Three Chinese authorities including the Ministry of Housing and Urban-Rural Development Tuesday rolled out a phased supportive policy on deferring housing provident fund contributions, saying that enterprises affected by the epidemic can apply for postponing of payment and make the payment afterward. The regular withdrawal and loan application of the fund would not be affected.
The State Council on Thursday issued a guideline on further revitalising existing assets and expanding effective investment to promote the healthy development of real estate investment trusts (REITs) in the infrastructure sector. More qualified infrastructure REITs projects are encouraged to go public as project reviews will be further accelerated.
Coming up on today’s program.重点提要
国资委助力中小企渡难关：25日，国资委发布《关于中央企业助力中小企业纾困解难促进协同发展有关事项的通知》，要求中央企业要及时足额支付账款，助力缓解中小企业资金困难；切实加快减免房租，助力支持服务业小微企业和个体工商户渡过难关。
21世纪经济报道海外部 南财音视频部 联合制作
金融市场要闻
策划、编辑：李艳霞
The China Academy of Information and Communications Technology released a report on Wednesday analysing the Chinese mobile phone market in April 2022. The report indicates that during April, the domestic market shipped 18.1 million smartphones, down 34 percent year-on-year. Specifically, 14.6 million were 5G smartphones, down 32 percent year-on-year, accounting for 81 percent overall.
The central bank and top banking regulator urged banks to increase lending to small businesses citing increasing downward pressure on economy;
Chinese shares rallied in late trading on Wednesday to rebound from their worst session in nearly three weeks thanks to Beijing’s economic support measures. The Shanghai Composite gained 1.19 percent and the Shenzhen Component edged up 0.7 percent. Energy and transport shares went up more than 2 percent each, while utilities stocks climbed 3.1 percent. The Hang Seng Index also closed 0.29 percent higher.