Monthly Archives: February, 2019

Chinese Central Bank Releases Total Social Financing Data by Province

CBNEditor - February 5, 2019 0

The People's Bank of China (PBOC) has released its statistics for total social financing in 2018 broken down in terms of province-level administrative entities....

WeBank Launches Fintech Research Centre with Leading Singaporean University

CBNEditor - February 5, 2019 0

Tencent's online lending vehicle WeBank is teaming up with one of Asia's leading universities to establish a fintech research centre in Singapore. WeBank and Singapore's...

China’s Public Private Partnership Catalogue Expands by 2.4T Yuan in 2018

CBNEditor - February 4, 2019 0

The latest data from the Ministry of Finance (MOF) points to a sizeable increase in the number and investment sum of public private partnership...

Beijing Launches New Round of Household Energy Efficiency Subsidies

CBNEditor - February 4, 2019 0

The Beijing municipal government has unveiled a new cycle of subsidies to expedite the use of energy efficiency consumer goods by households in the...

Operating Revenues of Chinese Software Sector Exceed 6.3T Yuan in 2018

CBNEditor - February 4, 2019 0

The Chinese software sector saw robust growth in operating revenues in 2018 according to the latest round of official data. The "2018 Software and...

Two Chinese Provinces See GDP’s Exceed 9 Trillion Yuan in 2018

CBNEditor - February 4, 2019 0

The coastal provinces of Guangdong and Jiangsu both posted GDP's of over 9 trillion yuan for the first time simultaneously in 2018. 31 out...

PBOC Launches New Macro-prudential Management Department amidst Structural and Functional Shift

CBNEditor - February 3, 2019 0

The Chinese central bank has unveiled a new macro-prudential management authority as part of a sweeping structural and functional overhaul. The State Commission Office...

Average Price of Pre-owned Chinese Homes Drops for Fifth Consecutive Month

CBNEditor - February 3, 2019 0

A new report indicates that pre-owned homes in China saw their average prices decline for the fifth consecutive month in January. Data released by the...

Chinese Internet Business Revenues Surge over 20% YoY to Hit 956.2B Yuan in 2018

CBNEditor - February 3, 2019 0

A new report points to surging growth in income generated by China's large-scale internet enterprises in 2018. The "2018 Internet and Related Services Sector Statistical...