight, then slight rain and 33.
In Africa, Nairobi will have slight rain with a high of 21.
On Wednesday, Kampala is 20 overnight.
Tomorrow will see moderate rain with a high of 24.
Zhubai is 20 tonight, then slight rain and 29.
Finally, Toshianya Port Villa is 23.
This evening, tomorrow will be overcast with a high of 28.
APA will have slight rain on Wednesday with a high of 28 degrees Celsius.
That's it for this edition of the Beijing Hour Making News today.
Chinese Premier Li Qian says China is ready to work with the international community to get the world economy back on track.
On behalf of the staff, this is Tianlu in the Chinese capital, hoping you'll join us for the next edition of the Beijing Hour and open the window to the world together.
Find The Beijing Hour at precisely 6 p .m. Beijing time.
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The Beijing Hour, your window on China and the rest of the world.
He can't live without the Yellow River in his eyes.
The Yellow River is so noble and elegant.
Both my grandpa and dad made a living from the river.
Would you like to move away from the Yellow River?
I don't think I will.
I love it so much. The Yellow River, the second longest river in China, is regarded as a shaping force in the history, economy and culture of Northern China.
Today, about 100 million people live within its water basin, making up nearly 9 % of the country's population.
How is climate change felt at its headwaters?
And what are the locals doing to cope with it?
What are the descendants of the boatmen doing?
What has kept some people from leaving their home village by the river?
And what has drawn others back?
Could the fading fishing community revive in a time of digital transformation?
From 2021 to 2024, our reporters visited the upper, middle and lower reaches of the Yellow River, talked to the herders, farmers, boatmen, fishermen and eco -activists who share a close bond with the river, and present their stories in pictures, podcasts and videos.
or in our 12 -part series, The Yellow River Mosaic, available only on CGTN Radio.