string(13) "markets-macro"

Macro

May 29, 2025

China pushes to deepen ties with EU on semiconductors

What happened: On May 27, the Ministry of Commerce, the China Semiconductor Industry Association, and the EU Chamber of Commerce in China held a joint meeting to discuss trade and cooperation in the semiconductor sector. The meeting brought together 40 European and Chinese chip companies. The mess… Username Password Remember Me Forgot Password

The meeting brought together 40 European and Chinese chip companies.

The mess...

sources

MofCom: 中欧半导体上下游企业座谈会在京召开

May 28, 2025

SOEs to powwow about AI training data

What happened: On May 26, the National Data Standardization Committee announced plans to hold a seminar about how state-owned enterprises (SOEs) can develop high-quality and interoperable data sets, specifically for AI training and adoption. SOEs, government officials, and experts will discuss how…

SOEs, government officials, and experts will discuss how...

sources

NDRC: 关于召开中央企业高质量数据集建设和标准化研讨会的通知

May 28, 2025

BYD tops Tesla in Europe for first time as it moves to dominate global markets

New energy vehicle (NEV) industry leader BYD is setting its sights on global domination. On Thursday, Reuters reported that BYD’s April sales figures of battery electric vehicle (BEV) in Europe reached 7,231 units – representing a 169% y/y surge. The figure places BYD ahead of Tesla – which sold 7,…

New energy vehicle (NEV) industry leader BYD is setting its sights on global domination.
On Thursday, Reuters reported that BYD’s April sales figures of battery electric vehicle (BEV) in Europe reached 7,231 units – representing a 169% y/y surge.

The figure places BYD ahead of Tesla – which sold 7,...

sources

Reuters: China's BYD outsells Tesla in Europe for first time, report says

Sohu: 持续领跑，比亚迪汽车1-4月销量超128万辆

May 28, 2025

Sinopec seals a better LNG deal

China is securing better gas deals amid burgeoning oversupply. The latest: Last week, Australia Pacific LNG accepted reduced contracted prices from Sinopec for its liquefied natural gas (LNG) exports. Sinopec reportedly sent a price review notice back in October. Some context: Globally, LNG prices…

Sinopec reportedly sent a price review notice back in October.

Some context: Globally, LNG prices...

sources

Bloomberg: Australia Pacific LNG Cuts Price in Massive Sinopec Supply Deal

May 28, 2025

MEE launches new round of environmental inspections

Beijing’s environmental inspectors are hitting the road again. On Monday, the Ministry of Ecology and Environment (MEE) kicked off a fresh round of inspections, targeting: Three coal-heavy provinces (Shanxi, Inner Mongolia, and Shaanxi) plus Ningxia Three state-owned power giants (China Huaneng, Ch…

Beijing’s environmental inspectors are hitting the road again.
On Monday, the Ministry of Ecology and Environment (MEE) kicked off a fresh round of inspections, targeting:

Three coal-heavy provinces (Shanxi, Inner Mongolia, and Shaanxi) plus Ningxia
Three state-owned power giants (China Huaneng, Ch...

sources

MEE: 第三轮第四批中央生态环境保护督察全面启动

May 28, 2025

Officials reportedly working on new measures to strengthen China’s manufacturing sector

Those hoping Beijing is planning to rebalance China’s economy toward greater consumption will be disappointed. On Monday, Bloomberg scooped that officials are working on new measures to strengthen China’s manufacturing sector, including by: Targeting to maintain manufacturing’s share of GDP in the …

Those hoping Beijing is planning to rebalance China's economy toward greater consumption will be disappointed.
On Monday, Bloomberg scooped that officials are working on new measures to strengthen China's manufacturing sector, including by:

Targeting to maintain manufacturing’s share of GDP in the ...

sources

Bloomberg: Xi Mulls New Made-in-China Plan Despite US Call to Rebalance

May 28, 2025

Beijing pushes better corporate governance in state-owned and private companies

On Monday, the general offices of the Party Central Committee and the State Council jointly released guidelines to improve corporate governance across Chinese companies – both state-owned and private. The Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s top policymaking…

The Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s top policymaking...

sources

Gov.cn: 中共中央办公厅国务院办公厅关于完善中国特色现代企业制度的意见

May 28, 2025

Premier Li Qiang touts solidarity at ASEAN-China-GCC forum

On Tuesday, Premier Li Qiang gave a speech at the brand-spanking new ASEAN-China-GCC Economic Forum 2025 in Kuala Lumpur, Malaysia. ICYDK: ASEAN (Association of Southeast Asian Nations), the GCC (Gulf Cooperation Council), and China are holding their first-ever joint summit this week under the theme…

On Tuesday, Premier Li Qiang gave a speech at the brand-spanking new ASEAN-China-GCC Economic Forum 2025 in Kuala Lumpur, Malaysia.
ICYDK: ASEAN (Association of Southeast Asian Nations), the GCC (Gulf Cooperation Council), and China are holding their first-ever joint summit this week under the theme...

sources

MoFA: Remarks by H.E. Li Qiang Premier of the State Council of the People’s Republic of China at the ASEAN-China-GCC Summit

Xinhua: Full Text: Speech by Chinese Premier Li Qiang at the opening ceremony of the ASEAN-China-GCC Economic Forum

SCMP: China’s Li Qiang calls on Asean, Gulf leaders to forge closer economic ties with Beijing

Reuters: China's premier says China and Indonesia will promote 'true multilateralism'

May 28, 2025

China issues plan to digitize supply chains

What happened: On May 27, the Ministry of Commerce (MofCom) and eight other departments issued a plan to accelerate supply chain digitization. To be precise, this is a special sub-plan of a broader effort kicked off last year to lower logistics costs. The short version: The plan aims to increase d…

What happened: On May 27, the Ministry of Commerce (MofCom) and eight other departments issued a plan to accelerate supply chain digitization.

To be precise, this is a special sub-plan of a broader effort kicked off last year to lower logistics costs.

The short version: The plan aims to increase d...

sources

MofCom: 加快数智供应链发展专项行动计划

May 28, 2025

China issues new rules to rein in platform fees, protect small businesses

What happened: On May 25, China’s market regulator (SAMR) issued draft guidelines aimed at curbing excessive and unfair fees charged by dominant internet platforms to merchants and service providers. Covered fees include commissions, registration fees, membership fees, tech support fees, and advert…

Covered fees include commissions, registration fees, membership fees, tech support fees, and advert...

sources

SAMR: 市场监管总局关于公开征求《网络交易平台收费行为合规指南（征求意见稿）》意见的公告

SAMR: 市场监管总局价监竞争局有关负责同志就《网络交易平台收费行为合规指南（征求意见稿）》答记者问

May 27, 2025

BYD injects new momentum into NEV price war with massive price cuts

On Sunday, BYD announced its most aggressive price cuts of the year – injecting fresh momentum into China’s unyielding new energy vehicle (NEV) price war. Nearly all of its top-selling mass-market models are now discounted by 20-34% through June 30. Some context: BYD surged ahead in 2024 with 4.27…

On Sunday, BYD announced its most aggressive price cuts of the year – injecting fresh momentum into China’s unyielding new energy vehicle (NEV) price war.

Nearly all of its top-selling mass-market models are now discounted by 20-34% through June 30.

Some context: BYD surged ahead in 2024 with 4.27...

sources

Yicai: 比亚迪，降价！最高直降5.3万元

May 27, 2025

Cyberspace administration finalizes national online ID regulations

On May 23, the cyberspace administration (CAC) finalized regulations governing the national online ID system. In a nutshell: The scheme provides anonymous user verification in situations where identification is required, such as signing up for online accounts or visiting the hospital. Users su…

On May 23, the cyberspace administration (CAC) finalized regulations governing the national online ID system.
In a nutshell: The scheme provides anonymous user verification in situations where identification is required, such as signing up for online accounts or visiting the hospital.

Users su...

sources

CAC: 国家网络身份认证公共服务管理办法

Xinhua: 公安部有关部门负责人就《国家网络身份认证公共服务管理办法》答记者问

Caixin: 网络身份认证新规出台明确自愿使用网号网证

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