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  • ​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.


  • 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.


  • 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.


  • ​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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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 citing a report released by the People's Bank of China Shanghai Head Office Monday.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • 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.


  • ADGM provides sustainable financial support for BRI: CEO of ADGM Financial Services Regulatory Authority

    Abu Dhabi Global Market (ADGM) has offered a comprehensive suite of financial services to support the Belt and Road Initiative (BRI), said Richard Teng, chief executive officer of the Financial Services Regulatory Authority of ADGM.


  • China implements RRR cuts for small, medium-sized banks

    China started to apply a low reserve requirement ratio (RRR) for some small and medium-sized banks from Wednesday, according to the central bank.


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