The Promotion of the Private Economy Law of the People's Republic of China Passed
China passed and implemented the Private Economy Promotion Law on May 20, the first foundational law in New China specifically regulating the private economy.
China passed and implemented the Private Economy Promotion Law on May 20, the first foundational law in New China specifically regulating the private economy.
Incumbent CSRC Vice Chairman Wang Jianjun is under investigation.
Around April 29, 2025, an open letter signed by Lin Ying, dean of the School of Biology and Biological Engineering at South China University of Technology, and Han Shuangyan, calling for resistance to dictatorship, circulated online. The university's official website subsequently removed their personal profiles, and the authenticity of the letter remains in doubt.
On April 27, the CPPCC website published a speech by Xi Jinping: The Chinese Communist Party keeps its word. All 56 ethnic groups across China have been lifted out of poverty, not a single one left behind — this is a solemn pledge.
On April 25, 2025, a Chinese netizen was criminally detained by police on suspicion of picking quarrels and provoking trouble, for circumventing the Great Firewall to fill in real working conditions such as evening overtime at a former employer on an overseas job-seeking website, prompting questions about the abuse of pocket offenses and the conviction of online speech.
According to a report dated April 25, 2025 by Pingshan County's official account "Pingshan Fabu," a local villager aged 60 or above with family difficulties applied for an 82,300 yuan "social security credit loan" and completed the pension insurance make-up contribution procedures on site.
From 2010 to 2024, the permanent resident population of the three northeastern provinces dropped by 14.56 million from a peak of 109 million, including 2.23 million in Liaoning, 4.293 million in Jilin, and 8.043 million in Heilongjiang, bringing the total back to the level of the 1980s.
On April 17, 2025, Chuck Grassley, Chairman of the US Senate Judiciary Committee, sent letters to the Department of Justice and the Federal Bureau of Investigation, demanding an investigation into whether the left-wing groups "Code Pink" and "People's Forum" were suspected of violating the Foreign Agents Registration Act and receiving funding from the Chinese Communist Party.
After the EcoHealth Alliance announced its impending closure following the anti-science investigation controversy, Peter Daszak announced the establishment of a new non-profit organization, Nature Health Global, to continue operations.
Wang Qunshan, a wealth manager at a Postal Savings Bank in Shangqiu, Henan Province, was found dead by hanging early the next morning after his superiors discovered problems in his work and he was spoken to by leaders; subsequently, his economic crime of embezzling more than 10 million yuan of depositors' funds came to light.
Media reports say that in Jiayuguan, Gansu, a 14-year-old student was handed over by his parents to a non-professional surnamed Zhao, who had a criminal record, for discipline. Zhao and others took the boy to the Gobi Desert and a residence, where they beat him, causing hemorrhagic shock and asphyxiation that led to his death.
April 10, 2025, the White House clarified that the newly imposed 125% “reciprocal tariff” on China, combined with the previously imposed 20% tariff due to fentanyl, brings US tariffs on most Chinese goods to a total of 145%.
The Trump administration had raised tariffs on Chinese goods to 145% earlier this year, after which China and the United States temporarily lowered tariffs and maintained a trade truce. Trump said relevant talks would be held during the summit.
On April 10, 2025, Song Mouqi, a staff member of the special task force of the Supervisory Commission of Gangcha County, Qinghai, impersonated someone and sent private messages insulting Long Mou, a woman who was seeking justice for her brother, calling her a "comfort woman" and threatening her personal safety; after verifying the facts, the police imposed no administrative penalty, and the supervisory commission only gave internal criticism and education.
On April 9, 2025 (US Eastern Time), after violent swings in the bond and stock markets, Trump announced a 90-day suspension of reciprocal tariffs (except for China), and the three major US stock indexes immediately surged.
On April 9, 2025, Hong Kong's Innovation and Technology Bureau, together with the Census and Statistics Department, incorporated product design, data services, software development, testing and certification, and professional technical services into the new category of manufacturing and emerging industries. After being incorporated into the category in 2023, the value added amounted to HK$76.8 billion, accounting for 2.6% of GDP.
China has implemented export controls on medium and heavy rare earths since April 2025.
The Political Bureau of the CCP Central Committee made a rare decision to swap the ministerial positions of Li Ganjie, then head of the Organization Department of the CCP Central Committee, and Shi Taifeng, head of the United Front Work Department of the CCP Central Committee.
On April 2, 2025, Trump announced "Liberation Day" reciprocal tariffs, imposing a minimum 10% tariff on imports from around the world, triggering a sharp decline in global financial markets.
The Shanghai, Shenzhen, and Beijing stock exchanges jointly released new regulations on quantitative trading, drawing a line for high-frequency trading at more than 300 orders per second or more than 20,000 orders per day, and implementing differential fees.
Construction has begun on the first three controlling tunnels of the China-Kyrgyzstan-Uzbekistan Railway within Kyrgyzstan, each of them over ten kilometers long.
The Wall Street Journal, citing anonymous sources, reported that Changpeng Zhao agreed to provide evidence regarding Justin Sun as part of his plea deal with the U.S. Department of Justice; Zhao has denied the report.
Justin Sun publicly claimed that First Digital, the trustee of the stablecoin TUSD, was insolvent, and the related stablecoin FDUSD at one point fell to $0.87; First Digital subsequently sued Justin Sun for defamation in Hong Kong.
The Financial Times reported that Dong Jun was questioned by a special task force in late 2024 and underwent a preliminary investigation, after which he was not subject to further proceedings.
In April 2025, the Beijing International Film Festival held a master class for Jiang Wen, where he responded on-site to questions regarding movie metaphors.
Xi Jinping has proposed "concentrating efforts to overcome high-end chip challenges," demanding the construction of autonomous and controllable artificial intelligence software and hardware systems.
In April 2025, Shi Tingfu told his son during a phone call that he felt weak all over every day. His health problems were previously on record.