A new Beijing Stock Exchange is good news for technology-focused small- and medium-sized enterprises, especially those with innovation potential but may not fit the listing requirements of traditional exchanges. Not only that, it will likely give a boost to SMEs in the north, helping to balance regional economic imbalances.
With President Xi Jinping’s announcement of a new Beijing Stock Exchange, innovation-oriented SMEs will benefit and Beijing’s stock as a credible financial centre will also rise. Not only that, it is hoped that this will show China’s resolve to continue pursuing the market economy as it continues its push for “common prosperity”.
While Beijing has objected strongly to the Lithuanian government's move of allowing Taiwan to open a representative office under the name “Taiwan” rather than “Taipei”, Taiwan has lashed out at “autocratic” Beijing, saying that its ties with Lithuania are based on the shared values of freedom, democracy, respect for human rights and the rule of law. Japanese academic Shin Kawashima examines the names of Taiwan's overseas offices and of various countries' offices in Taiwan, analysing the subtleties behind the different naming conventions.
With China’s annual gaokao or university entrance exams ending yesterday, Zaobao correspondent Yang Danxu looks at the furore caused by a Beijing student who had left his test centre early and seemingly breezed through the exam. Netizens were quick to point out that regional differences in resources, administration and test papers have led to unfair advantages. In the face of serious concerns, is it time to look this perennial issue squarely in the face?
China is reacting to sanctions imposed by the West with sanctions of its own, with the latest salvo affecting US and Canadian individuals and entities. Zaobao correspondent Yu Zeyuan looks at the factors behind China’s increasing penchant for tit-for-tat sanctions.
Audience ratings of the CCTV New Year’s Gala give quite an accurate reflection of north-south divides, which judging by the latest economic information, are still very relevant in China today. Zaobao correspondent Yang Danxu casts a keen eye on the data.
How do urban planners go about their work and what contributions do they make to the building of liveable cities? Ke Huanzhang, former head of the Beijing Academy of Urban Planning and Design, is all for the seamless melding of a good ecological environment, living facilities, jobs and public services in a city. Liu Thai Ker, the former chief architect and CEO of Singapore’s Housing Development Board, says a good planner needs to have the heart of a humanist, the brain of a scientist, and the eye of an artist. Tan Ying Zhen speaks to the veteran urban planners as part of a series of fireside chats put together to commemorate the 30th anniversary of diplomatic relations between Singapore and China.
After largely bringing the coronavirus under control, and keeping Beijing out of the fray, China is facing the possibility of a fresh outbreak, this time focused on a cluster involving the Xinfadi wholesale market in Beijing. That the coronavirus was found on a chopping board for cutting imported salmon has sparked much debate about transmission via salmon, and the prospect of a second wave of Covid-19. Zaobao correspondent Yang Danxu weighs up how Beijing will tackle the problem.
Zaobao's Beijing correspondent Yang Danxu often marvels at the spending power of Chinese white-collar workers around her, and she too was surprised when Chinese Premier Li Keqiang remarked that China has 600 million people with a monthly income of 1,000 RMB. That is more than 40% of the Chinese population, and the figures portray a reality that is starkly different from common perception. Are Chinese people moving up the income ladder and are their lives becoming better as is the common refrain? Yang examines the facts.