Saturday, October 31, 2020
Tags Chinese private sector

Tag: Chinese 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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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...