Henan, home to the world’s largest iPhone factory, expects this initiative to help move its industries up the value chain, advancing beyond labour-intensive manufacturing activities. Source link
Read More »ByteDance-owned Douyin looks to shake up China’s on-demand local services sector
Douyin, the Chinese version of TikTok, is competing against Meituan in food delivery and other segments of on-demand e-commerce in the country. Source link
Read More »Beijing warns of need to minimise China’s debt risks as it shores up economy
In its bid to bolster the economy, China intends to expand the areas where special purpose bonds are invested this year, while spending on education and in support of people’s livelihoods will remain strong. Source link
Read More »China’s data market development to help achieve ‘common prosperity’
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. Source link
Read More »China’s Big Tech firms need Beijing to enact concrete policies to support growth
The show of support from the Central Economic Work Conference comes month after the State Council pledged major new policy commitments to help the country’s digital economy. Source link
Read More »Xi warns Communist Party to prepare for ‘great struggles’
In article published in a party journal, Xi says the country has ‘never been closer’ to completing national rejuvenation, but major challenges remain Source link
Read More »China digs in deep to retain rare earth dominance as Western shift quickens
The US is taking a harder line in efforts to end its dependency on China for critical minerals, but the erosion of China’s world-leading market share cannot happen overnight, despite rising geopolitical tensions. Source link
Read More »Focus on ‘prominent and urgent problems’, top Beijing official urges Hong Kong
Xia Baolong, director of State Council’s Hong Kong and Macau Affairs Office, addresses seminar in Beijing on President Xi Jinping’s July 1 speech in city. Source link
Read More »China has 33 ways to help economy, but critics say it boils down to zero-Covid
Newly unveiled policy items are expected to help alleviate the severity of China’s economic growth slowdown, but economists remain cautious on the full-year growth outlook. Source link
Read More »Chinese premier approves John Lee’s appointment as next Hong Kong leader
Chinese Premier Li Keqiang calls on incoming incoming chief executive to ‘turn a new chapter’ for ‘one country, two systems’. Source link
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