President Xi Jinping has issued a slew of economic-centric instructions in the past week, at a time all eyes are watching Beijing’s stimulus package aimed at shoring up China’s economy. The latest message from Xi was conveyed on Sunday in the northeastern city of Tianjin during an event to celebrate the 40th anniversary of China’s … Read more
Science and technology should lead the modernisation of China, President Xi Jinping emphasised, as he gave a fresh push to innovation in the southeastern hi-tech hub of Hefei earlier this week. “To advance modernisation in the Chinese style, science and technology must take the lead, with technological innovation being the necessary path to follow,” Xi … Read more
China’s government has announced it is lifting the retirement age for workers. The changes set to go into effect from January 1, 2025, are seen as an attempt to mitigate the effects of a rapidly ageing society and slow down the draining of pension funds. About half of all provincial administrative regions across the nation … Read more
Since the severing of ties with the Alila brand in June 2020, the old mill has been run independently by Chan and Yang, but they have now earmarked it as the launch property of a heritage-focused hospitality brand built around “nature, terroir, presence and aura” – Aurua. Danny T.T. Chan (centre) by the Sugar House … Read more
An influential financial newspaper in Beijing has warned that China must improve its disaster prevention and mitigation capabilities to counter the impact of more frequent extreme weather events on the country’s agricultural production. “Meteorological disasters are the most important factor in reducing food production,” a commentary published by the state-owned Economic Daily said on Tuesday. … Read more
According to official readouts, at least four provincial and municipal committees of the National Security Commission held meetings in May and early June. The readouts were brief and made no mention of specific events or targets. At a meeting in the southeastern province of Anhui on June 3, party chief Han Jun emphasised Xi’s “holistic … Read more
This week, four of the seven members of the Politburo Standing Committee – Premier Li Qiang, the country’s top lawmaker Zhao Leji, top political adviser Wang Huning and first Vice-Premier Ding Xuexiang – were touring the country while President Xi Jinping was in Europe with other senior officials. Li visited Xinjiang between Tuesday and Thursday, … Read more
The hi-tech manufacturing hub of Suzhou has unveiled a plan to double the city’s cross-border e-commerce annually for the next three years, as it looks to tap into the growing influence of Chinese platforms such as Shein and PPD Holdings’ Temu. The municipal government of the city in eastern Jiangsu province has issued a policy … Read more
Semiconductor Manufacturing International Corp (SMIC) and Huawei Technologies, two key players in Beijing’s efforts to defeat US sanctions on advanced chips, are among the country’s top recipients of local government funding this year, according to published government documents. In Shanghai, 16 out of 191 major projects that have local government subsidies are related to the … Read more
To mark the anniversary of the practice, Xi’s teachings have been promoted as part of an education campaign for cadres. In late December, hundreds of officials gathered in Beijing to attend a forum chaired by Politburo member Li Ganjie, with similar events held around the country. However, while cadres are studying and imitating Xi’s ideas … Read more
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