Sunday, April 11, 2021
Tags Chinese private enterprise

Tag: Chinese private enterprise

China’s Banking Authority Steps up Financial Support for Private Enterprise Growth

The China Banking and Insurance Regulatory Commission (CBIRC) plans to launch a new set of policies to support the growth of private-sector...

Beijing Sets 30% Growth Target for Lending to Small and Medium-sized Enterprises in 2021, New SME Loans Forecast to Hit 1.45 Trillion Yuan

Beijing is pushing for strong growth in lending to small and medium-sized enterprises (SME's) in 2021 as part of broader efforts to...

PBOC Warns of Debt-saddled Private Companies, Calls for Creditors to Have Greater Say in Corporate Governance

A senior official from the Chinese central bank has warned of the financial risk created by large-scale private enterprises amassing huge debt...

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...

Beijing Issues New Directive to Support Private Enterprise Growth Post COVID-19

The Chinese central government has just issued a new directive to support the development of private enterprises in China and help them...

Xi Jinping Calls for Greater Guidance of Private Economy by Chinese Communist Party

President Xi Jinping has called for the Chinese Communist Party (CCP) to play a greater role in leading and guiding China's private...

ACFIC Calls for Allowing Foreign Capital to Invest in China’s Private Banks

China's leading non-governmental chamber of commerce has called for the regulators to provide fairer treatment to private banks via the loosening of...

China’s Large-scale Industrial Companies Post 3.3% Profit Decline in 2019, Private Enterprises See 2.2% Increase

Official data points to a sizeable decline in the profits of China's large-scale industrial enterprises in 2019, with the noteworthy exception of...

Beijing Launches New Measures to Bolster Financial Support for Private Enterprises

The Chinese central government has launched new measures to boost and diversify financing channels for private enterprise in China, with an especial...

Domestic Private Enterprise Ousts Foreign-invested Enterprise as Chief Driver of Chinese Foreign Trade

Official data indicates that in 2019 domestic private enterprises emerged as the main driver of China's foreign trade for the first time,...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...