
More recent developments

Beijing rolls out free preschool education
On Tuesday, the State Council released an implementation plan to roll out free preschool education. Some context: The government introduced this initiative in its March Government Work Report. In late July, the State Council promised to kickstart the program pronto. The details:… Read More »

Beijing pushes financial sector to double down on manufacturing
Beijing wants the financial sector to support China’s industrial transformation. On Tuesday, seven government agencies published guidelines on increasing financial support for “New Industrialization.” ICYDK: “New Industrialization” refers to China’s use of innovation to increase industrial efficiency. The document was… Read More »

State Council approves “AI Plus” initiative to boost industry adoption
What happened: Premier Li Qiang chaired a State Council meeting on July 31, formally approving a high-level guideline on the "AI Plus" initiative. Some context: First announced in the 2024 Government Work Report, the initiative is designed to integrate AI… Read More »