01 Jul 2024
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On Saturday, the State Council issued new regulations governing rare earth mining, processing, and distribution.
The new rules will go into effect on October 1.
TL;DR: The final version contained no significant changes compared to the November 2021 draft.
But it did include this ne...
July 3, 2024
On Saturday, the central bank (PBoC) and six other ministries jointly released an action plan to increase financial support for startups. The full text has not yet been released. ICYDK: China’s startup ecosystem is experiencing a funding crunch, with venture… Read More »
July 3, 2024
China’s AI industry needs to coordinate. That's the implication of the plan released on Monday by the industrial ministry (MIIT) to create an AI standards technical committee. The job of the committee will be to determine, formulate, and implement AI… Read More »
July 3, 2024
On Sunday, the Beijing municipal government published draft autonomous driving regulations. Some context: Policymakers are taking driverless vehicles from limited testing to large-scale deployments. In December, the Ministry of Transportation (MoT) published national guidelines to unify pilot efforts. Last month,… Read More »