Swedcham China Insights

- Hong Kong exchange to launch HKD-RMB dual counter model in June
- China’ non-financial ODI up 26.6% in Jan-Apr
- Xi calls for advancement of all-round cooperation with Russia
- Vice Premier: China ready to work with intl community to promote global trade, investment
-2023 Zhongguancun Forum opens in Beijing

- China’s State Council stresses accelerating development of advanced manufacturing clusters
- China’s foreign trade up 5.8% in the first 4 months of 2023
- BEYOND Expo kicks off in Macao SAR showcasing frontier technologies
- China’s CPI rises 0.1%, PPI down 3.6% in April
- China to fully resume quick customs clearance at ports

- China to speed up high-quality development, deepen opening-up in economic work
- China’s digital economy a new growth engine to drive modernization: report
- HKSAR economy rebounds 2.7% in Q1, back to growth
- Chinese FM to visit Pakistan, attend China-Afghanistan-Pakistan FMs’ Dialogue
- Vice President Han Zheng to attend coronation of Britain’s King Charles

-China stresses enterprises’ role in innovation, reaffirms support for private sector
-China replaces PCR test requirement for inbound travelers with antigen test
-China completes landmark national real estate registration system
-China issues guidelines to stabilize scale, optimize structure of foreign trade
-China unveils measures to boost employment

- China’s State Council discussed the improvement on employment policies and opening-up
- FM: China ready to facilitate resumption of peace talks between Israel, Palestine
- The 20th Shanghai International Automobile Industry Exhibition kicked off
- China’s civil aviation transport sees strong recovery in Q1
- MOFCOM: China’s FDI up 4.9% in Q1, with focus on high-tech

Top news of the week: China calls for impartial investigation into the Nord Stream pipeline leaks October 3, 2022 Geng Shuang, China’s deputy permanent representative to the UN on last Friday in a speech at UN Security Council stated that the damage to the two pipelines was most likely deliberate and called for an “impartial” and “objective” investigation into the matter. He also expressed the...

According to the report published by the People’s Bank of China (PBOC), cross-border renminbi receipts and payments in non-banking sectors hit a record high of 36.6 trillion yuan (US$5.1 trillion) last year, up 29 percent year-on-year. SWIFT data shows that renminbi, whose international payment share increased to 2.7 percent in December 2021 and further increased to 3.2 percent in January 2022...

At the signing ceremony of the 19th China-ASEAN Expo held in China’s southwest city Nanning, Guangxi Zhuang Ethnicity Autonomous Region on September 16, 2022, a total of 267 investment cooperation projects were signed, with a total investment of 413 billion yuan, an increase of 37 percent over the previous one, and the contracted amount reached an all-time high.