Fu Linghui, a spokesperson for the National Bureau of Statistics, said that in the next stage, China and the United States will significantly reduce tariffs, which will be conducive to the growth of bilateral trade and the recovery of the world economy.
Domestic news: 1. The Central Committee of the Communist Party of China and the State Council have issued the "Regulations on Party and Government Organs to Practice Saving and Oppose Waste". 2. Guangzhou's first home loan interest rate has been raised by 10BP against the trend? There are still uncertainties. 3. The Tianwen No. 2 probe has been successfully transferred to the launch area and plans to launch at the end of May. 4. Foreign media: Nvidia will adjust its chip exports to China. 5. Med...
China's central bank: today launched 64.50 billion yuan 7-day reverse repurchase operation, the bid volume 64.50 billion yuan, win the bidding volume 64.50 billion yuan, the operating rate of 1.40%, the same as before.
On May 14, the reporter learned from the Ministry of Commerce on the 14th that according to the "Executive Order on Amending the Reciprocal Tariff Rate to Reflect the Talks with the People's Republic of China" issued by the White House on May 12, the United States has revoked the 91% tariff imposed on Chinese goods (including Hong Kong Special Administrative Region and Macao Special Administrative Region goods) under Executive Order No. 14259 on April 8, 2025 and Executive Order No. 14266 on Apr...
The reporter learned from the Ministry of Commerce on the 14th that according to the "Executive Order to Modify the Reciprocal Tariff Rate to Reflect the Talks with the People's Republic of China" issued by the White House on May 12, the United States has revoked the restrictions on Chinese goods (including incense) under Executive Order No. 14259 of April 8, 2025 and Executive Order No. 14266 of April 9, 2025 at 00:01 am Eastern Time on May 14.
On May 14, Chen Binhua, a spokesperson for the Taiwan Affairs Office of the State Council, pointed out in response to Lai Qingde's remarks on the 14th that the Second World War was an unprecedented catastrophe in human history. This year marks the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War, and the 80th anniversary of Taiwan's recovery. In light of past knowledge, compatriots on both sides of the strait sho...
China Central Depository and Clearing Co., Ltd.: For overseas central bank institutions that open an account with China Central Clearing Corporation through the People's Bank of China or an interbank market settlement agent after January 1, 2025 (inclusive), the full amount of the account opening fee of 500 yuan per account will be exempted. For the relevant fees that have been actually paid for the above-mentioned business after January 1, 2025 (inclusive), China Central Clearing Corporation wi...
Nomura published a research report that China and the United States announced a tariff agreement, which surprised the market. Although investors have expected tariffs to be reduced in recent days, Nomura believes that this reduction is much more than expected, and global stock markets are also "relieved". It is expected that it will become a support factor for positive risk appetite in the near future, and will upgrade China's stock rating to "tactical overweight".
The iShares MSCI China ETF rose 3.7%, the iShares China Large Cap ETF rose 3.2%, and the Kraneshares CSI China Internet ETF rose 5%.
On May 10, Xinhua News Agency published a commentary entitled "China's Unswerving Position on Safeguarding the International Economic and Trade Order", saying that at the request of the US, the China-US high-level economic and trade talks were held in Switzerland. On the basis of fully considering global expectations, Chinese interests, the appeal of the US industry and consumers, China has decided to agree to engage with the US. China has strong resistance to pressure and sufficient policy tool...
On May 9th, the service consumption and pension reloan quota is 500 billion yuan, with an annual interest rate of 1.5%. The term is 1 year, and it can be extended twice. The maximum term of use does not exceed 3 years. The recipients include 21 national Financial Institution Groups such as China Development Bank, policy banks, state-owned commercial banks, Postal Savings Bank of China, and joint-stock commercial banks, and 5 city commercial banks belonging to the Systemically Important Financial...
China's central bank: today launched 77 billion yuan 7-day reverse repurchase operation, the bid volume 77 billion yuan, win the bidding volume 77 billion yuan, the operating rate of 1.40%, the same as before.
On May 9th, the People's Bank of China launched a 7-day reverse repurchase operation of 77 billion yuan today. Because no 7-day reverse repurchase expired today, it achieved a net investment of 77 billion yuan on the same day. The People's Bank of China launched a total of 836.10 billion yuan 7-day reverse repurchase operation this week. Because a total of 1.6178 trillion yuan 7-day reverse repurchase expired this week, the overall net return was 781.70 billion yuan this week. To see the flow of...
On May 9, the People's Republic of China and the Russian Federation Joint Statement on Global Strategic Stability. The two sides stressed the importance of maintaining constructive major powers to resolve global strategic issues in the following pairs. Nuclear-weapon states have special responsibilities for international security and global strategic stability, and should abandon the Cold War mentality and zero-sum game, and refrain from taking measures that raise strategic risks. Concerns shoul...
Foreign Ministry Spokesperson Lin Jian presided over a regular press conference. When asked by Bloomberg reporters, the spokesperson of the Chinese Ministry of Commerce said that if the US wants to solve the problem through negotiation, it must be ready and take action on issues such as correcting its wrong practices and canceling unilateral tariffs. Is this the bottom line for negotiations between the two sides? Can the spokesperson comment further? Lin Jian said that regarding the China-US hig...