China's financial institutions saw a steady expansion in assets by the end of 2022, official data showed Wednesday.

March16,2023

China's banking and insurance sectors have operated within a reasonable range so far this year, the China Banking and Insurance Regulatory Commission said Thursday.

July15,2022

Assets of China's financial institutions rose 8.7 percent year on year to 396.39 trillion yuan (about 59.23 trillion U.S. dollars) by the end of the first quarter of this year, central bank data showed.

June20,2022

As the fallout of COVID-19 continues to weigh on the world's second-largest economy, China's banking sector has ratcheted up support measures to boost the economy, channeling funds to where they are needed the most.

May31,2022

China's banks and insurance institutions, which are fairly resilient to risks, intend to step up support to virus-hit sectors, an official told Xinhua.

May10,2022

Bank of Shanghai said its net profit rose 5.54 percent in 2021 from 2020, and its operating revenue climbed 10.81 percent.

April24,2022

China's commercial banks are expected to see their net profit increase by nearly 10 percent in the first half of 2022 amid the country's economic growth and improvement of business environment, according to a report by the Bank of China (BOC).

March31,2022

Industrial Bank Co., Ltd., one of China's first joint-stock commercial banks, saw its net profit up 24.1 percent year on year in 2021.

March28,2022

Chinese commercial banks are likely to see their net profits grow by around 10 percent in the third and fourth quarters of 2021, boosted by the stability brought about by economic recovery, forecast the Bank of China Research Institute in a recent report.

October08,2021

China's banking and insurance sector has taken a slew of measures to buoy the recovery of the country's economy amid COVID-19 disruptions, an official said on Tuesday.

March03,2021

China's banking and insurance sectors will ramp up support for the real economy and unveil measures to prevent financial risks in 2021, the country's top banking and insurance regulator said on Wednesday.

January28,2021

China's Sichuan Province saw a record-high foreign trade volume of about 808. 2 billion yuan (about 124.9 billion U.S. dollars) in 2020, registering a 19-percent growth year on year, according to a report by the customs of the provincial capital Chengdu.

January21,2021

China's factoring industry shrunk by 8.85 percent year on year in 2019, with total factoring volume standing at 1.75 trillion yuan (about 0.27 trillion U.S. dollars), according to a report published recently by China Banking Association (CBA).

December10,2020

The total assets of China's banking sector saw steady expansion in the first three quarters of the year, according to data from the country's top banking and insurance regulator.

November16,2020

Chinese banks in Singapore have continuously supported the Belt and Road Initiative (BRI), despite of the impact of Singaporean government's containment measures, such as closure of workplace premises.

October22,2020

East China's Anhui Province issued a guideline recently to promote the integration of banking and insurance industries into the integrated regional development of the Yangtze River Delta.

October19,2020

China's banking industry has seen a rise in asset custody services, with banks seeking to expand the business and maintain profitability, according to the China Banking Association.

September14,2020

The Bank of China, one of the country's big four state-owned lenders, said its net profits plunged 11.51 percent year on year in the first half of 2020 (H1).

August31,2020

The Bank of Communications, one of China's largest commercial banks, posted a year-on-year net profit decline of 14.61 percent in the first half of 2020 (H1) as the COVID-19 epidemic resulted in more bad loans.

August31,2020

The disclosure of the non-compliant shareholder list would serve as an effective deterrence against future bad behavior by shareholders in financial institutions, particularly small- and mid-sized banks, a report by S&P Global (China) Ratings said on Monday.

July15,2020