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Hello
Everyone
Wow
Come back to weekly china recap im your host shingjamin
This week we take a look at two headlines that might seem unrelated at first glance
But together the review al chinas strategic direction for its next face of growth
First lets had to the rooftop of the world teabet china dsed broroad ground on what could become the most ambitious hydro power project in human history with a price tag of one point to trading r and b
The yarloone zambo river downstream project isnt just big
Its massive once completed
It will generate three hundred billion kiloabout hours of of ane electricity annually enough to power three hundred million people
This is a continuation of chinas legacy of building mega infrastructure projects like the three gorgestamp and the chinghai tibaad railway
But this time its not just about energy
Its about ecology employment equality and security
The new state own enterprise behind this project
China yajung group reflects beijings intent to uplift tiazz economy a region long scen e under dedeveloped beyond job creation
The project is expected to become a new anchor for green enerergy strategy and an engine for origonal economic rivitalization
It is also a powerful signal that despite a sluggish macro economic backdrop
China is still investing big
Really big
When it comes to a long term transformation now letravel l ar sousouth the island of highghant
This week china announced that on december eighteen
Twenty twenty five
The entire highgher free trade port will undergo phongun or customs closure that might sound like lock down
But in reality is quite the outset
Its a bold move to liberalize trade investment and market access
Think of hindan as chinas experimental hub for economic openness
Zero tariff policies will expand from twenty one percent to seventy four percent of all goods enterprises operating on the item
We enjoy preferential tax schemes
And if they process goods with thirty percent value added they can ship them into mainland china with
With one terfs
This means that hinan explosed to become more than just a vacation hospot is evolving into a platform for international trade talent and investment
With a kind of institutional flexibility that might shape the next generation of chinese reform
So whats the bigger picture here unlike many major eeconomies
Where limate ambitions are bback sliding and esg commitments are becoming political liabilities
China is taking a different groute
About listing ting aily in in in ininfrastructure
Pupushdevelopment in its most remote regions projects like tibead hddro power mega project
Aunt
Just about clean energy
Theyre about national resilience
About lifting legging gigions relelevance
And about proving that transformation can be engineered even under extreme conditions
Yes there are strategic calculations
But the result is clear
Energy security
Regional development and the environmental transformation
All in one
At the same time
China is not waging trade wars
Is building trade platforms in a world
Where tariffs and economic courision have become the new weapons of geopolitical competition
China is rolling out open zones like kyan expanding zero terriff regimes and quietly becoming a friendly lier marketplace for the global south
And beyond of course skepticism and criticism will persist thats the cost of scale and ambition
But the more important question is can china deliver the countrys try record on big bats from infrastructure to poverty alleviation suggests
It might china is making a dual move on one hand building large scale resource
Intensive infrastructure and challenging to rains on the other easing institutional frictions to attract global capital and talent from the snowy mountains of tibet
To the tropical beaches of hyi nn
This power and ports strategy shows how china is doubling down on both physical capacity and regulatory innovation
So while others being wchchina digging channels for power
For commerce and for a future
It believes
It can still shave on its own terms
Mega construction meets mega opening up two sides of the same growth coin thanks for tuning in im mchnjaming stay informed and ill see you next week on weekly china reay cap goodbye
