string(13) "markets-macro"

Macro

June 9, 2021

Some reservations

On Tuesday, Executive Vice Premier Han Zheng chaired a meeting at the National Food and Strategic Reserves Administration (NFSRA). Unsurprisingly, Han kicked things off by talking about the importance of food security (Economic Daily): “Food security is an important foundation of national secu… Username Password Remember Me Forgot Password

“Food security is an important foundation of national secu...

sources

Economic Daily: 扎实做好粮食和物资储备改革发展工作

NDRC: 《完善政府猪肉储备调节机制做好猪肉市场保供稳价工作预案》答记者问

June 9, 2021

Coal walks a tightrope

On Wednesday, the China Coal Industry Association (CCIA) published its plan for developing the coal industry over the next five years. CCIA says coal consumption is still set to grow… They target a modest annual coal consumption growth rate of just 1% per year through 2025. They also set regional c…

On Wednesday, the China Coal Industry Association (CCIA) published its plan for developing the coal industry over the next five years.
CCIA says coal consumption is still set to grow…

They target a modest annual coal consumption growth rate of just 1% per year through 2025.
They also set regional c...

sources

China Coal Industry Association: 关于印发《煤炭工业“十四五”高质量发展指导意见》的通知

June 9, 2021

Blockchain hope

On Monday, the Ministry of Industry and Information Technology (MIIT) and Cyberspace Administration of China announced plans to make China a world leader in blockchain technology. Some context: Top leaders – including Xi Jinping himself – have been interested in blockchain for a while as part of a w…

On Monday, the Ministry of Industry and Information Technology (MIIT) and Cyberspace Administration of China announced plans to make China a world leader in blockchain technology.
Some context: Top leaders – including Xi Jinping himself – have been interested in blockchain for a while as part of a w...

sources

MIIT: 两部门关于加快推动区块链技术应用和产业发展的指导意见

MIIT: 《关于加快推动区块链技术应用和产业发展的指导意见》解读

June 9, 2021

Can’t give it away

On Tuesday, domestic media reported that the State Administration of Market Regulation (SAMR) is moving to end “one-cent flash sales” on group buying platforms. A quick definition: One-cent flash sales are what they sound like – a sale where platforms offer a product with wide appeal – fresh fr…

On Tuesday, domestic media reported that the State Administration of Market Regulation (SAMR) is moving to end “one-cent flash sales” on group buying platforms.
A quick definition: One-cent flash sales are what they sound like – a sale where platforms offer a product with wide appeal – fresh fr...

sources

LatePost: 监管继续收紧社区团购补贴，要求平台下架“一分钱秒杀”

June 9, 2021

CEEC-ing a friend for the end of the world

Hold on to your pierogi, everyone! On Tuesday, the 2nd China-Central and Eastern European Countries (CEEC) Expo kicked off in Ningbo. Some context: The CEEC formulation, informally known as “16+1”, was cooked up by China’s foreign ministry in 2012 to deepen ties between China and a group of 16 …

Hold on to your pierogi, everyone!
On Tuesday, the 2nd China-Central and Eastern European Countries (CEEC) Expo kicked off in Ningbo.
Some context: The CEEC formulation, informally known as “16+1”, was cooked up by China’s foreign ministry in 2012 to deepen ties between China and a group of 16 ...

sources

CGTN: President Xi sends congratulatory letter to second China-CEEC Expo

June 9, 2021

One big happy family

On Tuesday, Xi Jinping continued his visit in Qinghai. On the itinerary: Visits to a Tibetan village and to Qinghai lake. Some context: Qinghai lake is China’s largest. It’s well known for abundant bird life due to its location at the crossroads of several major avian migration routes acro…

On Tuesday, Xi Jinping continued his visit in Qinghai.
On the itinerary: Visits to a Tibetan village and to Qinghai lake.
Some context: Qinghai lake is China’s largest. It’s well known for abundant bird life due to its location at the crossroads of several major avian migration routes acro...

sources

Gov.cn: 习近平：生态是资源和财富，是我们的宝藏

Gov.cn: 习近平：我们都是一家人，都是兄弟姐妹，我们的明天会更好

Xinhua: Xi Focus: CPC wins people’s heartfelt support because it serves them wholeheartedly: Xi

June 8, 2021

Vaccination drive maintains momentum

China’s COVID-19 vaccination campaign is charging full speed ahead (NHC): As of Monday, China had administered a total of 794.13 million vaccine doses – up from 661.47 million doses a week ago. Some context: Last week’s administered vaccine doses averaged 18.95 million per day, which is: Sli…

China’s COVID-19 vaccination campaign is charging full speed ahead (NHC):

As of Monday, China had administered a total of 794.13 million vaccine doses – up from 661.47 million doses a week ago.

Some context: Last week’s administered vaccine doses averaged 18.95 million per day, which is:

Sli...

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NHC: 新冠病毒疫苗接种情况

Yicai: 国药董事长：国药疫苗已获70多国和国际组织批准年产能超50亿剂

The Paper: 国家已批准科兴新冠疫苗紧急使用年龄范围扩大到3岁以上

June 8, 2021

Comprehensive strategic frenemies

On Monday, Foreign Minister Wang Yi, along with Philippine Foreign Secretary Teodoro Locsin Jr, co-chaired the Special ASEAN (Association of Southeast Asian Nations)-China Foreign Ministers’ Meeting. Wang kicked things off by hailing progress in China-ASEAN relations (Xinhua): “In the pas…

On Monday, Foreign Minister Wang Yi, along with Philippine Foreign Secretary Teodoro Locsin Jr, co-chaired the Special ASEAN (Association of Southeast Asian Nations)-China Foreign Ministers’ Meeting.
Wang kicked things off by hailing progress in China-ASEAN relations (Xinhua):

“In the pas...

sources

Xinhua: 30 years on, China, ASEAN committed to building community with shared future

SCMP: China woos Asean with diplomatic upgrade in its relationship status 5. Vaccination drive maintains momentum

June 8, 2021

Anti-foreign sanctions law “surprise”

On Monday, the National People’s Congress Standing Committee (NPCSC) reviewed the second draft of the Anti-Foreign Sanctions Law. Wait… second draft? The first was never announced, which is unusual. Even so, this is not a total shocker. The NPCSC’s 2021 work report, released in March, mad…

On Monday, the National People’s Congress Standing Committee (NPCSC) reviewed the second draft of the Anti-Foreign Sanctions Law.
Wait… second draft?
The first was never announced, which is unusual.
Even so, this is not a total shocker.

The NPCSC’s 2021 work report, released in March, mad...

sources

Xinhua: 反外国制裁法草案二次审议稿提请全国人大常委会审议

Xinhua: Draft law against foreign sanctions submitted to China’s top legislature for 2nd reading

June 8, 2021

Socialism is good

The Propaganda Department’s got something to say. For the past two days, the People’s Daily has run front-page editorials authored by “Xuanyan,” which means “manifesto” or “declaration.” Party nerds knowXuanyan is a big deal: It’s a pseudonym for the Propaganda Department. The department …

The Propaganda Department’s got something to say.
For the past two days, the People’s Daily has run front-page editorials authored by “Xuanyan,” which means “manifesto” or “declaration.”
Party nerds knowXuanyan is a big deal:

It’s a pseudonym for the Propaganda Department.
The department ...

sources

People's Daily: 社会主义没有辜负中国

People's Daily: 中国没有辜负社会主义

June 8, 2021

Xi Jinping, carpet connoisseur

On Monday, Xi Jinping schlepped over to northwestern Qinghai province for a quick visit. His first stop: A Tibetan carpet company in provincial capital Xining. Xi wasn’t just looking to kit out his pad in Zhongnanhai. Rather, he wanted to tout some of his key policy iniatives (Xinhua 2): “The …

On Monday, Xi Jinping schlepped over to northwestern Qinghai province for a quick visit.
His first stop: A Tibetan carpet company in provincial capital Xining.
Xi wasn’t just looking to kit out his pad in Zhongnanhai.
Rather, he wanted to tout some of his key policy iniatives (Xinhua 2):

“The ...

sources

Xinhua: Xi inspects northwest China’s Qinghai

Xinhua: Xi stresses developing specialty industries, boosting development through innovation

Xinhua: 习近平：社区要搞好，一定要有坚强的基层党组织

Xinhua: 习近平：发展更多特色产业，靠创新实现更好发展

June 7, 2021

Black gold

On Friday, Vice Premier Hu Chunhua traveled to Suihua – a small city in Heilongjiang province – to attend a meeting about dirt. Yup, you read that right. Q: What kind of dirt could be important enough to inspire a trip by a vice premier, you ask? A: Black, or chernozem soil – a rare and …

On Friday, Vice Premier Hu Chunhua traveled to Suihua – a small city in Heilongjiang province – to attend a meeting about dirt.

Yup, you read that right.

Q: What kind of dirt could be important enough to inspire a trip by a vice premier, you ask?
A: Black, or chernozem soil – a rare and ...

sources

Gov.cn: 胡春华出席全国黑土地保护现场会并讲话

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