XFA Weekly Review 2017 Issue 42_Xinhua Finance Agency

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Issue		42
2017


	2017/10/15 - 2017/10/21

China’s GDP growth in 2017 to see 1st rise over past 7 yrs

China’s gross domestic product (GDP) registered 59,328.8 billion yuan in the first three quarters of this year, a y-o-y increase of 6.9 percent.

China's yuan funds for foreign exchange ends 22-month decline

China's central bank's yuan outstanding for foreign exchange (forex) rose in September, snapping a 22-month decline, data showed Thursday.

	PBOC governor: expand RMB volatility not a top priority

	Zhou said that to expand the volatility of RMB is not the top priority now. The current floating range can hardly restrict the exchange rate.


	China's central bank injects funds into market via MLF

		China's central bank Friday injected fresh funds via its medium-term lending facility (MLF) to keep liquidity stable.

CPI and PPI grow stably in Sept.

In September, China’s consumer price index (CPI) rose by 1.6 percent year on year and by 0.5 percent when compared with that in Augus

Rental housing market size expected to exceed RMB4 trln

Orient Securities: There will be 270 million Chinese renting houses and the leasing market size will reach 4.2 trillion yuan by 2030.

Baidu obtains license for insurance brokerage, BAT to develop insurance

Baidu Penghuan Asset Management Co., Ltd. under Baidu Inc. has completed the capital increase in a Heilongjiang-based insurance brokerage firm

AMCs enriche participants in debt-to-equity swap program

In order to better promote the debt-to-equity swap program, China should further expand market participants to improve market efficiency.

More Chinese enterprise to list in U.S.

Chinese concept stock initiated a wave of listing in the U.S. recently.

Sharing economy brings tail wind to production field

The sharing economy will set off for its next half journey – transform to production sector and penetrate into the high-end manufacturing sector.

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