Xi stresses sound development of digital economy: Xinhuanet
October 19, 2021

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has called for grasping the trend and law of digital economic development and pushing forward the sound development of the digital economy in the country. Xi made the remarks on Monday when presiding over a study session of the Political Bureau of the CPC Central Committee. Click here to read…

China deliberates draft amendment to Anti-monopoly Law: Xinhuanet
October 19, 2021

A draft amendment to the Anti-monopoly Law was submitted on Tuesday to the ongoing session of the Standing Committee of the National People’s Congress, China’s top legislature, for the first reading. The draft amendment clarifies the basic position of competition policy and the legal status of the fair-competition review system. Click here to read…

China launches campaign against internet-user account malpractice: Xinhuanet
October 19, 2021

Cyberspace Administration of China (CAC) has launched a campaign with aims to effectively solve prominent problems in the operation of internet user accounts. User accounts for instant messaging, news and information, live streaming, online gaming, e-commerce and other types of online platforms will be the focus of the campaign, said the CAC on Tuesday. Click here to read…

IPR regulator steps up building think tanks: China Daily
October 18, 2021

China’s top regulator of intellectual property rights said it is advancing the building of IPR think tanks to meet goals in a central plan and help the country effectively solve IPR-related problems in the new era. Click here to read…

CPC appoints seven to key Party posts: China Daily
October 20, 2021

The Communist Party of China Central Committee announced the appointment of new Party secretaries for two autonomous regions and five provinces on Tuesday. Wang Junzheng, former Party chief of the Xinjiang Production and Construction Corps, has been appointed Party secretary of the Tibet autonomous region, the CPC Central Committee said.
Click here to read…

Five CUHK students get up to 59 months’ jail over riots: China Daily

The District Court on Tuesday sentenced five Chinese University of Hong Kong students to up to four years and 11 months in prison for their roles in the rioting that took place at the university’s campus in 2019. The five defendants, aged between 20 and 23, were arrested for participating in the violent clashes with the police force on a bridge at the CUHK on Nov 11, when the city was rocked by months-long social unrest. Click here to read…

Social media accounts of fake government organizations and zombie fans among main targets of China’s top cyberspace regulator campaign: Global Times
October 20, 2021

The Cyberspace Administration of China (CAC), China’s top cyberspace regulator, held a working meeting on Monday on the “Clear and Bright” campaign and stressed certain accounts as major targets, including the accounts of banned users and “zombie followers” of celebrities. Owners of illegal accounts that were shut down according to the law and platform rules are not allowed to open new accounts with the same or similar names. The owner should be banned from registering for a new account for a period based on the severity of the violations, according to the meeting of the CAC. Click here to read…

China’s top economic planner vows ‘all necessary means’ to curb ‘irrational’ coal prices: Global Times
October 19, 2021

China’s top economic planner on Tuesday vowed to resort to all necessary means based on the country’s price law, mulling concrete measures to intervene in coal prices, as the official stance grows harsher on runaway coal prices that have put energy supplies at stake. The National Development and Reform Commission (NDRC) said that coal prices have become completely divorced from the fundamentals of supply and demand and as the heating season approaches, prices are still showing a further trend of irrational rises. Click here to read…

China sends in 100 rocket launchers to fortify border with India: South China Morning Post
October 19, 2021

China has deployed more than 100 advanced long-range rocket launchers to its high-altitude borders with India, according to a source close to the Chinese military, as the two sides remain deadlocked over their protracted boundary disputes. The source said the People’s Liberation Army was ramping up defences in preparation for the Himalayan winter and in response to the Indian Army’s deployment of three regiments with M777 ultra-light howitzers along the contested Line of Actual Control (LAC) with China. Click here to read…

China’s property, construction sectors contract as Evergrande crisis, tougher regulation hit home: South China Morning Post
October 19, 2021

China’s property and construction sectors contracted in the third quarter for the first time since the start of the coronavirus pandemic, hurt by a slump in real estate as the China Evergrande Group debt crisis and the effects of Beijing’s tougher property market regulation spread to other parts of the economy. Output in the real estate and construction industries shrank 1.6 per cent and 1.8 per cent respectively in the third quarter of 2021, according to a supplemental report on China’s gross domestic product released by the National Bureau of Statistics (NBS) on Tuesday. Click here to read…

China’s Canton Fair wraps up, but exporters lament the lack of foreign buyers: South China Morning Post
October 20, 2021

Canton Fair participants said global inflation was the biggest risk for their businesses as they attended the biannual trade event in person for the first time in three exhibitions.

The five-day fair – the largest of its kind in China – kicked off last Friday in Guangzhou, but many Chinese exhibitors said they were disappointed at the lack of foreign buyers, with some packing up and leaving early on the last day of the fair on Tuesday. Many exporters taking part in the exhibition, especially small and medium-sized enterprises (SMEs), said they had not signed up or approached new foreign buyers during the event, while domestic buyers showed little interest in placing orders. Click here to read…

China updates official news sources list to tighten information oversight: Reuters
October 20, 2021

The Cyberspace Administration of China (CAC), the country’s top internet regulator, published an updated list on Wednesday of 1,358 internet news services, stating that information service providers can only reprint news from these sources. The list arrives amid a regulatory crackdown on a range of industries from Chinese authorities, including the media sector. Click here to read…

Chinese vice premier stresses importance of improving textbook quality: Xinhuanet
October 13, 2021

Chinese Vice Premier Sun Chunlan on Tuesday urged accelerated efforts to build a high-quality textbook system to serve students’ all-round development. Sun, also head of the national textbook committee, made the remarks at a national meeting on work related to textbooks. Click here to read…

Chinese FM calls on G20 to contribute to Afghan peace, stability: Xinhuanet
October 13, 2021

Chinese President Xi Jinping’s special representative Wang Yi on Tuesday said the G20 should give full play to its own advantages to contribute to the peace, stability, prosperity and development of Afghanistan and the region. Wang, also Chinese state councilor and foreign minister, made the remarks via video link at an extraordinary G20 leaders’ summit on the Afghanistan issue. Click here to read…

Chinese FM attends CICA foreign ministers’ meeting: Xinhuanet
October 12, 2021

Chinese State Councilor and Foreign Minister Wang Yi Tuesday attended the sixth foreign ministers’ meeting of the Conference on Interaction and Confidence Building Measures in Asia (CICA) via video link in Beijing. Noting China has always been a participant and promoter of the CICA process, Wang said China stands ready to make new and greater contributions to promoting CICA cooperation. Click here to read…

China to beef up support for college student entrepreneurship, innovation: Xinhuanet
October 12, 2021

China will support the entrepreneurship and innovation of college students with renewed efforts, according to a set of guidelines released by the General Office of the State Council. Hailing college students as a vibrant force of entrepreneurship and innovation, the guidelines called for measures to create a more favorable environment for business startups and innovative projects launched by college students. Click here to read…

CPC launches governance inspection in 8 provincial-level regions: Xinhuanet
October 12, 2021

China has launched an inspection of the building of law-based government in eight provincial-level regions, according to central authorities. Inspectors from over 20 departments, including the rule-of-law and disciplinary authorities, were dispatched on Tuesday to Beijing, Tianjin, Jilin and other five regions. Click here to read…

Amended laws to guarantee people are masters of the nation: China Daily
October 13, 2021

China has been stepping up efforts to amend laws involving the people’s congress system to further guarantee the people are masters of the nation and implement whole-process people’s democracy. The amendments not only keep the country’s important system running by rule of law, but also meet new needs of the people and social development, senior legislators said. Click here to read…

Huawei expands to four new businesses amid survival battle: Global Times
October 12, 2021

Amid falling smartphone sales and a shrinking telecom market share globally, Chinese tech giant Huawei set up units in four new segments to boost technologies for customs and ports, smart highways, data centers and solar energy, as the US’ sanctions against the company persist. Click here to read…

China’s top real estate industry body to hold meeting on issues in housing market amid Evergrande crisis: Global Times
October 12, 2021

China’s top real estate industry body is planning to convene a meeting of industry leaders on Friday to address issues in the housing market, as debt troubles at Evergrande Group continue to spark concerns and speculations about the country’s property sector.

The China Real Estate Association plans to hold an internal meeting on Friday in Beijing to evaluate difficulties and challenges faced by real estate companies, a source close to the matter confirmed with the Global Times on Tuesday. Click here to read…

China ‘overly optimistic’ on relations with US, says Beijing adviser: South China Morning Post
October 12, 2021

A government adviser in Beijing has cautioned against being too optimistic about signs of a thaw in relations with Washington, saying the US will not stop trying to contain China.

Shi Yinhong, an international relations professor at Renmin University and adviser to the State Council, China’s cabinet, said consensus would be hard to reach given the nations’ long-standing differences. The world’s two biggest economies are at loggerheads over a long list of issues, from trade and technology to the origins of the pandemic, human rights, and China’s territorial claims. Click here to read…

Harvard moves Chinese language programme from Beijing to Taipei: South China Morning Post
October 12, 2021

Harvard is moving its Chinese language programme from Beijing to Taipei next year, its organiser said. Jennifer Liu, director of the Harvard Beijing Academy summer study abroad programme, told student newspaper The Harvard Crimson that the decision was made because of a perceived lack of friendliness from the host institution, Beijing Language and Culture University (BLCU). Click here to read…

China coal prices hit record high as floods add to supply woes: Reuters
October 13, 2021

China’s thermal coal prices surged to fresh record highs on Wednesday as recent floods in key coal producing province Shanxi worsened a supply crunch, just as new efforts by Beijing to liberalise power prices boosted demand from power generators. China, the world’s largest coal consumer, has been grappling with a growing energy crisis brought on by shortages and record high prices for the fuelClick here to read…

China achieves remarkable results in pollution control, says white paper: Xinhuanet
October 8, 2021

Through an increasing effort to combat pollution, China has achieved remarkable results in pollution control, according to a white paper released Friday by the State Council Information Office. Having announced a battle against pollution, the country has improved the quality of air, water and soil, said the white paper titled “Biodiversity Conservation in China.” Click here to read…

Chinese ambassador shares seven buzzwords to showcase fast-changing China: Xinhuanet
October 7, 2021

Chinese Ambassador to the United States Qin Gang on Wednesday shared with Americans seven buzzwords that are currently popular in China to illustrate what is going on in his country. “The buzzwords I shared with you today reflect the changing and unchanging elements in our values when China experiences rapid economic growth and profound social transformation,” said Qin in his keynote speech at the online Forum on Tourism, Hospitality and Cultural Exchange co-hosted by the U.S.-Asia Institute and Las Vegas Sands Corp. Click here to read…

Customs in Tibet gets tough against smuggling: Xinhuanet
October 8, 2021

The customs authority in southwest China’s Tibet Autonomous Region has acted against smuggling activities with an iron hand in the first eight months of the year. From January to August, Lhasa customs cracked 13 smuggling cases involving a total value of 6.9 million yuan (about 1.1 million U.S. dollars), it said in a statement. Click here to read…

New fund to spur Yangtze SOE reform: China Daily
October 8, 2021

China launched a 73.75 billion yuan fund in Wuxi, Jiangsu province, on Thursday to facilitate cutting-edge technology innovation and mixed-ownership reform at its State-owned enterprises in the Yangtze River Delta region, its operator said. The big-ticket fund aims to sharpen the core competitiveness of SOEs and spur high-quality development in the region. Click here to read…

Chinese companies display latest technologies at Expo 2021 Dubai:
October 7, 2021

Chinese companies are showcasing their latest technologies at the China Pavilion of the ongoing Expo 2021 Dubai, as they plan to leverage the opportunity to expand their overseas reach. For instance, UBTech Robotics, a Shenzhen-based artificial intelligence and humanoid robotics company, is showcasing its Panda Robot and the Walker X, a large humanoid service robot. Click here to read…

CUHK student union’s fate shows no room for campus troublemakers: Global Times
October 7, 2021

The student union of the Chinese University of Hong Kong (CUHK) announced its disbandment on Thursday, becoming another opposition-leaning university student union to dissolve following a series of recent events which saw some local universities cut ties with their problematic student unions. Click here to read…

Hungary to build Europe’s first 5G smart railway port together with Huawei: Global Times
October 7, 2021

Chinese telecommunications equipment giant Huawei on Wednesday signed a cooperation agreement with Hungary’s East-West Intermodal Logistics and British telecommunications operator Vodafone, in a joint effort to build Europe’s first smart railway hub managed by a 5G private network to be empowered by Huawei. The move, which comes as some other European countries are still weighing whether to use the firm’s 5G technology due to oppositions from the US government, could enable Hungary to lead the way in 5G industrial solutions ahead of other hesitant countries, Chinese experts said. Click here to read…

Bond defaults of China’s property developers surge as they face debt crisis: Global Times
October 7, 2021

A few Chinese property developers, including Evergrande Group, CFLD and Tahoe, are facing liquidity issues, according to data released by CRIC, a property research center on Wednesday. The data showed that as of September 27, the number of bond defaults by real estate enterprises in 2021 stood at 39, up 25 from 2020, for a cumulative amount of 46.75 billion yuan ($7.2 billion), an increase of 159 percent year-on-year. Click here to read…

China power crisis forces ‘serious’ Beijing to order top coal producer to increase output: South China Morning Post
October 8, 2021

North China’s Inner Mongolia region, China’s second-largest coal producer, has told 72 mines to boost annual output capacity by nearly 100 million tonnes, said a government official and coal traders with direct knowledge of the matter. In an urgent notice dated Thursday, Inner Mongolia’s energy department asked the cities of Wuhai, Ordos and Hulunbuir, as well as Xilingol league, to immediately notify the miners they may operate at stipulated higher capacities straightaway, provided they ensure safe production. A league is an administrative unit of the autonomous region of Inner Mongolia. Click here to read…

Chinese property bonds, shares slump as Evergrande angst spreads: Reuters
October 8, 2021

Bonds and shares issued by Chinese developers slumped on Friday as onshore markets returned from a week-long holiday with few clues as to how regulators propose to contain the contagion from cash-strapped China Evergrande Group’s debt problems. Evergrande, whose shares remain suspended since it requested a trading halt on Monday pending a major transaction announcement, is facing one of the country’s largest defaults as it wrestles with more than $300 billion of debt. Click here to read…

Fall in China’s $1.3 trln land sales to test local finances, economy: Reuters
October 8, 2021

Sagging demand at China’s urban land auctions amid a crackdown on borrowing by private developers risks squeezing regional finances, pressuring local governments to scramble for other income sources to fund investments and support the economy. Land sales soared to a record 8.4 trillion yuan in 2020, the equivalent of Australia’s annual gross domestic product, bolstering fiscal budgets in a pandemic year. Click here to read…

Senior Chinese diplomat meets U.S. national security advisor: Xinhuanet
October 7, 2021

Yang Jiechi, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met here Wednesday with U.S. National Security Advisor Jake Sullivan. The two sides, in a candid manner, had a comprehensive and in-depth exchange of views on China-U.S. relations as well as international and regional issues of common concern. The meeting was described as constructive, and conducive to enhancing mutual understanding. Click here to read…

China renovating 47,300 old urban residential communities: Xinhuanet
October 6, 2021

China has promoted the renovation of old residential communities this year as part of efforts to improve living conditions in old urban residential areas. In the first eight months of the year, the country initiated the rebuilding and renovation of 47,300 old urban residential communities, official data shows. Click here to read…

Hong Kong to actively push for local legislation on safeguarding national security, says Carrie Lam: China Military
October 6, 2021

Hong Kong will take forward proactively the enactment of local legislation on safeguarding national security to implement Article 23 of the Basic Law of the Hong Kong Special Administrative Region (HKSAR), HKSAR Chief Executive Carrie Lam said Wednesday. The Secretary for Security of the HKSAR government is drawing up effective and pragmatic proposals and provisions for the legislation, Lam said when delivering the annual policy address at a Legislative Council meeting. Click here to read…

Biden, Xi to meet virtually by year-end amid tense relations: Kyodo
October 7, 2021

The United States said Wednesday it agreed with China to hold a virtual meeting between U.S. President Joe Biden and Chinese leader Xi Jinping by the end of the year, as Washington seeks to manage the growing rivalry between the nations.The announcement was made following talks between U.S. National Security Adviser Jake Sullivan and China’s top diplomat Yang Jiechi in Switzerland, which, according to a senior Biden administration official, lasted for six hours and touched on U.S. concerns over China’s possible human rights abuses as well as its pressure on Taiwan. Click here to read…

HKSAR gov’t plans to restructure policy bureaus: People’s Daily
October 6, 2021

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam proposed to restructure policy bureaus of the HKSAR government in the annual policy address delivered Wednesday. The government is expected to formulate a detailed re-organization report in the coming months, Lam said. Click here to read…

China’s Tibet spends more on ecological protection: People’s Daily
October 6, 2021

Southwest China’s Tibet Autonomous Region spent 20.23 billion yuan (about 3.1 billion U.S. dollars) on ecological protection from 2016 to 2020, according to the local environmental authority. The amount more than doubled the spending for the previous five-year period, the region’s ecology and environment department said Wednesday in a statement. Click here to read…

China’s new J-16D fighter jet has been deployed to an eastern airbase near Taiwan: South China Morning Post
October 7, 2021

China’s military has deployed its new J-16D fighter jet designed for electronic warfare to an eastern airbase near Taiwan, according to satellite imagery and a People’s Liberation Army source. It comes amid heightened tensions across the Taiwan Strait, with a record number of PLA warplanes sent into the island’s air defence identification zone in recent days as Beijing ramps up its campaign of military intimidation. Beijing claims self-ruled Taiwan as its own territory, to be brought under its control by force if necessary, and the PLA has sent planes into the island’s air defence zone nearly every day in the past year. Click here to read…

China welcomes ‘positive statements’ by US as talks hint at change of mood: South China Morning Post
October 7, 2021

The Chinese government has described this week’s talks with the US as constructive, with its top diplomat highlighting the importance of positive recent gestures by Washington in improving the atmosphere. The talks in Switzerland between Yang Jiechi and White House National Security Adviser Jake Sullivan ended without the confrontational tone that marred their previous meeting in March, in Anchorage, Alaska, with Beijing this time saying the discussion was “conducive to enhancing mutual understanding”. Click here to read…

Su stresses need to be alert over China: Taipei Times
October 6, 2021

Taiwan needs to be on alert for China’s “over the top” military activities, Premier Su Tseng-chang said yesterday, after a record 56 Chinese aircraft flew into Taiwan’s air defense identification zone on Monday. Taiwan has reported 148 Chinese air force planes in the southern and southwestern part of its air defense zone over four days beginning on Friday, the same day China marked its National Day. Click here to read…

HK needs to tackle housing, says Carrie Lam: Taipei Times
October 7, 2021

Hong Kong Chief Executive Carrie Lam yesterday said the territory was at a new starting point for development under the National Security Law imposed last year, and that her priority would be to focus on tackling a long-standing housing shortage. Hong Kong and Beijing authorities have long blamed unaffordable housing in the former British colony for deep-rooted social problems that they say helped fuel pro-democracy protests in 2019. Click here to read…

Evergrande backer Chinese Estates’ stock soars on take-private offer: Reuters
October 7, 2021

Shares of Chinese Estates Holdings, a former major shareholder of embattled developer China Evergrande, jumped as much as 32% on Thursday after it announced an offer to be taken private for HK$1.91 billion. The Hong Kong developer said on Wednesday the family of Chinese Estates’ biggest shareholder, Joseph Lau, had proposed to take it private by offering minority shareholders a 38% premium to its last traded price. Click here to read…

U.S. trade chief seeks “frank conversations” with China: Xinhuanet
October 5, 2021

U.S. Trade Representative (USTR) Katherine Tai said on Monday that the United States seeks “frank conversations” with the Chinese side on issues including implementation of the phase-one economic and trade agreement, and industrial policies. Tai made the remarks at the Center for Strategic and International Studies, a Washington, D.C.-based think tank, on the Biden administration’s approach to the U.S.-China trade relationship. Click here to read…

Aerobatics and new military jets: Airshow China concludes in Zhuhai: China Military
October 4, 2021

The China International Aviation and Aerospace Exhibition, or Airshow China, concluded on Sunday in Zhuhai City, south China’s Guangdong Province. Dozens of aerobatics were performed by China’s top air display teams, providing eye candy for the audience, while the public debut of the J-16D electronic warfare jet and other equipment showcased the latest technology development in the Chinese army to enthusiasts. Many Chinese enterprises also received orders from global clients after displaying their latest product at the show. Click here to read…

China goes all out to cope with power outages: People’s Daily
October 5, 2021

China is making all-out efforts to ensure the nation’s power supply after power outages halted factory production and hit families in some regions, amid calls for a better electricity pricing mechanism and improved energy structure. The power squeeze has compelled multiple provinces in China to implement power rationing, with factory operation hours limited and power usage capped. Factories across various industries, including furniture, food and chemical production, have suspended their operations and rescheduled production. Click here to read…

Policy Address proposals focus on cooperation with mainland: China Daily
October 5, 2021

Hong Kong’s political groups and organizations expressed the hope that the 2021 Policy Address will help the city better utilize opportunities offered by national development, by releasing the potential of an idle border area and strengthening Hong Kong residents’ national identity. Click here to read…

Hopson Development plans to acquire 51% of Evergrande’s property management unit: Global Times
October 4, 2021

Property developer Hopson Development Holding Co is reportedly to acquire about 51 percent of the indebted Evergrande group’s property management unit, and the deal could be valued at more than 40 billion HKD ($5.14 billion), according to media reports. Evergrande group has been on a selling spree lately, scrambling to raise funds to help resolve its serious debt woes and avert a default. Click here to read…

China is not heading toward a market economy, often due to its own policies, report concludes: South China Morning Post
October 5, 2021

China has fallen short of meeting its stated reform goals and is not on track to become a market economy, a report assessing China’s development has concluded. As a result, the United States and other market economies must develop commercial rules to protect their systems better when they deal with China until it becomes a more open economy, according to the report, China Pathfinder, published by the Atlantic Council and Rhodium Group on Tuesday. Click here to read…

Fantasia, another debt-laden Chinese property developer, defaults on US$205 million bond, as Evergrande crisis rolls on: South China Morning Post
October 5, 2021

Fantasia Holdings Group, the Shenzhen-based property developer founded by the niece of a former Chinese vice-president, has failed to repay US$205 million of debt due on Monday.

The default will add to fears about the financial health of the Chinese property sector, as the liquidity crisis at China Evergrande Group – the world’s most indebted property developer – continues to unfold. Click here to read…

IMF briefed on probe into China’s ‘Doing Business’ report rankings at World Bank: South China Morning Post
October 5, 2021

The International Monetary Fund (IMF) said Monday its board of directors has been briefed by lawyers from the law firm whose investigation found that current managing director Kristalina Georgieva and other officials pressured World Bank employees to alter data affecting the business rankings of China and other nations. The IMF said the 190-nation lending agency’s board of directors met with representatives of the WilmerHale law firm as part of an ongoing review of the issues raised by the firm’s investigation into the World Bank’s “Doing Business 2018” report. Click here to read…

Hong Kong leader says Beijing has no timetable for anti-sanctions law: Reuters
October 5, 2021

Hong Kong leader Carrie Lam said on Tuesday that Beijing has no timetable to extend an anti-sanctions law to the global financial hub, where financial institutions are concerned over the impact it could have on their operations. Lam, speaking at her weekly news briefing, said Beijing would take into account the city’s status as an international financial centre if it decides to extend the law to Hong Kong. Click here to read…