State Council


Shanghai to open up and expand its service sector

Shanghai to open up and expand its service sector

(ATF) Shanghai is to lead the way with a pilot project for China’s service industry. The State Council recently approved a plan for the city to undergo a three-year trial to expand and open up its service sector – with a more standardised system, more effective supervision, relaxed market access …

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China's massive telecom and gigabit Internet plans going well

China's massive telecom and gigabit Internet plans going well

(ATF) On Friday morning (March 19), the State Council Information Office held a press conference to remind citizens that parts of the government's work was proceeding well – the number of Internet users in China had increased to 989 million, and just over 70% of people had access to the …

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'Dirty dozen' fined in anti-monopoly crackdown

'Dirty dozen' fined in anti-monopoly crackdown

(ATF) China's General Administration of Market Supervision has issued 10 complaints against internet firms in accordance with the anti-monopoly law and some big names were among them – such as Baidu, Tencent and Suning.After investigation, the firms (listed below) were all found to have violated Article 21 of the Anti-Monopoly …

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State Council work report shows strong employment growth

State Council work report shows strong employment growth

(ATF) At the current ‘Two sessions' meeting in Beijing, China's State Council submitted its work report. News on the work front was positive.From the perspective of "major macroeconomic indicators", officials said that 11.86 million new urban jobs were created in 2020. Urban surveys showed the unemployment rate averaged of 5.6%, …

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China turns reform focus onto insurance sector

China turns reform focus onto insurance sector

(ATF) China has drawn up reform plans for its insurance industry to meet the growing health and financial needs of the country’s ageing population.In a statement seen by ATF, China’s State Council has deployed measures to promote the expansion and quality of its life insurance industry under the Regulations on …

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