Chinese flag overlaid with stacks of coins and faint financial market charts, symbolising China’s economy, fiscal policy, and capital markets.
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Xi’s Emphasis

*Chairman Xi Jinping: Efforts will be made to enhance the quality and efficiency of the national economic cycle, ensure domestic demand becomes the primary driver of economic development, and strive to achieve a strong start to the 16th Five-Year Plan period.

Financial

*At a press conference held by the State Council Information Office, MoF stated that overall fiscal expenditure in 2026 will continue to increase. The policy of canceling export tax rebates for products such as photovoltaic is conducive to comprehensively addressing internal-competition-style disorderly practices. Fiscal interest subsidies will be provided for technology innovation-related loans, with the central bank offering additional relending support. In 2026, guiding documents will be issued to advance the high-quality development of agricultural insurance.

Industrial Economy

*MoF and five other departments jointly issued an announcement to extend the implementation of tax and fee incentive policies for community-based domestic service industries, including elderly care, childcare and household services.

Jan 20 Block Trade Info

*Discount

– Piotech (688072 CH) saw 1 block trades worth 155.16mn at 366.71yuan per share, 2.21pct discount from last closing.

– Huakang Century Clean Tech (301235 CH) saw 22 block trades worth 73.98mnat 40.95yuan per share, 9.00pct discount from last closing.

*Premium

-Skshu Paint (603737 CH) saw 2 block trades worth 150.00mn at 47.51yuan per share, 8.03pct premium from last closing.

 

For more insights, please visit Orient Futures Singapore’s research platform, 
Finoview.

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