Two Sessions 2020 >>Top news

China to further crack down on manipulation of financial market

China has strengthened the effort to crack down on manipulation of financial markets in an effort to prevent and resolve financial risks, according to China's top Chief Justice.
Source: Global Times | 2020/5/25 23:27:38

NPC deputies recommend blockchain technology acceleration

Deputies to the National People's Congress (NPC) put forward suggestion to promote the use of blockchain technology, from experimental use of the cryptocurrency in the Yangtze River Delta to upgrading the country's traditional manufacturing industry.
Source: Global Times | 2020/5/25 20:37:24

China to 'firmly' retaliate against possible US sanctions over national security law: FM spokesperson

China said on Monday that it would take “all necessary measures” to firmly counter and retaliate against the US' threatened sanctions over a national security law for the Hong Kong Special Administrative Region (HKSAR), lambasting the US for blatant interference in China's internal affairs.
Source: Global Times | 2020/5/25 17:47:01

More plans to boost financial sector cooperation within Greater Bay Area

Financial cooperation across the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) will deepen this year, as deputies of the 13th National People's Congress (NPC) suggested exploring a futures exchange and free cross-border capital flows within the area.
Source: Global Times | 2020/5/24 21:16:51

COVID-19 vaccine developer proposes building national biosafety science and industry innovation center

Top Chinese infectious disease expert Chen Wei, whose team developed a COVID-19 vaccine that recently showed promising early results as published on The Lancet, called for building of a national biosafety science and industry innovation center to promote biosafety development and to benefit the public.
Source: Global Times | 2020/5/24 13:04:40

Hubei political advisor proposes new FTZ to recover

Coming from Wuhan, capital of Central China's Hubei Province which was the hardest-hit place by the coronavirus outbreak in China and having been deeply feeling the impact of the global health crisis, Hu Zhongjun, a political advisor, brought a proposal to this year's two sessions, in which he suggests that the country establish a "new" pilot free trade zone in Hubei to help the province recover from the epidemic.
Source: Global Times | 2020/5/22 21:33:40

China raises opening-up level to foreign investment amid challenges

China will raise the opening-up policy level and stabilize foreign trade amid rising challenges, according to a government work report submitted to the national legislature for deliberation on Friday.
Source: Global Times | 2020/5/22 20:08:40

Post-epidemic recovery scheme to accelerate Wuhan revival

Wuhan, Central China's Hubei Province, the worst-affected city by COVID-19 outbreak, is mulling over a slew of latest measures to accelerate its revival, as the city gradually returns to normalcy.
Source: Global Times | 2020/5/22 15:48:40

China aims to create 9 million jobs in 2020, keep CPI at 3.5%

China is planning to create 9 million jobs in 2020, the lowest since 2014, as the country seeks to control rising unemployment, which is essential to social stability, amid serious pressure from the #COVID19 pandemic, the Government Work Report said on Friday.
Source: Global Times | 2020/5/22 9:34:56

China's defense budget stays moderate and restrained: NPC spokesperson

China pursues defensive policies and the defense budget is moderate and restrained in regards to the total amount of the budget, per capita spending and the rate of GDP, Zhang Yesui, spokesperson for the 13th National People's Congress (NPC) told a press conference on Thursday.
Source: Global Times | 2020/5/22 0:42:32