Saturday, January 16, 2021
Tags Chinese automobile consumption

Tag: Chinese automobile consumption

Beijing Issues Directive to Spur Automobile and Rural Consumption Post-COVID-19

The Chinese central government has just issued a directive to drive the consumption of automobiles and household goods as part of efforts...

CBIRC Loosens Consumer Finance Regulations, Reduces Provisions Coverage Ratio to 130%

China's banking regulator has taken measures to loosen restrictions on the activities of consumer finance companies.

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.