Saturday, October 31, 2020
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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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...