China Daily Digest February 15, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Chinese mainland opposes Taiwan-related content in "U.S. Indo-Pacific Strategy": Xinhuanet
February 14, 2022

A Chinese mainland spokesperson Monday voiced firm opposition against the Taiwan-related content in a so-called "U.S. Indo-Pacific Strategy" report recently released by the U.S. administration. Click here to read...

China cracks down on Olympic trademark infringements: Xinhuanet
February 14, 2022

China's intellectual property regulator on Monday said it has rejected more than 400 improper trademark registration applications, many of which are related to Bing Dwen Dwen, the mascot for the Beijing Winter Olympics, and Chinese Olympic skier Gu Ailing. Click here to read...

China issues list of universities for top-class academic initiative: Xinhuanet
February 14, 2022

China has issued a list of eligible universities for the second stage of its initiative to build top-class universities and academic disciplines, the Ministry of Education said Monday. As a flagship initiative to boost the high-quality development of China's higher education sector, its first stage was launched in 2016 and finished in 2020.Click here to read...

China unveils 5-year plan for emergency management system: Xinhuanet
February 14, 2022

China's State Council has issued a plan to advance the construction of its emergency management system over the 14th Five-Year Plan period (2021-2025). The plan calls for deepening the modernization of the system and capability of China's emergency management and minimizing the losses from disasters and accidents to ensure the safety of people's lives and property. Click here to read...

China strengthens actions taken against duty-related crimes, says top procuratorate: Xinhuanet
February 14, 2022

China's procuratorates investigated and prosecuted 21,300 individuals for duty-related crimes from January to November 2021, up 15.1 percent year on year, according to a senior prosecutor. There were more cases with significant amounts of money involved during the period, which led to severe damages and consequences, said Shi Weizhong, an official from the Supreme People's Procuratorate, in an online interview on Monday. Click here to read...

China intensifies efforts to promote prefabricated construction: People’s Daily
February 14, 2022

With 410 steel structural components, 197 roof plates, and 170 modules of photovoltaic curtain wall, workers finished assembling walls at the building-integrated photovoltaics center of China Energy Investment Group Co., Ltd., which covers an area of 1,063 square meters, in Changping district, Beijing, within seven days like putting together building blocks. Click here to read...

China's central SOEs report growth in January: People’s Daily
February 14, 2022

China's centrally-administered state-owned enterprises (SOEs) saw double-digit revenues and profit growth in the first month of this year, showed official data Monday. Net profits of central SOEs expanded by 10.2 percent from a year ago to 142.38 billion yuan (about 22.36 billion U.S. dollars) in January, said the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. Click here to read...

China’s latest portable missile shows world-class defense ability: Global Times
February 14, 2022

The QW-12, an advanced portable air defense missile developed by China, recently demonstrated its outstanding performance in intercepting helicopters, jets and cruise missiles in a live-fire test, with experts saying on Monday that the weapon is world class, as it displayed an anti-decoy capability no foreign counterpart has ever shown. Click here to read...

China's flexibly employed reaches 200 million: China Daily
February 14, 2022

China's flexible employment population reached 200 million at the end of last year, an official from the National Bureau of Statistics said recently. More than 1.6 million people are working in jobs related to livestreaming, an increase of nearly 300 percent between 2020 and 2021, the official said. Click here to read...

Taiwan says Chinese plane flew close to Remote Island: Reuters
February 15, 2022

A small Chinese civilian aircraft flew very close to a remote Taiwanese-controlled island next to China's coast earlier this month, Taiwan's defence ministry said on Tuesday, adding China may be trying a new strategy to test its reactions. Click here to read...

China greenlights Audi-FAW's $3.3 bln electric vehicle venture: Reuters
February 15, 2022

Volkswagen's (VOWG_p.DE) Audi and its Chinese state-owned partner FAW Group (SASAJ.UL) have received approval from Chinese authorities to start construction on their $3.3 billion electric vehicle joint venture plant, according to a government notice. Click here to read...

Tesla sold 59,845 China-made vehicles in January, says CPCA: Reuters
February 14, 2022

U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 70,847 China-made vehicles in December. Click here to read...

Hong Kong rights group says website not accessible through some networks: Reuters
February 15, 2022

The website of U.K.-based human rights group Hong Kong Watch could not be accessed through some networks in the Chinese-ruled city, stoking concerns of internet censorship in the global financial hub, the organisation said. Click here to read...

China’s population crisis could give women greater reproductive rights, but hurdles remain: South China Morning Post
February 15, 2022

Grappling with a population crisis and plunging birth rate, China is embracing a pronatalist policy that could see it lift highly restrictive and controversial policies on women donating and freezing their eggs. Click here to read...

China’s rural-revitalisation plan calls on banks to support infrastructure projects, but avoid hidden-debt trap: South China Morning Post
February 14, 2022

China is giving new impetus to its trillion-dollar campaign to revitalise the nation’s vast countryside, by calling on banks to lend more money for rural infrastructure projects in the coming years, as the nation tries to leverage such investments to help curb an economic slowdown. Click here to read...

Beijing offers support as record 10.76 million graduates ramps up employment pressure: South China Morning Post
February 14, 2022

China is rolling out support for a record 10.76 million college students poised to graduate this year, amid heightened competition for jobs and slowing economic growth. The government will offer special help to young entrepreneurs as “starting a new business has a multiplier effect in driving up employment”, the National Development and Reform Commission (NDRC), China’s top economic planning agency, said on Friday. Click here to read...

Beijing’s embassy warns citizens in Solomons to stay alert after another Chinese shop looted: South China Morning Post
February 14, 2022

The Chinese embassy in the Solomon Islands warned its citizens in the country to stay alert on Monday, two days after a Chinese store was looted. The incident in the capital Honiara on Saturday came almost three months after some Chinese shops were ransacked in anti-government riots and hundreds of Chinese citizens were left homeless. Click here to read...

Didi Chuxing starts companywide lay-offs amid unresolved cybersecurity probe, ongoing delisting in New York: South China Morning Post
February 15, 2022

Chinese ride-hailing giant Didi Chuxing has started companywide lay-offs as the company seeks to delist from the New York Stock Exchange (NYSE) amid an unresolved cybersecurity probe by Beijing, according to two employees familiar with the matter. Click here to read...

Contact Us