Guests of the Shanghai Cooperation Organization Media and Think Tank Summit Visit Luoyang: Embracing the Dynamic Pulse of a Millennia-Old Ancient Capital
Site Museum of Dingding Gate
As a pivotal cradle of Chinese civilization, an ancient capital of thirteen dynasties, one of the Eastern starting points of the Silk Road, and a central city along the the Grand Canal of Sui and Tang Dynasties, Luoyang boasts over 5,000 years of civilization, nearly 4,000 years of urban history, and more than 1,500 years as a capital. Additionally, it serves as an important traditional industrial base prioritized by the People's Republic of China. During the first Five-Year Plan (1953-1957), seven of 156 key national projects were launched here. In the new era, Luoyang is forging deep integration into the Belt and Road Initiative, as China-Europe and China-Central Asia freight trains operate around the clock.
[VIDEO]
The Silk Road's ancient portal endures, while the radiance of the Tang Dynasty's heyday blooms anew.
Dingding Gate stands majestic, having witnessed the distant years when camel bells echoed along the Silk Road and greeted the flourishing glory of the Sui and Tang Dynasties. Stepping into the Site Museum of Dingding Gate, a magnificent reenactment of the 'city entrance ceremony' instantly transported them through history. As performers bowed deeply, their Hanfu robes swirling, the guests marveled at the millennia-old elegance of the cross-handed salute, remarking they had never witnessed such graceful etiquette.
Moving to the dazzling 'Wuhuang Shengyan (a Tang-style Cultural Restaurant)', guests embarked on a multisensory journey through the Tang Dynasty's golden age. Amid carved railings and jade-inlaid structures, they savored exquisite delicacies amid resounding music and dance, overwhelmed by the grandeur of Tang majesty. In joyous spirit, guests spontaneously joined performers onstage. Long after the feast, its melodies lingered as the guests remained in awe, exclaiming, 'Stunning! Magnificent! Breathtaking!' They vowed to tell friends and family that they must come and experience it.
Dongfanghong composes new stories, while the Buddha's light of Longmen shines upon the world.
Entering the Dongfanghong Innovation Hub of YTO Group Corporation, guests felt the surging pulse of Luoyang's equipment manufacturing and industrial development. Interested foreign guests boarded the vehicles to experience the new tractors on display. The accessible advanced manufacturing deeply touched them. 'Luoyang is not only beautiful, but also possesses the crafting might of modern farm machinery, which is truly remarkable!' Many foreign guests noted that China's generous support in professional technologies and equipment had boosted agricultural development in their countries, bolstering the foundations of sustainable growth and safeguarding precious food security. They expressed hope for deeper cooperation ahead.
At Longmen Grottoes, guests explored China's treasury of stone carving art. Foreign guests paused before the Giant Vairocana Buddha, remarking that Luoyang is an extraordinarily unique place, rich in culture and civilization. They expressed hope for linking their countries with China through tourism to foster deeper exchanges and mutual learning between civilizations.
Millennium-old Luoyang retains its timeless charm. Through this in-depth visit, guests of the Shanghai Cooperation Organization Media and Think Tank Summit not only heard the echoes of history but also felt the city's powerful pulse of the times. They etched deeply in their hearts a 'stunning, magnificent, and breathtaking' magical Luoyang, a city they would share far and wide across the world.
Hashtag: #Luoyang
The issuer is solely responsible for the content of this announcement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
33 minutes ago
- Business Insider
XPeng, Li Auto, NIO, or BYD: Which Chinese EV Maker Had the Strongest July?
Chinese electric vehicle (EV) makers posted a mixed bag of delivery results for July, with XPeng (XPEV) reporting record sales, while other major players such as BYD (BYDDF), Li Auto (LI), and Nio (NIO) saw month-over-month declines. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Following this news, share prices for the EV makers were largely lower on Friday morning. Despite reporting the strongest month, XPEV stock dipped 1.5%. At the same time, Nio, Li Auto, and BYD stocks gave up 0.3%, 3.3%, and 1.6%, respectively. XPeng's Record Deliveries Driven by New Models XPeng delivered 36,717 vehicles in July, marking a 229% year-over-year jump and a 6.1% increase from June. The success of its affordable Mona 03 sedan has been a major growth driver. Also, the company's expansion into Europe and rollout of new models, such as the G6, G9, and P7+, helped fuel demand. Further, XPEV's advanced driver-assistance tech (XNGP) also saw strong adoption, with a monthly active user penetration rate of 86% in urban driving last month. Li Auto Slips Sharply Li Auto delivered 30,731 vehicles in July, down 15.3% from June and 39.7% year-over-year. The company's July slump extended a months-long decline, raising concerns about its product lineup and market position. While Li Auto launched the new Li i8 SUV at the end of July, deliveries will not start until late August, so it did not help boost July sales. NIO Reports Mixed Results Nio reported 21,017 deliveries, a 15.7% drop from June, but up 2.5% year-over-year. It marked NIO's lowest monthly volume since March. Importantly, the company recently launched the new ONVO L90 SUV, which sold out within hours. This boosted investor optimism and sent NIO stock up nearly 10%. Wall Street analysts say the ONVO brand is a smart way to meet middle-market demand and expand beyond luxury EVs. BYD's July Deliveries Fall BYD delivered 344,296 vehicles in July 2025, marking just a 0.6% year-over-year increase and a 10.1% decline from June. Passenger BEV sales were down 14% sequentially but up 36.8% year-over-year to 177,887 units. Meanwhile, plug-in hybrid (PHEV) sales fell by 4.45% from June and 22.6% year-over-year to 163,143 units. This raised concerns about its ability to meet its 5.5 million annual delivery target. The slowdown is partly due to weaker seasonal demand in China and growing regulatory scrutiny over steep discounts that have sparked a price war. Which Is the Best EV Stock? Using TipRanks' Stock Comparison Tool, let us take a look at Wall Street's ratings for the four EV stocks mentioned above. Analysts are optimistic with a 'Strong Buy' consensus rating on BYDDF stock, whereas Li Auto and XPEV stocks have a 'Moderate Buy' rating. NIO stock has a Hold. The average price target for these stocks indicates the highest upside potential of 55.49% for BYD.
Business Insider
2 hours ago
- Business Insider
Nvidia Stock (NVDA) Trembles as Chinese Ramp Up Pressure on Chip Security Fears
Nvidia (NVDA) stock dropped 2% today as a war of words over security risks erupted between it and Chinese authorities. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Security Proofs The semiconductor giant was warned that it must produce 'convincing security proofs' to eliminate Chinese users' worries over security risks in its chips and 'regain market trust.' That is according to a commentary published in China's state-run media People's Daily. Foreign companies must comply with Chinese laws and take security to be a basic prerequisite; the commentary said. It comes 24 hours after The Cyberspace Administration of China (CAC) summoned Nvidia to explain 'backdoor security risks' of its H20 chips sold in China and submit relevant documents. The move is reportedly aimed at 'safeguarding the network and data security of Chinese users' after comments from American AI experts suggested that Nvidia's chips have location tracking and can remotely shut down the technology. It is not clear who these experts are and if China has undertaken its own tests into the chips. Nvidia came out fighting telling Reuters that: 'Cybersecurity is critically important to us. NVIDIA does not have 'backdoors' in our chips that would give anyone a remote way to access or control them.' It is understood that company representatives have already been interviewed by the CAC. It comes at an important time for Nvidia and its relationship with China, which is a key part of its overall revenues. China Crisis Earlier this month, Nvidia said that it could resume its H20 AI chip sales in China, months after the U.S. Commerce Department put export restrictions on the chips amid ramped-up U.S.-China tariff trade tensions. Nvidia estimated that the ban had cost it a huge $15 billion in lost sales. The chip was specially designed for Chinese customers to meet U.S. export rules and has been a top seller in the country since 2024. Nvidia has also introduced a new AI chip for China. The model is designed for use in factory automation and logistics and is built on the company's advanced Blackwell architecture. If security fears are confirmed, then this could have a detrimental impact on the Nvidia share price which has performed well this year. In 2023, the CAC said products from semiconductor group Micron Technology (MU), failed a national security review, resulting in a sales ban of its products to key infrastructure operators in China. Is NVDA a Good Stock to Buy Now? On TipRanks, NVDA has a Strong Buy consensus based on 34 Buy, 3 Hold and 1 Sell ratings. Its highest price target is $250. NVDA stock's consensus price target is $185.79, implying a 4.45% upside.
Axios
8 hours ago
- Axios
Sales tax holidays begin as families face higher school costs
Nine states are kicking off tax-free holidays this weekend —as back-to-school inflation hits hard and families rush to lock in savings. Why it matters: It's a rare tax break for families preparing for a new school year and dealing with higher prices because of President Trump's tariffs. Four states — Alabama, Mississippi, New Mexico and Tennessee — held tax holidays in July, and four more tax-free breaks are held later in August. The big picture: Retailers like Walmart and Target are freezing or lowering prices on select items to court budget-conscious shoppers. Looming tariffs on Chinese imports — including tech and school supplies — are expected to drive prices up 12–15% this season, according to retail analysts. What they're saying:"With uncertainty around costs this fall, both shoppers and retailers are trying to lock in value now while they can," Stephanie Carls, RetailMeNot retail insights expert, told Axios. Mary Hines Droesch, head of consumer and wealth management products at Bank of America, tells Axios, that spreading out purchases can help consumers avoid impulse buys and lets families catch late-season deals. Sales tax holidays 2025 include online orders Sales tax is waived for in-store purchases and online shopping during the holidays, but exclusions apply. Arkansas tax-free weekend 2025 Arkansas holds its annual sales tax holiday on the first weekend of August each year for two days — Saturday and Sunday. Tax-free items: Clothing and shoes: Less than $100 per item. Clothing accessories or equipment: Less than $50 per item. School supplies and electronic devices used by students for study are also included, the state said. Florida sales tax holiday 2025 The Sunshine State's annual sales tax holiday is now a monthlong tax break every August. Tax-free items: Clothing, footwear and accessories: $100 or less. Most school supplies: $50 or less. Computers and accessories for personal use: $1,500 or less. Learning aids and jigsaw puzzles: $30 or less. Iowa sales tax holiday weekend 2025 The Hawkeye State's tax holiday is held annually on the first weekend in August and lasts two days, Friday and Saturday. No state or local option sales tax will be collected on clothing or footwear less than $100, according to the state. Missouri tax-free weekend 2025 Missouri's annual three-day tax holiday runs Friday through Sunday, Aug. 3, per the state. Tax-free items: Clothing: $100 or less. Personal computers and computer peripheral devices: Up to $1,500 and software up to $350. School supplies: Not to exceed $50 per purchase, graphing calculators up to $150. Ohio expanded sales tax holiday 2025 Ohio expanded its annual sales tax holiday into a two-week event, which ends at 11:59pm Aug. 14. The sales tax holiday includes "all tangible personal property that is $500 or less," including electronics, clothing, books, home goods, sporting goods, food and more. Oklahoma sales tax holiday 2025 Oklahoma's three-day sales tax holiday is held the first Friday through Sunday in August annually. Tax-free items: Clothing and footwear: Less than $100. South Carolina tax-free weekend 2025 The annual sales tax holiday in South Carolina is Friday through Sunday, Aug. 3 and exempts eligible purchases from the 6% state tax and local taxes. Tax-free items: Regardless of price, all computers, printers, school supplies, clothing and accessories, shoes and certain bed and bath items. Virginia sales tax holiday 2025 Virginia's three-day sales tax holiday — Friday through Sunday — waives tax on school supplies, clothing, footwear, emergency preparedness items as well as select appliances. Tax-free items: Clothing and footwear: $100 or less per item. School supplies: $20 or less. West Virginia sales tax holiday 2025 West Virginia's sales tax holiday runs Friday through 11:59 p.m. on Monday, Aug. 4, the state says. Tax-free items: Clothing: $125 or less. Laptop and tablet computers: $500 or less. School supplies: $50 or less. School instruction material: $20 or less. Sports equipment: $150 or less. Upcoming sales tax holidays
