Chinese vice premier stresses efforts to ensure energy supply: Xinhuanet
November 2 2021

Chinese Vice Premier Han Zheng on Tuesday stressed efforts to ensure the supply of energy this winter and next spring under the new concept for development. Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks when chairing a symposium during an inspection trip to the State Grid Corporation of China. Click here to read…

Chinese premier urges efforts to foster, strengthen market entities: Xinhuanet
November 2 2021

Chinese Premier Li Keqiang has underlined the importance of work to foster and strengthen market entities to stimulate market vitality and social creativity. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks while chairing a symposium during an inspection trip to the State Administration for Market Regulation on Monday. Click here to read…

China bans private contact between judges and lawyers to uphold judicial integrity: Xinhuanet
November 2 2021

Private contact has been banned between judges and lawyers, and between prosecutors and lawyers, according to newly introduced Chinese regulations aimed at better safeguarding judicial integrity and justice. Click here to read…

China steps up development of subsidized rental housing: Xinhuanet
November 2 2021

China has accelerated the development of government-subsidized rental housing as part of the country’s efforts to better meet people’s housing needs. In the first nine months, 40 cities across the country have started the construction of 720,000 government-subsidized apartment units, accounting for 76.9 percent of their full-year target of 936,000 units, showed data from the Ministry of Housing and Urban-Rural Development. Click here to read…

Senior CPC official calls for imbibing revolutionary history to advance national rejuvenation: People’s Daily
November 3 2021

Wang Huning, senior official of the Communist Party of China (CPC), on Tuesday emphasized learning from the country’s revolutionary history and pushing forward the great cause of national rejuvenation. Wang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and a member of the Secretariat of the CPC Central Committee, made the remarks in Beijing while attending a symposium marking the 90th anniversary of the founding of the Chinese Soviet Republic and the central revolutionary base. Click here to read…

Hacking from India rose in past 2 years, targeted China’s medical industry using forged physical examination forms at the beginning of epidemic: Global Times
November 2 2021

Hackers from India have been caught actively launching cyberattacks targeting China’s multiple sectors as well as individuals in the past two years during the epidemic, and their attacks are largely on the rise in the first half of 2021, the Global Times learnt from an exclusive interview with Chinese tech giant 360 Security Technology on Tuesday. Click here to read…

China rolls out largest integrally formed propellant tank bottom of new launch vehicle: Global Times
November 3 2021

China rolled out the largest integrally formed propellant tank bottom of the new launch vehicle in the country, which was built using new spinning technology developed by the Shanghai Academy of Spaceflight Technology (SAST) with a diameter of 3.8 meters, The Paper published on Tuesday. The entire length of the tank is 21 meters, which is one of the longest units to launch vehicles in China, according to the report. Click here to read…

Beijing stock market publishes draft rules for trading and membership management: Global Times
November 3 2021

The Beijing Stock Exchange published on Tuesday the draft rules for trading and management of its membership. This is one step closer to the opening of the third stock exchange in the A-share market just over two months after it was announced. The draft rules that add to the 31 specific rules that provide guidance for IPOs, fundraising and mergers and acquisitions, company regulations, securities trading, and membership management, among others will be effective on November 15, the Beijing stock said in a late-night statement on its website. Click here to read…

China considers new mix of tax, fee reductions for small, micro-sized businesses: Global Times
November 3 2021

China is mulling a new mix of tax and fee reductions to address hardships confronting small and micro-sized businesses and self-employed people, Premier Li Keqiang said during an inspection tour to the country’s top market regulator, the Securities Times reported Tuesday. Click here to read…

Chinese firm to build Tiansuan satellite constellation to support 6G development: Global Times
November 2 2021

Chinese private satellite company Spacety and Beijing University of Posts and Telecommunications (BUPT) have inked a deal to jointly launch a series of satellites to build an open-source platform that could support the development of 6G network, satellite internet and other technologies. The project, the Tiansuan Constellation, is a satellite constellation targeting computing software and algorithms. Combining computing software – the core network systems of 5G and 6G, as well as artificial intelligence (AI) – with satellites has become a popular scientific research topic, Fu Yunhao, an employee from Spacety told the Global Times on Tuesday. Click here to read…

Shenzhen relaxes rules for developers buying land, backing away from the cap that sent real estate auctions into a tailspin: South China Morning Post
November 3 2021

Shenzhen has relaxed the conditions for taking part in land sales, one of the first among China’s local authorities to backtrack from the draconian measures that have sent the entire country’s real estate industry into a tailspin. According to the new rules laid out by the Planning and Natural Resources Bureau of China’s technology metropolis, more than one developer will be allowed to bid for land at the same price, where the competition will be based on how many homes they can build under the “affordable” price category. The bureau put 11 plots on the market last week, the third land sale this year. Click here to read…

China to strengthen personal data protection in fintech sector: Reuters
November 3 2021

China will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses, the country’s central bank chief said on Wednesday. Beijing will improve the legal frameworks in the sector and countries should jointly set standards for personal data protection, People’s Bank of China Governor Yi Gang said via video at the Hong Kong Fintech week. Click here to read…

China’s COVID-19 cases spike ahead of Communist Party conclave: Reuters
November 3 2021

China’s new locally transmitted COVID-19 cases spiked to a near three-month high and tighter curbs to contain the spread are expected in the capital Beijing ahead of a key gathering of the highest-ranking members of the Communist Party next week.The National Health Commission confirmed on Wednesday 93 new local symptomatic cases for Nov. 2, up from 54 a day earlier and the highest daily count since Aug. 9 at the peak of China’s last major outbreak. Click here to read…

China vows closer ties with Pacific Island countries says, FM: Xinhuanet
October 22, 2021

Chinese State Councilor and Foreign Minister Wang Yi said on Thursday that China is willing to work with Pacific Island countries for a closer comprehensive strategic partnership. Wang made the remarks while chairing the first China-Pacific Island Countries Foreign Ministers’ Meeting via video link. Click here to read…

Oaths by 16 HKSAR district council members announced invalid: People’s Daily
October 21, 2021

The Hong Kong Special Administrative Region (HKSAR) government on Thursday announced that oaths taken by 16 District Council (DC) members on Oct. 8 were invalid. The HKSAR government held the oath-taking ceremony for DC members from the Tsuen Wan District Council, the Tuen Mun District Council, the Yuen Long District Council, the Kwai Tsing District Council and the Islands District Council at North Point Community Hall on Oct. 8. Click here to read…

Ex-vice minister of culture stands trial for bribery charges: People’s Daily
October 22, 2021

Li Jinzao, former vice culture and tourism minister of China, on Thursday appeared in court for charges of accepting bribes while holding various positions from 1996 to 2020. The first trial of Li’s case was held at the Intermediate People’s Court of Shenyang City, northeast China’s Liaoning Province. Click here to read…

China issues guideline on green development in urban, rural areas: China Daily
October 22, 2021

The general offices of the Communist Party of China Central Committee and the State Council have issued a guideline underpinning green development in urban and rural areas. The guideline sets a target that by 2025 the institutional mechanisms and policy systems for green development in urban and rural areas will be basically established. Click here to read…

Over 9,000 candidates compete for position in Xizang border town postal dept: Global Times
October 22, 2021

More than 9,000 candidates have signed up for a position in the postal department in Ali prefecture, Southwest China’s Xizang Autonomous Region in the upcoming national civil servant examination, making it the current hottest ticket in the governmental official selection process. Click here to read…

Chinese mainland, HK deepen cooperation in fintech regulation, yuan market: Global Times
October 22, 2021

The People’s Bank of China (PBC), the central bank, and the Hong Kong Monetary Authority (HKMA) have signed a memorandum of understanding (MoU) on regulatory cooperation in fintech innovation, under which fintech supervision tools of the PBC and HKMA will be connected, according to a statement issued by the PBC on Thursday. Also on Thursday, Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR), vowed that the city will further boost the offshore yuan market and promote the internationalization of the yuan. Click here to read…

Chinese scientists build anti-satellite weapon that can cause explosion inside exhaust: South China Morning Post
October 22, 2021

A team of Chinese military researchers say they have built and tested an anti-satellite robotic device that can place a small pack of explosives into a probe’s exhaust nozzle.

Rather than blowing the satellite into pieces, the melt-cast explosive can produce a “time-controlled, steady explosion”, Professor Sun Yunzhong and colleagues from the Hunan Defence Industry Polytechnic in Xiangtan wrote in a paper published in the domestic journal Electronic Technology & Software Engineering last month. The device could stay inside the satellite for an extended period by using a locking mechanism driven by an electric motor. If needed, the process can be reversed to separate it from the target. Click here to read…

China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place: South China Morning Post
October 21, 2021

China is seeking to step up development of digital trade, a segment that is shaping into an integral part of the economy, amid questions that this effort might be impeded by the country’s restrictions on cross-border data flows. That plan was set out by the Ministry of Commerce (Mofcom) under its 14th five-year plan for trade in services, which was published on Tuesday. The agency pledged to support the trade of digital products, to foster a good environment for digital products to go overseas, and to explore the trading of data. It will also push for traditional trade in services to digitalise. Click here to read…

Huawei, SMIC suppliers received billions worth of licenses for U.S. goods: Reuters
October 22, 2021

Suppliers to Chinese telecoms giant Huawei and China’s top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell them goods and technology despite their being on a U.S. trade blacklist, documents released by Congress showed on Thursday. According to the documents, first obtained by Reuters, 113 export licenses worth $61 billion were approved for suppliers to ship products to Huawei while another 188 licenses valued at nearly $42 billion were greenlighted for Semiconductor Manufacturing International Corp (SMIC). Click here to read…

China’s Ping An Bank says its overdue loans rise on Baoneng liquidity crunch: Reuters
October 22, 2021

China’s Ping An Bank Co Ltd said its “special-mention” and overdue loans increased in the third quarter mainly due to a liquidity crunch at Shenzhen Baoneng, a property and financial services conglomerate. Ping An Bank’s outstanding special-mention loans – debts that could potentially turn sour – rose by 37.3% in the third quarter from the end of 2020, while outstanding loans and interests overdue within 90 days increased 32.5%, according to the bank’s earnings report released on Wednesday. Click here to read…

Xinjiang government refutes Western lies about human rights: Xinhuanet
October 12, 2021

The government of Xinjiang Uygur Autonomous Region Monday refuted the lies fabricated by the United States and some other Western countries about human rights in the region with evidence and facts. At the recent 48th session of the United Nations Human Rights Council, some Western countries made groundless accusations against China over Xinjiang-related issues based on disinformation, rumors, and lies, said Xu Guixiang, a spokesperson with the regional government, at a press conference in Beijing. Click here to read…

Probe of virus’ origins needs collaboration: China Daily
October 12, 2021

Open-mindedness in international community essential in tracing work. To advance the probe into the origins of the novel coronavirus, top Chinese scientists have recently called for open-mindedness and international collaboration, as well as persistent efforts in screening wild animal specimens and samples of possible early infections. Click here to read…

Ex-cyberspace official charged with corruption: China Daily
October 11, 2021

Peng Bo, a former senior cyberspace official, has been charged by prosecutors with taking large bribes to control negative information on the internet for others by taking advantage of his positions, the Supreme People’s Procuratorate said on Monday. It said in a statement that the National Supervisory Commission has concluded its investigation into the alleged corruption of Peng, former deputy head of the office of the central leading group on the prevention and handling of cult-related issues. He was put under investigation in March. Click here to read…

Central bank governor vows fintech regulations: China Daily
October 10, 2021

China’s central bank governor vowed to keep strengthening regulation of financial technology companies, focusing on areas including payment services, antitrust issues and data protection. Yi Gang, governor of the People’s Bank of China, made his keynote speech, “China’s Experience with Regulating Big Tech”, at the 11th research network meeting of the Bank for International Settlements on Thursday. Click here to read…

Chinese authorities vow to support patriotic stars who love the country and HK: Global Times
October 12, 2021

The Chinese State Administration of Radio Film and Television recently issued a guideline to reform and rectify the entertainment industry in the next five years. The move includes providing support to stars who love the country and Hong Kong. The document vows to enhance the management of internet shows, livestream programs and short videos, and ban celebrities with notorious records from appearing on camera while calling for support to stars who show love to the country and Hong Kong. Click here to read…

US spy ship conducts extensive activities in S.China Sea, aims to collect data to support submarine warfare against China : Global Times
October 11, 2021

A US Navy oceanographic survey ship has been conducting extensive activities in a large area of the South China Sea since late September, which Chinese military experts said aims to collect underwater geographical and hydrological data to support its submarine warfare in the region against China. This situation also drew attention from some military observers after a US nuclear-powered attack submarine struck an unidentified underwater object in the South China Sea earlier this month, which again highlighted the US Navy’s need to learn more about the region. Click here to read…

Chinese lithium giants seek overseas projects, but face uncertainties: Global Times
October 11, 2021

Chinese upstream lithium firms have been expanding their overseas footprint this year, especially in the Lithium Triangle – the lithium-rich region in South America – to meet surging demand for the key resource for making electric vehicle (EV) batteries. However, Chinese companies’ bids to acquire overseas assets and projects still face great uncertainty given the race among countries for crucial raw materials, industry observers told the Global Times. Click here to read…

Meituan founder Wang Xing locks down social media posts as China’s food delivery giant puts antitrust investigation behind it: South China Morning Post
October 11, 2021

Wang Xing, the 42-year-old billionaire founder and chief executive of Meituan, has apparently locked down nearly 18,000 of his social media posts from public view, weeks before the food delivery and on-demand local services giant was slapped with a 3.44 billion yuan (US$533 million) fine by the government to end the firm’s antitrust investigation. Click here to read…

Chinese scientists dive into South China Sea’s dangerous internal waves: South China Morning Post
October 12, 2021

Chinese scientists say they have tested a monitoring device in the South China Sea that can improve detection of underwater currents believed to be a big danger to submarines.
In a paper in the domestic peer-reviewed journal Earth Science Frontiers on Saturday, the researchers said the 1.4-tonne sensor could operate on the sea floor for weeks and surface in response to a signal from a mother ship. Click here to read…

China’s power crisis prompts warning from rust-belt despite efforts to boost coal supply, manage electricity: Reuters
October 11, 2021

China’s largest provincial economy in its northeast rust belt warned of worsening power shortages on Monday, despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries. China’s Liaoning province issued its second-highest level power shortage alert on Monday, the fifth in two weeks, warning the shortfall could reach nearly 5 gigawatts (GW). Click here to read…

China says it carried out beach landing drills in province opposite Taiwan: Reuters
October 11, 2021

China’s military said on Monday it had carried out beach landing and assault drills in the province directly across the sea from Taiwan, though it did not link the exercises to current tensions with Taipei. Democratically ruled Taiwan, claimed by China as its own territory, has complained of stepped-up military and political pressure from Beijing to force it to accept Chinese rule, including massed air force incursions into Taiwan’s air defence identification zone. Click here to read…