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China’s Develops Strategic Roadmap for Developing Future Industries

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China’s Develops Strategic Roadmap for Developing Future Industries China’s 15th Five-Year Plan positions future industries as a core driver of long-term economic competitiveness. The plan identifies specific technology domains of quantum technology, biomanufacturing, hydrogen and fusion energy, brain–computer interfaces, embodied intelligence and 6G communications as the next wave of industrial growth. The emphasis is on […]

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China Aims to Aligning Workforce Development with Emerging Industries in Its 15th Five-Year Plan

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China Aims to Aligning Workforce Development with Emerging Industries in Its 15th Five-Year Plan The 15th Five-Year Plan emphasizes the strategic integration of industry development and employment growth. By actively fostering new occupations and emerging roles, the plan seeks to align workforce capabilities with the evolving industrial landscape. The objective is to stabilize and expand

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Advancing Capital Account Liberalization Under China’s 15th Five-Year Plan

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Advancing Capital Account Liberalization Under China’s 15th Five-Year Plan The 15th Five-Year Plan places renewed emphasis on expanding high-level opening up, with a specific focus on raising the level of capital account liberalization. This policy direction reflects China’s intention to align financial openness with the of global economic integration. As the scale and complexity of

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Expanding Green Trade: China’s 16 New Measures to Drive Low-Carbon Growth

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Expanding Green Trade: China’s 16 New Measures to Drive Low-Carbon Growth China has announced a new policy package aimed at accelerating the country’s transition toward greener, low-carbon foreign trade. The Ministry of Commerce recently issued the Implementation Opinions on Expanding Green Trade, introducing 16 targeted measures designed to address current gaps in green development capabilities,

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Advancing High-Quality Employment and Social Security Reform in China

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Advancing High-Quality Employment and Social Security Reform in China As China advances its long-term development agenda, improving people’s livelihood remains central to its modernization strategy. The Proposal of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan sets clear priorities, emphasizing high-quality and full employment, enhancement of the social

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China Issues New Guidelines for Bidding Activities

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China Issues New Guidelines for Bidding Activities China has taken another step toward improving the transparency, efficiency, and fairness of its bidding and tendering market. On 12 November 2025, the National Development and Reform Commission (NDRC), together with seven other ministries, released the Guidelines for the Performance of the Main Responsibility of the Tenderer. This

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Strengthening Private Investment: China’s Policy Directions and Implementation Outlook

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Strengthening Private Investment: China’s Policy Directions and Implementation Outlook Private investment remains a core driver of China’s economic activity, reflecting the health of growth, employment, and market expectations. Recent fluctuations, partly driven by shifts in the global environment and adjustments in the domestic real estate market, have slowed overall private investment. However, underlying momentum remains

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China Introduces New “Domestic Product Standards” for Government Procurement

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China Introduces New “Domestic Product Standards” for Government Procurement Beginning January 1 next year, China will implement a unified national standard defining “domestic products” within the field of government procurement. This marks a significant step toward strengthening regulatory clarity, improving procurement efficiency, and ensuring that government purchasing activities reflect national policy priorities. The new framework,

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China Implements New SAFE Measures to Facilitate Cross-Border Trade

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China Implements New SAFE Measures to Facilitate Cross-Border Trade The State Administration of Foreign Exchange (SAFE) has introduced a new package of nine facilitation measures aimed at reducing friction in cross-border transactions and strengthening the development of China’s foreign trade sector. Announced at the 2025 Financial Street Forum in Beijing, these policies span three major

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