China’s 20th Party Congress signalled that the government is focused on dual circulation, in particular domestic circulation. However, that does not mean that China has the intention for implementing a closed-door policy. In fact, a healthy domestic circulation will boost China's ecosystem for innovation and growth and help China further open up.
Taiwan’s semiconductor sector is booming, but the long hours and tough work is driving away the younger generation, who are opting for careers that provide work-life balance. How can the Taiwan government and tech enterprises attract new blood into this industry that is critical to Taiwan's economic growth?
China recently announced that its space exploration programme will recruit payload specialists from Hong Kong and Macau, sparking excitement for the people of Hong Kong. While the announcement is a recognition of the special administrative region’s R&D capabilities, some believe that it is an effort to win over the people of Hong Kong and boost their sense of belonging and patriotism. Lianhe Zaobao’s China Desk takes a look at what this opportunity means for Hong Kong.
China's renowned virologist Guan Yi has reappeared in public as the newly appointed chief of the Shanghai Virus Research Institute, after being denounced for his alarmist views of the pandemic at the start of its outbreak and speaking against the zero-Covid measures. But now, will his return mark an end to the harsh restrictions that have left the Chinese economy in a dire state?
The belief that immigrants would ruin the employment market is unfounded, says economics professor Li Jingkui. With bold and ambitious entrepreneurial spirits, immigrants are more likely to be “job creators”, rather than “job takers”, while the resulting increase in demand for goods and services even supports economic growth.
The rapid rise of “the cosmos club” has paralleled China's rising aspiration to take on a prominent role in the international “space club”. Li Cheng, director of the John L. Thornton China Center of the Brookings Institution, takes a closer look at the career paths and institutional associations of emerging rocket scientists in China’s national and provincial leadership.
Political commentator Jin Jian Guo believes that the semiconductor Great Leap Forward pushed by the Chinese authorities could have the same devastating effects as the Great Leap Forward of the past. In an industry that is globally interconnected, persisting with the impossible endeavour of becoming fully self-reliant would only result in further instances of failing to learn from history.
An anti-graft crackdown targeting the China Integrated Circuit Industry Investment Fund is rattling the entire semiconductor industry. What is the "Big Fund" and how does it work? What are its most recognised and controversial projects and how did it play a role as a fund of funds? And what’s the role of Sino IC Leasing Co. in all this?
With rising US-China tensions and American society’s dissatisfaction with China, as well as a shrinking higher education market, Chinese academics teaching China-related humanities subjects in the US and their already-marginalised departments and courses have been affected. US academic Wu Guo believes that the future generation’s understanding of the Chinese language and of China's culture and history will deteriorate as a result and worsen the disconnect between the US and China.