Institute for China Studies

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Interpretation of the Implementation Plan for Further Promoting the Innovation and Development of Service-Oriented Manufacturing (2025–2028)

China’s manufacturing industry is entering a new phase of transformation, marked by the deep integration of advanced manufacturing with modern services. The Implementation Plan for Further Promoting the Innovation and Development of Service-Oriented Manufacturing (2025–2028), jointly issued by seven key ministries and national bodies …

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Key Policy Updates Announced at the 2025 Financial Street Forum

The 2025 Financial Street Forum Annual Conference, held in Beijing on October 27, brought together senior officials from China’s main financial regulatory institutions, the People’s Bank of China (PBOC), the China Securities Regulatory Commission (CSRC), the State Administration of Financial Regulation (SAFR), and the State Administration of Foreign Exchange (SAFE) …

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Introduction to China’s One-Time Entrepreneurship Subsidies

Entrepreneurship continues to play a critical role in stabilizing employment and driving economic growth in China. To support new business owners and reduce financial pressures during the early stages of operations, many local governments across China have introduced one-time entrepreneurship subsidies. These subsidies provide direct financial assistance to qualifying individuals who establish small and micro

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