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Here are some delayed updates about Chinese economy and financial market.

For faster updates and more details, please check The Wire!

 

Chinese firms’ hiring intentions hit 8-year high, share of companies planning to increase investment hit highest since Oct 2021 – survey

chinese manufacturing

The net balance measuring whether Chinese companies project an increase in headcount over the next 12 months was 11% in February, the highest level in eight years, according to a survey by S&P Global Market Intelligence, compared to only 2% in the previous survey conducted in October last year. 

China to set up enlarged financial regulator, restructure science & technology ministry, establish national data bureau

Shanghai

China on Tuesday unveiled a sweeping reform plan for a slew of state institutions, including restructuring the Ministry of Science and Technology (MST) and establishing a national financial regulatory administration, part of the country’s efforts to bolster its scientific-technology capabilities and economic and financial security amid growing external uncertainties.