Latest National Development and Reform Commission News & Updates

Beijing, May 23 (IANS) The death toll from heavy rainfall in Shimen County, central China’s Hunan Province, rose to seven, with 14 others still missing, local authorities said. Among the missing, five were added following further investigation, according to the county’s emergency management and production safety committee. Search and rescue operations are underway, reports Xinhua news agency.The severe downpour started at 7 a.m. Sunday. It is the first round of torrential rain to hit the county …

New Delhi, April 29 (IANS) China has blocked Meta’s proposed $2 billion acquisition of artificial intelligence startup Manus, citing national security concerns, in a move that signals tighter regulatory scrutiny of cross-border technology deals, a new report has said.According to a report by Modern Diplomacy, the National Development and Reform Commission (NDRC) ordered the transaction to be unwound under foreign investment security rules introduced in 2021, which underscores Beijing’s incre…