Five years into a ten-year fishing ban, the Yangtze basin has passed its first formal audit with a split verdict. Fish stocks have rebounded faster than expected; the river’s broader ecology has not. A midterm review covering river life, social support and law enforcement found the Yangtze in ‘early recovery after a serious illness’. The bleeding has stopped; the healing has yet to begin.
Launched in January 2025, the China–ASEAN Regional Medical Procurement Platform in Fangchenggang, Guangxi, had by January 2026 grown to 224 domestic firms, receiving procurement requests for over 170 types of drugs and medical supplies from Vietnam, Thailand and beyond.
How state firms are assessed is shifting. Rules are in draft to clarify the mission of each central SOE; more detailed value-added accounting will follow, reports the Economic Observer.
Beijing welcomes PRC firms expanding abroad and moving capital with them. Household savings shifting into foreign assets is another matter. The difference between capital ‘flow’ and ‘flight’ is the whole argument. That distinction, drawn by Liu Xiaochun 刘晓春 Shanghai Financial Institute, is the operating principle behind the 15th 5-year plan’s push to ‘promote opening the capital account’ and ‘step up RMB internationalisation’.