
CCTV+: A Pearl of Wisdom: Deqing's Aquaculture Legacy Gains Global Recognition
BEIJING, May 23, 2025 /PRNewswire/ -- On the crown of global agricultural heritage, a new jewel has been added. On May 19, news broke from the Food and Agriculture Organization of the United Nations (FAO) that the Zhejiang Deqing Freshwater Pearl Mussel Composite Fishery System, known as the "Deqing Pearl System", has been added to the Globally Important Agricultural Heritage Systems (GIAHS) list for 2025. It becomes China's first world-class agricultural cultural heritage project in aquaculture.
Heritage under the Ministry of Agriculture and Rural Affairs, is the earliest-recorded area for freshwater pearl farming. As early as the Southern Song Dynasty, it achieved artificial freshwater pearl cultivation.
At Xiaoshanyang in Fuxi Street, fish glide and mussels nestle with clear water. The leftover fish feed and excrement cultivate plankton algae, which feed the pearl-bearing Mussels and purify the water in return, forming an ecological cycle. FAO expert Aicha Bammoun said the system is a model of combining agricultural wisdom with modern conservation, reflecting the enduring vitality of Chinese agricultural civilization.
In recent years, Deqing has been promoting the "pearl+" full-industry-chain integration. Currently, Deqing's pearl deep-processing industry generates an annual output value of over 7 billion yuan, accounting for about one-tenth of the national total and providing employment for nearly 20,000 people.
Back in the late 1970s, Deqing began the systematic research on the origin of freshwater pearl farming. After more than 30 years of literature research and field surveys, it produced a series of results like "Proof of the Origin of Large-scale Cultivation of Artificial Pearls in Ancient China". In June 2017, the system was officially recognized as China's Important Agricultural Cultural Heritage by the Ministry of Agriculture and Rural Affairs. In September of the same year, Deqing launched the application for GIAHS. In 2019, it entered the GIAHS Preparatory List. In April this year, FAO experts conducted an on-site assessment in Deqing and finally confirmed its inclusion.
"As China's first GIAHS project in aquaculture, the Deqing Pearl System builds a new bridge for Chinese traditional agricultural wisdom to reach the global stage and has exemplary significance," said Min Qingwen, head of the Expert Committee on GIAHS under the Ministry of Agriculture and Rural Affairs. He added that the successful heritage application is just the beginning, and continued exploration and promotion of the system's value are needed.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Korea Herald
a day ago
- Korea Herald
China to Host Global Tech Visionaries at GSMA MWC25 Shanghai: Asia Pacific's Flagship Mobile Tech Event Reveals Speaker Lineup and Programme Highlights
LONDON, June 6, 2025 /PRNewswire/ -- GSMA MWC25 Shanghai promises to be a defining moment for Asia Pacific's technology market as innovators, policymakers and business leaders from around the world get ready to converge at the Shanghai New International Expo Centre (SNIEC) and Kerry Hotel Pudong, on 18-20 June 2025. With China cementing its status as a global powerhouse of mobile technology – and the world's largest 5G market – MWC25 Shanghai will explore how 5G, AI, and IoT are transforming industries and accelerating a new era of intelligent, connected growth. MWC Shanghai brings together global operators, vendors, solutions-providers and the Chinese connectivity ecosystem. Mobile connectivity is projected to contribute $2 trillion to China's economy and nearly $11 trillion to global GDP by 2030, advancing productivity and enabling smarter and more sustainable societies. These themes will be front and centre at MWC25 Shanghai, which will gather some of the most influential technology and business voices in Asia Pacific. Confirmed keynote speakers include: New and Highlighted Features at MWC25 Shanghai include: GSMA Policy Leaders Forum: Coming to MWC Shanghai for the first time, the PLF is an exclusive forum where global policymakers and industry leaders will gather to discuss policy and regulation. Topics will include the impact and opportunities of AI, closing the digital divide, as well as mobile and AI's convergence and its future potential towards 6G. In addition, discussions will include factors that enabled China's rapid evolution to 5G-Advanced and digital connectivity and, the digital transformation incentives needed for the growth of digital nations.

Korea Herald
a day ago
- Korea Herald
Noah Holdings and ARK Wealth Outline Strategic Wealth Allocation Framework for Navigating Market Volatility at Financial Forums in Hong Kong
HONG KONG, June 6, 2025 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, and its internationally focused subsidiary, ARK Wealth Management, delivered key strategic insights on navigating unprecedented market volatility at two premier financial forums in May 2025. Co-Founder and CEO of Noah, Zander Yin, and CFO of Noah and CEO of ARK Hong Kong, Grant Pan, outlined Noah's strategic wealth management framework while addressing the fundamental challenges facing high-net-worth investors in today's complex global environment. Strategic Framework for Market Uncertainty Speaking at the 3rd Greenwich Economic Forum Hong Kong on May 22 and Asian Private Banker's China Global Wealth Summit on May 28, Yin addressed the multipolar order, economic decoupling, and AI disruption: "Our clients face a stark choice: accept investment risk or watch cash erode to inflation. Recent survey data from the tariff-themed private roundtable we recently hosted further supports this with 38% of our entrepreneur clients ranking 'market uncertainty' as their top concern and over 80% prioritizing risk mitigation." To address this, Noah has developed the Strategic Asset Allocation Pyramid Model. This model anchors the base of client portfolios with identity, trust, and wealth preservation and builds upon them with selective long-term growth opportunities in technology and real assets. "After 22 years in wealth management, our mission extends beyond selecting the right products for clients," Yin commented. "We empower them with a smarter, more resilient approach to wealth management through ongoing investor education." Yin also highlighted two core investment principles for navigating volatile markets: maintaining liquidity and agility—the ability to act quickly when opportunities arise, and avoiding emotional traps such as pessimism, fear, and excessive defensiveness, which often erode long-term returns more than strategic missteps. Alternative Investments Drive Growth Alternative investments in private equity, venture capital, and other alternatives now comprise two-thirds of Noah's AUM, driven by Chinese entrepreneurs' appetite for differentiated, long-term strategies. During the China Global Wealth Summit panel "Alternatives in Focus," Yin noted that alternative investments have become a key pillar of Noah's product offerings, not only for returns, but as part of holistic planning. These investments form the top layer of the Strategic Asset Allocation Pyramid Model, representing the long-term growth component that complements the foundational layers of identity, trust, and wealth preservation. He also cited increasing demand for semi-liquid structures like evergreen and multi-strategy funds, which are making alternatives more accessible to private clients. Yin also addressed two persistent challenges Chinese investors face in global alternatives: information asymmetry and cognitive gaps. "If clients don't understand a strategy, they won't invest," Yin explained. "Wealth managers and family office professionals have a duty to bridge that gap through education, transparency, and consistent communication." Geographic Diversification Strategy Pan outlined how current tariff policies are influencing investment decisions among Noah's predominantly entrepreneurial client base at the Greenwich Economic Forum, with 70% being small-to-medium business owners often engaged in international trade. "Clients are increasingly looking to allocate assets to regions other than China and the US—the traditional destinations. This represents a clear mindset shift from pursuit of highest returns to balanced portfolios based on risk perspective—a significant improvement in asset allocation strategy," Pan explained. Pan outlined key strategic recommendations for today's complex environment: Pan also highlighted how these trends directly align with Noah's international expansion strategy with three overseas booking centers currently operational or in development in Shanghai, Hong Kong, Singapore, and the U.S. Noah is evaluating further development opportunities in Europe and the Middle East, subject to regulatory clarity and geopolitical stability. Noah and ARK remain committed to supporting global Chinese high-net-worth investors and family offices through informed, globally connected, and professionally guided wealth solutions. ABOUT THE GREENWICH ECONOMIC FORUM – HONG KONG Set in Asia's largest alternative investment hub, GEF-Hong Kong gathers approximately 300 - 400 C-Suite leaders from finance, business, academia, and policy sectors across global markets. Attendees dive into an intensive day of networking, deal-making, and thought leadership at the premier global conference focusing on alternative investments. This year's forum featured renowned economist Nouriel Roubini, known for predicting the 2008 financial crisis and for his incisive analysis of global macroeconomic risks. His participation underscores the forum's global relevance and intellectual depth. The Greenwich Economic Forum is widely recognized as one of the most influential gatherings in the global investment community. With its roots in the financial epicenter of Greenwich, Connecticut, and successful global editions in London and Hong Kong, GEF fosters frank, off-the-record dialogue among decision-makers shaping the future of capital markets, geopolitics, and sustainable finance. ABOUT CHINA GLOBAL WEALTH SUMMIT The China Global Wealth Summit is a new international conference that will focus on how the wealth management industry in Greater China is adapting to serve the offshore investment and non-financial needs of global Chinese clients. The conference will bring together global and China-based private banks and wealth institutions with their (U)HNW clients. It will feature high-level Keynote Speeches, on-stage interviews and panel discussions that showcase the growth of the offshore Chinese client base, and the investment and non-financial solutions that wealth managers and advisors can bring to the demands of their clients. ABOUT NOAH HOLDINGS LIMITED and ARK Wealth Management Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah's American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol "NOAH," and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code "6686." One ADS represents five ordinary shares, par value $0.00005 per share. ARK Wealth Management, a core subsidiary under Noah Holdings Limited, is a leading provider of global wealth management services, offering one-stop financial solutions for high-net-worth global Chinese families and institutions. With a client-centric philosophy that emphasizes independence and professionalism, ARK consistently innovates its product offerings and services to address the evolving needs of its clients, delivering sophisticated wealth management strategies with a goal of becoming the preferred wealth management platform for global Chinese investors. ARK Wealth Management currently has over USD 8.7 billion in assets under advisement (AUA). With service centers in multiple countries and regions, ARK's team of 140+ global investment advisors focus on providing tailored, localized financial services to clients.


Korea Herald
a day ago
- Korea Herald
Korean shipbuilders suffer 35% drop in orders through May: report
South Korean shipbuilders saw a 35 percent year-on-year drop in new orders from January to May, according to shipping industry tracker Clarkson Research Services on Thursday. During the five-month period, Korean shipbuilders secured a total of 3.81 million compensated gross tonnage, representing 24 percent of the global market — second to China, which led with 7.86 million CGT, or 49 percent. The decline is partly attributed to selective order-taking, as Korea's major shipbuilders — HD Hyundai Heavy Industries, Hanwha Ocean and Samsung Heavy Industries — have prioritized high-value-added vessels such as liquefied natural gas carriers rather than container ships. Their docks are currently occupied with orders scheduled for delivery over the next three years. However, the drop in orders is also reflects a sharp downturn in the global shipbuilding market. Total new global orders during the period fell 45 percent from a year earlier to 15.92 million CGT, raising concerns among some industry observers about the possibility of the current market cycle slowing in the coming years. Industry sources noted that many shipping companies are delaying new orders amid uncertainties in global trade and falling freight rates, driven in part by ongoing geopolitical tensions between the US and China. The Shanghai Containerized Freight Index, a widely used indicator of shipping rates, exceeded 3,000 in June last year but dropped to just over 1,200 in May this year. Although it has seen a sharp rise over the past three weeks, securities firms suggest this is a temporary increase driven by the US' short-term tariff deferral on Chinese goods. As a result, Korean shipbuilders saw a decrease in their backlog, with total outstanding orders falling by 8 percent, or 3.09 million CGT, compared to the same period last year. As of early June, HD Korea Shipbuilding & Offshore Engineering — parent company of HD Hyundai Heavy Industries and two other smaller shipbuilders — had only achieved 38.7 percent of its annual order target of $18 billion. Samsung Heavy Industries had reached 27 percent of its full-year sales goal of $9.8 billion.