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Traditional banks usher in smart transformation by cutting branches and closing ATMs
Traditional banks have embarked on the path of smart transformation. The used-to-be-everywhere physical branches are slimming away, along with roadside ATMs. But such offline to online banking transformation encounter difficulties as well during the process.
October22,2020
China releases local gov'nt bond issuance rules
China's Ministry of Finance (MOF) issued on December 17 a circular unveiling the administrative rules for local government bond (LGB) issuance, effective as of January 1, 2021, reported Xinhua Finance, a Xinhua-run financial information platform.
December21,2020
China local gov'nt bond issues reach RMB437.9 bln in Feb.
Chinese local governments auctioned in total 437.9 billion yuan of bonds last month, according to an announcement posted on website of the Ministry of Finance Tuesday.
March04,2020
【Financial Str. Release】China issues RMB4.9872 trln local gov’nt bonds in the first seven months
Local government bond issues from January to July of this year stood at 4.9872 trillion yuan in China, reported Xinhua Finance citing data released by the Ministry of Finance on Tuesday.
August30,2023
China's gov'nt bonds deemed as a safe harbor for global investors
China's government bonds and policy bank bonds turned out a popular choice for foreign investors after their inclusion into the Bloomberg Barclays Global Aggregate Index, reported Shanghai Securities News Wednesday.
May08,2019
【Financial Str. Release】China local gov'nt bond issues expected to top RMB1 trln in Aug.
Chinese local governments are likely to speed up their bond issuance paces as their planned local government bond (LGB) issues in August have exceeded one trillion yuan, reported Xinhua-run Xinhua Finance Tuesday.
August03,2021
China's gov'nt bonds formally included into JP Morgan GBI-EM suite
China's government bonds have been formally included in JP Morgan's widely tracked Government Bond Index Emerging Markets (GBI-EM) suite since February 28, reported Xinhua Finance, a financial news platform run by Xinhua News Agency Saturday.
March02,2020
China's 2021 net T-bond & local gov'nt bond issues expected at RMB3.4 trln, institution
China's net issues of treasury bonds and local government bonds are expected to be around 3.4 trillion yuan in the coming year, reported Xinhua Finance, a Xinhua-run financial news platform, citing a research report of CITIC Securities Friday.
December11,2020
【Financial Str. Release】China local gov'nt bond issues expected to hit RMB800 bln in April
China's January-March local government bond (LGB) issues stood significantly below the comparable data in the first quarter of last year and may balloon to exceed 800 billion yuan in April, reported Xinhua-run Xinhua Finance Thursday.
April02,2021
Foreign visitors experience China's improved mobile payment environment over Spring Festival
Foreign visitors in China experienced a smoother, more convenient travel environment during this year's Spring Festival, thanks to improvements to the country's mobile payment systems.
February07,2025
China Focus: China's new materials forge ahead with innovation, application
Limestone, ubiquitous in the Earth's crust, has been transformed into an innovative nanomaterial at facilities in north China to support a diverse array of industries with lower carbon emissions.
July31,2024
Across China: China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April17,2025
China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April18,2025
Chinese yuan strengthens in August
Chinese yuan strengthened against a basket of currencies in August, according to the China Foreign Exchange Trade System (CFETS).
September07,2023
Beijing airports enhance payment facilities for foreigners
Beijing Capital International Airport and Beijing Daxing International Airport have created a more convenient payment experience for foreign visitors.
February06,2024
Payment service center for international travelers opens at Kunming airport in SW China
A payment service center was initiated at Changshui International Airport in Kunming on Wednesday, offering immediate assistance to overseas visitors as soon as they step off the plane. Kunming is a highly popular tourist destination in southwest China's Yunnan Province.
April11,2024
Feature: Chinese entrepreneurs seek larger presence in Kenyan market as economic ties blossom
When China Trade Week opened its doors to the public Wednesday in the Kenyan capital of Nairobi, Liao Xuhui, the chairman of Amanbo, engaged in a friendly conversation with local merchants keen to learn about the nitty-gritty of importing products from the Asian nation.
November17,2023
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
Australia's Northern Territory hopes to deepen exchanges, cooperation with China
Australia's Northern Territory (NT) government has expressed willingness to strengthen exchanges and cooperation with China in various fields.
June07,2023
Chinese tourists' spending in Singapore on UnionPay jumps almost 3 times during Chinese Lunar New Year holiday
During the 2023 Chinese Lunar New Year period from Jan. 21 to Jan. 30, UnionPay purchase volumes from Chinese tourists in Singapore jumped close to three times compared to the same period in 2022, a company statement said on Monday.
February07,2023
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