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China Establishes $30 Billion Fund for State-owned Enterprise Mixed-ownership Reforms

China has just seen the launch of a new fund in Shanghai to support state-owned enterprise (SOE) mixed-ownership reforms.

Chinese Central Bank’s 2020 Q4 Meeting Highlights Support for Post-COVID 19 Recovery, Stable Yet Flexible Monetary Policy

The routine meeting of the People's Bank of China (PBOC) for the final quarter of 2020 has highlighted the maintenance of stable...

Big State-owned Bank Reportedly Launches Digital Renminbi Wallet Trials in Shanghai

Domestic media reports that trials of the digital renminbi have commenced in Shanghai with the participation of one of China's big state-owned...

PBOC Undertakes 20 Billion Yuan in Reverse Repo Operations on 28 December for Net Injection of 10 Billion Yuan

The People’s Bank of China (PBOC) announced that it undertook 20 billion yuan in reverse repo operations on 28 December.

PBOC Undertakes 5 Billion Yuan in Central Bank Bill Swap Operations on 24 December

The Peo­ple’s Bank of China (PBOC) conducted 5 bil­lion yuan in cen­tral bank bill swap (CBS) operations on 24 December, with a...

Chinese Central Bank Undertakes 40 Billion Yuan in Reverse Repos on 24 December for Net Injection of 30 Billion

The People's Bank of China (PBOC) announced that it undertook 40 billion yuan in reverse repo operations on 24 December.

China Further Defers Repayments for Micro and Small Enterprise Loans Past First Quarter of 2021

The Chinese government has further extended deferrals on repayments for loans made to micro and small-enterprises (MSE's) that were originally launched in...

China’s Annual Output of Crude Steel Expected to Exceed One Billion Tonnes

China is on track to lift its annual production of crude steel to the highest level for any nation in world history,...

China Emerges as World’s Biggest Consumer Market for Real Goods

Official data indicates that China has emerged as the world's biggest consumer market when it comes to physical goods.

Japanese Economists Expect China to Surpass US in National GDP Before End of the Decade

A leading Japanese think tank expects China's economy to exceed that of the US prior to the end of the 2020's, with...

Funds Raised by Chinese Companies via US IPO’s Rise to Six Year Peak in 2020

The amount of money raised by Chinese companies via initial public offerings (IPO's) on American bourses has risen to a six year...

China’s Central Economic Work Conference Outlines 8 Key Missions for 2021

The bellwether meeting for the formulation of economic policy by the Chinese central government has outlined eight key missions for the upcoming...

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...