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Economy

Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

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Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.
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Finance

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

CBNEditor - 0
Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...
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Banking

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

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China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...
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Banking

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

CBNEditor - 0
The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...
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Economy

China to Create 30 “Fully 5G Connected Factories” over Next Three Years as Industrial Internet of Things Enters Rapid Growth Phase

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The Chinese central government has issued a new industry plan to drive the development of the Industrial Internet of Things (IIoT) over...
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Economy

China Hopes to Stabilise Foreign Trade in 2021 via E-commerce and Restored US Relations, Mulls Joining CPTPP

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The Chinese Ministry of Commerce (MOFCOM) says the stabilisation of foreign trade and investment levels is a critical policy priority in 2021,...
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Economy

Assets of China’s Central State-owned Enterprises Breach USD$10 Trillion Threshold During 13th Five Year Plan

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China's State Council has hailed the "high quality" growth of state-owned enterprises (SOE) under the control of the central government during its...
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Banking

People’s Bank of China Teams up with Other Central Banks on Research into Digital Currencies

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The People's Bank of China (PBOC) is teaming up with its counterparts in a slew of other jurisdictions to work together on...
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Economy

COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC

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A senior official from the People's Bank of China (PBOC) says that the COVID-19 pandemic in tandem with ongoing efforts by Beijing...
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Fintech

Chengdu Launches 40 Million Yuan Digital Renminbi Lottery with JD.com’s Assistance

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JD.com will play a key role in a trial project for the issuance of the digital renminbi to consumers in the Sichuan...
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Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Economy CBNEditor - 0
Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.
Read more

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

Finance CBNEditor - 0
Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...
Read more

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

Banking CBNEditor - 0
China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...
Read more

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

Banking CBNEditor - 0
The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...
Read more

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