Tag Archives: NDRC

China: Daily Scan, November 23, 2021

China’s military studies, implements spirit of key Party plenum: Xinhuanet
November 22, 2021

Two senior Chinese military officials, Xu Qiliang and Zhang Youxia, have asked all levels of the armed forces to study and implement the spirit of the sixth plenary session of the 19th Communist Party of China (CPC) Central Committee. Xu and Zhang, both members of the Political Bureau of the CPC Central Committee and vice chairmen of the Central Military Commission, made the remarks on Monday when meeting with members of the delegation interpreting and promoting the spirit of the plenum. Click here to read…

China to improve policy support for SMEs: People’s Daily
November 23, 2021

China will further improve supportive policies to help small and medium-sized enterprises (SMEs) tide over difficulties, according to a circular released by the General Office of the State Council. SMEs are the main force behind national economic and social development, but they are facing rising corporate costs and operational difficulties due to higher raw material prices, high logistics costs, sporadic resurgences of COVID-19, and power cuts in some areas, among other factors, the document noted. Click here to read…

China to launch pilot reform project on business environment in six cities: People’s Daily
November 23, 2021

According to a recent guideline issued by China’s State Council, Six Chinese cities will launch a pilot reform project to improve business environment. The six cities are respectively Beijing, Shanghai, Chongqing, Hangzhou, Guangzhou, and Shenzhen. Lu Xiangdong, an official from the General Office of the State Council, introduced that the guideline was issued after the State Council solicited a wide range of opinions from market entities and relevant parties and held in-depth discussions. Over 100 reform measures in 10 fields were raised, the official added. Click here to read…

Virtual currency pyramid scheme busted in east China: People’s Daily
November 23, 2021

Police in China have busted a virtual currency-themed online pyramid scheme involving some 110,000 people and 1 billion yuan (about 156.4 million U.S. dollars). In April, police in Suining, east China’s Jiangsu Province, received a tip-off from a person who claimed to be trapped in the pyramid scheme operated by an investment platform called BBGO. Click here to read…

NDRC: Price level stable, controllable: People’s Daily
November 23, 2021

China has the confidence and capability to keep prices stable within a reasonable range despite the expected inflationary pressure likely continuing globally, the country’s top economic regulator said. In recent months, prices of vegetables fluctuated periodically in some parts of China due to extreme weather such as heavy rains and low temperatures. Consumer goods prices also jumped due to rising energy and bulk commodity prices, the National Development and Reform Commission said. Click here to read…

China, ASEAN embark on new chapter with comprehensive strategic partnership: People’s Daily
November 23, 2021

China and the Association of Southeast Asian Nations (ASEAN) elevated their relations to a comprehensive strategic partnership on Monday, a step forward towards building a closer community with a shared future. This milestone development in bilateral ties, announced at the ASEAN-China Special Summit to Commemorate the 30th Anniversary of ASEAN-China Dialogue Relations held virtually, is expected to promote peace, stability and prosperity not only in the region, but also across the world. Click here to read…

Greater efforts urged to encourage births as population growth slows: China Daily
November 23, 2021

Demographers have called for more efficient implementation of supportive measures to encourage births to address the country’s dwindling population growth, as indicated in the recently released China Statistical Yearbook 2021. The birthrate last year was 8.52 births per thousand people, the lowest level since 1978, according to the yearbook, which was compiled by the National Bureau of Statistics and published over the weekend. Click here to read…

Marriages in 2020 fall to 17-year low as declining trend continues: Global Times
November 22, 2021

The latest official data from China’s National Bureau of Statistics (NBS) shows that 8.14 million marriages were registered in 2020, down 1.13 million from 2019 and the lowest level in 17 years. But the divorce rate dropped last year, halting a years-long upward trend. This marks the seventh consecutive year of decline in marriages since 2013, when 13.4693 million couples were married. The number in 2020 was also the lowest since 2003, when 8.114 million marriages were registered, according to the China Statistical Yearbook 2021 published by the NBS recently. Click here to read…

China to establish negative list on celebrity-related content which promotes distorted values, hypes comeback of tainted entertainers: Global Times
November 23, 2021

China’s top internet regulator said it will establish a negative list to prohibit celebrity-related content from promoting distorted values, including abnormal aesthetics, hyping of vulgar scandals, and content that induces fans to blindly idolize celebrities or hype the comeback of entertainers who have illegal and unethical records. The notice released by Cyberspace Administration of China (CAC) on Tuesday listed 15 measures in four aspects to strengthen how the online information about celebrities should be presented – content-oriented, information presentation, account management, mechanism of public opinion. Click here to read…

China to phase out less efficient electric motors in new green push: Global Times
November 22, 2021

China aims to tap into high-efficiency, energy-saving motors to further its green drive, according to a circular released by the Ministry of Industry and Information Technology (MIIT) and the State Administration for Market Regulation (SAMR). The circular, an action plan that covers the period from 2021-23, stipulates that such advanced motors should account for over 20 percent of all motors in service by 2023, a move that will save 49 billion kilowatt (kW) hours of electricity a year. The annual production capacity of such motors should hit 170 million kW hours by 2023. Click here to read…

China outbound tourism set to jump more than 25% this year: Reuters
November 22, 2021

Chinese outbound tourism numbers are set to jump by more than 25% this year from 2020 but remain “basically at a standstill” compared to pre-pandemic levels, state broadcaster CCTV reported on Monday, citing official projections. The dramatic drop in travellers from China, the world’s most populous nation, since the rapid spread of coronavirus early last year, has left a $255 billion annual spending hole in the global tourism market. Click here to read…

China tests high-altitude weapons performance near border with India: South China Morning Post
November 23, 2021

China’s live-fire drills near its Himalayan border with India, revealed on Sunday by state media, showed the PLA had set up comprehensive training standards specifically designed for high-altitude artillery operations, according to military analysts. Footage broadcast by China Central Television showed infantry troops from the Xinjiang military district, part of the Western Theatre Command, conducting precision strike drills at an elevation of 5,200 metres (17,000 feet) in the Karakoram mountains. Click here to read…