Wednesday, October 28, 2020
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...

Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...