Tag Archives: MSME

China: Daily Scan, June 10, 2022

China to improve public interest litigations on water resources: Xinhuanet
June 9, 2022

A new regulation on establishing and improving the cooperation mechanism between water resources law enforcement and procuratorial public interest litigations was made public Thursday. Click here to read…

China’s State Council appoints, removes officials: Xinhuanet
June 9, 2022

The State Council, China’s cabinet, announced the appointment and removal of several officials on Thursday. Xu Lin replaced Nie Chenxi as head of the National Radio and Television Administration, and no longer serves as director of the State Council Information Office. Chen Daojiang was appointed China’s permanent representative to the International Seabed Authority, replacing Tian Qi. Click here to read…

Chinese president appoints new ambassadors: Xinhuanet

June 9, 2022

Chinese President Xi Jinping has appointed nine new ambassadors in accordance with a decision by the Standing Committee of the National People’s Congress, according to a statement from China’s top legislature on Thursday. Sun Haiyan was appointed China’s ambassador to Singapore, replacing Hong Xiaoyong. Zhang Jianwei was appointed ambassador to Kuwait, replacing Li Minggang. Zhang Yiming was appointed ambassador to the United Arab Emirates, replacing Ni Jian. Click here to read…

Chinese-invested uranium mine exceeds budgeted production targets in 2021: Xinhuanet
June 9, 2022

Rossing Uranium, a Chinese-invested company in Namibia, exceeded budgeted production targets by a significant margin, as the 2,882 tonnes of U3O8 produced during 2021 represented a 16 percent increase compared to 2020, the company’s managing director Johan Coetzee said. Click here to read…

China releases new geologic map of Moon: Xinhuanet
June 9, 2022

China has released a new geologic map of the Moon on a scale of 1:2,500,000, the first one in the world, according to the Chinese Academy of Sciences (CAS). Chinese scientists from the Institute of Geochemistry of the CAS and other research institutes and universities have created the map based on data from the country’s Chang’e project and other data and research findings from international organizations. Click here to read…

Ex-manager of China’s power firm given death with reprieve over bribery: Xinhuanet
June 9, 2022

A former manager of state-owned China Huadian Corporation Ltd. was sentenced Thursday to death with a two-year reprieve for taking bribes worth 468 million yuan (about 70.05 million U.S. dollars). Click here to read…

China launches manhunt for telecom, online fraud suspects: Xinhuanet
June 9, 2022

China launched a manhunt on Thursday for major heads and key members of telecom and online fraud gangs across the country. The yearlong operation, launched by a joint task force under the State Council, vowed to bring the suspects to justice and demanded that they surrender in order to receive leniency. Click here to read…

Guideline to help MSMEs stay afloat: China Daily
June 9, 2022

New measures to lower taxes, increase financing for companies struggling due to COVID-19 outbreaks. China is beefing up support for micro, small and medium-sized enterprises (MSMEs) by enacting measures to alleviate the financial burden brought on by outbreaks of COVID-19. Click here to read…

PLA jet crash with the pilot surviving: China Daily
June 9, 2022

A J-7 fighter jet belonging to the People’s Liberation Army Air Force crashed on Thursday morning in Hubei province’s Xiangyang, with the pilot surviving, according to China Central Television. A local resident was killed, and two others were injured. Click here to read…

Breakthrough achieved in quantum computing: China Daily
June 9, 2022

Chinese physicists have created a large-scale, ordered and tunable lattice of Majorana zero mode, one of the most exotic phenomena in condensed matter physics-the study of the physical properties of matter, according to a study published in the journal Nature on Wednesday. Click here to read…

Chinese scientists make breakthrough in push toward intelligent robotics: Global Times
June 09, 2022

Chinese scientists have developed a multimode-fused spiking neuron (MFSN) array that can sense different shapes, temperatures and weights just like people’s multisensory perception. It can contribute to the development of highly intelligent robotics in future. Click here to read…

China-Russia trade up 28.9% in Jan-May; further growth expected: Global Times
Jun 09, 2022

China’s trade with Russia saw faster growth in the first five months of 2022, according to Chinese customs data on Thursday, as Russia accelerated the shift of its supply chain to Asia amid US-led Western economic sanctions. Click here to read…

China’s securities regulator says no assessment pending on Ant IPO: Global Times
June 09, 2022

The China Securities Regulatory Commission (CSRC) said on Thursday that it is not assessing or studying the potential revival of Ant Group’s IPO, in response to media reports claiming that the agency has set up teams to review the fintech firm’s listing plan. Click here to read…

China’s smartphone makers chip away at Samsung, Apple’s Russian market share: Reuters
June 9, 2022

China’s market share in the Russian smartphone market jumped significantly in May as manufacturers like Apple and Samsung (005930.KS) paused new sales in Russia and Western sanctions weighed on the Russian economy. Click here to read…

Another district in Beijing shuts entertainment venues to contain COVID outbreak: Reuters

June 9, 2022

China’s capital city of Beijing shut down entertainment venues in its Dongcheng district from Thursday in an effort to contain a new outbreak of COVID-19, the state-backed Beijing Daily said late on Thursday. The move came after Beijing’s largest district, Chaoyang, also ordered entertainment venues and internet cafes to shut from 2 p.m. (0600 GMT) on Thursday. Click here to read…

Japan, China defense chiefs to meet June 12 amid Chinese naval activity: Kyodo
June 9, 2022

Japanese Defense Minister Nobuo Kishi will meet with his Chinese counterpart Wei Fenghe Sunday on the sidelines of a security forum in Singapore to air concerns over Beijing repeatedly sending ships around the Senkaku Islands in the East China Sea, a government source said Wednesday. Click here to read…

Chinese state broadcasting gets a new chief: Xi protégé Xu Lin: South China Morning Post
June 9, 2022

Xu Lin, a protégé of President Xi Jinping, has taken over as head of the National Radio and Television Administration, which oversees state broadcasting in China. The 59-year-old attended an event at the NRTA in Beijing on Wednesday as its director and Communist Party branch secretary, according to a post on the agency’s website. It said Xu spoke about creating television shows that focus on ordinary people’s stories for the ruling party’s national congress later this year. It was the first confirmation that Xu has been appointed to the top job at the NRTA and comes ahead of a twice-a-decade political reshuffle at the party congress, to be held in autumn. While China is likely to see a new leadership line-up unveiled at the event, Xi is expected to secure a third term as the party’s top leader. Click here to read…

Chinese court awards woman US$4,500 compensation for 7 years of housework and child-rearing from ex-husband after divorce: South China Morning Post
June 9, 2022

A woman in China who received 30,000 yuan (US$4,500) in compensation for being a full-time wife and mother during her marriage has kicked off a national discourse about housework in mainland China. The woman, surnamed Wang, from Suzhou city in Jiangsu province, eastern China, was awarded the payment as compensation for being the full-time family carer for about seven years after she and her husband, surnamed Tan, divorced this year. During the marriage, Wang was a stay-at-home wife and looked after their son who was born prematurely shortly after the couple married in 2015. Wang also handled all the housework while Tan worked full time. Click here to read…

Chinese mainland reports 30 new local confirmed COVID-19 cases: Xinhuanet
June 10, 2022

The Chinese mainland Thursday reported 30 locally-transmitted confirmed COVID-19 cases, including 15 in Inner Mongolia Autonomous Region, seven in Beijing, six in Shanghai and two in Liaoning, the National Health Commission said Friday. Click here to read…

Several local cases reported in Beijing, Shanghai: China Daily
June 10, 2022

Beijing and Shanghai reported new clusters of COVID-19 infections on Thursday, involving a bar in Beijing and a beauty salon in Shanghai. The cases show the insidious risks of a rebound of infections still exist, the two cities’ health officials warned. Click here to read…

Xi stresses support for employment of college graduates, development of private sector in tour to Sichuan: Global Times
June 10, 2022

During an inspection tour in Southwest China’s Sichuan Province on Wednesday, President Xi Jinping stressed the need to adhere to the dynamic zero-COVID strategy of containing the virus while ensuring economic development, called for more effective measures to tackle specific issues such as employment for college graduates and boosted morale by pointing to the bright path ahead. Click here to read…

Shanghai to restart lockdowns, testing in Minhang District: Taipei Times
June 10, 2022

Shanghai tomorrow is to lock down a district of 2.7 million people to conduct mass testing for COVID-19, city authorities said yesterday, as the Chinese metropolis struggles to fully emerge from punishing curbs. Click here to read…

China: Daily Scan, May 13, 2022

Full text of Xi Jinping’s speech at ceremony marking centenary of Communist Youth League of China: Xinhuanet
May 12, 2022

The following is the full text of a speech delivered by Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, at a ceremony marking the centenary of the Communist Youth League of China on Tuesday. Click here to read…

China to prioritize employment in fiscal and monetary policies, mobilize existing assets to boost effective investment: Xinhuanet
May 12, 2022

China will adopt fiscal and monetary policies that prioritize job creation, as part of efforts to keep overall economic performance stable, according to a decision made at the State Council’s Executive Meeting chaired by Premier Li Keqiang on Wednesday. Click here to read…

China urges U.S. to promote regional peace, stability at upcoming U.S.-ASEAN summit: Xinhuanet
May 12, 2022

The United States, as a non-regional country, should play a positive and constructive role in promoting regional peace and development, a Chinese Foreign Ministry spokesperson said Thursday, in response to reports that the upcoming U.S.-ASEAN summit will discuss issues related to China. Click here to read…

Australia urged to stop distorting facts over China-Solomon Islands security cooperation: Xinhuanet
May 12, 2022

The security cooperation between China and the Solomon Islands is aboveboard, legitimate, lawful and beyond reproach, a Chinese foreign ministry spokesperson said Thursday, urging Australia to stop distorting facts. Click here to read…

Chinese mainland reports 312 new local COVID-19 cases, 227 in Shanghai: Xinhuanet
May 13, 2022

The Chinese mainland on Thursday reported 312 confirmed local COVID-19 cases, of which 227 were in Shanghai, the National Health Commission said on Friday. Apart from Shanghai, seven other provincial-level regions on the mainland saw new locally transmitted COVID-19 cases, including 42 in Beijing and 15 in Henan. Click here to read…

Shanghai reports 227 confirmed, 1,869 asymptomatic local COVID-19 cases: Xinhuanet
May 13, 2022

China’s Shanghai reported 227 confirmed locally transmitted COVID-19 cases and 1,869 local asymptomatic cases on Thursday, the municipal health commission said Friday. Click here to read…

China to continue bolstering support for unemployed people: Xinhuanet
May 12, 2022

China will continue to step up support for unemployed people to ensure their basic living needs, according to the Ministry of Human Resources and Social Security. Policies to expand the coverage of unemployment insurance will be extended for one more year, Gui Zhen, an official with the ministry said Thursday. Click here to read…

China cracks down on cross-border gambling, fraud: Xinhuanet
May 12, 2022

China has cracked some 11,000 cases related to illegal cross-border gambling and fraud since the beginning of 2021, the National Immigration Administration said Thursday. A total of 15,000 people involved in illegal outbound cross-border gambling activities have been caught, and 290 gangs organizing such illegal activities have been busted, said the administration. Click here to read…

China speeds up green, low-carbon transformation of data centers: Quishi
May 12, 2022

The rapid proliferation of green data centers in China may be attributed to the rapid development of the country’s digital economy, which is driving a wave of green transformation among traditional data centers and resulting in the continual expansion of newly developed ones. Click here to read…

Smaller companies to further benefit from tax cuts, refunds: Quishi
May 12, 2022

Concerted efforts from multiple authorities in supporting value-added tax (VAT) credit refunds to businesses will play a critical role for the country’s smaller businesses facing strong headwinds, and are expected to tide them through challenging times, officials and experts said. Click here to read…

China strives to improve business environment for higher vitality of market entities: Quishi
May 13, 2022

China’s continuous efforts to deepen its reforms to streamline administration, delegate power, improve regulation and upgrade services for building a world-class business environment have greatly vitalized market entities and made important contributions to promoting high-quality economic and social development. Click here to read…

Beijing calls for new series of testing: China Daily
May 13, 2022

The Beijing municipal government has encouraged all residents to work from home on Friday and to stay at home during the coming weekend in order to curb the spread of COVID-19. In addition, another three rounds of mass nucleic acid testing will be conducted starting on Friday, a senior official said on Thursday afternoon. Click here to read…

Patients deal with COVID-19 symptoms for years: China Daily
May 13, 2022

Fatigue, insomnia and muscle weakness plague survivors, research report shows. Around half of recovered COVID-19 patients report at least one symptom two years after their infection with the disease, a study of nearly 1,200 people led by Chinese researchers has found. Click here to read…

China immigration authorities debunk disinformation over alleged heavy-handed border controls: Global Times
May 13, 2022

China’s National Immigration Administration (NIA) and the General Station of Exit and Entry Frontier Inspections in Beijing, Shanghai and Guangzhou on Friday debunked rumors surrounding passenger passports or green cards being confiscated when entering or exiting the country. Authorities said that such disinformation aims to undermine China’s COVID-19 prevention measures and regulations. Click here to read…

Beijing juvenile courts reprimand 137 guardians for problematic family education: Global Times
May 13, 2022

The juvenile courts in Beijing have reprimanded 137 parents and guardians with a total of 116 duty notifications or guidance on family education since China’s Family Education Promotion Law was implemented at the beginning of 2022. Click here to read…

Beijing refutes rumors of lockdown, reassures of adequate food supplies amid hoarding: Global Times
May 12, 2022

Amid claims circulating that Beijing would be locked down, which led to local residents flooding supermarkets to hoard food, Beijing officials on Thursday clarified that these are just rumors, but local residents are suggested to stay at home and take nucleic acid testing in the following three days as a bid to curb transmission in communities as early as possible. Click here to read…

US eyes ‘luring’ ASEAN to ‘decouple from China’ with its Indo-Pacific economic framework: Global Times
May 12, 2022

A week ahead of Joe Biden’s Asia visit, the US President is hosting Southeast Asian leaders for a summit in Washington to show the importance the US places on ASEAN, but Chinese analysts believe the US’ vaunted enhanced ties with the region serve as a part of the Indo-Pacific strategy to secure its global leadership. Click here to read…

First bank in Shanghai resumes in-person business as city ramps up recovery: Global Times
May 12, 2022

A branch of Shanghai Rural and Commercial Bank (SRCB) in the city’s Jinshan district resumed in-person business Thursday, becoming the city’s first bank to resume work, as Shanghai’s financial industry accelerated its recovery from the COVID-19 flare-ups. Click here to read…

China, Africa continue to expand clean energy cooperation: People’s Daily
May 13, 2022

Energy shortage has long hindered the social and economic development of Africa. In particular, power supply is a major bottleneck delaying the continent’s industrialization. According to World Bank statistics, 51.6 percent of the population in Sub-Saharan Africa did not have access to electricity in 2020, and an estimated 660 million people in the world would lack access in 2030, mostly in Sub-Saharan Africa. Click here to read…

China rolls out multiple measures to help MSMEs, self-employed households pull through difficulties: People’s Daily
May 13, 2022

A recent State Council executive meeting specified that China will further implement measures to support micro, small and medium-sized enterprises (MSMEs) and self-employed households, in an effort to stabilize the economy, as well as industrial and supply chains. Meanwhile, relevant government departments will adjust their policies promptly to ease the financial burdens on these businesses. Click here to read…

China denies suspending passports, invalidating foreign residency cards: Reuters
May 13, 2022

China’s immigration authority is still providing services for necessary trips outside the country, it said on Friday, denying rumours that passport issuances were halted and that residency cards for living in foreign countries were being invalidated. Click here to read…

Chinese universities including Renmin move away from international rankings while aiming for world class: South China Morning Post
May 13, 2022

The reported withdrawal of Beijing’s prestigious Renmin University of China (RUC) and other institutions from taking part in international university rankings has met strong support domestically, reflecting a rejection of standards defined by foreign ranking systems as the country aims to develop “world-class universities with Chinese characteristics”.
News of the university’s plans to withdraw from the rankings first spread online in early May, with national broadcaster China National Radio (CNR) citing sources familiar with the matter confirming that the university’s administrators had reached a consensus. Click here to read…

China tightens curbs on overseas travel as part of Covid battle: South China Morning Post
May 13, 2022

China has said it will impose tight restrictions on “non-essential” overseas travel for its citizens to help contain the worst coronavirus outbreak the country has seen in the past two years. The immigration authorities said the curbs were designed to stop infections crossing the border and would include a more rigorous approval process for passports and other travel documents and a crackdown on illegal border crossings. Click here to read…