Friday, January 22, 2021
Tags Chinese financial sector opening

Tag: Chinese financial sector opening

Guangzhou to Allow Establishment of Wholly Foreign-invested Micro-loan Companies

The Guangdong province capital of Guangzhou has just announced that it will allow foreign investment in micro-loan companies within its jurisdiction as...

Beijing Launches 11 Measures for Further Opening of China’s Financial Sector, Interbank Bond Market the Focus

The Chinese central government has unveiled a slew of new measures for further opening of the country's financial sector.

Chinese Central Bank Chief Calls for Further Opening of Financial Sector

The head of the People's Bank of China (PBOC) has called for a range of measures to further open up the Chinese...

Beijing Municipal Government Commits to Opening of Local Finance Sector

The Beijing municipal government has flagged further opening of the local finance sector in 2019 in its government work report. During his delivery of the...

China Will “Comprehensively” Open up Financial Sector: Central Bank Chief

The head of the People's Bank of China (PBOC) has reiterated Beijing's commitment to opening up of the Chinese financial sector in a recently...

PBOC Governor Outlines Six Key Measures for Opening of Chinese Finance Sector

Yi Gang (易纲), recently appointed governor of the Chinese central bank, has outlined six measures for further opening China's financial sector that are scheduled...

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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.