The Chinese central government has announced the dramatic expansion of its pilot zones for the development of artificial intelligence (AI) innovations.

Economy

PBOC Issues 25 Billion Yuan in Central Bank Bills on 19 February via Hong Kong

CBNEditor - February 19, 2021 0

The People’s Bank of China (PBOC) issued 25 billion yuan in renminbi-denominated central bank bills on 19 February via auction in Hong...

Economy

Retail, Food & Beverage Companies in China See Near 30% Sales Surge During 2021 Lunar New Year

CBNEditor - February 18, 2021 0

Major companies in China's retail and food and beverage (F&B) sectors have seen a sharp rise in sales during the 2021 Lunar...

Economy

Chinese Central Bank Calls for “Leaping Growth” in Green Finance, Commits to Peak Carbon and Carbon Neutrality Targets

CBNEditor - February 11, 2021 0

The People's Bank of China (PBOC) has reiterated its commitment to green financing and related environmental protection goals in the lead up...

Economy

Beijing Says “Houses Are for Occupation, not Speculation,” Flags Complete Ban on Speculative Property Investment in the City

CBNEditor - February 10, 2021 0

The Beijing municipal government has reiterated its long-standing stance against speculative investment in the local real estate market.

Banking

Net Profits of Chinese Banks Fall 2.7% in 2020, Bad Debts Edge Lower in Final Quarter

CBNEditor - February 10, 2021 0

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a significant drop in the profits of the...

Economy

China’s M2 Money Supply up 9.4% YoY at End of January, New Loans Hit Record High

CBNEditor - February 10, 2021 0

The Chinese central bank has just released its latest round of data on China's monetary system for the month of January.

Economy

Phase One Trade Deal between China and US Slammed as Failure

CBNEditor - February 9, 2021 0

A new report says that much of the phase one trade deal executed by China and the US just over a year...

Economy

Chinese Hedge Funds Outperform Global Peers in 2020 with 30% Returns on Average

CBNEditor - February 9, 2021 0

Hedge funds in China outshone their overseas rivals in 2020 as the country's economy staged an advance recovery from the COVID-19 pandemic....

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Economy

Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

China to Create 30 “Fully 5G Connected Factories” over Next Three Years as Industrial Internet of Things Enters Rapid Growth Phase

China Hopes to Stabilise Foreign Trade in 2021 via E-commerce and Restored US Relations, Mulls Joining CPTPP

Assets of China’s Central State-owned Enterprises Breach USD$10 Trillion Threshold During 13th Five Year Plan

COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC

Latest stories

Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

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