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In this week's episode of China Insider, Miles Yu discusses the accelerating trend of financial flight, and whether the CCP can stem the flow of China's wealthy elite from leaving the country. Next, Miles reviews Japan's Liberal Democratic Party leadership election, the upcoming election for Prime Minister, and China's response to the current slate of candidates and desired outcomes. Finally, Miles comments on the recent purge of Liu Jianchao from China's International Department, and Xi Jinping's efforts to concentrate the CCP's foreign affairs and diplomatic dialogue under a more centralized authority. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu provides a summary of Xi Jinping's recent trip to Xinjiang to commemorate the seventieth anniversary of the region's founding, and the significance of this visit in contrast to Beijing's ongoing persecution of the Uyghur people. Next, Miles unpacks the latest developments within the CCP's influence operations and misinformation campaigns against Taiwan that aim to provoke instability and conflict between the DPP led executive and KMT controlled Legislative Yuan. Finally, Miles reviews President Trump's recent statements at the UN General Assembly regarding the Russian invasion of Ukraine, and what this could mean for China and their perceived role in the conflict. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
Miles sits down with Dr. Steven Quay, Senior Fellow at Hudson Institute as well as the Founder and CEO of Atossa Therapeutics, Inc., to discuss the evolving landscape of emerging technology and AI-enabled biological warfare operations. With the increased potential for integrated dual-use technology in hybridized warfare tactics, the international community must develop counterstrategies to prevent the proliferation of biothreats and biological weapons, and adequately prepare for future military and public health crises. The conversation pulls from the lessons learned during the COVID-19 pandemic, provides an assessment of the current capabilities of dual-use biothreats within China's military doctrine, and critiques the current lack of global governance infrastructure to regulate AI-enabled biotechnologies. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu covers the latest developments surrounding the US-China TikTok deal that reached a proposed framework for the US to secure protections for American user data in the hands of Oracle Corp. including algorithm management, application development, and source code review. Next, Miles reviews President Trump's move to impose a fee for US companies on all new H1-B visa petitions, and what this move means for Beijing's planned rollout for their new K visa program. Lastly, Miles unpacks the recent bid by the Trump administration to retake Bagram Air Base in Afghanistan, and how this move relates to larger US strategic interests to secure a regional foothold to counter increased Chinese influence and military mobilization. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China and the United States have reached a basic framework consensus on properly resolving the TikTok issueChina and the United States have reached a basic framework consensus on properly resolving TikTok-related issues, reducing investment barriers, and promoting relevant economic and trade cooperation after two days of talks in Madrid, Spain.中美在西班牙马德里举行两天会谈后,就妥善解决TikTok相关问题、降低投资壁垒及推动相关经贸合作达成基本框架共识。However, Beijing has made it clear that it will not pursue any deal that compromises China's core principles, the interests of Chinese companies, or international fairness and justice.但中方已明确表示,不会达成任何损害中国核心原则、中国企业利益或国际公平正义的协议。Top negotiators from Beijing and Washington, led respectively by Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent, conducted “candid, in-depth and constructive” communication on economic and trade issues of common concern starting on Sunday.自周日起,由中国国务院副总理何立峰与美国财政部长斯科特·贝森特分别率领的中美高层谈判代表,就双方共同关注的经贸问题开展了“坦诚、深入且富有建设性”的沟通。Vice-Premier He said that China hopes the US will work together with it to quickly remove the relevant restrictive measures against China, take concrete actions to jointly safeguard the hard-won achievements of the trade talks, and create a good atmosphere for the stable and sustained development of Sino-US economic and trade relations.何立峰副总理表示,中方希望美方同中方一道,尽快取消针对中国的相关限制性措施,以实际行动共同维护经贸谈判来之不易的成果,为中美经贸关系稳定持续发展营造良好氛围。Addressing a news briefing on Monday, Li Chenggang, China's international trade representative with the Ministry of Commerce, said the two sides “reached a preliminary framework consensus on properly resolving TikTok-related issues through cooperation, scaling back investment barriers, and promoting relevant economic and trade cooperation.”中国商务部国际贸易谈判代表兼副部长李成钢在周一的新闻发布会上表示,双方“就通过合作妥善解决TikTok相关问题、降低投资壁垒、推动相关经贸合作达成初步框架共识”。Li, who is also vice-minister of commerce, emphasized that China will “under no circumstances seek any agreement at the expense of its principled stance, the interests of its enterprises, or international fairness and justice”. The Chinese government fully respects the will of enterprises and supports them in conducting equal business negotiations on the basis of market principles, he added.同时担任商务部副部长的李成钢强调,中国“绝不会以牺牲自身原则立场、企业利益或国际公平正义为代价寻求达成任何协议”。他补充称,中国政府充分尊重企业意愿,支持企业在市场原则基础上开展平等商业谈判。Wang Jingtao, deputy director of the Cyberspace Administration of China, said the Chinese government will review and approve matters related to TikTok's technology exports, the licensing of its usage rights, and other issues in accordance with the law.国家互联网信息办公室副主任王京涛表示,中国政府将依法对TikTok技术出口、使用权授权等相关事宜进行审核批准。“China hopes that the US will, pursuant to the consensus reached between the two sides, provide a nondiscriminatory economic and trade environment for Chinese enterprises operating in the US, including TikTok,” he said.他表示:“中方希望美方根据双方达成的共识,为在美运营的中国企业(包括TikTok)提供非歧视性的经贸环境。”Wang Wen, dean of Renmin University of China's Chongyang Institute for Financial Studies, said, “Any successful negotiation requires mutual effort and, fundamentally, mutual respect.”中国人民大学重阳金融研究院院长王文表示:“任何成功的谈判都需要双方共同努力,而根本在于相互尊重。”He pointed out that the US pursues a contradictory strategy. “The world is watching. So are the markets. Washington can choose the path of respectful engagement and shared gains with Beijing, or it can continue down the dead end of unilateral pressure and bear the consequences,” Wang Wen added.他指出,美方推行的战略存在矛盾性。王文补充道:“世界在关注,市场也在关注。美方可以选择与中方相互尊重、互利共赢的道路,也可以继续沿着单边施压的死胡同走下去并承担后果。”Chen Wenling, former chief economist at the China Center for International Economic Exchanges, said that by choosing to talk regularly and in detail, Beijing and Washington are sending a clear signal that they understand that a total breakdown in economic ties is a risk neither can afford.中国国际经济交流中心前首席经济学家陈文玲表示,中美选择通过定期且深入的会谈沟通,释放出明确信号:双方都清楚,经贸关系全面破裂是两国都承担不起的风险。top negotiators of China and the USn.中美高层谈判代表 /tɒp nɪˈɡəʊʃieɪtəz ɒv ˈtʃaɪnə ənd ðə juː ˈes/TikTok-related issuesn.TikTok相关问题
In this week's episode of China Insider, Miles Yu covers the recent anti-corruption movement and Gen Z protests that ousted former Prime Minister Oli and government officials, and examine China's role in the transition to the new interim government. Next, Miles breaks down the latest from US-China trade talks in Madrid, as the US seeks to advance the TikTok divestiture and framework for a bilateral trade deal, while China seeks to avoid further tariffs related to purchases of Russian oil. Lastly, Miles unpacks the historical data breach from China's Great Firewall that compromised highly confidential and protected information regarding the CCP's extensive exports of censorship and surveillance technology to foreign countries. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China and the United States have reached a basic framework consensus on properly resolving TikTok-related issues, reducing investment barriers, and promoting relevant economic and trade cooperation after two days of talks in Madrid, Spain.中美在西班牙马德里举行两天会谈后,就妥善解决TikTok相关问题、降低投资壁垒及推动相关经贸合作达成基本框架共识。However, Beijing has made it clear that it will not pursue any deal that compromises China's core principles, the interests of Chinese companies, or international fairness and justice.但中方已明确表示,不会达成任何损害中国核心原则、中国企业利益或国际公平正义的协议。Top negotiators from Beijing and Washington, led respectively by Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent, conducted “candid, in-depth and constructive” communication on economic and trade issues of common concern starting on Sunday.自周日起,由中国国务院副总理何立峰与美国财政部长斯科特·贝森特分别率领的中美高层谈判代表,就双方共同关注的经贸问题开展了“坦诚、深入且富有建设性”的沟通。Vice-Premier He said that China hopes the US will work together with it to quickly remove the relevant restrictive measures against China, take concrete actions to jointly safeguard the hard-won achievements of the trade talks, and create a good atmosphere for the stable and sustained development of Sino-US economic and trade relations.何立峰副总理表示,中方希望美方同中方一道,尽快取消针对中国的相关限制性措施,以实际行动共同维护经贸谈判来之不易的成果,为中美经贸关系稳定持续发展营造良好氛围。Addressing a news briefing on Monday, Li Chenggang, China's international trade representative with the Ministry of Commerce, said the two sides “reached a preliminary framework consensus on properly resolving TikTok-related issues through cooperation, scaling back investment barriers, and promoting relevant economic and trade cooperation.”中国商务部国际贸易谈判代表兼副部长李成钢在周一的新闻发布会上表示,双方“就通过合作妥善解决TikTok相关问题、降低投资壁垒、推动相关经贸合作达成初步框架共识”。Li, who is also vice-minister of commerce, emphasized that China will “under no circumstances seek any agreement at the expense of its principled stance, the interests of its enterprises, or international fairness and justice”. The Chinese government fully respects the will of enterprises and supports them in conducting equal business negotiations on the basis of market principles, he added.同时担任商务部副部长的李成钢强调,中国“绝不会以牺牲自身原则立场、企业利益或国际公平正义为代价寻求达成任何协议”。他补充称,中国政府充分尊重企业意愿,支持企业在市场原则基础上开展平等商业谈判。Wang Jingtao, deputy director of the Cyberspace Administration of China, said the Chinese government will review and approve matters related to TikTok's technology exports, the licensing of its usage rights, and other issues in accordance with the law.国家互联网信息办公室副主任王京涛表示,中国政府将依法对TikTok技术出口、使用权授权等相关事宜进行审核批准。“China hopes that the US will, pursuant to the consensus reached between the two sides, provide a nondiscriminatory economic and trade environment for Chinese enterprises operating in the US, including TikTok,” he said.他表示:“中方希望美方根据双方达成的共识,为在美运营的中国企业(包括TikTok)提供非歧视性的经贸环境。”Wang Wen, dean of Renmin University of China's Chongyang Institute for Financial Studies, said, “Any successful negotiation requires mutual effort and, fundamentally, mutual respect.”中国人民大学重阳金融研究院院长王文表示:“任何成功的谈判都需要双方共同努力,而根本在于相互尊重。”He pointed out that the US pursues a contradictory strategy. “The world is watching. So are the markets. Washington can choose the path of respectful engagement and shared gains with Beijing, or it can continue down the dead end of unilateral pressure and bear the consequences,” Wang Wen added.他指出,美方推行的战略存在矛盾性。王文补充道:“世界在关注,市场也在关注。美方可以选择与中方相互尊重、互利共赢的道路,也可以继续沿着单边施压的死胡同走下去并承担后果。”Chen Wenling, former chief economist at the China Center for International Economic Exchanges, said that by choosing to talk regularly and in detail, Beijing and Washington are sending a clear signal that they understand that a total breakdown in economic ties is a risk neither can afford.中国国际经济交流中心前首席经济学家陈文玲表示,中美选择通过定期且深入的会谈沟通,释放出明确信号:双方都清楚,经贸关系全面破裂是两国都承担不起的风险。top negotiators of China and the USn.中美高层谈判代表/tɒp nɪˈɡəʊʃieɪtəz ɒv ˈtʃaɪnə ənd ðə juː ˈes/TikTok-related issuesn.TikTok相关问题/ˌtɪkˈtɒk rɪˈleɪtɪd ˈɪʃuːz/
China will firmly defend its interests and support the multilateral trading system, while urging the United States to engage more in equal dialogue to ease friction and seek common ground in pursuit of a more open global economy, said analysts and business leaders on Sunday.分析人士及商界人士于周日表示,中国将坚定维护自身利益,支持多边贸易体制,同时敦促美方更多地开展平等对话,以缓解摩擦、寻求共识,推动构建更加开放的全球经济。As He Lifeng, a member of the Political Bureau of the Communist Party of China Central Committee and vice-premier of the State Council, China's Cabinet, leads a delegation in Madrid, Spain, for talks with US counterparts from Sunday to Wednesday, market watchers said the meetings are aimed at addressing long-standing friction and exploring constructive solutions.中共中央政治局委员、国务院副总理何立峰率团于周日至周三在西班牙马德里同美方代表举行会谈。市场观察人士指出,此次会谈旨在解决长期存在的经贸摩擦,并探讨建设性解决方案。The two sides will discuss economic and trade issues, such as unilateral tariff measures adopted by the US, the abuse of export controls and the TikTok issue, according to the Ministry of Commerce.据商务部介绍,双方将围绕美方单边关税措施、滥用出口管制、TikTok等经贸议题展开讨论。Wang Wen, dean of Renmin University of China's Chongyang Institute for Financial Studies, said the previous three rounds of trade talks between China and the US signaled willingness on both sides to find common ground, bringing much-needed optimism to international markets.中国人民大学重阳金融研究院院长王文表示,此前中美三轮经贸会谈已释放出双方寻求共识的积极意愿,为国际市场注入了亟需的信心。"With global economic momentum faltering, the international community is watching closely the talks in Spain, hoping both sides can translate dialogue into more substantive progress that would benefit not just the two nations, but all," he said.他指出:“当前全球经济增长动能不足,国际社会正密切关注此次西班牙会谈,期待双方能将对话转化为更具实质性的进展,这不仅惠及中美两国,更将造福世界各国。”Li Yong, a senior research fellow at the Beijing-based China Association of International Trade, said that under such circumstances, effectively addressing topics such as unilateral US tariff measures and the abuse of export controls is essential to fostering smoother China-US economic and trade relations, particularly in rebuilding trust and stabilizing cooperation.中国国际贸易学会高级研究员李永表示,在此背景下,有效解决美方单边关税措施、滥用出口管制等问题,对于推动中美经贸关系顺畅发展至关重要,尤其是在重建互信、稳定合作方面具有重要意义。Chen Wenling, former chief economist at the China Center for International Economic Exchanges, said the path to productive dialogue requires mutual respect and effort. She warned that Washington's recent unilateral moves — including a fresh wave of sanctions against Chinese companies — risk undermining the very foundation of engagement.中国国际经济交流中心前首席经济学家陈文玲认为,开展富有成效的对话需要双方相互尊重、共同努力。她警示,美方近期采取的单边行动——包括新一轮对华企业制裁——可能会破坏双方交往的基础。These are not good-faith gestures, but pressure tactics that Beijing will firmly oppose rather than concede to, Chen said.陈文玲强调:“这些并非善意之举,而是施压手段,中方将坚决反对,绝不妥协。”"China always remains open to dialogues with the US, but only based on mutual respect and equal standing. The onus is now on Washington to decide whether it will approach the negotiating table as an equal partner seeking mutually acceptable solutions," she added.她进一步指出:“中方始终愿与美方开展对话,但对话必须建立在相互尊重、平等相待的基础之上。当前,美方需作出抉择:是否以平等伙伴的身份坐到谈判桌前,寻求双方都能接受的解决方案。”On Saturday, the Ministry of Commerce responded to a US move to add multiple Chinese entities to its export control list. A spokesperson said that China firmly opposes the move, which targets Chinese entities in the semiconductor, biotechnology, aerospace, and commercial and trade logistics sectors.周六,商务部就美方将多家中国实体列入出口管制清单一事作出回应。发言人表示,中方坚决反对这一做法,此次美方制裁针对的是中国半导体、生物技术、航空航天、商贸物流等领域的实体。Noting that the two countries are scheduled to hold economic and trade talks in Spain starting on Sunday, the spokesperson said the US decision to sanction Chinese businesses raises questions about its true intentions.发言人指出,中美双方定于周日在西班牙举行经贸会谈,美方此时制裁中国企业,其真实意图令人质疑。The Ministry of Commerce also announced on the same day that it has initiated an anti-dumping investigation into imports of certain analog integrated circuit chips originating in the US, and it launched an anti-discrimination investigation into relevant US measures targeting China's integrated circuit sector.同日,商务部还宣布,已对原产于美国的部分模拟集成电路芯片发起反倾销调查,并就美方针对中国集成电路产业的相关措施发起反歧视调查。Following these moves, the Beijing-based China Semiconductor Industry Association issued a statement stressing that the healthy development of the semiconductor industry requires a fair competitive environment.此后,位于北京的中国半导体行业协会发表声明强调,半导体产业的健康发展需要公平的竞争环境。The China Chamber of Commerce for Import and Export of Machinery and Electronic Products called for domestic companies to boost innovation, strengthen industrial coordination and deepen global cooperation, while warning that unilateral measures risk disrupting international industrial and supply chains.中国机电产品进出口商会呼吁国内企业加大创新力度、加强产业协同、深化国际合作,同时警示,单边措施可能扰乱国际产业链供应链。John Quelch, a professor at Duke University's Fuqua School of Business, said: "The recent trend toward decoupling, particularly in technology and supply chains, reflects a deeper anxiety about dependence and vulnerability. But we must not lose sight of the broader truth: China and the US remain deeply intertwined."杜克大学福库商学院教授约翰・奎尔奇表示:“近期在技术和供应链等领域出现的‘脱钩'趋势,反映出各方对依赖风险和脆弱性的深层担忧。但我们不能忽视一个更重要的事实:中美经济仍深度交融。”He said the two sides must search for new equilibrium, one that balances competition with cooperation, and national interest with global responsibility.他认为,双方需寻求新的平衡,在竞争与合作之间、国家利益与全球责任之间找到平衡点。Olaf Schmidt, vice-president of Messe Frankfurt Exhibition, a German trade fair and event organizer, said his company has always championed global free trade, believing that it is vital to connect people, products and markets.德国展会运营商法兰克福展览集团副总裁奥拉夫・施密特表示,集团始终倡导全球自由贸易,坚信自由贸易对于连接人与人、产品与市场至关重要。multilateraladj.多边的;涉及多方的/ˌmʌltiˈlætərəl/frictionn.摩擦;矛盾;不和/ˈfrɪkʃn/unilateraladj.单边的;单方面的/ˌjuːnɪˈlætrəl/onusn.责任;义务;负担/ˈəʊnəs/decouplingn.脱钩;分离/ˌdiːˈkʌplɪŋ/
In this week's episode of China Insider, Miles Yu breaks down last week's eightieth anniversary celebrations for victory in WWII and the PLA military parade held in Beijing. The first part of the discussion focuses on the politics, dialogue between foreign leaders in attendance, and international community response to the parade; the second focuses on the content of the parade, including the advanced weapons showcase, and the PLA's modernization efforts; and finally, Miles comments on the anti-CCP demonstration in Chongqing, and the significance of this protest within the context of the anniversary celebrations.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks President Trump's recent announcement that the US would receive 600,000 Chinese students to attend American universities and colleges, and the impact this will have on established US national security policy to counter CCP influence in US academia. Next, Miles comments on Xi Jinping's recent message to President Zelensky for celebration of Ukraine's independence day, and details the context behind the exchange following last week's summit of European leaders in DC and Zelensky's comments regarding China's potential participation in conflict resolution procedures. Lastly, Miles revisits the latest report from the China Center, China After Communism: Preparing for a Post-CCP China, highlighting the public response and widespread reception now a month out from the initial release.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu tracks Xi Jinping's recent visit to Tibet to mark the sixtieth anniversary of CCP rule in Tibet, and the significance behind this trip and planned celebrations in particular. Next, Miles unpacks President Zelensky's statement excluding China from participating as an international security guarantor in any potential negotiated agreement that would bring an end to the current conflict, and details China's record of financial and material support for the Russian invasion since 2022. Lastly, Miles revisits the eightieth anniversary celebrations and military parade planned for September 3rd in Beijing, which include a featured showcase and display of the PLA's modernization efforts. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu breaks down the latest round of trade talks between the US and China as both sides agree to a 90-day extension for continued negotiations toward a potential trade deal. Next, Miles covers the rising public outrage in Sichuan province over local law enforcement's alleged mishandling of a violent school bullying incident in Jiangyou City. Lastly, Miles comments on the rising anti-Japanese sentiment across China that coincides with the 80th anniversary of Japanese surrender ending WWII in the Pacific. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu covers the latest reports from the ongoing mass flooding across parts of northern China and outside Beijing, and compares the local government response to the early warning system failures due to national level policies. Next, Miles unpacks the latest round of US tariffs, and the reasoning behind the variable tariff rate strategy as the current administration looks to address the foreign trade imbalance. Lastly, Miles comments on the ongoing investigation into embezzlements allegations against "CEO monk" and Shaolin Temple abbot Shi Yongxin. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu reviews the latest report from Hudson Institute's China Center, China after Communism: Preparing for a Post-CCP China, and highlights key findings and analysis regarding a potential collapse of centralized authority in China. Next, Miles unpacks the latest updates following Taiwan's Recall Election, and what the results mean for the next round of elections in August and Taiwan's democratic process. Lastly, Miles looks back at the protest movements across China since the beginning of this year and discusses the impact these movements have on China's social stability and CCP regime legitimacy. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
Despite persistent challenges, such as low domestic demand and household consumption, China's economy has been buoyed by strong exports and private sector activity, hitting its 5% growth rate target in 2024 and aiming for similar levels of growth this year. To what extent can a shift to a technology-led model yield new growth as global volatility threatens exports? This is the full audio from a session at the AMNC25 in Tianjin, China on 26 June, 2025. Watch it here: https://www.weforum.org/meetings/annual-meeting-of-the-new-champions-2025/sessions/chinas-economy-analysed/ Catch up on all the action from AMNC25 at wef.ch/amnc25 and across social media using the hashtag #AMNC25. This session was developed in collaboration with China Global Television Network (CGTN). Speakers: Joseph Luc Ngai, Chairman, Greater China, McKinsey & Company Ilham Kadri, Chief Executive Officer of the Executive Committee, Syensqo Zhu Min, Member of the Senior Expert Advisory Committee, China Center for International Economic Exchanges (CCIEE) Tian Wei, Host, World Insight with Tian Wei, China Global Television Network (CGTN) Eswar Prasad, Professor, Cornell University Jin Keyu, Professor, School of Business and Management, Hong Kong University of Science and Technology Check out all our podcasts on wef.ch/podcasts: YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub
In this week's episode of China Insider, Miles Yu reviews Taiwan's ten-day long Han Kuang military exercise, involving civilian drills and military training to prepare for a potential invasion and counter ongoing PLA gray zone operations. Next, Miles covers the "800 Brother" story trending across Chinese social media and internet forums as the popular worker wage movements maintain their current momentum on a national scale. Lastly, Miles digs into China's reported 5.2% GDP growth over the second quarter of this year, and examines the historical efficacy of China's National Bureau of Statistics' economic analysis and reporting. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu discusses the Dalai Lama's 90thbirthday, and the implications of his succession for the future of Tibetan Buddhism, culture, and identity in the face of aggressive CCP interference. Next, Miles unpacks the extended docking of the Shandong carrier fleet in Hong Kong and highlights the significance of the local celebrations hosted by the CCP government in Hong Kong. Lastly, Miles details the preparations for China's 80th anniversary of victory in World War II, and examines the importance of the month's long celebrations to bolster CCP legitimacy.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
The United States has announced new tariffs for over half of the member states of the Association of Southeast Asian Nations, China's largest trading partners, which analysts said is a calculated escalation of Washington's efforts to reconfigure global supply chains away from Beijing.美国宣布对中国最大的贸易伙伴东南亚国家联盟(Association of Southeast Asian Nations)一半以上的成员国征收新关税,分析人士表示,这是华盛顿有意将全球供应链从北京重新配置的升级。The prospect of higher US tariffs could translate into higher prices for US consumers already grappling with persistent inflation and would undermine the stability of global supply chains, they added.他们补充说,美国提高关税的前景可能会转化为已经在努力应对持续通胀的美国消费者的更高价格,并将破坏全球供应链的稳定性。US President Donald Trump on Monday set out plans for a 40 percent tariff on goods from Myanmar and Laos, a 36 percent tariff on goods from Thailand and Cambodia, a 32 percent tariff on Indonesia, and a 25 percent tariff on goods from Malaysia.美国总统唐纳德·特朗普周一制定了对缅甸和老挝商品征收40%关税、对泰国和柬埔寨商品征收36%关税、对印度尼西亚商品征收32%关税和对马来西亚商品征收25%关税的计划。"These tariffs appear designed to make it economically disadvantageous for these Southeast Asian countries to maintain deep supply chain links with China, forcing a decoupling by increasing the cost of their exports to the US market if Chinese inputs or intermediate goods are involved," said Chen Wenling, former chief economist at the China Center for International Economic Exchanges.中国国际经济交流中心前首席经济学家陈文玲表示:“这些关税似乎旨在使这些东南亚国家与中国保持深厚的供应链联系在经济上处于不利地位,如果涉及中国的投入或中间产品,则通过增加其对美国市场的出口成本来迫使脱钩。”。The new tariffs will take effect on Aug 1 unless these countries can broker new trade deals with the White House. Trump threatened to raise rates even higher if any of the countries sought to evade the US duties by shipping through other nations.新关税将于8月1日生效,除非这些国家能够与白宫达成新的贸易协议。特朗普威胁称,如果任何一个国家试图通过其他国家运输来逃避美国的关税,他将进一步提高税率。Zhou Mi, a researcher at the Chinese Academy of International Trade and Economic Cooperation, said, "Additional tariffs will inevitably impact everyday affordability for US families."中国国际贸易经济合作研究院研究员周宓表示:“额外的关税将不可避免地影响美国家庭的日常负担能力。”"Moreover, they will disrupt global supply chains, compounding the challenges facing the already fragile global economic recovery," Zhou said.周表示:“此外,它们将扰乱全球供应链,加剧本已脆弱的全球经济复苏所面临的挑战。”。According to Trump, there will be no tariff if these countries or companies within the countries decide to build or manufacture products within the US, and that "in fact, we will do everything possible to get approvals quickly, professionally and routinely — in other words, in a matter of weeks".特朗普表示,如果这些国家或国内公司决定在美国境内生产或制造产品,将不会征收关税,“事实上,我们将尽一切可能快速、专业和常规地获得批准——换句话说,在几周内”。Earlier this month, Washington already made a deal with Vietnam, an ASEAN country that would see its exports to the US face a 20 percent tariff — lower than the 46 percent Trump had threatened in April.本月早些时候,华盛顿已经与东盟国家越南达成协议,越南对美国的出口将面临20%的关税,低于特朗普4月份威胁的46%。But Vietnamese goods would face a higher 40 percent tariff "on any transshipping", when goods shipped from Vietnam originate from another country, such as China.但当从越南运来的货物来自中国等其他国家时,越南货物将面临“任何转运”40%的更高关税。Guan Jian, a partner at Beijing Grand Win Law Firm, said the US approach toward Vietnam, imposing steep tariffs on goods suspected of being transshipped from another country, including China, could very well become a standard playbook in its future trade negotiations.北京大赢律师事务所合伙人关建表示,美国对越南采取的做法,对涉嫌从包括中国在内的另一个国家转运的货物征收高额关税,很可能成为其未来贸易谈判的标准策略。Chen, former chief economist at the China Center for International Economic Exchanges, said that China has forged tightly knit industrial and supply chain ties with ASEAN countries, which have become China's top trading partners for five consecutive years. In some ASEAN nations, over 70 percent of the intermediate inputs in their manufacturing sectors are sourced from China.中国国际经济交流中心前首席经济学家陈表示,中国与东盟国家建立了紧密的工业和供应链关系,东盟国家已连续五年成为中国最大的贸易伙伴。在一些东盟国家,其制造业70%以上的中间投入来自中国。"The numbers tell the story. It's not easy for Washington to undermine the market-driven integration," Chen said.陈说:“这些数字说明了问题。华盛顿不容易破坏市场驱动的一体化。”。reconfiguren.重新配置/ˌriːkənˈfɪɡər/standard playbookn.标准策略/ˈstændəd ˈpleɪbʊk/
Miles sits down with Tory Bruno, CEO of United Launch Alliance, an organization dedicated to pioneering technologies that support humanitarian, national security, and commercial space-based initiatives. They discuss the importance of strategic space policy and security under the ever-evolving US-China strategic competition dynamic; where the US stands in relation to Chinese satellite technology, development and infrastructure; and what strategies the US and its allies should prioritize to counter China's efforts to dominate the space domain. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
President Xi Jinping has called on North China's Shanxi province to further promote the transformation and development of the resource-based economy and strive to write its own chapter in advancing Chinese modernization.Xi, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks during his inspection of the province on Monday and Tuesday.The inspection tour took him to Yangquan, a city renowned for its coal mining heritage, and Taiyuan, the provincial capital.Shanxi is one of the regions with the highest concentration of resource-based cities in China. For a long time, its economic development relied on coal mining. To implement the low-carbon development strategy, the province is striving to build itself into a national pilot zone for overall reform for the transformation of the resource-based economy.While hearing the work report by the provincial authorities on Tuesday morning in Taiyuan, Xi urged Shanxi to steadily promote transformation and development of the traditional industry in an orderly manner, with a focus on energy transition, industrial upgrading and moderately diversified development of its economy.He underlined the need for the province to upgrade the coal industry and transform coal from a primary fuel to a high-value product, while ensuring the country's coal supply.Efforts should be made to build Shanxi into the nation's important energy and raw material base at a higher level, and shape a new type of energy system supporting the development of wind power, photovoltaic power and hydrogen energy, he said.Xi highlighted the need to promote the transformation and upgrading of traditional industries and plan emerging and future industries based on local conditions to gradually form a modern industrial system reflecting Shanxi's characteristics and comparative advantages.He also urged the province to make good use of conditions for diversified development, optimize its business environment, stimulate the vitality of market entities, and better transform the strength in resources into a development advantage.Xi emphasized that efforts must be made to ensure security and stability during the process of promoting transformation and development, with an emphasis on ensuring the stability of employment, enterprises, markets and expectations.In recent years, China has been working to transform and upgrade traditional industries to promote high-quality economic growth. During his inspection tours nationwide, Xi has urged various regions to develop new quality productive forces tailored to local conditions and make greater progress in industrial transformation.Zhang Li, president of the China Center for Information Industry Development, said that accelerating the transformation and upgrading of traditional industries is not only an important step to enhance the resilience and security of industrial and supply chains, but also a necessary requirement for the country to promote the new type of industrialization and step up construction of a manufacturing powerhouse.In the new circumstances, China must persist in promoting the transformation and upgrading of traditional industries, nurturing and expanding emerging industries, and simultaneously developing future industries, Zhang said in an article published in the latest issue of Qiushi Journal, a flagship magazine of the CPC Central Committee."Only by doing so can we consolidate and enhance the leading position of advantageous industries and the competitiveness of the whole industry, and keep a competitive edge globally," he said.During his tour in Yangquan on Monday, Xi visited Yangquan Valve Co, where he inspected the company's production workshop and products display, and had a conversation with workers at the site.He said that traditional manufacturing is an important part of the real economy, and it is essential to target market demand and strengthen technological innovation to revitalize the traditional industry.Xi told the company's employees that China's industrial development used to rely on physical labor, but today it relies on advanced technology and equipment to improve productivity. He expressed the hope that they would continue to work hard and make greater contributions to building a strong manufacturing country.Zhao Zihao, an information technology specialist at the company, said he was inspired by Xi's remarks on revitalizing traditional industry with intelligent technologies."President Xi encouraged us, particularly the younger generation of workers, to leverage our strength in expertise to drive industrial transformation," Zhao said."He placed trust and confidence upon us. I feel a strong sense of responsibility."
In this week's episode of China Insider, Miles Yu discusses Chinese Communist Party's 100-million-member milestone, what this means for China, and whether the declining annual membership growth rates indicate concerning trends about the future health of the Party. Next, Miles comments on Foreign Minister Wang Yi's recent visit with European Commission Vice President Kaja Kallas, including the Foreign Minister's candid comments from a closed-door meeting that revealed China's stance on the Russian invasion of Ukraine is more one-sided than previous official Party statements have publicly indicated. Lastly, Miles tests the myth of China's consumer consumption crisis and unpacks the nuanced relationship between China's selective consumer spending and current income disparities.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
Miles sits down with Joe Gebbia, Sr., founder and CEO of State Shield, an organization on the frontlines of countering CCP influence across US state and local governments. They discuss a wide range of issues vital to supporting state and local legislatures to protect their citizens and infrastructure, including State Shield's origins, mission and current projects, and the importance of preserving American interests at the sub-national level. China Insider is a weekly podcast project from Hudson Institute's China Center hosted by Miles Yu, who provides weekly news that mainstream American outlets often miss and in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks the latest round of PLA purges officially released by the National People's Congress, including high-level Central Military Commission official Miao Hua, and what this means for CCP bureaucratic and cadre politics. Next, Miles forecasts the upcoming BRICS and QUAD summits, and the importance of collective dialogue to address current global security issues and ongoing conflicts. Lastly, Miles comments on the recent Shanghai Cooperation Organization meeting in Qingdao, including geopolitical analysis of the SCO's legitimacy among member nations and implications for the future of the organization under China's leadership.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu comments on the latest developments in the Israel-Iran conflict now with direct US involvement, and what impact this may have on China's strategic objectives for Iran and the Middle East region. Next, Miles unpacks the latest developments in Taiwan's Legislative Yuan recall movement as 24 KMT lawmakers face recall votes in late-July. Lastly, Miles provides analysis on China's continued economic struggles concerning increased youth unemployment and declining rates of foreign direct investment. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu comments on the ongoing Israel-Iran conflict, and what impact this may have on China's strategic objectives for Iran and larger policy implications for regional relations in the Middle East. Next, Miles unpacks the latest news from the G7 Summit held in Canada as the member nations discuss China's non-market policies and unfair business practices. Lastly, we discuss the recent PLA Navy operation involving two aircraft carriers sailing east of the first island chain in the Indo-Pacific, and how the US and its allies may look to respond under the new strategic policy shift to deter Chinese maritime aggression.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu comments on the ongoing Trump-Musk dispute, and what impact this may have on future US-China dialogue and high-level trade talks between Beijing and Washington. Next, Miles examines China's EV industry as comments from Great Wall Motor CEO, Wei Jianjun, raise concerns over a potential emerging BYD debt crisis and draw parallels to the Evergrande real estate crisis. Lastly, we discuss the outcome of South Korea's presidential election, and highlight the key points of interest in President-elect Lee's foreign policy goals for both the US and China.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks the Defense Secretary Pete Hegseth's remarks at the Shangri-La Dialogue on the United States' strategic refocus to deter Chinese aggression in the Indo-Pacific. Second, Miles examines the establishment of an International Organization for Mediation in Hong Kong, and the potential consequences of China's growing influence in global governance. Lastly, we observe the 36th anniversary of the Tiananmen Square Massacre, and revisit the many lessons and memories still relevant today.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks the historical ties between the Chinese Communist Party and Harvard, and the broader implications of CCP influence in United States' academia. Second, we revisit the origins of COVID-19 and statements by China's Ministry of Foreign Affairs that claim the West is over-politicizing the issue. Lastly, Miles lends his perspective on the Wage Marchers movement gaining traction across China, and the history of public dissent and protests in the People's Republic of China.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks President Trump's recent visit to the Middle East, and the implications for US-China strategic competition in the region. Second, we discuss the politics of Rare Earth Minerals, and how the United States and its allies can formulate strategies to counter China's stranglehold on REM procurement and refinement. Lastly, Miles provides his analysis of the latest changes to US tariffs and trade policy toward China regarding the de minimis threshold and impact on US-China e-commerce competition.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu discusses China-Holy See relations following the announcement of Pope Leo XIV, and China's historical policy record regarding religious freedom. Second, we revisit United Nations General Assembly Resolution 2758 and its varied interpretations from both sides of the Taiwan Strait, as the People's Republic of China seeks to legitimize the One China principle in international forums. Lastly, Miles unpacks China's historical role in the India-Pakistan conflict and the impact of Chinese military modernization efforts on the recent kinetic exchange in Kashmir.]China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu discusses the recall campaign movement in Taiwan's Legislative Yuan and what this means for the Kuomintang (KMT) and Taiwan People's Party (TPP) coalition, as well as implications for the future of U.S.-Taiwan relations. Second, Miles looks to answer whether China over-extended in its response to United States tariffs, and how China's response may not reflect the economic reality. Lastly, we look into Apple's announcement to transition iPhone production from China to India by the end of 2026, and assess China's economic capacity to absorb such a significant offshore of manufacturing.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu investigates the recent fatal crash involving the Xiaomi SU7 EV that left three university students dead while the autonomous navigation system was activated. Next, we discuss China's Ministry of Foreign Affair's response to increased U.S. tariffs and what the invocation of Maoist rhetoric means as trade tensions escalate between the two countries. Lastly, Miles analyzes the Volt Typhoon cyberattack efforts against critical U.S. infrastructure, and what this series of widespread attacks means for a potential future conflict involving Taiwan.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu analyzes the latest round of global reciprocal tariffs and the role China plays in the current global economy. Next, we look into the latest round of purges including top People's Liberation Army General He Weidong and what this means for Xi Jinping's political cadre and the Central Military Commission going forward. Finally, Miles unpacks the PLA's two-day military exercise around Taiwan and the impact on Cross-Strait relations.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China fired off a sweeping package of robust countermeasures on Friday—including a 34 percent tariff hike and rare earth export controls—in response to the latest round of sweeping tariffs adopted by the administration of United States President Donald Trump.上周五,中国推出了一系列强有力的反制措施,包括提高34%的关税和稀土出口管制,以回应美国总统唐纳德·特朗普政府采取的最新一轮大规模关税。More forceful and precise counterstrikes are still in Beijing's pocket if Washington persists with its unilateral trade bullying, several sources confirmed to China Daily.据多位消息人士向《中国日报》证实,如果华盛顿方面继续单边贸易霸凌,北京方面仍有可能采取更强力、更精准的反击措施。As approved by the State Council, the country's Cabinet, China will impose an additional 34 percent tariff on all US-origin imports starting on April 10. Simultaneously, the Ministry of Commerce and the General Administration of Customs announced immediate export restrictions on seven key medium to heavy rare earth elements, as China Daily first reported on Thursday.经国务院批准,中国将从4月10日起对所有原产于美国的进口产品征收34%的额外关税。据《中国日报》周四率先报道,商务部和海关总署同时宣布立即对七种关键的中重稀土元素实施出口限制。These elements—samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium—are crucial elements for manufacturing key products used in semiconductor, defense, aerospace and green energy.这些元素——钐、钆、铽、镝、镥、钪和钇——是制造半导体、国防、航空航天和绿色能源所用关键产品的关键元素。Citing their dual-use nature in both military and civilian industries, a spokesman for the Commerce Ministry said: "Imposing export controls on them is a common international practice. As a responsible major country, China's decision to regulate these items reflects its consistent position of firmly safeguarding world peace and regional stability."商务部发言人表示,这些元素涉及军民两用领域,“实施出口管制是国际通行做法。中国作为负责任大国,决定对这些产品实施管制,体现了坚定维护世界和平和地区稳定的一贯立场。”Other measures include filing a lawsuit with the World Trade Organization over the US' "reciprocal tariffs", launching an industry competitiveness investigation and an anti-dumping investigation regarding imported medical CT tubes from the US and India, adding 16 US entities to the export control list and 11 US companies to the unreliable entity list, and canceling import qualifications for certain US companies.其他措施还包括就美国“对等关税”向世界贸易组织提起诉讼、启动产业竞争力调查以及对原产于美国和印度的进口医用CT射线管发起反倾销调查、将16家美国实体列入出口管制名单、将11家美国公司列入不可靠实体名单、取消部分美资企业的进口资格等。Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, said that such rapid, intensive and multi-pronged countermeasures are unprecedented in the world's history, proving that China will not sit back amid unilateral bullying tariffs.对外经济贸易大学中国世界贸易组织研究院院长屠新泉表示,如此迅速、密集、多管齐下的反制措施在世界历史上前所未有,表明中国不会坐视单边霸凌关税的威胁。"This isn't just tit-for-tat. These countermeasures, including both tariff and nontariff measures, aim to directly hit the weak spots of the US to make it feel the real pain," said Tu.“这不仅仅是针锋相对,这些包括关税和非关税措施的反制措施,都是要直击美国的薄弱环节,让其真正感受到痛点。”屠新泉说。Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, said that China, as the world's second-largest economy, has taken the lead in resisting US trade protectionism.中国商务部国际贸易经济合作研究院研究员白明表示,中国作为世界第二大经济体,在抵制美国贸易保护主义方面走在了前列。"These countermeasures are not only to protect China's own interests, but also to safeguard the stable operation of the global trading system," he emphasized.“这些反制措施不仅是为了维护中国自身的利益,也是为了维护全球贸易体系的稳定运行。”他强调。The State Administration for Market Regulation, China's top market regulator, also announced on Friday night that it has launched an investigation into DuPont China, a subsidiary of the US company DuPont, for suspected monopolisticpractices in violation of China's Anti-Monopoly Law.中国国家市场监督管理总局周五晚间宣布,已对美国杜邦公司旗下的杜邦中国有限公司展开调查,理由是其涉嫌违反中国《反垄断法》的垄断行为。All of the moves came after China, a major trading partner of the US, was hit with a 34 percent so-called reciprocal tariff by the Trump administration on Wednesday, in addition to a 20 percent tariff imposed earlier this year.这一系列举措是在中国这一美国主要贸易伙伴遭到特朗普政府周三加征所谓34%的“对等关税”之后采取的,此前美国已在今年早些时候对中国加征了20%的关税。Further counterstrikes could include tightening export controls on more critical raw materials vital for US high-tech manufacturing, new energy transformation and defense projects, and further escalating the blocking of key technologies used in extracting and processing strategic minerals, said two sources close to the matter, who asked for anonymity.两位要求匿名的知情人士表示,进一步的反击措施可能包括加强对美国高科技制造、新能源转型和国防项目至关重要的原材料的出口管制,并进一步加大对战略矿产开采和加工关键技术的封锁。China accounts for at least 85 percent of rare earth refining, 77 percent of cobalt refining, 82 percent of tungsten production, 80 percent of antimony processing capacity, and 90 percent of the world's synthetic graphite production. These are all critical materials for defense, new energy batteries, semiconductors and advanced manufacturing.中国占全球稀土精炼产能的至少85%,钴精炼产能的77%,钨产量的82%,锑加工产能的80%,以及人造石墨产量的90%。这些都是国防、新能源电池、半导体和先进制造业的关键材料。Beyond nontariff measures, China could still adopt additional tariffs on certain US products, particularly agricultural goods. Having already imposed tariffs on key US farm products, China is weighing further increases, another source added.除了非关税措施外,中国还可能对某些美国产品,特别是农产品征收额外关税。另一位消息人士补充说,中国已经对美国主要农产品征收关税,并正在考虑进一步提高关税。Chen Wenling, former chief economist at the China Center for International Economic Exchanges, said, "China could follow the cases of countries like Canada and levy tariffs on US products in a high range of 250 percent to 390 percent according to different situations."中国国际经济交流中心前首席经济学家陈文玲表示:“中国可以效仿加拿大等国家的做法,根据不同情况对美国产品征收250%至390%的高额关税。”The latest tariff from the Trump administration is provoking a strong global reaction.特朗普政府的最新关税政策引发了全球强烈反应。International Monetary Fund Managing Director Kristalina Georgieva warned that the sweeping tariffs presented "a significant risk to the global outlook at a time of sluggish growth".国际货币基金组织总裁克里斯塔利娜·格奥尔基耶娃警告称,在经济增长乏力的背景下,这种大规模关税举措“给全球前景带来重大风险”。Ngozi Okonjo-Iweala, director-general of the World Trade Organization, expressed deep concern on Thursday over the decline in global trade and the potential for an escalating tariff war sparked by US tariff measures. Iweala said in a statement that the US tariff measures will have "substantial implications for global trade and economic growth prospects".世界贸易组织总干事恩戈齐·奥孔乔-伊维拉周四对全球贸易下滑以及美国关税措施引发关税战升级的可能性表示深切担忧。伊维拉在一份声明中表示,美国关税措施将“对全球贸易和经济增长前景产生重大影响”。Michael Hart, president of the American Chamber of Commerce in China, has said that AmCham China is not in favor of widespread tariffs, and it advocates constructive dialogue and policy predictability to reduce volatility in trade relations.中国美国商会会长迈克尔·哈特表示,中国美国商会不赞成大规模征收关税,主张建设性对话和政策可预测性,以减少贸易关系的波动。Quoting a report from the chamber that more than half of its member companies said they plan to increase investments in China this year, he said that ensuring that businesses can operate competitively and with greater certainty benefits both countries' economies and supports global economic stability.他援引商会的一份报告称,超过一半的会员公司表示计划今年增加对华投资,他说,确保企业能够更具竞争力和确定性地运营,有利于两国经济,并支持全球经济稳定。Oliver Zipse, board chairman of BMW, said: "Economic growth thrives through opening, not closing. The increase of protectionist behavior will not create winners, but will result in a situation where everyone is going to lose prosperity. At BMW, we strongly oppose tariffs or other trade barriers."宝马集团董事长奥利弗·齐普策表示:“经济增长靠的是开放,而不是封闭。保护主义行为的增加不会创造赢家,而会导致所有人都失去繁荣。宝马坚决反对关税或其他贸易壁垒。”unilateraladj.单边的multi-prongedadj.多管齐下的tit-for-tat针锋相对monopolistic practicen.垄断行为trade barrier贸易壁垒
In this week's episode of China Insider, Miles Yu details Taiwan's decision to revoke visas for several pro-Beijing social media influencers and the island's continued efforts to counter Chinese coercion. Next, we take a look at the latest development in sales negotiations for port operations near the Panama Canal owned by Hong Kong based CK Hutchinson Holdings. Finally, Miles unpacks Secretary Hegseth's recent visit to the Indo-Pacific—what was said, where it was said, and the importance of enhanced strategic deterrence as the United States pivots to the Pacific.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
Andrew Polk is the co-founder and head of economic research at Trivium China, a Beijing-based strategic advisory firm. Before founding Trivium, he was China director at Medley Global Advisors. Previously, he was the resident China economist at The Conference Board's China Center for Economics and Business. Andrew is the co-author of The Long, Soft Fall in Chinese Growth (The Conference Board, 2015) and maintains a deep network of professional contacts in the official, academic, and business communities in China (built over a decade of living in China and working on China issues). This podcast covers China's unique development model, Xi Jinping's economic philosophy, transitioning from property-driven growth to new industries, and much more. Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
In the opening episode of season 2 of Let's Talk Global Business, host Sara Murray explores the evolving investment landscape in China with Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis, and Alfredo Montufar-Helu, Head of The Conference Board's China Center. From changing consumption patterns and economic uncertainty to the rising challenges faced by Western multinationals, the conversation dives deep into the real dynamics shaping business in China today
In this week's episode of China Insider, Miles Yu details the recent termination of United States federal grants for US Agency for Global Media outlets including Voice of America, and what this means for information access in China. Next, he explores Niger's decision to expel three Chinese oil executives over wage disputes between local and expatriate workers from China. Finally, Miles digs into the recent unclassified report on corruption within the Chinese Communist Party's leadership by the Office of the Director for National Intelligence, and discusses the implications of these findings on Xi Jinping's ongoing Anti-Corruption campaigns.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu details Taiwan Semiconductor Manufacturing Co.'s (TSMC) $100bn investment and reaffirmed commitment to supporting US-based semiconductor production. Next, we explore the latest initiative from the House of Representatives that takes aim at Chinese student visas and the current imbalance in US-China international education exchange. Lastly, Miles examines the latest rhetorical exchange between Taipei and Beijing, and the significance of Taiwan's resilience against the CCP's United Front.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China's latest commitment to advancing cutting-edge technologies — including quantum computing, artificial intelligence and 6G — will solidify its position as a global leader in innovation, and the strategic push will enable the country to navigate global uncertainties while sustaining its competitive advantage, experts and business executives said.专家和企业高管们表示,中国最近致力于推动包括量子计算、人工智能和6G等前沿技术的发展,这将巩固中国作为全球创新领导者的地位,而这一战略推动将使中国能够在保持竞争优势的同时应对全球的不确定性。Underscoring the importance of securing technological breakthroughs and efficiently commercializing them, they said that China's push for new quality productive forces will create vast opportunities for domestic and international businesses.他们强调了确保技术突破并将其有效商业化的重要性,并表示中国对新的优质生产力的推动将为国内外企业创造大量机会。Their comments follow President Xi Jinping's remark that technological innovation and industrial innovation constitute the fundamental pathways for developing new quality productive forces.习近平主席曾指出,技术创新和产业创新是发展高质量新生产力的根本途径。Xi made the remark when participating in a deliberation in Beijing on March 5 with his fellow deputies from Jiangsu province during the third session of the 14th National People's Congress, China's top legislature.3月5日,在中国最高立法机构--第十四届全国人民代表大会第三次会议期间,习近平在北京与江苏省人大代表一起参加审议时说了这番话。China's 2025 Government Work Report also said the nation "will establish a mechanism to increase funding for industries of the future and foster industries such as biomanufacturing, quantum technology, embodied AI and 6G technology".中国《2025年政府工作报告》也表示,中国 “将建立未来产业资金投入增长机制,培育生物制造、量子技术、人工智能、6G技术等产业”。Wang Yiming, vice-chairman of the China Center for International Economic Exchanges, said, "China's economy has entered a critical period of transitioning between old and new growth drivers."中国国际经济交流中心副理事长王一鸣表示,“中国经济已进入新旧增长动力转换的关键时期”。He said future-oriented technologies are not only at the forefront of innovation, but are also strategic pillars for reshaping industrial competition and boosting productivity."他说,面向未来的技术不仅是创新的前沿,也是重塑产业竞争格局、提升生产力的战略支柱。Their significance lies in both upgrading traditional industries and securing a leading position in emerging sectors," Wang said.它们的意义在于既能提升传统产业,又能确保在新兴产业中的领先地位。Guo Guoping, deputy director of the Key Lab of Quantum Information at the Chinese Academy of Sciences, said he was deeply impressed by China's support for quantum technology.中国科学院量子信息重点实验室副主任郭国平说,中国对量子技术的支持给他留下了深刻印象。He compared quantum technology to an aircraft, with quantum computing serving as its "engine", providing exponential computational power for fields such as national defense, biomedicine, energy materials and AI.他把量子技术比作一架飞机,量子计算是飞机的“发动机”,为国防、生物医药、能源材料和人工智能等领域提供指数级计算能力。"Quantum computing is transitioning from the lab to industrialization. China has become the third country in the world capable of delivering quantum computers, after Canada and the United States, positioning China in the global first tier of quantum research. But challenges remain in some areas," Guo said."量子计算正在从实验室向产业化过渡。中国已成为继加拿大和美国之后,世界上第三个能够提供量子计算机的国家,跻身全球量子研究第一梯队。但在某些领域仍存在挑战,"郭说。He stressed the need for increased investment in basic research and advocated leveraging China's unique advantages in mobilizing resources to tackle core technological challenges.他强调了增加基础研究投入的必要性,并主张发挥中国在调动资源应对核心技术挑战方面的独特优势。China's research and development spending climbed to 3.6 trillion yuan ($497 billion) in 2024, an 8 percent year-on-year increase, according to the National Bureau of Statistics. Of this total, funding allocated to basic research accounted for 6.91 percent of the R&D budget, underscoring heightened investment in foundational scientific exploration.根据国家统计局的数据,到2024年,中国的研发支出将攀升至3.6万亿元(约合4,970亿美元),同比增长8%。其中,分配给基础研究的资金占研发预算的6.91%,凸显了对基础科学探索的投资力度加大。Meanwhile, more than 570 Chinese industrial companies have made it to the global top 2,500 companies in terms of R&D investment, according to the Ministry of Industry and Information Technology.与此同时,根据工业和信息化部的数据,已有超过570家中国工业企业进入全球研发投入前2500强。Xu Lijin, a member of the National Committee of the Chinese People's Political Consultative Conference, the nation's top political advisory body, and chairman of Wuhu Robot Industry Development Group, said that embodied AI, as highlighted in the Government Work Report, refers to AI that is integrated into physical hardware such as robots. It represents a significant leap in intelligent systems capable of interacting with and adapting to their environments.全国政协委员、芜湖机器人产业发展集团董事长徐立金表示,《政府工作报告》中强调的“嵌入式人工智能 ”是指将人工智能集成到机器人等物理硬件中。它代表着能够与环境交互并适应环境的智能系统的重大飞跃。"Robotics and AI are dual engines driving economic and social development in the era of global digital transformation," Xu said"机器人和人工智能是全球数字化转型时代推动经济社会发展的双引擎。"他说Qiao Hong, an academician of the Chinese Academy of Sciences, said, "Over the past three years, China has accounted for more than half of the global installation of industrial robots, and its lunar exploration robots have successfully returned lunar soil samples."中国科学院院士乔红说:"近三年来,中国工业机器人的安装量已占全球一半以上,中国的探月机器人已成功返回月球土壤样本。However, challenges remain. For instance, high-end sensors like precision lidar, short for light detection and ranging, still rely on imports, and domestic alternatives lag in accuracy and stability, experts added.然而,挑战依然存在。专家补充说,例如,像精密激光雷达(光探测和测距的简称)这样的高端传感器仍然依赖进口,而国产替代品在精度和稳定性方面都比较落后。Zhang Li, president of the China Center for Information Industry Development, said: "Leveraging its robust and comprehensive industrial ecosystem, China creates expansive real-world testing grounds and vast market opportunities for technological innovation. This infrastructure not only accelerates the development of emerging industries, but also provides a resilient foundation for nurturing future-oriented sectors poised to redefine global markets."中国信息产业发展研究中心主任张莉说:"中国凭借其强大而全面的产业生态系统,为技术创新创造了广阔的现实世界试验场和巨大的市场机遇。这种基础设施不仅加快了新兴产业的发展,也为培育未来导向型行业奠定了坚实的基础,这些行业将重新定义全球市场。As the world's largest manufacturing country, China ranks first globally in terms of output for more than 40 percent of the world's 500 major industrial products, data from the Ministry of Industry and Information Technology showed.工业和信息化部的数据显示,作为世界上最大的制造业国家,在世界500种主要工业产品中,中国有40%以上的产品产量位居全球第一。Industrial innovation must remain rooted in the real economy, Zhang said, noting that China's economy "has historically relied on the real economy, and it is through this foundation that it will continue to progress".张说,产业创新必须始终植根于实体经济,她指出,中国经济“历来依靠实体经济,正是通过这一基础,中国经济才会不断进步”。Ding Haiyu, deputy head of the China Mobile Research Institute, said that 6G "has entered its tech standardization phase this year, as we aim to commercialize the technology around 2030. AI-powered 6G will unlock significant opportunities".中国移动研究院副院长丁海玉说,6G "今年已进入技术标准化阶段,我们的目标是在2030年左右实现技术商用。人工智能驱动的6G将带来重大机遇"。Zheng Yongnian, dean of the School of Public Policy at the Chinese University of Hong Kong (Shenzhen), said, "To cultivate new quality productive forces, a country should prioritize three foundational pillars — advancing fundamental scientific research, bridging the gap between theoretical discoveries and applied technological solutions, and fostering a financial ecosystem capable of sustaining innovation-driven growth."香港中文大学(深圳)公共政策学院院长郑永年说:“一个国家要培育新的优质生产力,应优先考虑三大基础支柱--推进基础科学研究、弥合理论发现与应用技术解决方案之间的差距,以及培育能够维持创新驱动增长的金融生态系统。”"Expanding institutional opening-up is the strategic guarantee for nurturing new quality productive forces," Zheng said."扩大制度性开放是培育新的优质生产力的战略保障。”他说David Poon, president of Infineon Technologies Greater China, said China's focus on green, low-carbon and high-quality development aligns with the German chip maker's strengths and opens new growth opportunities.英飞凌科技大中华区总裁表示,中国注重绿色、低碳和高质量发展,这与这家德国芯片制造商的优势不谋而合,并带来了新的发展机遇。"With our 'In China, For China' strategy, we plan to increase local production of general-purpose semiconductors to address customer needs regarding supply resilience," Poon said.他说:”根据我们的'在中国,为中国'战略,我们计划增加通用半导体的本地化生产,以满足客户对供应弹性的需求。navigatevt.航行于;驾驶,操纵;使通过vi.航行,航空aircraftn. 飞机,航空器quantumn. 量子定量;总量semiconductorn.〈物〉半导体
In this week's episode of China Insider, Miles Yu examines the latest round of reciprocal U.S. tariffs on imported goods from China, Mexico, and Canada, and why China remains the focus of U.S. trade policy. Next, Miles responds to comments from China's Ministry of Foreign Affairs regarding China's readiness for any conflict, trade or otherwise. Lastly, Miles peels back the curtain on the Two Sessions congress held last week in Beijing, and the impact of China's current economic challenges on the CCP's domestic legitimacy.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks the Trump-Zelenskyy Oval Office meeting and what the development in US-Ukraine relations could mean for China. Next, Miles examines Thailand's recent deportation of 40 Uyghur men to China and explains how this disturbing exchange is a strategic outcome of China's expanding coercive campaign in the Indo-Pacific region. Lastly, Miles takes a look at Trump's recent announcement of a U.S. immigration visa Gold Card and what impact this may have on Chinese investors.China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
In this week's episode of China Insider, Miles Yu unpacks the name changes made across the US State Department's website and why these designations carrying significant implications for US foreign policy toward China. Next, Miles peels back the curtain on Xi Jinping's latest meeting with high-profile leaders in China's technology sector, and whether this will truly infuse confidence in the Chinese economy. Lastly, Miles analyzes China's evolving legal warfare campaign against Taiwan across the Global South, and how this impacts the status quo in cross-strait relations. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
China encourages foreign businesses to expand investment in sectors including advanced manufacturing, modern services, high-tech industries and energy conservation, further advancing its economic openness and innovation-driven growth, government officials said on Thursday.2月20日,政府官员表示,中国鼓励外资企业在先进制造业、现代服务业、高新技术产业、节能环保等领域扩大投资,进一步推动经济开放和创新驱动发展。Speaking at a news conference in Beijing, they said that China will soon introduce the 2025 edition of its industry catalog encouraging foreign investment. The new catalog will further expand market access for foreign investors in key industrial sectors.在北京举行的新闻发布会上,政府官员表示中国将尽快发布2025年版《鼓励外商投资产业目录》。新版目录将进一步扩大外资在重点产业领域的市场准入。Their remarks came after the State Council, China's Cabinet, issued an action plan on Wednesday aimed at stabilizing foreign investment this year.2月19日,国务院公布《2025年稳外资行动方案》,做好今年年稳外资工作。随后相关部门作出上述回应。As part of the plan, China will lift restrictions on domestic loans for foreign-invested businesses, allowing them to use domestic financing for equity investments. It will also support pilot regions in effectively implementing opening-up policies related to areas such as telecommunications, biotechnology and wholly foreign-owned hospitals, offering comprehensive services to facilitate foreign-invested projects in these sectors.方案提出,中国将取消外商投资性公司使用境内贷款限制,允许外商投资性公司使用境内贷款开展股权投资。支持试点地区抓好增值电信、生物技术、外商独资医院领域开放试点政策宣贯落实,对相关领域外商洽谈项目开展“专班式”跟踪服务。Hua Zhong, head of the department of foreign capital and overseas investment at the National Development and Reform Commission, said the new catalog will reflect China's economic growth trends and industrial advancements.国家发展改革委利用外资和境外投资司负责人华中表示,新版目录将反映中国的经济增长趋势和产业进步。"We will collaborate with other government branches to align with high-standard international economic and trade rules in key areas, including intellectual property protection, industrial subsidies, labor rights and government procurement, ensuring compatibility in regulations, management and standards," Hua said.华中说:“我们将与其他政府部门合作,在产权保护、产业补贴、劳动权益、政府采购等重点领域,与高标准国际经贸规则接轨,确保在法规、管理、标准方面的兼容性。”Wang Xiaohong, a researcher at the China Center for International Economic Exchanges in Beijing, said the new catalog is expected to further attract capital into emerging industries, reinforcing China's position as a global hub for high-tech and green development.北京中国国际经济交流中心研究员王晓红表示,新版目录有望进一步吸引资本流入新兴产业,巩固中国作为全球高科技中心和绿色发展中心的地位。Yao Jun, director of the department of planning at the Ministry of Industry and Information Technology, said the government will actively support entrepreneurs and investors from all countries in innovating and starting businesses in China, encouraging foreign companies to establish research and development centers and collaborate with domestic enterprises.工业和信息化部规划司司长姚珺表示,政府将积极支持各国企业家和投资人来华创新创业,鼓励外资企业在华设立研发中心,并与国内企业开展合作。China will promote foreign participation in digital development, green transition and smart manufacturing, as well as facilitate localization of advanced technologies and solutions, Yao added.姚珺补充说,中国将支持外资企业参与中国制造业的数字化、绿色化和智能化发展进程,加快先进技术和解决方案在中国的落地和应用。Foreign-invested businesses in China play a significant role in the economy, contributing one-seventh of tax revenue, about one-third of foreign trade and half of electromechanical and high-tech product exports, as well as creating nearly 7 percent of employment opportunities, according to data from the Ministry of Commerce.据商务部数据显示,在华外资企业在中国经济中发挥着重要作用,贡献了七分之一的税收、约三分之一的进出口、二分之一的机电产品和高新技术产品的出口,创造了近7%的就业机会。To date, foreign investment in China spans 20 industrial categories and 115 major sectors. In the manufacturing sector alone, foreign capital is present in 31 major categories and 548 subcategories.截至目前,外商在华投资已覆盖了20个行业门类、115个行业大类。仅在制造业领域,就有31个大类和548个小类都有外商投资。To further enhance national treatment for foreign-invested enterprises, Ling Ji, vice-minister of commerce and deputy China international trade representative, said the country is actively revising its Government Procurement Law and exploring specific standards for "domestic production" by foreign companies in this area.商务部副部长兼国际贸易谈判副代表凌激表示,为进一步提升外资企业的国民待遇,中国正积极推进政府采购法的修订,研究制定外资企业在政府采购领域“中国境内生产”的具体标准。Despite rising geopolitical tensions and the growing trend of unilateralism and protectionism, Ling emphasized that China's vast market, highly efficient industrial and supply chains, and continuously evolving innovation ecosystem provide a strong foundation and fertile ground for multinational companies to invest and expand in the country.凌激强调,尽管地缘政治紧张局势加剧,单边主义、保护主义明显上升,但中国超大规模市场、完备高效的产业链供应链、持续优化的创新环境,这些都为跨国公司在华投资和扩张提供了坚实的基础和良好的土壤。Noting that the United States' tariff hikes disrupt normal China-US economic and trade cooperation and fail to address its own challenges, Zhu Bing, director of the Commerce Ministry's department of foreign investment administration, said that such measures not only harm foreign-invested enterprises in China, including US companies, but also erode multinational corporations' investment confidence and decision-making abilities.商务部外国投资管理司司长朱冰指出,美国加征关税的做法不仅对中美正常经贸合作造成破坏,也无益于解决自身的问题,既不利于包括美资企业在内的在华外资企业发展,也会干扰跨国公司的投资信心和决策能力。"While some foreign, labor-intensive businesses are adjusting their global footprint and reallocating production capacity based on their strategic priorities and comparative advantages, many multinational corporations are evolving their investment strategies to stay competitive in China," Zhu said.朱冰表示:“虽然有一部分劳动密集型外资企业正在根据其战略重点和国内外比较优势,在全球范围内调整布局、重新分配产能,但许多跨国公司正在调整其投资策略,以保持在中国市场的竞争力。”Several foreign companies have expanded production lines for high-tech products, including high-end displays and new energy batteries, signaling a shift toward advanced manufacturing. Others have increased investment in their research and development centers in China, further upgrading their innovation capabilities.有的外资企业增加了高端显示、新能源电池等一些高技术产品的生产线,向先进制造业转变。还有的企业扩大了在华研发中心的投资,进一步提升其创新能力。For example, Panasonic Holdings Corp of Japan will start construction of a factory in Shanghai in July to produce semiconductor packaging materials, with an investment of 120 million yuan ($16.5 million).例如,日本松下控股公司宣布其生产半导体封装材料的新工厂将于7月在上海破土动工,投资额为1.2亿元人民币(1650万美元)。"China's well-developed supply chain, supportive policies, abundant R&D talent, continuously advancing innovation ecosystem and vast market potential make it an attractive destination for multinational companies," said Tetsuro Homma, executive vice-president of Panasonic.松下执行副总裁本间哲郎表示:“中国完备的供应链、支持性政策、丰富的研发人才、不断优化的创新环境和巨大的市场潜力,让它成为对跨国公司颇具吸引力的投资目的地。”Data from the Ministry of Industry and Information Technology shows that China saw actual use of foreign investment in the manufacturing sector exceed 220 billion yuan in 2024, after it removed all market access restrictions for foreign investors in the sector last year.据工信部数据显示,2024年中国全面取消制造业外资准入限制后,这一年制造业实际使用外资超过了2200亿元人民币。equityn.(公司的)股本;股票
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