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
