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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Thai Finance Minister: the cabinet approves extension of 7 percent of VAT rate for one year
Thai Finance Minister Mr. Uttam Sawangnoon revealed that today's cabinet meeting approved the extension of 7 percent of VAT rate for another year. A review of current economic situations concluded that it is inappropriate to resume the original 10 percent tax rate.
To promote deep integration of new-generation AI into finance is key for China, CF40
Promoting the deep integration of the new-generation artificial intelligence (AI) into finance is of great significance for China by taking the opportunity of the rapid development of the new-generation AI, reported China Securities Journal on August 10 quoting a industry researcher.
Thai finance minister and his deputy push for stimulus measures
After sworn in by His Majesty The King on the evening of July 16, 2019, Thai newly installed Finance Minister Uttama Savanayana and his deputy Santi Promphat attended a worship ceremony on the first day in office.
Beijing to open financial industry wider at high level, mayor
Beijing, capital of China, will expand openness in the financial industry at a high level with more efforts, said Chen Jining, mayor of Beijing, at the Annual Conference of Financial Street Forum 2019 on Thursday.
China-Africa digital financial inclusion summit focuses on experience sharing, opportunities
Financial policymakers and experts drawn from institutions and enterprises in China and Africa met in Nairobi on Tuesday to discuss how to accelerate investment and collaboration for financial inclusion in Africa.
Officials voice higher level of opening up in financial sector
Officials of China’s financial regulating institutions recently voiced transition towards pre-entry national treatment plus negative list management system for the country’s financial sector to realize higher opening up at systematic and institutional level.
Two big banks' money management subsidiaries approved to start business
China Banking and Insurance Regulatory Commission said Wednesday it had given the nod to financial management branches of two big state-owned banks to commence business.
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