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Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

China’s Banking Regulator Calls for Expansion of Loans to Strategic Emerging Industries, Advanced Manufacturing

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has issued a call for domestic lenders to advance Beijing's...

Foreign Capital Inflows Accelerate in China in First Half of 2021

China has seen a sharp increase in inbound foreign investment since the start of 2021, despite the worsening of trade relations with...

Beijing Touts Creation of Rural Logistics System in China, Supply Chains for Agricultural E-Commerce

The Chinese central government says it is accelerating efforts to create a logistics system covering the country's rural village communities.

China Steps up Reform Ambitions for Policy Banks

China's top financial authorities have unveiled further plans for the ongoing reform of the policy banks that are responsible for advancing policy-driven...

Chinese Banks Prepare 81B Yuan in Funds to Support Henan Flood Relief Efforts: CBIRC

Chinese banks are preparing to extend copious amounts of credit to assist alleviation and recovery efforts for parts of Henan province stricken...

China Signs Free Trade Agreements with 13 Countries under Belt and Road Initiative, Trains Enterprises up on RCEP

The Chinese central government is touting the signing of free trade agreements with more than a dozen countries as part of its...

China’s Loan Prime Rate Remains Unchanged for 15th Consecutive Month in July Despite Reserve Ratio Cut

The benchmark rate for the Chinese banking sector has held steady for the 15th consecutive month in the month of July. 

China Designates Five Cities as “International Consumption Hubs”

The Chinese central government has announced the designation of five major cities as centres for efforts to drive "international consumption."

PBOC Flags Trial Opening of Capital Account in Shanghai Free Trade Zone

The Chinese central bank has flagged support for trial opening of the capital account in Shanghai's Lingang free trade zone.

Chinese Central Bank Releases Financial Markets Report for June 2021

The People's Bank of China (PBOC) has just released its latest report on the state of the Chinese financial markets for the...

Latest stories

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

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

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

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...

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

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

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

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