In 2015, China announced an ambitious plan to promote ‘big data’ for its potential to improve governance, economic efficiency and social services. The plan called for a unified government data-sharing platform to be set up by end 2018, but such a centralised data platform is nowhere in sight.
After the US Commerce Department added Huawei and 68 affiliates to a list of foreign enterprises that pose national security risks, Ren Zhengfei 任正非 Huawei CEO told Nikkei the company had been preparing for it
Introduced in the early 1980s, China’s family planning policy was put in place as many other areas of life loosened up. After four decades, the one-child policy became a victim of its own success. With the world’s largest population, over three years since second children were allowed on 1 Jan 2016, China’s fertility remains critically low.
In response to Beijing’s recent negotiation moves, new tariff penalties threatened by President Trump on 5 May were imposed on goods leaving China on the 10th.
A forum on financial connectivity was held 25 Apr during the Second Belt and Road Forum for International Cooperation (BRF). Top financial policymakers showcased support for the Belt and Road Initiative (BRI) and laid out future priorities.
The threat posed by African swine fever (ASF) to CPI, inflation and trade is now clear, as MARA’s own estimates predict pork prices will rise over 70 percent this year to historic highs. Listed companies in the sector have seen massive growth in stock value, but some may not survive the crisis. Despite the ASF outbreak, Q1 economic data painted an upbeat picture with PMI, CPI, and PPI all increasing after months of contraction.
President Xi Jinping’s visit to Chongqing and adjacent areas reminded officials that poverty alleviation remains the central leadership’s priority. A Politburo meeting shortly thereafter, together with a Ministry of Justice directive mobilised lawyers to assist in the effort.
Directing fiscal expansion into logistics serves to shore up the economy at a stressful time, and helps upgrade manufacturing and move up the global value chain. At the other end of the spectrum, basic infrastructure in rural areas will enable revitalisation by developing e-commerce and connections to urban centres.
National Energy Administration (NEA) issued two long-awaited wind and solar policies in one week, setting the tone for renewables in 2019 and beyond.
As the live pig population falls and prices hit historic highs, trade partners must prepare for a rapidly evolving market.
National Development and Reform Commission (NDRC) unveiled its 2019 key tasks for ‘new urbanisation’ on 8 April 2019, including the first official mention of ‘shrinking small- and medium-sized cities (SMCs)’.