TOPIC

National Development and Reform Commission

National Development and Reform Commission
The latest news, analysis and opinion on National Development and Reform Commission. In-depth analysis, industry insights and expert opinion.
A humanoid robot dispenses medicine at a mock pharmacy at Beijing World of Robots on April 17. Pharmaceutical sales is one of the areas in which restrictions have been relaxed in China’s latest market access negative list. Photo: EPA-EFE
China’s private sector

Explainer | How does Beijing’s new market access negative list help private firms?

NDRC reduces number of areas in which restrictions apply from 117 to 106.

China economy

Opinion | China will rein in vicious competition at the root of its overcapacity

videocam
5
Apple

Apple’s pricey iPhones ineligible under China’s new subsidy scheme

7
China's economic recovery

Olive branch from Beijing to private firms: more access to national projects

Move part of efforts to reverse prolonged downturn in business sentiment among private enterprises.

videocam
Researchers work in a laboratory at Ocean University of China in Qingdao, Shandong province, this month. Photo: Xinhua
China's economic recovery

China’s space for fiscal stimulus could be limited amid debt woes: analysts

For maximum effect, observers say, a fiscal expansion to boost China’s economy will need to come soon if it is to come at all.

videocam
China's economic recovery

China sets upbeat tone after meetings despite lack of supercharged stimulus

Growth and positive momentum top China’s economic agenda after closely watched conference, premier’s meeting with entrepreneurs.

videocam
4
Advertisement
Advertisement
Advertisement
Social media

My Take | China’s stock-market frenzy reflects social media’s growing sway over investors

The current investor euphoria has been aroused by the proliferation of upbeat short-video posts on Chinese social media.

What is unfolding could well be the nation’s first bull run in the era of ubiquitous short-video sharing in Chinese social media. Photo: Bloomberg
Banking & finance

China’s NDRC urges firms to use Hong Kong for financing needs

Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.

E-commerce

JD.com pledges US$900 million for appliances, consumer goods trade-in programme

About 20 million consumers on the mainland are expected to take part in the nationwide trade-in programme via JD.com’s platform.

videocam
China economy

Opinion | China must rely on rule of law to spur growth in nation’s private sector economy

The Chinese leadership’s advocacy for measures to support and spur growth in the private sector economy intensified in 2023, but the protection of private firms’ assets and rights remain a concern.

videocam
Beijing’s push to protect the legitimate interests of entrepreneurs and private business should be hailed as a positive change, compared with the situation a few years ago. Image: Shutterstock
Communist Party politics

Why China’s new data agency shows ambitions to develop digital economy and AI

The National Data Administration debuts as Beijing seeks to outpace the US and other Western rivals in setting norms and standards for data governance and artificial intelligence.

videocam
Illustration: Henry Wong
China technology

China’s Big Tech firms in expansion mode after Beijing’s positive policy shift

The reinvigorated state of the tech sector is reflected in the recruitment efforts of several large firms, including Alibaba, ByteDance and Meituan.

Science

‘Forging ahead’: China boosts its Project GW satellite rival to Starlink

China’s satellites likely to be placed in orbits lower than US counterparts ‘to minimise collision risks and maintain safe distances’, expert writes in CPPCC Daily

videocam
48
China technology

China’s Politburo signals fresh support for country’s Big Tech companies

The Hang Seng Tech Index, representing the 30 largest technology firms listed in Hong Kong, surged 6 per cent on Tuesday in response to the pro-growth message of China’s highest policymaking body.

videocam
15
The strong endorsement from China’s Politburo Standing Committee, the country’s highest policymaking body, underscores Beijing’s resolve to enable Big Tech companies to resume their growth trajectory. Image: Shutterstock
Two Sessions 2023

China’s National Data Bureau to help streamline regulation of digital economy

Having one regulator oversee key aspects of data governance in China is expected to benefit both local and international businesses.

videocam
China’s proposed National Data Bureau will be responsible for regulating the country’s digital economy and implementing a national big data strategy, including infrastructure. Photo: Shutterstock
E-commerce

Chinese online shopping surges on back of Lunar New Year holiday demand

Sales of nianhuo, Lunar New Year specialities, rose 30 per cent year on year on Alibaba shopping platforms Tmall and Taobao during the period from January 1 to 16.

Commodities

China to crack down on iron ore price gouging as market rallies

China’s top economic planner will tighten supervision of iron ore pricing after the steelmaking ingredient’s surge in recent months.

Advertisement
Advertisement
Advertisement
China technology

China’s data market development to help achieve ‘common prosperity’

China’s data trading initiative is expected to bring new opportunities that will allow people to share the benefits of the country’s digital economy.

4
Data exchanges have already been launched in major cities across China. Photo: Shutterstock
Shenzhen

Shenzhen creates new international trading exchange for chips, electronics

Shenzhen’s Electronic Components and Integrated Circuits International Trading Centre, based in the city’s Qianhai economic zone, has an initial capitalisation of US$304 million.

11
Cybersecurity

China imposes national security review on data deals involving foreign capital

The review requirement reflects Beijing’s efforts to tighten cross-border data flows and safeguard what it considers as sensitive information.

videocam
China GDP

China touts ‘significant’ GDP rebound, despite gloomy forecasts

China’s economic performance has been ‘outstanding’ from a global point of view and growth ‘rebounded significantly’ in the third quarter, says the nation’s top economic planning agency.

videocam
86
Most analysts expect China to fall short of its 2022 growth target of “around 5.5 per cent” this year. Photo: Xinhua
Autonomous vehicles

China gives green light for autonomous public transport services

Autonomous buses will be allowed to operate in closed routes, while self-driving taxis would run on roads with controlled traffic conditions, according to the transport ministry’s draft guidelines.

videocam
Passengers get off a Level 4 autonomous driving bus developed by Baidu on April 16, 2021 in Chongqing, southwest China. Photo: VCG via Getty Images
Energy diplomacy

China in ‘critical stage’ for energy security as Ukraine war ramps up risks

China’s 14th five-year plan for energy stresses independence and import diversification, but cooperation with Russia is tipped to grow following international isolation over its invasion of Ukraine.

videocam
Renewable energy

China sets green hydrogen targets as part of zero emissions push

China aims to establish a complete hydrogen industry covering transport, energy storage and industry, and raise the portion of the gas in its energy mix by 2035, according to plans released on Wednesday.

videocam
Two Sessions 2022

China’s blueprint for national computing network takes the spotlight at political gathering

Delegates at the ‘two sessions’ political gathering have made various suggestions as to how China should build the mega network.

The fifth session of the 13th National people’s Congress (NPC) will hold its opening meeting on March 5 at the Great Hall of the People in Beijing. Photo: Xinhua
Business of climate change

China to cut costs of energy storage systems to leapfrog the world

Energy storage is a key part of the Chinese government strategy to decarbonise the energy system and put the world’s second-largest economy on the path to achieve carbon neutrality by 2060

7
Solar panels arranged to resemble the likeness of a giant panda at the Datong Panda Power Plant in northern China’s Shanxi province on 25 July 2017. Photo: EPA
Meituan

Meituan, Ele.me, other on-demand delivery firms face dim prospects amid Beijing scrutiny

Beijing’s directive for on-demand delivery providers to cut the fees they charge restaurants has a put a cap on their profit margins, analysts say.

Semiconductors

China to build global sourcing platform for semiconductors in Shenzhen

The strategy is expected to advance China’s hi-tech self-sufficiency drive amid a race between Beijing and Washington to overcome the global chip shortage.

videocam
4
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement