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State-owned Housing Intermediaries
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Future Development of Shanghai Economic growth rate of Shanghai dropped to only 7% in the first quarter of 2021, marking the lowest one among all the provincial districts. As a window to observe China’s development, Shanghai’s situation leads to some experts’ hard-landing consideration of the whole economy. How to improve innovation and complete transformation of development pattern is not only the task faced by Shanghai, but also a key factor to the prospect of Chinese economy.
Say Goodbye to the Golden Times of Coal Market
Innumerable capital had flooded into the coal market under the stimulation of profits in the previous years. Contrary to the story, nowadays, the domestic coal price is experiencing a continual decrease. The port stocks of coal surged recently and it predicts that the ten-year golden times of the coal market is ending.
It was reported that Beijing will set up state-owned housing intermediaries, which has caused consideration and controversy as the market is currently measuring the government intervention. Some experts consider that the policy will encounter difficulties in practice.
Proposal of Retirement Delay Under Study
The policy proposal of retirement delay from official department has caused wide discussion recently. This proposal is aimed to solve the problem of pension gap, which is getting bigger. However, there is no final decision yet for policy makers at present and several programs are still under study by some domestic and abroad research institutions.
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