China: Daily Scan, January 31, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Xi takes part in annual Chinese New Year gathering with non-CPC members: Xinhuanet
January 29, 2022

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Saturday took part in an annual gathering with non-CPC members ahead of the Spring Festival, or the Chinese New Year. Click here to read...

China firmly opposes malicious U.S. suppression of Chinese telecom operator: Xinhuanet
January 28, 2022

China firmly opposes the United States' generalization of the concept of national security, its abuse of state power and its repeated malicious suppression of Chinese telecom operators in the absence of facts, the Ministry of Commerce said on Friday. Click here to read...

China's real estate loan growth moderates in 2021: Xinhuanet
January 30, 2022

China's real estate loan growth eased at the end of 2021 compared with a year before, according to data from the People's Bank of China (PBOC) on Sunday. At the end of 2021, outstanding yuan-denominated real estate loans nationwide stood at 52.17 trillion yuan (8.18 trillion U.S. dollars), up 7.9 percent year on year, 3.7 percentage points lower than at the end of 2020, the PBOC data shows. Click here to read...

China unveils new rules to better regulate overseas lending: Xinhuanet
January 29, 2022

Chinese financial regulators published new rules on overseas lending by domestic banks to facilitate the use of renminbi in such business and fend off risks in cross-border capital use on Saturday.A unified policy framework that covers overseas loans in both renminbi and foreign currencies will be established, according to the document jointly released by the People's Bank of China and the State Administration of Foreign Exchange. Click here to read...

Tibet advances "toilet revolution" to improve living conditions in rural, pastoral areas: Xinhuanet
January 28, 2022

Southwest China's Tibet Autonomous Region renovated 46,600 toilets for household use to improve living conditions in rural and pastoral areas in 2021, said the regional agriculture and rural affairs department. The region has so far renovated a total of 316,600 toilets for the locals. Click here to read...

Xi extends Spring Festival greetings to all Chinese, stressing unity, hard work for shared future: Quishi
January 30, 2022

Chinese President Xi Jinping, on behalf of the Communist Party of China (CPC) Central Committee and the State Council, extended Spring Festival greetings to all Chinese Sunday at a reception in Beijing. Click here to read...

China completes first megaton carbon capture project: China Daily
January 29, 2022

Sinopec, China's largest oil refiner, said Saturday that it has completed the country's first megaton-scale project of carbon capture, utilization and storage. The project is expected to reduce carbon dioxide emissions by 1 million tonnes per year, an amount equivalent to the effect of planting nearly 9 million trees. Click here to read...

32 world leaders to attend Beijing Olympics amid bankruptcy of US' boycott calls: Global Times
January 28, 2022

Chinese President Xi Jinping will attend the opening ceremony of the Olympic Winter Games Beijing 2022, and hold a welcome banquet for at least 32 foreign heads of state, heads of government, members of the royal family and heads of international organizations, a Chinese Foreign Ministry spokesperson announced on Friday. Click here to read...

Xi pledges China's greater contribution to world peace: Global Times
January 28, 2022

President Xi Jinping urged Chinese peacekeepers to play a bigger role in defending world peace during an inspection to the Central Theater Command of the People's Liberation Army (PLA) on Friday. When talking with Chinese peacekeepers posted overseas via video link, Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, also told them to strengthen safety precautions and step up COVID-19 prevention and control amid complicated circumstances. Click here to read...

China mulls regulations for deep synthesis technology: Global Times
January 28, 2022

The Cyberspace Administration of China (GAC) is mulling regulations for deep synthesis technology in China, in order to protect people's legitimate rights and interests. The draft, which was posted on the official website of the GAC on Friday, said that deep synthesis service providers should strengthen training data management, ensure that data processing is legal and proper, and take necessary measures to ensure data security. Click here to read...

China hikes first rare-earth quota of 2022 by 20% to meet surging new energy demand: Global Times
January 29, 2022

China has set a quota for the first batch of rare-earth mining in 2022 at 100,800 tons, up by about 20 percent compared with the level of last year, with a quota for smelting and separation at 97,200 tons, also up from the 81,000 tons in 2021. Click here to read...

China to end patent subsidies by 2025: People’s Daily
January 28, 2022

China plans to stop all patent subsidies by 2025 to help shift its intellectual property (IP) focus from quantity to quality. All types of financial aid for patent licensing should be reduced by at least 25 percentage points every year until they are canceled by 2025, according to a notice issued by the National Intellectual Property Administration. Click here to read...

China to strengthen anti-monopoly efforts in pharma industry: Reuters
January 30, 2022

China will toughen law enforcement to curb monopoly practices and unfair competition in the pharmaceutical industry as the government seeks to foster a good business environment, the industry ministry said on Sunday. The action follows November's regulatory guidelines to stamp out monopolies in active pharmaceutical ingredients (API). China leads the world in making and exporting these products. Click here to read...

Hong Kong home affairs chief Caspar Tsui resigns: Reuters
January 31, 2022

Hong Kong's Secretary for Home Affairs Caspar Tsui, who recently attended the birthday party of a delegate to China's legislature, where two of the nearly 200 guests tested positive for COVID-19, resigned on Monday, effective immediately. Tsui said he had made a wrong decision to attend the banquet on Jan. 3 when all efforts should have been devoted to controlling the spread of the virus. Click here to read...

China allows U.N. rights chief to visit Xinjiang: Kyodo
January 29, 2022

China will allow U.N. human rights chief Michelle Bachelet to visit the far western region of Xinjiang, the Foreign Ministry said Friday. Bachelet received Beijing's approval to visit the region with the understanding that it would be a "friendly" trip rather than an investigation into alleged human rights abuses against Uyghur Muslims, according to The South China Morning Post. Click here to read...

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