NDRC to further release private investment stimulus policies -- China’s top economic planner announced recently that the fixed assets investment will still be its work emphasis next year, Shanghai Securities News reported on September 19. According to the National Development and Reform Commission (NDRC), it will continue to release private investment stimulus policies, promote the sustainable development of private investment by further implementing private investment support policies, optimizing private investment environment and advancing PPP projects.
China moves to shut down cryptocurrency exchanges -- Chinese regulators are taking steps to shut down the country's cryptocurrency exchanges and ban trading of digital cryptocurrency to rein in financial risks. All Beijing-based cryptocurrency exchanges had to halt new user registration by midnight on Sept. 15 and publicly notify users when they formally close, according to a policy document issued by local regulators this week.
China launches campaign to protect IPRs of foreign companies -- The Chinese government has begun a campaign to protect the intellectual property rights (IPR) of foreign companies. The campaign will focus on malicious trademark registration and imitation of foreign brands, the Ministry of Commerce said Monday, citing a joint action plan by 12 government departments.
China to better protect cultural relics -- The State Council on September 20 issued a guideline to better protect cultural relics in China. As spiritual and cultural symbols of Chinese civilization, cultural relics serve as an embodiment of national memory, thus protecting cultural relics is protecting the county's history, according to the guideline.
China, Russia agree to expand energy cooperation -- Chinese Vice Premier Zhang Gaoli and his Russian counterpart Arkady Dvorkovich September 20 agreed to expand energy cooperation between the two countries. Zhang and Dvorkovich made the remarks when co-chairing the 14th annual meeting of the China-Russia Energy Cooperation Committee.
China to work on in-flight electronic device policies -- Chinese aviation authorities will allow air carriers to assess the influence of portable electronic devices and develop corresponding management policies, a senior aviation official said here Sept. 18. Zhu Tao, an official with the Civil Aviation Administration of China, disclosed the decision when speaking of the latest revision on operation certification rules for civil air carriers with large planes at a press conference.
China to further open financial, new energy vehicle sectors to foreign investment -- China will further open industries including the financial and new energy vehicle sectors to foreign investment in the second half of this year, the country's top economic planner said Sept.15. Meng Wei, spokesperson with the National Development and Reform Commission (NDRC), revealed the decision when commenting on China's business environment and recent foreign investment trend at a press conference, without giving further details.
China makes breakthrough in anti-corrosion coating -- China has achieved a major breakthrough in heavy-duty anti-corrosion coating by using modified graphene, according to the Chinese Academy of Sciences (CAS). The results were achieved by scientists led by researcher Wang Liping and academician Xue Qunji through years of research and development.
Beijing issues standards for shared bike technology, services, parking -- Beijing authorities have stipulated specific standards for shared bike technology, services and parking. According to rules issued by the local government, shared bikes should be installed with satellite positioning devices. Smart terminals should be installed to collect information about the location, use time, and lock status of bikes. Electronic maps should be provided on user APP to show parking lots and areas where parking and riding are prohibited.
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