Archives

Hong Kong China

Thu, 20 Oct 2022 11:04:41 +0800
China's lending benchmarks unchanged for 2nd month
China kept its benchmark lending rates unchanged for a second straight month on Thursday, in line with expectations, as authorities held off unleashing more monetary stimulus to avoid stark policy divergence with other major economies. The one-year ...

Wed, 19 Oct 2022 17:52:45 +0800
'Beijing emphasises rule of law'
The rule-of-law system with Chinese characteristics has made progress, an official said at a 20th party congress press conference on Wednesday. During the briefing, Yin Bai, deputy secretary-general of the Commission of Political and Legal Affairs o...

Wed, 19 Oct 2022 15:54:43 +0800
Shanghai island to host 3,250-bed quarantine facility
Shanghai plans to build a 3,250-bed Covid-19 quarantine facility on a small island close to its city centre, as China stands by its zero-Covid controls. The city awarded a 1.38 billion yuan contract to build the centre on Fuxing Island, located in ...

Tue, 18 Oct 2022 16:33:46 +0800
Xi Jinping meets Guangxi delegates in party congress
President and general secretary of the Chinese Communist Party, Xi Jinping, said his work report to the 20th party congress will serve as a political manifesto for the party to unite and lead people of all ethnic groups to uphold and develop socialis...

Tue, 18 Oct 2022 11:17:38 +0800
Mainland adds 795 Covid infections
Mainland authorities have reported an additional 795 Covid-19 cases. According to the National Health Commission, there were 208 locally transmitted and 587 asymptomatic infections on Monday. No deaths were reported. Of the locally transmitted cas...

Mon, 17 Oct 2022 17:40:41 +0800
Beijing delays release of Q3 GDP data
Beijing said on Monday it will delay the release of growth figures for the third quarter along with a host of other economic indicators expected this week. The National Bureau of Statistics announced that the release of the economic data would be "p...

Mon, 17 Oct 2022 17:21:27 +0800
'Overwhelming victory in fight against corruption'
A senior communist party official on Monday said that the momentum of corruption has been firmly curbed thanks to President Xi Jinping’s anti-corruption drive which began a decade ago. Xiao Pei, deputy head of the Central Commission for Disciplin...

Mon, 17 Oct 2022 15:50:26 +0800
Major banks pledge more support for Chinese economy
The nation's six largest state-owned banks have vowed they will enhance support to the slowing economy, in response to President Xi Jinping's call for high-quality economic growth at the opening of the 20th party congress. Industrial and Commercial ...

Mon, 17 Oct 2022 13:45:52 +0800
PBOC rolls over policy loans to maintain liquidity
China's central bank on Monday rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month, reinforcing expectations that conditions will continue to stay loose to help the pandemic-hit economy. The Peo...

Mon, 17 Oct 2022 12:01:32 +0800
'Abundant opportunities ahead for China's economy'
The nation's economy will see more opportunities than challenges in the future, officials said on Monday in the first press conference for the Communist Party of China’s 20th National Congress. It comes after President Xi Jinping said China is pur...

Sun, 16 Oct 2022 17:08:25 +0800
Beijing will seek to lift China's birth rate
The mainland will enact policies to boost its birth rate, President Xi Jinping said on Sunday, as policymakers worry that a decline in China's population could hurt the world's second-biggest economy. "We will establish a policy system to boost birt...

Sun, 16 Oct 2022 12:03:54 +0800
Xi stresses high-quality economic development
Xi Jinping said China will pursue high-quality economic development in a speech marking the start of the 20th Communist Party Congress. "We must fully and faithfully apply the new development philosophy on all fronts, continue reforms to develop the...

Sun, 16 Oct 2022 10:53:02 +0800
President Xi says order restored in HK
Xi Jinping said on Sunday that Hong Kong returned to stability thanks to efforts by the central government, such as the implementation of the policy of patriots governing the city. The president and party general secretary made the remarks in a spee...

Sun, 16 Oct 2022 10:31:52 +0800
Xi Jinping hails party achievements as congress opens
President Xi Jinping, who's also the head of the Chinese Communist Party, on Sunday called on all party members to help build a modern socialist China as the 20th party congress got under way in Beijing. In a report at the opening session of the con...

Sun, 16 Oct 2022 09:31:17 +0800
Mainland reports just over a thousand Covid cases
The mainland reported 1,026 new Covid-19 infections for October 15, of which 244 were symptomatic and 782 were asymptomatic, the National Health Commission said on Sunday. That compared with 1,364 new cases a day earlier - 361 symptomatic and 1,003 ...

Sat, 15 Oct 2022 18:55:11 +0800
Congress spokesman touts China's zero-Covid strategy
A spokesperson for the Communist Party congress said on Saturday that China's approach to the Covid-19 pandemic has been the right one and the most cost-effective, with the twice-in-a-decade political conclave set to commence under strict anti-epidem...

Fri, 14 Oct 2022 11:44:50 +0800
China's CPI rises at fastest pace since Apr 2020
China's consumer prices in September rose at the fastest pace since April 2020, fuelled by soaring pork prices and as extreme weather hit farmers. Consumers on the mainland have been largely spared the impact of a global surge in food and energy cos...

Fri, 14 Oct 2022 11:05:51 +0800
Xi set to be endorsed for 3rd term at CPC Congress
The nation's ruling Communist Party will open its national congress on Sunday during which President Xi Jinping is expected to be given a renewed mandate. The roughly week-long congress will take place with around 2,300 delegates, mostly behind clos...

Thu, 13 Oct 2022 16:11:14 +0800
'Zero-Covid policy has proven effective'
Beijing’s dynamic zero Covid-19 policy has proven to be effective, feasible and scientific in the past three years, senior health advisor Liang Wannian told a news conference on Thursday, ahead of a Communist Party congress. Liang explained that m...

Wed, 12 Oct 2022 19:33:36 +0800
20th Communist Party Congress to open on Sunday
The ruling Communist Party has wrapped up the seventh plenary session of its 19th Central Committee, setting the stage for the 20th party congress which is due to start on Sunday. The four-day plenary session took place between October 9-12 in Beiji...



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