Over 30 talents cultivation bases to be established in Beijing for B&R in 3 yrs -- Over 30 national talents cultivation bases will be established in Beijing for the Belt and Road Initiative in the coming three years, which is expected to attract some 900 graduates, postgraduates and post-doctoral graduates, as well as 1,800 high-level researchers from the countries along the Belt and Road to study in Beijing, Beijing Daily reported on August 28. The Beijing Municipal Education Commission has recently announced that it will join hands with the Beijing Municipal Finance Bureau to establish the first base of this kind in Beijing in a bid to support the top-level talents, specialists on educational management and high-end skilled workers of the countries along the Belt and Road to study in Beijing.
China, ASEAN to hold joint meeting on DOC implementation -- China and the Association of Southeast Asian Nations (ASEAN) will hold the 22nd Joint Working Group meeting on the Implementation of the Declaration on the Conduct of Parties in the South China Sea (DOC) on Aug. 30 in Manila, the Philippines. Chinese Foreign Ministry spokesperson Hua Chunying told a routine press briefing on Tuesday that involved parties will exchange views on implementing the DOC, boosting maritime cooperation as well as consultation on the Code of Conduct (COC) in the South China Sea.
China highlights information sharing in future copyright law enforcement -- China's top legislators on August 28 reviewed a report on the enforcement of the Copyright Law. The report suggests information sharing between law enforcement and justice departments should be strengthened to protect copyrights. The report, compiled by a group of inspectors organized by the Standing Committee of the National People's Congress (NPC), the country's top legislature, advised governments at all levels to establish a nationwide system for copyright registration.
China calls for cooperation on fighting global climate change -- China on August 28 called on all nations to cooperate on tackling global climate change. Chinese State Councilor Yang Jiechi was speaking during a meeting with Patricia Espinosa, United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary.
Revised law aims for better legal support to SMEs -- A draft revision to a law to better protect the interests of small and medium-sized enterprises (SMEs) is one step closer to being passed in China. The draft legislation was submitted for a third reading at the bimonthly session of the National People's Congress (NPC) Standing Committee, which opened on August 28.
China securities regulator supports mixed ownership reform -- China's securities regulator will continue to support the mixed ownership reform of state-owned enterprises (SOEs) within its responsibilities in the future, a spokesperson said Friday.
For such reforms of SOEs involving initial public offerings, refinancing or mergers and acquisitions, the China Securities Regulatory Commission (CSRC) will give full support based on laws and regulations, spokesperson Chang Depeng said at a press conference.
China increases effort to rein in SOE debt -- The Chinese government has stepped up a crackdown on state-owned enterprises (SOE) debt to prevent systemic financial risks infecting the broader economy. A recent State Council meeting agreed the work would be a priority in the ongoing campaign to bring down debt levels of SOEs administered by the central government, amid improving corporate performance.
MOC supports Chinese enterprises joining in Indonesia's off-island economic corridor construction -- China will support Chinese enterprises to participate in the construction of Indonesia's comprehensive off-island economic corridor and at the same time accelerate the negotiation with Indonesia on the renewal of the currency swap agreement, a spokesperson with the Ministry of Commerce (MOC) said on August 24. The two sides have agreed on further deepening integration of China's "21st Century Maritime Silk Road" Initiative with Indonesia's "Global Maritime Fulcrum" strategy so as to pressing ahead with bilateral trade, investment and major project cooperation, MOC spokesman Gao Feng said at a regular press conference.
A single purchase
