China to deepen and improve regulation of high-frequency trading, says China Securities Regulatory Commission chief

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Source: People's Republic of China – State Council News

Beijing, March 6 (Xinhua) — China will deepen and refine its regulation of high-frequency trading, focusing on the principle of fairness, Wu Qing, head of the China Securities Regulatory Commission, announced on Friday.

Wu Qing made the statement at a press conference on the sidelines of the 4th session of the 14th National People's Congress (NPC). -0-

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Xi Jinping congratulated women on the upcoming International Women's Day.

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Source: People's Republic of China – State Council News

BEIJING, March 6 (Xinhua) — Chinese President Xi Jinping on Friday extended congratulations and best wishes to women from all ethnic groups and walks of life in China ahead of International Women's Day, celebrated on March 8.

Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, congratulated the women while attending a joint panel discussion of members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) at the ongoing 4th session of the 14th CPPCC National Committee. -0-

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China plans to comprehensively strengthen monitoring of capital market risks, says China Securities Regulatory Commission chief

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Source: People's Republic of China – State Council News

Beijing, March 6 (Xinhua) — China plans to comprehensively strengthen risk monitoring in the capital market by 2026, Wu Qing, head of the China Securities Regulatory Commission, announced on Friday.

At a press conference on the sidelines of the Fourth Session of the 14th National People's Congress (NPC), he announced that measures would be taken to prevent the transfer of risks between markets, between futures and spot markets, and across borders. Furthermore, plans are underway to strengthen strategic resource reserves and market stabilization mechanisms.

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China has become the world's largest consumer market based on purchasing power parity, according to the Chinese Minister of Commerce. /detailed version-1/

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Source: People's Republic of China – State Council News

BEIJING, March 6 (Xinhua) — China has become the world's largest consumer market based on purchasing power parity (PPP) at the end of the 14th Five-Year Plan period (2021-2025), Chinese Commerce Minister Wang Wentao said at a press conference on Friday.

Between 2021 and 2025, China's per capita GDP rose from US$10,000 to more than US$13,000, while household consumption showed some changes, the official said at a press conference on the sidelines of the 4th session of the 14th National People's Congress.

According to him, more environmentally friendly and smart products have become part of everyday life.

During the recent nine-day Spring Festival holiday (the traditional Lunar New Year) in China, offline consumption growth outpaced online consumption for the first time in recent years, with both domestic travel and tourism spending reaching new all-time highs. At the same time, the official noted, there was accelerated adoption of artificial intelligence (AI) in everyday consumer behavior.

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China plans to establish a national mergers and acquisitions fund in 2026 to support venture capital investment.

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Source: People's Republic of China – State Council News

Beijing, March 6 (Xinhua) — China is set to establish a national mergers and acquisitions fund in 2026 to smooth the exit path for venture capital investments and improve the efficiency of capital circulation, Zheng Shanjie, head of the National Development and Reform Commission (NDRC), announced on Friday.

The fund is designed to channel and attract more than 1 trillion yuan (about 145 billion US dollars) in investments from various sources, the official said at a press conference during the 4th session of the 14th National People's Congress. -0-

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China to introduce updated exit VAT refund policy – Commerce Minister

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Source: People's Republic of China – State Council News

BEIJING, March 6 (Xinhua) — China will implement an updated exit VAT refund policy in 2026, Commerce Minister Wang Wentao said Friday at a press conference on the sidelines of the fourth session of the 14th National People's Congress (NPC).

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D. Trump has "no time limit" on the duration of the war with Iran

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Source: People's Republic of China – State Council News

Washington, March 6 (Xinhua) — US President Donald Trump said he has "no time limit" on the duration of the war with Iran. He made this statement in an interview with Time, published Thursday.

“I don’t have a time limit,” Trump said in a phone interview with Time on Wednesday. “I want to see this through.”

Earlier this week, the US president said he expected the US-Israeli operation against Iran, which began on February 28, to last four to five weeks.

According to the report, D. Trump also outlined several goals of the conflict, including preventing Iran from developing nuclear weapons or ballistic missiles, and appointing "someone reasonable and sensible" as Iran's leader. –0–

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China will put forward a more targeted and inclusive set of additional standards to regulate stock listings on the ChiNext exchange, the securities regulator said.

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Source: People's Republic of China – State Council News

BEIJING, March 6 (Xinhua) — An additional set of "more targeted and inclusive" standards to regulate stock listings on the ChiNext exchange will be introduced soon, China Securities Regulatory Commission Chairman Wu Qing said on Friday.

Active support for the placement of shares on the domestic stock exchange ChiNext will be provided to high-quality innovative and entrepreneurial firms operating in the areas of new types of consumption and the modern services sector, an official announced at a press conference during the 4th session of the 14th National People's Congress.

ChiNext is a Chinese stock exchange for growing and developing companies, similar to the American NASDAQ. -0-

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During the 15th Five-Year Plan period, China will increase the number of places in senior high schools by more than 2 million, an official said.

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Source: People's Republic of China – State Council News

Beijing, March 6 (Xinhua) — China plans to build or renovate 1,000 senior middle schools during the 15th Five-Year Plan period (2026-2030), creating more than 2 million additional student places, Zheng Shanjie, head of the National Development and Reform Commission (NDRC), announced on Friday.

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Feature Story: A Taste of Homeland in Azerbaijan for Chinese Evacuated from Iran

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Source: People's Republic of China – State Council News

Baku, March 6 (Xinhua) — Around 5 p.m. local time on Tuesday, a bus carrying 48 Chinese citizens evacuated from Iran slowly pulled up to the front entrance of the Caspian Business Hotel in Baku. Between March 1 and 3, more than 260 Chinese citizens left Iran for Azerbaijan via the Astara checkpoint.

One by one, passengers exited the bus. It was clear they were tired after the long journey, but relief was evident on their faces. At the hotel entrance, they were met by the Chinese Ambassador to Azerbaijan, Lu Mei. She greeted each arrival with a handshake while volunteers helped with their luggage and check-in.

This day symbolically coincided with the traditional Chinese Lantern Festival, which marks the end of the Chinese New Year celebrations and represents family reunions. To warm up those arriving from their travels, the embassy prepared hot tangyuan—sweet sticky rice balls—in the hotel lobby.

The ambassador personally handed out steaming bowls of refreshments to the evacuees. Addressing her compatriots, she emphasized that Baku is only the first stop on the road home. "The embassy will continue to provide all necessary assistance to ensure your journey home is calm and safe," she assured.

Immediately after the situation in Iran escalated, the Chinese Embassy in Azerbaijan dispatched a task force to the Astara checkpoint. Embassy staff worked around the clock, greeting arriving compatriots and assisting them with customs procedures and paperwork. The diplomats coordinated hotel accommodations and liaised with airlines, assisting evacuees in purchasing tickets for flights to China.

The embassy also noted that the Azerbaijani government provided significant assistance in ensuring the unimpeded entry of Chinese citizens. "A friend in need is a friend indeed," Ambassador Lu Mei remarked, emphasizing the strength of the comprehensive strategic partnership between China and Azerbaijan.

The Association of Chinese Compatriots in Azerbaijan also provided significant assistance. Its director, Bao Lijun, worked shoulder to shoulder with diplomats at the checkpoint. According to him, the association mobilized over 50 volunteers who assisted the evacuees with hotel accommodations, currency exchange, airfare, and translation services.

Among those arriving in Baku was Wang Yongchao, who crossed the border through the Astara checkpoint on Tuesday. He had been working in the Iranian city of Zanjan, where he and more than 80 Chinese citizens were installing equipment at a local paper mill. Early Monday morning, buses chartered by the Chinese Embassy in Iran picked them up from the factory gates and transported them to the border with Azerbaijan.

"When I passed through customs and saw the embassy staff waiting for us, my soul finally felt at peace," said Wang Yongchao. "It was a feeling of warmth and something truly familiar. At that moment, I knew I was safe." He said that without government support, the journey to Baku would have been much more difficult and full of uncertainty. –0–

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