With the gradual improvement and recovery of the national economy and consumer spending power since the pandemic,the smart phone market in China finally started to look hopeful near the end of 2023,and is expected to ...With the gradual improvement and recovery of the national economy and consumer spending power since the pandemic,the smart phone market in China finally started to look hopeful near the end of 2023,and is expected to rebound for the first time in the past ten quarters.Recently,the IDC released ten insights into the smart phone market in China in 2024 in terms of future overall market development trends,industry technology upgrading direction and changes in consumer demand.展开更多
In 2022,the development of the virtual reality industry attracted much attention.The State has introduced a series of policies to guide and support the integration and application of virtual reality and traditional in...In 2022,the development of the virtual reality industry attracted much attention.The State has introduced a series of policies to guide and support the integration and application of virtual reality and traditional industries to promote industrial development.More than 15 provinces,municipalities and regions in China have issued policies related to the metaverse and virtual reality,aiming to guide healthy and orderly development of the virtual reality and metaverse industries.展开更多
In recent years,the growth in the number of pet owners and the number of pets in China,combined with the improvement in pet owners’consumption power,has promoted the growth of pet consumption demand.Pet-related consu...In recent years,the growth in the number of pet owners and the number of pets in China,combined with the improvement in pet owners’consumption power,has promoted the growth of pet consumption demand.Pet-related consumption has doubled After a long period of expansion,China’s pet market is poised to enter a new phase of strong growth,supported by increasing urbanization,growing demand for and awareness of pets among the younger generation,and a growing need for companionship.Pets are also becoming an important part of more and more Chinese families.展开更多
According to data from ii-Media Research,China’s night economy has grown rapidly since 2016.By the end of 2020,the scale of China’s night economy had exceeded RMB 30 trillion,an increase of 5.0%over the same period ...According to data from ii-Media Research,China’s night economy has grown rapidly since 2016.By the end of 2020,the scale of China’s night economy had exceeded RMB 30 trillion,an increase of 5.0%over the same period of last year,and it is expected to exceed RMB 48 trillion in 2023.According to the latest survey data of the Ocean Engine City Institute in 2023,more than 60%of respondents will go out for activities or consumption at night,among which citizens in high-speed cities have a higher preference for going out at night because of the relatively perfect urban infrastructure.展开更多
The launch of the long-anticipated trading link between the Shanghai and Hong Kong stock marketsstaged a lacklustre start last month, but industry insiders still expect the initiative to sustain a rally in mainland eq...The launch of the long-anticipated trading link between the Shanghai and Hong Kong stock marketsstaged a lacklustre start last month, but industry insiders still expect the initiative to sustain a rally in mainland equities, despite the economic slowdown. The wider opening-up of the Shanghai stock market will help the city's move towards becoming a global financial centre with loosened controls on capital account.展开更多
China has been shifting from an investment-led growth model to a more consumption-driven one, However, as economic expansion slows and the central government steps up the anti-corruption drive, is the rebalancing in...China has been shifting from an investment-led growth model to a more consumption-driven one, However, as economic expansion slows and the central government steps up the anti-corruption drive, is the rebalancing initiative still going well? In order to arrest the slowdown, the central government has rolled out a set of targeted measures this year, including moves to ease credit to smaller firms and channel more capital into the real economy under an accommodative fiscal policy.展开更多
China's financial authorities are set to push forward further reforms in select sectors in a bid to sustain economic growth without stoking asset bubble fears or piling up record debt.
After experiencing several disappointing years in luring companies to list on its turf, the Shanghai Stock Exchange has finally announced a plan that may fundamentally alter its long-term ambition to create a blue-chi...After experiencing several disappointing years in luring companies to list on its turf, the Shanghai Stock Exchange has finally announced a plan that may fundamentally alter its long-term ambition to create a blue-chip market. China's biggest bourse, which used to host some of the world's largest companies by market value, is considering establishing a board for strategic emerging industries in order to better serve high-growth firms and those with innovative business models, Huang Hongyuan, the exchange's president, told a forum in late March.展开更多
Shanghai-listed shares jumped 9.88% between July and September, posting their best quarterly performance in three years. Interestingly, investors may have found that companies with the word Shanghai in their names led...Shanghai-listed shares jumped 9.88% between July and September, posting their best quarterly performance in three years. Interestingly, investors may have found that companies with the word Shanghai in their names led the gains.展开更多
In the past decade, the world economic engine has been shifted to the emerging countries, as the developed world has been plagued by weakened competitiveness and lingering financial turmoil. This year, 2013, will be t...In the past decade, the world economic engine has been shifted to the emerging countries, as the developed world has been plagued by weakened competitiveness and lingering financial turmoil. This year, 2013, will be the first in history when the emerging markets, led by Brazil, Russia, India, China and South Africa (the BRICS), account for more than half of the world's total GDP in terms of purchasing power.展开更多
China's initiative to internationalize ,the yuan is set to enter a new level, with the currency's strong perfor mance this year reviving yuan-backed offshore bond issuance and business start- ing to regain momentum ...China's initiative to internationalize ,the yuan is set to enter a new level, with the currency's strong perfor mance this year reviving yuan-backed offshore bond issuance and business start- ing to regain momentum in the Western Hemisphere. China Construction Bank Corp., the nation's No.2 lender by market value, in November became the first mainland com- pany to sell the offshore yuan-denominatedbond, better known as Dim Sum debt, in London, and plans to use the proceeds to develop its overseas yuan business.展开更多
The coastal city of Wenzhou in Zhejiang Province has introduced a pilot scheme in which private capital is used to fund the growth of small firms. The scheme is a key part of a mile-stone national reform aimed at clea...The coastal city of Wenzhou in Zhejiang Province has introduced a pilot scheme in which private capital is used to fund the growth of small firms. The scheme is a key part of a mile-stone national reform aimed at clearing up the country's grey-market lending.展开更多
In the latest move to boost the private sector, China in July unveiled a detailed policy mix of tax relief and credit support to encourage privately- owned companies to invest overseas. Under new guidelines, jointly ...In the latest move to boost the private sector, China in July unveiled a detailed policy mix of tax relief and credit support to encourage privately- owned companies to invest overseas. Under new guidelines, jointly issued by 13 central government ministries and departments, the creation is called for of a favourable and stable overseas investment environment for private enterprises, with the aim of helping them balance their capital flows and rise up the global value chain.展开更多
Tight credit policies, slowing domestic growth amid a weaker global economy as well as worries about bad loans and a bubble bust in the housing market have placed Chinese mainland stocks in a negative territory this y...Tight credit policies, slowing domestic growth amid a weaker global economy as well as worries about bad loans and a bubble bust in the housing market have placed Chinese mainland stocks in a negative territory this year.展开更多
"However, battered public confidence in bullet trains, the prospect of decreasing jet fuel costs and a constantly rising yuan have combined to offer a fillip for the sagging market fortunes of Chinese air-li..."However, battered public confidence in bullet trains, the prospect of decreasing jet fuel costs and a constantly rising yuan have combined to offer a fillip for the sagging market fortunes of Chinese air-lines."展开更多
Chinese banks remain among the most profitable in the world. Thanks to regulations that preented overleveraging and risky trading, Chinese banks didn't get crushed by the financial crisis like many of their foreign c...Chinese banks remain among the most profitable in the world. Thanks to regulations that preented overleveraging and risky trading, Chinese banks didn't get crushed by the financial crisis like many of their foreign counterparts. But the banking heavyweights can't expect the heyday to go on forever. Despite recording impressive profits this year, the rising capital requirements will force banks to change their business models.展开更多
After handing out over a trillion dollars in credit last year, Chinese banks are trying to build a sea of capital reserves to keep any future non-performing loans from hitting them where it hurts. In doing so, they wi...After handing out over a trillion dollars in credit last year, Chinese banks are trying to build a sea of capital reserves to keep any future non-performing loans from hitting them where it hurts. In doing so, they will have to iump over countless hurdles to keep the pain away from investors and the economy.展开更多
While the media has been caught up in discussing the new short selling and margin trading platforms that debuted in January, Zhang Yujun, president of the Shanghai Stock Exchange, has been focused on a completely diff...While the media has been caught up in discussing the new short selling and margin trading platforms that debuted in January, Zhang Yujun, president of the Shanghai Stock Exchange, has been focused on a completely different matter. In speech after speech he has mentioned the growth of exchange traded funds (ETFs) -- publicly listed funds that mimic the performance of equity indexes via buying into member companies based on their weightings -- as the most effective way to manage risk in China's wealth management sector.展开更多
Chinese regulators are continuing expansion of a pilot program for margin trading and short sales launched in April in order to bolster liquidity and spur turnover in the lack- luster Chinese mainland stock market. B...Chinese regulators are continuing expansion of a pilot program for margin trading and short sales launched in April in order to bolster liquidity and spur turnover in the lack- luster Chinese mainland stock market. Besides increasing the number of securities firms allowed to participate, regulators are also considering a proposal to set up intermediary agencies to lend money and securities to investors.展开更多
文摘With the gradual improvement and recovery of the national economy and consumer spending power since the pandemic,the smart phone market in China finally started to look hopeful near the end of 2023,and is expected to rebound for the first time in the past ten quarters.Recently,the IDC released ten insights into the smart phone market in China in 2024 in terms of future overall market development trends,industry technology upgrading direction and changes in consumer demand.
文摘In 2022,the development of the virtual reality industry attracted much attention.The State has introduced a series of policies to guide and support the integration and application of virtual reality and traditional industries to promote industrial development.More than 15 provinces,municipalities and regions in China have issued policies related to the metaverse and virtual reality,aiming to guide healthy and orderly development of the virtual reality and metaverse industries.
文摘In recent years,the growth in the number of pet owners and the number of pets in China,combined with the improvement in pet owners’consumption power,has promoted the growth of pet consumption demand.Pet-related consumption has doubled After a long period of expansion,China’s pet market is poised to enter a new phase of strong growth,supported by increasing urbanization,growing demand for and awareness of pets among the younger generation,and a growing need for companionship.Pets are also becoming an important part of more and more Chinese families.
文摘According to data from ii-Media Research,China’s night economy has grown rapidly since 2016.By the end of 2020,the scale of China’s night economy had exceeded RMB 30 trillion,an increase of 5.0%over the same period of last year,and it is expected to exceed RMB 48 trillion in 2023.According to the latest survey data of the Ocean Engine City Institute in 2023,more than 60%of respondents will go out for activities or consumption at night,among which citizens in high-speed cities have a higher preference for going out at night because of the relatively perfect urban infrastructure.
文摘The launch of the long-anticipated trading link between the Shanghai and Hong Kong stock marketsstaged a lacklustre start last month, but industry insiders still expect the initiative to sustain a rally in mainland equities, despite the economic slowdown. The wider opening-up of the Shanghai stock market will help the city's move towards becoming a global financial centre with loosened controls on capital account.
文摘China has been shifting from an investment-led growth model to a more consumption-driven one, However, as economic expansion slows and the central government steps up the anti-corruption drive, is the rebalancing initiative still going well? In order to arrest the slowdown, the central government has rolled out a set of targeted measures this year, including moves to ease credit to smaller firms and channel more capital into the real economy under an accommodative fiscal policy.
文摘China's financial authorities are set to push forward further reforms in select sectors in a bid to sustain economic growth without stoking asset bubble fears or piling up record debt.
文摘After experiencing several disappointing years in luring companies to list on its turf, the Shanghai Stock Exchange has finally announced a plan that may fundamentally alter its long-term ambition to create a blue-chip market. China's biggest bourse, which used to host some of the world's largest companies by market value, is considering establishing a board for strategic emerging industries in order to better serve high-growth firms and those with innovative business models, Huang Hongyuan, the exchange's president, told a forum in late March.
文摘Shanghai-listed shares jumped 9.88% between July and September, posting their best quarterly performance in three years. Interestingly, investors may have found that companies with the word Shanghai in their names led the gains.
文摘In the past decade, the world economic engine has been shifted to the emerging countries, as the developed world has been plagued by weakened competitiveness and lingering financial turmoil. This year, 2013, will be the first in history when the emerging markets, led by Brazil, Russia, India, China and South Africa (the BRICS), account for more than half of the world's total GDP in terms of purchasing power.
文摘China's initiative to internationalize ,the yuan is set to enter a new level, with the currency's strong perfor mance this year reviving yuan-backed offshore bond issuance and business start- ing to regain momentum in the Western Hemisphere. China Construction Bank Corp., the nation's No.2 lender by market value, in November became the first mainland com- pany to sell the offshore yuan-denominatedbond, better known as Dim Sum debt, in London, and plans to use the proceeds to develop its overseas yuan business.
文摘The coastal city of Wenzhou in Zhejiang Province has introduced a pilot scheme in which private capital is used to fund the growth of small firms. The scheme is a key part of a mile-stone national reform aimed at clearing up the country's grey-market lending.
文摘In the latest move to boost the private sector, China in July unveiled a detailed policy mix of tax relief and credit support to encourage privately- owned companies to invest overseas. Under new guidelines, jointly issued by 13 central government ministries and departments, the creation is called for of a favourable and stable overseas investment environment for private enterprises, with the aim of helping them balance their capital flows and rise up the global value chain.
文摘Tight credit policies, slowing domestic growth amid a weaker global economy as well as worries about bad loans and a bubble bust in the housing market have placed Chinese mainland stocks in a negative territory this year.
文摘"However, battered public confidence in bullet trains, the prospect of decreasing jet fuel costs and a constantly rising yuan have combined to offer a fillip for the sagging market fortunes of Chinese air-lines."
文摘Chinese banks remain among the most profitable in the world. Thanks to regulations that preented overleveraging and risky trading, Chinese banks didn't get crushed by the financial crisis like many of their foreign counterparts. But the banking heavyweights can't expect the heyday to go on forever. Despite recording impressive profits this year, the rising capital requirements will force banks to change their business models.
文摘After handing out over a trillion dollars in credit last year, Chinese banks are trying to build a sea of capital reserves to keep any future non-performing loans from hitting them where it hurts. In doing so, they will have to iump over countless hurdles to keep the pain away from investors and the economy.
文摘While the media has been caught up in discussing the new short selling and margin trading platforms that debuted in January, Zhang Yujun, president of the Shanghai Stock Exchange, has been focused on a completely different matter. In speech after speech he has mentioned the growth of exchange traded funds (ETFs) -- publicly listed funds that mimic the performance of equity indexes via buying into member companies based on their weightings -- as the most effective way to manage risk in China's wealth management sector.
文摘Chinese regulators are continuing expansion of a pilot program for margin trading and short sales launched in April in order to bolster liquidity and spur turnover in the lack- luster Chinese mainland stock market. Besides increasing the number of securities firms allowed to participate, regulators are also considering a proposal to set up intermediary agencies to lend money and securities to investors.