China: Daily Scan, October 28, 2021
Kota Mallikarjuna Gupta, Research Associate, VIF
White paper lists China's achievements in responding to climate change: Xinhuanet
October 27, 2021

Significant changes have taken place in China as the country responds to climate change, according to a white paper released Wednesday by the State Council Information Office.

China has coordinated economic development with pollution and emission reduction, pushed forward revolutions in energy production and consumption, driven low-carbon industrial transition, increased carbon sink capacity of ecosystems, and promoted green and low carbon lifestyles, said the white paper titled "Responding to Climate Change: China's Policies and Actions." Click here to read...

Chinese FM elaborates on China's policy towards Afghanistan: Xinhuanet
October 27, 2021

Chinese State Councilor and Foreign Minister Wang Yi on Tuesday briefed the media on his contact with the delegation of the Afghan Taliban's interim government before he left the Qatari capital of Doha. Wang noted that during his visit to Qatar, he had contact with Acting Deputy Prime Minister Mullah Abdul Ghani Baradar and Acting Foreign Minister Amir Khan Muttaqi of the Afghan Taliban's interim government, during which the Afghan side elaborated on the domestic and foreign policies pursued by the Afghan interim government. Click here to read...

China to defer tax payment for manufacturing SMEs: Xinhuanet
October 27, 2021

China will defer tax payment for small and medium-sized enterprises (SMEs) in the manufacturing sector to ease the impact of rising costs, a State Council executive meeting decided on Wednesday. The decision would in effect defer around 200 billion yuan (31.32 billion U.S. dollars) of tax payment for manufacturing SMEs, the meeting said. Click here to read...

China to keep record of off-campus training institutions: Xinhuanet
October 27, 2021

China will soon have a comprehensive record of all off-campus training institutions in the country, the educational authority announced Wednesday. In a circular, the Ministry of Education has tasked all educational authorities in provincial-level regions with confirming the exact number of off-campus training institutions in their respective areas, and ensuring all of them are registered with the ministry's online platform for after-school training management. Click here to read...

Hong Kong passes bill to vet movies over national security: Xinhuanet
October 27, 2021

The Legislative Council (LegCo) of China's Hong Kong Special Administrative Region (HKSAR) on Wednesday approved a bill allowing authorities to revoke certificates of films that would be contrary to the interests of national security. The Film Censorship (Amendment) Bill 2021 was adopted in its third reading at the LegCo, giving the Chief Secretary for Administration of the HKSAR government power to direct authority to revoke the certificate of a film whose exhibition is believed to damage the interests of national security. Click here to read...

China to extend tax incentives for overseas investors: People’s Daily
October 28, 2021

China will extend the preferential tax policy for overseas investors investing in the mainland bond market, as part of its efforts to promote opening-up and attract foreign investment, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday. Click here to read...

Experts seek ways for countries to enhance mutual trust, consensus: China Daily
October 28, 2021

Experts said the international community should enhance mutual trust and consensus to find new ways to jointly address global security challenges and safeguard world peace and stability. Over 50 scholars from more than 20 countries and international organizations participated in the 2021 Beijing Xiangshan Forum Webinar that concluded on Tuesday. The webinar was organized by the Beijing Xiangshan Forum Secretariat, which is sponsored by the China Association for Military Science and the China Institute for International Strategic Studies. Click here to read...

China's employment situation better than expected in Q3, but challenges remain: Global Times
October 28, 2021

China's employment situation in the third quarter was generally stable and better than expected, a spokesperson with the Ministry of Human Resources and Social Security (MOHRSS) said on Wednesday, while more still needs to be done given the rising uncertainties of the international environment and the uneven recovery of the domestic economy. Click here to read...

PLA attack, transport helicopters spotted near Taiwan for 1st time, ‘provide more tactical options’: Global Times
October 27, 2021

Joining fighter jets and special mission aircraft, attack and transport helicopters of the Chinese People's Liberation Army (PLA) were spotted near the island of Taiwan in a drill for the first time on Tuesday, with military experts saying on Wednesday that choppers can provide more tactical options in landing operations, and this displayed the increased combat readiness of the PLA in the region. Click here to read...

2,918 Chinese entrepreneurs have net worth of over 2 billion yuan, says Hurun: Global Times
October 27, 2021

A total of 2,918 Chinese entrepreneurs who have a net worth exceeding 2 billion yuan are listed in the Hurun China Rich List 2021, and 520 of them belong to newcomers. Zhong Shanshan, 67, founder of beverage company Nongfu Spring, topped the list with a net worth of 390 billion yuan. The new-energy sector came under the spotlight in 2021 amid the country's multiple efforts targeting peak carbon emissions and carbon neutrality, with eight of 10 fastest risers related to the sector. Zeng Yuqun, 53, chairman of CATL, an electric car battery provider, tripled his wealth to move to No.3 with 320 billion yuan. Click here to read...

U.S., Japan square off with China on maritime security amid tensions: Kyodo
October 28, 2021

The United States, China and Japan squared off over maritime security at a regional summit on Wednesday, with U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida taking part in the online meeting for the first time since they took office. The virtual gathering of the East Asia Summit took place as tensions between the United States and China have been intensifying recently over several issues in the Asia-Pacific region, such as the South and East China seas and the Taiwan Strait. Click here to read...

US has troops stationed on Taiwan, island’s leader Tsai Ing-wen confirms for first time: South China Morning Post
October 28, 2021

Taiwanese president Tsai Ing-wen said she believes that the United States would help to defend the island in the event of an attack by China, amid confusion about the US administration’s position on military intervention. Speaking to CNN in an interview aired on Wednesday, Tsai also confirmed for the first time that US troops were stationed on the self-governing island, explaining that Taiwan had a “wide range of cooperation with the US aiming at increasing our defence capability”. Click here to read...

Vegetables pricier than pork worry Chinese consumers as costs swell: Reuters
October 27, 2021

Vegetable prices are surging in China after heavy rain swamped crops this month, fuelling concern over food prices at a time when consumers must brace for a hike in energy costs in the run-up to winter. Unusually heavy rains drenched northern swathes of China in September and early this month, flooding the top vegetable-growing province of Shandong. "All the vegetables are dead in the ground," said Zhou Rui, a farmer who cultivates about 7 hectares (17 acres) in the Juancheng county of the province. Click here to read...

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