Other Briefings
China Industry: Mar. 30
Mar. 30 – This is a regular series of relevant industry news from around China. Solar power Solar Energy Technology Support Center, a new joint venture technology project, has opened doors at the Hong Kong Science Park. The initiative is part of the “Shenzhen-Hong Kong Innovation Circle,” a cooperation agreement between Shenzhen and Hong Kong. […]
Beijing Rejects Local Gov’t Plans to Extend May Holidays
Mar. 27 – Beijing has rejected plans to change the May holidays after the local governments of Guangdong, Liaoning, Xinjiang Uygur Autonomous Region and Hangzhou City, Zhejiang announced an extended week in an effort to boost domestic consumption and tourism. The central government has instructed the local governments to follow the set three day holiday. […]
Guangdong Brings Back May Golden Week Holidays
Mar. 26 – The Guangdong government announced that it would bring back the May Day golden week holiday by advancing the following Saturday and Sunday and adding two days from the resident’s annual paid holiday to the three-day vacation from May 1 to 3. It is the first province to be allowed to change holiday […]
Northeast Asia Regional Forum Concludes in Mongolia, Economic Cooperation Trumpeted
ULAANBAATAR, Mongolia, Mar. 25 – Government ministers and business leaders from Northeast Asia came together with the United Nations Development Program for the 10th meeting of the Greater Tumen Initiative Consultative Commission, held in the Mongolian capital of Ulaanbaatar on March 24 and March 25. The Greater Tumen Initiative is an intergovernmental cooperation mechanism in […]
Xinjiang to Offer First Local Government Bond Sale
Mar. 25 – The Xinjiang Uygur Autonomous Region is set to make history when it offers the first local government bond sale in the country amounting to RMB3 billion. The proceeds of the bond sale will be used to finance the economic stimulus package announced last year and reinforce schools and hospitals against earthquakes, build […]
High-Speed Trains Cut Travel Time to Central China and YRD
Mar. 25 – Two new high-speed railways will slash travel time to Central China and the Yangtze River Delta when they begin operations on April 1. The two new railways are the Hefei-Wuhan passenger railway and the Shijiazhuang-Taiyuan railway that connects the north and the west. A journey from Wuhan to Shanghai will be cut […]
China in Asia: Mar. 25
Mar. 25 – Here is how China has been reported across the region over the past week. Is this the Beginning of the Asian Century? Economists globally seem to think that emerging economies will come out of this crisis sooner and stronger than the developed economies. Large companies in these economies are already buying more […]
Central Bank Governor Proposes SDR as Main Reserve Currency
Mar. 24 – China’s central bank governor has released a proposal calling for the overhaul of the global monetary system and replacing the world’s main reserve currency with the Special Drawing Right (SDR) prior to the start of the G20 meetings in London next week. In his essay published in Chinese and English on the […]
