Friday, April 16, 2021
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Economy

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

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Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...
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Economy

Shanghai, Beijing and Shenzhen Top List of China’s Top 50 Cities in Terms of 2020 GDP

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Shanghai and Beijing have topped a new ranking of China's leading cities in terms of estimated economic output in 2020.
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Finance

Shanghai, Beijing, Shenzhen Top 2020 List of China’s 31 Leading Financial Centres

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A new ranking of China's top financial centres puts Shanghai, Beijing and Shenzhen at the top of the list.
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Fintech

Beijing, Shanghai and Guangdong Province Home to 70% of China’s Top Internet Firms

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A new report has found that China's digital and Internet economy remains heavily concentrated in giant urban centres of Beijing, Shanghai and...
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Economy

Detailed Plans for Free Trade Pilot Zones in Beijing, Hunan and Anhui Unveiled

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Chinese authorities have released detailed plans for a raft of free trade zones situated in different parts of the country.
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Economy

CBIRC to Strengthen Coordination of Financial Regulations across Jing-Jin-Ji Region

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The China Banking and Insurance Regulatory Commission (CBIRC) has flagged efforts to improve coordination of financial regulation for the Jing-Jin-Ji region encompassing...
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Banking

Over a Third of Shanghai, Beijing Workers Earn above USD$1485 a Month

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A new report on urban incomes in China from tech giant Tencent indicates that Beijing, Shanghai and Shenzhen are home to the...
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Finance

Beijing Tops Fintech Investment in China in 2018

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Beijing has emerged as the leading city in China for fintech investment in 2018.
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Banking

Ex-Housing Minister Calls for Empty Homes Levy as Vacancy Rates Approach 20% in Beijing

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The former head of China's Ministry of Housing and Urban-Rural Development (MOHURD) says that the Chinese government should levy a tax on empty residential...
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Banking

Beijing, Guangzhou and Shanghai Host to China’s Lowest First Home Loan Rates

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The mega-cities of Beijing, Guangzhou and Shanghai are amongst the Chinese urban centres posting the lowest first home loan rates in July, despite an...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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