string(13) "markets-macro"

Macro

January 25, 2022

Distributing efficiency

On Monday, the National Development and Reform Commission (NDRC) released its first ever five-year plan (FYP) on building a modern distribution system. The plan is all about ensuring that stuff gets from suppliers to demanders as efficiently as possible. Much of what’s in there is u… Username Password Remember Me Forgot Password

On Monday, the National Development and Reform Commission (NDRC) released its first ever five-year plan (FYP) on building a modern distribution system.

The plan is all about ensuring that stuff gets from suppliers to demanders as efficiently as possible.

Much of what's in there is u...

sources

Gov.cn: 国家发展改革委关于印发《“十四五”现代流通体系建设规划》的通知

China Daily: NDRC moots sophisticated distribution

Xinhua: 构建新发展格局的一项重要战略任务——聚焦《“十四五”现代流通体系建设规划》

January 25, 2022

Do you hear the people xin?

On Monday, at its monthly meeting, the Politburo approved new regulations on public petitions. The move affects millions of citizens who appeal (largely in vain) for higher authorities’ help to resolve local grievances. First things first: Xi Jinping and other attendees reviewed a report by the Poli…

On Monday, at its monthly meeting, the Politburo approved new regulations on public petitions. The move affects millions of citizens who appeal (largely in vain) for higher authorities' help to resolve local grievances. First things first: Xi Jinping and other attendees reviewed a report by the Poli...

sources

Xinhua: 中共中央政治局召开会议审议《中央政治局常委会听取和研究全国人大常委会、国务院、全国政协、最高人民法院、最高人民检察院党组工作汇报和中央书记处工作报告的综合情况报告》《信访工作条例》中共中央总书记习近平主持会议

January 25, 2022

Sanction, vexed retort, repeat

In recent days, China’s Ministry of Commerce and Ministry of Foreign Affairs (MoFA) have both responded to the latest round of US sanctions on Chinese military tech companies. Spoiler alert: Beijing isn’t happy. What happened: On Friday, the US Department of State issued fresh sanctions on…

In recent days, China's Ministry of Commerce and Ministry of Foreign Affairs (MoFA) have both responded to the latest round of US sanctions on Chinese military tech companies.
Spoiler alert: Beijing isn't happy.
What happened: On Friday, the US Department of State issued fresh sanctions on...

sources

FMPRC: 2022年1月21日外交部发言人赵立坚主持例行记者会

MofCom: 商务部新闻发言人就美方宣布制裁3家中国企业发表谈话

Federal Register: Imposition of Missile Proliferation Sanctions on Three Entities in the People's Republic of China (PRC)

January 25, 2022

Tianjin beat Omicron

Over the past week, COVID-19 case numbers in China have been trending downward. Between last Monday and this Monday, China reported (NHC): 326 new domestically transmitted symptomatic infections, significantly down from 1,002 in the previous 8-day period. 43 new domest…

Over the past week, COVID-19 case numbers in China have been trending downward.
Between last Monday and this Monday, China reported (NHC):

326 new domestically transmitted symptomatic infections, significantly down from 1,002 in the previous 8-day period.
43 new domest...

sources

NHC: 截至1月24日24时新型冠状病毒肺炎疫情最新情况

The Paper: 西安有序恢复正常生产生活秩序，离市人员凭一码通绿码出行

21st Century Biz: 天津疫情实现社会面清零

Xinhua: 天津第四次全员核酸检测：4.5小时采集人数超千万

January 25, 2022

Carbon allowances could be tighter than expected

On Friday, Bloomberg scooped that the Ministry of Ecology and Environment (MEE) could be looking at deeper cuts to carbon allowances in the national emissions trading scheme (ETS), to help meet China’s climate goals. Some context: In early January, Bloomberg revealed that Chinese regulators have pro…

On Friday, Bloomberg scooped that the Ministry of Ecology and Environment (MEE) could be looking at deeper cuts to carbon allowances in the national emissions trading scheme (ETS), to help meet China's climate goals.
Some context: In early January, Bloomberg revealed that Chinese regulators have pro...

sources

Bloomberg: China's Carbon Market May Get Stricter Under a New Proposal

January 25, 2022

Livin’ la vida verde

On Monday, the State Council issued the 14th Five-Year Plan (FYP) for energy conservation and emission reductions. Hoo boy, there’s a lot to unpack here. China’s green transition will take years and involve every part of the economy. It also requires better coordination across a wide range of econom…

On Monday, the State Council issued the 14th Five-Year Plan (FYP) for energy conservation and emission reductions.
Hoo boy, there's a lot to unpack here.
China's green transition will take years and involve every part of the economy. It also requires better coordination across a wide range of econom...

sources

Gov.cn: “十四五”节能减排综合工作方案

Xinhua: 国务院印发《“十四五”节能减排综合工作方案》

January 25, 2022

Coal tide

On Friday, new customs data showed that between October and December, China allowed 6.17 million tons of Australian coking coal – stuck in Hong Kong and Macau ports – to finally clear customs. ICYMI: China imposed a strict unofficial ban on Australian coal in November 2020, following Canberra’s supp…

On Friday, new customs data showed that between October and December, China allowed 6.17 million tons of Australian coking coal – stuck in Hong Kong and Macau ports – to finally clear customs.
ICYMI: China imposed a strict unofficial ban on Australian coal in November 2020, following Canberra's supp...

sources

International Coal Network: 2021中国炼焦煤进口5470万吨!加拿大煤翻翻，美国煤同比增10倍!

Bloomberg: China Lets In Most of the Australian Coal Stranded at Its Ports

January 25, 2022

Toe-to-toe

On Friday, the NSF published The State of U.S. Science and Engineering in 2022 report. The key finding: the US is losing ground to China in the R&D race (Science.org): “China has overtaken the United States as the world’s leader in several key scientific metrics, including the overall number of…

On Friday, the NSF published The State of U.S. Science and Engineering in 2022 report.
The key finding: the US is losing ground to China in the R&D race (Science.org):

"China has overtaken the United States as the world’s leader in several key scientific metrics, including the overall number of...

sources

US Gov: The State of U.S. Science and Engineering 2022

Science.org: U.S. science no longer leads the world. Here’s how top advisers say the nation should respond

January 25, 2022

Ant Group Xianghubao shutdown

On Friday, Caixin reported that the shutdown of Ant Group’s mutual aid insurance platform, Xianghubao, isn’t going so well. What’s mutual aid? Mutual aid is an insurance plan for critical illness targeted at low-income households. Members pool their money to assist other members in paying medical b…

On Friday, Caixin reported that the shutdown of Ant Group’s mutual aid insurance platform, Xianghubao, isn't going so well.
What’s mutual aid? Mutual aid is an insurance plan for critical illness targeted at low-income households. Members pool their money to assist other members in paying medical b...

sources

Caixin: 相互宝关门超1000万客户转投“健康福”重疾险

January 25, 2022

Flash Talk | China’s economy in 2022: A rough ride ahead

It hardly bears mentioning that this is a big year for the Chinese economy. The growth rate is slowing at an accelerating pace, and household consumption is weak. Incomes are growing at a snail’s pace. The real estate sector continues to struggle under policy-driven contraction. Export growth, which…

It hardly bears mentioning that this is a big year for the Chinese economy.
The growth rate is slowing at an accelerating pace, and household consumption is weak. Incomes are growing at a snail's pace. The real estate sector continues to struggle under policy-driven contraction. Export growth, which...

January 25, 2022

NIPA rejects metaverse trademark registration

Looks like China’s IP authorities might be taking steps to rein in the metaverse frenzy. Background: Over the past several months, China’s big tech companies have scrambled to jump on the metaverse bandwagon, registering hundreds of metaverse-related patents. Yesterday, SCMP reported that the N…

Looks like China’s IP authorities might be taking steps to rein in the metaverse frenzy.
Background: Over the past several months, China’s big tech companies have scrambled to jump on the metaverse bandwagon, registering hundreds of metaverse-related patents.
Yesterday, SCMP reported that the N...

sources

SCMP: China starts rebuff of various metaverse trademark applications amid rush to hype the internet’s next generation

January 24, 2022

Holding the line… but for how long?

The Government Work Report (GWR) has loomed large on Premier Li Keqiang’s mind recently. ICYDK: The GWR looks back at what the government did in the past year, and sets economic priorities and key targets for the coming year. It will be unveiled at the opening of the annual meeting of the National P…

The Government Work Report (GWR) has loomed large on Premier Li Keqiang’s mind recently.
ICYDK: The GWR looks back at what the government did in the past year, and sets economic priorities and key targets for the coming year. It will be unveiled at the opening of the annual meeting of the National P...

sources

Gov.cn: 李克强主持召开国务院全体会议讨论《政府工作报告（征求意见稿）》韩正等出席

Gov.cn: 李克强主持召开专家企业家座谈会征求对政府工作报告意见建议韩正出席

Gov.cn: 李克强主持召开教科文卫体界人士和基层群众代表座谈会听取对政府工作报告的意见建议韩正出席

Xinhua: Chinese premier stresses implementing macro policies innovatively

Xinhua: Chinese premier stresses primary-level education, medical services

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