Yan Pengcheng, who served under He in various roles at the National Development and Reform Commission (NDRC), has been appointed as a deputy head of the general office of the Central Financial and Economic Affairs Commission. The latter is a powerful Communist Party body responsible for managing the world’s second-largest economy and He is director … Read more
Chinese vice-premier He Lifeng has called for improvements in the performance and profitability of listed firms, a signal that Beijing wants to see more support for China’s ailing stock market and a boost in confidence along with it. He made the remarks during a nationwide teleconference attended by cadres from all regions on Monday, during … Read more
China’s Huawei Technologies will start building its mobile phone network equipment factory in France next year, a source familiar with the matter said, pressing ahead with its first plant in Europe even as some European governments curb the use of the firm’s 5G gear. The company outlined plans for the factory with an initial investment … Read more
