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Cash withdrawals fall in China as mobile payments grow
Cash withdrawals using bank cards fell in volume for the first time in China, as the country enters a cashless society with mobile payments popularity
China lottery sales up 6.3 pct in March
China's lottery sales rose 6.3 percent year on year to 37.9 billion yuan (5.5 billion U.S. dollars) in March.
Macao bank grants 375 mln USD to support ＂Belt and Road＂ Initiative
BOCMacao has granted over 3bln patacas since 2016 to support firms in doing business in countries and regions along the "Belt and Road".
Rising brokerage earnings indicate Chinese stock market comeback
Chinese brokerage firms estimated rising profits in March, signaling active trading in the stock market.
China sees improvement in overdue payments risks in 2016: survey
About 68 percent of Chinese companies experienced overdue payments in 2016, down from the average of 80 percent over the previous five years.
China strengthens control of housing, land use
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 (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
National bank card association China UnionPay and retail conglomerate Bailian Group inked a strategic cooperation agreement
China's ICBC 2016 profits up 0.5 pct
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
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
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
Chinese regulators have approved several infrastructure projects funded by public-private partnerships (PPP) to raise funds through securitization.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
