Wednesday, October 28, 2020
Tags Beijing

Tag: Beijing

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

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

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

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

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

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

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

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

Beijing Tops Fintech Investment in China in 2018

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

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

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...

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

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...

Five Chinese Cities Restrict Housing Purchases by Companies, Beijing Expected to Follow Suit

Five of China's major cities have imposed restrictions on the purchase of housing by companies, amidst the broader implementation of real estate market controls...

Beijing and Shanghai See Average Disposable Incomes Exceed $4,400 in First Half

The latest official data indicates that average disposable incomes in the Chinese mega-cities of Beijing and Shanghai have breached the 30,000 yuan (approx. USD$4430)...

Beijing Unveils Plans for New Fintech District

Beijing has revealed ambitions to create a specialised fintech demonstration area that bridges the Chinese capital's hi-tech zone and its financial district. Beijing mayor Chen...

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...