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Policy

US’s Top 10 Public Companies Worth Over Five Times Than China’s Top 10

The top ten U.S. publicly traded companies have a cumulative market capitalization of $12.82 trillion as of December 21, 2021.…

More Signs That China’s Massive Government Guidance Fund Bubble Has Burst

A public disclosure issued by the Shenzhen government two days ago to calm the nerves of Chinese venture capital funds…

China’s Guangzhou City Gives Green Light To Autonomous Vehicle Road Tests

The local government in southern China's Guangzhou city has issued the first batch of licenses earlier this month for autonomous…

China Seeks To Build ‘Responsible AI’ With Newly-Issued Industry Principles

China has issued a series of principles on Monday to regulate the research and application of artificial intelligence (AI), in…

Chinese Regulator Officially Debuts Much-Anticipated Nasdaq-Style High-Tech Board

The China Securities Regulatory Commission (CSRC), the regulator of the securities industry in China, officially launched the much-anticipated Nasdaq-style high-tech…

China Debuts 5G Licenses For Big Three Telecoms, National Radio And TV Operator

China has issued the first batch of 5G commercial use licenses on early Thursday to the country's big three telecom…

Chinese Financial Hub Unveils Guideline To Lift AI Academic Research In Next Three Years

The local government in eastern China's Shanghai city has issued a guideline on Monday, seeking to transfer the global financial…

China Beefs Up Efforts To Boost IIoT By Setting Up Industry Standards In 2020

China is beefing up efforts to boost the development of the industrial internet -- which serves as a key growth…

China Debuts Finalized Rules For Nasdaq-Style New High-Tech Board

China's securities watchdog has finalized regulations for a Nasdaq-style innovation board on late March 1, to create an avenue that…

Hong Kong Stock Exchange Unveils Three-Year Plan To Attract Listings From Asia-Pacific Firms

Hong Kong's stock exchange operator unveiled a three-year strategic plan on Thursday to enhance its position as a venue for…

China Unveils Ambitious Blueprint To Rival Silicon Valley With Its Greater Bay Area

The Chinese government unveiled a blueprint on Monday to turn the Greater Bay Area, a region consisted of Hong Kong,…

China Unveils Detailed Trading Rules For Hi-Tech Board In Shanghai Stock Exchange

The China Securities Regulatory Commission published a draft detailed listing requirements and trading rules yesterday for the new Nasdaq-style technology board…

China Gives Green Light To Draft Plan of Nasdaq-Style Tech Board in Shanghai

A draft plan of China’s hotly anticipated new high-tech board at the Shanghai Stock Exchange (SSE) received nods from the…

HKEX Considers Fewer Days Between IPO Pricing and Trading

The Hong Kong Stock Exchange (HKEX) is considering reform to the current T+5 mechanism by narrowing the time interval between…

China Embraces VC Investments With New Tax Policy For Individual Limited Partners

Chinese venture capitalists are breathing a sigh of relief as Beijing issued a notice on Wednesday on the finalized income…

China Sets Up Freeway For High-Speed Autonomous Driving Test

China has launched a closed highway for self-driving tests in Jiangsu Province, according to a statement from the Traffic Management…

China Updates Tax Incentives For Investment In Technology Start-Ups

China has further broadened the policy allowing a percentage of investments in high-tech start-ups in the country to offset taxable…

China Reiterates Positive Policy To Attract Foreign Direct Investment

China will reduce restrictions on foreign investment after considering difficulties faced by foreign enterprises investing in the country, the commerce…

China Pledges To Grant Temporary 5G Licenses For Commercial Use In 2019

China will issue temporary licenses this year to promote the application and construction of the fifth-generation mobile communication technology --…

China Shortens Market Access Negative List For Foreign Investment To Further Open Up

China has proposed a new nationwide negative list of sectors to further open up the economy for foreign enterprises and…

China Considers Unified Foreign Investment Law To Curb Forced Tech Transfers

China's legislators are considering a new law governing foreign investment that will prohibit local governments from forcing foreign businesses to…

‘Made In China 2025’ Dropped From China’s Priorities Amid Sino-US Trade Tensions

China is potentially easing its high technology industrial development push formulated in the "Made in China 2025" initiative, and shifting…

China To Ease Tax Burden For Venture Capital Firms In The Country

China will lower tax payment for individual partners of Chinese venture capital enterprises for the next five years, to inspire…

China To Boost Adoption Of Electric Vehicles By Improving Charging Facilities

China is seeking to boost the country's adoption of electric vehicles by significantly lifting the charging technology and facilities in…

China Unveils Punishments For IP Theft Amid Trade War Truce With Washington

China unveiled a series of sweeping punishments yesterday that could restrict companies' access to borrowing and state-funding support due to…

China Debuts New Rules On Bank Wealth Management Subsidiaries

The Chinese banking and insurance regulator issued new regulations yesterday on commercial banks' wealth management subsidiaries, allowing funds from products…

China To Tighten Norm On Financial Institutions Deemed As "Too Big To Fall"

Chinese authorities are tightening the rein on the country's systemically important financial institutions (SIFIs) that are "too big to fall"…

US BIS Seeks Public Comment On Export Control Over Emerging Technologies

The Bureau of Industry and Security (BIS) of the US Department of Commerce has called for public comment on criteria…

Guangzhou City, CAS Launch $144M Fund To Invest In Science and Technology Projects In Greater Bay Area

Guangzhou Jinkong Fund, a subsidiary of state-owned Guangzhou Finance Holdings, has launched a new fund with the Chinese Academy of…

China’s Port City Tianjin Names 183 Projects For Funding Under China’s AI Boost Scheme

China's northeastern port city Tianjin, a major port city close to China’s capital Beijing, has named 183 projects related to…

China Unveils First Regulation For Country’s Booming Home-Sharing Industry

China on Thursday unveiled its first regulation for companies operating in the country's booming home-sharing market to self-check in a range…

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