Sunday, October 25, 2020
Tags Chinese consumption

Tag: Chinese consumption

Economy

State Council Flags Support for “New Consumption,” Reduction in Payment Processing Fees

CBNEditor - 0
China's top government authority has issued a new directive flagging plans to drive the growth of "new consumption" via a range of...
Read more
Economy

Consumer Finance Customer Numbers in China Rise 52.29% in 2019

CBNEditor - 0
A new report on the consumer finance sector in China points to a surge in customer numbers in 2019.
Read more
Economy

Beijing Flags Multiple Measures to Spur Rebound in Chinese Consumption

CBNEditor - 0
China's National Development and Reform Commission (NDRC) has flagged the launch of a slew of measures to help drive a rebound in...
Read more
Economy

Agricultural Bank of China Cooperates with UnionPay on Issuance of Consumption Vouchers

CBNEditor - 0
Big state-owned lender Agricultural Bank of China (ABC) is working with payments giant China UnionPay to issue government consumption vouchers to help...
Read more
Economy

Retail Sales of Consumer Goods Drop 19% in First Quarter of 2020

CBNEditor - 0
China saw a sharp drop in retail sales of consumer goods in the first quarter of 2020 as a result of efforts...
Read more
Economy

UnionPay Helps Issue over $56 Million in Digital Consumption Vouchers Across China

CBNEditor - 0
Payments giant China UnionPay is helping local authorities to issue consumption vouchers to stimulate lacklustre regional economies in the wake of the...
Read more
Economy

Ministry of Industry Working on Consumer Policies to Spur Vehicle Ownership

CBNEditor - 0
China's Ministry of Industry and Information Technology (MIIT) has flagged the launch of new policies to bolster vehicle consumption in the wake...
Read more
Banking

Big State-owned Banks Cut Rates for Consumer Loans in Response to Coronavirus

CBNEditor - 0
China's big state-owned banks have been slashing rates for consumer loans since February in order to whet the appetite of customers still...
Read more
Economy

Beijing Issues New Directive on Mitigating Coronavirus Impacts by Spurring Consumption

CBNEditor - 0
The Chinese central government is stepping up efforts to keep the economy afloat following the coronavirus outbreak with the issuance of a...
Read more
Economy

Consumption the Biggest Driver of China’s Economy for 6th Year Straight, Service Consumption Exceeds 50% for First Time

CBNEditor - 0
Official data points to the sustained role of consumption as the primary driver of growth in the Chinese economy.
Read more
1234Page 1 of 4

Most Read

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
Read more

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
Read more

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Economy CBNEditor - 0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
Read more

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

Fintech CBNEditor - 0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
Read more

ABOUT US

China Banking News covers all the latest news and development in the Chinese finance and fintech sectors.

Contact us: [email protected]

FOLLOW US