China: Daily Scan, May 31, 2021

China's revised copyright law tougher on infringement: Xinhuanet

May 31, 2021

China's revised Copyright Law will take effect on June 1, increasing the ceiling for statutory damages from 500,000 yuan (around 78,515 U.S. dollars) to 5 million yuan.
For intentional infringement in serious circumstances, punitive damages shall be applied at a value at least equal to damages but no more than five times that amount, according to the revised law.
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Over 50% of listed firms expecting profits in H1: China Daily

May 31, 2021

More than 50 percent of listed companies on Chinese markets expect to turn a profit for the first half of this year, the Shanghai Securities News reported on Monday.Of the 464 listed companies announcing their half-year performance reports by May 30, 266 report their net profits attributable to their parent companies increase from same period of last year, accounting for 57.33 percent.
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China-CEEC ties seen as benefit for all: China Daily

May 31, 2021

Beijing has dismissed concerns and allegations about its cooperation with Central and Eastern European countries, making clear that China is neither trying to alienate these nations from the European Union nor seeking a "sphere of influence" there.
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Chinese premier urges green recovery for mankind's better future: People’s Daily

May 31, 2021

China is willing to work with all other parties to promote green recovery for a better future for mankind, Premier Li Keqiang said via video link at the 2021 Partnering for Green Growth and the Global Goals 2030 (P4G) Seoul Summit on Sunday.
Li said the green and sustainable development of the world is facing severe challenges as the global economy becomes more unstable with mounting uncertainties amid the raging
COVID-19 pandemic.
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China's manufacturing PMI edges down to 51 in May: People’s Daily

May 31, 2021

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51 in May, slightly down from 51.1 in April, data from the National Bureau of Statistics showed Monday.
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CPC nominates S. China Sea guardian, Korean War hero, Galwan Valley martyr for July 1 Medals to mark Party's 100th birthday: Global Times

May 31, 2021

The Communist Party of China (CPC) Central Committee will for the first time issue July 1 Medals to Party members who have made outstanding contributions and created valuable spiritual wealth, as the CPC marks its 100th founding anniversary this year.
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