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1.17413
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Gold
4943.97
0.163%
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60.337
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158.187
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Real-time News
Ukrainian President Zelensky: The format of the talks will be decided on the fly, and we are in contact with the negotiating team in Abu Dhabi.January 23 – In 2025, 70,392 new foreign-invested enterprises were established nationwide, a year-on-year increase of 19.1%; actual utilized foreign investment amounted to RMB 747.69 billion, a year-on-year decrease of 9.5%. By industry, actual utilized foreign investment in manufacturing reached RMB 185.51 billion, and in services RMB 545.12 billion. Actual utilized foreign investment in high-tech industries reached RMB 241.77 billion, with actual utilized foreign investment in e-commerce services, medical equipment and machinery manufacturing, and aerospace and equipment manufacturing increasing by 75%, 42.1%, and 22.9%, respectively. By origin, actual investment from Switzerland, the UAE, and the UK increased by 66.8%, 27.3%, and 15.9%, respectively (including investment data through free ports).On January 23, Shenzhen released the "Shenzhen Municipal Measures for the Management of Allocated Affordable Housing," which will take effect on March 1, 2026. Applicants for allocated affordable housing must meet the following conditions: Shenzhen household registration; no self-owned housing in Shenzhen and no transfer or division of self-owned housing due to divorce within the three years prior to the application acceptance date; and at least five years of social security contributions in Shenzhen (three years for those meeting the talent introduction and household registration approval conditions stipulated by the municipal government). The municipal housing security implementation agency or district housing authorities may adjust some application conditions based on the specific circumstances of the allocated affordable housing project. The specific application conditions for each project, after approval by the municipal housing authorities, will be specified in the projects allocation announcement. Allocated affordable housing will be subject to strict closed management and cannot be converted into commercial housing in any way.On January 23, Transfar Smart Logistics announced that on January 22, 2026, its subsidiaries Transfar Logistics and Fujian Transfar Logistics signed an agreement to transfer 90% of their equity and debt in Wenzhou Highway Port to Wenzhou Tubang for RMB 192 million. The transaction does not constitute a related-party transaction or a major asset restructuring and does not require approval from the board of directors or shareholders. Wenzhou Highway Ports revenue in 2024 was RMB 19.5804 million and net profit was RMB 7.5489 million. In the first three quarters of 2025, its revenue was RMB 16.5102 million and net profit was RMB 4.5455 million. After the transaction, the company will no longer be included in the consolidated financial statements, and an asset disposal loss of approximately RMB 5.6438 million is expected.January 23 – Data released by the Reserve Bank of India (RBI) on Friday showed that rising gold prices and the increased value of non-dollar assets drove the countrys foreign exchange reserves to their largest increase in over ten months. Indias foreign exchange reserves increased by $14.17 billion in the week ending January 16 – the largest increase since early March last year – reaching $701.4 billion. Despite the central banks intervention to support the rupee, foreign exchange reserves still increased. Sakshi Gupta, chief economist at HDFC Bank Limited, said, "Despite the RBIs intervention, the increase in reserves was due to the valuation effect of rising gold prices and the appreciation of non-dollar assets."
