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Articles by Wang Yanfei
Effect of lactic acid bacteria co-fermentation on the potential sensitization of β-lactoglobulin
在这里添加一些文本 RIS (ProCite, Reference Manager) BibTeX Effect of lactic acid bacteria co-fermentation on the potential sensitization of β-lactoglobulin YIN Shulei, DU Xiang, YI Junjie, WANG Yanfei Food and Fermentation Industries ›› 2025, Vol. 51 ›› Issue (17) : 64-72. Food and Fermentation Industries ›› 2025, Vol. 51 ›› Issue (17) : 64-72.
Net-based healthcare services set to flourish in China
A member of medical staff operates big-screen online diagnostic equipment at a medical center in Hangzhou, capital of Zhejiang province.
Policy support on the way: NDRC
Photo/VCG Private companies facing short-term financing woes are expected to receive more financial and policy support in corporate debt issuance to overcome difficulties, with more detailed guidelines specifying criteria coming out soon, according to officials with the nation's top economic regulator.
Chinese firms face pressure to stay in black
A worker tests the temperature of molten steel at a steel plant in Dalian, Liaoning province. (LIU DEBIN / FOR CHINA DAILY) BEIJING – Profit growth among China's major industrial firms slowed in September, leading to a weaker 14.7 percent year-on-year profit expansion from January to September, down 1.5 percentage points compared with the first eight months, analysts said.
Pledged-share risks under control
Pledged-share risks are unlikely to spread as a systemic danger in China, as a result of government-backed funding support and market expectations of more supportive measures. In the long run, the country needs to implement a long-term mechanism and offer a proper credit environment to help ease the financial pain of small and medium-sized enterprises - those which are most likely to be affected by market volatility, according to analysts.
Digital push to revitalize economy
China will boost the development of the digital economy as part of efforts to stabilize employment, according to a guideline issued by the nation's top economic regulator. The central government will promote the digital transformation of traditional sectors, with more workers switching their jobs to emerging sectors, according to the National Development and Reform Commission on Wednesday.
China plans blacklist to prevent corporate tax offenses
Evading corporate taxes could soon have serious repercussions in China, as authorities are contemplating a blacklist, reliant on the social credit system, that would among other things prevent offenders from purchasing train or flight tickets for a year. Allaying fears that the measure would seek to impose stringent punishment for economic offenders, the State Administration of Taxation said it would be restricted to tax-related activities.
Economic policy to be fine-tuned for growth
In this undated photo, a worker monitors a construction site at Haiyang nuclear power plant in Shandong province. Economic policy in the year's second half will be fine-tuned with targeted measures expected to cushion downside risks, experts said on Aug 1, 2018. (TANG KE / CHINA DAILY) Economic policy in the year's second half will be fine-tuned with targeted measures expected to cushion downside risks, experts said on Wednesday.
Tighter rules may trigger P2P industry shakeout
The central government plans to maintain "pressing posture of severe attack" to clamp down on activities violating laws and regulations in internet finance, extending the ongoing nationwide crackdown for another year. (PHOTO / VCG / CHINADAILY.COM.CN) Only one out of the nine peer-to-peer lending companies in China might be able to survive as top financial regulators are stepping up the pace of scrutiny to curb risks caused by the massive unregulated sprawl in the past few years.
Chip cooperation with Samsung expands
The nation's top economic regulator signed an MoU with South Korea's tech behemoth Samsung Electronics Co Ltd for further cooperation, a month after it spoke to the company on chip price surge causing the government particular concern.
Yuan IPO in Hong Kong may raise cash for Belt, Road
Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong, China, on Dec 26, 2012. (JEROME FAVRE / BLOOMBERG) The government is considering giving a green light to high-quality companies involved in the Belt and Road Initiative to raise funds through a yuan-denominated initial public offering in the Hong Kong stock market.
New policy to spur rise of strategic bay area
This July 7, 2017 photo shows a section of the Hong Kong-Zhuhai-Macao Bridge. (PHOTO / XINHUA) China will not set a binding growth target in the development plan of the Guangdong-Hong Kong-Macao Greater Bay Area, which will be released early this year, but will use a number of indexes to measure key fields such as innovation and trade, according to a former vice-minister of the nation's top economic regulator.
China leads in industrial innovation
China is much more likely to become a leader in innovation in key emerging industries?boosted by its young talent, government support and extending internet penetration?according to panelists attending the Fortune Brainstorm Tech International Conference in Guangzhou on Tuesday. For a long time, China was not perceived to be an innovator in some Western countries, according to Jay Walker, founder of online travel operator Priceline.
Growth stays strong in November
China's economic growth remains resilient and the momentum may at least head into the end of this year as the country's manufacturing Purchasing Managers' Index picked up in November, analysts said. The official manufacturing PMI released by the National Bureau of Statistics on Thursday stood at 51.8 in November, compared with 51.6 in October. It has remained above the 50-point mark, which separates growth from contraction, for 16 straight months.
New guidelines for outbound investment soon
China will introduce a "code of conduct" for outbound investment to provide better guidance on risks to companies investing overseas, after efforts to curb irrational investment have started to take effect, people familiar with the matter said. "The code of conduct," which is yet to be released to the public, will guide enterprises' outbound investment and help them better identify risks in foreign countries, a government source said, without elaborating on when the document will be released.
China aims to curb irrational investment
Enterprises violating overseas investment rules will be blacklisted and face 39 penalties imposed by the nation's top regulators as China takes further steps to curb irrational and unauthentic offshore investment moves. China's top economic regulator on Tuesday published detailed rules to punish "discreditable" enterprises, referring to those that are found to be involved in illegal outbound investments or in moves to book profits by short-selling the yuan.
Govt to expand rail network to 150,000 km
China will expand the railway network to 150,000 kilometers by 2020, including 30,000 km of high-speed rail, according to the 13th five-year plan (2016-20) for railway construction issued by the nation's top economic regulator on Friday.
Carbon-trading system key to shifting nation's energy focus
China's soon-to-be launched national emissions trading system will help the country achieve its carbon emission goals earlier than 2030, but it may take some time for the system to become "fully functional". The nationwide trading system, which is expected to be rolled out by the end of this year, will serve as a key driver to help China achieve its carbon reduction pledges in the Paris Agreement earlier than expected, according to the 2017 China Carbon Pricing Survey published on Wednesday.
China plays key role in UN climate change talks: Officials
China has played a "key facilitative role" in promoting this year's UN climate talks on discussing detailed rules for implementing the Paris Agreement, shouldering new responsibilities after the US left a void leaving the pact, according to senior officials and delegates.
China, UN partners to boost smallholders' climate resilience
China and United Nations partners launched a new initiative Thursday to help boost smallholders' climate change resilience under the South-South Cooperation Framework.
UN climate envoy says China won't fill in financially for US
China will not fill the climate financial vacuum left by the United States' withdrawal, but other developed nations will, Xie Zhenhua, China's top climate envoy said. "Others expect us to fill the financial gap, but we do not plan to do so," said Xie Zhenhua, China's top climate envoy during the ongoing United Nations Climate Conference held in Bonn, Germany. "We are not obliged to pour money into the Green Climate Fund.
Nation not 'major reason' for rebound in emissions
China will not become the "major reason" leading to a global rebound of carbon emissions in the future, if any, as many indictors show that China has moved away from relying on smokestack industries, according to China's top climate envoy. "Carbon emissions do fluctuate, but a single indicator cannot reflect the whole picture," Xie Zhenhua, China's top climate envoy, said during the United Nations Climate Conference in Bonn, Germany.
Futures not in store for carbon plan
China has ruled out the possibility of introducing carbon futures and of opening the market to foreign participants in the early stage of the carbon trade policy, China's top climate envoy said.
Expert: Nation is on track for carbon target
China is on track to uphold commitments under the Paris climate accord, but some developed countries need to show their sincerity to push the ongoing dialogue forward, according to China's top climate envoy. "We are capable of achieving more than what we pledged in the Paris Agreement," said Xie Zhenhua, China's special representative on climate change.
Some in US reaffirm committment to climate accord
Several entities not affiliated with the US federal government reaffirmed their commitment to the Paris Agreement on Climate Change during the United Nations climate talks, despite President Donald Trump's plan to pull out. Despite federal efforts to roll back policies combating climate change, climate action "remains robust and is accelerating" across an increasing swath of America, according to the America's Pledge report released on Saturday.
Bid for Qualcomm may face scrutiny
Chipmaker Broadcom Ltd's $105 billion proposal to buy its United States rival Qualcomm Inc is likely to face intense regulatory scrutiny in China, given the deal's huge size and potential impact on Qualcomm's joint ventures in the country, analysts said on Tuesday. Wang Junlin, an antitrust lawyer at Beijing-based Yingke Law Firm, said the alliance, which could create a $200-billion-plus behemoth in the semiconductor sector, will be closely watched by regulators around the world.
Forex up 9th month in a row in October
China's foreign exchange reserves rose slightly in October, capping nine consecutive months of increases, thanks to effective capital flow management and improving economic fundamentals, analysts said. Also, major fluctuations in the scale of the reserves are unlikely in the coming months, they said. The reserves rose by $700 million last month to $3.109 trillion, compared with an increase of $17 billion in September, according to central bank data released on Tuesday.
China to play bigger role in climate talks
China will take on a more assertive role and strive to push forward the Paris Agreement to combat global warming at the ongoing climate talks in Bonn, Germany, according to delegates from the country. "China will do its best to fulfill its own climate pledges, and we do not rule out the possibility to achieve more than what we have pledged," said Gou Haibo, a senior representative for climate change negotiations of the Ministry of Foreign Affairs, at a news conference in Bonn.
Legal framework needed before launch of digital currency
Legal framework needs to be ready before introducing China's official digital currency, head of the research institute of the central bank said during a forum held over the weekend. Yao Qian, director-general of the Institute of Digital Money at the People's Bank of China, said supervision needs to be in place before officially introducing the currency. "Apart from solving tech challenges, we need to build a legal framework. The key is to prevent systematic financial risks," he said.
Beijing vows to honor green goals
China will look to cooperate further with the United States on climate change negotiations and press ahead with its own green goals despite the US decision to withdraw from the Paris agreement earlier this year, a top official said on Tuesday.
Guidelines bar local govt market intervention
The nation's five major regulatory agencies issued guidelines on Thursday that restrict local governments from taking monopolistic steps or other market intervention measures. The guidelines also would urge local government officials to conduct a "self-review" of 50 "don'ts" before they issue any policies related to economic activities.
Curbs on local govts' preferential policies
NDRC to enact steps to ensure level playing field for businesses, check favoritism Local governments will no longer be allowed to take steps that favor preferred enterprises in their region, as China steps up its efforts to ensure fair market competition for businesses in the country, officials familiar with the matter said on Wednesday.
Achieving GDP goal easier with strong Q3
China achieved solid year-on-year GDP growth of 6.9 percent in the first three quarters, putting it in a position to comfortably achieve its whole-year target of around 6.5 percent. Analysts said the solid growth trend is expected to be carried into the fourth quarter. Growth was 6.8 percent in the third quarter, compared with 6.9 percent in both first and second quarters, according to the National Bureau of Statistics.
Industrial output recovers in August
Industrial value added output witnessed better-than-expected growth in September, as efforts to promote industrial upgrades continued to bear fruit, data showed. The indicator, measuring activities of large-scale enterprises, went up by 6.6 percent in September from a year earlier, compared with a 6 percent increase in August, data from the National Bureau of Statistics showed on Thursday.
NetsUnion Clearing to handle 50% of transactions on Nov 11
The newly established online clearinghouse, supervised by the central bank, is about to take over the place of third-party payment providers to clear half of transactions on November 11, the world's largest shopping day. NetsUnion Clearing Corporation, the clearinghouse platform backed by the People's Bank of China, will directly channel half of the transactions on the day between third-party payment companies and banks, slashing the access of third-party payment giant.
Nov 11 deals to coast on NetsUnion tech
NetsUnion Clearing Corp, China's newly established clearing house for online payments supervised by the People's Bank of China, will clear half of the transactions that are expected to be made during the upcoming Nov 11 Singles Day shopping festival. The move comes as a blow to Alibaba-owned Alipay, which had hitherto cleared most of the transactions during the shopping extravaganza.
PBOC says stable yuan likely soon
Central bank to press ahead with efforts to internationalize currency Yuan exchange rates will have a more stable foundation after the 19th National Congress of the Communist Party of China and the market will have a bigger role in determining the currency's value, a top central bank official said on Wednesday.
Opening-up will remain the basic policy of China
Spokesman for the 19th National Congress of the Communist Party of China Tuo Zhen (center) answers questions from journalists at a news conference at the Great Hall of the People on Tuesday in Beijing. (LIU JINHAI / XINHUA FENG YONGBIN / CHINA DAILY) China will stick to the policy of opening-up and further expand market access to foreign investors, the spokesman of the Communist Party of China's 19th National Congress said on Tuesday.
Opening-up will remain the basic policy of China
China will stick to the policy of opening-up and further expand market access to foreign investors, the spokesman of the Communist Party of China's 19th National Congress said on Tuesday. Spokesman Tuo Zhen said at a news conference for the congress that opening-up is a basic national policy and China's attitude of "opening to the world" is clear.
PBOC inches closer to digital currency
The People's Bank of China, China's central bank, has completed trial runs on the algorithms needed for digital currency supply, taking it a step closer to addressing the technological challenges associated with digital currencies, according to a top official associated with the project. Yao Qian, director-general of the Institute of Digital Money at the PBOC, said China's central bank has successfully designed a prototype that can regulate the supply of its future digital fiat currency.
Central bank tests digital currency transactions
China's central bank carried out mock transactions using digital fiat currency with some commercial banks in June, a step aimed at exploring tech challenges involved in using government-backed digital money, according to central bank officials. Di Gang, a senior engineer with Institute of Digital Money of the central bank, confirmed the trials and said the bank has been trying to resolve tech challenges.
PPP rules tightened to reduce fiscal risk
China will reinforce regulations to monitor public-private partnership (PPP) projects as part of its efforts to prevent illegal borrowing by local governments, said a senior official with the nation's top economic regulator.
PPP rules tightened to reduce fiscal risk
China will reinforce regulations on public-private partnership projects as part of its efforts to prevent illegal borrowing by local governments, according to a senior official with the nation's top economic regulator. "Strengthened supervision over local governments' financing for PPP projects, which began earlier this year, marks a new starting point (in PPP management)," said Han Zhifeng, deputy head of the Fixed-Asset Investment Department of the National Development and Reform Commission.
Industries see profits jump 24%
The profits of China's industrial firms registered the fastest growth in four years in August thanks to rising product prices and falling costs, the National Bureau of Statistics said on Wednesday. Analysts said the country's industrial profits may continue to grow at a stable pace as demand rises. Profits jumped 24 percent in August year-on-year to 672 billion yuan ($101.3 billion), compared with 16.5 percent in July, the NBS said.
ADB raises economic growth forecast
The Asian Development Bank (ADB) on Tuesday raised China's growth forecast for 2017 and 2018, supported by the strong service sector, fiscal expansion and export recovery. The bank now expects China's economy to expand by 6.7 percent in 2017, up from a previous projection of 6.5 percent in April, and growth in 2018 is expected to reach 6.4 percent compared to 6.2 percent in its previous forecast.
ADB projects expansion in economy
Asian Development Bank on Tuesday released an upbeat forecast on China's growth forecast in 2017 and 2018, based on strong service sector, fiscal expansion and export recovery. The bank expected China's economy to expand by 6.7 percent in 2017, up from a previous projection of 6.5 percent in April and unchanged from its July forecast. Growth in 2018 is expected to reach 6.4 percent compared to 6.2 percent in previous forecast.
ADB expects economy to expand by 6.7%
Asian Development Bank (ADB) on Tuesday raised China's growth forecast in 2017 and 2018, supported by strong service sector, fiscal expansion and export recovery. The bank now expects China's economy to expand by 6.7 percent in 2017, up from a previous projection of 6.5 percent in April. Growth in 2018 is expected to reach 6.4 percent compared to 6.2 percent in previous forecast.
China should reduce restrictions on foreign capital, senior economists say
China should further reduce restrictions on foreign investors and advance efforts to continue opening up the financial sector, a former senior official with the International Monetary Fund said on Saturday. "Granting more access to foreign financial institutions can be our next incremental step of further opening up," said Zhu Min, economist and former deputy managing director of the IMF.
China wants to reduce control of changes in yuan's exchange rate
China has suggested reducing control over fluctuations of the yuan's exchange rate, stepping up efforts to allow the yuan to float freely against other currencies, according to a report by a leading think tank on Saturday.
Beijing calls rating a 'wrong decision'
China's Ministry of Finance on Friday rebutted S&P Global Ratings' decision to downgrade the country's sovereign credit rating, saying it was "a wrong decision" that neglects the nation's economic fundamentals and development potential. Analysts said the agency's methodology in rating China is fundamentally flawed as it neglected the country's strong capability for debt repayment.
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