State Council

The 24-point guidelines for attracting foreign investment: China's new recipe for boosting economy

Retrieved on: 
Friday, August 25, 2023
CPC, Politburo, COVID-19, R, Foreign direct investment, Multilateralism, FDI, Environment, Central committee, State Council, Financial services

China's State Council has recently issued a statement outlining its guidelines regarding ramping up efforts to attract foreign investments.

Key Points: 
  • China's State Council has recently issued a statement outlining its guidelines regarding ramping up efforts to attract foreign investments.
  • It is "unprecedentedly steadfast" because most measures listed in the document are groundbreaking compared to those in the past.
  • But this time, the statement points out that qualified foreign investors are encouraged to set up investment companies and regional headquarters.
  • The issuance of policies related to spurring foreign investment in China embodies the determination of the Chinese government to open up further to the world.

The 14th China-Northeast Asia Expo Is Making Every Effort to Build a New Highland for Opening Up and Cooperation

Retrieved on: 
Wednesday, August 23, 2023
New Development Bank, China Council for the Promotion of International Trade, National Development and Reform Commission, Belt and Road Initiative, Australia-China Council, Friends, Agriculture, Ministry of Commerce (China), Business, Government, Jilin Provincial Museum, Ministry, Development, State Council, Forestry, Korea, Commerce, Car, Fortune Global 500, Executive Committee, City, Belt, Executive Committee of the Communist International, International trade, Conference, Video game, Film industry, Chicago News Cooperative

This year's Northeast Asia Expo is aimed at creating a new highland for opening up and cooperation in Northeast Asia, injecting new momentum into the "Belt and Road" initiative and the revitalization of Northeast China.

Key Points: 
  • This year's Northeast Asia Expo is aimed at creating a new highland for opening up and cooperation in Northeast Asia, injecting new momentum into the "Belt and Road" initiative and the revitalization of Northeast China.
  • The six countries of Northeast Asia jointly participate in and carry out economic and trade cooperation, high-level dialogue, and cultural exchanges globally.
  • It has played an important role in promoting trade and economic cooperation in Northeast Asia and promoting regional economic development.
  • Lv Haiqiang, Deputy Director of the Executive Committee of the Northeast Asia Expo, and Deputy Secretary General of the Jilin Provincial Government, indicated that this Northeast Asia Expo has 8 exhibition halls, including the Northeast Asia Commodity Hall and the International Commodity Hall.

EHang Unmanned Aircraft Cloud System Approved by the CAAC; EH216-S Positioned for Post-TC Commercial Operations

Retrieved on: 
Monday, August 21, 2023
Aircraft, Cloud, Partnership, Central China, Urban Air Mobility, Civil Aviation Administration of China, UACS, Unmanned aerial vehicle, CAAC, AAV, EHang, Certification, City, UAM, State Council, Rail transport

With the UACS trial operations approved, EHang, as the world’s first manufacturer and operator of passenger-carrying unmanned vehicle system, further solidifies a vital foundation for commercial operations post the certification of EH216-S. Additionally, the approval of the UACS trial operations serves as a significant safeguard for large-scale operational safety and management.

Key Points: 
  • With the UACS trial operations approved, EHang, as the world’s first manufacturer and operator of passenger-carrying unmanned vehicle system, further solidifies a vital foundation for commercial operations post the certification of EH216-S. Additionally, the approval of the UACS trial operations serves as a significant safeguard for large-scale operational safety and management.
  • In the increasingly widespread application of unmanned aircraft in the field of low-altitude economy, UACS technology has become an important safeguard for secure and efficient operations.
  • In the commercial operations of EH216-S after obtaining its type certificate, EHang's UACS will also become a crucial component.
  • From unmanned aerial vehicle system to the UACS, as well as operating teams and service platforms, EHang has made comprehensive and sufficient preparation for the upcoming commercial operations after years of planning.

Friendship Diary: Chinese city hosts Russia-Zibo conference

Retrieved on: 
Monday, August 14, 2023
China Council for the Promotion of International Trade, Food, Tourism, Shandong Peninsula, Coal, Republic, Commerce, Conference, State Council, International trade, Airline, Cryptocurrency, Buryatia

The conference witnessed the signing of a strategic cooperation framework agreement between the export support center of Buryatia and the China Council for the Promotion of International Trade Zibo Committee.

Key Points: 
  • The conference witnessed the signing of a strategic cooperation framework agreement between the export support center of Buryatia and the China Council for the Promotion of International Trade Zibo Committee.
  • The Russian delegation to the conference – made up of representatives from international trade and energy companies in Buryatia – held in-depth talks with key figures from Zibo's business community.
  • The conference covered a wide range of topics – including timber, big international transport logistics, coal, pharmaceuticals, food and tourism.
  • Zibo, approved as a Shandong Peninsula economy opening zone city by China's State Council, holds local legislative power and covers 5,938 square kilometers.

Nantong High-tech Zone to lure more projects in key sectors

Retrieved on: 
Friday, August 11, 2023
Acceleration, Ministry of Science and Technology (China), Industrialisation, Incubator, Ministry of Commerce and Industry (India), Policy, Central China, IC, Intelligence, Research, Orientation, Ministry, GDP, Car, Yangtze Delta, City, Growth, State Council, Commerce, Retail, Science

By 2022, Nantong's GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities.

Key Points: 
  • By 2022, Nantong's GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities.
  • Nantong High-tech Zone was established in 1992 and was upgraded to the only national-level high-tech zone in Nantong in 2013, approved by the State Council.
  • Nantong High-tech Zone focuses on industrial development, with a clear industrial orientation and three distinctive industry layouts - main, emerging, and smart industry.
  • Nantong High-tech Zone currently has multiple national-level incubators and mass innovation spaces, with various incubators and accelerators covering over one million square meters.

Global and China Solid State Battery Industry Report 2023: Semi-solid State Battery has Come Out, is All-solid State Battery Still Far Away? - ResearchAndMarkets.com

Retrieved on: 
Friday, August 4, 2023
Automotive, Automotive Manufacturing, General Automotive, EV, Electric Vehicles, Technology, Batteries, Manufacturing, Lithium, Ganfeng Lithium, Solid, Kilowatt-hour, General Office of the State Council, Research, Battery, Growth, Qingdao, Oxide, R, Energy density, Kunshan, State Council, Electric battery

The "Global and China Solid State Battery Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Solid State Battery Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Solid state battery research: semi-solid state battery has come out, is all-solid state battery still far away?
  • 2.4.4 Growth in Global Automotive Power Battery Installations, 2023Q1
    2.4.5 China's Automotive Power Battery Production and Installations, Jan.-Apr.
  • 2023
    3 Chinese Solid State Battery Manufacturers: Comparison: List of Energy Density of Chinese (Semi-) Solid State Battery Manufacturers

China Life Insurance Company Limited Change of President

Retrieved on: 
Friday, August 4, 2023
Faculty, China Life Insurance Company, Institute and Faculty of Actuaries, Chinese Communist Party Committee Secretary, Central University, FIA, Shanghai Jiao Tong University, Central China, Government Actuary's Department, Supervisory board, Central University of Finance and Economics, Economics, Strategy, FCAA, SSE, Asset, Liability, EMBA, Tsinghua University, Financial regulation, Responsibility, NYSE, LFC, State Council, National government, Management

BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.

Key Points: 
  • BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.
  • The Company would like to express its gratitude to Mr. Zhao Peng for his contribution to the Company during his tenure of service.
  • The Company further announced that at the twenty-seventh meeting of the seventh session of the Board of the Company held on August 4, 2023, Mr. Li Mingguang has been appointed as the President of the Company and his qualification as the President of the Company is subject to the approval of the National Administration of Financial Regulation.
  • He was the Chief Actuary of China Life Pension Company Limited and a Director of China Life Asset Management Company Limited.

Fosun International Receives 11 Awards Including Most Honored Company 2023 from Institutional Investor

Retrieved on: 
Monday, June 26, 2023
Social responsibility, State-owned Assets Supervision and Administration Commission of the State Council, Educational Strategy for Developing Societies, Communication, State, IR, Mainland China, Education, SASAC, Culture, All-China Federation of Industry and Commerce, Central China, BlackRock, University of the Chinese Academy of Sciences, Social science, J.P. Morgan & Co., Research, Attention, CICC, CFOS, Economics, GF Securities, State Council, Small, Club Med, FTG, Biophysical environment, UBS, Growth, Jewellery, ESG, Health, ACFIC, Official Secrets Act 1989, CASS, Institutional Investor, Commerce, Cryptocurrency, Management, Fosun International, Social

Hong Kong, June 25, 2023 /PRNewswire/ -- Institutional Investor, an international authoritative financial media published the results of the 2023 Asia Executive Team survey on 21 June.

Key Points: 
  • Hong Kong, June 25, 2023 /PRNewswire/ -- Institutional Investor, an international authoritative financial media published the results of the 2023 Asia Executive Team survey on 21 June.
  • Fosun International (stock code: 00656.HK) received 11 awards including Most Honored Company for its outstanding industry leadership and remarkable achievements in investor relations, which was a significant improvement compared to last year.
  • On 8 June 2023, the 2023 Fosun International Investor Open Day was held in Shanghai.
  • The IR team of Fosun International has maintained frequent and high-quality communication with domestic and foreign investors for a long time.

Open Nansha Promotes a Higher Level of Global Connections: The First Anniversary of Guangzhou Nansha in Collaboration with Hong Kong and Macao to Promote the Construction of the Greater Bay Area

Retrieved on: 
Thursday, June 15, 2023
Laem Chabang, Intellectual property, Friends, GBA, Central China, Fruit, S105 Nansha Port Expressway, State Council, Development, NDRC, Durian, Water, Guangdong–Hong Kong–Macao Greater Bay Area, Coffee, Conference, Commerce, Warehouse

This is Jointek Global, a global fine food complex located in Nansha, Guangzhou, with a total construction area of 350,000 square meters.

Key Points: 
  • This is Jointek Global, a global fine food complex located in Nansha, Guangzhou, with a total construction area of 350,000 square meters.
  • In the first five months of this year, more than 5,700 units of durian have made it to the domestic market through Nansha Port.
  • With the country's largest port-side cold storage warehouse in use, Nansha Port has become the largest durian import port on the mainland.
  • China-Europe Railway Express and Central Asia Railway Express also depart from Nansha Port South Railway Station, reaching Kazakhstan and other countries.

Xinhua Silk Road: E. China's Shanghai explores innovative paths to build international consumption center city

Retrieved on: 
Friday, June 9, 2023
L'Oréal, Industrialisation, Marketing, Development Research Center of the State Council, Central China, Sciences Po, Political science, City, Xuhui District, ACG, Environment, Conference, State Council

BEIJING, June 9, 2023 /PRNewswire/ -- The 2023 Shanghai Consumption Market Innovation Conference was held on Wednesday in east China's Shanghai, providing a platform for exploring innovative paths to craft the metropolis into an international consumption center city.

Key Points: 
  • BEIJING, June 9, 2023 /PRNewswire/ -- The 2023 Shanghai Consumption Market Innovation Conference was held on Wednesday in east China's Shanghai, providing a platform for exploring innovative paths to craft the metropolis into an international consumption center city.
  • A report on development of international consumption center cities compiled by China Economic Information Service was released during the event.
  • According to the report, Shanghai, Beijing and some other Chinese cities have become benchmarks of global consumption center cities by speeding up improving consumption base, optimizing consumption environment and developing new business formats.
  • Besides the conference, the fourth annual Double Five Shopping Festival was also launched by Shanghai to boost consumption.