Liu, who turned himself in, stepped down in Janua

ary as chairman of the China Securities Regulatory Commission, a position he kept for three years before being replaced by Yi Huiman. The central commission said in the statement that Liu is cooperating with the probe. hina’s housing regulator has warned four Chinese cities over price rises in the past three months, the Economic Observer reported. Local governments of Foshan, […]

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Top regulator says economy set for growthand

Transformation of traditional industries speeding up, riding wave of high tech The Chinese economy is poised for more vigorous growth after gathering new strength through upgrad es in traditional industries and accelerating the growth of high-tech industries and emerging sectors. The country will further expand market access with a nationally unified, annually released and timely adjusted negative list for m […]

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the middle of this century, digital villages will be compl

pletely built nationwide to advance rural revitalization. To fulfill such targets, the country will accelerate the construction of IT infr astructures in rural areas, upgrading rural internet facilities and information services. More efforts will be made to boost the rural digital economy, with wider use of digital technolo gies in agriculture and the development of e-commerce and various emerging creative […]

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rvices will be provided based on the results of a sur

China will offer customized data services for disaster prevention throug h its Fengyun meteorological satellites for more countries along the Belt and Road, said a senior official of the China Meteorological Administration’s National Satellite Meteorological Center. The services will be provided based on the results of a survey of 81 countries. By the end of April, 22 countries, including Afghanistan, […]

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Separately, on the same day, the US Commerce Department

said it would be adding Huawei and its 70 affiliates to an Entity List, which will ban the compan y from buying parts and components of US companies without prior government approval. Gao Feng, spokesman for the Ministry of Commerce, said at a briefing that the con cept of national security “should not be used as a tool for trade […]

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China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te nsions with the United States have imposed more downward pressure, said economists. More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad emy of Public Finance and Public Policy at the Central University of Finance and […]

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I’m excited about the Asian cuisine festival,” said Li Jingy

n, who came to the main venue of the festival on Thursday with four friends. “We went to Thailand for a vacation last month. The beautiful sunshine and beaches there are enchanting,” the 54-year-old Beijing native said. “Now, we have a second chance to experience its food.” Yang Lin, 26, who described herself as a foodie, also went to t […]

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Quotable quotes from business leaders at 3rd WIC

Praising Tianjin’s efforts and achievements in intelligent sc ience and technology, Liu Chuanzhi, board chairman of Legend Holdings Co Ltd, pred icted the city will make a qualitative leap in two to three years by combining intelligent technologies with manufacturing. Liu, also founder of Chinese computer giant Lenovo, said his company, like Tianjin, considers intelligent technology a new imp etus. […]

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