Domestic exchange-traded funds (ETFs) developed rapidly in China in 2021, as their value climbed 30.55 percent year on year, said the Shenzhen Stock Exchange in a research report.The scale of ETFs listed and traded on the Chinese mainland hit 1.4 trillion yuan (220.13 billion U.S. dollars) by the end of 2021, according to the report issued on Sunday.In 2021, equity ETFs reported the largest asset size, accounting for 67.44 percent of the domestic ETF market, followed by currency ETF, accounting for 20.97 percent.The scale of cross-border equity ETFs went up 212.33 percent year on year.In terms...
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BEIJING, April 11 (Xinhua) -- China's inflation remained generally stable in March despite sporadic domestic resurgences of COVID-19 and bulk commodity price hikes in the international market, official data showed on Monday.China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in March, the National Bureau of Statistics (NBS) said Monday.The figure was higher than the 0.9-percent year-on-year growth recorded in February.A breakdown of the data showed that food prices saw contraction narrow to 1.5 percent year on year, dragging the CPI down by 0.28...
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BEIJING, April 11 (Xinhua) -- Despite the possibility that foreign direct investment may not keep the same level as last year, the long-term trend is that companies here for the Chinese market continue to be here, said a World Bank official.Martin Raiser, World Bank country director for China, told Xinhua in an exclusive interview that China remains an attractive place for global business, despite rising wages compared with its competitors.'China produces the whole spectrum of manufactured goods, low-skilled goods, medium-skilled goods, and increasingly high-skilled or high technology cont...
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Since the beginning of this year, investment and construction in many fields have made remarkable efforts. On April 9th, the Securities Daily reporter learned from China National Railway Corporation (hereinafter referred to as 'China State Railway Group Co.,Ltd.') that in the first quarter of this year, the fixed assets investment of national railways was 106.5 billion yuan, a year-on-year increase of 3.1%, and 447 kilometers of new railway lines were opened, including 233 kilometers of high-speed railway.Pang Yun, chief economist and chief strategist of Huaxing Securities (Hong Kong),...
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China's deepening market-oriented reform ushered in an important puzzle.The Opinions of the CPC Central Committee and the State Council on Accelerating the Construction of a National Unified Market was published on the 10th. Analysts believe that building a new pattern with a big market and promoting the transformation of China's market from big to strong is the highlight of the current deepening reform, which deserves high attention from all parties.Why do you need a 'national unified market'?At the beginning of the Opinions, it was emphasized that building a unified national ...
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2022
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