Tuesday, January 19, 2021
Tags Chinese small and micro enterprises

Tag: Chinese small and micro enterprises

Further Reserve Ratio Cuts Anticipated as Beijing Pushes for More Lending to Small and Micro Enterprises

Domestic analysts expect the Chinese central bank to implement further cuts to the required reserve ratio for commercial lenders as part of...

Banking Regulator Wants to Cut Financing Costs for Micro-Enterprises and Private Business

The China Banking and Insurance Regulatory Commission (CBIRC) has stressed the need for further reductions in the financing costs of the country's small and...

Beijing Unveils 23 Measures to Support Financial Inclusion for Small and Micro-enterprises

China's central financial authorities have launched a slew of new measures to expand financial inclusion for the country's small and micro-enterprises. On 26 June the...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...