Economist urges China to push further to elevate private sector as draft law disappoints

Economist urges China to push further to elevate private sector as draft law disappoints

The status of the private sector should be raised under China’s private economy promotion law, a leading economist said amid widespread disappointment about a draft of the law that is out for public comment until November 8. The introduction of the first basic law regarding the development of the private sector is a “milestone” event, … Read more

Stars’ National Day messages for mainland China spark cross-strait controversy

Stars’ National Day messages for mainland China spark cross-strait controversy

Congratulatory National Day messages from two Taiwanese stars famous for their past criticisms of Beijing’s policies have caused controversy on both sides of the Taiwan Strait. Wu Kang-ren – who won best actor prize at last year’s Golden Horse film awards for his role in Abang Adik – marked the 75th anniversary of the People’s … Read more

China’s top planner vows to help private firms ‘conquer difficulties’ to boost economy

China’s top planner vows to help private firms ‘conquer difficulties’ to boost economy

China’s top economic planner has reassured private entrepreneurs it will “spare no effort” to help companies “conquer difficulties”, in Beijing’s latest move to revive the economy. Zheng Shanjie, head of the National Development and Reform Commission (NDRC), hosted a meeting on Friday with representatives from several private companies to learn about business conditions, problems they … Read more

Why the US-China tech war has put bugs in the academic system back in Beijing’s sights

Why the US-China tech war has put bugs in the academic system back in Beijing’s sights

It was just four months ago, on May 17, when Sun Beicheng made headlines around the world as he led a team that successfully transplanted a genetically modified pig liver into a patient with liver cancer. By July, Sun was making headlines again, but this time he was one of six researchers named and shamed … Read more

China’s third plenum: few ‘bold’ moves in store but analysts watch for structural reforms as Xi’s vision leads the way

China’s third plenum: few ‘bold’ moves in store but analysts watch for structural reforms as Xi’s vision leads the way

The 370 or so members of the committee, chosen at each twice-a-decade national congress, include the party’s top decision-making Politburo, as well as ministers, provincial party secretaries, senior generals and heads of state-owned enterprises (SOEs). They usually gather for seven plenary sessions over the committee’s five-year term. The third plenum has been a landmark event … Read more

China’s rush to prop up housing sector aims to boost confidence ahead of third plenum: analysts

China’s rush to prop up housing sector aims to boost confidence ahead of third plenum: analysts

The traditional field trips came in the lead-up to the party’s third plenary session in July, where its top policymaking body – the Central Committee – will set out the country’s general economic strategy for the next five to 10 years. “The new measures certainly show that the authorities want to put a floor under … Read more

Chinese Nationals Illegally Entering US Increased by 7000% Since 2021, Sparking National Security Concerns

Chinese Nationals Illegally Entering US Increased by 7000% Since 2021, Sparking National Security Concerns

The US is facing growing challenges of illegal immigration as more and more Chinese migrants are crossing over to the country through the San Diego border. Over the years, the US has been dealing with immigration issues at the Mexican border which was mostly used by Mexican nationals. But now, a report has found that … Read more

With China’s economic plenum still unscheduled, observers worry politics remain in command

With China’s economic plenum still unscheduled, observers worry politics remain in command

Top priorities will include party discipline and cohesion, according to a statement issued after the meeting, though “high-quality development” was also emphasised. National security and upholding unity under the party and central government’s leadership remain the most crucial goals, while other matters such as youth employment and economic rejuvenation seem to rank lower, observers and … Read more

Xi Jinping urges ‘to the letter’ compliance as China’s economic recovery remains top concern

Xi Jinping urges ‘to the letter’ compliance as China’s economic recovery remains top concern

Xi’s comments, seen in a report released in the wake of the two-day conference, offer essential guidance for policymakers – and for observers, clear signs the country’s top leader sees movement has been lacking. You cannot procrastinate, dragging on small things until they become big ones, and delaying big things until they explodeXi Jinping “To … Read more