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  • China expands market procurement trade pilot program to boost foreign trade

    China recently expanded its market procurement trade pilot program to cover 17 new marketplaces located in Inner Mongolia Autonomous Region, Guangxi Zhuang Autonomous Region and provinces of Liaoning, Zhejiang, Anhui, Fujian, Shandong, Henan, Hubei, Guangdong and Yunan, in an effort to boost foreign trade, reported the Xinhua-run Shanghai Securities Journal on Friday.


  • China’s transport investment up 16.8 pct in Aug.

    China's fixed-asset investment (FAI) in transport industry surged 16.8 percent year on year to 329.8 billion yuan (about 48.35 billion U.S. dollars) in August, registering positive growth for five consecutive months, the Xinhua-run Shanghai Securities News reported on Friday.


  • Shanghai unveils plan for dev. of innovative industries in Lingang Area

    East China's Shanghai has recently unveiled a plan for development of the innovative industries in the Lingang Area, a newly launched section of the Shanghai free trade zone (FTZ), Xinhua-run Shanghai Securities News reported on Friday.


  • ​China issues 8.53 bln bank cards by end of 2019

    China had issued a total of 8.53 billion bank cards by the end of 2019, the Xinhua-run Shanghai Securities News reported on Wednesday.


  • China to relax fund management rules for foreign institutional investment in domestic bond market

    Chinese central bank and the State Administration of Foreign Exchange (SAFE) on Monday started soliciting public opinions on the draft fund management rules on foreign institutional investors' investment in domestic bond market, reported Shanghai Securities News Tuesday.


  • JD Health plans to go public on Hong Kong bourse

    Chinese online retail giant announced on Monday that it is planning to spin off its health care subsidiary JD Health and list it on the Hong Kong stock exchange, the Xinhua-run China Securities Journal reported on Monday.


  • BoT rolls out digital system to serve finances and businesses

    Bank of Thailand governor Veerathai Santiprabhob said at the Bangkok FinTech Fair 2020 that BoT had always highlighted the investment promotion in digital technology within financial system, to relieve fund obligations and operational risks of financial and business sectors for better services.


  • China greenlights two ChiNext IPOs

    China's top securities regulator has approved the registration for the initial public offerings (IPOs) of two companies on the ChiNext, China's Nasdaq-style board of growth enterprises.


  • China injects 210 bln yuan liquidity into market

    China's central bank pumped a net amount of 210 billion yuan (about 31.1 billion U.S. dollars) into the country's banking system via open market operations during the last week to maintain liquidity at a reasonable level.


  • Neuberger B. to launch new fund on Chinese tech stocks

    Neuberger Berman, the independent and totally employee-owned fund manager with assets under management worth about 357 billionU.S. dollars, has launched the new Neuberger Berman China A-Share Equity fund managed by Ning Meng, a senior portfolio manager with a 19-year-old experience in the sector.


  • What are the effects of RMB appreciation on the market?

    The central parity rate of the yuan or Renminbi (RMB) against the U.S. dollar rose 84 pips to 6.7591 on Friday, according to data from the China Foreign Exchange Trade System.


  • China to extend T+1 session trading hours for interbank bond market from Sept. 21

    China extended the T+1 session trading hours of interbank bond market to 8:00 pm Beijing time as of September 21 to further facilitate domestic and overseas investors, reported Shanghai Securities News Thursday.


  • MYbank joins hands with ADBC to deepen cooperation in rural finance

    MYbank, a leading online private commercial bank under Ant Financial Services Group, signed on Wednesday a strategic cooperation agreement with the Agricultural Development Bank of China (ADBC) to strengthen cooperation in various fields such as rural finance, industrial finance, joint risk control, financial technology,etc, the Xinhua-run Shanghai Securities News reported on Wednesday.


  • China's environmental protection industry sees rapid dev. with revenue scaling to RMB1.78trln

    The operating revenue of China's environmental protection industry expanded to approximately 1.78 trillion yuan in 2019, up 11.3 percent year on year which outpaced the country's GDP growth of 6.1 percent, according to Zhao Yingmin, deputy head of the Ministry of Ecology and Environment.


  • China's central bank injects liquidity into market

    China's central bank on Thursday continued to pump cash into the banking system via reverse repos to maintain liquidity.


  • China to deepen registration-based enterprise bond issuance reform

    China's top economic planner will deepen registration-based issuance reform for enterprise bonds to better serve the real economy, reported Xinhua Finance, a financial information platform run by Xinhua News Agency on Wednesday.


  • China sees reshuffle of third-party payment industry

    China's third-party payment market is experiencing a reshuffle, as more internet enterprises brace for the payment business.


  • China's construction industry maintains dev. amid epidemic in H1: EY

    China's construction industry has maintained development in the first half of 2020 despite of the impact of the COVID-19 pandemic, reported Securities Daily Tuesday quoting the consulting firm Ernst & Young (EY).


  • Chinese banks crank up efforts in fintech to boost digitalization

    Chinese banks, in particular large lenders, have been leveraging financial technology (fintech) to propel their digital transformation, reported China Securities Journal Wednesday.


  • China's manufacturing sector to usher in greater dev. opportunities

    China's manufacturing industry has shown a promising recovery amid the COVID-19 pandemic, and will embrace greater opportunities in continuous high-quality development, reported Shanghai Securities News Tuesday.


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