China: Daily Scan, May 25, 2022
Kota Mallikarjuna Gupta, Research Associate, VIF
Chinese firm to invest 300 mln USD in Zimbabwe's lithium mine: Xinhuanet
May 24, 2022

China's Zhejiang Huayou Cobalt said Tuesday it will invest around 300 million U.S. dollars to develop the Arcadia hard-rock lithium mine in Zimbabwe which it recently acquired from the Australian-listed Prospect Resources. The investment will also be used to construct a process plant with a capacity to treat around 4.5 million metric tonnes of ore and produce 400,000 metric tonnes of lithium concentrate per annum, the company said. Click here to read...

China's commerce ministry responds to U.S.-launched IPEF: Xinhuanet
May 24, 2022

China believes that the new Indo-Pacific Economic Framework (IPEF) should facilitate prosperity, development and economic cooperation rather than undermine and divide existing mechanisms in the Asia-Pacific region, the Ministry of Commerce said on Tuesday. Click here to read...

BRICS countries pin high hopes on cooperation in industrial digital transformation: Xinhuanet
May 24, 2022

The industrial internet and digital manufacturing are taking root in BRICS countries, namely Brazil, Russia, India, China and South Africa. There are broad prospects for cooperation in these fields, transforming modes of production and shaping people's experiences of life, work and study. Click here to read...

China allows deferred housing provident fund payments amid epidemic: Xinhuanet
May 24, 2022

Chinese authorities Tuesday rolled out a phased supportive policy on deferring housing provident fund contributions to help enterprises and individuals tide over difficulties amid the epidemic. Enterprises affected by the epidemic can apply for postponing the payment of housing provident fund contributions under the rules and make the payment afterward, said a circular. Click here to read...

China pledges greater credit support to stabilize economy: Xinhuanet
May 24, 2022

Chinese authorities have pledged to increase credit issuance and enhance financial support for key businesses and fields. Strengthened financial support will be given for micro, small and medium-sized enterprises, green development, scientific and technological innovation, energy supply, water conservancy and infrastructure, among others, according to a meeting jointly held by the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission. Click here to read...

Means of production prices fall in China: Xinhuanet
May 24, 2022

Most of the capital goods monitored by the government posted lower prices in mid-May compared with early May this year, official data showed Tuesday. Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some agricultural products mainly used for processing, 23 saw their prices increase, while 27 posted lower prices, according to the National Bureau of Statistics. Click here to read...

Diversified Chinese movies, TV dramas appeal to more fans globally: Xinhuanet

May 24, 2022

Ever since watching his very first Jackie Chan movies 17 years ago, Bakary Coulibaly has become a fan of Chinese movies and TV dramas. "The only way to get Chinese movies back then was to buy DVDs, which were all old titles rather than new ones or TV series," Coulibaly, a young Malian studying in China, recalled. Click here to read...

Chinese delegation vilified by CNN's false report: China Daily
May 24, 2022

The Chinese delegation to the World Economic Forum Annual Meeting 2022 in Davos has refuted a CNN report on Monday that quoted a US politician as saying they walked out of the room without applauding after a speech by Ukrainian President Volodymyr Zelensky.

The allegation is "totally untrue", according to the Chinese delegation. When Zelensky made the virtual speech on Monday, the delegation was not at the site but in talks with Fatih Birol, executive director of the International Energy Agency, it said. Click here to read...

China ensures healthcare access for all 510m rural residents: China Daily
May 24, 2022

China has expanded medical facilities in rural areas in the past decade to ensure its 509.8 million rural residents have access to basic medical services. By the end of 2021, China had set up 23,000 county-level medical and healthcare institutions, 35,000 township health facilities and 599,000 village clinics across the country, the National Health Commission told a press conference Tuesday. Click here to read...

Wang Yi meets with UN human rights chief in Guangzhou, asks for mutual understanding, clearing misinformation: Global Times
May 24, 2022

Chinese State Councilor and Foreign Minister Wang Yi said he hopes the visit of UN human rights chief Michelle Bachelet to China will strengthen cooperation with the UN in human rights based on mutual respect and equality, and clear up some misinformation about China in the field. Click here to read...

China, US climate envoys meet in Davos amid tensions, signals room for cooperation: Global Times
May 24, 2022

As the Chinese and US climate envoys met in a panel discussion in Davos on Tuesday, Chinese experts said it highlighted the room for cooperation on climate change amid bilateral tensions, while warning that the US' inconsistency in global climate cooperation and tendency to politicize the issue call for vigilance. Click here to read...

Quad mechanism sugarcoats statements to woo regional countries: Global Times
May 24, 2022

On the last day of his Asia trip on Tuesday, when US President Joe Biden attended the Quad summit in Tokyo with leaders from Japan, Australia and India, he vowed "steadfast commitment to a free and open Indo-Pacific that is inclusive and resilient." While analysts said that without mentioning China by name, the mechanism has made China the heart by hyping the country's "threat," and no matter how it has sugarcoated its target to contain China, fewer regional countries will be fooledClick here to read...

China calls for end of geographical confrontation, technological decoupling in UN technology meeting: Global Times
May 24, 2022

China urged governments to stop creating division around the globe, to abandon technological decoupling and to refrain from destructive practices affecting the stability in global supply chain and economic recovery at the United Nations Security Council technology and security briefing on Monday. Click here to read...

Central bank urges stronger loan support to ease downward pressure: Global Times
May 24, 2022

Chinese authorities on Monday held a meeting with 24 major financial institutions to arrange stronger support for the real economy to tackle mounting downward pressure, according to a statement released on Tuesday by the People's Bank of China (PBC), the central bankClick here to read...

Top economic planner, energy companies discuss ways to control coal production cost: Global Times
May 24, 2022

China's National Development and Reform Commission, the government's top economic planner, held a meeting on Tuesday to launch a series of inspections addressing the inflated price of coal production among major coal producers in Inner Mongolia Autonomous Region, Shanxi and Shaanxi Province. Click here to read...

China’s Zhejiang solidly pushes forward construction of common prosperity demonstration zone: People’s Daily
May 24, 2022

East China’s Zhejiang Province has taken vigorous measures to advance the high-quality development of 26 mountainous counties and narrow the development gaps between various areas in the province. Click here to read...

Deepen BRICS cooperation to make stronger force for progress: People’s Daily
May 24, 2022

Chinese President Xi Jinping delivered a video address at the opening session of the BRICS Foreign Ministers’ Meeting on May 19. He profoundly expounded on security and development issues, and offered important opinions on deepening political and security cooperation among BRICS countries, enhancing confidence in and strength for building a community with a shared future for mankind. Click here to read...

Russian and Chinese jets deliver pointed send-off on last day of Biden Asia trip: Reuters
May 25, 2022

Russian and Chinese bombers flew joint patrols near Japanese and South Korea air defense zones on Tuesday in a pointed farewell to U.S. President Joe Biden as he concluded a trip to Asia that rankled Beijing. The patrols came hours after Biden angered China by saying he would be willing to respond militarily to defend Taiwan if it came under Chinese attack, and as he discussed responses to Russia's invasion of Ukraine with leaders of the Quad, which groups the United States with Australia, India and Japan. Click here to read...

China, Russia fly 6 bombers over waters near Japan during Quad summit: Kyodo
May 25, 2022

Six Chinese and Russian strategic bombers conducted a joint flight Tuesday over waters near Japan in what Japan's defense minister believes was a protest against a Quad summit held in Tokyo, prompting Japan's Air Self-Defense Force to scramble fighters in response. China and Russia flew the bombers over the Sea of Japan, the East China Sea and the Pacific from the morning to the afternoon, according to the Japanese Defense Ministry, when Prime Minister Fumio Kishida hosted a meeting with the leaders of the United States, Australia and India. Click here to read...

Solomon Islands says China’s Wang to visit this week: Taipei Times
May 25, 2022

The Chinese foreign minister is to make a “milestone” visit this week, the Solomon Islands government said in a statement on Monday. Chinese Minister of Foreign Affairs Wang Yi’s trip comes at a time of heightened US and Australian concern over China’s intentions in the South Pacific. Click here to read...

China has 33 ways to get economy back on track, but critics say ‘adjusting zero-Covid strategy is key’: South China Morning Post
May 25, 2022

China has unveiled a new round of stimulus measures to stabilise the nation’s faltering economy and support businesses, but analysts say the actual impact may be limited if the nation’s stringent zero-Covid policy remains unchanged. A 33-point package of policy items will help “get the economy back on a normal track” while keeping major economic indicators within an appropriate range”, the official state press agency, Xinhua, reported following Monday’s regular meeting of the State Council, China’s cabinet. The announcement by the State Council, chaired by Premier Li Keqiang, came as many analysts have warned that Beijing will be hard-pressed to achieve its economic growth target of “around 5.5 per cent” for the year while sticking with strict coronavirus-control measures. Click here to read...

China military must be able to destroy Elon Musk’s Starlink satellites if they threaten national security, says scientists: South China Morning Post
May 25, 2022

Chinese military researchers say the country needs to be able to disable or destroy SpaceX’s Starlink satellites if they threaten national security. According to a paper published last month, China needs to develop anti-satellite capabilities, including a surveillance system with unprecedented scale and sensitivity to track and monitor every Starlink satellite. The study was led by Ren Yuanzhen, a researcher with the Beijing Institute of Tracking and Telecommunications under the PLA’s Strategic Support Force. Co-authors included several senior scientists in China’s defence industry. Click here to read...

Chinese, German FMs hold virtual meeting on bilateral ties, multilateralism: Xinhuanet
May 25, 2022

Chinese State Councilor and Foreign Minister Wang Yi and German Foreign Minister Annalena Baerbock held a video meeting on Tuesday, exchanging views on furthering bilateral ties and upholding true multilateralism, among other issues. Click here to read...

Chinese mainland reports 102 new local confirmed COVID-19 cases: Xinhuanet
May 25, 2022

The Chinese mainland on Tuesday reported 102 locally-transmitted confirmed COVID-19 cases, of which 44 were in Shanghai and 41 in Beijing, the National Health Commission said Wednesday. Five other provincial-level regions on the mainland also saw new local COVID-19 cases, including seven in Tianjin and five in Sichuan. Click here to read...

China achieves full village-level medical facilities coverage: Quishi
May 25, 2022

The National Health Commission (NHC) declared on Tuesday that China achieved full medical facilities coverage at the county, township and village levels in 2021. As of the end of 2021, more than 23,000 county-level medical and health institutions, 35,000 township health centers and 599,000 village-level clinics were established, allowing residents to access medical services within 15 minutes, said Zhu Hongming, deputy director of the commission's primary health department. Click here to read...

Beijing speeds up action to control outbreak: China Daily
May 25, 2022

Beijing will accelerate its epidemiological investigations and complete centralized quarantine work swiftly to contain the spread of COVID-19 at the community level, Xu Hejian, spokesman for the city government, said at a news conference on Tuesday afternoon. Click here to read...

Multiple officials in Beijing punished for negligence managing two cluster infections: Global Times
May 25, 2022

The investigation involving two cluster infections in Beijing was released on Tuesday, with punishments imposed on employees from two companies, officials from local governments, and staff from related industrial supervision department and epidemic prevention departments. Click here to read...

Contact Us