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China sees intensive, extensive development of opening up in past 10 years

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By GuXueming, Zhang Dan

Opening up is a fundamental policy of China, as well as a hallmark of contemporary China. Following the introduction of the reform and opening up policy in 1978, China has fully grasped the opportunities brought about by economic globalization and constantly expanded opening up, making a historic change in its relations with the rest of the world.
Over the past 10 years, China has worked to change its opening up pattern from one based on the flow of products and factors to one based on institutions and rules. A new system for a higher-standard open economy has taken shape.
The country witnessed rapid growth in exports of high-technology, high-quality and high-value-added products. From 2013 to 2021, annual export growth of high-technology products stood averaged 5.1. The comparative advantages of Chinese exports are more and more driven by innovation, rather than factors.
Thanks to the improvement in both the volume and quality of inbound foreign investment, China’s high-tech industry lifted its actual use of foreign capital from 140.9 billion yuan ($20.08 billion) in 2016 to 346.9 billion in 2021, with an average annual growth of 19.7 percent. More and more multinational companies are setting up headquarters, R&D centers and purchasing centers in China.
China has been accelerating the building of a new system for a higher-standard open economy. Since 2013, the country has set up 21 pilot free trade zones (FTZs), and they have seen their successful practice in 278 cases of innovation in institutional reform promoted at the national level.
The number of items on the national and FTZ negative lists has been downsized to 31 and 27, respectively, which effectively activated the energy, impetus and potential of reform and innovation.
The construction of the Hainan Free Trade Port is in steady progress. A tax system that is applicable to high-level free trade ports is being established step by step according to the principles of zero tariff, low tax rate, streamlined tax structure, strengthened law enforcement, and phased implementation, to enhance trade liberalization and facilitation.
In 2020, China ranked 31st among 190 economies in the World Bank’s ease of doing business index, rising from 96thin 2013 and becoming one of the fastest-growing economies in the world.
Over the past 10 years, China has promoted reform, development and innovation through opening up, seeing continuous improvement in the quality of its economic development.
By advancing supply-side structural reform through high-level opening up, optimizing imports and improving the quality of domestic supply by exploiting domestic and foreign innovation factors, China is providing products and services of higher quality to the global market and promoting mutual reinforcement between the domestic and international circulations. China’s efforts further optimized factor allocation in industries, accelerated industrial restructuring and raised the quality of economic development.
The added value of the service sector accounted for 53.3 percent of China’s GDP last year, up from 46.1 percent in 2013, maintaining an important engine driving economic growth. The country’s manufacturing industry also saw a significant rise in its comprehensive capability and international influence. The share of the added value of China’s manufacturing industry in the world increased to nearly 30 percent in 2021 from 22.5 percent in 2012, which has consolidated the fundamentals for China’s economic development.
Over the past 10 years, China has adhered to win-win cooperation and made unswerving efforts to build an open world economy despite the headwinds of de-globalization.
Facing unstable global recovery, rising de-globalization, as well as profound changes and a pandemic both unseen in a century, China has worked to stabilize foreign trade and foreign investment, and improve the management system for foreign investment. It has boosted confidence in global recovery while pushing for the healthy development of its own economy.
Between 2019 and 2021, the average annual growth of China’s actual use of foreign capital stood at 10.8 percent, 9.1 percent higher than the global average. During the same period, the average annual imports growth was 13.7 percent, 5.7 percentage points higher than the global average.
China’s contribution to global economic growth exceeded 30 percent for years, and the country, with a minor rise in its export prices, is alleviating global inflation, serving as an important force driving global recovery.
China follows a principle of extensive consultation, joint contribution and shared benefits and promotes high-quality development of the Belt and Road Initiative, which not only brings win-win benefits to participating countries, but also enhances the wellbeing of their people.
Responding to the international aspiration for more equitable, sustainable, and secure development, China proposed the Global Development Initiative and the Global Security Initiative for building a community with a shared future for mankind. The two initiatives have been warmly responded by over 100 countries.
The development of China in the past 10 years has fully indicated that opening up is the path China must take to achieve prosperity and development. China’s door of opening-up will not be closed and will only open even wider.
Facing the future, China will take advantages of its super large market, drive high-quality development with high-level opening up, and further integrate itself into the world to stabilize global trade and investment, world economy and people’s confidence. With the outcomes ofhigh-level opening up, the country will benefit not only the Chinese people, but also the people ofthe rest of the world.

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‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain

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By Emmanuel Kuza

A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.

Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.

According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.

“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.

He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.

“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.

The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.

Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.

“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.

He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.

“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.

Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.

He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu

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200 widows benefit from empowerment outreach in Plateau

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By Israel Adamu, Jos 

 Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.

The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.

The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.

She stressed that the outreach was not a political programme but an expression of love and support for humanity.

Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.

“This is simply an expression of compassion and love for humanity. It is not a political programme.

“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”

Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.

Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.

At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash

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SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance

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By Francis Wilfred 

The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.

They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026

The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.

Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.

Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations

He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector

“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.

In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.

The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.

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