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China to cut reserve requirement ratio by 1 percentage point
The People's Bank of China (PBOC) decided Friday to cut the reserve requirement ratio (RRR) for RMB deposits by 1 percentage point.
China's central bank adjusts targeted RRR policies to support small firms
PBOC decided to ease evaluation rules for qualifying financial institutions to enjoy lower RRR in a move to encourage inclusive financing.
Yearender: China makes solid progress in curbing financial risks
As 2018 comes to an end, the People's Bank of China (PBOC), the central bank, published a report on China's financial stability.
Eastern Chinese province delivers 10 billion parcels in 2018
Eastern China's Zhejiang Province, home to Internet giant Alibaba and several large courier companies, shipped over 10 billion parcels in 2018.
China to further stipulate financial information services
The CAC on Wednesday unveiled a set of stipulations on financial information services, which will go into effect on Feb. 1 next year.
Tech upgrade key for commercial lenders
Commercial banks conduct digital innovation and transformation, as emerging fintech companies are eroding bank profits in their core business.
World's top companies in race for China's asset management market
Global giants are racing to grab China's asset management market as the financial system opens up, Shanghai Securities News reported on Wednesday.
CSRC signed MOU on cooperation with CIMA
CSRC recently signed a MOU with CIMA to strengthen information exchange and law enforcement cooperation in the fields of securities and futures.
China's lottery sales up 10.8 pct in November
China's lottery sales rose 10.8 percent year on year to 42.72 billion yuan (about 6.2 billion U.S. dollars) in November, official data showed Tuesday.
Banking institutions in China see rise in assets, liabilities
By the end of November,Chinese banking financial institutions : onshore assets: 259.91 trillion yuan;liabilities:238.52 trillion yuan.
Insurance agents evolve fast to serve 21st-century consumers in China
China's insurance sellers
Bohai Bank gains from country's opening-up
Our bank has risen in response to China's reform and opening-up.
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