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Chinese financial inclusion
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Chinese financial inclusion
Banking
CBIRC Orders Big State-owned Banks to Increase Financial Inclusion Small Business Loans by over 30% in 2021
CBNEditor
-
April 13, 2021
0
The Chinese banking regulator has set ambitious new targets for growth in financial inclusion loans made by big state-owned lenders to small...
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Banking
PBOC Extends Deferral of Repayments on Financial Inclusion Loans Until End of 2021, Provides Monetary Policy Support
CBNEditor
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April 2, 2021
0
The Chinese central bank has extended the deferrals for financial inclusion loans that were first introduced in 2020 as part of efforts...
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Banking
Beijing Sets 30% Growth Target for Lending to Small and Medium-sized Enterprises in 2021, New SME Loans Forecast to Hit 1.45 Trillion Yuan
CBNEditor
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March 11, 2021
0
Beijing is pushing for strong growth in lending to small and medium-sized enterprises (SME's) in 2021 as part of broader efforts to...
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Banking
Chinese Banks Issue 52 Billion Yuan in Financial Inclusion Bonds Since Start of 2021
CBNEditor
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March 9, 2021
0
Commercial banks in China have continued to issue special bonds to raise funds for lending to small businesses since the start of...
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Finance
Shenzhen Stock Exchange Grabs Approval for Merger of Main and SME Boards
CBNEditor
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February 7, 2021
0
One of China's two stock exchanges has obtained approval for a merger of its boards as part of broader efforts to reform...
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Economy
Li Keqiang Hopes to Drive Financial Inclusion in China with Unification of Movable Property Registration under Central Bank
CBNEditor
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December 18, 2020
0
Premier Li Keqiang hopes to give a boost to secured financing for smaller companies in China with the launch of new measures...
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Banking
Financial Inclusion Small and Micro Loans Increase 3.02 Trillion Yuan in First Three Quarters of 2020
CBNEditor
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November 3, 2020
0
Financial inclusion micro-lending in China has seen a sharp increase since the start of 2020, with regulators pushing for credit expansion to...
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Fintech
Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business
CBNEditor
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September 18, 2020
0
The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...
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Banking
Chinese Policy Bank ADBC Enters Cooperative Agreement with Alibaba’s Online Lender MYBank
CBNEditor
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September 17, 2020
0
Agricultural Development Bank of China (ADBC) and Alibaba-backed MYBank have launched what is reportedly the first comprehensive strategic partnership between a policy...
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Finance
PBOC Unveils Plans for Financial Inclusion Trials at Cities in Jiangxi and Shandong Province
CBNEditor
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September 15, 2020
0
The Chinese central bank and a slew of other central government agencies have jointly unveiled plans for financial inclusion trials in three...
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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%
Economy
CBNEditor
-
April 16, 2021
0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%
Economy
CBNEditor
-
April 16, 2021
0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability
Banking
CBNEditor
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April 16, 2021
0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments
Fintech
CBNEditor
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April 16, 2021
0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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