China's Cabinet meeting studied measures to promote effective investment and will boost support for private investment, CCTV reports
Newsquawk Staff ·
- Aims to better utilise central budget investment, ultra long special treasury bonds and local government special bonds.
What it means
The report indicates that China's Cabinet is prioritizing measures to enhance effective investment and support private investment, which could signal a more favorable environment for private sector growth. This development may positively impact Chinese equities and commodities, as increased investment could stimulate economic activity amid ongoing global uncertainty.
- Japanese government expert panel discussed revision to three security-related documents, Kyodo reports citing sources; adding, "tax increases should not be ruled out as an option if necessary"
- Japan GPIF official says investing outside the TOPIX is important
- South Korea is reportedly considering an education tax on crypto exchanges
- Japan's Top Automobile Industry Union Group Chief says "we look beyond inflation-linked pay hikes for 2027 labour talks"
- China's fifth plenum gets underway, as scheduled, which is a closed-door convention involving officials from the Communist Party's Central Committee, while President Xi delivers the Work Report at the plenum, according to CCTV
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