Sunday, January 17, 2021
Tags Chinese rural finance

Tag: Chinese rural finance

Rural Commercial Banks in China Rise to 1423, Rural Credit Societies Post Decline

The number of rural commercial banks operating in China has seen an increase following the conversion rural credit societies into fully fledged...

Rural Bank Lending in China Rises 16.5% Per Annum on Average Since 2007

A new report from the People's Bank of China (PBOC) points to over 500% growth in rural-related bank loans since the launch...

Chinese Central Bank’s 2019 Research Conference Flags Further Rural Finance and Financial Inclusion Measures

The People's Bank of China's (PBOC) annual research conference for 2019 has signalled further measures to improve finance in rural areas as...

Beijing Calls for Establishment of “Modern Rural Village Financial System”

The Chinese central government has unveiled plans to establish a "modern rural village financial system" as part of broader efforts to shore...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.