Ensuring that stock market financing is not invested in property developing business, the CSRC allows companies with real estate business as their minor business segment to raise funds in the A-share market.
In early August, CATL was said to decide to hold off announcements about building battery plants in North America, concerning the move could trigger more tensions following the U.S. House Speaker Nancy Pelosi's trip to Taiwan.
China'e economy growth in the third quarter accelerated from the second quarter.
Stocks of Chinese firms, either at home or abroad, suffered brutal selloff Monday. The Nasdaq Golden Dragon China Index recorded its biggest daily decline of 14.4%, erasing about US$93 billion in market value.
Against the backdrop of continued pressure on the exchange rate of the RMB against the USD, the central bank and the SAFE decided to raise the macroprudential adjustment parameter for cross-border financing of companies to 1.25.
China is actively luring foreign investments into high-end equipment, essential components, and critical parts in advanced manufacturing and high technology.
Tesla's move could lead to a wave of price cuts in China as major automakers like BYD and Geely as well as emerging EV startups such as NIO and Xpeng may follow suit.
Covering only 30 per cent of the world's population, 5G technology still has great potentials.
In the first three quarters, infrastructure and manufacturing investment growth accelerated, while real estate investment shrunk in September.
The C919 is designed to compete with popular single-aisle models made by Airbus AIR.PA and Boeing BA.N.
