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China's green credit balance tops 15 trillion yuan
Outstanding green credit of 21 major banks in China reached 15.1 trillion yuan (2.37 trillion U.S. dollars) at the end of 2021, official data showed.
March28,2022
China establishes long-term guaranttee for financing in market-oriented grain purchase
A total of16 provinces nationwide in China(including 13 major grain-producing provinces) have established grain purchase loan credit guarantee funds, with a total fund scale of 7.5 billion yuan, statistics from National Food and Strategic Reserves Administration showed.
July10,2020
China's 10 banks offer 160-bln-yuan special credit support for Shanghai Pudong's enterprises
China's ten banks including the Bank of China will provide 160 billion yuan of special credit support for enterprises in Shanghai's Pudong New Area, in a bid to help enterprises go through financial difficulties, according to an agreement signed between representatives from banks and enterprises.
June18,2020
China's banks offer 350-bln-yuan credit support for epidemic control
China's banks had provided over 349 billion yuan (about 50.06 billion U.S. dollars) of credit support as of Tuesday noon to help companies restore production amid the fight against the novel coronavirus outbreak.
February13,2020
China's social credit system to better support business environment improvement, report
China's social credit system will better support the improvemen of urban business environment, concluded the Annual Report on Chinese Cities Credit Construction (2018-2019)released by Xinhua-owned China Economic Information Service (CEIS) recently.
September25,2019
China makes significant progress in building urban credit system
China has witnessed notable progresses in constructing the credit system of Chinese cities, according to experts attending the 2019 Forum for Credit System Construction of Chinese Cities held in Jinan, east China on Tuesday.
September25,2019
China's online micro-credit provider Qudian proposes convertible debt offering
Qudian Inc., a Chinese online small consumer credit provider, announced Tuesday a proposed offering of 250 million U.S. dollars in convertible senior notes.
June26,2019
China credit growth picks up in May
China's credit growth picked up in May as new bank loans rebounded thanks to increasing policy support.
June13,2019
Insurers expected to trade part of financial derivatives, report
Chinese insurers may be approved to trade credit risk mitigation tools and credit protection instruments to further diversify their tools for risk control, reported Shanghai Securities News Monday.
May13,2019
SSE sees credit protection contract sold for backing private firm bond financing
Shanghai Stock Exchange (SSE) recently witnessed a credit protection contract sold to support a Chinese private firm's bond financing for its Belt and Road-related project, reported Xinhua-run Shanghai Securities News Monday.
April08,2019
First ABS credit protection contract listed in SSE
Shanghai Stock Exchange (SSE) witnessed recently issuance of the first asset-backed securities (ABS)-based credit protection instrument, reported China Securities Journal citing SSE Friday.
March29,2019
China's e-commerce hub to build credit evaluation mechanism
China's e-commerce hub Hangzhou, capital of Zhejiang Province, plans to build a credit evaluation mechanism in two years to regulate the city's e-commerce players, local authorities have said.
January04,2019
Beijing to register "credit scores" for all citizens by 2020
Beijing municipality will complete a project to register "credit scores" for all permanent residents by 2020, the local economic planner said Wednesday.
November22,2018
High-end hotels ban debt defaulters in Chongqing
High-end hotels in southwest China's Chongqing Municipality have been required to ban debt defaulters
August06,2018
Chinese micro-credit firms shrink in number, outstanding loans in Q1
China's micro-credit firms shrank in number and in outstanding loans in the first quarter of this year, central bank data showed Wednesday.
April26,2018
Chinese banks report steady growth in green credit
Chinese banks have steadily increased credit support for green industries, data from the banking regulator have showed.
February12,2018
China micro-credit firms' outstanding loans at 979.9 bln yuan
Outstanding loans extended by China's micro-credit companies amounted to 979.9 billion yuan (153.8 billion U.S. dollars) by the end of 2017, data from the central bank showed Thursday.
January26,2018
Vietnam's credit growth forecast at 19 pct in 2018
Vietnam's credit growth is much likely to stand at 18-19 percent in 2018, similar to the rates in the last three years, the National Financial Supervisory Commission said on Monday.
January08,2018
NDRC to collaborate with Alibaba to build credit system
China's National Development and Reform Commission joins hands with e-commerce giant Alibaba Group Holding Ltd in building a credit system to better regulate businesses in the country.
December05,2016
China starts credit default swap trading to lessen bond risks
Ten Chinese financial institutions, mostly banks, have conducted the first batch of credit default swap (CDS) transactions.
November04,2016
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