• The State Council dispatches seven steering teams composed by officials from ministries and commissions to seven municipalities and provinces on a mission of promoting
  • The China Banking Regulatory Commission says it is working on management policies for wealth management business of commercial banks; now the draft polices are pending for feedback
  • China’s securities regulators say that one in third of the investors of the New Third Board are unqualified
  • Land sale revenues in China’s 50 cities account for nearly 1 trillion yuan, up 38.5% YoY
  • Enterprises and financial institutions from China and Africa have singed 39 cooperative agreements valued at around $17 billion in six sectors including infrastructure, processing and manufacturing, financial investment, energy, agriculture and IT
  • 40% to 50% of Chinese tourists scrap their original plans to travel to Europe in wake of recent terrorist attacks
  • A report released by Renmin University of China says that around 7.51% of China’s industrial companies are zombies as of 2013, down from 30% in 2000
  • China came at the top in making foreign direct investment in Nepal in the 2015-16 fiscal year