Daily InfoNews on May 03, 2016
1. National Health and Family Planning Commission: in 2017 it is planned that hospitalization charges can be settled elsewhere.
2. National Development and Reform Commission: subsidy for solar power generation will be decreased until cancelled.
3. In April, Caixin Chinese Manufacturing PMI is 49.4, the 14th consecutive month of lower than the entrepreneurs confidence threshold.
4. On May 3, 2016, open market of the Central Bank implemented a reverse repurchase of 100 billion RMB for 7 days.
5. In May, lifted market values of restricted shares from stock markets of Shanghai and Shenzhen is 187.625 billion RMB, an increase of 46.75% than the last month.
6. On May 2, 2016, AIIB and ADB signed cooperation memorandum on planned cooperative financing program.
7. Euro Zone: final value of manufacturing industry PMI in April is 51.7; previous value is 51.5; expected value is 51.5.
