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【Financial Str. Release】China greenlights Mastercard JV for bank card clearing operations
China's central bank on Sunday announced that it and the National Financial Regulatory Administration have approved an application by Mastercard's Chinese joint venture to conduct bank card clearing operations in the country.
November21,2023
China greenlights Mastercard's JV for bank card clearing business
China's central bank said Tuesday that it has approved an application by Mastercard's Chinese joint venture to conduct bank card clearing business in the country.
February12,2020
Beijing issues prepaid cards for international visitors
The Chinese capital introduced the Beijing Pass, a multi-purpose card for international visitors, on Wednesday, facilitating their payment for transportation, tourist sites and shopping centers.
August01,2024
Shanghai issues prepaid travel cards for inbound travelers' convenience
Shanghai has released Shanghai Pass, a multipurpose prepaid travel card, to facilitate easy payment by inbound travelers and other visitors not in favor of mobile payment.
May22,2024
UnionPay cards to be issued in Europe
UnionPay International, a subsidiary of China's UnionPay, the country's largest bank card payment processor, announced Monday that it has entered into strategic cooperation with the Portuguese bank, Banco Comercial Portugues (BCP).
November21,2017
Lower transaction fees set to boost international bank card usage in China
International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to encourage more local merchants to accept these card payments.
July04,2024
China issues 9.25 bln bank cards by end of 2021
China had issued a total of 9.25 billion bank cards by the end of 2021, according to an industry report.
September26,2022
UnionPay holds all the cards
China UnionPay is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI, in addition to facilitating fast growing personnel exchanges between China and the rest of the world.
December28,2018
China issues 8.98 bln bank cards in total
China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper.
October18,2021
Jiangsu Jinling Sports (300651.SZ) to establish JV with ABEO
Jiangsu Jinling Sports Equipment Co., Ltd (300651.SZ), a leading manufacturer of sports equipment and facilities, announced on Tuesday that it intends to establish a joint venture (JV) with ABEO.
July20,2021
UnionPay holds all the cards
China UnionPay, a Chinese bank card organization, is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI and facilitating fast growing personnel exchanges between China and the rest of the world.
December25,2018
China to improve customs clearance with updated health card
China's customs authority will launch a new edition of its health declaration card, in which some requirements for travelers are removed to streamline customs procedures and enhance clearance efficiency.
August26,2022
Vietnam plans to digitize healthcare cards
Vietnam is planning to issue electronic health security cards to its citizens to verify their right to medical services, according to the country's government.
February08,2017
China's Battery Maker Eve Energy to set up JV in the U.S.
EVE Energy Co., Ltd, one of China's leading lithium-ion battery manufacturers, announced reaching agreements with Electrified Power, Daimler Truck, and PACCAR to invest in the establishment of a joint venture(JV) through its sub-subsidiary in the U.S. to enhance its battery production capacity, reported China Securities Journal.
September11,2023
Qualcomm powers up for chip JV
US chip giant Qualcomm Inc announced on Friday it will set up a new joint venture in China to build chips for entry-level smartphones, in a move to complement its existing high-end product portfolios.
May27,2017
Hainan-based JV hailed as key green project at China-Japan environmental forum
The joint venture (JV) set up by Chinese major hyaluronic acid producer Bloomage Biotech, Japanese firms ROHTO Pharmaceutical Co., Ltd. (ROHTO) and BioMimetics Sympathies (BMS) was recognized as a key green project at the 16th China-Japan Comprehensive Forum on Energy Saving and Environmental Protection, according to Bloomage Biotech on Monday.
February14,2023
Green light to fast-track foreigners' green cards
Pudong has introduced a new round of preferential policies, as well as a special agency for overseas talent, to attract and retain foreign professionals.
December22,2017
Fijian students enjoy Chinese culture at Chinese embassy
The Chinese Embassy in Fiji on Friday invited nearly 100 Fijian students and teachers from a local primary school to attend its first open-day event, with the aim of promoting Chinese culture and people-to-people exchanges between China and Fiji.
November18,2024
International students enjoy "China Travel" in Chongqing
Recently, "China Travel" has become a trending search term on multiple global social media platforms as international tourists are flocking to China's famed scenic spots and sharing their experiences online.
July15,2024
BMW posts profitable H1 after Chinese JV consolidation
BMW's net profit in the first half (H1) of this year soared by 73.6 percent year-on-year to a record 13.2 billion euros (13.5 billion U.S. dollars), the German carmaker said on Wednesday.
August04,2022
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