BEIJING, March 4, 2026 /PRNewswire/ — A report from China Daily

Yichang, a city featuring the world’s largest hydropower project on the Yangtze River, is driving China’s clean energy transition while revitalizing its ecosystem and culture.

From the majestic Three Gorges, Yichang in Central China’s Hubei province is nurtured by the mighty Yangtze River, which courses through mountain barriers before slowing its pace here. The city stands as a global capital of hydropower, where waters and mountains unite in harmony, blue and green hues intertwine, and humanity blends with the urban landscape.

Yichang, a major regional hub connecting the middle and upper reaches of the Yangtze River, is home to both the Gezhouba Dam — known as the first dam on the mighty Yangtze — and the Three Gorges Dam, the world’s largest hydropower project. Together, they have enabled this city, covering only 0.2 percent of China’s land area, to provide electricity to a vast portion of the country.

The sound that emanates from these dams is not merely the spin of turbines; it is the green heartbeat of the Yangtze, a powerful rhythm of clean, low-carbon energy and an ecological echo that reverberates with a commitment to protect the great river.

The Three Gorges of the Yangtze River form one of the major canyons in the world that can be fully explored by boat. Aboard the Yangtze River Three Gorges 1 — the world’s largest electric cruise ship — visitors can tour the Three Gorges Dam, the Gezhouba Dam and the Xiling Gorge. The journey offers views of the nation’s monumental engineering feats, the majestic beauty of Xiling Gorge and the vast reservoir cradled by steep cliffs.

In 2025, Yichang welcomed 140 million domestic tourists and more than 400,000 international visitors. They came to experience a poetic voyage that weaves between modern marvels and natural wonders.

Beneath the river’s surface, life thrives again. The Yangtze finless porpoise, an indicator species of the river’s ecosystem that was once on the verge of disappearing, has made a remarkable comeback. Known as the “smiling angel of the Yangtze”, these porpoises now gather in groups, leaping and playing in the waves.

Along the riverfront in Yichang, spotting and photographing the porpoises has become a common occurrence. It is a powerful testament to the ecological restoration along the Yangtze River.

If the dams and the finless porpoises represent Yichang’s strength and grace, poetry has long been the soul of its romance.

Over 2,300 years ago, Qu Yuan — honored as a world cultural and historical figure — stood by the river and penned the masterpiece Tian Wen (Heavenly Questions), etching a poetic spirit into the heart of Chinese civilization.

Alongside its heritage, Yichang’s navel oranges have also journeyed across the world, earning the moniker “diplomats on the Yangtze”. Ripened under the unique sunlight and rains of the Three Gorges region, they travel along the golden waterway of the Yangtze, reaching distant shores and adding a bright, sweet note to dining tables globally. This voyage of Yichang’s oranges is a reflection of how an inland city embraces the world with openness and shared prosperity.

In Yichang, world-class natural wonders, engineering feats and cultural heritage converge and resonate, shaping a vibrant city and the “green heart” of the Yangtze River. Beating with an authentic rhythm, it sends forth to the world a vision of China’s beauty.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/yichang-the-green-heartbeat-of-the-yangtze-302704755.html

SOURCE China Daily

New development adds long-term housing stability for low-income households in South Los Angeles

LOS ANGELES, March 4, 2026 /PRNewswire/ — More South Los Angeles residents will soon have a stable place to call home. Today, Eleos and Health Net marked the start of construction on a new 37-unit affordable housing community at 5637 S. Broadway in South Los Angeles.

The project was made possible in part by a $550K investment from Health Net, which helped close the remaining funding gap and advance construction of the 100% affordable development. This is a 100% affordable development — all 37 homes are income-restricted and intended for households with low incomes, rather than a mix of market-rate and affordable units. Community leaders and partners gathered at the site to recognize what this project will deliver for the neighborhood: more housing stability, fewer families priced out of the community, and a clearer path to long-term well-being.

“This project reflects what we’re working toward at Eleos: delivering high-quality affordable housing faster, more efficiently, and through meaningful partnerships,” said David Aghaei, co-founder and principal of Eleos. “By combining private financing, streamlined policy and philanthropic support, we’re showing it’s possible to move projects forward without delay and without compromising on quality.”

“Congratulations to Eleos Ventures on breaking ground on 37-new homes in our South Los Angeles community,” said Los Angeles County Supervisor Holly J. Mitchell. “Eleos and Health Net are showing what’s possible with public and private partnerships, together putting residents first. These 37 new homes will strengthen this corridor, improve health outcomes, and help families build a more secure future right here in South L.A.”

Faster approvals — without waiting years to start building

The South Broadway development received entitlements and permits in nine months under Mayor Karen Bass’ Executive Directive 1; the City’s streamlined approval pathway designed to accelerate housing. Unlike many affordable housing developments, the project is privately financed and delivered without public subsidy, applying discipline, speed and cost efficiency to housing residents with the greatest need.

“Too many families are priced out of safe, stable housing — even when they’re working full time and doing everything right,” said Daniel Dayan, co-founder and principal of Eleos. “This development reflects our commitment to closing that gap and creating homes that strengthen neighborhoods and support long-term stability.”

Health Net partnership helps close the gap

The project was supported in part by Health Net, whose grant helped close the remaining funding gap and expand access for residents with the greatest need. Since 2020, Health Net has committed $93 million to housing and homelessness initiatives across California, advancing long‑term stability and improved health outcomes for communities most in need.

“Safe, stable housing changes everything — it improves health, strengthens job stability and protects childhoods,” said Dorothy Seleski, Medi-Cal President at Health Net. “We’re proud to partner with Eleos to bring affordable homes to South Los Angeles, because when families have a secure place to live, they can focus on getting healthier, working to provide for their families and staying rooted in their neighborhood. Our grant helped close the final funding gap so this community can move from uncertainty to stability, and we’ll continue investing in practical solutions that give residents real opportunity for long-term well-being.”

Eleos will serve as both the developer and operator of the South Broadway community. Across Los Angeles, Eleos has more than 1,300 housing units completed, under construction, or in its active pipeline. Eleos also works with nonprofit service providers and public agencies to support successful lease-up and long-term stability. Many Eleos properties serve residents who have experienced homelessness, rely on housing vouchers, or fall within the “missing middle” income range that often lacks access to traditional subsidies.

What’s next

Construction is now underway, with completion anticipated in summer or fall of 2027.

About Health Net
Founded in California more than 45 years ago, Health Net, LLC (“Health Net”), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

About Eleos
Eleos was founded with one goal in mind –– to change the space that people live, work and play in for the better. And all of this was fueled by the housing crisis in Los Angeles, which brought to bear the dire need for affordable solutions for our fellow residents who are seemingly forgotten by the current market-rate housing mix. Eleos regularly works with institutions to apply its expertise and resources to a new model of privately funded affordable housing solutions that drive lasting, permanent change. For additional information about Eleos, visit https://www.eleos.la/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/south-la-residents-gain-37-new-affordable-homes-as-eleos-and-health-net-break-ground-at-5637-s-broadway-302704737.html

SOURCE Health Net

New development adds long-term housing stability for low-income households in South Los Angeles

LOS ANGELES, March 4, 2026 /PRNewswire/ — More South Los Angeles residents will soon have a stable place to call home. Today, Eleos and Health Net marked the start of construction on a new 37-unit affordable housing community at 5637 S. Broadway in South Los Angeles.

The project was made possible in part by a $550K investment from Health Net, which helped close the remaining funding gap and advance construction of the 100% affordable development. This is a 100% affordable development — all 37 homes are income-restricted and intended for households with low incomes, rather than a mix of market-rate and affordable units. Community leaders and partners gathered at the site to recognize what this project will deliver for the neighborhood: more housing stability, fewer families priced out of the community, and a clearer path to long-term well-being.

“This project reflects what we’re working toward at Eleos: delivering high-quality affordable housing faster, more efficiently, and through meaningful partnerships,” said David Aghaei, co-founder and principal of Eleos. “By combining private financing, streamlined policy and philanthropic support, we’re showing it’s possible to move projects forward without delay and without compromising on quality.”

“Congratulations to Eleos Ventures on breaking ground on 37-new homes in our South Los Angeles community,” said Los Angeles County Supervisor Holly J. Mitchell. “Eleos and Health Net are showing what’s possible with public and private partnerships, together putting residents first. These 37 new homes will strengthen this corridor, improve health outcomes, and help families build a more secure future right here in South L.A.”

Faster approvals — without waiting years to start building

The South Broadway development received entitlements and permits in nine months under Mayor Karen Bass’ Executive Directive 1; the City’s streamlined approval pathway designed to accelerate housing. Unlike many affordable housing developments, the project is privately financed and delivered without public subsidy, applying discipline, speed and cost efficiency to housing residents with the greatest need.

“Too many families are priced out of safe, stable housing — even when they’re working full time and doing everything right,” said Daniel Dayan, co-founder and principal of Eleos. “This development reflects our commitment to closing that gap and creating homes that strengthen neighborhoods and support long-term stability.”

Health Net partnership helps close the gap

The project was supported in part by Health Net, whose grant helped close the remaining funding gap and expand access for residents with the greatest need. Since 2020, Health Net has committed $93 million to housing and homelessness initiatives across California, advancing long‑term stability and improved health outcomes for communities most in need.

“Safe, stable housing changes everything — it improves health, strengthens job stability and protects childhoods,” said Dorothy Seleski, Medi-Cal President at Health Net. “We’re proud to partner with Eleos to bring affordable homes to South Los Angeles, because when families have a secure place to live, they can focus on getting healthier, working to provide for their families and staying rooted in their neighborhood. Our grant helped close the final funding gap so this community can move from uncertainty to stability, and we’ll continue investing in practical solutions that give residents real opportunity for long-term well-being.”

Eleos will serve as both the developer and operator of the South Broadway community. Across Los Angeles, Eleos has more than 1,300 housing units completed, under construction, or in its active pipeline. Eleos also works with nonprofit service providers and public agencies to support successful lease-up and long-term stability. Many Eleos properties serve residents who have experienced homelessness, rely on housing vouchers, or fall within the “missing middle” income range that often lacks access to traditional subsidies.

What’s next

Construction is now underway, with completion anticipated in summer or fall of 2027.

About Health Net
Founded in California more than 45 years ago, Health Net, LLC (“Health Net”), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

About Eleos
Eleos was founded with one goal in mind –– to change the space that people live, work and play in for the better. And all of this was fueled by the housing crisis in Los Angeles, which brought to bear the dire need for affordable solutions for our fellow residents who are seemingly forgotten by the current market-rate housing mix. Eleos regularly works with institutions to apply its expertise and resources to a new model of privately funded affordable housing solutions that drive lasting, permanent change. For additional information about Eleos, visit https://www.eleos.la/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/south-la-residents-gain-37-new-affordable-homes-as-eleos-and-health-net-break-ground-at-5637-s-broadway-302704737.html

SOURCE Health Net

New development adds long-term housing stability for low-income households in South Los Angeles

LOS ANGELES, March 4, 2026 /PRNewswire/ — More South Los Angeles residents will soon have a stable place to call home. Today, Eleos and Health Net marked the start of construction on a new 37-unit affordable housing community at 5637 S. Broadway in South Los Angeles.

The project was made possible in part by a $550K investment from Health Net, which helped close the remaining funding gap and advance construction of the 100% affordable development. This is a 100% affordable development — all 37 homes are income-restricted and intended for households with low incomes, rather than a mix of market-rate and affordable units. Community leaders and partners gathered at the site to recognize what this project will deliver for the neighborhood: more housing stability, fewer families priced out of the community, and a clearer path to long-term well-being.

“This project reflects what we’re working toward at Eleos: delivering high-quality affordable housing faster, more efficiently, and through meaningful partnerships,” said David Aghaei, co-founder and principal of Eleos. “By combining private financing, streamlined policy and philanthropic support, we’re showing it’s possible to move projects forward without delay and without compromising on quality.”

“Congratulations to Eleos Ventures on breaking ground on 37-new homes in our South Los Angeles community,” said Los Angeles County Supervisor Holly J. Mitchell. “Eleos and Health Net are showing what’s possible with public and private partnerships, together putting residents first. These 37 new homes will strengthen this corridor, improve health outcomes, and help families build a more secure future right here in South L.A.”

Faster approvals — without waiting years to start building

The South Broadway development received entitlements and permits in nine months under Mayor Karen Bass’ Executive Directive 1; the City’s streamlined approval pathway designed to accelerate housing. Unlike many affordable housing developments, the project is privately financed and delivered without public subsidy, applying discipline, speed and cost efficiency to housing residents with the greatest need.

“Too many families are priced out of safe, stable housing — even when they’re working full time and doing everything right,” said Daniel Dayan, co-founder and principal of Eleos. “This development reflects our commitment to closing that gap and creating homes that strengthen neighborhoods and support long-term stability.”

Health Net partnership helps close the gap

The project was supported in part by Health Net, whose grant helped close the remaining funding gap and expand access for residents with the greatest need. Since 2020, Health Net has committed $93 million to housing and homelessness initiatives across California, advancing long‑term stability and improved health outcomes for communities most in need.

“Safe, stable housing changes everything — it improves health, strengthens job stability and protects childhoods,” said Dorothy Seleski, Medi-Cal President at Health Net. “We’re proud to partner with Eleos to bring affordable homes to South Los Angeles, because when families have a secure place to live, they can focus on getting healthier, working to provide for their families and staying rooted in their neighborhood. Our grant helped close the final funding gap so this community can move from uncertainty to stability, and we’ll continue investing in practical solutions that give residents real opportunity for long-term well-being.”

Eleos will serve as both the developer and operator of the South Broadway community. Across Los Angeles, Eleos has more than 1,300 housing units completed, under construction, or in its active pipeline. Eleos also works with nonprofit service providers and public agencies to support successful lease-up and long-term stability. Many Eleos properties serve residents who have experienced homelessness, rely on housing vouchers, or fall within the “missing middle” income range that often lacks access to traditional subsidies.

What’s next

Construction is now underway, with completion anticipated in summer or fall of 2027.

About Health Net
Founded in California more than 45 years ago, Health Net, LLC (“Health Net”), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 117,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

About Eleos
Eleos was founded with one goal in mind –– to change the space that people live, work and play in for the better. And all of this was fueled by the housing crisis in Los Angeles, which brought to bear the dire need for affordable solutions for our fellow residents who are seemingly forgotten by the current market-rate housing mix. Eleos regularly works with institutions to apply its expertise and resources to a new model of privately funded affordable housing solutions that drive lasting, permanent change. For additional information about Eleos, visit https://www.eleos.la/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/south-la-residents-gain-37-new-affordable-homes-as-eleos-and-health-net-break-ground-at-5637-s-broadway-302704737.html

SOURCE Health Net

BEIJING, March 4, 2026 /PRNewswire/ — As China’s annual Two Sessions gets underway, CGTN published an article analyzing how the country has advanced high-quality development through green transformation and innovation in recent years and how its model of sustainable growth offers a development path for emerging economies while creating new opportunities for the global economy.

Located in the Huangyan District of Taizhou, Zhejiang Province, the Huangyan Grottoes have supplied stone since the Tang Dynasty for city walls, roads, bridges and homes, laying the physical foundations of local development. By the 1980s, however, quarrying came to an end, leaving behind vast hollowed-out caverns.

The turning point came in 2023, when a design team from Tsinghua University joined the revitalization effort. Through structural reinforcement, ecological restoration and creative redesign, the abandoned quarry was transformed into a network of art spaces, concert halls and cafes. Since opening in February this year, the site has attracted over 500,000 visitors, generating 11 million yuan (around $1.6 million) in tourism revenue by November.

“Development is the key to improving people’s livelihoods,” Chinese President Xi Jinping stressed at the general debate of the 76th session of the United Nations General Assembly in September 2021.

At the meeting, he proposed the Global Development Initiative, which calls for prioritizing development, adopting a people-centered approach, fostering innovation, promoting harmony between humanity and nature, and pursuing practical results to accelerate the implementation of the UN 2030 Agenda for Sustainable Development.

Since 2013, China has stepped up efforts to upgrade its traditional growth model, gradually forming a modern economic governance approach rooted in green development, committed to a people-centered philosophy, and powered by innovation.

A development model rooted in green, people-centered growth
The experience of Huangyan Grottoes illustrates this transformation, and it’s not an isolated case. Across China, cities and regions are tailoring strategies to local conditions, leveraging their unique resources to achieve industrial upgrading and sustainable growth.

In Panzhihua, a mining-based city, coal-related industries once made up 78 percent of industrial value in the West District, typifying a resource-dependent growth model. As this path became unsustainable, the district decisively shifted toward green transformation.

It phased out 13 enterprises with outdated capacity, shut down 133 polluting companies and dismantled 109 industrial stockyards. At the same time, it upgraded its industries toward new materials, new energy, advanced processing of vanadium-titanium steel and resource recycling.

The results are remarkable: from 2022 to 2024, both carbon emissions and intensity declined steadily. In 2024 emissions were about 303,500 tons of carbon dioxide, with intensity falling 24.8 percent annually. The district now aims to become a zero-carbon industrial zone within three years and is positioning itself to cultivate strategic industries in advanced materials and new energy.

Beyond industrial transformation, other regions in China have also actively leveraged their own cultural strengths to drive development.

In southwest China’s Guizhou Province, the grassroots football league known as “Cun Chao” has grown into a nationwide cultural phenomenon, attracting more than 5.19 million visitors, generating nearly 5.99 billion yuan in tourism revenue and creating over 12,000 flexible jobs. In Beidaihe, east China’s Hebei Province, the Aranya community built by the seaside has evolved into a creative hub, hosting theater, music and dance festivals and drawing designers and artists from across the country.

Gyula Thurmer, president of the Hungarian Workers’ Party, noted that despite global economic uncertainty, China’s economy has demonstrated strong resilience. He said China’s governance approach – rooted in people-centered policies and long-term vision – offers a compelling example for nations facing complex global challenges.

Providing opportunities for global growth
As the global economy faces rising uncertainty amid rising protectionism and geopolitical tensions, China has sought to inject stability through steady domestic growth and continued opening-up, providing more opportunities to the world.

Over the past five years, China has contributed roughly 30 percent of global economic growth annually on average, ranking among the top contributors worldwide. Its 1.4-billion-strong market offers vast potential for goods, services and investment, and the country has remained the world’s largest trader in goods for years.

In terms of international cooperation, landmark projects under the Belt and Road Initiative – including the Jakarta-Bandung High-Speed Railway, the China-Laos Railway and Greece’s Piraeus Port – have supported infrastructure upgrades, job creation and economic recovery in partner countries.

Meanwhile, China continues to shorten its negative list for foreign investment and hosts major platforms such as the China International Import Expo to share market opportunities with global businesses.

Hamid Moghadam, co-founder and CEO of Prologis, said growing demand from Chinese consumers represents “a tremendous opportunity” and that the prosperity of the Chinese market directly drives his company’s continued growth.

Rebeca Grynspan, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), has described China as a “very important example of development in the 20th and 21st century,” noting that UNCTAD “learns from China’s experience.”

For more information, please click here:
https://news.cgtn.com/news/2026-03-04/How-China-s-development-path-provides-a-model-for-global-growth-1Lf81YHvsKQ/p.html 

 

Cision View original content:https://www.prnewswire.com/news-releases/cgtn-how-chinas-development-path-provides-a-model-for-global-growth-302704705.html

SOURCE CGTN

BEIJING, March 4, 2026 /PRNewswire/ — As China’s annual Two Sessions gets underway, CGTN published an article analyzing how the country has advanced high-quality development through green transformation and innovation in recent years and how its model of sustainable growth offers a development path for emerging economies while creating new opportunities for the global economy.

Located in the Huangyan District of Taizhou, Zhejiang Province, the Huangyan Grottoes have supplied stone since the Tang Dynasty for city walls, roads, bridges and homes, laying the physical foundations of local development. By the 1980s, however, quarrying came to an end, leaving behind vast hollowed-out caverns.

The turning point came in 2023, when a design team from Tsinghua University joined the revitalization effort. Through structural reinforcement, ecological restoration and creative redesign, the abandoned quarry was transformed into a network of art spaces, concert halls and cafes. Since opening in February this year, the site has attracted over 500,000 visitors, generating 11 million yuan (around $1.6 million) in tourism revenue by November.

“Development is the key to improving people’s livelihoods,” Chinese President Xi Jinping stressed at the general debate of the 76th session of the United Nations General Assembly in September 2021.

At the meeting, he proposed the Global Development Initiative, which calls for prioritizing development, adopting a people-centered approach, fostering innovation, promoting harmony between humanity and nature, and pursuing practical results to accelerate the implementation of the UN 2030 Agenda for Sustainable Development.

Since 2013, China has stepped up efforts to upgrade its traditional growth model, gradually forming a modern economic governance approach rooted in green development, committed to a people-centered philosophy, and powered by innovation.

A development model rooted in green, people-centered growth
The experience of Huangyan Grottoes illustrates this transformation, and it’s not an isolated case. Across China, cities and regions are tailoring strategies to local conditions, leveraging their unique resources to achieve industrial upgrading and sustainable growth.

In Panzhihua, a mining-based city, coal-related industries once made up 78 percent of industrial value in the West District, typifying a resource-dependent growth model. As this path became unsustainable, the district decisively shifted toward green transformation.

It phased out 13 enterprises with outdated capacity, shut down 133 polluting companies and dismantled 109 industrial stockyards. At the same time, it upgraded its industries toward new materials, new energy, advanced processing of vanadium-titanium steel and resource recycling.

The results are remarkable: from 2022 to 2024, both carbon emissions and intensity declined steadily. In 2024 emissions were about 303,500 tons of carbon dioxide, with intensity falling 24.8 percent annually. The district now aims to become a zero-carbon industrial zone within three years and is positioning itself to cultivate strategic industries in advanced materials and new energy.

Beyond industrial transformation, other regions in China have also actively leveraged their own cultural strengths to drive development.

In southwest China’s Guizhou Province, the grassroots football league known as “Cun Chao” has grown into a nationwide cultural phenomenon, attracting more than 5.19 million visitors, generating nearly 5.99 billion yuan in tourism revenue and creating over 12,000 flexible jobs. In Beidaihe, east China’s Hebei Province, the Aranya community built by the seaside has evolved into a creative hub, hosting theater, music and dance festivals and drawing designers and artists from across the country.

Gyula Thurmer, president of the Hungarian Workers’ Party, noted that despite global economic uncertainty, China’s economy has demonstrated strong resilience. He said China’s governance approach – rooted in people-centered policies and long-term vision – offers a compelling example for nations facing complex global challenges.

Providing opportunities for global growth
As the global economy faces rising uncertainty amid rising protectionism and geopolitical tensions, China has sought to inject stability through steady domestic growth and continued opening-up, providing more opportunities to the world.

Over the past five years, China has contributed roughly 30 percent of global economic growth annually on average, ranking among the top contributors worldwide. Its 1.4-billion-strong market offers vast potential for goods, services and investment, and the country has remained the world’s largest trader in goods for years.

In terms of international cooperation, landmark projects under the Belt and Road Initiative – including the Jakarta-Bandung High-Speed Railway, the China-Laos Railway and Greece’s Piraeus Port – have supported infrastructure upgrades, job creation and economic recovery in partner countries.

Meanwhile, China continues to shorten its negative list for foreign investment and hosts major platforms such as the China International Import Expo to share market opportunities with global businesses.

Hamid Moghadam, co-founder and CEO of Prologis, said growing demand from Chinese consumers represents “a tremendous opportunity” and that the prosperity of the Chinese market directly drives his company’s continued growth.

Rebeca Grynspan, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), has described China as a “very important example of development in the 20th and 21st century,” noting that UNCTAD “learns from China’s experience.”

For more information, please click here:
https://news.cgtn.com/news/2026-03-04/How-China-s-development-path-provides-a-model-for-global-growth-1Lf81YHvsKQ/p.html 

 

Cision View original content:https://www.prnewswire.com/news-releases/cgtn-how-chinas-development-path-provides-a-model-for-global-growth-302704705.html

SOURCE CGTN

BEIJING, March 4, 2026 /PRNewswire/ — As China’s annual Two Sessions gets underway, CGTN published an article analyzing how the country has advanced high-quality development through green transformation and innovation in recent years and how its model of sustainable growth offers a development path for emerging economies while creating new opportunities for the global economy.

Located in the Huangyan District of Taizhou, Zhejiang Province, the Huangyan Grottoes have supplied stone since the Tang Dynasty for city walls, roads, bridges and homes, laying the physical foundations of local development. By the 1980s, however, quarrying came to an end, leaving behind vast hollowed-out caverns.

The turning point came in 2023, when a design team from Tsinghua University joined the revitalization effort. Through structural reinforcement, ecological restoration and creative redesign, the abandoned quarry was transformed into a network of art spaces, concert halls and cafes. Since opening in February this year, the site has attracted over 500,000 visitors, generating 11 million yuan (around $1.6 million) in tourism revenue by November.

“Development is the key to improving people’s livelihoods,” Chinese President Xi Jinping stressed at the general debate of the 76th session of the United Nations General Assembly in September 2021.

At the meeting, he proposed the Global Development Initiative, which calls for prioritizing development, adopting a people-centered approach, fostering innovation, promoting harmony between humanity and nature, and pursuing practical results to accelerate the implementation of the UN 2030 Agenda for Sustainable Development.

Since 2013, China has stepped up efforts to upgrade its traditional growth model, gradually forming a modern economic governance approach rooted in green development, committed to a people-centered philosophy, and powered by innovation.

A development model rooted in green, people-centered growth
The experience of Huangyan Grottoes illustrates this transformation, and it’s not an isolated case. Across China, cities and regions are tailoring strategies to local conditions, leveraging their unique resources to achieve industrial upgrading and sustainable growth.

In Panzhihua, a mining-based city, coal-related industries once made up 78 percent of industrial value in the West District, typifying a resource-dependent growth model. As this path became unsustainable, the district decisively shifted toward green transformation.

It phased out 13 enterprises with outdated capacity, shut down 133 polluting companies and dismantled 109 industrial stockyards. At the same time, it upgraded its industries toward new materials, new energy, advanced processing of vanadium-titanium steel and resource recycling.

The results are remarkable: from 2022 to 2024, both carbon emissions and intensity declined steadily. In 2024 emissions were about 303,500 tons of carbon dioxide, with intensity falling 24.8 percent annually. The district now aims to become a zero-carbon industrial zone within three years and is positioning itself to cultivate strategic industries in advanced materials and new energy.

Beyond industrial transformation, other regions in China have also actively leveraged their own cultural strengths to drive development.

In southwest China’s Guizhou Province, the grassroots football league known as “Cun Chao” has grown into a nationwide cultural phenomenon, attracting more than 5.19 million visitors, generating nearly 5.99 billion yuan in tourism revenue and creating over 12,000 flexible jobs. In Beidaihe, east China’s Hebei Province, the Aranya community built by the seaside has evolved into a creative hub, hosting theater, music and dance festivals and drawing designers and artists from across the country.

Gyula Thurmer, president of the Hungarian Workers’ Party, noted that despite global economic uncertainty, China’s economy has demonstrated strong resilience. He said China’s governance approach – rooted in people-centered policies and long-term vision – offers a compelling example for nations facing complex global challenges.

Providing opportunities for global growth
As the global economy faces rising uncertainty amid rising protectionism and geopolitical tensions, China has sought to inject stability through steady domestic growth and continued opening-up, providing more opportunities to the world.

Over the past five years, China has contributed roughly 30 percent of global economic growth annually on average, ranking among the top contributors worldwide. Its 1.4-billion-strong market offers vast potential for goods, services and investment, and the country has remained the world’s largest trader in goods for years.

In terms of international cooperation, landmark projects under the Belt and Road Initiative – including the Jakarta-Bandung High-Speed Railway, the China-Laos Railway and Greece’s Piraeus Port – have supported infrastructure upgrades, job creation and economic recovery in partner countries.

Meanwhile, China continues to shorten its negative list for foreign investment and hosts major platforms such as the China International Import Expo to share market opportunities with global businesses.

Hamid Moghadam, co-founder and CEO of Prologis, said growing demand from Chinese consumers represents “a tremendous opportunity” and that the prosperity of the Chinese market directly drives his company’s continued growth.

Rebeca Grynspan, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), has described China as a “very important example of development in the 20th and 21st century,” noting that UNCTAD “learns from China’s experience.”

For more information, please click here:
https://news.cgtn.com/news/2026-03-04/How-China-s-development-path-provides-a-model-for-global-growth-1Lf81YHvsKQ/p.html 

 

Cision View original content:https://www.prnewswire.com/news-releases/cgtn-how-chinas-development-path-provides-a-model-for-global-growth-302704705.html

SOURCE CGTN

MEDFORD, Ore., March 4, 2026 /PRNewswire/ — How can engineers and municipalities manage water safely while maintaining reliable transportation routes? According to HelloNation, Precast Concrete Expert Scott Stavig explains that box culverts provide one of the most dependable infrastructure solutions for controlling water flow and protecting surrounding land. Stavig highlights how precast concrete culverts are designed to move water efficiently while supporting the structural load of vehicles, trains, and pedestrians. Their durability and adaptability make them an essential part of modern stormwater drainage and erosion control systems.

Stavig emphasizes that box culverts are valued for their strength and long-term performance. Unlike smaller round pipes that handle limited water flow, rectangular culverts can manage larger volumes, making them effective for streams, seasonal runoff, and major storm events. This capacity ensures safe passage of water beneath roads, railways, and pathways while protecting the integrity of the structures above.

The precast concrete construction process is another key advantage. Stavig explains that each box culvert is produced in a controlled environment, where curing and quality are carefully monitored. This method ensures consistent strength and resistance to wear over time. Once delivered to a project site, the culverts can be installed quickly, reducing road closures, lowering costs, and minimizing disruptions to the public.

Durability is central to their value as infrastructure solutions. Precast box culverts are engineered to withstand not only the pressure of heavy traffic but also the surrounding forces of soil and water. Stavig notes that their robust design helps prevent erosion, safeguarding both the infrastructure and the natural environment. By resisting long-term wear, they reduce the need for costly maintenance and provide communities with reliable stormwater drainage.

Selecting the right culvert requires careful consideration of site-specific factors. Stavig explains that soil conditions, water flow rates, and nearby utilities all play a role in determining the best design. Engineers who address these factors early in the planning phase ensure that the chosen culvert will perform as intended and avoid future complications. This detailed approach to design helps ensure both safety and efficiency.

Box culverts also support environmental balance. In many cases, they are designed to maintain natural streambeds, which allow fish and wildlife to move freely through the structure. Stavig highlights that this integration of environmental needs into infrastructure solutions makes them an effective option for public works projects that must cross sensitive waterways.

Communities across the country have adopted precast concrete culverts as a standard in infrastructure development. Stavig explains that their ability to combine water flow management with structural strength has earned them a trusted place in transportation projects of all sizes. Whether for a rural roadway or a major railway crossing, box culverts offer reliability, adaptability, and long-term protection against erosion.

The feature article, Box Culverts for Infrastructure Projects, highlights how Precast Concrete Expert Scott Stavig demonstrates the strength, efficiency, and environmental consideration of precast concrete culverts. His insights show why they remain one of the most effective infrastructure solutions available for stormwater drainage and erosion control.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-precast-concrete-expert-scott-stavig-explains-the-role-of-box-culverts-in-water-flow-management-302704632.html

SOURCE HelloNation

MEDFORD, Ore., March 4, 2026 /PRNewswire/ — How can engineers and municipalities manage water safely while maintaining reliable transportation routes? According to HelloNation, Precast Concrete Expert Scott Stavig explains that box culverts provide one of the most dependable infrastructure solutions for controlling water flow and protecting surrounding land. Stavig highlights how precast concrete culverts are designed to move water efficiently while supporting the structural load of vehicles, trains, and pedestrians. Their durability and adaptability make them an essential part of modern stormwater drainage and erosion control systems.

Stavig emphasizes that box culverts are valued for their strength and long-term performance. Unlike smaller round pipes that handle limited water flow, rectangular culverts can manage larger volumes, making them effective for streams, seasonal runoff, and major storm events. This capacity ensures safe passage of water beneath roads, railways, and pathways while protecting the integrity of the structures above.

The precast concrete construction process is another key advantage. Stavig explains that each box culvert is produced in a controlled environment, where curing and quality are carefully monitored. This method ensures consistent strength and resistance to wear over time. Once delivered to a project site, the culverts can be installed quickly, reducing road closures, lowering costs, and minimizing disruptions to the public.

Durability is central to their value as infrastructure solutions. Precast box culverts are engineered to withstand not only the pressure of heavy traffic but also the surrounding forces of soil and water. Stavig notes that their robust design helps prevent erosion, safeguarding both the infrastructure and the natural environment. By resisting long-term wear, they reduce the need for costly maintenance and provide communities with reliable stormwater drainage.

Selecting the right culvert requires careful consideration of site-specific factors. Stavig explains that soil conditions, water flow rates, and nearby utilities all play a role in determining the best design. Engineers who address these factors early in the planning phase ensure that the chosen culvert will perform as intended and avoid future complications. This detailed approach to design helps ensure both safety and efficiency.

Box culverts also support environmental balance. In many cases, they are designed to maintain natural streambeds, which allow fish and wildlife to move freely through the structure. Stavig highlights that this integration of environmental needs into infrastructure solutions makes them an effective option for public works projects that must cross sensitive waterways.

Communities across the country have adopted precast concrete culverts as a standard in infrastructure development. Stavig explains that their ability to combine water flow management with structural strength has earned them a trusted place in transportation projects of all sizes. Whether for a rural roadway or a major railway crossing, box culverts offer reliability, adaptability, and long-term protection against erosion.

The feature article, Box Culverts for Infrastructure Projects, highlights how Precast Concrete Expert Scott Stavig demonstrates the strength, efficiency, and environmental consideration of precast concrete culverts. His insights show why they remain one of the most effective infrastructure solutions available for stormwater drainage and erosion control.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-precast-concrete-expert-scott-stavig-explains-the-role-of-box-culverts-in-water-flow-management-302704632.html

SOURCE HelloNation

MEDFORD, Ore., March 4, 2026 /PRNewswire/ — How can engineers and municipalities manage water safely while maintaining reliable transportation routes? According to HelloNation, Precast Concrete Expert Scott Stavig explains that box culverts provide one of the most dependable infrastructure solutions for controlling water flow and protecting surrounding land. Stavig highlights how precast concrete culverts are designed to move water efficiently while supporting the structural load of vehicles, trains, and pedestrians. Their durability and adaptability make them an essential part of modern stormwater drainage and erosion control systems.

Stavig emphasizes that box culverts are valued for their strength and long-term performance. Unlike smaller round pipes that handle limited water flow, rectangular culverts can manage larger volumes, making them effective for streams, seasonal runoff, and major storm events. This capacity ensures safe passage of water beneath roads, railways, and pathways while protecting the integrity of the structures above.

The precast concrete construction process is another key advantage. Stavig explains that each box culvert is produced in a controlled environment, where curing and quality are carefully monitored. This method ensures consistent strength and resistance to wear over time. Once delivered to a project site, the culverts can be installed quickly, reducing road closures, lowering costs, and minimizing disruptions to the public.

Durability is central to their value as infrastructure solutions. Precast box culverts are engineered to withstand not only the pressure of heavy traffic but also the surrounding forces of soil and water. Stavig notes that their robust design helps prevent erosion, safeguarding both the infrastructure and the natural environment. By resisting long-term wear, they reduce the need for costly maintenance and provide communities with reliable stormwater drainage.

Selecting the right culvert requires careful consideration of site-specific factors. Stavig explains that soil conditions, water flow rates, and nearby utilities all play a role in determining the best design. Engineers who address these factors early in the planning phase ensure that the chosen culvert will perform as intended and avoid future complications. This detailed approach to design helps ensure both safety and efficiency.

Box culverts also support environmental balance. In many cases, they are designed to maintain natural streambeds, which allow fish and wildlife to move freely through the structure. Stavig highlights that this integration of environmental needs into infrastructure solutions makes them an effective option for public works projects that must cross sensitive waterways.

Communities across the country have adopted precast concrete culverts as a standard in infrastructure development. Stavig explains that their ability to combine water flow management with structural strength has earned them a trusted place in transportation projects of all sizes. Whether for a rural roadway or a major railway crossing, box culverts offer reliability, adaptability, and long-term protection against erosion.

The feature article, Box Culverts for Infrastructure Projects, highlights how Precast Concrete Expert Scott Stavig demonstrates the strength, efficiency, and environmental consideration of precast concrete culverts. His insights show why they remain one of the most effective infrastructure solutions available for stormwater drainage and erosion control.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-precast-concrete-expert-scott-stavig-explains-the-role-of-box-culverts-in-water-flow-management-302704632.html

SOURCE HelloNation

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