China sees fast-growing intended investment in high-tech sectors -- The planned investment or intended investment in China's high-tech sectors saw strong growth in the first eight months of 2018, data showed. From January to August, new intended investment in such sectors surged 69.6 percent from the year earlier, the National Development and Reform Commission said in a report, citing data from the online platform for approving and monitoring investment projects.
290 bln yuan of reverse repo to mature in coming week -- A total of 290 billion yuan (about 42.3 billion U.S. dollars) of reverse repos are set to mature in the coming week, according to Wind, a service provider. Over the past week, the People's Bank of China (PBOC), the central bank, injected 325 billion yuan to the money market through tools including reverse repos and the medium-term lending facility (MLF).
China's financial leverage ratio continues to fall in Q2 -- The leverage ratio of China's financial sector continued to fall in the second quarter of the year, retreating to the level of 2014, according to a leading Chinese think tank. The leverage ratio measured by asset decreased to 64.3 percent at the end of Q2 from 69.7 percent at the end of 2017, according to a report from the Chinese Academy of Social Sciences (CASS).
China's ODI in countries along Belt and Road grows by 6.9pct annually in past 4 yrs -- China's outbound direct investment (ODI) in Belt and Road countries has grown by 6.9 percent annually in the past four years, with a total of 64.64 billion U.S. dollars, according to a report released in Beijing on September 22 by Chinese Academy of International Trade and Economic Cooperation under China's Ministry of Commerce.The report draws an outline of the development of economic and trade cooperation between China and countries along the B&R routes, and summarizes the achievements by now. It shows that the field of two-way investment has been continuously expanded, which facilitates the "going-out" of China's equipment, products, technology, standards and services.
574 Chinese enterprises operating in Kyrgyzstan by end 2017 -- Statistics from the National Statistical Committee of Kyrgyzstan showed that there had been 574 Chinese-funded enterprises operating in Kyrgyzstan by the end of 2017, including 177 joint ventures and 397 wholly-owned Chinese enterprises. The number of Chinese-funded enterprises operating in Kyrgyzstan ranked the second among all foreign-owned enterprises in Kyrgyzstan, second only to Russia.
Ernst & Young: Chinese banks issue loans of over USD200 bln to Belt & Road projects -- Chinese-funded banking institutions have participated in nearly 2,700 Belt and Road projects in the past three years, with a total credit line of around 400 billion U.S. dollars and loans of over 200 billion U.S. dollars, according to a report recently released by the accounting giant Ernst & Young.At present, China has carried out various forms of financial cooperation with B&R countries and international organizations, according to Liu Ye, partner of Transaction Advisory Services of Ernst & Young.
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