string(13) "markets-macro"

Macro

April 23, 2025

MofCom announces incremental opening up of ICT sector

What happened: On April 18, the Ministry of Commerce (MofCom) announced that nine new cities will join a national pilot program to gradually open up China’s service sector to foreign firms. That includes allowing more foreign investment into ICT. The newest pilot cities are: Dalian Ningbo Xiamen … Username Password Remember Me Forgot… Read More »

What happened: On April 18, the Ministry of Commerce (MofCom) announced that nine new cities will join a national pilot program to gradually open up China's service sector to foreign firms.

That includes allowing more foreign investment into ICT.

The newest pilot cities are:

Dalian
Ningbo
Xiamen
...

sources

MofCom: 商务部印发《关于加快推进服务业扩大开放综合试点工作方案》的通知

April 23, 2025

New NPPA policy hints that gaming companies now considered core innovators

Sounds like the gaming industry is back on Beijing’s good list. What happened: On April 18, the National Press and Publication Administration (NPPA) issued an innovation plan for “online publishing enterprises,” a term that primarily encompasses online gaming firms. The interesting part: The policy…

Sounds like the gaming industry is back on Beijing's good list.
What happened: On April 18, the National Press and Publication Administration (NPPA) issued an innovation plan for "online publishing enterprises," a term that primarily encompasses online gaming firms.
The interesting part: The policy...

sources

Gov.cn: 国家新闻出版署等关于印发《网络出版科技创新引领计划》的通知

April 23, 2025

Industry associations warn automakers over misleading ADAS marketing

What happened: On April 21, the China Association of Automobile Manufacturers and the China Society of Automotive Engineers issued a joint statement urging carmakers to take responsibility for the safety and marketing of advanced driver-assistance systems (ADAS). “Enterprises should strictly comply…

“Enterprises should strictly comply...

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Caixin: 中汽协呼吁规范驾驶辅助宣传与应用已发布的失实信息要及时澄清

April 22, 2025

Chinese shipbuilding sector unlikely to feel burn of latest US measures

US trade measures targeting China’s shipping and shipbuilding sector won’t have much impact. That’s the verdict from Chen Jun, vice president of the Shanghai Society of Naval Architects and Marine Engineers (SSNAME) – a major shipbuilding industry association. Some context: Late last week, the US Tr…

US trade measures targeting China's shipping and shipbuilding sector won't have much impact.
That's the verdict from Chen Jun, vice president of the Shanghai Society of Naval Architects and Marine Engineers (SSNAME) – a major shipbuilding industry association.
Some context: Late last week, the US Tr...

sources

Jiemian: 美政策限制下中国造船业走向何方？专访上海市船舶与海洋工程学会副理事长陈军

USTR: USTR Section 301 Action on China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance

Reuters: United States eases port fees on China-built ships after industry backlash

The Baltic and International Maritime Council: Letter to US Trade Representative

April 22, 2025

Xinhua publishes readout summarizing new guidelines to upgrade China’s free trade zones

On Monday, Xinhua published a readout summarizing new guidelines to upgrade the country’s free trade zones. The Xinhua article indicates that the Party Central Committee and State Council issued the guidelines – which the Party’s top policymaking body (CCCDR) approved in August – to relevant agenci…

On Monday, Xinhua published a readout summarizing new guidelines to upgrade the country’s free trade zones.

The Xinhua article indicates that the Party Central Committee and State Council issued the guidelines – which the Party’s top policymaking body (CCCDR) approved in August – to relevant agenci...

sources

Gov.cn: 中共中央国务院印发《关于实施自由贸易试验区提升战略的意见》

April 22, 2025

CATL sets new industry standard with release of five ultra-long-range, supercharging battery models

On Monday, CATL unveiled five new electric vehicle (EV) battery models – all setting new benchmarks for performance. First: CATL’s second-generation Shenxing lithium-iron-phosphate (LFP) battery. The battery offers 800 kilometers of range – a distance that previously only more expensive nicke…

On Monday, CATL unveiled five new electric vehicle (EV) battery models – all setting new benchmarks for performance.
First: CATL’s second-generation Shenxing lithium-iron-phosphate (LFP) battery.

The battery offers 800 kilometers of range – a distance that previously only more expensive nicke...

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EV Observer: 宁德时代发布系列“王炸”产品：12C电池、高比能钠电池、多核电池……

April 22, 2025

US imposes huge tariffs on Chinese-produced solar cells from Southeast Asia

On Monday, the US finalized anti-dumping and countervailing duty (AD/CVD) tariffs on most solar products made in Cambodia, Malaysia, Thailand, and Vietnam by Chinese solar manufacturers. The rates are truly massive (Reuters): “Combined dumping and countervailing duties on Jinko Solar products from …

“Combined dumping and countervailing duties on Jinko Solar products from ...

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Reuters: US finalizes tariffs on Southeast Asian solar imports

April 22, 2025

General public budget revenue returns to growth in March, but headwinds persist

China’s government revenue improved slightly in March. Per data released by the finance ministry (MoF) on Friday, general public budget revenue – the biggest stream of government income – rose 0.3% y/y last month, reversing the 1.6 % drop recorded in January-February. The growth was driven by a 5.9…

China’s government revenue improved slightly in March.
Per data released by the finance ministry (MoF) on Friday, general public budget revenue – the biggest stream of government income – rose 0.3% y/y last month, reversing the 1.6 % drop recorded in January-February.

The growth was driven by a 5.9...

sources

MoF: 2025年一季度财政收支情况

April 22, 2025

State-owned AVIC Trust placed under trusteeship

For the first time since 2001, a centrally owned trust company has entered trusteeship – a signal of mounting distress in the sector. On Friday, AVIC Trust – a unit of state-owned conglomerate Aviation Industry Corporation of China (AVIC) – announced it has entered a custody arrangement with CCB Tru…

For the first time since 2001, a centrally owned trust company has entered trusteeship – a signal of mounting distress in the sector.
On Friday, AVIC Trust – a unit of state-owned conglomerate Aviation Industry Corporation of China (AVIC) – announced it has entered a custody arrangement with CCB Tru...

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Bloomberg: Another China Shadow Bank Seeks State Help as Trust Sector Reels

Yicai: 又一信托公司被托管，中航信托成信托法颁布以来首家被托管央企信托

Economic Information: 项目现“萝卜章”！中航信托投资管控不力，产品违约拖累多家公司

April 22, 2025

Financial regulators issue plan to advance Shanghai’s development as international financial center, focus on RMB internationalization

China’s financial authorities are giving the renminbi another nudge toward greater global use. On Monday, the central bank (PBoC), financial regulator (NFRA), foreign exchange regulator (SAFE), and Shanghai municipal government issued an action plan to advance Shanghai’s development as an internatio…

China’s financial authorities are giving the renminbi another nudge toward greater global use.
On Monday, the central bank (PBoC), financial regulator (NFRA), foreign exchange regulator (SAFE), and Shanghai municipal government issued an action plan to advance Shanghai's development as an internatio...

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PBoC: 中国人民银行金融监管总局国家外汇局上海市人民政府联合印发《上海国际金融中心进一步提升跨境金融服务便利化行动方案》

April 22, 2025

China releases short position paper on military AI

What happened: On April 18, China released a short position paper on military AI to the UN Secretary General. The position paper was in reference to UN General Assembly Resolution 79/239, which addressed “Artificial intelligence in the military domain and its implications for international peace a…

What happened: On April 18, China released a short position paper on military AI to the UN Secretary General.

The position paper was in reference to UN General Assembly Resolution 79/239, which addressed "Artificial intelligence in the military domain and its implications for international peace a...

sources

MoFA: 中国根据联大第79/239(2024)号决议就人工智能军事应用机遇和挑战问题提交的文件

UN: Artificial intelligence in the military domain and its implications for international peace and security

April 22, 2025

NDA releases draft standard contracts for data transactions

What happened: On April 18, the National Data Administration (NDA) released draft versions of standardized contracts for common types of data transactions. The four draft contracts cover transactions which involve: Providing data to a recipient Processing data on behalf of another party Integrating…

Providing data to a recipient
Processing data on behalf of another party
Integrating...

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NDA: 国家数据局研制数据流通交易合同示范文本公开征求意见

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