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R&D of 6G, other future tech to get high priority
China will "fully" promote the research and development of 6G as well as other cutting-edge technologies — including humanoid robots, the metaverse and quantum technology — this year so as to better support the construction of a modern industrial system, the top industry regulator said on Wednesday.
March 2, 2023 -
China increases expenditure to improve people's wellbeing
China increased expenditure in key areas regarding people's wellbeing in 2022, and worked to ensure that public services are inclusive, meet essential needs, and improve basic living standards for people in difficulty, an official said Wednesday.
March 2, 2023 -
China sure of preempting fiscal risks
China is capable of preempting systemic fiscal risks, Minister of Finance Liu Kun said on Wednesday.
March 2, 2023 -
China pledges stronger fiscal policies for high-quality development
China will continue to improve its proactive fiscal policies, boost consumption and investment, and help businesses further to support high-quality development this year, officials from the Ministry of Finance said on Wednesday.
March 2, 2023 -
China's tax and fee cuts, refunds, deferrals top 4.2 trillion yuan in 2022
China's tax refunds, and tax and fee cuts and deferrals, exceeded 4.2 trillion yuan (US$608.7 billion) in 2022, including a record 2.46 trillion-yuan worth of value-added tax (VAT) credit refunds. The tax and fee policies have helped to ease the burdens and difficulties of market entities, an official said Wednesday.
March 1, 2023 -
Suggestions, proposals lead to range of concrete steps
Central government agencies handled tens of thousands of suggestions and proposals made by national legislators and political advisers over the course of last year, which led to measures being taken on issues such as overpriced COVID-19 medication, food security and technological innovation, officials said on Tuesday.
March 1, 2023 -
China's top market regulator handles 832 suggestions, proposals in 2022
China's top market watchdog handled a total of 832 suggestions and proposals from deputies to the National People's Congress (NPC) and members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) in 2022, official data showed on Tuesday.
March 1, 2023 -
Chinese customs offices see substantial results in facilitating cross-border trade
Chinese customs offices have achieved substantial progress in promoting cross-border trade facilitation in recent years, an official said on Tuesday.
March 1, 2023 -
China committed to inclusive, mutually beneficial sci-tech cooperation
Committed to opening up, inclusiveness, and mutual benefit in international sci-tech cooperation, China has established sci-tech partnerships with over 160 countries and regions worldwide, the minister of science and technology said at a press conference Friday.
February 27, 2023 -
China sees ninefold increase in number of high-tech firms over past dedade
High-tech enterprises have made greater contributions to China's innovation-driven development over the past decade, with their number growing from 39,000 in 2012 to 400,000 in 2022, according to a press conference Friday.
February 24, 2023 -
China to strengthen international sci-tech cooperation
China will continue to strengthen opening-up and cooperation in science and technology, and push for progress in bilateral and multilateral inter-governmental sci-tech cooperation for mutual benefit, according to the Ministry of Science and Technology on Friday.
February 24, 2023 -
China invests nearly US$28.3B in basic research in 2022
China invested about 195.1 billion yuan (about 28.3 billion U.S. dollars) in basic research in 2022, accounting for 6.3 percent of the total R&D spending, the Minister of Science and Technology said on Friday.
February 24, 2023 -
Fixed-asset investment in transportation hits record high in 2022
China's fixed-asset investment in the transportation sector hit a record high of 3.8 trillion yuan (US$550 billion) in 2022, a year-on-year increase of 6%, according to a press conference Thursday.
February 24, 2023 -
SASAC charts higher growth target for SOEs
Centrally administered State-owned enterprises will strive to achieve a profit growth target higher than the national GDP this year and realize better results, said the country's top State assets regulator.
February 24, 2023 -
China's SOEs improve competitiveness to stabilize economy
China's state-owned enterprises (SOEs), the country's economic backbone, have made significant progress in the past decade, with historic breakthroughs achieved in key areas to boost economic development.
February 24, 2023 -
Investment in transport assets will continue
China will continue to invest in fixed transportation assets this year to contribute to economic development, the transport minister said on Thursday.
February 24, 2023 -
China expands transport network to boost development
China has made notable achievements in improving its transport infrastructure network and transport services over the past five years, and will advance the construction of a comprehensive transport system in the future, the Ministry of Transport said on Thursday.
February 24, 2023 -
China to facilitate smooth flow of logistics further
China will strengthen measures ensuring the smooth flow of logistics to stabilize industrial and supply chains, the Ministry of Transport said on Thursday.
February 24, 2023 -
China's central SOEs pursue green, low-carbon industrial development
China's centrally administrated state-owned enterprises (SOEs) have vigorously pursued green and low-carbon industrial development in recent years, with their comprehensive energy consumption per 10,000 yuan of GDP falling by about 33% from 2012 to 2021.
February 23, 2023 -
China's central SOEs invest 1 trillion yuan in R&D in 2022
China's centrally administered state-owned enterprises (SOEs) have made significant contributions to building China into an innovation powerhouse. Their R&D spending topped 1 trillion yuan (US$ 145.2 billion) for the first time in 2022.
February 23, 2023