China asean maritime cooperation fund

During the two-day online workshop, the selected 17 scientists from nine ASEAN member states presented works on how to solve today’s challenges - COVID-19, the digital economy, innovative start-ups, and technology to meet the Sustainable Development Goals (SDGs). … [Read more...] about ASEAN Science-Technology Fellowship workshop held

Over the past two decades, China has spent billions of dollars supporting its fishing industry, says Tabitha Grace Mallory, a professor at the University of Washington, who specializes in China’s fishing policies, in email. In 2018, total global fisheries subsidies were estimated to be $35.4 billion, with China accounting for $7.2 billion of it. The vast majority of that amount went toward what Mallory calls “harmful” subsidies, because they expand rather than contract the size of fishing fleets. This includes those for fuel and for new boats that increase the size of the fleet. Alternatively, a small portion of states subsidies pay for the decommissioning of boats, according to Mallory.  … [Read more...] about China’s global fishing dominance

The draft stated that, it is necessary for digital transformation to focus on forming 5-7 large technology corporations and enterprises with the leading role in cutting-edge technology and markets of Vietnam and the region. The development of ICT products will be key including producing 5G chips, core chips for digital transformation. … [Read more...] about Vietnam to be ASEAN elite in national digitalisation by 2025

China’s economic bubble that saw extraordinary growth in the past few decades is set to burst. The Asian giant faces a “timebomb” of ageing population as the number of young adults is plummeting, thanks to strict birth control policies especially the 1979’s One Child Policy (OCP). Recognising the alarming demographic trend that would have a multi-dimensional negative impact, China ended the OCP and permitted two children in 2016. However, it did not work. According to the China Bureau of Statistics, the total number of births per year fell consistently for three years in a row—from 17.9 million in 2016 to 14.6 million in 2019. … [Read more...] about Plummeting workforce due to aging population to hurt China’s economic growth

In Vietnam, the Japanese leader is expected to have meetings with Party General Secretary and President Nguyen Phu Trong and National Assembly Chairwoman Nguyen Thi Kim Ngan, and hold talks with Prime Minister Nguyen Xuan Phuc. He will also address students of the Vietnam-Japan University and participate in other activities./. … [Read more...] about Japanese PM’s Vietnam visit to bolster bilateral ties: Official