Wednesday, October 28, 2020
Tags Chinese Academy of Social Sciences

Tag: Chinese Academy of Social Sciences

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...

Chinese Academy of Social Sciences Forecasts GDP Growth of 6.7% in 2018

One of China's leading state think tanks sees Chinese GDP rising by around 6.7% in 2018. The Economics Department of the Chinese Academy of Social...

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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...