Friday, January 22, 2021
Tags Chinese private enterprise

Tag: Chinese private enterprise

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,...

Beijing Flags Opening of Power, Telecoms, Rail, Oil and Gas Sectors to Private Competition

The Chinese central government has issued a directive which calls for loosening of the conditions for private enterprise to operate in the...

Huawei Tops Latest List of China’s 500 Leading Private Enterprises, JD.com Takes 6th Place

Tech giant Huawei has come in first on the latest list of China's top 500 private enterprises, while e-commerce platform JD.com has...

Municipal Banks in China Must Specialise, Focus on Private Enterprise and Financial Inclusion: Bank of Zhengzhou Head

The chief of one of China's leading municipal commercial banks says it and its peers need to specialise in order to survive...

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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.