Sunday, November 1, 2020
Tags Chinese rural finance

Tag: Chinese rural finance

Rural Commercial Banks in China Rise to 1423, Rural Credit Societies Post Decline

The number of rural commercial banks operating in China has seen an increase following the conversion rural credit societies into fully fledged...

Rural Bank Lending in China Rises 16.5% Per Annum on Average Since 2007

A new report from the People's Bank of China (PBOC) points to over 500% growth in rural-related bank loans since the launch...

Chinese Central Bank’s 2019 Research Conference Flags Further Rural Finance and Financial Inclusion Measures

The People's Bank of China's (PBOC) annual research conference for 2019 has signalled further measures to improve finance in rural areas as...

Beijing Calls for Establishment of “Modern Rural Village Financial System”

The Chinese central government has unveiled plans to establish a "modern rural village financial system" as part of broader efforts to shore...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...