China Digest

Economics and policy from China’s newspapers

Monday September 25, 2017

Cost-performance of electric cars will dominate by 2025

The cost-performance ratio of electric cars will outperform fuel cars by 2025 at the latest, Caixin reported, citing Chen Qingtai, Chairman of China EV 100, at a forum on Sunday.

Regulators issue warnings to 47 New Third Board firms

At least 47 publicly traded companies listed on the New Third Board received cautions from the regulator for not releasing semi-annual reports on time without proper reasons last week, a severe breach of information disclosure rules, Yicai.com reported.

Property curbs in China signal desire to stabilize market

The two-day property curb crackdown that occurred in eight Chinese cities on Friday and Saturday was designed to stabilize the market, analysts told Xinhua News Agency on Sunday.

Positive outcomes expected for 937 publicly listed firms

As of Sunday, 1,225 publicly listed firms have released their performance notices for the first three quarters, with 75% of them, some 937 companies, reporting positive outcomes, according to Wind Terminal and reported by China Securities Journal.

Financial environment credited for SOE improvement

The current financial environment is the main factor for the improvement of the operating efficiency of China’s state-owned enterprises over the past year, Wang Tao, Chief China Economist of UBS, said in an interview with Yicai.com.

China and Russia agree to expand energy cooperation

Chinese Vice-Premier Zhang Gaoli and Deputy Prime Minister of Russia Arkady Dvorkovich formally agreed to expand energy cooperation between the two nations at the 14th annual China-Russia Energy Cooperation Committee summit, the 21st Century Business Herald reported.