Policy

China Has Cut 31.7 Million Tons of Steel Capacity This Year, NDRC Says

China Has Cut 31.7 Million Tons of Steel Capacity This Year, NDRC Says

So far this year, China has cut steel and coal capacity by 31.7 million tons and 68.97 million tons, fulfilling…

May 18, 2017
Yicai Global
China’s New Economic Zone to Put Planning, Design Out to Global Tender

China’s New Economic Zone to Put Planning, Design Out to Global Tender

The planning and design of 30 square kilometers of Xiongan New Area’s promoter region, encompassing 57 villages, will be open…

May 18, 2017
Yicai Global
Zhejiang Logs Quarterly GDP Topping CNY1 Trillion, Outpacing China’s Other Coastal Provinces

Zhejiang Logs Quarterly GDP Topping CNY1 Trillion, Outpacing China’s Other Coastal Provinces

In the first quarter, gross domestic product in east China’s Zhejiang province exceeded CNY1 trillion (USD145 billion) for the first…

May 18, 2017
Lin Xiaozhao
Local Governments Can’t Use PPP Projects to Finance Debt, Ministries Say

Local Governments Can’t Use PPP Projects to Finance Debt, Ministries Say

Local governments may not use Public-Private Partnership (PPP) projects to finance debt, Chinese agencies, including the Ministry of Finance, said in a recently issued a circular.

May 17, 2017
Zhu Yanran
New Regulations Are Not Responsible for Stock Market Dip, China’s Central Bank Says

New Regulations Are Not Responsible for Stock Market Dip, China’s Central Bank Says

Investors should not overreact to the downturn in China’s stock market, Financial News, a central-bank owned newspaper, reported after a…

May 17, 2017
Yicai Global
CIRC to Start Exploring Illegal Fund-Raising Risks in Insurance Sector This Month

CIRC to Start Exploring Illegal Fund-Raising Risks in Insurance Sector This Month

The China Insurance Regulatory Commission plans to investigate illegal fund-raising risks in the country’s insurance industry between May and July…

May 4, 2017
Yicai Global

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