The People's Bank of China (PBC), China's central bank, signed a memorandum of understanding (MoU) with the Bank of Mauritius to make Renminbi (RMB) clearing arrangements in Mauritius, reported Xinhua Finance recently.

November15,2024

Bond issuances in China hit 7.6 trillion yuan (about 1.07 trillion U.S. dollars) in September this year, data from the country's central bank showed.

November04,2024

The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.

October22,2024

The renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the Chinese currency in the global market, a central bank report showed.

October08,2024

China will cut the reserve requirement ratio (RRR) by 0.5 percentage points in the near future, providing about 1 trillion yuan (about 141.78 billion U.S. dollars) in long-term liquidity to the financial market, Pan Gongsheng, governor of the People's Bank of China, said Tuesday.

September24,2024

The People's Bank of China (PBOC) released a set of detailed rules to better facilitate implementation of the non-banking payment institution supervision and administration regulations, reported Xinhua Finance on July 27.

July29,2024

The People's Bank of China (PBOC), the Chinese central bank, decided to carry out T-bond borrowing operations with part of the open market business primary dealers in near future, reported Xinhua-run China Securities Journal on Tuesday.

July02,2024

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

Pan Gongsheng, governor of the People's Bank of China (PBOC), the Chinese central bank, called on Asian countries on Wednesday to jointly push for the quota reform of the International Monetary Fund (IMF).

March28,2024

The People's Bank of China (PBOC), the Chinese central bank, issued recently a circular, effective from May 1, 2024, to boost over-the-counter (OTC) business on interbank bond market, reported Xinhua Finance.

March06,2024

Pan Gongsheng, governor of the People's Bank of China (PBOC) said PBOC will continuously enhance cross-border trade, investment and financing facilitation measures to support Shanghai in crafting the Renminbi-denominated financial assets allocation center, reported Xinhua Finance on Wednesday.

February29,2024

China is continuing to make concrete efforts to deepen the financial sector's role in serving the real economy as the fundamental goal of high-quality financial development, experts and insiders observed.

February04,2024

China will implement a new guideline to provide stronger financial support for the rental housing market.

January31,2024

The People's Bank of China (PBOC) released on January 24 an opinion-inviting circular to further support foreign institutional investors to carry out bond repurchase agreement (repo) trading on interbank bond market, reported Xinhua Finance.

January26,2024

China will boost the internationalization of the RMB, guard against systemic risks, and foster a sound monetary and financial environment, according to the country's central bank.

January09,2024

The People's Bank of China (PBOC), the Chinese central bank, will accelerate its pace to formulate the detailed rules for implementation of the non-banking payment institutions supervision and administration regulations, reported Xinhua-run Shanghai Securities News citing Zhang Qingsong, deputy governor of PBOC on Friday.

December29,2023

China's central bank conducted 374 billion yuan (about 52.7 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Thursday.

December28,2023