Who is Zhou Zhijun? Chinese agency warns about impostor claiming to be head of group which counts Hong Kong leader as member
National Development and Reform Commission says there is no such individual, and the Greater Bay Area leading group is headed by Chinese Vice-Premier Han Zheng
Character’s exploits reported in self-proclaimed media agency which was earlier sued by Phoenix Satellite TV
China’s focus on self-sufficiency will not hold back LNG demand [Gas in Transition]
May 4, 2021 5:15:am
Summary The focus of China’s 14th Five-Year Plan is self sufficiency with an implied short-term increase in coal use and a major effort to boost domestic gas production, alongside rapidly expanding renewables and nuclear capacity in electricity generation. Yet even as gas imports along the new Power of Siberia ramp up, China’s demand for LNG is expected to grow fast. Projections of 80-110bn m3/year by 2025 could well prove low, given LNG’s flexibility in meeting demand variations, possible shortfalls in targeted domestic gas output and gradual liberalisation of the gas market. [Gas in Transition, Volume 1, Issue 1]
The fourth session of the 13th National People s Congress (NPC) opens at the Great Hall of the People in Beijing, capital of China, March 5, 2021. - Xinhua
BEIJING: China s decision not to set an economic growth target for its new five-year plan will give policymakers more room to account for uncertainties and respond to changes, a senior state planner official said on Monday.
In its 2021-2025 economic plan delivered to the nation s legislature on Friday, China did not include any average annual growth targets, unlike the previous five-year plan issued in 2016.
It did, however, pledge to keep growth in a reasonable range over the five-year period and set an annual gross domestic product target of above 6% for the current year, having dropped the 2020 target last year amid global uncertainties caused by the pandemic.
Alibaba Group Holding Ltd s $5 billion U.S.-dollar bond offering received demand for eight times the debt offered, underscoring global investors faith in founder Jack Ma s e-commerce behemoth despite a regulatory crackdown on his empire.
Pricing for the deal was set on Friday tighter than initially flagged by the company on Thursday, indicating robust demand to buy the rare debt float. The latest international bond offering is Alibaba s third, according to data from Refinitiv.
Several sovereign wealth funds were among the buyers, along with high profile U.S. long-only funds, a person with direct knowledge of the deal told Reuters, adding demand was extremely strong across the various maturity-tranches.