Rather than sealing districts off, the government implemented limited lockdowns of housing compounds and workplaces. Though Li helped shepherd an agreement between Chinese and European companies to produce mRNA vaccines, Beijing was not in favor and the deal was put on hold, said Joerg Wuttke, the president of the EU Chamber of Commerce in China.īefore the citywide lockdown, Li appeared to have more leeway to manage the financial hub’s smaller previous outbreaks than most other cities’ leaders did. On more complicated issues, not everything has been smooth sailing. “The Shanghai government bent over backwards,” said Tu Le, managing director of Sino Auto Insights, a Beijing-based advisory firm. Tesla vice-president Tao Lin was quoted saying that several government departments had worked almost round-the-clock to help businesses resume work. Even during the strict COVID lockdown in Shanghai last year, the factory managed to resume production after a roughly 20-day suspension, official news agency Xinhua reported. It broke ground half a year later as the first wholly foreign-owned automaker in China. In 2018, electric car producer Tesla announced it would build its first factory outside the United States. In the commercial hub of Shanghai, Li continued to pursue pro-business policies. In 2017, he was named party boss of Shanghai, a role held by Xi before the president stepped into China’s core leadership roles. Three years later, Li was appointed party chief of Jiangsu province, an economic powerhouse on the east coast of China, marking the first time he held a position outside his home province. Following Xi’s eventual move to Beijing and appointment as party general secretary, Li was promoted to Zhejiang governor in 2013, the No. Li’s working relationship with Xi began in the 2000s when the latter was appointed party chief in Zhejiang. Beijing is also pressing them to pay for social programs and official initiatives to develop processor chips and other technology. Anti-monopoly and data security crackdowns have wiped billions of dollars off companies’ stock-market value. Under President Xi, entrepreneurs have been rattled not just by tighter political controls and anti-COVID curbs but more control over e-commerce and other tech companies. When his local rule has been out of tune with national policies set by the president and his team, he has eventually fallen into step, seen as key to his rise. In contrast, Li has also strictly enforced some state controls, including rules meant to prevent the spread of COVID-19. Li hailed Zhejiang’s businessmen as the most valuable resource in the province, pointing to e-commerce billionaire Jack Ma, and he highlighted his government’s cutting red tape. Li was quoted as saying in a 2013 interview with respected business magazine Caixin that officials should ”put the government’s hands back in place, put away the restless hands, retract the overstretched hands.” Pakistani police file terrorism charges against ex-PM Khan
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