string(13) "markets-macro"

Macro

November 9, 2023

In need of expert opinion

The Party wants more experts to feed into policymaking. On Tuesday, the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s most important policymaking body – approved guidelines on how external experts can participate in policymaking. The guidelines have not been rele… Username Password Remember Me Forgot Password

The Party wants more experts to feed into policymaking.
On Tuesday, the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s most important policymaking body – approved guidelines on how external experts can participate in policymaking.
The guidelines have not been rele...

sources

Gov.cn: 习近平主持召开中央全面深化改革委员会第三次会议强调：全面推进美丽中国建设健全自然垄断环节监管体制机制

November 9, 2023

Quick Take | China’s meh-thane plan

Climate nerds, rejoice! China has finally published its national Methane Emissions Control Action Plan. Beijing first promised to develop a methane plan back in 2021 at COP26. At COP27 last year, China said it had finished drafting its plan. Since its release on Tuesday, we’ve been poring over the…

Climate nerds, rejoice! China has finally published its national Methane Emissions Control Action Plan.

Beijing first promised to develop a methane plan back in 2021 at COP26.
At COP27 last year, China said it had finished drafting its plan.

Since its release on Tuesday, we’ve been poring over the...

sources

MEE: 生态环境部联合有关部门发布《甲烷排放控制行动方案》

November 9, 2023

What’s in your basket?

The central bank (PBoC) plans to do more to help financially overstretched local governments. The was the message from PBoC Governor Pan Gongsheng in a speech on Wednesday, where he said: “When necessary, the PBoC will provide emergency loans to areas with relatively heavy debt burdens.” Pan’s com…

The central bank (PBoC) plans to do more to help financially overstretched local governments.
The was the message from PBoC Governor Pan Gongsheng in a speech on Wednesday, where he said:

“When necessary, the PBoC will provide emergency loans to areas with relatively heavy debt burdens.”

Pan’s com...

sources

PBoC: 中国人民银行行长、国家外汇局局长潘功胜在2023金融街论坛年会上的讲话

November 9, 2023

Tracking property properly

China’s urban planning authorities want to leverage data to fix the property sector. On Tuesday, the Ministry of Housing and Urban-Rural Development (MoHURD) launched a one-year pilot project to digitize the real estate development process. The pilot will be rolled out in 27 locations. Some bac…

China's urban planning authorities want to leverage data to fix the property sector.
On Tuesday, the Ministry of Housing and Urban-Rural Development (MoHURD) launched a one-year pilot project to digitize the real estate development process.

The pilot will be rolled out in 27 locations.

Some bac...

sources

MoHURD: 住房城乡建设部办公厅关于开展工程建设项目全生命周期数字化管理改革试点工作的通知

November 9, 2023

Let the chip localization begin

Major Chinese AI players are starting to source their semiconductors domestically. On Tuesday, foreign media reported that Baidu has ordered USD 61 million worth of Huawei’s 910B Ascend AI chips. The 910B Ascend chips are currently one of China’s best domestic alternatives to Nvidia’s AI chips, whi…

Major Chinese AI players are starting to source their semiconductors domestically.
On Tuesday, foreign media reported that Baidu has ordered USD 61 million worth of Huawei’s 910B Ascend AI chips.

The 910B Ascend chips are currently one of China's best domestic alternatives to Nvidia's AI chips, whi...

sources

SCMP: US-China tech war: Baidu buys AI chips from Huawei, as US restricts Nvidia chip exports: sources

November 9, 2023

When I say Beijing you say AI

We just got a sneak peek into the capital city’s strategic plans for AI industry development. On Tuesday, the Beijing division of the science and technology ministry (MoST) hosted the AI Large Model Industry Development Forum, where local officials outlined upcoming AI policy initiatives. First up…

We just got a sneak peek into the capital city's strategic plans for AI industry development.
On Tuesday, the Beijing division of the science and technology ministry (MoST) hosted the AI Large Model Industry Development Forum, where local officials outlined upcoming AI policy initiatives.
First up...

sources

ST Daily: 北京通用人工智能大模型产业发展论坛举办

Beijing.gov: 2025年AI产业收入破千亿！石景山区通用人工智能大模型产业集聚区揭牌

Beijing.gov: 北京市通用人工智能产业创新伙伴计划

November 9, 2023

Introducing the livestreaming e-commerce compliance bible

Hangzhou wants live streamers to come to Jesus. On October 30, the municipal justice department issued draft compliance guidelines for the livestreaming e-commerce industry. Some context: Hangzhou is the Mecca of e-commerce livestreaming. According to provincial statistics, the city has 32 livestre…

Hangzhou wants live streamers to come to Jesus.
On October 30, the municipal justice department issued draft compliance guidelines for the livestreaming e-commerce industry.
Some context: Hangzhou is the Mecca of e-commerce livestreaming.

According to provincial statistics, the city has 32 livestre...

sources

21st Century Biz: 杭州拟发文规范“直播带货”：不得要求商家签订最低价协议

IT Home: 杭州市发布《直播电商产业合规指引》征求意见稿，不得要求商家签订“最低价协议”

November 9, 2023

DouYu, what did you do?

On Tuesday, reports surfaced that the founder and CEO of video game live-streaming platform DouYu, Chen Shaojie, has been detained by authorities. He’s been incommunicado for at least a couple weeks. What could Chen have done? According to sources, the detention is related to an ongoing investigat…

On Tuesday, reports surfaced that the founder and CEO of video game live-streaming platform DouYu, Chen Shaojie, has been detained by authorities.

He’s been incommunicado for at least a couple weeks.

What could Chen have done? According to sources, the detention is related to an ongoing investigat...

sources

FT: Chinese tech founder taken away by authorities

SCMP: Chinese tech executive Chen Shaojie, founder and CEO of DouYu, said to be held ‘incommunicado’ after authorities find porn on popular live-streaming platform

November 8, 2023

Monopolistic tendencies

Beijing is ramping up pressure on natural monopolies (NMs) in the state sector. That’s a key message from Tuesday’s meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s highest policymaking body. Econ 101: NMs describe industries with extremely high ca…

Beijing is ramping up pressure on natural monopolies (NMs) in the state sector.

That’s a key message from Tuesday’s meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party's highest policymaking body.

Econ 101: NMs describe industries with extremely high ca...

sources

Gov.cn: 习近平主持召开中央全面深化改革委员会第三次会议强调：全面推进美丽中国建设健全自然垄断环节监管体制机制

November 8, 2023

CCCDR down but not out

On Tuesday, Xi Jinping chaired a meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party’s most important policymaking body. Or at least, we think it still is. Tuesday’s meeting was only the third this year and, given we are approaching year-end, likely the …

On Tuesday, Xi Jinping chaired a meeting of the Central Commission for Comprehensively Deepening Reform (CCCDR) – the Party's most important policymaking body.
Or at least, we think it still is.

Tuesday's meeting was only the third this year and, given we are approaching year-end, likely the ...

sources

Gov.cn: 习近平主持召开中央全面深化改革委员会第三次会议强调：全面推进美丽中国建设健全自然垄断环节监管体制机制

November 8, 2023

Less yelling, more honest conversation

US Treasury Secretary Janet Yellen says the US needn’t fear China. On Monday, she published an op-ed in the Washington Post outlining her vision of healthy US-China competition. Some context: Yellen is scheduled to meet Vice Premier He Lifeng in San Francisco for two days of talks in the run-up to a…

US Treasury Secretary Janet Yellen says the US needn’t fear China.
On Monday, she published an op-ed in the Washington Post outlining her vision of healthy US-China competition.
Some context: Yellen is scheduled to meet Vice Premier He Lifeng in San Francisco for two days of talks in the run-up to a...

sources

Washington Post: Opinion: There’s a way for the U.S. to compete with China — and to work with China

November 8, 2023

Nipping it in the bud

Xi Jinping is set on using the “Fengqiao model” to improve grassroots governance. The big man discussed the idea with representatives from 104 grassroots organizations in Beijing on Monday (CCTV). Some background: The Fenqiao model is a community-based approach to social governance first developed i…

Xi Jinping is set on using the "Fengqiao model" to improve grassroots governance.
The big man discussed the idea with representatives from 104 grassroots organizations in Beijing on Monday (CCTV).
Some background: The Fenqiao model is a community-based approach to social governance first developed i...

sources

CCTV: [视频]习近平会见全国“枫桥式工作法”入选单位代表

Hangzhou: 浙江4家单位入选全国“枫桥式工作法”单位解群众的结，他们有何高招

China Media Project: Fengqiao Experience

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