China to fully deliver supportive policies to consolidate economic recovery: Xinhuanet

November 24, 2022

China will take solid steps to ensure full and effective implementation of the policy package for stabilizing the economy and the follow-up measures, to consolidate the foundation of economic recovery and growth, according to a State Council executive meeting chaired by Premier Li Keqiang on Tuesday. Click here to read…

Former anti-cult, cyberspace official sentenced to 14 years for taking bribes: Global Times

November 24, 2022

Peng Bo, former deputy head of anti-cult-related activities office and a former cyberspace official, was sentenced to 14 years in prison and fined 5 million yuan ($700,113) for taking bribes, Wuxi Intermediate People’s Court in East China’s Jiangsu Province announced on Thursday. Click here to read…

China’s commerce ministry vows better support for foreign manufacturing investment: Xinhuanet

November 24, 2022

The Ministry of Commerce Thursday pledged to better support multinationals in investing in China’s manufacturing sector. Foreign investment is significant to China’s manufacturing upgrades and integration into global industrial and supply chains, the ministry’s spokesperson, Shu Jueting, told a regular press conference. Click here to read…

China’s Ningbo-Zhoushan Port launches sea-rail container transport for NEV exports: Xinhuanet

November 24, 2022

The Ningbo-Zhoushan Port in east China’s Zhejiang Province has become a new passage for the exports of new energy vehicles (NEVs) via a sea-rail intermodal container transport service. On Thursday, the port saw the arrival of the final 93 cars in the shipment of 402 domestically produced NEVs on a container freight train from neighboring Jiangsu Province. These vehicles will be transferred to a container ship bound for Europe. Click here to read…

New shale gas field reserves of over 140 bln cubic meters discovered in SW China: Xinhuanet

November 24, 2022

Sinopec, China’s largest oil refiner, has discovered a new shale gas field, with a proven reserve of nearly 146 billion cubic meters, in the Sichuan basin in southwest China. The new shale gas field is located in Chongqing’s Qijiang District and Xishui County of southwest China’s Guizhou Province, according to Ma Yongsheng, chairman of Sinopec. Click here to read…

China lays out plan for future deep space exploration: Xinhuanet

November 24, 2022

China will carry out more deep space exploration missions in the next 10 to 15 years, said Wu Weiren, chief designer of China’s lunar exploration program and academician of the Chinese Academy of Engineering, in a recent interview. Click here to read…

China releases new national standards for food container safety: Xinhuanet

November 24, 2022

China’s market watchdog has rolled out three new national standards for food container safety in a bid to step up the quality monitoring of related products and safeguard food security. With new materials and techniques being used in food packaging, the standards aim to enhance quality control for metal containers and fill the quality assessment gap, according to the State Administration for Market Regulation at a press conference on Thursday. Click here to read…

Chinese Navy to host 19th Western Pacific Maritime Symposium in 2024: China Military

November 24, 2022

From November 5 to 9, the Chinese PLA Navy sent a delegation to Yokohama, Japan, to participate in the 18th Western Pacific Maritime Symposium (WPNS), said Senior Colonel Wu Qian, a spokesperson for China’s Ministry of National Defense, at a regular press conference on Thursday. Click here to read…

Former anti-cult, cyberspace official sentenced to 14 years for taking bribes: Global Times

November 24, 2022

Peng Bo, former deputy head of anti-cult-related activities office and a former cyberspace official, was sentenced to 14 years in prison and fined 5 million yuan ($700,113) for taking bribes, Wuxi Intermediate People’s Court in East China’s Jiangsu Province announced on Thursday. Click here to read…

China issues dataset of lake-catchment characteristics on Qinghai-Tibet Plateau: Xinhuanet

November 25, 2022

China’s National Tibetan Plateau Data Center (TPDC) has recently issued and shared a dataset of lake-catchment characteristics on the Qinghai-Tibet Plateau, announced Lanzhou University. A research team from the Center for the Pan-third Pole Environment of Lanzhou University conducted the dataset. It provides fundamental data for the study of lakes on the Qinghai-Tibet Plateau, said Liu Junzhi, professor at Lanzhou University and leader of the team. Click here to read…

10 killed, 9 injured in Xinjiang residential building fire: Xinhuanet

November 25, 2022

Ten people were killed and nine were injured in a fire at a residential building Thursday night in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region, local authorities said. Click here to read…

Chinese mainland reports 3,041 new local confirmed COVID-19 cases: Xinhuanet

November 25, 2022

The Chinese mainland on Thursday reported 3,041 locally transmitted confirmed COVID-19 cases, the National Health Commission said Friday. Altogether 29,654 local asymptomatic carriers were newly identified. Click here to read…

China’s carbon reduction drive creates more green jobs: Qiushi

November 25, 2022

Though the forest farm where Niu Yuzhu works in Zhuolu County, north China’s Hebei Province, has been closed since winter, Niu has not stopped his daily patrols. In addition to his patrol work, the 52-year-old has taken on other duties as the farm’s “forest chief,” including formulating forest management and protection plans, mobilizing locals to protect trees, and promoting the implementation of protection measures. He has been engaged in the industry since the age of 18, when he was in charge of tree planting at a state-owned nursery garden in the county. Click here to read…

Monkeypox vaccines in development: China Daily

November 25, 2022

Chinese drugmaker Sinopharm said on Wednesday that it is developing three potential mRNA vaccines for monkeypox. The experimental vaccines have been shown in a study to significantly evoke specific antibodies against monkeypox in mice, the company said in a statement. Click here to read…

China’s top disciplinary agency reveals young officials involved in football gambling: Global Times

November 25, 2022

China’s top disciplinary agency on Thursday disclosed several corruption cases involving young officials and football gambling, as a move to strengthen the education of young officials from the Communist Party of China (CPC) and as a reminder to eradicate gambling. Public security departments in several regions have issued messages urging netizens to stay away from online gambling amid the ongoing 2022 FIFA World Cup in Qatar. Click here to read…

China to set up pilot zones for cross-border e-commerce in 33 places, including less developed areas: Global Times

November 25, 2022

China’s State Council on Thursday approved the establishment of comprehensive pilot zones for cross-border e-commerce in 33 cities and regions across the country, in a bid to leverage the positive role of cross-border e-commerce in facilitating the transformation, upgrading and digital development of traditional industries and to optimize China’s foreign trade. Click here to read…

Beijing Xiangshan Forum Webinar to highlight Global Security Initiative: Xinhuanet

November 25, 2022

The Beijing Xiangshan Forum Webinar 2022 is set for Dec. 1 and 2, gathering experts and scholars under the theme of promoting the Global Security Initiative and safeguarding peace and development. Click here to read…

Changing of China’s diplomatic guard on agenda for this year’s party congress: South China Morning Post

August 21, 2022

With cross-strait tensions skyrocketing following this month’s controversial visit to Taiwan by Nancy Pelosi, the speaker of the US House of Representatives, all eyes are on who will lead China’s diplomatic corps after this autumn’s party congress. The congress is expected to see President Xi Jinping secure a third term as party general secretary and usher in a new line-up of younger Communist Party leaders. Click here to read…

China’s political advisors discuss employment-first policy: Xinhuanet

August 22, 2022

The Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC) National Committee convened a meeting on Monday to discuss the implementation of the country’s employment-first policy. Wang Yang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the CPPCC National Committee, attended the opening meeting of the 23rd session of the Standing Committee of the 13th CPPCC National Committee. Click here to read…

Chinese Foreign Ministry refutes wrongful remarks by U.S. Ambassador to China concerning Taiwan region: Xinhuanet

August 22, 2022

The Chinese Foreign Ministry on Monday refuted U.S. Ambassador to China Nicholas Burns’ wrongful remarks concerning the Taiwan region, noting his remarks confound right with wrong, and once again show the distorted and hegemonic logic of the United States. Click here to read…

Chinese public security authority urges better care for police officers: Xinhuanet

August 22, 2022

China will step up efforts to improve the care and protection provided to police officers, and see that their efforts are properly compensated, a newly released document shows. The document, released by the Communist Party of China committee of the Ministry of Public Security, calls for more efforts to safeguard the officers’ honor, protect their physical and mental health, and effectively implement relevant preferential policies. Click here to read…

China releases results of investigation into math textbook illustrations: Xinhuanet

August 22, 2022

China’s Ministry of Education (MOE) on Monday announced the results of an investigation into problematic illustrations in math textbooks for primary school students published by the People’s Education Press (PEP). According to an MOE statement, the illustrations of public concern failed to conform to the aesthetic preferences of the public in the overall painting style, and some of them did not meet high professional standards for illustration production. Certain illustrations featured errors and some other illustrations had the potential to cause misunderstandings. Click here to read…

Cooperation with China helps promote connectivity, poverty alleviation in Africa: Qiushi

August 22, 2022

When the Mombasa-Nairobi Standard Gauge Railway (SGR) was launched on May 31, 2017, Grace Wambui, a middle-aged Kenyan trader, could thus transport her goods seamlessly to earn profit. Constructed by the China Road and Bridge Corporation, the 480-km modern railway line, linking Kenya’s port city of Mombasa to the capital of Nairobi, has been at the heart of the country’s socio-economic transformation. Click here to read…

Employment stressed at CPPCC session: China Daily

August 22, 2022

China has made progress in promoting employment against the backdrop of the COVID-19 epidemic and an economic downturn, as the nation continues to implement its employment-first policy and secure a more stable job market. Click here to read…

Conference urges expediting vaccinations for seniors and vulnerable groups: China Daily

August 22, 2022

During a conference over the weekend, health officials and experts called for expediting COVID-19 vaccinations for the elderly and other vulnerable groups, while boosting research into the effects variants have on vaccines. Official data shows that as of Sunday, China had administered over 3.42 billion COVID-19 vaccine doses, and fully vaccinated over 90 percent of the population. Click here to read…

Six former staff of infamous Apple Daily to plead guilty; ‘little time left’ for diehard secessionists like Jimmy Lai: Global Times

August 22, 2022

Six former employees of Hong Kong’s secessionist media Apple Daily are going to plead guilty on the charge of violating the National Security Law (NSL) for Hong Kong, according to the court’s hearing on Monday. They faced charges of colluding with foreign forces to jeopardize national security, as well as printing, publishing, distributing, displaying, or copying inflammatory publications. Click here to read…

27 people punished over problematic math textbook illustrations: Global Times

August 22, 2022

China’s Ministry of Education (MOE) on Monday announced penalties for 27 people, including senior executives of People’s Education Press, after a three-month investigation into problematic illustrations in primary school math textbooks. The people involved either received serious warnings or were removed from their post. The Party chief of the publishing house, Huang Qiang, was given serious intra-Party warning and major demerit, and editor-in-chief Guo Ge was removed from the post. Click here to read…

Indian FM criticized for blaming China over border issue, as it’s India, not China, that has ‘disregarded’ and ‘violated’ bilateral pacts: Global Times

August 22, 2022

Indian External Affairs Minister Subrahmanyam Jaishankar’s recent remarks blaming China for the current China-India border issue could undermine the mutual trust and affect the development of bilateral relations, Chinese analysts warned. They said that it’s India, not China, that has disregarded and violated the bilateral pacts and encroached on China’s territory. Click here to read…

Will Toyota’s India strategy serve as reference for Chinese firms?: Global Times

August 22, 2022

Toyota is rebooting its strategy for India. This time, the Japanese carmaker is expected to focus more on lower-cost hybrids, instead of its flagship sedan in India – the Camry Hybrid, which is relatively expensive, Reuters reported on Monday. Central to Toyota’s new strategy is a drive to cut the cost of full hybrid powertrains by carrying out localized production in India, the report said. Click here to read…

China’s aviation regulator sets up goals for drone industry: Reuters

August 22, 2022

China’s civil aviation regulator on Monday proposed a roadmap for development of its civilian drone industry, saying it wanted to boost their use in inner-city logistics and eventually for long-haul goods transport. The proposed plan by the Civil Aviation Administration of China detailed various targets the regulator wanted its unmanned aerial vehicle (UAV) industry to reach by the years 2025, 2030 and 2035, including improving regulations and expanding airspace capacity for civilian UAVs. Click here to read…

Chinese military ship leaves Sri Lanka after controversial visit: Reuters

August 22, 2022

A Chinese military survey ship that docked at Sri Lanka’s Chinese-built port of Hambantota despite opposition from neighbouring India left on Monday after a week-long stay, the port company told Reuters. Click here to read…

Further policy support to shore up NEVs: People’s Daily

August 23, 2022

China’s latest package of favorable moves for new energy vehicles, including exempting NEV purchase taxes for another year, is expected to further ensure the sector’s smooth and healthy development, analysts said. Click here to read…

Pinduoduo to launch international e-commerce platform next month: Reuters

August 23, 2022

Chinese e-commerce giant Pinduoduo (PDD.O) plans to launch a cross-border e-commerce platform next month which will target the United States as its first market, a source with direct knowledge of the matter said. The company, a rival of Alibaba Group and JD.com in China, has briefed its merchants but details have not yet been finalized, the source said, declining to be named as the information was not public. Click here to read…

China says COVID has exacerbated decline in births, marriages: Reuters

August 23, 2022

China’s National Health Commission said COVID-19 has contributed to the decline in the country’s marriage and birth rates that has accelerated in recent years due to the high costs of education and child-rearing. Many women are continuing to delay their plans to marry or have children, it said, adding that rapid economic and social developments have led to “profound changes”.Click here to read…

Changing of China’s diplomatic guard on agenda for this year’s party congress: South China Morning Post

August 21, 2022

With cross-strait tensions skyrocketing following this month’s controversial visit to Taiwan by Nancy Pelosi, the speaker of the US House of Representatives, all eyes are on who will lead China’s diplomatic corps after this autumn’s party congress. The congress is expected to see President Xi Jinping secure a third term as party general secretary and usher in a new line-up of younger Communist Party leaders. Click here to read…

Chinese mainland reports 308 new local confirmed COVID-19 cases: Xinhuanet

August 23, 2022

The Chinese mainland on Monday reported 308 locally-transmitted confirmed COVID-19 cases, of which 205 were in Hainan Province, the National Health Commission said Tuesday. Altogether 1,440 local asymptomatic carriers were newly identified on Monday, including 520 in Hainan and 518 in Tibet Autonomous Region, said the commission in its report. Click here to read…

Rice-producing areas rev up drought relief: China Daily

August 23, 2022

Despite persistent drought, Cao Liming, a 50-year-old farmer in Jiangxi province, is still looking forward to a bumper harvest this year. Cao contracts about 12.7 hectares of farmland in Zhouxi township, where the irrigation water source relies mainly on Poyang Lake, China’s largest freshwater lake. Click here to read…

China’s new yuan loans rise in 2021: Xinhuanet

January 12, 2022

China’s new yuan-denominated loans totaled 19.95 trillion yuan (3.13 trillion U.S. dollars) in 2021, up 315 billion yuan year on year, central bank data showed Wednesday. In December alone, new yuan loans stood at 1.13 trillion yuan, down 123.4 billion yuan year on year, according to the People’s Bank of China (PBOC).Click here to read…

China unveils plan to boost digital economy in 2021-2025 period: Xinhuanet

January 12, 2022

China’s State Council on Wednesday rolled out a plan to facilitate the development of the digital economy in the 14th Five-Year Plan period (2021-2025). The country aims to raise the proportion of the added value of core digital economy industries in its GDP to 10 percent in 2025, up from 7.8 percent in 2020, according to the plan.Click here to read…

China’s NEV sales top globally for 7 consecutive years: Xinhuanet

January 12, 2022

China ranked first globally in terms of the sales of new energy vehicles (NEVs) for a seventh straight year in 2021, despite economic uncertainties and supply-chain pressure, official data showed Wednesday. The country’s NEV sales came in at 3.52 million units last year, according to the Ministry of Industry and Information Technology (MIIT).Click here to read…

China aims high in agricultural sci-tech innovation: Xinhuanet

January 13, 2022

China is striving to beef up its innovation capacity in agricultural science and technology to further safeguard food security of the country, according to a five-year development guideline of the Chinese Academy of Agricultural Sciences (CAAS) released on Wednesday.Click here to read…

Xi’s Party school lecture highlights CPC’s historical confidence: China Military

January 12, 2022

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, called on Tuesday for efforts to deepen the review, study, education and promotion of the CPC’s history so as to better understand and make good use of the historical experience of the Party over the past century.Click here to read…

Foreign car companies record mixed performances in Chinese market in 2021 with chip shortage becoming a headache for some firms: Global Times

January 12, 2022

Foreign car companies showed a mixed performance in the Chinese market last year with some brands, like BMW and Porsche, recording a surge in sales, while some companies are facing the challenge of a widespread chip shortage. According to a report by the Securities Times, sales of German automaker BMW in China hit a historical record in 2021. The company delivered 846,237 units in China last year, up 8.9 percent on a yearly basis. Following the same trend, Porsche delivered 95,671 cars in China in 2021, up 8 percent from the previous year, the report showed. Click here to read…

Nation to ramp up 6G innovations, satellite-empowered networks: Global Times

January 12, 2022

China vowed to increase support for 6G innovations and promote 6G international standardization in a digital economy development plan for 2021-25 released on Wednesday, reiterating the country’s ambition of maintaining its edge in the ultrafast 6G era, despite challenges and hurdles.Click here to read…

China steps up construction along disputed Bhutan border, satellite images show: Reuters

January 13, 2022

China has accelerated settlement-building along its disputed border with Bhutan, with more than 200 structures, including two-storey buildings, under construction in six locations, according to satellite image analysis conducted for Reuters. The images and analysis supplied to Reuters by U.S. data analytics firm HawkEye 360, which uses satellites to gather intelligence on ground-level activities, and vetted by two other experts, provide a detailed look into China’s recent construction along its frontier with Bhutan.Click here to read…

New US report dismisses Beijing’s claim to South China Sea ‘historical rights’: South China Morning Post

January 13, 2022

The US government stepped up its criticism of China’s territorial claims in the South China Sea on Wednesday, issuing a report that declares “historical rights” a meaningless term.
Referencing the 1982 United Nations Convention on the Law of the Sea (Unclos) and an international ruling dismissing most of China’s claims in the South China Sea, the US State Department said in its report, titled Limits in the Seas, that they “gravely undermine the rule of law in the oceans”.Click here to read…

Beijing raises NEV quota in 2022 new car plate allocation: Xinhuanet

December 29, 2021

Beijing Municipality will raise the quota of new-energy vehicles (NEVs) in the new car license plate allocation next year, authorities announced Wednesday. The city will allocate 100,000 new car plates in 2022, and the quota for NEVs will be increased from 60,000 to 70,000, according to the municipal office for car quota allocation management. Click here to read…

China unveils five-year plan to boost raw materials industry: Xinhuanet

December 29, 2021

Chinese authorities on Wednesday unveiled a plan to facilitate the development of the country’s raw materials industry during the 14th Five-Year Plan period (2021-2025). By 2025, a new development pattern for China’s raw materials sector that features higher quality, better profitability and distribution, low carbon, and more security will take shape, said the plan. It was issued jointly by the Ministry of Industry and Information Technology and two other government bodies. Click here to read…

Former senior provincial official indicted for graft, sheltering mafia-like gangs: Xinhuanet

December 29, 2021

Wang Like, a former senior Party official in east China’s Jiangsu Province, has been indicted on charges of taking and offering bribes, harboring and conniving mafia-like organizations, and forging identity documents, the Supreme People’s Procuratorate (SPP) said Wednesday. Click here to read…

Egypt to join BRICS New Development Bank: People’s Daily

December 30, 2021

The BRICS New Development Bank (NDB) announced Wednesday that it will add Egypt as its new member. “We are delighted to welcome Egypt into NDB’s family. We look forward to supporting its investment needs in infrastructure and sustainable development,” said Marcos Troyjo, president of the NDB. Click here to read…

China, Russia to sign new 5-year space cooperation program, build intl lunar station by 2035: Global Times

December 29, 2021

China and Russia will sign a new space Cooperation Program for 2023-2027 next year, which will include a plan to create an open and inclusive International Lunar Research Station (ILRS) by 2035, Russia’s national space agency Roscosmos told the Global Times in an exclusive interviewClick here to read…

China standardizes names of 15 more places in Zangnan based on sovereignty and history: Global Times

December 30, 2021

China’s Ministry of Civil Affairs announced on Wednesday that it had standardized in Chinese characters, Tibetan and Roman alphabet the names of 15 places in Zangnan (the southern part of China’s Xizang), in accordance with regulations on geographical names issued by the State Council. Click here to read…

Chinese customs fully prepares for the implementation of RCEP: Global Times

December 29, 2021

Chinese customs said it has fully prepared for the implementation of the Regional Comprehensive Economic Partnership (RCEP), days ahead of the formal implementation for the largest trade agreement. In terms of rules of origin and tariff concessions, the General Administration of Customs said on Wednesday that it has completed 38 specific tasks to ensure the full implementation of the rules of origin and the agreed tax rate, and established the shared information system of visa data and customs clearance data. Click here to read…

Afghan officials discuss digital currency with Chinese businessmen: Global Times

December 29, 2021

Amid a deepening financial crisis that is putting Afghanistan’s financial system on the brink of collapse, Afghan Taliban officials have approached Chinese businessmen and discussed topics concerning digital currency, a possible solution that some said could provide short-term relief to the capital crunch of the war-torn country, sources told the Global Times on WednesdayClick here to read…

China to speed up use of next-generation tech like 5G, AI in rare-earth industry: Global Times

December 29, 2021

A senior Chinese official on Wednesday called on rare-earth companies to accelerate their digital transformation and carry out mergers and reorganizations, as the country has moved swiftly to upgrade the crucial sector and build an efficient, robust industry cluster. The use of high technologies marked by 5G, artificial intelligence and the industrial internet should be integrated with the rare-earth industry to enhance production efficiency and product quality, Chang Guowu, an official from the Ministry of Industry and Information Technology (MIIT), said at a press conference in Beijing. Click here to read…

China’s jobseekers search for ‘stability’ as coronavirus and regulatory crackdowns take toll: South China Morning Post

December 30, 2021

Zhang Qijing left China for the United Kingdom last October to pursue a master’s degree she hoped would help her change career. Business at the inbound travel agency she worked for was decimated by pandemic travel restrictions and she wanted a fresh start. A higher degree would give her an edge in the labour market and help secure a more stable job as a public school teacher, she said. Pursuing further education seemed like an efficient way to wait out the pandemic too. Click here to read…

Tattoos targeted as Chinese authorities seek to set ‘good example’: Reuters

December 30, 2021

Chinese authorities have banned footballers from getting tattoos and instructed national team players who have been inked to remove or cover them up to set a “good example for society”. A growing number of high-profile Chinese players have been sporting tattoos, including international defender Zhang Linpeng, who has previously been told to cover up while appearing for both the national team and club side Guangzhou FC. Click here to read…

China to improve management and utilization of special local government bonds: Xinhuanet

November 24, 2021

China will refine the management of special local government bonds, optimize utilization of the funds and strengthen their supervision, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. Since the beginning of this year, in accordance with the newly-added quota approved by the National People’s Congress, local authorities have issued and utilized special local government bonds as appropriate, providing a strong underpinning for the development of key projects and major livelihood programs. Click here to read…

Xi urges sci-tech management system reform, development of unified electricity market system: Xinhuanet

November 24, 2021

Chinese President Xi Jinping has emphasized the importance of speeding up reform of the science and technology management system, as well as the development of a unified national market system for electric power. Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, also urged the development of a system under which principals assume overall responsibility at middle and primary schools under the leadership of Party organizations. Click here to read…

China-Russia internet media forum held to strengthen cooperation: People’s Daily

November 24, 2021

A forum intended to promote exchanges and strengthen cooperation between Chinese and Russian internet media outlets was held Monday. Under the theme — Promoting Exchanges and Mutual Learning, Deepening Practical Cooperation — the 2021 China-Russia Internet Media Forum was held via video link in Beijing and Moscow. Click here to read…

BRI projects given green emphasis: China Daily

November 25, 2021

China will place greater importance on making Belt and Road Initiative cooperation greener and more sustainable, according to a pledge included this month in a landmark resolution on the major achievements and historical experiences of the Communist Party of China over the past century. It was released after the sixth plenary session of the 19th Central Committee of the CPC. Click here to read…

Cars of the future await clearance for takeoff: China Daily

November 25, 2021

Traffic jams are a common problem in cities around the world, be it Beijing, Tokyo or New York, with some frustrated drivers wishing they could fly over vehicles blocking their path. Such ambitions may be fulfilled sooner than many expect, with “flying cars”, commonly known as electric vertical takeoff and landing vehicles, or eVTOLs, fast becoming a reality. HT Aero, an affiliate of Chinese electric vehicle maker Xpeng, demonstrated a flying car late last month, saying it plans to introduce these vehicles in 2024. Click here to read…

China’s top finance regulator vows to restrict banks’ illegal capital flows to real estate sector: Global Times

November 24, 2021

China’s top finance regulator vowed on Wednesday to enhance compliance work among banks nationwide in order to prevent illegal capital flows from banks to the real estate sector. Analysts said the regulation campaign is aimed at curbing risks following the problems experienced by real estate developer China Evergrande. Click here to read…

Beijing launches China’s first commercial pilot for autonomous driving services: Global Times

November 25, 2021

Beijing launched China’s first pilot for commercial autonomous driving travel services on Thursday, with many viewing the development as marking the end of the testing phase for autonomous driving and the beginning of broader market development. The first group of enterprises that are permitted to undertake pilot commercial activity will be restricted to within a 60 square kilometers area of the Beijing Economic and Technological Development Zone in Southern Beijing. Click here to read…

China plots economic recovery path, technological innovation a ‘matter of survival’ for Beijing: South China Morning Post

November 24, 2021

Beijing has pinned its hopes on improving the quality of its economic development and technological innovation to steer the world’s second largest economy through uncharted waters and external turmoil, China’s economic tsar said on Wednesday. In a 6,500-word article published by the ruling Communist Party’s flagship newspaper, the People’s Daily, Vice-Premier Liu He reflected on the key weakness of the country’s economic system. Xi Jinping’s key adviser also raised the possibility of further economic reforms, technological innovation and institutional high-level opening-up to tackle stubborn problems in the latest comments by a senior official amid concerns over an economic slowdown. Click here to read…

Where is Zhang Gaoli? Chinese politician accused by tennis star Peng keeps out of sight: Reuters

November 25, 2021

Even as Chinese tennis star Peng Shuai appeared on a video call with the Olympics chief, the former vice premier she accused of sexual assault has stayed silent and out of sight – maintaining the veil of secrecy that shrouds China’s political elite. Zhang Gaoli, who turns 75 this month, was accused by the former Olympian in a Nov. 2 social media post of coercing her into sex three years ago. Peng said she and Zhang, who was vice premier when Beijing was awarded the upcoming Winter Games, had conducted an on-off consensual relationship until he broke up with her. Click here to read…

Chinese dad makes medicine for dying son: Taipei Times

November 25, 2021

Two-year-old Xu Haoyang has likely just months to live — but the only medicine that can help his rare genetic condition is not found anywhere in China and closed borders due to the COVID-19 pandemic mean that he cannot travel for treatment. Instead, his desperate father, Xu Wei, has created a home laboratory to create a remedy for the boy himself. Click here to read…