15 Jun 2021
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Last Friday, the macro policy planner (NDRC) made a big announcement right before the Dragon Boat Festival holiday.
The big news: Central government subsidies for renewable energy are over. Done. Kaput.
Specifically, beginning this year, there will no longer be any central government subsidies ...
October 22, 2024
Beijing wants to cultivate more STEM talent. On Monday, the general offices of the CPC Central Committee and the State Council issued guidelines on improving the doctoral-level graduate education system to support sci-tech innovation. Some context: China already graduates more… Read More »
October 21, 2024
China and the UK are gunning for a reset in relations. On Friday, top diplomat Wang Yi met with British Foreign Secretary David Lammy in Beijing. Some context: China-UK relations have deteriorated in recent years, driven by Beijing’s restrictions on civil liberties in… Read More »
October 21, 2024
At Friday's State Council executive meeting, Premier Li Qiang announced that the State Council had launched a campaign to curb local governments' use of market-distorting financial incentives. ICYMI: Rumours of a clampdown started circulating a couple of months ago when… Read More »