Monday, January 18, 2021
Tags Chinese small business

Tag: Chinese small business

Think Tank Frets over Impact of Coronavirus on China’s Small Businesses and Regional Banks

A senior figure from one of China's leading economics think tanks has called for Chinese banks to help small businesses to weather...

Beijing’s New Tax Cuts Expected to Save Chinese Small Businesses 200B Yuan

The Chinese central government has flagged new tax cuts which are expected to reduce the tax burden for small and micro-enterprises by approximately 200...

Loans to Small and Micro-enterprises Made Exempt from Value-added Tax

The central government has launched new measures to raise levels of financial inclusion on the part of Chinese lenders. China's Ministry of Finance and the...

Beijing Proposes Five Measures to Expand Financial Inclusion for Small Businesses

The State Council has outlined a raft of five measures for expanding the supply of financing to China's small and micro-enterprises. On 20 June China's...

SME’s Account for over 60% of China’s GDP, Beijing Mulls Inclusion of Loans as MLF Collateral

The Chinese central government is pushing for the financial sector to provide greater support to small and micro-enterprises, who have seen their contribution to...

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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...