string(13) "markets-macro"

Macro

September 5, 2022

Who’s hungry?

On Friday, the National People’s Congress Standing Committee passed revisions to the Agricultural Product Quality and Safety Law. Break out the delivery apps, it’s time to order groceries. The revised law finally stipulates requirements for ecommerce platform operators that sell agricultural produ… Username Password Remember Me Forgot Password

On Friday, the National People's Congress Standing Committee passed revisions to the Agricultural Product Quality and Safety Law.
Break out the delivery apps, it's time to order groceries.

The revised law finally stipulates requirements for ecommerce platform operators that sell agricultural produ...

sources

NPC: 全国人民代表大会宪法和法律委员会关于《中华人民共和国农产品质量安全法（修订草案三次审议稿）》修改意见的报告

China Daily: Law strengthens food quality

September 5, 2022

Old core in the new leadership

Will China encounter smooth sailing or stormy waters in the years ahead? State media’s got the answers. On Monday, both Xinhua and the People’s Daily started a new series of columns called “Navigating China.” Why does that float our boat? The columns launch a wave of official commentaries that wi…

Will China encounter smooth sailing or stormy waters in the years ahead?

State media's got the answers.

On Monday, both Xinhua and the People’s Daily started a new series of columns called “Navigating China.”
Why does that float our boat?

The columns launch a wave of official commentaries that wi...

sources

People's Daily: 中国共产党是我们成就伟业最可靠的主心骨（领航中国）

Xinhua: 确保党始终成为坚强领导核心——党的十八大以来毫不动摇坚持和加强党的全面领导述评

September 5, 2022

Who needs humans when you’ve got AIGC?

On Friday, government-affiliated tech think tank CAICT published a white paper on the future development of China’s AI-Generated Content (AIGC) industry. The basics: CAICT defines AIGC as text and media generated entirely by a computer without human intervention. That could mean: A chatbot or digit…

On Friday, government-affiliated tech think tank CAICT published a white paper on the future development of China's AI-Generated Content (AIGC) industry.
The basics: CAICT defines AIGC as text and media generated entirely by a computer without human intervention. That could mean:

A chatbot or digit...

sources

CAICT: 人工智能生成内容（AIGC）白皮书（2022年）

September 5, 2022

The future’s here

Well, that was fast… On Friday, China expanded access to its derivatives markets for foreign investors via the Qualified Foreign Institutional Investor (QFII) and Renminbi QFII (RQFII) programs, days after a promise by a senior official from the securities regulator (CSRC). The deets: The China Fin…

Well, that was fast…
On Friday, China expanded access to its derivatives markets for foreign investors via the Qualified Foreign Institutional Investor (QFII) and Renminbi QFII (RQFII) programs, days after a promise by a senior official from the securities regulator (CSRC).
The deets: The China Fin...

sources

Caixin: 外资获准正式进场40个期货期权产品

Reuters: UPDATE 2-China broadens foreign access to financial, commodity derivatives market

September 5, 2022

Coming clean on SPBs

Special-purpose bonds (SPBs) are becoming another stick to beat local governments with. Some 25 provinces and cities have so far published audits of how they spent their budgets in 2021 according to Yicai. And it’s no surprise to find that more than 20 of them reported issues with SPBs. A quick ref…

Special-purpose bonds (SPBs) are becoming another stick to beat local governments with.
Some 25 provinces and cities have so far published audits of how they spent their budgets in 2021 according to Yicai.
And it's no surprise to find that more than 20 of them reported issues with SPBs.
A quick ref...

sources

Yicai: 20多省份审计报告披露专项债共性问题，多措并举避免资金闲置

September 5, 2022

How to be popular

On Sunday, the State Council released new opinions on how to further popularize science and technology. Sound familiar? This is the second national-level policy on sci-tech popularization to come out this month. On August 16, the Ministry of Science and Technology also dropped the 14th Five-Year Pl…

On August 16, the Ministry of Science and Technology also dropped the 14th Five-Year Pl...

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State Council: 关于新时代进一步加强科学技术普及工作的意见

September 5, 2022

The CAC preps for Xi’s big day

Do you hear that whirring sound? That’s China’s cyberspace watchdog (CAC) kicking the censorship machine into gear in preparation for the 20th Party Congress. Recap: Last week, the Politburo let it be known that the 20th Party Congress will begin on October 16. At the Congress, Xi Jinping is wid…

Do you hear that whirring sound?

That's China's cyberspace watchdog (CAC) kicking the censorship machine into gear in preparation for the 20th Party Congress.

Recap: Last week, the Politburo let it be known that the 20th Party Congress will begin on October 16.

At the Congress, Xi Jinping is wid...

sources

CAC: 中央网信办部署开展“清朗·打击网络谣言和虚假信息”专项行动

September 5, 2022

US mulling investment ban on Chinese tech

The US is considering ratcheting up the pressure on China tech. Again. On Saturday, Bloomberg reported that the Biden administration is considering imposing new restrictions on US investment in Chinese tech companies, citing unnamed sources. Some context: Investment restrictions are no…

The US is considering ratcheting up the pressure on China tech.

Again.

On Saturday, Bloomberg reported that the Biden administration is considering imposing new restrictions on US investment in Chinese tech companies, citing unnamed sources.
Some context: Investment restrictions are no...

sources

Bloomberg: Biden Weighing Actions to Curb US Investment in China Tech

September 5, 2022

Ready, steady, spend

On Friday, the Ministry of Industry and Information Technology (MIIT) and China’s Sport Ministry (GASC) asked local governments to help promote intelligent sports devices that might pique consumer interest. ICYMI: China’s economy is in the dumps. Overall retail sector sales actually declined 0.7% i…

Overall retail sector sales actually declined 0.7% i...

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Gov.cn: 工业和信息化部办公厅国家体育总局办公厅关于征集智能体育典型案例的通知

September 5, 2022

Whoaa wait a minute Suzhou Postman

On Monday, the Suzhou courier industry association and Suzhou Federation of Express Industry Trade Unions announced that all couriers in the city would be guaranteed a base income. The deets: The guarantee is based on a collective city-wide contract between unions and industry. Some background: Regu…

On Monday, the Suzhou courier industry association and Suzhou Federation of Express Industry Trade Unions announced that all couriers in the city would be guaranteed a base income.
The deets: The guarantee is based on a collective city-wide contract between unions and industry.
Some background: Regu...

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The Paper: 苏州首份快递行业集体合同签订，快递员派送费不低于1元/件

China Newsweek: 五家快递公司出现“无人派送”：低价战反噬快递业

21st Century Biz: 独家丨百世快递、极兔因“低价倾销”被罚：义乌部分分拨中心停运

Zhejiang Gov: 浙江省快遞業促進條例

ACFTU: 《交通运输部国家邮政局国家发展改革委人力资源社会保障部商务部

September 5, 2022

We’ll miss you, Xiao

On Friday, state media announced that China’s legislature (NPC) formally removed Xiao Yaqing as Minister for Industry and Information Technology (MIIT). He’s been officially replaced by Jin Zhuanglong. This is hardly a surprise: Xiao Yaqing had been under investigation for corruption since July. …

On Friday, state media announced that China’s legislature (NPC) formally removed Xiao Yaqing as Minister for Industry and Information Technology (MIIT).

He’s been officially replaced by Jin Zhuanglong.

This is hardly a surprise: Xiao Yaqing had been under investigation for corruption since July.

...

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news.cn: (受权发布）全国人民代表大会常务委员会决定任免的名单

September 5, 2022

Sponsor responsibly

Another day, another move to strengthen mainland securities regulation. On Friday, the Securities Association of China (SAC) – the self-regulatory body for China’s securities industry – released revisions to rules for IPO sponsors. A quick reminder: A sponsor guides an applicant through the listing …

Another day, another move to strengthen mainland securities regulation.
On Friday, the Securities Association of China (SAC) – the self-regulatory body for China’s securities industry – released revisions to rules for IPO sponsors.
A quick reminder: A sponsor guides an applicant through the listing ...

sources

Securities Association of China: 关于修订发布《证券公司保荐业务规则》的通知

The Paper: 券商保荐业务规则迎五方面修订完善：提升合理信赖原则操作性

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