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Trio of Top Financial Authorities Stress Risk Prevention, Financial Inclusion and Green Finance at 100th Anniversary of Chinese Communist Party

A series of meetings held by China's top financial authorities held immediately following the 100th Anniversary of the Chinese Communist Party (CCP)...

FSDC Flags Accelerated Reform of Chinese Policy Banks

One of China's top financial authorities has signalled that the country's policy banks are on track for accelerated reform measures.

Chinese Central Bank Shuts Down Beijing Company for Abetting Cryptocurrency Trades

The Chinese central bank is further stepping up its crackdown on domestic cryptocurrency trading, with the People's Bank of China (PBOC) shutting...

Chinese Central Bank Issues Directive to Drive Growth in Financial Services for Small Businesses

The People's Bank of China (PBOC) has issued a fresh directive outlining a slew of measures to expand financial services for Chinese...

China Set to Maintain Drive for More Small Business Lending in Second Half of 2021

China's commercial banks are expected to maintain robust levels of lending to micro and small-enterprises (MSE's) in the second half of 2021,...

New White Paper Sheds Light on Investment Preferences of Chinese Middle Class Households

A new white paper from a leading financial consultancy in China provides detailed information on the investment and asset allocation preferences of...

Beijing Encourages Banks to Issue Bonds to Support Loans for Welfare Rental Accommodation

The Chinese central government has called for banking sector financial institutions to use debt issues to raise funds for the financing of...

Chinese Central Bank Calls for Increases to Risk Tolerance for Rural Revitalisation Loans

China's top financial authorities have called for upward adjustments to the risk tolerance for certain categories of lending in a bid to...

China’s Securities Regulator Mandates Inclusion of Debt Financing and Carbon Mitigation Measures in Financial Reports

China's securities regulator has made a range of changes to the formatting of financial reports submitted by companies listed on domestic bourses....

ETF’s in China Breach 500 Threshold, Total Assets Exceed 1.2 Trillion Yuan

China's exchange-traded fund (ETF) market continues to see rapid growth that has taken it to successive highs.

China’s Monetary Policy Committee Convenes Second Quarter Meeting

The Monetary Policy Committee of the People's Bank of China (PBOC) has just convened its routine meeting for the second quarter of...

PBOC Issues Order for Further Reductions in Chinese Payments Fees, Forecasts over $3.7B in Savings for General Public

The Chinese central bank in tandem with a slew of other top financial authorities in China has issued an order for reductions...

Latest stories

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 Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

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...

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.