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Wealth products become key investor in Chinas financial market

Wealth products become key investor in China's financial market

2019-03-04 11:00

China's wealth management products have become an important investor in the country's financial market.

Chinas mobile-payment users reach 583 mln in 2018

China's mobile-payment users reach 583 mln in 2018

2019-03-03 14:52

About 583 million people used mobile payment in China in 2018, up 10.7 percent over 2017.

China determined to prevent, defuse financial risks: central bank

China determined to prevent, defuse financial risks: central bank

2019-03-01 14:41

Real-time monitoring of the stock market, bond market and foreign exchange market and improving weak links of financial supervision and regulation.

Chinas overnight Shibor interbank rate declines Friday

China's overnight Shibor interbank rate declines Friday

2019-03-01 11:20

Shibor, which measures the borrowing cost on China's interbank market, dropped 42.9 basis points to 2.155 percent Friday.

US oil is trickling back into China after export boom goes bust

US oil is trickling back into China after export boom goes bust

2019-02-28 14:00

As Washington and Beijing inch toward a deal, a trickle of U.S. crude appears to be making its way to Chinese shores.

New Zealand 5G on track for 2020

New Zealand 5G on track for 2020

2019-02-28 08:16

The first allocation of 5G spectrum will be the 3.5 GHz band.

Chinas major commercial banks net profits stand at RMB 957.3 bln in 2018

China's major commercial banks' net profits stand at RMB 957.3 bln in 2018

2019-02-27 11:24

China's major commercial banks posted outstanding performance in 2018, with their net profits standing at 957.3 billion yuan.

CDB lends trillions of yuan to develop Yangtze River Economic Belt

CDB lends trillions of yuan to develop Yangtze River Economic Belt

2019-02-27 10:22

As of December 2018, outstanding loans to 11 provincial-level regions along the belt amounted to 3.85 trillion yuan (about 575 billion U.S. dollars).

China to increase bank loans to private firms

China to increase bank loans to private firms

2019-02-26 09:19

Chinese authorities on Monday demanded increased financial support for private firms.

Chinese commercial banks see higher profits, lower NPL ratio

Chinese commercial banks see higher profits, lower NPL ratio

2019-02-26 08:42

The profits of Chinese commercial banks increased, while the non-performing loan (NPL) ratio declined as of the fourth quarter in 2018.

Chinas online insurance policy deals surge 18 times over five years

China's online insurance policy deals surge 18 times over five years

2019-02-25 17:01

China's online insurance policy deals have expanded 18 times over the past five years, the Securities Daily reported.

Fee cuts to help banks, brokerages better serve real economy

Fee cuts to help banks, brokerages better serve real economy

2019-02-25 16:59

China's banking and securities self-regulatory organizations are preparing fee cut plans to boost members' roles in serving the real economy.

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