Tuesday, February 7, 2023

Chinese Banking Sector Sees 10% Increase in Assets in 2022 – Medium and Long-term Manufacturing Loans Surge 33.8%, Micro and Small-Business Loans Rise over...

The Chinese banking sector saw disproportionately rapid growth in lending to both the manufacturing sector and micro-and-small enterprises (MSEs) in 2022, as regulators push...

China’s Banking Regulator Targets Online and Extraterritorial Deposit Taking by Small-scale Provincial Banks

The China Banking and Insurance Regulatory (CBIRC) has reiterated its commitment to ensuring that the operations of small-scale regional banks remain confined to their...

Beijing Unveils New Plan to Transform China into “Quality Superpower”

The Chinese central government has issued a new directive outlining plans to upgrade the quality of the country's economic output. The Central Committee of the...

Xi Jinping Says China Needs to Be “Able, Daring and Willing to Consume”

President Xi Jinping has called for Chinese citizens to step up their consumption levels in order to bolster domestic demand. "Consumption is an important...

China’s Foreign Reserves Rise 1.82% in January to more than US$3.18 Trillion

China's foreign reserves posted a sizeable rise in the month of January, after seeing multiple months of decline in 2022. According to data from...

Ministry of Commerce to Support Chinese Enterprises “Going Out” While “Inviting in” More Foreign Investment

The Ministry of Commerce (MOFCOM) has flagged greater support for the further integration of China with the global economy in 2023, in the wake...

Chinese Banking Sector Sees 10% Increase in Assets in 2022 – Medium and Long-term Manufacturing Loans Surge 33.8%, Micro and Small-Business Loans Rise over...

The Chinese banking sector saw disproportionately rapid growth in lending to both the manufacturing sector and micro-and-small enterprises (MSEs) in 2022, as regulators push...

China’s Banking Regulator Targets Online and Extraterritorial Deposit Taking by Small-scale Provincial Banks

The China Banking and Insurance Regulatory (CBIRC) has reiterated its commitment to ensuring that the operations of small-scale regional banks remain confined to their...

Beijing Unveils New Plan to Transform China into “Quality Superpower”

The Chinese central government has issued a new directive outlining plans to upgrade the quality of the country's economic output. The Central Committee of the...

Xi Jinping Says China Needs to Be “Able, Daring and Willing to Consume”

President Xi Jinping has called for Chinese citizens to step up their consumption levels in order to bolster domestic demand. "Consumption is an important...

China’s Foreign Reserves Rise 1.82% in January to more than US$3.18 Trillion

China's foreign reserves posted a sizeable rise in the month of January, after seeing multiple months of decline in 2022. According to data from...