Next Week In China

The first week of November will see data on social financing, imports and exports, and CPI for October released to the public. In addition to these major data releases, the meeting of the National People's Congress warrants significant attention as concrete fiscal measures will be announced following the conclusion of the meeting. Congress is expected to follow through with the rollout of various stimulus measures announced by the central government. 

It will be another quiet week in terms of major economic data releases for China. 

Next week is expected to be relatively quiet in terms of major economic data releases in China. However, as this period marks the beginning of financial reporting, attention should be given to companies' third-quarter earnings reports.  

After returning from the week-long national holiday, next week marks a crucial period for China’s economy with over 10 key data points scheduled for release.

Next week, there will be significant data releases that include seven economic reports from mainland China. The markets in mainland China will remain closed on Monday due to the National Day holiday and will reopen on Tuesday.

Next week is the National Day Golden Week holiday in China beginning Tuesday, 1 October to Monday, 7 October. The market will be closed throughout this period to celebrate the founding anniversary of the People’s Republic of China.

Following the Mid-Autumn Festival, Mainland China has scheduled the release of only one statistical report for next week.

Next week in September will be the Mid-Autumn Festival in China. Monday and Tuesday are public holidays, and the market will be closed. Therefore, only loan prime rates – which serve as the benchmark for pricing corporate and retail loans – are the only major economic data expected from mainland China.

Next week will be a significant week for data releases, with over 10 economic reports scheduled. In particular, the August consumer and producer price indices – which are key measures of inflation – as well as credit-related data, deserve extra attention.

There will be no major economic data releases from mainland China to begin September. However, the Purchasing Managers’ Index (PMI) statistics from Caixin, which focuses on smaller private firms, also warrant attention as a supplement to the official government PMI data.