string(13) "markets-macro"

Macro

March 7, 2023

A consumption win-win

Beijing and big tech have a joint mission for 2023: Boosting consumption. On Monday, Xi Jinping sat down with Chinese entrepreneurs in a bid to boost private sector confidence. Xi promised more support for big tech (Xinhua): “[We] will support platform companies to create jobs, boost co… Username Password Remember Me Forgot Password

“[We] will support platform companies to create jobs, boost co...

sources

Xinhua: （两会受权发布）习近平在看望参加政协会议的民建工商联界委员时强调正确引导民营经济健康发展高质量发展王沪宁蔡奇丁薛祥参加看望和讨论

March 7, 2023

Xi opens a door

Xi Jinping spent his first few days at the Two Sessions calling on officials to find new ways to support private enterprises. A major private industry group is already heeding that call. On Monday, the All-China Federation of Industry and Commerce (ACFIC) proposed a new Private Economy Promotion L…

Xi Jinping spent his first few days at the Two Sessions calling on officials to find new ways to support private enterprises.

A major private industry group is already heeding that call.

On Monday, the All-China Federation of Industry and Commerce (ACFIC) proposed a new Private Economy Promotion L...

sources

Caixin: 全国工商联提交团体提案呼吁制定民营经济促进法

People's Daily: 正确引导民营经济健康发展高质量发展

March 7, 2023

Financially safe, financially sound

Regulators have made major headway on cleaning up financial sector risk in recent years, but there’s still plenty more to be done. That was what we took from comments on the topic in both the Government Work Report (GWR) and the NDRC’s development plan. Some context: Defusing and preventing financ…

Regulators have made major headway on cleaning up financial sector risk in recent years, but there's still plenty more to be done.

That was what we took from comments on the topic in both the Government Work Report (GWR) and the NDRC’s development plan.

Some context: Defusing and preventing financ...

March 7, 2023

Not taking ownership

China’s court system has been busy dealing with data – data cases, that is. But will this trend continue? On Tuesday, the Supreme People’s Court (SPC) recounted Chinese courts’ progress in handling data cases in its Two Sessions work report. Per the report, in 2022, China’s courts: Heard cases in…

China’s court system has been busy dealing with data – data cases, that is.

But will this trend continue?

On Tuesday, the Supreme People’s Court (SPC) recounted Chinese courts’ progress in handling data cases in its Two Sessions work report.
Per the report, in 2022, China’s courts:

Heard cases in...

sources

SPC: 最高人民法院工作报告（全文）

March 7, 2023

The right rights to data property

On Tuesday, He Zhimin, deputy director of the intellectual property body (CNIPA), gave his two cents on how China should develop data property rights (21st Century Biz). Some context: Per the government reorg announced at the Two Sessions, China is getting a brand-new regulatory body devoted solely…

On Tuesday, He Zhimin, deputy director of the intellectual property body (CNIPA), gave his two cents on how China should develop data property rights (21st Century Biz).
Some context: Per the government reorg announced at the Two Sessions, China is getting a brand-new regulatory body devoted solely...

sources

21st Century Biz: 专访国家知产局副局长何志敏：建立数据知识产权制度加快培育数据要素市场

CNIPA: 知识产权强国建设迈出坚实步伐

CNIPA: 浙江印发方案全面推进数据知识产权国家试点

March 7, 2023

Accentuate the positive

Has the housing market finally pulled away from rock bottom? On Friday, central bank (PBoC) Deputy Governor Pan Gongsheng sounded surprisingly optimistic about the sector. Speaking at a press conference, Pan said: “Recently, the recovery of market confidence has accelerated, the activity of transac…

Has the housing market finally pulled away from rock bottom?
On Friday, central bank (PBoC) Deputy Governor Pan Gongsheng sounded surprisingly optimistic about the sector.
Speaking at a press conference, Pan said:

“Recently, the recovery of market confidence has accelerated, the activity of transac...

sources

SCIO: 国新办举行“权威部门话开局”系列主题新闻发布会介绍“坚定信心、守正创新，服务实体经济高质量发展”

March 7, 2023

Heat it up

Consumption isn’t roaring yet, but it’ll get there. That was the message from central bank (PBoC) Deputy Governor Liu Guoqiang at a press conference Friday. Liu said that with the end of zero-COVID: “[Pressure on] consumption has been significantly released, but it still needs to be heated up a bit…

Consumption isn’t roaring yet, but it'll get there.
That was the message from central bank (PBoC) Deputy Governor Liu Guoqiang at a press conference Friday.
Liu said that with the end of zero-COVID:

“[Pressure on] consumption has been significantly released, but it still needs to be heated up a bit...

sources

SCIO: 国新办举行“权威部门话开局”系列主题新闻发布会介绍“坚定信心、守正创新，服务实体经济高质量发展”

March 7, 2023

No steps forward, no steps back

In their annual report released at Two Sessions on Sunday, China’s macro planner (NDRC) dropped some clues about their plans for the data economy in 2023. Some context: In 2020, a landmark national-level policy formally recognized the potential economic power of data. Since then, the state has bee…

In their annual report released at Two Sessions on Sunday, China’s macro planner (NDRC) dropped some clues about their plans for the data economy in 2023.
Some context: In 2020, a landmark national-level policy formally recognized the potential economic power of data.

Since then, the state has bee...

March 7, 2023

Shall the twain ever meet?

Just as the state will push companies to get more involved with research, it will also re-jig its R&D system to get researchers more aligned with companies – and with state goals. To do that, China plans to give its national labs a bit of a makeover. Many of the planned upgrades are thin…

Just as the state will push companies to get more involved with research, it will also re-jig its R&D system to get researchers more aligned with companies - and with state goals.

To do that, China plans to give its national labs a bit of a makeover.

Many of the planned upgrades are thin...

sources

STDaily: 直面基础研究难点、用梅西解释ChatGPT……科技部部长王志刚回应热点

March 7, 2023

A bump in the sci-tech budget

It should come as no surprise that this year, the central government will funnel more cash into funding scientific research. That’s according to the Ministry of Finance’s (MoF) annual budget proposal released at the Two Sessions on Sunday. Specifically: In 2023, the central government propose…

It should come as no surprise that this year, the central government will funnel more cash into funding scientific research.

That’s according to the Ministry of Finance’s (MoF) annual budget proposal released at the Two Sessions on Sunday.

Specifically: In 2023, the central government propose...

sources

MoF: 刘昆：在全国财政工作会议上的讲话（节选）

NPC: 关于2022年中央和地方预算执行情况与2023年中央和地方预算草案的报告（摘要）

ST Daily: 直面基础研究难点、用梅西解释ChatGPT……科技部部长王志刚回应热点

March 7, 2023

Herding cats

At the Two Sessions, policymakers made it exceedingly clear that they expect companies to shoulder greater responsibility for making China technologically self-sufficient. Yes, yes: Beijing has long said enterprises the “primary driving force” of innovation. But this year, there was a clearer focus…

At the Two Sessions, policymakers made it exceedingly clear that they expect companies to shoulder greater responsibility for making China technologically self-sufficient.
Yes, yes: Beijing has long said enterprises the "primary driving force" of innovation.

But this year, there was a clearer focus...

sources

ijiwei: 科技部部长在“部长通道”上借梅西解释ChatGPT：要注意趋利避害

Gov.cn: 国务院新闻办就“深入实施创新驱动发展战略加快建设科技强国”举行发布会

March 6, 2023

Xi quietly changes China’s path

China is increasingly getting cut off from importing cutting-edge technology from the United States and other advanced economies. That’s causing Xi Jinping to rethink his development model. On Sunday, Xi joined the Jiangsu province delegation to discuss Premier Li Keqiang’s Government Work Report. W…

China is increasingly getting cut off from importing cutting-edge technology from the United States and other advanced economies.
That’s causing Xi Jinping to rethink his development model.
On Sunday, Xi joined the Jiangsu province delegation to discuss Premier Li Keqiang’s Government Work Report.
W...

sources

Xinhua: 习近平在参加江苏代表团审议时强调牢牢把握高质量发展这个首要任务

Gov.cn: 中共中央关于党的百年奋斗重大成就和历史经验的决议（全文）

Pages: 1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798991001011021031041051061071081091101111121131141151161171181191201211221231241251261271281291301311321331341351361371381391401411421431441451461471481491501511521531541551561571581591601611621631641651661671681691701711721731741751761771781791801811821831841851861871881891901911921931941951961971981992002012022032042052062072082092102112122132142152162172182192202212222232242252262272282292302312322332342352362372382392402412422432442452462472482492502512522532542552562572582592602612622632642652662672682692702712722732742752762772782792802812822832842852862872882892902912922932942952962972982993003013023033043053063073083093103113123133143153163173183193203213223233243253263273283293303313323333343353363373383393403413423433443453463473483493503513523533543553563573583593603613623633643653663673683693703713723733743753763773783793803813823833843853863873883893903913923933943953963973983994004014024034044054064074084094104114124134144154164174184194204214224234244254264274284294304314324334344354364374384394404414424434444454464474484494504514524534544554564574584594604614624634644654664674684694704714724734744754764774784794804814824834844854864874884894904914924934944954964974984995005015025035045055065075085095105115125135145155165175185195205215225235245255265275285295305315325335345355365375385395405415425435445455465475485495505515525535545555565575585595605615625635645655665675685695705715725735745755765775785795805815825835845855865875885895905915925935945955965975985996006016026036046056066076086096106116126136146156166176186196206216226236246256266276286296306316326336346356366376386396406416426436446456466476486496506516526536546556566576586596606616626636646656666676686696706716726736746756766776786796806816826836846856866876886896906916926936946956966976986997007017027037047057067077087097107117127137147157167177187197207217227237247257267277287297307317327337347357367377387397407417427437447457467477487497507517527537547557567577587597607617627637647657667677687697707717727737747757767777787797807817827837847857867877887897907917927937947957967977987998008018028038048058068078088098108118128138148158168178188198208218228238248258268278288298308318328338348358368378388398408418428438448458468478488498508518528538548558568578588598608618628638648658668678688698708718728738748758768778788798808818828838848858868878888898908918928938948958968978988999009019029039049059069079089099109119129139149159169179189199209219229239249259269279289299309319329339349359369379389399409419429439449459469479489499509519529539549559569579589599609619629639649659669679689699709719729739749759769779789799809819829839849859869879889899909919929939949959969979989991000100110021003100410051006100710081009101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411042104310441045104610471048104910501051105210531054105510561057105810591060106110621063106410651066106710681069107010711072107310741075107610771078107910801081108210831084108510861087108810891090109110921093109410951096109710981099110011011102110311041105110611071108110911101111111211131114111511161117111811191120112111221123112411251126112711281129113011311132113311341135113611371138113911401141114211431144114511461147114811491150115111521153115411551156115711581159116011611162