Key Chinese provinces in China are to raise technology spending in 2026 budget reports, including Guangdong, Zhejiang and Hainan, according to China Securities Journal
The announcement of increased technology spending in key Chinese provinces for 2026 signals a strategic push to bolster innovation and economic growth.
PBoC injects CNY 410bln via 7-day reverse repos with the rate at 1.40%
PRE-MARKET CHINESE STOCKS NEWS: China's Commerce Ministry called on the US to abandon unilateral tariffs, while it will adjust countermeasures and monitor US actions
Key Chinese provinces in China are to raise technology spending in 2026 budget reports, including Guangdong, Zhejiang and Hainan, according to China Securities Journal
PBoC sets USD/CNY mid-point at 6.9321 vs exp. 6.8824 (Prev. 6.9414)
Major Japanese brokerage warns that yen could test post-election low if BoJ appointments are dovish
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This could have significant implications for sectors like technology and manufacturing, potentially attracting investment and influencing broader regional economic policies.
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