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Policies & laws

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Primary and secondary schools in many parts of China adjust schedules, delaying school start times and canceling morning reading

11.08 ·Reported ·Importance II ·Sources 1 ·China

On November 8, Chinese media reported that primary and secondary schools in many parts of the country have adjusted their schedules, delaying school start times and canceling morning reading sessions. Netizens commented that canceling extended school services is the only real measure to reduce time spent at school, and netizens from many provinces stated that local school schedules have not been adjusted, with student pressure remaining excessively high.

The Fifth Plenary Session of the 20th CCP Central Committee Held in Beijing

11.06 ·Official claim ·Importance V ·Sources 1 ·Beijing

The Fifth Plenary Session of the 20th CCP Central Committee was held. The communique shows that the number of Central Committee members and alternate members has decreased by 97 compared to the 20th National Congress. The meeting passed a decision on strict party governance and scheduled the 21st National Congress for the second half of 2027.

The NPC Standing Committee Passes the Anti-Transnational Corruption Law, Effective Today

11.06 ·Reported ·Importance III ·Sources 1 ·Beijing

On November 6, the NPC Standing Committee voted to pass the Anti-Transnational Corruption Law, consisting of 6 chapters and 47 articles, which comes into effect today. Targeting corrupt individuals who transfer assets overseas, this law provides a legal basis for recovering fugitive assets and holding individuals accountable, while requiring cross-border operating enterprises to establish integrity and compliance management departments.

Musk recalls Chinese officials once demanding Tesla form a joint venture with a Chinese company

11.06 ·Reported ·Importance II ·Sources 1 ·United States

On November 6, at the Baron Investment Conference, Musk recalled Tesla's efforts to build a wholly-owned factory in China, stating that Chinese officials shouted at him to his face, demanding that Tesla must form a joint venture with a Chinese company. Eventually, China amended its foreign equity ratio policy to allow for wholly-owned factories.

University of the Chinese Academy of Social Sciences Establishes School of Obscure Studies to Research Ancient Ethnic Scripts

11.06 ·Reported ·Importance II ·Sources 1 ·Beijing

On November 6, the University of the Chinese Academy of Social Sciences established the School of Obscure Studies in Beijing to research over a dozen ancient ethnic scripts, including Old Turkic, Tangut, Khitan, and Jurchen, as well as oracle bone inscriptions and bamboo/silk manuscripts. The university stated that this would provide academic support for the long-term stability of border regions, and Vice Dean Zhao Rui described it as a concrete measure to implement the discourse of Xi Jinping.

Central Bank Report: Number of Local Government Financing Vehicles Decreased by 92% Since End of March 2023

11.05 ·Reported ·Importance III ·Sources 1 ·Beijing

On November 5, Pan Gongsheng, Governor of the People's Bank of China, reported on financial work to the Standing Committee of the National People's Congress: As of the end of September this year, the number of remaining local government financing vehicles nationwide has decreased by 92% compared to the end of March 2023; as of the end of June, the stock of operational financial debt has decreased by 79%. The report also disclosed that the cumulative approval for real estate 'white list' loans has exceeded 8.4 trillion yuan, and that officials have established a liquidity support tool for clearing arrears and held talks with leading enterprises that have defaulted on payments.

National Healthcare Security Administration Responds to Seven Consecutive Years of Decline in Resident Medical Insurance Enrollment, Down by 83 Million

11.05 ·Reported ·Importance III ·Sources 1 ·China

On November 5, Zhang Chenguang, an official from the National Healthcare Security Administration, explained at a media briefing that the decline in enrollment was due to the removal of approximately 25 million duplicate registrations, the transition of over 60 million people to employee medical insurance, and population decline. He stated that this is a reasonable and normal decline and explicitly prohibited the assignment of mandatory enrollment quotas.

4.648 million marriage registrations nationwide in the first three quarters, a year-on-year decrease of 9.78%

11.04 ·Reported ·Importance III ·Sources 1 ·China

Data from the Ministry of Civil Affairs on November 4 shows that in the first three quarters of this year, 4.648 million couples registered for marriage nationwide, a year-on-year decrease of 504,000 couples, or 9.78%. The decline in the third quarter widened to 14.9%; divorce registrations increased slightly by 5,000 to 2.082 million.

CSRC Issues Window Guidance to Suspend IPOs and Large-Scale Share Sales by Shareholders

11.03 ·Reported ·Importance IV ·Sources 1 ·China

According to a Financial Times report on November 3, citing three people familiar with the matter, the China Securities Regulatory Commission (CSRC) held meetings with investment banks over the past few days, issuing informal window guidance to suspend corporate IPOs and halt large-scale share sales by existing shareholders until the market recovers.

Shanghai Bendibao reports that the minimum contribution period for pensions will gradually increase to 20 years starting in 2030

11.03 ·Reported ·Importance III ·Sources 1 ·Shanghai

On November 3, the Shanghai Bendibao WeChat official account posted that starting in 2030, the minimum contribution period for employees to receive a basic pension will be gradually increased from 15 to 20 years, rising by 6 months each year until it reaches 20 years in 2039. Netizens in the comment section responded with sarcasm and mockery.

Draft Amendment to Criminal Procedure Law Submitted for Review, Proposing to Explicitly Write 'Presumption of Innocence' into Law for the First Time

11.02 ·Reported ·Importance IV ·Sources 1 ·Beijing

On November 2, a draft amendment to the Criminal Procedure Law of the PRC was submitted to the Standing Committee of the National People's Congress for its first review. It proposes to explicitly write for the first time that 'no person shall be found guilty without a judgment by a people's court in accordance with the law, and presumption of guilt is prohibited,' and intends to restrict the application of residential surveillance in designated locations. Scholars warn that adding these six characters requires a systematic upgrade of provisions regarding evidence and the right to defense.

Central Bank Announces Third Swap Facility Operation on Nov 3, with Application Quota Exceeding 100 Billion RMB

11.02 ·Reported ·Importance III ·Sources 1 ·China

On November 2, the Chinese central bank announced that it will launch the Securities, Funds and Insurance companies Swap Facility (SFISF) operation on November 3, with a one-year term that can be extended as appropriate. 31 securities and fund companies have already reported their demand, with application quotas exceeding 100 billion RMB. This marks the third operation following those in October 2024 and January 2025.

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