Financial Authorities Declarations
Flash News !
-The China Securities Depository and Clearing Corporation Limited (CSDC) data showed that 1.34 million new investors enter the Shanghai and Shenzhen Stock markets in November up 36.38% from previous month. CSDC data also highlighted that A-shares accounts reached 196 million Yuan at the end of November. From January to November, 18.26 million new investors enter Chinese bourses exceeding the 2020 level and 2017 record high!
-The chinese cotton output at the end of November stood at 5.73 Million tonnes down 3% yoy due to the decrease of 4.4% yoy of cotton fields areas (3.03 Million hectares). In the same time, cotton yield per hectare reached 1892.6 Kg up 1.5%. 89% of the output came from Xinjiang Uygur Autonomous Region with a total production 5.1 Million tonnes.
Data of the State Administration of Foreign Exchange.
| Commercial Banks | November 2021 | Units |
| Net FOREX Settlements | 160.9 | Billion Yuan |
| – Purchases | 1.51 | Trillion Yuan |
| – Sales | 1.35 | Trillion Yuan |
The CSRC approved IPO !
The China Securities Regulatory Commission. (CSRC) approved IPO of Jiangsu Smartwin Electronics Technology Co., Ltd., SEP Analytical (Shanghai) Co., Ltd. and Ganzhou Teng Yuan Cobalt New Material Co., Ltd. on the ShenZhen ChiNext market.
Central Bank Operations and declarations
The National Interbank Funding Center (NIFC) lowered the 1-Year Loan Prime Rate (LPR) to 3.80% (previous 3.85%) while the 5-Years LPR is unchanged at 4.65%.
| Date | Operations | Maturity | Amount | Interest rate |
| December 20 | Reverse Repo | 7-days | 10 Billion Yuan | 2.2% |
| Reverse Repo | 14-days | 10 Billion Yuan | 2.35% | |
| December 22 | Reverse Repo | 7-days | 10 Billion Yuan | 2.2% |
| Reverse Repo | 14-days | 10 Billion Yuan | 2.35% | |
| December 23 | Reverse Repo | 7-days | 10 Billion Yuan | 2.2% |
| Reverse Repo | 14-days | 10 Billion Yuan | 2.35% | |
| December 24 | Reverse Repo | 7-days | 10 Billion Yuan | 2.2% |
| Reverse Repo | 14-days | 10 Billion Yuan | 2.35% |
People’s Bank of China (PBOC) Data
| November 2021 | Units | |
| Total Bonds Issuance | 6.34 | Trillion Yuan |
| Treasury Bonds issuance | 669.76 | Billion Yuan |
| Loval Gvt Bonds | 680.38 | Billion Yuan |
| Financial bonds | 1.01 | Trillion Yuan |
| Corporate Bonds | 1.42 | Trillion Yuan |
| Asset-Backed securities | 129.65 | Billion Yuan |
| interbank deposit certificates | 2.39 | Trillion Yuan |
| Outstandings of Bonds hled in custody | 131.7 | Trillion Yuan |
Government Declarations
The State Council’s Executive Meeting chaired by Premier LI Keqiang declared that “China will continue to expand opening-up, roll out measures to respond to difficulties and challenges, ensure cross-cyclical adjustments and help ease problems facing enterprises with a special focus on supporting smaller ones, as part of effort to secure business orders, anchor market expectations and underpin steady growth of foreign trade”
The State Council also indicates carefully monitor the foreign trade as uncertainty and new challenges are rising and could affect the stability of the economy and development. In 2022, new measures will be established to stabilize or maintain foreign trade activities in case of needs. As a part of the policy support to imports and exports activities, tax and fees cuts and exports tax rebates are scheduled and will be implemented faster.
The Financial institutions will be guided to support the development of new products to fit the demand of firms in foreign trade activities.
“The RMB exchange rate will be kept basically stable, and banks will be encouraged to conduct forward foreign exchange settlement and sales services in a targeted manner, to make foreign trade enterprises more resilient to exchange rate risks.”
Data published !
| Jan-Nov 2021 | Units | ||||
| Non-Financial ODI | 640.38 | Billion Yuan | |||
| — Growth | -2.9 % | yoy | |||
| Non-Financial ODI | 99.13 | Billion usd | |||
| — Growth | +4.3 % | yoy | |||
| Net FOREX Settlements | 1.43 | Trillion Yuan | |||
| November 2021 | Units | ||||
| Electricity Consumption | 671.8 | Billion kWh | |||
| — Growth | +3.1 % | yoy | |||
| — Growth from 2019 | +6.6 % | over 2 years | |||
| Natural gas output | 17.7 | Billion m^3 | |||
| — Growth | +4.4% | yoy | |||
| Jan-Nov 2021 | Units | ||||
| Electricity Consumption | 7.5 | Trillion kWh | |||
| — Growth | +11.4 % | yoy | |||
| Natural gas output | 186 | Billion m^3 | |||
| — Growth | +19 % | yoy | |||
| Natural gas imports | 109,76 | millions tonnes | |||
| — Growth | +21.8 % | yoy | |||
Sources : Ministry of Finance, People’s Bank of China and the State Administration of Foreign Exchange, National Bureau of Statistics, Ministry of Commerce, Ministry of Finance, General Administration of Customs, State-owned Assets Supervision and Administration Commission
