Market Flash

In September 25th, 2019, the Bank of China Research Institute released the economic and financial outlook for the four quarter of 2019.

• GDP

Electricity demand in the first three quarters is still relatively weak. By the end of August, the cumulative growth rate of electricity consumption in the whole society had fallen back to 4.45% year on year.

• electricity

President and chief executive officer of General Electric International, recently told Xinhua in a written interview that GE is optimistic about China's market prospects.

• GE

On Sept 26, the foreign exchange bureau released data on China's banking external financial assets and liabilities at the end of 6 2019.

• foreign
• exchange

It means that China will bid farewell to the coal-electricity linkage mechanism which has been implemented for 15 years.

• coal-electricity

On September 25, the Ministry of Finance released statistics showing that from January to August, the main economic indicators of state-owned and state-owned holding enterprises in the country continued to grow.

• enterprise

According to the National Bureau of Statistics on September 27, in January-August, the total profits of Industrial Enterprises above the national scale reached 4016.35 billion yuan.

• industry
• profit

Seventy is magnificent, and seventy changes have taken place. With the progress of new China, the same coal group has gone through 70 glorious years.

• high-quality
• development

According to statistics submitted by information submitted by electric power enterprises, in August 2019, the total amount of coal entering the province was 10 million 218 thousand and 900 tons.

• power
• plant

With the coming of the fourth quarter, steel demand will enter the off-season.

• steel

The executive meeting of the State Council decided to abolish the linkage mechanism of coal and electricity prices from January 1 next year and change the benchmark price mechanism into a market mechanism of "benchmark price + fluctuation".

• coal
• electricity

Affected by extreme weather and other factors, the profit growth rate of industrial enterprises declined in August.

• industry

The Ministry of Commerce today released data on China's trade in services from January to August.

• trade

The executive meeting of the State Council held on September 26 pointed out that from January 1, next year, the linkage mechanism of coal.

• power
• industry

According to data released by the National Bureau of Statistics on August 27th, profits of Industrial Enterprises above the scale dropped by 2.0% compared with the same period last year.

• enterprise
• growth

This year, the downward pressure on the macro-economy has increased, and industrial demand has continued to weaken.

• coastal
• coal

Recently released the state owned assets management of Shanxi Province in 2018, of which the total assets of the provincial regulatory enterprises were 2 trillion and 955 billion 150 million yuan, accounting for 78.33% of the state owned enterprises.

• coal
• enterprise

According to data released by the National Bureau of Statistics on the 27th, in the first eight months of this year, the profits of Industrial Enterprises above the national scale totaled 4016.35 billion yuan.

• industry
• growth

The meeting proposed that the construction of the global energy Internet is a deep-seated energy revolution.

• energy

China's current account surplus was 598.4 billion yuan in the first half of 2019, and its capital and financial account surplus was 291.2 billion yuan

• surplus