26 Apr 2024
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On Thursday, the financial regulator (NFRA) released guidelines on developing green insurance to support China’s green and low-carbon transition.
This follows the guidance on increasing financial support for green and low-carbon development, including through green insurance, that several regul...
May 6, 2024
Lawmakers are clamping down on data fraud. On April 26, the legislature (NPCSC) concluded deliberations on draft amendments to the Statistics Law. ICYDK: Adopted in 1983, the Statistics Law was revised in 1996 and again in 2009. The amendments: Clarify… Read More »
May 6, 2024
On April 30, the central bank (PBoC) and the Ministry of Water Resources (MWR) announced financial support for water conservation efforts. The headline: The PBoC will provide RMB 200 billion of preferential loans to fund eligible water conservation projects. Provincial… Read More »
May 6, 2024
On April 30, the Politburo reviewed new guidelines to promote integration of the wealthy Yangtze River Delta (YRD). ICYDK: The YRD refers to Shanghai, Zhejiang, Jiangsu, and Anhui provinces. The region’s GDP surpassed RMB 30 trillion in 2023, accounting for… Read More »