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Macro

November 11, 2020

Big tech’s regulatory reckoning

On Monday, Chinese regulators took aim at monopolistic practices by China’s tech giants, drafting the first antitrust rules for the internet industry. The rules target behavior such as unfairly forcing users to choose between platforms, selling below cost to strangle competition, and improper … Username Password Remember Me Forgot Password

On Monday, Chinese regulators took aim at monopolistic practices by China’s tech giants, drafting the first antitrust rules for the internet industry.

The rules target behavior such as unfairly forcing users to choose between platforms, selling below cost to strangle competition, and improper ...

sources

21st Century Biz: 市场监管总局：加强和改进平台经济领域反垄断监管

Gov.cn: 中央网信办、市场监管总局、税务总局联合召开规范线上经济秩序行政指导会

November 10, 2020

Filling the chips void

Thought we were finished gushing about Saturday’s Fifth Plenum debrief? Think again. At the meeting, Han Wenxiu also weighed in on China’s top priority for the next five years – innovation. He argued that innovation and control of key technologies is a must for China to minimize vulnerability to for…

Thought we were finished gushing about Saturday’s Fifth Plenum debrief?
Think again.
At the meeting, Han Wenxiu also weighed in on China’s top priority for the next five years – innovation.
He argued that innovation and control of key technologies is a must for China to minimize vulnerability to for...

sources

Sina: 学习十四五必读:中财办韩文秀解读十四五万字现场实录信息量巨大

November 10, 2020

Old policies, new packaging

At Saturday’s meeting (see previous entry), Han Wenxiu highlighted a few things the government will do to make the domestic part of the dual circulation strategy run more smoothly. He broke it down into four buckets (Sina): China must control critical technologies and ensure the security of su…

China must control critical technologies and ensure the security of su...

sources

Sina: 学习十四五必读:中财办韩文秀解读十四五万字现场实录信息量巨大

November 10, 2020

China wants to be more like the US

On Saturday, economic policy wizard Han Wenxiu met with senior officials and SOE executives in Beijing to brief them on the recently concluded Fifth Plenum. Han is Vice Premier Liu He’s right-hand man on econ policy and one of the top drafters of the Party’s 14th Five-Year Plan (FYP) recommendation…

On Saturday, economic policy wizard Han Wenxiu met with senior officials and SOE executives in Beijing to brief them on the recently concluded Fifth Plenum.

Han is Vice Premier Liu He’s right-hand man on econ policy and one of the top drafters of the Party’s 14th Five-Year Plan (FYP) recommendation...

sources

Sina: 学习十四五必读:中财办韩文秀解读十四五万字现场实录信息量巨大

Xinhua: 学习贯彻党的十九届五中全会精神中央宣讲团首场报告会在京举行

November 10, 2020

State Council streamlines administrative approvals

On Monday, the General Office of the State Council released a notice to expand a “notification-commitment system” nationwide, after piloting it in Shanghai and other cities since 2015. Some context: The system is aimed at streamlining administrative approvals and minimizing bureaucratic hassle – a t…

On Monday, the General Office of the State Council released a notice to expand a “notification-commitment system” nationwide, after piloting it in Shanghai and other cities since 2015.
Some context: The system is aimed at streamlining administrative approvals and minimizing bureaucratic hassle – a t...

sources

Gov.cn: 国务院办公厅关于全面推行证明事项和涉企经营许可事项告知承诺制的指导意见

November 10, 2020

State Council looks to boost trade

On Monday, the State Council issued guidelines for promoting innovative foreign trade. The circular is all about fleshing out the dual circulation strategy (DCS). Some context: DCS is a policy prescription aimed at reducing the Chinese economy’s vulnerability to external shocks by making dome…

On Monday, the State Council issued guidelines for promoting innovative foreign trade.

The circular is all about fleshing out the dual circulation strategy (DCS).

Some context: DCS is a policy prescription aimed at reducing the Chinese economy’s vulnerability to external shocks by making dome...

sources

Gov.cn: China to promote innovative development of foreign trade

Gov.cn: 国务院办公厅关于推进对外贸易创新发展的实施意见

November 10, 2020

Li solicits CPPCC support

On Monday, Premier Li Keqiang joined a session of the Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC). Some context: The CPPCC is China’s top political advisory body. It brings together senior leaders with non-Party groups and individuals, to solicit policy …

On Monday, Premier Li Keqiang joined a session of the Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC).
Some context: The CPPCC is China’s top political advisory body. It brings together senior leaders with non-Party groups and individuals, to solicit policy ...

sources

Xinhua: Political advisors urged to contribute to China’s development plan

November 9, 2020

Party tweaks KPIs for cadres

On Friday, the Central Organization Department released a notice aimed at improving performance reviews for officials. Some context: This is the second tweak to cadres’ key KPIs in two years. The key change: Going forward, KPIs will be formulated to assess officials’ work on boosting the qualit…

On Friday, the Central Organization Department released a notice aimed at improving performance reviews for officials.
Some context: This is the second tweak to cadres’ key KPIs in two years.
The key change: Going forward, KPIs will be formulated to assess officials’ work on boosting the qualit...

sources

Gov.cn: 中共中央组织部关于改进推动高质量发展的政绩考核的通知

November 9, 2020

Lam gets dissed in Beijing

On Friday, Executive Vice Premier Han Zheng met with Hong Kong Chief Executive Carrie Lam in Beijing. Some context: Han is the top official overseeing Hong Kong affairs. Lam was in town to consult with Han and other top officials ahead of her annual policy address, which is scheduled for Novemb…

On Friday, Executive Vice Premier Han Zheng met with Hong Kong Chief Executive Carrie Lam in Beijing.
Some context: Han is the top official overseeing Hong Kong affairs.
Lam was in town to consult with Han and other top officials ahead of her annual policy address, which is scheduled for Novemb...

sources

Gov.cn: 韩正会见林郑月娥

SCMP: Hong Kong leader Carrie Lam, unable to secure border opening, leaves Beijing with ‘key task’ – bringing Covid-19 under control

November 9, 2020

Doomsday preppers: State Council edition

Friday’s State Council executive meeting also discussed another important topic (see previous entry). Namely, guarding against a possible winter resurgence of COVID-19 and other wintertime diseases. The meeting called for a nationwide public health campaign to prevent a re-emergence of COVID-19 as w…

Friday’s State Council executive meeting also discussed another important topic (see previous entry).
Namely, guarding against a possible winter resurgence of COVID-19 and other wintertime diseases.
The meeting called for a nationwide public health campaign to prevent a re-emergence of COVID-19 as w...

sources

Gov.cn: 李克强主持召开国务院常务会议确定加强财政民生支出保障的措施增强惠民政策获得感和可持续性等

Gov.cn: China to launch public health campaign, enhance disease preparedness and response

November 9, 2020

Frugal living

On Friday, Premier Li Keqiang chaired a routine State Council executive meeting. At the top of the agenda: Mitigating the pandemic’s impact on low-income populations, including migrant workers, gig workers, and people living in poverty. Some context: This year, the State Council has taken …

On Friday, Premier Li Keqiang chaired a routine State Council executive meeting.
At the top of the agenda: Mitigating the pandemic’s impact on low-income populations, including migrant workers, gig workers, and people living in poverty.
Some context: This year, the State Council has taken ...

sources

Gov.cn: 李克强主持召开国务院常务会议确定加强财政民生支出保障的措施增强惠民政策获得感和可持续性等

November 9, 2020

Xi’s been working on the railroad

On Sunday, Xi Jinping called for the “high-quality” construction of the Sichuan-Tibet Railway, hailing the line as a step forward for both economic integration and ethnic unity. Xi made the comments to mark the beginning of construction on the Ya’an–Nyingchi segment of the railway. Some conte…

On Sunday, Xi Jinping called for the “high-quality” construction of the Sichuan-Tibet Railway, hailing the line as a step forward for both economic integration and ethnic unity.

Xi made the comments to mark the beginning of construction on the Ya’an–Nyingchi segment of the railway.

Some conte...

sources

Gov.cn: 习近平对川藏铁路开工建设作出重要指示

Xinhua: Xi Focus: Xi stresses building high-quality Sichuan-Tibet Railway

CGTN: Xi Jinping stresses building high-quality Sichuan-Tibet Railway

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