The China Digest | Hong Kong can help China be world's shareholder: Charles Li
Are the bulls coming? Photo: Reuters/Bobby Yip
Are the bulls coming? Photo: Reuters/Bobby Yip

Hong Kong can help China be world’s shareholder: Charles Li

The most important and market-moving stories from the Chinese-language media

China can be a world shareholder, Charles Li says

The Hong Kong market can help turn China from a “world creditor” to a “world shareholder,” Charles Li Xiaojia, chief executive of Hong Kong stock exchange, told Sina Finance on Monday afternoon, after the launch of the Shenzhen-Hong Kong Stock Connect. The next step for Hong Kong’s bourse is to focus on inclusion of exchange-traded funds and initial public offerings in the two Connect programs, Li said. 
专访李小加:港交所助力中国从全球债主变成全球股东

Stricter supervision set for state-owned assets 

The Central Leading Group for Comprehensively Deepening Reforms is urging authorities to better supervise state-owned enterprises and assets through auditing, a YiCai eport said, citing CCTV news on Monday night. The group also encouraged the simplification of the supervision process by promoting corporate governance, the report added.
深改组:完善国有资产审计制度,加强国有资产监督

Local governments to assess energy conservation 

The evaluation of China’s energy conservation and the review of fixed assets projects will be done by local governments starting from 2017, YiCai reported, citing the National Development and Reform Commission website.
发改委:明年起固定资产投资项目节能审查交由地方负责

Guangzhou to invest 11b yuan in technology innovation in 2017

The Guangzhou government will invest 11 billion yuan (US$1.5 billion) in technology innovation in 2017, including building an international research and development center, expanding the scale of incubators, and subsidizing high-technology companies, Xinhua News Agency reported on Monday night.
广州:2017年科技创新投入将超过110亿元

70% of budget will go into original content: LeTV

LeTV President Ko Fei announced a new direction for its television content, a YiCai eport said on Monday, citing a corporate letter. More than 70% of the budget will finance production of original content and programs will target various audience age groups.
乐视视频宣布架构调整 未来加大内容布局

China promotes 2016 agriculture census

China’s 2016 Census of Agriculture will start on January 1, 2017 and a promotional campaign was launched to inform people and encourage farmers to register, Xinhua reported on Monday evening. The National Bureau of Statistics also has a video about the census on its website. The census is a statistical protrait of the country’s fundamental agricultural conditions and any changes since the last census in 2006. This census is done once every decade and the first one was completed in 1996.
10年一次的全国农业普查将全面启动

State Council to impose green tax 

The State Council wrote in its 13th Five-Year Plan it plans to levy a tax on companies to encourage environmental protection, reported YiCai on Friday night. A preferential taxation policy will also be adopted on ecological construction and the use of clean energy, the report added.
“十三五”生态环境保护规划出炉,将开征环境保护税

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