China: Daily Scan, November 22, 2022

China promotes int’l cooperation on remote sensing data services: Xinhuanet
November 21, 2022

The China National Space Administration (CNSA) on Monday launched a national platform for remote sensing data and application services in Haikou, capital city of the southern island province of Hainan. Click here to read…

China’s financial hub Shanghai plans to boost 5G coverage: Xinhuanet
November 21, 2022

China’s financial hub Shanghai is expected to have over 77,000 5G base stations by the end of 2023 as part of the city’s efforts to boost 5G coverage, local authorities said. More than 4,000 commercial buildings and major public buildings would achieve indoor 5G coverage, and 90 percent of the city would have access to 5G services by the end of next year, according to an action plan released by the Shanghai Communications Administration. Click here to read…

China unveils plan to shore up industrial economy: Xinhuanet
November 21, 2022

China will roll out a slew of measures to sustain the recovery momentum of the industrial economy, according to a circular released on Monday. Industry, region and enterprise-specific measures will be adopted to secure the sound development of key industries, boost coordinated regional development, and inject vitality into industrial enterprises, per the document jointly issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the State-owned Assets Supervision and Administration Commission of the State Council. Click here to read…

China rolls out rules on mental health support for people in home quarantine, vulnerable groups: Global Times
November 21, 2022

Chinese officials have underscored mental health support for those subject to COVID-19 quarantine or health monitoring to avoid stress-triggered extreme events in its newly released anti-COVID guidelines, requiring special attention to vulnerable groups such as pregnant women, the elderly and those with underlying diseases. Click here to read…

China aims to establish new global partnership in space exploration, innovation: Xinhuanet
November 21, 2022

China is aiming to establish a new global partnership in space exploration and innovation, in an effort to build a community with shared future for humanity in outer space, according to a statement issued by the China National Space Administration (CNSA) on Monday. Click here to read…

Five financial experimental zones set up in China’s Yangtze River Delta region to inspire tech innovation: Global Times
November 21, 2022

The People’s Bank of China (PBC), the central bank, and other seven government departments co-issued a document on Monday on setting up five financial experimental zones for technological innovation in Shanghai and four nearby cities in the Yangtze River Delta region. Click here to read…

36 killed, 2 missing in central China plant fire: Xinhuanet
November 22, 2022

Thirty-six people were killed and two others remain missing after a fire occurred at a plant in central China on Monday afternoon, local authorities said Tuesday. The fire broke out at 4:22 p.m. Monday at the plant of a commerce and trade company in Wenfeng District of Anyang City, Henan Province. Firefighters put out the fire at around 11 p.m. Monday, according to the city’s publicity department. Click here to read…

Chinese mainland reports 2,145 new local confirmed COVID-19 cases: Xinhuanet
November 22, 2022

The Chinese mainland on Monday reported 2,145 locally transmitted confirmed COVID-19 cases, the National Health Commission said Tuesday. Altogether 25,754 local asymptomatic carriers were newly identified. Click here to read…

Returnees, grads seeking State jobs: China Daily
November 22, 2022

Although around a million of the overseas students who returned to China last year found work in innovative sectors or launched start-ups, grassroots jobs in the civil service or at the community level have also emerged as a popular choice for many. Click here to read…

China Defence unveiled at 11th international defense expo in Pakistan: China Military
November 22, 2022

The 11th edition of the International Defense Exhibition and Seminar (IDEAS) was held in Pakistan’s southern port city Karachi for four days from November 15 to 18. The exhibitor group “China Defence” has drawn the attention of multiple delegations and exhibitors, featuring strong Chinese characteristics, a unified national exhibitor group, a series of advanced equipment displays, etc. Click here to read…

CBIRC chairman refutes overseas media reports about domestic real estate crisis: Global Times
November 22, 2022

Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), has refuted overseas media reports that China is experiencing a real estate crisis, saying that China’s fixed-asset investment still has great potential for growth. Click here to read…

Securities regulator details construction of modern capital market with Chinese characteristics: People’s Daily
November 22, 2022

China’s top securities regulator on Monday detailed the construction of a modern capital market with Chinese characteristics. Efforts should be made to grasp the logic of valuation for different types of listed companies, and to explore ways to build a valuation system with Chinese characteristics so that the market plays a better role in resource allocation, Yi Huiman, chairman of the China Securities Regulatory Commission, said at this year’s Financial Street Forum annual conference. Click here to read…

HKSAR to elect deputies to national legislature in December: People’s Daily
November 22, 2022

The Hong Kong Special Administrative Region (HKSAR) will elect 36 deputies to the 14th National People’s Congress (NPC), China’s top legislature, on Dec. 15, according to a decision by the presidium meeting of the Conference for Electing Deputies of the HKSAR to the 14th NPC on Monday. Click here to read…

Six former staff of Hong Kong newspaper plead guilty to conspiracy to commit collusion: Reuters
November 22, 2022

Six former staff of Hong Kong’s defunct pro-democracy newspaper Apple Daily pleaded guilty on Tuesday to conspiracy to commit collusion with foreign forces in a closely watched national security case. The six pleaded guilty to conspiring with media tycoon Jimmy Lai and other people to request a foreign country or organisation “to impose sanctions or blockade, or engage in other hostile activities” against the Hong Kong and Chinese governments between July 2020 and June 2021. Click here to read…

U.S., China defence ministers meet for second time this year: Reuters
November 22, 2022

The Chinese and U.S. defence ministers met for their second face-to-face talks this year on Tuesday, a U.S. official said, in a meeting that was not expected to lead to major breakthroughs but could touch on the importance of crisis communication and their opposing views on Taiwan. Click here to read…

Debt-laden China Evergrande gives back land sites to Wuhan city: Reuters
November 22, 2022

A Chinese municipal district said it had taken back 134,500 hectares (332.4 acres) of land formerly held by a unit of debt-laden developer China Evergrande Group and had made no payment for doing so. The government of Jiangxia District in the central city of Wuhan retrieved its land-use rights over the undeveloped sites at the Evergrande Technology Tourism City on November 16, according to a statement by the district’s Planning and Natural Resources Bureau. Click here to read…

Chinese vice premier stresses immediate measures to contain COVID-19 outbreak: Xinhuanet
November 22, 2022

Chinese Vice Premier Sun Chunlan has stressed the importance of taking immediate action to contain current COVID-19 epidemic without delay. Sun made the remarks on Monday in an inspection of southwest China’s Chongqing Municipality to guide local COVID-19 prevention and control work. Click here to read…

China to cut tax for more anti-cancer, rare-disease drugs: Xinhuanet
November 22, 2022

China will cut to 3 percent the value-added tax on the imports and the domestic production and circulation of more anti-cancer and rare-disease drugs. Starting on Dec. 1, a total of 71 such drugs and active pharmaceutical ingredients will benefit from the tax reduction, according to a statement jointly issued by the Ministry of Finance and other government agencies. Click here to read…