Today

Foreign direct investment (FDI) into China expanded 15.8% y-o-y to 63.47 billion yuan (US$9.14 billion) in July, recording a positive growth for the fourth consecutive month.  

Source: Ministry of Commerce
Today

A total of 59 major projects in the Hainan free trade port, including 12 foreign-funded and 47 domestic ones, have signed cooperation agreements, indicating a total investment of 14.2 billion yuan (US$2 billion), covering sectors such as tourism, modern service and high-tech.  

Source: sina.com.cn
13-Aug-2020

The People's Bank of China (PBoC) has issued 30 billion yuan (US$4.32 billion) worth of bills with the interest rate of 2.7% in Hong Kong today. 

Source: PBoC
13-Aug-2020

The 2020 China International Fair for Investment & Trade (CIFIT) and the Belt and Road Investment Congress will kick off next month in Xiamen.  

Source: Xinhua
10-Aug-2020

China's consumer price index (CPI), the main gauge of inflation, grew 2.7% y-o-y in July, while the producer price index (PPI), which measures costs for goods at the factory gate, fell 2.4% y-o-y in July.  

Source: National Bureau of Statistics of China
10-Aug-2020

Baoshang Bank will file for bankruptcy and liquidate its remaining assets, according to People's Bank of China.  

Source: PBoC
07-Aug-2020

China is considering rolling out new subsidiaries for new energy cars given that the sales volume is not promising amid the Covid-19.  

Source: aastocks.com
07-Aug-2020

The foreign trade volume in China has increased by 6.5% y-o-y as of end July, with exports and imports up 10.4% and 1.6% respectively.  

Source: aastocks.com
04-Aug-2020

China A-share's IPOs boomed in July, raising a record amount of 109.81 billion yuan (US$15.73 billion).  

Source: Shanghai Securities News
04-Aug-2020

The People's Bank of China is setting up a fintech subsidiary in a bid to enhance its digital capability.  

Source:
03-Aug-2020

China will continue to provide financing support to foreign trade firms through various means and further expand export credit to micro, small and medium-sized foreign trade companies in the face of weakening global demand and rising protectionism.  

Source: sina.com.cn
29-Jul-2020

Chinese fund management industry sees great demand in online wealth management services with large inflows from investors aged under 30, according to a recent report by Ant Group.  

Source: cnstock.com