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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

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The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
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Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

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A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
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Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

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The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...
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Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

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Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.
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