More recent developments
CBAM not on the COP29 agenda
On November 11, the 29th United Nations Climate Change Conference (COP29) began in Baku, Azerbaijan, with a row over whether to include a discussion of “climate change-related, trade-restrictive unilateral measures” on the official agenda. China – representing the BASIC bloc… Read More »
Central government issues plan to reduce logistics costs
Policymakers want a cheaper and more efficient logistics network. On Tuesday, the transport ministry (MoT) and macro planner (NDRC) issued an action plan aimed at reducing logistics costs and boosting efficiency. Some context: Despite major improvements in recent years, China… Read More »
Workers to get two extra days off in 2025
Workers, rejoice! On Tuesday, the State Council released China’s public holiday schedule for 2025. The highlight: Workers will enjoy two extra days off, one during the Spring Festival break in January and one during the Labor Day holiday in May. All… Read More »