Thursday, January 21, 2021
Tags Chinese financial sector

Tag: Chinese financial sector

Chinese Communist Party Touts Commitment to Further Economic Opening in Flagship Newspaper

The flagship newspaper of the Chinese Communist Party (CCP) has published an opinion piece in its finance section hailing further opening of...

Total Assets of Chinese Financial Institutions Exceed $50 Trillion as of Q2 2020

The latest official data points to a double-digit YoY rise in the total assets of the Chinese financial sector.

Shanghai Banking Sector Announces “Financial Services Initiative” to Stabilise Foreign Trade and Investment

The peak body for the Shanghai banking sector has unveiled a new initiative aimed at shoring up foreign trade and investment during...

Vigorous Financial Opening Measures Will Continue in 2020: China’s Banking Regulator

The China Banking and Insurance Regulatory Commission (CBIRC) has flagged the maintenance of efforts to further open the Chinese financial sector to...

Opening of China’s Financial Sector Has Hit a “Bottleneck”: Huang Qifan

A leading Chinese politician has highlighted the limitations of China's ongoing efforts to open up its financial sector to foreign participants.

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...

Opening of Chinese Financial Sector Requires Reciprocity: CBIRC

A senior official from China's banking and insurance regulator says that the country's opening of its finance sector will entail reciprocal measures on the...

Will China’s Financial Opening Bring Back Foreign Capital?

Industry observers say that new measures to further open China's financial sector are likely to bring back the foreign capital that retreated at the...

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.