A futures market or futures exchange is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. Futures exchanges […]
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds, and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. […]
In a speech given online for the opening of the China International Fair for Trade in Services (CIFTIS) on September 2, 2021, Chinese President Xi Jinping announced the creation of a new stock exchange in Beijing for small and medium-sized enterprises (SMEs). The new board focuses on innovation-oriented companies as a way of boosting strategic […]
China’s total imports and exports of goods are expected to reach $6 trillion in 2021, the Ministry of Commerce said on Dec. 30th 2021. The estimated figure sees an over 20% growth from a year earlier, said Vice Minister Ren Hongbin at a press conference. The year-on-year growth amounted to approximately 1.3 trillion dollars, equivalent […]
Shanghai, Shenzhen, Chengdu, Beijing and Guangzhou are the top Chinese cities by their inflow of talent over the past 10 years, Yicai reported on Nov 25 2021. The Chinese financial media outlet analyzed data from 35 cities, including municipalities, provincial cities with five million populations, those with GDP of over a trillion yuan and Dongguan, […]
China stock markets are one of the largest stock market in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China’s stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country’s rapidly growing high-tech sectors. Although traditionally closed off to overseas investors, […]
On Friday, the National Development and Reform Commission published the updated version of the FDI market entry negative list to solicit public opinions. The general trend is to further vitalize the FDI market and allow enterprises to play a bigger role. The latest version has six sectors with restricted market entry and requires permission be […]
China’s auto sales rose 4.5 percent year on year to nearly 23.49 million units in the first 11 months of 2021, data from the China Association of Automobile Manufacturers (CAAM) showed Friday. Meanwhile, auto production rose 3.5 percent year on year to 23.17 million units, according to the data. The better-than-expected performance of the auto […]
Taobao, China’s top e-commerce site, has introduced a browsing interface for older consumers. It is among the companies hoping to expand sales by making it easier for seniors to shop online. On Taobao’s new interface, photos and words are larger, there are fewer buttons, and functions are displayed more clearly on the front page. Nearly […]
The establishment of the Beijing Stock Exchange has provided a new financing channel for many small and medium-sized Chinese enterprises which may eventually rise in the future to become industry leaders with their pioneering technologies, market experts said. Of the first batch of 81 companies listed on the BSE, 87 percent are from advanced manufacturing, […]
