Zhuhai Seeks Greater Cross-border Fintech Cooperation with Hong Kong and Macau
The Guangdong province coastal city of Zhuhai is set to become a key channel for cross-border financial…
Green Finance in China Sees Roaring Growth, Beijing Flags Further Standardisation Efforts
China’s ongoing push for expansion of the domestic green finance sector is proving successful according to official…
Fourth Round of Mixed Ownership Reforms to Encompass 160 State-owned Enterprises, 2.5T Yuan in Assets
The fourth round of mixed-ownership reforms of China’s state-owned enterprises (SOE) are set to involve at least…
PBOC and SAFE Commit to Keeping China’s Forex Market, Renminbi Exchange Rate Stable
The Chinese central bank and China’s top foreign exchange authority have publicly committed to maintaining the stability…
Baidu Becomes First Chinese Internet Giant to Obtain License for Consumer Finance Operations
Baidu’s finance affiliate Du Xiaoman Financial is expanding into the consumer finance sector with the acquisition of…
Nine Provinces in Western China Cooperate on “New Land-Sea Channel” with Singapore
Nine of China’s western provinces are cooperating on a new trade initiative that seeks to foster maritime…
Actually Used Foreign Capital in January – April Rises 6.4% YoY
China has seen steady growth in foreign capital actually used in the first months of 2019.
Chinese Real Estate Investment Rises 11.9% YoY in First Four Months of 2019
The latest official data points to a robust rise in Chinese real estate investment for the period…
Tencent’s Fintech-related Revenues Rise 44% in First Quarter, Beat Online Advertising
Chinese tech giant Tencent has just reported a sharp rise in fintech-related revenues following the release of…
China Construction Bank Officially Launches Fintech Academy in Suzhou
One of China’s big four state-owned lenders has just launched a new “fintech academy” in the historic…
