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China to unveil new financial reform measures

China to unveil new financial reform measures

2020-05-28 01:00

China will introduce 11 financial reform measures in the near future.

PBOC to increase counter-cyclical adjustments, help lower lending rates

PBOC to increase counter-cyclical adjustments, help lower lending rates

2020-05-26 19:53

PBOC will increase counter-cyclical adjustments, further deepen the reform of the loan prime rates and push for lower real lending rates.

No timetable to launch digital currency: China central bank governor

No timetable to launch digital currency: China central bank governor

2020-05-26 19:38

There is no timetable for the launch of a digital currency despite progress in its research and development (R&D) and pilot testing.

RRR for financial institutions drops to 9.4 pct: central bank

RRR for financial institutions drops to 9.4 pct: central bank

2020-05-26 14:17

The average reserve requirement ratio for financial institutions stood at 9.4 percent on May 15, down 5.2 percentage points from the beginning of 2018

China Development Bank ups financial support for Greater Bay Area

China Development Bank ups financial support for Greater Bay Area

2020-05-26 13:51

China Development Bank (CDB) will provide 360 billion yuan of financing support to the Guangdong-Hong Kong-Macao Greater Bay Area in 2020.

China moves to further lower financing costs for enterprises

China moves to further lower financing costs for enterprises

2020-05-26 00:42

Chinese authorities have unveiled a guideline to further reduce financing costs for enterprises.

Total assets of foreign banks, insurers in China top 5 trillion yuan

Total assets of foreign banks, insurers in China top 5 trillion yuan

2020-05-25 20:12

Total assets of foreign banks and insurers in China had exceeded 5 trillion yuan (about 702.2 billion U.S. dollars).

China voices firm opposition to politicization of securities regulation

China voices firm opposition to politicization of securities regulation

2020-05-25 02:05

China's top securities regulator on Sunday voiced firm opposition to the politicization of securities regulation.

Chinese banks wealth management businesses remain stable

Chinese banks' wealth management businesses remain stable

2020-05-24 14:07

Chinese banks' wealth management businesses remained stable in recent years with a better product structure.

Chinas central bank to extend takeover of Baoshang Bank

China's central bank to extend takeover of Baoshang Bank

2020-05-23 21:22

PBOC on Saturday announced the extension of the takeover of the Inner Mongolia-based Baoshang Bank for another six months, starting Sunday.

China tightens regulations on insurance salesmen, agents

China tightens regulations on insurance salesmen, agents

2020-05-23 13:49

China's insurance regulator has unveiled two guidelines to tighten regulations on sales personnel and agents in the insurance sector.

Chinas shadow banking falls 16 trln yuan over past 3 years

China's shadow banking falls 16 trln yuan over past 3 years

2020-05-19 14:49

Shadow banking levels in China have fallen by 16 trillion yuan (about 2.26 trillion U.S. dollars) over the past three years.

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