Xi stresses improving biosecurity risk control, management system: Xinhuanet
September 29, 2021
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has stressed efforts to improve the country's risk control and management system on biosecurity, and to enhance its governance capacity in this regard. Xi made the remarks on Wednesday when addressing a study session of the Political Bureau of the CPC Central Committee. Click here to read
China donates emergency supplies to Afghanistan: Xinhuanet
September 30, 2021
A batch of emergency supplies donated by China arrived at Afghanistan's Kabul International Airport on Wednesday night and was handed over to the Afghan side. Chinese Ambassador to Afghanistan Wang Yu and acting minister of refugee affairs of the Afghan caretaker government Khalil-ur-Rehman Haqqani attended the handover ceremony at the airportClick here to read
China to tighten regulation of algorithms related to internet information services: Xinhuanet
September 29, 2021
Chinese regulators will strengthen the management of algorithms related to internet information services to foster "healthy" and "orderly" development of the industry.
A three-year campaign will seek to put in place a sound management mechanism and supervision system, and a standardized algorithm ecosystem, according to new guidelines issued by nine ministries or departments including the Cyberspace Administration of China. Click here to read
Hong Kong legislature passes amendments to national flag, national emblem bill: Xinhuanet
September 29, 2021
Hong Kong's legislature passed amendments to the national flag and national emblem bill on Wednesday. The National Flag and National Emblem (Amendment) Bill 2021 was approved in its third reading by the Legislative Council (LegCo) of China's Hong Kong Special Administrative Region (HKSAR). It was introduced to the LegCo on Aug. 18 for first and second readings. Click here to read
China, Bangladesh discuss economic, trade cooperation in post-pandemic era: People’s Daily
September 30, 2021
China and Bangladesh have discussed on how to promote the healthy development of economic and trade cooperation between the two countries in the post-COVID-19 pandemic era. The two sides had the discussions at the China-Bangladesh Economic and Trade Cooperation Forum 2021 and the inauguration of the Seventh Council of Chinese Enterprises Association in Bangladesh (CEAB) which were held virtually on Tuesday. Click here to read
Hong Kong's finance chief presents petition to wind up Jimmy Lai's Next Digital Ltd: People’s Daily
September 30, 2021
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, has presented a petition to the Court of First Instance to wind up Next Digital Limited, a company controlled by Jimmy Lai Chee-ying, an instigator of Hong Kong riots. The financial secretary is empowered to do so for the public interest, according to Hong Kong's Companies Ordinance. Click here to read
New Party chiefs of Anhui, Shandong appointed: China Daily
September 30, 2021
Zheng Shanjie has been appointed secretary of the Anhui Provincial Committee of the Communist Party of China (CPC), replacing Li Jinbin, according to a decision from the CPC Central Committee published Thursday. Li Ganjie has been appointed secretary of the CPC Shandong Provincial Committee, replacing Liu Jiayi, according to the decision. Click here to read
Central bank, banking regulator urge financial institutions to ensure stable housing market: Global Times
September 30, 2021
China's central bank and the banking regulator have emphasized the importance of a prudent real estate finance management system to achieve the goal of stabilizing home prices amid a debt crisis that overshadows one of the country’s largest property developers. At a meeting held on Wednesday with executives from 24 major banks across the country, regulators said that the prudent real estate financing management system has played an active role in serving the real economy, boosting economic transformation and the stable and sound development of the real estate industry on the principle that "houses are for living in, not for speculation." Click here to read
US, Chinese militaries hold 2 days of talks, stress the need for more: South China Morning Post
September 30, 2021
The US and Chinese militaries have concluded two days of high-level talks that stressed the need to maintain communication, after resuming defence dialogue in August for the first time since Joe Biden entered the White House. Speaking in the defence policy coordination discussions, held by video conference on Tuesday and Wednesday, were Michael Chase, the US’ deputy assistant secretary of defence for China, and Huang Xueping, deputy director for the Chinese military’s Office for International Military Cooperation. Click here to read
China defends role in Covid-19 origins hunt as pressure mounts for more research: South China Morning Post
September 29, 2021
China has sought to defend its cooperation with the World Health Organization in the search for the origins of Covid-19, releasing a summary of its actions so far. The report, published by state news agency Xinhua, comes as the WHO and world leaders press China to help with further research in the origins hunt and a deadline looms for appointments to a group to drive that work. On Wednesday, WHO chief Tedros Adhanom Ghebreyesus repeated his call for a second phase of research – with China’s cooperation – to start “as soon as possible”. Click here to read
China hidden local government debt rises to over half of GDP at US$8.2 trillion, Goldman Sachs report says: South China Morning Post
September 29, 2021
China’s hidden local government debt has swollen to more than half the size of the economy, according to economists at Goldman Sachs, who said the government will need to be flexible in dealing with this as revenue is already under pressure due to a slowdown in land sales. The total debt of local government financing vehicles (LGFVs) rose to around 53 trillion yuan (US$8.2 trillion) at the end of last year from 16 trillion yuan in 2013, the economists wrote in a report. That is equal to around 52 per cent of gross domestic product and is larger than amount of official outstanding government debt. Click here to read
China power crisis hammers SMEs as firms upend production, workers ‘dozing off’: South China Morning Post
September 29, 2021
China’s army of small and medium-sized manufacturers (SMEs) have been hit hard by the nationwide power crisis, with outputs slashed and sweltering working conditions taking their toll, while panic buying of raw materials and goods is becoming commonplace over fears prices are set to soar. Some producers are stockpiling inventory or buying equipment that uses less power, with Chinese media reporting on Tuesday that at least 20 out of 31 provincial jurisdictions have rolled out electricity-rationing measures in recent weeks, crippling businesses and households. Click here to read
Access to website dedicated to Tiananmen victims appears restricted in Hong Kong: Reuters
September 30, 2021
Access to an online museum dedicated to the victims of China's 1989 crackdown on pro-democracy protesters in and around Beijing's Tiananmen Square appeared to be restricted in Hong Kong, with the website accusing authorities of censorship.The Hong Kong Alliance in Support of Patriotic Democratic Movements of China, the organisers of annual June 4 vigils in the global financial hub, announced the opening of https://8964museum.com/ last month. The website operated independently from the Alliance, it said.Click here to read
