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The aerial view of Hailongtun Fortress in southwest China’s Guizhou Province.
On July 4, it was inscribed in the World Heritage List together with Laosicheng in Hunan Province and Tangya in Hubei Province as Tusi sites, the remains of an ancient political system adopted by Chinese emperors to govern ethnic minority regions in south-central and southwest China.
Cybersecurity Law
China’s top legislature released a draft cybersecurity law and began soliciting public opinion.
The National People’s Congress(NPC) said the full text has been available on its website since July 6, and the public can express their views or submit proposals until August 5.
The proposed legislation will“safeguard cyberspace sovereignty and national security,” according to the draft. It was submitted to lawmakers for its first reading at the bimonthly session of the NPC Standing Committee, which ran from June 24 to July 1.
The 68-article draft law suggests mechanisms to guarantee the safety, operation and information of Internet products, services and network data.
State Council departments related to cybersecurity will establish monitoring, warning and reporting systems. An emergency response mechanism will also be set up, according to the draft.
Smoking Ban Effective
Thanks to steady media coverage and public participation, the smoking ban Beijing introduced in June has been deemed “satisfactory,” a Beijing official said on July 8.
Beijing rolled out a blanket smoking ban on June 1 covering all indoor public places, workplaces and public transportation, the strictest of its kind in China.
Individual smokers caught violating the ban can be fined up to 200 yuan($32.21), while businesses can be fined up to 10,000 yuan ($1,613) if they fail to discourage smoking on their premises.
Over 15,000 people were mobilized to inspect government institutions, hospitals, schools, hotels, restaurants and other public venues. Around 23 percent of these venues failed the inspections. Fines totalling 93,800 yuan($15,129) were issued, including 89,000 yuan ($14,355) on institutions and establishments and 4,800 yuan ($774) on smokers.
Beijing has about 4.19 million smokers but only some 1,000 law enforcement personnel assigned to police the anti-smoking ban.
Jobs for Disabled
Each Chinese county will have at least one institution offering employment to the mentally challenged and heavily disabled people by 2020, the China Disabled Persons Federation (CDPF) said on July 8. These employment assistance institutions are considered social welfare and will help disabled groups find jobs, according to the plan.
These non-profit institutions will provide flexibility to workers in terms of working schedules, intensity, remuneration and contracts.
The programs will be integrated into government procured services for disabled groups, the plan said. The institutions will enjoy favorable policies ranging from financial support, venues and facilities to social insurance for employees.
By 2017, each city district should have one such institution, the plan said.
China has about 7.3 million people of working age with mental, intellectual and severe physical disabilities, accounting for 23 percent of the total population of the working-age disabled groups, and their employment rate is much lower than other disabled groups, the CDPF said.
It Takes a Village
The College to Village campaign, which employs college graduates as civil servants in underdeveloped areas, has revitalized the rural economy and created employment opportunities, according to a report released at a forum on July 3 in Nanchang, capital of Jiangxi Province.
The College to Village campaign was launched in 2008 to encourage graduates to change the appearance of villages and help farmers live good lives.
Over the past eight years, 23,000 graduates have assisted in the establishment of 17,000 ventures or projects and 4,293 cooperatives, creating 220,000 jobs.
By the end of 2014, of the campaign’s 180,000 participants, 77,000 had sat on village committees, the core governing body of village-level governments.
By the end of 2014, 18,000 forme grassroots civil servants had become self-employed, 136,000 had gone on to other jobs, and 2,300 had gone on to further their education.
Academic Publications
Chinese science publications were the fourth most cited globally between 2004 to 2014, according to statistics released on July 8.
Data released by the Chinese Academy of Science and Technology for Development showed the country’s publications were among the most referenced by scholars and other academics.
In the past decade, China had more than 12,000 highly cited papers, coming after Germany, with 14,000 papers, in the third place. The United States and Britain ranked the first and second on the list, with 62,000 and 16,000 papers respectively.
The new data also showed China is slowly working its way toward the top when it comes to innovation index rank- ings. In 2013, China ranked 19th on the index measuring innovation capability, in the middle of the 40 major ranked countries. HK Drill
The Hong Kong Garrison of the Chinese People’s Liberation Army(PLA) holds a military drill in the Hong Kong Special Administrative Region on July 4.
The PLA Hong Kong Garrison started a live-fire exercise in Hong Kong suburb, the first of its kind since 1997 that local residents have been invited to observe.
Over 500 people from all walks of life observed the Hong Kong Defender-2015C exercise, which was part of the garrison’s plan during this summer following two exercises in May and June, respectively.
Riding on Grassland
Genghis Khan Mountain Bike Adventure kicks off in Inner Mongolia Autonomous Region on July 3.
Fresher Air
In the first six months of 2015, Beijing’s air quality improved significantly, registering fewer air pollutants and more clear days, according to the municipal environment protection bureau on July 7. Concentration of PM2.5, airborne particles measuring less than 2.5 microns, which are small enough to enter the bloodstream, dropped to 77.7 micrograms per cubic meter, down 15.2 percent year on year.
The density of sulfur dioxide, nitrogen dioxide and PM10 dropped 41.3, 14.5, and 12.7 percent, respectively.
The city has seen 88 days of sound air quality, nine days more than the same period last year. Air pollution was registered on 16 days, a decrease of nine days compared with the first half of 2014.
Last year, Beijing reduced coal consumption by 2.8 million tons. In March, two coal power plants were shut down, 200,000 vehicles and more than 300 polluting factories will be phased out this year.
CPI and PPI Data
Growth in China’s consumer price index(CPI), a main gauge of inflation, edged up to 1.4 percent in June, slightly above market forecasts of 1.3 percent and a 1.2-percent rise in May, respectively.
On a monthly basis, consumer prices in June remained unchanged, compared with a dip of 0.2 percent posted in May, the National Bureau of Statistics (NBS) said on July 9.
NBS statistician Yu Qiumei attributed the pick-up to a lower comparative base from last June and higher prices of food, including vegetables and pork.
For the first half of the year, CPI edged up 1.3 percent year on year. The Chinese Government aims to keep its consumer inflation at around 3 percent in 2015.
The producer price index (PPI), which measures wholesale inflation, continued to fall in China in June, a sign of prolonged weakness of demand, the NBS said. The PPI slid 4.8 percent in June on a yearly basis, the 40th straight month of decline and widening from the 4.6-percent drop seen a month earlier. “This showed industrial demand is worsening, and China continues to face prominent deflationary risks,” said Qu Hongbin, chief China economist at HSBC.
Month on month, producer prices in June went down 0.4 percent.
Fundraising Progress
China’s homegrown taxi-hailing service Didi Kuaidi announced on July 8 it has raised $2 billion in the latest funding round from June 22 to July 6, boosting its cash reserves to above $3.5 billion. In addition to existing stakeholders such as Alibaba, Tencent, Temasek and Coatue Management, several globally renowned investors as well as China’s Capital International Private Equity Fund and Ping An Ventures have participated in the fundraising, the company said in a statement.
Didi Kuaidi previously planned to raise as much as $1.5 billion. It later raised the financing target due to strong demand from existing and new investors, according to company sources.
Competition in China’s ride-hailing market is growing as the U.S. company Uber Technologies Inc. recently started formal fundraising specifically for its China operation, UberChina.
Didi Kuaidi is trying to broaden its offering to Chinese riders by expanding its premium car services and carpool offerings from its previous focus on the taxi market.
The company’s private car services now fulfill 3 million daily rides in 80 cities, with an 80-percent share of the market. It also holds 90 percent of the taxi-hailing market, equivalent to 3 million daily rides, according to data from Analysys International.
Aluminum Ride
Visitors observe an all-aluminum car at the Aluminum China 2015 show in Shanghai on July 8.
The three-day expo attracted more than 500 companies from 30 countries and regions to demonstrate aluminum-related materials, products and machinery.
RMB Clearing Bank
On July 8, China’s central bank authorized the Bank of China (BOC) to serve as the clearing bank for the renminbi(RMB) business in South Africa. The move expands the list of countries with direct access to trade in the Chinese currency yuan.
The authorization came after the People’s Bank of China (PBC), the central bank, signed a memorandum of understanding (MOU) with its South African counterpart, the South African Reserve Bank (SARB), on July 7 to set up a yuan clearing system in the African country.
The yuan clearing business will be carried out by the Johannesburg branch of BOC. The BOC is China’s third largest commercial bank by market value, according to a PBC statement. “Both central banks agreed to coordinate and cooperate on the supervision, oversight and clearing of renminbi in South Africa and also to exchange information in order to facilitate the continuous improvement and development of bilateral trade,” said Candice Jeffreys, Media Coordinator of the SARB.
The MOU marks another important
milestone through joint efforts to build capabilities in South Africa’s financial markets to better serve bilateral trade, investment and financial flows between China and South Africa, Jeffreys said.
China is now South Africa’s largest export partner.
Investment Fund
A fund that mobilizes insurance company money to support infrastructure development was approved by the State Council, China’s cabinet, on July 3. The China insurance investment fund, worth about 300 billion yuan($49 billion), will support strategic projects such as substandard housing renovations, municipal infrastructure improvement, water conservation projects and construction of traffic facilities in central and west China.
It will also invest in projects associated with the China-proposed Silk Road Economic Belt and the 21st-Century Maritime Silk Road. The building of the belt and road aims to revive the ancient trade route between Asia and Europe. Their routes pass through over 60 countries and regions, with a total population of 4.4 billion.
Other recipients of the fund’s investment include emerging industries, modern logistics, healthcare, information technology, environmental protection and small and medium-sized enterprises.
Attraction Zones
China’s newly established free trade zones (FTZs) in Tianjin and Guangdong and Fujian provinces have shown promise in attracting overseas investment, the Ministry of Commerce (MOFCOM) said on July 7.
By the end of May, the three zones had received a combined 22.6 billion yuan ($3.64 billion) in contracted overseas investment, MOFCOM spokesman Shen Danyang said at a press conference.
The Guangdong FTZ absorbed 7.8 billion yuan ($1.26 billion); the Tianjin FTZ, 11.7 billion yuan ($1.87 billion); and the Fujian FTZ, 3.2 billion yuan ($0.51 billion), accounting for 45.3 percent, 69.4 percent and 53.6 percent of the total in their respective regions, Shen said.
The three FTZs were set up in April, 18 months after the country’s first FTA was established in Shanghai as part of the government’s efforts to pilot reform policies and better integrate the Chinese economy with international practices. Some of the new rules and regulations, launched for trials in the FTZs, promised easier access to both foreign and domestic investment, further opening up of the service sector and easing restrictions on the financial sector.
Lucrative Leaves
Workers dry up white tea at a farm in Fuding, south China’s Fujian Province, on July 6.
Dubbed “the hometown of white tea” in China, Fuding’s tea farms cover a combined area of 14,000 hectares, with 400,000 people employed in the business. Tea plantations have become a major source of income for local residents.
BYD Success
Chinese automaker BYD won its biggest order of 719 cars in Cuba, said the company on July 6.
The contract, the biggest since the company entered the Cuban market in 2014, include BYD’s gasoline vehicle models such as L3, S6, G6, M6 and Surui, according to the company’s website.
Those cars will be used for car rental services, as Cuba’s tourism industry expects more overseas tourists in the coming years, especially those from the United States, after the two countries announced in late June that they would reopen embassies on each other’s soil after 54 years of enmity.
“We welcome more Chinese brands like BYD to provide Cuban people with trustworthy products. We also welcome more Chinese friends to travel here,” said Cuban Foreign Trade and Investment Minister Rodrigo Malmierca Diaz.
BYD entered Cuba in 2014 with the first order of 40 passenger vehicles and was listed on the Cuban Government’s procurement catalog in the same year, according to the company.
On July 4, it was inscribed in the World Heritage List together with Laosicheng in Hunan Province and Tangya in Hubei Province as Tusi sites, the remains of an ancient political system adopted by Chinese emperors to govern ethnic minority regions in south-central and southwest China.
Cybersecurity Law
China’s top legislature released a draft cybersecurity law and began soliciting public opinion.
The National People’s Congress(NPC) said the full text has been available on its website since July 6, and the public can express their views or submit proposals until August 5.
The proposed legislation will“safeguard cyberspace sovereignty and national security,” according to the draft. It was submitted to lawmakers for its first reading at the bimonthly session of the NPC Standing Committee, which ran from June 24 to July 1.
The 68-article draft law suggests mechanisms to guarantee the safety, operation and information of Internet products, services and network data.
State Council departments related to cybersecurity will establish monitoring, warning and reporting systems. An emergency response mechanism will also be set up, according to the draft.
Smoking Ban Effective
Thanks to steady media coverage and public participation, the smoking ban Beijing introduced in June has been deemed “satisfactory,” a Beijing official said on July 8.
Beijing rolled out a blanket smoking ban on June 1 covering all indoor public places, workplaces and public transportation, the strictest of its kind in China.
Individual smokers caught violating the ban can be fined up to 200 yuan($32.21), while businesses can be fined up to 10,000 yuan ($1,613) if they fail to discourage smoking on their premises.
Over 15,000 people were mobilized to inspect government institutions, hospitals, schools, hotels, restaurants and other public venues. Around 23 percent of these venues failed the inspections. Fines totalling 93,800 yuan($15,129) were issued, including 89,000 yuan ($14,355) on institutions and establishments and 4,800 yuan ($774) on smokers.
Beijing has about 4.19 million smokers but only some 1,000 law enforcement personnel assigned to police the anti-smoking ban.
Jobs for Disabled
Each Chinese county will have at least one institution offering employment to the mentally challenged and heavily disabled people by 2020, the China Disabled Persons Federation (CDPF) said on July 8. These employment assistance institutions are considered social welfare and will help disabled groups find jobs, according to the plan.
These non-profit institutions will provide flexibility to workers in terms of working schedules, intensity, remuneration and contracts.
The programs will be integrated into government procured services for disabled groups, the plan said. The institutions will enjoy favorable policies ranging from financial support, venues and facilities to social insurance for employees.
By 2017, each city district should have one such institution, the plan said.
China has about 7.3 million people of working age with mental, intellectual and severe physical disabilities, accounting for 23 percent of the total population of the working-age disabled groups, and their employment rate is much lower than other disabled groups, the CDPF said.
It Takes a Village
The College to Village campaign, which employs college graduates as civil servants in underdeveloped areas, has revitalized the rural economy and created employment opportunities, according to a report released at a forum on July 3 in Nanchang, capital of Jiangxi Province.
The College to Village campaign was launched in 2008 to encourage graduates to change the appearance of villages and help farmers live good lives.
Over the past eight years, 23,000 graduates have assisted in the establishment of 17,000 ventures or projects and 4,293 cooperatives, creating 220,000 jobs.
By the end of 2014, of the campaign’s 180,000 participants, 77,000 had sat on village committees, the core governing body of village-level governments.
By the end of 2014, 18,000 forme grassroots civil servants had become self-employed, 136,000 had gone on to other jobs, and 2,300 had gone on to further their education.
Academic Publications
Chinese science publications were the fourth most cited globally between 2004 to 2014, according to statistics released on July 8.
Data released by the Chinese Academy of Science and Technology for Development showed the country’s publications were among the most referenced by scholars and other academics.
In the past decade, China had more than 12,000 highly cited papers, coming after Germany, with 14,000 papers, in the third place. The United States and Britain ranked the first and second on the list, with 62,000 and 16,000 papers respectively.
The new data also showed China is slowly working its way toward the top when it comes to innovation index rank- ings. In 2013, China ranked 19th on the index measuring innovation capability, in the middle of the 40 major ranked countries. HK Drill
The Hong Kong Garrison of the Chinese People’s Liberation Army(PLA) holds a military drill in the Hong Kong Special Administrative Region on July 4.
The PLA Hong Kong Garrison started a live-fire exercise in Hong Kong suburb, the first of its kind since 1997 that local residents have been invited to observe.
Over 500 people from all walks of life observed the Hong Kong Defender-2015C exercise, which was part of the garrison’s plan during this summer following two exercises in May and June, respectively.
Riding on Grassland
Genghis Khan Mountain Bike Adventure kicks off in Inner Mongolia Autonomous Region on July 3.
Fresher Air
In the first six months of 2015, Beijing’s air quality improved significantly, registering fewer air pollutants and more clear days, according to the municipal environment protection bureau on July 7. Concentration of PM2.5, airborne particles measuring less than 2.5 microns, which are small enough to enter the bloodstream, dropped to 77.7 micrograms per cubic meter, down 15.2 percent year on year.
The density of sulfur dioxide, nitrogen dioxide and PM10 dropped 41.3, 14.5, and 12.7 percent, respectively.
The city has seen 88 days of sound air quality, nine days more than the same period last year. Air pollution was registered on 16 days, a decrease of nine days compared with the first half of 2014.
Last year, Beijing reduced coal consumption by 2.8 million tons. In March, two coal power plants were shut down, 200,000 vehicles and more than 300 polluting factories will be phased out this year.
CPI and PPI Data
Growth in China’s consumer price index(CPI), a main gauge of inflation, edged up to 1.4 percent in June, slightly above market forecasts of 1.3 percent and a 1.2-percent rise in May, respectively.
On a monthly basis, consumer prices in June remained unchanged, compared with a dip of 0.2 percent posted in May, the National Bureau of Statistics (NBS) said on July 9.
NBS statistician Yu Qiumei attributed the pick-up to a lower comparative base from last June and higher prices of food, including vegetables and pork.
For the first half of the year, CPI edged up 1.3 percent year on year. The Chinese Government aims to keep its consumer inflation at around 3 percent in 2015.
The producer price index (PPI), which measures wholesale inflation, continued to fall in China in June, a sign of prolonged weakness of demand, the NBS said. The PPI slid 4.8 percent in June on a yearly basis, the 40th straight month of decline and widening from the 4.6-percent drop seen a month earlier. “This showed industrial demand is worsening, and China continues to face prominent deflationary risks,” said Qu Hongbin, chief China economist at HSBC.
Month on month, producer prices in June went down 0.4 percent.
Fundraising Progress
China’s homegrown taxi-hailing service Didi Kuaidi announced on July 8 it has raised $2 billion in the latest funding round from June 22 to July 6, boosting its cash reserves to above $3.5 billion. In addition to existing stakeholders such as Alibaba, Tencent, Temasek and Coatue Management, several globally renowned investors as well as China’s Capital International Private Equity Fund and Ping An Ventures have participated in the fundraising, the company said in a statement.
Didi Kuaidi previously planned to raise as much as $1.5 billion. It later raised the financing target due to strong demand from existing and new investors, according to company sources.
Competition in China’s ride-hailing market is growing as the U.S. company Uber Technologies Inc. recently started formal fundraising specifically for its China operation, UberChina.
Didi Kuaidi is trying to broaden its offering to Chinese riders by expanding its premium car services and carpool offerings from its previous focus on the taxi market.
The company’s private car services now fulfill 3 million daily rides in 80 cities, with an 80-percent share of the market. It also holds 90 percent of the taxi-hailing market, equivalent to 3 million daily rides, according to data from Analysys International.
Aluminum Ride
Visitors observe an all-aluminum car at the Aluminum China 2015 show in Shanghai on July 8.
The three-day expo attracted more than 500 companies from 30 countries and regions to demonstrate aluminum-related materials, products and machinery.
RMB Clearing Bank
On July 8, China’s central bank authorized the Bank of China (BOC) to serve as the clearing bank for the renminbi(RMB) business in South Africa. The move expands the list of countries with direct access to trade in the Chinese currency yuan.
The authorization came after the People’s Bank of China (PBC), the central bank, signed a memorandum of understanding (MOU) with its South African counterpart, the South African Reserve Bank (SARB), on July 7 to set up a yuan clearing system in the African country.
The yuan clearing business will be carried out by the Johannesburg branch of BOC. The BOC is China’s third largest commercial bank by market value, according to a PBC statement. “Both central banks agreed to coordinate and cooperate on the supervision, oversight and clearing of renminbi in South Africa and also to exchange information in order to facilitate the continuous improvement and development of bilateral trade,” said Candice Jeffreys, Media Coordinator of the SARB.
The MOU marks another important
milestone through joint efforts to build capabilities in South Africa’s financial markets to better serve bilateral trade, investment and financial flows between China and South Africa, Jeffreys said.
China is now South Africa’s largest export partner.
Investment Fund
A fund that mobilizes insurance company money to support infrastructure development was approved by the State Council, China’s cabinet, on July 3. The China insurance investment fund, worth about 300 billion yuan($49 billion), will support strategic projects such as substandard housing renovations, municipal infrastructure improvement, water conservation projects and construction of traffic facilities in central and west China.
It will also invest in projects associated with the China-proposed Silk Road Economic Belt and the 21st-Century Maritime Silk Road. The building of the belt and road aims to revive the ancient trade route between Asia and Europe. Their routes pass through over 60 countries and regions, with a total population of 4.4 billion.
Other recipients of the fund’s investment include emerging industries, modern logistics, healthcare, information technology, environmental protection and small and medium-sized enterprises.
Attraction Zones
China’s newly established free trade zones (FTZs) in Tianjin and Guangdong and Fujian provinces have shown promise in attracting overseas investment, the Ministry of Commerce (MOFCOM) said on July 7.
By the end of May, the three zones had received a combined 22.6 billion yuan ($3.64 billion) in contracted overseas investment, MOFCOM spokesman Shen Danyang said at a press conference.
The Guangdong FTZ absorbed 7.8 billion yuan ($1.26 billion); the Tianjin FTZ, 11.7 billion yuan ($1.87 billion); and the Fujian FTZ, 3.2 billion yuan ($0.51 billion), accounting for 45.3 percent, 69.4 percent and 53.6 percent of the total in their respective regions, Shen said.
The three FTZs were set up in April, 18 months after the country’s first FTA was established in Shanghai as part of the government’s efforts to pilot reform policies and better integrate the Chinese economy with international practices. Some of the new rules and regulations, launched for trials in the FTZs, promised easier access to both foreign and domestic investment, further opening up of the service sector and easing restrictions on the financial sector.
Lucrative Leaves
Workers dry up white tea at a farm in Fuding, south China’s Fujian Province, on July 6.
Dubbed “the hometown of white tea” in China, Fuding’s tea farms cover a combined area of 14,000 hectares, with 400,000 people employed in the business. Tea plantations have become a major source of income for local residents.
BYD Success
Chinese automaker BYD won its biggest order of 719 cars in Cuba, said the company on July 6.
The contract, the biggest since the company entered the Cuban market in 2014, include BYD’s gasoline vehicle models such as L3, S6, G6, M6 and Surui, according to the company’s website.
Those cars will be used for car rental services, as Cuba’s tourism industry expects more overseas tourists in the coming years, especially those from the United States, after the two countries announced in late June that they would reopen embassies on each other’s soil after 54 years of enmity.
“We welcome more Chinese brands like BYD to provide Cuban people with trustworthy products. We also welcome more Chinese friends to travel here,” said Cuban Foreign Trade and Investment Minister Rodrigo Malmierca Diaz.
BYD entered Cuba in 2014 with the first order of 40 passenger vehicles and was listed on the Cuban Government’s procurement catalog in the same year, according to the company.