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Financial integration adds impetus to building Belt and Road of higher quality
Forging a long-term, stable, sustainable, risk-controllable and diversified financial cooperation framework and financing system stands always at the core of Belt and Road resources distribution, held experts on a Wednesday-convened conference in Shanghai.
October01,2023
China Development Bank, IFC provide 269mln USD loans to support dev't of Cambodia's SMEs
China Development Bank (CDB), one of the country's policy banks, and International Finance Corporation (IFC), a member of the World Bank Group, led many other financial institutions and issued 269 million U.S. dollars of loans in full amount to Cambodia's ACLEDA Bank on Monday, aiming to help the Cambodian bank better serve local small- and medium-sized enterprises (SMEs), according to the announcement released by CDB on Tuesday.
December14,2022
Chinese IoT company NewLink secures new round of funding led by International Green Fund
NewLink, a Chinese firm engaging in the Internet of Things (IoT) in the energy sector announced that it secured a new round of strategic funding led by the International Green Fund on December 17, 2021, reported China Securities Journal.
December20,2021
China to roll out more financial policies, measures to empower SMEs
China is making plans for the development of small and medium-sized enterprises (SMEs) during the 14th Five-Year Plan period (2021-2025), aiming to roll out more financial policies and measures to empower SMEs, reported Xinhua-run Economic Information Daily on Wednesday.
March10,2021
China sees higher aggregate financing to real economy at end-September
The outstanding aggregate financing to the real economy (AFRE) reached 280.07 trillion yuan (about 41.54 trillion U.S. dollars) at the end of September, up 13.5 percent year on year, according to the People's Bank of China.
October16,2020
China's petrochemical industry launches blockchain warehouse receipt financing trade
China's petrochemical industry saw its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented on September 27, providing new solutions for small and medium-sized petrochemical enterprises perplexed by overly expensive and slow financing.
October10,2020
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.
July13,2020
China provides more medium and long-term funds to support dev.of strategic emerging industries
China has been providing more medium and long-term funds to support development of strategic emerging industries.
June29,2020
Zhongrong Int'l Trust refutes being required to halt financing biz, report
Zhongrong International Trust Co., Ltd. (ZRT) refuted Thursday market hearsay that the company had been required to suspend its financing business, reported sector portal Securities Daily Friday.
June19,2020
China strengthens targeted financing support for small businesses
China is stepping up targeted measures to facilitate fund-raising for micro and small businesses and reduce their comprehensive financing costs to boost recovery of the real economy.
June19,2020
Sci-tech enterprises in Shanghai raise RMB5.461 bln from sci-tech innovation board last year
Science and technology-driven enterprises in east China's Shanghai financed 5.461 billion yuan from the science and technology innovation board last year, reported Shobserver.com citing a report released by the People's Bank of China Shanghai Head Office Monday.
February25,2020
Banks in China unveil multiple measures to help firm financing amid epidemic
China's banks have rolled out a series of measures to help firms taking the lead in fighting against the novel coronavirus pneumonia outbreak to raise funds for orderly work and production resumption, reported the Economic Information Daily on Thursday.
February20,2020
SMEs to be given wider access to financing
China's Cabinet-level financial regulatory body said on Tuesday it is planning a new set of measures to ease the financing difficulties of small and medium-sized enterprises, through monetary policy adjustments and encouraging banks to increase lending to smaller businesses.
January10,2020
AIIB launches first sovereign-backed financing in China
The Asian Infrastructure Investment Bank will invest 500 million U.S. dollars to support a Chinese green project, its first sovereign-backed financing in China.
December19,2019
Securities traders frequently increase capital in overseas subsidiaries for bigger global presence
Chinese securities traders' subsidiaries operating in overseas market have made substantial progress in investment and financing, capital pricing, risk management, brokerage services, and investment research, expanding the business width and depth of their parent companies at home.
November21,2019
China Development Bank steps up financing support for small firms
China Development Bank (CDB), a development financial institution, has worked with smaller financial institutions to boost loan support to small businesses and the agriculture sector as the government aims to guide more funds to those areas.
September04,2019
China to step up project approval and bond issuance to stablize investment
There are signs showing that China's top economic planner is focusing on stablizing investment by quickening the approval for investment projects and the issuance of corporate bonds, reported the Shanghai Securities News on Thursday.
July25,2019
CNIPA to release document on boosting IPR-pledged financing in near term
China's National Intellectual Property Administration (CNIPA) announced Tuesday a plan to publicize documents on promoting intellectual property right (IPR) pledged financing in near future.
July10,2019
Economic Watch: China boosts targeted financing support for private sector
Qu Ronghua, general manager of Taizhou Infinite New Energy Technology Co. Ltd (Zhejiang), never expected that he could use patents as collateral for a bank loan.
June03,2019
China's policy support for small enterprises sees results: official
China's supportive financial policies for small and micro enterprises have shown positive results, the country's central bank governor said Thursday.
May31,2019
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