Friday, April 23, 2021
Tags Chinese private sector

Tag: Chinese private sector

Guo Shuqing Denies China Plies State Monopoly Capitalism, Says State-owned Enterprises Bear Twice the Tax Burden of Private Companies

The senior-most official in China's banking regulatory system has stressed the importance of the role played by the rapidly expanding private sector...

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 Top Banking Regulator Hails Expansion of Private Sector Economy and Fintech Industry

The senior-most figure in China's banking regulatory system said that the private sector and fintech are playing a pivotal role in the...

Lending to China’s Private Sector on the Rise: FT Survey

A new survey points to a rise in lending by Chinese banks to the private sector following a push for greater financial...

Private Sector Accounts for over 60% of Economy Yet Just 25% of Bank Loans: CBIRC Head

The party secretary of the Chinese central bank and head of the China Banking and Insurance Regulatory Commission (CBIRC) has robust targets to drive...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...