Macro Economy

Shanghai Vies to Be Major International Finance Center by 2020, Says Secretary of Shanghai CPC

Shanghai Vies to Be Major International Finance Center by 2020, Says Secretary of Shanghai CPC

Shanghai will be built into an international finance center by 2020 in line with China's economic strength and the international…

Jun 20, 2017
Yicai Global
Work to Realize Shanghai-London Stock Connect Scheme Is Underway in Earnest, Says CSRC Vice Chairman

Work to Realize Shanghai-London Stock Connect Scheme Is Underway in Earnest, Says CSRC Vice Chairman

Efforts to establish the Shanghai-London Stock Connect scheme are under way and China is keen on establishment of it as…

Jun 20, 2017
Yicai Global
China Will Support Russia’s Issuance of Yuan-Denominated Sovereign Bonds

China Will Support Russia’s Issuance of Yuan-Denominated Sovereign Bonds

The seventh China-Russia Financial Ministerial Dialogue was held in Shanghai yesterday. The two countries discussed cooperation on yuan-denominated sovereign bonds,…

Jun 20, 2017
Yicai Global
China’s Demographic Dividend Has Passed, CASS Vice President Says

China’s Demographic Dividend Has Passed, CASS Vice President Says

The year 2010, when China’s demographic dividend peaked, was a turning point for China, Cai Fang, vice president of the…

Jun 19, 2017
Yicai Global
Some 15% of Chinese Enterprises Repay Debt With New Loans, Increasing Financial Risk, Says Report

Some 15% of Chinese Enterprises Repay Debt With New Loans, Increasing Financial Risk, Says Report

Some 15 percent of Chinese enterprises’ ‘interest coverage ratio’ (ICR) is less than 1, meaning those Chinese firms are still…

Jun 19, 2017
Song Yikang
China, Brazil Agree to Enhance Financial Cooperation

China, Brazil Agree to Enhance Financial Cooperation

Senior finance officials from China and Brazil agreed to step up financial cooperation in multiple areas and to advance the…

Jun 19, 2017
Yicai Global
Chinese Firms Express Optimism After Panama Establishes Diplomatic Ties With China

Chinese Firms Express Optimism After Panama Establishes Diplomatic Ties With China

The Chinese Chamber of Commerce in Panama held a meeting on June 16 for Chinese companies to discuss their prospects after the country established diplomatic relations with China.

Jun 19, 2017
Yicai Global
CASS Report Predicts a Yearly Growth Rate of 6.6%, Projects Active Growth for Q2

CASS Report Predicts a Yearly Growth Rate of 6.6%, Projects Active Growth for Q2

Economists’ positive expectations for the overall economy have further gelled

Jun 15, 2017
Zhu Yanran
IMF Ups China’s GDP Growth Forecast From 6.6% to 6.7%

IMF Ups China’s GDP Growth Forecast From 6.6% to 6.7%

The International Monetary Fund (IMF) has nudged up its forecast for growth of China’s gross domestic product this year…

Jun 15, 2017
Yicai Global
China's Economy Grew Steadily in May Despite Dip in Investment, Official Data Shows

China's Economy Grew Steadily in May Despite Dip in Investment, Official Data Shows

China’s economy grew steadily last month alongside industry and retail sales, though investment and real estate growth slowed somewhat, data from the National Bureau of Statistics shows.

Jun 14, 2017
Yicai Global
Guangdong Will Build Pearl River Delta Economic Zone to Aid Lagging Region in Its Eastern Part

Guangdong Will Build Pearl River Delta Economic Zone to Aid Lagging Region in Its Eastern Part

To bolster economic growth in the underdeveloped northwest part of its eastern region, Guangdong, the largest provincial economy in China,…

Jun 14, 2017
Lin Xiaozhao
Nobel Laureate Thomas J. Sargent Joins University in Shenzhen as the City Imports Top Scientists

Nobel Laureate Thomas J. Sargent Joins University in Shenzhen as the City Imports Top Scientists

As one of the world's most dynamic and innovative cities, Shenzhen’s efforts to bring in the world’s top scientists have been impressive in recent years.

Jun 13, 2017
Wang Yufeng

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