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2026-02-14 Saturday

2026-02-22

20:17:06

The General Office of the Guizhou Provincial People's Government recently issued "Several Policy Measures on Cultivating and Strengthening Business Entities," proposing to implement a new round of state-owned enterprise reform, continuously deepen the reform of the labor, personnel, and distribution systems, improve the classified assessment and evaluation system, and improve the "one enterprise, one policy" assessment mechanism to comprehensively enhance the effectiveness of state-owned asset supervision. It also calls for the orderly promotion of cross-level integration and restructuring of provincial, municipal, and county-level state-owned enterprises with high relevance to the province's leading industries, promoting optimal resource allocation and comprehensively enhancing core competitiveness. Simultaneously, it emphasizes promoting the reform and transformation of financing platforms, orderly advancing their market-oriented, substantive, and rule-of-law transformation, supporting classified enterprise integration and restructuring according to the principle of "merging within the same industry and industry relevance," promoting the transformation of platforms towards market-oriented businesses such as urban operation and industrial investment, guiding financial institutions to support the resolution of existing debt risks in accordance with laws and regulations, guiding cities and counties to formulate and improve reform and restructuring plans after the exit of financing platforms, and strictly prohibiting the establishment or transformation of various types of financing platforms.

20:03:09

Sichuan University has attached great importance to the reports concerning its faculty member Wang Zhuqing and has established a special task force to conduct a comprehensive investigation. The investigation involved interviews with faculty and students, in-depth review by experts, and audits of project funding. The investigation revealed that Wang Zhuqing engaged in research misconduct, including falsifying and altering experimental research data, publishing duplicate papers, and improper authorship. Of the 28 papers reported, 6 had issues, including 4 with falsified or altered image data (1 of which also had issues with duplicate image publication and improper authorship), and 2 with duplicate image data publication. In addition, among her unreported papers, 1 had duplicate image publication and 1 had improper authorship. Of these problematic papers, 2 were journal articles and 6 were conference papers. Wang Zhuqing also failed to complete the necessary procurement procedures for academic conference services and failed to return surplus conference funds to the university. In light of issues such as misappropriating 10,000 yuan in research funds, inappropriate communication methods with graduate students, and significant conflicts with some students, the university has decided, in accordance with the "Regulations on Disciplinary Actions for Staff Members of Public Institutions" and relevant university regulations, to demote Wang Zhuqing (from specially appointed researcher to specially appointed associate researcher), suspend her graduate student recruitment qualification, disqualify her from applying for government-funded science and technology projects for 5 years, and report the research papers and projects related to her research misconduct to relevant departments. The university will also respect the students' wishes by adjusting the advisors for those supervised by Wang Zhuqing and provide them with care and support. The university will hold relevant responsible units and individuals accountable, and will further strengthen fund management, comprehensively enhance research integrity education and professional ethics among faculty members to maintain a clean and upright educational environment. Finally, the university thanks the public for their concern and supervision.

14:42:59

[The Ministry of Finance and two other departments issued a notice regarding preferential import tax policies for energy resource exploration, development, and utilization during the 15th Five-Year Plan period] The Ministry of Finance and two other departments issued the "Notice on Preferential Import Tax Policies for Energy Resource Exploration, Development, and Utilization during the 15th Five-Year Plan Period." The notice states that for self-operated projects conducting oil (natural gas) exploration and development operations in my country's marine areas (referring to China's inland waters, territorial sea, continental shelf, and other marine resource jurisdictional areas, including shallow beaches and tidal flats, the same below), as well as offshore oil and gas pipeline emergency rescue projects, equipment (including technical data imported with the equipment according to the contract), instruments, spare parts, and special tools that cannot be produced domestically or whose performance cannot meet the needs, and which are directly used for exploration and development operations or emergency rescue, will be exempt from import duties. For Sino-foreign cooperative projects conducting oil (natural gas) exploration and development operations in my country's marine areas (including "old" foreign cooperative projects approved before December 31, 1994), equipment (including technical data imported with the equipment according to the contract), instruments, spare parts, and special tools that cannot be produced domestically or whose performance cannot meet the needs, and which are directly used for exploration and development operations, will be exempt from import duties and import-related value-added tax. For imported natural gas (including pipeline natural gas and liquefied natural gas, hereinafter the same) received by cross-border natural gas pipelines and imported liquefied natural gas receiving and storage facilities projects approved by the National Development and Reform Commission, as well as imported liquefied natural gas receiving and storage facility expansion projects approved by provincial people's governments, a certain percentage of import-related value-added tax will be refunded. This notice is valid from January 1, 2026 to December 31, 2030. (Ministry of Finance)

11:45:44

[Four Departments Including the People's Bank of China: Strengthen Multi-Sectoral Financial Coordination and Encourage Financial Institutions to Issue Special Financial Bonds for Micro, Small and Medium-sized Enterprises and Agriculture] The People's Bank of China, the State Financial Regulatory Commission, the China Securities Regulatory Commission, and the Ministry of Agriculture and Rural Affairs jointly issued the "Opinions on Coordinating the Establishment of a Regular Financial Support Mechanism to Help Prevent Poverty and Promote Rural Revitalization." The Opinions require strengthening multi-sectoral financial coordination, leveraging the financing function of the bond market, and encouraging financial institutions, especially local legal person financial institutions in underdeveloped areas, to issue special financial bonds for micro, small and medium-sized enterprises and agriculture. It also calls for building a comprehensive capital market support system and continuing the "green channel" policy for enterprise listing. Furthermore, it emphasizes the innovative development of insurance products and services. The Opinions stress strengthening policy guarantees and implementation, fully leveraging the incentive role of monetary and credit policies, and guiding financial institutions to continuously increase credit resources for rural revitalization, especially for those preventing poverty and those in underdeveloped areas. Finally, it calls for establishing and improving a regular statistical and dynamic monitoring mechanism for the effectiveness of financial assistance policies, and regularly tracking and analyzing the implementation results.

11:45:20

[Four Departments Including the People's Bank of China: Improve the Long-Term Mechanism for Development-Oriented Financial Assistance to Key Groups and Adjust and Optimize Microcredit for the Impoverished Population] The People's Bank of China, the State Financial Regulatory Commission, the China Securities Regulatory Commission, and the Ministry of Agriculture and Rural Affairs jointly issued the "Opinions on Coordinating the Establishment of a Regular Financial Support Mechanism to Help Prevent Return to Poverty and Promote the Comprehensive Revitalization of Rural Areas." The Opinions propose to improve the long-term mechanism for development-oriented financial assistance to key groups, adjust and optimize microcredit for the impoverished population, improve policies for small-scale credit loans to farmers, and provide regular support for those preventing return to poverty. It also emphasizes leveraging the role of finance in supporting industrial development, encouraging financial institutions to develop loans for distinctive and advantageous industries, and allowing eligible regions to increase the upper limit of guaranteed loans for entrepreneurship. Furthermore, it calls for establishing a tiered and categorized financial support mechanism for underdeveloped areas, prioritizing new financial funds and financial services for key counties supporting rural revitalization. Finally, it emphasizes increasing the allocation of financial resources to ethnic minority areas, old revolutionary base areas, and border areas.

11:17:28

[National Energy Administration Conducts Survey on Power Supply Guarantee for the 2026 Spring Festival and the National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC)] On February 12, He Yang, member of the Party Leadership Group and Deputy Director of the National Energy Administration (NEA), led a team to Beijing for on-site research to supervise the power supply guarantee work for the 2026 Spring Festival and the NPC & CPPCC. The research team visited key power supply sites to understand the power supply security and guarantee work of relevant units. During the research, He Yang emphasized that all relevant units must take a "no room for error" approach and ensure that all aspects of power supply guarantee work for the Spring Festival and the NPC & CPPCC are implemented thoroughly and meticulously. During the Spring Festival, priority should be given to ensuring people's livelihood, and during the NPC & CPPCC, close attention should be paid to key event venues to ensure a safe and reliable power supply. Emergency duty should be strengthened, and strict precautions should be taken against natural disasters and timely handling of emergencies to ensure a stable and orderly national power safety production situation. Officials from the NEA's Electricity Safety Supervision Department, Electricity Department, North China Energy Regulatory Bureau, Beijing Municipal Commission of Urban Management, and State Grid Corporation of China participated in the research. (National Energy Administration)

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