Alibaba to upgrade its Hong Kong listing to parity with New York
Greater control is very much desired by Beijing, which in recent years has imposed many new regulations on its tech sector and made it harder for prominent technology tycoons to share their opinions.the formation of what the State Council – essentially China’s Cabinet Office – describes as “an inter-ministerial joint conference system on the development of the digital economy.”
The Cyberspace Administration of China, Ministry of Education, Ministry of Science and Technology, State Taxation Administration, and Securities Regulatory Commission will all be guided by the new conference, which according to a State CouncilImplementing decisions of the Chinese Communist Party’s Central Committee and the State Council, regarding implementation of the digital economy development...
An annual conference meeting will ensure the 20 departments managed by the conference, and they may also be asked to show up to ad hoc meetings too.
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