Local government and party agencies in China are rolling out rules to cut spending, including greater use of new energy vehicles, less tea and fewer indoor plants. They vowed to “get used to living a tight life” in every aspect in keeping with Beijing’s persistent call amid a faltering economy. The northwestern province of Shaanxi … Read more
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing in our spring flash sale. China’s finance and commerce ministers, as well as the heads of the People’s Bank of China, National Development and Reform Commission and China Securities Regulatory Commission, face the press … Read more
“If manufacturing companies want to stand firm in a competitive market, they must spare extra money on research and development,” Li said in a statement, according to the official Xinhua News Agency. China plans to turn hi-tech lab innovations into globally competitive goods China is endeavouring to shift its traditional economic model of mass production … Read more
The ceremony was held at Shanghai’s Longhua Funeral Home on Tuesday morning, according to a video from Shanghai-based Dragon TV. Tributes were also paid by retired policymakers, including China’s former vice-premier Liu He, who was Chinese President Xi Jinping’s top economic aide until he retired in March, as well as Li Lanqing, who served from … Read more
