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Tuesday, 28 January 2025

Chinese across the world, celebrate Spring Festival with traditions, travels and shopping spree, since its inclusion into the UNESCO intangible cultural heritage list.

 

Chinese New Year offers window on nation's economic vitality

Tourists pose for a selfie at a flower market in Yuexiu District, Guangzhou, south China's Guangdong Province, Jan. 27, 2025. China is alive with vibrant celebrations with the Spring Festival just around the corner. (Xinhua/Deng Hua)

Tourists pose for a selfie at a flower market in Yuexiu District, Guangzhou, south China's Guangdong Province, Jan. 27, 2025. China is alive with vibrant celebrations with the Spring Festival just around the corner. (Xinhua/Deng Hua)


With traditional fairs and shopping and travel booms over this year's extended holiday, China is about to ring in the Spring Festival of the Year of the Snake, the first since its inclusion into the UNESCO intangible cultural heritage list.

For Chinese across the world, the Spring Festival is a time for family reunions, festive traditions, holiday shopping and diverse cultural and tourism activities. This year, it falls on Jan. 29 with hundreds of millions of people traveling to reunite with families in the world's largest annual human migration.

Celebrations today highlight both traditional and modern elements, from temple fairs, lantern displays, lion dances and intangible cultural heritage bazaars to village galas, light and drone shows, museum exhibitions, and travels at home and abroad.

This year, festive glee and activities are further boosted by the UNESCO recognition, pro-consumption policies and the extension of the traditional seven-day holiday by an extra day.

FAMILY REUNIONS AND TRADITIONAL FESTIVITIES

For migrant workers like Zhang Changfu, a native of Baise in Guangxi Zhuang Autonomous Region, south China, the Spring Festival offers a rare opportunity for a family reunion.

"I've been working away from home for 20 years, but I return home every Spring Festival," said Zhang, 41, who works as a machinist in the southwestern metropolis of Chengdu, adding that he is looking forward to taking his family to the local temple fair.

The temple fair, a panoply of folk performances, local delicacies and traditional handicrafts, is a familiar sight at this time of year. While such activities contain more traditional elements in the countryside, large cities like Beijing and Shanghai have a tradition of holding large-scale fairs.

For others, like Lin Jia who works in Nanjing, capital of east China's Jiangsu Province, Spring Festival is the perfect time for a family tour. Lin's parents and grandmother have traveled from Hunan Province to join her for the holiday.

Lin plans to take them sightseeing around the city after a New Year's Eve dinner at a hotpot restaurant. "It's both a reunion and a mini vacation," she said.

This year, many cities are holding more traditional festive activities, motivated by the inscription of the Spring Festival on UNESCO's Representative List of the Intangible Cultural Heritage of Humanity in December. The southwestern megacity of Chongqing has planned more than 100 intangible cultural heritage exhibitions, bazaars and performances during the holiday.

"We hope visitors can feel the strong festive ambiance and the special charm of our cultural heritage," said Tang Mao, the organizer of a cultural heritage bazaar in Chongqing's bustling Jiefangbei commercial area, where over 40 artisans display traditional crafts like paper-cutting, New Year picture drawing and sugar-figure making.

HOLIDAY SHOPPING

For centuries, shopping has been a crucial part of Spring Festival preparations: from nice food to new clothes and carefully chosen gifts.

Liu Fengmei, a woman in her 70s in Shanghai, traveled over an hour by subway to First Foodhall, a time-honored food store on the iconic Nanjing Road, to stock up on traditional holiday snacks.

A long queue is seen outside the store, which, like many across the country at this time of the year, is filled with festive decorations and a dazzling array of traditional foods.

Following the UNESCO recognition, Chinese consumers also appear to be particularly interested in goods with a cultural festival flair.

Li Gang with the Ministry of Commerce said sales of neo-Chinese-style jewelry and goods featuring intangible cultural heritages have grown by 52.6 percent and 26.6 percent in the month-long online shopping event for the festival initiated by the ministry.

In recent years, the Spring Festival shopping lists have included more imported goods, reflecting Chinese people's rising purchasing power and growing appetite for imported quality goods.

Earlier this month, a cargo ship loaded with 20,000 tonnes of Chilean cherries arrived at the Nansha Port in south China's Guangzhou, perfectly timed to offer a festive treat for millions ahead of the Spring Festival.

"Chilean cherries, Australian lobsters and Russian snow crabs ... the prices of imported products are quite attractive, so I plan to prepare a New Year's Eve dinner that blends both Chinese and foreign flavors," said a customer surnamed Guo at a store of fresh-food chain Freshippo in Beijing.

Driven by government-subsidized trade-in programs, mobile phones, wearable devices, and green and smart home appliances are also highly sought-after items ahead of the festival, according to the ministry.

"Spending on New Year's goods can offer a glimpse into the resilience and vitality of consumption throughout the year," said Hong Tao, director of the Institute of Business Economics at Beijing Technology and Business University, who expects a new wave of holiday consumption growth.

HOLIDAY TRAVEL

In addition to local festivities, many are venturing farther afield to make the most of the eight-day Spring Festival holiday.

Fang Xue, a resident of Shanghai, plans to take her parents on a holiday trip to Shantou, a coastal city in Guangdong Province. "Traveling during the Spring Festival has become quite fashionable," Fang said. "My parents in their 80s are very eager to travel."

The extended holiday has given a boost to the travel industry. While tourist cities such as Shanghai, Beijing, Guangzhou, Hangzhou and Chengdu are attracting large numbers of holidaymakers, smaller cities are also getting more travelers who wish to savor celebrations with local flavors, according to Fliggy, a leading online travel agency.

"Expectations for intangible cultural heritage activities are especially high during the first Spring Festival after the UNESCO recognition," said Wang Liyang, operations manager at Fliggy.

Thanks to China's further easing of visa policies, many Chinese cities are also witnessing an influx of international visitors, with many eager to experience the festival traditions.

"The UNESCO heritage status gives Spring Festival worldwide recognition and increases its appeal to international tourists," said Zhou Huijie, an analyst at Trip.com research institute.

Trip.com Group has estimated that inbound bookings would jump by 203 percent during the Spring Festival, with tourists from the Republic of Korea, Malaysia, Singapore, Japan, the United States, Australia, Thailand and Britain topping the list.

Lukas Muller from Germany is traveling in northeast China's Jilin Province for skiing and to experience the Spring Festival.

"My friends and I will experience Chinese New Year up close, including eating dumplings, putting up spring couplets, setting off fireworks, and many other customs I'm not familiar with yet," he said, also praising China's visa-free policy that facilitated his trip.

Spring Festival serves as the most direct cultural window to understand the Chinese people and it is also a traditional festival with the most Chinese cultural characteristics, said Feng Jicai, a renowned Chinese writer who has long championed intangible cultural heritage protection.


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DeepSeek launches new AI model as Trump cautions of ‘wake-up call’ to US industry

 


DeepSeek (Chinese深度求索pinyinShēndù Qiúsuǒ) is a Chinese artificial intelligence company that develops open-source large language models (LLM). Based in Hangzhou, Zhejiang, it is owned and solely funded by Chinese hedge fund High-Flyer, whose co-founder, Liang Wenfeng, established the company in 2023 and serves as its CEO.


deepseek

deepseek


Chinese artificial intelligence (AI) startup DeepSeek on Tuesday launched a new open-source multimodal model, following the buzz generated by its cost-effective open-source reasoning model, DeepSeek-R1, which competes with rivals like OpenAI but at a significantly lower cost, sending ripples through the US stock market the day before.

According to information on the AI community platform Hugging Face on Tuesday, DeepSeek has released the open-source multimodal AI model Janus-Pro, an upgraded version of its earlier Janus model, which significantly enhances multimodal understanding and visual generation capabilities.

Its Janus-Pro-7B AI model outperformed OpenAI's DALL-E 3 and Stability AI's Stable Diffusion in a leaderboard ranking for image generation using text prompts, Reuters reported on Tuesday, according to a DeepSeek's technical report the Global Times read on Github, a proprietary developer platform. 

The latest development came after earlier in January the company released the latest open-source model DeepSeek-R1, which has achieved an important technological breakthrough - using pure deep learning methods to allow AI to spontaneously emerge with reasoning capabilities.

As a rapidly growing competitor to leading AI tools like OpenAI's ChatGPT, Google's Gemini, and others, the Chinese AI startup has garnered runaway attention in recent weeks.

US President Donald Trump said on Monday that Chinese startup DeepSeek's technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper, faster method of artificial intelligence, Reuters reported Tuesday. 

"I've been reading about China and some of the companies in China, one in particular coming up with a faster method of AI and much less expensive method, and that's good because you don't have to spend as much money. I view that as a positive, as an asset," Trump said, according to Reuters. 

"The release of DeepSeek, AI from a Chinese company should be a wakeup call for our industries that we need to be laser-focused on competing to win," Trump said in Florida, according to the report. 

The remarks also came as the news around DeepSeek sent shockwaves through the AI industry, with Nvidia bearing the brunt of the sell-off. The chipmaker, a linchpin of the AI supply chain, lost over $500 billion in market value, plummeting 16.86 percent in a single day. Other major tech players, including Alphabet and Microsoft, also declined, though Meta managed to trade in positive territory, Xinhua reported. 

Nvidia issued a statement on Monday after its shares tumbled, noting DeepSeek's advances show the usefulness of its chips for the Chinese market and that more of its chips will be needed in the future to meet demand for DeepSeek's services.

"DeepSeek's work illustrates how new models can be created using that technique, leveraging widely-available models and compute that is fully export control compliant," Nvidia said in its statement.

OpenAI Chief Executive Officer Sam Altman welcomed the debut of DeepSeek's R1 model in a post on X late on Monday. "Deepseek's r1 is an impressive model, particularly around what they're able to deliver for the price. we will obviously deliver much better models and also it's legit invigorating to have a new competitor! we will pull up some releases," Altman said.

The success of DeepSeek showed that the Biden administration's four-year crackdown on China's AI and computing power has not only failed but has also spurred the country to forge a unique path for AI development, achieving significant progress in autonomous AI development, Ma Jihua, a veteran telecom industry observer, told the Global Times on Tuesday.

"While the global AI community has been focused on increasing computing power, China has been pioneering a path through algorithm optimization, opening up a new approach that is cost-effective and equally efficient. This development holds significant importance for the global AI landscape," Ma noted.

"However, with the emergence of DeepSeek and the rapid advancement of China's AI industry, there is now greater potential for complementary cooperation between China and the US. Both countries can leverage their unique strengths, making collaboration more promising than ever before," Ma said. 

Industry observers reached by the Global Times previously said while China and the US, as the two leading powers in the global AI field, compete in the AI industry, there is also significant room for cooperation, especially in AI governance.


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Friday, 24 January 2025

Landlords left to foot millions in electricity bills due to tenant's illegal crypto mining

 In a press conference yesterday, Gopeng MP Tan Kar Hing revealed that over 30 property owners had reported the issue to their service centres, with efforts underway to gather information from more than 30 additional owners. Also present were Simpang Pulai assemblyman Wong Chai Yi, and Astaka assemblyman, Jason Ng. - Pic credit Facebook/Tan Kar Hing

Gopeng MP Tan Kar Hing (in white) mingling with the bitcoin victims during a press conference at his service centre. -Ronnie Chin/The Star

KUALA LUMPUR: More than 60 shoplot owners in Ipoh are facing millions of ringgit in electricity claims after their tenants were found to be involved in illegal bitcoin mining activities.

In a press conference yesterday, Gopeng MP Tan Kar Hing revealed that over 30 property owners had reported the issue to their service centres, with efforts underway to gather information from more than 30 additional owners.

The claims range from RM30,000 to RM1.2 million per case.

Tan highlighted that these incidents exposed loopholes in the current legal framework.

"Under the Electricity Supply Act, Tenaga Nasional Bhd (TNB) bases its claims on revenue losses from electricity theft. However, the law does not require TNB to prove that the registered account holder is responsible for the theft.

"This creates a legal loophole, allowing illegal mining activities to go undetected while innocent property owners bear the financial burden," he said.

Tan also pointed out that illegal electricity connections could cause power outages, resulting in losses not only for homeowners but also for TNB and the country.

He urged the Energy Commission, under the Energy and Natural Resources Ministry and relevant enforcement agencies to take action against illegal bitcoin mining activities to prevent further crimes.

In the meantime, Tan said he would continue to raise these cases during the upcoming parliamentary session.

He also advised landlords to transfer TNB accounts into their tenants' names when renting out properties to avoid such incidents.

According to China Press, one property owner, Yen Pit Yun, said that the pressure of facing RM1.2 million in unpaid electricity bills from TNB could drive her to bankruptcy.

Yen explained that the upper floor of her two-storey shop lot in Panorama Lapangan Perdana, Simpang Pulai, was rented out to a tenant in July while she operated a hair salon on the ground floor.

"On Aug 30, I noticed the tenant carrying a large bag of thick electrical cables upstairs, which raised my suspicions and led me to file a police report. The next day, the tenant moved out unexpectedly.

"When I went upstairs to inspect the unit, I found it empty, with holes in the walls and damaged partitions, causing significant losses," she said.

She reported the incident to TNB, but two months later, she received a notice informing her of outstanding electricity bills exceeding RM1.2 million, leaving her feeling helpless.

Yen said her only hope now is the assistance of the Gopeng MP and others to resolve the debt issue.

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Landlord left with RM1.2mil TNB bill

'I Might Go Bankrupt' — M'sian Woman Gets RM1.2mil Electricity Bill Ove