CHINA SECURITIES JOURNAL
- China's investor confidence index rose to 64.6 in February, up 9.5 percent from a year earlier, but down 4.6 percent from January, according to a report from China Securities Investors Protection Fund.
- China's ongoing reforms will be the key driver for the healthy development of the country's equity markets, Xiao Gang, Chairman of the China Securities Regulatory Commission (CSRC), said on Monday. China's recent interest rate cut, which came into effect on March 1, does not signal a change in direction for China's monetary policy, Yao Yudong, head of the research department at People's Bank of China (PBOC), said on Monday.
- Outlines for a joint development plan for China's neighbouring Beijing, Tianjin and Hebei regions have been drafted and will be released soon, officials said in Beijing on Monday. The director general of the Shanghai futures exchange proposed three ways to develop the market on Monday, including speeding up the development of futures law, removing unnecessary barriers to corporate clients accessing the market, and developing a government debt futures market.
- Around 380 people in China donated organs in roughly the first two months of the year, according to former vice minister of health Huang Jiefu. China suspended using organs from executed prisoners in January. Shanghai's bad loan ratio is unlikely to rise sharply this year, although "some individual enterprises may default on loans," the head of the city's banking regulator said over the weekend.
- Over nine out of every 10 white collar workers in the Chinese business hub Shanghai are ready to change jobs after slower economic growth lead to disappointing salary increases last year, according to a report from Chinese recruitment portal zhaopin.com.
