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The Chinese leadership’s advocacy for measures to support and spur growth in the private sector economy intensified in 2023, but the protection of private firms’ assets and rights remain a concern.
- National Data Administration debuts as Beijing seeks to outpace the US and other Western rivals in setting norms and standards
- Growth of artificial intelligence is key driver behind bureau tasked with regulating vast and fast-growing pool of data, analysts say
The reinvigorated state of the tech sector is reflected in the recruitment efforts of several large firms, including Alibaba, ByteDance and Meituan.
China’s satellites likely to be placed in orbits lower than US counterparts ‘to minimise collision risks and maintain safe distances’, expert writes in CPPCC Daily
The Hang Seng Tech Index, representing the 30 largest technology firms listed in Hong Kong, surged 6 per cent on Tuesday in response to the pro-growth message of China’s highest policymaking body.
Having one regulator oversee key aspects of data governance in China is expected to benefit both local and international businesses.
Sales of nianhuo, Lunar New Year specialities, rose 30 per cent year on year on Alibaba shopping platforms Tmall and Taobao during the period from January 1 to 16.
China’s top economic planner will tighten supervision of iron ore pricing after the steelmaking ingredient’s surge in recent months.
China’s data trading initiative is expected to bring new opportunities that will allow people to share the benefits of the country’s digital economy.
Shenzhen’s Electronic Components and Integrated Circuits International Trading Centre, based in the city’s Qianhai economic zone, has an initial capitalisation of US$304 million.
The review requirement reflects Beijing’s efforts to tighten cross-border data flows and safeguard what it considers as sensitive information.
China’s economic performance has been ‘outstanding’ from a global point of view and growth ‘rebounded significantly’ in the third quarter, says the nation’s top economic planning agency.
Autonomous buses will be allowed to operate in closed routes, while self-driving taxis would run on roads with controlled traffic conditions, according to the transport ministry’s draft guidelines.
China’s 14th five-year plan for energy stresses independence and import diversification, but cooperation with Russia is tipped to grow following international isolation over its invasion of Ukraine.
China aims to establish a complete hydrogen industry covering transport, energy storage and industry, and raise the portion of the gas in its energy mix by 2035, according to plans released on Wednesday.
Delegates at the ‘two sessions’ political gathering have made various suggestions as to how China should build the mega network.
Energy storage is a key part of the Chinese government strategy to decarbonise the energy system and put the world’s second-largest economy on the path to achieve carbon neutrality by 2060
Beijing’s directive for on-demand delivery providers to cut the fees they charge restaurants has a put a cap on their profit margins, analysts say.
The strategy is expected to advance China’s hi-tech self-sufficiency drive amid a race between Beijing and Washington to overcome the global chip shortage.
Investors of China’s offshore debt are nervously watching for Beijing’s signals in handling the US$232 billion of offshore bonds, promissory notes and other financial instruments issued by highly leveraged developers.
The National Development and Reform Commission has added cryptocurrency mining to a list of industries that China wants to abolish.
The central government’s moves to rein in sky-high raw material costs have raised questions about excessive price interference and market distortions.
The powerful National Development and Reform Commission has told China’s metal industry it is cracking down on illegal activity, such as hoarding and speculation.
Beijing has ordered Chinese steelmakers to begin scaling back production capacity from June to avoid overcapacity and help the nation meet emissions reductions targets.
China ‘indefinitely suspended’ the China-Australia Strategic Economic Dialogue on Thursday amid ongoing tensions between Beijing and Canberra.
President Xi Jinping says Shanghai and the three neighbouring provinces of Jiangsu, Zhejiang and Anhui will be a model for the implementation of the new economic plan.
By the end of this year, non-degradable plastic bags will be banned in places such as supermarkets and shopping malls in major cities, as well as in the country’s ubiquitous food delivery services.
The programme, an extension of the 2014 edict by the State Council to accelerate the development of the sports industry, foresees more than 70,000 pitches available for public use by next year.
China quietly tightened national security reviews for foreign investments, but it is not clear what criteria it will use and whether international firms can appeal.
Liquidation plans for state-owned enterprises in regions including Hebei, Heilongjiang, Henan and Shaanxi underway, but fears this may add to anxieties over unemployment.
