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China's Low GDP Target Gives Beijing Room to Address Market Risks

After the mainland Chinese stock markets significant gains over the last six months, investors are focused on two things, Tai Hui, chief Asia market strategist at JPMorgan Asset Management, said Wednesday. One is concerns over a rollback of supportive fiscal and monetary policy based on comments out of Chinas annual parliamentary meeting; the other is the sell-off in the U.S. market, particularly in high-flying technology stocks, he said. Top officials from the Peoples Bank of China and banking...
Xuan Wei Tai Hui Li Keqiang People Bank Two Sessions Mainland Chinese

Sinopec to Set Up 1,000 Hydrogen Stations

Sinopec to Set Up 1,000 Hydrogen Stations Mar 11, 2021 12:10:pm Summary by: Shardul Sharma Posted in: Sinopec to Set Up 1,000 Hydrogen Stations Chinese state-run Sinopec will establish 1,000 hydrogen refuelling stations during the next five years, its president Ma Yongsheng said during the Two Sessions recently held in Beijing, the company said on March 11.   "During the 14th Five-Year Plan period [2021-2025], Sinopec will layout 1,000 hydrogen refuelling stations and step up to become...
Ma Yongsheng China Hydrogen Energy Alliance Two Sessions Five Year Plan Oil Hydrogen Gas Stations

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Premier addresses pressure on growth, job creation at press conference

Premier addresses pressure on growth, job creation at press conference Shen Weiduo Published: Mar 11, 2021 09:45 PM Highlights of Chinese Premiers Press Conference Infographic: Yu Tianjiao, Wu Tiantong/GT Chinese Premier Li Keqiang on Thursday addressed a series of challenges in various areas of the countrys economic and social development, including great uncertainties for growth, mounting pressure on employment and weaknesses in fundamental research, striking a sobering note over potential ...
Xu Zihe Yu Tianjiao Economic Operation Association Chinese Premier Press Conference Infographic Zhongnan University Of Economics Chinese Premier

China 'two sessions' 2021: tightened regulation of 'chaotic' K-12 off-campus education market may spoil Big Tech's expansion plans

President Xi Jinping has described the domestic market for K-12 after-school education services as a ‘social problem’ China’s top legislature has indicated that off-campus training services create problems for the country’s education sector
Big Tech K 12 Off Campus Education Market Xi Jinping Chinese Peoples Political Consultative Conference Two Sessions National Peoples Congress
Source: scmp.com

GGRAsia – Macau CPPCC rep tips vaccine cert for visitors not Covid test

A Macau delegate to a key advisory body to the Chinese government has tabled a proposal in Beijing that Macau should waive the need for visitors to produce a ‘negative’ Covid-19 test certificate, as long as the individuals concerned have proof they have been vaccinated against the disease. Alex Lao Nga Wong is a member of the Chinese People’s Political Consultative Conference (CPPCC), which on Wednesday concluded its latest sitting in the Chinese capital, as part of the so-called ‘Two S...
Hong Kong Macau General Nga Wong Francis Lui Yiu Tung Wang Yi Galaxy Entertainment Group Ltd

Opinion: China's Economy at a 'Juncture in History,' State Media Proclaims

China’s Economy at a ‘Juncture in History,’ State Media Proclaims An article by Chinese state media Xinhua News titled, “A Preview of the 2021 Two Sessions: China’s Signals at a Juncture in History,” was recently posted in the exclusive spot reserved for coverage of Xi Jinping, meaning it carried unusual weight. The term “Two Sessions” refers to the annual plenary sessions of the CCP’s national-level political decision-making organizations. The article’s title directly point...
Xu Guangjian Ji Zhiye Zhang Liqun Zhang Wenhong Fudan University Development Research Centre Of The State Council

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