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The Beijing Hour
South-to-North Water Diversion Project plays important role in China's water allocation: officials
Dec 12, 2024
Tian Xuan, Chair of the National Institute of Financial Research at Tsinghua University, discusses the South-to-North Water Diversion Project's vital role in China's water allocation. He emphasizes its success in replenishing groundwater and improving river health. The talk also covers China's current economic challenges, including low domestic demand and the push for public welfare sectors. Tian highlights the urgency of water management while addressing the ongoing political turmoil in South Korea and its international implications.
59:45
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- The South-to-North Water Diversion Project has significantly enhanced China's water resource allocation, benefitting over 185 million people and restoring ecosystems.
- South Korea's opposition parties are determinedly pursuing a second impeachment motion against President Yoon Suk-yeol, fueled by public support and rising political tensions.
Deep dives
China's Economic Agenda for 2025
Chinese leaders recently convened the annual Central Economic Work Conference to outline the nation's economic agenda for 2025. The discussions highlighted a recovering economy characterized by significant progress in high-quality development, while acknowledging persisting challenges such as insufficient domestic demand and sluggish investment in infrastructure. President Xi Jinping's speech emphasized the importance of stabilization and boosting consumer confidence. Experts underscored the need for strategic monetary policies aimed at enhancing economic growth, with a target of creating 12 million new jobs this year.
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Discover
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