Monday, April 19, 2021
Tags Chinese manufacturing

Tag: Chinese manufacturing

CBIRC Calls for Commercial Banks to Help Transform China into a “Great Manufacturing Power”

The China Banking and Insurance Regulatory Commission (CBIRC) has called for commercial banks to step up lending to manufacturers as part of...

China Provides Deferrals for over USD$1 Trillion in Loans during COVID-19, Steps up Lending to Manufacturing and Private Enterprise

Chinese bankers provided domestic borrowers with deferrals for more than USD$1 trillion in loans in 2020, amidst broader policy efforts to keep...

CBIRC Orders Large-scale Chinese Banks to Grow Manufacturing Loans by at Least 5% in 2020

China's banking regulator has set a fresh target for growth in manufacturing loans made by big state-owned banks in 2020, amidst efforts...

Global Supply Chains Won’t Be Leaving China Anytime Soon Despite COVID-19: Morgan Stanley

A new report from Morgan Stanley says that global supply chains will be unable to leave China in the near-future despite a...

COVID-19 Isn’t Triggering Exodus of US Firms, Yet More View Decoupling from China as Real Possibility

A new survey has found that the COVID-19 pandemic has yet to prompt US companies to pursue a wholesale withdrawal of their...

China’s Self-sufficiency Rate for Core Manufacturing Technology Just 1/3: Former IT Minister

The former head of China's Ministry of Industry and Information Technology (MIIT) has highlighted the country's low level of self-sufficiency when it...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...