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News Brief

The Communist Party of China (CPC) celebrated its centenary on July 1 with a series of celebrations in Beijing and around the country.

Five Chinese departments related to market supervision issued rules for the supervision system of equal and fair competition on July 8.

China National Petroleum Corporation (CNPC) announced in late June that its Changqing Oilfield branch has discovered 1 billion tons of shale oil in the Ordos basin in northwestern China. It is the biggest shale oilfield discovered in China.

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Giant pandas are no longer endangered in the wild but they are still vulnerable, with an estimated wild population of 1,800, China’s environmental authorities announced on July 7.

China’s National Bureau of Statistics (NBS) recently issued the 2021 Statistical Classification of Digital Economy and its Core Industries, a document which for the first time defines the range of the digital economy and provides a statistical standard for measuring China’s digital economy.

China’s State Council Financial Stability and Development Committee announced at a working conference on May 21 it will tighten control of financial risk and crack down on Bitcoin transactions and mining.