Headline News

MSCI to raise the share of China's A-stocks in its indexes

Index provider MSCI has said it will raise the inclusion factor of China's large-cap A-shares in its indexes from the current 10 percent up to 15 percent. The decision will take effect after the market close on August 27.

China's gold reserves grow for 8th straight month

China's gold reserves rose for an eighth straight month in July, the central bank said Wednesday. Gold reserves stood at 62.26 million ounces in July, up 320,000 ounces month on month.

China's forex reserves stand at 3.1037 trln U.S. dollars at end of July

China's foreign exchange reserves came in at 3.1037 trillion U.S. dollars at the end of July, official data showed Wednesday. The amount increased by 31 billion U.S. dollars, or 1 percent from the beginning of 2019. 

China foreign service trade up 2.6 pct in H1

China's foreign service trade totaled 2.61 trillion yuan (about 377 billion U.S. dollars) during the first half of the year, up 2.6 percent year on year, the Ministry of Commerce said Monday.

China maintains top position in global shipbuilding industry in H1

China's accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology.

China to issue special bonds to vitalize rural areas

China will encourage the issuance of special bonds by local governments to finance rural vitalization projects as part of efforts to boost rural industries and increase farmers' income.

China's central SOEs see solid net profit growth in H1

The net profit of China's centrally-administered state-owned enterprises (SOEs) saw stable growth in the first half of 2019, with an all-time high reached in June, official data showed Tuesday.

China's non-financial ODI up 0.1 pct in H1

China's non-financial outbound direct investment (ODI) maintained healthy growth in the first half of this year, official data showed Tuesday.

China approves investment projects worth 69 bln USD in H1

China's top economic planner approved 94 fixed-asset investment projects with combined investment totaling 471.5 billion yuan (about 69 billion U.S. dollars) in the first half of the year, official data showed.

China's imports of major commodities rise in H1

China imported more major commodities in the first half of this year. The country's imports of crude oil climbed 8.8 percent year-on-year to 245 million tonnes during the period.

China's foreign trade up 3.9 pct in H1

China's foreign trade remained stable growth in the first half of this year by expanding 3.9 percent year on year, the General Administration of Customs said Friday. 

China to intensify punishment on credit defaulters on sci-tech innovation board

China has released a guideline to underline information disclosure and strengthen sanctions on credit defaulters on the newly launched science and technology innovation board.

Moody's affirms China's A1 ratings with a stable outlook

The international rating agency Moody's confirmed China's A1 ratings on Thursday, saying the outlook for the country is stable.

UnionPay issues over 7.5 billion cards globally

China's payment giant UnionPay has issued over 7.5 billion cards around the world, including 1.2 billion in 52 countries and regions outside the Chinese mainland, reports China News Agency.

China makes notable progress in trade, economic cooperation in past 70 years: report

China has made remarkable progress in foreign trade and economic cooperation in the past 70 years thanks to its opening-up policy, according to a report from the National Bureau of Statistics (NBS).

China's economy stable and sound in first half of 2019: premier

Premier Li Keqiang Tuesday said China's economy maintained stable performance with improving momentum for growth in the first half of this year.

China to become more open for foreign investment: premier

​Chinese Premier Li Keqiang said Tuesday the country will become more open, transparent and predicable for foreign investment, and its business environment will further improve.

Nearly 6,000 fugitives return to China in past five years

A total of 5,974 fugitives returned to China from 2014 to this May, an official statement said Wednesday. Among them, 1,425 were Party members and state functionaries and 58 were listed on the Interpol Red Notice.

Xi requires deepening CPC's self-reform

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has called for deepening the self-reform of the Party in the new era.

China plans to introduce qualified overseas traders for cotton futures

China's Zhengzhou Commodity Exchange will promote the introduction of qualified overseas traders in the trading of cotton futures. The exchange listed the goal in a recently-issued white paper on cotton futures.

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