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

Tag: Chinese Academy of Social Sciences

Banking

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

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

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

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

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

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

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

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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...
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Banking

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

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

Decline in Chinese Housing Prices on Track to Ease: CASS

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

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

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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),...
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Economy

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

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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...
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Banking

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

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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...
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Economy

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

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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

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