Tuesday, April 13, 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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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...