XFA Weekly Review 2015 Issue 39_Xinhua Finance Agency

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Issue		39
2015


	2015/09/20 - 2015/09/26

Spotlight: Economic engagement highlighted during Xi's first stop in U.S.

Chinese President Xi Jinping wrapped up his trip to Seattle Thursday,focused on building stronger economic links and closer business cooperation.

China Headlines: China initiates new round of reform and opening up

China's President Xi Jinping has decided to deepen the reform and open up the country wider to the outside world.

	China urges SOE modernization through mixed ownership reform

	The State Council has issued a new guideline urging state-owned enterprises (SOEs) to accept mixed ownership and modernize.


	Stratification system of New Third Board to initiated within 2015

		Sui Qiang, the deputy general manager from the NEEQ indicated that the New Third Board should cater to changes in the market’s structure.

PBOC reverse repo to ease cash strain,likely to cut RRR and interest rates

Central bank extended reverse repo term to ease cash strain, RRR and interest rates likely to be cut in Q4.

Upstream and downstream firms of property industry under great pressure

Industries related to the real estate industry are experiencing a slow process of de-capacity due to undesirable performance of it.

Small and medium life insurance companies need to reinforce profitability

nsurance Association of China issued Development Research Report on Small and Medium Life Insurance Companies (the Report) yesterday.

Local bad-debt banks to bring in commercial banks as shareholders

Local bad-debt banks to bring in commercial banks as shareholders, intensified strength to deal with non-performing loans

Local government bonds to face price-rising wave

Dispute between local governments and banks intensifies, local government bonds to face price-rising wave.

China-Britain economic dialogue fruitful

Chinese Vice Premier Ma Kai and British Chancellor of the Exchequer George Osborne on Monday co-chaired the 7th China-Britain EFD.

Alibaba desterilizes non-tradable shares, market focuses on Yahoo strategy

The stock price of Alibaba Group Holding Limited (BABA.NYSE) has dropped below its offering price since its listing for one year.

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