Saturday, January 23, 2021
Tags Chinese financial reforms

Tag: Chinese financial reforms

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...

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

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...

China Will Maintain Deleveraging Campaign Under 2016 – 2020 Five Year Plan

China will maintain its ongoing deleveraging campaign and continue to drive key reforms of the financial sector according to sources speaking to Reuters. The sources...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.