03 Jun 2021
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On Tuesday, Beijing’s finance bureau announced it would give away RMB 40 million in digital yuan (DCEP) to city residents in another beta-test of the DCEP.
Some context: China has been handing out free money left and right to promote the digital yuan since October.
The new trial will bri...
April 24, 2024
Xi Jinping knows the importance of good urban governance. On Monday, Xi kicked off a tour of Chongqing municipality in southwest China. He urged local officials to up their urban governance efforts: He inspected neighborhood renewal projects in an urban… Read More »
April 24, 2024
Xi Jinping has been all about regional development of late. The latest: On Tuesday, the big man chaired a symposium on western regional development in Chongqing municipality in southwestern China. This is the sixth symposium Xi has chaired on regional… Read More »
April 24, 2024
The ag ministry's (MARA) new rural construction project database is off to a solid start. We got a bunch of new details about the initiative at Friday's presser on the rural economy. A quick refresher: Beijing's pandemic-era stimulus efforts hit… Read More »