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Economy
Economy
Economy
Nearly 3/4 of Chinese Mobile Payments Customers Were Daily Users in 2020
CBNEditor
-
January 14, 2021
Economy
New Real Estate Lending in China in 2021 Expected to Remain on Par with 2020
CBNEditor
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January 14, 2021
Economy
Chinese Central Bank Releases Financial Data for End of 2020 – Renminbi Loans Increased 19.63 Trillion Yuan Last Year
CBNEditor
-
January 13, 2021
Economy
Tencent’s WeBank Wins Award for Supporting COVID-19 Containment Efforts in China
CBNEditor
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January 13, 2021
Economy
Beijing Releases Industrial Internet Campaign Plan for 2021 – 2023, Focus on 5G Applications
CBNEditor
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January 13, 2021
Economy
China Set to Contain Regional Debt Risk via Assessment-based Quotas
CBNEditor
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January 12, 2021
0
Domestic sources expect regulators to accelerate efforts to contain hidden local government debt risk, after the issue was heavily stressed by the...
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Economy
Chinese Tax Cuts Exceed USD$386 Billion in 2020
CBNEditor
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January 11, 2021
0
China says it pushed through a copious volume of tax cuts in 2020 as part of ongoing efforts to spur the economy...
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Economy
China Launches Legal Measures to Support Chinese Firms Abroad in Response to US Sanctions
CBNEditor
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January 11, 2021
0
China has unveiled new measures that seek to prevent the application of "inappropriate" foreign laws to Chinese individuals and companies operating in...
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Economy
China’s Housing Minister Flags Eight Key Themes for Real Estate Policy in 2021, Stresses Development of Rental Housing
CBNEditor
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January 11, 2021
0
The head of the Ministry of Housing and Urban-Rural Development (MOHURD) has provided an outline of the authority's policy plans this year,...
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Economy
China Will Vie for Title of World’s Financial Centre, Renminbi Could Become Global Reserve Currency: Ray Dalio
CBNEditor
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January 10, 2021
0
The co-chief investment officer of the world's largest hedge fund expects China to emerge as a potential contender for the world's financial...
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Economy
China’s Foreign Reserves Exceed USD$3.2 Trillion at End of 2020
CBNEditor
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January 8, 2021
0
Official data indicates that China's foreign reserves posted a modest increase in the final month of 2020.
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Economy
Chinese Commerce Minister Reveals Plans to Spur Consumption, Expand Foreign Trade and Opening in 2021
CBNEditor
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January 8, 2021
0
The head China's Ministry of Commerce (MOFCOM) said that driving consumption and further expanding the external opening of the Chinese economy will...
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Economy
Shanghai, Beijing and Shenzhen Top List of China’s Top 50 Cities in Terms of 2020 GDP
CBNEditor
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January 8, 2021
0
Shanghai and Beijing have topped a new ranking of China's leading cities in terms of estimated economic output in 2020.
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Economy
Beijing Issues Directive to Spur Automobile and Rural Consumption Post-COVID-19
CBNEditor
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January 7, 2021
0
The Chinese central government has just issued a directive to drive the consumption of automobiles and household goods as part of efforts...
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Economy
Chinese Central Bank Calls for Stronger Macro-prudential Regulation of Online Finance at Inaugural Work Meeting for 2021
CBNEditor
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January 7, 2021
0
The People's Bank of China (PBOC) has sent a raft of key policy signals at its inaugural work meeting for 2021, including...
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Economy
China’s Greater Bay Area Hopes to Attract More “Tech Immigrants,” Allow Foreign Citizens to Found Tech Enterprises
CBNEditor
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January 6, 2021
0
The Guangdong province capital of Guangzhou has flagged the launch of trials to attract more foreign talent to its tech sector.
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Economy
China Frees up Overseas Lending for Domestic Enterprises, Targets Core Technologies Abroad
CBNEditor
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January 6, 2021
0
The Chinese central government hopes to facilitate overseas expansion by domestic enterprises by freeing up offshore lending.
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Latest stories
China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen
Banking
CBNEditor
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January 15, 2021
0
The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
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Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy
Banking
CBNEditor
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January 15, 2021
0
A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
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Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020
Banking
CBNEditor
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January 15, 2021
0
The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...
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Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan
Banking
CBNEditor
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January 14, 2021
0
Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.
Read more