China: Daily Scan, October 25, 2021
Kota Mallikarjuna Gupta, Research Associate, VIF
China's top legislature adopts multiple laws as standing committee session concludes: Xinhuanet
October 23, 2021

The Standing Committee of the National People's Congress (NPC), China's top legislature, adopted multiple laws including laws on family education promotion and land borders, and an amendment to the Audit Law, as it wrapped up a session on Saturday. President Xi Jinping signed presidential orders to promulgate the laws. Click here to read...

China maps path to carbon peak, neutrality under new development philosophy: Xinhuanet
October 25, 2021

Chinese authorities on Sunday unveiled a guiding document on the country's work to achieve carbon peaking and carbon neutrality goals under the new development philosophy, laying out key specific targets and measures for the coming decades. By 2030, China's carbon dioxide (CO2) emissions will peak, stabilize and then decline, and by 2060, China will be carbon neutral and have fully established a green, low-carbon and circular economy, it says, reiterating the country's previous pledge. Click here to read...

China issues position paper on cooperation with UN: Xinhuanet
October 23, 2021

The Chinese Foreign Ministry on Friday issued a position paper on its cooperation with the United Nations ahead of a commemorative meeting marking the 50th anniversary of the restoration of People's Republic of China's lawful seat in the UN. Click here to read...

China to pilot property tax reforms: Xinhuanet
October 23, 2021

The Standing Committee of the National People's Congress, China's top legislature, on Saturday adopted a decision to authorize the State Council to pilot property tax reforms in certain regions. The move aims to advance the property tax legislation and reform in an active and prudent way, guide the rational housing consumption and the economical and intensive use of land resources, and facilitate the steady and sound development of the country's property market, according to the decision. Click here to read...

China adopts land borders law: China Military
October 23, 2021

China's top legislature on Saturday voted to adopt a new law on the protection and exploitation of the country's land border areas, which will take effect on Jan. 1, 2022. Lawmakers approved the law at the closing meeting of a legislative session of the Standing Committee of the National People's Congress.The law stipulates that the sovereignty and territorial integrity of the People's Republic of China are sacred and inviolable. Click here to read...

China's Fujian appoints acting governor: People’s Daily
October 22, 2021

Zhao Long was appointed deputy governor and acting governor of east China's Fujian Province on Friday. The appointment was made at the 29th session of the Standing Committee of the 13th Fujian Provincial People's Congress, the local legislature. Click here to read...

China calls for tightened response as new COVID-19 outbreak affects 11 regions: People’s Daily
October 25, 2021

A total of 11 provincial-level regions have been affected within a week as a fresh outbreak of COVID-19 emerged in China, a spokesperson with the National Health Commission (NHC) said Sunday. Sporadic cases reported in various regions have been increasing ever since Oct. 17, Mi Feng, spokesperson for the NHC, told a press conference. Click here to read...

Chinese legislators adjust national defense mobilization laws amid tense China-US ties: Global Times

October 25, 2021

Chinese legislators passed a decision to temporarily adjust the application of relevant statutory provisions during the reform of the national defense mobilization system, which expert said is not only an important part of China's military reform, but a necessary move given the increasingly tense military environment China faces, especially the strained China-US ties. Click here to read...

Evergrande resumes work for over 10 projects to address debt issues: Global Times
October 24, 2021

Indebted property developer Evergrande has resumed work and construction on more than 10 projects in Shenzhen and five other cities in South China's Guangdong Province to ensure the delivery of buildings, the company said on Sunday. The announcement came after Evergrande Group Chairman Xu Jiayin said at a meeting on Friday that only through resumption of work and construction can the company ensure building deliveries and address its current debt problems. Click here to read...

Sri Lanka intercepts ‘contaminated’ fertilizer from China: Taipei Times
October 25, 2021

Sri Lanka has barred a Chinese ship carrying desperately needed organic fertilizer that experts have found to be tainted with harmful bacteria, officials said yesterday. The ban comes as Sri Lanka battles food shortages caused by a currency crisis. Farmers have said that a ban on chemical fertilizer could ruin their crops this year. Click here to read...

China to accelerate US$224 billion of local bond issuance to support slowing economy: South China Morning Post

October 22, 2021

China intends to accelerate the pace of local government special bond issuance to bolster investment and economic growth, the finance ministry said on Friday, striving to complete the annual quota by the end of November. Policymakers are seeking to support a faltering recovery, as economic growth in the third quarter was the slowest this year, due partly to power shortages and wobbles in the property sector. Click here to read...

Chinese President Xi calls for global cooperation on terrorism, climate change: Reuters

October 25, 2021

China's President Xi Jinping on Monday called for more global cooperation on problems including terrorism, climate change and cyber security, in a speech commemorating the 50th anniversary of China's return to the United Nations. He said China opposes unilateralism, protectionism and zero-sum games. Click here to read...

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