Tag Archives: blockchain

China: Daily Scan, June 9, 2022

China to remove bottlenecks in policy implementation to produce greater effects for keeping economic activity stable: Xinhuanet
June 8, 2022

Premier Li Keqiang urged greater efforts to remove barriers, improve support measures and better bring out the effects of the policies at the State Council Executive Meeting on Wednesday. Click here to read…

AIIB issues 1.5 bln yuan of panda bonds in China: Xinhuanet
June 8, 2022

The Asian Infrastructure Investment Bank (AIIB) has issued 1.5 billion yuan (about 225.11 million U.S. dollars) worth of panda bonds in China’s interbank bond market. They are the first sustainable development bonds that have been issued by an international institution in China. The National Association of Financial Market Institutional Investors approved launching sustainable development bonds in 2021. Click here to read…

Scientists stress water imbalance in Third Pole: Xinhuanet
June 8, 2022

Rapid climate warming has caused water imbalances in the Third Pole region, leading to greater water demand in densely populated downstream countries, according to a new studyClick here to read…

How China’s fiscal strength pushes ahead carbon goals: Quishi
June 8, 2022

Source: Xinhua Updated: 2022-06-08

China has aligned its fiscal strength with pro-ecology and low-carbon efforts to fast-track the pursuit of its carbon goals. A recent guideline issued by the Ministry of Finance has specified plans to buttress the goals of striving to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060. Click here to read…

China furthers efforts in wind, solar power: Quishi
June 8, 2022

China vows to speed up the construction of the second batch of massive wind and solar power projects in the Gobi Desert and other arid regions, according to a package of policy measures that aims to stabilize the economy announced by the State Council recently. Click here to read…

Stricter guidelines target bribery: China Daily
June 8, 2022

The National Supervisory Commission and the Supreme People’s Procuratorate have released details of typical bribery cases to guide the fight against the crime. The cases cover key areas for the central government to investigate bribery, including bidding and tendering, medical drugs, illegal mining and environmental protection. Click here to read…

China, Central Asia agree on broad cooperation covering BRI, trade and security at C+C5 FMs’ meeting: Global Times
June 8, 2022

China and five Central Asian countries achieved fruitful cooperation and broad consensus on issues covering the economy, trade and security during Wednesday’s third China+Central Asia (C+C5) foreign ministers’ meeting. Chinese analysts said the outcomes addressed the region’s most acute challenges of an economic downturn and the threat of a “color revolution” following the Russia-Ukraine conflict, and also smashed the US’ recent malicious attempt to pressure Central Asia with ideological tools in order to drive a wedge between China and the region. Click here to read…

PLA includes robots, drones in amphibious landing training for officer cadets: Global Times
June 8, 2022

Academies of the Chinese People’s Liberation Army (PLA) recently integrated a large number of unmanned and intelligent equipment including unmanned vehicles, drones and robots into the amphibious landing training for officer cadets, showing a high level of combat preparedness and what future amphibious landing warfare could be like. Click here to read…

China issues certification standards for GM crops in major boost for commercialization: Global Times
June 8, 2022

The Ministry of Agriculture and Rural Affairs on Wednesday issued two variety certification standards at the national level for genetically modified (GM) crops, including soybeans and corn, in what industry observers said a significant step in China’s legalization of GM crops as the country seeks to further bolster its food security. Click here to read…

India urged to provide level playing field for Chinese companies: Global Times
June 08, 2022

Chinese businesses held a video meeting on Wednesday, urging India to improve its business environment and phase in a level playing field for Chinese companies. In a meeting themed “Webinar on Compliance Operation of Chinese Enterprises in India” held by the Chinese Chamber of Commerce in India and the India China-Mobile-Phone Enterprise Association (CMA), the attending Chinese companies expressed concerns over tensions arising from the Indian government’s latest move to suppress Xiaomi. Click here to read…

Cambodia naval base to be used by PRC military: Taipei Times

June 8, 2022

A Cambodian naval base being constructed with the assistance of China is to include a portion for the exclusive use of the Chinese military, the Washington Post reported yesterday. The Chinese and Cambodian governments have previously denied reports that Cambodia would allow a Chinese military presence at the Ream Naval Base on the Gulf of Thailand. Click here to read…

China R&D key part of ‘global portfolio’, but technology leaks remain concern, report says: South China Morning Post
June 8, 2022

China’s vibrant innovation ecosystem makes it increasingly part of global research and development strategies for multinational companies, but concerns over technology leaks remain, a report said on Wednesday. Eyeing the sizeable market potential and the fast pace of the commercial application of research and development results in China, an overwhelming majority of European firms will increase spending in China this year, according to a report by the European Union Chamber of Commerce in China and the Berlin-based Mercator Institute for China Studies (Merics). Click here to read…

China adopts targeted measures to bolster foreign trade growth: Quishi
June 9, 2022

In the face of increasing external and internal disruption factors, China has adopted a slew of targeted measures to bolster the growth of its foreign trade sector. In an effort to help foreign trade firms navigate difficulties, the State Council, China’s cabinet, issued a guideline last month to improve services and provide more financial and fiscal support for the enterprises. Click here to read…

Shanghai relaxes hukou rules to attract more talent: China Daily
June 9, 2022

Shanghai will relax its household registration permit regulations from July by granting the permits, or hukou, to non-locals who’ve graduated from the world’s top 50 universities and work in the city, without requirements on the amount of social security paid beforehand. Click here to read…

BRICS cooperation leads the way to new era of global development: People’s Daily
June 9, 2022

In recent years, BRICS countries, namely Brazil, Russia, India, China and South Africa, have maintained sound momentum of economic and trade cooperation. With the growth rate of exports among them exceeding the global average, BRICS countries have made important contributions to promoting global economic recovery and high-quality development. Click here to read…

U.S. suspends three firms’ export privileges for alleged illegal exports to China: Reuters
June 9, 2022

The U.S. Commerce Department on Wednesday suspended the export privileges of three U.S.-based firms for 180 days for what it said was the illegal export of satellite, rocket and defense technology to China. Click here to read…

Parts of Shanghai impose new COVID lockdown measures: Reuters
June 9, 2022

Parts of Shanghai began imposing new lockdown restrictions on Thursday, with residents of sprawling Minhang district ordered to stay home for two days in a bid to control COVID-19 transmission risks. Minhang, home to more than 2 million people, will conduct nucleic acid tests for all residents on June 11, and restrictions will be lifted once the testing is completed, the government said on its WeChat account. Click here to read…

Chinese blockchain platform ChainMaker says it has new technology to keep it secure from quantum attacks: South China Morning Post
June 9, 2022

Chinese home-grown blockchain platform ChainMaker has been equipped with technology that can resist attacks from classical and quantum computers, according to state-owned China News Service. Developers of the enterprise blockchain – also known as Chang’An Chain – said the new technology further secures information transmission between financial institutions, making online transactions safer, the news agency reported on Monday. The system released in January last year is China’s first independent blockchain platform, developed by a state-backed Beijing consortium – the Beijing Academy of Blockchain and Edge Computing. Click here to read…