Tag Archives: SMEs

China: Daily Scan, March 9, 2022

NPC Constitution, Law Committee deliberates draft amendment to law on local

legislatures, governments: Xinhuanet
March 9, 2022

The Constitution and Law Committee of the National People’s Congress (NPC) on Monday deliberated a draft amendment to the Organic Law of the Local People’s Congresses and Local People’s Governments. Click here to read…

China’s national legislature holds 2nd plenary meeting of annual session: Xinhuanet
March 9, 2022

The fifth session of the 13th National People’s Congress (NPC), China’s national legislature, held its second plenary meeting Tuesday. Chinese leaders Xi Jinping, Li Keqiang, Wang Yang, Wang Huning, Zhao Leji, Han Zheng and Wang Qishan attended the meeting. Click here to read…

Top commander’s call to strengthen national defense: Xinhuane
March 8, 2022

Chinese President Xi Jinping on Monday highlighted the need to run the military in accordance with the law, issuing his call during a plenary meeting of national lawmakers from the armed forces at the annual session of the National People’s Congress (NPC), China’s top legislature. Click here to read…

China better protects women’s rights, interests via law revision: : Xinhuanet
March 9, 2022

Chinese legislators have attached great importance to the protection of women’s rights and interests, according to a work report submitted Tuesday to the country’s national legislature for review. Click here to read…

Chinese, Pakistani FMs hold phone talks: Xinhuanet
March 9, 2022

Chinese State Councilor and Foreign Minister Wang Yi on Tuesday held a phone conversation with Pakistani Foreign Minister Shah Mahmood Qureshi at the latter’s request. Wang strongly condemned the recent serious terrorist attack in Peshawar city, Pakistan, and once again expressed sincere condolences to Pakistan, saying that China firmly supports Pakistan’s efforts to fight terrorism and safeguard national security and stability. Click here to read…

China urges U.S. to release details of bio-labs in Ukraine: Xinhuanet
March 8, 2022

Chinese foreign ministry on Tuesday called on the United States to release all-around details of its biological laboratories in Ukraine, and urged relevant parties to ensure their safety. Click here to read…

Xi holds virtual summit with leaders of France, Germany: Xinhuanet
March 9, 2022

Chinese President Xi Jinping had a virtual summit with French President Emmanuel Macron and German Chancellor Olaf Scholz on Tuesday. Xi pointed out that the combined impact of major global changes and the pandemic, both unseen in a century, has brought multiple global challenges that need to be addressed through global cooperation. Click here to read…

SMEs can solidify industrial economy: Xinhuanet
March 9, 2022

China’s greater emphasis on cultivating competitive small and medium-sized enterprises will help further stabilize the industrial chain and trigger the vitality of its industrial economy, officials and experts said. The comments came after the 2022 Government Work Report said China will work to nurture specialized and sophisticated enterprises that produce new and unique products. Click here to read…

China home to 2 mln 5G base stations by end of 2022: Xinhuanet
March 8, 2022

China will work to ensure the number of 5G base stations tops 2 million this year, Minister of Industry and Information Technology Xiao Yaqing said Tuesday. China currently houses around 1.43 million 5G base stations and over 500 million 5G users, Xiao told journalists on the sidelines of the ongoing “two sessions,” adding that the country will also make plans to develop 6G technology. Click here to read…

China’s economic planner outlines reform priorities to further boost growth: Quishi

March 9, 2022

China will carry out major reform measures to further stimulate growth and reduce pressure on its economic and social development, the country’s top economic planner said Monday. Click here to read…

More people charged with buying trafficked women, children: China Daily
March 8, 2022

The number of people charged with the crime of buying trafficked women and children increased to 328 last year from 155 in 2000, according to an annual work report of the Supreme People’s Procuratorate, China’s top prosecuting authority. Click here to read…

Science and tech reforms priority for New Year: China Daily
March 9, 2022

Fully implementing reforms and policies related to science and technology will be a priority this year, Wang Zhigang, minister of science and technology, said on Tuesday on the sidelines of the ongoing two sessions. Enhancing basic research, developing technologies that can support China’s socioeconomic growth, training top-notch talent and improving the country’s overall innovation environment are key goals of the reforms, he added. Click here to read…

Political advisor proposes increasing economic compensations for full-time housewives in case of divorce: Global Times

March 8, 2022

A political advisor’s proposal during China’s two sessions this year calling for raising the amount of economic compensation for full-time housewives has stirred up heated discussions on China’s social media. Click here to read…

Chinese legislator urges efficient use of PLA strategic airlift, installing logistics support devices at civil airports: Global Times
March 8, 2022

China should take advantage of the People’s Liberation Army (PLA) Air Force’s growing fleet of Y-20 strategic transport aircraft by deploying them in a centralized and highly efficient way, and preinstall related logistics support equipment and devices across the country’s civil airports for the Y-20, a Chinese legislator suggested at the ongoing two sessions in Beijing. Click here to read…

FC-31 stealth fighter spearheads display of cutting-edge Chinese equipment at Saudi Arabia’s 1st World Defense Show: Global Times
March 9, 2022

The Chinese arms industry brought a wide selection of cutting-edge weapons and equipment, including the FC-31 stealth fighter jet, to the ongoing first edition of Saudi Arabia’s World Defense Show in Riyadh. Click here to read…

China’s Xi conveys to France, Germany opposition to Russia sanctions: Kyodo
March 8, 2022

Chinese President Xi Jinping on Tuesday voiced opposition to punitive sanctions on Russia by Western countries over its attack on Ukraine during a trilateral video summit with his French and German counterparts, state-run media reported. Xi also told French President Emmanuel Macron and German Chancellor Olaf Scholz that China is willing to “play an active role” in settling the ongoing crisis “according to the needs of all parties concerned,” the media said without elaborating. Click here to read…

Two Sessions 2022: electric vehicle bosses propose two different charging solutions as booming industry charts a future course: South China Morning Post
March 9, 2022

Two heavyweights in China’s electric vehicle (EV) industry have lobbied Beijing for different approaches to charging, a key issue in the development of the new energy vehicle market in the country. Lei Jun, chief executive officer of smartphone giant Xiaomi which has recently entered the market and Geely CEO Li Shufu, an automobile industry veteran, have tabled different proposals at China’s annual political gathering asking for the government to change the charging approach for EVs. Click here to read…

China: Daily Scan, December 20, 2021

China’s State Council appoints, removes officials: Xinhuanet
December 17, 2021

China’s State Council, the cabinet, on Friday announced the appointment and removal of officials. Yu Jiadong was appointed vice minister of human resources and social security. Sheng Qiuping was appointed assistant minister of the Ministry of Commerce.Yan Qinghui was appointed deputy head of the National Healthcare Security Administration. .Click here to read…

Zhang Guoqing elected Party chief of China’s Liaoning: Xinhuanet
December 18, 2021

Zhang Guoqing has been elected secretary of the Liaoning Provincial Committee of the Communist Party of China (CPC). Zhang was elected to the post at the first plenary session of the 13th CPC Liaoning Provincial Committee on Saturday.Click here to read…

Chinese researchers develop light-splitting solar greenhouse roof: Xinhuanet
December 17, 2021

Chinese researchers have developed a new type of light-splitting greenhouse roof that can allow visible light to enter while converting near-infrared light into electricity. A group of researchers from the Institute of Environment and Sustainable Development in Agriculture, affiliated with the Chinese Academy of Agricultural Sciences, developed this new greenhouse covering structure based on the solar spectral splitting utilization, according to China Science Daily.Click here to read…

China to create 1 mln innovative SMEs by 2025: Quishi
December 20, 2021

China aims to cultivate 1 million innovative small and medium-sized enterprises (SMEs) by 2025, according to a government guideline on the development of SMEs during the 14th Five-Year Plan period (2021-2025). By then, the country will also incubate 100,000 SMEs that feature specialization, refinement, uniqueness and innovation, and 10,000 “little giant” firms, which refer to small enterprises in their early stage of development and focusing on high-end technologies, said the guideline jointly released by the Ministry of Industry and Information Technology and 19 other ministries and government departments. .Click here to read…

Xi stresses building unified national market, enhancing government oversight: China Military
December 18, 2021

Chinese President Xi Jinping on Friday urged efforts to build a unified national market at a faster pace and enhance government oversight efficacy. Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, also stressed furthering the construction of world-class universities and first-class disciplines. .Click here to read…

China issues white paper on HKSAR democracy, stresses CPC, central govt’s role as guardian of its democracy: Global Times
December 20, 2021

Shortly after the Legislative Council election in the Hong Kong Special Administrative Region (HKSAR) concluded on Monday morning with all 90 seats elected, the Chinese central government released a white paper on Monday titled Hong Kong Democratic Progress Under the Framework of One Country, Two Systems, which stresses that there is no question that the Communist Party of China (CPC) and the Chinese government designed, created, safeguarded and pushed forward Hong Kong’s democratic system. .Click here to read…

China’s 2nd aircraft carrier conducts exercises in South China Sea: Global Times
December 19, 2021

The Shandong, the second aircraft carrier of the Chinese People’s Liberation Army (PLA) Navy, recently set out for realistic combat-oriented drills in the South China Sea, in a move experts said on Sunday will enhance its capabilities. Since reports suggested that the Liaoning, the PLA Navy’s first aircraft carrier, is also currently undertaking drills in the Pacific Ocean, observers are looking forward to seeing the Liaoning and the Shandong form a dual carrier group for the first time in the not-too-distant future. .Click here to read…

Pro-Beijing candidates sweep ‘patriots’-only Hong Kong vote amid low turnout: Reuters
December 20, 2021

Pro-Beijing candidates swept to victory in an overhauled “patriots”-only legislative election in Hong Kong that was deemed regressive by critics, with turnout hitting a record low amid a crackdown on the city’s freedoms by China. The turnout of 30.2% was almost half that of the previous legislative poll in 2016, with the latest results showing almost all of the seats being taken by pro-Beijing and pro-establishment candidates. .Click here to read…

China’s future spaceplane may be able to take off and land at airports: South China Morning Post
December 19, 2021

China’s space flight technology may have advanced beyond that of the United States as it can now launch spaceplanes without rocket propulsion, according to a Chinese military magazine. It means the spaceplanes will not need launch sites and will be able to take off and land at airports – a cost-saving development that has added to concerns over the weaponisation of space. China is developing a spaceplane known as Tengyun, which has a horizontal take-off and horizontal landing (HTHL) system. That gives it an advantage over the US equivalent, the X-37B Orbital Test Vehicle (OTV), which is rocket-launched, according to military magazine Naval and Merchant Ships. .Click here to read…

Hit back when criticised on human rights’: Xi to officials: South China Morning Post
December 18, 2021

Chinese officials should “resolutely hit back” whenever confronted by the West on human rights, President Xi Jinping instructed China’s ruling elite in 2014, a new book has revealed.
In a February meeting that year, just 11 months into his first term as state president, Xi told about 170 ministerial-level officials that there were plenty of problems in the West. “When Western leaders talked to me about human rights, I always said there’s no such a thing as best human rights, only better human rights,” he said. “By saying that, I mean of course China’s human rights need development but you also have lots of problems on human rights, too.” .Click here to read…

China’s hydrogen energy industry accelerates as country races towards carbon neutral goal: South China Morning Post
December 17, 2021

China’s hydrogen energy industry is taking off thanks to huge investment over the past five years, as the country pushes towards peaking emissions by 2030 and reaching carbon neutrality by 2060, industry insiders and experts say. Authorities’ tolerance for trial and error and China’s huge market potential are key factors in its world-leading hydrogen energy development, according to observers. In 2016, key components and materials for hydrogen fuel cell electric cars in China relied on imports, and most domestic products were only in the R&D stage, according to Li Wei, vice general manager of the China Automotive Technology & Research Centre. .Click here to read…

China: Daily Scan, September 30, 2021

Xi stresses improving biosecurity risk control, management system: Xinhuanet
September 29, 2021

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has stressed efforts to improve the country’s risk control and management system on biosecurity, and to enhance its governance capacity in this regard. Xi made the remarks on Wednesday when addressing a study session of the Political Bureau of the CPC Central Committee. Click here to read

China donates emergency supplies to Afghanistan: Xinhuanet
September 30, 2021

A batch of emergency supplies donated by China arrived at Afghanistan’s Kabul International Airport on Wednesday night and was handed over to the Afghan side. Chinese Ambassador to Afghanistan Wang Yu and acting minister of refugee affairs of the Afghan caretaker government Khalil-ur-Rehman Haqqani attended the handover ceremony at the airportClick here to read

China to tighten regulation of algorithms related to internet information services: Xinhuanet
September 29, 2021

Chinese regulators will strengthen the management of algorithms related to internet information services to foster “healthy” and “orderly” development of the industry.
A three-year campaign will seek to put in place a sound management mechanism and supervision system, and a standardized algorithm ecosystem, according to new guidelines issued by nine ministries or departments including the Cyberspace Administration of China. Click here to read

Hong Kong legislature passes amendments to national flag, national emblem bill: Xinhuanet
September 29, 2021

Hong Kong’s legislature passed amendments to the national flag and national emblem bill on Wednesday. The National Flag and National Emblem (Amendment) Bill 2021 was approved in its third reading by the Legislative Council (LegCo) of China’s Hong Kong Special Administrative Region (HKSAR). It was introduced to the LegCo on Aug. 18 for first and second readings. Click here to read

China, Bangladesh discuss economic, trade cooperation in post-pandemic era: People’s Daily
September 30, 2021

China and Bangladesh have discussed on how to promote the healthy development of economic and trade cooperation between the two countries in the post-COVID-19 pandemic era. The two sides had the discussions at the China-Bangladesh Economic and Trade Cooperation Forum 2021 and the inauguration of the Seventh Council of Chinese Enterprises Association in Bangladesh (CEAB) which were held virtually on Tuesday. Click here to read

Hong Kong’s finance chief presents petition to wind up Jimmy Lai’s Next Digital Ltd: People’s Daily
September 30, 2021

Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, has presented a petition to the Court of First Instance to wind up Next Digital Limited, a company controlled by Jimmy Lai Chee-ying, an instigator of Hong Kong riots. The financial secretary is empowered to do so for the public interest, according to Hong Kong’s Companies Ordinance. Click here to read

New Party chiefs of Anhui, Shandong appointed: China Daily
September 30, 2021

Zheng Shanjie has been appointed secretary of the Anhui Provincial Committee of the Communist Party of China (CPC), replacing Li Jinbin, according to a decision from the CPC Central Committee published Thursday. Li Ganjie has been appointed secretary of the CPC Shandong Provincial Committee, replacing Liu Jiayi, according to the decision. Click here to read

Central bank, banking regulator urge financial institutions to ensure stable housing market: Global Times
September 30, 2021

China’s central bank and the banking regulator have emphasized the importance of a prudent real estate finance management system to achieve the goal of stabilizing home prices amid a debt crisis that overshadows one of the country’s largest property developers. At a meeting held on Wednesday with executives from 24 major banks across the country, regulators said that the prudent real estate financing management system has played an active role in serving the real economy, boosting economic transformation and the stable and sound development of the real estate industry on the principle that “houses are for living in, not for speculation.” Click here to read

US, Chinese militaries hold 2 days of talks, stress the need for more: South China Morning Post
September 30, 2021

The US and Chinese militaries have concluded two days of high-level talks that stressed the need to maintain communication, after resuming defence dialogue in August for the first time since Joe Biden entered the White House. Speaking in the defence policy coordination discussions, held by video conference on Tuesday and Wednesday, were Michael Chase, the US’ deputy assistant secretary of defence for China, and Huang Xueping, deputy director for the Chinese military’s Office for International Military Cooperation. Click here to read

China defends role in Covid-19 origins hunt as pressure mounts for more research: South China Morning Post
September 29, 2021

China has sought to defend its cooperation with the World Health Organization in the search for the origins of Covid-19, releasing a summary of its actions so far. The report, published by state news agency Xinhua, comes as the WHO and world leaders press China to help with further research in the origins hunt and a deadline looms for appointments to a group to drive that work. On Wednesday, WHO chief Tedros Adhanom Ghebreyesus repeated his call for a second phase of research – with China’s cooperation – to start “as soon as possible”. Click here to read

China hidden local government debt rises to over half of GDP at US$8.2 trillion, Goldman Sachs report says: South China Morning Post
September 29, 2021

China’s hidden local government debt has swollen to more than half the size of the economy, according to economists at Goldman Sachs, who said the government will need to be flexible in dealing with this as revenue is already under pressure due to a slowdown in land sales. The total debt of local government financing vehicles (LGFVs) rose to around 53 trillion yuan (US$8.2 trillion) at the end of last year from 16 trillion yuan in 2013, the economists wrote in a report. That is equal to around 52 per cent of gross domestic product and is larger than amount of official outstanding government debt. Click here to read

China power crisis hammers SMEs as firms upend production, workers ‘dozing off’: South China Morning Post
September 29, 2021

China’s army of small and medium-sized manufacturers (SMEs) have been hit hard by the nationwide power crisis, with outputs slashed and sweltering working conditions taking their toll, while panic buying of raw materials and goods is becoming commonplace over fears prices are set to soar. Some producers are stockpiling inventory or buying equipment that uses less power, with Chinese media reporting on Tuesday that at least 20 out of 31 provincial jurisdictions have rolled out electricity-rationing measures in recent weeks, crippling businesses and households. Click here to read

Access to website dedicated to Tiananmen victims appears restricted in Hong Kong: Reuters
September 30, 2021

Access to an online museum dedicated to the victims of China’s 1989 crackdown on pro-democracy protesters in and around Beijing’s Tiananmen Square appeared to be restricted in Hong Kong, with the website accusing authorities of censorship.The Hong Kong Alliance in Support of Patriotic Democratic Movements of China, the organisers of annual June 4 vigils in the global financial hub, announced the opening of https://8964museum.com/ last month. The website operated independently from the Alliance, it said.Click here to read