Tuesday, October 27, 2020
Tags Chinese State Council

Tag: Chinese State Council

Banking

State Council Cancels Enterprise Bank Account Licensing

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China's top government authority has unveiled major changes to the licensing system for the opening of enterprise bank accounts by commercial lenders....
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Finance

State Council Launches New Requirements for Establishment of Financial Holding Companies

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China's top government authority has provided further clarification for requirements in relation to the establishment of financial holding companies (FHC), in order...
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Banking

Chinese Monetary Policy Will Remain Unchanged, Needs Greater Certainty to Deal with COVID-19 Uncertainties: PBOC

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A senior official from the Chinese central bank has flagged the maintenance of steady monetary policy in the near-future, as the COVID-19...
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Banking

State Council Flags RRR Cut Targeting Joint Stock Banks to Help Deal with Coronavirus Impacts

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The State Council has flagged the use of targeted cuts to China's reserve requirement ratio (RRR) to help prime the Chinese economy...
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Banking

Beijing Mandates Lending Rates of under 1.6% for Enterprises Contributing to Coronavirus Containment

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China's State Council has called for banks to provide loans with rates of under 1.6% to those enterprises that provide goods and...
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Most Read

Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Economy CBNEditor - 0
Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...
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Zhou Xiaochuan Denies that Belt and Road Is Debt-trap Diplomacy

Economy CBNEditor - 0
The former governor of the Chinese central bank has addressed accusations that China's much vaunted Belt and Road Initiative perpetrates a form...
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Shenzhen the Stage for Further Chinese Depository Receipt Reforms as China Drives Capital Market Internationalisation

Finance CBNEditor - 0
The southern tech hub of Shenzhen is set for further trials of Chinese Depository Receipts (CDR) as part of broader reforms to...
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Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

Fintech CBNEditor - 0
The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...
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