The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.
Click on the button below to create your account and get immediate access to thousands of articles.
China pilots cash-pooling service integrating local, foreign currency management
China's monetary authorities announced on Friday the launch of a pilot cash-pooling service for multinational companies that integrates domestic and foreign currency management to facilitate the use of cross-border capital.
China to carry on prudent monetary policy and support for economic recovery in 2021
China is expected to carry on the prudent monetary policy in a more flexible and precise way with rational and moderate control, and likely to maintain necessary support for economic recovery in the year of 2021
China's QDII approved quotas surpass 120 bln U.S. dollars
The approved quotas of the Qualified Domestic Institutional Investor (QDII) program, a scheme that allows Chinese investors to access foreign assets, totaled 125.72 billion U.S. dollars as of Jan. 13, according to the State Administration of Foreign Exchange.
SW.China Yunnan records RMB3.44 trln in balance of loans in Q1-Q3
The balance of loans in domestic and foreign currencies in southwest China's Yunnan Province stood at 3.44 trillion yuan at the end of September, reported Yunnan Daily Wednesday.
Beijing's financial sector sees positive growth in H1
Overcoming the adverse effects of COVID-19, Beijing's financial sector achieved added value of 343.35 billion yuan (around 51.5 billion U.S. dollars) in the first half of this year, up 5.7 percent year on year, data shows.
China Everbright Bank speeds up digitalization with application system cloud rate reaching 88 pct
China Everbright Bank has advanced digital transformation with the bank's application system cloud rate reaching 88 percent by the end of July.
China's futures trading continues expansion in August
China's futures market in August continued to report double-digit growth in both trading volume and turnover, industry data shows.
Balance of loans up in Shanghai at July-end
The balance of loans in Shanghai stood at 8.19 trillion yuan (about 1.19 trillion U.S. dollars) at the end of July, up 5.9 percent year on year, data showed.
Huawei joins hands with SPD Bank to conduct all-round fintech cooperation
China's tech giant Huawei and Shanghai Pudong Development Bank (SPD Bank) signed a strategic cooperation agreement on Tuesday in a bid to carry out an all-round cooperation, the Xinhua-run China Securities Journal reported on Wednesday.
China's newly added social financing at 20.83 trillion yuan
China's newly added social financing, a measurement of funds the real economy receives from the financial system, came in at 20.83 trillion yuan (about 3 trillion U.S. dollars) in the first half of this year, up 6.22 trillion yuan year on year, central bank data showed Friday.
Cross-border trade settlement in renminbi at 3.08 trillion yuan in H1
Renminbi-denominated cross-border trade settlement hit 3.08 trillion yuan (about 440 billion U.S. dollars) in the first half of the year, central bank data showed Friday.
Lock-up shares worth 88.5 bln yuan to become tradable
Lock-up shares worth about 88.5 billion yuan (about 12.7 billion U.S. dollars) will become eligible for trade in the coming week on China's bourses, excluding those listed on the Nasdaq-style science and technology innovation board.
China's central bank skips reverse repos
The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos Monday.
Shanghai's Lingang area moves to simplify foreign debt registration and administration
Shanghai authorities have unveiled measures to streamline foreign debt registration and administration procedures for qualified enterprises in the Lingang New Area of Shanghai Pilot Free Trade Zone (FTZ), according to an official circular released recently.
China approves four new IPO applications
China's top securities regulator has approved the initial public offering (IPO) applications of four companies.
China sees bonds worth 20.1 trln yuan issued this year
China's bond market has seen robust growth in the first half of this year as companies and local governments step up bond issuance, data showed.
China's central bank skips reverse repos Saturday
The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos Saturday.
Overseas investors continue to up holdings of Chinese bonds
Overseas investors have been steadily increasing holdings of Chinese bonds as relatively high yield and the country's opening-up policies make the investments more attractive.
China sees current account deficit in Q1
China saw a current account deficit in the first quarter this year due to mounting pressure from the COVID-19 epidemic.
China approves four new IPOs
China's top securities watchdog has approved the initial public offering (IPO) applications of four companies.
Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to email@example.com and share your stories with more people.
Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.