Policy
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Ant Financial CEO Simon Hu resigns
Hu played an inevitable role in the establishment and development of Alipay and Ant Financial’s businesses.
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MIIT to further strengthen quality supervision of new energy vehicles
It would further strengthen the quality supervision of new energy vehicles, promote integration of technologies such as electrification and intelligent connection of vehicles, and promote its high-quality development
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Shenzhen to build more facilities for new energy vehicles
Shenzhen plans to push five major measures to strive to peak carbon dioxide emissions as soon as possible.
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Shanghai will continue to build global asset management center: official
Shanghai will make every effort to create a world-class financial development environment, further strengthen the function of global resource allocation, and further connect the domestic and international double markets in a strategic way, a local official said.
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China’s revised budget law implementation regulations will come into effect on October 1
Premier Li Keqiang signed the State Council Decree a few days ago to announce the revised Regulations for the Implementation of the Budget Law of the People’s Republic of China, which will come into force on October 1, 2020.
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Hebei to build eight clusters of automobile industrial chains
Recently, the leading group of Hebei Province’s manufacturing industry issued a three-year action plan from 2020 to 2022 to develop the clusters of automobile industrial chain in Hebei, proposing to speed up the pace of product structure adjustment and cluster development, to stabilize the supply chain of the automotive industry, and to build eight industrial chain clusters of the automobile indus
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MofCom to roll out trials of digital Renminbi in more regions
The Ministry of Commerce issued the outline of the plan for comprehensively deepening the innovative development pilot of service trade, proposing to roll out trials of digital Renminbi in the Beijing-Tianjin-Hebei Region, the city cluster of Yangtze River Delta Region, the Guangdong-Hong Kong-Macao Greater Bay Area, and cities in the central and western regions if they meet certain conditions.
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Beijing to introduce more social capital in waste sorting
The revised regulations on the management of living waste of Beijing have been in implementation for over three months. To carry out waste sorting, many communities in Beijing have introduced third-party companies, for these third-party companies can provide a set of more standardized methods.
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Guangxi to promote China-ASEAN blockchain cross-border settlement platform
It proposes to build a pilot demonstration zone for the innovation and development of the blockchain industry in China’s western region, as well as a new highland for the development of the blockchain industry in ASEAN.
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China will ‘unswervingly’ reform and open financial market: central bank chief
China will unswervingly deepen the reform of the financial industry and open up to the outside world, China’s central bank governor Yi Gang said on August 9.