Monday, October 19, 2020
Tags Chinese micro and small enterprises

Tag: Chinese micro and small enterprises

Financial Inclusion Lending to Micro and Small Enterprises up 28.4% in First Half of 2020

China's financial inclusion drive has resulted in a surge in lending to micro and small-enterprises in the first half of 2020.

Micro-and-Small Enterprise Bond Issuance Already Exceeds 83% of 2020 Target, Full Year Amount for 2019

The latest data indicates that issuance of micro-and-small special finance bonds by Chinese banks has already well exceeded 83% of the annual...

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Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.

Ant Group Raises Target Valuation to USD$280 Billion

Chinese fintech giant Ant Group plans to raise the target value for its IPO to USD$280 billion according to sources.

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with JD.com’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...