• The third batch of free trade zones is expected to be approved within the year, with Chongqing, Sichuan, Hubei, Henan, Guangxi, and Liaoning being the most hopeful candidates: Economic Information Daily
  • China’s debt-to-equity swap scheme, which is led by the county’s National Development and Reform Commission, could come as early as mid-to-late September, and large state-owned commercial banks could be the first batch of pilot banks to participate in the plan:  China Securities Journal
  • China Foreign Exchange Trade System (CFETS) said that the CFETS RMB index on 26 August 2016 closed at 94.06,  falling 0.05% from a week before
  • China’s central enterprises account for 66.5% of total debt defaults so far this year: Securities Daily
  • The National Development and Reform Commission issued a development plan for Guizhou to build an inland open economy
  • China Iron and Steel Association said its member enterprises’ daily crude steel output in mid-August rose to 1.75 million tons, increasing 2.97% month on month
  • Public funds in China in the first half of the year saw a total of losses of 232.2 billion yuan, with the stock and mixed funds registering losses of 110.1 billion yuan and 187.2 billion yuan, respectively: Securities times
  • China Coal Transportation & Sale Society said coal stockpiles in Qinhuangdao port have fallen to 2.84 million tons, and Qinhuangdao’s thermal coal price has risen to 485-495 yuan per ton
  • The Shanghai index closed 0.05% higher by the midday break, while the Shenzhen index climbed 0.49% and the ChiNext index rose 0.71%