China Manufacturing 2025: Putting Industrial Policy Ahead of Market Forces | European Union Chamber of Commerce in China

In China Manufacturing 2025: Putting Industrial Policy Ahead of Market Forces, the European Union Chamber of Commerce in China analyzes the potential impact of the China Manufacturing 2025 initiative on both European business and China's economy.

 

DoD-Funded School at Center of Federal Probes Over Suspected Chinese Military Ties | Fox News

Based just four miles from the Pentagon in northern Virginia is an innocuous-sounding online school for "management and technology"--which a Fox News investigation reveals has been at the center of multiple federal probes about its leadership's alleged ties to the Chinese military and whether thousands of records from U.S. service members were compromised.

China to Launch New Long March 8 Rocket by End Of 2018 | gbtimes

China is aiming to launch a new Long March 8 rocket by the end of 2018 to fill a gap in the country's carrier rocket capabilities and commercial launch prospects, a top space official has said. Li Tongyu, chief of carrier rocket development at the China Academy of Launch Vehicle Technology, told China Daily that the Long March 8 will use engines and other design aspects developed for the recently debuted Long March 5 and Long March 7 rockets.

 

China Makes Breakthrough in R&D of Heavy-Lift Launch Rocket | ECNS

China has officially started early explorations in the research and development of a heavy-lift launch vehicle. Research and development of the two kinds of high thrust engines is smoothly progressing, said Tan Yonghua, director of the Science and Technology Department, No.6 Research Institute of China Aerospace Science and Technology Corporation. Wu Yanhua, the deputy director of China National Space Administration, said China's heavy-lift launch vehicle will be named Long March 9, and its first flight is planned for around 2030.

 

Foreign Media: China Develops Hypersonic Missiles Against THAAD | China Military

Foreign media reported that China is developing hypersonic weapons with an eye to piercing the missile defense shields of Japan and its East Asian neighbors. Japan's Kyodo News February 26 quoted Canada's Kanwa Defense Review that the Rocket Force of the People's Liberation Army has recently decided on a hypersonic weapon developing program targeting the missile defense system in Japan and China's Taiwan, as well as the Terminal High Altitude Area Defense (THAAD) system to be deployed in the Republic of Korea soon.

 

China's First Woman in Space on Spacewalks, the Chinese Space Station, and Future Female Astronauts | gbtimes

Liu Yang answered questions on the sidelines of the National People's Congress ahead of International Women's Day about China's plans and training for human spaceflight, the upcoming Chinese Space Station, extravehicular activity--EVAs or 'spacewalks'--and the future for female astronauts.

 

China to Launch 6-8 Latest Navigation Satellites In 2017 | Xinhua News

China plans to launch six to eight BeiDou-3 satellites in 2017, according to a senior designer of the satellite navigation system. It is part of a plan to put 35 BeiDou satellites into space to form an orbiting satellite network and offer worldwide navigation services by 2020, said Yang Yuanxi, deputy chief designer of the BeiDou satellite navigation system.

 

Small Experimental Satellite Launched by New Chinese Rocket | Spaceflight Now

China debuted a new solid-fueled booster in an unannounced flight that put a small satellite into polar orbit, adding another rocket to the country's growing fleet of lightweight launchers. The KT-2 rocket lifted off at 2353 GMT (6:53 p.m. EST) Thursday from the Jiuquan space center, a military-run base in northwestern China's Gobi Desert, according to a report from the government-owned Xinhua news agency.

China to Raise Defense Budget by About 7 Percent | China Daily

China will increase its defense budget by around seven percent in the fiscal year of 2017, and overall military spending will account for about 1.3 percent in GDP, said Fu Ying, spokeswoman for the coming annual meeting of national legislators. Fu said these figures were decided by the Chinese government based on economic conditions and national defense requirements.

 

PLA Explains China's Military Budget Increase | China Military

The 7 percent military budget increase in 2017 will be used to support the national defense and military reform, update equipment, improve the training and living environment of grassroot-level troops and so on, said Maj. Gen. Chen Zhou, military deputy to China's National People's Congress and researcher with the Military Strategy Department of the PLA Academy of Military Science, at the press conference of China's State Council Information Office on March 4, 2017.

 

China Defends Budget Transparency After Military Outlays Omitted | Bloomberg

Finance Minister Xiao Jie affirmed China's commitment to transparency in its 19.5 trillion yuan ($2.8 trillion) budget, after excluding defense expenditures and other big items from a key fiscal report for the first time in almost four decades.

 

China's Defense Budget Transparent: Finance Minister | Xinhua News

Chinese Finance Minister Xiao Jie  shrugged off concerns over China's military transparency, saying there was no opacity in the country's defense budget. "Let me be very clear, there is no such thing as opacity in China's military spending," Xiao told a press conference on the sidelines of the country's annual parliamentary session.

 

China's Nuclear Giant Lists Its Assets | China Daily

State-owned nuclear giant China General Nuclear Power Corp, the country's largest nuclear operator, listed its applied nuclear science and technology assets on the A-share market on Monday, cashing in on the country's trillion-dollar industry, the company said.