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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.
Inclusive finance service benefits small enterprises
China Construction Bank's branch in Ningxia Hui Autonomous Region has rolled out a new inclusive finance service to give loans to small enterprises if they pay their electricity bills on time.
Bank of China advances green finance to support China's green development
Bank of China (BOC), one of China's four biggest lenders, cranked up in recent years its efforts to support green industry and will continue to advance its green finance strategy in the future.
New index released shows improved China's inclusive finance services
The CCB·Xinhua Inclusive Finance-SME Index was inaugurated in Beijing on October 11, which showed improved availability and quality of financial services for China's small- and micro-sized enterprises (SME) in the second quarter of 2018.
A road to deepen cooperation on financial integration -- on the fifth year of BRI
Over the past five years, cooperation on financial integration continues to deepen thanks to joint efforts of Chinese financial institutions and enterprises and institutions in countries and regions along the Belt and Road.
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