Friday, October 30, 2020
Tags Chinese Ministry of Finance

Tag: Chinese Ministry of Finance

Chinese Finance Ministry to Issue USD$9.88 Billion in Anti-Coronavirus Special Sovereign Bonds

China's Ministry of Finance (MOF) plans to issue a total of 70 billion yuan (approx. USD$9.88 billion) in a third round of...

China’s Finance Minister Says Active Stimulus Policy is “Objectively Necessary” in Wake of COVID-19, Flags Deficit Rise

The Chinese finance minister has flagged the use of greater stimulus measures to help deal with the economic fallout of the COVID-19...

Ministry of Finance Transfers 10% of AgBank, ICBC Holdings to Social Security Fund

China is accelerating the transfer of state-owned holdings in major banks to the country's social security system.

China’s Public-private Partnership Standards Become Tighter

The Chinese central government has further tightened its standards for public-private partnerships (PPP) with the release of a new directive that places...

MOF Cuts 84 Public-Private Partnerships from Demonstration Project List

The Chinese Ministry of Finance (MOF) has made the unprecedented move of removing public-private partnerships (PPP) from its list of demonstration projects. MOF has just...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...