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POLICY 

Screws tightened on private banks

China's banking regulator will strengthen the supervision of private banks to guarantee their legal operation and steady growth.

China to ban ivory trade

China has announced a decision to shut down the world's largest ivory market by the end of 2017. The move is cheered by conservationists around the world.

20 measures to boost foreign investment: NDRC

The State Council of China will soon release a notice that contains 20 measures to expand opening-up and boost foreign investment.

China to cut 800 mln tons of excess coal-making capacity annually

During the 13th five-year period, China will endeavor to slash 800 million tons of excess coal-making capacity annually.

China's salt reform begins, ending 2,600-year-long monopoly

China's salt monopoly reform began on Sunday, expected to scrap controls on the price and distribution of edible salt.

N China's city promotes clean energy use to cut pollution

To combat heavy smog, Cangzhou has offered one-off subsidies to encourage citizens to switch from coal to natural gas and electricity.

 

MARKETS

Bike-sharing battle may breed overcapacity: Analysis

China's ongoing battle between Mobike and Ofo, two major bike-sharing startups, may bring about unexpected side effects causing overcapacity and even damaging related brick-and-mortar businesses.

Zheng's view: Keep eye on Fed's move

A-shares moved higher on the first full trading day of the New Year that got going.

Security deposits hit 204.1 bln yuan

A-shares moved up on the first trading day of 2017, with Shanghai Composite up 1.04% and Shenzhen composites 0.84%.

160,000 jobs created in Xinjiang

As of the end of 2016, 160,000 jobs have been created in Xinjiang Uyghur Autonomous Region.

Funding structure changes in 2017: sources

Sources revealed that the funding structure of A-shares will change in 2017.

China to brake crazy expenditures over introduced players

Chinese authority proposes to adjust and cut down high outlays for inviting foreign players, and to reasonably regulate players' excessively high income.

 

COMPANIES

Foxconn to spend $8.8 bln in new Guangzhou plant

Electronics giant Foxconn will invest 8.8 billion US dollars for the establishment of a TV panel plant in Guangzhou, according to Terry Guo, founder of Foxconn.

China Railway expects first positive growth in freight volume in six years

China Railway Corporation is expecting its first positive growth in the volume of freight traffic in six years.

Sinomine signs $247 mln contract with Zambia

Sinomine Resource Exploration Co., Ltd. (Sinomine) announced late Tuesday that it has signed a construction contract worth 247 million US dollars with Zambian ministry.

Didi starts overseas service

China's largest car-hailing service provider Didi Chuxing (Didi) unveiled on Wednesday its car rental service overseas.

Master's victories draw attention to AI sector

Artificial Intelligence (AI)-based Master's victories against elite Go players online have promptly aroused attention from investors to listed companies in AI sector.

 

INVESTMENT

Handling capacity of Qingdao Port broke 500 mln tons 

The handling capacity of Qingdao Port in 2016 hit 500.36 million tons for the first time, up 3.3% year on year, according to reports.

Industry scale of big data to exceed 196 bln US dollars by 2020

The big data industry in China will keep its rapid growth in the coming 5 years, according to a white paper on China's big data trading industry.

Contents speak louder than appearance in live streaming

Professional Generated Content (PGC) mode is likely to lift the live streaming industry out of the current predicament.

PPP probed in service and depots construction: MoT

The PPP mode will be probed to introduce social capital into road passenger transport services, depots construction and operation services, according to Ministry of Transport of China.

Investment Projects Overview

The investment projects overview is to sort out opportunities for investors who are seeking business cooperation and expansion in China.

Culture and media capital market recovers: institute

The increase of financing scale indicates gradual market recovering in the culture and media sector.

PPP, solution to long-standing problems: Hainan

Over the recent several years, Hainan adopts Public-Private Partnership (PPP) mode to improve the governance of environment and people's livelihood.

 

CHENGDU OPENING UP

Wenjiang makes progress towards 3-A tourism award

The tourism sector of Wenjiang is expected to further expand, as a scenic spot within the district recently passed the preliminary assessment for the national 3-A tourism rating.

Chengdu Medical City Cup Innovation Competition opens

Sponsored by the Wenjiang district government, Chengdu Medical City Cup Innovation Competition opened on Dec 29.

Email: lijia@nbd.com.cn

Editor: Li Jia