CHINA PRESS: China To Support Domestic Circulation - Premier Li
China will enhance domestic circulation by coordinating measures to expand domestic demand and supply-side structural reforms, said Premier Li Qiang, at a meeting Thursday. Authorities should eliminate local protectionism and accelerate the construction of a unified national market, as well as strengthen core technologies and supply chain completeness, said Li. Economic policies should focus more on increasing social welfare and promoting consumption, Li added. (Source: Xinhua News Agency)
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MNI: CHINA MAR INDUSTRIAL OUTPUT +7.7% Y/Y VS MEDIAN +5.8% Y/Y: NBS
- CHINA MAR INDUSTRIAL OUTPUT +7.7% Y/Y VS MEDIAN +5.8% Y/Y: NBS
- CHINA MAR RETAIL SALES +5.9% Y/Y VS MEDIAN +4.2% Y/Y
- CHINA Q1 FIXED-ASSET INVESTMENT +4.2% Y/Y VS MEDIAN +4.1% Y/Y
- CHINA Q1 PROPERTY INVESTMENT -9.9% Y/Y VS MEDIAN -9.7% Y/Y
- CHINA MAR UNEMPLOYMENT RATE +5.2% VS FEB +5.4%
- CHINA Q1 INDUSTRIAL OUTPUT +6.5% Y/Y VS JAN-FEB +5.9% Y/Y
- CHINA Q1 RETAIL SALES +4.6% Y/Y VS JAN-FEB +4.0% Y/Y
- CHINA Q1 2025 REAL GDP +5.4% Y/Y VS MEDIAN +5.2% Y/Y: NBS
- CHINA Q1 2025 REAL GDP +1.2% Q/Q VS MEDIAN +1.4% Q/Q
CHINA PRESS: China To Increase Consumption Boosting Efforts - Premier Li
China should promote consumption, expand domestic demand, and strengthen domestic circulation with greater effort, calmly responding to the difficulties and challenges brought about by external shocks, said Premier Li Qiang. Authorities must make full use of policies to cope with the adverse impact on foreign trade by coordinating domestic and international standards and building a platform for high-quality foreign trade products to expand domestic sales, said Li. (Source: China Securities Journal)
CHINA PRESS: A-share Market Ushers In Buybacks And Shareholding Increase
Moves by listed companies to repurchase and increase shareholdings in the past week have helped to push the benchmark Shanghai Composite Index back above 3,200, highlighting investors’ confidence and authorities’ determination to stabilise the stock market, Shanghai Securities News reported. The total scale of repurchase and increase in holdings proposed by 252 listed firms reached CNY100.55 billion during April 7-15, with the scale and speed reaching record highs in recent years, the newspaper said.
