Page 101 - Two Sessions News Today

In a new work report and 14th five-year plan presented at the annual ‘two sessions’ event, China seeks to nurture digital industries such as artificial intelligence, blockchain and cloud computing alongside new laws protecting personal information and data security.

A proposal submitted to the Chinese People’s Political Consultative Conference says measures have gone too far.

Standard Chinese – both spoken and written – and state-compiled textbooks must be unwaveringly adopted in schools, president says Pupils and parents in the northern region staged angry protests last summer against an order to replace Mongolian as the principal language in key school subjects

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This week’s top stories include tech developments at China’s biggest annual political meeting, how SMIC is doing amid the global chip shortage, and recent green initiatives.

China hikes defense budget by 6.8 % in 2021, faster than 6.6% growth last year Liu Xuanzun Published: Mar 05, 2021 10:19 AM Updated: Mar 05, 2021 09:31 PM Graphic: GT China increased its 2021 defense budget by 6.8 percent to 1.35 trillion yuan ($209 billion) in a quicker pace than last years growth, which analysts believe is normal, steady and restrained as the country resiliently emerges from the wreckage of COVID-19 pandemic.    The budget increase, released in a draft budget report iss...

On the basis of equality and mutual respect, China will promote the growth of mutually beneficial China-US business relations

By Addison Gong 05 Mar 2021 In this round-up, smaller Chinese firms see the slowest growth in manufacturing and services activity since mid-2020, the head of the Chinese banking and insurance regulator is wary of bubbles bursting in foreign markets, and the onshore sale of the so-called ‘carbon neutrality bonds’ moves from the interbank market to the smaller exchange market. Read our Two Sessions special round-up for the highlights from Chinas annual parliamentary meeting.  The Caixin man...

SHFE nonferrous metals fell broadly on Friday March 5. Copper fell 1.76%, aluminium declined 1.68%, nickel tumbled 6.7%, lead weakened 1.31% and tin slid 1.52%, while zinc inched up 0.05%.

China will remain highly vigilant against and resolutely deter any separatist activity seeking "Taiwan independence," according to a government work report submitted Friday to the national legislature for deliberation.