China: Daily Scan, September 15, 2021

Xi stresses green, low-carbon path for energy industry development: Xinhuanet

September 14, 2021

Xi Jinping, general secretary of the Communist Party of China Central Committee, has stressed efforts to develop the country's energy industry, noting that such development should follow a green and low-carbon path. Xi made the remarks on Monday while visiting a chemical enterprise under the China Energy Investment Corporation in Yulin City, northwest China's Shaanxi Province.
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China sees fewer air trips amid COVID-19 resurgence: Xinhuanet

September 14, 2021

China's civil aviation industry saw a decline in the number of air trips and volume of mail and cargo in August amid a recent resurgence of COVID-19, official data showed Tuesday. About 22.41 million passenger trips were made last month, a decrease of 51.5 percent from a year earlier, the Civil Aviation Administration of China (CAAC) said at a press conference.
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Chinese ambassador urges U.S. to improve bilateral relations, stresses economic, trade cooperation: Xinhuanet

September 14, 2021

Chinese Ambassador to the United States Qin Gang on Monday urged Washington to "make earnest efforts" to improve bilateral ties, stressing the role of economic and trade cooperation as the "ballast and propeller" of China-U.S. relations.
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China raises student loan ceiling: People’s Daily

September 15, 2021

China raised its state loan ceiling for students by 4,000 yuan (around 620.2 U.S. dollars), said the Ministry of Finance Tuesday.Undergraduates can borrow up to 12,000 yuan annually in state loans while graduate students can borrow up to 16,000 yuan annually, Assistant Finance Minister Ou Wenhan told a press briefing. Previous limits were 8,000 yuan and 12,000 yuan, respectively.
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Beijing pushes stricter online content controls, including review by national ‘rumour debunking’ mechanism: South China Morning Post

September 14, 2021

China’s Communist Party and the State Council jointly released a set of guidelines for building “cyberspace civilisation” by urging government bodies to further increase and improve control over online content, amid Beijing’s wider campaign to rein in the country’s internet giants.
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Huawei founder Ren Zhengfei vows to recruit more global talent as firm seeks to overcome US sanctions: South China Morning Post

September 15, 2021

Ren Zhengfei, founder and chief executive of Huawei Technologies Co, says the company needs to recruit more capable people from around the world to help it move forward amid crippling US trade sanctions Ren Zhengfei, founder and chief executive of Huawei Technologies Co, says the company needs to recruit more capable people from around the world to help it move forward amid crippling US trade sanctions.
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China taking the nuclear option in its drive towards carbon neutrality: South China Morning Post

September 15, 2021

China says it is leading the world in nuclear power technologies, and it is expanding the sector as it seeks alternatives for coal-fired power generation and aims to become carbon neutral by 2060. On Sunday, the world’s first high-temperature gas-cooled reactor (HTGR), at Shidaowan nuclear power plant in the eastern province of Shandong, achieved criticality – meaning it had reached the normal operating condition of a reactor.
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Protesters target Chinese property firm: Taipei Times

September 15, 2021

Dozens of people yesterday protested outside the headquarters of Chinese property giant Evergrande Group after the debt-laden firm said that it was under “tremendous pressure” and might not be able to meet its repayments. The Hong Kong-listed developer is sinking under a mountain of liabilities totaling more than US$300 billion after years of borrowing to fund rapid growth.
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China's factory, consumer sectors stumble on COVID-19 disruptions: Reuters

September 15, 2021

China's factory and retail sectors faltered in August with output and sales growth hitting one-year lows as fresh coronavirus outbreaks and supply disruptions threatened the country's impressive economic recovery. Industrial production rose 5.3% in August from a year earlier, narrowing from an increase of 6.4% in July and marking the weakest pace since July 2020, data from the National Bureau of Statistics showed on Wednesday. Output growth missed the 5.8% increase tipped by analysts.
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