Li Qiang Tag

03 Apr Hong Kong pledges to step up expansion of innovation and technology talent pool, bolstering city’s hi-tech hub ambitions

Posted at 10:30h in Asia

He also cited how China’s 14th five-year plan for 2021-25 supports the city’s “development into an international I&T centre”.Some of the prominent speakers and guests at the 2nd Global Innovation & Technology Summit, held at the Hong Kong Science Park in Sha Tin, on April...

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15 Mar China said to fall short of matching US advances in AI owing to ‘many challenges in theory and technologies’

Posted at 11:00h in Asia

China is falling short of matching the United States in artificial intelligence (AI) advances because the nation’s efforts are “littered with many essential challenges in theory and technologies”, according to a recent slide presentation made to Chinese Premier Li Qiang.Those difficulties were pointed out to...

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08 Mar Opinion | Focus on industrial policy holds great promise, and risk, for China’s economy

Posted at 08:30h in Asia

The balance of payments equilibrium suggests that the current account surplus will be close to zero and the overall trade balance will probably show a shrinking surplus. China is still likely to witness large net exports in certain industries, but this will be counterbalanced by...

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07 Mar Opinion | How can China hit its GDP target when it needs to grow just to stand still?

Posted at 12:30h in Asia

Does anyone really believe that China will hit its growth target for this year of “around 5 per cent”? Even Premier Li Qiang, who announced the ambitious goal on Tuesday at the opening session of the annual National People’s Congress, is sceptical, acknowledging that it...

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05 Mar China’s ‘two sessions’ 2024: did premier’s speech move the needle for foreign, private business?

Posted at 11:30h in Asia

Beijing is angling to revive confidence in private entrepreneurs and foreign investors via a renewed campaign for a unified national market and better business environment – an essential task to fulfil its ambitious expansion target of around 5 per cent and ensure economic stability in...

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01 Mar Chinese province invites overseas investors to link up with strategic supply chains

Posted at 02:00h in Asia

China’s eastern economic powerhouse of Jiangsu has become the first province to invite foreign businesses to take part in its strategic industrial chains, part of a national effort to retain and attract foreign investors.But analysts expressed concerns over the strategy’s long-term viability as geopolitical tensions...

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28 Feb Chinese premier meets with US business group in Beijing as part of charm offensive

Posted at 20:24h in Asia

Washington’s “small yard, high fence” approach to restrict economic engagement in certain high tech sectors with China is not in the fundamental interests of either side, Chinese Premier Li Qiang told a US business group in Beijing on Wednesday.The US strategy and any sort of...

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14 Feb China seeks revision of anti-money-laundering law to address risks related to cryptocurrencies and other virtual assets

Posted at 23:00h in Asia

China will soon implement revisions to its outdated Anti-Money-Laundering (AML) Law, in a move that legal experts see as a way to address the growing risks associated with virtual assets.A draft amendment to the existing AML law, which was enacted in 2006 and took effect...

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23 Jan China’s premier Li Qiang orders authorities to attract long-term capital to stabilise stock market

Posted at 01:28h in Asia

China’s premier Li Qiang orders authorities to attract long-term capital to stabilise stock marketChina’s premier Li Qiang ordered authorities to find ways to attract long-term investors into the country’s capital markets, after the stock indices in Shanghai, Shenzhen and Hong Kong plumbed fresh lows.The State...

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