string(13) "markets-macro"

Macro

September 27, 2022

Standing up to government

Convinced that your firm didn’t deserve a whopping fine for selling dodgy doujiang? Good news! Beijing is making it easier for companies and citizens to challenge administrative actions such as fines, penalties, and other compulsory measures. At its weekly meeting on September 21, the State Council … Username Password Remember Me Forgot Password

Convinced that your firm didn't deserve a whopping fine for selling dodgy doujiang?
Good news! Beijing is making it easier for companies and citizens to challenge administrative actions such as fines, penalties, and other compulsory measures.
At its weekly meeting on September 21, the State Council ...

sources

Xinhua: 李克强主持召开国务院常务会议

MOJ: 2021年全国行政复议行政应诉案件统计数据

September 27, 2022

Sufficient isn’t good enough

On Monday, the Ministry of Agriculture and Rural Affairs (MARA) called a meeting to discuss the supply and demand of live pigs for the remainder of 2022. On the invite list: The macro-planner (NDRC), which manages strategic reserves The Ministry of Ecology and Environment, which regulates pig farms…

On Monday, the Ministry of Agriculture and Rural Affairs (MARA) called a meeting to discuss the supply and demand of live pigs for the remainder of 2022.
On the invite list:

The macro-planner (NDRC), which manages strategic reserves
The Ministry of Ecology and Environment, which regulates pig farms...

sources

CCTV: 发改委：本周国家将投放今年第4批中央猪肉储备

MARA: 农业农村部召开部门协调会议研究部署四季度生猪稳产保供工作

September 27, 2022

Quick take | Growing pains for offshore wind

China wants to become the world’s offshore wind superpower. But to get there, the country’s shipbuilding behemoths – essential to installing offshore wind turbines – need to up their game. You might wonder: How important can China’s shipping industry be to offshore wind and the global renewable…

China wants to become the world’s offshore wind superpower.
But to get there, the country’s shipbuilding behemoths – essential to installing offshore wind turbines – need to up their game.
You might wonder: How important can China’s shipping industry be to offshore wind and the global renewable...

sources

BJX: 全球首艘3000吨级自升式风电安装船圆满完成试航-北极星风力发电网

September 27, 2022

Plug it in and crank it up

On Friday, the State Council issued new guidelines on reforming China’s electronics industry. The big focuses: Innovation and operational efficiency. What that means in practice: Increased state R&D outlays to promote industry innovation Greater industry investments from both state and pri…

On Friday, the State Council issued new guidelines on reforming China's electronics industry.
The big focuses: Innovation and operational efficiency.
What that means in practice:

Increased state R&D outlays to promote industry innovation
Greater industry investments from both state and pri...

sources

The Paper: 国办：改革完善电子电器产品强制性认证制度

State Council: 国务院办公厅关于深化电子电器行业管理制度改革的意见

September 27, 2022

The award for central bank in a supporting role goes to…

On Monday we brought you highlights of the central bank’s (PBoC) annual report on RMB internationalization, published last week. Today we thought we’d flag some specific measures the PBoC intends to pursue. One area where China’s authorities say they want to make progress is the two-way opening of…

On Monday we brought you highlights of the central bank’s (PBoC) annual report on RMB internationalization, published last week.

Today we thought we’d flag some specific measures the PBoC intends to pursue.

One area where China’s authorities say they want to make progress is the two-way opening of...

sources

PBoC: 2022 年人民币国际化报告

September 27, 2022

Where are the robotics engineers?

On Monday, Chinese media reported on the country’s lack of robotics engineers. The domestic robotics industry is booming: According to the “China Robot Industry Development Report,” released last month, the market will reach USD 17.4 billion in 2022. That’s about 33.9% of the global share. But the…

On Monday, Chinese media reported on the country’s lack of robotics engineers.
The domestic robotics industry is booming: According to the “China Robot Industry Development Report,” released last month, the market will reach USD 17.4 billion in 2022.

That's about 33.9% of the global share.

But the...

sources

Sina: 机器人工程技术人员缺口达500万人门槛高难度大供给不易

September 27, 2022

Beidou phone home

Last week, MIIT held a press conference to tout the accomplishments of China’s Beidou satellite navigation system. Quick background: Beidou was launched in 1994 as China’s answer to GPS. Since then, it’s been heavily promoted within China and Belt and Road countries as an alternative to…

Last week, MIIT held a press conference to tout the accomplishments of China’s Beidou satellite navigation system.
Quick background: Beidou was launched in 1994 as China’s answer to GPS.

Since then, it’s been heavily promoted within China and Belt and Road countries as an alternative to...

sources

CINIC: 上半年新进网手机中有128款支持北斗出货量占比达98.5%

SCIO: 工信部举行“新时代工业和信息化发展”系列发布会（第九场）

September 27, 2022

Swiping right on deescalation

On Monday, the New York Times (NYT) reported that TikTok and the US Justice Department are hashing out a draft agreement to let the platform stay in the US. The agreement would also allow TikTok’s Chinese parent company, Bytedance, to avoid a forced divestment. US negotiators want more…

On Monday, the New York Times (NYT) reported that TikTok and the US Justice Department are hashing out a draft agreement to let the platform stay in the US.

The agreement would also allow TikTok's Chinese parent company, Bytedance, to avoid a forced divestment.

US negotiators want more...

sources

NYT: TikTok Seen Moving Toward U.S. Security Deal, but Hurdles Remain

September 27, 2022

New infrastructure never gets old

On Friday, the macro planner (NDRC) held a lengthy press conference promoting major infrastructure development. What caught our eye: Remarks on so-called “new Infrastructure.” These are infrastructure projects based on cutting-edge tech, like 5G and computing power, that China hopes will drive indu…

On Friday, the macro planner (NDRC) held a lengthy press conference promoting major infrastructure development.
What caught our eye: Remarks on so-called “new Infrastructure.”

These are infrastructure projects based on cutting-edge tech, like 5G and computing power, that China hopes will drive indu...

sources

NDRC: 国家发展改革委新闻发布会介绍重大基础设施建设有关情况

September 27, 2022

Trials in the metaverse

China might have made another world-first. Yesterday, Chinese media reported that China’s first metaverse court hearings have been conducted in Xiamen. They started with a pair of low-stakes traffic accident insurance cases. Some context: Digitization of the court system is part of China’s broader…

China might have made another world-first.
Yesterday, Chinese media reported that China’s first metaverse court hearings have been conducted in Xiamen.

They started with a pair of low-stakes traffic accident insurance cases.

Some context: Digitization of the court system is part of China's broader...

sources

ST Daily: 厦门：元宇宙技术落地法庭

September 27, 2022

It was iNEVitable

Now it’s official too. New energy vehicles (NEVs) will enjoy another full year of consumer-side subsidies, through year-end 2023. Specifically, folks buying NEVs will retain their current exemption from China’s national 10% vehicle purchase tax (which is actually currently at 5% from June 1 through…

Now it's official too.
New energy vehicles (NEVs) will enjoy another full year of consumer-side subsidies, through year-end 2023.

Specifically, folks buying NEVs will retain their current exemption from China's national 10% vehicle purchase tax (which is actually currently at 5% from June 1 through...

sources

The Paper: 财政部等三部门：延续新能源汽车免征车辆购置税政策

The Paper: 新增免税金额千亿！新能源车免征购置税延续至明年底，将如何影响车市

September 26, 2022

Risk intolerant

It’s full speed ahead for the financial derisking train. On Monday, the central bank (PBoC) dropped a report detailing its medium-term regulatory wins vis-à-vis derisking – and how it plans to keep chugging along. Some context: In recent weeks, the PBoC has released report after report on its progre…

It’s full speed ahead for the financial derisking train.
On Monday, the central bank (PBoC) dropped a report detailing its medium-term regulatory wins vis-à-vis derisking – and how it plans to keep chugging along.
Some context: In recent weeks, the PBoC has released report after report on its progre...

sources

WeChat: 防范化解金融风险健全金融稳定长效机制

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