China issues IPR protection, application plan for 2021-2025 period: Xinhuanet
November 3, 2021
China has recently issued a major plan on IPR protection and application work for the 14th Five-Year Plan period (2021-2025), highlighting innovation, application and protection in the sector, according to IPR authorities. The plan is a blueprint with detailed targets and measures for the country to embark on a journey to strengthen its intellectual property undertakings, the National Intellectual Property Administration (NIPA) said. Click here to read…
China to regulate business operations of police family members: Xinhuanet
November 3, 2021
Chinese police authority regulates business operations by family members of police officers as it released a document listing business areas to be avoided.The negative list, published by the Ministry of Public Security (MPS), delineated five areas in which police officers’ spouses, children and their spouses are banned from entering. Click here to read…
China seeks to expand IoT applications into more areas: People’s Daily
November 4, 2021
China plans to have more than 2 billion connections for its Internet of Things (IoT) by 2023, according to an action plan jointly formulated and released by the Ministry of Industry and Information Technology (MIIT) and seven other ministries. Click here to read…
11 nabbed over money scam using digital currency: China Daily
November 4, 2021
Police in Xinmi in Central China’s Henan province have detained 11 suspects after cracking down on the country’s first money laundering case using digital currency. “The crackdown has opened a new battlefield to fight against money laundering in the country,” said Xinmi police in their official WeChat account on Wednesday. Click here to read…
UN General Assembly panel adopts China’s draft arms-control resolution: China Daily
November 5, 2021
The First Committee of the 76th United Nations General Assembly passed a draft resolution on arms control submitted by China on Wednesday. It was the first time in 30 years that China proposed a measure on international arms control and disarmament issues at the UN. The draft resolution “Promoting International Cooperation on Peaceful Uses in the Context of International Security” says that “all countries have the right to exchange equipment, materials, and science and technology for peaceful purposes, and that all countries should take concrete measures to promote peace while fulfilling their obligations to prevent the proliferation of weapons of mass destruction and their means of delivery”.Click here to read…
Latest blasts in Kabul deepen concerns over security; Taliban govt urged to take stronger measures in fighting terrorism: Global Times
November 3, 2021
Explosions at the biggest military hospital in Kabul, Afghanistan, which killed at least 25 people and injured more than 50 on Tuesday, deepened the international community’s concerns over the security situation and stability in Afghanistan. Analysts urged the Afghan Taliban interim government to take stronger moves to crack down on terrorism before more extremists are stirred up and drive the war-torn country into a hotbed of terrorism and extremism. Click here to read…
Xi Jinping vows to address trade practice concerns as China seeks to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership: South China Morning Post
November 4, 2021
Chinese President Xi Jinping criticised protectionism and unilateralism on Thursday, promising to address concerns about China’s trade practices as the country seeks to join a Pacific Rim trade bloc. “China supports the reform of the World Trade Organization in the right direction, the inclusive development of the multilateral trading system, and the legitimate rights and interests of the developing members,” Xi said, adding that China would push forward its efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). and the Digital Economy Partnership Agreement.
In a video address to the China International Import Expo (CIIE) in Shanghai, Xi said China has “fully fulfilled the commitments it made when joining the WTO in 2001”. Click here to read…
Beijing orders fresh batch of apps, including some run by Tencent and Alibaba, to rectify violations as regulatory crackdown continues: South China Morning Post
November 3, 2021
China’s Ministry of Industry and Information Technology (MIIT) has ordered 38 apps, including news and music services apps run by Chinese tech giant Tencent Holdings, as well as popular social media platforms such as Xiaohongshu, to rectify violations related to excessive data collection and publishing misleading information, as Chinese authorities maintain a regulatory crackdown. Click here to read…
Top Hong Kong court rules against government bid to expand riot prosecutions: Reuters
November 4, 2021
Hong Kong’s top court on Thursday quashed attempts by the city’s government to prosecute people for rioting or illegal assembly even without being present at the scene – a ruling lawyers described as a landmark. The five-judge panel in Hong Kong’s Court of Final Appeal, headed by Chief Justice Andrew Cheung, unanimously rejected an earlier ruling by a lower appeal court that people, such as supporters, could be criminally liable without being actually present under the common law doctrine of “joint enterprise”.Click here to read…
Chinese developers’ shares, bonds stumble again as Kaisa, units suspended: Reuters
November 5, 2021
A rout in shares and bonds of Chinese property developers deepened on Friday as Kaisa Group Holdings Ltd (1638.HK) and three of its units had their shares suspended, a day after Kaisa said an affiliate had missed a payment on a wealth management product. Shenzhen-based homebuilder Kaisa, which has guaranteed the wealth management product, said in a statement on Thursday it is facing unprecedented liquidity pressure due to a challenging property market and rating downgrades. Click here to read…