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real economy Sorting by the latest release time

  • China's central bank to strengthen support for real economy in 2022

    China's central bank said Tuesday that it will guide financial institutions to ramp up support for the real economy, stabilize the macro economy, and foster an appropriate monetary and financial environment for the country's high-quality economic development.


  • China cuts RRR to lower financing costs and boost the real economy

    Chinese central bank, the People's Bank of China (PBOC) announced on December 6 a 0.5 percent cut of required reserve ratio (RRR) for banks, effective from December 15, to reduce social financing costs and better support the real economy.


  • Listed firms reveal stocky Chinese real economy

    As one of the key bellwethers of the real economy, listed firms in China have shown resilient growth amid a complex environment at home and abroad, with research and development (R&D) being the major driving force of their performance.


  • Economic Watch: China's fintech innovation boosts real economy

    The 2021 Annual Conference of Financial Street Forum, which concluded in Beijing on Friday, highlighted the importance of fintech innovation to serving the high-quality development of the real economy through more convenient and inclusive financing.


  • Financial sector's role in real economy discussed at annual Financial Street Forum in Beijing

    The Annual Conference of Financial Street Forum 2021 kicked off Wednesday in Beijing has pooled insights on financial sector’s role in enhancing economic resilience and supporting high-quality development.


  • China's securities regulator pledges more support to real economy

    China's securities regulator has pledged more support to advance a "virtuous cycle" between the real economy and the capital market.


  • China to deepen financial opening-up, strengthen financial services for real economy

    The market access threshold of foreign-invested financial institutions such as banks and insurance companies will be refined, and rules concerning cross-border transactions between parent and subsidiary firms of financial institutions will be improved.


  • 【Financial Str. Release】 China's earlier-than-expected RRR cut unlikely to significantly boost stock, bond market

    China announced on July 9 to slash banks' required reserve ratio (RRR) by 0.5 percent from July 15, taking investors by surprise when they were still betting on debut of a guessed targeted RRR cut in the future.


  • China considers RRR cuts to support real economy: State Council

    China will increase the financial support for the real economy, especially the micro, small and medium-sized enterprises, a State Council executive meeting chaired by Premier Li Keqiang decided Wednesday.


  • Guangdong leads China in aggregate financing in 2020

    Guangdong, Jiangsu and Zhejiang were the top three regions in terms of aggregate financing to the real economy in 2020, the central bank said on Tuesday.


  • CBIRC to crank up long-term financing support for national strategies, businesses

    China Banking and Insurance Regulatory Commission (CBIRC), the sector watchdog, will scale up long-term financing support for national strategies and enterprises, reported Xinhua Finance, a Xinhua-run financial information platform on Thursday.


  • Developing inclusive finance good for better serving real economy, official

    Developing inclusive finance, as an important aspect of financial services for supporting the real economy, is conducive to guiding capitals directly to the numerous small- and medium-sized enterprises (SME), said Wang Bingnan, China's vice minister of commerce on October 6.


  • China vows to further strengthen financial support for real economy

    China will continue to encourage financial institutions to make interest concessions appropriate for the real economy with more targeted measures, a senior official said Friday.


  • China to continue to put development focus on real economy

    China will continue to take the real economy as the focus of its economic development, unswervingly build up its strength in manufacturing, quality and cyberspace, and build a digital country, according to a communique.


  • S. China's Guangdong steps up financial support for real economy

    South China's Guangdong Province has stepped up financial support for the real economy. Besides mortgage loans, Guangdong has launched credit-based loans in order to ease the financing difficulties of small and micro enterprises.


  • RMB loans increase by 12.09 trillion yuan in H1

    Since the beginning of 2020, China has launched a series of favorable monetary policies, with the RMB loans increasing by 12.09 trillion yuan in the first half of the year, up 2.42 trillion yuan year on year.


  • Economic Watch: China's banking industry seeks to shield real economy from epidemic shock

    Net profits of China's commercial banks tumbled in the first half of 2020, an uncommon decline analysts say echoed the country's efforts to wield financial instruments to sustain the real economy amid mounting pressure due to COVID-19.


  • Chinese premier stresses financial support for real economy

    Chinese Premier Li Keqiang on Monday stressed efforts to ensure that new fiscal funds directly benefit businesses and people to consolidate the foundation of the country's restorative growth.


  • Economic Watch: China moves to ease liquidity crunch facing real sector, small firms

    Lu Xiaoliang, general manager of Lanshan Motor Company Ltd., based in Yuyao city of east China's Zhejiang Province, can take a breather now as his cash-strapped company has obtained over 1.8 million yuan (about 256,000 U.S. dollars) through discounted bills.


  • Most commercial lenders' profits used to support real economy

    China's central bank suggested treating commercial lenders' rising profits in a rational fashion, as most of the profits were eventually used to support the real economy, according to a report from the People's Bank of China.


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