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China vows punishment as death toll hits 26 in Hunan fireworks factory blast
ACTU
05/05/2026

China vows punishment as death toll hits 26 in Hunan fireworks factory blast

The death toll from a fireworks factory explosion in Liuyang, Hunan province rose to 26 on Tuesday as Beijing sent Vice-Premier Zhang Guoqing to supervise the aftermath of the blast, according to Chinese state media. Zhang said the State Council, China’s cabinet, would establish an investigation team to look into the cause and help with criminal punishment, official news agency Xinhua reported. Zhang has pledged to punish firework producers that violate safety regulations, as well as regulators...

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SCMP News
1 min de lecture
China Unveils 12-Point Plan to Protect Gig Economy Workers by 2027
En développement
Business·27/04/2026Résumé IA

China Unveils 12-Point Plan to Protect Gig Economy Workers by 2027

China has issued a 12-point plan to strengthen protections for gig economy workers, addressing wage payments, social security, extreme weather protections and algorithm transparency. The State Council and Communist Party's Central Committee target standardized labor practices across the platform economy by 2027, as an economic slowdown drives millions into informal jobs.

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SCMP Tech
1 min de lecture
China targets greener AI data centres, heavy industry in push to meet 2030 climate goals
ACTU
23/04/2026

China targets greener AI data centres, heavy industry in push to meet 2030 climate goals

China has released new guidelines to reduce carbon emissions across strategic sectors – including energy-intensive data centres – as Beijing pushes to secure its 2030 climate targets amid volatile energy prices triggered by the US-Israeli war in Iran. The 18-point document, issued by the ruling Communist Party’s powerful Central Committee and the State Council, China’s cabinet, called on heavy industries – including steel, non-ferrous metals and chemicals – to boost energy efficiency and...

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SCMP Economy
China Unveils 100-Trillion-Yuan Plan to Modernize Service Sector, Fuse Manufacturing with Producer Services
En développement
Business·22/04/2026Résumé IA

China Unveils 100-Trillion-Yuan Plan to Modernize Service Sector, Fuse Manufacturing with Producer Services

China's State Council unveiled a 100-trillion-yuan (US$14.7 trillion) blueprint on Tuesday to modernize its service sector by 2030, shifting focus from lifestyle services to producer services such as logistics, IT, and financial services. The plan aims to fuse advanced manufacturing with specialized technical support while preventing premature deindustrialization, analysts say.

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SCMP Economy
1 min de lecture
China's Volume-Based Drug Procurement Policy Creates Two-Tier Market
En développement
Business·22/04/2026Résumé IA

China's Volume-Based Drug Procurement Policy Creates Two-Tier Market

China's volume-based procurement policy forces multinational drug companies to lower prices for public hospital purchases while allowing biotech firms to charge premium prices in the private market. The dual-track system benefits internet healthcare platforms and private healthcare providers like Alibaba Health, Yifeng and Hygeia, according to Citi research.

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SCMP Economy
1 min de lecture