Friday, April 16, 2021
Tags Chinese Academy of Social Sciences

Tag: Chinese Academy of Social Sciences

Digital Renminbi Will Reshape Banking and Payments Sectors, Enhance Monetary Policy and Economic Adjustments: Chinese Think Tank Experts

Experts from the Chinese Academy of Social Sciences (CASS) and the National Institution for Finance & Development (NIFD) see the digital renminbi...

China Must Innovate Independently to Overcome US Challenge: Chinese Academy of Social Sciences

A senior researcher from a leading state-backed think tank has called for China to step up its innovative capability in order to...

Financial Stability and Development Committee Should Establish Innovation Centre for Fintech Sandboxes: CASS

One of China's leading think tanks has called for the country's top financial authority to establish a coordinating body for running fintech...

Top Think Tank Says Fintech Essential to China’s Financial Supply-side Structural Reforms

The head of one of China's top economic think tanks has outlined the six major "directions" for the country's financial supply-side structural...

Leverage Risk Concentrated amongst State-owned Enterprises, Local Government: Chinese Academy of Social Sciences

One of China's leading think tanks has warned of the dangers of excessive leverage amongst state-owned enterprises (SOE) and local governments.

Decline in Chinese Housing Prices on Track to Ease: CASS

A report from one of China's leading think tanks points to a slowdown in the rate of decline in Chinese housing prices.

Deleveraging is the Long-term Mission: National Institution for Finance and Development

The head of one of China's leading economic think tanks has reiterated the need to pursue deleveraging efforts over the long haul. Li Yang (李扬),...

2019 GDP Growth to Drop Beneath 6.5%: Chinese Academy of Social Sciences

A new blue paper from the Chinese Academy of Social Sciences (CASS) forecasts a decline in China's GDP growth in 2019. The "Economic Blue Paper...

Fintech Abets Growth of Financial Inclusion: Chinese Academy of Social Sciences

A new report from the Chinese Academy of Social Sciences (CASS) points to the potential for new technologies to improve levels of financial inclusion. The...

40% of Chinese Economists Say Industrial Overcapacity Still “Severe”

A survey from one of China's leading think tanks found that 70% of economists believe overcapacity is still problem for at least some domestic...

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CBIRC Drafting New Regulations on the Sale of Life Insurance, Targets Live Streaming E-commerce

The China Banking and Insurance Regulatory Commission (CBIRC) has announced that it is in the process of drafting new regulations governing the...

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

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...