2023 Semi-Annual GDP Report: 14 Provinces Outperforming National Growth, 3 Exceeding 8%

2023 Semi-Annual GDP Report: 14 Provinces Outperforming National Growth, 3 Exceeding 8%

As of July 28, 30 provinces, autonomous regions and municipalities have released their GDP “semi-annual reports” for 2023, and only Anhui Province has not released economic operating data for the first half of 2023. According to preliminary calculations by the National Bureau of Statistics, the GDP in the first half of the year was 59,303.4 … Read more

Airbus Forecasts High Demand for 9,440 New Aircraft in Chinese Market by 2042

Airbus Forecasts High Demand for 9,440 New Aircraft in Chinese Market by 2042

Airbus released the latest global market forecast. By 2042, the Chinese market will need more than 9,440 new passenger and cargo aircraft, accounting for 23% of the total global demand for new aircraft during the same period. According to statistics from the Civil Aviation Administration, by the end of 2022, the number of transport aircraft … Read more

Highlights of the Political Bureau Meeting: Boosting Domestic Demand and Investor Confidence

Highlights of the Political Bureau Meeting: Boosting Domestic Demand and Investor Confidence

The Political Bureau of the CPC Central Committee held a meeting on July 24 to analyze and study the current economic situation and deploy economic work in the second half of the year. Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting. The meeting held that since the beginning of this … Read more

Optimizing Real Estate Policies: Outlook on the 2022 Market and Policy Shifts

Optimizing Real Estate Policies: Outlook on the 2022 Market and Policy Shifts

In the sluggish state of the real estate situation, the meetings on real estate, especially the high-level meetings, have attracted the attention of the market. Previously, the market expected positive policies to further boost the property market. Now, a new round of policies may be coming. On July 24, the Politburo meeting of the Central … Read more

Russia Withdraws from Black Sea Grain Agreement, Citing Loss of Meaning

Russia Withdraws from Black Sea Grain Agreement, Citing Loss of Meaning

In an article published earlier on Monday, Russian President Vladimir Putin wrote that Russia withdrew from the Black Sea grain agreement that ensured the safe export of Ukrainian grains because it had lost its meaning. In the article, published on the Kremlin’s official website, Putin said: “The continuation of the ‘food agreement’ – (which) did … Read more

Competition Intensifies in Fund Agency Market as Bank Stocks’ Market Share Falls Below 50%

Competition Intensifies in Fund Agency Market as Bank Stocks’ Market Share Falls Below 50%

Recently, data on the holding scale of fund agency sales in the second quarter, which has attracted much attention from the market, has been released. Brokers have continued to perform well. However, in the crowded fund agency market, the competition among banks, brokerages, and independent fund sales agencies is becoming more and more fierce. Mixed … Read more

Accelerated Construction of Water Conservancy Infrastructure: Driving China’s Economic Recovery

Accelerated Construction of Water Conservancy Infrastructure: Driving China’s Economic Recovery

Since the beginning of this year, the construction of water conservancy infrastructure has been accelerated, which has provided important assistance for the continuous recovery of China’s economy. Recently, Vice Minister Wang Daoxi of the Ministry of Water Resources presided over a water conservancy infrastructure construction scheduling meeting. When deploying the next step, he asked, “Water … Read more

Guangdong’s New Regulations for Drug Catalogs in Medical Institutions: Cancelling Restrictions on Medication Numbers

Guangdong’s New Regulations for Drug Catalogs in Medical Institutions: Cancelling Restrictions on Medication Numbers

Under the background of the state’s requirement to strengthen the green channel for children, rare diseases and other groups to use medicines, and to accelerate the admission of national medicines to hospitals, Guangdong plans to formulate new regulations, which will not only benefit patients, but also facilitate the healthy development of clinical drug management. On … Read more

Shaanxi Provincial Listed Reserve Enterprises: 2023 List and Incentive Measures

Shaanxi Provincial Listed Reserve Enterprises: 2023 List and Incentive Measures

Recently, the Local Financial Supervision and Administration Bureau of Shaanxi Province, together with the Shaanxi Securities Regulatory Bureau, the Shaanxi Provincial Department of Finance, the Shaanxi Provincial Development and Reform Commission, the Shaanxi Provincial Department of Science and Technology, the Shaanxi Provincial Department of Industry and Information Technology, and the Shanghai, Shenzhen, and North Exchanges … Read more

President Macron Outlines Direction for New French Government

President Macron Outlines Direction for New French Government

On the second day after the French government was reshuffled, President Macron delivered a speech at the Elysee Palace, pointing out the direction of the new government’s work. Macron emphasized that France will achieve a more independent development model in the future, mainly reflected in the economy, industry, energy, military and geopolitics. This independence will … Read more