Page 92 - Two Sessions News Today

After China’s annual Two Sessions in March, policy directives by departmental ministries and provincial governments on energy transition have come into shape. The first quarter of 2021...

Kingsoft Announces 2021 First Quarter Results JX Online III PC Game Delivers Solid Performance HONG KONG, May 25, 2021 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2021 ("period under review"). During the period under review, the revenue of Kingsoft increased 33% year-over-year to RMB1,559.6 million....

Business operating in China should expect changes to the market to align with climate goals.

Rethinking sovereign debt restructuring: Green solution for China Currently, the world is facing a few global problems. Among the key ones, two stand out: the fight against poverty, especially in low-income countries, and the fight against climate change. On April 8, the International Monetary Fund (IMF), through its managing director, Kristalina Georgieva, announced that it had begun developing a model for linking the debt management of low-income countries to the efforts of these countries in...

The Political Correctness of Hong Kong’s Tycoons News Analysis On May 4, Robin Zeng Yuqun, a new immigrant from mainland China, replaced Li Ka-shing as the richest man in Hong Kong when his net worth soared along with the company’s stock prices. In the context of Beijing’s “patriots ruling Hong Kong,” his new status attracted additional attention. In Forbes’ real-time billionaires list, Zeng’s net worth stood at $34.5 billion that day, surpassing Li by $.2 billion. However, on May...

Assessing China’s Energy and Climate Goals May 6, 2021, 5:00 am Getty/Ma Xiping/Xinhua Aerial photo taken on February 24, 2021, shows a molten-salt solar thermal power plant in Dunhuang, northwest Chinas Gansu Province. Sam Hananel China is the world’s largest greenhouse gas producer. 1 As such, the world needs the Chinese government to take ambitious, urgent action to reduce emissions. In September 2020 at the United Nations, and again at the recent Leaders Summit on Climate convened ...

Why India’s complete economic disengagement from China is unrealistic Why India’s complete economic disengagement from China is unrealistic If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground. Madhu Bhalla 27 April, 2021 1:19 pm IST Text Size: A+ The near collapse of frameworks for strategic relations with China and the newly protectionist impu...

It Is Obvious That The Mainland Will Further Strengthen The Work Of Opposing Independence And Promoting Reunification "Professor Tang Yonghong, Deputy Director of the Taiwan Research Center at Xiamen University, told China Review that the part of the annual Government Work Report on Taiwan generally maintains a relationship of inheritance and development, which is reflected in its short text. "Compared with the previous years, the identical contents are remaining committed to the major princi...

China Increased Military Spending By 6.8% During The Pandemic "At this years Lianghui, or the Two Sessions of the National Peoples Congress (NPC) and of the Chinese Peoples Political Consultative Conference (CPCC), the Chinese government announced its military expenditure of 2021, which has increased by 6.8% since last year and has topped RMB1.35 trillion, about $209 billion. Even though it remains far behind U.S.s 2021 defense budget of $740.5 billion, this years Chinese military expenditure h...

Tax administration reform over the next five years Following high-level announcements at the March meetings of the Chinese legislature (the Two Sessions) the Chinese government has been issuing a series of notices on the details of various tax reforms over the next five years.   Tax administration reform is high on the agenda, with milestones set for each of the years up to 2025, in particular:  New systems to leverage vast quantities of taxpayer data to provide tailored and customised tax s...