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China strengthens control of housing, land use

China strengthens control of housing, land use

2017-04-07 09:28

A government statement released Thursday outlined the steps taken to prevent housing and land price hikes.

Bank of China 2016 profit rises 2.58 pct

Bank of China 2016 profit rises 2.58 pct

2017-04-01 10:02

Bank of China (BOC), one of the country's big four state-owned lenders, said Friday that its post-tax profit rose 2.58 percent year on year in 2016.

UnionPay, Bailian partner for payment service

UnionPay, Bailian partner for payment service

2017-03-31 09:35

National bank card association China UnionPay and retail conglomerate Bailian Group inked a strategic cooperation agreement

Chinas ICBC 2016 profits up 0.5 pct

China's ICBC 2016 profits up 0.5 pct

2017-03-31 09:27

The Industrial and Commercial Bank of China (ICBC), said Thursday that its net profits rose 0.5 percent to 279.1 billion yuan in 2016.

China banking sector onshore assets up 14.6 pct

China banking sector onshore assets up 14.6 pct

2017-03-28 15:30

Chinese banks held 230 trillion yuan (33.4 trillion U.S. dollars) in onshore assets as of the end of February.

More mobile banking subscribers in rural China

More mobile banking subscribers in rural China

2017-03-20 09:17

Some 373 million rural Chinese residents made payments by mobile banking apps in 2016, an increase of 35 percent.

China conducts securitization of PPP projects

China conducts securitization of PPP projects

2017-03-13 09:47

Chinese regulators have approved several infrastructure projects funded by public-private partnerships (PPP) to raise funds through securitization.

390 bln yuan of reverse repos to mature this week

390 bln yuan of reverse repos to mature this week

2017-03-12 13:44

Altogether 390 billion yuan (about 56.4 billion U.S. dollars) of reverse repo contracts are set to mature this week.

ADB helps boost clean waste-to-energy PPP in China

ADB helps boost clean waste-to-energy PPP in China

2017-03-01 09:23

The ADB on Tuesday signed agreements with 10 commercial banks to support Dynagreen Environmental Protection Group (Dynagreen) in the projects.

1st PPP asset securitization project to implement soon

1st PPP asset securitization project to implement soon

2017-02-24 16:59

The first Public-Private-Partnership (PPP) asset securitization project will soon be implemented.

China's major bank launches Indonesia brand

2017-02-24 15:13

China's second largest bank, China Construction Bank Corporation (CCB) officially launched its Indonesia local brand CCB Indonesia on Friday.

Chinese banks lend more to agriculture, small firms

Chinese banks lend more to agriculture, small firms

2017-02-22 14:30

Chinese banks strengthened financial support for agriculture, small-and-micro enterprises and affordable housing projects last year.

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