Thursday, August 5, 2021
Banking

Chinese Central Bank Launches Three Year Campaign to Support Small Business and Private Enterprise in Beijing

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The People's Bank of China has launched a new campaign to drive financial inclusion for small businesses and private companies operating in...
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Fintech

Bank of Communications Teams up with JD.com on 20M Yuan Digital Renminbi Giveaway in Shanghai and Suzhou

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Big state-owned lender Bank of Communications (BOCOM) will work with e-commerce giant JD.com on a new digital renminbi giveaway that will be...
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Banking

Local Asset Management Companies Set for New Rules to Address Regulatory Gaps

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Chinese financial authorities are preparing new rules for the country's 58 local asset management companies (AMC), in order to address a lack...
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Banking

ICBC Teams up with Chinese Chamber of Commerce to Drive Micro-loans

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ICBC is one of six banks to team up with the All-China Federation of Industry and Commerce (ACFIC) to drive micro-lending to...
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Finance

Xiong’an New Area to Step up Financial Infrastructure Development, Establish Fintech Hub

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The Hebei province government has unveiled plans to transform the Xiong'an New Area into a hub for the regional fintech sector and...
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Banking

Bank of Shanghai Grabs Approval to Launch Wealth Management Subsidiary

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Bank of Shanghai has become the latest lender to obtain approval for the establishment of its own wealth management subsidiary, as well...
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Banking

FINTECH

Fintech

Bank of Communications Teams up with JD.com on 20M Yuan Digital Renminbi Giveaway in Shanghai and Suzhou

CBNEditor - 0
Big state-owned lender Bank of Communications (BOCOM) will work with e-commerce giant JD.com on a new digital renminbi giveaway that will be...
Read more
Finance

Xiong’an New Area to Step up Financial Infrastructure Development, Establish Fintech Hub

CBNEditor - 0
The Hebei province government has unveiled plans to transform the Xiong'an New Area into a hub for the regional fintech sector and...
Read more
Economy

Chinese Central Bank Flags Greater Cooperation with Kazakhstan on Payments and Finance

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The People's Bank of China (PBOC) has flagged greater cooperation with the Central Asian nation of Kazakhstan in the area of payments....
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Finance

ECONOMY

Chinese Central Bank Flags Greater Cooperation with Kazakhstan on Payments and Finance

Economy CBNEditor - 0
The People's Bank of China (PBOC) has flagged greater cooperation with the Central Asian nation of Kazakhstan in the area of payments....
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Chinese Central Bank Outlines Eight Key Missions for Second Half of 2021

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The People's Bank of China (PBOC) has outlined its chief focal points for policy decisions in the second half of 2021.
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China’s Cloud Market Surpasses 30B Yuan in First Quarter, Alibaba Cloud, Tencent and Huawei Lead: IDC Report

Economy CBNEditor - 0
A new report from market intelligence firm IDC indicates that the Chinese cloud computing market exceeded the 30 billion yuan threshold in...
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China Construction Bank Commits over $46 Billion in Financing to Suzhou’s Economic Development

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One of China's big state-owned banks has stepped up its financial support for the Jiangsu province economic hub of Suzhou by means...
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Ex-Bank of China Chief Warns Libra, Diem Could Strengthen US dollar “Hegemony,” Highlights Challenges of Decentralised Finance

Economy CBNEditor - 0
The former head of one of China's big state-owned banks has warned that emerging cryptocurrencies such as Libra and Diem could potentially...
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