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China unveils guideline to improve social credit system
China on Monday published a guideline to improve the social credit system amid efforts to promote its high-quality development.
April01,2025
China moves to improve social credit system
China's National Development and Reform Commission on Tuesday unveiled a plan to further develop the country's social credit system.
June05,2024
China to improve construction of financing credit service platforms
China has released an action plan on strengthening the building of financing credit service platforms to facilitate the financing of micro, small and medium-sized enterprises.
April03,2024
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
China Focus: China adjusts housing credit policies
China's financial watchdogs announced Thursday that housing credit policies will be adjusted and optimized.
September01,2023
China to maintain credit support for real economy
China will maintain credit support for the real economy and step up financial support for the development of the domestic supply and demand system, according to the country's central bank and its banking and insurance regulator on Tuesday.
January11,2023
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
Credit Suisse wants to grow in China
Since June 2020, the major Swiss investment bank has hired more than 120 people in China and wants to grow its team in the country by three times in the next five years.
November02,2021
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
China urges financial sector to boost credit support for small businesses
China's National Financial Regulatory Administration on Wednesday called for stable credit growth to be maintained for micro and small businesses, and for the continuous improvement of the quality of credit services for such businesses.
May08,2025
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
Tibet issues more green credit
Southwest China's Tibet Autonomous Region has channeled more loans to organic farming, solar energy and other green projects, and its balance of green credit has been on the rise, according to local authorities.
October11,2021
China's commercial banks see stable credit asset quality
China's commercial banks saw their non-performing loan (NPL) ratio drop 0.01 percentage points to 1.61 percent at the end of the third quarter from the previous one, official data showed.
November16,2023
China's credit structure improved in Q1: PBOC report
The outstanding loans extended by China's financial institutions came in at 251.8 trillion yuan (about 35.46 trillion U.S. dollars) at the end of the first quarter, central bank data showed on Friday.
May11,2024
Chinese lenders ramp up credit support for disaster-affected businesses
China's large state-owned commercial banks have strengthened the credit support for business entities in disaster-stricken areas.
August14,2023
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
Feature: Chinese road builders win credit in Uganda for community engagement
For 20-year-old Peninah Nasambu, a civil engineering student from Uganda, her recent visit to a Chinese road construction camp brimmed with new discoveries.
November07,2024
Stellantis to move in China and become the majority shareholder in the JV with GAC
Stellantis aims to reach 20 billion euros net revenues in China, with a margin of 8%, by 2030. This is what emerged from the Dare Forward 2030 plan presented today by Carlos Tavares, which among other things aims at doubling global revenues to 300 billion euros by the end of the decade.
March04,2022
China Awards, Idrobase Group awarded for its JV with Daerg China
In last summer, Daerg China launched an independent production line of detergents for ecological car washing in the Allforclean plant, owned by Idrobase Group and operating for 16 years in the city of Ningbo
December22,2021
Alibaba sets up JV with YNAP of Richemont
China's e-commerce giant Alibaba Group announced on Friday to set up a joint venture (JV) with Yoho Net-A-Porter ("YNAP"), a luxury e-commerce company of Richemont Group.
October26,2018
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