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  • "Big Four" banks in full drive to build China into a financial powerhouse

    China's "Big Four" commercial banks, who are among the world's largest lenders, are stepping up efforts to better support the national economy while enhancing risk management amid the country's efforts to build itself into a financial powerhouse.

    December08,2023


  • China-U.S. financial working group holds first meeting

    The China-U.S. financial working group held its first meeting via video link on Wednesday, China's central bank said Friday.

    October27,2023


  • N. China's Inner Mongolia improves financial services to support BRI, official

    North China's Inner Mongolia Autonomous Region has persistently improved financial services to support the implementation of the Belt and Road Initiative (BRI) over the past decade.

    October10,2023


  • Cosmoprof Honk Kong will offer more subsidized finance options for participants

    BolognaFiere, one of the top global exhibition organizers, has entered into a Memorandum of Understanding with Simest of the CDP Group to provide export support services and participatory loans to Italian cosmetics companies.

    August03,2023


  • Northeast Asia Finance Conference 2023 opens in Shenyang to discuss new trend of financial development

    The Northeast Asia Finance Conference 2023 kicked off on Wednesday in Shenyang, capital of northeast China's Liaoning Province, with experts, scholars and business representatives from financial institutions at home and abroad discussing latest development in financial industry and measures for financial cooperation.

    May18,2023


  • China's general public budget revenue tops 20 trln yuan in 2022

    China's general public budget revenue increased 0.6 percent year on year to around 20.37 trillion yuan (about 3.01 trillion U.S. dollars) in 2022, official data showed Monday.

    January31,2023


  • 【Financial Str. Release】PBOC to continue to leverage finance to support green transformation, official

    Chinese central bank, the People's Bank of China (PBOC), will completely and precisely implement the new development philosophy and continue to leverage finance to support the green and low carbon transformation, reported Xinhua Finance citing Xuan Changneng, deputy governor of PBOC, recently.

    November16,2022


  • S.China Hainan FTP sees optimized cross-border investment environment

    South China's Hainan Free Trade Port (FTP) has witnessed a flourishing cross-border investment environment with enhanced financing convenience since the launch of the master plan of the FTP construction in June last year, according to local authorities.

    July23,2021


  • China to unify interbank, exchange bond markets access standards and procedures

    Chinese central bank, the People's Bank of China (PBOC), will further unify together with related regulators the access standard and procedures of the interbank bond market and exchange bond market in China, reported Xinhua Finance citing Ai Ming, deputy head of PBOC's International Department Wednesday.

    February10,2021


  • Hong Kong's finance and e-commerce sectors buck decline trend amid COVID-19

    Industries such as finance and e-commerce in Hong Kong have shown strong performance with the help of technology and Internet application, despite the fallout of the COVID-19 epidemic.

    October28,2020


  • S. China's Guangdong steps up financial support for real economy

    South China's Guangdong Province has stepped up financial support for the real economy. Besides mortgage loans, Guangdong has launched credit-based loans in order to ease the financing difficulties of small and micro enterprises.

    October23,2020


  • Wall Street, China getting closer despite tensions in tech industry: The Economist

    Although tensions between the United States and China in technology industry continue to grow, "Wall Street and China are getting closer," The Economist magazine reported.

    September08,2020


  • China Focus: China's financial sector accelerates opening up amid pandemic

    Though the global financial sector is facing challenges amid the COVID-19 pandemic, China has continued to accelerate the opening up of its financial sector.

    September08,2020


  • Higher-level financial opening-up measures to land in Shanghai

    Despite the outbreak of novel coronavirus pneumonia, China's efforts of building Shanghai into an international financial center has not slowed down. China's financial authorities have recently issued a guideline to further accelerate the process.

    February20,2020


  • China Ministry of Science & Technology, PSBC to strengthen co-op in science, finance sectors

    China's Ministry of Science and Technology (MOST) and the Postal Savings Bank of China (PSBC) will enhance work on cooperation in science, technology and finance in future, according to a circular jointly released by the two parties.

    February12,2020


  • Strict supervision to support quality growth of payment industry: official

    China has been tightening supervision on the payment institutions to ensure quality development of the sector, said Fan Yifei, deputy governor of the People's Bank of China (PBOC) at a forum.

    December02,2019


  • China to strengthen financial risk prevention in small banks, Internet finance, report

    Chinese authorities are mulling a string of measures to strengthen financial risk prevention in key areas such as small and medium banks, Internet finance, and digital finance.

    November27,2019


  • Overseas-educated scholars discuss China-UK cooperation in technology, finance

    The Western Returned Scholars Association (WRSA) held a China forum here Friday to discuss the cooperation potentials between China and Britain in technology, finance and education.

    October12,2019


  • The first financing in yuan by CDP goes to SDF tractors

    Cassa Depositi e Prestiti to open the SME Forum in Tianjin within the framework of the Italy-China Business Forum. Five Italian banks also participate in the mission, making available a 7 billion platfond for the companies' internationalization.

    September27,2019


  • China's trust sector continues to shrink due to financial regulation

    China's trust sector continued to shrink in asset scale in the second quarter this year due to tighter financial regulation, industry data showed.

    September23,2019


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