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Yang Liu Profile picture
@yangliuxh
May 26 • 20 tweets • 15 min read Twitter logo Read on Twitter
Politburo member & Beijing Party Chief Yin Li met w/ @Starbucks CEO Laxman Narasimhan May 25, inviting him to open more stores in the city.

mp.weixin.qq.com/s/hL1XhVppM5XZ… Image
Politburo member & #Shanghai Party Chief Chen Jining on May 30 met w/ @jpmorgan CEO Jamie Dimon, pledging to provide a better business environment for foreign businesses. Dimon's in town for JP Morgan's "Global China Summit".

mp.weixin.qq.com/s/YiRUBExsC7bI…
Politburo member & #Shanghai Party Chief Chen Jining on May 30 met w/ #JardineMatheson CEO Benjamin William Keswick.Chen welcomes JM to apply the latest development concepts, techs, business models & consumption stimulation in SH.
mp.weixin.qq.com/s/qZciM6hmaPp1…
SC & FM Qin Gang met w/ @Tesla 's @elonmusk on May 30, stressing unprecedented potential in #China's EV market. Qin said like Tesla cars, the success of the Sino-US relationship lies in the skillful combination of the steering wheel, brakes, & gas pedal.
fmprc.gov.cn/wjbzhd/202305/…
Politburo member and #Shanghai Party chief Chen Jining met w/ @GM CEO Mary Barra @mtbarra on May 24. Chen urged GM to expand investment in Shanghai, enhance cooperation w/ SAIC, and take advantage of SH's evolving car market.
sww.sh.gov.cn/swdt/20230526/…
#Shanghai Mayor Gong Zheng on May 24 met w/ @SiemensHealth CEO @bernd_montag. He says bio-med is one of Shanghai's 3 top pioneering industries & is on track to top 1,000B yuan in value by '25. He invites Siemens to bring better products/services to China. sww.sh.gov.cn/swdt/20230526/…
#Shanghai Mayor Gong Zheng May 26 met w/ Hong Leong's Kwek Leng Beng.
Gong says SH is one of 🇨🇳 top foreign investment destinations & a key link to the global supply chain.
Kwek says SH offers not-to-be-missed opportunities & pledges to expand investment.
sww.sh.gov.cn/swdt/20230529/…
.@MOFCOM_China Ass. Minister Chen Chunjiang on May 17 met w/ @ADMupdates CEO Juan Luciano, inviting the US company to expand ties w/ Chinese companies in the agriculture, climate change & nutrient industries.
mofcom.gov.cn/article/xwfb/x…
.@MOFCOM_China Ass. Minister Chen Chunjiang on May 22 met w/ @RioTinto 's Alf Barrios in #Shanghai, hoping the company would join #CIIE and expand ties w/ Chinese companies in green industries.
mofcom.gov.cn/article/xwfb/x…
.@MOFCOM_China Minister Wang Wentao Chairs a Meeting with US Companies
.@MOFCOM_China V. Minister Wang Shouwen on May 26 met w/ @AmCham_China chair Colm Rafferty and member firm reps.
The talk touched on China-U.S. economic and trade relations, the development of American enterprises in China, and China's biz environment.
mofcom.gov.cn/article/xwfb/x…
.@MOFCOM_China V. Minister Li Fei on May 30 met w/ @aramco 's Asia president-designate [穆提卜·哈勒比] to discuss the company's development plans in China. The readout didn't provide an English name, I think it's possibly Mitib Al-Harbi.
mofcom.gov.cn/article/xwfb/x…
#Guangdong v. governor Zhang Shaokang met w/ @exxonmobil 's sr. VP Jack Williams in Huizhou on May 19. Zhang pledged GD's support for EM. Williams says EM will continue its Ethylene project there & further evaluate for a carbon capture and storage project gd.gov.cn/gdywdt/gdyw/co…
.@MOFCOM_China chief Wang Wentao met w/ @elonmusk on May 31, pledging support for long-term, steady operation of foreign biz in China. Musk agreed that 🇨🇳🇺🇸 relationship is not zero-sum and thanked China for supporting #Shanghai gigafactory during Covid.
mofcom.gov.cn/article/syxwfb…
MIIT chief Jin Zhuanglong met w/ @elonmusk on May 31. the short readout says both sides "exchanged views on electric vehicles & intelligent connected vehicles"
Reuters reported Musk also met w/ PBSC member Ding Xuexiang.
miit.gov.cn/xwdt/gxdt/ldhd…
Politburo member/#Shanghai Party chief Chen Jining on Jun 1 met w/ @elonmusk, encouraging him to land more new products, tech & services in the city.
Musk shared his visions on how to meet evolving market demands, among other issues.
mp.weixin.qq.com/s/j-XDj6o_RfFs…
MIIT chief Jin Zhuanglong met w/ @Arm CEO Rene Haas on May 30. The two sides exchanged views on how to enhance cooperation.
miit.gov.cn/xwdt/gxdt/ldhd…
MIIT v. minister Zhang Yunming met w/ @GSMA CEO John Hoffman on May 19, The two sides exchanged views on how to enhance cooperation.
miit.gov.cn/xwdt/gxdt/ldhd…
MIIT chief engineer Zhao Zhiguo met w/ @nokia leader 吉伦 (likely Guillén) on May 11, to discuss Nokia's involvement in China's #5G, #6G markets
Zhao says 🇨🇳 welcomes Nokia to join China's 5G network construction in accordance w/ market principles.
miit.gov.cn/xwdt/gxdt/ldhd…
Bloomberg says @LVMH CEO Bernard Arnault hopes to visit #China later this month. bloomberg.com/news/videos/20…

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More from @yangliuxh

Yang Liu Profile picture
May 31
Chinese MOD spox Tan Kefei Wed responds to reports alleging 🇨🇳 ignoring @DeptofDefense request for talks:

China attaches importance to the development of 🇨🇳🇺🇸 military relations & the development of communication at all levels, in fact, mil-to-mil contacts are not severed./1
I want to emphasize that dialogue cannot be without principles, and communication cannot be without the bottom line. The U.S. side bears full responsibility for the current difficulties of mil-to-mil exchanges. /2
On the one hand, the U.S. side claims to seek more communication, but on the other hand, it disregards China's concerns, arbitrarily creates obstacles, and seriously undermines mutual trust between the two militaries. This is not the right attitude in pursuing communication. /3
Read 4 tweets
Yang Liu Profile picture
Apr 22
Didn't visit the #Shanghai #Autoshow, but here is a list of takeaways somebody wrote that's circulating on social media and getting a lot of nods.
I'll briefly translate.
1. EV are the future, the days of combustion engine vehicles are numbered. Image
2. Brand value of luxury brands such as #Benz and #BMW is the saving grace of combust engine vehicles
3. #Audi is lagging behind Benz and BMW, the conventional acronym of the big 3 lux brands of "BBA" is now "BB"
4. After 3 years of Covid, the latest development of Chinese EVs has shocked many foreign brands
5. Many foreigners are watching domestic brand cars with anxiety on their face
6. Japanese, Korean and French brands have little future in the Chinese market
Read 6 tweets
Yang Liu Profile picture
Apr 10
🧵
Just wrapped up a trip to Shenzhen to see how their tech companies are faring against the backdrop of the great tech decoupling. The companies we visited differed in field, size, and temperament, but some common traits were worth sharing.
1. The pressure of U.S. sanctions is acutely felt across industries. Foreign markets were forced to give up, access to hardware was lost, and many are bracing for more extreme measures as they expect the situation to further deteriorate. /2
2. Many lamented the decoupling as mutually harmful, saying they used to have sizable investments in the U.S. that generated good-paying jobs. "Practically every tech company has set up a lab in CA", someone told me, but the investment has all but evaporated. /3
Read 10 tweets
Yang Liu Profile picture
Dec 27, 2022
🧵
The 13th NPC Standing Committee held its 38th meeting today in Beijing. This is a thread of legislation and treaties it looked at and proposed actions.
1. Heard report on the draft amendment of the Legislation Law. Proposed to be further heard by 1st meeting of 14th NPC. (2nd hearing)
2. Heard report on the draft revision of the Wild Animals Protection Law. Proposed to be passed by this NPC Standing Committee. /2
3. Heard report on draft Reservists Law. Proposed to be passed by this NPC Standing Committee.
4. Heard report on the draft revision of the Company Law. (2nd hearing)
5. Heard report on the draft revision of the Counterespionage Law. (2nd hearing) /3
Read 8 tweets
Yang Liu Profile picture
Dec 27, 2022
🧵
Breaking: China's National Immigration Administration to update on Jan. 8 cross-border traveling policies following the Covid control policy change.
nia.gov.cn/n741440/n74154…↓
1. Resume issuing passports to Chinese nationals traveling abroad for tourism and visiting friends purposes; Resume issuing permits to mainland travelers traveling to Hong Kong for tourism and commerce purposes.
2. Resume extensions, re-issuance, replacement of visas, stay permits and residence permits for foreign nationals.
3. Resume issuing port visas. Resume 24/72/144 hr visa-free policies.
4. Resume issuing travel documents for entering and exiting China.
Read 4 tweets
Yang Liu Profile picture
Dec 26, 2022
Breaking: Covid-19 to be managed as Class II epidemic starting Jan. 8, according to NHC notice. This will bring about a number of policy changes. Image
Policy changes include 1. No more quarantines for Covid patients and no more determination of close contacts of Covid patients; 2. No more classification of high/low-risk zones; 3. Covid tests will become voluntary;
4. Adjust frequency and content of Covid-related information release; 5. No more preventative measures against foreign goods and travelers.

2023年1月8日起，对新型冠状病毒感染实施“乙类乙管”。依据传染病防治法，对新冠病毒感染者不再实行隔离措施，不再判定密切接触者;
Read 4 tweets

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