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China makes major progress in containing financial risks: regulator

China makes major progress in containing financial risks: regulator

2020-01-14 10:41

China has seen significant progress in containing financial risks in 2019 with authorities strengthening regulation and reining in major risks.

Chinas Hengfeng Bank completes restructuring

China's Hengfeng Bank completes restructuring

2020-01-14 10:27

China's Hengfeng Bank has recently received 100 billion yuan in strategic investment, marking the completion of its restructuring.

Risks of banks, insurance institutions controllable: regulator

Risks of banks, insurance institutions controllable: regulator

2020-01-14 01:05

The risks of China's banking and insurance institutions were generally manageable.

Chinas new yuan loans reach 17 trln yuan in 2019

China's new yuan loans reach 17 trln yuan in 2019

2020-01-14 00:09

China's new yuan-denominated loans in the banking sector hit 17 trillion yuan in 2019, a year-on-year rise of 1.1 trillion yuan.

Chinas agricultural insurance market posts robust growth

China's agricultural insurance market posts robust growth

2020-01-12 21:49

China's agricultural insurance market has posted robust growth in the past few years with wider coverage and more premium income.

Chinas major investment company reaps record gross profits

China's major investment company reaps record gross profits

2020-01-11 19:41

The State Development and Investment Corp., a major state-owned investment company, reaped a record 20 billion yuan in gross profits in 2019.

First wholly foreign-funded insurance holding company to debut in China

First wholly foreign-funded insurance holding company to debut in China

2020-01-10 23:17

Allianz China Holding, fully owned by Allianz Group, will open for business in Shanghai on Jan. 1.

China to optimize financial support for Yangtze River Economic Belt

China to optimize financial support for Yangtze River Economic Belt

2020-01-09 13:19

China's banking and insurance regulator pledged to optimize financial services to facilitate the green development of the Yangtze River Economic Belt.

China unveils revised regulations for foreign banks

China unveils revised regulations for foreign banks

2020-01-06 10:53

China's banking regulator unveiled revised management regulations for foreign banks to advance opening up of the banking sector.

Chinas central bank outlines policy priorities for 2020

China's central bank outlines policy priorities for 2020

2020-01-05 18:49

China's central bank mapped out key policies and tasks for 2020 during an annual work conference held in Beijing from Thursday to Friday.

Guideline on high-quality development of banking, insurance sectors

Guideline on high-quality development of banking, insurance sectors

2020-01-05 17:28

By 2025, China expects the banking and insurance system to have a better financial structure with multiple layers, broad coverage and diversity.

New law gives foreign investors teeth in bite of China market

New law gives foreign investors teeth in bite of China market

2020-01-02 15:13

In a world fraught with uncertainties, foreign firms in China have something certain to expect for 2020 and beyond.

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