China: Daily Scan, September 8, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Former senior political advisor expelled from CPC, public office: Xinhuanaet
September 7, 2022

Shen Deyong, a member of the 19th Central Committee of the Communist Party of China (CPC), has been expelled from the CPC and dismissed from public office over severe violations of Party discipline and laws. Click here to read...

Huawei holds tech exchange meeting in Kuwait to promote cooperation: Xinhuanaet/h5>

September 7, 2022/h5>

Chinese tech firm Huawei on Tuesday held an alumni meeting for its information and communication technology (ICT) training program to enhance skills of Kuwaiti young talents and promote sci-tech exchange between the two countries. During the event, participants of the 2022 "Seeds for the Future" training program presented their projects, with the top three students winning awards for their innovations. Click here to read...

China power producer issues energy supply bonds: Xinhuanaet/h5>

September 7, 2022/h5>

A Chinese power producer issued 30 billion yuan (4.34 billion U.S. dollars) of special bonds recently in the first such issuance supported by the government to ensure electricity supply. The issuance by China Reform Holdings Corporation Ltd. has a maturity of five years with a coupon rate of 2.65 percent, according to the National Association of Financial Market Institutional Investors. Click here to read...

Satellite observation alliance for sustainable development launched in China: Xinhuanaet/h5>

September 7, 2022/h5>

China has established a satellite observation alliance for sustainable development, aiming to give full play to the advantages and potential of Earth observation from space. The huge quantity of data obtained through the observation of Earth from space is of great significance for the monitoring and evaluation of sustainable development goals, as well as related scientific research, according to Guo Huadong, director of the International Research Center of Big Data for Sustainable Development Goals (CBAS). Click here to read...

Chinese researchers find neutralizing antibody against COVID-19 variants: Xinhuanaet/h5>

September 7, 2022/h5>

Chinese researchers have found a neutralizing antibody that could provide protection against the Delta and Omicron variants of COVID-19, and it has shown preventative efficacy by nasal delivery. Click here to read...

Former senior provincial legislator arrested for bribery: Xinhuanaet/h5>

September 7, 2022/h5>

China's Supreme People's Procuratorate (SPP) announced its decision to arrest Sun Guoxiang, a former vice chairman of the Standing Committee of Liaoning Provincial People's Congress, for suspected bribe-taking. The National Commission of Supervision has completed an investigation into Sun's case and handed it over to prosecutors, the SPP said. Click here to read...

Chinese life expectancy increased to 78.2 years over past decade thanks to childbearing, population policies: Global Times/h5>

September 7, 2022/h5>

Chinese people's life expectancy made a historic leap over the past decade with the average lifespan increasing to 78.2 years from 74.8 years and key health indications ranking among the top of middle- and high-income countries, reflecting sufficient protection for people's right to health, China's top health authority announced on Wednesday. Click here to read...

Forex reserves down to $3.0549 trillion in August as dollar index surges: Global Times/h5>

September 7, 2022/h5>

China's foreign exchange reserves totaled $3.0549 trillion at the end of August, down $49.2 billion from July, a drop of 1.58 percent amid the US dollar's unusual strength and the depreciation of other currencies. Click here to read...

China's trade with Russia picks up speed in August: Reuters/h5>

September 7, 2022/h5>

Chinese shipments to and from Russia accelerated in August compared with a month earlier, contrasting with slower flows elsewhere amid weak global demand. Chinese shipments to Russia, which has been hit by Western sanctions over its invasion of Ukraine, rose 26.5% from a year earlier in dollar terms, up from a 22.2% gain in July, Reuters calculations based on Chinese customs data on Wednesday showed. Click here to read...

China names Zhang Qingsong as deputy central bank governor amid reshuffle: Reuters
September 7, 2022

China has named Zhang Qingsong as deputy governor of the People's Bank of China (PBOC), the cabinet said on Tuesday, as part of a reshuffle of the bank's leadership ahead of an important Communist Party meeting. Click here to read...

China's BYD to set up EV plant in Thailand: Reuters
September 8, 2022

Chinese electric vehicle (EV) maker BYD on Thursday announced it would set up a facility in Thailand to start producing 150,000 passenger cars a year from 2024.BYD announced in a joint statement with Thai industrial developer WHA Group (WHA.BK) that a purchase agreement had been signed for 96 hectares (237.22 acres) of land in the eastern province of Rayong for the plant. Click here to read...

Key tunnel of South-to-North Water Diversion Project completed: People’s Daily
September 8, 2022

A Yellow River-crossing tunnel, as a vital part of the middle route of China's South-to-North Water Diversion Project, recently passed a verification test, laying a solid foundation for the high-quality development of the project. So far, all the 155 units of the phase-1 project of the eastern and middle routes have passed verification tests. Click here to read...

BRICS forum focuses on promoting common sustainable development: People’s Daily
September 8, 2022

A BRICS forum, focusing on deepening partnerships for a new industrial revolution and promoting common sustainable development, kicked off on Wednesday in Xiamen, a port city in east China's Fujian Province. BRICS is an emerging-market bloc that groups together Brazil, Russia, India, China and South Africa. Click here to read...

China's rare earth export price hits record high in August as global supplies tighten: Global Times
September 8, 2022

China's rare earth export price hit a record high in August, jumping to $26 per kilogram, up 93.8 percent year-on-year, and industry observers said this upward trend may continue for the rest of the year thanks to factors including tighter policies for environmental protectionClick here to read...

Privacy safeguards urged for AI tech: China Daily
September 8, 2022

As artificial intelligence technology requires vast quantities of personal information, related developers should take stronger measures to fulfill their privacy protection responsibilities, said experts and officials on Tuesday. Click here to read...

Luding quake toll rises to 82: China Daily
September 8, 2022

The death toll from a magnitude 6.8 earthquake that hit Luding county in Ganzi Tibetan autonomous prefecture, Sichuan province, on Monday had risen to 82 as of 8 am on Thursday. Thirty-five people remained missing. Click here to read...

Chinese mainland reports 241 new local confirmed COVID-19 cases: Xinhuanaet
September 8, 2022

The Chinese mainland on Wednesday reported 241 locally transmitted confirmed COVID-19 cases, including 69 in Sichuan and 67 in Inner Mongolia, according to the National Health Commission's report Thursday. A total of 1,093 local asymptomatic carriers were newly identified. Click here to read...

China urges avoiding further deterioration of humanitarian situation in Ukraine: Xinhuanaet
September 8, 2022

China's deputy permanent representative to the United Nations, Geng Shuang, on Wednesday called on the international community to do its utmost to avoid further deterioration of the humanitarian situation in Ukraine. Click here to read...

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