China: Daily Scan, January 28, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
China hands punishments to 19,489 officials in December 2021 for violating frugality rules: Xinhuanet
January 27, 2022

China handed punishments to 19,489 officials in December 2021 for violating the country's eight-point rules on improving Party and government conduct, China's top anti-graft body announced on its website on Thursday. Click here to read...

Chinese premier holds symposium with foreign experts in China: Xinhuanet
January 27, 2022

Premier Li Keqiang on Wednesday afternoon held a symposium in Beijing with representatives of foreign experts working in China before the Spring Festival or the Chinese Lunar New Year. Li extended Lunar New Year greetings to the foreign experts and thanked them for their contributions to China's reform, opening-up, and modernization. Click here to read...

China issues 5-year plan to modernize market regulation: Xinhuanet
January 27, 2022

China's State Council has issued a plan to advance the modernization of the country's market regulation over the 14th Five-Year Plan period (2021-2025). The plan calls for continuously optimizing the business environment in China to fully stimulate the vitality of market entities. Click here to read...

Tibet leads the country in resident income growth: Xinhuanet
January 27, 2022

The per capita disposable income for residents in southwest China's Tibet Autonomous Region expanded 14.7 percent year on year to 24,950 yuan (around 3,936 U.S. dollars) in 2021, leading the country in income growth. The average annual increase of the past two years was 13.1 percent, the regional government announced at a press conference on Thursday. Click here to read...

China vigorously boosts development of outstanding SMEs: Quishi
January 28, 2022

Hubei Kofon intelligent transmission equipment Co., Ltd., an innovative small and medium-sized enterprise (SME) specializing in the research and development (R&D) as well as production of reduction gear, provides more than 85 percent of the reduction gears in pipe jacking machines used in the construction of underground pipe galleries and over 80 percent of the speed reducers in the railings for electronic toll collection (ETC) at expressway toll stations in China. Click here to read...

Strong link between Party and religious work stressed: China Daily
January 28, 2022

China's top political adviser Wang Yang extended Spring Festival greetings on Thursday to religious figures and believers nationwide and called for efforts to encourage religions in China to better adapt to socialist society. Click here to read...

Floods spark reshuffle in Zhengzhou: China Daily
January 28, 2022

The leadership of Zhengzhou, capital of Henan province, which was ravaged by catastrophic flooding last year, has been reshuffled as central authorities sum up lessons from the city's inadequate emergency response to extreme rainfall, a phenomenon likely to become more frequent amid global warming. Click here to read...

China's Space Program: A 2021 Perspective: China Daily
January 28, 2022

The State Council Information Office of the People's Republic of China published a white paper titled "China's Space Program: A 2021 Perspective" on Friday.

Following is the full text of the white paper:

China's Space Program: A 2021 PerspectiveClick here to read...

NGO of Muslims fooled by anti-China WUC to call for 'boycott' of Beijing Games: Global Times
January 28, 2022

The Global Imam Council, which claims to be the world's first and largest transitional nongovernmental body of Muslim religious leaders, was fooled by the World Uyghur Congress (WUC), a US-backed separatist group which seeks the fall of the Chinese government, to issue a statement calling for a boycott of the Beijing Winter Olympics under the instigation of the WUC's head, arabiaanews.com.iq reported on Thursday. Click here to read...

Tencent's employee challenging overtime work triggers hot discussion online: Global Times
January 27, 2022

A new employee at Shenzhen-based Tencent challenging overtime work triggered a hot discussion online on Wednesday with some netizens even saying the move hopes to be the beginning of the end of the "Neijuan" or "internal competition" in the hyper-competitive culture in China's internet industry. The employee, surnamed Zhang, criticized the fact that managers, only pay attention to the progress of work and ignore the continuous overtime work of developers, according to China's Twitter-like social media platform Sina Weibo. Click here to read...

China regulator talks to foreign banks to soothe economic concerns: Reuters
January 28, 2022

The China Securities and Regulatory Commission (CSRC) met this week with the executives of top western banks and asset managers to reassure them about the country's economic prospects after regulatory crackdowns in 2021, three sources said on Friday. Click here to read...

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