More recent developments
Consumer goods trade-in program to expand in 2025
On Wednesday, the macro planner (NDRC) announced the expansion of its consumer goods trade-in program. ICYDK: The State Council launched the consumer trade-in program in March to stimulate the consumption of big-ticket items, like autos and home appliances. Central policymakers… Read More »
NDRC issues guidelines for unified national market
On Tuesday, the macro planner (NDRC) issued new guidelines for establishing a unified national market. The guidelines outline measures to safeguard businesses, dismantle trade and investment barriers, and promote fair competition nationwide. Among other measures, the guidelines mandate government agencies… Read More »
Steel veteran Liu Jie appointed new governor of Zhejiang
On December 18, Liu Jie, 55, was appointed as the new governor of Zhejiang province, becoming the youngest governor in China. He succeeded Wang Hao, who was elevated to the position of Zhejiang Party secretary. A bit about Liu: A… Read More »