Thursday, January 28, 2021
Tags Chinese financial inclusion

Tag: Chinese financial inclusion

Li Keqiang Hopes to Drive Financial Inclusion in China with Unification of Movable Property Registration under Central Bank

Premier Li Keqiang hopes to give a boost to secured financing for smaller companies in China with the launch of new measures...

Financial Inclusion Small and Micro Loans Increase 3.02 Trillion Yuan in First Three Quarters of 2020

Financial inclusion micro-lending in China has seen a sharp increase since the start of 2020, with regulators pushing for credit expansion to...

Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business

The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...

Chinese Policy Bank ADBC Enters Cooperative Agreement with Alibaba’s Online Lender MYBank

Agricultural Development Bank of China (ADBC) and Alibaba-backed MYBank have launched what is reportedly the first comprehensive strategic partnership between a policy...

PBOC Unveils Plans for Financial Inclusion Trials at Cities in Jiangxi and Shandong Province

The Chinese central bank and a slew of other central government agencies have jointly unveiled plans for financial inclusion trials in three...

Financial Inclusion Lending to Micro and Small Enterprises up 28.4% in First Half of 2020

China's financial inclusion drive has resulted in a surge in lending to micro and small-enterprises in the first half of 2020.

Tencent’s WeBank Designs New Credit Card for Small Businesses

Tencent-backed online lender WeBank has just issued a new credit card product that specifically targets micro-and-small enterprises.

Chinese Central Bank Chief Calls for Monetary and Lending Policy to Become More Targeted

Yi Gang, governor of the People's Bank of China (PBOC), has flagged efforts to make China's monetary and lending policy more "targeted"...

China Development Bank First Half Lending Hits 1.87 Trillion Yuan

One of China's big three policy banks has stepped up lending in the first half of 2020 to help the economy weather...

Microfinance Companies in China See Outstanding Loans Decline by USD$4.83 Billion in First Quarter of 2020

The latest data from the Chinese central bank points to sizeable declines in both the number the outstanding loan balance of Chinese...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.