On November 30, China’s Supreme People’s Court (SPC) finally declared Nie Shubin innocent, ending a miscarriage of justice that has persisted for two decades – but too late for Nie himself. Then a 20-year-old worker in Shijiazhuang, Hebei Province, Nie was sentenced to death in March 1995 for supposedly raping and killing a female worker surnamed Kang in a corn field of a village in the outskirts. He was executed one month after his appeal was rejected by the higher-level court.
China’s National Health and Family Planning Commission (NHFPC) made its first official appraisal of the new two-child policy on November 26, claiming it has conformed to the department’s preliminary anticipations.
Chinese President Xi Jinping met with former US secretary of state Henry Kissinger on November 2 in Beijing, sending a positive signal on the development of the Sino-US relationship when the US is about to change its administration.
The Chinese government held its annual Central Economic Working Conference on December 14, defining the general direction and objective for the country’s economic development and reform in the coming year.
China’s pricing department, the National Development and Reform Commission (NDRC), announced on December 7 that they had imposed a 118.5-million yuan (US$18.3m) fine on the Shanghai branch of Medtronic, a leading international medical instrument supplier based in the US, for monopoly practices in the diabetes, cardiovascular diseases and after-treatment sectors.
Investors in Shenzhen and Hong Kong were allowed to buy a defined range of stocks of the other side’s market via local security companies or agents as of December 5, 2016.