China Digest

Economics and policy from China’s newspapers

Thursday September 14, 2017

China plans nationwide use of ethanol in gas by 2020

China plans to expand the use of ethanol gasoline nationwide by 2020 and expand to commercial scale by 2025, the country’s state media Xinhua reported, citing a government announcement.

Seven coal giants to lead SOE reform in Shanxi province

Shanxi province has been urged by the State Council to increase the intensity of state-owned enterprises’ mixed ownership reform. The seven coal giants in the province are expected to lead the SOE’s reforms, the Securities Daily reported.

State Council to boost consumption by industry upgrade

China’s State Council announced a new guideline with an aim to boost consumption within the country, by increasing products and service quality, according to Yicai.com.

Analysts think yuan to dollar exchange remains ‘flexible’

Analysts at a forum in Beijing said that the yuan to US dollar exchange rate still has room to maneuver, according to a report from Yicai.com.

First quantum communication network lands in Jinan

China’s first quantum communication network in Jinan has passed expert review, the 21st Century Business Herald reported, citing information released on the provincial government’s website.

Land use reform in rural China extended to 2018

Three trial reforms for land use in rural areas which were scheduled to be completed by 2017, will be extended to the end of 2018, the 21st Business Herald reported.