On February 18th, according to the financial industry, eight departments including the Ministry of Industry and Information Technology issued the "Action Plan for High-Quality Development of New Energy Storage Manufacturing Industry". It proposes to promote the wide application of new-generation information technologies such as blockchain, big data, artificial intelligence, and 5G in the new energy storage manufacturing industry. Speed up the construction of smart factories, encourage the produc...
February 14th news, focusing on the outstanding problems in the development of the logistics industry, breaking down the "information island" and "data chimney", opening up the data of government departments, related enterprises and ports, highways, railways, aviation and other business systems, innovating logistics data interaction models and solutions, creating a number of representative demonstration projects, exploring the establishment of a multi-level logistics data opening and interconnec...
Mr. Waller, the Fed governor, said US regulators should deal directly with the risks of stablecoins, which would benefit from regulation and could expand the global role of the dollar by allowing banks and non-banks to issue them.
According to Jin Ten, the People's Bank of China and other five departments jointly issued the "Opinions on the Pilot Matching of the Financial Sector with International High Standards in the Conditional Pilot Free Trade Zone (Hong Kong) to Promote Institutional Opening". The "Opinions" allow Foreign Financial Institution Groups to carry out new financial services similar to those of Chinese Financial Institution Groups, and make decisions and support applications for Financial Institution Group...
Market news: Israeli government departments have been instructed to prepare to take hostages.
January 7th news, at present, the addition of etomidate, synthetic cannabinoids and other new drugs and alternative substances of "top e-cigarettes" in the youth group abuse intensified, showing a rapid spread trend, serious harm to the people, especially young people's physical and mental health. In order to further strengthen the overall guidance of the "top e-cigarette" crackdown and rectification work, resolutely rectify the electronic cigarette drug-related prohibited substances chaos, stri...
On December 12, the Ministry of Human Resources and Social Security and other five departments issued the "Notice on the Full Implementation of the Individual Pension System". The notice requires optimizing the supply of products, and on the basis of existing financial products such as wealth management products, savings deposits, commercial pension insurance, and public funds, specific pension savings and index funds will be included in the personal pension product catalog. The notice also incr...
On November 24th, according to the official account of "Netcom China" WeChat, since the issuance of policy documents such as "Guiding Opinions on Strengthening the Comprehensive Governance of Internet Information Service Algorithms" (hereinafter referred to as "Guiding Opinions") and "Regulations on the Recommendation and Administration of Algorithms for Internet Information Services", various departments and regions have strengthened their organization and promotion, and website platforms have ...
MIIT and other four departments on the issuance of the national lithium battery industry standard system construction guide (2024 edition) notice.
On November 15th, MIIT and other four departments issued a notice on the construction of the national lithium battery industry standard system (2024 edition). It is mentioned that by 2026, more than 100 new national standards and industry standards will be formulated, the standard system leading the high-quality development of the lithium battery industry will be more complete, and the role of the standard service industry in consolidating its dominant position will continue to increase. More th...
The National Development and Reform Commission and other three departments have issued opinions on promoting the high-quality development of the forage industry.
On November 1st, the Ministry of Commerce, the China Securities Supervision Commission, the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration of Taxation, the State Administration of Market Regulation, and the State Administration of Foreign Exchange revised and issued the "Measures for the Administration of Strategic Investment by Foreign Investors in Listed Companies". The revised "Measures" facilitate foreign investors' strategic inves...
On November 1st, the Ministry of Commerce, the China Securities Supervision Commission, the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration of Taxation, the State Administration of Market Regulation, and the State Administration of Foreign Exchange revised and issued the "Measures for the Administration of Strategic Investment by Foreign Investors in Listed Companies". The revised "Measures" relax the asset requirements of foreign inves...
On November 1st, it was reported that the shareholding ratio and shareholding lock-up period requirements should be appropriately reduced. The original "Measures" stipulated that the proportion of shares of listed companies obtained by foreign investors in the first strategic investment of listed companies should be more than 10%, and the shares obtained shall not be transferred within three years. In this amendment, combined with the securities market regulatory rules, we will abolish the share...
Ministry of Commerce and other six departments: Foreign investors purchasing stocks or depositary receipts of listed companies through QFII/RQFII, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, and Shanghai-London Stock Connect do not need to comply with the provisions of the Measures, but must comply with the requirements of relevant regulatory rules of the securities market.