Hu Xijin, former editor-in-chief of state-owned newspaper Global Times, is back on Chinese social media after more than three months of silence. Hu reappeared on microblogging platform Weibo with a post on Thursday evening that expressed personal delight at a new bridge over the Chaobai River connecting the outskirts of Beijing with neighbouring Hebei province. … Read more
Beijing’s quick endorsement of a scheme to raise the retirement age shows it is determined to address the problem of dwindling pension funds amid faltering economic growth and an ageing population, analysts say. But, they add, the changes are unlikely to be a silver bullet for fiscal shortfalls and could come with “political pain”. For … Read more
She managed to survive the fierce competition. After her graduation from Fudan, she expanded her master’s thesis on the gap between urban and rural students at top universities in China, and her findings were published early last year. Zheng’s book, which discusses class differences from a sociological perspective, is one of the most prominent of … Read more
It will also train legal professionals in overseas-related matters, research legal theory and offer legal services with an international focus, it said. Foreign-related rule of law refers to an initiative launched in 2020 aimed at connecting Chinese law with foreign and international law as Beijing’s global ambitions grow and competition with the West intensifies. Shaanxi’s … Read more
China’s economic system is founded on the reforms carried out in the 1990s. With the unification of dual exchange rates in 1994, markets became the main tool to set prices. Many state-owned enterprises were either privatised or went bankrupt. Since then, privately managed businesses have consistently gained ground. The conventional formula to describe the role … Read more
On July 18 this year, the third plenum concluded with a proposal for “further comprehensive deepening [of] reform”, a continuation of China’s pragmatic approach to development that Western analysts often underestimate. Long-term reform is a challenge. In Western democracies, political candidates campaign on promises of change, but after one or two terms, little may actually … Read more
Hu added that removing the phrase showed that China hoped to “achieve true equality between the private and the state-owned economy”. “Chinese society’s understanding, attitude and narrative of various ownership relations will have a big step forward,” Hu wrote in the article. This interpretation immediately triggered fierce criticism from China’s conservative bloggers, who accused Hu … Read more
The ministry added that an espionage indictment is not based on whether the culprit accepts money, nor if their actions have caused real harm to national security. Quoting China’s criminal law, the ministry pointed out that espionage activity – which carries a maximum penalty of life imprisonment – is not limited to collecting and providing … Read more
The document also covered a wide range of reform objectives for the next five years in areas including economic development, science and technology, human capital, defence, social security and ideology. And while the endorsement for the private sector is barely new – similar ones were made in government documents last year or even earlier – … Read more
The document, published by state news agency Xinhua on Sunday, lists a wide range of reform objectives to be completed by 2029, including more than 300 policy measures. It said the government would move to raise the retirement age in an “orderly” and “gradual” way and seek to develop the “silver economy” to create diverse … Read more
