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Macro

February 16, 2023

Let them eat more cake

On Wednesday, Qiushi, the Party’s top theoretical journal, published an excerpt of Xi Jinping’s speech to the Central Economic Work Conference in December, in which he outlined China’s economic priorities for the year ahead. What did Xi lead with? Consumption. He said: “It is necessary to vigorou… Username Password Remember Me Forgot Password

On Wednesday, Qiushi, the Party's top theoretical journal, published an excerpt of Xi Jinping's speech to the Central Economic Work Conference in December, in which he outlined China’s economic priorities for the year ahead.
What did Xi lead with?

Consumption.

He said:

“It is necessary to vigorou...

sources

Qiushi: 当前经济工作的几个重大问题

February 16, 2023

Charge it up

In 2022, China nearly doubled its installed electric vehicle (EV) charging piles, hitting 5.2 million units. That’s according to the National Energy Administration (NEA), which dropped the stat at a February 13 press conference. Private installations drove most of the growth: Private charging pil…

In 2022, China nearly doubled its installed electric vehicle (EV) charging piles, hitting 5.2 million units.

That's according to the National Energy Administration (NEA), which dropped the stat at a February 13 press conference.

Private installations drove most of the growth:

Private charging pil...

sources

Xinhua: 2022年我国充电桩数量同比增长近100%

Sina: 中国还差多少个充电桩？

IEA: Trends in charging infrastructure

February 16, 2023

Calling in backup

On Tuesday, the Ministry of Science and Technology (MoST) asked companies and organizations to volunteer to draft two standards for improving scientific research assessment. Background: MoST has been pushing hard to ensure that China’s basic research institutions maximize output from limited funding…

On Tuesday, the Ministry of Science and Technology (MoST) asked companies and organizations to volunteer to draft two standards for improving scientific research assessment.
Background: MoST has been pushing hard to ensure that China's basic research institutions maximize output from limited funding...

sources

Ministry of Science and Technology: 关于公开征集《科技成果五元价值评估指南》和《科技评估指标体系构建通用要求》两项国家标准起草单位及起草人的通知

SAMR: 科技成果五元价值评估指南

SAMR: 科技评估指标体系构建通用要求

February 16, 2023

Using tech to revitalize rural revitalization

Bolstering rural areas is high on China’s agenda. On Tuesday, China’s Central Committee and State Council announced its “Key Rural Revitalization Work” for 2023. ICYDK: “Rural Revitalization” is part of Xi’s Common Prosperity vision for closing China’s rural-urban economic divide. On the tech…

Bolstering rural areas is high on China’s agenda.
On Tuesday, China’s Central Committee and State Council announced its “Key Rural Revitalization Work” for 2023.
ICYDK: “Rural Revitalization” is part of Xi’s Common Prosperity vision for closing China’s rural-urban economic divide.

On the tech...

sources

Gov.cn: 中共中央国务院关于做好2023年全面推进乡村振兴重点工作的意见

Xinhua: Xi calls for more achievements in rural revitalization and common prosperity

February 16, 2023

Smarter tech for smarter teachers

On Tuesday, the Ministry of Education (MoE) released digital literacy standards for China’s teachers. Background: The standards are part of a broader push to digitize China’s education system, including rolling out a “National Smart Education Platform.” The platform is a one-stop hub of…

On Tuesday, the Ministry of Education (MoE) released digital literacy standards for China’s teachers.
Background: The standards are part of a broader push to digitize China's education system, including rolling out a “National Smart Education Platform.”

The platform is a one-stop hub of...

sources

MOE: 教育部关于发布《教师数字素养》教育行业标准的通知

February 15, 2023

Paying it off till you’re 80

On Wednesday, Chinese media outlet Cailianshe reported that banks in several cities are extending the age cap for borrowers to repay mortgages, to 80 years of age. Some context: Banks usually place an age cap – typically 70 years – on the final age homeowners can be upon the maturity of their mortga…

On Wednesday, Chinese media outlet Cailianshe reported that banks in several cities are extending the age cap for borrowers to repay mortgages, to 80 years of age.
Some context: Banks usually place an age cap – typically 70 years – on the final age homeowners can be upon the maturity of their mortga...

sources

Cailianshe: 多地房贷年龄期限上限延长北京部分银行最高至80 业内：利好中年购房群体释放刚需和改善型购房需求

February 15, 2023

Moore’s law is dead for Chinese AI companies

China is getting hardcore FOMO on large language models (LLMs) like OpenAI’s ChatGPT. On Monday, the Beijing city branch of China’s industrial regulator (MIIT) said at an AI forum that it will throw its support behind local companies that develop LLMs. Beijing is home to sev…

China is getting hardcore FOMO on large language models (LLMs) like OpenAI’s ChatGPT.
On Monday, the Beijing city branch of China's industrial regulator (MIIT) said at an AI forum that it will throw its support behind local companies that develop LLMs.

Beijing is home to sev...

sources

Beijing.gov: 《2022年北京人工智能产业发展白皮书》重磅发布

February 15, 2023

Premier Li touts consumption recovery

China wants to boost consumption to grow the economy. Well, that’s already happening, according to Premier Li Keqiang. On Monday, Li told a seminar held to gather feedback on a draft of the Government Work Report (GWR) that (Gov.cn 1): “Consumption saw accelerated growth in January” ICYKM: Consum…

China wants to boost consumption to grow the economy.
Well, that's already happening, according to Premier Li Keqiang.
On Monday, Li told a seminar held to gather feedback on a draft of the Government Work Report (GWR) that (Gov.cn 1):

“Consumption saw accelerated growth in January"

ICYKM: Consum...

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Gov.cn: 李克强主持召开各民主党派中央、全国工商联负责人和无党派人士代表座谈会听取对政府工作报告的意见建议韩正出席

February 15, 2023

It’s over, Anakin! I have the moral high ground!

On Tuesday, The Paper published a piece highlighting the successes of China’s “peaceful path to modernization.” It was authored by the Xi Jinping Thought on Diplomacy Research Center of the China Institute of International Studies (CIIS). The article contrasted China’s rise with the great powers o…

On Tuesday, The Paper published a piece highlighting the successes of China’s “peaceful path to modernization.”

It was authored by the Xi Jinping Thought on Diplomacy Research Center of the China Institute of International Studies (CIIS).

The article contrasted China’s rise with the great powers o...

sources

The Paper: 习近平外交思想研究中心：中国式现代化是走和平发展道路的现代化

February 15, 2023

Don’t even go there

The US is poised to up the ante in its push to contain China’s tech development. On Thursday, the New York Times published an article detailing an in-the-works executive order from President Joe Biden that will more closely scrutinize American investment into certain sectors of the Chinese economy. …

The US is poised to up the ante in its push to contain China’s tech development.
On Thursday, the New York Times published an article detailing an in-the-works executive order from President Joe Biden that will more closely scrutinize American investment into certain sectors of the Chinese economy.
...

sources

NYT: U.S. Aims to Curtail Technology Investment in China

US Congress: S.1854 - National Critical Capabilities Defense Act of 2021

US Department of Defense: DOD Releases List of People's Republic of China (PRC) Military Companies in Accordance With Section 1260H of the National Defense Authorization Act for Fiscal Year 2021

Fox News: China and the US are locked in a cold war. We must win it. Here's how we will

February 15, 2023

Paddling upstream

China’s worried about its raw mineral supplies. Particularly lithium and rare earths, the pillars of the global new energy transition. On February 12, Ge Honglin – head of the China Nonferrous Metals Industry Association – called for stronger state-led efforts to secure China’s mineral independenc…

China's worried about its raw mineral supplies.

Particularly lithium and rare earths, the pillars of the global new energy transition.

On February 12, Ge Honglin – head of the China Nonferrous Metals Industry Association – called for stronger state-led efforts to secure China's mineral independenc...

sources

Caixin: 葛红林：中国应多维度布局战略性矿产供应链

February 15, 2023

More on the menu

Yesterday, we told you that food-security-obsessed top leaders are pushing harder than ever to boost staple crop yields in the 2023 No. 1 Document – the Party’s annual rural policy guidance. But boosting yields isn’t the only way Beijing wants to deliver on food security. The No. 1 Document also cal…

Yesterday, we told you that food-security-obsessed top leaders are pushing harder than ever to boost staple crop yields in the 2023 No. 1 Document – the Party's annual rural policy guidance.
But boosting yields isn't the only way Beijing wants to deliver on food security.
The No. 1 Document also cal...

sources

Xinhua: 中共中央国务院关于做好2023年全面推进乡村振兴重点工作的意见

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