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The Latest Breaking News from State Council

China Releases Draft Regulations for After-School Tutoring Industry

The first of its kind on a national-level, the draft lays out the regulatory framework for the once booming sector and comes more than two years after a sweeping crackdown was launched

Caixin Global

Ex-Provincial Chief, Once In Charge of China’s Medical Reform, Caught in Corruption Probe

Sun Zhigang, former head of the State Council’s office for medical reform, is suspected of ‘serious violations of discipline and law’

Caixin Global

Dismiss A.P. School Education Principal Secretary Praveen Prakash for ‘harassing’ teachers: UTF

State leaders of the United Teachers’ Federation (UTF) on August 27 demanded the dismissal of Principal Secretary, School Education, Praveen Prakash. In a resolution adopted to this effect at the federation’s State Council meeting held in Ongole in Prakasam district, the leaders accused Mr. Praveen Prakash of subjecting teachers to…

The Hindu

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China Puts Drafting AI Law on National Legislative Agenda

State Council includes item on its 2023 legislative work plan, which was released this week

Caixin Global

China is restructuring key government agencies to outcompete rivals in tech

China is proposing to overhaul its science, technology and finance regulators as part of a stiff competition with rivals while also tamping down risk at home.

WEKU

China Plans to Create Vast New Financial Regulator

The new body will absorb the CBIRC and oversee all parts of the financial industry other than securities, State Council proposal says

Caixin Global

Xi Jinping to tighten Communist party’s grip with overhaul of China’s government at key meeting

The NPC, China’s rubber-stamp parliament, will gather this weekend to approve far-reaching changes, and Xi’s unprecedented third term as president

The Guardian - AU

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China to Fully Reopen Borders with Hong Kong, Macau

China said on Friday it will fully restore travel across its borders with Hong Kong and Macau next week, dropping Covid testing requirements and daily quotas after a lengthy pandemic separation. The semi-autonomous cities have both stuck to Beijing's zero-Covid strategy for nearly three years, splitting families, cutting off tourism…

Asharq Al-Awsat

As climate warms, a China planner advocates "sponge cities"

China is affected by both extreme floods and water shortages, exacerbated by climate change

The Independent UK

CPI elects Kanam as State secretary for third consecutive term

Thiruvananthapuram

The Hindu

Xi Jinping seeks his third term leading the Chinese Communist Party, while Li Keqiang retires after a decade in his shadow

With the 20th Congress of the Chinese Communist Party just around the corner, Xi Jinping is seeking a third term. But the second-most powerful man in China is staring down the barrel of retirement, after a decade in Xi's shadow.

ABC News

Editorial: Why the Original Intent of China’s Anti-Monopoly Law Is So Important

Fair competition is the soul of the market economy and the core of antitrust policies

Caixin Global

Hubei Province, Nanjing Cut Covid Quarantine Time

Centralized quarantine has been halved to seven days plus another seven in self-isolation for those from medium and high-risk areas

Caixin Global

Editorial: What Kind of Fiscal Intervention Does China Need to Stabilize the Economy?

Policymakers should carefully analyze the current economic situation before coming up with a targeted and appropriate policy

Caixin Global

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Asharq Al-Awsat

Libya: Parliament-Appointed PM Hints at Handing Authority to New Premier

Libyan parliament-appointed Prime Minister Fathi Bashagha hinted at the possibility of resigning if the House of Representatives and State Council agreed to choose a third prime minister to solve the power struggle with the head of the interim government of national unity (GNU), Abdul Hamid Dbeibeh. Bashagha received at the…

Reuters

China announces detailed stimulus measures to support virus-hit economy

China's cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement them.

Asharq Al-Awsat

China Premier Issues Warning on Covid-hit Economy

China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites into growth. China is the last major economy welded to a policy of mass testing and rapid lockdowns to eliminate virus clusters, but the strict…

Caixin Global

China’s Premier Puts Greater Emphasis on Growth

Li Keqiang tells State Council China needs to strike a better balance between pandemic control and economic development as Covid measures weigh on GDP

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Caixin Global

Opinion: China-U.S. AI Rivalry Doesn’t Have to Be a Zero-Sum Game

There are many areas where the two countries can work together for mutual benefit, such as fighting climate change and averting terrorist attacks

Financial Times

Can Xi Jinping vanquish Covid without crushing China’s economy?

In a crucial political year, a series of open-ended lockdowns have heaped pressure on struggling businesses

Caixin Global

China’s Cabinet Vows Stronger Policy to Boost Jobs Amid Covid Upsurge

State Council adds to sweeping guidelines issued Monday for bolstering the economy, offering tax and insurance cost relief for micro, small and medium businesses

Caixin Global

Opinion: How to Fine Tune China’s Version of the Individual Retirement Account

The proposed private pension system should encourage more people to participate and be connected with employer-sponsored plans

The Hindu

CPI sees an attempt to lionise CM

CPI(M) hijacked LDF govt anniversary

Caixin Global

China to Add 300 Million Tons of Coal Capacity This Year

State Council vows to bolster energy security as coal is still king and accounts for 60% of China’s electricity generation

Reuters

China trying out reduced quarantine for some groups in eight cities - media

China is trying out reduced quarantine times for overseas arrivals and close contacts of positive cases in eight cities, in a potential easing of some of the world's most stringent pandemic entry controls, financial media outlet Caixin reported.

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