1. GLGA Intelligence Tank | Chinese Economists 50 Forum - Shenzhen Seminar kicks off to give suggestions to develop "Shenzhen under construction as a pilot demonstration area for socialism".2019-11-18
    On November 17, 2019, Chinese Economists 50 Forum - Shenzhen Seminar kicked off to explore ways to develop "Shenzhen under construction as a pilot demonstration area for socialism". Leaders of the Standing Committee of Shenzhen Municipal Party Committee, academic members of the Chinese Economists 50 Forum, experts and other guests attended the Seminar and delivered important speeches on fresh positioning, fresh role and fresh development of Shenzhen in the new era. The Green Legal Global Alliance Research Institute sorted out the views of all parties in the Seminar and paid attention to the new development path of Shenzhen in the new era.
  2. GLGA Intelligence Tank | The Latest Report of the PBC Talked About These Big Events: Exchange Rate, Prices, Central Bank Bills...2019-11-18
    On November 16, the PBC released a Report on the Implementation of China's Monetary Policy in Q3 2019 (the "Report" for short below), which covered the economy, prices, policies, RMB exchange rate, central bank bills, and the next stage of monetary policy thought.
  3. GLGA Intelligence Tank | The 17th Caijing Annual Meeting kicks off to look into the economic development trend of China and the world in 2020.2019-11-13
    Recently, Caijing Annual Conference 2020: Forecasts and Strategies was held in Beijing to look into the economic development trend of China and the world in 2020. The Green Legal Global Alliance Research Institute presents the latest news for you.
  4. GLGA Intelligence Tank | The PBC announces "rate cut"! Both onshore and offshore RMB bounces back to 7.00 per USD.2019-11-06
    On November 5, the onshore RMB kept appreciating and ended at 7.00 per USD, a new high since August 5, with a daily appreciation of nearly 300 points. Before this, the offshore RMB appreciated and recovered to 7.00 per USD, marking the first time since August 13. By 16:30 on the day, the onshore RMB closed at 6.9975 against the USD, up 327 base points from the previous trading day, plunging beyond 7 per USD for the first time since August 5.
  5. GLGA Intelligence Tank | Big news! Yi Huiman details the direction of the capital market reform: 4 opening-up initiatives will be introduced this year.2019-11-04
    One year after announcing the establishment of the Sci-Tech Innovation Board and 100 days after its operation, Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC) accepted a special interview with Xinhua News Agency and CCTV-2 to explain how to promote the Board to the whole A-share market and how to comprehensively advance the reform of the capital market. Yi said that after the opening of the Board, preliminary outcomes have been seen and it keeps in line with the expectation and remains basically stable"; in a hundred days of trading, the stock price fluctuates and I think it is quite normal. As a result of the game, some companies see certain regression and divergence. The Green Legal Global Alliance Research Institute organizes the interview contents and pays close attention to the direction and new measures of the capital market reform.
  6. GLGA Intelligence Tank | Raised to a national strategy, the 100 billion blockchain market is greeted with favorable policies.2019-10-28
    On October 25, the Political Bureau of the CPC Central Committee organized members to study blockchain. On the afternoon of October 26, the 14th meeting of the Standing Committee of the 13th Standing Committee of the National People's Congress voted to adopt and execute the Cryptography Law on January 1, 2020, providing additional support to the blockchain of distributed ledger technology to organize and record data through cryptology.
  7. GLGA Intelligence Tank | Yi Gang meets heads of monetary policy of the IMF and the US and the UK - What is the emphasis of their dialogue?2019-10-21
    www.pbc.gov.cn | Updated: October 19 From October 17 to 18, 2019, Yi Gang, governor of the People's Bank of China, and Chen Yulu, deputy governor of the People's Bank of China, attended the G20 Finance Ministers and Central Bank Governors Meeting held in Washington DC. The meeting dealt mainly with the global economic situation, infrastructure investment, international financial architecture, financial industry reform, stablecoins, international taxation and other issues. GLGA Research Institute collates the results of the dialogue among central bank governors and pays close attention to the development trend of global financial and monetary policies.
  8. GLGA Intelligence Tank | Five departments make clear the "schedule" to transfer state-owned assets to the National Social Security Fund by the end of 2020.2019-10-16
    In 2017, the State Council issued the Implementation Plan for Transferring Part of State-owned Assets to the National Social Security Fund (the Implementation Plan for short below). According to the Implementation Plan, the central and local state-owned and state-controlled large and medium-sized enterprises and financial institutions shall be covered in the scope of transfer. 10% of the state-owned equity shall be transferred. In the second half of this year, the transfer of state-owned assets to the National Social Security Fund has been expedited at full speed. Recently, the pace of transferring state-owned assets to the National Social Security Fund has been significantly picked up. On the evening of September 25, the Agricultural Bank of China and the Industrial and Commercial Bank of China issued an announcement to transfer 10% of their shares to the National Council for Social Security Fund. After that, the PICC, Bank of Communications and other institutions also followed up. GLGA Research Institute focuses on the transfer and straightens out the reasons, key points and comments of all parties in this transfer.
  9. GLGA Intelligence Tank | The 8th Meeting of the Financial Stability and Development Committee brings good news to the economy and the stock market!2019-10-09
    On September 27, the 8th meeting of the Financial Stability and Development Committee of the State Council kicked off to study issues such as deepening the reform of the financial system and enhancing the ability of financial services to serve the real economy, and to deploy key tasks next. The Green Legal Global Alliance Research Institute studied and organized the relevant news in a timely way.
  10. GLGA Intelligence Tank | The 2018 CSR Report of the Trust Industry states that RMB13.72 trillion was invested in the real economy.2019-10-03
    On September 26, the CSR Report of the Trust Industry (2018-2019) (the Report for short below) prepared by China Trustee Association was released. Focusing on winning the three critical battles, the Report presents the achievements of China's trust industry fulfilling its social responsibilities for party building, legislation, economy, fiduciary issues, people's livelihood, environment, public welfare, humanism and responsibility management from 2018 to 2019. The Green Legal Global Alliance Research Institute sorted out the contents and highlights of the Report and paid close attention to accomplishments of China's trust industry in deepening transformation and development.