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  • China's Bank of Communications opens 1st Mideast branch in Dubai

    Bank of Communications (BOCOM), China's state-owned commercial bank headquartered in Shanghai, opened its first Middle East branch on Wednesday at the Dubai International Financial Center (DIFC).

    November29,2024


  • Shanghai enhances construction of int'l financial center, promoting global shared dev't through financial cooperation

    In recent years, the city of Shanghai has made remarkable progress in constructing international financial center and global asset management center, and is expected to further enhance opening-up and international cooperation in the future, experts said.

    October31,2024


  • China to accelerate construction of financial center in Chengdu-Chongqing region

    China has quickened the pace to promote the building of a financial center in the country’s western region.

    January15,2024


  • Chinese banks log forex settlement surplus in October

    China's commercial banks saw a net forex settlement surplus of 87.1 billion yuan (about 13.24 billion U.S. dollars) in October, the country's forex regulator said on Friday.

    November23,2020


  • China's privately offered funds expand

    China's privately offered funds managed 15.12 trillion yuan (about 2.27 trillion U.S. dollars) at the end of September, up 0.6 percent from the end of August, industry data showed.

    October26,2020


  • Shanghai rises to 4th place among world's financial centers

    Shanghai moved up one place to fourth for the first time in the 27th edition of Global Financial Centers Index (GFCI 27) published by the British think tank Z/Yen Group and China Development Institute in Shenzhen on Thursday.

    March27,2020


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