![]() ![]() ![]() “China firmly opposes the invitation by the U.S. Taiwan, a Democratic self-governing territory claimed by the country, will participate, further inflaming tensions. “In such a large country with 56 ethnic groups and more than 1.4 billion people, if there is no party leadership, … and we uphold the so-called democracy of the West, it will be easy to mess things up and democracy will work the opposite way,” Tian said.Ĭhina was not among the 110 countries invited to the summit. “Such democracy brings not happiness but disaster to voters,” he offered at a news conference, before touting the merits of China’s own authoritarian system. Tian Peiyan, deputy director of the Communist Party’s Policy Research Office, cited the coronavirus pandemic, saying the crisis was deepened in America by the polarization and partisanship. Top Eric Adams aide’s company got Chinese communist cashĪir Force warns Chinese military’s effort to recruit US troops, vets to ‘exploit’ themĬhina’s iPhone ban for government workers roils Apple, other tech stocksĬhina’s Communist leaders offered an acid denunciation of western-style democracy in advance of President Biden’s two-day democracy summit next week.ĭemocratic systems, like those in the United States, are “doomed to fail,” top Chinese officials said, the Associated Press reported. All rights reserved.Africa’s coup epidemic reveals weakness in Washington Copyright © 2023 South China Morning Post Publishers Ltd. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. The plethora of government support under the MIIT plan would involve various tax relief and funding measures, talent acquisition and implementation of favourable industry policies. The agency is also targeting an average growth of 5 per cent in the computing, telecommunications and electronics equipment manufacturing sectors from 2023 to 2024. The MIIT also aims to expand sales of 5G smartphones, which will account for more than 85 per cent of China's handset shipments by 2024. The country is also expected to enhance the supply chain for relevant materials, equipment and components. Under that plan, China will not only focus on the development requirements of the digital economy, but also on the expansion of related areas such as semiconductors and new display technologies. ![]() In a separate announcement, the MIIT on Tuesday unveiled a working plan from 2023 t0 end-2024 to help boost the country's electronic information industry, which it described as the "strategic, foundational and frontier industry of the national economy". Its survey also found some 830,000 app developers nationwide during the same period. There were 2.61 million apps operating on the mainland at the end of July, according to data from the MIIT. Providers of information services, one of the three main internet market segments tracked by the MIIT, saw total revenue decline 2.6 per cent in the January-to-July period. ![]() Those figures reflect the reinvigorated state of the country's tech sector on the back of Beijing's pro-growth policy for Chinese Big Tech companies. Overall revenue for the sector grew 2.8 per cent year on year to 766.6 billion yuan in the same period, according to the MIIT report published late last month.ĭo you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The latest survey by the Ministry of Industry and Information Technology (MIIT) of so-called Chinese scaled internet services firms - those with an annual turnover of more than 20 million yuan (US$2.7 million), which include the sector's largest players and various small providers - showed aggregate profits of 79.93 billion yuan in the January-to-July period, a 29.1 per cent increase from a year earlier. China's internet sector saw total profits rise significantly in the first seven months of the year, driven by the e-commerce and on-demand local services market segments, as major industry players went back into expansion mode after the government lifted rigid Covid-19 control measures and ended a 32-month regulatory crackdown. ![]()
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