# State Council
Latest news and articles about State Council
Total: 11 articles found

Technocrat with Global Pedigree: China Taps Market Veteran Liu Haoling for Top Securities Post
Liu Haoling, a veteran of China's sovereign wealth fund with an international academic background, has been appointed Vice Chairman of the CSRC. His extensive experience in risk management and compliance is expected to play a key role in Beijing's efforts to stabilize and professionalize its domestic capital markets.

The Reluctant Investor: Why China’s Policy Blitz Fails to Stir Private Capital
China has launched a new wave of investment reforms aimed at reviving private sector confidence by streamlining approvals and overhauling Public-Private Partnership (PPP) models. Despite these efforts, private investment remains sluggish as entrepreneurs demand genuine fair treatment and the removal of systemic entry barriers that favor state-owned enterprises.

Chasing 2035: Beijing Intensifies Self-Reliance Drive and Maritime Ambitions
Premier Li Qiang chaired a State Council meeting focusing on achieving the 2035 tech powerhouse goal and expanding the maritime economy. The leadership emphasized self-reliance in core technologies and approved new procedures for administrative legislation to support high-quality development.

Beijing’s Tech Mandate: Li Qiang Signals Strategic Shift Toward Innovation and the Blue Economy
Chinese Premier Li Qiang has chaired a State Council meeting focusing on accelerating scientific innovation and the high-quality development of the marine economy. The session also approved revisions to administrative regulation procedures, aiming to align China's legal and governance frameworks with its long-term technological and strategic ambitions.

Servicing the Future: China’s 100 Trillion Yuan Bet on a Post-Industrial Growth Engine
China has issued a major strategic directive to expand its service sector to 100 trillion yuan by 2030, focusing on high-end producer services and quality consumer sectors like healthcare and elderly care. The plan includes targeted openings for foreign investment in telecommunications and biotechnology to drive global competitiveness.

Beijing Imposes Lifetime Liability to Curb Wasteful State Investment and Local Debt
The Chinese State Council has introduced a landmark reform to the investment approval system, mandating lifetime accountability for officials to prevent wasteful spending and local debt. The guidelines aim to tighten oversight on state-owned enterprises while streamlining bureaucracy to attract private investment in infrastructure.

Catalyzing Sovereignty: China’s Scientific Breakthrough Signals Shift in Industrial Strategy
China has announced a major breakthrough in catalysis research, coinciding with state-level reforms to streamline investment into high-tech sectors. These developments signal a strategic shift toward industrial self-sufficiency as the country faces increasing geopolitical pressure and moves to phase out its reliance on real estate-driven growth.

Beijing Eyes Mass Reskilling as Robotics and AI Face Large Talent Shortages
China’s State Council research office says structural mismatches in the labour market are producing acute shortages in technical fields such as AI, new-energy engineering and robotics, with demand-to-supply ratios above 3:1 and as high as 5.2:1. Beijing plans large-scale subsidised vocational training, education adjustments and measures to formalise domestic services employment to close the gap and stabilise jobs.

China Maps Out National Electricity Market to Speed Renewable Integration and Break Provincial Barriers
China's State Council has issued a roadmap to establish a unified national electricity market, targeting a functional system by 2030 and full completion by 2035, with spot markets to be essentially formalised by 2027. The plan seeks to break provincial market barriers, standardise rules and data, expand market instruments including spot, capacity and green certificate markets, and balance marketisation with government oversight to protect system security.

Politburo Endorses 2026 Workplans and Tightens Party Oversight as China Enters 15th Five‑Year Period
China’s Politburo, chaired by Xi Jinping, reviewed and approved 2026 workplans for the Party leadership groups embedded in the country’s major state and judicial organs, praising 2025 performance and calling for strict implementation of Party directives. The meeting underlined centralised leadership, strengthened Party governance, and a focus on achieving a stable start to the 15th Five‑Year period while reducing formalism at the grassroots.

China Signals Boost for Services: State Council Expands Financial Support and Loan-Interest Subsidies to Drive Consumption
Beijing has launched a comprehensive plan to cultivate new service-sector consumption drivers and to optimise loan-interest subsidies for service businesses. The package pairs sectoral pilots — from rail-tourism to home-care and ultra-high-definition video — with stronger fiscal and financial support, aiming to boost domestic demand and create jobs while exposing implementation and credit-risk challenges.