Tag Archives: China Life Insurance

China: Daily Scan, September 01, 2022

Senior Chinese official stresses accelerating media integration: Xinhuanet
August 30, 2022

Huang Kunming, a senior Communist Party of China (CPC) official, on Tuesday urged swifter action to deepen media integration and muster great strength to work together and achieve progress. Click here to read…

Former senior political advisor of Yunnan expelled from CPC: Xinhuanet
August 30, 2022

Huang Yi, a former senior political advisor of southwest China’s Yunnan Province, has been expelled from the Communist Party of China (CPC) over serious violations of Party discipline and laws, the country’s top anti-graft body announced Tuesday. Click here to read…

Former provincial official given life sentence for bribery: Xinhuanet
August 30, 2022

A court on Tuesday sentenced Song Liang, former vice governor of northwest China’s Gansu Province, to life in prison for accepting bribes. Song was deprived of his political rights for life, all of his personal property was confiscated, and his illegal gains from bribery were recovered and turned over to the state treasury, according to the intermediate people’s court of Leshan City, Sichuan Province. Click here to read…

China’s top legislature starts standing committee session: Xinhuanet
August 30, 2022

The Standing Committee of the 13th National People’s Congress (NPC), China’s top legislature, started its 36th session Tuesday in Beijing. Li Zhanshu, chairman of the NPC Standing Committee, presided over the session’s first plenary meeting, and delivered a report on the enforcement of the Environmental Protection Law. Click here to read…

Former senior provincial legislator expelled from CPC, office: Xinhuanet
August 30, 2022

Sun Guoxiang, a former vice chairman of the Standing Committee of Liaoning Provincial People’s Congress, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws, the country’s top anti-graft body announced Tuesday. Click here to read…

Three senior officials expelled from Party for graft: China Daily
August 30, 2022

Three senior officials have been expelled from the Communist Party of China over serious violations, the country’s top anti-graft bodies said on Tuesday. Sun Guoxiang, former vice-chairman of the Standing Committee of the Liaoning Provincial People’s Congress, was expelled from the Party and removed from his post, according to a statement issued by the Central Commission for Discipline Inspection and the National Supervisory Commission on Tuesday. Click here to read…

Chinese political advisors discuss promotion of exchanges among all ethnic groups: Xinhuanet
August 31, 2022

Chinese political advisors attending a consultation session in Beijing on Wednesday offered suggestions to promote interactions, exchanges and integration among all ethnic groups, and to strengthen the building of the community for the Chinese nation. Click here to read…

Top Chinese legislator calls for in-depth investigation, research from deputies: Xinhuanet
August 31, 2022

China’s top legislator Li Zhanshu on Wednesday called on his colleagues to carry out investigation and research by going deep into the realities of life so as to further improve their performance. Click here to read…

Chinese Red Cross donates 300,000 USD cash assistance for flood-affected people in Pakistan: Xinhuanet
August 31, 2022

The handover ceremony of 300,000 U.S. dollars in emergency cash assistance from the Red Cross Society of China (RCSC) to the Pakistan Red Crescent Society (PRCS) was held here on Tuesday night. On behalf of the RCSC, the Chinese Ambassador to Pakistan Nong Rong handed over the donation to the PRCS for assisting those affected by the recent floods in Pakistan. Click here to read…

China to further improve business environment, lower institutional transaction costs: Xinhuanet
August 31, 2022

China will take further steps to foster an enabling business climate and lower government-imposed transaction costs, to continuously ease the burden of market players and unleash their vitality, according to the decision made at the State Council’s Executive Meeting chaired by Premier Li Keqiang on Wednesday. Click here to read…

China’s internet users reach 1.05 billion: Xinhuanet
August 31, 2022

As of June, the amount of China’s netizens grew to approximately 1.05 billion, with the ratio of internet access coverage nationwide reaching 74.4 percent, according to a report released Tuesday. The weekly average time for internet usage stood at 29.5 hours per person, with 99.6 percent accessing the internet via mobile phones, said the report on China’s internet development released by the China Internet Network Information Center. Click here to read…

China’s annual marriage registrations drop at lowest since 1986: Global Times
August 31, 2022

Registrations of married couples in China in 2021 dropped below 8 million for the first time since 2003, and nearly half of them were aged 30 or above, latest data showed. With the number of people at prime marriage age declining in recent years and late marriage trending in China, having fewer married couples is a normal phenomenon and within expectations, demographers said, noting that China is still a universal marriage society as the average age of first marriage in the country is much earlier than that in many developed countries. Click here to read…

China opposes politicizing human rights as Bachelet steps down as UN human right chief: Global Times
August 31, 2022

China firmly opposes the release of the so-called Xinjiang-related report by the UN Human Rights Office, which is a pure stunt orchestrated by the US and a few other Western countries, and hopes the high commissioner will make the right decision, Foreign Ministry spokesperson Zhao Lijian said on Wednesday, the last day that Michelle Bachelet serves as the UN High Commissioner for Human Rights. Click here to read…

Chinese designers vow to make air-to-air missiles superior to foreign counterparts: Global Times
August 31, 2022

After some of China’s most powerful air-to-air missiles feared by the US have joined the recent exercises by the Chinese People’s Liberation Army (PLA) around the island of Taiwan, the chief designers of those missiles said that China’s current generation of missiles are leading the world, and the next generation of missiles will enjoy absolute superiority over their foreign counterparts. Click here to read…

China Communist Party to convene once-in-5-yrs congress on Oct. 16: Kyodo
August 31, 2022

China’s ruling Communist Party will convene on Oct. 16 its once-in-five-years congress, the official Xinhua News Agency said Tuesday, at which leader Xi Jinping is likely to secure a controversial third five-year term through 2027. Click here to read…

Chinese mainland reports 307 new local confirmed COVID-19 cases: Xinhuanet
September 1, 2022

The Chinese mainland on Wednesday reported 307 locally transmitted confirmed COVID-19 cases, of which 132 were in Sichuan Province, the National Health Commission said Thursday. Altogether 1,596 local asymptomatic carriers were newly identified on Wednesday, including 621 in Tibet and 212 in Qinghai, said the commission in its report. Click here to read…

Hong Kong to get more support in contribution to building of Belt and Road: People’s Daily
September 1, 2022

Hong Kong, as a participant, contributor, and beneficiary of the Belt and Road Initiative, will get more support in leveraging its unique advantages to participate in and contribute to the building of the initiative, according to the speakers at the seventh Belt and Road Summit that opened here Wednesday. Click here to read…

China’s humanitarian assistance for flood victims reaches Pakistan: China Military
September 1, 2022

China’s aid for flood victims of Pakistan reached the country’s southern port city of Karachi on Tuesday. The humanitarian assistance consisting of 3,000 tents was handed over to Pakistan at a ceremony held at the Karachi airport. Click here to read…

China urges US to dispel Nancy Pelosi ‘influence’: Taipei Times
September 1, 2022

A condition for the resumption of bilateral climate talks between China and the US is Washington dispelling the “negative influence” left by US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan last month, Beijing said yesterday. Click here to read…

China Communist Party to convene once-in-5-yrs congress on Oct. 16: Kyodo
August 31, 2022

China’s ruling Communist Party will convene on Oct. 16 its once-in-five-years congress, the official Xinhua News Agency said Tuesday, at which leader Xi Jinping is likely to secure a controversial third five-year term through 2027. Click here to read…

China expels ex-national security official from Communist Party: Reuters
September 1, 2022

A senior Chinese official formerly in charge of investigating corruption within the national security ministry has been expelled from the ruling Communist Party and from public office after being found guilty of corruption himself. Click here to read…

China may have committed crimes against humanity in Xinjiang, says U.N.: Reuters
September 1, 2022

China’s “arbitrary and discriminatory detention” of Uyghurs and other Muslims in its Xinjiang region may constitute crimes against humanity, the outgoing U.N. human rights chief said in a long-awaited report on Wednesday. U.N. High Commissioner for Human Rights Michelle Bachelet, who has faced criticism from some diplomats and rights groups for being too soft on China, released the report just minutes before her four-year term ended. She visited China in May. Click here to read…

China to publish detailed economic policy steps in early September: Reuters
September 1, 2022

China said it will publish detailed steps for newly announced economic policy measures in early September, suggesting an urgency for policymakers to revive the sluggish economy amid a resurgence of COVID and an embattled property sector. The government will lay out detailed plans to implement the 19 new policies it announced last week to support growth as recent factory activity surveys pointed to a further loss in momentum in the world’s second-largest economy in AugustClick here to read…

Former China Life Insurance chairman expelled from Communist Party: Reuters
September 1, 2022

Wang Bin, former chairman of China Life Insurance Co (601628.SS) and its former Communist Party chief, has been expelled from the party and dismissed from public office for bribery and corruption, China’s anti-graft watchdog said on Thursday.

Wang was found to have taken huge amounts of bribes and abused his power to seek benefit for others, the Central Commission for Discipline Inspection said in a statement on its website. Click here to read…

AMD says U.S. told it to stop shipping top AI chip to China: Reuters
September 1, 2022

Advanced Micro Devices Inc (AMD.O) on Wednesday said U.S. officials have told it to stop exporting its top artificial intelligence chip to China, according to a spokesman. The company said new license requirements prevent shipment of its MI250 chips to China but it believes its MI100 chips are not affected by the new requirement. The company said it does not believe the new rules will have a material impact on its business. Click here to read…