• The development plan for the Yangtze River Economic Belt has been issued to 11 provinces and municipalities along the river, the 21th Business Herald reported, citing sources within the NDRC
  • China’s Ministry of Industry and Information Technology plans to to invest 140 billion yuan over the next five years to accelerate the installation of broadband Internet in rural areas as part of the government’s “Internet Plus” strategy
  • The central government’s outstanding debt in the first quarter stood at 10.7 trillion yuan: MOF
  • Total trading volume of China’s foreign exchange market in May stood at 10.15 trillion yuan or $1.55 trillion: SAFE
  • China’s trade deficit in services narrowed to $19.1 billion in May from $20.3 billion in April; China had a $48.1 billion surplus on trade of goods in May: the FX regulator
  • The Shanghai – Hong Kong Stock Connect, saw a net fund inflow of 4 billion yuan, for the southbound trade, the second largest inflow since the beginning of the year
  • China’s official manufacturing Purchasing Managers’ Index(PMI) is expected to have slipped to a four-month low of 50.0 in June from 50.1 in May, a Reuters poll showed,
  • Vanke said it will resume its trading as soon as possible, and the resumption will not have to depend on the result of its restructuring plan