The China Banking and Insurance Regulatory Commission said on Jan 3 that household savings should be guided into the capital market.
The ChiNext Index, China's Nasdaq-style board of growth enterprises, lost 1.98 percent to close at 1,736.62 points Monday.
The Chinese delegation to the 2017 Asia-Pacific Economic Cooperation CEO Summit in Da Nang, Vietnam, which has more than 300 members from 176 enterprises, both State-owned and private, is the largest apart from the host delegation. Among these, 18 are global Fortune 500 companies and 24 are among the Top 500 in China.
The Centers for Disease Control and Prevention reported 41 new cases of measles in the week ended May 31, calling it the worst outbreak since 1992.
The Caixin manufacturing PMI, which surveys more small and medium-sized enterprises and export-oriented enterprises located in eastern coastal regions, recorded a growth in October as against the market expectations of a moderation. The current reading, coupled with the still-solid official PMIs released earlier, suggests China's growth recovery remained on track last month, said Lu Ting, chief China economist at Nomura and other experts, in a research note.
The Chinese mainland's Bond Connect arrangement with Hong Kong-a long-awaited program that gives overseas investors direct access to the mainland's trillion debt market-opened on Monday.
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The China-initiated trade-promoting event was forecast to strengthen relationship between China and South Korea as it promotes the free flow of production factors and optimizes the allocation of resources between the two sides, said Lee.
The Chinese mainland economy expanded 6.8 percent in the first half.
The Canton Tower stands in Guangzhou, Guangdong province, on Aug 9, 2018. [Photo/Sipa]
The China Entry-Exit Inspection & Quarantine Association anti-pandemic industry branch is committed to serving member companies, which will help promote the industrial upgrading, innovate in products offering and business models and foster the high-quality development of the industry, said Wang Xin, president of China Entry-Exit Inspection & Quarantine Association.