President Trump: Will sign an executive order to fundamentally reform or abolish the Federal Emergency Management Agency (FEMA).
Important news 1. National Development and Reform Commission: Include eligible National IV emission standard fuel vehicles in the scrap renewal subsidy. 2. National Development and Reform Commission: The maximum subsidy for the purchase of air-conditioning products is increased to 3 pieces, and the trade-in subsidy for home appliances is increased to 12 categories. 3. Two departments: Increase the scale of funds for ultra-long-term special government bonds to support equipment renewal in key are...
According to the "Guidelines for National Data infrastructure building" issued by the National Development and Reform Commission, the Data Bureau and MIIT, the document clearly proposes to use blockchain technology, encryption technology and smart contracts to build a trusted data circulation system. The guidelines encourage industries and localities to explore blockchain networks and privacy-preserving computation platforms to enhance Trust and Safety in the process of data circulation, promote...
On January 3, the relevant person in charge of the National Development and Reform Commission said that in 2025, it is necessary to strengthen the implementation of the "two new" policy and give greater support to the "two heavy" projects. The relevant person in charge said that in 2025, more efforts will be made to support the "two heavy" projects. It is necessary to expand the scope of water conservancy support to large and medium-sized irrigation areas and large and medium-sized water diversi...
The National Development and Reform Commission and other departments have issued guidelines on promoting the high-quality development of the data industry, vigorously promoting the coordinated development of cloud-side computing technology, supporting the innovation of cloud-native technology models, and forming computing service capabilities that adapt to data scale aggregation, real-time analysis, and intelligent applications. Strengthen the research and development of new storage technologies...
In its newly released tax reform outline, Japan's Financial Services Agency (FSA) plans to change the status of crypto assets from payment instruments to financial assets. According to the outline, crypto asset transactions will receive the same tax incentives as financial products such as listed stocks, provided that appropriate investor protection mechanisms, disclosure obligations, and compliance requirements are established.
On December 28th, it was learned from people familiar with the matter that Honor has been progressing smoothly since the start of the shareholding system transformation in the fourth quarter of 2024. The share reform has been completed today (December 28, 2024), and the name of Honor end point company has been changed to "Honor end point joint stock company". The person said that this shareholding system transformation involves the change of the company's form and name, which will not affect the...
On December 27th, the responsible comrades of the Low Altitude Economic Development Department of the National Development and Reform Commission recently held a discussion with relevant experts in communications and navigation to exchange views on the construction of a low-altitude intelligent network system.
On December 24th, the National Financial Work Conference was held in Beijing. The meeting called for vigorously promoting scientific financial management, promoting zero-based budget reform, comprehensively deepening the reform of the fiscal and taxation system, effectively preventing and resolving local government debt risks, resolutely holding the bottom line of the "three guarantees" at the grassroots level, increasing financial supervision, improving the efficiency of fiscal governance, and ...
On December 20th, the National Development and Reform Commission and the Ministry of Commerce publicly solicited opinions on the "Catalogue of Industries Encouraging Foreign Investment" (public exposure draft). The catalogue consists of two parts, one is the national catalogue of industries that encourage foreign investment, and the other is the catalogue of industries with advantages for foreign investment in the central and western regions. If the listed industries are clearly classified as re...
Class A shares of Shanghai's state-owned assets reform concept stocks rose the limit, Shanghai Wumao, First Pharmaceutical, Shibei High-tech, Kaikai Industrial, Shanghai 900, creating an international limit.
1. The State Administration of Radio, Film and Television issued another management prompt to standardize the short video of AI "magic change". 2. Zhang Yiming was exposed to make a full bet on AI and personally supervised ByteDance's recruitment of high-end talents. 3. The OpenAI ChatGPT o1 model was exposed to replicate itself and lie. 4. The second day of OpenAI's preaching: the launch of an enhanced fine-tuning research project, which can customize models using multiple high-quality tasks. 5...
The People's Bank of China, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the State Administration of Financial Supervision, the China Securities Supervision Commission, the State Data Administration, and the State Administration of Foreign Exchange have issued the Action Plan for Promoting the High-Quality Development of Digital Finance to create an efficient and safe payment environment. Improve the payment system's emergency response capa...
On November 26th, the opinions of the Guangdong Provincial Committee of the Communist Party of China on implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China to further comprehensively deepen reform and take the lead in promoting the Chinese path to modernization were released, which mentioned that deepening the reform of state-owned assets and state-owned enterprises. Focus on the "three concentrations" and further promote the optimiz...
On November 19, Li Chao, deputy director of the Political Research Office of the National Development and Reform Commission, said at a press conference today that in the next step, the National Development and Reform Commission will continue to collect and notify cases of violations of the negative list of market access as an important task to implement the market access system and break down market access barriers. For local violations of the market access system, we must find them together, re...