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Beijing Issues Directive to Spur Automobile and Rural Consumption Post-COVID-19

The Chinese central government has just issued a directive to drive the consumption of automobiles and household goods as part of efforts...

Chinese Central Bank Calls for Stronger Macro-prudential Regulation of Online Finance at Inaugural Work Meeting for 2021

The People's Bank of China (PBOC) has sent a raft of key policy signals at its inaugural work meeting for 2021, including...

China’s Greater Bay Area Hopes to Attract More “Tech Immigrants,” Allow Foreign Citizens to Found Tech Enterprises

The Guangdong province capital of Guangzhou has flagged the launch of trials to attract more foreign talent to its tech sector.

China Frees up Overseas Lending for Domestic Enterprises, Targets Core Technologies Abroad

The Chinese central government hopes to facilitate overseas expansion by domestic enterprises by freeing up offshore lending.

80% of Chinese Cities See Rental Price Levels Decline in 2020

A new report from Beike Research Institute (贝壳研究院) indicates that home rental prices fell in 80% of Chinese cities in 2020, amidst...

Chair of Huarong Asset Management Lai Xiaomin Sentenced to Death for Bribery, Bigamy, Corruption

The former chair and party secretary for one of China's big four asset management firms has been sentenced to death over bribery...

China Expected to Open 3700 Kilometres in New Railway Lines in 2021, High-speed Mileage Nearly Doubles During 13th Five Year Plan

China will continue to drive the copious expansion of its railway system in the inaugural year of the country's 14th Five Year...

China on Track to See 430 – 490 A-share IPO’s in 2021 Raising up to 480B Yuan: PWC Report

Analysts from Pricewaterhouse Coopers (PWC) expect funds raised via A-share IPO's in China to rise to a decade-long high in 2021.

China Loosens Capital Account Restrictions for Renminbi Revenue Usage

The Chinese central government has announced the loosening of key capital account restrictions, alongside new measures to facilitate cross-border renminbi transactions.

Chinese Central Bank Targets Concentrations of Real Estate Lending

China's central bank and its top banking regulator have jointly launched a new system to regulate the concentration of real estate lending...

Beijing Lifts Equity Investment Ceiling for Chinese Annuity Funds, Expected to Add USD$46 Billion to Capital Markets

China has given its annuity pension funds greater latitude to allocate investment funds towards equities, in a move which is expected to...

China Touts $368 Billion in Spending on Environmental Protection

The Chinese central government has touted heavy spending on environmental protection measures during the first four years of the 13th Five Year...

Latest stories

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...