Thursday, May 2, 2024

Monthly Archives: February, 2019

Xi’an Hopes to Provide 100 Billion Yuan in Financing to Tech Companies by 2021

One of China's ancient Silk Road capitals has unveiled an ambitious new plan to develop the regional tech financing sector over the next several...

Chinese Tourists Make Nearly 150M Overseas Trips in 2018, Tourism Accounts for over 11% of China’s GDP

Official data points to a sharp rise in the number of overseas trips made by Chinese tourists in 2018. Figures released by the Ministry...

Shanghai’s Tech Innovation Board Expected to Host around 150 Listings This Year

A report from one of China's leading investment banks sees as many as 150 banks listing via the recently launched tech board in Shanghai The...

Chinese Banks Raise Nearly 70B Yuan for Capital Replenishment via Bond Issues

Commercial lenders are stepping up their debt raising endeavours as Beijing paves the way for multiple channels to shore up their capital. A report...

China’s Foreign Reserves Rise for Third Consecutive Month, SAFE Anticipates “Stability amidst Volatility”

China's foreign reserves lifted for the third consecutive month in January, with officials expecting levels to remain stable in the near-term. Figures released by...

Shanghai and Millenials Dominate Chinese New Year Consumption: Tencent Financial Technology

A new report from Tencent Financial Technology indicates that Shanghai residents and millenials dominated consumer spending via Tencent platforms during the traditional Chinese holiday...

Chinese Bond Investors Flee for Safety Despite Beijing’s Financial Inclusion Drive

Investors in China's bond market are sticking with safer forms of debt despite a broad push by Beijing to support private enterprise and small...

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 up financial...

Beijing Commits to Multiple Capital Channels for Chinese Commercial Banks, Opening of Bond Market

The Chinese State Council has announced that it will provide support to further measures to support capital supplementation by China's commercial banks. An executive...

Consumption Seen Accounting for 80% of Chinese GDP Growth in 2019

Domestic analysts see consumption contributing over 80% of 2019 GDP growth following the launch of broad-based policies to spur domestic consumption by the Chinese...

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